NOT LISTED FOR SALE

242 Miami Ave Indialantic, FL 32903

Estimated Value: $763,000 - $1,011,000

4 Beds
2 Baths
2,757 Sq Ft
$305/Sq Ft Est. Value

Last Sold November 01, 2021

Last sale price $648,000 $235 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $5,222/month

57 Days on Market

Highlights

  • Sun or Florida Room
  • Great Room
  • Hurricane or Storm Shutters
  • Indialantic Elementary School Rated A-
  • No HOA
  • 2 Car Attached Garage

About This Home

As of November 2021

Beautiful updated home in the desirable *SOFA area* of Indialantic. Walk or golf cart it to the beach! Less than two blocks! This home features 4 LARGE bedrooms, & 2 beautifully updated bathrooms. The open floorplan centers around a large updated kitchen with granite counters & upgraded appliances. The master bedroom is oversized, with an en suite bathroom that should be in a magazine, fully updated with an oversized walk in shower. The home features a ton of storage with walk in closet in the master, walk in pantry, & huge laundry room. Enjoy the outdoor lifestyle with a fenced in yard (room for pool) , & soft Zoysia grass (subsurface irrigation system in both front & backyard).

Last Agent to Sell the Property

Lauren Merrell P.A.

Dale Sorensen Real Estate Inc. License #3212728 Listed on: 09/02/2021

Dale Sorensen Real Estate Inc.

Last Buyer's Agent

Dawn Garrison

Dale Sorensen Real Estate Inc. License #3462538

Dale Sorensen Real Estate Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,854

Year Built

  • Built in 1964

Lot Details

  • 0.3 Acre Lot
  • South Facing Home
  • Wood Fence
  • Front and Back Yard Sprinklers

Parking

  • 2 Car Attached Garage

Home Design

  • Metal Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,757 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Great Room
  • Dining Room
  • Sun or Florida Room
  • Hurricane or Storm Shutters
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Outdoor Features

  • Outdoor Shower
  • Patio

Schools

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

Utilities

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

Community Details

  • No Home Owners Association
  • Indialantic By The Sea Sec D Association
  • Indialantic By The Sea Sec D Subdivision

Listing and Financial Details

  • Assessor Parcel Number 28-38-06-25-00089.0-0016.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,854

Year Built

Built in 1964

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1964
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Sprinklers In Front, Sprinklers In Rear
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Indialantic By The Sea Sec D
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 28-38-06-25-00089.0-0016.00
  • 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: 4853.95
  • Location Tax and Legal Tax Year2: 2020
  • General Property Information Living Area2: 2757.0
  • General Property Information Building Area Total3: 3360.0
  • General Property Information Lot Size Acres: 0.3
  • General Property Information Lot Size Square Feet2: 13068.0
  • 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: South
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Fencing Fenced2: Yes
  • Fencing Wood2: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Levels One: Yes
  • Pets Allowed Yes: Yes
  • Sewer:Public Sewer: Yes
  • Flooring Carpet: Yes
  • Water Source Well: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • Room Types Dining Room: Yes
  • Room Types Great Room: Yes
  • Room Types Laundry: Yes
  • Room Types Florida Room: Yes
  • Flooring Vinyl: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Pantry, Primary Bathroom - Tub with Shower, Primary Downstairs, Split Bedrooms, Walk-In Closet(s)
  • Flooring: Carpet, Vinyl
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning, Other
  • Total Bedrooms: 9
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Interior Features:Primary Downstairs: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Fireplace Features:Wood Burning: Yes

Exterior Features

  • Exterior Features: Outdoor Shower, Storm Shutters
  • Pool Features: None
  • Roof: Metal
  • Fencing: Fenced, Wood
  • Acres: 0.3
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: South
  • Patio And Porch Features: Patio
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio And Porch Features:Patio: Yes
  • Exterior Features:Storm Shutters: Yes
  • Exterior Features:Outdoor Shower: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Lot Features:Sprinklers In Rear: Yes
  • ConstructionSiding:Roof Metal: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Attached: Yes

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public, Well
  • Heating:Central: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Name: INDIALANTIC BY THE SEA SEC D
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No
  • General Property Information:Association Name: INDIALANTIC BY THE SEA SEC D

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Lot Size Sq Ft: 13068.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2846857
  • Parcel #: 28-38-06-25-00089.0-0016.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 4853.95

MLS Schools

  • Elementary School: Indialantic
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2021
Closed on
Nov 1, 2021
Sold by
Wortman Robert and Wortman Kira
Bought by
Craigo Daniel and Craigo Lisa
Seller's Agent
Lauren Merrell P.A.
Dale Sorensen Real Estate Inc.
Buyer's Agent
Dawn Garrison
Dale Sorensen Real Estate Inc.
List Price
$680,000
Sold Price
$648,000
Premium/Discount to List
-$32,000
-4.71%
Current Estimated Value
$840,497

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,497
Avg. Annual Appreciation
6.74%
Original Mortgage
$648,000
Outstanding Balance
$590,916
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$249,581

Purchase Details

Closed on
Aug 6, 2018
Sold by
Grant Travis L and Grant Kathryn W
Bought by
Wortman Robert and Wortman Kira

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$456,950
Interest Rate
4.5%

Purchase Details

Listed on
Sep 17, 2011
Closed on
May 8, 2012
Sold by
Mckendree Ronald B and Gottfried Michael S
Bought by
Grant Travis L and Grant Kathryn W
Seller's Agent
Diane DeMeria
Atlantic Real Estate Brokerage
List Price
$345,000
Sold Price
$301,500
Premium/Discount to List
-$43,500
-12.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.90%
Original Mortgage
$293,856
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
May 28, 2011
Sold by
Craig Lisa Ashley and Dorothy J Ashley Trust
Bought by
Mckendree Ronald B and Gottfried Michael S

Purchase Details

Closed on
Sep 8, 2009
Sold by
Ashley Dorothy J and Ashley Declaration O Dorothy J
Bought by
Ashley Dorothy J

Purchase Details

Closed on
Mar 26, 2009
Sold by
Ashley Dorothy J
Bought by
Ashley Dorothy J and Ashley Declaration O Dorothy J
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
Craigo Daniel $648,000 The Closing Place Inc
Wortman Robert $481,000 None Available
Grant Travis L $301,500 State Title
Mckendree Ronald B $185,000 State Title Partners Llp
Ashley Dorothy J -- Attorney
Ashley Dorothy J -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Craigo Daniel $648,000
Previous Owner Wortman Robert $456,950
Previous Owner Grant Travis L $293,856
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/01/2021 11/01/21 Sold $648,000 -1.8% $235 / Sq Ft
09/10/2021 09/10/21 Pending -- -- --
09/10/2021 09/10/21 Price Changed $660,000 -2.9% $239 / Sq Ft
09/02/2021 09/02/21 For Sale $680,000 +4.9% $247 / Sq Ft
09/01/2021 09/01/21 Off Market $648,000 -- --
08/26/2021 08/26/21 Price Changed $680,000 -1.1% $247 / Sq Ft
08/16/2021 08/16/21 Price Changed $687,500 -1.1% $249 / Sq Ft
07/19/2021 07/19/21 Price Changed $695,000 -2.8% $252 / Sq Ft
07/15/2021 07/15/21 For Sale $715,000 +137.1% $259 / Sq Ft
05/08/2012 05/08/12 Sold $301,500 -12.6% $126 / Sq Ft View Prior Sale
03/05/2012 03/05/12 Pending -- -- --
09/17/2011 09/17/11 For Sale $345,000 -- $144 / 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 $9,767 $672,500 -- --
2024 $9,634 $599,050 -- --
2023 $9,634 $586,240 $0 $0
2022 $8,984 $569,170 $0 $0
2021 $4,856 $307,660 $0 $0
2020 $4,854 $303,420 $0 $0
2019 $4,791 $296,600 $0 $0
2018 $3,759 $235,600 $0 $0
2017 $3,626 $230,760 $0 $0
2016 $3,655 $226,020 $162,720 $63,300
2015 $3,772 $224,450 $152,550 $71,900
2014 $3,800 $222,670 $122,040 $100,630
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 910480

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-38-06-25-00089.0-0016.00