When was property at 550 Lake Ashley Circle built and last sold?

The property at 550 Lake Ashley Circle was built in 1987 and last sold on May 11, 1998 for $170,000.

How much is this home worth?

The estimated value of the home located at 550 Lake Ashley Circle is $0.

What are some comparable homes to 550 Lake Ashley Circle?

There are currently no comparable homes to 550 Lake Ashley Circle.

West Melbourne

32904

Ashley Manor

550 Lake Ashley Circle

$450,000

● House - Off Market

550 Lake Ashley Circle

Melbourne, FL 32904

4 Beds

2 Baths, 1 Half Bath

2,370 Ft²

$2,595

Est. Monthly

$71

HOA / Fees

3.26%

Cap Rate

About This Property

Welcome home to the gated community of Ashley Manor! This spacious 4 bedroom, 2.5 bath home provides the living space, privacy, and features that are so hard to find at this unbeatable price. The BRAND NEW ROOF (Jan 2025) offers insurance savings and peace of mind. Plenty of room to gather in the family room around the fireplace or the spacious kitchen offering a center island, desk area, walk-in pantry, and nook with a lovely view out the bay window. Convenient pocket doors allow the formal living & dining room to be closed off for additional privacy. You'll appreciate the incredible amount of storage! Freshly painted interior w/neutral tones creates a warm, inviting atmosphere & versatile backdrop. The expansive Florida room overlooks the fenced-in backyard. Oversized garage with workbench and an extended driveway for additional parking. The neighborhood is connecting to city sewer, and the street is scheduled for repaving, enhancing both convenience and property values. CALL TODAY!

Unit Size

2,370 Ft²

Days on Market

Land Size

0.28 acres

Price per sqft

$200

Property Type

House

Property Taxes

$191

HOA Dues

$71

Year Built

1987

Payment Calculator

Cap Rate Calculator

Last updated: 6 months ago (Space Coast MLS #1034506)

Price History

Date / Event	Date	Event
Jun 24, 2025	Sold	Premium
Sold
May 23, 2025	In contract	-
In contract
May 13, 2025	Price Decreased	$475,000 ↓ $25K (5%)
Price Decreased
Apr 15, 2025	Relisted	$500,000
Relisted
Mar 22, 2025	No longer available	-
No longer available
Feb 22, 2025	Price Decreased	$500,000 ↓ $30K (5.7%)
Price Decreased
Jan 16, 2025	Listed by RE/MAX Aerospace Realty	$530,000
Listed by RE/MAX Aerospace Realty
May 14, 1998	Sold	Premium
Sold

Property Highlights

Garage

Air Conditioning

Fireplace

Building Info

Overview

General

Year Built: 1987

Effective Year Built: 2000
Building Count: 1
Bedroom Count: 4
Bathroom Count: 3
Full Bathrooms: 2
Partial Bathrooms: 3
Bathroom Plumbing Fixtures: 10
Building Condition: 0
Building Quality: 4
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: 574
Parking Space Count: 2
Patio Type: 5
Porch Type: 35
Pool Type: 0
Location Influence Type: 179

Dimensions

Lot Size Square Feet: 12,197

Lot Size Depth Feet: 1,200
Lot Size Frontage Feet: 1,000
Total Building Area: 3,290
Gross Building Area: 3,290
Building Area: 2,370
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 1
Heating: 3
Heated Square Feet: 2,370
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: ASHLEY MANOR
Land Acres: 0000000280
Standard Land Use Code: 1001
County Land Use Code: 0110
State Land Use Code: 001
Legal Description 1: ASHLEY MANOR LOT 7

Neighborhood

School District Name: Brevard County School District

Census Tract: 064601

Zoning

Zoning: R1AAA

Geography

Assessors Map Reference: 308

Account Number: 2705111
Parcel: 27-36-35-81-00000.0-0007.00
Lot: 7
Meridian: SEC 35 TWN 27S RNG 36E
Municipality: WEST MELBOURNE
Latitude: 28.0876
Longitude: -80.6959

Address

Full Address: 550 Lake Ashley Cir

Address - House Number: 550
Address - Street Name: Lake Ashley
Address - Suffix Type: Cir
State: FL
City Name: Melbourne
Carrier Code: C040
4-Digit Zip Code: 1985
Zip Code: 32904

Valuation

Tax

Total Area: 2,952

Tax Year: 2022
Tax Amount: $214,755
Tax Rate Code Area: 52V0

Appraisal Valuation

Standard Deviation: 0.1947

Valuation Date: Jan 03, 2024
Confidence Score: 74
Final Value: 569,025
High Value: 679,867
Low Value: 458,183

Market Valuation

Market Total Value: $402,900

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $170,340

Exemptions

Widow Exemption: Yes

Homeowner Exemption: Yes

Sales

Current Sale Contract Date: May 11, 1998

Current Sale Recording Date: May 14, 1998
Current Sale Price:

Premium
Current Sale Document Type: 71

Last Sale Mortgage

First Mortgage Lender:

Premium

First Mortgage Transaction Date:

Premium
First Mortgage Loan Amount:

Premium

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

Request mortgage information redaction

Comparables

About Ashley Manor

Stats & Trends

Median Asking:

$642,450

Sale Price/ft²

$247

Below Asking

0.04%

Average Days on Market

Average Home Size

2839 ft²

Average Home Age

38 years

Currently For Sale

2 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 4203 Palladian Way, Melbourne, FL, 32904

$2,300 /mo

3 Beds
2 Baths
1,488 ft²

4203 Palladian Way, Melbourne, FL, 32904 Listing by Gregory Ellingson

Unit for rent at 1312 Mcfarland Drive, West Melbourne, FL, 32904

$2,500 /mo

3 Beds
2 Baths
1,738 ft²

1312 Mcfarland Drive, West Melbourne, FL, 32904 Listing by Joseph Aponte

Unit for rent at 3640 Aria Drive, Melbourne, FL, 32904

$2,325 /mo

4 Beds
2 Baths
1,544 ft²

3640 Aria Drive, Melbourne, FL, 32904 Listing by Megan Patel

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Laura Forman, RE/MAX Aerospace Realty
Last Updated: 6 months ago
Data Source: Space Coast MLS, MLS# 1034506

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.

550 Lake Ashley Circle

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About Ashley Manor

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions