NOT LISTED FOR SALE

131 Quad Dr Melrose, FL 32666

Estimated Value: $780,000 - $876,000

3 Beds
3 Baths
3,229 Sq Ft
$253/Sq Ft Est. Value

Last Sold May 03, 2024

Last sale price $1,050,000 $325 Per Sq Ft

Est. 22% decrease in value since last sale

Current estimated payment $5,362/month

21 Days on Market

Highlights

  • 399 Feet of Waterfront
  • Midcentury Modern Architecture
  • No HOA
  • 6.5 Acre Lot
  • Deck
  • Double Oven

About This Home

As of May 2024

Your luxury lake paradise awaits. This 6.5-acre homestead is comprised of two lots with approx 400' of frontage on the spring-fed, private Lake Swan. The home was expanded from 2008-2010, with luxury and continuous lake views at the forefront of the $775k+ reconstruction. Overlooking the main home is a 616sqft 1/1 cabin with a loft, which was completed in 2013. Interior cabin pictures will be added last week of April. The grounds have been meticulously maintained and host an art installation among the lush St. Augustine grass and native Florida fauna. With over 1700sqft of Trex decking and a beachside gazebo, there is plenty of space to take in the breathtaking sunrises over the lake. Highest and best use of the property includes wedding/corporate/event venue, as well as the current zoning which allows for another residence to be constructed on the northernmost parcel. The entire property is irrigated and every door and window on the main home have power hurricane shutters.

Last Agent to Sell the Property

Steven Milligan

CW REALTY License #3400477 Listed on: 04/05/2024

Last Buyer's Agent

NON MLS

NON MLS (realMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,069

Year Built

  • Built in 1975 | Remodeled

Lot Details

  • 6.5 Acre Lot
  • 399 Feet of Waterfront
  • East Facing Home
  • Back Yard Fenced

Parking

  • 2 Car Garage
  • 1 Attached Carport Space

Home Design

  • Midcentury Modern Architecture
  • Metal Roof

Interior Spaces

  • 3,229 Sq Ft Home
  • 1-Story Property
  • Furnished or left unfurnished upon request
  • Built-In Features
  • Ceiling Fan
  • Wood Burning Fireplace
  • Living Room

Kitchen

  • Breakfast Bar
  • Butlers Pantry
  • Double Oven
  • Electric Oven
  • Electric Cooktop
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer
  • Sink Near Laundry

Home Security

  • Security System Owned
  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Schools

  • Melrose Elementary School

Utilities

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

Additional Features

  • Deck
  • Accessory Dwelling Unit (ADU)

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 080923000002100000

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,069

Year Built

Built in 1975 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Attached Yn: No
  • New Construction: No
  • Stories: 1
  • Year Built: 1975
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 6.5
  • Subdivision Name: Metes & Bounds
  • Architectural Style: Mid-Century Modern
  • Carport Y N: Yes
  • Garage Yn: Yes
  • General Property Information Living Area2: 3229.0
  • General Property Information Waterfront YN: Yes
  • General Property Information New Construction YN: No
  • General Property Information Carport Spaces2: 1.0
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • General Property Information Accessibility Features YN2: No
  • General Property Information Furnished: Negotiable
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Water Source Well: Yes
  • Security Features Security System Owned: Yes
  • Security Features Smoke Detector(s): Yes
  • Fencing Back Yard: Yes
  • General Property Information Water Frontage Feet: 399
  • General Property Information Senior Community YN: No
  • General Property Information Lot Size Acres: 6.5
  • Architectural Style Mid Century Modern: Yes
  • Interior Features Butler Pantry: Yes
  • General Property Information Carport YN: Yes
  • Utilities Electricity Connected: Yes
  • General Property Information Direction Faces: East
  • Room Types Living Room: Yes
  • General Property Information Accessory Dwelling Unit YN: Yes
  • Property Condition UpdatedRemodeled: Yes
  • Laundry Features Sink: Yes
  • Fencing Fenced: Yes
  • General Property Information:Pool Private YN: No
  • Special Features: None

Interior Features

  • Interior Amenities: Breakfast Bar, Built-in Features, Butler Pantry, Ceiling Fan(s), Kitchen Island
  • Major Appliances: Dishwasher, Disposal, Double Oven, Dryer, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Refrigerator, Washer
  • Furnished: Negotiable
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 3229.0
  • ResoLivingAreaSource: Appraiser
  • Appliances:Electric Water Heater: Yes
  • Appliances Dishwasher: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Appliances:Electric Range: Yes
  • Fireplace Features:Wood Burning: Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Built-in Features: Yes
  • Appliances:Electric Cooktop: Yes
  • Appliances:Electric Oven: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Appliances:Double Oven: Yes

Exterior Features

  • Waterfront: Yes
  • Exterior: Storm Shutters, Other
  • Fencing: Back Yard, Full, Wood, Other
  • Roof: Metal
  • Pool Features: None
  • View: Water
  • Waterfront Features: Lake Front
  • Direction Faces: East
  • Other Structures: Gazebo, Guest House, Shed(s)
  • Patio And Porch Features: Deck
  • Property Condition: Updated/Remodeled
  • Exterior Features:Fencing - Full: Yes
  • Patio And Porch Features:Deck: Yes
  • Waterfront Features:Lake Front: Yes
  • Exterior Features:Storm Shutters: Yes
  • Exterior Features:Other29: Yes

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1.0
  • Garage Spaces: 2.0
  • Parking Features: Attached Carport, Garage
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Garage: Yes
  • General Property Information:Garage YN: Yes
  • Parking Features:Attached Carport: Yes

Utilities

  • Utilities: Electricity Connected
  • Laundry Features: Sink
  • Security: Security System Owned, Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well
  • Heating:Central: Yes
  • Heating:Electric3: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Melrose

Lot Info

  • Current Use: Single Family
  • Lot Size Sq Ft: 283140.0
  • Parcel #: 080923000002100000
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2024
Closed on
May 3, 2024
Sold by
Zak Martin Anthony
Bought by
Brandon Kummer Revocable Living Trust and Kummer
Seller's Agent
Steven Milligan
CW REALTY
Buyer's Agent
NON MLS
NON MLS (realMLS)
List Price
$995,000
Sold Price
$1,050,000
Premium/Discount to List
$55,000
5.53%
Views
25
Current Estimated Value
$817,530

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$232,470
Avg. Annual Appreciation
-16.70%

Purchase Details

Closed on
Feb 14, 2024
Sold by
Zak Martin A
Bought by
Boothby David and Zak Martin A

Purchase Details

Closed on
Aug 8, 2008
Sold by
Debusk William Franklin
Bought by
Costello John and Vidal John H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 15, 2004
Sold by
Debusk Franklin Lafayette and Debusk Elizabeth Ann
Bought by
Debusk William Franklin
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
Brandon Kummer Revocable Living Trust $1,050,000 Lake Area Title
Brandon Kummer Revocable Living Trust $1,050,000 Lake Area Title
Boothby David $100 None Listed On Document
Costello John $263,200 Attorney
Debusk William Franklin -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Livin Brandon Kummer Revocable $840,000
Previous Owner Vidal John H $200,000
Previous Owner Costello John $168,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2024 05/03/24 Sold $1,050,000 +5.5% $325 / Sq Ft
04/05/2024 04/05/24 Pending -- -- --
04/05/2024 04/05/24 For Sale $995,000 0.0% $308 / Sq Ft
03/25/2024 03/25/24 Pending -- -- --
03/15/2024 03/15/24 For Sale $995,000 -- $308 / Sq Ft
Source: realMLS (Northeast Florida Multiple Listing Service)

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
2024 $12,069 $726,430 $116,660 $609,770
2023 $4,471 $298,300 $0 $0
2022 $4,246 $289,620 $0 $0
2021 $4,214 $281,190 $0 $0
2020 $4,227 $277,310 $0 $0
2019 $4,191 $271,080 $231,130 $39,950
2018 $4,180 $266,030 $238,310 $27,720
2017 $4,200 $260,560 $232,840 $27,720
2016 $4,041 $255,210 $0 $0
2015 $3,466 $220,085 $0 $0
2014 $3,464 $218,338 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: realMLS (Northeast Florida Multiple Listing Service)

MLS Number: 2014313

realMLS (Northeast Florida Multiple Listing Service)

APN: 08-09-23-0000-0210-0000