Jill Wallace
RE/MAX Elite
(321) 587-3108
46 Total Sales
1 in Viera East
$500,000 Price
1340 Democracy Ave Melbourne, FL 32940
Viera East AreaEstimated Value: $386,802
4
Beds
3
Baths
2,361
Sq Ft
$164/Sq Ft
Est. Value
Highlights
- On Golf Course
- Gated with Attendant
- RV or Boat Storage in Community
- Fitness Center
- Active Adult
- Pond View
About This Home
As of February 2026Located in a resort-style country club community, offering top-notch amenities for an exceptional Florida lifestyle. Step into a grand entryway featuring elegant double doors, wood-look porcelain tile flooring, vaulted ceilings, and refined crown molding. The upgrades continue into the expanded kitchen, showcasing granite countertops and ample space for culinary creativity. A bonus office space provides added flexibility for work or hobbies. Perfect for entertaining or simply unwinding, this spacious home offers stunning panoramic views of both the tranquil water and golf course. Enjoy your morning coffee or evening sunsets from the screened lanai, where the peaceful scenery creates the perfect backdrop for everyday living.
Last Agent to Sell the Property
Four Star Real Estate LLC License #3325835 Listed on: 07/17/2025
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Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,553
Year Built
- Built in 1988
Lot Details
- 13,504 Sq Ft Lot
- Property fronts a private road
- On Golf Course
- East Facing Home
Parking
- 3 Car Attached Garage
Property Views
- Pond
- Golf Course
Home Design
- Frame Construction
- Shingle Roof
- Asphalt
- Stucco
Interior Spaces
- 2,361 Sq Ft Home
- 1-Story Property
- Crown Molding
- Vaulted Ceiling
- Ceiling Fan
- Screened Porch
Kitchen
- Electric Range
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Dual Closets
- 3 Full Bathrooms
- No Tub in Bathroom
Laundry
- Dryer
- Washer
Schools
- Quest Elementary School
- Kennedy Middle School
- Viera High School
Utilities
- Central Heating and Cooling System
- Underground Utilities
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 26-36-03-01-0000b.0-0106.00
Community Details
Overview
- Active Adult
- Property has a Home Owners Association
- Association fees include cable TV, internet, ground maintenance, maintenance structure, pest control
- $1,308 Other Monthly Fees
- Indian River Colony Club Association
- Indian River Colony Club Pud Phase 1 Unit 2 Subdivision
- Maintained Community
Recreation
- RV or Boat Storage in Community
- Golf Course Community
- Tennis Courts
- Shuffleboard Court
- Fitness Center
- Community Pool
Additional Features
- Clubhouse
- Gated with Attendant
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 17, 2025
Closed on
Feb 17, 2026
Sold by
Bought by
Seller's Agent
Shellie Raymond
Four Star Real Estate LLC
Buyer's Agent
Robin Steininger
Four Star Real Estate LLC
List Price
$425,000
Sold Price
$385,000
Premium/Discount to List
-$40,000
-9.41%
Views
181
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,802
Avg. Annual Appreciation
0.94%
Original Mortgage
$385,000
Outstanding Balance
$383,502
Interest Rate
6.16%
Mortgage Type
VA
Estimated Equity
$3,300
Purchase Details
Closed on
Jul 30, 2024
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,600
Interest Rate
6.95%
Mortgage Type
New Conventional
Purchase Details
Listed on
Mar 7, 2023
Closed on
Sep 5, 2023
Sold by
Bought by
Seller's Agent
Shellie Raymond
Four Star Real Estate LLC
Buyer's Agent
Robin Steininger
Four Star Real Estate LLC
List Price
$420,000
Sold Price
$347,000
Premium/Discount to List
-$73,000
-17.38%
Views
305
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.74%
Original Mortgage
$264,550
Interest Rate
6.81%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 1, 2001
Sold by
Bought by
Purchase Details
Closed on
Nov 12, 1999
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Melbourne, FL
-
Jill Wallace
-
Jonathan Krauser
Jonathan Krauser
J. Edwards Real Estate
(321) 730-3988
146 Total Sales
2 in Viera East
$475K - $895K Price Range
-
Justin Brown
Justin Brown
RE/MAX ELITE
(321) 301-1918
63 Total Sales
3 in Viera East
$180K - $480K Price Range
-
Kerry Ramage
Kerry Ramage
RE/MAX Elite
(321) 504-5516
93 Total Sales
1 in Viera East
$382,000 Price
-
Kim Wilson
Kim Wilson
Waterman Real Estate, Inc.
(321) 290-1496
50 Total Sales
1 in Viera East
$344,115 Price
-
Mary Crawford
Mary Crawford
REALTY EXECUTIVES Space Coast
(321) 334-2584
60 Total Sales
2 in Viera East
$594,900 Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $385,000 | Alliance Title | ||
| $100 | Southern Capital Title Agency | ||
| $347,000 | Southern Capital Title Agency | ||
| $185,000 | -- | ||
| $169,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $385,000 | ||
| Closed | $281,600 | ||
| Previous Owner | $264,550 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/17/2026 02/17/26 | Sold | $385,000 | -3.5% | $163 / Sq Ft | |
| 11/17/2025 11/17/25 | Pending | -- | -- | -- | |
| 10/15/2025 10/15/25 | Price Changed | $399,000 | -6.1% | $169 / Sq Ft | |
| 07/17/2025 07/17/25 | For Sale | $425,000 | +22.5% | $180 / Sq Ft | |
| 09/05/2023 09/05/23 | Sold | $347,000 | -4.9% | $147 / Sq Ft | View Prior Sale |
| 08/09/2023 08/09/23 | Pending | -- | -- | -- | |
| 07/05/2023 07/05/23 | Price Changed | $365,000 | -6.2% | $155 / Sq Ft | |
| 06/01/2023 06/01/23 | Price Changed | $389,000 | -7.4% | $165 / Sq Ft | |
| 03/07/2023 03/07/23 | For Sale | $420,000 | -- | $178 / Sq Ft |
Source: Space Coast MLS (Space Coast Association of REALTORS®)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $2,691 | $191,640 | ||
| 2025 | $2,337 | $186,610 | ||
| 2024 | $4,553 | $171,750 | ||
| 2023 | $4,553 | $315,500 | ||
| 2022 | $1,492 | $113,060 | $0 | $0 |
| 2021 | $1,501 | $109,770 | $0 | $0 |
| 2020 | $1,411 | $108,260 | $0 | $0 |
| 2019 | $1,344 | $105,830 | $0 | $0 |
| 2018 | $1,333 | $103,860 | $0 | $0 |
| 2017 | $817 | $101,730 | $0 | $0 |
| 2016 | $769 | $99,640 | $23,000 | $76,640 |
| 2015 | $824 | $98,950 | $23,000 | $75,950 |
| 2014 | $825 | $98,170 | $18,000 | $80,170 |
Source: Public Records
Agents Affiliated with this Home
-
Shellie Raymond
Seller's Agent in 2026
Shellie Raymond
Four Star Real Estate LLC
(321) 325-9974
259 Total Sales
-
Robin Steininger
Seller Co-Listing Agent in 2026
Robin Steininger
Four Star Real Estate LLC
(321) 505-1468
253 Total Sales
Map
Source: Space Coast MLS (Space Coast Association of REALTORS®)
MLS Number: 1051981
APN: 26-36-03-01-0000B.0-0106.00
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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