NOT LISTED FOR SALE

1649 Palm Ridge Rd Melbourne, FL 32935

Estimated Value: $332,000 - $348,000

3 Beds
2 Baths
1,306 Sq Ft
$262/Sq Ft Est. Value

Last Sold June 25, 2021

Last sale price $273,000 $209 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,850/month

Highlights

  • Open Floorplan
  • Breakfast Area or Nook
  • Hurricane or Storm Shutters
  • No HOA
  • Cul-De-Sac
  • 4 Car Attached Garage

About This Home

As of June 2021

Reserve Now! BRAND NEW in 2020, strong, clean, custom, designer home with 12' Vaulted ceilings, 6' privacy fence in cul-de-sac! No carpet here! Gorgeous, all wood plank ceramic tile home with all quartz counters, rain shower in master bath and hand held shower,tiled to ceiling. 2 car garage with epoxy floor, large patio out back with room for a pool, bedrooms with walk in closets, large linen closet in bath 2. In addition to the breakfast/dining area the large kitchen island sits 5 comfortably, plenty of counter space and all Samsung appliances Ring Doorbell, Nest thermostat. The family room is huge in this new open plan! Way too many upgrades to mention. Great location and neighborhood with NO HOA! Beaches 10 minutes away! Highly efficient for low utility bills!

Last Agent to Sell the Property

Mary Ann Vargas

LoKation License #3370115 Listed on: 05/26/2021

LoKation

Last Buyer's Agent

Tina Underwood

One Sotheby's International License #3490060

One Sotheby's International

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $475

Year Built

  • Built in 2020

Lot Details

  • 7,405 Sq Ft Lot
  • Cul-De-Sac
  • North Facing Home
  • Wood Fence

Parking

  • 4 Car Attached Garage
  • Garage Door Opener

Home Design

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

Interior Spaces

  • 1,306 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Tile Flooring
  • Washer and Gas Dryer Hookup

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Home Security

  • Security Gate
  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Outdoor Features

  • Patio

Schools

  • Creel Elementary School
  • Johnson Middle School
  • Eau Gallie High School

Utilities

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

Community Details

  • No Home Owners Association
  • Part Of Se 1/4 Of Sw 1/4 As Des Association
  • Palm Shore Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 27-37-08-51-00000.0-0004.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$475

Year Built

Built in 2020

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Year Built: 2020
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • ResoLotFeatures: Cul-De-Sac
  • Road Surface Type: Asphalt
  • ResoSecurityFeatures: Security Gate, Smoke Detector(s)
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Palm Shore Estates
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 27-37-08-51-00000.0-0004.00
  • Location Tax and Legal Elementary School: Creel
  • Location Tax and Legal Middle School2: Johnson
  • Location Tax and Legal High School: Eau Gallie
  • Location Tax and Legal Tax Annual Amount: 475.07
  • Location Tax and Legal Tax Year2: 2018
  • General Property Information Living Area2: 1306.0
  • General Property Information Building Area Total3: 1726.0
  • General Property Information Lot Size Acres: 0.17
  • General Property Information Lot Size Square Feet2: 7405.0
  • 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
  • Cooling Central Air: Yes
  • Fencing Fenced2: Yes
  • Fencing Wood2: Yes
  • Flooring Tile: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Levels One: Yes
  • Pets Allowed Yes: Yes
  • Road Surface Type Asphalt: Yes
  • Roof:Shingle: Yes
  • Security Features Security Gate: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • Interior Features Breakfast Nook: Yes
  • Utilities Sewer Available: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Bar, Breakfast Nook, Ceiling Fan(s), Kitchen Island, Open Floorplan, Pantry, Split Bedrooms, Walk-In Closet(s)
  • Flooring: Tile
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • ResoLivingAreaSource: Other
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: 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

  • Exterior Features: Storm Shutters
  • Pool Features: None
  • Roof: Shingle
  • Fencing: Fenced, Wood
  • Acres: 0.17
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: North
  • Patio And Porch Features: Patio
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio And Porch Features:Patio: Yes
  • Exterior Features:Storm Shutters: Yes
  • Lot Features:Cul-De-Sac: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Parking Features: Attached, Garage Door Opener
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 4.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association Name: PART OF SE 1/4 OF SW 1/4 AS DES
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No
  • General Property Information:Association Name: PART OF SE 1/4 OF SW 1/4 AS DES

Schools

  • Middle Or Junior School: Johnson

Lot Info

  • Lot Size Sq Ft: 7405.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2711790
  • Parcel #: 27-37-08-51-00000.0-0004.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 475.07

MLS Schools

  • Elementary School: Creel
  • High School: Eau Gallie

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2021
Closed on
Jun 25, 2021
Sold by
Vargas Christian
Bought by
Wilkie Vincent
Seller's Agent
Mary Ann Vargas
LoKation
Buyer's Agent
Tina Underwood
One Sotheby's International
List Price
$287,000
Sold Price
$273,000
Premium/Discount to List
-$14,000
-4.88%
Current Estimated Value
$336,099

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,099
Avg. Annual Appreciation
4.77%
Original Mortgage
$268,000
Outstanding Balance
$245,789
Interest Rate
2.9%
Mortgage Type
VA
Estimated Equity
$85,098

Purchase Details

Closed on
Aug 20, 2020
Sold by
Tensley Matthew
Bought by
Vargas Christian J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,100
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 26, 2019
Sold by
Mesnard Linda K and Fow Linda K
Bought by
Tensley Matthew

Purchase Details

Closed on
Apr 25, 2013
Sold by
Gutierrez Saul
Bought by
Fow Linda K

Purchase Details

Closed on
Dec 6, 2010
Sold by
Shimek Michael J and Shimek Kathleen R
Bought by
Gutierrez Saul

Purchase Details

Closed on
Aug 31, 2009
Sold by
Gutierrez Saul
Bought by
Turn Key Investment Group Llc

Purchase Details

Closed on
May 13, 2005
Sold by
Miller Harold Richard and Miller Hazel M
Bought by
Shimek Michael J and Shimek Kathleen R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
5.8%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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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
Wilkie Vincent $273,000 Mosley & Wallis Ttl Svcs Inc
Vargas Christian J $230,000 Mosley & Wallis Ttl Svcs Inc
Tensley Matthew $20,000 Mosley & Wallis Title Svc
Fow Linda K $4,200 None Available
Gutierrez Saul -- None Available
Turn Key Investment Group Llc -- None Available
Shimek Michael J -- Federal Title Ins Assoc Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilkie Vincent $268,000
Previous Owner Vargas Christian J $223,100
Previous Owner Turn Key Investment Group Llc $39,000
Previous Owner Shimek Michael J $76,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2021 06/25/21 Sold $273,000 -4.9% $209 / Sq Ft
05/26/2021 05/26/21 Pending -- -- --
05/26/2021 05/26/21 For Sale $287,000 -- $220 / 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
2023 $110 $157,720 $0 $0
2022 $106 $153,130 $0 $0
2021 $2,725 $187,520 $50,000 $137,520
2020 $458 $25,000 $25,000 $0
2019 $476 $25,000 $25,000 $0
2018 $475 $25,000 $25,000 $0
2017 $459 $6,250 $0 $0
2016 $423 $20,000 $20,000 $0
2015 $416 $20,000 $20,000 $0
2014 $368 $17,000 $17,000 $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: 906066

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-37-08-51-00000.0-0004.00