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Melbourne 32934
3451 Wilderness Lane
$540,000
● House - Off Market

3451 Wilderness Lane

Melbourne, FL 32934
bedrooms
3 Beds
bathrooms
3 Baths
$822,444
RealtyHop Estimate
47.52%
Since Jun 1, 2019
National-US
Primary Model

About This Property

Beautiful Estate Custom built home by Lifestyle Homes on .99 acre with city water. 1st owner was a Quality controller for the Builder. The home is elegant & open and features Red Mahogany floors with Tiled Medallion in foyer. Gourmet kitchen with large walk-in pantry, kitchen island w/swivel barstools, all stainless steel appliances, double ovens with elec. range also plumbed for gas. 42'' maple cabinetry and zodiac countertops. Built in custom breakfast nook. Two-sided fireplace for the living room & master bedroom. The high ceilings & large rooms offer comfortable living throughout. You will enjoy the designer heated saltwater pool spa & waterfall while entertaining on the patio with a summer kitchen. Plantation Shutters. Storm shutters, and much more. All room sizes approximate
Unit Size
-
Days on Market
-
Land Size
0.99 acres
Price per sqft
-
Property Type
House
Property Taxes
$431
HOA Dues
-
Year Built
2006

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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: 2 years ago (Space Coast MLS #835953)

Price History

Date / Event Date Event Price
Jun 3, 2019 Sold
Premium
Sold
Feb 2, 2019 Listed by Dealmakers Realty, Inc. $557,500
Listed by Dealmakers Realty, Inc.
Jul 7, 2008 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2010
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • 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: 772
  • Parking Space Count: 3
  • Patio Type: 38
  • Porch Type: 126
  • Pool Type: 8
  • Location Influence Type: 179

    Dimensions

  • Lot Size Square Feet: 43,124
  • Total Building Area: 4,175
  • Gross Building Area: 4,175
  • Building Area: 2,968
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,968
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DEERWOOD TRAIL SURV
  • Land Acres: 0000000990
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • State Land Use Code: 001
  • Legal Description 1: PART OF NE 1/4 OF SW 1/4 AS DES IN ORB 2349 PG 497

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 064126

Zoning

  • Zoning: REU

Geography

  • Assessors Map Reference: 264
  • Account Number: 2700566
  • Parcel: 27-36-02-00-00591.0-0000.00
  • Block: 591
  • Meridian: SEC 02 TWN 27S RNG 36E
  • Municipality: MELBOURNE
  • Latitude: 28.1638
  • Longitude: -80.6992

    Address

  • Full Address: 3451 Wilderness Ln
  • Address - House Number: 3451
  • Address - Street Name: Wilderness
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Melbourne
  • Carrier Code: R155
  • 4-Digit Zip Code: 8418
  • Zip Code: 32934

Valuation

    Tax

  • Total Area: 3,540
  • Tax Year: 2022
  • Tax Amount: $408,795
  • Tax Rate Code Area: 43K0

    Appraisal Valuation

  • Standard Deviation: 0.1778
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 77
  • Final Value: 807,572
  • High Value: 951,192
  • Low Value: 663,952

    Market Valuation

  • Market Total Value: $599,060

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $274,730

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 31, 2019
  • Current Sale Recording Date: Jun 03, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2019118619
  • Previous Sale Recording Date: Jul 07, 2008
  • Previous Sale Contract Date: Jun 24, 2008
  • Previous Sale Amount: $479,000
  • 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 Melbourne

Stats & Trends

Median Asking:

$310,000

Sale Price/ft²

$213

Below Asking

0.02%

Average Days on Market

65

Average Home Size

1647 ft²

Average Home Age

38 years

Currently For Sale

527 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 3133 Cauthen Creek Drive, Melbourne, FL, 32934

$2,500 /mo

  • 3 Beds
  • 2 Baths
  • 2,195 ft²
3133 Cauthen Creek Drive, Melbourne, FL, 32934 Listing by Karen Gunn-Bardot

Rentals Near You

Click here to view more rentals in the neighborhood.
SpaceCoast

Listed by: Steven G Gailey, Dealmakers Realty, Inc.
Last Updated: 2 years ago
Data Source: Space Coast MLS, MLS# 835953
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 3451 Wilderness Lane built and last sold?
The property at 3451 Wilderness Lane was built in 2006 and last sold on May 31, 2019 for $540,000.
How much is this home worth?
The estimated value of the home located at 3451 Wilderness Lane is $563,075.
What are some comparable homes to 3451 Wilderness Lane?
There are currently no comparable homes to 3451 Wilderness Lane.
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