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Sold for $255,000
  • $255,000

    586 Lorraine Dr, Melbourne, FL 32935

    3beds
    1,111sqft
    Single Family Residence
    Built in 1958
    8,712 Square Feet Lot
    $253,600 Zestimate®
    $230/sqft
    $1,846 Estimated rent

    Home value

    $253,600

    $233,000 - $274,000

    $1,846/mo

    Zestimate® history
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    What's special

    New blindsWasher and dryer stay
    This mid-century modern home is a nice blend of quality-built old with new! Including new luxury vinyl plank and/or tile flooring throughout! Freshly painted interior - walls, ceiling, & doors (2026) and exterior (2025). New blinds, electrical outlets & switches, ceiling fans, and light fixtures. New toilets and vanities in both baths. This home has been lovingly maintained by one family since 1964. Large, mostly fenced yard on .2 acres -- NO HOA! Washer & Dryer stay. New ROOF 2015, HWH 2019, A/C Condenser 2018, handler 2012; HWH 2019; upgraded electrical panel 2018; new garage door with opener 2019; and whole house replumb supply lines appx. 2013. On city water & sewer. Close to everything --: 12 min. to the beaches; 5 min. to EGAD, airport, Harris, & Embraer; walk to DRS, Melbourne Courthouse, & West Shore Jr./Sr. High which is across the street! Sellers have made this home Move-in Ready for the new owners including a one-year ''Essential'' home warranty by American Home Shield.

    Zillow last checked:

    Listing updated:

    Listed by:

    Pamela Vanderveer 321-432-0559,

    Vanderveer Properties

    Bought with:

    Jennifer Shupard, 3427643

    Real Broker, LLC

    Source: Space Coast AOR,MLS#: 1071628

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Central, Electric, Heat Pump
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Dryer, Electric Oven, Electric Range, Electric Water Heater, Freezer, Refrigerator, Washer
    • Laundry: In Garage
    Features
    • Ceiling Fan(s), Primary Bathroom - Shower No Tub, Walk-In Closet(s)
    • Flooring: Tile, Vinyl
    • Has fireplace: No
    Interior area
    • Total structure area: 1,526
    • Total interior livable area: 1,111 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage, Garage Door Opener
    • Garage spaces: 1
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Awning(s), Covered, Front Porch
    • Fencing: Back Yard,Wood
    • Has view: Yes
    • View description: Other
    Lot
    • Size: 8,712 Square Feet
    • Dimensions: 100' d x 78' w
    • Features: Other
    Details
    • Additional parcels included: 2728677
    • Parcel number: 273728030000p.00019.00
    • Zoning description: Residential
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch,Mid-Century Modern
    • Property subtype: Single Family Residence
    Materials
    • Block, Concrete
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1958

    Utilities & green energy

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

    Community & HOA

    Community
    • Subdivision: Almar Subd Sec B 1st Addn
    HOA
    • Has HOA: No
    Location
    • Region: Melbourne

    Financial & listing details

    • Price per square foot: $230/sqft
    • Tax assessed value: $168,150
    • Annual tax amount: $1,274
    • Date on market: 3/11/2026
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    4/3/2026Sold$255,000-1.5%$230/sqft
    Source: Space Coast AOR #1071628 Report a problem
    3/31/2026Pending sale$259,000$233/sqft
    Source: Space Coast AOR #1071628 Report a problem
    3/31/2026Listed for sale$259,000$233/sqft
    Source: Space Coast AOR #1071628 Report a problem
    3/14/2026Contingent$259,000$233/sqft
    Source: Space Coast AOR #1071628 Report a problem
    3/11/2026Listed for sale$259,000$233/sqft
    Source: Space Coast AOR #1071628 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,275 +6%$107,040 +2.9%
    2024$1,203 +3.7%$104,030 +3%
    2023$1,160 +8.9%$101,000 +3%
    2022$1,066 +0.4%$98,060 +3%
    2021$1,062 +1.6%$95,210 +1.4%
    2020$1,045 +0.5%$93,900 +2.3%
    2019$1,040 $91,790 +1.9%
    2018$1,040 +19.4%$90,080 +104.8%
    2017$871 +86.7%$43,990 +2.1%
    2016$466 -0.4%$43,090 +0.7%
    2015$468 +1.1%$42,800 +0.8%
    2014$463 $42,460 +1.5%
    2013-- $41,840 -4.7%
    2012$405 -2.6%$43,910 -1%
    2011$416 -17.5%$44,370 -27.9%
    2010$504 +10.2%$61,520 -24.5%
    2009$457 +3%$81,430 -20.2%
    2008$444 +6%$102,000 -11.1%
    2007$419 +6.3%$114,800 +55.7%
    2005$394 +1.5%$73,720 +32.9%
    2004$389 +1%$55,450 +6%
    2003$385 +7.2%$52,300 +9.9%
    2002$359 +4.8%$47,610 +9.4%
    2001$343 +10.3%$43,510 +2.9%
    2000$310 $42,300
    Find assessor info on the county website

    Neighborhood: 32935

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Harbor City
    • Middle: Hoover
    • High: Melbourne

    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
    $253,600
    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
    $253,600