7072 Mercado Ln Melbourne, FL 32940
Addison Village NeighborhoodEstimated payment $5,588/month
Total Views
4,335
5
Beds
4.5
Baths
3,446
Sq Ft
$239
Price per Sq Ft
Highlights
- Lake View
- Open Floorplan
- Spanish Architecture
- Quest Elementary School Rated A-
- Main Floor Primary Bedroom
- Screened Porch
About This Home
Major price reduction, sellers are ready to move on to their next adventure!
Welcome to this stunning 5-bedroom, 4.5-bathroom home nestled in the highly sought-after Arrivas Village community of Viera! This Spanish-style beauty offers an ideal blend of elegance, comfort, and modern convenience, perfect for those seeking a vibrant and upscale lifestyle.
This Mecina Model with an oversized courtyard area boasts an open-concept floor plan with high ceilings, elegant finishes, and abundant natural light.
The first-floor primary suite provides a private retreat with a soaking tub, and a walk-in shower. Upstairs, you'll find four additional bedrooms, including a secondary suite with its own private bath, perfect for guests or multi-generational living.
Enjoy the Florida lifestyle with a beautifully designed courtyard and upstairs balcony overlooking the lake. The home also features a two-car garage, plus a golf cart garage with a rear-entry design.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,763
Year Built
- Built in 2019
Lot Details
- 6,970 Sq Ft Lot
- Property fronts a county road
- East Facing Home
- Wrought Iron Fence
- Front and Back Yard Sprinklers
- Zero Lot Line
HOA Fees
Parking
- 2.5 Car Attached Garage
- Garage Door Opener
- Additional Parking
- On-Street Parking
- Off-Street Parking
Home Design
- Spanish Architecture
- Frame Construction
- Tile Roof
- Block Exterior
- Asphalt
- Stucco
Interior Spaces
- 3,446 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Ceiling Fan
- Screened Porch
- Lake Views
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Electric Oven
- Induction Cooktop
- Microwave
- Dishwasher
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom on Main
- Split Bedroom Floorplan
- Dual Closets
- Walk-In Closet
- Separate Shower in Primary Bathroom
Laundry
- Laundry on upper level
- Washer
- Sink Near Laundry
Home Security
- Security System Owned
- Smart Thermostat
- Hurricane or Storm Shutters
- High Impact Windows
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Balcony
- Courtyard
Schools
- Quest Elementary School
- Kennedy Middle School
- Viera High School
Utilities
- Multiple cooling system units
- Central Heating and Cooling System
- Underground Utilities
- Tankless Water Heater
- Gas Water Heater
- Water Softener is Owned
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 26-36-09-52-0000z.0-0002.00
Community Details
Overview
- Association fees include ground maintenance
- Arrivas Home Owners Association, Phone Number (321) 777-7575
- Arrivas Village Phase 2 Subdivision
- Maintained Community
Recreation
- Community Playground
- Community Pool
- Dog Park
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2023 | $8,416 | $674,810 | $0 | $0 |
| 2022 | $7,336 | $608,440 | $0 | $0 |
| 2021 | $6,803 | $472,210 | $56,000 | $416,210 |
| 2020 | $4,996 | $369,690 | $0 | $0 |
| 2019 | $963 | $56,000 | $56,000 | $0 |
| 2018 | $788 | $56,000 | $56,000 | $0 |
| 2017 | $824 | $14,000 | $0 | $0 |
| 2016 | $164 | $10,500 | $10,500 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/15/2025 04/15/25 | Price Changed | $824,900 | -2.8% | $239 / Sq Ft |
| 03/27/2025 03/27/25 | Price Changed | $849,000 | -1.3% | $246 / Sq Ft |
| 03/22/2025 03/22/25 | Price Changed | $860,000 | -2.3% | $250 / Sq Ft |
| 03/13/2025 03/13/25 | For Sale | $880,000 | +49.2% | $255 / Sq Ft |
| 12/18/2020 12/18/20 | Sold | $590,000 | -1.7% | $171 / Sq Ft |
| 11/13/2020 11/13/20 | Pending | -- | -- | -- |
| 10/28/2020 10/28/20 | Price Changed | $599,900 | -4.8% | $174 / Sq Ft |
| 09/19/2020 09/19/20 | For Sale | $629,900 | -- | $183 / Sq Ft |
Source: Space Coast MLS (Space Coast Association of REALTORS®)
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $590,000 | Prestige Ttl Of Brevard Llc | |
| Warranty Deed | $578,000 | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $472,000 | New Conventional | |
| Previous Owner | $260,000 | New Conventional |
Source: Public Records
Similar Homes in Melbourne, FL
Source: Space Coast MLS (Space Coast Association of REALTORS®)
MLS Number: 1039410
APN: 26-36-09-52-0000Z.0-0002.00
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