5 months on rocket

874 Oakwood Dr, Melbourne, FL, 32940

$375,000

Home List Price

$4,453*

Closing Credit

2 Bedrooms
2 Full Baths
1,921 SqFt
$195/SqFt
House

Location

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874 Oakwood Dr, Melbourne$375,000

Buyer Closing Credits

$4,453*

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 Built1994
HeatingCentral
CoolingCentral Air, Electric
ViewLake, Water
MLS #1018374
Lot Size0.09 Acres
StatusActive

About 874 Oakwood Dr

Discover the ultimate in Florida living with this stunning lakefront home in the prestigious Suntree location! Featuring glistening lakefront views and an open floor plan with soaring, vaulted ceilings, this residence is designed for both elegance and comfort. Enjoy peace of mind with a newer roof and A/C, and delight in the year-round pleasure of your very own Florida Room. Set in a quiet, well-manicured neighborhood, the HOA takes care of all exterior maintenance and lawn care, giving you the freedom to embrace a truly carefree lifestyle. Dive into relaxation with the community pool and relish in the vibrant, picturesque surroundings. This is your chance to experience the exceptional - don't miss out!

Property Details

Property Features

Property Information:

  • Year Built: 1994
  • Stories: 1
  • Living Area: 1,921 SqFt

Listing Office:

  • Office Name: Compass Florida, LLC
  • Office Phone: (321) 214-8400
  • Listing Agent: Zachary Spurlock, Neal Spurlock

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Electric Range, Gas Water Heater, Microwave, Refrigerator, Washer
  • Flooring Type: Carpet, Laminate, Tile
  • Interior: Breakfast Nook, Ceiling Fan(s), Entrance Foyer, His and Hers Closets, Kitchen Island, Open Floorplan, Primary Bathroom -Tub with Separate Shower, Skylight(s), Vaulted Ceiling(s), Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • View: Lake, Water
  • Exterior: Courtyard

Parking Information:

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

Virtual/3D Tour

  • Virtual Tour: 874 Oakwood Dr
Virtual Tour

Lot Features

Lot Information:

  • Lot: Few Trees
  • Lot Size: 0.09 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air, Electric

Other

Directions Information:

  • Directions: I-95 N/S to exit 188 toward Patrick AFB/Satellite Beach Use the 2nd from the right lane to keep right at the fork and follow signs for Kind Ctr/Palm Shores/Satellite Beach/Patrick AFB/Pineda Cswy Use the left lane to merge onto FL-404/Pineda Cswy Turn left onto Saint Andrews Blvd/Street Andrews Blvd 1.9 mi Turn right onto Briarwood Way Turn right onto Oakwood Dr. Destination on right

Price Information

Listing Price Info

Price Summary:

  • List Price: $375,000
  • Price Per SqFt: $195/SqFt

HOA Fees:

  • Amount: $525
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $1,543
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$420K

Med. Price/SqFt

$236

Avg. Days On Market

65

# of Sold Homes

183

874 Oakwood Dr vs Melbourne

177 DAYS ON ROCKET

+112 Days

$375,000

-$45K Less

$195/SqFt

-$42 Less

KEY TAKEAWAY

This property is $45K less than the Median Sold Price and $42/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: #1018374

Listing Office:

  • Office Name: Compass Florida, LLC
  • Office Phone: (321) 214-8400
  • Listing Agent: Zachary Spurlock, Neal Spurlock

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: 12/26/2024, 6:21:06 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

Apr 19, 2000Home Sold
$144,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,543$116,730
2019$1,473$114,110
2018$1,470$111,990
2017$1,470$109,690

History based on county public records data.

Payment Calculator

$2,464

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,191

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-1606104
9
/10
  • Suntree Elementary School

  • 900 Jordan Blass Dr

  • 0.70 miles

  • Public District Grades KG-6

school-card-donut-1606105
9
/10
  • Longleaf Elementary School

  • 4290 N Wickham Rd

  • 2.24 miles

  • Public District Grades PK-6

school-card-donut-1606106
9
/10
  • Quest Elementary School

  • 8751 Trafford Dr

  • 2.30 miles

  • Public District Grades KG-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $95,885. Most Melbourne, FL residents have annual incomes between $35k-100k. 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 874 Oakwood Dr

What is the listing price of this property?

The listing price of 874 Oakwood Dr property is $375,000.

What type of property is this?

The property 874 Oakwood Dr is a house located in Melbourne, Florida, 32940.

Is this property for sale now?

Active Listing: 874 Oakwood 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 $1,543 (source: MLS/based on county public records data).

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

The last sale was on April 19, 2000 for $144,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 874 Oakwood Dr has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 874 Oakwood Dr is 1,921 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 874 Oakwood Dr is 1994.

Rocket HomesFloridaBrevard CountyMelbourne32940874 Oakwood Dr

This home is located at 874 Oakwood Dr in Melbourne, FL and zip code 32940 in the Briarwood At Suntree neighborhood. This 1,921 square foot home, which was built in 1994, sits on a 0.09 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 01, 2024 and is currently priced at $375,000.

In November 2024 more than 6 listings in Melbourne, FL were sold above the asking price. During the same period more than 43 listings were sold at asking price, while more than 134 were sold below. The number of homes for sale in Melbourne, FL increased by 2.9% between October 2024 and November 2024. In November 2024, listings were on the market for 65 days. During the same period, the median list price in this real estate market was $420,005.

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

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