Walk Score measures how walkable an address is based on the distance to nearby amenities. Learn more.
We are striving to build the most accurate database of home facts and value estimates. Please help us identify shortcomings in our data by providing feedback. We read and analyze all feedback.
 
In order to see the history of this home, MLS rules require that you register for free with Homesnap.
Sign In to View History

885 Ridge Lake Drive Melbourne, FL 32940

$177,480
LOW
$208,800 Estimated value of the home, based on tax records and nearby sales information for similar homes.
$240,100
HIGH
 
VALUE ESTIMATE
 
Value Estimate
$208,800Estimated 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
$1,700Estimated 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 $208,800 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
79
Fairly Healthy

205

$324,900

86

3.3

Median Sales Price
$270,000
+10.0%
Sales (30 Days)
63
-25.0%

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 remained cool this week as sales slid 23.2% to land at 63 homes sold over the last 30 days. On the other hand, the close-by 32907 zip code registered 66 homes sold in the sam... Read More »

32940 is a larger than average zip code in Florida with 30,746 residents. Also, it has seen a 69.7% increase in population over the last 10 years. It should be noted that at 76.9%, most people own the... Read More »

Over the last 30 days, the sale of 80 homes took place in the 32940 zip code market. This shows a 15.8% drop from the prior period but the area remains on a confirmed upward trend. All indications sho... Read More »

885 Ridge Lake Drive Map

Ask a local expert about this home:
National Realty of Brevard
Listing Agent

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 $208,800 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. Anna Miller is a Homesnap Local Expert in and around Quail Point Of Suntree.
©2017 Homesnap 1-800-431-5509 School data and housing market data is provided by SmartZip Analytics, Inc. ©2017 SmartZip Analytics, Inc. and ©2017 Fast Forward, Inc. Information is deemed reliable but not guaranteed. Sitemap Terms of Use Privacy Policy SmartZip Terms of Service
Sign-in with Facebook Sign-in with Twitter
or
I'm a real estate agent
Already a User? Sign In Below:

Sign In

Forgot Password? Click Here...

Sign-in with Facebook Sign-in with Twitter
or

Sign In

Forgot Password? Click Here...

Please enter the email address you used to register with Homesnap and an email will be sent with instructions for resetting your password.