NOT LISTED FOR SALE

8531 Lake Cypress Rd Lake Worth, FL 33467

Park Ridge Neighborhood

Estimated Value: $434,000 - $479,000

3 Beds
2 Baths
1,792 Sq Ft
$251/Sq Ft Est. Value

Last Sold November 18, 2022

Last sale price $445,000 $248 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,820/month

55 Days on Market

Highlights

  • Senior Community
  • Clubhouse
  • Garden View
  • Gated Community
  • Vaulted Ceiling
  • Sauna

About This Home

As of November 2022

Step inside this charming, well-maintained home & you'll be convinced this is the one! 3 BR/2BA CBS home w/Open Floorplan features: Brand new roof (2022); New AC (2021); Exterior painted (2022); Updated Kitchen and Updates in both Baths. Dramatic cathedral ceiling; glass enclosed Lanai with separate AC. Tile flooring throughout main living area & plush wall-to-wall in 2 bedrooms. Professionally staged. Accordion Shutters throughout. Lovely manicured community w/sidewalks. HOA dues cover lawn maintenance, Comcast cable + Internet; ADT Security 24/7 & On-Site Manager. Community amenities inc/Heated Pool/jacuzzi, Tennis/Pickle Ball; Shuffle Board; Bocce/ Billiards, Fitness Rm; Sauna & organized Community Gatherings at Clubhouse. Located near Turnpike; Wellington amenities & LakeWorth Beach

Last Agent to Sell the Property

Robert Kime

Palm Beach Real Estate Team Inc License #3311854 Listed on: 09/04/2022

Last Buyer's Agent

Flora Robertson

Continental Properties, Inc. License #3377519

Continental Properties, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,523

Year Built

  • Built in 1994

Lot Details

  • 6,600 Sq Ft Lot
  • Sprinkler System
  • Property is zoned RTS

HOA Fees

  • $334 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Spanish Tile Roof
  • Tile Roof

Interior Spaces

  • 1,792 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Bay Window
  • Sliding Windows
  • Entrance Foyer
  • Family Room
  • Combination Dining and Living Room
  • Garden Views

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Home Security System
  • Security Gate

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00424420050001200

Community Details

Overview

  • Senior Community
  • Association fees include management, common areas, cable TV, ground maintenance, recreation facilities, security, trash, internet
  • Summer Chase, Cypress Woo Subdivision

Amenities

  • Sauna
  • Clubhouse
  • Billiard Room
  • Community Library
  • Community Wi-Fi

Recreation

  • Tennis Courts
  • Pickleball Courts
  • Bocce Ball Court
  • Shuffleboard Court
  • Community Pool
  • Community Spa

Security

  • Resident Manager or Management On Site
  • Card or Code Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,523

Year Built

Built in 1994

Lot Details

0

HOA Fees

$334 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Florida Turnpike to Exit 93 West. Right on Cypress Isle to Visitors Gate. Then Right onto Summer Chase to end; Left on Cypress Lake to house on your right
  • Year Built: 1994
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Area, Entrance Foyer, Eat-in Kitchen, Living/Dining Room, Pantry, Vaulted Ceiling(s), Walk-In Closet(s), Bay Window
  • Furnished: Unfurnished
  • Spa Features: Community
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Carpet, Tile
  • Living Area: 1792.0
  • Dining Room Type: Family Room
  • Stories: 1
  • Window Features: Sliding

Exterior Features

  • View: Garden
  • Lot Features: Sprinklers Automatic, < 1/4 Acre
  • Pool Features: None, Association, Community
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Spanish Tile, Tile

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage, Garage Door Opener

Utilities

  • Laundry Features: Laundry Tub
  • Security: Security System, Security Gate, Key Card Entry
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 334.0
  • Community Features: Clubhouse, Gated, Internet Access, Pickleball, Property Manager On-Site, Pool, Sauna, Shuffleboard, Street Lights, Sidewalks, Tennis Court(s)
  • Senior Community: Yes
  • Amenities: Billiard Room, Clubhouse, Library, Management, Pickleball, Pool, Shuffleboard Court, Sauna, Spa/Hot Tub, Tennis Court(s), Bocce Court
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Maintenance Grounds, Recreation Facilities, Security, Trash, Internet

Lot Info

  • Parcel #: 00424420050001200
  • Lot Size Sq Ft: 6600.0
  • Zoning Description: RTS
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2523.0

Multi Family

  • Number Of Units In Community: 221

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 4, 2024
Sold by
Diaz Robert M
Bought by
Diaz Robert M and Eruzione Marissa
Current Estimated Value
$449,133

Purchase Details

Listed on
Sep 4, 2022
Closed on
Nov 16, 2022
Sold by
Coxwell Laurette R
Bought by
Diaz Robert Manuel
Seller's Agent
Robert Kime
Palm Beach Real Estate Team Inc
Buyer's Agent
Flora Robertson
Continental Properties, Inc.
List Price
$480,000
Sold Price
$445,000
Premium/Discount to List
-$35,000
-7.29%
Views
12

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.33%
Original Mortgage
$351,550
Interest Rate
7.08%
Mortgage Type
VA

Purchase Details

Listed on
Oct 3, 2013
Closed on
Nov 15, 2013
Sold by
Koenig Marilyn B
Bought by
Coxwell David C and Coxwell Laurette R
Seller's Agent
Linda Collins
Inactive Member
Buyer's Agent
Deborah Frogel
Coldwell Banker Realty
List Price
$205,000
Sold Price
$200,000
Premium/Discount to List
-$5,000
-2.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.28%
Original Mortgage
$204,300
Interest Rate
3.4%
Mortgage Type
VA

Purchase Details

Closed on
Apr 23, 2013
Sold by
Koenig Marilyn B
Bought by
Koenig Marilyn B

Purchase Details

Closed on
Dec 27, 1994
Sold by
Oriole Homes Corp
Bought by
Koenig Daniel T and Koenig Marilyn B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,500
Interest Rate
9.17%
Source: Public Records

Range of Values:

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Average Value
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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
Diaz Robert M -- None Listed On Document
Diaz Robert M -- None Listed On Document
Diaz Robert Manuel $445,000 Citrus Title Insurance Agency
Coxwell David C $200,000 Attorney
Koenig Marilyn B -- Attorney
Koenig Daniel T $144,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Diaz Robert Manuel $351,550
Previous Owner Coxwell David C $185,000
Previous Owner Coxwell David C $185,000
Previous Owner Coxwell David $268,580
Previous Owner Coxwell David C $204,300
Previous Owner Koenig Marilyn B $102,500
Previous Owner Koenig Daniel T $50,000
Previous Owner Koenig Daniel T $112,026
Previous Owner Koenig Daniel T $115,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2022 11/18/22 Sold $445,000 -3.2% $248 / Sq Ft
10/30/2022 10/30/22 Pending -- -- --
10/14/2022 10/14/22 Price Changed $459,900 -4.2% $257 / Sq Ft
09/04/2022 09/04/22 For Sale $480,000 0.0% $268 / Sq Ft
05/25/2021 05/25/21 For Rent $2,600 0.0% --
05/25/2021 05/25/21 Rented $2,600 0.0% --
11/15/2013 11/15/13 Sold $200,000 -2.4% $81 / Sq Ft
10/16/2013 10/16/13 Pending -- -- --
10/03/2013 10/03/13 For Sale $205,000 -- $83 / 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 $530 $375,439 -- --
2023 $511 $373,699 $90,486 $283,213
2022 $5,642 $304,957 $0 $0
2021 $2,523 $158,147 $0 $0
2020 $2,494 $155,964 $0 $0
2019 $2,461 $152,457 $0 $0
2018 $2,310 $149,614 $0 $0
2017 $2,261 $146,537 $0 $0
2016 $2,257 $143,523 $0 $0
2015 $2,304 $142,525 $0 $0
2014 $2,306 $141,394 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Robert Kime

    Seller's Agent in 2022

    Robert Kime

    Palm Beach Real Estate Team Inc

    (561) 600-7117

    41 in this area

    55 Total Sales

    Robert Kime
    Section Image
  • Flora Robertson

    Buyer's Agent in 2022

    Flora Robertson

    Continental Properties, Inc.

    (561) 906-1610

    1 in this area

    74 Total Sales

    Flora Robertson
    Section Image
  • Edrian Thomidis

    Buyer's Agent in 2021

    Edrian Thomidis

    Reliant Realty ERA Powered

    (305) 301-4400

    1 Total Sale

    Edrian Thomidis
    Section Image

  • L

    Seller's Agent in 2013

    Linda Collins

    Inactive Member

  • D

    Buyer's Agent in 2013

    Deborah Frogel

    Coldwell Banker Realty

    (561) 373-9878

    10 Total Sales

    Deborah Frogel
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10829579

BeachesMLS

APN: 00-42-44-20-05-000-1200

Florida Palm Beach County Lake Worth 33467 Park Ridge

8531 Lake Cypress Rd, Lake Worth, FL

This home is located at 8531 Lake Cypress Rd, Lake Worth, FL 33467 since 04 September 2022 and is currently estimated at $449,133, approximately $250 per square foot. This property was built in 1994. 8531 Lake Cypress Rd is a home located in Palm Beach County with nearby schools including Discovery Key Elementary School, Emerald Cove Middle School, and Palm Beach Central High 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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