See Home Value
$648,800*
House - Off Market

8540 Lake Cypress Road

Lake Worth, FL 33467
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2435 Sqft
$584,000 - $712,000
Reference Base Price*
0.00%
Since Dec 1, 2023
National-US
Primary Model
Sold Nov 09, 2023
$610,000
Sold Aug 15, 2023
$395,000
$237,000 by Bet-ter Holdings Llc
Mortgage

About This Property

Imagine a picturesque three-bedroom, two-bathroom house nestled within the serene confines of a gated community This stunning residence boasts  incredible open views of a beautiful lake, creating a tranquil atmosphere. Inside, this fully renovated house is a combination of waterfall quartz countertops, custom cabinets, and high-end  black stainless appliances which transforms this kitchen into a culinary sanctuary that blends contemporary design with practicality, making it the heart of the home for cooking and entertaining alike. The second island is for the wet bar area featuring a wine cooler and all the extras anybody who enjoys entertaining would love. The master bedroom is a true retreat, featuring an exquisite wet room bathroom.

The manager has listed the unit size as 2435 square feet.
Unit Size
2,435Ft²
Days on Market
-
Land Size
-
Price per sqft
$266
Property Type
House
Property Taxes
$473
HOA Dues
$610
Year Built
1993

Price History

Date / Event Date Event Price
Nov 9, 2023 Sold to Giuseppe Gambino $610,000
Sold to Giuseppe Gambino
Nov 4, 2023 No longer available -
No longer available
Oct 24, 2023 Relisted $675,000
Relisted
Oct 24, 2023 Price Decreased $648,800
↓ $26K (3.9%)
Price Decreased
Oct 24, 2023 No longer available -
No longer available
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Wood truss
  • Roof Cover Type: Concrete
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Tile
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 462
  • Parking Space Count: 2
  • Patio Type: Patio - screened
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 7,074
  • Total Building Area: 2,545
  • Gross Building Area: 2,545
  • Building Area: 2,051
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,051
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CYPRESS WOODS
  • Land Acres: 0.162
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CYPRESS WOODS 2 LT 78

Ownership

  • Current Owner : GAMBINO GIUSEPPE
  • Previous Owner : RESERVE FLORIDA VENTURES LLC
  • Owner Before Previous Owner: GOLEX PROPERTIES LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Revocable Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Palm Beach County School District
  • Census Tract: 007764

Zoning

  • Zoning: RTS

Geography

  • Assessors Map Reference: 235
  • Parcel: 00-42-44-20-05-000-0780
  • Lot: 78
  • Meridian: SEC 20 TWN 44S RNG 42E
  • Municipality: UNINCORPORATED
  • Latitude: 26.6225
  • Longitude: -80.1805

    Address

  • Full Address: 8540 Lake Cypress Rd
  • Address - House Number: 8540
  • Address - Street Name: Lake Cypress
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Lake Worth
  • Carrier Code: R023
  • 4-Digit Zip Code: 2454
  • Zip Code: 33467

Valuation

    Tax

  • Total Area: 2,268
  • Tax Year: 2023
  • Tax Amount: $6,246
  • Tax Rate Code Area: 206

    Appraisal Valuation

  • Standard Deviation: 0.191
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 582,638
  • High Value: 693,980
  • Low Value: 471,297

    Market Valuation

  • Market Total Value: $394,287
  • Market Land Value: $103,855
  • Market Improvement Value: $290,432

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $320,165

    Sales

  • Current Sale Contract Date: Nov 03, 2023
  • Current Sale Recording Date: Nov 09, 2023
  • Current Sale Transaction ID: 11916327426
  • Current Sale Price: $610,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 384722
  • Previous Sale Recording Date: Aug 15, 2023
  • Previous Sale Contract Date: Jul 21, 2023
  • Previous Sale Amount: $395,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: BET-TER HOLDINGS LLC
  • Previous Mortgage Transaction Date: Aug 15, 2023
  • Previous Mortgage Loan Amount: $237,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2.5 Baths
2,049 ft²
$312/ft²
$639,990 Sep 23, 2023
-
$819/mo
House
3 Beds
2 Baths
2,319 ft²
$231/ft²
$535,000 Aug 4, 2023
-
$994/mo
House
4 Beds
3 Baths
2,277 ft²
$292/ft²
$665,000 Oct 7, 2023
-
$969/mo
Townhouse
3 Beds
2.5 Baths
1,909 ft²
$304/ft²
$580,000 Sep 18, 2023
-
$731/mo
Townhouse
3 Beds
2.5 Baths
1,906 ft²
$294/ft²
$560,000 Sep 1, 2023
-
$835/mo
Townhouse
3 Beds
2.5 Baths
1,896 ft²
$294/ft²
$557,000 Oct 19, 2023
-
$747/mo
Townhouse
3 Beds
3 Baths
1,908 ft²
$294/ft²
$560,000 Oct 16, 2023
-
$734/mo
Townhouse
4 Beds
2.5 Baths
2,450 ft²
$286/ft²
$699,999 Oct 14, 2023
-
$978/mo
Townhouse
2 Beds
2 Baths
1,667 ft²
$320/ft²
$534,000 Oct 4, 2023
-
$986/mo
Condo
2 Beds
2 Baths
1,680 ft²
$321/ft²
$539,000 Aug 4, 2023
-
$878/mo
Townhouse
2 Beds
2 Baths
1,526 ft²
$347/ft²
$530,000 Oct 13, 2023
-
$1,033/mo

About Cypress Woods


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Frequently Asked Questions

When was property at 8540 Lake Cypress Road built and last sold?
The property at 8540 Lake Cypress Road was built in 1993 and last sold on Nov 3, 2023 for $610,000.
How much is this home worth?
The estimated value of the home located at 8540 Lake Cypress Road is $681,394.
What are some comparable homes to 8540 Lake Cypress Road?
Homes that are comparable to 8540 Lake Cypress Road include a house property at 8811 Sandy Creek Way, 8461 Lake Cypress Road, 9002 Gulf Cove Drive.

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