NOT LISTED FOR SALE

173 Sanibel Way Melbourne Beach, FL 32951

Estimated Value: $630,647 - $718,000

4 Beds
2 Baths
2,000 Sq Ft
$337/Sq Ft Est. Value

Last Sold June 29, 2015

Last sale price $319,000 $160 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $4,170/month

36 Days on Market

Highlights

  • Property has ocean access
  • Boat Dock
  • Vaulted Ceiling
  • Gemini Elementary School Rated A-
  • Open Floorplan
  • Breakfast Area or Nook

About This Home

As of June 2015

Stunning 4 bedroom home is perfectly maintained and has great layout.
Open concept floorplan has lots of natural light & has open, airy feel.
You will love the spacious kitchen w/ center island w/ breakfast bar that
opens to living room all w/ vaulted ceilings. Formal dining perfect for
parties. Enjoy the private, professionally landscaped fenced yard. Custom window treatments thruout. Large master suite has walk in closet.
Elegant master bath w/ garden tub and separate shower. All new washer/dryer,
dishwasher, cooktop/oven, disposal, water heater. New painted exterior in
2012. Window has protective Glass Guard 3M films installed in 2012. Community
has gated entry and river pier to enjoy sunsets & ocean access. Furniture negotiable. Price reduced $5000 for flooring al al

Last Agent to Sell the Property

Laura Dowling-Roy

Premier Properties Real Estate License #662285 Listed on: 04/21/2015

Last Buyer's Agent

Josie Rekab

Blue Marlin Real Estate License #3205214

Blue Marlin Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,006

Year Built

  • Built in 1999

Lot Details

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

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

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

Interior Spaces

  • 2,000 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Family Room
  • Living Room
  • Dining Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Property has ocean access
  • Patio

Schools

  • Gemini 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 28-38-20-02-00000.0-0004.00

Community Details

Overview

  • Ocean Ridge Subdivision

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,006

Year Built

Built in 1999

Lot Details

0

HOA Fees

$50 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1999
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Cul-De-Sac
  • Road Surface Type: Asphalt
  • Reso Association Amenities: Boat Dock, Management - Full Time, Management - Off Site
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Ocean Ridge
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 28-38-20-02-00000.0-0004.00
  • Location Tax and Legal Elementary School: Gemini
  • Location Tax and Legal Middle School2: Hoover
  • Location Tax and Legal High School: Melbourne
  • Location Tax and Legal Tax Annual Amount: 4005.61
  • Location Tax and Legal Tax Year2: 2014
  • General Property Information Living Area2: 2000.0
  • General Property Information Building Area Total3: 2440.0
  • 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
  • Cooling:Electric: Yes
  • Fencing Fenced2: Yes
  • Fencing Wood2: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Levels One: Yes
  • Road Surface Type Asphalt: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Flooring Carpet: Yes
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • Roof:Tile2: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • Room Types Dining Room: Yes
  • Interior Features Breakfast Nook: Yes
  • Room Types Family Room: Yes
  • Room Types Living Room: Yes
  • General Property Information Lot Size Dimensions: 84.0 ft x 90.0 ft
  • General Property Information:Pool Private YN: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Bar, Breakfast Nook, Ceiling Fan(s), Eat-in Kitchen, Open Floorplan, Primary Bathroom - Tub with Shower, Primary Bathroom -Tub with Separate Shower, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
  • Flooring: Carpet, Tile
  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • 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
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:Walk-In Closet(s): Yes

Exterior Features

  • Pool Features: None
  • Roof: Tile
  • Fencing: Fenced, Wood
  • Acres: 0.17
  • Pool Private: No
  • Waterfront Features: Ocean Access
  • 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
  • Lot Features:Cul-De-Sac: Yes
  • Waterfront Features:Ocean Access: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage Door Opener
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Attached: 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: 150.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 150.0
  • General Property Information:Association Fee Frequency: Quarterly
  • Association Amenities:Boat Dock: Yes

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Lot Dimensions: 84.0 ft x 90.0 ft
  • Lot Size Sq Ft: 7405.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2853400
  • Parcel #: 28-38-20-02-00000.0-0004.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 4005.61

MLS Schools

  • Elementary School: Gemini
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2015
Closed on
Jun 26, 2015
Sold by
Pegram Garry T and Pegram Nancy L
Bought by
Sherard Joseph S and Sherard Adrianne B
Seller's Agent
Laura Dowling-Roy
Premier Properties Real Estate
Buyer's Agent
Josie Rekab
Blue Marlin Real Estate
List Price
$335,000
Sold Price
$319,000
Premium/Discount to List
-$16,000
-4.78%
Current Estimated Value
$674,662

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$355,662
Avg. Annual Appreciation
7.54%
Original Mortgage
$255,200
Outstanding Balance
$99,096
Interest Rate
3.93%
Estimated Equity
$575,566

Purchase Details

Closed on
Jun 15, 2004
Sold by
Jacobs Hugh C and Jacobs Cynthia J
Bought by
Pegram Garry T and Pegram Nancy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
4%

Purchase Details

Closed on
Feb 4, 1999
Sold by
Holiday Bldr Inc
Bought by
Jacobs Hugh C and Jacobs Cynthia J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,000
Interest Rate
6.8%

Purchase Details

Closed on
Nov 21, 1997
Sold by
Ocean Ridge Brevard Ii Inc
Bought by
Holiday Bldr Inc
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
Sherard Joseph S $319,000 Alliance Title Insurance Age
Pegram Garry T $350,000 Alliance Title Brevard Llc
Jacobs Hugh C $45,000 --
Holiday Bldr Inc $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sherard Joseph S $255,200
Previous Owner Pegram Garry T $315,000
Previous Owner Jacobs Hugh C $139,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2015 06/29/15 Sold $319,000 -3.3% $160 / Sq Ft
05/28/2015 05/28/15 Pending -- -- --
05/14/2015 05/14/15 Price Changed $329,900 -1.5% $165 / Sq Ft
04/21/2015 04/21/15 For Sale $335,000 -- $168 / 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 $6,647 $520,440 -- --
2024 $6,269 $538,300 -- --
2023 $6,269 $501,010 $0 $0
2022 $5,494 $456,240 $0 $0
2021 $5,152 $363,930 $125,000 $238,930
2020 $4,662 $311,740 $88,000 $223,740
2019 $4,808 $316,850 $95,000 $221,850
2018 $4,761 $309,100 $95,000 $214,100
2017 $4,582 $288,810 $95,000 $193,810
2016 $4,295 $249,300 $70,000 $179,300
2015 $4,186 $231,840 $70,000 $161,840
2014 $4,006 $214,730 $70,000 $144,730
Source: Public Records

Agents Affiliated with this Home

  • Laura Dowling-Roy

    Seller's Agent in 2015

    Laura Dowling-Roy

    Premier Properties Real Estate

    (321) 223-4671

    45 in this area

    164 Total Sales

    Laura Dowling-Roy
    Section Image
  • Josie Rekab

    Buyer's Agent in 2015

    Josie Rekab

    Blue Marlin Real Estate

    (321) 604-6501

    5 Total Sales

    Josie Rekab
    Section Image
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Map

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

MLS Number: 723255

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-38-20-02-00000.0-0004.00

Florida Brevard County Melbourne Beach 32951

173 Sanibel Way, Melbourne Beach, FL

This home is located at 173 Sanibel Way, Melbourne Beach, FL 32951 since 21 April 2015 and is currently estimated at $674,662, approximately $337 per square foot. This property was built in 1999. 173 Sanibel Way is a home located in Brevard County with nearby schools including Gemini Elementary School, Herbert C. Hoover Middle School, and Melbourne Senior High School.

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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