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885 Ridge Lake Drive Melbourne, FL 32940

$172,720
LOW
$203,200 Estimated value of the home, based on tax records and nearby sales information for similar homes.
$233,680
HIGH
 
VALUE ESTIMATE
 
Value Estimate
$203,200Estimated value of the home, based on tax records and nearby sales information for similar homes.
Beds
3
AC
Central A/C
Payment Estimate
--
Baths Full
2
Heating
Yes
Rent Estimate
$1,530Estimated monthly rental price, based on a proprietary formula.
Baths Half
--
Foundation
Slab
Tax Estimate
$1,461Estimated property taxes paid on an annual basis.
Sq Ft
1,793
Stories
1
 HomeScore
66A relative rating of projected appreciation over a 10-year holding period. Homes that score above 50 are expected to outperform the market.
Lot Size
--
Address Stories
1
 InvestorScore
71A relative rating of projected positive cash flow over a 10-year holding period. Properties that score above 50 are expected to outperform the market.
Construction
--
Parking
Garage
Last Sale Date
04/22/2009
Style
--
Parking Spaces
2
Last Sale Price
--
Year Built
1989

885 Ridge Lake Drive is located in the Quail Point Of Suntree area of Melbourne, FL. At this time, the property has an estimated value of $203,200 and yearly taxes of $1,461. This home has 3 bedrooms, 2 bathrooms, and approximately 1,793 sqft of living space. The property was built in 1989. Similar homes nearby have 3 bedrooms, 2 baths and sell for around $200,000.

Property History

DateEventSourcePrice

32940 Market Trends

Check out 32940 homes for sale, read the 32940 real estate news or review the 32940 real estate trends. Here is a summary of local market conditions over the past 30 days:

Market Health Score
86
Healthy

215

$319,900

90

3.6

Median Sales Price
$280,000
+1.4%
Sales (30 Days)
59
-4.8%

Melbourne Public Schools

A child living at 885 Ridge Lake Drive, Melbourne, FL would typically attend one of the following public schools: Suntree Elementary School, Delaura Middle School, or Viera High School. School boundaries and attendance zones are updated frequently. This guidance should not be used to determine the legal eligibility to attend any particular school or school system.

Quail Point Of Suntree REAL ESTATE NEWS

The 32940 zip code market hit a low, with a record low 59 homes sold in the last 30 days. Sales showed an 11.9% drop from the prior period, returning to a low not seen since March. When comparing othe... Read More »

The 32940 zip code market slowed with a 7.1% sales drop in this week's report. Overall sales numbers for the last 30 days remained below the 84.9 monthly average with 65 homes sold. On the other hand,... Read More »

The 32940 zip code market pulled back with a 5.4% sales drop in this week's report. Overall sales numbers for the last 30 days remained below the 85.1 monthly average with 70 homes sold. On the other... Read More »

885 Ridge Lake Drive Map

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885 Rdg Lk Dr, Melbourne, FL 32940US
885 Rdg Lk Dr is located in the Quail Point Of Suntree area of Melbourne, FL. At this time, the property has an estimated value of $203,200 and yearly taxes of $1,461. This home has 3 bedrooms, 2 bathrooms, and approximately 1,793 sqft of living space. The property was built in 1989. Similar homes nearby have 3 bedrooms, 2 baths and sell for around $200,000.
©2016 Homesnap 1-800-431-5509 School data and housing market data is provided by SmartZip Analytics, Inc. ©2016 SmartZip Analytics, Inc. and ©2016 Fast Forward, Inc. Information is deemed reliable but not guaranteed. Sitemap Terms of Use Privacy Policy SmartZip Terms of Service
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