$499,200
- 3 Beds
- 2 Baths
- 2,149 sqft
1197 Cypress Trace Dr, Melbourne, FL 32940
Est. Refi. Payment $3,280/mo*
Refinance Your HomeCurrently Off Market - Sold Oct 6, 2015 for $260,000
Home Value
Trulia Estimate
$499KSince last month
Decreased$1K (-0.3%)Since last year
Increased$2K (+0.3%)Since last sale
Increased$239K (+92%)Learn more about this home's value by checking out its Trulia Estimate and the value of nearby homes.
Trulia Estimate
The of this home's value increased by +78% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $499K |
| August 2026 | $497K |
| July 2026 | $501K |
| June 2026 | $497K |
| May 2026 | $497K |
| April 2026 | $502K |
| March 2026 | $500K |
| February 2026 | $498K |
| January 2026 | $486K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.02 | $541,600 | 3 | 2 | 1,957 | Off Market | |
0.03 | $579,300 | 3 | 2 | 2,522 | Off Market | |
0.05 | $555,300 | 3 | 2 | 1,960 | Off Market | |
0.06 | $484,000 | 3 | 2 | 1,802 | Off Market | |
0.07 | $548,500 | 3 | 2 | 2,585 | Off Market | |
0.07 | $556,100 | 3 | 2.5 | 1,906 | Off Market | |
0.02 | $564,700 | 3 | 2 | 2,232 | Off Market | |
0.03 | $490,000 | 4 | 2 | 2,247 | Recently Sold | |
0.05 | $616,400 | 3 | 2.5 | 2,436 | Off Market | |
0.06 | $669,900 | 3 | 2 | 2,275 | Off Market | |
0.07 | $618,900 | 4 | 2 | 2,371 | Off Market | |
0.08 | $591,300 | 4 | 3 | 2,640 | Off Market |
Local Information
-- mins to
Home Highlights
Single-Family Home
Built in 1992
2,149 sqft
$232/sqft
Garage
About this House
This single-family home is located at 1197 Cypress Trace Dr, Melbourne, FL. 1197 Cypress Trace Dr is in Melbourne, FL and in ZIP code 32940. This property has 3 bedrooms, 2 bathrooms and approximately 2,149 sqft of floor space. This property has a lot size of 9583 sqft and was built in 1992.
1197 Cypress Trace Dr, Melbourne, FL 32940 is a 3 bedroom, 2 bathroom, 2,149 sqft single-family home built in 1992. It last sold for $260,000 on Oct 6, 2015. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $499,200, with a rent estimate of $2,824/month.
Home Details for 1197 Cypress Trace Dr
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Heating & Cooling Heating: Forced Air, GasAir ConditioningCooling System: Central, SolarHeating Fuel: Forced Air |
Levels, Entrance, & Accessibility Stories: 1Floors: Tile |
Interior Details Number of Rooms: 6Types of Rooms: Walk In Closet, Breakfast Nook, Dining Room, Family Room, Laundry Room, Master Bath, Office, Pantry, Recreation Room, Solarium AtriumCeiling Fan |
Appliances & Utilities Cable ReadyDishwasherDisposalDryerMicrowaveRefrigeratorWasher |
Fireplace & Spa Hot Tub or SpaJetted Bath Tub |
Windows, Doors, Floors & Walls Double Paned Windows |
Security Security System |
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Exterior Home Features Roof: AsphaltDeckExterior: StuccoLawnPatioSprinkler System |
Parking & Garage GarageParking: Garage Attached |
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Year Built Year Built: 1992Year Updated: 2019 |
Property Type / Style Property Type: Single Family HomeArchitecture: Contemporary |
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Units in Building: 1 |
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Lot Area: 9583 sqft |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Oct 6, 2015 Source: Space Coast AOR #732666 | Sold | $260,000 |
Aug 21, 2015 Source: Agent Provided | Pending | $259,900 |
Aug 21, 2015 Source: Agent Provided | Listed For Sale | $259,900 |
Jun 28, 2012 Source: Agent Provided | ListingRemoved | $250,000 |
May 18, 2012 Source: Agent Provided | Listed For Sale | $250,000 |
Mar 5, 2012 Source: Space Coast AOR #619313 | Sold | $243,500 |
Nov 5, 2011 Source: Agent Provided | PriceChange | $250,000 Price increased by 0% |
Aug 9, 2011 Source: Agent Provided | PriceChange | $249,900 Price decreased by 6% |
Jul 6, 2011 Source: Agent Provided | Listed For Sale | $265,000 |
May 27, 2011 Source: Agent Provided | ListingRemoved | $265,000 |
Jan 31, 2011 Source: Agent Provided | PriceChange | $265,000 Price decreased by 1% |
Dec 11, 2010 Source: Agent Provided | PriceChange | $269,000 Price decreased by 4% |
Oct 17, 2010 Source: Agent Provided | PriceChange | $279,000 Price increased by 3% |
Aug 21, 2010 Source: Agent Provided | Listed For Sale | $269,900 |
Jul 2, 2010 Source: Agent Provided | ListingRemoved | $269,900 |
Mar 5, 2010 Source: Agent Provided | PriceChange | $269,900 Price increased by 4% |
Feb 20, 2010 Source: Agent Provided | PriceChange | $259,900 Price decreased by 4% |
Feb 6, 2010 Source: Agent Provided | PriceChange | $269,900 Price decreased by 3% |
Nov 8, 2009 Source: Agent Provided | PriceChange | $279,000 Price increased by 3% |
Jun 13, 2009 Source: Agent Provided | Listed For Sale | $269,900 |
Apr 5, 2007 Source: N/A | Sold | $310,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $3,320 | $438,040 |
Home facts updated by county records
Market trends in Melbourne
Last updated July 2026
Avg. sale price
$367K
$4.33KMoM
Sale-to-List Price
97.7%
0.2%MoM
Price per sq ft
$222
$1MoM
Available listings
775
58MoM
Around this home
What Locals Say about Melbourne
At least 923 Trulia users voted on each feature.
88 % Say car is needed
88 % Say it's dog friendly
83 % Say parking is easy
74 % Say yards are well-kept
74 % Say there are sidewalks
72 % Say there's holiday spirit
69 % Say it's quiet
65 % Say people would walk alone at night
61 % Say kids play outside
58 % Say streets are well-lit
53 % Say neighbors are friendly
50 % Say there's wildlife
49 % Say they plan to stay for at least 5 years
43 % Say it's walkable to grocery stores
40 % Say it's walkable to restaurants
27 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 1197 Cypress Trace Dr
- What is 1197 Cypress Trace Dr estimated to be worth?Trulia's estimated value for 1197 Cypress Trace Dr in Melbourne, FL is $499,200.
- What is the price history for 1197 Cypress Trace Dr?1197 Cypress Trace Dr in Melbourne, FL last sold for $260,000 in October 2015.
- Is Melbourne a buyer's or seller's market?Melbourne is currently a balanced market, based on recent for-sale activity.
- What's the median sale price in Melbourne?The median sale price in Melbourne is $367K. That is up $4.33K from the prior month.
- Does 1197 Cypress Trace Dr have air conditioning?Yes, 1197 Cypress Trace Dr in Melbourne, FL has air conditioning.
- Does 1197 Cypress Trace Dr have laundry facilities?Yes, 1197 Cypress Trace Dr in Melbourne, FL has in-unit laundry.

