5 months on rocket

1360 Democracy Ave, Melbourne, FL, 32940

$375,000

Home List Price

$4,453*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
2,368 SqFt
$158/SqFt
House

Location

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1360 Democracy Ave, Melbourne$375,000

Buyer Closing Credits

$4,453*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Garage
Attached Garage2 spaces
Year Built1988
HeatingCentral, Electric, Heat Pump
CoolingCentral Air, Electric
ViewGolf Course, Pond
MLS #1020130
Lot Size0.24 Acres
StatusActive

About 1360 Democracy Ave

This lovely waterfront Washington Model home has golf course views, and is nestled on a quiet cul-de-sac, located in a military, country club community. This 3 bed/2.5 bath home is ready for its new owners! Lots of closets, cabinets, eat in kitchen, family room, living room, dining room, and laundry room provides plenty of square footage to spread out and do your own thing. The sunsets are spectacular over the lake, while you sit comfortably under A/C in your extra large Florida room. The outdoor spacious front courtyard gives you plenty of options and is perfect for that zen garden you've always wanted, space for your family pet, or just a place to chill and watch rocket launches from. 18-hole golf course, shuffleboard, bocce ball, tennis courts, fitness center, heated community swimming pool, full dining facilities with executive chef. Pet-friendly, 24-hr. gated community that has you feeling you are always on vacation with incredible home maintenance program. Must see!

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1988
  • Stories: 1
  • Living Area: 2,368 SqFt

Listing Office:

  • Office Name: Four Star Real Estate LLC
  • Office Phone: (321) 255-6000
  • Listing Agent: Robin Steininger, Shellie Raymond

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Electric Oven, Electric Range, Microwave, Refrigerator, Washer
  • Flooring Type: Carpet, Laminate, Tile
  • Interior: Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, Open Floorplan, Pantry, Primary Bathroom - Shower No Tub, Solar Tube(s), Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: Golf Course, Pond
  • Exterior: Courtyard, Storm Windows

Parking Information:

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

Virtual/3D Tour

  • Virtual Tour: 1360 Democracy Ave
Virtual Tour

Lot Features

Lot Information:

  • Lot: Cul-De-Sac, On Golf Course, Sprinklers In Front, Sprinklers In Rear, Other
  • Lot Size: 0.24 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: From Interstate 95, exit onto Wickham Road and head East. Turn North on Murrell Road to Indian River Colony Club's gated entrance on the right at Old Glory Blvd. (1936 Freedom Drive)

Price Information

Listing Price Info

Price Summary:

  • List Price: $375,000
  • Price Per SqFt: $158/SqFt

Tax Information:

  • Annual Amount: $1,455
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$420K

Med. Price/SqFt

$236

Avg. Days On Market

65

# of Sold Homes

183

1360 Democracy Ave vs Melbourne

150 DAYS ON ROCKET

+85 Days

$375,000

-$45K Less

$158/SqFt

-$79 Less

KEY TAKEAWAY

This property is $45K less than the Median Sold Price and $79/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: #1020130

Listing Office:

  • Office Name: Four Star Real Estate LLC
  • Office Phone: (321) 255-6000
  • Listing Agent: Robin Steininger, Shellie Raymond

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: 12/18/2024, 7:21:07 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

Mar 08, 2004Home Sold
$172,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,455$106,600
2019$1,380$104,210
2018$1,370$102,270
2017$1,370$100,170

History based on county public records data.

Payment Calculator

$1,939

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,191

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-4451705
6
/10
  • Ralph M. Williams Jr. Elementary School

  • 1700 Clubhouse Dr

  • 1.86 miles

  • Public District Grades PK-6

school-card-donut-4451706
9
/10
  • Manatee Elementary School

  • 3425 Viera Blvd

  • 2.19 miles

  • Public District Grades KG-6

school-card-donut-4451707
9
/10
  • Quest Elementary School

  • 8751 Trafford Dr

  • 2.42 miles

  • Public District Grades KG-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $69,034. The majority of Melbourne, FL residents have income between $35k-100k annually. The most common type of family 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 1360 Democracy Ave

What is the listing price of this property?

The listing price of 1360 Democracy Ave property is $375,000.

What type of property is this?

The property 1360 Democracy Ave is a house located in Melbourne, Florida, 32940.

Is this property for sale now?

Active Listing: 1360 Democracy Ave 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 $1,455 (source: MLS/based on county public records data).

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

The last sale was on March 8, 2004 for $172,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1360 Democracy Ave has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 1360 Democracy Ave is 2,368 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1360 Democracy Ave is 1988.

Rocket HomesFloridaBrevard CountyMelbourne329401360 Democracy Ave

This home is located at 1360 Democracy Ave in Melbourne, FL and zip code 32940 in the Indian River Colony Club neighborhood. This 2,368 square foot home, which was built in 1988, sits on a 0.24 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since July 20, 2024 and is currently priced at $375,000.

In November 2024 more than 6 listings in Melbourne, FL were sold above the asking price. During the same period more than 43 listings were sold at asking price, while more than 134 were sold below. The number of listings in Melbourne, FL increased by 2.9% between October 2024 and November 2024. While the average time on the market in November 2024 was 65 days, the median list price was $420,005.

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

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