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3039 Ribbon Grass Dr

Melbourne, FL 32940

4 bd 4 ba 2,606 sqft Built 2021 Lot 6,970 sqft single_family
Most recent sale
$729,000
Aug 8, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 8, 2022 Sold $729,000 MLS #935239
Jun 3, 2022 Price changed $749,900 MLS #935239
May 18, 2022 Listed $775,000 MLS #935239
Apr 23, 2021 Sold $473,600 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $403,480 $95,000 $498,480 $6,769
2021 $70,000 $70,000 $1,295
2020 $70,000 $70,000 $1,062
2019 $10,000 $10,000 $274

Property facts

Year built
2021
Property type
single_family
Stories
2
Beds
4
Baths
4
Living area
2,606 sqft
Lot size
6,970 sqft
ZIP code
32940
City
Melbourne
Street
Ribbon Grass Dr
Coordinates
28.21779, -80.74367

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,821
Gross rental yield
7.94%
Implied cap rate
5.16%
Trend-extrapolated value

Frequently asked questions

When did 3039 Ribbon Grass Dr last sell?
3039 Ribbon Grass Dr most recently sold on Aug 8, 2022 for $729,000.
What is the current tax assessment for 3039 Ribbon Grass Dr?
The most recent total assessment for 3039 Ribbon Grass Dr (year 2022) is $498,480 with $6,769 in property tax.
How does 3039 Ribbon Grass Dr's assessment compare to its last sale price?
The current assessment is 31.6% below the last sale price of $729,000.
When was 3039 Ribbon Grass Dr built?
3039 Ribbon Grass Dr was built in 2021.
How does 3039 Ribbon Grass Dr compare to others on Ribbon Grass Dr?
We track 8 other properties on Ribbon Grass Dr. Browse the list under "Other properties on Ribbon Grass Dr" to compare beds, baths, and sale history.
What are the property facts for 3039 Ribbon Grass Dr?
3039 Ribbon Grass Dr is a 4 bed, 4 bath, 2,606 sqft, 6,970 sqft lot single_family.
Is 3039 Ribbon Grass Dr a flip candidate?
Yes — 3039 Ribbon Grass Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 3039 Ribbon Grass Dr a tax-appeal candidate?
No — 3039 Ribbon Grass 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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