For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Melbourne 32901 Magnolia Manor
705 Lund
$69,000
● House - Off Market

705 Lund

Melbourne, FL 32901
bedrooms
5 Beds
bathrooms
2 Baths
$148,997
RealtyHop Estimate
115.94%
Since Dec 1, 2012
National-US
Primary Model

About This Property

Short sale opportunity!Large, 5 bedroom, 2 bath home in West Melbourne. Close to the mall, movies, restaurants and only about ten minutes to I-95.Great neighborhood close to everything!
Unit Size
-
Days on Market
-
Land Size
0.20 acres
Price per sqft
-
Property Type
House
Property Taxes
$105
HOA Dues
-
Year Built
1957

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #640884)

Price History

Date / Event Date Event Price
Jun 23, 2022 Sold
Premium
Sold
Dec 5, 2012 Sold
Premium
Sold
May 16, 2012 Listed by Coldwell Banker Realty $69,000
Listed by Coldwell Banker Realty
Mar 26, 2003 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 6
  • 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: 1
  • Garage Square Area: 325
  • Parking Space Count: 1
  • Patio Type: 17
  • Porch Type: 126
  • Pool Type: 0
  • Location Influence Type: 179

    Dimensions

  • Lot Size Square Feet: 8,712
  • Lot Size Depth Feet: 1,150
  • Lot Size Frontage Feet: 750
  • Total Building Area: 2,126
  • Gross Building Area: 2,126
  • Building Area: 1,705
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,705
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAGNOLIA MANOR
  • Land Acres: 0000000200
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • State Land Use Code: 001
  • Legal Description 1: MAGNOLIA MANOR W 60 FT OF LOT 2 & E 15 FT OF LOT 3 BLK B

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 064701

Zoning

  • Zoning: R1A

Geography

  • Assessors Map Reference: 324
  • Account Number: 2818673
  • Parcel: 28-37-04-25-0000B.0-0002.00
  • Block: B
  • Lot: 2
  • Meridian: SEC 04 TWN 28S RNG 37E
  • Municipality: MELBOURNE
  • Latitude: 28.0844
  • Longitude: -80.6318

    Address

  • Full Address: 705 Lund Cir
  • Address - House Number: 705
  • Address - Street Name: Lund
  • Address - Suffix Type: Cir
  • State: FL
  • City Name: Melbourne
  • Carrier Code: C004
  • 4-Digit Zip Code: 4113
  • Zip Code: 32901

Valuation

    Tax

  • Total Area: 1,924
  • Tax Year: 2022
  • Tax Amount: $247,474
  • Tax Rate Code Area: 53K0

    Appraisal Valuation

  • Standard Deviation: 0.2023
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 72
  • Final Value: 257,070
  • High Value: 309,085
  • Low Value: 205,055

    Market Valuation

  • Market Total Value: $146,530

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $146,530

    Sales

  • Current Sale Contract Date: Jun 22, 2022
  • Current Sale Recording Date: Jun 23, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 157404
  • Previous Sale Recording Date: Dec 05, 2012
  • Previous Sale Contract Date: Nov 29, 2012
  • Previous Sale Amount: $69,000
  • 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 Magnolia Manor

Stats & Trends

Median Asking:

$225,000

Sale Price/ft²

$134

Below Asking

0.01%

Average Days on Market

38

Average Home Size

1544 ft²

Average Home Age

69 years

Currently For Sale

4 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 2220 Front Street, Melbourne, FL, 32901

$3,250 /mo

  • 3 Beds
  • 2 Baths
  • 1,791 ft²
2220 Front Street #303, Melbourne, FL, 32901 Listing by Justin Luke
Unit for rent at 1208 E River Drive, Melbourne, FL, 32901

$3,250 /mo

  • 3 Beds
  • 2 Baths
  • 1,898 ft²
1208 E River Drive #401, Melbourne, FL, 32901 Listing by Shannon Barnhart

Rentals Near You

Click here to view more rentals in the neighborhood.
SpaceCoast

Listed by: Donna M Linden, Coldwell Banker Realty
Last Updated: 3 years ago
Data Source: Space Coast MLS, MLS# 640884
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 705 Lund Circle built and last sold?
The property at 705 Lund Circle was built in 1957 and last sold on Jun 22, 2022 for $157,700.
How much is this home worth?
The estimated value of the home located at 705 Lund Circle is $0.
What are some comparable homes to 705 Lund Circle?
There are currently no comparable homes to 705 Lund Circle.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know
Popular Searches
Melbourne Homes for Sale
Melbourne Houses for Sale
Melbourne Condos for Sale
Melbourne Townhouses for Sale
Melbourne Multifamily for Sale
Melbourne Land for Sale
Melbourne Commercial for Sale
Melbourne Homes with Basements
Nearby Cities
Palm Bay Homes for Sale
Merritt Island Homes for Sale
Rockledge Homes for Sale
West Melbourne Homes for Sale
Cocoa Beach Homes for Sale
Viera West Homes for Sale
Micco Homes for Sale
Viera East Homes for Sale
Nearby Property Records
Brevard County, FL Property Records
Osceola County, FL Property Records
Indian River County, FL Property Records
Orange County, FL Property Records
Seminole County, FL Property Records
St. Lucie County, FL Property Records
Okeechobee County, FL Property Records
Highlands County, FL Property Records
Neighborhoods
Barefoot Bay Real Estate
Port Malabar Country Club Real Estate
Viera North Real Estate
Heritage Isle Real Estate
Indialantic by The Sea Real Estate
Suntree Real Estate
Bowe Gardens Real Estate
Indian River Colony Club Real Estate
Nearby Counties
Palm Bay Homes for Sale
Cocoa-Rockledge Homes for Sale
Indialantic-Melbourne Beach Homes for Sale
Cocoa Beach-Cape Canaveral Homes for Sale
Malabar Homes for Sale
West Brevard Homes for Sale
Melbourne Shores-Floridana Beach Homes for Sale
Top Real Estate Agents
Top Agents in Magnolia Manor
Top Agents in Melbourne
Top Agents in Palm Bay
Top Agents in Palm Bay
Top Agents in Cocoa-Rockledge
Top Agents in 32909
Top Agents in 32940
Top Agents in Indialantic-Melbourne Beach