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Active

Active·80 days on market

461 Melrose Court

Green Cove Springs, FL 32043

$249,000$186/sqftEst. $1,279/moMLS# 2148812

Beds

Baths

1,340

Sq Ft

1985

Built

—

Garage

Pool

About this home

Green Cove Springs

** PRICE IMPROVEMENT!** Located in highly sought-after Green Cove Springs, this 3 bd 1.5 ba home is situated on a cul-de-sac lot. The property features a fully vinyl-fenced backyard, providing a private outdoor space for relaxing, entertaining, pets, or play. Recent improvements include luxury vinyl plank flooring in all bedrooms, new tile flooring in the laundry room and flex room, and a new roof installed in 2022. The floor plan offers an additional flex space that can be used as a home office, hobby room, fitness area, or playroom to fit your lifestyle. Whether you're a first-time buyer, downsizing, investing or simply looking for a home in Green Cove Springs with no HOA, this property offers a great opportunity with room to make it your own. With key updates already completed the home still has plenty of potential to make it your own! Bring your offers!

Cost to own

Mortgage calculator

Home Price

$249,000

Down Payment: 20%

$49,800

Interest Rate: 6.65%

Loan Term

Monthly Payment

$1,279

Principal & Interest: $1,279

Property taxes (est.): $382

Insurance (est.): $166

Estimated Total Monthly

$1,826

*30-year loan at 6.65% APR (avg 30-yr rate 2026-08-20, Freddie Mac PMMS via FRED). Taxes use the county effective rate; insurance is a rough estimate — Florida premiums swing with roof age and flood zone (see the Reality Check). Actual costs may vary.

Cost to own

True monthly cost

What this home actually costs per month at the asking price — not just the mortgage.

Principal & interest20% down · 6.65% · 30yr$1,279

Property taxesest. at asking price, Clay County$382

Estimated total, before insurance$1,660/mo

• Homeowners insurance is on top — in Florida it varies widely with roof age and wind/flood zone (see the Reality Check below). Budget it before you offer.
• In CDD communities (Nocatee, eTown, Seven Pines…), bond assessments are collected on the property-tax bill, and the amount varies home to home — a prior owner may have prepaid the bond — so we confirm this home’s exact line rather than trust a community average.
• Taxes are estimated at YOUR purchase price — Florida assessments reset on sale, so the seller’s current bill is usually lower than yours will be.

Cost to own

Taxes & assessment

Year	Market value	Taxable value	Change
2025	$160,380	$136,953	—
2024	$158,723	$108,723	▲ $3,436
2023	$156,177	$106,177	—
2022	$111,887	$102,896	—
2021	$93,542	$93,542	—
2020	$88,368	$88,368	—

Estimated taxes if purchased at asking price: ~$4,600/yr

Florida’s Save Our Homes cap limits how fast the current owner’s assessment can rise — and it resets when a home sells, so a buyer’s tax bill is typically based on the purchase price, not the seller’s bill above. Estimate uses the median effective rate across 792 current Clay listings and includes typical non-ad-valorem assessments; actual taxes depend on exemptions and taxing district. Sources: Florida DOR certified tax roll (2025), NEFMLS.

Storms & insurance

Florida Reality Check

The storm-and-insurance facts every Florida buyer should know up front.

Zone X — minimal flood hazard

Flood insurance is typically not required by lenders (always optional).

Flood damage is not covered by standard homeowners insurance — it’s always a separate policy.

Outside all hurricane evacuation zones

This location is not in a designated storm-surge evacuation zone.

Roof: Shingle — 2022 per the listing

A recent roof is the single biggest lever on Florida homeowners-insurance pricing.

Sewer (public record) · Public water (record)

County records show this parcel on central sewer — no septic system to inspect or maintain.

Source: Florida DOH Water Management Inventory (public record).

Solar potential: ~1,202 usable sun-hours per year

Moderate solar exposure — shade or roof orientation limits panel output here.

Krista can connect you with local insurance quotes before you make an offer.

Ask about this home

As of July 2026, this Reality Check is informational only — it draws on FEMA/FDEM hazard layers, Florida DOH water records, and the listing’s own fields at this property’s coordinates. None of it is a determination, survey, or inspection, and public records can lag or conflict with on-site conditions. Independently verify anything you’ll rely on: the flood zone at msc.fema.gov and floridadisaster.org/knowyourzone (and confirm flood-insurance cost with your lender and a licensed insurance agent), and the sewer/septic, roof, and utilities with a professional inspection.

History