NOT LISTED FOR SALE

1748 Palm Ridge Rd Melbourne, FL 32935

Estimated Value: $346,000 - $376,000

4 Beds
2 Baths
1,676 Sq Ft
$213/Sq Ft Est. Value

Highlights

  • In Ground Pool
  • Vaulted Ceiling
  • Walk-In Closet
  • Open Floorplan
  • Eat-In Kitchen
  • 1-Story Property

About This Home

As of May 2023

Gorgeous Pool home centrally located. All update home has perfect open floor plan for entertaining. So many upgrades and features starting with: wood plank tile floors, base boards, textured walls, painted inside/outside, fans, light fixtures, and so much more! Gourmet kitchen has all wood white shaker cabinets with granite counter tops, stainless steel appliances and tile backsplash. Both bathrooms completely redone too! Don't wait in this beauty! 10 minute drive to Beaches!

Last Agent to Rent the Property

Jack Taylor

RE/MAX Alternative Realty License #3073233 Listed on: 03/30/2023

RE/MAX Alternative Realty

Last Renter's Agent

Davide Santonastaso

LIV Signature Real Estate, LLC License #3484067

LIV Signature Real Estate, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,462

Year Built

  • Built in 1991

Lot Details

  • 7,405 Sq Ft Lot
  • South Facing Home

Parking

  • 2 Car Garage

Interior Spaces

  • 1,676 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan

Kitchen

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

Bedrooms and Bathrooms

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

Pool

  • In Ground Pool

Schools

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

Utilities

  • Heating Available
  • Electric Water Heater

Community Details

  • Property has a Home Owners Association
  • Part Of Se 1/4 Of Sw 1/4 As Des Association

Listing and Financial Details

  • Property Available on 3/30/23
  • The owner pays for taxes
  • Rent includes trash collection
  • Assessor Parcel Number 27-37-08-51-00000.0-0035.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,462

Year Built

Built in 1991

Lot Details

0

Parking

2

Rental Info

  • Furnished: Unfurnished
  • Rent Includes: Trash Collection
  • Owner Pays: Taxes
  • Available Date: 2023-03-30

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1991
  • Reso Property Sub Type: Single Family Residence
  • Subdivision Name: None
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Location Tax and Legal Parcel Number2: 27-37-08-51-00000.0-0035.00
  • 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: 1676.0
  • General Property Information Lot Size Acres: 0.17
  • General Property Information Lot Size Square Feet2: 7405.2
  • General Property Information Waterfront YN: No
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: South
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Levels One: Yes
  • Pool Features In Ground: Yes
  • Water Source Public: Yes
  • Pets Allowed Size Limit: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • General Property Information:Pool Private YN: Yes
  • General Property Information Water Body Access YN3: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen, Open Floorplan, Vaulted Ceiling(s), Walk-In Closet(s)
  • Appliances: Dishwasher, Disposal, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • 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:Ceiling Fan(s): Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:Walk-In Closet(s): Yes

Exterior Features

  • Pool Features: In Ground
  • Acres: 0.17
  • Pool Private: Yes
  • Waterfront: No
  • Direction Faces: South

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

  • Utilities: Water Available
  • Heating: Electric
  • HeatingYN: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

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

Association/Amenities

  • General Property Information:Association YN: Yes
  • 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: 7405.2
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2732678
  • Parcel #: 27-37-08-51-00000.0-0035.00

MLS Schools

  • Elementary School: Creel
  • High School: Eau Gallie

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 15, 2024
Sold by
Nilesh and Nilesh Nandita Gandhi
Bought by
Sai Re Holdings 6 Llc
Current Estimated Value
$357,295

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,035,000
Outstanding Balance
$4,955,414
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
-$4,598,119

Purchase Details

Closed on
Feb 27, 2023
Sold by
Sai Real Estate Llc
Bought by
Nilesh And Nandita Gandhi Revocable Living Tr

Purchase Details

Closed on
Mar 1, 2016
Bought by
Sai Real Estate Llc
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
Sai Re Holdings 6 Llc $100 Title Team
Sai Re Holdings 6 Llc $100 Title Team
Nilesh And Nandita Gandhi Revocable Living Tr $100 --
Sai Real Estate Llc $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sai Re Holdings 6 Llc $5,035,000
Closed Sai Re Holdings 6 Llc $5,035,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2023 05/01/23 Rented $2,600 0.0% --
04/19/2023 04/19/23 Under Contract -- -- --
04/06/2023 04/06/23 Price Changed $2,600 -5.5% $2 / Sq Ft
03/30/2023 03/30/23 For Rent $2,750 -- --
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 $5,462 $291,490 -- --
2024 $4,660 $310,250 -- --
2023 $4,660 $296,400 $65,000 $231,400
2022 $4,116 $268,590 $0 $0
2021 $3,675 $198,360 $50,000 $148,360
2020 $3,460 $185,390 $45,000 $140,390
2019 $3,485 $179,830 $45,000 $134,830
2018 $3,338 $168,440 $40,000 $128,440
2017 $3,132 $153,410 $35,000 $118,410
2016 $2,707 $124,800 $20,000 $104,800
2015 $1,331 $99,310 $20,000 $79,310
2014 $1,310 $98,530 $17,000 $81,530
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 961057

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-37-08-51-00000.0-0035.00