NOT LISTED FOR SALE

448 Lorelei Ave Melbourne, FL 32901

Estimated Value: $352,000 - $412,000

3 Beds
2 Baths
1,886 Sq Ft
$202/Sq Ft Est. Value

Last Sold December 29, 2023

Last sale price $340,000 $180 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,649/month

235 Days on Market

Highlights

  • Fitness Center
  • Active Adult
  • Clubhouse
  • In Ground Pool
  • Open Floorplan
  • Tennis Courts

About This Home

As of December 2023

PRICE REDUCED, AND FRESHLY PAINTED LIVING ROOM AND DINING ROOM. BRING OFFERS! Charming and welcoming 3 bedroom, 2 bath home in the gated and highly desirable 55+ community of Alamanda Key! Built in 2017, the home features a metal roof, interior updates, designer lighting, and beautiful landscaping. The community of Alamanda Key has 2 lakes as a focal point and is known for great amenities that include an Island-style clubhouse, fitness room, pool, tennis courts, & wide walking / bike path. It's also i an ideal location for quick access to shopping and I-95 for travel to international airports. Close to downtown Melbourne & Viera, a quick 10 minute drive to Melbourne Orlando Airport, or the beach in less than 20 minutes! Irrigation & lawn maintenance included. Live the Florida lifestyle... at an affordable price in beautiful surroundings. Don't miss this gorgeous home!

Last Agent to Sell the Property

Barbara Schluraff

Century 21 Ocean License #3633896 Listed on: 03/30/2023

Last Buyer's Agent

Wendy Vaidic

Hoven Real Estate License #3327299

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,383

Year Built

  • Built in 2017

Lot Details

  • 4,792 Sq Ft Lot
  • South Facing Home
  • Front and Back Yard Sprinklers

HOA Fees

  • $200 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Metal Roof
  • Concrete Siding
  • Block Exterior
  • Asphalt
  • Stucco

Interior Spaces

  • 1,886 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

  • Security Gate
  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Pool

  • In Ground Pool

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 28-37-16-55-0000g.0-0021.00

Community Details

Overview

  • Active Adult
  • Orlando Alvarado Association, Phone Number (407) 455-5950
  • Alamanda Key Phase 2 Subdivision
  • Maintained Community

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,383

Year Built

Built in 2017

Lot Details

0

HOA Fees

$200 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2017
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Sprinklers In Front, Sprinklers In Rear
  • Road Surface Type: Asphalt
  • ResoSecurityFeatures: Security Gate, Smoke Detector(s)
  • Reso Association Amenities: Clubhouse, Fitness Center, Maintenance Grounds, Management - Full Time, Management - Off Site, Pool, Spa/Hot Tub, Tennis Court(s)
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Alamanda Key Phase 2
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 28-37-16-55-0000g.0-0021.00
  • Location Tax and Legal Elementary School: University Park
  • Location Tax and Legal Middle School2: Stone
  • Location Tax and Legal High School: Palm Bay
  • Location Tax and Legal Tax Annual Amount: 3383.15
  • Location Tax and Legal Tax Year2: 2022
  • General Property Information Living Area2: 1886.0
  • General Property Information Building Area Total3: 2306.0
  • General Property Information Lot Size Acres: 0.11
  • General Property Information Lot Size Square Feet2: 4792.0
  • General Property Information New Construction YN: No
  • General Property Information Waterfront YN: No
  • General Property Information Senior Community YN: Yes
  • General Property Information Direction Faces: South
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Flooring Laminate: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • General Property Information Community Fee(s) YN: No
  • Appliances Dryer: Yes
  • Washers: Yes
  • Levels One: Yes
  • Pool Features In Ground: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Road Surface Type Asphalt: Yes
  • Security Features Security Gate: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Flooring Carpet: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • General Property Information Association Phone: 407-455-5950
  • General Property Information CDD Fee YN: No
  • General Property Information:Pool Private YN: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Ceiling Fan(s), Open Floorplan, Pantry, Primary Bathroom - Tub with Shower, Split Bedrooms, Walk-In Closet(s)
  • Flooring: Carpet, Laminate, Tile
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Gas Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Gas Range: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Walk-In Closet(s): Yes

Exterior Features

  • Exterior Features: Storm Shutters
  • Pool Features: In Ground
  • Roof: Metal
  • Acres: 0.11
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: South
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Exterior Features:Storm Shutters: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Lot Features:Sprinklers In Rear: Yes
  • ConstructionSiding:Roof Metal: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Attached: Yes

Utilities

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

Condo/Co-op/Association

  • Senior Community: Yes
  • Association Fee: 200.0
  • Association Fee Frequency: Monthly
  • Association Name: Orlando Alvarado
  • Phone: 407-455-5950
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: Orlando Alvarado
  • General Property Information:Association Fee: 200.0
  • General Property Information:Association Fee Frequency: Monthly
  • Association Amenities:SpaHot Tub: Yes
  • Association Amenities:Clubhouse: Yes
  • Association Amenities:Fitness Center: Yes
  • Association Amenities:Tennis Court(s)2: Yes
  • Association Amenities:Pool3: Yes

Schools

  • Middle Or Junior School: Stone

Lot Info

  • Current Use: Residential, Single Family
  • Lot Size Sq Ft: 4792.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 28-37-16-55-0000g.0-0021.00

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3383.15

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2023
Closed on
Dec 29, 2023
Sold by
Grayson John Edgar and Allison Dawn
Bought by
Gault Pelham Rea and Gault Juanita B
Seller's Agent
Barbara Schluraff
Century 21 Ocean
Buyer's Agent
Wendy Vaidic
Hoven Real Estate
List Price
$365,000
Sold Price
$340,000
Premium/Discount to List
-$25,000
-6.85%
Views
387
Current Estimated Value
$380,671

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,671
Avg. Annual Appreciation
5.84%
Original Mortgage
$272,000
Outstanding Balance
$267,538
Interest Rate
7.29%
Mortgage Type
New Conventional
Estimated Equity
$113,133

Purchase Details

Closed on
Aug 30, 2017
Sold by
Life Style Homes Builders Inc
Bought by
Grayson John Edgar and Grayson Allison Dawn

Purchase Details

Closed on
Sep 1, 2016
Bought by
Life Style Homes Builders Inc
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

Date Buyer Sale Price Title Company
Gault Pelham Rea $340,000 International Title
Gault Pelham Rea $340,000 International Title
Grayson John Edgar $255,900 State Title Partners Lp
Life Style Homes Builders Inc $29,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gault Pelham Rea $272,000
Closed Gault Pelham Rea $272,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/29/2023 12/29/23 Sold $340,000 -6.8% $180 / Sq Ft
11/20/2023 11/20/23 Pending -- -- --
11/20/2023 11/20/23 For Sale $365,000 0.0% $194 / Sq Ft
10/24/2023 10/24/23 Price Changed $365,000 -6.2% $194 / Sq Ft
07/24/2023 07/24/23 Price Changed $389,000 -2.0% $206 / Sq Ft
07/06/2023 07/06/23 Price Changed $397,000 -0.5% $210 / Sq Ft
05/30/2023 05/30/23 Price Changed $399,000 -3.9% $212 / Sq Ft
04/25/2023 04/25/23 Price Changed $415,000 -2.4% $220 / Sq Ft
03/30/2023 03/30/23 For Sale $425,000 -- $225 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

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 $5,383 $328,190 -- --
2024 $3,596 $346,530 -- --
2023 $3,596 $240,530 $0 $0
2022 $3,383 $233,530 $0 $0
2021 $3,431 $226,730 $0 $0
2020 $3,395 $223,600 $15,200 $208,400
2019 $3,457 $220,250 $15,200 $205,050
2018 $4,119 $209,080 $15,200 $193,880
2017 $362 $3,800 $0 $0
2016 $252 $15,600 $15,600 $0
2015 $207 $10,000 $10,000 $0
2014 $194 $10,000 $10,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 961089

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-37-16-55-0000G.0-0021.00