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1079 Egret Lake Way

Melbourne, FL 32940

3 bd 3 ba 1,755 sqft Built 1998 Lot 7,841 sqft single_family
Most recent sale
$470,000
Jul 12, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 12, 2022 Sold $470,000 MLS #933050
Jun 14, 2022 Price changed $480,000 MLS #933050
Jun 8, 2022 Price changed $490,000 MLS #933050
May 20, 2022 Price changed $499,000 MLS #933050
May 17, 2022 Listed $515,000 MLS #933050
Jun 25, 1998 Sold $27,000 Public Record
Mar 10, 1998 Sold $27,000 Public Record
Feb 1, 1998 Sold $223,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $242,560 $99,000 $341,560 $4,404
2024 $242,560 $99,000 $341,560 $4,318
2023 $255,500 $115,500 $371,000 $5,128
2022 $217,850 $115,500 $333,350 $4,489
2021 $145,520 $1,930
2020 $143,520 $1,876
2019 $140,300 $1,818
2018 $137,690 $1,816
2017 $134,860 $1,822
2016 $132,090 $1,844
2015 $131,180 $1,888
2014 $130,140 $1,897
2013 $128,220 $1,897
2012 $126,080 $1,533
2011 $126,400 $1,540
2010 $130,450 $1,486
2009 $127,020 $1,358
2008 $126,900 $1,358

Property facts

Year built
1998
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
1,755 sqft
Lot size
7,841 sqft
ZIP code
32940
City
Melbourne
Street
Egret Lake Way
Coordinates
28.24679, -80.72150

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
$3,247
Gross rental yield
8.29%
Implied cap rate
5.39%
Trend-extrapolated value

Frequently asked questions

When did 1079 Egret Lake Way last sell?
1079 Egret Lake Way most recently sold on Jul 12, 2022 for $470,000.
What is the current tax assessment for 1079 Egret Lake Way?
The most recent total assessment for 1079 Egret Lake Way (year 2025) is $341,560 with $4,404 in property tax.
How does 1079 Egret Lake Way's assessment compare to its last sale price?
The current assessment is 27.3% below the last sale price of $470,000.
When was 1079 Egret Lake Way built?
1079 Egret Lake Way was built in 1998.
How does 1079 Egret Lake Way compare to others on Egret Lake Way?
We track 8 other properties on Egret Lake Way. Browse the list under "Other properties on Egret Lake Way" to compare beds, baths, and sale history.
What are the property facts for 1079 Egret Lake Way?
1079 Egret Lake Way is a 3 bed, 3 bath, 1,755 sqft, 7,841 sqft lot single_family.
Is 1079 Egret Lake Way a flip candidate?
No — 1079 Egret Lake Way does not appear in our flips dataset.
Is 1079 Egret Lake Way a tax-appeal candidate?
No — 1079 Egret Lake Way 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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