When was property at 408 Iris Lane built and last sold?

The property at 408 Iris Lane was built in 1956 and last sold on May 16, 2016 for $79,900.

How much is this home worth?

The estimated value of the home located at 408 Iris Lane is $271,690.

What are some comparable homes to 408 Iris Lane?

There are currently no comparable homes to 408 Iris Lane.

Melbourne

32901

Tradewinds Homes

408 Iris Lane

Sold on Aug 8, 2024

Map

$250,000

● House - Off Market

408 Iris Lane

Melbourne, FL 32901

3 Beds

2 Baths

1,308 Ft²

$1,511

Est. Monthly

8.74%

Cap Rate

About This Property

Welcome Home! Being a short distance from Indian River provides frequent cool breezes nearly every day! Centrally located, it is near shopping, work, beaches, hospital, schools and more! Three bedrooms plus a 10x12 office or bonus room. The Entire home has been remodeled and upgraded. Kitchen has solid wood cabinets with self-closing drawers range with s/x oven, bar, and EZ view Stack Pantry. New blinds, ceiling fans w/light fixtures and tiled floors thruout.. Abundance of closets and storage space. Privacy fenced yard with lots of shade and a new Storage shed, also has Mango trees and a quaint back patio to enjoy drinks at sunset. Roof is only 3 yrs old. This home offers much more living area than others in this price range. Don't miss out! Make an appt to view today!

Unit Size

1,308 Ft²

Days on Market

76 days

Land Size

0.17 acres

Price per sqft

$206

Property Type

House

Property Taxes

$190

HOA Dues

Year Built

1956

Payment Calculator

Cap Rate Calculator

Last updated: 3 months ago (Space Coast MLS #1014947)

Price History

Date / Event	Date	Event
Aug 8, 2024	Sold	Premium
Sold
Jul 28, 2024	In contract	-
In contract
Jul 10, 2024	Price Decreased	$269,000 ↓ $10K (3.6%)
Price Decreased
May 21, 2024	Listed by Teamwork Realty/Appraisal Svc.	$279,000
Listed by Teamwork Realty/Appraisal Svc.
Jun 13, 2016	Sold	Premium
Sold
Jan 20, 2016	Listed by Teamwork Realty/Appraisal Svc.	$79,900
Listed by Teamwork Realty/Appraisal Svc.
Aug 4, 1998	Sold	Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

General

Year Built: 1956

Effective Year Built: 1985
Building Count: 1
Bedroom Count: 3
Bathroom Count: 2
Full Bathrooms: 2
Partial Bathrooms: 2
Bathroom Plumbing Fixtures: 8
Building Condition: 0
Building Quality: 10
Construction Type: 12
Building Style: 0
Exterior Walls Type: 15
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: 220
Parking Space Count: 1
Patio Type: 17
Porch Type: 35
Pool Type: 0
Location Influence Type: 179

Dimensions

Lot Size Square Feet: 7,405

Lot Size Depth Feet: 1,200
Lot Size Frontage Feet: 600
Total Building Area: 1,873
Gross Building Area: 1,873
Building Area: 1,150
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 1
Heating: 3
Heated Square Feet: 1,150
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: TRADEWINDS HOMES SUBD, REPLAT OF PT OF
Land Acres: 0000000170
Standard Land Use Code: 1001
County Land Use Code: 0110
State Land Use Code: 001
Legal Description 1: TRADEWINDS HOMES SUBD, REPLAT OF PT OF LOT 9 BLK M

Neighborhood

School District Name: Brevard County School District

Census Tract: 064800

Zoning

Zoning: R1A

Geography

Assessors Map Reference: 313

Account Number: 2729885
Parcel: 27-37-34-26-0000M.0-0009.00
Block: M
Lot: 9
Meridian: SEC 34 TWN 27S RNG 37E
Municipality: MELBOURNE
Latitude: 28.0945
Longitude: -80.6141

Address

Full Address: 408 Iris Ln

Address - House Number: 408
Address - Street Name: Iris
Address - Suffix Type: Ln
State: FL
City Name: Melbourne
Carrier Code: C012
4-Digit Zip Code: 1920
Zip Code: 32901

Valuation

Tax

Total Area: 1,503

Tax Year: 2022
Tax Amount: $190,973
Tax Rate Code Area: 53K0

Appraisal Valuation

Standard Deviation: 0.2177

Valuation Date: Jan 03, 2024
Confidence Score: 70
Final Value: 230,151
High Value: 280,259
Low Value: 180,043

Market Valuation

Market Total Value: $124,580

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $124,580

Sales

Current Sale Contract Date: May 16, 2016

Current Sale Recording Date: Jun 13, 2016
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 2016112466
Previous Sale Recording Date: Aug 04, 1998
Previous Sale Contract Date: Jul 31, 1998
Previous Sale Amount: $54,500
Previous Sale Document Type: 71

Previous Mortgages

Previous Mortgage Lender:

Premium

Previous Mortgage Transaction Date:

Premium
Previous Mortgage Financing Type:

Premium
Previous Mortgage Loan Amount:

Premium

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

Request mortgage information redaction

Comparables

About Tradewinds Homes

Stats & Trends

Median Asking:

$224,995

Sale Price/ft²

$202

Above Asking

0.00%

Average Days on Market

Average Home Size

1144 ft²

Average Home Age

70 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

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1 Bath
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Rentals Near You

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Listed by: Barbara Stusse, Teamwork Realty/Appraisal Svc.
Last Updated: 3 months ago
Data Source: Space Coast MLS, MLS# 1014947

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.