NOT LISTED FOR SALE

148 Oak Lake Rd Melbourne, FL 32901

Estimated Value: $301,594 - $342,000

3 Beds
2 Baths
1,624 Sq Ft
$199/Sq Ft Est. Value

Last Sold July 22, 2021

Last sale price $245,000 $151 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $2,058/month

Highlights

  • Walk-In Closet
  • 2 Car Garage
  • Southwest Facing Home
  • Ceiling Fan
  • Heating Available

About This Home

As of October 2021

This home has been beautify updated and is ready for new occupants to move right in! The exterior has new siding and has been freshly painted. The bright interior has new flooring and nicely updated bathrooms. This home has vaulted ceilings and three large, distinct living areas. Enjoy strolling the sidewalks of this quiet community with oak-lined streets. The electricity is underground.

Last Agent to Rent the Property

Chyada Dennis

Main Street Renewal LLC License #3373202 Listed on: 10/14/2022

Last Renter's Agent

Chyada Dennis

Main Street Renewal LLC License #3373202 Listed on: 10/14/2022

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1991

Lot Details

  • 7,841 Sq Ft Lot
  • Southwest Facing Home

HOA Fees

  • $17 per month

Parking

  • 2 Car Garage

Interior Spaces

  • 1,624 Sq Ft Home
  • Ceiling Fan

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Schools

  • University Park Elementary School
  • Stone Middle School
  • Palm Bay High School

Utilities

  • Heating Available

Community Details

  • South Lakes Phase I Association
  • South Lakes Phase I Subdivision

Listing and Financial Details

  • Property Available on 10/14/22
  • Section 8 Allowed
  • Assessor Parcel Number 28-37-15-53-0000c.0-0011.00

Home Details

Home Type

Single Family

Year Built

Built in 1991

Lot Details

7,841 Sq Ft Lot

HOA Fees

$17 per month

Parking

2

Rental Info

  • Furnished: Unfurnished
  • Lease Term: 12 Months
  • Available Date: 2022-10-14

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1991
  • Reso Property Sub Type: Single Family Residence
  • ResoSpecialListingConditions: Section 8
  • Subdivision Name: South Lakes Phase I
  • Architectural Style: Other
  • Carport Y N: No
  • Garage Yn: Yes
  • Location Tax and Legal Parcel Number2: 28-37-15-53-0000c.0-0011.00
  • Location Tax and Legal Elementary School: University Park
  • Location Tax and Legal Middle School2: Stone
  • Location Tax and Legal High School: Palm Bay
  • General Property Information Living Area2: 1624.0
  • General Property Information Lot Size Acres: 0.18
  • General Property Information Lot Size Square Feet2: 7840.8
  • General Property Information Waterfront YN: No
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: Southwest
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Pets Allowed Yes: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • Pets Allowed Call: Yes
  • Utilities Sewer Available: Yes
  • Special Listing Conditions Section 8: Yes
  • General Property Information:Pool Private YN: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Ceiling Fan(s), Walk-In Closet(s), Other
  • Appliances: Dishwasher, Microwave, Refrigerator, Other
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • ResoLivingAreaSource: Other
  • Appliances Dishwasher: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Walk-In Closet(s): Yes

Exterior Features

  • Exterior Features: Other
  • Pool Features: None
  • Acres: 0.18
  • Pool Private: No
  • Waterfront: No
  • Direction Faces: Southwest

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Garage
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Garage: Yes

Utilities

  • Utilities: Sewer Available, Water Available, Other
  • Heating: Other
  • HeatingYN: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Name: SOUTH LAKES PHASE I

Association/Amenities

  • General Property Information:Association Name: SOUTH LAKES PHASE I

Schools

  • Middle Or Junior School: Stone

Lot Info

  • Lot Size Sq Ft: 7840.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 28-37-15-53-0000c.0-0011.00
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: University Park
  • High School: Palm Bay

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 28, 2023
Sold by
Arvm 5 Llc
Bought by
Alto Asset Company 5 Llc
Current Estimated Value
$322,649

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$498,971,000
Outstanding Balance
$311,002,700
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
-$310,680,051

Purchase Details

Listed on
Jun 2, 2021
Closed on
Jul 19, 2021
Sold by
Yarbrough David E
Bought by
Arvm 5 Llc
Seller's Agent
Jennifer Van Loon
Premium Properties Real Estate
Buyer's Agent
Spencer Lindahl
Main Street Renewal LLC
List Price
$245,000
Sold Price
$245,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.14%

Purchase Details

Listed on
Dec 8, 2016
Closed on
Jan 31, 2017
Sold by
Dartnell Leslie and Dartnell Deborah
Bought by
Yarbrough David E
Seller's Agent
Karen Fenaughty
Surfside Properties & Mgmt.
Buyer's Agent
Larry Leaman
Surfside Properties & Mgmt.
List Price
$172,000
Sold Price
$170,000
Premium/Discount to List
-$2,000
-1.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.52%
Original Mortgage
$173,655
Interest Rate
4.32%

Purchase Details

Closed on
Jul 30, 2004
Sold by
Sirani Adam C and Sirani Nycole J
Bought by
Dartnell Leslie and Dartnell Deborah

Purchase Details

Closed on
Nov 27, 2000
Sold by
Howze Catherine A and Dinatale Catherine A
Bought by
Sirani Adam C and Sirani Nycole J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,090
Interest Rate
7.87%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Alto Asset Company 5 Llc $6,412,471 None Listed On Document
Arvm 5 Llc $245,000 Bungalo Closing Services Llc
Arvm 5 Llc $245,000 None Listed On Document
Yarbrough David E $172,000 Alliance Title Ins Agency In
Dartnell Leslie $185,000 Alliance Title Brevard Llc
Sirani Adam C $103,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alto Asset Company 5 Llc $498,971,000
Previous Owner Yarbrough David E $173,655
Previous Owner Sirani Adam C $106,090
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/23/2023 12/23/23 Off Market $170,000 -- --
10/14/2022 10/14/22 For Rent $2,295 +9.5% --
10/01/2021 10/01/21 Rented $2,095 0.0% --
07/22/2021 07/22/21 Sold $245,000 0.0% $151 / Sq Ft View Prior Sale
06/09/2021 06/09/21 Pending -- -- --
06/01/2021 06/01/21 For Sale $245,000 +44.1% $151 / Sq Ft
01/31/2017 01/31/17 Sold $170,000 -1.2% $89 / Sq Ft View Prior Sale
12/19/2016 12/19/16 Pending -- -- --
12/07/2016 12/07/16 For Sale $172,000 -- $90 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

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 $4,608 $287,150 -- --
2024 $5,038 $260,710 -- --
2023 $5,038 $296,310 -- --
2022 $4,370 $249,250 $0 $0
2021 $3,485 $187,830 $40,000 $147,830
2020 $3,368 $180,430 $40,000 $140,430
2019 $3,185 $163,860 $25,500 $138,360
2018 $3,120 $157,110 $25,500 $131,610
2017 $2,652 $142,210 $25,500 $116,710
2016 $2,538 $127,340 $17,500 $109,840
2015 $2,385 $101,330 $17,500 $83,830
2014 $2,157 $92,120 $15,000 $77,120
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Space Coast MLS (Space Coast Association of REALTORS®)

MLS Number: 948234

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-37-15-53-0000C.0-0011.00

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