NOT LISTED FOR SALE

1505 Sumter Ln Melbourne, FL 32904

Estimated Value: $487,000 - $515,000

4 Beds
2 Baths
2,530 Sq Ft
$195/Sq Ft Est. Value

Last Sold July 17, 2019

Last sale price $305,000 $121 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $2,973/month

49 Days on Market

Highlights

  • Open Floorplan
  • Screened Porch
  • Breakfast Area or Nook
  • Melbourne Senior High School Rated A-
  • Community Basketball Court
  • 3 Car Attached Garage

About This Home

As of July 2019

Reduced Price - and now a great price for over 2500 sq. ft! This home has high ceilings and lots of space. HUGE 3 car garage - seriously! -bring your pickup trucks! Split floor plan with 4 bedrooms, 2 baths located in beautiful Oak Grove community. You'll love the huge kitchen with BRAND NEW stainless steel appliances, tons of upgraded 42'' cabinets and kitchen island workspace. Master suite has double sinks, separate his and hers walk-in closets and separate tub and shower. Outside you'll enjoy the expansive screened porch and partially fenced yard. Great neighborhood with park and playground.

Last Agent to Sell the Property

Kristie Escalera

RE/MAX Aerospace Realty Listed on: 04/29/2019

Last Buyer's Agent

Nathan Siverd

RE/MAX Aerospace Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,225

Year Built

  • Built in 2004

Lot Details

  • 8,276 Sq Ft Lot
  • North Facing Home
  • Vinyl Fence
  • Wood Fence

HOA Fees

  • $23 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,530 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Family Room
  • Living Room
  • Dining Room
  • Screened Porch
  • Security System Owned

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Sink Near Laundry
  • Washer and Gas Dryer Hookup

Schools

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

Additional Features

  • Patio
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 28-37-17-28-00000.0-0228.00

Community Details

Overview

  • Advanced Property Management X3 Association, Phone Number (321) 636-4889
  • Oak Grove At W Melbourne Phase 3 Subdivision
  • Maintained Community

Recreation

  • Community Basketball Court
  • Community Playground
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,225

Year Built

Built in 2004

Lot Details

0

HOA Fees

$23 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 2004
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Sink, Washer Hookup
  • ResoSecurityFeatures: Security System Owned
  • Reso Association Amenities: Basketball Court, Maintenance Grounds, Management - Off Site, Park, Playground
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Oak Grove at W Melbourne Phase 3
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 28-37-17-28-00000.0-0228.00
  • 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: 4224.6
  • Location Tax and Legal Tax Year2: 2018
  • General Property Information Living Area2: 2530.0
  • General Property Information Building Area Total3: 3148.0
  • General Property Information Lot Size Acres: 0.19
  • General Property Information Lot Size Square Feet2: 8276.0
  • 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: North
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Fencing Fenced2: Yes
  • Fencing Wood2: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Levels One: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Flooring Carpet: Yes
  • Laundry Features Sink: Yes
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • Room Types Dining Room: Yes
  • Interior Features Breakfast Nook: Yes
  • Security Features Security System Owned: Yes
  • Room Types Family Room: Yes
  • Room Types Laundry: Yes
  • Room Types Living Room: Yes
  • General Property Information Association Phone: 321-636-4889
  • Fencing Vinyl2: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Bar, Breakfast Nook, Ceiling Fan(s), Kitchen Island, Open Floorplan, Pantry, Primary Bathroom - Tub with Shower, Primary Bathroom -Tub with Separate Shower, Split Bedrooms, Walk-In Closet(s)
  • Flooring: Carpet, Tile
  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Total Bedrooms: 9
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Walk-In Closet(s): Yes

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Fencing: Fenced, Vinyl, Wood
  • Acres: 0.19
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: North
  • Patio And Porch Features: Patio, Porch, Screened
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: Attached, Garage Door Opener
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 3.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Utilities: Cable Available, Electricity Connected, Water Available

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 275.0
  • Association Fee Frequency: Annually
  • Association Name: Advanced Property Management X3
  • Phone: 321-636-4889
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: Advanced Property Management X3
  • General Property Information:Association Fee: 275.0
  • General Property Information:Association Fee Frequency: Annually
  • Association Amenities:Basketball Court: Yes
  • Association Amenities:Park: Yes
  • Association Amenities:Playground: Yes

Schools

  • Middle Or Junior School: Central

Lot Info

  • Lot Size Sq Ft: 8276.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2860724
  • Parcel #: 28-37-17-28-00000.0-0228.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 4224.6

MLS Schools

  • Elementary School: Meadowlane
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2019
Closed on
Jul 12, 2019
Sold by
Quershi Abrar A and Quersji Abrar A
Bought by
Anderson Justin and Kaseman Sarah
Seller's Agent
Kristie Escalera
RE/MAX Aerospace Realty
Buyer's Agent
Nathan Siverd
RE/MAX Aerospace Realty
List Price
$330,000
Sold Price
$305,000
Premium/Discount to List
-$25,000
-7.58%
Current Estimated Value
$494,388

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$189,388
Avg. Annual Appreciation
8.02%
Original Mortgage
$274,500
Outstanding Balance
$240,487
Interest Rate
3.82%
Mortgage Type
New Conventional
Estimated Equity
$253,902

Purchase Details

Closed on
Jun 25, 2004
Sold by
Mercedes Homes Inc
Bought by
Quershi Abrar A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,500
Interest Rate
6.3%
Source: Public Records

Range of Values:

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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
Anderson Justin $305,000 Sunbelt Title Agency
Quershi Abrar A $237,000 B D R Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anderson Justin $274,500
Previous Owner Quershi Abrar A $189,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/17/2019 07/17/19 Sold $305,000 -4.4% $121 / Sq Ft
06/17/2019 06/17/19 Pending -- -- --
05/17/2019 05/17/19 Price Changed $319,000 -3.0% $126 / Sq Ft
04/30/2019 04/30/19 Price Changed $329,000 -0.3% $130 / Sq Ft
04/29/2019 04/29/19 For Sale $330,000 0.0% $130 / Sq Ft
08/31/2016 08/31/16 Rented $1,700 0.0% --
08/24/2016 08/24/16 Under Contract -- -- --
08/16/2016 08/16/16 For Rent $1,700 +6.3% --
09/02/2015 09/02/15 Rented $1,600 0.0% --
08/24/2015 08/24/15 For Rent $1,600 -- --
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 $4,043 $322,240 -- --
2024 $3,992 $313,160 -- --
2023 $3,992 $304,040 $0 $0
2022 $3,732 $295,190 $0 $0
2021 $3,933 $286,600 $65,000 $221,600
2020 $4,209 $265,430 $55,000 $210,430
2019 $4,242 $259,260 $52,000 $207,260
2018 $4,225 $251,500 $52,000 $199,500
2017 $4,007 $237,850 $50,000 $187,850
2016 $3,756 $207,930 $35,500 $172,430
2015 $3,621 $192,160 $35,500 $156,660
2014 $3,359 $174,840 $25,000 $149,840
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 843604

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-37-17-28-00000.0-0228.00