842 Ridge Lake Dr
Melbourne, FL 32940
3 bd 2 ba 1,792 sqft Built 1988 Lot 3,920 sqft townhomes
Most recent sale
$247,000
Mar 23, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 17, 2024 | Listed | $449,900 | SpaceCoast |
| Mar 23, 2021 | Sold | $247,000 | SpaceCoast |
| Apr 19, 2004 | Sold | $170,000 | Public Record |
| Mar 22, 1999 | Sold | $127,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $207,680 | $110,000 | $317,680 | $4,531 |
| 2024 | $207,680 | $110,000 | $317,680 | $4,329 |
| 2022 | $160,820 | $88,000 | $248,820 | $3,463 |
| 2021 | $151,690 | $60,990 | $212,680 | $3,261 |
| 2020 | $144,960 | $52,000 | $196,960 | $3,064 |
| 2019 | $146,800 | $52,000 | $198,800 | $3,117 |
| 2018 | $133,150 | $51,000 | $184,150 | $2,984 |
| 2017 | $121,700 | $51,000 | $172,700 | $2,877 |
| 2016 | $104,250 | $51,000 | $155,250 | $2,745 |
| 2015 | — | — | $138,470 | $2,634 |
| 2014 | — | — | $125,890 | $2,462 |
| 2013 | — | — | $114,450 | $2,426 |
| 2012 | — | — | $104,050 | $1,831 |
| 2011 | — | — | $100,960 | $1,778 |
| 2010 | — | — | $120,560 | $1,952 |
| 2009 | — | — | $167,430 | $2,551 |
| 2008 | — | — | $170,000 | $2,596 |
| 2007 | — | — | $190,000 | $2,875 |
Property facts
Year built
1988
Property type
townhomes
Stories
1
Beds
3
Baths
2
Living area
1,792 sqft
Lot size
3,920 sqft
ZIP code
32940
City
Melbourne
Street
Ridge Lake Dr
Coordinates
28.21125, -80.69005
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,482
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 842 Ridge Lake Dr last sell?
842 Ridge Lake Dr most recently sold on Mar 23, 2021 for $247,000.
What is the current tax assessment for 842 Ridge Lake Dr?
The most recent total assessment for 842 Ridge Lake Dr (year 2025) is $317,680 with $4,531 in property tax.
How does 842 Ridge Lake Dr's assessment compare to its last sale price?
The current assessment is 28.6% above the last sale price of $247,000.
When was 842 Ridge Lake Dr built?
842 Ridge Lake Dr was built in 1988.
How does 842 Ridge Lake Dr compare to others on Ridge Lake Dr?
We track 8 other properties on Ridge Lake Dr. Browse the list under "Other properties on Ridge Lake Dr" to compare beds, baths, and sale history.
What are the property facts for 842 Ridge Lake Dr?
842 Ridge Lake Dr is a 3 bed, 2 bath, 1,792 sqft, 3,920 sqft lot townhomes.
Is 842 Ridge Lake Dr a flip candidate?
No — 842 Ridge Lake Dr does not appear in our flips dataset.
Is 842 Ridge Lake Dr a tax-appeal candidate?
Yes — 842 Ridge Lake Dr appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.
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
Explore nearby
Geography
Other properties on Ridge Lake Dr