NOT LISTED FOR SALE

1525 N Highway A1a Unit 505 Indialantic, FL 32903

Paradise Beach Neighborhood

Estimated Value: $635,000 - $694,000

3 Beds
2 Baths
1,916 Sq Ft
$480/mo HOA Fee

Last Sold March 21, 2016

Last sale price $450,000 $235 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $4,476/month

12 Days on Market

Highlights

  • Ocean Front
  • Heated In Ground Pool
  • Clubhouse
  • Indialantic Elementary School Rated A-
  • Open Floorplan
  • Great Room

About This Home

As of March 2016

Walk in and fall in love! Picture perfect coastal living. DIRECT OCEAN!! This immaculate condo is light and bright....shows like a model. Large neutral tile thru out. Built-in shelving in entry. The kitchen was totally remodeled & updated in Nov. 2015. Stunning Cambria quartz countertops....all the bells and whistles. Farmhouse sink & spacious pantry. A chef's delight! Updated interior lighting. Enjoy a jetted tub & separate shower with his/her sinks in master bath. Two closets out-fitted w/built-ins give lots of storage in the master. Stacking sliding doors for entertaining on the spacious balcony. Shutters on the balcony and windows. The balconies were re-done, new railings,& the building was painted in Jan 2015. Don't miss an opportunity to live in this much sought-after building!

Last Agent to Sell the Property

Linda Coleman

Coldwell Banker Paradise Listed on: 02/04/2016

Last Buyer's Agent

Denise Contella

RE/MAX Aerospace Realty License #486082

RE/MAX Aerospace Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,354

Year Built

  • Built in 1996

Lot Details

  • Ocean Front

HOA Fees

  • $480 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Home Design

  • Concrete Siding
  • Block Exterior
  • Asphalt
  • Stucco

Interior Spaces

  • 1,916 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Ceiling Fan
  • Great Room
  • Tile Flooring
  • Ocean Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Dual Closets
  • Walk-In Closet
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom
  • Spa Bath

Laundry

  • Laundry Room
  • Sink Near Laundry

Home Security

Outdoor Features

  • Heated In Ground Pool
  • Property has ocean access
  • Balcony

Schools

  • Indialantic Elementary School
  • Hoover Middle School
  • Melbourne High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 27-38-30-26-00000.0-0026.00

Community Details

Overview

  • Association fees include cable TV, insurance, pest control, sewer, trash, water
  • Majestic Shores A Condo Subdivision
  • Maintained Community
  • 7-Story Property

Amenities

  • Clubhouse
  • Secure Lobby

Recreation

  • Community Pool

Pet Policy

  • Pet Size Limit
  • Dogs and Cats Allowed

Security

  • Phone Entry
  • Hurricane or Storm Shutters

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,354

Year Built

Built in 1996

Lot Details

0

HOA Fees

$480 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1996
  • Reso Property Sub Type: Condominium
  • ResoLaundryFeatures: Sink
  • Road Surface Type: Asphalt
  • Reso View: Ocean, Water
  • ResoSecurityFeatures: Entry Phone/Intercom, Secured Lobby
  • Reso Association Amenities: Clubhouse, Maintenance Grounds, Maintenance Structure, Management - Full Time, Management - Off Site
  • Reso Association Fee Includes: Cable TV, Insurance, Pest Control, Sewer, Trash, Water
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Majestic Shores A Condo
  • Carport Y N: No
  • Entry Level: 5
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 27-38-30-26-00000.0-0026.00
  • Location Tax and Legal Elementary School: Indialantic
  • Location Tax and Legal Middle School2: Hoover
  • Location Tax and Legal High School: Melbourne
  • Location Tax and Legal Tax Annual Amount: 5354.43
  • Location Tax and Legal Tax Year2: 2015
  • General Property Information Living Area2: 1916.0
  • General Property Information Building Area Total3: 1916.0
  • General Property Information Lot Size Acres: 0.07
  • General Property Information Lot Size Square Feet2: 3049.0
  • General Property Information New Construction YN: No
  • General Property Information Waterfront YN: Yes
  • General Property Information Senior Community YN: No
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Levels One: Yes
  • Pool Features In Ground: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Road Surface Type Asphalt: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Laundry Features Sink: Yes
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • Pets Allowed Size Limit: Yes
  • General Property Information Carport YN2: No
  • Pets Allowed Cats OK: Yes
  • Utilities Water Available: Yes
  • View Water3: Yes
  • Room Types Great Room: Yes
  • Room Types Laundry: Yes
  • General Property Information Stories Total: 7
  • Security Features Secured Lobby: Yes
  • ViewOcean: Yes
  • Pool Features Electric Heat: Yes
  • Security Features Entry PhoneIntercom: Yes
  • Pets Allowed Dogs OK: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 7

Interior Features

  • Interior Amenities: Breakfast Bar, Built-in Features, Ceiling Fan(s), Eat-in Kitchen, His and Hers Closets, Open Floorplan, Pantry, Primary Bathroom - Tub with Shower, Primary Bathroom -Tub with Separate Shower, Split Bedrooms, Walk-In Closet(s)
  • Flooring: Tile
  • Spa Features: Bath
  • Appliances: Dishwasher, Disposal, Electric Range, Electric Water Heater, Ice Maker, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 7
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Open Floorplan: Yes
  • Pool Features:Community: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Built-in Features: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:His and Hers Closets: Yes
  • Spa Features:Bath: Yes

Exterior Features

  • Exterior Features: Balcony, Storm Shutters
  • Pool Features: Community, Electric Heat, In Ground
  • Roof: Other
  • Acres: 0.07
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Exterior Features:Storm Shutters: Yes
  • Exterior Features:Balcony: Yes
  • Waterfront Features:Ocean Access: Yes
  • Waterfront Features:Ocean Front: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage, Garage Door Opener
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Cable Available, Electricity Connected, Water Available
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 480.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 480.0
  • General Property Information:Association Fee Frequency: Monthly
  • Association Fee Includes:Cable TV: Yes
  • Association Fee Includes:Insurance: Yes
  • Association Fee Includes:Water: Yes
  • Association Amenities:Clubhouse: Yes
  • Association Fee Includes:Sewer: Yes
  • Association Fee Includes:Trash: Yes
  • Association Fee Includes:Pest Control: Yes

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Lot Size Sq Ft: 3049.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2735732
  • Parcel #: 27-38-30-26-00000.0-0026.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 5354.43

MLS Schools

  • Elementary School: Indialantic
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2016
Closed on
Mar 21, 2016
Sold by
Jones Donna
Bought by
Eberly Harold J and Eberly Anne L
Seller's Agent
Linda Coleman
Coldwell Banker Paradise
Buyer's Agent
Denise Contella
RE/MAX Aerospace Realty
List Price
$459,000
Sold Price
$450,000
Premium/Discount to List
-$9,000
-1.96%
Current Estimated Value
$664,334

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$214,334
Avg. Annual Appreciation
4.15%

Purchase Details

Closed on
May 8, 2014
Sold by
Jones Michael S and Jones Donna
Bought by
Jones Donna

Purchase Details

Listed on
Mar 27, 2012
Closed on
Oct 12, 2012
Sold by
Fannie Mae
Bought by
Jones Michael S and Jones Donna
Seller's Agent
Mitch Ribak
Tropical Realty Beachside
Buyer's Agent
Melissa Goldman
Tropical Realty of Suntree
List Price
$399,900
Sold Price
$291,000
Premium/Discount to List
-$108,900
-27.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.54%
Original Mortgage
$203,700
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 11, 2012
Sold by
Murphy Susan J
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 22, 2006
Sold by
Baldizzi Paul and Tabrah Haleh
Bought by
Murphy Susan J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,500
Interest Rate
6.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 12, 2002
Sold by
Dowiak James and Dowiak Sharon
Bought by
Baldizzi Paul and Tabrah Haleh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.12%

Purchase Details

Closed on
Jan 27, 1997
Sold by
Majestic Shores Dev Inc
Bought by
Dowiak James and Dowiak Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
7.77%
Source: Public Records

Range of Values:

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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
Eberly Harold J $450,000 State Title Partners Llp
Jones Donna -- Attorney
Jones Michael S $291,000 Attorney
Federal National Mortgage Association $358,000 First American Title Inc
Murphy Susan J $510,000 Landing Title Agency Inc
Baldizzi Paul $277,500 --
Dowiak James $174,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jones Michael S $203,700
Previous Owner Murphy Susan J $382,500
Previous Owner Baldizzi Paul $200,000
Previous Owner Dowiak James $148,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/21/2016 03/21/16 Sold $450,000 -2.0% $235 / Sq Ft
02/16/2016 02/16/16 Pending -- -- --
02/03/2016 02/03/16 For Sale $459,000 +57.7% $240 / Sq Ft
10/09/2012 10/09/12 Sold $291,000 -27.2% $152 / Sq Ft View Prior Sale
08/24/2012 08/24/12 Pending -- -- --
03/27/2012 03/27/12 For Sale $399,900 -- $209 / 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 $5,680 $473,440 -- --
2024 $5,604 $460,100 -- --
2023 $5,604 $446,700 $0 $0
2022 $5,221 $433,690 $0 $0
2021 $5,488 $421,060 $0 $421,060
2020 $5,547 $421,060 $0 $421,060
2019 $5,669 $421,060 $0 $421,060
2018 $5,757 $416,880 $0 $416,880
2017 $6,004 $379,420 $0 $379,420
2016 $5,176 $347,340 $0 $0
2015 $5,354 $344,930 $0 $0
2014 $5,573 $313,570 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 745873

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-38-30-26-00000.0-0026.00