NOT LISTED FOR SALE

1491 Lago Mar Dr Melbourne, FL 32940

Estimated Value: $378,000 - $393,000

3 Beds
2 Baths
1,545 Sq Ft
$250/Sq Ft Est. Value

Sale Details

Date Sold: June 6, 2024

Last sale price $410,000 $265 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $2,698 / mo

27 Days on Market

Highlights

  • Fitness Center
  • Active Adult
  • Open Floorplan
  • Solar Heated In Ground Pool
  • Gated Community
  • Clubhouse

About This Home

As of June 2024

With impeccable attention to detail these owners have transformed this ''move-in ready'' residence located in the coveted Grand Isle; a 55+ gated community offering the perfect balance between privacy & an active, close-knit community! The floor-plan showcases high ceilings, abundant natural light & seamless flow from living space to the private porch. The kitchen boasts wood cabinets, solid surface countertops & new high-end appliances. The owner's suite features an updated ensuite & spacious walk-in closet. Additional highlights include tile & beautiful wood-look flooring, 2020 impact windows, 2024 HVAC & water heater, 2018 roof, 2021 solar panels (minimal electric bills!), new faucets, lighting, fans, plantation shutters & fresh interior/exterior paint. Residents enjoy clubhouse amenities such as heated pool, hot tub, pickleball, bocce, gym, social events & more. HOA covers lawn maintenance & exterior paint. Conveniently located near great shops, dining, quality medical facilities!

Last Agent to Sell the Property

Teresa Ferrara

RE/MAX Aerospace Realty License #3361554 Listed on: 04/13/2024

RE/MAX Aerospace Realty

Last Buyer's Agent

Teresa Ferrara

RE/MAX Aerospace Realty License #3361554 Listed on: 04/13/2024

RE/MAX Aerospace Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,277

Year Built

  • Built in 2002

Lot Details

  • 6,098 Sq Ft Lot
  • Property fronts a private road
  • North Facing Home
  • Front and Back Yard Sprinklers

HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stone Veneer
  • Stucco

Interior Spaces

  • 1,545 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Entrance Foyer
  • Screened Porch

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • No Tub in Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Security Gate
  • High Impact Windows

Pool

  • Solar Heated In Ground Pool
  • In Ground Spa

Outdoor Features

  • Patio
  • Awning

Schools

  • Quest Elementary School
  • Kennedy Middle School
  • Viera High School

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 25-36-34-75-0000b.0-0028.00
  • Community Development District (CDD) fees
  • $504 special tax assessment

Community Details

Overview

  • Active Adult
  • Association fees include ground maintenance, maintenance structure
  • Kym Khendersonlelandmanagement.Com Association, Phone Number (321) 752-7144
  • Grand Isle Phase 1 Viera N Pud Parcel U X Subdivision
  • On-Site Maintenance
  • Maintained Community

Recreation

  • Tennis Courts
  • Pickleball Courts
  • Shuffleboard Court
  • Fitness Center
  • Community Pool
  • Community Spa
  • Park

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,277

Year Built

Built in 2002

Lot Details

6,098 Sq Ft Lot

HOA Fees

$306 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2002
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: In Unit
  • ResoLotFeatures: Sprinklers In Front, Sprinklers In Rear
  • Road Frontage Type: Private Road
  • ResoSecurityFeatures: Security Gate
  • Reso Association Amenities: Clubhouse, Fitness Center, Gated, Maintenance Grounds, Park, Shuffleboard Court, Spa/Hot Tub, Tennis Court(s), Pickleball, Management - On Site, Management - Full Time, Pool
  • Reso Association Fee Includes: Maintenance Grounds, Maintenance Structure
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Grand Isle Phase 1 Viera N PUD Parcel U X
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • General Property Information Community Fee(s) YN: No
  • Pets Allowed Total Number Of Pets: 2
  • General Property Information CDD Fee YN: Yes
  • General Property Information CDD Fee Amount: 503.52
  • Marketing Remarks:Marketing Remarks: With impeccable attention to detail, these owners have transformed this "move-in ready" residence, located in the coveted Grand Isle; a 55+ gated community offering the perfect balance between privacy & an active, close-knit community! The floor-plan showcases high ceilings, abundant natural light & seamless flow from living space to the private porch. The kitchen boasts wood cabinets, solid surface countertops & new high-end appliances. The owner's suite features an updated ensuite & spacious walk-in closet. Additional highlights include tile & beautiful wood-look flooring, 2020 impact windows, 2024 HVAC & water heater, 2018 roof, 2021 solar panels, new faucets, lighting, fans, plantation shutters & fresh interior/exterior paint. Residents enjoy clubhouse amenities such as heated pool, hot tub, pickleball, bocce, gym, social events & more. HOA covers lawn maintenance & exterior paint. Conveniently located near fabulous shopping, dining, quality medical facilities & beautiful beaches!
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Entrance Foyer, Eat-in Kitchen, Open Floorplan, Pantry, Vaulted Ceiling(s), Walk-In Closet(s), Primary Bathroom - Shower No Tub, Split Bedrooms, Breakfast Nook
  • Flooring: Laminate, Tile
  • Spa Features: In Ground
  • Appliances: Dryer, Dishwasher, Gas Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 1

Exterior Features

  • Exterior Features: Impact Windows
  • Pool Features: Heated, In Ground, Solar Heat
  • Roof: Shingle
  • Acres: 0.14
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco, Stone Veneer
  • Direction Faces: North
  • Patio And Porch Features: Awning(s), Patio, Porch, Screened

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage Door Opener

Utilities

  • Cooling: Central Air
  • Utilities: Cable Available, Natural Gas Connected, Other
  • Heating: Central
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: Yes
  • Association #2 Fee: 190.0
  • Association #2 Fee Frequency: Annually
  • Association Fee: 289.9
  • Association Fee Frequency: Monthly
  • Association Name: Kym khendersonlelandmanagement.com
  • Phone: 321-752-7144
  • Association: Yes

Schools

  • Middle Or Junior School: Kennedy

Lot Info

  • Current Use: Residential, Single Family
  • Lot Size Sq Ft: 6098.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 25-36-34-75-0000b.0-0028.00

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 5277.09

MLS Schools

  • Elementary School: Quest
  • High School: Viera

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

Closed on
Mar 27, 2026
Sold by
Bought by
Current Estimated Value
$385,766

Purchase Details

Closed on
Mar 11, 2026
Sold by
Bought by

Purchase Details

Closed on
Oct 24, 2024
Sold by
Bought by

Purchase Details

Listed on
Apr 13, 2024
Closed on
Jun 6, 2024
Sold by
Bought by
Seller's Agent
Teresa Ferrara
RE/MAX Aerospace Realty
Buyer's Agent
Teresa Ferrara
RE/MAX Aerospace Realty
List Price
$415,000
Sold Price
$410,000
Premium/Discount to List
-$5,000
-1.2%
Views
66

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.02%
Original Mortgage
$160,000
Interest Rate
7.17%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 8, 2022
Closed on
Feb 13, 2023
Sold by
Bought by
Seller's Agent
Richard Harris
Tezel Investments, Inc.
Buyer's Agent
Rick Harris
Crossover Commercial Group, In
List Price
$430,000
Sold Price
$367,500
Premium/Discount to List
-$62,500
-14.53%
Views
61

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.71%
Original Mortgage
$182,500
Interest Rate
6.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 25, 2009
Sold by
Bought by

Purchase Details

Closed on
Aug 6, 2009
Sold by
Bought by

Purchase Details

Closed on
Aug 27, 2004
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
$187,200
Interest Rate
5.97%

Purchase Details

Closed on
Aug 21, 2002
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
$89,000
Interest Rate
6.53%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
$100 None Listed On Document
$100 None Listed On Document
$100 None Listed On Document
$410,000 None Listed On Document
$367,500 Federal Title
-- Attorney
$180,000 Prestige Title Of Brevard Ll
$234,000 North American Title Company
$166,400 --
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
Previous Owner $160,000
Previous Owner $182,500
Previous Owner $187,200
Previous Owner $89,000
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
06/06/2024 06/06/24 Sold $410,000 -1.2% $265 / Sq Ft
05/11/2024 05/11/24 Pending -- -- --
04/13/2024 04/13/24 For Sale $415,000 +12.9% $269 / Sq Ft
02/14/2023 02/14/23 Sold $367,500 -8.1% $238 / Sq Ft View Prior Sale
01/13/2023 01/13/23 Pending -- -- --
12/20/2022 12/20/22 Price Changed $399,900 -4.8% $259 / Sq Ft
11/25/2022 11/25/22 Price Changed $419,999 -2.3% $272 / Sq Ft
11/07/2022 11/07/22 For Sale $430,000 -- $278 / 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
2025 $3,622 $322,160 -- --
2024 $5,277 $257,220 -- --
2023 $5,277 $340,180 $100,000 $240,180
2022 $2,450 $155,580 $0 $0
2021 $2,605 $151,050 $0 $0
2020 $2,600 $148,970 $0 $0
2019 $2,542 $145,630 $0 $0
2018 $2,543 $142,920 $0 $0
2017 $2,553 $139,990 $0 $0
2016 $2,577 $137,120 $39,000 $98,120
2015 $2,622 $136,170 $31,000 $105,170
2014 $2,625 $135,090 $31,000 $104,090
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 1010838

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 25-36-34-75-0000B.0-0028.00

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