$275,000
SOLD MAY 27, 2025

775 Russo Dr Melbourne, FL 32901

4 Beds
2.5 Baths
2,960 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$93 Per Sq Ft

4% Below List Price

Highlights

  • View of Trees or Woods
  • Loft
  • Porch
  • Open Floorplan
  • Hurricane or Storm Shutters
  • 2 Car Attached Garage

About This Home

As of May 2025

Investor Special - Spacious Lakefront Home with Endless Potential!Don't miss this rare opportunity to own a nearly 3,000 sq. ft. lakefront home offering incredible value and privacy. Located next to an unbuildable lot, this property provides extra seclusion in a serene setting. The home features granite countertops in the kitchen and bathrooms, custom built-ins in the master walk-in closet and pantry, and an open back porch with breathtaking long-range views of the lake.While the home does need remodeling, many upgrades are already in place—making it the perfect investment or renovation project. With its unbeatable price per square foot and stunning location, this property is a hidden gem waiting to be restored. Schedule your showing today and imagine the possibilities!

Last Agent to Sell the Property

Randy Neuman

BHHS Florida Realty License #3265003 Listed on: 04/23/2025

BHHS Florida Realty

Last Buyer's Agent

Randy Neuman

BHHS Florida Realty License #3265003 Listed on: 04/23/2025

BHHS Florida Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,574

Year Built

  • Built in 2008

Lot Details

  • 6,970 Sq Ft Lot
  • North Facing Home
  • Zero Lot Line

HOA Fees

  • $24 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Property Views

  • Pond
  • Woods

Home Design

  • Fixer Upper
  • Frame Construction
  • Shingle Roof
  • Block Exterior
  • Asphalt
  • Stucco

Interior Spaces

  • 2,960 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Ceiling Fan
  • Family Room
  • Living Room
  • Dining Room
  • Loft

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry on lower level
  • Washer and Electric Dryer Hookup

Home Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Outdoor Features

  • Porch

Schools

  • University Park Elementary School
  • Stone Middle School
  • Palm Bay High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 28-37-15-83-00000.0-0031.00

Community Details

Overview

  • Eagle Lake North Homeowner's Association, Phone Number (321) 733-3382
  • Eagle Lake N Subdivision
  • Maintained Community

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,574

Year Built

Built in 2008

Lot Details

0

HOA Fees

$24 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2008
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, In Unit, Lower Level, Washer Hookup
  • ResoLotFeatures: Zero Lot Line
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Reso View: Pond, Trees/Woods
  • ResoSecurityFeatures: Smoke Detector(s)
  • Reso Association Amenities: Maintenance Grounds, Management - Full Time, Management - Off Site, Park
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Eagle Lake N
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Property Condition: Fixer
  • Location Tax and Legal Parcel Number2: 28-37-15-83-00000.0-0031.00
  • Location Tax and Legal Elementary School: University Park
  • Location Tax and Legal Middle School2: Stone
  • Location Tax and Legal High School: Palm Bay
  • Location Tax and Legal Tax Annual Amount: 3574.0
  • Location Tax and Legal Tax Year2: 2024
  • General Property Information Living Area2: 2960.0
  • General Property Information Lot Size Acres: 0.16
  • General Property Information Lot Size Square Feet2: 6970.0
  • 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: North
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Flooring Tile: Yes
  • General Property Information Community Fee(s) YN: No
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Pets Allowed Yes: 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
  • ViewPond: Yes
  • Flooring Carpet: Yes
  • Levels Two: Yes
  • Water Source Public: Yes
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • General Property Information Carport YN2: No
  • Room Types Dining Room: Yes
  • Room Types Family Room: Yes
  • Room Types Living Room: Yes
  • General Property Information Association Phone: (321) 733-3382
  • View TreesWoods: Yes
  • Room Types Loft: Yes
  • Property Condition Fixer: Yes
  • Utilities Sewer Connected: Yes
  • General Property Information Land Lease YN2: No
  • General Property Information CDD Fee YN: No
  • Utilities Water Connected: Yes
  • Room Types Primary Bedroom Level: Second
  • General Property Information Stories2: 2
  • Laundry Features Lower Level: Yes
  • General Property Information:Pool Private YN: No
  • General Property Information:Accessory Dwelling Unit YN: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Built-in Features, Ceiling Fan(s), Eat-in Kitchen, Open Floorplan, Pantry, Primary Bathroom -Tub with Separate Shower, Walk-In Closet(s)
  • Flooring: Carpet, Tile
  • Appliances: Dishwasher, Disposal, Electric Range, Electric Water Heater, Ice Maker, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Total Bedrooms: 9
  • Stories: 2
  • General Property Information Bathrooms Half: 1
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Open Floorplan: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Built-in Features: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Laundry Features:In Unit: Yes
  • Community Features:Street Lights: Yes
  • Community Features:Sidewalks: Yes

Exterior Features

  • Exterior Features: Storm Shutters
  • Roof: Shingle
  • Acres: 0.16
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Block, Frame, Stucco
  • Direction Faces: North
  • Patio And Porch Features: Porch
  • Construction Materials:Block2: Yes
  • Construction Materials:Stucco: Yes
  • Patio and Porch Features:Porch: Yes
  • Exterior Features:Storm Shutters: Yes
  • Construction Materials:Frame: Yes
  • Lot Features:Zero Lot Line: 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
  • Utilities: Cable Available, Electricity Connected, Sewer Connected, Water Connected
  • 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 Fee: 293.0
  • Association Fee Frequency: Annually
  • Association Name: EAGLE LAKE NORTH HOMEOWNER'S ASSOCIATION
  • Phone: 321-733-3382
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: EAGLE LAKE NORTH HOMEOWNER'S ASSOCIATION
  • General Property Information:Association Fee: 293.0
  • General Property Information:Association Fee Frequency: Annually
  • Association Amenities:Park: Yes

Schools

  • Middle Or Junior School: Stone

Lot Info

  • Current Use: Residential, Single Family
  • Land Lease: No
  • Lot Size Sq Ft: 6970.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2862550
  • Parcel #: 28-37-15-83-00000.0-0031.00

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 3574.0

MLS Schools

  • Elementary School: University Park
  • High School: Palm Bay

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2025
Closed on
May 27, 2025
Sold by
Mills Philip
Bought by
Local Renovation Llc
Seller's Agent
Randy Neuman
BHHS Florida Realty
Buyer's Agent
Randy Neuman
BHHS Florida Realty
List Price
$285,000
Sold Price
$275,000
Premium/Discount to List
-$10,000
-3.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
62.58%

Purchase Details

Listed on
Mar 1, 2016
Closed on
Jun 29, 2016
Sold by
Riviera Gladys
Bought by
Mills Philip
Seller's Agent
Gerald Paxton
Coldwell Banker Paradise
Buyer's Agent
Katharine Bramkamp
LoKation
List Price
$219,900
Sold Price
$215,000
Premium/Discount to List
-$4,900
-2.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.80%
Original Mortgage
$161,250
Interest Rate
3.58%

Purchase Details

Closed on
Oct 30, 2008
Sold by
Mercedes Homes Inc
Bought by
Riviera Gladys

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,828
Interest Rate
5.78%

Purchase Details

Closed on
Jun 24, 2008
Sold by
Atlantic Community Developers Llc
Bought by
Mercedes Homes Inc
Source: Public Records

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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 Type Sale Price Title Company
Warranty Deed $275,000 Bella Title & Escrow
Warranty Deed $215,000 Title Security And Escrow Of
Warranty Deed $189,900 B D R Title Corporation
Warranty Deed $52,000 B D R Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $161,250 No Value Available
Previous Owner $154,828 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2025 06/27/25 For Sale $397,900 +44.7% $134 / Sq Ft
05/27/2025 05/27/25 Sold $275,000 -3.5% $93 / Sq Ft
04/23/2025 04/23/25 For Sale $285,000 +32.6% $96 / Sq Ft
04/22/2025 04/22/25 Pending -- -- --
06/29/2016 06/29/16 Sold $215,000 -2.2% $73 / Sq Ft
04/03/2016 04/03/16 Pending -- -- --
03/01/2016 03/01/16 For Sale $219,900 0.0% $74 / Sq Ft
02/20/2016 02/20/16 Pending -- -- --
02/01/2016 02/01/16 Price Changed $219,900 -2.2% $74 / Sq Ft
01/21/2016 01/21/16 For Sale $224,900 0.0% $76 / Sq Ft
01/15/2016 01/15/16 Pending -- -- --
10/24/2015 10/24/15 Price Changed $224,900 -1.8% $76 / Sq Ft
09/15/2015 09/15/15 Price Changed $229,000 -2.6% $77 / Sq Ft
07/24/2015 07/24/15 For Sale $235,000 -- $79 / 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 $3,492 $234,560 $0 $0
2022 $3,284 $227,730 $0 $0
2021 $3,330 $221,100 $0 $0
2020 $3,294 $218,050 $27,500 $190,550
2019 $3,400 $217,220 $27,500 $189,720
2018 $4,297 $220,070 $27,500 $192,570
2017 $4,008 $197,780 $16,500 $181,280
2016 $3,956 $184,620 $8,250 $176,370
2015 $1,886 $124,650 $8,250 $116,400
2014 $1,857 $123,670 $5,500 $118,170
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 1044061

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-37-15-83-00000.0-0031.00