NOT LISTED FOR SALE

8699 Serrano Cir Melbourne, FL 32940

Estimated Value: $1,142,000 - $1,626,000

4 Beds
4 Baths
3,398 Sq Ft
$421/Sq Ft Est. Value

Last Sold November 07, 2023

Last sale price $1,550,000 $456 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $8,804/month

6 Days on Market

Highlights

  • Lake Front
  • Screened Pool
  • Clubhouse
  • Viera Elementary School Rated A
  • Open Floorplan
  • Vaulted Ceiling

About This Home

As of November 2023

High-end HOTTIE! This lakefront pool home celebrates outdoor indulgence, interior extravagance & copious custom conveniences! Wood beams vault over a great rm adorned w/a floor-to-ceiling quartz brick fireplace & huge corner sliders opening to the backyard's beauty. Veined quartz sweeps through the island kitchen accoutered w/Dacor SS appliances, a Eurocave full-sized wine fridge & a chef's 6-burner gas range. A morning kitchen showcases the primary retreat & a full in-law suite features a kitchenette & 2 rms for ultimate comfort. The oversized 3-car garage exhibits 8' high bay doors, a Tesla charging station & a commercial Manitowoc ice maker. Fire bowl fountain features & a summer kitchen accent the heated saltwater pool. Whole-house water filtration system, too!

Last Agent to Sell the Property

Jeremy Stewart

Compass Florida, LLC License #3437569 Listed on: 10/10/2023

Compass Florida, LLC

Last Buyer's Agent

Caroline Holt

LaRocque & Co., Realtors License #3289366

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,599

Year Built

  • Built in 2021

Lot Details

  • 0.31 Acre Lot
  • Lake Front
  • Southeast Facing Home

HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Property Views

  • Lake
  • Pond

Home Design

  • Tile Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,398 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace
  • Screened Porch

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Breakfast Bar
  • Double Convection Oven
  • Gas Range
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • In-Law or Guest Suite
  • 4 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Dryer
  • Washer
  • Sink Near Laundry

Home Security

  • Security Gate
  • Hurricane or Storm Shutters

Pool

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

Outdoor Features

  • Patio
  • Fire Pit

Additional Homes

  • Accessory Dwelling Unit (ADU)

Schools

  • Delaura Middle School
  • Viera High School

Utilities

  • Whole House Permanent Generator
  • Tankless Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 26-36-21-02-0000b.0-0019.00

Community Details

Overview

  • Keys Enterprise; Darcykeysenterprise.Com Association
  • Valencia At Addison Village Subdivision
  • Maintained Community

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,599

Year Built

Built in 2021

Lot Details

0

HOA Fees

$21 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 2021
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Sink, Washer Hookup
  • Reso View: Lake, Pond, Water
  • ResoSecurityFeatures: Security Gate
  • Reso Association Amenities: Clubhouse, Maintenance Grounds, Management - Full Time, Management - Off Site, Playground, Tennis Court(s)
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Valencia at Addison Village
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Financial Info Electric: Whole House Generator
  • Location Tax and Legal Parcel Number2: 26-36-21-02-0000b.0-0019.00
  • Location Tax and Legal Middle School2: DeLaura
  • Location Tax and Legal High School: Viera
  • Location Tax and Legal Tax Annual Amount: 12598.8
  • Location Tax and Legal Tax Year2: 2022
  • General Property Information Living Area2: 3398.0
  • General Property Information Building Area Total3: 4325.0
  • 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: Southeast
  • Appliances Refrigerators: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • General Property Information Community Fee(s) YN: Yes
  • General Property Information Other Fee(s) Amount: 643.07
  • Appliances Dryer: Yes
  • Washers: Yes
  • Flooring Wood: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Levels One: Yes
  • Pool Features In Ground: Yes
  • Pool Features Private: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Security Features Security Gate: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • ViewPond: Yes
  • Laundry Features Sink: Yes
  • Water Source Public: Yes
  • Roof:Tile2: Yes
  • Spa Features In Ground2: Yes
  • General Property Information Carport YN2: No
  • View Water3: Yes
  • Interior Features Breakfast Nook: Yes
  • Pool Features Screen Enclosure: Yes
  • Electric Whole House Generator: Yes
  • Interior Features Guest Suite: Yes
  • Pool Features Electric Heat: Yes
  • Utilities Natural Gas Connected: Yes
  • Pool Features Salt Water: Yes
  • Accessory Dwelling Information Dwelling Type: Apartment
  • Accessory Dwelling Information ADU Attached YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Bar, Breakfast Nook, Built-in Features, Ceiling Fan(s), Eat-in Kitchen, Guest Suite, Kitchen Island, Open Floorplan, Pantry, Primary Bathroom - Tub with Shower, Primary Downstairs, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar
  • Flooring: Tile, Wood
  • Spa Features: In Ground
  • Appliances: Convection Oven, Dishwasher, Disposal, Double Oven, Dryer, Gas Range, Ice Maker, Refrigerator, Tankless Water Heater, Washer
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Other
  • ResoLivingAreaSource: PublicRecords
  • Appliances:Convection Oven: Yes
  • Appliances Dishwasher: Yes
  • Interior Features:Primary Downstairs: Yes
  • Appliances:Gas Range: Yes
  • Appliances:Tankless Water Heater: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Open Floorplan: Yes
  • Pool Features:Community: 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:Vaulted Ceiling(s): Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Double Oven: Yes
  • Interior Features:Wet Bar: Yes

Exterior Features

  • Exterior Features: Fire Pit, Storm Shutters
  • Pool Features: Community, Electric Heat, In Ground, Private, Salt Water, Screen Enclosure
  • Roof: Tile
  • Acres: 0.31
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: Southeast
  • Patio And Porch Features: Patio, Porch, Screened
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Exterior Features:Fire Pit: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Exterior Features:Storm Shutters: Yes
  • View:Lake: Yes
  • Waterfront Features:Lake Front: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: Attached, Garage Door Opener, Other
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 3.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Other26: Yes

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Other
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association #2 Fee: 250.0
  • Association #2 Fee Frequency: Annually
  • Association Fee: 802.0
  • Association Name: Keys Enterprise; darcykeysenterprise.com
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: Keys Enterprise; darcykeysenterprise.com
  • General Property Information:Association Fee: 802.0
  • General Property Information:Association Fee 2: 250.0
  • General Property Information:Association Fee 2 Frequency: Annually
  • Association Amenities:Clubhouse: Yes
  • Association Amenities:Tennis Court(s)2: Yes
  • Association Amenities:Playground: Yes

Schools

  • Middle Or Junior School: DeLaura

Lot Info

  • Lot Size Sq Ft: 13504.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 26-36-21-02-0000b.0-0019.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 12598.8

MLS Schools

  • High School: Viera

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2023
Closed on
Oct 30, 2023
Sold by
Lane Franklin K and Lane Fiona L
Bought by
Nguyen Doan Mong and Failenschmid Juergen
Seller's Agent
Jeremy Stewart
Compass Florida, LLC
Buyer's Agent
Caroline Holt
LaRocque & Co., Realtors
List Price
$1,623,000
Sold Price
$1,550,000
Premium/Discount to List
-$73,000
-4.5%
Views
42
Current Estimated Value
$1,431,459

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$118,541
Avg. Annual Appreciation
-3.62%

Purchase Details

Closed on
Oct 26, 2020
Sold by
Life Style Home Builders Inc
Bought by
Lane Franklin K and Lane Fiona L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$755,812
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 30, 2019
Sold by
The Viera Company
Bought by
Life Style Homes Builders Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Nguyen Doan Mong $1,550,000 Prestige Title Of Brevard
Nguyen Doan Mong $1,550,000 Prestige Title Of Brevard
Lane Franklin K $135,000 State Title Partners Llp
Lane Franklin K $135,000 Burns Michelle
Life Style Homes Builders Inc $794,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lane Franklin K $755,812
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/07/2023 11/07/23 Sold $1,550,000 -3.1% $456 / Sq Ft
10/17/2023 10/17/23 Pending -- -- --
10/13/2023 10/13/23 Price Changed $1,599,000 -1.5% $471 / Sq Ft
10/10/2023 10/10/23 For Sale $1,623,000 -- $478 / 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 $15,659 $1,213,520 -- --
2024 $13,498 $1,264,830 -- --
2023 $13,498 $1,064,870 $0 $0
2022 $12,599 $1,033,860 $0 $0
2021 $1,939 $120,000 $120,000 $0
2020 $1,724 $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: 976241

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 26-36-21-02-0000B.0-0019.00