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8163 Old Tramway Dr, Melbourne, FL, 32940

$775,000

Home List Price

$9,203*

Closing Credit

3 Bedrooms
3 Full Baths, 1 Partial
3,106 SqFt
$250/SqFt
House

Location

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8163 Old Tramway Dr, Melbourne$775,000

Buyer Closing Credits

$9,203*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Garage, Garage Door Opener
Attached Garage3 spaces
Year Built2005
HeatingCentral, Natural Gas
CoolingCentral Air, Multi Unit(s)
ViewLake
MLS #1026850
Lot Size0.36 Acres
StatusActive

About 8163 Old Tramway Dr

This home truly has it all, offering the perfect balance of luxury and tranquility. From the moment you arrive, this stunning lakefront estate captivates you with its grand circular driveway & striking architectural design. The home features 3 spacious bedrooms, a dedicated office with built-in desk, 3.5 baths, & an enormous bonus room, making it the ultimate blend of comfort and elegance. Custom hardwood floors flow throughout the living spaces, enhancing the home's luxurious feel. The kitchen is a chef's dream, boasting beautiful cabinetry, stainless steel appliances, and quartz countertops. The inviting family room, complete with a cozy wood-burning fireplace, is the perfect space to unwind. Love wine, there is a built-in wine cellar under the stairwell. You will love the expansive bonus room, designed for entertaining, with a custom-built bar, ample living space, and room for a pool table. Step outside to your own private oasis—an exquisite pool, surrounded by a large patio

Property Details

Property Features

Property Information:

  • Year Built: 2005
  • Stories: 2
  • Living Area: 3,106 SqFt

Listing Office:

  • Office Name: Blue Marlin Real Estate
  • Office Phone: (321) 877-2902
  • Listing Agent: Troy Alexander

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Electric Oven, Electric Range, Microwave, Refrigerator, Washer
  • Flooring Type: Carpet, Tile, Wood
  • Interior: Breakfast Nook, Ceiling Fan(s), His and Hers Closets, Primary Bathroom -Tub with Separate Shower, Smart Thermostat, Walk-In Closet(s), Wet Bar, Wine Cellar

Bedroom and Bathroom Information:

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

Exterior Features

Exterior Information:

  • View: Lake
  • Exterior: Balcony, Outdoor Kitchen, Storm Windows

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: Attached, Garage, Garage Door Opener

Virtual/3D Tour

  • Virtual Tour: 8163 Old Tramway Dr
Virtual Tour

Lot Features

Lot Information:

  • Lot: Sprinklers In Front, Sprinklers In Rear
  • Lot Size: 0.36 Acres

Utilities

Utilities Information:

  • Heating: Central, Natural Gas
  • Cooling: Central Air, Multi Unit(s)

Other

Directions Information:

  • Directions: From I95 and Wickham, head east on Wickham. Turn right on Baytree Dr. go to Guard gate and follow to Old Tramway. Turn right on Old Tramway. follow to Arundel Community Home will be on left

Price Information

Listing Price Info

Price Summary:

  • List Price: $775,000
  • Price Per SqFt: $250/SqFt

HOA Fees:

  • Amount: $95
  • Frequency: Annually

Tax Information:

  • Annual Amount: $8,742
  • Tax Year: 2020
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Housing Market Comparison

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

Map thumbnail provided by MapBox

Melbourne, FL

City

Med. Sold Price

$420.8K

Med. Price/SqFt

$237

Avg. Days On Market

58

# of Sold Homes

237

8163 Old Tramway Dr vs Melbourne

43 DAYS ON ROCKET

-15 Days

$775,000

+$354.1K More

$250/SqFt

+$13 More

KEY TAKEAWAY

This property is $354.1K more than the Median Sold Price and $13/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: #1026850

Listing Office:

  • Office Name: Blue Marlin Real Estate
  • Office Phone: (321) 877-2902
  • Listing Agent: Troy Alexander

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: 11/23/2024, 11:50:54 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

Feb 19, 2020Home Sold
$615,000
Feb 20, 2004Home Sold
$124,900

Tax History

YEARPROP. TAXASSESSMENT
2020$8,742$471,370
2019$7,163$381,830
2018$6,894$374,720
2017$6,894$367,020

History based on county public records data.

Payment Calculator

$3,942

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,390

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-1019837
9
/10

  • Quest Elementary School

  • 8751 Trafford Dr

  • 1.20 miles

  • Public District Grades KG-6

school-card-donut-1019838
9
/10

  • Suntree Elementary School

  • 900 Jordan Blass Dr

  • 1.60 miles

  • Public District Grades KG-6

school-card-donut-1019839
9
/10

  • Longleaf Elementary School

  • 4290 N Wickham Rd

  • 3.10 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $92,290. Residents of Melbourne, FL typically earn between $35k-100k each year. 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 8163 Old Tramway Dr

What is the listing price of this property?

The listing price of 8163 Old Tramway Dr property is $775,000.

What type of property is this?

The property 8163 Old Tramway Dr is a house located in Melbourne, Florida, 32940.

Is this property for sale now?

Active Listing: 8163 Old Tramway 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 $8,742 (source: MLS/based on county public records data).

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

The last sale was on February 19, 2020 for $615,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 8163 Old Tramway Dr has 3 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 8163 Old Tramway Dr is 3,106 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8163 Old Tramway Dr is 2005.

Rocket Homes›Florida›Brevard County›Melbourne›32940›8163 Old Tramway Dr

This home is located at 8163 Old Tramway Dr in Melbourne, FL and zip code 32940 in the Arundel - Baytree neighborhood. This 3,106 square foot home, which was built in 2005, sits on a 0.36 acre lot. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since October 11, 2024 and is currently priced at $775,000.

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. Between September 2024 and October 2024, Melbourne, FL real estate market has seen increase in the number of listings by 2.1%. The median list price of listings available in October 2024 was $420,837, while the average time on the real estate market was 58 days.

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

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