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1278 Fargo Dr

Melbourne, FL 32940

2 bd 2 ba 901 sqft Built 1984 Lot 6,534 sqft single_family
Most recent sale
$286,000
May 10, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 17, 2026 Listing removed $1,950 SpaceCoast
Feb 1, 2025 Listing removed $2,100 SpaceCoast
Mar 6, 2024 Listed $318,000 SpaceCoast
May 10, 2022 Sold $286,000 MLS #932974
Apr 23, 2022 Listed $279,000 MLS #932974
Dec 7, 2015 Sold $125,000 MLS #737551
Nov 19, 2015 Sold $103,000 MLS #699048
Oct 16, 2015 Listed $129,000 MLS #737551
Mar 31, 2015 Sold $103,000 Public Record
Oct 10, 2014 Price changed $103,000 MLS #699048
Jul 28, 2014 Price changed $105,000 MLS #699048
Jun 10, 2014 Listed $95,000 MLS #699048
Aug 7, 2009 Sold $105,000 MLS #536372
Mar 28, 2009 Listed $115,000 MLS #536372
Jul 8, 2008 Sold $130,000 MLS #504820
May 11, 2008 Listed $139,000 MLS #504820
Apr 3, 2008 Sold $120,000 MLS #500015
Feb 22, 2008 Listed $139,000 MLS #500015
Jun 19, 1995 Sold $51,000 Public Record
Jun 1, 1985 Sold $72,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $132,030 $110,000 $242,030 $3,453
2024 $132,030 $110,000 $242,030 $3,398
2023 $134,560 $110,000 $244,560 $3,434
2022 $127,070 $1,311
2021 $123,370 $1,330
2020 $121,670 $1,290
2019 $118,940 $1,225
2018 $116,730 $1,216
2017 $114,330 $1,210
2016 $71,030 $33,000 $104,030 $1,090
2015 $64,860 $811
2014 $64,350 $816
2013 $63,400 $818
2012 $62,340 $539
2011 $74,280 $637
2010 $82,750 $721
2008 $65,200 $498
2007 $63,310 $579

Property facts

Year built
1984
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
901 sqft
Lot size
6,534 sqft
ZIP code
32940
City
Melbourne
Street
Fargo Dr
Coordinates
28.24959, -80.69155

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,667
Gross rental yield
6.99%
Implied cap rate
4.55%
Trend-extrapolated value

Frequently asked questions

When did 1278 Fargo Dr last sell?
1278 Fargo Dr most recently sold on May 10, 2022 for $286,000.
What is the current tax assessment for 1278 Fargo Dr?
The most recent total assessment for 1278 Fargo Dr (year 2025) is $242,030 with $3,453 in property tax.
How does 1278 Fargo Dr's assessment compare to its last sale price?
The current assessment is 15.4% below the last sale price of $286,000.
When was 1278 Fargo Dr built?
1278 Fargo Dr was built in 1984.
How does 1278 Fargo Dr compare to others on Fargo Dr?
We track 8 other properties on Fargo Dr. Browse the list under "Other properties on Fargo Dr" to compare beds, baths, and sale history.
What are the property facts for 1278 Fargo Dr?
1278 Fargo Dr is a 2 bed, 2 bath, 901 sqft, 6,534 sqft lot single_family.
Is 1278 Fargo Dr a flip candidate?
No — 1278 Fargo Dr does not appear in our flips dataset.
Is 1278 Fargo Dr a tax-appeal candidate?
No — 1278 Fargo Dr 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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