$600,700
- 3 Beds
- 2 Baths
- 2,249 sqft
1487 Cypress Trace Dr, Melbourne, FL 32940
Est. Refi. Payment $3,986/mo*
Refinance Your HomeCurrently Off Market - Sold Aug 31, 2020 for $333,000
Home Value
Trulia Estimate
$601KSince last month
Increased$400 (+0.1%)Since last year
Increased$15K (+2.5%)Since last sale
Increased$268K (+80.5%)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 +82% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $601K |
| August 2026 | $601K |
| July 2026 | $601K |
| June 2026 | $598K |
| May 2026 | $596K |
| April 2026 | $601K |
| March 2026 | $600K |
| February 2026 | $597K |
| January 2026 | $585K |
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 | $490,800 | 3 | 2 | 2,131 | Off Market | |
0.03 | $587,100 | 4 | 2.5 | 2,216 | Off Market | |
0.05 | $538,900 | 4 | 2 | 2,356 | Off Market | |
0.08 | $646,700 | 3 | 2 | 2,347 | Off Market | |
0.10 | $492,600 | 3 | 2 | 2,226 | Off Market | |
0.11 | $531,100 | 3 | 2 | 2,054 | Off Market | |
0.02 | $539,500 | 3 | 2 | 2,055 | Off Market | |
0.03 | $663,200 | 4 | 2.5 | 2,477 | Off Market | |
0.04 | $637,000 | 4 | 3 | 2,305 | Off Market | |
0.06 | $638,000 | 4 | 3 | 2,396 | Off Market | |
0.08 | $609,000 | 5 | 3 | 3,329 | Off Market | |
0.09 | $667,000 | 3 | 2.5 | 2,686 | Off Market |
Local Information
-- mins to
Home Highlights
Single-Family Home
Built in 1990
2,249 sqft
$267/sqft
Garage
About this House
This single-family home is located at 1487 Cypress Trace Dr, Melbourne, FL. 1487 Cypress Trace Dr is in Melbourne, FL and in ZIP code 32940. This property has 3 bedrooms, 2 bathrooms and approximately 2,249 sqft of floor space. This property has a lot size of 9583 sqft and was built in 1990.
1487 Cypress Trace Dr, Melbourne, FL 32940 is a 3 bedroom, 2 bathroom, 2,249 sqft single-family home built in 1990. It last sold for $333,000 on Aug 31, 2020. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $600,700, with a rent estimate of $3,547/month.
Home Details for 1487 Cypress Trace Dr
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Levels, Entrance, & Accessibility Stories: 1 |
Interior Details Number of Rooms: 6 |
Fireplace & Spa Fireplace |
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Exterior Home Features Roof: AsphaltDeckExterior: Stucco |
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: 9583 sqft |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Aug 31, 2020 Source: N/A | Sold | $333,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $4,707 | $504,200 |
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 1487 Cypress Trace Dr
- What is 1487 Cypress Trace Dr estimated to be worth?Trulia's estimated value for 1487 Cypress Trace Dr in Melbourne, FL is $600,700.
- What is the price history for 1487 Cypress Trace Dr?1487 Cypress Trace Dr in Melbourne, FL last sold for $333,000 in August 2020.
- 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 1487 Cypress Trace Dr have a pool?Yes, 1487 Cypress Trace Dr in Melbourne, FL has a pool.
- How big is the lot at 1487 Cypress Trace Dr?The lot at 1487 Cypress Trace Dr in Melbourne, FL is about 0.22 acres (9,583 sq ft).