Discover serenity in Cocoa, FL! This 4-bed, 3-bath home on a spacious one acre lot offers the perfect blend of comfort and convenience in a tranquil setting. The large open lot provides ample room for outdoor activities, gardening, or even adding a pool - the choice is yours. In the fully fenced back yard, the RV pad with electric hookup offers the convenience of storing or servicing your RV right at home. Plus, with its close proximity to major highways, you'll enjoy effortless travel to nearby attractions including Cocoa Beach, Kennedy Space Center, and Orlando theme parks. Perfect for families or retirees seeking comfort and convenience in a serene neighborhood. New roof in 2019.
Property Details
Property Features
Property Information:
Architectural Style: Ranch
Year Built: 1994
Stories: 1
Living Area: 2,522 SqFt
Listing Office:
Office Name: Epique Realty
Office Phone: (888) 893-3537
Listing Agent: Liz Becker, Tim Street
Interior Features
Interior Information:
Appliances: Dishwasher, Dryer, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave, Refrigerator, Washer
Flooring Type: Tile, Vinyl
Interior: Ceiling Fan(s), Solar Tube(s), Walk-In Closet(s)
Saturn Elementary School, Public District Grades KG-6
Other
Directions Information:
Directions: From I-95, take exit 202 onto SR-542 toward Cocoa. Head East on SR-524. At next stop light, turn left onto Friday Road. Turn left onto Timber Lane Drive. The property will be on your right.
Price Information
Listing Price Info
Price Summary:
List Price: $500,000
Price Per SqFt: $198/SqFt
Tax Information:
Annual Amount: $2,275
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Cocoa, FL.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$2,563
Per Month
Principal & Interest
$2,496
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,566
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
3
/10
Saturn Elementary School
880 N Range Rd
Distance between this listing and this school2.36 miles
Public District Grades KG-6
High School
2
/10
Cocoa High School
2000 Tiger Trl
Distance between this listing and this school2.21 miles
Public District Grades 7-12
Assigned Schools
3
/10
Saturn Elementary School
880 N Range Rd
Distance between this listing and this school2.36 miles
Public District Grades KG-6
Nearby Schools
4
/10
Cambridge Elementary School
2000 Cambridge Dr
Distance between this listing and this school3.42 miles
Public Magnet Grades KG-6
1
/10
Endeavour Elementary School
905 Pineda St
Distance between this listing and this school3.64 miles
Public Magnet Grades KG-6
Nearby Schools
3
/10
Emma Jewel Charter Academy
705 Blake Ave
Distance between this listing and this school4.60 miles
Public Charter Grades KG-8
3
/10
Ronald McNair Middle School
1 Challenger Dr
Distance between this listing and this school4.83 miles
Public Magnet Grades 7-8
4
/10
John F. Kennedy Middle School
2100 Fiske Blvd
Distance between this listing and this school5.60 miles
Public District Grades 7-8
Assigned Schools
2
/10
Cocoa High School
2000 Tiger Trl
Distance between this listing and this school2.21 miles
Public District Grades 7-12
Nearby Schools
1
/10
North/Central Area Alternative Learning Center
1535 Cogswell St
Distance between this listing and this school5.67 miles
Public District Grades 6-12
3
/10
Rockledge High School
220 Rockledge Ave
Distance between this listing and this school5.82 miles
The neighbors living near this home have an average income of $88,000. The most common annual income of people living in Cocoa, FL is between $35k-100k. Typical family type is 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 5020 Timber Lane Dr
What is the listing price of this property?
The listing price of 5020 Timber Lane Dr property is $500,000.
What type of property is this?
The property 5020 Timber Lane Dr is a house located in Cocoa, Florida, 32926.
Is this property for sale now?
Coming Soon: 5020 Timber Lane Dr is Coming Soon. This listing has not previously been on the market, but will be on the market soon (no showings are allowed yet). A listing contract has been executed.
What are the assigned schools for this property?
The assigned schools for 5020 Timber Lane Dr are: Saturn Elementary School: GreatSchools Rating 3/10Cocoa High School: GreatSchools Rating 2/10
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $2,275 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on June 16, 2005 for $365,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 5020 Timber Lane Dr has 4 bedrooms and 3 bathrooms.
What is the square footage of this property?
The property 5020 Timber Lane Dr is 2,522 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 5020 Timber Lane Dr is 1994.
This home is located at 5020 Timber Lane Dr in Cocoa, FL and zip code 32926 in the Timber Lane neighborhood. This 2,522 square foot home, which was built in 1994, sits on a 1.00 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 09, 2024 and is currently priced at $500,000.
While more than 9 listings in Cocoa, FL in April 2024 were sold above asking price, there were more than 24 listings sold at asking price, and more than 59 were sold below. The inventory of homes for sale in Cocoa, FL between March 2024 and April 2024 decreased by 4.9%. Listings spent 53 days on the market in April 2024, and had a median list price of $308,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.