$795,000
SOLD JUL 18, 2025

7072 Mercado Ln Melbourne, FL 32940

4 Beds
4.5 Baths
3,446 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$231 Per Sq Ft

10% Below List Price

84 Days on Market

Highlights

  • Lake View
  • Open Floorplan
  • Spanish Architecture
  • Quest Elementary School Rated A-
  • Main Floor Primary Bedroom
  • Screened Porch

About This Home

As of July 2025

Highly motivated sellers! Welcome to this stunning 4-bedroom, 4.5-bathroom home nestled in the highly sought-after Arrivas Village community of Viera! The bonus room with it's own stairway access and full bathroom is well suited for multi-generational living.
With low HOA fees and virtually no outside maintenance, this home offers the perfect alternative to condo living.
Enjoy the Florida lifestyle with a beautifully designed courtyard on an oversized lot with a lake view. The upstairs balcony offers the perfect space for viewing rocket launches.
The location is within walking distance to golf courses, shopping, dining and entertainment. Bring your golf cart, there is a garage designed just for it! The area is home to brand new schools for all ages.
Easy access to I-95, makes for an quick commute to the Orlando Airport, Kennedy Space Center and Melbourne businesses.

Last Agent to Sell the Property

Cynthia Young

Real Broker, LLC License #3508575 Listed on: 03/13/2025

Real Broker, LLC

Last Buyer's Agent

Silvia Mozer

RE/MAX Elite License #3078462

RE/MAX Elite

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,763

Year Built

  • Built in 2019

Lot Details

  • 6,970 Sq Ft Lot
  • Property fronts a county road
  • East Facing Home
  • Wrought Iron Fence
  • Front and Back Yard Sprinklers
  • Zero Lot Line

HOA Fees

Parking

  • 2.5 Car Attached Garage
  • Garage Door Opener
  • Additional Parking
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Spanish Architecture
  • Frame Construction
  • Tile Roof
  • Block Exterior
  • Asphalt
  • Stucco

Interior Spaces

  • 3,446 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Screened Porch
  • Lake Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Oven
  • Induction Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Dual Closets
  • Walk-In Closet
  • In-Law or Guest Suite
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry on upper level
  • Washer
  • Sink Near Laundry

Home Security

  • Security System Owned
  • Smart Thermostat
  • Hurricane or Storm Shutters
  • High Impact Windows
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Balcony
  • Courtyard

Schools

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

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Underground Utilities
  • Tankless Water Heater
  • Gas Water Heater
  • Water Softener is Owned
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 26-36-09-52-0000z.0-0002.00

Community Details

Overview

  • Association fees include ground maintenance
  • Arrivas Home Owners Association, Phone Number (321) 777-7575
  • Arrivas Village Phase 2 Subdivision
  • Maintained Community

Recreation

  • Community Playground
  • Community Pool
  • Dog Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,763

Year Built

Built in 2019

Lot Details

0

HOA Fees

$262 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2019
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, In Unit, Sink, Upper Level
  • ResoLotFeatures: Sprinklers In Front, Sprinklers In Rear, Zero Lot Line
  • Road Frontage Type: County Road
  • Road Surface Type: Asphalt, Paved
  • Reso View: Lake, Water
  • ResoSecurityFeatures: Carbon Monoxide Detector(s), Security System Owned, Smoke Detector(s)
  • Reso Association Amenities: Dog Park, Maintenance Grounds, Playground, Pool
  • Reso Association Fee Includes: Maintenance Grounds
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Arrivas Village - Phase 2
  • Architectural Style: Spanish
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Financial Info Electric: Underground
  • Location Tax and Legal Parcel Number2: 26-36-09-52-0000z.0-0002.00
  • Location Tax and Legal Elementary School: Quest
  • Location Tax and Legal Middle School2: Viera Middle School
  • Location Tax and Legal High School: Viera
  • Location Tax and Legal Tax Annual Amount: 8763.28
  • Location Tax and Legal Tax Year2: 2024
  • General Property Information Living Area2: 3446.0
  • General Property Information Lot Size Acres: 0.16
  • General Property Information Lot Size Square Feet2: 6970.0
  • General Property Information New Construction YN: No
  • General Property Information Waterfront YN: No
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: East
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Flooring Tile: Yes
  • General Property Information Community Fee(s) YN: No
  • Washers: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Road Surface Type Asphalt: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Flooring Carpet: Yes
  • Laundry Features Sink: Yes
  • Levels Two: Yes
  • Water Source Public: Yes
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • Roof:Tile2: Yes
  • General Property Information Carport YN2: No
  • Pets Allowed Cats OK: Yes
  • Utilities Water Available: Yes
  • View Water3: Yes
  • Security Features Security System Owned: Yes
  • General Property Information Association Phone: 321-777-7575
  • Interior Features Guest Suite: Yes
  • Fencing Wrought Iron: Yes
  • Utilities Sewer Available: Yes
  • Pets Allowed Dogs OK: Yes
  • Utilities Electricity Available: Yes
  • Utilities Sewer Connected: Yes
  • Utilities Natural Gas Available: Yes
  • Electric Underground: Yes
  • General Property Information Land Lease YN2: No
  • Location Tax and Legal Zoning Description2: Residential
  • General Property Information CDD Fee YN: No
  • Cooling Multi Units: Yes
  • Security Features Carbon Monoxide Detector(s): Yes
  • Utilities Cable Connected: Yes
  • Utilities Water Connected: Yes
  • Smart Home Features Programmable Thermostat: Yes
  • General Property Information Stories2: 2
  • Laundry Features Upper Level: Yes
  • Road Frontage Type County Road: Yes
  • Architectural Style Spanish: Yes
  • General Property Information:Pool Private YN: No
  • General Property Information:Accessory Dwelling Unit YN: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen, Guest Suite, His and Hers Closets, Open Floorplan, Primary Bathroom -Tub with Separate Shower, Primary Downstairs, Split Bedrooms, Walk-In Closet(s)
  • Flooring: Carpet, Tile
  • Appliances: Dishwasher, Electric Oven, Gas Water Heater, Induction Cooktop, Microwave, Refrigerator, Tankless Water Heater, Washer, Water Softener Owned
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Stories: 2
  • General Property Information Bathrooms Half: 1
  • Appliances Dishwasher: Yes
  • Interior Features:Primary Downstairs: Yes
  • Appliances:Tankless Water Heater: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:His and Hers Closets: Yes
  • Appliances:Water Softener-Owned: Yes
  • Appliances:Gas Water Heater: Yes
  • Appliances:Electric Oven: Yes
  • Appliances:Induction Cooktop: Yes
  • Laundry Features:In Unit: Yes

Exterior Features

  • Exterior Features: Balcony, Courtyard, Impact Windows, Storm Shutters
  • Roof: Tile
  • Fencing: Wrought Iron
  • Acres: 0.16
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Block, Frame, Stucco
  • Direction Faces: East
  • Patio And Porch Features: Covered, Porch, Screened, Side Porch
  • Construction Materials:Block2: Yes
  • Construction Materials:Stucco: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Exterior Features:Storm Shutters: Yes
  • View:Lake: Yes
  • Construction Materials:Frame: Yes
  • Exterior Features:Balcony: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Lot Features:Sprinklers In Rear: Yes
  • Patio and Porch Features:Side Porch: Yes
  • Exterior Features:Courtyard: Yes
  • Lot Features:Zero Lot Line: Yes
  • Exterior Features:Impact Windows: Yes
  • Patio And Porch Features:Covered2: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.5
  • Parking Features: Additional Parking, Attached, Garage, Garage Door Opener, Off Street, On Street
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.5
  • Parking Features:Additional Parking: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:On Street: Yes
  • Parking Features:Off Street: Yes

Utilities

  • Cooling: Central Air, Electric, Multi Units
  • Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Sewer Available, Sewer Connected, Water Available, Water Connected
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association #2 Fee: 280.0
  • Association #2 Fee Frequency: Annually
  • Association Fee: 717.0
  • Association Fee Frequency: Quarterly
  • Association Name: Arrivas Home Owners Association
  • Phone: 321-777-7575
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: Arrivas Home Owners Association
  • General Property Information:Association Fee: 717.0
  • General Property Information:Association Fee Frequency: Quarterly
  • General Property Information:Association Fee 2: 280.0
  • General Property Information:Association Fee 2 Frequency: Annually
  • Association Amenities:Playground: Yes
  • Association Amenities:Dog Park: Yes
  • Association Fee Includes:Maintenance Grounds: Yes
  • Association Amenities:Pool3: Yes

Schools

  • Middle Or Junior School: Viera Middle School

Lot Info

  • Current Use: Residential, Single Family
  • Land Lease: No
  • Lot Size Sq Ft: 6970.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 3011773
  • Parcel #: 26-36-09-52-0000z.0-0002.00
  • Zoning Description: Residential

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 8763.28

MLS Schools

  • Elementary School: Quest
  • High School: Viera

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2025
Closed on
Jul 18, 2025
Sold by
Crisler Denise Ann and Stickland Philip Roy
Bought by
Setterberg Michael L and Setterberg Joanna M
Seller's Agent
Cynthia Young
Real Broker, LLC
Buyer's Agent
Silvia Mozer
RE/MAX Elite
List Price
$880,000
Sold Price
$795,000
Premium/Discount to List
-$85,000
-9.66%
Views
38

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.50%
Original Mortgage
$808,117
Outstanding Balance
$807,429
Interest Rate
6.81%
Mortgage Type
VA
Estimated Equity
-$3,366

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
6.73%
Original Mortgage
$472,000
Interest Rate
2.8%
Mortgage Type
New Conventional

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
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $795,000 Bella Title & Escrow
Warranty Deed $795,000 Bella Title & Escrow
Warranty Deed $590,000 Prestige Ttl Of Brevard Llc
Warranty Deed $590,000 Prestige Title
Warranty Deed $578,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $808,117 VA
Closed $808,117 VA
Previous Owner $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

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
2024 $8,416 $698,660 -- --
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

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Map

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

MLS Number: 1039410

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 26-36-09-52-0000Z.0-0002.00