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1188 Cypress Trace Drive

1188 Cypress Trace Drive, Melbourne, FL 32940
Sold Nov 25, 2020
$387,000
$387,000 by Navy Fcu
Mortgage Due Dec 01, 2050
Sold Oct 31, 1996
$160,000
$26,400 by Chase Manhattan Mtg Corp
Mortgage
1188 Cypress Trace Drive has been categorized by the local assessors in Melbourne, FL as a residential type of property. The building on the property was first built in 1990 and is 34 years old. However, we must point out that the home was most recently renovated and altered in 2006. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1188 Cypress Trace Drive has 2,016 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,200 ft and across the front of the lot is 800 ft. The area measurement of the land has been determined as 9,583 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 441 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a unknown and a unknown. Love to swim? You'll be excited to find out that there is a pool on the property. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with masonry control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The building has a gable or hip style roof made of asphalt. The exterior walls of the building are made of stucco. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1188 Cypress Trace Drive sold most recently in Nov 18, 2020 for a total of $387,000. If you work out the math, that's approximately a cost of $135.36 per sqft. Before that, the property was also sold for $160,000 in Oct 24, 1996. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $3,676 in taxes each year. 1188 Cypress Trace Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $303,320. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Block Exterior

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 2006
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Quality: B
  • Construction Type: Masonry
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 441
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 9,583
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 800
  • Total Building Area: 2,859
  • Gross Building Area: 2,859
  • Building Area: 2,016
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,016
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CYPRESS TRACE SUNTREE PUD STAGE 4
  • Land Acres: 0.22
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CYPRESS TRACE SUNTREE PUD STAGE 4 32 & 73 LOT 96

Ownership

  • Current Owner : DOWLING SETH B
  • Current Owner 2: DOWLING ELIZABETH
  • Previous Owner : MAROONEY RICHARD
  • Previous Owner 2: RICHARD MAROONEY TRUST
  • Owner Before Previous Owner: HILL ELIZABETH GRIMES
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 064128

Zoning

  • Zoning: PUD

Geography

  • Assessors Map Reference: 245B
  • Account Number: 2604501
  • Parcel: 26-36-23-OH-00000.0-0096.00
  • Lot: 96
  • Meridian: SEC 23 TWN 26S RNG 36E
  • Municipality: UNINCORP DISTRICT 4
  • Latitude: 28.2131
  • Longitude: -80.6973

    Address

  • Full Address: 1188 Cypress Trace Dr
  • Address - House Number: 1188
  • Address - Street Name: Cypress Trace
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Melbourne
  • Carrier Code: R024
  • 4-Digit Zip Code: 1619
  • Zip Code: 32940

Valuation

    Tax

  • Total Area: 2,526
  • Tax Year: 2022
  • Tax Amount: $3,676
  • Tax Rate Code Area: 4200

    Appraisal Valuation

  • Standard Deviation: 0.1927
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 74
  • Final Value: 586,066
  • High Value: 699,043
  • Low Value: 473,090

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $647,000
  • First Open Lien Mortgage Lender: NAVY FCU
  • First Open Lien Mortgage Recording Date: Nov 25, 2020
  • First Open Lien Mortgage Loan Amount: $387,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2050
  • Second Open Lien Mortgage Lender: NAVY FEDERAL CREDIT UNION
  • Second Open Lien Mortgage Recording Date: Feb 10, 2023
  • Second Open Lien Mortgage Loan Amount: $260,000
  • Second Open Lien Mortgage Term: 479
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Feb 01, 2063

    Market Valuation

  • Market Total Value: $427,140

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $303,320

    Exemptions

  • Veteran Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 18, 2020
  • Current Sale Recording Date: Nov 25, 2020
  • Current Sale Transaction ID: 11803718394
  • Current Sale Price: $387,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020264899
  • Previous Sale Recording Date: Oct 31, 1996
  • Previous Sale Contract Date: Oct 24, 1996
  • Previous Sale Amount: $160,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NAVY FCU
  • First Mortgage Transaction Date: Nov 25, 2020
  • First Mortgage Loan Amount: $387,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Dec 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: CHASE MANHATTAN MTG CORP
  • Previous Mortgage Transaction Date: Oct 31, 1996
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $26,400

About Cypress Trace



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Frequently Asked Questions

What neighborhood is 1188 Cypress Trace Drive located in?
The 1188 Cypress Trace Drive is a house located in the neighborhood of Cypress Trace in Cypress Trace, Melbourne.
What is the average sales price for listings in 1188 Cypress Trace Drive?
The average sales price for units in 1188 Cypress Trace Drive is $389,000 , or $193/sqft. currently.

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