28 days on rocket

872 Spanish Wells Dr, Melbourne, FL, 32940

$675,000

Home List Price

$8,016*

Closing Credit

3 Bedrooms
2 Full Baths
1,837 SqFt
$367/SqFt
House

Location

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872 Spanish Wells Dr, Melbourne$675,000

Buyer Closing Credits

$8,016*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingCircular Driveway, Garage Door Opener
Garage2 spaces
Year Built1988
HeatingCentral
CoolingCentral Air
WaterfrontLake Front, Pond
FireplaceGas
ViewLake, Pond, Trees/Woods
MLS #1027812
Lot Size0.96 Acres
StatusActive

About 872 Spanish Wells Dr

Nested amidst rare 0.96 acres on a serene lake, this 3-bed/ 2-bath gem in the Spanish Wells neighborhood offers the ultimate Florida lifestyle. The renovated kitchen boasts sleek induction cooktop, stone countertops, new Bosch dishwasher, and an island with a breakfast bar opening to the family room. The gas fireplace, framed by stylish floating shelves, sets a cozy ambiance. The screened-in saltwater pool, w/ electric heater, is your private oasis, surrounded by mature oak trees & overlooking the stocked lake. Peace of mind comes with a new A/C, tile roof, and sturdy block construction.The primary suite has a large walk-in closet and en-suite w/ double sink vanity, jetted tub, and a walk-in shower. Zoned for A-rated schools & minutes from shopping & restaurants, this home offers convenience. A low HOA fee of $250/year, grants access to Suntree amenities, incl parks, tennis/pickleball, basketball, & BBQ pavilions. This rare property blends comfort, natural beauty, and convenience!

Property Details

Property Features

Property Information:

  • Architectural Style: Spanish
  • Year Built: 1988
  • Stories: 1
  • Living Area: 1,837 SqFt

Listing Office:

  • Office Name: Denovo Realty
  • Office Phone: (321) 237-1887
  • Listing Agent: Jeffrey Karl Porter, Jama Porter

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Electric Oven, Gas Water Heater, Induction Cooktop, Microwave, Refrigerator, Washer
  • Flooring Type: Laminate
  • Interior: Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, Kitchen Island, Open Floorplan, Primary Bathroom -Tub with Separate Shower, Skylight(s), Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
  • Fireplace: Gas

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: Lake Front, Pond
  • View: Lake, Pond, Trees/Woods
  • Exterior: Courtyard, Fire Pit

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Circular Driveway, Garage Door Opener

Virtual/3D Tour

  • Virtual Tour: 872 Spanish Wells Dr
Virtual Tour

Lot Features

Lot Information:

  • Lot: Many Trees, Sprinklers In Front, Sprinklers In Rear
  • Lot Size: 0.96 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From I-95 take the Wickham Rd exit and go east. Turn right onto Interlachen Rd. 1.2 miles turn right onto Palm Brook Dr. Turn right onto Spanish Wells Dr, home is on your right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $675,000
  • Price Per SqFt: $367/SqFt

HOA Fees:

  • Amount: $250
  • Frequency: Annually

Tax Information:

  • Annual Amount: $4,387
  • 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

872 Spanish Wells Dr vs Melbourne

28 DAYS ON ROCKET

-30 Days

$675,000

+$254.1K More

$367/SqFt

+$130 More

KEY TAKEAWAY

This property is $254.1K more than the Median Sold Price and $130/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: #1027812

Listing Office:

  • Office Name: Denovo Realty
  • Office Phone: (321) 237-1887
  • Listing Agent: Jeffrey Karl Porter, Jama Porter

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: 11/21/2024, 4:20:56 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

Aug 15, 2012Home Sold
$239,000

Tax History

YEARPROP. TAXASSESSMENT
2020$4,387$292,200
2019$4,687$311,160
2018$3,226$300,970
2017$3,226$228,320

History based on county public records data.

Payment Calculator

$3,456

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,090

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-362690
9
/10
  • Suntree Elementary School

  • 900 Jordan Blass Dr

  • 1.31 miles

  • Public District Grades KG-6

school-card-donut-362691
9
/10
  • Quest Elementary School

  • 8751 Trafford Dr

  • 1.54 miles

  • Public District Grades KG-6

school-card-donut-362692
9
/10
  • Longleaf Elementary School

  • 4290 N Wickham Rd

  • 2.81 miles

  • Public District Grades PK-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $92,290. Typical income of Melbourne, FL residents is between $35k-100k annually. Residents typically live in married, no kids family. 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 872 Spanish Wells Dr

What is the listing price of this property?

The listing price of 872 Spanish Wells Dr property is $675,000.

What type of property is this?

The property 872 Spanish Wells Dr is a house located in Melbourne, Florida, 32940.

Is this property for sale now?

Active Listing: 872 Spanish Wells 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 $4,387 (source: MLS/based on county public records data).

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

The last sale was on August 15, 2012 for $239,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 872 Spanish Wells Dr has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 872 Spanish Wells Dr is 1,837 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 872 Spanish Wells Dr is 1988.

Rocket HomesFloridaBrevard CountyMelbourne32940872 Spanish Wells Dr

This home is located at 872 Spanish Wells Dr in Melbourne, FL and zip code 32940 in the Spanish Wells At Suntree neighborhood. This 1,837 square foot home, which was built in 1988, sits on a 0.96 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 24, 2024 and is currently priced at $675,000.

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. In October 2024 in Melbourne, FL there were 2.1% more homes for sale than in September 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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