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103 Cypress Trace

103 Cypress Trace, West Palm Beach, FL 33411
Property in Cypress Head
Sold Jun 19, 2009
$85,000
$405,000 by Metlife Home Loans
Mortgage
Sold Sep 12, 2002
$239,741
$190,400 by Chase Manhattan Mtg Corp
Mortgage Due Oct 01, 2032
Local assessors in West Palm Beach, FL have categorized 103 Cypress Trace as a residential type of property. The home was built in 1997 and is 27 years old. The property's lot size has been calculated to be 9,200 square feet. The linear feet between the front and back of the lot was measured at 1,150 ft and the front of the lot was measured at 800 ft. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 103 Cypress Trace has a total of 2,009 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 462 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with concrete block control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - D. The building has a wood truss style roof that was made of concrete. Lots of wood were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with electricity. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 103 Cypress Trace sold most recently in Jun 10, 2009 for a total of $85,000. If you work out the math, that's approximately a cost of $30.48 per sqft. Before that, the property was also sold for $239,741 in Sep 6, 2002. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $0 in taxes each year. 103 Cypress Trace was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $234,241. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Concrete block
  • Exterior Walls Type: Wood
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Wood truss
  • Roof Cover Type: Concrete
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 462
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 9,200
  • Lot Size Depth Feet: 1,150
  • Lot Size Frontage Feet: 800
  • Total Building Area: 2,789
  • Gross Building Area: 2,789
  • Building Area: 2,009
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,009
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CYPRESS HEAD
  • Land Acres: 0.211
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CYPRESS HEAD UNIT 2 PL 1 LT 6 BLK 8

Ownership

  • Current Owner : MITCHELL EDWARD R
  • Previous Owner : MITCHELL EDWARD R
  • Previous Owner 2: MITCHELL MARGARET
  • Owner Before Previous Owner: ROYAL PROFESSIONAL BUILDERS INC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Life Estate

Neighborhood

  • School District Name: Palm Beach County School District
  • Census Tract: 007838

Zoning

  • Zoning: RS-2

Geography

  • Assessors Map Reference: 167
  • Parcel: 72-41-43-34-04-008-0060
  • Block: 8
  • Lot: 6
  • Meridian: SEC 34 TWN 43S RNG 41E
  • Municipality: ROYAL PALM BEACH
  • Latitude: 26.6868
  • Longitude: -80.2408

    Address

  • Full Address: 103 Cypress Trce
  • Legal Unit: 2
  • Address - House Number: 103
  • Address - Street Name: Cypress
  • Address - Suffix Type: Trce
  • State: FL
  • City Name: Royal Palm Beach
  • Carrier Code: C092
  • 4-Digit Zip Code: 4705
  • Zip Code: 33411

Valuation

    Tax

  • Total Area: 2,310
  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 72486

    Appraisal Valuation

  • Standard Deviation: 0.2071
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 71
  • Final Value: 666,277
  • High Value: 804,322
  • Low Value: 528,233

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $405,000
  • First Open Lien Mortgage Lender: METLIFE HOME LOANS
  • First Open Lien Mortgage Recording Date: Jun 19, 2009
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $405,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Reverse Mortgage (Home Equity Conversion Mortgage)

    Market Valuation

  • Market Total Value: $422,236
  • Market Land Value: $149,776
  • Market Improvement Value: $272,460

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $234,241

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 10, 2009
  • Current Sale Recording Date: Jun 19, 2009
  • Current Sale Transaction ID: 11447686634
  • Current Sale Price: $85,000
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: 20090206490
  • Previous Sale Recording Date: Sep 12, 2002
  • Previous Sale Contract Date: Sep 06, 2002
  • Previous Sale Amount: $239,741
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: METLIFE HOME LOANS
  • First Mortgage Transaction Date: Jun 19, 2009
  • First Mortgage Loan Amount: $405,000
  • First Mortgage Terms: 999
  • First Mortgage Loan Type: Reverse Mortgage (Home Equity Conversion Mortgage)

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: CHASE MANHATTAN MTG CORP
  • Previous Mortgage Transaction Date: Sep 12, 2002
  • Previous Mortgage Loan Amount: $190,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Oct 01, 2032

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Frequently Asked Questions

What neighborhood is 103 Cypress Trace located in?
The 103 Cypress Trace is a located in the neighborhood of Cypress Head in Crestwood, West Palm Beach.
What is the average sales price for listings in 103 Cypress Trace?
The average sales price for units in 103 Cypress Trace is $0 currently.

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