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1487 Patriot Dr, Melbourne, FL, 32940

$345,000

Home List Price

$4,097*

Closing Credit

3 Bedrooms
2 Full Baths
1,843 SqFt
$187/SqFt
House

Location

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1487 Patriot Dr, Melbourne$345,000

Buyer Closing Credits

$4,097*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Garage
Attached Garage2 spaces
Year Built1993
HeatingCentral, Electric
CoolingCentral Air
ViewGolf Course, Pond
MLS #1029190
Lot Size0.18 Acres
StatusActive

About 1487 Patriot Dr

Welcome to your Florida retreat, located in a military, country club community. This Madison floor plan is situated directly on the lake and offers you a stunning golf course view and a peaceful lifestyle. With three spacious bedrooms, two bathrooms , and a convenient two car-garage, this home is designed to bring you relaxation and comfort. With limited carpet, making it easy to maintain and perfect for hosting friends and family. Updated kitchen countertops and a great screened lanai to enjoy your serene sunsets or peaceful mornings. Welcome home! Home to over 600 Military Veterans, Indian River Colony Club is a Private 55+ Country Club community with an extensive maintenance program for each home. It includes an18-hole golf course, fine dining restaurant with an executive chef & the 19th Hole restaurant and bar, fitness center, heated swimming pool, tennis courts, croquet, bocce ball, shuffleboard, and more. Pet-friendly, gated community with over 40 activities groups that have you feeling like you are on vacation.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1993
  • Stories: 1
  • Living Area: 1,843 SqFt

Listing Office:

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

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Microwave, Refrigerator
  • Flooring Type: Laminate
  • Interior: Ceiling Fan(s), Vaulted Ceiling(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: Golf Course, Pond

Parking Information:

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

Virtual/3D Tour

  • Virtual Tour: 1487 Patriot Dr
Virtual Tour

Lot Features

Lot Information:

  • Lot: On Golf Course, Other
  • Lot Size: 0.18 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air

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: $345,000
  • Price Per SqFt: $187/SqFt

Tax Information:

  • Annual Amount: $1,765
  • 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

1487 Patriot Dr vs Melbourne

6 DAYS ON ROCKET

-52 Days

$345,000

-$75.8K Less

$187/SqFt

-$50 Less

KEY TAKEAWAY

This property is $75.8K less than the Median Sold Price and $50/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: #1029190

Listing Office:

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

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: 11/15/2024, 10:20:55 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

Nov 20, 2006Home Sold
$245,000
May 05, 2000Home Sold
$148,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,765$86,920
2019$1,683$84,970
2018$1,667$83,390
2017$1,667$81,680

History based on county public records data.

Payment Calculator

$1,789

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,101

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-62437
6
/10

  • Ralph M. Williams Jr. Elementary School

  • 1700 Clubhouse Dr

  • 1.80 miles

  • Public District Grades PK-6

school-card-donut-62438
9
/10

  • Manatee Elementary School

  • 3425 Viera Blvd

  • 2.30 miles

  • Public District Grades KG-6

school-card-donut-62439
9
/10

  • Quest Elementary School

  • 8751 Trafford Dr

  • 2.57 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $97,509. Most Melbourne, FL residents have annual incomes between $100k-200k. Most families are married, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1487 Patriot Dr

What is the listing price of this property?

The listing price of 1487 Patriot Dr property is $345,000.

What type of property is this?

The property 1487 Patriot Dr is a house located in Melbourne, Florida, 32940.

Is this property for sale now?

Active Listing: 1487 Patriot Dr 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 $1,765 (source: MLS/based on county public records data).

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

The last sale was on November 20, 2006 for $245,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1487 Patriot Dr has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1487 Patriot Dr is 1,843 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1487 Patriot Dr is 1993.

Rocket Homes›Florida›Brevard County›Melbourne›32940›1487 Patriot Dr

This home is located at 1487 Patriot Dr in Melbourne, FL and zip code 32940 in the Viera neighborhood. This 1,843 square foot home, which was built in 1993, sits on a 0.18 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 09, 2024 and is currently priced at $345,000.

While more than 12 listings in Melbourne, FL in October 2024 were sold above asking price, there were more than 65 listings sold at asking price, and more than 160 were sold below. Between September 2024 and October 2024, Melbourne, FL real estate market has seen increase in the number of listings by 2.1%. While the average time on the market in October 2024 was 58 days, the median list price was $420,837.

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

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