898 Ridge Lake Dr
Melbourne, FL 32940
3 bd 2 ba 1,792 sqft Built 1988 Lot 3,485 sqft single_family
Most recent sale
$359,000
Jul 12, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 2, 2024 | Sold | $440,000 | SpaceCoast |
| Jul 12, 2022 | Sold | $359,000 | MLS #938478 |
| Jun 22, 2022 | Listed | $359,000 | MLS #938478 |
| Sep 15, 2004 | Sold | $200,500 | Public Record |
| Jun 21, 2001 | Sold | $138,000 | Public Record |
| Aug 1, 1988 | Sold | $138,200 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2023 | $204,170 | $99,000 | $303,170 | $4,264 |
| 2021 | — | — | $119,460 | $1,566 |
| 2020 | — | — | $117,820 | $1,508 |
| 2019 | — | — | $115,180 | $1,447 |
| 2018 | — | — | $113,040 | $1,441 |
| 2017 | — | — | $110,720 | $1,440 |
| 2016 | — | — | $108,450 | $1,452 |
| 2015 | — | — | $107,700 | $1,488 |
| 2014 | — | — | $106,850 | $1,494 |
| 2013 | — | — | $105,280 | $1,497 |
| 2012 | — | — | $103,520 | $1,145 |
| 2011 | — | — | $100,630 | $1,095 |
| 2010 | — | — | $109,770 | $1,159 |
| 2009 | — | — | $142,170 | $1,597 |
| 2008 | — | — | $176,000 | $2,116 |
Property facts
Year built
1988
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,792 sqft
Lot size
3,485 sqft
ZIP code
32940
City
Melbourne
Street
Ridge Lake Dr
Coordinates
28.21015, -80.69075
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,315
Gross rental yield
11.08%
Implied cap rate
7.20%
Trend-extrapolated value
—
Frequently asked questions
When did 898 Ridge Lake Dr last sell?
898 Ridge Lake Dr most recently sold on Jul 12, 2022 for $359,000.
What is the current tax assessment for 898 Ridge Lake Dr?
The most recent total assessment for 898 Ridge Lake Dr (year 2023) is $303,170 with $4,264 in property tax.
How does 898 Ridge Lake Dr's assessment compare to its last sale price?
The current assessment is 15.6% below the last sale price of $359,000.
When was 898 Ridge Lake Dr built?
898 Ridge Lake Dr was built in 1988.
How does 898 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 898 Ridge Lake Dr?
898 Ridge Lake Dr is a 3 bed, 2 bath, 1,792 sqft, 3,485 sqft lot single_family.
Is 898 Ridge Lake Dr a flip candidate?
Yes — 898 Ridge Lake Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 898 Ridge Lake Dr a tax-appeal candidate?
No — 898 Ridge Lake Dr 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
Explore nearby
Geography
Other properties on Ridge Lake Dr