When was property at 1641 Derby Lane built and last sold?

The property at 1641 Derby Lane was built in 2000 and last sold on Jul 30, 2004 for $190,000.

How much is this home worth?

The estimated value of the home located at 1641 Derby Lane is $0.

What are some comparable homes to 1641 Derby Lane?

There are currently no comparable homes to 1641 Derby Lane.

Melbourne

32935

1641 Derby Lane

Sold on Oct 17, 2024

Map

$270,000

● House - Off Market

1641 Derby Lane

Melbourne, FL 32935

3 Beds

2 Baths

1,462 Ft²

$2,061

Est. Monthly

$360

HOA / Fees

8.03%

Cap Rate

About This Property

WOW! NICE PRICE REDUTION! Motivated seller AND brand new HVAC system installed this week! Conveniently located in a quiet gated community in Melbourne, near the river and short drive to the beach (only 5 miles)! 3 Bedrooms, 2 Bathrooms, 2 Car garage, concrete block home, with a large screened lanai. Open floor plan with high ceilings and a split bedroom concept. Master bathroom has a walk-in shower and nice size walk-in closet. Spacious walk-in pantry in the kitchen along with lots of counter space and cabinets. Community pool and low HOA (averages $120 monthly and INCLUDES community pool use and lawn care!). Roof 2019! Interior and exterior has been freshly painted 2024! Home has operated as a successful rental property for 20 years! Current market rent is $1800 to $2000 monthly. Great investment or perfect for a primary residence!

Unit Size

1,462 Ft²

Days on Market

92 days

Land Size

0.08 acres

Price per sqft

$188

Property Type

House

Property Taxes

$351

HOA Dues

$360

Year Built

2000

Payment Calculator

Cap Rate Calculator

Last updated: 2 months ago (Space Coast MLS #1018066)

Price History

Date / Event	Date	Event
Oct 17, 2024	Sold	Premium
Sold
Sep 22, 2024	In contract	-
In contract
Sep 17, 2024	Relisted	$275,000
Relisted
Sep 11, 2024	In contract	-
In contract
Sep 4, 2024	Relisted	$275,000
Relisted
Aug 27, 2024	In contract	-
In contract
Aug 21, 2024	Relisted	$299,900
Relisted
Aug 20, 2024	In contract	-
In contract
Aug 10, 2024	Price Decreased	$299,900 ↓ $25K (7.7%)
Price Decreased
Jul 17, 2024	Price Decreased	$325,000 ↓ $20K (5.8%)
Price Decreased
Jun 26, 2024	Listed by One Sotheby's International	$345,000
Listed by One Sotheby's International
Aug 6, 2004	Sold	Premium
Sold
Jun 3, 1999	Sold	Premium
Sold

Property Highlights

Garage

Air Conditioning

Building Info

Overview

General

Year Built: 2000

Effective Year Built: 2011
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: 445
Parking Space Count: 2
Patio Type: 5
Porch Type: 126
Pool Type: 0
Location Influence Type: 179

Dimensions

Lot Size Square Feet: 3,485

Total Building Area: 1,937
Gross Building Area: 1,937
Building Area: 1,462
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 1

Heating: 3
Heated Square Feet: 1,462
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Land Acres: 0000000080
Standard Land Use Code: 1001
County Land Use Code: 0110
State Land Use Code: 001
Legal Description 1: PART OF GOVT LOT 2 E OF RR AS DES IN ORB 4198 PG 2102 AS A/K/A 16 OF VILLAS AT SPRING CREEK

Neighborhood

School District Name: Brevard County School District

Census Tract: 064202

Zoning

Zoning: R2

Geography

Assessors Map Reference: 267

Account Number: 2742124
Parcel: 27-37-05-00-00787.0-0016.00
Block: 787
Lot: 2
Meridian: SEC 05 TWN 27S RNG 37E
Municipality: MELBOURNE
Latitude: 28.1637
Longitude: -80.6451

Address

Full Address: 1641 Derby Ln

Address - House Number: 1641
Address - Street Name: Derby
Address - Suffix Type: Ln
State: FL
City Name: Melbourne
Carrier Code: C005
4-Digit Zip Code: 5799
Zip Code: 32935

Valuation

Tax

Total Area: 1,737

Tax Year: 2022
Tax Amount: $363,486
Tax Rate Code Area: 43K0

Appraisal Valuation

Standard Deviation: 0.1976

Valuation Date: Jan 03, 2024
Confidence Score: 73
Final Value: 345,855
High Value: 414,196
Low Value: 277,513

Market Valuation

Market Total Value: $219,640

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $219,640

Sales

Current Sale Contract Date: Jul 30, 2004

Current Sale Recording Date: Aug 06, 2004
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 2004252414
Previous Sale Recording Date: Jun 03, 1999
Previous Sale Contract Date: May 17, 1999
Previous Sale Amount: $20,100
Previous Sale Document Type: 71

Last Sale Mortgage

First Mortgage Lender:

Premium

First Mortgage Transaction Date:

Premium
First Mortgage Loan Amount:

Premium
First Mortgage Terms:

Premium
First Mortgage Loan Due Date:

Premium

Previous Mortgages

Previous Mortgage Lender:

Premium

Previous Mortgage Transaction Date:

Premium
Previous Mortgage Financing Type:

Premium
Previous Mortgage Loan Amount:

Premium

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

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Comparables

About Melbourne

Stats & Trends

Median Asking:

$310,000

Sale Price/ft²

$213

Below Asking

0.02%

Average Days on Market

Average Home Size

1648 ft²

Average Home Age

38.1 years

Currently For Sale

536 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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$2,600 /mo

2 Beds
1 Bath
506 ft²

1981 Guava Avenue #101, FL, 32935 Listing by Nathan Doyle

Unit for rent at 1672 Pineapple Avenue, Melbourne, FL, 32935

$2,500 /mo

1 Bed
1 Bath
500 ft²

1672 Pineapple Avenue #1672, Melbourne, FL, 32935 Listing by Susan Etters

Unit for rent at 1800 Noel Place, Melbourne, FL, 32935

$2,500 /mo

3 Beds
2 Baths
1,573 ft²

1800 Noel Place #103, Melbourne, FL, 32935 Listing by Ruth Heiniger

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Jenny M. DePalma, One Sotheby's International
Last Updated: 2 months ago
Data Source: Space Coast MLS, MLS# 1018066

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.