1803 Loquat Dr Melbourne, FL 32901
Magnolia Park Neighborhood
3
Beds
2
Baths
1,580
Sq Ft
0.37
Acres
Highlights
- RV Access or Parking
- No HOA
- Shed
- Melbourne Senior High School Rated A-
- Screened Porch
- 2-minute walk to Magnolia Manor Park
About This Home
As of January 2025Welcome Home to 1803 Loquat Drive in the heart of Melbourne, FL. This 3-bedroom, 2-bathroom gem sits on a lush, spacious, 0,37 acre lot, offering privacy and potential. With mid-century modern touches, this home is a canvas ready for your personal updates to bring its timeless character back to life. Enjoy the convenience of an RV parking pad with power, a storage shed, fenced back yard and ample outdoor space for relaxation or play. This property is primed for you to move right in or transform into a fantastic investment opportunity!
Located just minutes from top Brevard employers like Harris, Northrop Grumman, and Rockwell Collins, this home also boasts easy access to beautiful beaches, shopping malls, and local attractions. This property is a rare find in one of the area's best locations—don't miss your chance to create your dream home!
Last Agent to Sell the Property
Mariacher Musucc Home Selling Team
Relentless Real Estate Co. License #3099155 Listed on: 08/30/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $863
Year Built
- Built in 1958
Lot Details
- 0.37 Acre Lot
- West Facing Home
- Chain Link Fence
- Front and Back Yard Sprinklers
Home Design
- Frame Construction
- Shingle Roof
- Aluminum Siding
- Vinyl Siding
- Asphalt
Interior Spaces
- 1,580 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Screened Porch
Kitchen
- Electric Oven
- Electric Range
- Dishwasher
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry in unit
- Washer and Electric Dryer Hookup
Parking
- 1 Attached Carport Space
- RV Access or Parking
Outdoor Features
- Shed
Schools
- University Park Elementary School
- Stone Middle School
- Melbourne High School
Utilities
- Central Air
- Heating Available
- Electric Water Heater
Community Details
- No Home Owners Association
- Magnolia Park Plat No 2 Subdivision
Listing and Financial Details
- Assessor Parcel Number 28-37-04-02-00007.0-0014.00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 30, 2024
Closed on
Jan 13, 2025
Sold by
Lloyd N Cowan Revocable Living Trust and Cowan Timothy S
Bought by
Dunne Walker
Seller's Agent
Mariacher Musucc Home Selling Team
Relentless Real Estate Co.
Buyer's Agent
Matt Canina
Florida Elite Real Estate
List Price
$330,000
Sold Price
$240,000
Premium/Discount to List
-$90,000
-27.27%
Views
99
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
$17,304
Avg. Annual Appreciation
12.73%
Original Mortgage
$228,000
Outstanding Balance
$227,415
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$30,778
Purchase Details
Closed on
Aug 4, 2023
Sold by
Loquat 1765 Property Llc
Bought by
Roberts Family Trust and Roberts
Purchase Details
Closed on
Jun 24, 2009
Sold by
Cowan Lloyd N
Bought by
Cowan Lloyd N and The Lloyd N Cowan Revocable Li
Similar Homes in Melbourne, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $240,000 | Alliance Title | |
| Warranty Deed | $240,000 | Alliance Title | |
| Special Warranty Deed | $429,900 | Supreme Title Closings | |
| Warranty Deed | -- | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $228,000 | New Conventional | |
| Closed | $228,000 | New Conventional | |
| Previous Owner | $117,000 | Commercial | |
| Previous Owner | $150,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/13/2025 01/13/25 | Sold | $240,000 | -19.7% | $152 / Sq Ft |
| 11/26/2024 11/26/24 | Pending | -- | -- | -- |
| 09/29/2024 09/29/24 | Price Changed | $299,000 | -8.0% | $189 / Sq Ft |
| 09/10/2024 09/10/24 | Price Changed | $325,000 | -1.5% | $206 / Sq Ft |
| 08/30/2024 08/30/24 | For Sale | $330,000 | -- | $209 / Sq Ft |
Source: Space Coast MLS (Space Coast Association of REALTORS®)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $863 | $91,620 | -- | -- |
| 2023 | $863 | $88,960 | $0 | $0 |
| 2022 | $857 | $86,370 | $0 | $0 |
| 2021 | $848 | $83,860 | $0 | $0 |
| 2020 | $833 | $82,710 | $0 | $0 |
| 2019 | $825 | $80,860 | $0 | $0 |
| 2018 | $813 | $79,360 | $0 | $0 |
| 2017 | $803 | $77,730 | $0 | $0 |
| 2016 | $809 | $76,140 | $33,000 | $43,140 |
| 2015 | $822 | $75,620 | $27,500 | $48,120 |
| 2014 | $808 | $75,020 | $22,000 | $53,020 |
Source: Public Records
Agents Affiliated with this Home
-
Mariacher Musucc Home Selling Team
M
Seller's Agent in 2025
Mariacher Musucc Home Selling Team
Relentless Real Estate Co.
(321) 302-0763
1 in this area
113 Total Sales
-
Matt Canina
Buyer's Agent in 2025
Matt Canina
Florida Elite Real Estate
(321) 266-1798
1 in this area
101 Total Sales
Map
Source: Space Coast MLS (Space Coast Association of REALTORS®)
MLS Number: 1023256
APN: 28-37-04-02-00007.0-0014.00
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