NOT LISTED FOR SALE

1008 Placid Dr Melbourne, FL 32935

Estimated Value: $688,000 - $933,639

3 Beds
2 Baths
1,840 Sq Ft
$439/Sq Ft Est. Value

Last Sold April 20, 2015

Last sale price $440,000 $239 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $4,739/month

27 Days on Market

Highlights

  • Boathouse
  • In Ground Pool
  • RV Access or Parking
  • Boat Dock
  • The property is located in a historic district
  • River View

About This Home

As of April 2015

Under contract with 72 hour kick out clause. Please continue to show! A true historic hidden gem. Sitting on the banks of the Eau Gallie river, this property dates back to the turn of the century when it was part of the Kentucky Military Institute's winter campus. The home is the last remaining structure. Adorned with huge oak trees, and hanging moss, this view of the river is truly breathtaking; one of the best in the city. A detached two car garage also includes a workshop and a full bathroom. The possibilities are endless! Update and restore this charming home or start fresh on this fantastic piece of land.

Last Agent to Sell the Property

Lauren Merrell P.A.

Dale Sorensen Real Estate Inc. License #3212728 Listed on: 01/31/2015

Dale Sorensen Real Estate Inc.

Last Buyer's Agent

Leslie Boucher

One Sotheby's International License #3303145

One Sotheby's International

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,567

Year Built

  • Built in 1900

Lot Details

  • 1.82 Acre Lot
  • River Front
  • Street terminates at a dead end
  • South Facing Home
  • Front and Back Yard Sprinklers

Parking

  • 2 Car Detached Garage
  • Circular Driveway
  • RV Access or Parking

Home Design

  • Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,840 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Great Room
  • Living Room
  • River Views
  • Fire and Smoke Detector
  • Washer and Gas Dryer Hookup

Kitchen

  • Double Oven
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Outdoor Features

  • In Ground Pool
  • Boathouse
  • Deck
  • Separate Outdoor Workshop

Location

  • The property is located in a historic district

Schools

  • Harbor City Elementary School
  • Johnson Middle School
  • Eau Gallie High School

Utilities

  • Central Heating and Cooling System
  • Well
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 27-37-21-29-0000a.0-0002.00

Community Details

Overview

  • No Home Owners Association
  • Garland Reynolds Subd Subdivision

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,567

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1900
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • ResoLotFeatures: Dead End Street, Historic Area, Sprinklers In Front, Sprinklers In Rear
  • Reso View: River, Water
  • Water Body Name: Eau Gallie River
  • ResoSecurityFeatures: Smoke Detector(s)
  • Reso Association Amenities: Boat Dock
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Garland Reynolds Subd
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Reso Other Structures: Boat House, Workshop
  • Location Tax and Legal Parcel Number2: 27-37-21-29-0000a.0-0002.00
  • Location Tax and Legal Elementary School: Harbor City
  • Location Tax and Legal Middle School2: Johnson
  • Location Tax and Legal High School: Eau Gallie
  • Location Tax and Legal Tax Annual Amount: 7567.23
  • Location Tax and Legal Tax Year2: 2013
  • General Property Information Living Area2: 1840.0
  • General Property Information Building Area Total3: 1840.0
  • General Property Information Lot Size Acres: 1.82
  • General Property Information Lot Size Square Feet2: 79279.2
  • General Property Information New Construction YN: No
  • General Property Information Waterfront YN: Yes
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: South
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Flooring Laminate: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Levels One: Yes
  • Pool Features In Ground: Yes
  • Pool Features Private: Yes
  • Lot Features Dead End Street: Yes
  • Roof:Shingle: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Utilities Electricity Connected: Yes
  • Flooring Carpet: Yes
  • Water Source Well: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • View Water3: Yes
  • Room Types Great Room: Yes
  • Other Structures Workshop: Yes
  • Room Types Living Room: Yes
  • General Property Information Lot Size Dimensions: 174.0 ft x 125.0 ft
  • Other Structures Boat House: Yes
  • Lot Features Historic Area: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Ceiling Fan(s), Primary Bathroom - Tub with Shower, Primary Downstairs, Walk-In Closet(s)
  • Flooring: Carpet, Laminate
  • Appliances: Dishwasher, Double Oven, Electric Water Heater, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • ResoLivingAreaSource: Other
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Double Oven: Yes

Exterior Features

  • Pool Features: In Ground, Private, Other
  • Roof: Shingle
  • Acres: 1.82
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Construction Type: Frame, Wood Siding
  • Direction Faces: South
  • Patio And Porch Features: Deck
  • Patio And Porch Features:Deck: Yes
  • Construction Materials:Frame: Yes
  • Construction Materials:Wood Siding: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Lot Features:Sprinklers In Rear: Yes
  • View:River: Yes
  • Waterfront Features:River Front: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Circular Driveway, Detached, RV Access/Parking
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Circular Driveway: Yes
  • Parking Features:RV AccessParking: Yes
  • Parking Features:Detached: Yes

Utilities

  • Cooling: Central Air
  • Utilities: Electricity Connected, Water Available
  • Heating: Central
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Central: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No
  • Association Amenities:Boat Dock: Yes

Schools

  • Middle Or Junior School: Johnson

Lot Info

  • Lot Dimensions: 174.0 ft x 125.0 ft
  • Lot Size Sq Ft: 79279.2
  • ResoLotSizeUnits: Acres
  • Parcel #: 27-37-21-29-0000a.0-0002.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 7567.23

MLS Schools

  • Elementary School: Harbor City
  • High School: Eau Gallie

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 7, 2022
Sold by
Salmon Jeremy A and Salmon Brenda L
Bought by
Salmon Family Trust
Current Estimated Value
$806,910

Purchase Details

Listed on
Jan 31, 2015
Closed on
Apr 15, 2015
Sold by
Fritts Mary and The Mary First Family Trust
Bought by
Salmon Jeremy S and Salmon Brenda L
Seller's Agent
Lauren Merrell P.A.
Dale Sorensen Real Estate Inc.
Buyer's Agent
Leslie Boucher
One Sotheby's International
List Price
$499,000
Sold Price
$440,000
Premium/Discount to List
-$59,000
-11.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.79%
Original Mortgage
$417,000
Interest Rate
3.95%

Purchase Details

Closed on
May 19, 2005
Sold by
Fritts Mary
Bought by
Fritts Mary and Mary Fritts Family Trust

Purchase Details

Closed on
Jun 7, 2004
Sold by
Perkins John Orion
Bought by
Fritts Mary Lou

Purchase Details

Closed on
Sep 25, 2000
Sold by
Frederick Lillian Mae
Bought by
Frederick Lillian Mae
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Salmon Family Trust -- None Listed On Document
Salmon Jeremy S $440,000 Supreme Title Solutions Llc
Salmon Jeremy A -- Supreme Title Solutions Llc
Fritts Mary -- --
Fritts Mary Lou $226,000 --
Frederick Lillian Mae -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Salmon Jeremy S $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/20/2015 04/20/15 Sold $440,000 -11.8% $239 / Sq Ft
02/27/2015 02/27/15 Pending -- -- --
01/31/2015 01/31/15 For Sale $499,000 -- $271 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

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
2025 $6,486 $422,420 -- --
2024 $6,354 $410,520 -- --
2023 $6,354 $398,570 $0 $0
2022 $6,008 $386,970 $0 $0
2021 $6,115 $375,700 $0 $0
2020 $5,675 $349,430 $0 $0
2019 $5,741 $341,580 $0 $0
2018 $5,660 $331,060 $0 $0
2017 $5,684 $324,260 $0 $0
2016 $5,862 $317,600 $305,340 $12,260
2015 $7,677 $394,810 $375,950 $18,860
2014 $7,567 $391,680 $375,950 $15,730
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Space Coast MLS (Space Coast Association of REALTORS®)

MLS Number: 716641

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-37-21-29-0000A.0-0002.00