$370,871 - $395,000
RENTED FEB 1, 2025

7216 Hammock Lakes Dr Melbourne, FL 32940

3 Beds
2 Baths
1,463 Sq Ft
$263 Price per Sq Ft

Last Sold February 06, 2017

Last sale price $170,000 $116 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $2,521/month

About This Home

As of February 2017

Application pending - Lakefront Home - Great location at Hammocks Lakes subdivision. 3 Bed 2 Bath 2 car garage. Tile flooring throughout house, gas stove and water heater with an open floor plan. Washer and dryer included. Small pet considered on case-by-case basis. Renters insurance is required.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2016
Closed on
Jan 1, 2017
Bought by
Shedrow David
Seller's Agent
Chris C.R. Register
Real Broker LLC
Buyer's Agent
Silvia Mozer
RE/MAX Elite
List Price
$194,000
Sold Price
$170,000
Premium/Discount to List
-$24,000
-12.37%
Current Estimated Value
$384,968

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$214,968
Avg. Annual Appreciation
10.34%

Purchase Details

Closed on
Jun 22, 1999
Sold by
Draugel John W
Bought by
Zinkel Arthur W and Zinkel Florence

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
7.13%

Purchase Details

Closed on
Dec 19, 1994
Sold by
Draugel John W and Draugel Susan L
Bought by
Draugel John W

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Shedrow David $170,000 --
Zinkel Arthur W $90,000 --
Draugel John W $30,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zinkel Arthur W $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2025 02/01/25 Rented $2,250 0.0% --
01/15/2025 01/15/25 Under Contract -- -- --
12/20/2024 12/20/24 Price Changed $2,250 -4.3% $2 / Sq Ft
11/25/2024 11/25/24 Price Changed $2,350 -4.1% $2 / Sq Ft
11/07/2024 11/07/24 For Rent $2,450 +16.7% --
10/15/2022 10/15/22 Rented $2,100 0.0% --
10/05/2022 10/05/22 Under Contract -- -- --
10/03/2022 10/03/22 For Rent $2,100 +23.5% --
09/18/2020 09/18/20 Rented $1,700 0.0% --
09/04/2020 09/04/20 Under Contract -- -- --
08/28/2020 08/28/20 For Rent $1,700 +3.0% --
01/09/2020 01/09/20 Rented $1,650 -2.9% --
01/09/2020 01/09/20 Under Contract -- -- --
01/01/2020 01/01/20 For Rent $1,700 0.0% --
02/06/2017 02/06/17 Sold $170,000 -7.6% $116 / Sq Ft
12/29/2016 12/29/16 Pending -- -- --
11/30/2016 11/30/16 Price Changed $184,000 -3.1% $126 / Sq Ft
11/05/2016 11/05/16 Price Changed $189,900 -2.1% $130 / Sq Ft
09/19/2016 09/19/16 For Sale $194,000 -- $133 / Sq Ft

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
2023 $4,390 $297,900 $0 $0
2022 $3,902 $267,670 $0 $0
2021 $3,744 $201,140 $69,000 $132,140
2020 $3,585 $184,740 $54,000 $130,740
2019 $3,546 $180,280 $54,000 $126,280
2018 $3,442 $168,230 $42,000 $126,230
2017 $2,040 $105,160 $0 $0
2016 $2,050 $103,000 $31,000 $72,000
2015 $2,082 $102,290 $29,000 $73,290
2014 $2,087 $101,480 $29,000 $72,480
Source: Public Records

Agents Affiliated with this Home

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