When was property at 1586 Timber Way built and last sold?

The property at 1586 Timber Way was built in 1955 and last sold on Jul 31, 2020 for $120,500.

How much is this home worth?

The estimated value of the home located at 1586 Timber Way is $252,500.

What are some comparable homes to 1586 Timber Way?

There are currently no comparable homes to 1586 Timber Way.

Melbourne

32935

Grandview Shores

1586 Timber Way

Sold on Mar 22, 2013

Map

$71,900

● House - Off Market

1586 Timber Way

Melbourne, FL 32935

3 Beds

1 Bath

1,200 Ft²

$147,958

RealtyHop Estimate

105.78%

Since Apr 1, 2013

National-US

Primary Model

About This Property

Cute 3/1 house in Grandview Shores. New kitchen cabinets and counter top. Large pool with auto vacuum in huge, fenced backyard. Big family room and a large screened in porch--great for pool parties and other entertaining. Just right for a starter home or for retirement.

Unit Size

1,200 Ft²

Days on Market

125 days

Land Size

0.21 acres

Price per sqft

$60

Property Type

House

Property Taxes

$53

HOA Dues

Year Built

1955

Payment Calculator

Cap Rate Calculator

Last updated: 6 months ago (Space Coast MLS #654414)

Price History

Date / Event	Date	Event
May 16, 2025	Sold	Premium
Sold
Apr 7, 2025	In contract	-
In contract
Mar 22, 2025	Price Decreased	$250,000 ↓ $10K (3.9%)
Price Decreased
Mar 1, 2025	Price Decreased	$260,000 ↓ $25K (8.8%)
Price Decreased
Feb 22, 2025	Relisted	$285,000
Relisted
Jan 16, 2025	In contract	-
In contract
Nov 17, 2024	Price Decreased	$270,000 ↓ $17K (5.9%)
Price Decreased
Nov 7, 2024	Price Decreased	$287,000 ↓ $10K (3.4%)
Price Decreased
Oct 17, 2024	Listed by One Sotheby's International	$297,000
Listed by One Sotheby's International

	Quaint Florida residence with 3 bedrooms, 1.5 baths, and a spacious family room. Enjoy relaxing on the large screened porch or in the private backyard surrounded by lush landscaping, trees, and tropical plants. The oversized pool offers plenty of space to swim and unwind, providing a resort-like feel in your own backyard. Located in a quiet neighborhood, the community features a playground and easy access to a nearby creek with a small kayak/canoe ramp leading to the scenic Indian River. A perfect place to call home!
Aug 3, 2020	Sold	Premium
Sold
May 12, 2020	Sold	Premium
Sold
Apr 29, 2016	Sold	Premium
Sold
Mar 1, 2016	Listed by Coastmark Real Estate, LLC	$129,900
Listed by Coastmark Real Estate, LLC

	UPDATED BEAUTIFUL CLASSIC FLORIDA HOME! 3 Bedrooms, 1 and 1/2 baths, with a huge family room, a large screened porch, and a privacy fence surrounding the backyard. The yard is lushly landscaped with plenty of trees and tropical foliage. The extra large pool is so fun to swim and relax in; it feels just like a resort. Recent updates include; Wood Flooring, New Roof in (2015), New electrical, Privacy fence, Bathroom upgrades, New Pump for the Artesian Well that irrigates the yard and fills the pool, making it great on water conservation/bill. Also, a New floor in the shed, French Drains for gutters, the interior has been freshly painted, etc. The subdivision has a playground in the back, and the City of Melbourne is adding a small boat ramp at the creek; this leads to the Indian River.
Mar 22, 2013	Sold	Premium
Sold
Nov 16, 2012	Listed by HomeLife Properties, LLC	$71,900
Listed by HomeLife Properties, LLC

Property Highlights

Air Conditioning

Building Info

Overview

General

Year Built: 1955

Effective Year Built: 2002
Building Count: 1
Bedroom Count: 3
Bathroom Count: 1
Full Bathrooms: 1
Partial Bathrooms: 1
Bathroom Plumbing Fixtures: 8
Building Condition: 0
Building Quality: 10
Construction Type: 12
Building Style: 0
Exterior Walls Type: 15
Interior Walls Type: 0
Roof Shape Type: 7
Roof Cover Type: 2
Floor Count: 100
Living Units: 1
Floor Cover: 0
Basement Type: 0
Basement Area: 0
Garage Type: 3
Garage Square Area: 240
Parking Space Count: 1
Patio Type: 69
Porch Type: 98
Pool Type: 8
Location Influence Type: 179

Dimensions

Lot Size Square Feet: 9,148

Lot Size Depth Feet: 1,200
Lot Size Frontage Feet: 737
Total Building Area: 1,700
Gross Building Area: 1,700
Building Area: 1,200
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 1

Heating: 3
Heated Square Feet: 1,200
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: GRANDVIEW SHORES REPLAT OF BLKS 3 TO 10
Land Acres: 0000000210
Standard Land Use Code: 1001
County Land Use Code: 0110
State Land Use Code: 001
Legal Description 1: GRANDVIEW SHORES REPLAT OF BLKS 3 TO 10 LOT 9 BLK G

Neighborhood

School District Name: Brevard County School District

Census Tract: 064202

Zoning

Zoning: R1A

Geography

Assessors Map Reference: 267

Account Number: 2708837
Parcel: 27-37-05-03-0000G.0-0009.00
Block: G
Lot: 9
Meridian: SEC 05 TWN 27S RNG 37E
Municipality: MELBOURNE
Latitude: 28.1671
Longitude: -80.6467

Address

Full Address: 1586 Timber Way

Address - House Number: 1586
Address - Street Name: Timber
Address - Suffix Type: Way
State: FL
City Name: Melbourne
Carrier Code: C005
4-Digit Zip Code: 5739
Zip Code: 32935

Valuation

Tax

Total Area: 1,368

Tax Year: 2022
Tax Amount: $331,750
Tax Rate Code Area: 43K0

Appraisal Valuation

Standard Deviation: 0.2172

Valuation Date: Jan 03, 2024
Confidence Score: 70
Final Value: 314,997
High Value: 383,439
Low Value: 246,556

Open Liens

Total Open Liens:

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Total Open Liens Amount:

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First Open Lien Mortgage Lender:

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First Open Lien Mortgage Recording Date:

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First Open Lien Mortgage Loan Amount:

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First Open Lien Mortgage Term:

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First Open Lien Mortgage Position:

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First Open Lien Mortgage Loan Due Date:

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Market Valuation

Market Total Value: $236,080

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $236,080

Sales

Current Sale Contract Date: Jul 31, 2020

Current Sale Recording Date: Aug 03, 2020
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 2020165654
Previous Sale Recording Date: May 12, 2020
Previous Sale Contract Date: May 08, 2020
Previous Sale Amount: $117,700
Previous Sale Document Type: 68

Last Sale Mortgage

First Mortgage Lender:

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First Mortgage Transaction Date:

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First Mortgage Loan Amount:

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First Mortgage Terms:

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First Mortgage Loan Type:

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First Mortgage Loan Due Date:

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Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Grandview Shores

Stats & Trends

Median Asking:

$349,450

Sale Price/ft²

$169

Below Asking

0.04%

Average Days on Market

Average Home Size

2093 ft²

Average Home Age

70.8 years

Currently For Sale

0 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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$2,695 /mo

4 Beds
2 Baths
2,115 ft²

1686 Rustic Way, Melbourne, FL, 32935 Listing by Lisa Campbell

Unit for rent at 3685 Kestrel Court, Melbourne, FL, 32934

$2,900 /mo

3 Beds
2 Baths
1,779 ft²

3685 Kestrel Court, Melbourne, FL, 32934 Listing by Cheryl L Smith

Unit for rent at 5272 Outlook Drive, Melbourne, FL, 32940

$2,600 /mo

3 Beds
2 Baths
1,684 ft²

5272 Outlook Drive, Melbourne, FL, 32940 Listing by Steven L Poorbaugh

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Robert G Pierce, HomeLife Properties, LLC
Last Updated: 6 months ago
Data Source: Space Coast MLS, MLS# 654414

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