When was property at 478 Melrose Lane built and last sold?

The property at 478 Melrose Lane was built in 1994 and last sold on Sep 8, 2021 for $300,000.

How much is this home worth?

The estimated value of the home located at 478 Melrose Lane is $434,416.

What are some comparable homes to 478 Melrose Lane?

There are currently no comparable homes to 478 Melrose Lane.

Sebastian

32958

478 Melrose Lane

Sold on Aug 31, 2026

Map

$415,000

● House - Off Market

478 Melrose Lane

Sebastian, FL 32958

3 Beds

2 Baths

1,471 Ft²

$2,467

Est. Monthly

About This Property

Not all pool homes are created equal. Some need work. Some need updating. AND THEN THERE'S THIS ONE. Lovingly maintained by owners who treated every project as if it were their forever home, this designer-inspired home is the definition of move-in ready. Newer roof, AC, flooring, lighting & countless improvements complement the two-tone granite kitchen & sleek modern baths. Fenced yard w/lush lawn, pristine landscaping & sparkling saltwater pool--every detail has been improved & impeccably cared for. The kind of home where even the weeds don't stand a chance. Just unpack, relax & enjoy.

Unit Size

1,471 Ft²

Days on Market

46 days

Land Size

0.25 acres

Price per sqft

$296

Property Type

House

Property Taxes

$330

HOA Dues

Year Built

1994

Payment Calculator

Cap Rate Calculator

Last updated: 24 days ago (Indian River #298670)

Price History

Date / Event	Date	Event
Aug 31, 2026	Sold	Premium
Sold
Jul 21, 2026	In contract	-
In contract
Jul 16, 2026	Listed by Dale Sorensen Real Estate Inc.	$435,000
Listed by Dale Sorensen Real Estate Inc.
Oct 6, 2021	No longer available	-
No longer available
Sep 10, 2021	Sold	Premium
Sold
Jul 28, 2021	In contract	-
In contract
Jul 26, 2021	Listed by Dale Sorensen Real Estate Inc.	$289,000
Listed by Dale Sorensen Real Estate Inc.
Apr 8, 2015	Sold	Premium
Sold
Feb 25, 2014	Listed by Billero & Billero Properties	$139,995
Listed by Billero & Billero Properties

	Melrose Lane, pretty much says it all! This cute 3/2 on a corner lot, has oversized garage, tile throughout, nestled in one of Sebastian's nicest neighborhoods. Only minutes to beach, shopping, and schools. A great home to watch your children grow or your grandchildren play! Priced to sell, hurry this could be the one! ROI for investors approx. 8.7% per 2012 taxes. $1175/month income.
Aug 22, 2012	Sold	Premium
Sold
Jul 2, 2012	Listed by Dale Sorensen Real Estate Inc.	$114,500
Listed by Dale Sorensen Real Estate Inc.

Property Highlights

Garage

Air Conditioning

Building Info

Overview

General

Year Built: 1994

Effective Year Built: 1994
Building Count: 1
Total Rooms: 6
Bedroom Count: 3
Bathroom Count: 2
Full Bathrooms: 2
Partial Bathrooms: 2
Bathroom Plumbing Fixtures: 6
Building Condition: 0
Building Quality: 7
Construction Type: 17
Building Style: 25
Exterior Walls Type: 19
Interior Walls Type: 3
Roof Shape Type: 8
Roof Cover Type: 15
Floor Count: 100
Living Units: 1
Floor Cover: 9
Basement Type: 0
Basement Area: 0
Parking Type: 6
Garage Type: 1
Garage Square Area: 462
Parking Space Count: 2
Patio Type: 12
Porch Type: 111
Pool Type: 0
Location Influence Type: 131

Dimensions

Lot Size Square Feet: 10,890

Lot Size Depth Feet: 918
Lot Size Frontage Feet: 1,188
Total Building Area: 1,933
Gross Building Area: 2,149
Building Area: 1,471
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 1

Heating: 4
Heated Square Feet: 1,471
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: SEBASTIAN HIGHLANDS UNIT 6
Land Acres: 0000000250
Standard Land Use Code: 1001
County Land Use Code: 0100
State Land Use Code: 01
Legal Description 1: SEBASTIAN HIGHLANDS UNIT 6 BLK 190 LOT 25 PBI 5-93

Neighborhood

School District Name: Indian River County School District

Census Tract: 050806

Zoning

Zoning: RS-10

Geography

Parcel: 31-38-13-00001-1900-00025.0

Block: 190
Lot: 25
Meridian: SEC 13 TWN 31S RNG 38E
Municipality: CITY OF SEBASTIAN
Latitude: 27.7843
Longitude: -80.4839

Address

Full Address: 478 Melrose Ln

Legal Unit: 6
Address - House Number: 478
Address - Street Name: Melrose
Address - Suffix Type: Ln
State: FL
City Name: Sebastian
Carrier Code: R009
4-Digit Zip Code: 4985
Zip Code: 32958

Valuation

Tax

Total Area: 1,798

Tax Year: 2022
Tax Amount: $322,527
Tax Rate Code Area: 2

Appraisal Valuation

Standard Deviation: 0.2064

Valuation Date: Jan 03, 2024
Confidence Score: 72
Final Value: 355,732
High Value: 429,175
Low Value: 282,290

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

Premium
First Open Lien Mortgage Lender:

Premium
First Open Lien Mortgage Recording Date:

Premium
First Open Lien Mortgage Loan Amount:

Premium
First Open Lien Mortgage Term:

Premium
First Open Lien Mortgage Position:

Premium
First Open Lien Mortgage Loan Type:

Premium
First Open Lien Mortgage Loan Due Date:

Premium

Market Valuation

Market Total Value: $227,077

Market Land Value: $45,051
Market Improvement Value: $182,026

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $227,077
Assessed Land Value: $45,051
Assessed Improvements Value: $182,026

Sales

Current Sale Contract Date: Sep 08, 2021

Current Sale Recording Date: Sep 10, 2021
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 3120210064037
Previous Sale Recording Date: Aug 22, 2012
Previous Sale Contract Date: Aug 08, 2012
Previous Sale Amount: $107,500
Previous Sale Document Type: 71

Last Sale Mortgage

First Mortgage Lender:

Premium

First Mortgage Transaction Date:

Premium
First Mortgage Loan Amount:

Premium
First Mortgage Terms:

Premium
First Mortgage Loan Type:

Premium
First Mortgage Loan Due Date:

Premium

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

Request mortgage information redaction

Comparables

About Sebastian

Stats & Trends

Median Asking:

$369,900

Sale Price/ft²

$222

Below Asking

0.02%

Average Days on Market

Average Home Size

1813 ft²

Average Home Age

26.8 years

Currently For Sale

142 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 757 Beard Avenue, Sebastian, FL, 32958

$3,000 /mo

3 Beds
2 Baths
1,232 ft²

757 Beard Avenue, Sebastian, FL, 32958 Listing by Justin Spencer

Unit for rent at 990 Genesee Avenue, Sebastian, FL, 32958

$3,000 /mo

3 Beds
2 Baths
1,972 ft²

990 Genesee Avenue, Sebastian, FL, 32958 Listing by Erica V Ogilvie

Unit for rent at 1379 Scroll Street, Sebastian, FL, 32958

$3,000 /mo

2 Beds
2 Baths
1,130 ft²

1379 Scroll Street, Sebastian, FL, 32958 Listing by Erica V Ogilvie

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Robin M Burgarella, Dale Sorensen Real Estate Inc.
Last Updated: 24 days ago
Data Source: RAIRC, MLS# 298670

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.