NOT LISTED FOR SALE

116 Oak Lake Rd Melbourne, FL 32901

Estimated Value: $273,000 - $324,000

3 Beds
2 Baths
1,602 Sq Ft
$183/Sq Ft Est. Value

About This Home

This home is located at 116 Oak Lake Rd, Melbourne, FL 32901 and is currently estimated at $292,598, approximately $182 per square foot. 116 Oak Lake Rd is a home located in Brevard County with nearby schools including University Park Elementary School, Stone Magnet Middle School, and Palm Bay Magnet Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 22, 2024
Sold by
Pg3 Llc
Bought by
Peterson Troy and Peterson Eileen
Current Estimated Value
$292,598

Purchase Details

Closed on
Aug 28, 2023
Sold by
4 Rivers Holdings Llc
Bought by
Pg3 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,600
Interest Rate
6.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 23, 2023
Sold by
Schwartz Catherine Mary
Bought by
4 Rivers Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 2021
Sold by
Backiel Catherine
Bought by
Backiel Catherine
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Peterson Troy $100 None Listed On Document
Peterson Troy $100 None Listed On Document
Pg3 Llc $115,800 Supreme Title Closings
4 Rivers Holdings Llc $220,000 Supreme Title Closings
Backiel Catherine -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pg3 Llc $249,600
Previous Owner 4 Rivers Holdings Llc $2,000,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,286 $268,740 -- --
2024 $777 $242,070 -- --
2023 $777 $90,210 $0 $0
2022 $757 $87,590 $0 $0
2021 $870 $85,040 $0 $0
2020 $854 $83,870 $0 $0
2019 $846 $81,990 $0 $0
2018 $834 $80,470 $0 $0
2017 $825 $78,820 $0 $0
2016 $831 $77,200 $17,500 $59,700
2015 $845 $76,670 $17,500 $59,170
2014 $830 $76,070 $15,000 $61,070
Source: Public Records

Map

Florida Brevard County Melbourne 32901

116 Oak Lake Rd, Melbourne, FL

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