$82,600
- 1 Bed
- 1 Bath
- 544 sqft
116 Preston Ln, Melbourne, FL 32935
Est. Refi. Payment $598/mo*
Refinance Your HomeCurrently Off Market - Sold Sep 24, 2003 for $25,000
Home Value
Trulia Estimate
$82.6KSince last month
Increased$400 (+0.5%)Since last year
Decreased$3K (-3.7%)Since last sale
Increased$58K (+232%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +106% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $83K |
| August 2026 | $83K |
| July 2026 | $83K |
| June 2026 | $83K |
| May 2026 | $83K |
| April 2026 | $82K |
| March 2026 | $81K |
| February 2026 | $82K |
| January 2026 | $80K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.19 | Condo | $180,000 | 04/06/26 | 2 | 1 | 964 |
Home facts updated by county records
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.04 | $121,700 | Studio | - | 890 | Off Market | |
0.03 | $100,700 | 1 | 1 | 544 | Off Market | |
0.03 | $88,300 | 1 | 1 | 544 | Off Market | |
0.04 | $129,900 | 2 | 2 | 890 | Recently Sold | |
0.04 | $117,000 | Studio | - | 815 | Off Market | |
0.04 | $116,100 | 2 | 2 | 890 | Off Market | |
0.03 | $91,600 | 1 | 1 | 544 | Off Market | |
0.04 | $117,700 | Studio | - | 890 | Off Market | |
0.03 | $112,400 | Studio | - | 815 | Off Market | |
0.04 | $105,600 | Studio | - | 815 | Off Market | |
0.03 | $117,400 | 2 | 1 | 890 | Off Market | |
0.04 | $117,600 | Studio | - | 890 | Off Market |
Local Information
-- mins to
Home Highlights
Condo
Built in 1977
544 sqft
$152/sqft
About this House
1BR/1BA condo in English Park Condominiums. Lk Washington address is close to everything. New AC, pools, tennis, racquetball, and laudry rooms on site. Across street from public golf course. Owner financing available.
Neighborhood Description
Nice neighborhood w/ a mix from young singles to retirees.
Neighborhood Description
Nice neighborhood w/ a mix from young singles to retirees.
116 Preston Ln, Melbourne, FL 32935 is a 1 bedroom, 1 bathroom, 544 sqft condo built in 1977. It last sold for $25,000 on Sep 24, 2003. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $82,600, with a rent estimate of $1,239/month.
Home Details for 116 Preston Ln
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Heating & Cooling Heating: ElectricAir ConditioningCooling System: CentralHeating Fuel: Electric |
Levels, Entrance, & Accessibility Stories: 1Floors: Carpet |
Interior Details Number of Rooms: 3Types of Rooms: Walk In Closet, Breakfast Nook, Family Room, Master Bath |
Appliances & Utilities Cable ReadyDishwasherRefrigerator |
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Year Built Year Built: 1977Year Updated: 1977 |
Property Type / Style Property Type: CondoArchitecture: Tudor |
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Levels, Entrance, & Accessibility Disabled Access |
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Exterior Home Features Exterior: Stucco |
Pool Pool |
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Units in Building: 1 |
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Lot Area: 2733 sqft |
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Sport Court |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Sep 24, 2003 Source: N/A | Sold | $25,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $1,540 | $82,800 |
Home facts updated by county records
Market trends in Melbourne
Last updated July 2026
Avg. sale price
$367K
$4.33KMoM
Sale-to-List Price
97.7%
0.2%MoM
Price per sq ft
$222
$1MoM
Available listings
775
58MoM
Around this home
What Locals Say about Melbourne
At least 923 Trulia users voted on each feature.
88 % Say car is needed
88 % Say it's dog friendly
83 % Say parking is easy
74 % Say yards are well-kept
74 % Say there are sidewalks
72 % Say there's holiday spirit
69 % Say it's quiet
65 % Say people would walk alone at night
61 % Say kids play outside
58 % Say streets are well-lit
53 % Say neighbors are friendly
50 % Say there's wildlife
49 % Say they plan to stay for at least 5 years
43 % Say it's walkable to grocery stores
40 % Say it's walkable to restaurants
27 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 116 Preston Ln
- What is 116 Preston Ln estimated to be worth?Trulia's estimated value for 116 Preston Ln in Melbourne, FL is $82,600.
- What is the price history for 116 Preston Ln?116 Preston Ln in Melbourne, FL last sold for $25,000 in September 2003.
- Is Melbourne a buyer's or seller's market?Melbourne is currently a balanced market, based on recent for-sale activity.
- What's the median sale price in Melbourne?The median sale price in Melbourne is $367K. That is up $4.33K from the prior month.
- Does 116 Preston Ln have air conditioning?Yes, 116 Preston Ln in Melbourne, FL has air conditioning.
- Does 116 Preston Ln have a pool?Yes, 116 Preston Ln in Melbourne, FL has a pool.