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374 Murano Drive

374 Murano Drive, Melbourne, FL 32904
Property in Melbourne
Sold May 04, 2009
$165,000
$151,089 by Mhi Mortgage
Mortgage Due May 01, 2039
374 Murano Drive has been categorized by the local assessors in Melbourne, FL as a residential type of property. The building on the property was first built in 2008 and is 16 years old. However, we must point out that the home was most recently renovated and altered in 2022. In addition, 374 Murano Drive has 1,965 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 3,049 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a condo style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying both a unknown and a unknown. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with masonry control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The property was last sold in Apr 28, 2009 for $165,000. That's $83.97 per sqft. 374 Murano Drive was last assessed in 2022. The total value of the property was assessed at $139,780. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $1,666. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2008
  • Effective Year Built: 2022
  • Building Count: 1
  • Bedroom Count: 0
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Condo
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,049
  • Total Building Area: 1,965
  • Gross Building Area: 1,965
  • Building Area: 1,965
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,965
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: VILLAS OF WEST MELBOURNE
  • Land Acres: 0.07
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: VILLAS OF WEST MELBOURNE PHASE II, III UNIT 5-18 VILLAS OF WEST MELBOURNE CONDO PH II, III AS DESC IN ORB 5852 PG 4250 AND ALL AMENDMENTS THERETO

Ownership

  • Current Owner : WRIGHT GEORGE Y
  • Current Owner 2: WRIGHT CEMILE
  • Previous Owner : MERCEDES HOMES INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 065022

Geography

  • Account Number: 2866098
  • Subdivision Phase Number: II
  • Parcel: 28-37-05-00-00538.N-0000.00
  • Block: 538.N
  • Meridian: SEC 05 TWN 28S RNG 37E
  • Municipality: WEST MELBOURNE
  • Latitude: 28.0759
  • Longitude: -80.6472

    Address

  • Full Address: 374 Murano Dr
  • Legal Unit: 5-18
  • Address - House Number: 374
  • Address - Street Name: Murano
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Melbourne
  • Carrier Code: C045
  • 4-Digit Zip Code: 5149
  • Zip Code: 32904

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,666
  • Tax Rate Code Area: 34V0

    Appraisal Valuation

  • Standard Deviation: 0.1812
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 76
  • Final Value: 356,785
  • High Value: 421,457
  • Low Value: 292,113

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $151,089
  • First Open Lien Mortgage Lender: MHI MORTGAGE
  • First Open Lien Mortgage Recording Date: May 04, 2009
  • First Open Lien Mortgage Loan Amount: $151,089
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: May 01, 2039

    Market Valuation

  • Market Total Value: $236,210

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $139,780

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 28, 2009
  • Current Sale Recording Date: May 04, 2009
  • Current Sale Transaction ID: 1052382714
  • Current Sale Price: $165,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2009080610

    Last Sale Mortgage

  • First Mortgage Lender: MHI MORTGAGE
  • First Mortgage Transaction Date: May 04, 2009
  • First Mortgage Loan Amount: $151,089
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2039

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Frequently Asked Questions

What neighborhood is 374 Murano Drive located in?
The 374 Murano Drive is a located in the neighborhood of Melbourne in West Melbourne, Melbourne.
What is the average sales price for listings in 374 Murano Drive?
The average sales price for units in 374 Murano Drive is $0 currently.

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