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1308 Silver Lake Dr

Melbourne, FL 32940

3 bd 2 ba 1,638 sqft Built 1987 Lot 12,632 sqft single_family
Most recent sale
$500,000
Jul 12, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 12, 2022 Sold $500,000 MLS #935998
Jun 8, 2022 Listed $475,000 MLS #935998
Sep 15, 2014 Sold $225,000 MLS #693403
Jul 11, 2014 Sold $225,000 Public Record
Apr 29, 2014 Price changed $234,000 MLS #693403
Apr 2, 2014 Listed $239,000 MLS #693403
Apr 2, 2014 Listing removed $240,000 SpaceCoast
Feb 17, 2014 Listing removed $249,000 SpaceCoast
Feb 16, 2014 Listed $240,000 MLS #689482
Oct 3, 2013 Listed $249,000 MLS #679897
May 27, 2003 Sold $172,000 Public Record
Apr 14, 1998 Sold $131,000 Public Record
Jan 30, 1992 Sold $115,000 Public Record
Jun 1, 1988 Sold $124,900 Public Record
Aug 1, 1986 Sold $88,300 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $237,970 $137,500 $375,470 $4,795
2024 $237,970 $137,500 $375,470 $4,721
2023 $242,570 $154,000 $396,570 $4,970
2021 $250,380 $3,871
2020 $169,620 $58,000 $227,620 $3,485
2019 $164,010 $58,000 $222,010 $3,450
2018 $165,740 $58,000 $223,740 $3,418
2017 $129,190 $58,000 $187,190 $3,148
2016 $131,130 $66,000 $197,130 $3,431
2015 $116,050 $70,000 $186,050 $3,390
2014 $142,340 $2,090
2013 $139,720 $2,089
2012 $137,390 $1,741
2011 $134,550 $1,692
2010 $140,340 $1,654
2009 $153,150 $1,764
2008 $170,120 $2,026

Property facts

Year built
1987
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,638 sqft
Lot size
12,632 sqft
ZIP code
32940
City
Melbourne
Street
Silver Lake Dr
Coordinates
28.21815, -80.70117

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,030
Gross rental yield
7.27%
Implied cap rate
4.73%
Trend-extrapolated value

Frequently asked questions

When did 1308 Silver Lake Dr last sell?
1308 Silver Lake Dr most recently sold on Jul 12, 2022 for $500,000.
What is the current tax assessment for 1308 Silver Lake Dr?
The most recent total assessment for 1308 Silver Lake Dr (year 2025) is $375,470 with $4,795 in property tax.
How does 1308 Silver Lake Dr's assessment compare to its last sale price?
The current assessment is 24.9% below the last sale price of $500,000.
When was 1308 Silver Lake Dr built?
1308 Silver Lake Dr was built in 1987.
How does 1308 Silver Lake Dr compare to others on Silver Lake Dr?
We track 8 other properties on Silver Lake Dr. Browse the list under "Other properties on Silver Lake Dr" to compare beds, baths, and sale history.
What are the property facts for 1308 Silver Lake Dr?
1308 Silver Lake Dr is a 3 bed, 2 bath, 1,638 sqft, 12,632 sqft lot single_family.
Is 1308 Silver Lake Dr a flip candidate?
No — 1308 Silver Lake Dr does not appear in our flips dataset.
Is 1308 Silver Lake Dr a tax-appeal candidate?
No — 1308 Silver Lake 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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