5 months on rocket

114 Preston Ln, Melbourne, FL, 32935

$118,250

Home List Price

$1,404*

Closing Credit

1 Bedroom
1 Full Bath
544 SqFt
$217/SqFt
Condo

Location

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114 Preston Ln, Melbourne$118,250

Buyer Closing Credits

$1,404*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned
Year Built1977
HeatingCentral, Electric
CoolingCentral Air, Electric
MLS #1016011
Lot Size0.06 Acres
StatusActive

About 114 Preston Ln

Welcome to this beautifully remodeled 1-bedroom, 1-bath condo on the first floor. Enjoy the convenience of assigned parking near the condo and ample guest parking. The unit features newer AC, tile flooring, quartz countertops, and a modern vanity and light fixtures. The community boasts two pools, tennis and basketball courts, a playground, and on-site laundry. Centrally located in Melbourne, close to shopping, restaurants, Eastern Florida State College, and only 15 minutes to the beach. HOA fees cover all exterior maintenance, ensuring a low-maintenance lifestyle. Don't miss out—schedule a visit today!

Property Details

Property Features

Property Information:

  • Year Built: 1977
  • Stories: 1
  • Living Area: 544 SqFt

Listing Office:

  • Office Name: Blue Marlin Real Estate
  • Office Phone: (321) 877-2902
  • Listing Agent: Antonio Paxton Pizatella

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Assigned

Virtual/3D Tour

  • Virtual Tour: 114 Preston Ln
Virtual Tour

Lot Features

Lot Information:

  • Lot: Other
  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: .

Price Information

Listing Price Info

Price Summary:

  • List Price: $118,250
  • Price Per SqFt: $217/SqFt

HOA Fees:

  • Amount: $305
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $804
  • Tax Year: 2020
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Housing Market Comparison

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

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Melbourne, FL

City

Med. Sold Price

$420.8K

Med. Price/SqFt

$237

Avg. Days On Market

58

# of Sold Homes

237

114 Preston Ln vs Melbourne

169 DAYS ON ROCKET

+111 Days

$118,250

-$302.5K Less

$217/SqFt

-$20 Less

KEY TAKEAWAY

This property is $302.5K less than the Median Sold Price and $20/SqFt less 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: #1016011

Listing Office:

  • Office Name: Blue Marlin Real Estate
  • Office Phone: (321) 877-2902
  • Listing Agent: Antonio Paxton Pizatella

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: 11/22/2024, 1:20:56 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

Apr 19, 2002Home Sold
$22,800

Tax History

YEARPROP. TAXASSESSMENT
2020$804$40,810
2019$556$39,620
2018$524$32,610
2017$524$29,500

History based on county public records data.

Payment Calculator

$963

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$421

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.

Nearby Schools

school-card-donut-619776
3
/10

  • Dr. W. J. Creel Elementary School

  • 2000 Glenwood Dr

  • 0.90 miles

  • Public District Grades PK-6

school-card-donut-619777
4
/10

  • Croton Elementary School

  • 1449 Croton Rd

  • 1.10 miles

  • Public District Grades PK-6

school-card-donut-619778
3
/10

  • Sabal Elementary School

  • 1401 N Wickham Rd

  • 1.22 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $35,983. Residents of Melbourne, FL typically earn less than $35k each year. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 114 Preston Ln

What is the listing price of this property?

The listing price of 114 Preston Ln property is $118,250.

What type of property is this?

The property 114 Preston Ln is a condo located in Melbourne, Florida, 32935.

Is this property for sale now?

Active Listing: 114 Preston Ln is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $804 (source: MLS/based on county public records data).

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

The last sale was on April 19, 2002 for $22,800. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 114 Preston Ln has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 114 Preston Ln is 544 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 114 Preston Ln is 1977.

Rocket Homes›Florida›Brevard County›Melbourne›32935›114 Preston Ln

This home is located at 114 Preston Ln in Melbourne, FL and zip code 32935. This 544 square foot home, which was built in 1977, sits on a 0.06 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since June 05, 2024 and is currently priced at $118,250.

Over 12 listings were sold over their listed price in October 2024 in Melbourne, FL. In the same period over 160 listings were sold below the listed price and 65 listings were sold for the listed price. The number of homes for sale in Melbourne, FL increased by 2.1% between September 2024 and October 2024. Listings spent 58 days on the market in October 2024, and had a median list price of $420,837 during the same period.

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

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