NOT LISTED FOR SALE

1572 Sorento Cir Melbourne, FL 32904

Estimated Value: $521,000 - $593,573

6 Beds
4.5 Baths
3,926 Sq Ft
$143/Sq Ft Est. Value

Last Sold April 25, 2016

Last sale price $259,000 $66 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $3,361/month

72 Days on Market

Highlights

  • Gated with Attendant
  • Lake View
  • Vaulted Ceiling
  • Melbourne Senior High School Rated A-
  • Open Floorplan
  • Screened Porch

About This Home

As of April 2016

Beautiful views and relaxation await you. This six bedroom, four and ½ bathroom home has been recently painted, carpets and appliances have been newly installed. This home features a formal living room, dining room, a spacious loft and a kitchen with plenty of space to accommodate the chef within you. The best part of this home is that it offers two master bedrooms-one of which is on the main floor which makes it a great guest room. This home is perfectly located in the much desired Sheridan Lakes Subdivision. Shopping, fine dining and schools are only a short drive away.

Last Agent to Sell the Property

Marcie Bolt

Tropic Coast Realty Listed on: 01/16/2016

Last Buyer's Agent

Chantel Nguyen

Ayala Realty Group, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,325

Year Built

  • Built in 2005

Lot Details

  • 8,276 Sq Ft Lot
  • East Facing Home

HOA Fees

  • $32 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Property Views

  • Lake
  • Pond

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,926 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Family Room
  • Living Room
  • Screened Porch
  • Carpet

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Split Bedroom Floorplan
  • Dual Closets
  • Walk-In Closet
  • Separate Shower in Primary Bathroom

Outdoor Features

  • Patio

Schools

  • Roy Allen Elementary School
  • Central Middle School
  • Melbourne High School

Utilities

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

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 27-36-35-52-00000.0-0115.00

Community Details

Overview

  • Sheridan Lakes Phase 2 Subdivision
  • Maintained Community

Recreation

  • Community Playground

Security

  • Gated with Attendant
  • Phone Entry

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,325

Year Built

Built in 2005

Lot Details

0

HOA Fees

$32 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 2005
  • Reso Property Sub Type: Single Family Residence
  • Reso View: Lake, Pond, Water
  • ResoSecurityFeatures: Gated with Guard, Entry Phone/Intercom
  • Reso Association Amenities: Maintenance Grounds, Management - Full Time, Playground
  • ResoSpecialListingConditions: Real Estate Owned
  • Subdivision Name: Sheridan Lakes Phase 2
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 27-36-35-52-00000.0-0115.00
  • Location Tax and Legal Elementary School: Roy Allen
  • Location Tax and Legal Middle School2: Central
  • Location Tax and Legal High School: Melbourne
  • Location Tax and Legal Tax Annual Amount: 4324.85
  • Location Tax and Legal Tax Year2: 2015
  • General Property Information Living Area2: 3926.0
  • General Property Information Building Area Total3: 4542.0
  • 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: East
  • Appliances Microwave: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • ViewPond: Yes
  • Flooring Carpet: Yes
  • Levels Two: Yes
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • View Water3: Yes
  • Room Types Family Room: Yes
  • Room Types Living Room: Yes
  • Security Features Entry PhoneIntercom: Yes
  • General Property Information Lot Size Dimensions: 70.0 ft x 120.0 ft
  • Security Features Gated with Guard: Yes
  • Special Listing Conditions Real Estate Owned: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Bar, Eat-in Kitchen, His and Hers Closets, Open Floorplan, Primary Bathroom - Tub with Shower, Primary Bathroom -Tub with Separate Shower, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
  • Flooring: Carpet
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Total Bedrooms: 11
  • General Property Information Bathrooms Half: 1
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Breakfast Bar: 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

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Acres: 0.19
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: East
  • 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
  • View:Lake: 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: 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: 388.0
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 388.0
  • General Property Information:Association Fee Frequency: Annually
  • Association Amenities:Playground: Yes

Schools

  • Middle Or Junior School: Central

Lot Info

  • Lot Dimensions: 70.0 ft x 120.0 ft
  • Lot Size Sq Ft: 8276.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2744021
  • Parcel #: 27-36-35-52-00000.0-0115.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 4324.85

MLS Schools

  • Elementary School: Roy Allen
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2016
Closed on
Apr 29, 2016
Sold by
Federal National Mortgage Association
Bought by
Nguyen Tam
Seller's Agent
Marcie Bolt
Tropic Coast Realty
Buyer's Agent
Chantel Nguyen
Ayala Realty Group, LLC
List Price
$314,900
Sold Price
$259,000
Premium/Discount to List
-$55,900
-17.75%
Current Estimated Value
$561,643

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$302,643
Avg. Annual Appreciation
8.50%
Original Mortgage
$180,000
Outstanding Balance
$143,292
Interest Rate
3.66%
Estimated Equity
$418,351

Purchase Details

Closed on
Oct 30, 2014
Sold by
Kim Sieun L and Sheridan Lakes Homeowners Asso
Bought by
Fannie Mae and Federal National Mortgage Association

Purchase Details

Closed on
Jul 1, 2005
Sold by
Bandish Daniel R
Bought by
Kim Moon and Kim Sieun L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
5.5%

Purchase Details

Closed on
Apr 28, 2005
Sold by
Maronda Homes Inc Of Florida
Bought by
Bandish Daniel R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,400
Interest Rate
5.5%

Purchase Details

Closed on
Jul 23, 2004
Sold by
Sheridan Development Co
Bought by
Maronda Home Inc Of Florida
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
Nguyen Tam -- --
Fannie Mae -- Attorney
Kim Moon $399,000 State Title Partners Llp
Bandish Daniel R $272,700 Adams Title Inc
Maronda Home Inc Of Florida $218,200 Alliance Title Of Brevard Ll
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nguyen Tam $180,000
Closed Nguyen Tam --
Previous Owner Kim Moon $308,000
Previous Owner Bandish Daniel R $245,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/25/2016 04/25/16 Sold $259,000 -4.0% $66 / Sq Ft
03/28/2016 03/28/16 Pending -- -- --
03/23/2016 03/23/16 Price Changed $269,900 -5.3% $69 / Sq Ft
02/17/2016 02/17/16 Price Changed $284,900 -9.5% $73 / Sq Ft
01/15/2016 01/15/16 For Sale $314,900 -- $80 / 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 $4,319 $345,800 -- --
2024 $4,264 $336,060 -- --
2023 $4,264 $326,280 $0 $0
2022 $3,986 $316,780 $0 $0
2021 $4,199 $307,560 $0 $0
2020 $4,140 $303,320 $0 $0
2019 $4,159 $296,510 $0 $0
2018 $4,172 $290,990 $0 $0
2017 $4,161 $285,010 $44,000 $241,010
2016 $4,544 $254,200 $33,000 $221,200
2015 $4,325 $231,780 $33,000 $198,780
2014 $2,651 $171,720 $22,000 $149,720
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 744249

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-36-35-52-00000.0-0115.00