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Sold for $640,000
  • $640,000

    1042 Spanish Wells Dr, Melbourne, FL 32940

    4beds
    2,383sqft
    Single Family Residence
    Built in 1988
    0.36 Acres Lot
    $619,500 Zestimate®
    $269/sqft
    $4,005 Estimated rent

    Home value

    $619,500

    $558,000 - $688,000

    $4,005/mo

    Zestimate® history
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    What's special

    Located in the sought-after Suntree community, this home offers access to great amenities, including parks, golf, tennis, pickleball, and convenient shopping and dining options. Nestled by a serene canal, this stunning brick home offers a perfect blend of luxury and comfort. Enjoy spectacular views, including rocket launches from the backyard oasis, complete with a sparkling pool, expansive deck, and cozy fire pit area. Inside, natural light floods the open layout, featuring a spacious living room with a fireplace, a family room for casual gatherings, and a beautifully remodeled kitchen with a stone backsplash and pass-through to a large porch—perfect for entertaining. The luxurious primary suite boasts double custom closets, a spa-like en-suite with a soaking tub, and direct access to the pool area. The home also includes a whole-house generator, natural gas, and updated flooring, including new carpet in the living room.

    Zillow last checked:

    Listing updated:

    Listed by:

    Nicholas Hall 772-539-2479,

    EXP Realty LLC

    Bought with:

    Camille Anne Horvath, 3524086

    EXP Realty, LLC

    Source: Space Coast AOR,MLS#: 1026049

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Heating
    • Natural Gas
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Disposal, Microwave, Refrigerator
    • Laundry: Gas Dryer Hookup
    Features
    • Breakfast Nook, Ceiling Fan(s), His and Hers Closets, Kitchen Island, Open Floorplan, Primary Bathroom -Tub with Separate Shower, Primary Downstairs, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
    • Flooring: Carpet, Tile, Wood
    • Has fireplace: Yes
    • Fireplace features: Wood Burning
    Interior area
    • Total structure area: 3,581
    • Total interior livable area: 2,383 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached, Garage
    • Attached garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Patio, Porch, Screened
    • Has private pool: Yes
    • Pool features: Heated, In Ground, Screen Enclosure
    • Has spa: Yes
    • Spa features: Heated, In Ground
    • Has view: Yes
    • View description: Canal, Trees/Woods
    • Has water view: Yes
    • Water view: Canal
    • Waterfront features: Canal Front
    • Body of water: Canal Non-Navigation
    Lot
    • Size: 0.36 Acres
    • Features: Sprinklers In Front, Sprinklers In Rear
    Details
    • Additional parcels included: 2604764
    • Parcel number: 2636232500001.00041.00
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence
    Materials
    • Brick, Frame, Stucco
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1988

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Security: Security System Owned
    • Subdivision: Spanish Wells at Suntree
    HOA
    • Has HOA: Yes
    • Amenities included: Basketball Court, Jogging Path, Maintenance Grounds, Management - Full Time, Park, Pickleball, Playground, Tennis Court(s)
    • Services included: Other
    • HOA fee: $245 annually
    • HOA name: Suntree Master Homeowners Association, Inc.
    • HOA phone: 321-242-8960
    Location
    • Region: Melbourne

    Financial & listing details

    • Price per square foot: $269/sqft
    • Tax assessed value: $496,180
    • Annual tax amount: $4,238
    • Date on market: 10/1/2024
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    1/30/2025Sold$640,000-1.5%$269/sqft
    Source: Space Coast AOR #1026049 Report a problem
    12/23/2024Pending sale$650,000$273/sqft
    Source: Space Coast AOR #1026049 Report a problem
    11/15/2024Price change$650,000-1.5%$273/sqft
    Source: Space Coast AOR #1026049 Report a problem
    10/28/2024Price change$659,900-0.8%$277/sqft
    Source: Space Coast AOR #1026049 Report a problem
    10/22/2024Price change$664,900-0.7%$279/sqft
    Source: Space Coast AOR #1026049 Report a problem
    10/1/2024Listed for sale$669,900+78.6%$281/sqft
    Source: Space Coast AOR #1026049 Report a problem
    8/1/2017Sold$375,000-5.1%$157/sqft
    Source: Space Coast AOR #785760 Report a problem
    6/18/2017Pending sale$395,000$166/sqft
    Source: Ellingson Properties #785760 Report a problem
    6/9/2017Listed for sale$395,000$166/sqft
    Source: Ellingson Properties #785760 Report a problem
    3/24/2017Listing removed$395,000$166/sqft
    Source: Ellingson Properties #777308 Report a problem
    3/3/2017Listed for sale$395,000+111.2%$166/sqft
    Source: Ellingson Properties #777308 Report a problem
    1/3/1995Sold$187,000$78/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,618 +7.2%$345,080 +2.9%
    2024$4,307 +1.6%$335,360 +3%
    2023$4,238 +7.3%$325,600 +3%
    2022$3,950 -4.1%$316,120 +3%
    2021$4,119 +1.4%$306,920 +1.4%
    2020$4,063 -6.8%$302,690 -5.5%
    2019$4,359 $320,430 +2.6%
    2018$4,359 -10.9%$312,320 +60.6%
    2017$4,894 +76.9%$194,490 +2.1%
    2016$2,767 -1.6%$190,490 +0.7%
    2015$2,813 -2.9%$189,170 +0.8%
    2014$2,896 $187,670 -6.5%
    2013-- $200,710 +10.4%
    2012$2,514 +2.3%$181,810 +1.8%
    2011$2,458 -6.4%$178,510 -10.9%
    2010$2,626 +4.6%$200,340 -18.3%
    2009$2,510 0%$245,220 -11.5%
    2008$2,511 -3%$277,000 -8.9%
    2007$2,588 -8.6%$304,000 +2.5%
    2005$2,830 -2.7%$296,570 +38.5%
    2004$2,908 -2.1%$214,130 +9.3%
    2003$2,969 +2.8%$195,910 +10.1%
    2002$2,887 +2.6%$177,880 +4%
    2001$2,815 +6.9%$171,110 +6.9%
    2000$2,634 $160,040
    Find assessor info on the county website

    Neighborhood: 32940

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Suntree
    • Middle: DeLaura
    • High: Viera

    Source: Space Coast AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $619,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $619,500