NOT LISTED FOR SALE

1320 Democracy Ave Melbourne, FL 32940

Estimated Value: $311,000 - $348,000

2 Beds
2 Baths
1,616 Sq Ft
$202/Sq Ft Est. Value

Sale Details

Date Sold: May 29, 2015

Last sale price $123,000 $76 Per Sq Ft

Est. 165% increase in value since last sale

Current estimated payment $1,815 / mo

77 Days on Market

Highlights

  • Lake Front
  • Fitness Center
  • Heated In Ground Pool
  • On Golf Course
  • Gated with Attendant
  • Home fronts a pond

About This Home

As of May 2015

ENJOY YOUR VIEW OF THE GOLF COURSE AND LAKE FROM YOUR PRIVATE SCREENED IN PORCH. THIS LUXURIOUS BANGOR MODEL OFFERS 2 BEDROOMS 2 BATHROOMS, FLORIDA ROOM, GREAT ROOM PLUS A FRONT DINING AREA AND AN EAT IN KITCHEN, LAUNDRY ROOM WITH A UTILITY CLOSET & LAUNDRY TUB, NEW CARPET AND PAINT THROUGHOUT, PLENTY OF STORAGE CABINETS AND SHELVING IN YOUR 2 CAR GARAGE PLUS SIDE GOLF CART GARAGE. ENJOY THE MANY AMENITIES WHICH INCLUDE: 18-HOLE GOLF COURSE, SHUFFLE BOARD, BOCCE BALL, CROQUET, TENNIS, FITNESS CENTER, HEATED IN GROUND POOL, FULL DINING FACILITIES WITH EXECUTIVE CHEF, PET FRIENDLY, 24 HOUR GATED COMMUNITY THAT HAS YOU FEELING LIKE YOU ARE ALWAYS ON VACATION WITH AN INCREDIBLE HOME MAINTENANCE PROGRAM. FANNIE MAE PROPERTY

Last Agent to Sell the Property

Nancy Bartlett

Four Star Real Estate LLC License #3112198 Listed on: 02/17/2015

Co-Listed By

Lisa Marie Signorelli

Four Star Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,744

Year Built

  • Built in 1988

Lot Details

  • 9,583 Sq Ft Lot
  • Home fronts a pond
  • Lake Front
  • On Golf Course
  • Cul-De-Sac
  • East Facing Home

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Property Views

  • Lake
  • Pond
  • Golf Course

Home Design

  • Frame Construction
  • Shingle Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,616 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Screened Porch
  • Security Gate

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer
  • Sink Near Laundry

Outdoor Features

  • Heated In Ground Pool
  • Patio

Schools

  • Quest Elementary School
  • Kennedy Middle School
  • Viera High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 26-36-03-01-0000b.0-0108.00

Community Details

Overview

  • Active Adult
  • No Home Owners Association
  • Association fees include pest control, security
  • Indian River Colony Club Pud Phase 1 Unit 2 Subdivision
  • On-Site Maintenance
  • Maintained Community

Recreation

  • Golf Course Community
  • Tennis Courts
  • Shuffleboard Court
  • Fitness Center
  • Community Pool

Additional Features

  • Clubhouse
  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,744

Year Built

Built in 1988

Lot Details

9,583 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1988
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Sink, Washer Hookup
  • ResoLotFeatures: Cul-De-Sac, On Golf Course
  • Reso View: Golf Course, Lake, Pond
  • ResoSecurityFeatures: Gated with Guard, Security Gate
  • Reso Association Amenities: Clubhouse, Fitness Center, Golf Course, Maintenance Grounds, Maintenance Structure, Shuffleboard Court, Tennis Court(s), Management - On Site, Pool
  • Reso Association Fee Includes: Pest Control, Security
  • Co List Office Mls Id: 0303440
  • Co List Office Phone: 321-610-3935
  • ResoSpecialListingConditions: Real Estate Owned
  • Subdivision Name: Indian River Colony Club PUD Phase 1 Unit 2
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • General Property Information Other Fee(s) Amount: 823.08
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen, Open Floorplan, Primary Downstairs, Vaulted Ceiling(s), Walk-In Closet(s), Primary Bathroom - Tub with Shower, Split Bedrooms
  • Flooring: Carpet, Vinyl
  • Appliances: Dryer, Disposal, Dishwasher, Electric Range, Electric Water Heater, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • Pool Features: Electric Heat, In Ground
  • Roof: Other, Shingle
  • Acres: 0.22
  • Pool Private: No
  • Waterfront Features: Lake Front, Pond
  • Waterfront: Yes
  • Construction Type: Frame, Stucco, Wood Siding
  • Direction Faces: East
  • Patio And Porch Features: Patio, Porch, Screened

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage Door Opener

Utilities

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

Condo/Co-op/Association

  • Senior Community: Yes
  • Association Fee Frequency: One Time
  • Association: No

Schools

  • Middle Or Junior School: Kennedy

Lot Info

  • Lot Dimensions: 85.0 ft x 115.0 ft
  • Lot Size Sq Ft: 9583.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 26-36-03-01-0000b.0-0108.00

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 1744.28

MLS Schools

  • Elementary School: Quest
  • High School: Viera

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 3, 2025
Sold by
Bought by
Current Estimated Value
$325,927

Purchase Details

Closed on
Jul 19, 2021
Sold by
Bought by

Purchase Details

Closed on
Feb 8, 2018
Sold by
Bought by

Purchase Details

Closed on
May 4, 2016
Sold by
Bought by

Purchase Details

Listed on
Feb 17, 2015
Closed on
May 27, 2015
Sold by
Bought by
Seller's Agent
Nancy Bartlett
Four Star Real Estate LLC
Buyer's Agent
Nancy Bartlett
Four Star Real Estate
List Price
$134,900
Sold Price
$123,000
Premium/Discount to List
-$11,900
-8.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.20%

Purchase Details

Closed on
Apr 16, 2013
Sold by
Bought by

Purchase Details

Closed on
Aug 10, 2006
Sold by
Bought by

Purchase Details

Closed on
Jul 31, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,750
Interest Rate
7.09%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$100 None Listed On Document
$100 None Listed On Document
$100 None Listed On Document
$100 None Listed On Document
-- Accommodation
-- Attorney
-- Attorney
$123,000 Heritage Title Insurance Age
-- None Available
-- Attorney
$122,900 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $116,750
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/29/2015 05/29/15 Sold $123,000 -8.8% $76 / Sq Ft
04/30/2015 04/30/15 Pending -- -- --
02/12/2015 02/12/15 For Sale $134,900 -- $83 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $654 $159,720 -- --
2024 $634 $155,220 -- --
2023 $634 $150,700 -- --
2022 $614 $146,320 $0 $0
2021 $593 $142,060 $0 $0
2020 $467 $121,690 $0 $0
2019 $409 $118,960 $23,000 $95,960
2018 $1,513 $122,900 $23,000 $99,900
2017 $1,631 $128,480 $23,000 $105,480
2016 $1,616 $123,910 $23,000 $100,910
2015 $2,000 $91,410 $23,000 $68,410
2014 $1,744 $83,100 $18,000 $65,100
Source: Public Records

Agents Affiliated with this Home

  • Nancy Bartlett

    Seller's Agent in 2015

    Nancy Bartlett

    Four Star Real Estate LLC

    (321) 917-6406

    118 Total Sales

    Nancy Bartlett
    Section Image

  • L

    Seller Co-Listing Agent in 2015

    Lisa Marie Signorelli

    Four Star Real Estate

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Map

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

MLS Number: 718014

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 26-36-03-01-0000B.0-0108.00

Florida Brevard County Melbourne 32940

1320 Democracy Ave, Melbourne, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Space Coast MLS (Space Coast Association of REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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