Skip to main content
MarketTimeline.com
MT
MarketTimeline
.com
Methodology Top Markets
Public Record 79M+ records · 29M+ properties All 50 states Methodology

5031 Spinet Dr

Melbourne, FL 32940

4 bd 3 ba 2,356 sqft Built 2003 Lot 6,970 sqft single_family
Most recent sale
$590,000
Aug 18, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 18, 2022 Sold $590,000 MLS #940569
Jul 16, 2022 Listed $600,000 MLS #940569
Nov 22, 2011 Listing removed $279,900 SpaceCoast
Oct 1, 2008 Listed $279,900 MLS #521576
Feb 6, 2003 Sold $168,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $175,120 $2,444
2020 $172,710 $2,366
2019 $168,830 $2,310
2018 $165,690 $2,310
2017 $162,290 $2,321
2016 $158,960 $2,354
2015 $157,860 $2,415
2014 $156,610 $2,429
2013 $154,300 $2,436
2012 $151,730 $1,993
2011 $164,160 $2,214
2010 $183,590 $2,355
2009 $216,630 $2,731
2008 $253,000 $3,292

Property facts

Year built
2003
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,356 sqft
Lot size
6,970 sqft
ZIP code
32940
City
Melbourne
Street
Spinet Dr
Coordinates
28.19120, -80.69788

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,359
Gross rental yield
8.87%
Implied cap rate
5.76%
Trend-extrapolated value

Frequently asked questions

When did 5031 Spinet Dr last sell?
5031 Spinet Dr most recently sold on Aug 18, 2022 for $590,000.
What is the current tax assessment for 5031 Spinet Dr?
The most recent total assessment for 5031 Spinet Dr (year 2021) is $175,120 with $2,444 in property tax.
How does 5031 Spinet Dr's assessment compare to its last sale price?
The current assessment is 70.3% below the last sale price of $590,000.
When was 5031 Spinet Dr built?
5031 Spinet Dr was built in 2003.
How does 5031 Spinet Dr compare to others on Spinet Dr?
We track 2 other properties on Spinet Dr. Browse the list under "Other properties on Spinet Dr" to compare beds, baths, and sale history.
What are the property facts for 5031 Spinet Dr?
5031 Spinet Dr is a 4 bed, 3 bath, 2,356 sqft, 6,970 sqft lot single_family.
Is 5031 Spinet Dr a flip candidate?
No — 5031 Spinet Dr does not appear in our flips dataset.
Is 5031 Spinet Dr a tax-appeal candidate?
No — 5031 Spinet 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

Explore nearby

Other properties on Spinet Dr