Kingsmill Melbourne Market Report 32934

Kingsmill, located just off of Lake Washington Road is a quiet, well maintained community of over 300 houses built between 1986 and 1988. It is situated between Parkway Drive and Aurora Road, just west of Wickham Road in Melbourne Florida.

Kingsmill Melbourne Market Report 32934

Kingsmill is just minutes to shopping, dining, churches and schools. Publix grocery store is within walking distance. Access to I-95, US 1 and the causeways to the beach are within 5 minutes.

The Indian River Lagoon and beaches are within 10 to 12 minutes driving distance.

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The west end of the community boasts custom built homes by Joyal and Tiffany Builders. Several of the homes are situated on half acre sites. The other homes in the neighborhood were built by Maronda Homes.

Kingsmill association fees are currently $164.00 per year per house. This covers maintenance of the common grounds, the 2 parks, and the retention ponds that border the east and west side of the neighborhood.

There is currently one house for sale in Kingsmill, a 3 bedroom, 2 bath, 2 car garage bank owned property with 1399 square feet of living listed at $179,900. This home does not have a pool.

There is one home currently under contract. It’s a 4 bedroom, 2 bath pool home with 2008 square feet of living. The list price was $209,000. We will not have a sale price until the property closes.

There have been 9 homes that have sold in Kingsmill in 2015. Sales prices ranged from $142,500 for a bank owned property to $205,000. Two of the 9 were pool homes. Square footages ranged from 1476 feet of living to 1928 feet.

In 2014 there were 15 houses that sold in Kingsmill. Prices ranged from $105,200 to $195,000. Square footages were from 1484 feet under air to 2021 square feet of living. Two of the houses sold were short sales, 1 was a bank owned property and the other 12 were standard listings (considered non distressed sales). The average sales price for 2014 in Kingsmill was $168,800.

In 2013, there were fifteen houses that have sold at prices from $113,000 to $177,500.  Square footages range from 1576 under air to 2083 living square feet. Two of the houses sold were short sales, a 4 bedroom, 2 bath at $113,000 and a 3 bedroom, 2 bath at $134,000.  (A short sale is when a seller’s mortgage company agrees to take today’s market value for a home, and writes off the difference between the selling price and the owners mortgage balance.)  A 3 bedroom, 2 bath was a bank owned property that sold for $135,000.  The other twelve sales were traditional sales.  The average sales price for 2013 in Kingsmill was $143,560.

There were 12 houses sold in Kingsmill in 2012. The sales prices ranged from $105,000 a short sale at 1554 square feet of living to $180,000, a standard listing (not a foreclosure or a short sale) that was completely remodeled, with a pool at 1868 sq. ft.  Eight of the 12 sales were traditional sellers, and 4 were short sales (where the owners owed more on the houses than they were worth in today’s market.)  4 of the 12 were pool homes. The average sales price in 2012 was $140,880.

Ride your bicycle to Wickham Park. Take your dog to the dog park.  Go walking, jogging, biking or swimming. Play horseshoes, volleyball, disc golf.  Shoot archery. Go camping, have a picnic or a birthday party.  Ride your horse.

Ride your bicycle to Lake Washington and launch your boat, go fishing, have a picnic, play in the park and watch amazing sunsets.


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