When was property at 1803 Loquat Drive built and last sold?

The property at 1803 Loquat Drive was built in 1958 and last sold on Aug 4, 2023 for $429,900.

How much is this home worth?

The estimated value of the home located at 1803 Loquat Drive is $301,990.

What are some comparable homes to 1803 Loquat Drive?

There are currently no comparable homes to 1803 Loquat Drive.

Melbourne

32901

Magnolia Park

1803 Loquat Drive

$240,000

● House - Off Market

1803 Loquat Drive

Melbourne, FL 32901

3 Beds

2 Baths

1,580 Ft²

$1,541

Est. Monthly

7.94%

Cap Rate

About This Property

Welcome Home to 1803 Loquat Drive in the heart of Melbourne, FL. This 3-bedroom, 2-bathroom gem sits on a lush, spacious, 0,37 acre lot, offering privacy and potential. With mid-century modern touches, this home is a canvas ready for your personal updates to bring its timeless character back to life. Enjoy the convenience of an RV parking pad with power, a storage shed, fenced back yard and ample outdoor space for relaxation or play. This property is primed for you to move right in or transform into a fantastic investment opportunity!

Located just minutes from top Brevard employers like Harris, Northrop Grumman, and Rockwell Collins, this home also boasts easy access to beautiful beaches, shopping malls, and local attractions. This property is a rare find in one of the area's best locations-don't miss your chance to create your dream home!

Unit Size

1,580 Ft²

Days on Market

136 days

Land Size

0.37 acres

Price per sqft

$189

Property Type

House

Property Taxes

$72

HOA Dues

Year Built

1958

Payment Calculator

Cap Rate Calculator

Last updated: 6 months ago (Space Coast MLS #1023256)

Price History

Date / Event	Date	Event
Jan 13, 2025	Sold	Premium
Sold
Nov 27, 2024	In contract	-
In contract
Oct 31, 2024	Relisted	$299,000
Relisted
Oct 21, 2024	In contract	-
In contract
Sep 30, 2024	Price Decreased	$299,000 ↓ $26K (8%)
Price Decreased
Sep 10, 2024	Price Decreased	$325,000 ↓ $5K (1.5%)
Price Decreased
Aug 14, 2024	Listed by Relentless Real Estate Co.	$330,000
Listed by Relentless Real Estate Co.
Aug 10, 2023	Sold	Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

General

Year Built: 1958

Effective Year Built: 2002
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: 6
Building Style: 0
Exterior Walls Type: 19
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: 3
Garage Square Area: 343
Parking Space Count: 1
Patio Type: 17
Porch Type: 77
Pool Type: 0
Location Influence Type: 179

Dimensions

Lot Size Square Feet: 16,117

Lot Size Depth Feet: 1,250
Lot Size Frontage Feet: 1,300
Total Building Area: 2,040
Gross Building Area: 2,040
Building Area: 1,580
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 1

Heating: 3
Heated Square Feet: 1,580
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: MAGNOLIA PARK PLAT NO 2
Land Acres: 0000000370
Standard Land Use Code: 1001
County Land Use Code: 0110
State Land Use Code: 001
Legal Description 1: MAGNOLIA PARK PLAT NO 2 LOTS 14,15 & S 30 FT OF LOT 16 BLK 7

Neighborhood

School District Name: Brevard County School District

Census Tract: 064701

Zoning

Zoning: R1AA

Geography

Assessors Map Reference: 324

Account Number: 2818472
Parcel: 28-37-04-02-00007.0-0014.00
Block: 7
Lot: 14
Meridian: SEC 04 TWN 28S RNG 37E
Municipality: MELBOURNE
Latitude: 28.0812
Longitude: -80.6288

Address

Full Address: 1803 Loquat Dr

Address - House Number: 1803
Address - Street Name: Loquat
Address - Suffix Type: Dr
State: FL
City Name: Melbourne
Carrier Code: C042
4-Digit Zip Code: 4348
Zip Code: 32901

Valuation

Tax

Total Area: 1,753

Tax Year: 2022
Tax Amount: $85,713
Tax Rate Code Area: 53K0

Appraisal Valuation

Standard Deviation: 0.1961

Valuation Date: Jan 03, 2024
Confidence Score: 73
Final Value: 376,468
High Value: 450,297
Low Value: 302,640

Market Valuation

Market Total Value: $206,600

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $86,370

Sales

Current Sale Contract Date: Aug 04, 2023

Current Sale Recording Date: Aug 10, 2023
Current Sale Price:

Premium
Current Sale Document Type: 68
Current Sale Input Document Number: 169425

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

Request mortgage information redaction

Comparables

About Magnolia Park

Stats & Trends

Median Asking:

$275,000

Sale Price/ft²

$188

Below Asking

0.01%

Average Days on Market

Average Home Size

1222 ft²

Average Home Age

73.5 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

Unit for rent at 303 Princeton Avenue, Melbourne, FL, 32901

$1,980 /mo

3 Beds
1 Bath
1,536 ft²

303 Princeton Avenue, Melbourne, FL, 32901 Listing by Julie Schooler

Unit for rent at 3020 Mary Street, Melbourne, FL, 32904

$2,095 /mo

3 Beds
1 Bath
1,072 ft²

3020 Mary Street, Melbourne, FL, 32904 Listing by Orawan Milner

Unit for rent at 300 Amherst Avenue, Melbourne, FL, 32901

$2,050 /mo

3 Beds
2 Baths
1,353 ft²

300 Amherst Avenue, Melbourne, FL, 32901 Listing by Joel Ludlow

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Mariacher Masucci Home Selling Team, Relentless Real Estate Co.
Last Updated: 6 months ago
Data Source: Space Coast MLS, MLS# 1023256

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.

1803 Loquat Drive

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About Magnolia Park

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions