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Viera East 32955 Viera North
5161 Somerville Drive
$219,000
● House - Off Market

5161 Somerville Drive

Rockledge, FL 32955
bedrooms
3 Beds
bathrooms
2 Baths
$414,088
RealtyHop Estimate
88.65%
Since May 1, 2014
National-US
Primary Model

About This Property

Move in ready!! Spacious 3/2 pool home in the heart of Viera East, close to golf courses, shopping and only one block from A-rated school. Fantastic great room floor plan with open kitchen, lots of natural light and walk in pantry. This well maintained home boasts a quiet and private covered pool patio and screened deck overlooking a preserve. Master suite has his and hers walk in closets, double sinks and sliding glass door for direct access to the pool. An oversized garage provides ample room for vehicles and storage. All reasonable offers considered. Act now this beauty won't last long. Video Tour: http://youtu.be/_miK43ujB1c
Unit Size
-
Days on Market
-
Land Size
0.19 acres
Price per sqft
-
Property Type
House
Property Taxes
$218
HOA Dues
$200
Year Built
2002

Payment Calculator

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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: 3 years ago (Space Coast MLS #691264)

Price History

Date / Event Date Event Price
May 12, 2014 Sold
Premium
Sold
Mar 10, 2014 Listed by Haines Realty Group, Inc. $219,500
Listed by Haines Realty Group, Inc.
May 5, 2009 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2012
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: 0
  • Building Quality: 7
  • 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: 458
  • Parking Space Count: 2
  • Patio Type: 69
  • Porch Type: 126
  • Pool Type: 8
  • Location Influence Type: 235

    Dimensions

  • Lot Size Square Feet: 8,276
  • Lot Size Frontage Feet: 440
  • Total Building Area: 2,684
  • Gross Building Area: 2,684
  • Building Area: 1,998
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,998
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SOMERVILLE SUBDIVISION PHASE 2, VIERA NO
  • Land Acres: 0000000190
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • State Land Use Code: 001
  • Legal Description 1: SOMERVILLE SUBDIVISION PHASE 2, VIERA NORTH, PARCEL E-1 LOT 24 BLK A

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 063102

Zoning

  • Zoning: PUD

Geography

  • Assessors Map Reference: 221
  • Account Number: 2532636
  • Subdivision Phase Number: 2
  • Parcel: 25-36-27-27-0000A.0-0024.00
  • Block: A
  • Lot: 24
  • Meridian: SEC 27 TWN 25S RNG 36E
  • Municipality: VIERA/UNINCORP DISTRICT 4
  • Latitude: 28.2809
  • Longitude: -80.7204

    Address

  • Full Address: 5161 Somerville Dr
  • Address - House Number: 5161
  • Address - Street Name: Somerville
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Rockledge
  • Carrier Code: C019
  • 4-Digit Zip Code: 6702
  • Zip Code: 32955

Valuation

    Tax

  • Total Area: 2,330
  • Tax Year: 2022
  • Tax Amount: $256,287
  • Tax Rate Code Area: 430Y

    Appraisal Valuation

  • Standard Deviation: 0.1954
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 73
  • Final Value: 510,249
  • High Value: 609,964
  • Low Value: 410,535

    Market Valuation

  • Market Total Value: $357,370

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $159,540

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 28, 2014
  • Current Sale Recording Date: May 12, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2014094159
  • Previous Sale Recording Date: May 05, 2009
  • Previous Sale Contract Date: Apr 30, 2009
  • Previous Sale Amount: $160,000
  • 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 Viera North

Stats & Trends

Median Asking:

$449,000

Sale Price/ft²

$237

Below Asking

0.03%

Average Days on Market

58

Average Home Size

1973 ft²

Average Home Age

25.4 years

Currently For Sale

17 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 1749 Tullagee Avenue, Melbourne, FL, 32940

$2,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,807 ft²
1749 Tullagee Avenue, Melbourne, FL, 32940 Listing by Maureen G Harrell
Unit for rent at 2138 Caledonia Place, Melbourne, FL, 32940

$2,500 /mo

  • 4 Beds
  • 2 Baths
  • 1,902 ft²
2138 Caledonia Place, Melbourne, FL, 32940 Listing by Gregory Ellingson
Unit for rent at 925 Osprey Lane, Rockledge, FL, 32955

$2,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,834 ft²
925 Osprey Lane, Rockledge, FL, 32955 Listing by David White

Rentals Near You

Click here to view more rentals in the neighborhood.
SpaceCoast

Listed by: Erin Haines, Haines Realty Group, Inc.
Last Updated: 3 years ago
Data Source: Space Coast MLS, MLS# 691264
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 5161 Somerville Drive built and last sold?
The property at 5161 Somerville Drive was built in 2002 and last sold on Apr 28, 2014 for $219,000.
How much is this home worth?
The estimated value of the home located at 5161 Somerville Drive is $0.
What are some comparable homes to 5161 Somerville Drive?
There are currently no comparable homes to 5161 Somerville Drive.
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