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Viera West 32940
2927 Balting Place
Photo of 2927 Balting Place
Sold on Jun 12, 2020

49

Map

Photo of 2927 Balting Place
Photo of 2927 Balting Place
$590,000
● House - Off Market

2927 Balting Place

Melbourne, FL 32940
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,875 Ft²
$834,230
RealtyHop Estimate
40.21%
Since Jul 1, 2020
National-US
Primary Model

About This Property

Welcome Home to this Stunning, Like-NEW Custom Built by Award Winning Builder in 2017, the 4 BD, 3 BA, 3 Car Estate Home is in the highly desired Gated Community of Kerrington in Viera!  Lifestyle meets Luxury... the moment you walk through the double doors, the finest finishings & magnificant custom built-ins makes it exceptional & unique: Crown Molding, Wood Grain Tile Flooring throughout, Built-in Desk & Cabinets, Wine & Glassware Cabinet w/ dual temperatures, Outdoor Kitchen, Leather finished Granite, Triple Slider, Impact Glass on Front of House, Samsung & Whirlpool SS App, Remote Control Rm Darkening Sliding Draperies & Large Fenced Yard! Open & Spacious Floor Plan..2875 living sq ft  with Natural Light!  Enjoy stunning Water Views!! Community Cubhouse & two community pools near by!
Unit Size
2,875 Ft²
Days on Market
42 days
Land Size
0.20 acres
Price per sqft
$207
Property Type
House
Property Taxes
$501
HOA Dues
$650
Year Built
2017

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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: 4 months ago (Space Coast MLS #874373)

Price History

Date / Event Date Event Price
Jun 23, 2020 Sold
Premium
Sold
May 1, 2020 Listed by RE/MAX Elite $595,000
Listed by RE/MAX Elite
Aug 11, 2017 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
With View

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2020
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 4
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 4
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 579
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 35
  • Pool Type: 0
  • Location Influence Type: 118

    Dimensions

  • Lot Size Square Feet: 8,712
  • Total Building Area: 3,848
  • Gross Building Area: 3,848
  • Building Area: 2,875
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,875
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: KERRINGTON AT ADDISON VILLAGE - PHASE 1
  • Land Acres: 0000000200
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • State Land Use Code: 001
  • Legal Description 1: KERRINGTON AT ADDISON VILLAGE - PHASE 1 BLK E LOT 3

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 071353

Geography

  • Assessors Map Reference: MB 61 PG 83
  • Account Number: 3012462
  • Subdivision Phase Number: 1
  • Parcel: 26-36-17-WJ-0000E.0-0003.00
  • Block: E
  • Lot: 3
  • Meridian: SEC 17 TWN 26S RNG 36E
  • Municipality: UNINCORP DISTRICT 4
  • Latitude: 28.221
  • Longitude: -80.7396

    Address

  • Full Address: 2927 Balting Pl
  • Address - House Number: 2927
  • Address - Street Name: Balting
  • Address - Suffix Type: Pl
  • State: FL
  • City Name: Melbourne
  • Carrier Code: R007
  • 4-Digit Zip Code: 7099
  • Zip Code: 32940

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $834,588
  • Tax Rate Code Area: 4200

    Appraisal Valuation

  • Standard Deviation: 0.1714
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 78
  • Final Value: 914,160
  • High Value: 1,070,859
  • Low Value: 757,461

    Market Valuation

  • Market Total Value: $717,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $717,000

    Sales

  • Current Sale Contract Date: Jun 12, 2020
  • Current Sale Recording Date: Jun 23, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2020132789
  • Previous Sale Recording Date: Aug 11, 2017
  • Previous Sale Contract Date: Aug 10, 2017
  • Previous Sale Amount: $483,000
  • 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 Viera West

Stats & Trends

Median Asking:

$539,900

Sale Price/ft²

$261

Below Asking

0.02%

Average Days on Market

71

Average Home Size

2251 ft²

Average Home Age

11.4 years

Currently For Sale

111 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 2323 Great Belt Circle, Melbourne, FL, 32940

$3,200 /mo

  • 2 Beds
  • 2 Baths
  • 1,827 ft²
2323 Great Belt Circle, Melbourne, FL, 32940 Listing by Gregory Ellingson

Rentals Near You

Click here to view more rentals in the neighborhood.
SpaceCoast

Listed by: Deborah L Tomczak, RE/MAX Elite
Last Updated: 4 months ago
Data Source: Space Coast MLS, MLS# 874373
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 2927 Balting Place built and last sold?
The property at 2927 Balting Place was built in 2017 and last sold on Jun 12, 2020 for $590,000.
How much is this home worth?
The estimated value of the home located at 2927 Balting Place is $609,316.
What are some comparable homes to 2927 Balting Place?
There are currently no comparable homes to 2927 Balting Place.
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