$450,000
SOLD JAN 15, 2025
1 Acre
$450,000 Price per Acre
43,560 Sq Ft Lot

Recently Sold

182 Days on Market

Highlights

  • Gated Community
  • Waterfront
  • Canal Access
  • Gemini Elementary School Rated A-
  • 1 Acre Lot
  • Canal View

About This Lot

As of January 2025

Highly desirable 1 acre lot in gated community of 5 estate sized home sites. Deep water artesian well already installed. Soil testing and boundary survey completed in 2023. Beach access is a 5 minute stroll away. Located close to Publix, restaurants, 2 golf courses, and hiking trails. Short drive to Melbourne Beach proper, Sebastian Inlet and Vero Beach's famous Ocean Drive. Low HOA dues.

Last Agent to Sell the Property

Wayne Tozzolo

Tozzolo & Associates RE LLC Brokerage Phone: 772-388-3322 License #3291263 Listed on: 07/15/2024

Last Buyer's Agent

Wayne Tozzolo

Tozzolo & Associates RE LLC Brokerage Phone: 772-388-3322 License #3291263 Listed on: 07/15/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,760

Lot Details

  • 1 Acre Lot
  • Waterfront
  • Few Trees

Property Views

  • Canal Views

Utilities

  • Well
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 3 / 261
  • Assessor Parcel Number 2961217

Community Details

Recreation

  • Canal Access

Additional Features

  • Association fees include common areas
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$2,760

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 1.0
  • Road Surface Type: Paved
  • Subdivision Name: Other
  • Directions: 7 miles south of Ocean Ave. in Melb. Beach. Turn right on Atlantic Dr. Turn left on Palmetto. Road splits, turn right onto Malabar, first right is gated entrance to Crystal Bay Lane.
  • Attribution Contact: 772-388-3322
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Residential

Exterior Features

  • Lot Features: 1-3 Acres, Few Trees
  • View: Canal
  • View: Yes
  • Waterfront Features: Canal Access
  • Waterfront: Yes

Utilities

  • Security: Gated Community
  • Sewer: None
  • Utilities: Cable Available
  • Water Source: Connected, Well

Condo/Co-op/Association

  • Community Features: None, Other, Storm Drain(s)
  • Association Fee: 31.25
  • Association Name: N/A

Fee Information

  • Association Fee Includes: Common Areas

Schools

  • Junior High Dist: Brevard County Schools

Lot Info

  • Current Use: Single Family
  • Lot Size Sq Ft: 43560.0
  • Number Of Lots: 1
  • Parcel #: 2961217
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2760.0
  • Tax Block: 261
  • Tax Lot: 3
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2024
Closed on
Jan 15, 2025
Sold by
Tozzolo Wayne R and Tozzolo Vicki T
Bought by
Johnson Dawn and Johnson Jamey
Seller's Agent
Wayne Tozzolo
Tozzolo & Associates RE LLC
Buyer's Agent
Wayne Tozzolo
Tozzolo & Associates RE LLC
List Price
$450,000
Sold Price
$450,000
Total Days on Market
182
Views
25
Current Estimated Value
$452,751

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,751
Avg. Annual Appreciation
1.62%
Original Mortgage
$410,000
Outstanding Balance
$408,869
Interest Rate
6.44%
Mortgage Type
New Conventional
Estimated Equity
$43,882

Purchase Details

Listed on
Nov 18, 2022
Closed on
May 18, 2023
Sold by
Ickert Walter and Ickert Linda D
Bought by
Wayne R Tozzolo And Vicki T Tozzolo Joint Rev
Seller's Agent
William A Taylor
William Taylor Real Estate,Inc
Buyer's Agent
Non-Member Non-Member Out Of Area
Non-MLS or Out of Area
List Price
$450,000
Sold Price
$422,000
Premium/Discount to List
-$28,000
-6.22%
Views
52

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.92%

Purchase Details

Closed on
Mar 28, 2006
Sold by
Calkins Daniel J and Calkins Lisa A
Bought by
Ickert Walter and Ickert Linda D

Purchase Details

Closed on
Aug 29, 2003
Sold by
Vistar Realty Inc
Bought by
Calkins Daniel J and Calkins Lisa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,194
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Warranty Deed $450,000 Alliance Title
Warranty Deed $450,000 Alliance Title
Warranty Deed $422,000 Echelon Title Services
Warranty Deed $450,000 Attorney
Warranty Deed $199,000 Alliance Title Brevard Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $410,000 New Conventional
Closed $410,000 New Conventional
Previous Owner $151,194 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2025 01/15/25 Sold $450,000 0.0% --
07/16/2024 07/16/24 For Sale $450,000 +6.6% --
05/18/2023 05/18/23 Sold $422,000 -6.2% --
02/06/2023 02/06/23 Pending -- -- --
11/16/2022 11/16/22 For Sale $450,000 -- --
Source: REALTORS® Association of Indian River County

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
2023 $2,875 $235,000 $235,000 $0
2022 $2,704 $235,000 $0 $0
2021 $2,646 $205,000 $205,000 $0
2020 $2,718 $205,000 $205,000 $0
2019 $2,603 $190,000 $190,000 $0
2018 $2,614 $190,000 $190,000 $0
2017 $2,597 $47,500 $0 $0
2016 $2,322 $150,000 $150,000 $0
2015 $2,428 $150,000 $150,000 $0
2014 $2,475 $150,000 $150,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Indian River County

MLS Number: 279646

APN: 29-38-10-00-00261.3-0000.00