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Viera West 32940 Cortona
3158 Cortona Drive
$650,000
● House - Off Market

3158 Cortona Drive

Melbourne, FL 32940
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,409 Ft²
$669,348
RealtyHop Estimate
2.98%
Since Apr 1, 2022
National-US
Primary Model

About This Property

Rare opportunity to own a fabulous 4/3/3 home in the gated community of Cortona in South Solerno of Viera!  This popular Dover floor plan sits on large pie shaped lot with a big backyard that backs up to a private lake!  The large kitchen features beautiful granite countertops and lots of cabinets! The owners suite features a deluxe master bathroom with tub, shower and dual walk in closets!  The huge screened porch looks out to the north over the large backyard and private lake! Plenty of room for a large pool! The huge 3-car garage is great! Belong to Village of South Solerno where there are many family friendly parks and a community pool to enjoy! More to come!
Unit Size
2,409 Ft²
Days on Market
29 days
Land Size
0.37 acres
Price per sqft
$270
Property Type
House
Property Taxes
$320
HOA Dues
$536
Year Built
2012

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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: 5 months ago (Space Coast MLS #924762)

Price History

Date / Event Date Event Price
Mar 4, 2022 Sold
Premium
Sold
Jan 17, 2022 Listed by RE/MAX Aerospace Realty $650,000
Listed by RE/MAX Aerospace Realty
Sep 28, 2012 Sold
Premium
Sold
Aug 9, 2012 Sold
Premium
Sold
May 14, 2012 Listed by RE/MAX Aerospace Realty $318,413
Listed by RE/MAX Aerospace Realty

Property Highlights

Garage
Air Conditioning
With View

Building Info

Overview

    General

  • Year Built: 2012
  • Effective Year Built: 2017
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 2
  • 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: 824
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 35
  • Pool Type: 0
  • Location Influence Type: 118

    Dimensions

  • Lot Size Square Feet: 16,117
  • Lot Size Frontage Feet: 850
  • Total Building Area: 3,726
  • Gross Building Area: 3,726
  • Building Area: 2,396
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,396
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CORTONA SUBDIVISION
  • Land Acres: 0000000370
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • State Land Use Code: 001
  • Legal Description 1: CORTONA SUBDIVISION LOT 18 BLK A

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 071201

Zoning

  • Zoning: PUD

Geography

  • Assessors Map Reference: MB 56 PG 83
  • Account Number: 2630995
  • Parcel: 26-36-05-01-0000A.0-0018.00
  • Block: A
  • Lot: 18
  • Meridian: SEC 05 TWN 26S RNG 36E
  • Municipality: UNINCORP DISTRICT 4
  • Latitude: 28.2532
  • Longitude: -80.7423

    Address

  • Full Address: 3158 Cortona Dr
  • Address - House Number: 3158
  • Address - Street Name: Cortona
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Melbourne
  • Carrier Code: H008
  • 4-Digit Zip Code: 8611
  • Zip Code: 32940

Valuation

    Tax

  • Total Area: 3,058
  • Tax Year: 2022
  • Tax Amount: $366,402
  • Tax Rate Code Area: 4200

    Appraisal Valuation

  • Standard Deviation: 0.1927
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 74
  • Final Value: 732,634
  • High Value: 873,864
  • Low Value: 591,403

    Market Valuation

  • Market Total Value: $595,990

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $291,730

    Sales

  • Current Sale Contract Date: Mar 04, 2022
  • Current Sale Recording Date: Mar 04, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 55596
  • Previous Sale Recording Date: Sep 28, 2012
  • Previous Sale Contract Date: Sep 27, 2012
  • Previous Sale Amount: $291,500
  • 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 Cortona

Stats & Trends

Median Asking:

$862,500

Sale Price/ft²

$289

Above Asking

0.00%

Average Days on Market

22

Average Home Size

2970 ft²

Average Home Age

12.5 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 1937 Golf Vista Boulevard, Rockledge, FL, 32955

$2,900 /mo

  • 3 Beds
  • 2 Baths
  • 1,917 ft²
1937 Golf Vista Boulevard, Rockledge, FL, 32955 Listing by Douglas Bress

Rentals Near You

Click here to view more rentals in the neighborhood.
SpaceCoast

Listed by: David S Jelinek, RE/MAX Aerospace Realty
Last Updated: 5 months ago
Data Source: Space Coast MLS, MLS# 924762
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 3158 Cortona Drive built and last sold?
The property at 3158 Cortona Drive was built in 2012 and last sold on Mar 4, 2022 for $650,000.
How much is this home worth?
The estimated value of the home located at 3158 Cortona Drive is $657,293.
What are some comparable homes to 3158 Cortona Drive?
There are currently no comparable homes to 3158 Cortona Drive.
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