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West Melbourne 32904 Oak Grove at West Melbourne
1414 Sumter
$224,900
● House - Off Market

1414 Sumter

West Melbourne, FL 32904
bedrooms
5 Beds
bathrooms
3 Baths
$446,651
RealtyHop Estimate
98.60%
Since Jun 1, 2013
National-US
Primary Model

About This Property

Beautiful pool home in Oak Grove with tiled front entrance w/glass keyless entry. Large master suite, Large eat in kitchen, formal living/dining combo, upstairs loft. Fully fenced yard with self cleaning oversized pool with hot tub with screened porch entire length of home. Close to I-95, great schools, shopping, restaurants
Unit Size
-
Days on Market
-
Land Size
0.19 acres
Price per sqft
-
Property Type
House
Property Taxes
$280
HOA Dues
$300
Year Built
2004

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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 #657652)

Price History

Date / Event Date Event Price
Aug 27, 2013 Sold
Premium
Sold
May 29, 2013 Sold
Premium
Sold
Jan 9, 2013 Listed by USSGFL Realty LLC $224,900
Listed by USSGFL Realty LLC

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2010
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 13
  • 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: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 484
  • Parking Space Count: 2
  • Patio Type: 69
  • Porch Type: 126
  • Pool Type: 8
  • Location Influence Type: 179

    Dimensions

  • Lot Size Square Feet: 8,276
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 700
  • Total Building Area: 4,712
  • Gross Building Area: 4,712
  • Building Area: 3,666
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 3,666
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OAK GROVE AT WEST MELBOURNE PHASE THREE
  • Land Acres: 0000000190
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • State Land Use Code: 001
  • Legal Description 1: OAK GROVE AT WEST MELBOURNE PHASE THREE LOT 211

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 065022

Zoning

  • Zoning: RA

Geography

  • Assessors Map Reference: MB 50 PG 32
  • Account Number: 2860707
  • Subdivision Phase Number: 3
  • Parcel: 28-37-17-28-00000.0-0211.00
  • Lot: 211
  • Meridian: SEC 17 TWN 28S RNG 37E
  • Municipality: WEST MELBOURNE
  • Latitude: 28.0541
  • Longitude: -80.6458

    Address

  • Full Address: 1414 Sumter Ln
  • Address - House Number: 1414
  • Address - Street Name: Sumter
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Melbourne
  • Carrier Code: C041
  • 4-Digit Zip Code: 8739
  • Zip Code: 32904

Valuation

    Tax

  • Total Area: 4,147
  • Tax Year: 2022
  • Tax Amount: $360,212
  • Tax Rate Code Area: 34V0

    Appraisal Valuation

  • Standard Deviation: 0.1947
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 74
  • Final Value: 627,871
  • High Value: 750,176
  • Low Value: 505,566

    Market Valuation

  • Market Total Value: $453,340

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $279,770

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 23, 2013
  • Current Sale Recording Date: Aug 27, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2013192213
  • Previous Sale Recording Date: May 29, 2013
  • Previous Sale Contract Date: May 21, 2013
  • Previous Sale Amount: $224,900
  • 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 Oak Grove at West Melbourne

Stats & Trends

Median Asking:

$509,950

Sale Price/ft²

$236

Below Asking

0.03%

Average Days on Market

61

Average Home Size

2505 ft²

Average Home Age

22.5 years

Currently For Sale

6 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

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SpaceCoast

Listed by: Cynthia Silver, USSGFL Realty LLC
Last Updated: 3 years ago
Data Source: Space Coast MLS, MLS# 657652
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 1414 Sumter Lane built and last sold?
The property at 1414 Sumter Lane was built in 2004 and last sold on Aug 23, 2013 for $259,000.
How much is this home worth?
The estimated value of the home located at 1414 Sumter Lane is $0.
What are some comparable homes to 1414 Sumter Lane?
There are currently no comparable homes to 1414 Sumter Lane.
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