$583,300
- 4 Beds
- 2 Baths
- 3,061 sqft (on 0.38 acres)
1407 Cypress Trace Dr, Melbourne, FL 32940
Est. Refi. Payment $3,876/mo*
Refinance Your HomeCurrently Off Market - Sold Dec 28, 2015 for $280,000
Home Value
Trulia Estimate
$583KSince last month
Increased$700 (+0.1%)Since last year
Increased$13K (+2.3%)Since last sale
Increased$304K (+108.6%)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 +92% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $584K |
| August 2026 | $583K |
| July 2026 | $585K |
| June 2026 | $576K |
| May 2026 | $571K |
| April 2026 | $573K |
| March 2026 | $572K |
| February 2026 | $567K |
| January 2026 | $556K |
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 |
|---|---|---|---|---|---|---|
0.07 | $490,400 | 3 | 2 | 1,653 | Off Market | |
0.08 | $442,200 | 3 | 2 | 1,805 | Off Market | |
0.10 | $601,300 | 3 | 2 | 2,575 | Off Market | |
0.15 | $507,600 | 3 | 2 | 1 | Off Market | |
0.17 | $550,100 | 3 | 2 | 1,862 | Off Market | |
0.19 | $587,000 | 3 | 2 | 1,907 | Off Market | |
0.02 | $648,700 | 4 | 3 | 2,698 | Off Market | |
0.03 | $564,000 | 3 | 2 | 2,311 | Off Market | |
0.05 | $551,200 | 3 | 2 | 2,743 | Off Market | |
0.06 | $633,500 | 4 | 3 | 3,090 | Off Market | |
0.08 | $492,400 | 3 | 2 | 1,893 | Off Market | |
0.09 | $385,500 | 3 | 2 | 1,564 | Off Market |
Local Information
-- mins to
Home Highlights
Single-Family Home
Built in 1990
0.38 acre lot
3,061 sqft
$191/sqft
Garage
About this House
PRICED TO SELL. BEAUTIFUL LAKE VIEWS from Pool area of this 4 bedroom home. Home has a large Florida Room on back....Great for Entertaining. Formal Living and Dining plus Family Room. Large Lot. Lawn has Reclaimed water for sprinkler Systems. Termite Bond with Terminex. Gas water heater, Pool is heated and was resurfaced in past 4 years. Lots of room in this home to entertain. SQ FT IS REALLY 462 SQ FT MORE THAN TAX ROLL REFLECTS.
1407 Cypress Trace Dr, Melbourne, FL 32940 is a 4 bedroom, 2 bathroom, 3,061 sqft single-family home built in 1990. It last sold for $280,000 on Dec 28, 2015. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $583,300, with a rent estimate of $4,053/month.
Home Details for 1407 Cypress Trace Dr
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Levels, Entrance, & Accessibility Stories: 1Floors: Tile, Hardwood |
Interior Details Number of Rooms: 11Types of Rooms: Walk In Closet, Breakfast Nook, Dining Room, Family Room, Laundry Room, Library, Master Bath, Pantry, Recreation Room, Sun RoomCeiling Fan |
Appliances & Utilities Cable ReadyDishwasherDisposalDryerMicrowaveRefrigeratorWasher |
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Exterior Home Features Roof: AsphaltDeckExterior: Stucco, Wood ProductsGardenLawnPatioSprinkler System |
Pool Pool |
Parking & Garage GarageParking: Garage Attached |
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Year Built Year Built: 1990Year Updated: 2004 |
Property Type / Style Property Type: Single Family Home |
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Units in Building: 1 |
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Lot Area: 0.38 acres |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Dec 28, 2015 Source: Space Coast AOR #738750 | Sold | $280,000 |
Nov 14, 2015 Source: Agent Provided | Pending | $280,000 |
Nov 10, 2015 Source: Agent Provided | PriceChange | $280,000 Price decreased by 7% |
Nov 2, 2015 Source: Agent Provided | PriceChange | $300,000 Price decreased by 8% |
Nov 1, 2015 Source: Agent Provided | Listed For Sale | $324,900 |
Jul 14, 2003 Source: N/A | Sold | $300,000 |
May 1, 2002 Source: N/A | Sold | $260,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $4,554 | $476,490 |
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 1407 Cypress Trace Dr
- What is 1407 Cypress Trace Dr estimated to be worth?Trulia's estimated value for 1407 Cypress Trace Dr in Melbourne, FL is $583,300.
- What is the price history for 1407 Cypress Trace Dr?1407 Cypress Trace Dr in Melbourne, FL last sold for $280,000 in December 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 $371K. That is up $3.17K from the prior month.
- Does 1407 Cypress Trace Dr have a pool?Yes, 1407 Cypress Trace Dr in Melbourne, FL has a pool.
- Does 1407 Cypress Trace Dr have laundry facilities?Yes, 1407 Cypress Trace Dr in Melbourne, FL has in-unit laundry.

