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5575 Cord Grass Ln

Melbourne Beach, FL 32951

3 bd 2 ba 1,250 sqft Built 1999 townhomes
Most recent sale
$475,000
May 27, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 27, 2022 Sold $475,000 MLS #928930
Mar 17, 2022 Listed $465,000 MLS #928930
Sep 15, 2014 Sold $249,400 MLS #681535
Apr 23, 2014 Sold $249,400 Public Record
Oct 30, 2013 Listed $249,900 MLS #681535
Aug 30, 2005 Sold $375,000 Public Record
Sep 3, 1999 Sold $131,400 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $305,420 $3,836
2024 $305,420 $3,617
2023 $288,180 $3,560
2022 $210,940 $2,503
2021 $204,800 $2,601
2020 $201,980 $2,570
2019 $197,440 $2,520
2018 $193,760 $2,527
2017 $189,780 $2,555
2016 $185,880 $2,599
2015 $119,590 $65,000 $184,590 $2,684
2014 $159,310 $2,312
2013 $156,960 $2,330
2012 $154,340 $2,038
2011 $151,700 $2,672
2010 $169,560 $2,752
2009 $185,710 $2,843
2008 $227,000 $3,483
2007 $238,000 $3,619

Property facts

Year built
1999
Property type
townhomes
Stories
1
Beds
3
Baths
2
Living area
1,250 sqft
Lot size
ZIP code
32951
City
Melbourne Beach
Street
Cord Grass Ln
Coordinates
27.97112, -80.51403

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,313
Gross rental yield
5.84%
Implied cap rate
3.80%
Trend-extrapolated value

Frequently asked questions

When did 5575 Cord Grass Ln last sell?
5575 Cord Grass Ln most recently sold on May 27, 2022 for $475,000.
What is the current tax assessment for 5575 Cord Grass Ln?
The most recent total assessment for 5575 Cord Grass Ln (year 2025) is $305,420 with $3,836 in property tax.
How does 5575 Cord Grass Ln's assessment compare to its last sale price?
The current assessment is 35.7% below the last sale price of $475,000.
When was 5575 Cord Grass Ln built?
5575 Cord Grass Ln was built in 1999.
How does 5575 Cord Grass Ln compare to others on Cord Grass Ln?
We track 8 other properties on Cord Grass Ln. Browse the list under "Other properties on Cord Grass Ln" to compare beds, baths, and sale history.
What are the property facts for 5575 Cord Grass Ln?
5575 Cord Grass Ln is a 3 bed, 2 bath, 1,250 sqft townhomes.
Is 5575 Cord Grass Ln a flip candidate?
No — 5575 Cord Grass Ln does not appear in our flips dataset.
Is 5575 Cord Grass Ln a tax-appeal candidate?
No — 5575 Cord Grass Ln is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-3.5%
Implied 1-yr
-14.1%
2026 Q3
$628.8K
2026 Q4
$600.1K
ZIP 32951 — Median Price History + Forecast

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