NOT LISTED FOR SALE

8490 Serrano Cir Melbourne, FL 32940

Estimated Value: $927,000 - $1,232,000

4 Beds
3 Baths
3,019 Sq Ft
$354/Sq Ft Est. Value

Last Sold November 15, 2024

Last sale price $1,050,000 $348 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $6,801/month

360 Days on Market

Highlights

  • Lake Front
  • In Ground Pool
  • Open Floorplan
  • Viera Elementary School Rated A
  • Home fronts a pond
  • Clubhouse

About This Home

As of November 2024

Welcome home to the luxurious gated community of Valencia located in the top 10 master planned community of Viera. This beautifully crafted custom built executive home sits on a .3 acre lake front lot offering 4 bedrooms + office, 3 baths & a side entry 4 car oversized garage built for a car enthusiast. Upon arrival the grand entrance to this home makes a huge statement coupled with the double door glass entry. As you enter you will be captivated by the soaring ceilings with double trays in the great room & dining room along with the crown molding details. The gourmet kitchen is a chefs paradise with a 5 burner gas cooktop, wall oven and huge kitchen island with ample room to prep & entertain. The kitchen showcases white painted custom cabinetry, beautiful granite countertops and a spacious pantry that is hidden with a cabinet door. Soak in the beautiful water views from great room with the huge pocketing triple slider doors, as well as the several large windows in the dining room. Or enjoy the view from your oversized lanai with huge fenced in yard and privacy landscaping along both property lines. The master wing provides peace and tranquility with a gorgeous spa-like master bath offering a huge walk in shower with 2 shower heads and 2 rain heads finished with frameless shower glass! His & hers vanities with espresso shaker cabinets provide tons of cabinet storage capped by exquisite granite. His & hers closets do not disappoint with built-in custom closet systems. The spacious master bedroom has a double tray ceiling with detailed crown molding and a glass french door with direct access to your lanai. This floor plan offers large rooms with walk in closets to satisfy your storage needs. The Garage has a Tesla car charger and epoxy sealed floors. The attic access stairs in the garage lead you to a huge storage area where the trusses have been re-engineered. Insulated garage doors & radiant barrier plywood help reduce your energy bills. Located in Addison Village you are close to restaurants, shopping, golf, brevard zoo, A-rated schools and the Addison Village Club! Make sure to view this move-in ready home in person to appreciate everything it has to offer.

Last Agent to Sell the Property

Ryan Panek

LPT Realty, LLC License #3274616 Listed on: 08/12/2024

LPT Realty, LLC

Last Buyer's Agent

Erika Van Nest

One Sotheby's International License #3465508

One Sotheby's International

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $925

Year Built

  • Built in 2019

Lot Details

  • 0.3 Acre Lot
  • Home fronts a pond
  • Lake Front
  • South Facing Home
  • Wrought Iron Fence
  • Few Trees

HOA Fees

Parking

  • 4 Car Attached Garage
  • Electric Vehicle Home Charger
  • Garage Door Opener

Property Views

  • Lake
  • Pond

Home Design

  • Tile Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,019 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Ceiling Fan
  • Dining Room
  • Home Office

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Dual Closets
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • 3 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Dryer
  • Washer
  • Sink Near Laundry

Home Security

  • Security Gate
  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Insulation
  • Smart Irrigation
  • Water-Smart Landscaping

Outdoor Features

  • In Ground Pool
  • Patio

Schools

  • Delaura Middle School
  • Viera High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 26-36-21-01-0000c.0-0008.00

Community Details

Overview

  • Valencia At Addison Village Phase 1 Association
  • Valencia At Addison Village Subdivision
  • Maintained Community

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$925

Year Built

Built in 2019

Lot Details

0

HOA Fees

$155 per month

Parking

4

Listing Details

  • Property Type: Residential
  • Year Built: 2019
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Sink
  • ResoLotFeatures: Few Trees
  • Reso View: Lake, Pond, Water
  • ResoSecurityFeatures: Security Gate, Smoke Detector(s)
  • Reso Association Amenities: Basketball Court, Clubhouse, Maintenance Grounds, Management - Full Time, Management - Off Site, Tennis Court(s)
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Valencia at Addison Village
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Efficiency: Insulation
  • Location Tax and Legal Parcel Number2: 26-36-21-01-0000c.0-0008.00
  • Location Tax and Legal Middle School2: DeLaura
  • Location Tax and Legal High School: Viera
  • Location Tax and Legal Tax Annual Amount: 924.88
  • Location Tax and Legal Tax Year2: 2022
  • General Property Information Living Area2: 3019.0
  • General Property Information Building Area Total3: 4149.0
  • General Property Information Lot Size Acres: 0.3
  • General Property Information Lot Size Square Feet2: 13068.0
  • General Property Information New Construction YN: No
  • General Property Information Waterfront YN: Yes
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: South
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Fencing Fenced2: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • General Property Information Community Fee(s) YN: No
  • Appliances Dryer: Yes
  • Washers: Yes
  • Levels One: Yes
  • Pool Features In Ground: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Security Features Security Gate: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • ViewPond: Yes
  • Flooring Carpet: Yes
  • Laundry Features Sink: Yes
  • Water Source Public: Yes
  • Roof:Tile2: Yes
  • General Property Information Carport YN2: No
  • Green Water Conservation Water-Smart Landscaping: Yes
  • View Water3: Yes
  • Room Types Dining Room: Yes
  • Room Types Office: Yes
  • Utilities Natural Gas Connected: Yes
  • Smart Home Features Irrigation: Yes
  • Fencing Wrought Iron: Yes
  • Flooring Vinyl: Yes
  • Interior Features Jack and Jill Bath: Yes
  • Room Types Bedroom 2 Level: First
  • Room Types Bedroom 3 Level: First
  • Room Types Bedroom 4 Level: First
  • General Property Information CDD Fee YN: No
  • Room Types Primary Bedroom Level: First
  • General Property Information Stories2: 1
  • Marketing Remarks:Marketing Remarks: Welcome home to the luxurious gated community of Valencia located in the top 10 master planned community of Viera. This beautifully crafted custom built executive home sits on a .3 acre lake front lot offering 4 bedrooms + office, 3 baths & a side entry 4 car oversized garage built for a car enthusiast. Upon arrival the grand entrance to this home makes a huge statement coupled with the double door glass entry. As you enter you will be captivated by the soaring ceilings with double trays in the great room & dining room along with the crown molding details. The gourmet kitchen is a chefs paradise with a 5 burner gas cooktop, wall oven and huge kitchen island with ample room to prep & entertain. The kitchen showcases white painted custom cabinetry, beautiful granite countertops and aspacious pantry that is hidden with a cabinet door. Soak in the beautiful water views from great room with the huge pocketing triple slider doors. Make sure to check out this stunning home!
  • General Property Information:Pool Private YN: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Breakfast Bar, Built-in Features, Ceiling Fan(s), Eat-in Kitchen, His and Hers Closets, Jack and Jill Bath, Kitchen Island, Open Floorplan, Pantry, Primary Bathroom - Tub with Shower, Primary Downstairs, Split Bedrooms, Walk-In Closet(s)
  • Flooring: Carpet, Tile, Vinyl
  • Appliances: Dishwasher, Dryer, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Open Floorplan: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Built-in Features: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:His and Hers Closets: Yes
  • Appliances:Gas Water Heater: Yes

Exterior Features

  • Exterior Features: Storm Shutters
  • Pool Features: In Ground
  • Roof: Tile
  • Fencing: Fenced, Wrought Iron
  • Acres: 0.3
  • Pool Private: No
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: South
  • Patio And Porch Features: Patio
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio And Porch Features:Patio: Yes
  • Exterior Features:Storm Shutters: Yes
  • View:Lake: Yes
  • Waterfront Features:Lake Front: Yes
  • Waterfront Features:Pond2: Yes
  • Lot Features:Few Trees: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Parking Features: Attached, Electric Vehicle Charging Station(s), Garage Door Opener
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 4.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Electric Vehicle Charging Station(s): Yes

Utilities

  • Cooling: Central Air
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Other
  • Heating: Central
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association #2 Fee: 250.0
  • Association #2 Fee Frequency: Annually
  • Association Fee: 802.0
  • Association Fee Frequency: Semi-Annually
  • Association Name: VALENCIA AT ADDISON VILLAGE PHASE 1
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: VALENCIA AT ADDISON VILLAGE PHASE 1
  • General Property Information:Association Fee: 802.0
  • General Property Information:Association Fee Frequency: Semi-Annually
  • General Property Information:Association Fee 2: 250.0
  • General Property Information:Association Fee 2 Frequency: Annually
  • Association Amenities:Clubhouse: Yes
  • Association Amenities:Basketball Court: Yes
  • Association Amenities:Tennis Court(s)2: Yes
  • Association Amenities:Pool3: Yes

Schools

  • Middle Or Junior School: DeLaura

Lot Info

  • Current Use: Residential, Single Family
  • Lot Size Sq Ft: 13068.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 26-36-21-01-0000c.0-0008.00
  • ResoLotSizeUnits: Acres

Green Features

  • Green Water Conservation: Water-Smart Landscaping
  • Green Energy Efficient:Insulation: Yes

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 924.88

MLS Schools

  • High School: Viera

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2024
Closed on
Nov 15, 2024
Sold by
Lowery David R and Reber Jacquelyn Marie
Bought by
Lomax Brian John and Gillikin Katee Ann
Seller's Agent
Ryan Panek
LPT Realty, LLC
Buyer's Agent
Erika Van Nest
One Sotheby's International
List Price
$1,200,000
Sold Price
$1,050,000
Premium/Discount to List
-$150,000
-12.5%
Views
1749
Current Estimated Value
$1,067,691

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,691
Avg. Annual Appreciation
1.48%
Original Mortgage
$840,000
Outstanding Balance
$830,262
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$237,429

Purchase Details

Listed on
Mar 15, 2021
Closed on
Apr 29, 2021
Sold by
Bragan Justin D and Bragan Megan E
Bought by
Lowery David R
Seller's Agent
Wendy Lockwood
RE/MAX Solutions
Buyer's Agent
Karen Horak
RE/MAX Aerospace Realty
List Price
$949,900
Sold Price
$910,000
Premium/Discount to List
-$39,900
-4.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.11%
Original Mortgage
$878,764
Interest Rate
3.1%
Mortgage Type
VA

Purchase Details

Closed on
Jul 23, 2018
Sold by
Amek Homes Construction Co
Bought by
Bragan Justin D and Bragan Megan E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$514,800
Interest Rate
4.5%
Mortgage Type
Small Business Administration

Purchase Details

Closed on
May 1, 2017
Bought by
Amek Homes Construction Co
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lomax Brian John $1,050,000 Bella Title & Escrow
Lomax Brian John $1,050,000 Bella Title & Escrow
Lowery David R $910,000 Bella Title & Escrow Inc
Bragan Justin D $129,000 Attorney
Amek Homes Construction Co $985,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lomax Brian John $840,000
Closed Lomax Brian John $840,000
Previous Owner Lowery David R $878,764
Previous Owner Bragan Justin D $514,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/15/2024 11/15/24 Sold $1,050,000 -8.7% $348 / Sq Ft
10/15/2024 10/15/24 Pending -- -- --
09/28/2024 09/28/24 Price Changed $1,150,000 -2.1% $381 / Sq Ft
09/18/2024 09/18/24 Price Changed $1,175,000 -2.1% $389 / Sq Ft
08/12/2024 08/12/24 For Sale $1,200,000 0.0% $397 / Sq Ft
08/03/2024 08/03/24 Pending -- -- --
08/01/2024 08/01/24 Price Changed $1,200,000 -2.0% $397 / Sq Ft
02/10/2024 02/10/24 Price Changed $1,225,000 -3.9% $406 / Sq Ft
01/03/2024 01/03/24 Price Changed $1,274,999 -1.9% $422 / Sq Ft
10/20/2023 10/20/23 For Sale $1,299,999 +42.9% $431 / Sq Ft
04/30/2021 04/30/21 Sold $910,000 -4.2% $306 / Sq Ft View Prior Sale
03/28/2021 03/28/21 Pending -- -- --
03/15/2021 03/15/21 For Sale $949,900 -- $319 / 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 $12,820 $984,750 -- --
2024 $949 $990,610 -- --
2023 $949 $897,980 $0 $0
2022 $925 $871,830 $0 $0
2021 $7,957 $587,490 $0 $0
2020 $7,933 $579,380 $0 $0
2019 $1,768 $105,000 $105,000 $0
2018 $1,613 $105,000 $105,000 $0
2017 $418 $19,000 $19,000 $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: 977881

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 26-36-21-01-0000C.0-0008.00