1311 Montrose Way
Melbourne, FL 32940
4 bd 3 ba 2,872 sqft Built 2001 Lot 20,038 sqft single_family
Most recent sale
$745,000
Jun 3, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 3, 2022 | Sold | $745,000 | MLS #933013 |
| May 4, 2022 | Listed | $755,000 | MLS #933013 |
| Jul 5, 2002 | Sold | $425,000 | Public Record |
| Apr 19, 2001 | Sold | $383,300 | Public Record |
| Nov 16, 2000 | Sold | $85,900 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $512,770 | $120,000 | $632,770 | $10,795 |
| 2024 | $512,770 | $120,000 | $632,770 | $11,368 |
| 2023 | $516,820 | $150,000 | $666,820 | $11,128 |
| 2021 | $370,460 | $100,000 | $470,460 | $8,788 |
| 2020 | $363,690 | $76,000 | $439,690 | $8,324 |
| 2019 | $358,760 | $76,000 | $434,760 | $8,387 |
| 2018 | $340,120 | $102,000 | $442,120 | $8,654 |
| 2017 | $341,220 | $102,000 | $443,220 | $8,412 |
| 2016 | $289,950 | $94,000 | $383,950 | $7,985 |
| 2015 | — | — | $371,110 | $8,153 |
| 2014 | — | — | $337,380 | $7,609 |
| 2013 | — | — | $323,790 | $7,541 |
| 2012 | — | — | $318,630 | $5,609 |
| 2011 | — | — | $312,890 | $5,513 |
| 2010 | — | — | $326,810 | $5,293 |
| 2009 | — | — | $362,470 | $5,524 |
| 2008 | — | — | $428,000 | $6,536 |
Property facts
Year built
2001
Property type
single_family
Stories
1
Beds
4
Baths
3
Living area
2,872 sqft
Lot size
20,038 sqft
ZIP code
32940
City
Melbourne
Street
Montrose Way
Coordinates
28.21457, -80.70307
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$5,313
Gross rental yield
8.56%
Implied cap rate
5.56%
Trend-extrapolated value
—
Frequently asked questions
When did 1311 Montrose Way last sell?
1311 Montrose Way most recently sold on Jun 3, 2022 for $745,000.
What is the current tax assessment for 1311 Montrose Way?
The most recent total assessment for 1311 Montrose Way (year 2025) is $632,770 with $10,795 in property tax.
How does 1311 Montrose Way's assessment compare to its last sale price?
The current assessment is 15.1% below the last sale price of $745,000.
When was 1311 Montrose Way built?
1311 Montrose Way was built in 2001.
How does 1311 Montrose Way compare to others on Montrose Way?
We do not currently track other properties on Montrose Way.
What are the property facts for 1311 Montrose Way?
1311 Montrose Way is a 4 bed, 3 bath, 2,872 sqft, 20,038 sqft lot single_family.
Is 1311 Montrose Way a flip candidate?
No — 1311 Montrose Way does not appear in our flips dataset.
Is 1311 Montrose Way a tax-appeal candidate?
No — 1311 Montrose Way is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly 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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Geography