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1481 Bourke Ln

Melbourne, FL 32940

4 bd 3 ba 2,806 sqft Built 2012 Lot 6,098 sqft single_family
Most recent sale
$580,000
Jul 5, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 13, 2025 Sold $595,000 SpaceCoast
Jul 5, 2022 Sold $580,000 MLS #O6029123
May 27, 2022 Listed $579,900 MLS #O6029123
Dec 7, 2016 Sold $323,000 MLS #767725
Oct 31, 2016 Listed $329,900 MLS #767725
Oct 11, 2016 Listing removed $329,900 SpaceCoast
Sep 23, 2016 Price changed $339,900 MLS #763722
Sep 5, 2016 Listed $349,900 MLS #763722
Nov 26, 2012 Sold $240,800 Public Record
Nov 20, 2012 Sold $240,725 SpaceCoast
Feb 15, 2012 Listed $239,950 SpaceCoast
Apr 8, 2009 Sold $1,875,000 Public Record
Oct 10, 2008 Sold $3,970,600 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $322,360 $110,000 $432,360 $6,205
2024 $322,360 $110,000 $432,360 $6,124
2023 $329,080 $110,000 $439,080 $6,129
2021 $294,700 $4,012
2020 $216,640 $74,000 $290,640 $3,940
2019 $225,000 $74,000 $299,000 $4,102
2018 $238,850 $56,000 $294,850 $4,138
2017 $234,910 $54,000 $288,910 $4,191
2016 $204,350 $3,066
2015 $202,930 $3,160
2014 $201,320 $3,182
2013 $198,350 $3,209
2012 $29,000 $510
2011 $29,000 $511
2010 $29,000 $470
2009 $65,000 $991
2008 $80,000 $1,222

Property facts

Year built
2012
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,806 sqft
Lot size
6,098 sqft
ZIP code
32940
City
Melbourne
Street
Bourke Ln
Coordinates
28.25321, -80.70090

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,191
Gross rental yield
10.74%
Implied cap rate
6.98%
Trend-extrapolated value

Frequently asked questions

When did 1481 Bourke Ln last sell?
1481 Bourke Ln most recently sold on Jul 5, 2022 for $580,000.
What is the current tax assessment for 1481 Bourke Ln?
The most recent total assessment for 1481 Bourke Ln (year 2025) is $432,360 with $6,205 in property tax.
How does 1481 Bourke Ln's assessment compare to its last sale price?
The current assessment is 25.5% below the last sale price of $580,000.
When was 1481 Bourke Ln built?
1481 Bourke Ln was built in 2012.
How does 1481 Bourke Ln compare to others on Bourke Ln?
We track 6 other properties on Bourke Ln. Browse the list under "Other properties on Bourke Ln" to compare beds, baths, and sale history.
What are the property facts for 1481 Bourke Ln?
1481 Bourke Ln is a 4 bed, 3 bath, 2,806 sqft, 6,098 sqft lot single_family.
Is 1481 Bourke Ln a flip candidate?
No — 1481 Bourke Ln does not appear in our flips dataset.
Is 1481 Bourke Ln a tax-appeal candidate?
No — 1481 Bourke 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
+0.9%
Implied 1-yr
+3.6%
2026 Q3
$537.5K
2026 Q4
$542.1K
ZIP 32940 — Median Price History + Forecast

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