NOT LISTED FOR SALE

7504 Loren Cove Dr Melbourne, FL 32940

Estimated Value: $413,000 - $436,000

3 Beds
2 Baths
1,678 Sq Ft
$252/Sq Ft Est. Value

Last Sold April 27, 2020

Last sale price $315,000 $188 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $2,703/month

Highlights

  • Lake Front
  • In Ground Pool
  • Screened Porch
  • Viera Elementary School Rated A
  • Home fronts a pond
  • Eat-In Kitchen

About This Home

As of December 2022

~* FULLY FURNISHED HOME AVAILABLE FOR RENT IN LOREN COVE! *~ 3 Bed, 2 Bath, 2-Car Garage. Large Great room looks out onto the screened lanai, which offers expansive views of the lake. Ultra-spacious kitchen features solid counter tops, a gas range, breakfast bar and nook. Master Bedroom has a large closet, double sinks, a shower and separate tub. Split floor plan. Tile throughout entire home. Washer/Dryer included. The luxurious Addison Village community center is steps away and features a clubhouse, tennis courts, two pools, and a schedule of planned activities. Close to other Viera parks, playgrounds, walking and biking trails. Retail and restaurants at the Avenue, the Viera Hospital, Duran Golf Club, and A-rated schools are all close by. CALL TODAY!!

Last Agent to Rent the Property

Joel Howell

Atlantic Properties & Inv, Inc License #3339929 Listed on: 10/15/2022

Last Renter's Agent

Joel Howell

Atlantic Properties & Inv, Inc License #3339929 Listed on: 10/15/2022

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,807

Year Built

  • Built in 2018

Lot Details

  • 5,227 Sq Ft Lot
  • Home fronts a pond
  • Lake Front
  • North Facing Home

Parking

  • 2 Car Garage

Interior Spaces

  • 1,678 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Screened Porch
  • Water Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Dual Closets
  • Walk-In Closet
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • In Ground Pool
  • Patio

Schools

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

Utilities

  • Cooling Available
  • Central Heating
  • Cable TV Available

Listing and Financial Details

  • Property Available on 11/1/22
  • The owner pays for grounds care, taxes
  • Rent includes trash collection
  • Assessor Parcel Number 26-36-16-28-0000a.0-0061.00

Community Details

Overview

  • Loren Cove At Addison Village Phase 1 Association
  • Loren Cove Subdivision

Recreation

  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,807

Year Built

Built in 2018

Lot Details

0

Parking

2

Rental Info

  • Furnished: Furnished
  • Rent Includes: Trash Collection
  • Owner Pays: Grounds Care, Taxes
  • Available Date: 2022-11-01

Listing Details

  • Property Type: Residential Lease
  • Year Built: 2018
  • Reso Property Sub Type: Townhouse
  • Reso View: Water
  • ResoSecurityFeatures: Smoke Detector(s)
  • Subdivision Name: Loren Cove
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Location Tax and Legal Parcel Number2: 26-36-16-28-0000a.0-0061.00
  • Location Tax and Legal Elementary School: Quest
  • Location Tax and Legal Middle School2: DeLaura
  • Location Tax and Legal High School: Viera
  • General Property Information Living Area2: 1678.0
  • General Property Information Lot Size Acres: 0.12
  • General Property Information Lot Size Square Feet2: 5227.2
  • General Property Information Waterfront YN: Yes
  • General Property Information Direction Faces: North
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling:Electric: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Levels One: Yes
  • Pool Features In Ground: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Water Source Public: Yes
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • Pets Allowed Call: Yes
  • View Water3: Yes
  • Utilities Natural Gas Connected: Yes
  • Utilities Sewer Available: Yes
  • Utilities Electricity Available: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen, His and Hers Closets, Primary Bathroom - Tub with Shower, Primary Bathroom -Tub with Separate Shower, Walk-In Closet(s)
  • Appliances: Dishwasher, Disposal, Dryer, Gas Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Gas Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:His and Hers Closets: Yes

Exterior Features

  • Pool Features: In Ground
  • Acres: 0.12
  • Waterfront: Yes
  • Direction Faces: North
  • Patio And Porch Features: Patio, Porch, Screened
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Waterfront Features:Lake Front: Yes
  • Waterfront Features:Pond2: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Garage
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Association Name: LOREN COVE AT ADDISON VILLAGE PHASE 1

Association/Amenities

  • General Property Information:Association Name: LOREN COVE AT ADDISON VILLAGE PHASE 1
  • Association Amenities:Pool3: Yes

Schools

  • Middle Or Junior School: DeLaura

Lot Info

  • Lot Size Sq Ft: 5227.2
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 3014291
  • Parcel #: 26-36-16-28-0000a.0-0061.00
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Quest
  • High School: Viera

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2020
Closed on
Apr 27, 2020
Sold by
Mcdonough Barbara J and Mcdonough Francis J
Bought by
Gelman Terri and Gelman Eric
Seller's Agent
Jennifer Pecora
Watson Realty Corp
Buyer's Agent
Amy Kalman
Dale Sorensen Real Estate Inc.
List Price
$329,000
Sold Price
$315,000
Premium/Discount to List
-$14,000
-4.26%
Current Estimated Value
$422,488

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,488
Avg. Annual Appreciation
5.91%
Original Mortgage
$299,250
Outstanding Balance
$268,060
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$159,473

Purchase Details

Closed on
Jul 27, 2018
Sold by
Viera Builders Inc
Bought by
Mcdonough Francis J and Mcdonough Barbara J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,877
Interest Rate
4.37%
Mortgage Type
FHA
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 Buyer Sale Price Title Company
Gelman Terri $315,000 Supreme Title Closings Llc
Mcdonough Francis J $248,400 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gelman Terri $299,250
Previous Owner Mcdonough Francis J $152,000
Previous Owner Mcdonough Francis J $243,877
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2022 12/15/22 Rented $2,900 0.0% --
11/14/2022 11/14/22 Under Contract -- -- --
11/09/2022 11/09/22 Price Changed $2,900 -9.4% $2 / Sq Ft
10/25/2022 10/25/22 Price Changed $3,200 -8.6% $2 / Sq Ft
10/18/2022 10/18/22 Price Changed $3,500 -6.7% $2 / Sq Ft
10/15/2022 10/15/22 For Rent $3,750 0.0% --
04/27/2020 04/27/20 Sold $315,000 -2.3% $188 / Sq Ft
03/27/2020 03/27/20 Pending -- -- --
03/04/2020 03/04/20 Price Changed $322,500 -0.6% $192 / Sq Ft
02/28/2020 02/28/20 Price Changed $324,400 0.0% $193 / Sq Ft
02/13/2020 02/13/20 Price Changed $324,500 -0.1% $193 / Sq Ft
01/29/2020 01/29/20 Price Changed $324,900 -1.2% $194 / Sq Ft
01/22/2020 01/22/20 For Sale $329,000 -- $196 / 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
2023 $4,807 $366,940 $0 $0
2022 $4,157 $317,090 $0 $0
2021 $3,899 $250,550 $50,000 $200,550
2020 $2,944 $215,130 $0 $0
2019 $2,896 $210,300 $0 $0
2018 $840 $50,000 $50,000 $0
2017 $202 $4,400 $4,400 $0
Source: Public Records

Agents Affiliated with this Home

  • Joel Howell

    Landlord's Agent in 2022

    Joel Howell

    Atlantic Properties & Inv, Inc

    (321) 480-5733

    7 in this area

    17 Total Sales

    Section Image
  • Jennifer Pecora

    Seller's Agent in 2020

    Jennifer Pecora

    Watson Realty Corp

    (321) 474-1098

    5 in this area

    122 Total Sales

    Section Image

  • A

    Buyer's Agent in 2020

    Amy Kalman

    Dale Sorensen Real Estate Inc.

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Map

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

MLS Number: 948132

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 26-36-16-28-0000A.0-0061.00

Florida Brevard County Melbourne 32934

7504 Loren Cove Dr, Melbourne, FL

This home is located at 7504 Loren Cove Dr, Melbourne, FL 32940 since 15 October 2022 and is currently priced at $422,488. This property was built in 2018. 7504 Loren Cove Dr is a home located in Brevard County with nearby schools including Viera Elementary School, Viera High School, and Delaura Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Space Coast MLS (Space Coast Association of REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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