$775,000
SOLD MAY 23, 2025

8947 Cypress Grove Ln Royal Palm Beach, FL 33411

4 Beds
3.5 Baths
3,902 Sq Ft
9,920 Sq Ft Lot

Recently Sold

$199 Per Sq Ft

22% Below List Price

319 Days on Market

Highlights

  • Gated Community
  • Wood Flooring
  • Jettted Tub and Separate Shower in Primary Bathroom
  • Everglades Elementary School Rated A-
  • Garden View
  • Cooking Island

About This Home

As of May 2025

Motivated seller, SEND ALL OFFERS This property is meticulously maintained and move-in ready in highly desirable location of Palm Beach, FL. Built 2014 on a corner lot in the quiet gated community of Wellington Estates close to I-95 and the Florida Turnpike, just minutes from the mall and top A rated schools. Bring offers!

Last Agent to Sell the Property

Melissa Lorenzo

Lexan Real Estate, LLC License #0665358 Listed on: 05/30/2024

Last Buyer's Agent

Justin Stempel

LoKation License #3447585

LoKation

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,048

Year Built

  • Built in 2014

Lot Details

  • 9,920 Sq Ft Lot
  • South Facing Home
  • Fenced
  • Property is zoned RTS

HOA Fees

  • $325 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Automatic Garage Door Opener
  • Driveway
  • Paver Block
  • Open Parking

Home Design

  • Tile Roof

Interior Spaces

  • 3,902 Sq Ft Home
  • 2-Story Property
  • Furniture for Sale
  • French Doors
  • Family Room
  • Florida or Dining Combination
  • Garden Views

Kitchen

  • Built-In Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Cooking Island
  • Snack Bar or Counter
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Jettted Tub and Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer

Additional Features

  • Exterior Lighting
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 00424407070000040

Community Details

Overview

  • Dillrun Estates Subdivision
  • Mandatory home owners association

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,048

Year Built

Built in 2014

Lot Details

0

HOA Fees

$325 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 2014
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: DILLRUN ESTATES
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Wall Oven
  • Interior Amenities: First Floor Entry, Cooking Island, French Doors, Pantry, Walk-In Closet(s), Family Room, Utility Room/Laundry
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Flooring: Tile, Wood
  • Furnished: Furniture For Sale, Unfurnished
  • Living Area: 3902
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Primary
  • Bedroom Features: Entry Level
  • Dining Room Features: Florida/Dining Combination, Snack Bar/Counter
  • Living Room Features: Family Room, Utility Room/Laundry
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower, Whirlpool/Spa

Exterior Features

  • Roof: Curved/S-Tile Roof
  • View: Garden, None
  • Exterior Features: Lighting
  • Construction Type: Concrete Block Construction
  • Direction Faces: South
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: DILLRUN ESTATES
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Open Parking: Yes
  • Parking Features: Driveway, Paver Block

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry

Condo/Co-op/Association

  • Association Fee: 325
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Community Features: Gated Community, Mandatory Hoa, Paved Road
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 00424407070000040
  • Lot Size Sq Ft: 9920
  • Zoning: RTS
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 15048

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2024
Closed on
May 20, 2025
Sold by
United Management Group Inc
Bought by
Stempel Justin and Stempel Krystena
Seller's Agent
Melissa Lorenzo
Lexan Real Estate, LLC
Buyer's Agent
Justin Stempel
LoKation
List Price
$995,000
Sold Price
$775,000
Premium/Discount to List
-$220,000
-22.11%
Views
66

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
44.31%
Original Mortgage
$620,000
Outstanding Balance
$617,874
Interest Rate
6.03%
Mortgage Type
New Conventional
Estimated Equity
$216,121

Purchase Details

Closed on
May 2, 2024
Sold by
Ewuyemi Ajibola and Montclaire Estates Community Association
Bought by
United Management Group Inc

Purchase Details

Closed on
Oct 22, 2021
Sold by
Carmichael Nyeema Abeba and Ewuyeni Ajibola
Bought by
Ewuyemi Ajibola

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$547,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 17, 2021
Closed on
May 26, 2021
Sold by
Ailstock Conrad E and Rosenfeld Stephen J
Bought by
Carmichael Nyeema Abeba and Ewuyemi Ajibola
Seller's Agent
Andres Rosas
MMLS Assoc.-Inactive Member
Buyer's Agent
Steven Mas
EXP Realty LLC
Sold Price
$6,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.27%
Original Mortgage
$525,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 4, 2017
Closed on
Jun 16, 2017
Sold by
Egerman Richard Jon and Forester Michelle Nicole
Bought by
Ailstock Conrad E and Ailstock Stephen J
Seller's Agent
Geri Auerbach
Home Sellers Market Inc.
Buyer's Agent
Brett Troskey
YourIgloo Real Estate LLC
List Price
$499,777
Sold Price
$487,500
Premium/Discount to List
-$12,277
-2.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.59%

Purchase Details

Listed on
Sep 15, 2013
Closed on
Apr 10, 2015
Sold by
K Hovnanian Montclaire Estates Llc
Bought by
Egerman Richard Jon and Forester Michelle Nicole
Seller's Agent
Steven Weintraub
Lang Realty - Boynton Beach
Buyer's Agent
Nicholas Arciola
The Ron Rosen Group LLC
List Price
$598,520
Sold Price
$502,546
Premium/Discount to List
-$95,974
-16.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.38%
Original Mortgage
$402,036
Interest Rate
3.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 14, 2013
Sold by
Palm Beach Realvestors Inc
Bought by
K Hovnanian Montclaire Estates Llc

Purchase Details

Closed on
Dec 31, 2007
Sold by
Greyhawk
Bought by
Palm Peach Realvestors Inc
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 Type Sale Price Title Company
Warranty Deed $775,000 Independent Title
Warranty Deed $775,000 Independent Title
Certificate Of Transfer $300,100 --
Quit Claim Deed -- None Available
Warranty Deed $700,000 Attorney
Warranty Deed $487,500 Attorney
Warranty Deed $502,546 Eastern Natl Title Agency Ll
Warranty Deed $1,920,000 Attorney
Quit Claim Deed -- Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $620,000 New Conventional
Closed $620,000 New Conventional
Previous Owner $715,000 New Conventional
Previous Owner $50,000 New Conventional
Previous Owner $547,000 New Conventional
Previous Owner $525,000 New Conventional
Previous Owner $402,036 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2025 05/23/25 Sold $775,000 -8.8% $199 / Sq Ft
04/15/2025 04/15/25 Pending -- -- --
04/01/2025 04/01/25 Price Changed $849,900 -2.9% $218 / Sq Ft
12/17/2024 12/17/24 Price Changed $875,000 -2.7% $224 / Sq Ft
11/23/2024 11/23/24 Price Changed $899,000 -5.3% $230 / Sq Ft
09/23/2024 09/23/24 Price Changed $949,000 -4.6% $243 / Sq Ft
05/30/2024 05/30/24 For Sale $995,000 0.0% $255 / Sq Ft
07/15/2021 07/15/21 Rented $6,500 0.0% --
07/05/2021 07/05/21 Under Contract -- -- --
06/23/2021 06/23/21 Price Changed $6,500 +3.2% $2 / Sq Ft
06/17/2021 06/17/21 For Rent $6,300 0.0% --
05/27/2021 05/27/21 Sold $700,000 -3.4% $179 / Sq Ft
04/27/2021 04/27/21 Pending -- -- --
04/03/2021 04/03/21 For Sale $724,900 +48.7% $186 / Sq Ft
06/16/2017 06/16/17 Sold $487,500 -2.5% $125 / Sq Ft
05/17/2017 05/17/17 Pending -- -- --
04/04/2017 04/04/17 For Sale $499,777 -0.6% $128 / Sq Ft
04/10/2015 04/10/15 Sold $502,546 -16.0% $131 / Sq Ft
03/11/2015 03/11/15 Pending -- -- --
09/15/2013 09/15/13 For Sale $598,520 -- $156 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $14,040 $829,595 -- --
2023 $15,048 $812,593 $221,371 $775,009
2022 $12,954 $738,721 $0 $0
2021 $5,945 $354,775 $0 $0
2020 $5,901 $349,877 $0 $0
2019 $5,832 $342,011 $0 $0
2018 $5,515 $335,634 $0 $0
2017 $8,956 $489,497 $118,296 $371,201
2016 $8,665 $460,428 $0 $0
2015 $9,169 $455,229 $0 $0
2014 $749 $37,470 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11598052

MIAMI REALTORS® MLS

APN: 00-42-44-07-07-000-0040