1471 Cypress Trace Dr
Melbourne, FL 32940
3 bd 2 ba 2,477 sqft Built 1991 Lot 9,583 sqft single_family
Most recent sale
$725,000
Oct 14, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 25, 2025 | Sold | $680,000 | SpaceCoast |
| Oct 14, 2022 | Sold | $725,000 | MLS #944776 |
| Sep 4, 2022 | Listed | $725,000 | MLS #944776 |
| Jun 15, 2021 | Sold | $493,000 | MLS #902681 |
| Apr 1, 1991 | Sold | $53,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2023 | $428,410 | $126,500 | $554,910 | $7,037 |
| 2022 | $340,350 | $143,000 | $483,350 | $6,359 |
| 2021 | — | — | $209,090 | $2,861 |
| 2020 | — | — | $206,210 | $2,789 |
| 2019 | — | — | $201,580 | $2,738 |
| 2018 | — | — | $197,830 | $2,742 |
| 2017 | — | — | $193,770 | $2,764 |
| 2016 | — | — | $189,790 | $2,810 |
| 2015 | — | — | $188,480 | $2,893 |
| 2014 | — | — | $186,990 | $2,913 |
| 2013 | — | — | $184,230 | $2,933 |
| 2012 | — | — | $181,150 | $2,511 |
| 2011 | — | — | $187,380 | $2,623 |
| 2010 | — | — | $192,690 | $2,502 |
| 2009 | — | — | $203,390 | $2,530 |
| 2008 | — | — | $203,190 | $2,531 |
Property facts
Year built
1991
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
2,477 sqft
Lot size
9,583 sqft
ZIP code
32940
City
Melbourne
Street
Cypress Trace Dr
Coordinates
28.21439, -80.70061
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$4,582
Gross rental yield
7.58%
Implied cap rate
4.93%
Trend-extrapolated value
—
Frequently asked questions
When did 1471 Cypress Trace Dr last sell?
1471 Cypress Trace Dr most recently sold on Oct 14, 2022 for $725,000.
What is the current tax assessment for 1471 Cypress Trace Dr?
The most recent total assessment for 1471 Cypress Trace Dr (year 2023) is $554,910 with $7,037 in property tax.
How does 1471 Cypress Trace Dr's assessment compare to its last sale price?
The current assessment is 23.5% below the last sale price of $725,000.
When was 1471 Cypress Trace Dr built?
1471 Cypress Trace Dr was built in 1991.
How does 1471 Cypress Trace Dr compare to others on Cypress Trace Dr?
We track 8 other properties on Cypress Trace Dr. Browse the list under "Other properties on Cypress Trace Dr" to compare beds, baths, and sale history.
What are the property facts for 1471 Cypress Trace Dr?
1471 Cypress Trace Dr is a 3 bed, 2 bath, 2,477 sqft, 9,583 sqft lot single_family.
Is 1471 Cypress Trace Dr a flip candidate?
Yes — 1471 Cypress Trace Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1471 Cypress Trace Dr a tax-appeal candidate?
No — 1471 Cypress Trace Dr is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.9%
Implied 1-yr
+3.6%
2026 Q3
$537.5K
2026 Q4
$542.1K
ZIP 32940 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Cypress Trace Dr