$325,000 - $347,339
RENTED MAY 1, 2025

1689 Palm Ridge Rd Melbourne, FL 32935

3 Beds
2 Baths
1,498 Sq Ft
$226 Price per Sq Ft

Last Sold October 09, 2018

Last sale price $167,900 $112 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $2,001/month

Highlights

  • Vaulted Ceiling
  • Eat-In Kitchen
  • Walk-In Closet
  • Screened Porch
  • Built-In Features
  • Central Heating and Cooling System

About This Home

As of May 2025

Beautifully upgraded 3 bedroom 2 bath 2 car garage home in the heart of Melbourne. Gorgeous laminate flooring throughout, freshly painted. Open floor plan with soaring cathedral ceilings. Custom built in shelving in the master suite, walk in closets, soaking tub/shower in the master bath. Guest bedroom features built in bunk beds! Large back yard! This is a great family home close to shopping, schools, golf and entertainment. Hurry and make this your next home! Pets are welcome under owner consideration. Restricted breeds not allowed. Household pets, Service Animals (SA), and Emotional Support Animals (ESA) are subject to a pet screening/fee though Petscreening.com.

Last Agent to Rent the Property

Lisa Campbell

Real Property Mgmt. Brevard License #3223842 Listed on: 04/09/2025

Last Renter's Agent

Jonathon Ackerman

Real Property Mgmt. Brevard License #3525736

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,347

Year Built

  • Built in 1990

Lot Details

  • 7,405 Sq Ft Lot
  • North Facing Home
  • Wood Fence
  • Back Yard Fenced

Parking

  • 2 Car Garage

Interior Spaces

  • 1,498 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Screened Porch
  • Fire and Smoke Detector

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

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

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • Part Of Se 1/4 Of Sw 1/4 As Des Subdivision

Listing and Financial Details

  • Security Deposit $2,095
  • Property Available on 4/3/25
  • $80 Application Fee
  • Assessor Parcel Number 27-37-08-51-00000.0-0008.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,347

Year Built

Built in 1990

Lot Details

0

Parking

2

Rental Info

  • Furnished: Unfurnished
  • Lease Term: 12 Months
  • Available Date: 2025-04-03

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1990
  • Reso Property Sub Type: Single Family Residence
  • ResoSecurityFeatures: Smoke Detector(s)
  • Subdivision Name: Part of SE 1/4 of SW 1/4 As Des
  • Carport Y N: No
  • Garage Yn: Yes
  • Location Tax and Legal Parcel Number2: 27-37-08-51-00000.0-0008.00
  • Location Tax and Legal Elementary School: Creel
  • Location Tax and Legal Middle School2: Johnson
  • Location Tax and Legal High School: Eau Gallie
  • General Property Information Living Area2: 1498.0
  • General Property Information Lot Size Acres: 0.17
  • 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
  • Cooling:Electric: Yes
  • Fencing Wood2: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • Pets Allowed Cats OK: Yes
  • Utilities Water Available: Yes
  • General Property Information Stories Total: 1
  • Pets Allowed Breed Restrictions: Yes
  • Pets Allowed Dogs OK: Yes
  • Deposits and Fees Application Fee: 80.0
  • Deposits and Fees Security Deposit: 2095.0
  • Utilities Electricity Available: Yes
  • Deposits and Fees Pet FeeDeposit: 350.0
  • Fencing Back Yard: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Built-in Features, Ceiling Fan(s), Eat-in Kitchen, Pantry, Vaulted Ceiling(s), Walk-In Closet(s)
  • Appliances: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Built-in Features: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:Walk-In Closet(s): Yes

Exterior Features

  • Fencing: Back Yard, Wood
  • Acres: 0.17
  • Waterfront: No
  • Direction Faces: North
  • Patio And Porch Features: Rear Porch, Screened
  • Patio And Porch Features:Screened: Yes
  • Patio And Porch Features:Rear Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Garage
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Johnson

Lot Info

  • Lot Size Sq Ft: 7405.2
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2732867
  • Parcel #: 27-37-08-51-00000.0-0008.00
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Creel
  • High School: Eau Gallie

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2018
Closed on
Oct 3, 2018
Sold by
Thelander Michael A and Thelander Regina L
Bought by
Velasco Sixio and Velasco Jordan Victoria
Seller's Agent
Michael Thelander
Nexus Real Estate, Inc.
Buyer's Agent
Rose Street
LoKation
List Price
$168,900
Sold Price
$167,900
Premium/Discount to List
-$1,000
-0.59%
Current Estimated Value
$339,085

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,185
Avg. Annual Appreciation
10.58%
Original Mortgage
$156,750
Outstanding Balance
$136,695
Interest Rate
4.5%
Estimated Equity
$202,390

Purchase Details

Closed on
Aug 28, 1998
Sold by
Chiang Suzang and Chou Shiuhmei
Bought by
Thelander Michael A and Thelander Regina L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,200
Interest Rate
6.96%
Source: Public Records

Range of Values:

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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
Velasco Sixio $165,000 Atypical Title Llc
Thelander Michael A $86,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Velasco Sixio $156,750
Previous Owner Thelander Michael A $69,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/01/2025 05/01/25 Rented $2,095 0.0% --
04/09/2025 04/09/25 For Rent $2,095 0.0% --
04/07/2025 04/07/25 Under Contract -- -- --
04/04/2025 04/04/25 For Rent $2,095 0.0% --
10/09/2018 10/09/18 Sold $167,900 -0.6% $112 / Sq Ft View Prior Sale
07/06/2018 07/06/18 Pending -- -- --
07/05/2018 07/05/18 For Sale $168,900 -- $113 / 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 $2,347 $175,320 -- --
2024 $2,347 $170,380 -- --
2023 $2,285 $165,420 $0 $0
2022 $2,136 $160,610 $0 $0
2021 $2,156 $155,940 $0 $0
2020 $2,130 $153,790 $0 $0
2019 $2,141 $150,340 $45,000 $105,340
2018 $2,694 $147,370 $40,000 $107,370
2017 $2,523 $133,520 $35,000 $98,520
2016 $2,325 $106,510 $20,000 $86,510
2015 $2,266 $100,620 $20,000 $80,620
2014 $2,054 $91,480 $17,000 $74,480
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 1042247

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-37-08-51-00000.0-0008.00