25 days on rocket

1503 Payette Ln, Melbourne, FL, 32904

$634,000

Home List Price

$7,529*

Closing Credit

5 Bedrooms
3 Full Baths
3,622 SqFt
$175/SqFt
House
Schools Nearby

Location

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1503 Payette Ln, Melbourne$634,000

Buyer Closing Credits

$7,529*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Garage, Garage Door Opener
Attached Garage2 spaces
Year Built2003
HeatingCentral, Electric
CoolingCentral Air, Electric
FireplaceWood Burning
ViewPond, Trees/Woods
MLS #1012853
Lot Size0.19 Acres
StatusActive

About 1503 Payette Ln

Welcome HOME to a SPACIOUS 2-story nestled in the picturesque Oak Grove subdivision, boasting breathtaking water and conservation views. This well-maintained home is in a prime location near top-rated Meadowlane school. Enjoy the luxury of abundant space with 2 bonus rooms! Kitchen features granite counters, 42'' cabinets, and crown molding. Entertain effortlessly in the generously sized living/dining area, family room, sun-room, and loft complete with a cozy fireplace. Versatile Layout: This home caters to diverse needs with a large bonus room, and loft ideal for recreation or relaxation. Discover convenience with two laundry rooms, one on each floor, ensuring practicality for modern living. Guest or In-law Suite on 1st floor with 2nd Master BR with bath, providing a private retreat. Step into your own outdoor paradise featuring a covered brick paver patio and a fully fenced yard. Garage depth extended by 4 feet and a widened driveway. Pre-wired for a pool/spa. Roof DEC 2022

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 2003
  • Stories: 2
  • Living Area: 3,622 SqFt

Listing Office:

  • Office Name: Real Broker LLC
  • Office Phone: (855) 450-0442
  • Listing Agent: Soryda Ring

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Flooring Type: Carpet, Tile
  • Interior: Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen, Kitchen Island, Open Floorplan, Pantry, Primary Bathroom -Tub with Separate Shower, Primary Downstairs, Walk-In Closet(s)
  • Fireplace: Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • View: Pond, Trees/Woods

Parking Information:

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

Lot Features

Lot Information:

  • Lot: Sprinklers In Front, Sprinklers In Rear, Wooded, Other
  • Lot Size: 0.19 Acres

Utilities

Utilities Information:

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

School Info

Assigned Schools Information:

  • Melbourne High School, Public District Grades 9-12
  • Central Middle School, Public Magnet Grades 7-8
  • Meadowlane Intermediate School, Public District Grades 3-6

Other

Directions Information:

  • Directions: From I-95 exit onto Route 192 East. Head East, then turn South onto Hollywood. From Hollywood take a Left (East) on Florida Avenue then Right (South) on Hollister Drive, then Right (West) on Payette Lane. 1503 Payette Lane is on the South side of the street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $634,000
  • Price Per SqFt: $175/SqFt

HOA Fees:

  • Amount: $437
  • Frequency: Annually
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Housing Market Comparison

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

Med. Sold Price

$408.7K

Med. Price/SqFt

$234

Avg. Days On Market

46

# of Sold Homes

285

1503 Payette Ln vs Melbourne

25 DAYS ON ROCKET

-21 Days

$634,000

+$225.2K More

$175/SqFt

-$59 Less

KEY TAKEAWAY

This property is $225.2K more than the Median Sold Price and $59/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: #1012853

Listing Office:

  • Office Name: Real Broker LLC
  • Office Phone: (855) 450-0442
  • Listing Agent: Soryda Ring

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: 5/29/2024, 12:50:39 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

Dec 30, 2003Home Sold
$278,600

History based on county public records data.

Payment Calculator

$3,268

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,967

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-4223343
5
/10
  • Meadowlane Intermediate School

  • 2700 Wingate Blvd

  • 1.23 miles

  • Public District Grades 3-6

Middle School

school-card-donut-4223344
3
/10
  • Central Middle School

  • 2600 Wingate Blvd

  • 1.08 miles

  • Public Magnet Grades 7-8

High School

school-card-donut-4223345
5
/10
  • Melbourne High School

  • 74 Bulldog Blvd

  • 2.98 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $83,013. Most Melbourne, FL residents have annual incomes between $35k-100k. The most common type of family is 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 1503 Payette Ln

What is the listing price of this property?

The listing price of 1503 Payette Ln property is $634,000.

What type of property is this?

The property 1503 Payette Ln is a house located in Melbourne, Florida, 32904.

Is this property for sale now?

Active Listing: 1503 Payette Ln is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1503 Payette Ln are:
Meadowlane Intermediate School: GreatSchools Rating 5/10
Central Middle School: GreatSchools Rating 3/10
Melbourne High School: GreatSchools Rating 5/10

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

The last sale was on December 30, 2003 for $278,600. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1503 Payette Ln has 5 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 1503 Payette Ln is 3,622 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1503 Payette Ln is 2003.

Rocket HomesFloridaBrevard CountyMelbourne329041503 Payette Ln

This home is located at 1503 Payette Ln in Melbourne, FL and zip code 32904 in the Oak Grove At West Melbourne neighborhood. This 3,622 square foot home, which was built in 2003, sits on a 0.19 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 03, 2024 and is currently priced at $634,000.

In April 2024, from all listings sold in Melbourne, FL there were more than 27 sold above asking price, over 182 sold below and more than 76 were sold right at the asked price. The number of homes for sale in Melbourne, FL increased by 6.4% between March 2024 and April 2024. Listings spent 46 days on the market in April 2024, and had a median list price of $408,732 during the same period.

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

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