The property at 1109 Cypress Trace Drive, Melbourne, FL 32940, built in 1989, is a 2,511 square foot Single Family and has 4 bedrooms and 2 bathrooms. It is situated on a lot that is 13,068 square feet and was last tax assessed in 2024 for a valuation of $529,020
The estimate for this property has experienced a 4.48% increase in the past 6 months reaching a value of $671,659.
Property Tax History
Source: Public Records
| Year | Assessment |
|---|---|
| 2023 | $351,510 +3.00% |
| 2022 | $341,280 +3.00% |
| 2021 | $331,340 +1.40% |
| 2020 | $326,770 |
| 2019 | $326,770 +71.64% |
| 2018 | $190,380 +1.89% |
| 2017 | $186,840 +4.97% |
| 2015 | $178,000 +2.31% |
| 2013 | $173,980 |
Valuation History
Source: Public Records
| Month | Valuation | Single Family Homes Sold | Median Sales Price/Sqft |
|---|---|---|---|
| Nov 2025 | $671,659 | - | - |
| Oct 2025 | $669,980 | - | - |
| Sep 2025 | $658,758 | - | - |
| Aug 2025 | $659,068 | - | - |
| Jul 2025 | $654,075 | - | - |
| Jun 2025 | $654,550 | - | - |
| May 2025 | $649,777 | - | - |
| Apr 2025 | $642,829 | - | - |
| Mar 2025 | $650,252 | - | - |
| Feb 2025 | $621,762 | - | - |
| Jan 2025 | $609,965 | - | - |
| Dec 2024 | $614,107 | - | - |
| Nov 2024 | $587,376 | - | - |
| Oct 2024 | $580,150 | - | - |
| Sep 2024 | $571,358 | - | - |
| Aug 2024 | $554,180 | - | - |
| Jul 2024 | $557,180 | - | - |
| Jun 2024 | $540,010 | - | - |
| May 2024 | $543,326 | - | - |
| Apr 2024 | $540,877 | - | - |
| Mar 2024 | $538,417 | - | - |
| Feb 2024 | $533,773 | - | - |
| Jan 2024 | $547,304 | - | - |
| Dec 2023 | $631,456 | - | - |
| Nov 2023 | $608,093 | - | - |
| Oct 2023 | $628,295 | - | - |
| Sep 2023 | $657,786 | - | - |
| Aug 2023 | $685,643 | - | - |
| Jul 2023 | $656,557 | - | - |
| Jun 2023 | $652,772 | - | - |
| May 2023 | $654,629 | - | - |
| Apr 2023 | $664,642 | - | - |
| Mar 2023 | $659,642 | - | - |
| Feb 2023 | $613,700 | - | - |
| Jan 2023 | $621,400 | - | - |
| Dec 2022 | $603,400 | - | - |
*Market History, including Median Sales Price per square foot, and Single Family Homes Sold is based on historical data of Zip Code: 32940 - FL
Population & Environment
Source: Sperling's Best Places
| Zip | City | County | National | |
|---|---|---|---|---|
| Population | 44,860 | 82,924 | 608,603 | 335,858,263 |
| Population Density | 767 | 1,882 | 599 | 95 |
| People per Household | 2.3 | 2.2 | 2.3 | 2.6 |
| Median Age | 50.4 | 43.2 | 46.7 | 39.1 |
| Median Income | $79,674 | $51,737 | $59,709 | $66,222 |
| Average Income | $45,079 | $31,444 | $33,841 | $35,475 |
| Cost of Living Index | 91 | 80 | 88 | 100 |
| Zip | City | County | National | |
|---|---|---|---|---|
| January Avg. High Temp | 50°F | 50°F | 50°F | 22.6°F |
| July Avg. High Temp | 90.5°F | 90.5°F | 90.5°F | 86.2°F |
| Annual Precipitation | 48.29" | 48.29" | 48.29" | 38" |
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