16 days on rocket

1491 Lago Mar Dr, Melbourne, FL, 32940

$415,000

Home List Price

$4,928*

Closing Credit

3 Bedrooms
2 Full Baths
1,545 SqFt
$269/SqFt
House
Schools Nearby

Location

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1491 Lago Mar Dr, Melbourne$415,000

Buyer Closing Credits

$4,928*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Garage Door Opener
Attached Garage2 spaces
Year Built2002
HeatingCentral
CoolingCentral Air
MLS #1010838
Lot Size0.14 Acres
StatusActive

About 1491 Lago Mar Dr

With impeccable attention to detail these owners have transformed this ''move-in ready'' residence located in the coveted Grand Isle; a 55+ gated community offering the perfect balance between privacy & an active, close-knit community! The floor-plan showcases high ceilings, abundant natural light & seamless flow from living space to the private porch. The kitchen boasts wood cabinets, solid surface countertops & new high-end appliances. The owner's suite features an updated ensuite & spacious walk-in closet. Additional highlights include tile & beautiful wood-look flooring, 2020 impact windows, 2024 HVAC & water heater, 2018 roof, 2021 solar panels (minimal electric bills!), new faucets, lighting, fans, plantation shutters & fresh interior/exterior paint. Residents enjoy clubhouse amenities such as heated pool, hot tub, pickleball, bocce, gym, social events & more. HOA covers lawn maintenance & exterior paint. Conveniently located near great shops, dining, quality medical facilities!

Property Details

Property Features

Property Information:

  • Year Built: 2002
  • Stories: 1
  • Living Area: 1,545 SqFt

Listing Office:

  • Office Name: RE/MAX Aerospace Realty
  • Office Phone: (321) 631-5511
  • Listing Agent: Teresa Ferrara

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Gas Range, Microwave, Refrigerator, Washer
  • Flooring Type: Laminate, Tile
  • Interior: Breakfast Bar, Breakfast Nook, Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, Open Floorplan, Pantry, Primary Bathroom - Shower No Tub, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached, Garage Door Opener

Virtual/3D Tour

  • Virtual Tour: 1491 Lago Mar Dr

Virtual Tour

Lot Features

Lot Information:

  • Lot: Sprinklers In Front, Sprinklers In Rear
  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Viera High School, Public District Grades PK-12
  • John F. Kennedy Middle School, Public District Grades 7-8
  • Quest Elementary School, Public District Grades KG-6

Other

Directions Information:

  • Directions: Grand Isle is located on the south side of Viera Blvd between US 1 & Murrell. Proceed through gate on Grand Isle Blvd. Take the first left. Lago Mar is a circle drive.

Price Information

Listing Price Info

Price Summary:

  • List Price: $415,000
  • Price Per SqFt: $269/SqFt

HOA Fees:

  • Amount: $289
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $1,454
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Melbourne, FL.

Map thumbnail provided by MapBox

Melbourne, FL

City

Med. Sold Price

$403.3K

Med. Price/SqFt

$232

Avg. Days On Market

42

# of Sold Homes

268

1491 Lago Mar Dr vs Melbourne

16 DAYS ON ROCKET

-26 Days

$415,000

+$11.6K More

$269/SqFt

+$37 More

KEY TAKEAWAY

This property is $11.6K more than the Median Sold Price and $37/SqFt more than other homes in Melbourne, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Space Coast MLS (Space Coast Association of REALTORS®)
  • MLS Number: #1010838

Listing Office:

  • Office Name: RE/MAX Aerospace Realty
  • Office Phone: (321) 631-5511
  • Listing Agent: Teresa Ferrara

IDX Copyright © 2024 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Space Coast Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 3:20:23 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 17, 2009Home Sold
$180,000
Aug 31, 2004Home Sold
$234,000
Aug 27, 2002Home Sold
$166,400

Tax History

YEARPROP. TAXASSESSMENT
2020$1,454$148,970
2019$2,542$145,630
2018$2,553$142,920
2017$2,553$139,990

History based on county public records data.

Payment Calculator

$2,428

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,311

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3189734
8
/10

  • Quest Elementary School

  • 8751 Trafford Dr

  • 3.09 miles

  • Public District Grades KG-6

Middle School

school-card-donut-3189735
4
/10

  • John F. Kennedy Middle School

  • 2100 Fiske Blvd

  • 4.64 miles

  • Public District Grades 7-8

High School

school-card-donut-3189736
7
/10

  • Viera High School

  • 6103 Stadium Pkwy

  • 1.76 miles

  • Public District Grades PK-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $69,034. Most Melbourne, FL residents have annual incomes between $35k-100k. Most families are married, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1491 Lago Mar Dr

What is the listing price of this property?

The listing price of 1491 Lago Mar Dr property is $415,000.

What type of property is this?

The property 1491 Lago Mar Dr is a house located in Melbourne, Florida, 32940.

Is this property for sale now?

Active Listing: 1491 Lago Mar Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1491 Lago Mar Dr are:
Quest Elementary School: GreatSchools Rating 8/10
John F. Kennedy Middle School: GreatSchools Rating 4/10
Viera High School: GreatSchools Rating 7/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,454 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 17, 2009 for $180,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1491 Lago Mar Dr has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1491 Lago Mar Dr is 1,545 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1491 Lago Mar Dr is 2002.

Rocket Homes›Florida›Brevard County›Melbourne›32940›1491 Lago Mar Dr

This home is located at 1491 Lago Mar Dr in Melbourne, FL and zip code 32940 in the Grand Isle neighborhood. This 1,545 square foot home, which was built in 2002, sits on a 0.14 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 13, 2024 and is currently priced at $415,000.

Melbourne, FL housing market in March 2024 saw over 19 listings sold above listed price, more than 76 sold at listed price and over 173 sold below. In March 2024 in Melbourne, FL there were 11.8% more homes for sale than in February 2024. The median list price of listings available in March 2024 was $403,349, while the average time on the real estate market was 42 days.

From Rocket Homes Real Estate and based on county public records data.

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