NOT LISTED FOR SALE

1511 Lago Mar Dr Melbourne, FL 32940

Estimated Value: $421,000 - $443,000

3 Beds
2 Baths
2,011 Sq Ft
$216/Sq Ft Est. Value

Sale Details

Date Sold: September 18, 2023

Last sale price $475,000 $236 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $2,835 / mo

6 Days on Market

Highlights

  • Fitness Center
  • Active Adult
  • Clubhouse
  • Solar Heated In Ground Pool
  • Open Floorplan
  • Vaulted Ceiling

About This Home

As of September 2023

With impeccable attention to detail, these owners have magnificently transformed this lovely home located in Grand Isle; an active 55+ gated community! Upon entering the home, attention is drawn to the gorgeous hardwood floors in the living/dining room & bedrooms. Overlooking the family room & under-truss porch, you'll be wowed by the custom kitchen featuring crisp, white & gray shaker cabinets topped with quartz counters, a lovely backsplash & a center island filled with drawers. The spacious primary suite & charming sitting room are partnered with an ensuite fully modernized with the finest fixtures including split vanities topped w/ quartz, a large zero-entry shower tiled from floor to ceiling & a new soaking tub! A private hallway leads to 2 guest rooms & a fully remodeled guest bath. Relax & enjoy maintenance-free living where the HOA takes care of lawn & landscape, irrigation, & exterior painting. As a resident of Grand Isle, you have access to lifestyle amenities including an elegant clubhouse with heated pool, hot tub, tennis/pickleball, bocce, gym & library. Attend dinner dances, informal socials, concerts, yoga, water aerobics, art classes, book clubs, cards, billiards, health & financial lectures, & more. Nearby A+ shopping, dining, & quality medical facilities. One hour to Orlando attractions & minutes to beautiful beaches!

Last Agent to Sell the Property

Teresa Ferrara

RE/MAX Aerospace Realty License #3361554 Listed on: 08/26/2023

RE/MAX Aerospace Realty

Last Buyer's Agent

Jenn Clements

Coastal Life Properties LLC License #3098566

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,084

Year Built

  • Built in 2002

Lot Details

  • 7,841 Sq Ft Lot
  • North Facing Home

HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,011 Sq Ft Home
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Screened Porch

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer
  • Sink Near Laundry

Home Security

  • Security Gate
  • Hurricane or Storm Shutters

Pool

  • Solar Heated In Ground Pool
  • In Ground Spa

Outdoor Features

  • Patio

Schools

  • Quest Elementary School
  • Kennedy Middle School
  • Viera High School

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 25-36-34-75-0000b.0-0030.00

Community Details

Overview

  • Active Adult
  • Kim Khendersonlelandmanagement.Com Association, Phone Number (321) 752-7144
  • Grand Isle Phase 1 Viera N Pud Parcel U X Subdivision
  • On-Site Maintenance
  • Maintained Community

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Shuffleboard Court
  • Fitness Center
  • Community Pool
  • Community Spa
  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,084

Year Built

Built in 2002

Lot Details

7,841 Sq Ft Lot

HOA Fees

$289 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2002
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Sink
  • ResoSecurityFeatures: Security Gate
  • Reso Association Amenities: Clubhouse, Fitness Center, Jogging Path, Maintenance Grounds, Maintenance Structure, Shuffleboard Court, Spa/Hot Tub, Tennis Court(s), Management - On Site, Management - Full Time, Pool
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Grand Isle Phase 1 Viera N PUD Parcel U X
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Pets Allowed Total Number Of Pets: 2
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Ceiling Fan(s), Kitchen Island, Open Floorplan, Pantry, Primary Downstairs, Vaulted Ceiling(s), Walk-In Closet(s), Primary Bathroom - Tub with Shower, Primary Bathroom -Tub with Separate Shower, Split Bedrooms
  • Flooring: Tile, Wood
  • Spa Features: In Ground
  • Appliances: Dryer, Dishwasher, Electric Range, Gas Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Exterior Features: Storm Shutters
  • Pool Features: In Ground, Solar Heat
  • Roof: Shingle
  • Acres: 0.18
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: North
  • Patio And Porch Features: Patio, Porch, Screened

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached

Utilities

  • Cooling: Central Air
  • Utilities: Cable Available, Natural Gas Connected, Other
  • Heating: Central
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: Yes
  • Association #2 Fee: 175.0
  • Association #2 Fee Frequency: Annually
  • Association Fee: 274.3
  • Association Fee Frequency: Monthly
  • Association Name: Kim khendersonlelandmanagement.com
  • Phone: 321-752-7144
  • Association: Yes

Schools

  • Middle Or Junior School: Kennedy

Lot Info

  • Lot Size Sq Ft: 7841.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 25-36-34-75-0000b.0-0030.00

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2084.19

MLS Schools

  • Elementary School: Quest
  • High School: Viera

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 28, 2024
Sold by
Bought by
Current Estimated Value
$434,546

Purchase Details

Closed on
Jan 1, 2024
Sold by
Bought by

Purchase Details

Listed on
Aug 26, 2023
Closed on
Sep 18, 2023
Sold by
Bought by
Seller's Agent
Teresa Ferrara
RE/MAX Aerospace Realty
Buyer's Agent
Jenn Clements
Coastal Life Properties LLC
List Price
$480,000
Sold Price
$475,000
Premium/Discount to List
-$5,000
-1.04%
Views
86

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.19%

Purchase Details

Listed on
Jun 26, 2018
Closed on
Jul 11, 2018
Sold by
Bought by
Seller's Agent
Joy Frankel
RE/MAX Solutions
Buyer's Agent
Nick Farinella
Coldwell Banker Realty
List Price
$294,500
Sold Price
$285,000
Premium/Discount to List
-$9,500
-3.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.34%

Purchase Details

Closed on
Oct 22, 2007
Sold by
Bought by

Purchase Details

Closed on
Jun 20, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,000
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$100 None Listed On Document
$100 None Listed On Document
$100 None Listed On Document
$475,000 None Listed On Document
$285,000 Title Solutions Of Florida
$30,000 None Available
$175,900 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $62,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/18/2023 09/18/23 Sold $475,000 -1.0% $236 / Sq Ft
09/01/2023 09/01/23 Pending -- -- --
08/25/2023 08/25/23 For Sale $480,000 +68.4% $239 / Sq Ft
07/11/2018 07/11/18 Sold $285,000 -3.2% $142 / Sq Ft View Prior Sale
06/28/2018 06/28/18 Pending -- -- --
06/26/2018 06/26/18 For Sale $294,500 -- $146 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,301 $135,590 -- --
2024 $2,201 $131,770 -- --
2023 $2,201 $123,030 $0 $0
2022 $2,084 $119,450 $0 $0
2021 $2,217 $115,980 $0 $0
2020 $2,193 $114,380 $0 $0
2019 $2,130 $111,810 $0 $0
2018 $2,767 $156,070 $0 $0
2017 $2,779 $152,860 $0 $0
2016 $2,808 $149,720 $39,000 $110,720
2015 $2,859 $148,680 $31,000 $117,680
2014 $2,863 $147,500 $31,000 $116,500
Source: Public Records

Agents Affiliated with this Home

  • Teresa Ferrara

    Seller's Agent in 2023

    Teresa Ferrara

    RE/MAX

    (321) 626-4192

    92 in this area

    159 Total Sales

    Teresa Ferrara
    Section Image
  • Jenn Clements

    Buyer's Agent in 2023

    Jenn Clements

    Coastal Life Properties LLC

    (321) 302-1430

    9 in this area

    537 Total Sales

    Jenn Clements
    Section Image

  • J

    Seller's Agent in 2018

    Joy Frankel

    RE/MAX Solutions

  • J

    Seller Co-Listing Agent in 2018

    June Mogavero

    RE/MAX Solutions

  • Nick Farinella

    Buyer's Agent in 2018

    Nick Farinella

    Coldwell Banker Realty

    (321) 704-1600

    7 in this area

    279 Total Sales

    Nick Farinella
    Section Image
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Map

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

MLS Number: 972014

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 25-36-34-75-0000B.0-0030.00

Florida Brevard County Melbourne 32940

1511 Lago Mar 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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