NOT LISTED FOR SALE

1023 Musgrass Cir West Melbourne, FL 32904

Estimated Value: $512,593 - $570,000

5 Beds
2.5 Baths
3,020 Sq Ft
$178/Sq Ft Est. Value

Last Sold May 31, 2017

Last sale price $315,000 $104 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $3,299/month

101 Days on Market

Highlights

  • Fitness Center
  • Open Floorplan
  • Community Pool
  • Melbourne Senior High School Rated A-
  • Clubhouse
  • Tennis Courts

About This Home

As of May 2017

**NEW HOME CONSTRUCTION**
Resort Style living in Gated Clubhouse Pool community in West Melbourne 3020’ Under Air Sq. Ft home under construction Ready Approx March/April 2017. Tile living areas / Master down stairs //Granite throughout counters including kitchen island bar/ Raised Panel 36” cabinets with crown molding/ Glass front entry door and blinds throughout. Incentives available. Closing cost assistance also available when using preferred lender.

Last Agent to Sell the Property

Kathleen Shippey

D.R.Horton Realty Inc. License #3071532 Listed on: 01/11/2017

Last Buyer's Agent

Jill Berry

RE/MAX Elite

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,202

Year Built

  • Built in 2017

Lot Details

  • Lot Dimensions are 50x125
  • North Facing Home
  • Front and Back Yard Sprinklers

HOA Fees

  • $91 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Frame Construction
  • Shingle Roof
  • Wood Siding
  • Concrete Siding
  • Block Exterior
  • Asphalt
  • Stucco

Interior Spaces

  • 3,020 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Separate Shower in Primary Bathroom

Home Security

  • Security Gate
  • Hurricane or Storm Shutters

Outdoor Features

  • Patio
  • Porch

Schools

  • Meadowlane Elementary School
  • Central Middle School
  • Melbourne High School

Utilities

  • Central Air
  • Heating Available
  • Well
  • Electric Water Heater
  • Cable TV Available

Community Details

Overview

  • Sawgrass Lakes Subdivision

Recreation

  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool
  • Park

Additional Features

  • Clubhouse
  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,202

Year Built

Built in 2017

Lot Details

0

HOA Fees

$91 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2017
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Sprinklers In Front, Sprinklers In Rear
  • Road Surface Type: Asphalt
  • ResoSecurityFeatures: Security Gate
  • Reso Association Amenities: Clubhouse, Fitness Center, Maintenance Structure, Management - Full Time, Management- On Site, Park, Playground, Tennis Court(s), Other
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Sawgrass Lakes
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Location Tax and Legal Elementary School: Meadowlane
  • Location Tax and Legal Middle School2: Central
  • Location Tax and Legal High School: Melbourne
  • General Property Information Living Area2: 3020.0
  • General Property Information New Construction YN: No
  • General Property Information Waterfront YN: No
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: North
  • Appliances Microwave: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Road Surface Type Asphalt: Yes
  • Roof:Shingle: Yes
  • Security Features Security Gate: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Flooring Carpet: Yes
  • Levels Two: Yes
  • Water Source Well: Yes
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • Pets Allowed Call: Yes
  • Room Types Laundry: Yes
  • General Property Information Lot Size Dimensions: 50x125
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Bar, Kitchen Island, Open Floorplan, Primary Bathroom - Tub with Shower, Primary Bathroom -Tub with Separate Shower, Split Bedrooms, Walk-In Closet(s)
  • Flooring: Carpet, Tile
  • Appliances: Dishwasher, Disposal, Electric Range, Electric Water Heater, Microwave
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Total Bedrooms: 11
  • ResoLivingAreaSource: Other
  • General Property Information Bathrooms Half: 1
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Open Floorplan: Yes
  • Pool Features:Community: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Walk-In Closet(s): Yes

Exterior Features

  • Exterior Features: Storm Shutters
  • Pool Features: Community
  • Roof: Shingle
  • Waterfront: No
  • Construction Type: Block, Concrete, Frame, Stucco, Wood Siding
  • Direction Faces: North
  • Patio And Porch Features: Patio, Porch
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Exterior Features:Storm Shutters: Yes
  • Construction Materials:Frame: Yes
  • Construction Materials:Wood Siding: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Lot Features:Sprinklers In Rear: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Other
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Attached: Yes
  • Parking Features:Other26: Yes

Utilities

  • Cooling: Central Air
  • Utilities: Cable Available, Electricity Connected, Water Available
  • Heating: Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 91.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 91.0
  • General Property Information:Association Fee Frequency: Monthly
  • Association Amenities:Clubhouse: Yes
  • Association Amenities:Fitness Center: Yes
  • Association Amenities:Tennis Court(s)2: Yes
  • Association Amenities:Park: Yes
  • Association Amenities:Playground: Yes

Schools

  • Middle Or Junior School: Central

Lot Info

  • Lot Dimensions: 50x125
  • Additional Parcels Description: 8026445

Rental Info

  • Furnished: Unfurnished

MLS Schools

  • Elementary School: Meadowlane
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2017
Closed on
May 31, 2017
Sold by
D R Horton Inc
Bought by
Ramachandran Vishwanath
Seller's Agent
Kathleen Shippey
D.R.Horton Realty Inc.
Buyer's Agent
Jill Berry
RE/MAX Elite
List Price
$312,339
Sold Price
$315,000
Premium/Discount to List
$2,661
0.85%
Current Estimated Value
$538,898

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,898
Avg. Annual Appreciation
6.63%
Original Mortgage
$250,000
Outstanding Balance
$207,663
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$331,236
Source: Public Records

Range of Values:

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Average Value
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List Price
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
Ramachandran Vishwanath $315,000 Dhi Title Of Florida Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramachandran Vishwanath $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2017 05/31/17 Sold $315,000 -4.4% $104 / Sq Ft
04/23/2017 04/23/17 Pending -- -- --
02/15/2017 02/15/17 Price Changed $329,339 +3.8% $109 / Sq Ft
02/02/2017 02/02/17 Price Changed $317,339 +1.6% $105 / Sq Ft
01/11/2017 01/11/17 For Sale $312,339 -- $103 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Tax History Compared to Growth

Source: Public Records

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 $4,202 $328,610 -- --
2024 $4,148 $319,350 -- --
2023 $4,148 $310,050 $0 $0
2022 $3,881 $301,020 $0 $0
2021 $4,086 $292,260 $0 $0
2020 $4,026 $288,230 $55,000 $233,230
2019 $4,114 $286,410 $55,000 $231,410
2018 $4,790 $284,730 $50,000 $234,730
2017 $709 $45,000 $45,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 772876

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-36-14-76-00000.0-0286.00