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Viera West 32940
7015 Primavera Lane
$599,000
● House - Off Market

7015 Primavera Lane

Melbourne, FL 32940
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,378 Ft²
$664,734
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model

About This Property

Urban Viera- Lifestyle location! Live, Work, Play! The Alora w/ Bonus Room in Arrivas Village~ Enter! A private courtyard oasis leads you to your first floor-open concept L/R, D/R, kitchen w/SS Appliances including gas range plus a 1/2 bath and an intimate Master Suite. Wood tile plank floors, crown molding & plantation shutters throughout add to the ambiance. Large Bonus Room or 4th bdrm with full bath & Kitchenette over garage. Opposing staircase leads you to 2 bdrms w/ J&J Bath -double vanities and Laundry. Lots of space to spread out! Garage is air conditioned w/composite floor- currently set up as a game room!  Custom shelving & storage available to easily convert back to true garage space. This is a must see if living in the heart of Urban Viera is the lifestyle you're looking for!
Unit Size
2,378 Ft²
Days on Market
89 days
Land Size
0.08 acres
Price per sqft
$265
Property Type
House
Property Taxes
$360
HOA Dues
$623
Year Built
2014

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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: 5 months ago (Space Coast MLS #945184)

Price History

Date / Event Date Event Price
Dec 1, 2022 Sold
Premium
Sold
Sep 1, 2022 Listed by Ellingson Properties $629,900
Listed by Ellingson Properties
Sep 25, 2017 Sold
Premium
Sold
Aug 12, 2017 Listed by Ellingson Properties $424,900
Listed by Ellingson Properties
Aug 26, 2015 Sold
Premium
Sold
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2014
  • Effective Year Built: 2016
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 0
  • Building Quality: 2
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 4
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 433
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 126
  • Pool Type: 0
  • Location Influence Type: 179

    Dimensions

  • Lot Size Square Feet: 3,485
  • Total Building Area: 3,057
  • Gross Building Area: 3,057
  • Building Area: 2,378
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,378
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ARRIVAS VILLAGE - PHASE 1
  • Land Acres: 0000000080
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • State Land Use Code: 001
  • Legal Description 1: ARRIVAS VILLAGE - PHASE 1 LOT 2 BLK A

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 071201

Zoning

  • Zoning: PUD

Geography

  • Assessors Map Reference: MB 60 PG 6
  • Account Number: 2632493
  • Subdivision Phase Number: 1
  • Parcel: 26-36-09-76-0000A.0-0002.00
  • Block: A
  • Lot: 2
  • Meridian: SEC 09 TWN 26S RNG 36E
  • Municipality: UNINCORP DISTRICT 4
  • Latitude: 28.2368
  • Longitude: -80.7279

    Address

  • Full Address: 7015 Primavera Ln
  • Address - House Number: 7015
  • Address - Street Name: Primavera
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Melbourne
  • Carrier Code: R002
  • 4-Digit Zip Code: 7408
  • Zip Code: 32940

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $414,221
  • Tax Rate Code Area: 4200

    Appraisal Valuation

  • Standard Deviation: 0.1927
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 74
  • Final Value: 660,863
  • High Value: 788,258
  • Low Value: 533,468

    Market Valuation

  • Market Total Value: $485,610

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $332,620

    Sales

  • Current Sale Contract Date: Nov 28, 2022
  • Current Sale Recording Date: Dec 01, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 280033
  • Previous Sale Recording Date: Sep 25, 2017
  • Previous Sale Contract Date: Sep 20, 2017
  • Previous Sale Amount: $420,000
  • 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 West

Stats & Trends

Median Asking:

$539,900

Sale Price/ft²

$261

Below Asking

0.02%

Average Days on Market

70

Average Home Size

2277 ft²

Average Home Age

11 years

Currently For Sale

116 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 700 Trotter Lane, MELBOURNE, FL, 32940

$2,600 /mo

  • 3 Beds
  • 2 Baths
  • 1,811 ft²
700 Trotter Lane #204, MELBOURNE, FL, 32940 Listing by Ashley Langford
Unit for rent at 2547 Deercroft Drive, Melbourne, FL, 32940

$2,800 /mo

  • 4 Beds
  • 2 Baths
  • 1,902 ft²
2547 Deercroft Drive, Melbourne, FL, 32940 Listing by Jed P. Matricaria

Rentals Near You

Click here to view more rentals in the neighborhood.
SpaceCoast

Listed by: Gregory Ellingson, Ellingson Properties
Last Updated: 5 months ago
Data Source: Space Coast MLS, MLS# 945184
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 7015 Primavera Lane built and last sold?
The property at 7015 Primavera Lane was built in 2014 and last sold on Nov 28, 2022 for $599,000.
How much is this home worth?
The estimated value of the home located at 7015 Primavera Lane is $627,135.
What are some comparable homes to 7015 Primavera Lane?
There are currently no comparable homes to 7015 Primavera Lane.
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