NOT LISTED FOR SALE

1508 Pine St Melbourne Beach, FL 32951

Estimated Value: $2,284,000 - $2,654,404

4 Beds
3.5 Baths
5,114 Sq Ft
$493/Sq Ft Est. Value

Last Sold May 22, 2019

Last sale price $1,460,000 $285 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $14,925/month

207 Days on Market

Highlights

  • Property has ocean access
  • Boat Dock
  • Boat Ramp
  • Gemini Elementary School Rated A-
  • Golf Course Community
  • Boat Lift

About This Home

As of May 2019

Come dive into a true oasis of tranquility in the heart of Melbourne Beach. This Diprima custom built home offers it all; from over 5,100 sq ft of living to 154 ft of water frontage. The home has many unique features that are rarely found; including handmade authentic Mexican tile floors, to soaring tongue and groove ceilings. Located only 3 blocks from the ocean and a short walk from the local park and shopping plaza. Call today to see this beauty!

Last Agent to Sell the Property

Brian Greene

Treasure Coast Sotheby's Intl Listed on: 09/04/2018

Last Buyer's Agent

Brian Greene

Treasure Coast Sotheby's Intl Listed on: 09/04/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,141

Year Built

  • Built in 1987

Lot Details

  • 0.48 Acre Lot
  • River Front
  • East Facing Home
  • Wrought Iron Fence
  • Wood Fence

Parking

  • 3 Car Attached Garage

Property Views

  • River
  • Pool

Home Design

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

Interior Spaces

  • 5,114 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Central Vacuum
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Home Office
  • Library
  • Loft
  • Bonus Room
  • Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Dual Closets
  • Walk-In Closet
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer

Home Security

  • Security System Owned
  • Hurricane or Storm Shutters

Pool

  • Heated In Ground Pool
  • Saltwater Pool
  • Waterfall Pool Feature

Outdoor Features

  • Property has ocean access
  • Boat Lift
  • Boat Ramp
  • Balcony
  • Deck
  • Patio
  • Fire Pit
  • Side Porch

Additional Homes

  • Accessory Dwelling Unit (ADU)

Schools

  • Gemini Elementary School
  • Hoover Middle School
  • Melbourne High School

Utilities

  • Zoned Heating and Cooling
  • Whole House Permanent Generator
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 28-38-07-02-00030.0-0004.00

Community Details

Overview

  • No Home Owners Association
  • Wilcox Plat Of Melbourne Beach Resubd Of Blks 11 2 Subdivision

Recreation

  • Boat Dock
  • Community Boat Slip
  • Golf Course Community
  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Fitness Center
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,141

Year Built

Built in 1987

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 1987
  • Reso Property Sub Type: Single Family Residence
  • Road Surface Type: Asphalt
  • Reso View: Pool, River, Water
  • Water Body Name: Indian River
  • ResoSecurityFeatures: Security System Owned
  • Reso Association Amenities: Basketball Court, Boat Dock, Boat Slip, Fitness Center, Golf Course, Park, Playground, Tennis Court(s)
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Wilcox Plat of Melbourne Beach Resubd of Blks 11 2
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Financial Info Electric: Whole House Generator
  • Location Tax and Legal Parcel Number2: 28-38-07-02-00030.0-0004.00
  • Location Tax and Legal Elementary School: Gemini
  • Location Tax and Legal Middle School2: Hoover
  • Location Tax and Legal High School: Melbourne
  • Location Tax and Legal Tax Annual Amount: 14140.78
  • Location Tax and Legal Tax Year2: 2018
  • General Property Information Living Area2: 5114.0
  • General Property Information Building Area Total3: 6084.0
  • General Property Information Lot Size Acres: 0.48
  • General Property Information Lot Size Square Feet2: 20909.0
  • General Property Information New Construction YN: No
  • General Property Information Waterfront YN: Yes
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: East
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Fencing Fenced2: Yes
  • Fencing Wood2: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Appliances Dryer: Yes
  • Pool Features In Ground: Yes
  • Pool Features Private: Yes
  • Road Surface Type Asphalt: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • View Pool: Yes
  • Levels Two: Yes
  • Roof:Tile2: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • View Water3: Yes
  • Room Types Dining Room: Yes
  • Cooling Zoned: Yes
  • Security Features Security System Owned: Yes
  • Room Types Family Room: Yes
  • Room Types Laundry: Yes
  • Room Types Library: Yes
  • Room Types Living Room: Yes
  • Room Types Office: Yes
  • Electric Whole House Generator: Yes
  • Pool Features Electric Heat: Yes
  • Pool Features Waterfall: Yes
  • Fencing Wrought Iron: Yes
  • Pool Features Salt Water: Yes
  • Exterior Features Boat Lift: Yes
  • Room Types Bonus Room: Yes
  • Room Types Loft: Yes
  • Accessory Dwelling Information Dwelling Type: Garage
  • Exterior Features Boat Ramp - Private: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Ceiling Fan(s), Central Vacuum, Eat-in Kitchen, His and Hers Closets, Kitchen Island, Open Floorplan, Pantry, Primary Bathroom - Tub with Shower, Skylight(s), Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s), Other
  • Flooring: Tile
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Freezer, Microwave, Refrigerator
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning, Other
  • ResoLivingAreaSource: PublicRecords
  • General Property Information Bathrooms Half: 1
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Kitchen Island: 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:His and Hers Closets: Yes
  • Fireplace Features:Wood Burning: Yes
  • Interior Features:Skylight(s): Yes
  • Appliances:Freezer: Yes
  • Interior Features:Central Vacuum: Yes

Exterior Features

  • Exterior Features: Balcony, Fire Pit, Boat Lift, Boat Ramp - Private, Storm Shutters
  • Pool Features: Electric Heat, In Ground, Private, Salt Water, Waterfall, Other
  • Roof: Tile
  • Fencing: Fenced, Wood, Wrought Iron
  • Acres: 0.48
  • Waterfront Features: Ocean Access, River Front
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: East
  • Patio And Porch Features: Deck, Patio, Porch, Side Porch
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Exterior Features:Fire Pit: Yes
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Exterior Features:Storm Shutters: Yes
  • Exterior Features:Balcony: Yes
  • Waterfront Features:Ocean Access: Yes
  • Patio and Porch Features:Side Porch: Yes
  • View:River: Yes
  • Waterfront Features:River Front: Yes

Garage/Parking

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

Utilities

  • Cooling: Zoned
  • Utilities: Cable Available, Water Available
  • Heating: Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Zoned2: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No
  • Association Amenities:Fitness Center: Yes
  • Association Amenities:Basketball Court: Yes
  • Association Amenities:Boat Dock: Yes
  • Association Amenities:Tennis Court(s)2: Yes
  • Association Amenities:Boat Slip: Yes
  • Association Amenities:Park: Yes
  • Association Amenities:Playground: Yes
  • Association Amenities:Golf Course: Yes

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Lot Size Sq Ft: 20909.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 28-38-07-02-00030.0-0004.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 14140.78

MLS Schools

  • Elementary School: Gemini
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2018
Closed on
May 22, 2019
Sold by
Greene Michael and Woolfolk Lei Ann
Bought by
Stephens William and Stephens Allison
Seller's Agent
Brian Greene
Treasure Coast Sotheby's Intl
Buyer's Agent
Brian Greene
Treasure Coast Sotheby's Intl
List Price
$1,724,900
Sold Price
$1,460,000
Premium/Discount to List
-$264,900
-15.36%
Current Estimated Value
$2,522,468

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,062,468
Avg. Annual Appreciation
8.62%
Original Mortgage
$1,313,854
Outstanding Balance
$1,152,797
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$1,369,671

Purchase Details

Closed on
Jul 22, 1998
Sold by
Lane Leonard B and Lane Nancy H
Bought by
Greene Michael and Greene Leiann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$610,000
Interest Rate
6.96%
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

Date Buyer Sale Price Title Company
Stephens William $1,460,000 Alliance Title Ins Agcy Inc
Greene Michael $762,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stephens William $1,313,854
Previous Owner Greene Michael $610,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/22/2019 05/22/19 Sold $1,460,000 -11.5% $285 / Sq Ft
03/30/2019 03/30/19 Pending -- -- --
02/25/2019 02/25/19 Price Changed $1,649,900 -1.5% $323 / Sq Ft
11/14/2018 11/14/18 Price Changed $1,674,900 -2.9% $328 / Sq Ft
09/04/2018 09/04/18 For Sale $1,724,900 -- $337 / 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 $20,504 $1,400,900 -- --
2024 $20,082 $1,391,590 -- --
2023 $20,082 $1,351,060 $0 $0
2022 $19,859 $1,311,710 $0 $0
2021 $20,611 $1,273,510 $0 $0
2020 $20,459 $1,255,930 $692,500 $563,430
2019 $19,014 $1,143,400 $0 $0
2018 $14,141 $847,500 $0 $0
2017 $13,977 $830,070 $0 $0
2016 $14,356 $813,000 $550,000 $263,000
2015 $15,969 $880,570 $550,000 $330,570
2014 $16,043 $873,590 $481,250 $392,340
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 823643

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-38-07-02-00030.0-0004.00