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295 Oak Lake Rd, Melbourne, FL, 32901

$365,000

Home List Price

$4,334*

Closing Credit

3 Bedrooms
2 Full Baths
2,100 SqFt
$174/SqFt
House

Location

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295 Oak Lake Rd, Melbourne$365,000

Buyer Closing Credits

$4,334*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGarage
Garage2 spaces
Year Built1994
HeatingNatural Gas
CoolingCentral Air
ViewLake, Pond, Trees/Woods, Water
MLS #1025785
Lot Size0.23 Acres
StatusActive

About 295 Oak Lake Rd

Whether you're an investor adding to your rental portfolio or want to call this HOME, this is an idyllic location tucked amongst peaceful local community streets, and only minutes away from a variety of grocery and store shopping, restaurants, attractions, and local hospitals. Large open layout, and large windows overlooking professional landscaping, a screened in lanai with lake views and tropical birds and ducks. Fish from your own private backyard lake stocked with large mouth bass and carp. Welcome to your new sanctuary home! Corner house with 6-zone sprinkler system uses reclaimed water at no homeowner cost. Gas appliances saves money on electric. No carpet so easy to clean and maintain. The home also offers a split floor plan with bathroom access off the screened-in patio. Roof 2020, A/C 2016, Electrical panel 2021. Additional upgrades from 2019; garage door opener, irrigation, refrigerator, farm sink, ceiling fans, window treatments, and spare bath walk-in shower.

Property Details

Property Features

Property Information:

  • Year Built: 1994
  • Stories: 1
  • Living Area: 2,100 SqFt

Listing Office:

  • Office Name: Clear Realty, LLC.
  • Office Phone: (321) 241-4858
  • Listing Agent: Stephane Gregory

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Gas Range, Gas Water Heater, Microwave, Washer
  • Flooring Type: Tile, Other
  • Interior: Breakfast Nook, Ceiling Fan(s), Kitchen Island, Open Floorplan, Primary Bathroom -Tub with Separate Shower, Skylight(s), Split Bedrooms, Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: Lake, Pond, Trees/Woods, Water

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Garage

Virtual/3D Tour

  • Virtual Tour: 295 Oak Lake Rd
Virtual Tour

Lot Features

Lot Information:

  • Lot: Corner Lot, Many Trees, Sprinklers In Front, Sprinklers In Rear
  • Lot Size: 0.23 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From Babcock, turn E on Sun Lakes, N on Blue Lake, W on Oak Lake; house on your left

Price Information

Listing Price Info

Price Summary:

  • List Price: $365,000
  • Price Per SqFt: $174/SqFt

HOA Fees:

  • Amount: $285
  • Frequency: Annually

Tax Information:

  • Annual Amount: $3,699
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$420.8K

Med. Price/SqFt

$237

Avg. Days On Market

58

# of Sold Homes

237

295 Oak Lake Rd vs Melbourne

50 DAYS ON ROCKET

-8 Days

$365,000

-$55.8K Less

$174/SqFt

-$63 Less

KEY TAKEAWAY

This property is $55.8K less than the Median Sold Price and $63/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: #1025785

Listing Office:

  • Office Name: Clear Realty, LLC.
  • Office Phone: (321) 241-4858
  • Listing Agent: Stephane Gregory

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, 8:20:55 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

Jan 04, 2019Home Sold
$218,500

Tax History

YEARPROP. TAXASSESSMENT
2020$3,699$198,590
2019$1,135$181,750
2018$1,128$95,650
2017$1,128$93,690

History based on county public records data.

Payment Calculator

$1,912

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,161

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-453697
3
/10
  • University Park Elementary School

  • 500 W University Blvd

  • 1.61 miles

  • Public District Grades PK-6

school-card-donut-453698
3
/10
  • Palm Bay Elementary School

  • 1200 Alamanda Rd NE

  • 1.84 miles

  • Public District Grades PK-6

school-card-donut-453699
5
/10
  • Riviera Elementary School

  • 351 Riviera Dr NE

  • 1.97 miles

  • Public District Grades PK-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $62,619. Typical income of Melbourne, FL residents is between $35k-100k annually. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 295 Oak Lake Rd

What is the listing price of this property?

The listing price of 295 Oak Lake Rd property is $365,000.

What type of property is this?

The property 295 Oak Lake Rd is a house located in Melbourne, Florida, 32901.

Is this property for sale now?

Active Listing: 295 Oak Lake Rd 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 $3,699 (source: MLS/based on county public records data).

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

The last sale was on January 4, 2019 for $218,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 295 Oak Lake Rd has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 295 Oak Lake Rd is 2,100 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 295 Oak Lake Rd is 1994.

Rocket HomesFloridaBrevard CountyMelbourne32901295 Oak Lake Rd

This home is located at 295 Oak Lake Rd in Melbourne, FL and zip code 32901 in the South Lakes neighborhood. This 2,100 square foot home, which was built in 1994, sits on a 0.23 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 26, 2024 and is currently priced at $365,000.

In October 2024 more than 12 listings in Melbourne, FL were sold above the asking price. During the same period more than 65 listings were sold at asking price, while more than 160 were sold below. The number of homes for sale in Melbourne, FL increased by 2.1% between September 2024 and October 2024. In October 2024, listings were on the market for 58 days. During the same period, the median list price in this real estate market was $420,837.

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

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