NOT LISTED FOR SALE

2540 Addison Dr Melbourne, FL 32940

Estimated Value: $520,000 - $601,000

4 Beds
3.5 Baths
2,307 Sq Ft
$247/Sq Ft Est. Value

Last Sold October 31, 2024

Last sale price $595,000 $258 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $3,754/month

181 Days on Market

Highlights

  • In Ground Pool
  • Open Floorplan
  • Wood Flooring
  • Quest Elementary School Rated A-
  • Clubhouse
  • Tennis Courts

About This Home

As of October 2024

MOTIVATED SELLER! Low maintenance courtyard style and practically brand new with endless upgrades! The spacious open floor plan includes a kitchen with white quartz, a huge island, porcelain farmhouse sink, dual tone cabinetry, black SS appliances, a walk in pantry and cafe. Boasting high ceilings, 8 ft doors, 5.25 baseboards, champagne bronze light fixures, engineered hard wood flooring/tile throughout. NO CARPETS! A master with 2 walk in closets, huge walk in shower, garden tub and a romantic balcony overlooking the courtyard. Plenty of natural lighting with ample windows and 3 sets of french doors to the private paver courtyard, you will love the privacy! Plumbed for a summer kitchen and endless gas for your fire pit! Conveniently nestled across the street from Addison Club House where the fun never ends with pickle ball, tennis, basketball, 2 pools, activities, parks and more! A Rated schools, 5 star hospital, great restaurants, shopping & easy access to highway

Last Agent to Sell the Property

Julie Palladino

HomeSmart Coastal Realty License #3375788 Listed on: 08/05/2024

HomeSmart Coastal Realty

Last Buyer's Agent

Non-Member Non-Member Out Of Area

Non-MLS or Out of Area License #nonmls

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,359

Year Built

  • Built in 2022

Lot Details

  • 3,920 Sq Ft Lot
  • South Facing Home
  • Wrought Iron Fence
  • Many Trees

HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • On-Street Parking

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,307 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Ceiling Fan
  • Entrance Foyer

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Dual Closets
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Home Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Outdoor Features

  • In Ground Pool
  • Covered Patio or Porch

Schools

  • Quest Elementary School
  • Delaura Middle School
  • Viera High School

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 26-36-16-51-0000n.0-0003.00

Community Details

Overview

  • $77 Other Monthly Fees
  • Fairway Managment Association
  • Reeling Park Subdivision
  • Maintained Community

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Pickleball Courts
  • Community Playground
  • Community Pool
  • Children's Pool
  • Park
  • Dog Park
  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,359

Year Built

Built in 2022

Lot Details

0

HOA Fees

$250 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2022
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Upper Level, Washer Hookup
  • ResoLotFeatures: Many Trees
  • ResoSecurityFeatures: Smoke Detector(s)
  • Reso Association Amenities: Basketball Court, Children's Pool, Clubhouse, Dog Park, Jogging Path, Maintenance Grounds, Park, Pickleball, Playground, Tennis Court(s)
  • Reso Association Fee Includes: Other
  • ResoSpecialListingConditions: Owner Licensed RE, Standard
  • Subdivision Name: Reeling Park
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 26-36-16-51-0000n.0-0003.00
  • Location Tax and Legal Elementary School: Quest
  • Location Tax and Legal Middle School2: DeLaura
  • Location Tax and Legal High School: Viera
  • Location Tax and Legal Tax Annual Amount: 5358.54
  • Location Tax and Legal Tax Year2: 2023
  • General Property Information Living Area2: 2307.0
  • General Property Information Lot Size Acres: 0.09
  • General Property Information Lot Size Square Feet2: 3920.0
  • 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
  • Cooling:Electric: Yes
  • Flooring Tile: Yes
  • General Property Information Community Fee(s) YN: Yes
  • General Property Information Other Fee(s) Amount: 230.0
  • Appliances Dryer: Yes
  • Washers: Yes
  • Flooring Wood: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Pets Allowed Yes: Yes
  • Pool Features In Ground: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Roof:Shingle: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Utilities Electricity Connected: Yes
  • Water Source Public: Yes
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • General Property Information Carport YN2: No
  • Utilities Natural Gas Connected: Yes
  • Fencing Wrought Iron: Yes
  • Interior Features Jack and Jill Bath: Yes
  • Utilities Sewer Connected: Yes
  • Association Amenities Children's Pool: Yes
  • General Property Information CDD Fee YN: No
  • Utilities Cable Connected: Yes
  • Utilities Water Connected: Yes
  • General Property Information Stories2: 2
  • Laundry Features Upper Level: Yes
  • Special Features: 4098
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Breakfast Bar, Built-in Features, Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, His and Hers Closets, Jack and Jill Bath, Kitchen Island, Open Floorplan, Pantry, Primary Bathroom -Tub with Separate Shower, Split Bedrooms, Walk-In Closet(s)
  • Flooring: Tile, Wood
  • Appliances: Dishwasher, Disposal, Dryer, Gas Range, Microwave, Refrigerator, Tankless Water Heater, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords
  • General Property Information Bathrooms Half: 1
  • Appliances Dishwasher: Yes
  • Appliances:Gas Range: Yes
  • Appliances:Tankless Water Heater: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Open Floorplan: Yes
  • Pool Features:Community: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Built-in Features: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:His and Hers Closets: Yes
  • Interior Features:Entrance Foyer: Yes

Exterior Features

  • Exterior Features: Storm Shutters
  • Pool Features: Community, In Ground
  • Roof: Shingle
  • Fencing: Wrought Iron
  • Acres: 0.09
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: South
  • Patio And Porch Features: Covered, Patio
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio And Porch Features:Patio: Yes
  • Exterior Features:Storm Shutters: Yes
  • Lot Features:Many Trees: Yes
  • Patio And Porch Features:Covered2: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, Garage Door Opener, On Street
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:On Street: Yes

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association #2 Fee: 662.33
  • Association #2 Fee Frequency: Annually
  • Association Fee: 585.0
  • Association Fee Frequency: Quarterly
  • Association Name: Fairway Managment
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: Fairway Managment
  • General Property Information:Association Fee: 585.0
  • General Property Information:Association Fee Frequency: Quarterly
  • General Property Information:Association Fee 2: 662.33
  • General Property Information:Association Fee 2 Frequency: Annually
  • Association Amenities:Clubhouse: Yes
  • Association Amenities:Basketball Court: Yes
  • Association Amenities:Jogging Path: Yes
  • Association Amenities:Tennis Court(s)2: Yes
  • Association Amenities:Park: Yes
  • Association Amenities:Playground: Yes
  • Association Amenities:Dog Park: Yes
  • Association Amenities:Pickleball: Yes

Schools

  • Middle Or Junior School: DeLaura

Lot Info

  • Current Use: Residential, Single Family
  • Lot Size Sq Ft: 3920.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 26-36-16-51-0000n.0-0003.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 5358.54

MLS Schools

  • Elementary School: Quest
  • High School: Viera

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2024
Closed on
Oct 31, 2024
Sold by
Palladino Manilai J and Sourakakone Manilai J
Bought by
Hudson Patricia L
Seller's Agent
Julie Palladino
HomeSmart Coastal Realty
Buyer's Agent
Non-Member Non-Member Out Of Area
Non-MLS or Out of Area
List Price
$609,000
Sold Price
$595,000
Premium/Discount to List
-$14,000
-2.3%
Views
57
Current Estimated Value
$569,528

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$25,472
Avg. Annual Appreciation
-4.28%
Original Mortgage
$595,000
Outstanding Balance
$588,652
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
-$19,124

Purchase Details

Listed on
Apr 12, 2022
Closed on
Apr 4, 2022
Sold by
Viera Builders Inc
Bought by
Palladino Manilai J
Seller's Agent
New Construction
Non-MLS or Out of Area
Buyer's Agent
Julie Palladino
BHHS Florida Realty
List Price
$467,787
Sold Price
$467,787

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.77%
Original Mortgage
$444,350
Interest Rate
3.92%
Mortgage Type
New Conventional
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
Hudson Patricia L $595,000 First International Title
Palladino Manilai J $467,800 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hudson Patricia L $595,000
Previous Owner Palladino Manilai J $444,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/31/2024 10/31/24 Sold $595,000 -2.3% $258 / Sq Ft
08/05/2024 08/05/24 For Sale $609,000 +2.4% $264 / Sq Ft
08/03/2024 08/03/24 Off Market $595,000 -- --
07/31/2024 07/31/24 Price Changed $609,000 -1.8% $264 / Sq Ft
06/04/2024 06/04/24 Price Changed $620,000 -2.4% $269 / Sq Ft
05/13/2024 05/13/24 Price Changed $635,000 -2.3% $275 / Sq Ft
05/04/2024 05/04/24 Price Changed $650,000 -2.5% $282 / Sq Ft
04/04/2024 04/04/24 For Sale $667,000 +42.6% $289 / Sq Ft
04/04/2022 04/04/22 Sold $467,787 0.0% $203 / Sq Ft View Prior Sale
04/04/2022 04/04/22 Pending -- -- --
04/04/2022 04/04/22 For Sale $467,787 -- $203 / 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 $6,106 $470,990 -- --
2024 $5,359 $437,770 -- --
2023 $5,359 $406,370 $60,000 $346,370
2022 $1,110 $60,000 $0 $0
2021 $652 $40,000 $40,000 $0
2020 $666 $40,000 $40,000 $0
2019 $683 $40,000 $40,000 $0
2018 $61 $4,300 $4,300 $0
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 1009776

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 26-36-16-51-0000N.0-0003.00