NOT LISTED FOR SALE

7544 Loren Cove Dr Melbourne, FL 32940

Estimated Value: $419,000 - $436,000

3 Beds
2 Baths
1,641 Sq Ft
$258/Sq Ft Est. Value

Last Sold May 16, 2022

Last sale price $470,000 $286 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $3,110/month

Highlights

  • View of Trees or Woods
  • Open Floorplan
  • Community Pool
  • Viera Elementary School Rated A
  • Clubhouse
  • Tennis Courts

About This Home

As of May 2022

Welcome to your new home in the highly sought-after neighborhood of Loren Cove in the heart of Viera! Not only is this gorgeous 3 bedroom, 2 bathroom townhome an end unit located on a cul-de-sac, but it's loaded with over $20k in upgrades! Beautiful tile, 8 ft doors, white cabinets, granite countertops, backsplash, wired for under cabinet lighting, speakers in the living room and master, etc! The home boasts a bright and open floor plan, gas appliances, and built with the latest in quality construction & energy efficiency! This home allows you to enjoy the carefree living with all the outside maintenance provided! Not to mention access to Addison Village Clubhouse membership which offers resort style amenities such as an amazing clubhouse, pool, tennis & pickleball.

Last Agent to Sell the Property

Jessica McBride

EXP Realty, LLC License #3513373 Listed on: 04/23/2022

EXP Realty, LLC

Last Buyer's Agent

Carolyn Killick

Hart To Hart Real Estate, Inc. License #3509704

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,187

Year Built

  • Built in 2018

Lot Details

  • 5,227 Sq Ft Lot
  • Cul-De-Sac
  • East Facing Home

HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Asphalt
  • Stucco

Interior Spaces

  • 1,641 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Family Room
  • Views of Woods

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer

Home Security

Outdoor Features

  • Porch

Schools

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

Utilities

  • Central Air
  • Heating Available
  • Tankless Water Heater
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 26-36-16-28-0000a.0-0065.00

Community Details

Overview

  • $230 Other Monthly Fees
  • Keys Management Association
  • Loren Cove Subdivision
  • Maintained Community

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Community Spa

Pet Policy

  • Breed Restrictions

Additional Features

  • Clubhouse
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,187

Year Built

Built in 2018

Lot Details

0

HOA Fees

$345 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2018
  • Reso Property Sub Type: Townhouse
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • ResoLotFeatures: Cul-De-Sac
  • Road Surface Type: Asphalt
  • Reso View: Trees/Woods
  • ResoSecurityFeatures: Smoke Detector(s)
  • Reso Association Amenities: Clubhouse, Maintenance Grounds, Maintenance Structure, Management - Off Site, Playground, Spa/Hot Tub, Tennis Court(s), Other
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Loren Cove
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 26-36-16-28-0000a.0-0065.00
  • Location Tax and Legal Elementary School: Quest
  • Location Tax and Legal Middle School2: DeLaura
  • Location Tax and Legal High School: Viera
  • Location Tax and Legal Tax Annual Amount: 3187.05
  • Location Tax and Legal Tax Year2: 2021
  • General Property Information Living Area2: 1641.0
  • General Property Information Building Area Total3: 2034.0
  • General Property Information Lot Size Acres: 0.12
  • General Property Information Lot Size Square Feet2: 5227.0
  • 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 Refrigerators: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • General Property Information Community Fee(s) YN: Yes
  • General Property Information Other Fee(s) Amount: 230.0
  • Appliances Dryer: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Levels One: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Road Surface Type Asphalt: Yes
  • Roof:Shingle: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Flooring Carpet: Yes
  • Water Source Public: Yes
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • Room Types Family Room: Yes
  • Room Types Laundry: Yes
  • Utilities Natural Gas Connected: Yes
  • Utilities Sewer Available: Yes
  • View TreesWoods: Yes
  • Pets Allowed Breed Restrictions: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Eat-in Kitchen, Kitchen Island, Open Floorplan, Pantry, Primary Bathroom - Tub with Shower, Primary Bathroom -Tub with Separate Shower, Split Bedrooms, Walk-In Closet(s)
  • Flooring: Carpet, Tile
  • Appliances: Dishwasher, Dryer, Gas Range, Gas Water Heater, Refrigerator, Tankless Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Gas Range: Yes
  • Appliances:Tankless Water Heater: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Open Floorplan: Yes
  • Pool Features:Community: 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

Exterior Features

  • Pool Features: Community
  • Roof: Shingle, Other
  • Acres: 0.12
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: East
  • Patio And Porch Features: Porch
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio and Porch Features:Porch: Yes
  • Lot Features:Cul-De-Sac: 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
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Available, Water Available
  • Heating: Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association #2 Fee: 624.0
  • Association #2 Fee Frequency: Annually
  • Association Fee: 293.0
  • Association Fee Frequency: Monthly
  • Association Name: Keys Management
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: Keys Management
  • General Property Information:Association Fee: 293.0
  • General Property Information:Association Fee Frequency: Monthly
  • General Property Information:Association Fee 2: 624.0
  • General Property Information:Association Fee 2 Frequency: Annually
  • Association Amenities:SpaHot Tub: Yes
  • Association Amenities:Clubhouse: Yes
  • Association Amenities:Tennis Court(s)2: Yes
  • Association Amenities:Playground: Yes

Schools

  • Middle Or Junior School: DeLaura

Lot Info

  • Lot Size Sq Ft: 5227.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 3014295
  • Parcel #: 26-36-16-28-0000a.0-0065.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3187.05

MLS Schools

  • Elementary School: Quest
  • High School: Viera

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2022
Closed on
May 16, 2022
Sold by
Vaughn Mark L and Vaughn Raychel L
Bought by
Olde Gordon and Olde Susan L
Seller's Agent
Jessica McBride
EXP Realty, LLC
Buyer's Agent
Carolyn Killick
Hart To Hart Real Estate, Inc.
List Price
$450,000
Sold Price
$470,000
Premium/Discount to List
$20,000
4.44%
Current Estimated Value
$428,340

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$41,660
Avg. Annual Appreciation
-2.71%
Original Mortgage
$337,500
Outstanding Balance
$323,018
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$106,915

Purchase Details

Closed on
Oct 18, 2018
Sold by
Viera Builders Inc
Bought by
Vaughn Mark and Vaughn Raychel L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,330
Interest Rate
4.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Olde Gordon $470,000 Supreme Title Closings
Vaughn Mark $284,400 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olde Gordon $337,500
Previous Owner Vaughn Mark $284,330
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2022 05/16/22 Sold $470,000 +4.4% $286 / Sq Ft
04/24/2022 04/24/22 Pending -- -- --
04/23/2022 04/23/22 For Sale $450,000 -- $274 / 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 $5,176 $366,740 $120,000 $246,740
2022 $3,071 $240,780 $0 $0
2021 $3,187 $233,770 $0 $0
2020 $3,148 $230,550 $0 $0
2019 $3,101 $225,370 $50,000 $175,370
2018 $840 $50,000 $50,000 $0
2017 $196 $4,000 $4,000 $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: 931573

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 26-36-16-28-0000A.0-0065.00