NOT LISTED FOR SALE

7863 Loren Cove Dr Melbourne, FL 32940

Estimated Value: $398,000 - $428,000

-- Bed
-- Bath
1,647 Sq Ft
$251/Sq Ft Est. Value

About This Home

This home is located at 7863 Loren Cove Dr, Melbourne, FL 32940 and is currently estimated at $413,145, approximately $250 per square foot. 7863 Loren Cove Dr is a home with nearby schools including Viera Elementary School, Viera High School, and Delaura Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 7, 2025
Sold by
Barzey Codrington E and Luvmarie Miguelina
Bought by
Barzey Codrington E
Current Estimated Value
$413,145

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Outstanding Balance
$331,127
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$85,775

Purchase Details

Closed on
May 24, 2021
Sold by
Pezzano Michael J
Bought by
Wallace Steven J and Wallace Elizabeth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,500
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 23, 2021
Sold by
Barzey Codrington E and Barzey Luvmarie
Bought by
Barzey Codrington E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,500
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 2017
Sold by
Viera Builders Inc
Bought by
Barzey Codrington E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,882
Interest Rate
3.96%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 1, 2016
Bought by
Viera Builders Inc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Barzey Codrington E $100 None Listed On Document
Barzey Codrington E $100 None Listed On Document
Wallace Steven J $325,000 Prestige Ttl Of Brevard Llc
Barzey Codrington E -- First American Mortgage Sln
Barzey Codrington E $251,500 Attorney
Viera Builders Inc $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barzey Codrington E $332,000
Closed Barzey Codrington E $332,000
Previous Owner Wallace Steven J $227,500
Previous Owner Barzey Codrington E $240,000
Previous Owner Barzey Codrington E $246,882
Source: Public Records

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
2024 $3,199 $248,980 -- --
2023 $3,199 $241,730 $0 $0
2022 $3,000 $234,690 $0 $0
2021 $3,111 $227,860 $0 $0
2020 $3,071 $224,720 $0 $0
2019 $3,023 $219,670 $0 $0
2018 $3,032 $215,580 $50,000 $165,580
2017 $388 $4,000 $4,000 $0
Source: Public Records

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