NOT LISTED FOR SALE

2540 Coral Way Malabar, FL 32950

Estimated Value: $550,000 - $756,000

4 Beds
2.5 Baths
2,315 Sq Ft
$271/Sq Ft Est. Value

Last Sold April 12, 2013

Last sale price $215,000 $93 Per Sq Ft

Est. 192% increase in value since last sale

Current estimated payment $3,539/month

10 Days on Market

Highlights

  • Lake Front
  • In Ground Pool
  • RV Access or Parking
  • Boat Dock
  • Home fronts a pond
  • Vaulted Ceiling

About This Home

As of April 2013

Rocky Point, Malabars Most Desirable Waterfront Community awaits your presence! Original Owner Home, very rare in Florida. Fabulous pool home with private pool and pond. Kitchen has granite counter tops Home has been very well maintained. Wood burning fireplace in family room. Your home has skylights, French Doors, and a jetted tub to relax in. Privacy Fenced Back yard with a private pond.

Last Agent to Sell the Property

Marie Lachance

Regal Properties International License #3163488 Listed on: 02/22/2013

Last Buyer's Agent

Vickie Thomas

SouthStar Realty Assoc. Inc. License #3053226

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,686

Year Built

  • Built in 1988

Lot Details

  • 1.08 Acre Lot
  • Home fronts a pond
  • Lake Front
  • East Facing Home
  • Wood Fence
  • Corner Lot
  • Few Trees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • RV Access or Parking

Property Views

  • Water
  • Pool

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2,315 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Screened Porch

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Outdoor Features

  • In Ground Pool
  • Patio

Schools

  • Port Malabar Elementary School
  • Stone Middle School
  • Palm Bay High School

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 29380825000000002100

Community Details

Overview

  • Property has a Home Owners Association
  • Rocky Point Subdivision
  • Maintained Community

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,686

Year Built

Built in 1988

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1988
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • ResoLotFeatures: Corner Lot, Few Trees
  • Reso View: Pool, Water
  • ResoSecurityFeatures: Security System Owned, Smoke Detector(s)
  • Reso Association Amenities: Boat Dock, Maintenance Grounds, Management - Full Time
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Rocky Point
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 29380825000000002100
  • Location Tax and Legal Elementary School: Port Malabar
  • Location Tax and Legal Middle School2: Stone
  • Location Tax and Legal High School: Palm Bay
  • Location Tax and Legal Tax Annual Amount: 2685.6
  • General Property Information Living Area2: 2315.0
  • General Property Information Building Area Total3: 3513.0
  • General Property Information Lot Size Acres: 1.08
  • General Property Information Lot Size Square Feet2: 47044.8
  • General Property Information New Construction YN: No
  • General Property Information Waterfront YN: Yes
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: East
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Fencing Fenced2: Yes
  • Fencing Wood2: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • 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
  • Levels One: Yes
  • Pool Features In Ground: Yes
  • Pool Features Private: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Roof:Shingle: Yes
  • Security Features Smoke Detector(s): Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • View Pool: Yes
  • Flooring Carpet: Yes
  • Water Source Well: Yes
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • General Property Information Carport YN2: No
  • View Water3: Yes
  • Room Types Dining Room: Yes
  • Security Features Security System Owned: Yes
  • Room Types Family Room: Yes
  • Room Types Laundry: Yes
  • Room Types Living Room: Yes
  • General Property Information Lot Size Dimensions: 0 x 0
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen, His and Hers Closets, Primary Bathroom - Tub with Shower, Primary Bathroom -Tub with Separate Shower, Primary Downstairs, Skylight(s), Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
  • Flooring: Carpet, Tile, Wood
  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning, Other
  • ResoLivingAreaSource: PublicRecords
  • General Property Information Bathrooms Half: 1
  • Appliances Dishwasher: Yes
  • Interior Features:Primary Downstairs: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:His and Hers Closets: Yes
  • Fireplace Features:Wood Burning: Yes
  • Interior Features:Skylight(s): Yes

Exterior Features

  • Exterior Features: Storm Shutters
  • Pool Features: In Ground, Private, Other
  • Roof: Shingle
  • Fencing: Fenced, Wood
  • Acres: 1.08
  • Waterfront Features: Lake Front, Pond
  • Waterfront: Yes
  • Construction Type: Frame, Wood Siding
  • Direction Faces: East
  • Patio And Porch Features: Patio, Porch, Screened
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Exterior Features:Storm Shutters: Yes
  • Construction Materials:Frame: Yes
  • Construction Materials:Wood Siding: Yes
  • Waterfront Features:Lake Front: Yes
  • Waterfront Features:Pond2: Yes
  • Lot Features:Few Trees: Yes
  • Lot Features:Corner Lot: Yes
  • Construction Materials:Brick2: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage Door Opener, RV Access/Parking
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:RV AccessParking: Yes

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Cable Available, Electricity Connected
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Central: Yes
  • Heating:Electric3: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 100.0
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 100.0
  • Association Amenities:Boat Dock: Yes

Schools

  • Middle Or Junior School: Stone

Lot Info

  • Lot Dimensions: 0 x 0
  • Lot Size Sq Ft: 47044.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 29380825000000002100
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 2685.6

MLS Schools

  • Elementary School: Port Malabar
  • High School: Palm Bay

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2013
Closed on
Apr 12, 2013
Sold by
Mchugh Joseph John
Bought by
Warthen James D and Hansen Cassie L
Seller's Agent
Marie Lachance
Regal Properties International
Buyer's Agent
Vickie Thomas
SouthStar Realty Assoc. Inc.
List Price
$239,000
Sold Price
$215,000
Premium/Discount to List
-$24,000
-10.04%
Current Estimated Value
$626,838

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$411,838
Avg. Annual Appreciation
8.90%
Original Mortgage
$211,105
Outstanding Balance
$149,214
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$477,624

Purchase Details

Closed on
Jun 26, 2008
Sold by
Mchugh Joseph John
Bought by
Mchugh Joseph John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
6.27%

Purchase Details

Closed on
May 7, 2004
Sold by
Mchugh Joseph John
Bought by
Mchugh Joseph John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
5.54%

Purchase Details

Closed on
Apr 8, 2004
Sold by
Mchugh Joseph John
Bought by
Mchugh Joseph John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
5.54%

Purchase Details

Closed on
Aug 7, 1997
Sold by
Mchugh Joseph J
Bought by
Mchugh Joseph John
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
Warthen James D $215,000 Peninsula Title Services Llc
Mchugh Joseph John -- Attorney
Mchugh Joseph John -- Attorney
Mchugh Joseph John -- --
Mchugh Joseph John -- Peninsula Title Services Llc
Mchugh Joseph John -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Warthen James D $211,105
Previous Owner Mchugh Joseph John $35,000
Previous Owner Mchugh Joseph John $135,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/12/2013 04/12/13 Sold $215,000 -10.0% $93 / Sq Ft
03/03/2013 03/03/13 Pending -- -- --
02/21/2013 02/21/13 For Sale $239,000 -- $103 / 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 $3,094 $237,530 -- --
2024 $3,024 $230,840 -- --
2023 $3,024 $224,120 $0 $0
2022 $2,803 $217,600 $0 $0
2021 $2,520 $211,270 $0 $0
2020 $2,510 $208,360 $0 $0
2019 $2,476 $203,680 $0 $0
2018 $2,467 $199,890 $0 $0
2017 $2,489 $195,780 $0 $0
2016 $2,508 $191,760 $49,500 $142,260
2015 $2,575 $190,430 $49,500 $140,930
2014 $2,573 $188,920 $49,500 $139,420
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2013

    Marie Lachance

    Regal Properties International

    (321) 626-3524

    26 Total Sales

    Marie Lachance
    Section Image
  • Vickie Thomas

    Buyer's Agent in 2013

    Vickie Thomas

    SouthStar Realty Assoc. Inc.

    (321) 960-7446

    2 in this area

    19 Total Sales

    Vickie Thomas
    Section Image
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Map

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

MLS Number: 661297

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 29-38-08-25-00000.0-0021.00

Florida Brevard County Malabar 32950

2540 Coral Way, Malabar, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Space Coast MLS (Space Coast Association of REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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