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5400 Lovett Drive Merritt Island, FL 32953

$260,913
LOW
$299,900 Estimated value of the home, based on tax records and nearby sales information for similar homes.
$338,900
HIGH
 
VALUE ESTIMATE
 
Value Estimate
$299,900Estimated 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
$1,790Estimated monthly rental price, based on a proprietary formula.
Baths Half
--
Foundation
Slab
Tax Estimate
$2,879Estimated property taxes paid on an annual basis.
Sq Ft
1,948
Stories
1
 HomeScore
73A 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
77A 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
--
Fireplaces
1
Last Sale Date
07/24/2013
Style
--
Parking
Garage
Last Sale Price
$258,000
Year Built
1983
Parking Spaces
1

5400 Lovett Drive is located in the Oak Hammock Estates area of Merritt Island, FL. At this time, the property has an estimated value of $299,900 and yearly taxes of $2,879. This home has 3 bedrooms, 2 bathrooms, and approximately 1,948 sqft of living space. The property was built in 1983. Similar homes nearby have 3 bedrooms, 2 baths and sell for around $300,000.

Property History

DateEventSourcePrice
6/22/2004SoldTax Records$287,000

Melbourne Market Trends

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

Market Health Score
86
Healthy

307

$204,500

108

2.9

Median Sales Price
$159,000
-6.4%
Sales (30 Days)
107
-0.9%

Merritt Island Public Schools

A child living at 5400 Lovett Drive, Merritt Island, FL would typically attend one of the following public schools: Lewis Carroll Elementary School, Thomas Jefferson Middle School, or Merritt Island 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.

Oak Hammock Estates REAL ESTATE NEWS

With home sales in the Melbourne market already below average, in this week's report they slid 5.3% to 107 homes sold over the last 30 days. Within the same time frame, Palm Bay had 156 sales, the mos... Read More »

Melbourne is a larger than average city in Florida with 76,068 residents. Its population is growing faster than the rest of the state, at a 10-year growth rate of 4.3%. The three zip codes with the la... Read More »

The Melbourne market pulled back with a 13.4% sales drop in this week's report. Overall sales numbers for the last 30 days remained below the 130.4 monthly average with 110 homes sold. On the other ha... Read More »

5400 Lovett Drive Map

Ask a local expert about this home:
KT
Florida Oasis Realty
Listing Agent

5400 Lovett Dr, Merritt Island, FL 32953US
5400 Lovett Dr is located in the Oak Hammock Estates area of Merritt Island, FL. At this time, the property has an estimated value of $299,900 and yearly taxes of $2,879. This home has 3 bedrooms, 2 bathrooms, and approximately 1,948 sqft of living space. The property was built in 1983. Similar homes nearby have 3 bedrooms, 2 baths and sell for around $300,000. Kim Tillett is a Homesnap Local Expert in and around Oak Hammock Estates.
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