Seller's Agent in 2024
Rita Soni
Nexthome Coastal Vista
(321) 327-6770
1 in this area
58 Total Sales
225 Ormond Dr Indialantic, FL 32903
Estimated Value: $1,310,000 - $1,498,000
6
Beds
4
Baths
3,392
Sq Ft
$423/Sq Ft
Est. Value
Highlights
- Community Beach Access
- In Ground Pool
- No HOA
- Indialantic Elementary School Rated A-
- Wood Flooring
- Central Heating and Cooling System
About This Home
As of April 2024AMAZING LOCATION! Beautifully landscaped, 2-story POOL home, located in the Exclusive SOFA (South of Fifth Avenue) coastal district of Indialantic, close to the ocean and accessible beaches! Boasting 6 bedrooms and 4 UPDATED full baths, with carpeting upstairs (2019) & hardwood and tile flooring downstairs, this luxury home features many upgrades: Metal roof 2016, Pool resurfacing and waterfall 2017, All new plumbing in the house 2019, Solar panel 2020 all on a almost HALF ACRE lot (o.49 acre). Close to a variety of unique shops, restaurants and entertainment, not to mention a quick drive to Downtown Melbourne!
Last Agent to Sell the Property
Nexthome Coastal Vista License #3168486 Listed on: 02/13/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,946
Year Built
- Built in 1995
Lot Details
- 0.49 Acre Lot
- North Facing Home
Parking
- 2 Car Garage
Home Design
- Brick Exterior Construction
- Metal Roof
- Asphalt
Interior Spaces
- 3,392 Sq Ft Home
- 2-Story Property
Kitchen
- Electric Oven
- Electric Cooktop
- Microwave
- Ice Maker
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Full Bathrooms
Pool
- In Ground Pool
Schools
- Indialantic Elementary School
- Hoover Middle School
- Melbourne High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 28-38-06-Eq-00085.0-0006.00
Community Details
Overview
- No Home Owners Association
- Indialantic By The Sea Subdivision
Recreation
- Community Beach Access
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 13, 2024
Closed on
Apr 9, 2024
Sold by
Welch Diane and Diane J Kelly Revocable Trust
Bought by
Gates Andrew L and Gates Pamela R
Seller's Agent
Rita Soni
Nexthome Coastal Vista
Buyer's Agent
Mike Davis
Davis Realty Group, LLC
List Price
$1,499,000
Sold Price
$1,410,000
Premium/Discount to List
-$89,000
-5.94%
Views
43
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,680
Avg. Annual Appreciation
1.06%
Original Mortgage
$1,057,500
Outstanding Balance
$1,041,699
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$392,981
Purchase Details
Closed on
Mar 6, 2023
Sold by
Welch Diane Kelly
Bought by
Diane J Kelly Revocable Trust
Purchase Details
Closed on
Jun 25, 1998
Sold by
Edgerton John T and Edgerton Lynn H
Bought by
Welch Richard L W and Welch Diane Kelly
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.21%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gates Andrew L | $1,410,000 | Echelon Title Services | |
| Diane J Kelly Revocable Trust | $100 | -- | |
| Welch Richard L W | $289,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gates Andrew L | $1,057,500 | |
| Previous Owner | Welch Richard L W | $150,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/12/2024 04/12/24 | Sold | $1,410,000 | -5.9% | $416 / Sq Ft |
| 02/18/2024 02/18/24 | Pending | -- | -- | -- |
| 02/13/2024 02/13/24 | For Sale | $1,499,000 | -- | $442 / Sq Ft |
Source: Space Coast MLS (Space Coast Association of REALTORS®)
Tax History Compared to Growth
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 | $7,543 | $892,020 | -- | -- |
| 2024 | $7,370 | $476,050 | -- | -- |
| 2023 | $7,370 | $462,190 | $0 | $0 |
| 2022 | $6,946 | $448,730 | $0 | $0 |
| 2021 | $6,823 | $416,610 | $0 | $0 |
| 2020 | $6,825 | $410,860 | $0 | $0 |
| 2019 | $6,742 | $401,630 | $0 | $0 |
| 2018 | $6,787 | $394,150 | $0 | $0 |
| 2017 | $6,550 | $386,050 | $0 | $0 |
| 2016 | $6,614 | $378,110 | $252,240 | $125,870 |
| 2015 | $6,832 | $375,490 | $236,480 | $139,010 |
| 2014 | $6,890 | $372,510 | $189,180 | $183,330 |
Source: Public Records
Agents Affiliated with this Home
-
Rita Soni
-
Mike Davis
Buyer's Agent in 2024
Mike Davis
Davis Realty Group, LLC
(321) 720-7800
1 in this area
64 Total Sales
Map
Source: Space Coast MLS (Space Coast Association of REALTORS®)
MLS Number: 1004512
APN: 28-38-06-EQ-00085.0-0006.00
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