NOT LISTED FOR SALE

7574 Loren Cove Dr Melbourne, FL 32940

Estimated Value: $401,000 - $427,000

3 Beds
2 Baths
1,669 Sq Ft
$250/Sq Ft Est. Value

Last Sold June 23, 2023

Last sale price $440,000 $264 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $3,036/month

81 Days on Market

Highlights

  • Open Floorplan
  • Clubhouse
  • Screened Porch
  • Viera Elementary School Rated A
  • Great Room
  • Community Pool

About This Home

As of June 2023

Perfect. The only way to describe this barely lived in 3 bedroom, 2 bath townhome in Loren Cove. Located on a cul-de-sac and walking distance to extra parking/park make this lot one of the most sought-after in the community. This great room floor plan is essential for your entertainment needs. Tile throughout main living areas with like new carpet in the bedrooms. Kitchen includes 42 in cabinets, quartz countertops, tile backsplash, stainless appliances & a gas stove! Ample space in master bedroom with master bath featuring double sinks, a soaking tub and a HUGE shower! Extended, screened in porch can accommodate large patio sets & a hammock! Part of the Addison Village Clubhouse which showcases resort style pools, clubhouse, tennis courts & more!

Last Agent to Sell the Property

Greg Ellingson

Ellingson Properties License #3066292 Listed on: 02/24/2023

Co-Listed By

Cynthia Abbey

Ellingson Properties License #3185297

Last Buyer's Agent

Brandon Windsor

In The Home Zone Realty License #3488534

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,117

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

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,669 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Great Room
  • Screened Porch

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

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
  • Washer and Gas Dryer Hookup

Home Security

Outdoor Features

  • Patio

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 26-36-16-28-0000a.0-0068.00

Community Details

Overview

  • $230 Other Monthly Fees
  • Keyenterprise.Com Association, Phone Number (321) 784-8011
  • Loren Cove Subdivision
  • Maintained Community

Amenities

  • Clubhouse

Recreation

  • Community Basketball Court
  • Community Playground
  • Community Pool

Pet Policy

  • Breed Restrictions

Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,117

Year Built

Built in 2018

Lot Details

0

HOA Fees

$410 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
  • ResoSecurityFeatures: Smoke Detector(s)
  • Reso Association Amenities: Basketball Court, Clubhouse, Maintenance Grounds, Maintenance Structure, Management - Full Time, Playground
  • Co List Office Mls Id: elpr0
  • Co List Office Phone: 321-750-7050
  • 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.0-0068.00
  • 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: 3116.72
  • Location Tax and Legal Tax Year2: 2022
  • General Property Information Living Area2: 1669.0
  • General Property Information Building Area Total3: 2074.0
  • 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 Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: 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
  • 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
  • Roof:Shingle: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Flooring Carpet: Yes
  • Water Source Public: Yes
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • General Property Information Carport YN2: No
  • Room Types Great Room: Yes
  • Room Types Laundry: Yes
  • General Property Information Association Phone: 321-784-8011 Ext219
  • Pets Allowed Breed Restrictions: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Ceiling Fan(s), Open Floorplan, Pantry, Primary Bathroom - Tub with Shower, Primary Bathroom -Tub with Separate Shower, Primary Downstairs, Split Bedrooms, Walk-In Closet(s)
  • Flooring: Carpet, Tile
  • Appliances: Dishwasher, Disposal, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • ResoLivingAreaSource: Other
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Interior Features:Primary Downstairs: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Open Floorplan: Yes
  • Pool Features:Community: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Walk-In Closet(s): Yes

Exterior Features

  • Exterior Features: Storm Shutters
  • Pool Features: Community
  • Roof: Shingle
  • Acres: 0.12
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: East
  • Patio And Porch Features: Patio, Porch, Screened
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Exterior Features:Storm Shutters: Yes
  • Lot Features:Cul-De-Sac: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Cable Available
  • 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: 643.0
  • Association #2 Fee Frequency: Annually
  • Association Fee: 355.58
  • Association Fee Frequency: Monthly
  • Association Name: keyenterprise.com
  • Phone: +321 784-801-1219
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: keyenterprise.com
  • General Property Information:Association Fee: 355.58
  • General Property Information:Association Fee Frequency: Monthly
  • General Property Information:Association Fee 2: 643.0
  • General Property Information:Association Fee 2 Frequency: Annually
  • Association Amenities:Clubhouse: Yes
  • Association Amenities:Basketball Court: Yes
  • Association Amenities:Playground: Yes

Schools

  • Middle Or Junior School: DeLaura

Lot Info

  • Lot Size Sq Ft: 5227.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 3014298
  • Parcel #: 26-36-16-28-0000a.0-0068.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3116.72

MLS Schools

  • Elementary School: Quest
  • High School: Viera

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2023
Closed on
Jun 16, 2023
Sold by
Racedo Kelly
Bought by
Nicholson Jacob Andrew and Hinz Alyson Christine
Seller's Agent
Greg Ellingson
Ellingson Properties
Buyer's Agent
Brandon Windsor
In The Home Zone Realty
List Price
$475,000
Sold Price
$440,000
Premium/Discount to List
-$35,000
-7.37%
Views
97
Current Estimated Value
$431,143

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,857
Avg. Annual Appreciation
-0.85%
Original Mortgage
$18,225
Outstanding Balance
$17,849
Interest Rate
6.35%
Estimated Equity
$414,102

Purchase Details

Closed on
Oct 17, 2018
Sold by
Viera Builders Inc
Bought by
Racedo Kelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,756
Interest Rate
4.5%
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 Buyer Sale Price Title Company
Nicholson Jacob Andrew $440,000 Echelon Title Services
Racedo Kelly $272,200 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nicholson Jacob Andrew $18,225
Open Nicholson Jacob Andrew $364,500
Previous Owner Racedo Kelly $217,900
Previous Owner Racedo Kelly $217,756
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2023 06/23/23 Sold $440,000 -2.1% $264 / Sq Ft
05/17/2023 05/17/23 Pending -- -- --
04/25/2023 04/25/23 Price Changed $449,278 -2.1% $269 / Sq Ft
03/24/2023 03/24/23 Price Changed $459,000 -3.4% $275 / Sq Ft
02/24/2023 02/24/23 For Sale $475,000 -- $285 / 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 $3,324 $251,980 $0 $0
2022 $3,117 $244,650 $0 $0
2021 $3,235 $237,530 $0 $0
2020 $3,189 $233,650 $0 $0
2019 $3,142 $228,400 $50,000 $178,400
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: 957648

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 26-36-16-28-0000A.0-0068.00