NOT LISTED FOR SALE

1905 Palomino Rd Melbourne, FL 32934

Estimated Value: $462,000 - $664,000

3 Beds
2 Baths
-- Sq Ft
4.15 Acres

Last Sold April 28, 2021

Last sale price $359,000

Est. 47% increase in value since last sale

Current estimated payment $2,950/month

155 Days on Market

Highlights

  • 4.15 Acre Lot
  • No HOA
  • Many Trees
  • Corner Lot

About This Home

As of April 2021

Horse Lovers Paradise! Build your dream home on 4 acres of beautiful land sprinkled with magnificent oak trees and completely fenced. Has a large 1,050 sq. ft storage garage on concrete slab, city water, 20 amp receptacle circuits, 50/30 amp RV service, Hardie Plank exterior and 2 roll up doors, one on either end. Property has 2 artesian deep wells and 3 irrigation pumps. Electric fence surrounds front 2 acres. Best of both worlds-Country living just minutes to shopping, dining and the beaches!

Last Agent to Sell the Property

Deborah Boucher

Surfside Properties & Mgmt. License #3311638 Listed on: 10/02/2020

Surfside Properties & Mgmt.

Last Buyer's Agent

Dave Settgast

One Sotheby's International License #3165226

One Sotheby's International

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,611

Lot Details

  • 4.15 Acre Lot
  • Corner Lot
  • Cleared Lot
  • Many Trees

Schools

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

Utilities

  • Well

Community Details

  • No Home Owners Association
  • Turtle Mound Ranchettes Subdivision

Listing and Financial Details

  • Assessor Parcel Number 27-36-13-03-00000.0-0017.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,611

Lot Details

0

Listing Details

  • Property Type: Land
  • Reso Property Sub Type: Unimproved Land
  • ResoLotFeatures: Cleared, Corner Lot, Many Trees
  • Road Surface Type: Paved
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Turtle Mound Ranchettes
  • Location Tax and Legal Parcel Number2: 27-36-13-03-00000.0-0017.00
  • Location Tax and Legal Elementary School: Sabal
  • Location Tax and Legal Middle School2: Johnson
  • Location Tax and Legal High School: Eau Gallie
  • Location Tax and Legal Tax Annual Amount: 1610.66
  • Location Tax and Legal Tax Year2: 2020
  • General Property Information Lot Size Acres: 4.15
  • General Property Information Lot Size Square Feet2: 180774.0
  • General Property Information Waterfront YN: No
  • General Property Information Senior Community YN: No
  • Utilities Electricity Connected: Yes
  • Water Source Well: Yes
  • Water Source Public: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Exterior Features

  • Acres: 4.15
  • Waterfront: No
  • Lot Features:Corner Lot: Yes
  • Lot Features:Many Trees: Yes
  • Lot Features:Cleared: Yes

Utilities

  • Utilities: Electricity Connected
  • Water Source: Public, Well

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: Johnson

Lot Info

  • Current Use: Residential, Single Family
  • Lot Size Sq Ft: 180774.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 27-36-13-03-00000.0-0017.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 1610.66

MLS Schools

  • Elementary School: Sabal
  • High School: Eau Gallie

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 24, 2023
Sold by
Shepperd Timothy A and Shepperd Unjoo
Bought by
Shepperd Zachary S and Shepperd Christine R
Current Estimated Value
$528,497

Purchase Details

Closed on
Apr 6, 2022
Sold by
Shepperd Zachary S and Shepperd Christine R
Bought by
Shepperd Timothy A and Shepperd Unjoo

Purchase Details

Closed on
Jan 26, 2022
Sold by
Shepperd Timothy A and Shepperd Unjoo
Bought by
Shepperd Zachary S and Shepperd Christine R

Purchase Details

Listed on
Oct 2, 2020
Closed on
Apr 28, 2021
Sold by
Lombardo Anthony James
Bought by
Shepperd Timothy A and Shepperd Unjoo
Seller's Agent
Deborah Boucher
Surfside Properties & Mgmt.
Buyer's Agent
Dave Settgast
One Sotheby's International
List Price
$359,000
Sold Price
$359,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.97%

Purchase Details

Listed on
Jun 21, 2018
Closed on
Aug 24, 2018
Sold by
Gene Mccoy Inc
Bought by
Lombardo Anthony James
Seller's Agent
Sharon Ayers
Waterman Real Estate, Inc.
Buyer's Agent
Sharon Ayers
Waterman Real Estate, Inc.
List Price
$359,900
Sold Price
$340,000
Premium/Discount to List
-$19,900
-5.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.05%
Original Mortgage
$264,000
Interest Rate
6%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 8, 2011
Sold by
Hughes Ralph E and Hughes Lee E
Bought by
Gene Mccoy Inc

Purchase Details

Closed on
Aug 16, 1999
Sold by
Moran John Z and Moran Patricia M
Bought by
Hughes Ralph E and Hughes Lee E
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Shepperd Zachary S -- --
Shepperd Timothy A -- None Listed On Document
Shepperd Zachary S -- None Listed On Document
Shepperd Timothy A $359,000 Supreme Title Closings Llc
Lombardo Anthony James $340,000 Bella Title & Escrow Inc
Gene Mccoy Inc $195,000 State Title Partners Llp
Hughes Ralph E $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lombardo Anthony James $264,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/28/2021 04/28/21 Sold $359,000 0.0% --
03/07/2021 03/07/21 Pending -- -- --
10/02/2020 10/02/20 For Sale $359,000 +5.6% --
08/24/2018 08/24/18 Sold $340,000 -5.5% -- View Prior Sale
07/01/2018 07/01/18 Pending -- -- --
06/21/2018 06/21/18 For Sale $359,900 -- --
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 $2,039 $634,440 -- --
2024 $1,666 $142,840 -- --
2023 $1,666 $133,050 $126,600 $6,450
2022 $1,512 $125,330 $0 $0
2021 $1,535 $116,020 $109,440 $6,580
2020 $1,611 $118,610 $109,440 $9,170
2019 $1,673 $119,370 $109,440 $9,930
2018 $1,460 $100,900 $91,200 $9,700
2017 $1,400 $92,480 $82,080 $10,400
2016 $1,393 $87,690 $77,520 $10,170
2015 $1,451 $87,700 $77,520 $10,180
2014 $1,402 $83,140 $72,960 $10,180
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2021

    Deborah Boucher

    Surfside Properties & Mgmt.

    (321) 631-5511

    2 in this area

    3 Total Sales

    Deborah Boucher
    Section Image
  • Dave Settgast

    Buyer's Agent in 2021

    Dave Settgast

    One Sotheby's International

    (321) 543-1187

    29 in this area

    263 Total Sales

    Dave Settgast
    Section Image

  • S

    Seller's Agent in 2018

    Sharon Ayers

    Waterman Real Estate, Inc.

    (321) 215-2100

    6 in this area

    22 Total Sales

    Sharon Ayers
    Section Image
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Map

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

MLS Number: 886800

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-36-13-03-00000.0-0017.00

Florida Brevard County Melbourne 32934

1905 Palomino Rd, Melbourne, FL

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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