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Brevard 32934
1340 Morgan Court
$160,000
● House - Off Market

1340 Morgan Court

Melbourne, FL 32934
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,925 Ft²
$329,238
RealtyHop Estimate
95.05%
Since Dec 1, 2013
National-US
Primary Model

About This Property

Newer and spacious home with 3 bedrooms, 2 baths, upgrades and vaulted ceilings too. Great open floor plan with gorgeous dark engineered hardwood flooring throughout the living areas. Huge kitchen ,breakfast bar and over sized cabinets, lots of counter space and tiled floor. Patio area that overlooks the lake/pond, 2-car garage, privacy fenced yard, sidewalks and located on a dead-end street. Nice Family Home.
Unit Size
1,925 Ft²
Days on Market
155 days
Land Size
0.16 acres
Price per sqft
$88
Property Type
House
Property Taxes
$113
HOA Dues
$25
Year Built
2007

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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: 7 months ago (Space Coast MLS #671352)

Price History

Date / Event Date Event Price
Nov 27, 2013 Sold
Premium
Sold
Jun 24, 2013 Listed by Indian River Realty $168,800
Listed by Indian River Realty
Sep 27, 2012 Sold
Premium
Sold
Jan 5, 2012 Listed by Indian River Realty $125,000
Listed by Indian River Realty

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2010
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 418
  • Parking Space Count: 2
  • Patio Type: 17
  • Porch Type: 126
  • Pool Type: 0
  • Location Influence Type: 118

    Dimensions

  • Lot Size Square Feet: 6,970
  • Lot Size Frontage Feet: 1,020
  • Total Building Area: 2,457
  • Gross Building Area: 2,457
  • Building Area: 1,925
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,925
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: AURORA OAKS
  • Land Acres: 0000000160
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • State Land Use Code: 001
  • Legal Description 1: AURORA OAKS LOT 38 BLOCK A

Neighborhood

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

Zoning

  • Zoning: RU-1-7

Geography

  • Assessors Map Reference: MB 52 PG 57
  • Account Number: 2744414
  • Parcel: 27-36-14-50-0000A.0-0038.00
  • Block: A
  • Lot: 38
  • Meridian: SEC 14 TWN 27S RNG 36E
  • Municipality: UNINCORP DISTRICT 5
  • Latitude: 28.1321
  • Longitude: -80.6981

    Address

  • Full Address: 1340 Morgan Ct
  • Address - House Number: 1340
  • Address - Street Name: Morgan
  • Address - Suffix Type: Ct
  • State: FL
  • City Name: Melbourne
  • Carrier Code: R013
  • 4-Digit Zip Code: 9080
  • Zip Code: 32934

Valuation

    Tax

  • Total Area: 2,205
  • Tax Year: 2022
  • Tax Amount: $351,489
  • Tax Rate Code Area: 5300

    Appraisal Valuation

  • Standard Deviation: 0.1952
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 74
  • Final Value: 399,083
  • High Value: 477,001
  • Low Value: 321,165

    Market Valuation

  • Market Total Value: $272,630

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $272,630

    Sales

  • Current Sale Contract Date: Nov 26, 2013
  • Current Sale Recording Date: Nov 27, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2013260864
  • Previous Sale Recording Date: Sep 27, 2012
  • Previous Sale Contract Date: Sep 25, 2012
  • Previous Sale Amount: $125,000
  • 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 Brevard

Stats & Trends

Median Asking:

$366,000

Sale Price/ft²

$216

Above Asking

0.14%

Average Days on Market

77

Average Home Size

1819 ft²

Average Home Age

28.9 years

Currently For Sale

3861 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 4096 Masira Court, Melbourne, FL, 32904

$2,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,529 ft²
4096 Masira Court, Melbourne, FL, 32904 Listing by Janet Rochester
Unit for rent at 4210 Aria Drive, Melbourne, FL, 32904

$2,200 /mo

  • 4 Beds
  • 2 Baths
  • 1,623 ft²
4210 Aria Drive, Melbourne, FL, 32904 Listing by Justin Spencer

Rentals Near You

Click here to view more rentals in the neighborhood.
SpaceCoast

Listed by: Bluma Bofford, Indian River Realty
Last Updated: 7 months ago
Data Source: Space Coast MLS, MLS# 671352
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 1340 Morgan Court built and last sold?
The property at 1340 Morgan Court was built in 2007 and last sold on Nov 26, 2013 for $160,000.
How much is this home worth?
The estimated value of the home located at 1340 Morgan Court is $181,579.
What are some comparable homes to 1340 Morgan Court?
There are currently no comparable homes to 1340 Morgan Court.
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