NOT LISTED FOR SALE

197 Coral Way E Indialantic, FL 32903

Estimated Value: $541,000 - $558,000

3 Beds
2 Baths
2,173 Sq Ft
$253/Sq Ft Est. Value

Last Sold October 28, 2021

Last sale price $450,000 $207 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $3,390/month

2 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • Porch
  • Indialantic Elementary School Rated A-
  • Hurricane or Storm Shutters
  • 2 Car Attached Garage

About This Home

As of October 2021

Multiple offers! Highest and Best by 2 pm on October1st.
Minutes from the beach, one owner home is on large corner lot with plenty of room for a pool. Home has three bedrooms, plus an office, two baths, living room, family room, dining room, large lanai, indoor laundry room and a two-car garage. Pocket doors separate the family room and living room areas. Home is equipped with hurricane shutters; automatic sprinkler system and the entire lot is fenced. Metal roof was put on home in 2013, electric panel replaced in 2014, newer vinyl windows, air conditioner condenser was replaced in 2021, air handler is seven years old. This home has endless potential and is ready for your personal touches. No HOA!

Last Agent to Sell the Property

Lynn Steffen

BHHS Florida Realty License #572476 Listed on: 09/29/2021

BHHS Florida Realty

Last Buyer's Agent

Mark Richardson

Blue Marlin Real Estate License #3423418

Blue Marlin Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,615

Year Built

  • Built in 1975

Lot Details

  • 0.26 Acre Lot
  • North Facing Home
  • Chain Link Fence
  • Corner Lot
  • Front and Back Yard Sprinklers

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Metal Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,173 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Carpet
  • Hurricane or Storm Shutters

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Porch

Schools

  • Indialantic Elementary School
  • Hoover Middle School
  • Melbourne High School

Utilities

  • Central Heating and Cooling System
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Stuart Terrace Association
  • Stuart Terrace Subdivision

Listing and Financial Details

  • Assessor Parcel Number 27-37-13-79-0000b.0-0025.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,615

Year Built

Built in 1975

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1975
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Corner Lot, Sprinklers In Front, Sprinklers In Rear
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Stuart Terrace
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 27-37-13-79-0000b.0-0025.00
  • Location Tax and Legal Elementary School: Indialantic
  • Location Tax and Legal Middle School2: Hoover
  • Location Tax and Legal High School: Melbourne
  • Location Tax and Legal Tax Annual Amount: 4615.04
  • Location Tax and Legal Tax Year2: 2020
  • General Property Information Living Area2: 2173.0
  • General Property Information Building Area Total3: 2702.0
  • General Property Information Lot Size Acres: 0.26
  • General Property Information Lot Size Square Feet2: 11326.0
  • 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 Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Fencing Fenced2: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Levels One: Yes
  • Pets Allowed Yes: Yes
  • Utilities Electricity Connected: Yes
  • Flooring Carpet: Yes
  • Water Source Well: Yes
  • Fencing Chain Link: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • Room Types Dining Room: Yes
  • Room Types Family Room: Yes
  • Room Types Laundry: Yes
  • Room Types Living Room: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Pantry, Primary Bathroom - Tub with Shower, Primary Downstairs
  • Flooring: Carpet
  • Appliances: Dryer, Electric Water Heater, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • ResoLivingAreaSource: PublicRecords
  • Appliances:Electric Water Heater: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Pantry: Yes

Exterior Features

  • Exterior Features: Storm Shutters
  • Pool Features: None
  • Roof: Metal
  • Fencing: Chain Link, Fenced
  • Acres: 0.26
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: North
  • Patio And Porch Features: Porch
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio and Porch Features:Porch: Yes
  • Exterior Features:Storm Shutters: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Lot Features:Sprinklers In Rear: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Lot Features:Corner Lot: 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: Electricity Connected
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public, Well
  • Heating:Central: Yes
  • Heating:Electric3: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Name: STUART TERRACE
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No
  • General Property Information:Association Name: STUART TERRACE

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Lot Size Sq Ft: 11326.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2716378
  • Parcel #: 27-37-13-79-0000b.0-0025.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 4615.04

MLS Schools

  • Elementary School: Indialantic
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2021
Closed on
Oct 29, 2021
Sold by
Chenea Stuart Edward
Bought by
Tallini Gloria
Seller's Agent
Lynn Steffen
BHHS Florida Realty
Buyer's Agent
Mark Richardson
Blue Marlin Real Estate
List Price
$430,000
Sold Price
$450,000
Premium/Discount to List
$20,000
4.65%
Current Estimated Value
$549,962

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,962
Avg. Annual Appreciation
5.16%

Purchase Details

Closed on
Dec 3, 2012
Sold by
Shuman Eric P and The Newell Warner Trust
Bought by
Chenea Stuart Edward

Purchase Details

Closed on
Dec 20, 2010
Sold by
Warner Richard N
Bought by
Warner Richard Newell and The Richard Newell Warner Trus
Source: Public Records

Range of Values:

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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
Tallini Gloria $450,000 Majesty Title Services
Chenea Stuart Edward -- Attorney
Warner Richard Newell -- Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/28/2021 10/28/21 Sold $450,000 +4.7% $207 / Sq Ft
10/01/2021 10/01/21 Pending -- -- --
09/29/2021 09/29/21 For Sale $430,000 -- $198 / 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 $6,067 $476,730 -- --
2024 $5,986 $483,050 -- --
2023 $5,986 $468,990 $160,000 $308,990
2022 $5,654 $423,060 $0 $0
2021 $4,730 $315,870 $125,000 $190,870
2020 $4,615 $304,590 $115,000 $189,590
2019 $4,632 $300,620 $110,000 $190,620
2018 $4,501 $295,800 $110,000 $185,800
2017 $4,272 $267,100 $100,000 $167,100
2016 $4,025 $233,020 $80,000 $153,020
2015 $3,812 $205,050 $70,000 $135,050
2014 $3,622 $186,410 $70,000 $116,410
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 917062

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-37-13-79-0000B.0-0025.00