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1261 Cypress Trace Dr, Melbourne, FL, 32940

$650,000

Home List Price

$7,719*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
2,119 SqFt
$307/SqFt
House
Schools Nearby

Location

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1261 Cypress Trace Dr, Melbourne$650,000

Buyer Closing Credits

$7,719*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingCircular Driveway, Garage, Garage Door Opener
Garage2 spaces
Year Built1989
HeatingCentral
CoolingCentral Air
WaterfrontLake Front
FireplaceWood Burning
ViewLake, Pool
Private PoolYes
MLS #1007086
Lot Size0.34 Acres
StatusActive

About 1261 Cypress Trace Dr

The Cypress Trace subdivision in Suntree is known for its picturesque surroundings and tranquil atmosphere. As you approach the house, you're greeted by a well-manicured lawn and lush landscaping, which gives this property the perfect curb appeal. This home truly encompasses the ease of ownership. It has a 2-car garage, 2017 roof, 2018 A/C system, 2024 hot water heater, brand new kitchen cabinets, brand new epoxy garage floor, brand new carpet, brand new screen on pool enclosure, etc. The home also features a beautiful pool with a lake view, which makes for pure relaxation. Additionally, this location is also known for its schools. The schools in this area are known to be among the highest rated schools in the county. This home is absolutely gorgeous and is not one you want to miss. Come see this amazing home in Suntree.

Property Details

Property Features

Property Information:

  • Year Built: 1989
  • Stories: 1
  • Living Area: 2,119 SqFt

Listing Office:

  • Office Name: Keller Williams Realty Brevard
  • Office Phone: (321) 259-1170
  • Listing Agent: Brandon Albrecht

Interior Features

Interior Information:

  • Appliances: Convection Oven, Dishwasher, Disposal, Electric Cooktop, Electric Oven, Gas Water Heater, Microwave, Refrigerator
  • Flooring Type: Carpet, Tile, Wood
  • Interior: Breakfast Nook, Ceiling Fan(s), His and Hers Closets, Kitchen Island, Open Floorplan, Pantry, Primary Bathroom -Tub with Separate Shower
  • Fireplace: Wood Burning

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: Lake Front
  • View: Lake, Pool
  • Exterior: Storm Windows

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Circular Driveway, Garage, Garage Door Opener

Virtual/3D Tour

  • Virtual Tour: 1261 Cypress Trace Dr

Virtual Tour

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.34 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Viera High School, Public District Grades PK-12
  • DeLaura Middle School, Public District Grades 7-8
  • Suntree Elementary School, Public District Grades KG-6

Other

Directions Information:

  • Directions: Off of Wickham or St. Andrews road, turn into Cypress Trace subdivision, left onto Cypress Trace Dr, home will be on the right hand side.

Price Information

Listing Price Info

Price Summary:

  • List Price: $650,000
  • Price Per SqFt: $307/SqFt

HOA Fees:

  • Amount: $240
  • Frequency: Annually

Tax Information:

  • Annual Amount: $2,525
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Melbourne, FL.

Med. Sold Price

$408.7K

Med. Price/SqFt

$234

Avg. Days On Market

46

# of Sold Homes

285

1261 Cypress Trace Dr vs Melbourne

57 DAYS ON ROCKET

+11 Days

$650,000

+$241.2K More

$307/SqFt

+$73 More

KEY TAKEAWAY

This property is $241.2K more than the Median Sold Price and $73/SqFt more than other homes in Melbourne, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Space Coast MLS (Space Coast Association of REALTORS®)
  • MLS Number: #1007086

Listing Office:

  • Office Name: Keller Williams Realty Brevard
  • Office Phone: (321) 259-1170
  • Listing Agent: Brandon Albrecht

IDX Copyright © 2024 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Space Coast Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/4/2024, 11:20:40 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 02, 2003Home Sold
$233,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,525$190,440
2019$2,475$186,160
2018$2,494$182,690
2017$2,494$178,940

History based on county public records data.

Payment Calculator

$3,332

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,015

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-5906970
10
/10
  • Suntree Elementary School

  • 900 Jordan Blass Dr

  • 1.18 miles

  • Public District Grades KG-6

Middle School

school-card-donut-5906971
7
/10
  • DeLaura Middle School

  • 300 Jackson Ave

  • 6.51 miles

  • Public District Grades 7-8

High School

school-card-donut-5906972
7
/10
  • Viera High School

  • 6103 Stadium Pkwy

  • 3.44 miles

  • Public District Grades PK-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $92,290. Typical income of Melbourne, FL residents is between $35k-100k annually. Residents typically live in married, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1261 Cypress Trace Dr

What is the listing price of this property?

The listing price of 1261 Cypress Trace Dr property is $650,000.

What type of property is this?

The property 1261 Cypress Trace Dr is a house located in Melbourne, Florida, 32940.

Is this property for sale now?

Active Listing: 1261 Cypress Trace Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1261 Cypress Trace Dr are:
Suntree Elementary School: GreatSchools Rating 10/10
DeLaura Middle School: GreatSchools Rating 7/10
Viera High School: GreatSchools Rating 7/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,525 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on May 2, 2003 for $233,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1261 Cypress Trace Dr has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 1261 Cypress Trace Dr is 2,119 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1261 Cypress Trace Dr is 1989.

Rocket HomesFloridaBrevard CountyMelbourne329401261 Cypress Trace Dr

This home is located at 1261 Cypress Trace Dr in Melbourne, FL and zip code 32940 in the Cypress Trace neighborhood. This 2,119 square foot home, which was built in 1989, sits on a 0.34 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 07, 2024 and is currently priced at $650,000.

In April 2024 more than 27 listings in Melbourne, FL were sold above the asking price. During the same period more than 76 listings were sold at asking price, while more than 182 were sold below. The inventory of homes for sale in Melbourne, FL between March 2024 and April 2024 increased by 6.4%. While the average time on the market in April 2024 was 46 days, the median list price was $408,732.

From Rocket Homes Real Estate and based on county public records data.

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