NOT LISTED FOR SALE

501 Cypress Way W Palm Springs, FL 33406

Estimated Value: $287,000 - $302,649

3 Beds
2.5 Baths
1,365 Sq Ft
$135/mo HOA Fee

Last Sold June 26, 2014

Last sale price $87,000 $64 Per Sq Ft

Est. 238% increase in value since last sale

Current estimated payment $2,056/month

85 Days on Market

Highlights

  • Newly Remodeled
  • Community Pool
  • Breakfast Bar
  • Garden View
  • Walk-In Closet
  • Patio

About This Home

As of June 2014

End unit townhouse with courtyard patio, tile floors down, one bedroom down, two bedrooms and utility room upstairs, handyman unit

Last Agent to Sell the Property

Michelle Daniels

The Real Estate Office Co. License #566609 Listed on: 03/02/2014

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,271

Year Built

  • Built in 2000 | Newly Remodeled

Lot Details

  • 436

HOA Fees

  • $135 Monthly HOA Fees

Parking

  • Over 1 Space Per Unit

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,365 Sq Ft Home
  • 2-Story Property
  • Entrance Foyer
  • Garden Views
  • Security Lights
  • Breakfast Bar

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Additional Features

  • Patio
  • Fenced
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 70424413420050060

Community Details

Overview

  • Association fees include common areas
  • 82 Units
  • Cypress Est Of Palm Sprin Subdivision

Recreation

  • Community Pool
  • Park

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,271

Year Built

Built in 2000 | Newly Remodeled

Lot Details

0

HOA Fees

$135 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Purdy to Military Trail South to Cypress East
  • Year Built: 2000
  • New Construction: Yes
  • Year Built Details: New Construction
  • Special Features: 1026

Interior Features

  • Interior Amenities: Breakfast Bar, Entrance Foyer, Split Bedrooms, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: None
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 1365.0
  • Dining Room Type: Storage Room
  • Stories: 2

Exterior Features

  • Exterior Features: Fence, Patio
  • View: Garden
  • Lot Features: < 1/4 Acre
  • Pool Features: None, Association, Community
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: New Construction
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Yn: No
  • Parking Features: Two or More Spaces

Utilities

  • Security: Security Lights
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 135.0
  • Community Features: Park, Pool, Sidewalks
  • Senior Community: No
  • Amenities: Pool
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas

Lot Info

  • Parcel #: 70424413420050060
  • Lot Size Sq Ft: 871.0
  • Zoning Description: RES
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 1271.0

Multi Family

  • Number Of Units In Community: 82

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 13, 2018
Sold by
Iria Miami Llc
Bought by
Taher Mohammed Shabbir and Siddiqui Parisa
Current Estimated Value
$294,412

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,800
Outstanding Balance
$93,610
Interest Rate
4.46%
Mortgage Type
New Conventional
Estimated Equity
$200,802

Purchase Details

Listed on
Mar 2, 2014
Closed on
Jun 23, 2014
Sold by
Bayview Loan Servicing Llc
Bought by
Iria Miami Llc
Seller's Agent
Michelle Daniels
The Real Estate Office Co.
List Price
$99,900
Sold Price
$87,000
Premium/Discount to List
-$12,900
-12.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.35%

Purchase Details

Listed on
Mar 2, 2014
Closed on
Apr 30, 2014
Sold by
Morales Abel
Bought by
Bayview Loan Servicing Llc
Seller's Agent
Michelle Daniels
The Real Estate Office Co.
List Price
$99,900
Sold Price
$87,000
Premium/Discount to List
-$12,900
-12.91%

Purchase Details

Closed on
May 2, 2013
Sold by
Morales Abel and Morales Angie
Bought by
Cypress Estates Of Palm Springs Homeowne

Purchase Details

Closed on
Mar 31, 2005
Sold by
Pena Jairo H
Bought by
Morales Abel and Morales Angie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,600
Interest Rate
7.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 3, 2004
Sold by
Langham Ilene
Bought by
Pena Jairo H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,719
Interest Rate
6.22%
Mortgage Type
VA

Purchase Details

Closed on
Jun 17, 2004
Sold by
Aurora Homes Inc
Bought by
Langham Ilene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,719
Interest Rate
6.22%
Mortgage Type
VA
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Taher Mohammed Shabbir $136,000 South Florida Title Associat
Iria Miami Llc $87,000 Attorney
Bayview Loan Servicing Llc $54,900 None Available
Cypress Estates Of Palm Springs Homeowne $2,100 None Available
Morales Abel $167,000 Statewide Title Corp
Pena Jairo H $143,000 Standard Title Insurance Age
Langham Ilene $124,900 Gardens Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Taher Mohammed Shabbir $108,800
Previous Owner Morales Abel $133,600
Previous Owner Pena Jairo H $147,719
Closed Morales Abel $33,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/26/2014 06/26/14 Sold $87,000 -12.9% $64 / Sq Ft
05/27/2014 05/27/14 Pending -- -- --
03/02/2014 03/02/14 For Sale $99,900 -- $73 / Sq Ft
Source: BeachesMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,385 $183,013 -- --
2023 $3,837 $166,375 $0 $0
2022 $3,485 $151,250 $0 $0
2021 $3,205 $150,000 $0 $150,000
2020 $2,883 $125,000 $0 $125,000
2019 $2,727 $116,000 $0 $116,000
2018 $2,441 $112,000 $0 $112,000
2017 $2,276 $100,000 $0 $0
2016 $2,149 $84,700 $0 $0
2015 $1,965 $77,000 $0 $0
2014 $1,760 $67,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2014

    Michelle Daniels

    The Real Estate Office Co.

    37 Total Sales

    Michelle Daniels
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Map

Source: BeachesMLS

MLS Number: R10020873

BeachesMLS

APN: 70-42-44-13-42-005-0060

Florida Palm Beach County Palm Springs 33406

501 Cypress Way W, Palm Springs, FL

This home is located at 501 Cypress Way W, Palm Springs, FL 33406 since 02 March 2014 and is currently estimated at $294,412, approximately $215 per square foot. This property was built in 2000. 501 Cypress Way W is a home located in Palm Beach County with nearby schools including Clifford O Taylor/Kirklane Elementary School, John I. Leonard High School, and Palm Springs Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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