NOT LISTED FOR SALE

1480 Wekiva Dr Melbourne, FL 32940

Suntree Neighborhood

Estimated Value: $537,000 - $599,000

5 Beds
3 Baths
2,766 Sq Ft
$201/Sq Ft Est. Value

Last Sold December 19, 2019

Last sale price $330,000 $119 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $3,294/month

67 Days on Market

Highlights

  • Lake View
  • Open Floorplan
  • Bonus Room
  • Quest Elementary School Rated A-
  • Clubhouse
  • Screened Porch

About This Home

As of December 2019

TOTALLY REMODELED 5 BEDROOM 3 BATH WITH A BONUS ROOM SCREENED IN PATIO ON A CONVERSATION LOT. NEW ROOF, NEW PAINT INSIDE, NEW KITCHEN WITH QUARTZ. STAINLESS STEEL APPLIANCES, NEW FLOORS AND MAY MORE. READY TO MOVE IN CALL FOR DETAILS..

Last Agent to Sell the Property

Jason Nagassar

Castle Realty Prof. Group LLC License #3027245 Listed on: 09/25/2019

Last Buyer's Agent

Lindsey Schuetz

Hoven Real Estate License #3316539

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,223

Year Built

  • Built in 2003

Lot Details

  • 6,970 Sq Ft Lot
  • West Facing Home

HOA Fees

  • $43 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Property Views

  • Lake
  • Pond

Home Design

  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,766 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Living Room
  • Dining Room
  • Bonus Room
  • Screened Porch

Kitchen

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

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

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

Outdoor Features

  • 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

  • Assessor Parcel Number 26-36-02-78-00000.0-0163.00

Community Details

Overview

  • Magnolia Springs Phase 3 Subdivision
  • Maintained Community

Amenities

  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Racquetball

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,223

Year Built

Built in 2003

Lot Details

0

HOA Fees

$43 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2003
  • Reso Property Sub Type: Single Family Residence
  • Reso View: Lake, Pond, Water
  • Reso Association Amenities: Barbecue, Basketball Court, Clubhouse, Maintenance Grounds, Racquetball, Tennis Court(s)
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Magnolia Springs Phase 3
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 26-36-02-78-00000.0-0163.00
  • Location Tax and Legal Elementary School: Quest
  • Location Tax and Legal Middle School2: Kennedy
  • Location Tax and Legal High School: Viera
  • Location Tax and Legal Tax Annual Amount: 4223.32
  • Location Tax and Legal Tax Year2: 2018
  • General Property Information Living Area2: 2766.0
  • General Property Information Building Area Total3: 3270.0
  • General Property Information Lot Size Acres: 0.16
  • General Property Information Lot Size Square Feet2: 6970.0
  • 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: West
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Flooring Laminate: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • General Property Information Community Fee(s) YN: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • ViewPond: Yes
  • Flooring Carpet: Yes
  • Levels Two: Yes
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • View Water3: Yes
  • Room Types Dining Room: Yes
  • Room Types Living Room: Yes
  • Association Amenities Racquetball: Yes
  • Room Types Bonus Room: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Kitchen Island, Open Floorplan, Primary Bathroom - Tub with Shower, Primary Bathroom -Tub with Separate Shower, Split Bedrooms, Walk-In Closet(s)
  • Flooring: Carpet, Laminate, Tile
  • Appliances: Dishwasher, Disposal, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Walk-In Closet(s): Yes

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Acres: 0.16
  • Waterfront: No
  • Construction Type: Stucco
  • Direction Faces: West
  • Patio And Porch Features: Patio, Porch, Screened
  • Construction Materials:Stucco: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • View:Lake: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage Door Opener
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 130.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 130.0
  • General Property Information:Association Fee Frequency: Quarterly
  • Association Amenities:Clubhouse: Yes
  • Association Amenities:Basketball Court: Yes
  • Association Amenities:Tennis Court(s)2: Yes
  • Association Amenities:Barbecue: Yes

Schools

  • Middle Or Junior School: Kennedy

Lot Info

  • Lot Size Sq Ft: 6970.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2623994
  • Parcel #: 26-36-02-78-00000.0-0163.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 4223.32

MLS Schools

  • Elementary School: Quest
  • High School: Viera

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2019
Closed on
Dec 17, 2019
Sold by
Roopnarine Mansheenarine and Roopnarine Shreematie
Bought by
Rourke Carl and Rourke Kimberly
Seller's Agent
Jason Nagassar
Castle Realty Prof. Group LLC
Buyer's Agent
Lindsey Schuetz
Hoven Real Estate
List Price
$364,900
Sold Price
$330,000
Premium/Discount to List
-$34,900
-9.56%
Current Estimated Value
$556,322

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$226,322
Avg. Annual Appreciation
9.30%
Original Mortgage
$320,336
Outstanding Balance
$285,231
Interest Rate
4.12%
Mortgage Type
FHA
Estimated Equity
$271,091

Purchase Details

Closed on
Jan 31, 2005
Sold by
Wu Chi Mao and Wu Yan Lan
Bought by
Roopnarine Mansheenarine and Roopnarine Shreematie

Purchase Details

Closed on
Jan 28, 2003
Sold by
Mercedes Homes Inc
Bought by
Wu Chi Mao and Wu Yan Lan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,000
Interest Rate
5.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 25, 2002
Sold by
Suntree Com Dev Inc
Bought by
Mercedes Homes Inc
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
Rourke Carl $330,000 Prestige Ttl Of Brevard Llc
Roopnarine Mansheenarine $325,000 Security First Title Partner
Wu Chi Mao $180,200 --
Mercedes Homes Inc $24,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rourke Carl $320,336
Previous Owner Wu Chi Mao $139,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/19/2019 12/19/19 Sold $330,000 -5.7% $119 / Sq Ft
11/23/2019 11/23/19 Pending -- -- --
10/18/2019 10/18/19 Price Changed $349,900 -4.1% $127 / Sq Ft
09/17/2019 09/17/19 For Sale $364,900 -- $132 / 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 $4,063 $319,290 -- --
2024 $3,996 $310,300 -- --
2023 $3,996 $301,270 $0 $0
2022 $3,726 $292,500 $0 $0
2021 $3,875 $283,990 $0 $0
2020 $3,801 $280,070 $47,000 $233,070
2019 $4,043 $255,840 $47,000 $208,840
2018 $4,223 $262,120 $37,000 $225,120
2017 $4,090 $248,600 $34,000 $214,600
2016 $3,950 $230,210 $30,000 $200,210
2015 $3,814 $197,350 $36,000 $161,350
2014 $3,612 $179,410 $36,000 $143,410
Source: Public Records

Agents Affiliated with this Home

  • Jason Nagassar

    Seller's Agent in 2019

    Jason Nagassar

    Castle Realty Prof. Group LLC

    (407) 810-5279

    1 in this area

    49 Total Sales

    Jason Nagassar
    Section Image
  • Lindsey Schuetz

    Buyer's Agent in 2019

    Lindsey Schuetz

    Hoven Real Estate

    (321) 501-5101

    2 in this area

    56 Total Sales

    Lindsey Schuetz
    Section Image

  • L

    Buyer's Agent in 2019

    Lindsey Lakins

    RE/MAX

  • L

    Buyer's Agent in 2019

    Lindsey Schuetz PA

    Hoven Real Estate

See All Agents

Map

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

MLS Number: 856411

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 26-36-02-78-00000.0-0163.00

Florida Brevard County Melbourne 32940 Suntree

1480 Wekiva Dr, 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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