7072 Mercado Ln Melbourne, FL 32940
5
Beds
4.5
Baths
3,446
Sq Ft
6,970
Sq Ft Lot
Highlights
- In Ground Pool
- Lake View
- Main Floor Primary Bedroom
- Quest Elementary School Rated A-
- Open Floorplan
- Loft
About This Home
As of July 2025Better than NEW, just built in 2019. This Mecina model with optional Studio has 5 bedrooms, 4.5 Baths & 3446sf of living space. Located on one of the largest & well placed lots in Arrivas near the pool, dog park & lake. Boasting a private courtyard, screened lanai & lake views. Pride of ownership exudes as you enter. The deluxe wood plank tile flooring has all been sealed, windows are covered with plantation shutters & neutral color selections will please all buyers. The open studio with bathroom can be an office, bedroom, media or game room. The kitchen boasts white shaker cabinets, stainless appliances & induction/convection stove/oven. Master suite is equipped with double sinks & large custom touchless shower. Also includes the popular expanded golf cart garage space.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,996
Year Built
- Built in 2019
Lot Details
- 6,970 Sq Ft Lot
- Southeast Facing Home
HOA Fees
Parking
- 3 Car Attached Garage
Property Views
- Lake
- Pond
Home Design
- Frame Construction
- Tile Roof
- Wood Siding
- Concrete Siding
- Block Exterior
- Stucco
Interior Spaces
- 3,446 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Built-In Features
- Ceiling Fan
- Family Room
- Dining Room
- Loft
- Bonus Room
- Sun or Florida Room
Kitchen
- Breakfast Bar
- Electric Range
- Microwave
- Kitchen Island
- Disposal
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom on Main
- Split Bedroom Floorplan
- Dual Closets
- Separate Shower in Primary Bathroom
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Outdoor Features
- In Ground Pool
- Balcony
- Porch
Schools
- Quest Elementary School
- Kennedy Middle School
- Viera High School
Utilities
- Central Heating and Cooling System
- Tankless Water Heater
- Gas Water Heater
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 26-36-09-52-0000z.0-0002.00
Community Details
Overview
- Fairway Management Association
- Maintained Community
Recreation
- Community Playground
- Community Pool
- Park
- Jogging Path
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 19, 2020
Closed on
Dec 17, 2020
Sold by
Barnes Douglas E and Barnes Brenda F
Bought by
Stickland Philip Roy and Stickland Denise A
Seller's Agent
Eric Power
Power Realty, LLC
Buyer's Agent
Gary Reda Jr.
Florida Realty Investments
List Price
$629,900
Sold Price
$590,000
Premium/Discount to List
-$39,900
-6.33%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.26%
Original Mortgage
$472,000
Outstanding Balance
$426,666
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$387,917
Purchase Details
Closed on
Mar 28, 2019
Sold by
Viera Builders Inc
Bought by
Barnes Brenda F and Barnes Douglas E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
4.3%
Mortgage Type
New Conventional
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 | $590,000 | Prestige Ttl Of Brevard Llc | |
| Warranty Deed | $578,000 | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $472,000 | New Conventional | |
| Previous Owner | $260,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/18/2025 07/18/25 | Sold | $795,000 | -3.0% | $231 / Sq Ft |
| 06/06/2025 06/06/25 | Pending | -- | -- | -- |
| 06/02/2025 06/02/25 | Price Changed | $819,900 | -0.6% | $238 / Sq Ft |
| 04/15/2025 04/15/25 | Price Changed | $824,900 | -2.8% | $239 / Sq Ft |
| 03/27/2025 03/27/25 | Price Changed | $849,000 | -1.3% | $246 / Sq Ft |
| 03/22/2025 03/22/25 | Price Changed | $860,000 | -2.3% | $250 / Sq Ft |
| 03/13/2025 03/13/25 | For Sale | $880,000 | +49.2% | $255 / Sq Ft |
| 12/18/2020 12/18/20 | Sold | $590,000 | -1.7% | $171 / Sq Ft |
| 11/13/2020 11/13/20 | Pending | -- | -- | -- |
| 10/28/2020 10/28/20 | Price Changed | $599,900 | -4.8% | $174 / Sq Ft |
| 09/19/2020 09/19/20 | For Sale | $629,900 | -- | $183 / 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 |
|---|---|---|---|---|
| 2023 | $8,416 | $674,810 | $0 | $0 |
| 2022 | $7,336 | $608,440 | $0 | $0 |
| 2021 | $6,803 | $472,210 | $56,000 | $416,210 |
| 2020 | $4,996 | $369,690 | $0 | $0 |
| 2019 | $963 | $56,000 | $56,000 | $0 |
| 2018 | $788 | $56,000 | $56,000 | $0 |
| 2017 | $824 | $14,000 | $0 | $0 |
| 2016 | $164 | $10,500 | $10,500 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
C
Seller's Agent in 2025
Cynthia Young
Real Broker, LLC
-
S
Buyer's Agent in 2025
Silvia Mozer
RE/MAX
-
E
Seller's Agent in 2020
Eric Power
Power Realty, LLC
-
G
Buyer's Agent in 2020
Gary Reda Jr.
Florida Realty Investments
Map
Source: Space Coast MLS (Space Coast Association of REALTORS®)
MLS Number: 885729
APN: 26-36-09-52-0000Z.0-0002.00
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