$825,000
SOLD JUL 2, 2025

7102 Mercado Ln Melbourne, FL 32940

4 Beds
4.5 Baths
3,436 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$240 Per Sq Ft

8% Below List Price

124 Days on Market

Highlights

  • Pond View
  • Main Floor Primary Bedroom
  • Terrace
  • Quest Elementary School Rated A-
  • Corner Lot
  • Screened Porch

About This Home

As of July 2025

PRICE REDUCED BY $10K! This highly sought after Mecina Model, located on a corner lot in Arrivas Village is located in the heart of Viera. With over $250,000 in upgrades, this exquisite home offers a multitude of must see amenities. The spacious interior (over 3,400 square feet) is well allocated with 4 bedrooms, 4.5 bathrooms and a separate guest suite. Enter the foyer and be greeted by a light-filled den which includes a stunning wood stained staircase. This Mediterranean inspired home expands outdoor living with a second kitchen in the expansive covered and newly screened in courtyard. HOA covers lawn care and maintenance, irrigation, whole house exterior painting and access to community pool. The gourmet kitchen includes 42'' cabinets, stainless steel appliances and a gas stove. Reverse osmosis at kitchen sink, tankless H2O. Tile throughout the house. Second laundry room hook-up located on first floor. Exterior of home painted Feb 2025.

Last Agent to Sell the Property

Rick Harris

Daignault Realty Inc License #3317425 Listed on: 01/30/2025

Last Buyer's Agent

Jennifer Jacano

BHHS Florida Realty License #3119168

BHHS Florida Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,252

Year Built

  • Built in 2018 | Remodeled

Lot Details

  • 7,841 Sq Ft Lot
  • Northeast Facing Home
  • Fenced
  • Corner Lot

HOA Fees

  • $239 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Frame Construction
  • Tile Roof
  • Concrete Siding
  • Block Exterior
  • Asphalt
  • Stucco

Interior Spaces

  • 3,436 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Ceiling Fan
  • Screened Porch
  • Tile Flooring
  • Pond Views

Kitchen

  • Breakfast Bar
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry on upper level
  • Sink Near Laundry
  • Gas Dryer Hookup

Home Security

  • Security System Leased
  • Smart Thermostat
  • High Impact Windows

Outdoor Features

  • Balcony
  • Courtyard
  • Terrace

Schools

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

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Natural Gas
  • Tankless Water Heater
  • Gas Water Heater

Community Details

  • Association fees include ground maintenance
  • Fairway Management Association
  • Arrivas Village Phase 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 26-36-09-52-0000x.0-0003.00
  • Community Development District (CDD) fees
  • $280 special tax assessment

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,252

Year Built

Built in 2018 | Remodeled

Lot Details

0

HOA Fees

$239 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2018
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Gas Dryer Hookup, In Unit, Sink, Upper Level
  • ResoLotFeatures: Corner Lot
  • Road Surface Type: Asphalt
  • Reso View: Pond, Water
  • ResoSecurityFeatures: Security System Leased
  • Reso Association Fee Includes: Maintenance Grounds
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Arrivas Village Phase 1
  • Architectural Style: Other
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Property Condition: Updated/Remodeled
  • Location Tax and Legal Parcel Number2: 26-36-09-52-0000x.0-0003.00
  • 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: 9251.8
  • Location Tax and Legal Tax Year2: 2024
  • General Property Information Living Area2: 3436.0
  • General Property Information Lot Size Acres: 0.18
  • General Property Information Lot Size Square Feet2: 7841.0
  • 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: Northeast
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Fencing Fenced2: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • General Property Information Community Fee(s) YN: No
  • Laundry Features Gas Dryer Hookup: Yes
  • Pets Allowed Yes: Yes
  • Road Surface Type Asphalt: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Electricity Connected: Yes
  • ViewPond: Yes
  • Laundry Features Sink: Yes
  • Levels Two: Yes
  • Water Source Public: Yes
  • Roof:Tile2: Yes
  • General Property Information Carport YN2: No
  • View Water3: Yes
  • Cooling Zoned: Yes
  • Security Features Security System Leased: Yes
  • Utilities Natural Gas Connected: Yes
  • Interior Features Jack and Jill Bath: Yes
  • Utilities Sewer Connected: Yes
  • General Property Information CDD Fee YN: Yes
  • Utilities Water Connected: Yes
  • Property Condition UpdatedRemodeled: Yes
  • General Property Information CDD Fee Amount: 280.0
  • General Property Information Stories2: 2
  • Laundry Features Upper Level: Yes
  • General Property Information:Pool Private YN: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Breakfast Bar, Built-in Features, Ceiling Fan(s), Jack and Jill Bath, Kitchen Island, Pantry, Primary Bathroom - Tub with Shower, Primary Downstairs, Smart Thermostat, Split Bedrooms, Walk-In Closet(s)
  • Flooring: Tile
  • Appliances: Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Refrigerator, Tankless Water Heater
  • 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:Gas Range: Yes
  • Appliances:Tankless Water Heater: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Built-in Features: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Gas Water Heater: Yes
  • Laundry Features:In Unit: Yes
  • Interior Features:Smart Thermostat: Yes

Exterior Features

  • Exterior Features: Balcony, Courtyard, Impact Windows
  • Roof: Tile
  • Fencing: Fenced
  • Acres: 0.18
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Block, Concrete, Frame, Stucco
  • Direction Faces: Northeast
  • Patio And Porch Features: Porch, Screened, Terrace
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Construction Materials:Frame: Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:Courtyard: Yes
  • Lot Features:Corner Lot: Yes
  • Exterior Features:Impact Windows: Yes
  • Patio And Porch Features:Terrace: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air, Electric, Zoned
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Central, Natural Gas
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 717.0
  • Association Fee Frequency: Quarterly
  • Association Name: Fairway Management
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: Fairway Management
  • General Property Information:Association Fee: 717.0
  • General Property Information:Association Fee Frequency: Quarterly
  • Association Fee Includes:Maintenance Grounds: Yes

Schools

  • Middle Or Junior School: Viera Middle School

Lot Info

  • Current Use: Single Family
  • Lot Size Sq Ft: 7841.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 3011765
  • Parcel #: 26-36-09-52-0000x.0-0003.00

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 9251.8

MLS Schools

  • Elementary School: Quest
  • High School: Viera

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2025
Closed on
Jul 2, 2025
Sold by
Buono Lawrence M and Buono Christine S
Bought by
Farley William and Farley Lorna
Seller's Agent
Rick Harris
Daignault Realty Inc
Buyer's Agent
Jennifer Jacano
BHHS Florida Realty
List Price
$895,000
Sold Price
$825,000
Premium/Discount to List
-$70,000
-7.82%
Views
57

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.75%
Original Mortgage
$660,000
Outstanding Balance
$659,432
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$185,988

Purchase Details

Listed on
Apr 14, 2021
Closed on
Jul 28, 2021
Sold by
Furno Vincent E and Furno Trudy A
Bought by
Buono Lawrence M and Buono Christine S
Seller's Agent
Justin Core
Core Group Real Estate LLC
Buyer's Agent
Rick Harris
Crossover Commercial Group, In
List Price
$750,000
Sold Price
$735,000
Premium/Discount to List
-$15,000
-2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.98%

Purchase Details

Closed on
Sep 14, 2018
Sold by
Viera Builders Inc
Bought by
Furno Vincent E and Furno Trudy A

Purchase Details

Closed on
Apr 1, 2017
Bought by
Viera Builders Inc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $825,000 Title Solutions
Warranty Deed $825,000 Title Solutions
Warranty Deed $735,000 Champion Title & Closing
Warranty Deed $621,400 Attorney
Deed $100 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $660,000 New Conventional
Closed $660,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2025 07/02/25 Sold $825,000 -2.4% $240 / Sq Ft
06/03/2025 06/03/25 Pending -- -- --
05/21/2025 05/21/25 Price Changed $845,000 -2.3% $246 / Sq Ft
04/24/2025 04/24/25 Price Changed $865,000 -2.3% $252 / Sq Ft
03/11/2025 03/11/25 Price Changed $885,000 -1.1% $258 / Sq Ft
01/30/2025 01/30/25 For Sale $895,000 +21.8% $260 / Sq Ft
07/28/2021 07/28/21 Sold $735,000 -2.0% $214 / Sq Ft
07/03/2021 07/03/21 Pending -- -- --
04/14/2021 04/14/21 For Sale $750,000 -- $218 / 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 $9,550 $743,180 -- --
2023 $9,550 $720,010 $0 $0
2022 $8,395 $651,440 $0 $0
2021 $6,065 $453,470 $0 $0
2020 $6,019 $447,210 $0 $0
2019 $5,998 $437,160 $0 $0
2018 $1,062 $61,600 $61,600 $0
2017 $906 $15,400 $0 $0
2016 $180 $11,550 $11,550 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

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

MLS Number: 1035789

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 26-36-09-52-0000X.0-0003.00