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Backup Offers

1659 Palm Ridge Rd, Melbourne, FL, 32935

$185,000

Home List Price

$2,197*

Closing Credit

2 Bedrooms
1 Full Bath
768 SqFt
$241/SqFt
House
Schools Nearby

Location

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1659 Palm Ridge Rd, Melbourne$185,000

Buyer Closing Credits

$2,197*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingOther
Year Built1948
HeatingElectric, Heat Pump
CoolingCentral Air, Electric
MLS #1008183
Lot Size0.17 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 1659 Palm Ridge Rd

This cozy 2 bed recently updated 1 bath home has a newer metal roof with a side door entrance. wood floors, washer n dryer and updated electrical.

Property Details

Property Features

Property Information:

  • Year Built: 1948
  • Stories: 1
  • Living Area: 768 SqFt

Listing Office:

  • Office Name: LoKation
  • Office Phone: (954) 545-5583
  • Listing Agent: Lane Hines

Interior Features

Interior Information:

  • Appliances: Dryer, Electric Range, Electric Water Heater, Refrigerator, Washer
  • Flooring Type: Tile, Wood
  • Interior: Ceiling Fan(s), Open Floorplan

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Other

Virtual/3D Tour

  • Virtual Tour: 1659 Palm Ridge Rd

Virtual Tour

Lot Features

Lot Information:

  • Lot: Dead End Street
  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Electric, Heat Pump
  • Cooling: Central Air, Electric

School Info

Assigned Schools Information:

  • Eau Gallie High School, Public District Grades PK-12
  • Lyndon B. Johnson Middle School, Public District Grades 7-8
  • Dr. W. J. Creel Elementary School, Public District Grades PK-6

Other

Directions Information:

  • Directions: US1 to West on Lake Washington, South on Stewert Road, West on Palm Ridge Road. home is on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $185,000
  • Price Per SqFt: $241/SqFt

Tax Information:

  • Annual Amount: $1,095
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$403.3K

Med. Price/SqFt

$232

Avg. Days On Market

42

# of Sold Homes

268

1659 Palm Ridge Rd vs Melbourne

39 DAYS ON ROCKET

-3 Days

$185,000

-$218.3K Less

$241/SqFt

+$9 More

KEY TAKEAWAY

This property is $218.3K less than the Median Sold Price and $9/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: #1008183

Listing Office:

  • Office Name: LoKation
  • Office Phone: (954) 545-5583
  • Listing Agent: Lane Hines

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: 4/27/2024, 12:50:21 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 13, 2015Home Sold
$35,000
Aug 28, 2009Home Sold
$20,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,095$67,690
2019$990$44,220
2018$912$58,840
2017$912$50,130

History based on county public records data.

Payment Calculator

$991

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$621

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-985154
3
/10
  • Dr. W. J. Creel Elementary School

  • 2000 Glenwood Dr

  • 0.32 miles

  • Public District Grades PK-6

Middle School

school-card-donut-985155
3
/10
  • Lyndon B. Johnson Middle School

  • 2155 Croton Rd

  • 0.42 miles

  • Public District Grades 7-8

High School

school-card-donut-985156
3
/10
  • Eau Gallie High School

  • 1400 Commodore Blvd

  • 0.97 miles

  • Public District Grades PK-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $47,966. Residents of Melbourne, FL typically earn between $35k-100k each year. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1659 Palm Ridge Rd

What is the listing price of this property?

The listing price of 1659 Palm Ridge Rd property is $185,000.

What type of property is this?

The property 1659 Palm Ridge Rd is a house located in Melbourne, Florida, 32935.

Is this property for sale now?

Accepting Backup Offers: 1659 Palm Ridge Rd is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 1659 Palm Ridge Rd are:
Dr. W. J. Creel Elementary School: GreatSchools Rating 3/10
Lyndon B. Johnson Middle School: GreatSchools Rating 3/10
Eau Gallie High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,095 (source: MLS/based on county public records data).

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

The last sale was on July 13, 2015 for $35,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1659 Palm Ridge Rd has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 1659 Palm Ridge Rd is 768 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1659 Palm Ridge Rd is 1948.

Rocket HomesFloridaBrevard CountyMelbourne329351659 Palm Ridge Rd

This home is located at 1659 Palm Ridge Rd in Melbourne, FL and zip code 32935 in the Palm Ridge Estates neighborhood. This 768 square foot home, which was built in 1948, sits on a 0.17 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since March 18, 2024 and is currently priced at $185,000.

In March 2024 more than 19 listings in Melbourne, FL were sold above the asking price. During the same period more than 76 listings were sold at asking price, while more than 173 were sold below. The number of listings in Melbourne, FL increased by 11.8% between February 2024 and March 2024. In March 2024 median list price was $403,349 and the average listing age was 42 days.

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

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