2 months on rocket

7514 Loren Cove Dr, Melbourne, FL, 32940

$394,999

Home List Price

$4,691*

Closing Credit

3 Bedrooms
2 Full Baths
1,460 SqFt
$271/SqFt
Townhouse

Location

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7514 Loren Cove Dr, Melbourne$394,999

Buyer Closing Credits

$4,691*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingAttached, Garage, Garage Door Opener
Attached Garage2 spaces
Year Built2018
HeatingCentral, Electric
CoolingCentral Air, Electric
ViewLake, Water
MLS #1026533
Lot Size0.09 Acres
StatusActive

About 7514 Loren Cove Dr

Why Rent when you can Own! Viera Townhouse located on tranquil LAKE. Enjoy LOW MAINTENANCE LIVING on Quiet Cul-de-sac just short distance to great schools, shopping, parks, shopping mall, entertainment, restaurants & amazing amenities! Bright open floor plan with UPDATED MODERN KITCHEN features chic white shaker cabinets, Large drawer storage and color-changing upper cabinet lighting (via app), stainless steel appliances, and neutral subway tile backsplash. Large Screen Back Patio provides for additional entertaining areas as well as relaxing Water and SUNSET VIEWS. Brand New Washer/Dryer Included. Loren cove clubhouse, playground and fitness room around the corner plus Addison Village recreational assess: Resort pools, clubhouse, pickleball, tennis, Playground, gym, community room. New Washer/Dryer Unit! The HOA COVERS LAWN CARE, EXTERIOR INSURANCE, ROOF MAINTENANCE, EXTERIOR PEST CONTROL and more!

Property Details

Property Features

Property Information:

  • Architectural Style: Villa
  • Year Built: 2018
  • Stories: 1
  • Living Area: 1,460 SqFt

Listing Office:

  • Office Name: RE/MAX Elite
  • Office Phone: (321) 752-5858
  • Listing Agent: Barbara Lyn

Interior Features

Interior Information:

  • Appliances: Dishwasher, Gas Range, Microwave, Refrigerator, Tankless Water Heater, Washer/Dryer Stacked
  • Flooring Type: Carpet, Tile
  • Interior: Breakfast Bar, Ceiling Fan(s), Pantry, Primary Bathroom -Tub with Separate Shower, Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: Lake, Water
  • Exterior: Storm Windows

Parking Information:

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

Virtual/3D Tour

  • Virtual Tour: 7514 Loren Cove Dr
Virtual Tour

Lot Features

Lot Information:

  • Lot: Cul-De-Sac, Sprinklers In Front, Sprinklers In Rear, Zero Lot Line
  • Lot Size: 0.09 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: From N. Wickham Road, L onto Stadium Parkway, R on Spur Drive, to Loren Cove Drive

Price Information

Listing Price Info

Price Summary:

  • List Price: $394,999
  • Price Per SqFt: $271/SqFt

HOA Fees:

  • Amount: $433
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $3,590
  • 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

$420K

Med. Price/SqFt

$236

Avg. Days On Market

65

# of Sold Homes

183

7514 Loren Cove Dr vs Melbourne

78 DAYS ON ROCKET

+13 Days

$394,999

-$25K Less

$271/SqFt

+$34 More

KEY TAKEAWAY

This property is $25K less than the Median Sold Price and $34/SqFt more 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: #1026533

Listing Office:

  • Office Name: RE/MAX Elite
  • Office Phone: (321) 752-5858
  • Listing Agent: Barbara Lyn

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: 12/21/2024, 11:21:07 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

Jul 30, 2018Home Sold
$258,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,590$225,270
2019$839$213,360
2018$202$50,000
2017$202$4,400

History based on county public records data.

Payment Calculator

$2,472

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,251

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-815060
9
/10

  • Quest Elementary School

  • 8751 Trafford Dr

  • 0.72 miles

  • Public District Grades KG-6

school-card-donut-815061
9
/10

  • Manatee Elementary School

  • 3425 Viera Blvd

  • 2.85 miles

  • Public District Grades KG-6

school-card-donut-815062
9
/10

  • Suntree Elementary School

  • 900 Jordan Blass Dr

  • 3.45 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 $86,581. Most Melbourne, FL residents have annual incomes between $35k-100k. Residents typically live in married, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7514 Loren Cove Dr

What is the listing price of this property?

The listing price of 7514 Loren Cove Dr property is $394,999.

What type of property is this?

The property 7514 Loren Cove Dr is a townhouse located in Melbourne, Florida, 32940.

Is this property for sale now?

Active Listing: 7514 Loren Cove 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 $3,590 (source: MLS/based on county public records data).

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

The last sale was on July 30, 2018 for $258,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 7514 Loren Cove Dr has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 7514 Loren Cove Dr is 1,460 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7514 Loren Cove Dr is 2018.

Rocket Homes›Florida›Brevard County›Melbourne›32940›7514 Loren Cove Dr

This home is located at 7514 Loren Cove Dr in Melbourne, FL and zip code 32940. This 1,460 square foot home, which was built in 2018, sits on a 0.09 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 04, 2024 and is currently priced at $394,999.

While more than 6 listings in Melbourne, FL in November 2024 were sold above asking price, there were more than 43 listings sold at asking price, and more than 134 were sold below. In November 2024 in Melbourne, FL there were 2.9% more homes for sale than in October 2024. Listings spent 65 days on the market in November 2024, and had a median list price of $420,005 during the same period.

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

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