NOT LISTED FOR SALE

701 Cypress Way E Palm Springs, FL 33406

Estimated Value: $277,000 - $301,000

3 Beds
2.5 Baths
1,365 Sq Ft
$210/Sq Ft Est. Value

Last Sold May 31, 2022

Last sale price $225,000 $165 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,190/month

140 Days on Market

Highlights

  • Courtyard
  • Patio
  • Ceramic Tile Flooring

About This Home

As of May 2022

Unit is currently occupied but in excellent Condition. Available in about 2 months. A lot space for a townhouse. 3 bedrooms and 2 1/2 bath. Private court yard in front and private enclosed back yard. Great location.! welcome to Palm Springs.

Last Agent to Sell the Property

Darma Sainmervil

J M Properties of Palm Bch Inc License #0411063 Listed on: 12/11/2021

Last Buyer's Agent

Darma Sainmervil

J M Properties of Palm Bch Inc

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,796

Year Built

  • Built in 1999

Lot Details

  • 1,045

HOA Fees

  • $222 Monthly HOA Fees

Parking

  • Over 1 Space Per Unit

Home Design

  • Frame Construction

Interior Spaces

  • 1,365 Sq Ft Home
  • 2-Story Property
  • Ceramic Tile Flooring
  • Dryer

Kitchen

  • Electric Range
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom

Outdoor Features

  • Courtyard
  • Patio

Utilities

  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 70424413420070010

Community Details

Overview

  • Association fees include common areas, cable TV, insurance, maintenance structure, parking, recreation facilities, reserve fund, roof, trash
  • Cypress Estate Subdivision

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,796

Year Built

Built in 1999

Lot Details

0

HOA Fees

$222 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Townhouse
  • Property Sub Type Additional: Townhouse
  • Directions: 10th Avenue West to Military Trail, then North on Military Trail, and then East on Cypress ( right after Tire Kingdom into properties).
  • Year Built: 1999
  • Carport Y N: No
  • Entry Level: 1
  • Property Attached Yn: Yes
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Bedroom on Main Level, First Floor Entry, Other
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Appliances: Dryer, Electric Range, Electric Water Heater, Disposal, Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Ceramic Tile
  • Living Area: 1365.0
  • Stories: 2

Exterior Features

  • Exterior Features: Courtyard, Patio
  • View: Other
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Block, Frame, Stucco
  • Patio And Porch Features: Patio
  • Property Condition: Resale

Garage/Parking

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

Utilities

  • Cooling: Other
  • Heating: Other

Condo/Co-op/Association

  • Association Fee: 222.0
  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Other
  • Association #2 Fee: 222.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: No Pet Restrictions, Yes

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Insurance, Maintenance Structure, Parking, Recreation Facilities, Reserve Fund, Roof, Trash

Lot Info

  • Parcel #: 70424413420070010

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 2796.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2021
Closed on
May 25, 2022
Sold by
Jm Properties Assets And Holdings Llc
Bought by
Advance Air Conditioning Services Inc
Seller's Agent
Darma Sainmervil
J M Properties of Palm Bch Inc
Buyer's Agent
Darma Sainmervil
J M Properties of Palm Bch Inc
List Price
$219,900
Sold Price
$225,000
Premium/Discount to List
$5,100
2.32%
Current Estimated Value
$286,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,000
Avg. Annual Appreciation
9.84%

Purchase Details

Closed on
Aug 1, 2013
Sold by
Jm Propeties Of W Palm Beach Inc
Bought by
Jm Properties Assets & Holdings Llc

Purchase Details

Closed on
Jul 22, 2004
Sold by
Sainmervil Darma
Bought by
Jm Properties Of W Palm Beach Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,430
Interest Rate
4.33%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 6, 2004
Sold by
Bumiller Daniel and Bumiller Leonife
Bought by
Sainmervil Darma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,430
Interest Rate
4.33%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 7, 2003
Sold by
Aurora Homes Inc
Bought by
Bumiller Daniel and Bumiller Leonife

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,331
Interest Rate
5.88%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Advance Air Conditioning Services Inc $225,000 Sasha Katz Pl
Jm Properties Assets & Holdings Llc -- None Available
Jm Properties Of W Palm Beach Inc -- --
Sainmervil Darma $124,900 Superior Title & Guaranty Co
Bumiller Daniel $108,000 Gardens Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner J M Properties Of West Palm Beach $100,000
Previous Owner Sainmervil Darma $87,430
Previous Owner Bumiller Daniel $106,331
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2022 05/31/22 Sold $225,000 +2.3% $165 / Sq Ft
05/01/2022 05/01/22 Pending -- -- --
12/11/2021 12/11/21 For Sale $219,900 -- $161 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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 $4,914 $223,300 -- --
2023 $4,318 $203,000 $0 $203,000
2022 $3,382 $143,623 $0 $0
2021 $3,109 $150,000 $0 $150,000
2020 $2,796 $125,000 $0 $125,000
2019 $2,615 $116,000 $0 $116,000
2018 $2,380 $112,000 $0 $112,000
2017 $2,220 $100,000 $0 $0
2016 $2,096 $81,070 $0 $0
2015 $1,915 $73,700 $0 $0
2014 $1,760 $67,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10311117

BeachesMLS (Greater Fort Lauderdale)

APN: 70-42-44-13-42-007-0010