$433,700
- 4 Beds
- 2 Baths
- 1,764 sqft
1228 Cypress Trace Dr, Melbourne, FL 32940
Est. Refi. Payment $2,896/mo*
Refinance Your HomeCurrently Off Market - Sold Feb 1, 1999 for $145,000
Home Value
Trulia Estimate
$434KSince last month
Decreased$4K (-0.8%)Since last year
Decreased$2K (-0.5%)Since last sale
Increased$289K (+199.2%)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 +74% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $434K |
| August 2026 | $434K |
| July 2026 | $437K |
| June 2026 | $437K |
| May 2026 | $435K |
| April 2026 | $440K |
| March 2026 | $436K |
| February 2026 | $434K |
| January 2026 | $428K |
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 | $486,600 | 3 | 2 | 1,931 | Off Market | |
0.25 | $524,600 | 3 | 2 | 1,804 | Off Market | |
0.11 | $522,500 | 2 | 2 | 1,861 | Off Market | |
0.09 | $442,000 | 3 | 2.5 | 1,969 | Off Market | |
0.18 | $431,300 | 4 | 3 | 2,475 | Off Market | |
0.19 | $805,000 | 4 | 3.5 | 2,867 | Off Market | |
0.02 | $547,700 | 3 | 2 | 2,209 | Off Market | |
0.03 | $411,100 | 3 | 2 | 1,588 | Off Market | |
0.05 | $587,500 | 4 | 2 | 2,036 | Off Market | |
0.06 | $422,400 | 3 | 2 | 1,673 | Off Market | |
0.08 | $406,800 | 3 | 2 | 1,628 | Off Market | |
0.09 | $555,000 | 4 | 2 | 2,213 | Recently Sold |
Local Information
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Home Highlights
Single-Family Home
Built in 1989
1,764 sqft
$246/sqft
Garage
About this House
This single-family home is located at 1228 Cypress Trace Dr, Melbourne, FL. 1228 Cypress Trace Dr is in Melbourne, FL and in ZIP code 32940. This property has 4 bedrooms, 2 bathrooms and approximately 1,764 sqft of floor space. This property has a lot size of 10018 sqft and was built in 1989.
1228 Cypress Trace Dr, Melbourne, FL 32940 is a 4 bedroom, 2 bathroom, 1,764 sqft single-family home built in 1989. It last sold for $145,000 on Feb 1, 1999. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $433,700, with a rent estimate of $2,525/month.
Home Details for 1228 Cypress Trace Dr
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Levels, Entrance, & Accessibility Stories: 1 |
Interior Details Number of Rooms: 6 |
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Exterior Home Features Roof: AsphaltExterior: StuccoPatio |
Parking & Garage GarageParking: Garage Attached |
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Year Built Year Built: 1989Year Updated: 2004 |
Property Type / Style Property Type: Single Family Home |
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Units in Building: 1 |
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Lot Area: 10018 sqft |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Feb 1, 1999 Source: N/A | Sold | $145,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $2,441 | $395,110 |
Home facts updated by county records
Market trends in Melbourne
Last updated August 2026
Avg. sale price
$371K
$3.17KMoM
Sale-to-List Price
97.9%
0.1%MoM
Price per sq ft
$221
$1MoM
Available listings
783
4MoM
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 1228 Cypress Trace Dr
- What is 1228 Cypress Trace Dr estimated to be worth?Trulia's estimated value for 1228 Cypress Trace Dr in Melbourne, FL is $433,700.
- What is the price history for 1228 Cypress Trace Dr?1228 Cypress Trace Dr in Melbourne, FL last sold for $145,000 in February 1999.
- 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 $371K. That is up $3.17K from the prior month.
- How big is the lot at 1228 Cypress Trace Dr?The lot at 1228 Cypress Trace Dr in Melbourne, FL is about 0.23 acres (10,018 sq ft).
- Does 1228 Cypress Trace Dr have a garage?Yes, 1228 Cypress Trace Dr in Melbourne, FL has a garage.