NOT LISTED FOR SALE

8659 Serrano Cir Melbourne, FL 32940

Estimated Value: $1,516,000 - $1,746,000

4 Beds
4 Baths
4,477 Sq Ft
$374/Sq Ft Est. Value

Last Sold May 31, 2024

Last sale price $2,125,000 $475 Per Sq Ft

Est. 21% decrease in value since last sale

Current estimated payment $10,304/month

9 Days on Market

Highlights

  • Lake Front
  • Heated In Ground Pool
  • Solar Power System
  • Viera Elementary School Rated A
  • Home fronts a pond
  • Gated Community

About This Home

As of May 2024

A seamless blend of serenity and sophistication, this custom-built luxury home pairs timeless design with contemporary comforts. Welcome to this one-of-a-kind home in Valencia at Addison Village in Viera, featuring bold luxury details, stylish fixtures and finishes, and meticulously designed living spaces. Boasting 4 bedrooms, 4 bathrooms, a study, a den, a gym room and a bonus room, this house is designed for family living. Modern energy-saving features integrate coherently throughout the home, including photovoltaic solar panels designed in harmony with the flat tile roof, tankless gas water heaters, impact windows and doors, and beyond. Enter through stately double doors into a spacious, open floorplan, adorned with intricate wood flooring and exposed wood beams. The airy living room includes a beautiful stone fireplace, 90 degree sliders to the lanai, perfectly blending the indoor and outdoor living spaces. Nearby, the two-tone kitchen is a chef's dream...SEE ''MORE'' ... featuring top-of-the-line stainless steel appliances, ample cabinetry, a 5-burner gas stove, double ovens, a large island breakfast bar, and a wine fridge. The spectacular outdoor living space includes a summer kitchen on a massive paver patio, alongside a screened-in pool and spa overlooking the water. Find solace in your spacious, peaceful primary retreat, featuring exposed wood beams and a luxurious attached bathroom with a glass-and-tile walk-in shower, a separate soaking tub, dual sinks, and a massive walk-in closet. In addition to the four incredible bedrooms, enjoy the extra space and functionality provided by the additional office plus a den and a gym room. The 3-car garage offers plenty of storage and utility space. Valencia is a charming golf-cart community, one of several connected and walkable neighborhoods in the Addison Village community, which includes a future village center as well as the expansive Addison Village Club amenity. This stunning home is a true gem in one of the fastest-growing communities in Brevard County!

Last Agent to Sell the Property

Greg Ellingson

Ellingson Properties License #3066292 Listed on: 03/21/2024

Co-Listed By

Brenda Burton

Ellingson Properties License #3153299

Last Buyer's Agent

Dawn Harper

RE/MAX Aerospace Realty License #3289827

RE/MAX Aerospace Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,291

Year Built

  • Built in 2021

Lot Details

  • 0.31 Acre Lot
  • Home fronts a pond
  • Lake Front
  • Property fronts a private road
  • East Facing Home
  • Front and Back Yard Sprinklers

HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Property Views

  • Lake
  • Pond

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Tile Roof
  • Concrete Siding
  • Block Exterior
  • Asphalt
  • Stucco

Interior Spaces

  • 4,477 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Entrance Foyer
  • Screened Porch

Kitchen

  • Convection Oven
  • Electric Oven
  • Gas Cooktop
  • Dishwasher
  • Wine Cooler
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • 4 Full Bathrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Security Gate
  • Smart Home
  • Smart Locks
  • Smart Thermostat
  • High Impact Windows

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Saltwater Pool
  • Screen Enclosure

Schools

  • Delaura Middle School
  • Viera High School

Utilities

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

Additional Features

  • Solar Power System
  • Outdoor Kitchen

Listing and Financial Details

  • Assessor Parcel Number 26-36-21-02-0000b.0-0015.00
  • Community Development District (CDD) fees
  • $135 special tax assessment

Community Details

Overview

  • Valencia At Addison Village Association
  • Valencia At Addison Village Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Pickleball Courts
  • Community Playground
  • Park
  • Dog Park
  • Jogging Path

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,291

Year Built

Built in 2021

Lot Details

0

HOA Fees

$168 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 2021
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Lower Level, Washer Hookup
  • ResoLotFeatures: Sprinklers In Front, Sprinklers In Rear
  • Road Frontage Type: Private Road
  • Road Surface Type: Asphalt
  • Reso View: Lake, Pond
  • ResoSecurityFeatures: Security Gate, Security System Owned
  • Reso Association Amenities: Basketball Court, Clubhouse, Dog Park, Gated, Jogging Path, Management - Off Site, Park, Pickleball, Playground, Security, Tennis Court(s)
  • Co List Office Mls Id: elpr0
  • Co List Office Phone: 321-750-7050
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Valencia at Addison Village
  • Architectural Style: Contemporary
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Efficiency: Water Heater
  • Location Tax and Legal Parcel Number2: 26-36-21-02-0000b.0-0015.00
  • Location Tax and Legal Middle School2: DeLaura
  • Location Tax and Legal High School: Viera
  • Location Tax and Legal Tax Annual Amount: 14290.89
  • Location Tax and Legal Tax Year2: 2023
  • General Property Information Living Area2: 4477.0
  • General Property Information Lot Size Acres: 0.31
  • General Property Information Lot Size Square Feet2: 13504.0
  • 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: East
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • General Property Information Community Fee(s) YN: No
  • Appliances Dryer: Yes
  • Washers: Yes
  • Flooring Wood: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Pool Features In Ground: Yes
  • Pool Features Private: Yes
  • Road Surface Type Asphalt: Yes
  • Security Features Security Gate: Yes
  • Sewer:Public Sewer: 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
  • Roof:Tile2: Yes
  • Spa Features In Ground2: Yes
  • General Property Information Carport YN2: No
  • Pool Features Screen Enclosure: Yes
  • Security Features Security System Owned: Yes
  • Utilities Natural Gas Connected: Yes
  • Pool Features Salt Water: Yes
  • Pool Features Gas Heat: Yes
  • Interior Features Jack and Jill Bath: Yes
  • Utilities Sewer Connected: Yes
  • Pool Features Heated: Yes
  • General Property Information Land Lease YN2: No
  • Power Production Type Photovoltaics: Yes
  • General Property Information CDD Fee YN: Yes
  • Association Amenities Security2: Yes
  • Utilities Cable Connected: Yes
  • Utilities Water Connected: Yes
  • Smart Home Features Programmable Thermostat: Yes
  • Spa Features Heated2: Yes
  • General Property Information CDD Fee Amount: 135.4
  • General Property Information Stories2: 2
  • Laundry Features Lower Level: Yes
  • Road Frontage Type Private Road: Yes
  • Architectural Style Contemporary: Yes
  • Smart Home Features Security3: Yes
  • Smart Home Features Locks: Yes
  • Spa Features Private2: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Built-in Features, Ceiling Fan(s), Entrance Foyer, Jack and Jill Bath, Kitchen Island, Pantry, Primary Bathroom -Tub with Separate Shower, Primary Downstairs, Smart Home, Smart Thermostat, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s), Other
  • Flooring: Carpet, Wood
  • Spa Features: Heated, In Ground, Private
  • Appliances: Convection Oven, Dishwasher, Disposal, Dryer, Electric Oven, Gas Cooktop, Refrigerator, Tankless Water Heater, Washer, Wine Cooler
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Gas
  • Stories: 2
  • ResoLivingAreaSource: Plans
  • Appliances:Convection Oven: Yes
  • Appliances Dishwasher: Yes
  • Interior Features:Primary Downstairs: Yes
  • Appliances:Tankless Water Heater: 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:Vaulted Ceiling(s): Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Electric Oven: Yes
  • Appliances:Gas Cooktop: Yes
  • Appliances:Wine Cooler: Yes
  • Interior Features:Entrance Foyer: Yes
  • Fireplace Features:Gas: Yes
  • Interior Features:Smart Thermostat: Yes
  • Interior Features:Smart Home: Yes

Exterior Features

  • Exterior Features: Outdoor Kitchen, Impact Windows
  • Pool Features: Gas Heat, Heated, In Ground, Private, Salt Water, Screen Enclosure, Other
  • Roof: Tile
  • Acres: 0.31
  • Waterfront Features: Lake Front, Pond
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Frame, Stucco
  • Direction Faces: East
  • Patio And Porch Features: Covered, Rear Porch, Screened
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio And Porch Features:Screened: Yes
  • View:Lake: Yes
  • Construction Materials:Frame: Yes
  • Waterfront Features:Lake Front: Yes
  • Waterfront Features:Pond2: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Lot Features:Sprinklers In Rear: Yes
  • Exterior Features Outdoor Kitchen2: Yes
  • Exterior Features:Impact Windows: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Rear Porch: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: Attached, Garage, Garage Door Opener
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 3.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association #2 Fee: 230.0
  • Association #2 Fee Frequency: Annually
  • Association Fee: 895.95
  • Association Fee Frequency: Semi-Annually
  • Association Name: Valencia at Addison Village
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: Valencia at Addison Village
  • General Property Information:Association Fee: 895.95
  • General Property Information:Association Fee Frequency: Semi-Annually
  • General Property Information:Association Fee 2: 230.0
  • General Property Information:Association Fee 2 Frequency: Annually
  • Association Amenities:Clubhouse: Yes
  • Association Amenities:Basketball Court: Yes
  • Association Amenities:Jogging Path: Yes
  • Association Amenities:Tennis Court(s)2: Yes
  • Association Amenities:Park: Yes
  • Association Amenities:Playground: Yes
  • Association Amenities:Dog Park: Yes
  • Association Amenities:Gated2: Yes
  • Association Amenities:Pickleball: Yes

Schools

  • Middle Or Junior School: DeLaura

Lot Info

  • Current Use: Residential
  • Land Lease: No
  • Lot Size Sq Ft: 13504.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 3016502
  • Parcel #: 26-36-21-02-0000b.0-0015.00
  • ResoLotSizeUnits: Acres

Green Features

  • Green Energy Efficient:Water Heater: Yes

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 14290.89

MLS Schools

  • High School: Viera

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2024
Closed on
May 24, 2024
Sold by
Lalwani Rajeev and Lalwani Lailee H
Bought by
Mckee Douglas B and Mckee Kimberly Dionne
Seller's Agent
Greg Ellingson
Ellingson Properties
Buyer's Agent
Dawn Harper
RE/MAX Aerospace Realty
List Price
$2,149,000
Sold Price
$2,125,000
Premium/Discount to List
-$24,000
-1.12%
Views
31
Current Estimated Value
$1,675,393

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$449,607
Avg. Annual Appreciation
-15.82%
Original Mortgage
$1,700,000
Outstanding Balance
$1,675,567
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
-$174

Purchase Details

Closed on
Jun 1, 2020
Sold by
Life Style Homes Builders Inc
Bought by
Lalwani Rajeev and Lalwani Lailee H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$829,348
Interest Rate
3.3%
Mortgage Type
Small Business Administration
Source: Public Records

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 Buyer Sale Price Title Company
Mckee Douglas B $2,125,000 Echelon Title Services
Mckee Douglas B $2,125,000 Echelon Title Services
Lalwani Rajeev $145,000 State Title Partners Llp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mckee Douglas B $1,700,000
Closed Mckee Douglas B $1,700,000
Previous Owner Lalwani Rajeev $829,348
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2024 05/31/24 Sold $2,125,000 -1.1% $475 / Sq Ft
03/31/2024 03/31/24 Pending -- -- --
03/21/2024 03/21/24 For Sale $2,149,000 -- $480 / 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 $15,051 $1,400,160 -- --
2024 $14,886 $1,213,970 -- --
2023 $14,886 $1,178,620 $0 $0
2022 $13,894 $1,144,300 $0 $0
2021 $1,939 $120,000 $120,000 $0
2020 $1,691 $120,000 $120,000 $0
2019 $1,572 $105,000 $105,000 $0
2018 $294 $11,000 $11,000 $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: 1006826

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 26-36-21-02-0000B.0-0015.00