Seller's Agent in 2021
Lynn Steffen
BHHS Florida Realty
(321) 223-5600
6 in this area
75 Total Sales
1503 Payette Ln Melbourne, FL 32904
Estimated Value: $560,664 - $617,000
5
Beds
3
Baths
3,686
Sq Ft
$158/Sq Ft
Est. Value
Highlights
- Lake View
- Loft
- Porch
- Melbourne Senior High School Rated A-
- Fireplace
- 2 Car Attached Garage
About This Home
As of October 2021Well maintained one owner home in great condition located on a premium lot with water and conservation views. Beautiful Oak Grove subdivision is convenient to everything and ''A'' rated Meadowlane school! Home has 5 bedrooms, 3 baths, large eat in kitchen w/ granite counters, 42'' cabinets and crowing molding, spacious living/dining area, family room, sunroom, loft with fireplace, large bonus room, two laundry rooms, one on the first floor and one on the second floor. There is a bedroom and bath on first floor. Backyard is a private paradise with a covered brick paver patio, fully fenced yard and no home behind you. Garage depth was extended by 4 feet and driveway was widened. Pre-wired for pool & spa. Home has gutters & sprinkle system. (Fifth bedroom doesn't have closet)
Last Agent to Sell the Property
BHHS Florida Realty License #572476 Listed on: 08/21/2021
Last Buyer's Agent
Soryda Ring
Keller Williams Realty Brevard
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,891
Year Built
- Built in 2003
Lot Details
- 8,276 Sq Ft Lot
- North Facing Home
- Vinyl Fence
HOA Fees
- $23 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Garage Door Opener
Property Views
- Lake
- Views of Preserve
- Pond
- Woods
Home Design
- Shingle Roof
- Stucco
Interior Spaces
- 3,686 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Fireplace
- Family Room
- Living Room
- Dining Room
- Loft
- Bonus Room
- Security System Owned
Kitchen
- Eat-In Kitchen
- <<microwave>>
- Dishwasher
- Kitchen Island
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Walk-In Closet
- 3 Full Bathrooms
- Separate Shower in Primary Bathroom
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Outdoor Features
- Porch
Schools
- Meadowlane Elementary School
- Central Middle School
- Melbourne High School
Utilities
- Zoned Heating and Cooling System
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 28-37-17-26-00000.0-0081.00
Community Details
Overview
- Advanced Property Management Association
- Oak Grove At W Melbourne Phase 2 Subdivision
- Maintained Community
Recreation
- Community Playground
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 15, 2024
Sold by
Shiminski John and Shiminski Melinda
Bought by
Shiminski Melinda
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Outstanding Balance
$447,319
Interest Rate
6.08%
Mortgage Type
New Conventional
Estimated Equity
$132,307
Purchase Details
Listed on
Aug 21, 2021
Closed on
Oct 29, 2021
Sold by
Hobson Harold G and Hobson Denise J
Bought by
Shiminski John and Shiminski Melinda
Seller's Agent
Lynn Steffen
BHHS Florida Realty
Buyer's Agent
Soryda Ring
Keller Williams Realty Brevard
List Price
$499,000
Sold Price
$482,500
Premium/Discount to List
-$16,500
-3.31%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.05%
Original Mortgage
$482,500
Interest Rate
2.8%
Mortgage Type
VA
Purchase Details
Closed on
Oct 9, 2018
Sold by
Hobson Harold G and Hobson Denise J
Bought by
Hobson Harold G and Hobson Denise J
Purchase Details
Closed on
Dec 23, 2003
Sold by
Mercedes Homes Inc
Bought by
Hobson Harold G and Hobson Denise J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,800
Interest Rate
2.87%
Purchase Details
Closed on
Jul 7, 2003
Sold by
Oak Grove Llc
Bought by
Mercedes Homes Inc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Shiminski Melinda | $100 | Navy Federal Title Services | |
| Shiminski Melinda | $100 | Navy Federal Title Services | |
| Shiminski John | $482,500 | Majesty Title Services | |
| Hobson Harold G | -- | Attorney | |
| Hobson Harold G | $278,600 | B-D-R Title | |
| Mercedes Homes Inc | $49,700 | B-D-R Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Shiminski Melinda | $450,000 | |
| Closed | Shiminski Melinda | $450,000 | |
| Previous Owner | Shiminski John | $482,500 | |
| Previous Owner | Hobson Harold G | $91,200 | |
| Previous Owner | Hobson Harold G | $56,800 | |
| Previous Owner | Hobson Harold G | $222,800 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/29/2021 10/29/21 | Sold | $482,500 | -3.3% | $131 / Sq Ft |
| 09/29/2021 09/29/21 | Pending | -- | -- | -- |
| 08/21/2021 08/21/21 | For Sale | $499,000 | -- | $135 / Sq Ft |
Source: Space Coast MLS (Space Coast Association of REALTORS®)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2023 | $6,605 | $461,050 | $93,500 | $367,550 |
| 2022 | $5,979 | $428,700 | $0 | $0 |
| 2021 | $5,223 | $334,770 | $71,500 | $263,270 |
| 2020 | $2,891 | $209,990 | $0 | $0 |
| 2019 | $2,897 | $205,270 | $0 | $0 |
| 2018 | $2,900 | $201,450 | $0 | $0 |
| 2017 | $2,876 | $197,310 | $0 | $0 |
| 2016 | $2,915 | $193,260 | $39,050 | $154,210 |
| 2015 | $2,993 | $191,920 | $39,050 | $152,870 |
| 2014 | $2,995 | $190,400 | $27,500 | $162,900 |
Source: Public Records
Agents Affiliated with this Home
-
Lynn Steffen
-
S
Buyer's Agent in 2021
Soryda Ring
Keller Williams Realty Brevard
Map
Source: Space Coast MLS (Space Coast Association of REALTORS®)
MLS Number: 913712
APN: 28-37-17-26-00000.0-0081.00
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