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Melbourne 32934 Magnolia Lakes
1121 White Oak
$130,000
● House - Off Market

1121 White Oak

Melbourne, FL 32934
bedrooms
3 Beds
bathrooms
2 Baths
$303,574
RealtyHop Estimate
116.99%
Since Jun 1, 2012
National-US
Primary Model

About This Property

Owner is moving and wants to sell or will consider lease with option to purchase this beautiful newly painted, recently renovated home featuring gorgeous dark wood-like laminate flooring throughout most of the home. Open floor plan creates a spacious living arrangement with French doors leading out into a screened Florida room for added living space. Privacy fenced backyard is ready for kids, dogs or for you to design your own landscaped paradise. Purchase now before it''s gone!
Unit Size
-
Days on Market
-
Land Size
0.18 acres
Price per sqft
-
Property Type
House
Property Taxes
$88
HOA Dues
$250
Year Built
1999

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (Space Coast MLS #634598)

Price History

Date / Event Date Event Price
May 24, 2012 Sold
Premium
Sold
Feb 21, 2012 Listed by Keller Williams Realty Brevard $139,900
Listed by Keller Williams Realty Brevard
Jul 29, 2009 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 2009
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 395
  • Parking Space Count: 1
  • Patio Type: 5
  • Porch Type: 35
  • Pool Type: 0
  • Location Influence Type: 179

    Dimensions

  • Lot Size Square Feet: 7,841
  • Lot Size Frontage Feet: 430
  • Total Building Area: 2,081
  • Gross Building Area: 2,081
  • Building Area: 1,465
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,465
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAGNOLIA LAKES PHASE 1
  • Land Acres: 0000000180
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • State Land Use Code: 001
  • Legal Description 1: MAGNOLIA LAKES PHASE 1 LOT 80

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 064130

Zoning

  • Zoning: R1B

Geography

  • Assessors Map Reference: 292
  • Account Number: 2736252
  • Subdivision Phase Number: 1
  • Parcel: 27-36-23-02-00000.0-0080.00
  • Lot: 80
  • Meridian: SEC 23 TWN 27S RNG 36E
  • Municipality: MELBOURNE
  • Latitude: 28.124
  • Longitude: -80.6928

    Address

  • Full Address: 1121 White Oak Cir
  • Address - House Number: 1121
  • Address - Street Name: White Oak
  • Address - Suffix Type: Cir
  • State: FL
  • City Name: Melbourne
  • Carrier Code: R025
  • 4-Digit Zip Code: 7286
  • Zip Code: 32934

Valuation

    Tax

  • Total Area: 1,777
  • Tax Year: 2022
  • Tax Amount: $138,693
  • Tax Rate Code Area: 53K0

    Appraisal Valuation

  • Standard Deviation: 0.1952
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 74
  • Final Value: 365,429
  • High Value: 436,776
  • Low Value: 294,082

    Market Valuation

  • Market Total Value: $245,070

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $116,840

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 07, 2012
  • Current Sale Recording Date: May 24, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2012101721
  • Previous Sale Recording Date: Jul 29, 2009
  • Previous Sale Contract Date: Jul 24, 2009
  • Previous Sale Amount: $137,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Magnolia Lakes

Stats & Trends

Median Asking:

$365,000

Sale Price/ft²

$198

Below Asking

0.01%

Average Days on Market

52

Average Home Size

1578 ft²

Average Home Age

27 years

Currently For Sale

2 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 608 Sacre Coeur Drive, Melbourne, FL, 32935

$2,100 /mo

  • 3 Beds
  • 2 Baths
  • 1,184 ft²
608 Sacre Coeur Drive, Melbourne, FL, 32935 Listing by Justin K Brown
Unit for rent at 2604 Corbusier Drive, Melbourne, FL, 32935

$2,100 /mo

  • 2 Beds
  • 2 Baths
  • 1,242 ft²
2604 Corbusier Drive, Melbourne, FL, 32935 Listing by Cynthia J Tripp

Rentals Near You

Click here to view more rentals in the neighborhood.
SpaceCoast

Listed by: Deborah Davis, Keller Williams Realty Brevard
Last Updated: 3 years ago
Data Source: Space Coast MLS, MLS# 634598
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Frequently Asked Questions

When was property at 1121 White Oak Circle built and last sold?
The property at 1121 White Oak Circle was built in 1999 and last sold on May 7, 2012 for $130,000.
How much is this home worth?
The estimated value of the home located at 1121 White Oak Circle is $141,299.
What are some comparable homes to 1121 White Oak Circle?
There are currently no comparable homes to 1121 White Oak Circle.
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