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1503 Old Millpond Rd

Melbourne, FL 32940

3 bd 2 ba 1,767 sqft Built 2000 Lot 15,682 sqft single_family
Most recent sale
$450,000
Aug 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 22, 2022 Sold $450,000 MLS #939354
Jun 30, 2022 Listed $460,000 MLS #939354
Oct 26, 1999 Sold $333,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $238,020 $99,000 $337,020 $4,350
2024 $238,020 $99,000 $337,020 $4,240
2023 $251,010 $115,500 $366,510 $4,622
2021 $138,270 $1,843
2020 $136,370 $1,788
2019 $133,310 $1,729
2018 $130,830 $1,726
2017 $128,140 $1,731
2016 $125,510 $1,750
2015 $124,640 $1,790
2014 $123,660 $1,799
2013 $121,840 $1,797
2012 $119,810 $1,431
2011 $117,720 $1,396
2010 $130,380 $1,493
2009 $126,960 $1,365
2008 $126,840 $1,365

Property facts

Year built
2000
Property type
single_family
Stories
Beds
3
Baths
2
Living area
1,767 sqft
Lot size
15,682 sqft
ZIP code
32940
City
Melbourne
Street
Old Millpond Rd
Coordinates
28.24530, -80.71735

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,269
Gross rental yield
8.72%
Implied cap rate
5.67%
Trend-extrapolated value

Frequently asked questions

When did 1503 Old Millpond Rd last sell?
1503 Old Millpond Rd most recently sold on Aug 22, 2022 for $450,000.
What is the current tax assessment for 1503 Old Millpond Rd?
The most recent total assessment for 1503 Old Millpond Rd (year 2025) is $337,020 with $4,350 in property tax.
How does 1503 Old Millpond Rd's assessment compare to its last sale price?
The current assessment is 25.1% below the last sale price of $450,000.
When was 1503 Old Millpond Rd built?
1503 Old Millpond Rd was built in 2000.
How does 1503 Old Millpond Rd compare to others on Old Millpond Rd?
We track 8 other properties on Old Millpond Rd. Browse the list under "Other properties on Old Millpond Rd" to compare beds, baths, and sale history.
What are the property facts for 1503 Old Millpond Rd?
1503 Old Millpond Rd is a 3 bed, 2 bath, 1,767 sqft, 15,682 sqft lot single_family.
Is 1503 Old Millpond Rd a flip candidate?
No — 1503 Old Millpond Rd does not appear in our flips dataset.
Is 1503 Old Millpond Rd a tax-appeal candidate?
No — 1503 Old Millpond Rd 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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