NOT LISTED FOR SALE

1500 Studley Dr NW Palm Bay, FL 32907

Estimated Value: $331,000 - $424,000

3 Beds
2 Baths
1,382 Sq Ft
$284/Sq Ft Est. Value

Last Sold May 26, 2021

Last sale price $350,000 $253 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,392/month

2 Days on Market

Highlights

  • Above Ground Pool
  • RV Access or Parking
  • Deck
  • Melbourne Senior High School Rated A-
  • Open Floorplan
  • Vaulted Ceiling

About This Home

As of May 2021

FOR COMP PURPOSES ONLY. Experience the peaceful lifestyle of country living. This home is on a beautiful, private 1.76 acre setting at the end of a paved, private road in highly desirable area off Hield Road. The home features all new thermopane windows(2020), new plumbing(2015), granite kitchen countertops, expansive lanai with summer kitchen, and newly painted exterior and interior(2021). Outside boasts a fenced pasture for horses, 16x40 workshop with 50AMP RV hook up, and artesian well feed pond. Transferable window warranty and transferable home warranty. You would not know that plenty of shopping, restaurants, and I-95 are all within a short drive.

Last Agent to Sell the Property

Private Sale

Space Coast Assoc of REALTORS License #Private Listed on: 05/26/2021

Last Buyer's Agent

Debra Kratzer

AHR Real Estate License #3382226

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,951

Year Built

  • Built in 1992

Lot Details

  • 1.76 Acre Lot
  • Street terminates at a dead end
  • West Facing Home
  • Chain Link Fence

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Additional Parking
  • RV Access or Parking

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Asphalt
  • Stucco

Interior Spaces

  • 1,382 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Great Room
  • Screened Porch
  • Hurricane or Storm Shutters

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Above Ground Pool
  • Pool Cover

Outdoor Features

  • Deck
  • Patio
  • Outdoor Kitchen
  • Separate Outdoor Workshop

Schools

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

Utilities

  • Central Heating and Cooling System
  • Well
  • Electric Water Heater
  • Water Softener is Owned
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Melbourne Poultry Colony Add No 1 Association
  • Melbourne Poultry Colony Add No 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 28-36-22-Fa-00008.0-0005.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,951

Year Built

Built in 1992

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1992
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Dead End Street
  • Road Surface Type: Asphalt
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Melbourne Poultry Colony Add No 1
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Reso Other Structures: Workshop
  • Location Tax and Legal Parcel Number2: 28-36-22-Fa-00008.0-0005.00
  • Location Tax and Legal Elementary School: Meadowlane
  • Location Tax and Legal Middle School2: Central
  • Location Tax and Legal High School: Melbourne
  • Location Tax and Legal Tax Annual Amount: 1950.94
  • Location Tax and Legal Tax Year2: 2020
  • General Property Information Living Area2: 1382.0
  • General Property Information Building Area Total3: 1782.0
  • General Property Information Lot Size Acres: 1.76
  • General Property Information Lot Size Square Feet2: 76666.0
  • 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
  • Fencing Fenced2: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Levels One: Yes
  • Pets Allowed Yes: Yes
  • Pool Features Private: Yes
  • Lot Features Dead End Street: Yes
  • Road Surface Type Asphalt: Yes
  • Roof:Shingle: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Flooring Carpet: Yes
  • Water Source Well: Yes
  • Fencing Chain Link: Yes
  • General Property Information Carport YN2: No
  • Room Types Great Room: Yes
  • Interior Features Breakfast Nook: Yes
  • Other Structures Workshop: Yes
  • Room Types Laundry: Yes
  • Pool Features Pool Cover: Yes
  • Pool Features Above Ground: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Bar, Breakfast Nook, Ceiling Fan(s), Open Floorplan, Pantry, Primary Bathroom - Tub with Shower, Primary Downstairs, Skylight(s), Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
  • Flooring: Carpet, Tile
  • Appliances: Dishwasher, Dryer, Electric Range, Electric Water Heater, Ice Maker, Microwave, Refrigerator, Washer, Water Softener Owned
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Interior Features:Primary Downstairs: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Open Floorplan: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Skylight(s): Yes
  • Appliances:Water Softener-Owned: Yes

Exterior Features

  • Exterior Features: Outdoor Kitchen, Storm Shutters
  • Pool Features: Above Ground, Pool Cover, Private, Other
  • Roof: Shingle
  • Fencing: Chain Link, Fenced
  • Acres: 1.76
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: West
  • Patio And Porch Features: Deck, Patio, Porch, Screened
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Exterior Features:Storm Shutters: Yes
  • Exterior Features Outdoor Kitchen2: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Additional Parking, Attached, Garage Door Opener, RV Access/Parking
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Additional Parking: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:RV AccessParking: Yes

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association Name: MELBOURNE POULTRY COLONY ADD NO 1
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No
  • General Property Information:Association Name: MELBOURNE POULTRY COLONY ADD NO 1

Schools

  • Middle Or Junior School: Central

Lot Info

  • Lot Size Sq Ft: 76666.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 28-36-22-Fa-00008.0-0005.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 1950.94

MLS Schools

  • Elementary School: Meadowlane
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2021
Closed on
May 26, 2021
Sold by
Griffin Darryl E and Kaufmann Griffin Kimberly
Bought by
Franzen Zane P and Franzen Caitlyn R
Seller's Agent
Private Sale
Space Coast Assoc of REALTORS
Buyer's Agent
Debra Kratzer
AHR Real Estate
List Price
$375,000
Sold Price
$350,000
Premium/Discount to List
-$25,000
-6.67%
Current Estimated Value
$392,145

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,145
Avg. Annual Appreciation
2.60%
Original Mortgage
$332,500
Outstanding Balance
$301,037
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$91,108

Purchase Details

Closed on
Mar 18, 2005
Sold by
Whittaker Gary and Whittaker Darcie
Bought by
Griffin Darryl E and Kaufmann Griffin Kimberly S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
5.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 23, 2002
Sold by
Whittaker Barbara M
Bought by
Whittaker Gary W

Purchase Details

Closed on
May 2, 2000
Sold by
Whittaker Joyce M
Bought by
Whittaker Gary

Purchase Details

Closed on
Jun 17, 1998
Sold by
Draucek Joseph D
Bought by
Rogers Lorie J

Purchase Details

Closed on
Apr 7, 1997
Sold by
Mercedes Homes Inc
Bought by
Ahmad Irene

Purchase Details

Closed on
Jan 30, 1996
Sold by
Ahmad Irene and Bartus Irene
Bought by
Avco Finl Svc Fl 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
Franzen Zane P $350,000 Peninsula Title Services Llc
Griffin Darryl E $309,000 Alday Donalson Title Agencie
Whittaker Gary W -- --
Whittaker Gary $116,900 --
Rogers Lorie J $27,000 --
Ahmad Irene -- --
Avco Finl Svc Fl Inc $21,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Franzen Zane P $332,500
Previous Owner Griffin Darryl E $215,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/26/2021 05/26/21 Sold $350,000 -6.7% $253 / Sq Ft
03/21/2021 03/21/21 For Sale $375,000 -- $271 / 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 $4,076 $265,860 -- --
2024 $3,990 $258,370 -- --
2023 $3,990 $250,850 $0 $0
2022 $3,862 $243,550 $0 $0
2021 $1,993 $137,400 $0 $0
2020 $1,951 $135,510 $0 $0
2019 $2,104 $132,470 $0 $0
2018 $2,053 $130,000 $0 $0
2017 $2,066 $127,330 $0 $0
2016 $1,889 $124,720 $55,000 $69,720
2015 $1,923 $123,860 $55,000 $68,860
2014 $1,926 $122,880 $49,500 $73,380
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 906079

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-36-22-FA-00008.0-0005.00