NOT LISTED FOR SALE

Estimated Value: $503,000 - $567,000

4 Beds
3 Baths
2,113 Sq Ft
$249/Sq Ft Est. Value

Last Sold January 29, 2021

Last sale price $370,000 $175 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $3,462/month

9 Days on Market

Highlights

  • Lake Front
  • Open Floorplan
  • Porch
  • Golf Course Community
  • Wood Flooring
  • Screened Patio

About This Home

As of January 2021

Ideally located in The Palms at Venetian Bay, this stunning one owner residence boasts an open living room, dining area and spacious kitchen with great views of the water. Complete with four bedrooms, three bathrooms and a two-car garage. Pavered driveway. Situated on the larger 50’ lot. Wood plank tile throughout except in bedrooms. Vaulted ceilings which helps make for a nice and bright home. Gourmet kitchen has Quartz counter tops with mosaic backslash, 42” cabinets, wall oven and center island. Owners suite also has views of the water with large on-suite bathroom. Owners bath offers Quartz counter tops, dual sinks, walk in closet along with walk in shower. Pavered front patio area to watch the sunrise and screened in back lanai to watch the sunset. Brand new concrete pad perfect for grilling. Professionally landscaped with irrigation. Termite bond that is renewable. Double-pane, Low E sliders and windows. https://vimeo.com/451470515/a4e18319c8 ;Water: City

Last Agent to Sell the Property

Kelley Desoto

OCEAN PROPERTIES & MANAGEMENT License #3012908 Listed on: 12/18/2020

Co-Listed By

Jodi Roe Desoto

OCEAN PROPERTIES & MANAGEMENT License #682579

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,341

Year Built

  • Built in 2019

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 50x130
  • Lake Front
  • Irrigation
  • Property is zoned R1

HOA Fees

  • $67 Monthly HOA Fees

Home Design

  • Shingle Roof
  • Concrete Siding
  • Stucco

Interior Spaces

  • 2,113 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Blinds
  • Laundry in unit

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Outdoor Features

  • Screened Patio
  • Rain Gutters
  • Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 7320-02-00-1920

Community Details

Overview

  • Association fees include ground maintenance
  • Venetian Bay HOA, Phone Number (386) 402-4449
  • Palms Ph 2B Subdivision

Recreation

  • Golf Course Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,341

Year Built

Built in 2019

Lot Details

0

HOA Fees

$67 per month

Listing Details

  • HOA Fee Includes: Maintenance Grounds
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Concrete, Stucco
  • Living Area: 2113
  • Lot Size Acres: 0.15
  • Year Built: 2019
  • Building Area Total: 2965
  • Directions to Property: Hwy 44 to North on Airport Rd to West on Venetian Palm Dr
  • Status: Sold
  • Co List Office Mls Id: MFR53797
  • Co List Office Phone: 386-428-0975
  • List Office Head Office Key Nume: 1050867
  • RATIO Current Price By Calculate: 175.11
  • MFR_InLawSuiteYN: 0
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s), Open Floorplan, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Electric Water Heater, Microwave, Range
  • Total Bedrooms: 4
  • Levels: One
  • Window Features: Blinds
  • Street Number Modifier: 220
  • Room Count: 8

Exterior Features

  • Exterior Features: Irrigation System, Rain Gutters
  • Roof: Shingle
  • Waterfront: Yes
  • Patio and Porch Features: Patio, Porch, Screened
  • Road Surface Type: Asphalt

Utilities

  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: See Remarks

Condo/Co-op/Association

  • Community Features: Golf
  • Association Fee: 800
  • Association Fee Frequency: Annually
  • Association Name: Venetian Bay HOA
  • Phone: 386-402-4449
  • Senior Community: No
  • Development: Venetian Bay

Lot Info

  • Zoning: R1
  • Parcel Number: 7320-02-00-1920
  • Lot Features: City Limits
  • Lot Dimensions: 50x130

Rental Info

  • Furnished: Unfurnished

Multi Family

  • Waterfront Features: Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2020
Closed on
Jan 29, 2021
Sold by
Neal Lewis Ryan and Neal Debbie Joanne
Bought by
Kendell Jacob A and Kendell Chelsea L
Seller's Agent
Kelley Desoto
OCEAN PROPERTIES & MANAGEMENT
List Price
$370,000
Sold Price
$370,000
Current Estimated Value
$526,200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,200
Avg. Annual Appreciation
8.49%
Original Mortgage
$296,000
Outstanding Balance
$268,217
Interest Rate
2.67%
Mortgage Type
New Conventional
Estimated Equity
$268,656

Purchase Details

Listed on
Jul 24, 2019
Closed on
Sep 18, 2019
Sold by
D R Horton Inc
Bought by
Neal Lewis Ryan and Neal Debbie Joanne
Seller's Agent
Tim Hultgren
D R Horton Realty
Buyer's Agent
Tim Hultgren
D.R. Horton Realty of Melbourne
List Price
$315,740
Sold Price
$315,740

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.27%
Original Mortgage
$299,953
Interest Rate
3.6%
Mortgage Type
New Conventional
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
Kendell Jacob A $370,000 Fidelity Natl Ttl Of Fl Inc
Neal Lewis Ryan $315,740 Dhi Title Of Florida Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kendell Jacob A $296,000
Previous Owner Neal Lewis Ryan $299,953
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2021 01/29/21 Sold $370,000 0.0% $175 / Sq Ft
12/28/2020 12/28/20 Pending -- -- --
12/18/2020 12/18/20 For Sale $370,000 +17.2% $175 / Sq Ft
09/18/2019 09/18/19 Sold $315,740 0.0% $149 / Sq Ft
08/08/2019 08/08/19 Pending -- -- --
07/24/2019 07/24/19 For Sale $315,740 -- $149 / Sq Ft
Source: Stellar MLS

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 $6,341 $440,367 $58,000 $382,367
2024 $6,341 $436,875 $58,000 $378,875
2023 $6,341 $398,498 $55,000 $343,498
2022 $5,474 $318,855 $45,000 $273,855
2021 $4,251 $276,017 $55,000 $221,017
2020 $4,265 $276,004 $55,000 $221,004
2019 $324 $17,500 $17,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: NS1061826

Stellar MLS

APN: 7320-02-00-1920