NOT LISTED FOR SALE

7940 Timberlake Dr Melbourne, FL 32904

Estimated Value: $537,033 - $643,000

4 Beds
2 Baths
2,088 Sq Ft
$275/Sq Ft Est. Value

Last Sold December 01, 2017

Last sale price $345,000 $165 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $3,344/month

101 Days on Market

Highlights

  • 0.43 Acre Lot
  • Open Floorplan
  • Wood Flooring
  • Melbourne Senior High School Rated A-
  • Vaulted Ceiling
  • Screened Porch

About This Home

As of December 2017

What a beautiful home this is! Well maintained & a well-built custom home. Built in 2003, situated in a cul-de-sac on almost a half an acre. Located in the desirable community of Timberlake in West Melbourne. This home offers many excellent features: Dade County Hurricane rated impact windows, Radiant barrier in attic, foam inside cement block exterior walls, Interior sound insulation, Brick exterior, stone pavers for walkways, spacious 400 sq ft trussed covered porch w/ porcelain tile that overlooks the lush landscaping and the private sitting area. The kitchen features, Kraftmaid Cherry cabinetry, under cabinet lighting, Quartz/silstone countertops, tumbled marble bar top, backsplash & recessed lights.The floor plan is open and inviting that overlooks the gorgeous fenced in back yard.The Great room offers Cathedral ceilings w/ a Coral stone wood burning fireplace & recessed lighting. The spacious Master bedroom has beautiful wood floors, and a tray ceiling. The Master bath has Kraftmaid cabinetry, jetted tub, walk-in shower, bidet & double closets for him and her. The side entry garage is oversized with 510 sq ft w/ an extra quiet door opener, and additional attic storage is available and an inside laundry room with washer and dryer. This is an incredibly beautiful home and the details that this home has will show throughout. Excellent location, close to Grumman, Harris, GE, restaurants, beaches, hospitals, 1-95 access, beaches and much more!

Last Agent to Sell the Property

Misty Morrison

RE/MAX Alternative Realty Listed on: 07/01/2017

Last Buyer's Agent

Karen Osiniak

RE/MAX Elite License #694631

RE/MAX Elite

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,328

Year Built

  • Built in 2003

Lot Details

  • 0.43 Acre Lot
  • Cul-De-Sac
  • South Facing Home
  • Wood Fence
  • Front and Back Yard Sprinklers

HOA Fees

  • $12 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,088 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Family Room
  • Dining Room
  • Screened Porch
  • Security System Owned

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Dual Closets
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom
  • Spa Bath

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Patio

Schools

  • Roy Allen Elementary School
  • Central Middle School
  • Melbourne High School

Utilities

  • Cooling Available
  • Heating Available
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • Timberlake HOA See Agent Remarks. Association
  • Timberlake Subdivision
  • Maintained Community

Listing and Financial Details

  • Assessor Parcel Number 27-36-36-54-00000.0-0022.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,328

Year Built

Built in 2003

Lot Details

0

HOA Fees

$12 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2003
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Cul-De-Sac, Sprinklers In Front, Sprinklers In Rear
  • ResoSecurityFeatures: Security System Owned
  • Reso Association Amenities: Maintenance Grounds, Management - Full Time
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Timberlake
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 27-36-36-54-00000.0-0022.00
  • Location Tax and Legal Elementary School: Roy Allen
  • Location Tax and Legal Middle School2: Central
  • Location Tax and Legal High School: Melbourne
  • Location Tax and Legal Tax Annual Amount: 2327.73
  • Location Tax and Legal Tax Year2: 2016
  • General Property Information Living Area2: 2088.0
  • General Property Information Building Area Total3: 2617.0
  • General Property Information Lot Size Acres: 0.43
  • General Property Information Lot Size Square Feet2: 18731.0
  • 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: South
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling:Electric: Yes
  • Fencing Fenced2: Yes
  • Fencing Wood2: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Flooring Wood: Yes
  • Levels One: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Roof:Shingle: Yes
  • Water Source Well: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • Room Types Dining Room: Yes
  • Security Features Security System Owned: Yes
  • Room Types Family Room: Yes
  • Room Types Laundry: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Bar, Built-in Features, Ceiling Fan(s), His and Hers Closets, Open Floorplan, Pantry, Primary Bathroom - Tub with Shower, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
  • Flooring: Tile, Wood
  • Spa Features: Bath
  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning, Other
  • Total Bedrooms: 10
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Built-in Features: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:His and Hers Closets: Yes
  • Spa Features:Bath: Yes
  • Fireplace Features:Wood Burning: Yes

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Fencing: Fenced, Wood
  • Acres: 0.43
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: South
  • 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
  • Lot Features:Cul-De-Sac: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Lot Features:Sprinklers In Rear: Yes
  • Construction Materials:Brick2: 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: Electric
  • Utilities: Water Available
  • Heating: Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Electric3: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 145.0
  • Association Fee Frequency: Annually
  • Association Name: Timberlake HOA see agent remarks.
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: Timberlake HOA see agent remarks.
  • General Property Information:Association Fee: 145.0
  • General Property Information:Association Fee Frequency: Annually

Schools

  • Middle Or Junior School: Central

Lot Info

  • Lot Size Sq Ft: 18731.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2705548
  • Parcel #: 27-36-36-54-00000.0-0022.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 2327.73

MLS Schools

  • Elementary School: Roy Allen
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2017
Closed on
Dec 1, 2017
Sold by
Thorton Thirstoi T and Thorton Maureen
Bought by
Karmi Robert J and Karmi Laura A
Seller's Agent
Misty Morrison
RE/MAX Alternative Realty
Buyer's Agent
Karen Osiniak
RE/MAX Elite
List Price
$389,900
Sold Price
$345,000
Premium/Discount to List
-$44,900
-11.52%
Current Estimated Value
$568,885

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,885
Avg. Annual Appreciation
6.65%
Original Mortgage
$306,000
Outstanding Balance
$257,225
Interest Rate
3.88%
Estimated Equity
$316,533

Purchase Details

Closed on
Mar 8, 2017
Sold by
Bolling William D and Bolling Jayne I
Bought by
Morse James O and Morse Nancy P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,435
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 14, 2003
Sold by
Voldness I D and Voldness Mary T
Bought by
Thornton Thirstol T and Thornton Maureen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
5.93%

Purchase Details

Closed on
Sep 10, 2002
Sold by
Cochran Robert L
Bought by
Voldness I D and Voldness Mary T
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
Karmi Robert J $345,000 State Title Partners Llp
Morse James O $297,500 Alliance Title Insurance Age
Thornton Thirstol T $75,000 --
Voldness I D $235,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Karmi Robert J $306,000
Previous Owner Morse James O $272,435
Previous Owner Thornton Thirstol T $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/23/2023 12/23/23 Off Market $345,000 -- --
12/01/2017 12/01/17 Sold $345,000 -11.5% $165 / Sq Ft
10/10/2017 10/10/17 Pending -- -- --
06/30/2017 06/30/17 For Sale $389,900 -- $187 / 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
2025 $4,182 $339,050 -- --
2024 $4,132 $329,500 -- --
2023 $4,132 $319,910 $0 $0
2022 $3,861 $310,600 $0 $0
2021 $4,079 $301,560 $0 $0
2020 $4,049 $297,400 $75,000 $222,400
2019 $4,055 $289,690 $75,000 $214,690
2018 $4,671 $283,780 $75,000 $208,780
2017 $2,299 $166,220 $0 $0
2016 $2,328 $162,810 $60,000 $102,810
2015 $2,389 $161,680 $65,000 $96,680
2014 $2,390 $160,400 $65,000 $95,400
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 787682

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-36-36-54-00000.0-0022.00