NOT LISTED FOR SALE

255 Madrid Ct Satellite Beach, FL 32937

Satellite Beach Area

Estimated Value: $701,000 - $1,112,000

4 Beds
2 Baths
2,109 Sq Ft
$436/Sq Ft Est. Value

Sale Details

Date Sold: June 19, 2020

Last sale price $700,000 $332 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $5,837 / mo

62 Days on Market

Highlights

  • Boathouse
  • Community Boat Dock
  • Boat Lift
  • Surfside Elementary School Rated 9+
  • Home fronts a seawall
  • In Ground Pool

About This Home

As of June 2020

Gorgeous renovated waterfront pool home, on a deep water canal just minutes from the Grand Canal. HUGE resurfaced pool with glass accent tile. Boat house with motorized lift rated for a 10,000LB boat, NEW SEAWALL, IMPACT WINDOWS. OPEN FLOOR PLAN, NEW hardwood look tile floors, NEW kitchen with Quartz countertops and breathtaking tile backsplash. NEW HVAC, tile roof was redone in 1999. Split floor plan with great views of the pool and canal. This renovation was very tastefully done with no expense spared, too many upgrades to list them all. Take a look at the virtual tour and Matterport. Hurry this one won't last! Listing agent is the owner.

Last Agent to Sell the Property

Anthony Gallo

Housing Market LLC Listed on: 03/08/2020

Last Buyer's Agent

Renata Anderson

EXIT 1st Class Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,292

Year Built

  • Built in 1975

Lot Details

  • 11,761 Sq Ft Lot
  • Home fronts a seawall
  • Home fronts navigable water
  • Home fronts a canal
  • West Facing Home
  • Wood Fence
  • Corner Lot
  • Front and Back Yard Sprinklers

HOA Fees

  • $31 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Tile Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,109 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Screened Porch
  • Canal Views
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Boat Lift
  • Boathouse
  • Patio

Schools

  • Surfside Elementary School
  • Delaura Middle School
  • Satellite High School

Utilities

  • Central Heating and Cooling System
  • Well
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 26-37-34-78-00000.0-0028.00

Community Details

Overview

  • Fountains Unit 2, The Association
  • Fountains Unit 2 The Subdivision
  • Maintained Community

Recreation

  • Community Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,292

Year Built

Built in 1975

Lot Details

0.27 Acres

HOA Fees

$31 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1975
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Corner Lot, Sprinklers In Front, Sprinklers In Rear
  • Reso View: Canal, Water
  • ResoSecurityFeatures: Smoke Detector(s)
  • Reso Association Amenities: Boat Dock, Maintenance Grounds
  • ResoSpecialListingConditions: Standard, Equitable Interest
  • Subdivision Name: Fountains Unit 2 The
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Reso Other Structures: Boat House
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen, His and Hers Closets, Kitchen Island, Open Floorplan, Pantry, Primary Downstairs, Walk-In Closet(s), Primary Bathroom - Tub with Shower, Split Bedrooms
  • Flooring: Tile, Vinyl
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Exterior Features: Boat Lift
  • Pool Features: In Ground, Other
  • Roof: Tile
  • Fencing: Wood, Fenced
  • Acres: 0.27
  • Pool Private: Yes
  • Waterfront Features: Canal Front, Navigable Water, Seawall
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: West
  • Patio And Porch Features: Patio, Porch, Screened

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage Door Opener

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Cable Available, Sewer Available, Water Available
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 375.0
  • Association Fee Frequency: Annually
  • Association Name: FOUNTAINS UNIT 2, THE
  • Association: Yes

Schools

  • Middle Or Junior School: DeLaura

Lot Info

  • Lot Size Sq Ft: 11761.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 26-37-34-78-00000.0-0028.00

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 7291.82

MLS Schools

  • Elementary School: Surfside
  • High School: Satellite

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2020
Closed on
Jun 19, 2020
Sold by
Bought by
Seller's Agent
Anthony Gallo
Housing Market LLC
Buyer's Agent
Renata Anderson
EXIT 1st Class Realty
List Price
$725,000
Sold Price
$700,000
Premium/Discount to List
-$25,000
-3.45%
Current Estimated Value
$920,184

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$220,184
Avg. Annual Appreciation
4.57%
Original Mortgage
$560,000
Interest Rate
0.032%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 2, 2019
Closed on
Nov 22, 2019
Sold by
Bought by
Seller's Agent
Mary Galvin
SouthStar Realty Assoc. Inc.
Buyer's Agent
Anthony Gallo
Gallo Realty Group LLC
List Price
$500,000
Sold Price
$450,000
Premium/Discount to List
-$50,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
114.21%
Original Mortgage
$534,800
Interest Rate
0.035%

Purchase Details

Closed on
Apr 9, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
0.0554%

Purchase Details

Closed on
Feb 5, 1997
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$700,000 Bella Title And Escrow Inc
$450,000 First International Ttl Inc
$450,000 American Pioneer Title
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $574,000
Closed $560,000
Previous Owner $534,800
Previous Owner $150,000
Previous Owner $360,000
Previous Owner $282,771
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/19/2020 06/19/20 Sold $700,000 -2.1% $332 / Sq Ft
05/08/2020 05/08/20 Pending -- -- --
03/28/2020 03/28/20 Price Changed $715,000 -1.4% $339 / Sq Ft
03/07/2020 03/07/20 For Sale $725,000 +61.1% $344 / Sq Ft
11/22/2019 11/22/19 Sold $450,000 -10.0% $213 / Sq Ft View Prior Sale
11/12/2019 11/12/19 Pending -- -- --
11/02/2019 11/02/19 For Sale $500,000 0.0% $237 / Sq Ft
09/27/2019 09/27/19 Pending -- -- --
08/26/2019 08/26/19 Price Changed $500,000 -16.0% $237 / Sq Ft
07/23/2019 07/23/19 Price Changed $595,000 -7.8% $282 / Sq Ft
07/17/2019 07/17/19 Price Changed $645,000 -7.2% $306 / Sq Ft
06/26/2019 06/26/19 For Sale $695,000 +54.4% $330 / Sq Ft
06/08/2019 06/08/19 Off Market $450,000 -- --
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $9,502 $564,700
2024 $9,401 $548,790
2023 $9,401 $532,810 $0 $0
2022 $8,870 $517,300 $0 $0
2021 $9,230 $502,240 $0 $0
2020 $10,592 $521,910 $260,000 $261,910
2019 $7,292 $389,910 $0 $0
2018 $7,254 $384,500 $0 $0
2017 $6,691 $371,200 $0 $0
2016 $6,364 $341,260 $220,000 $121,260
2015 $6,165 $311,540 $200,000 $111,540
2014 $5,835 $294,270 $175,000 $119,270
Source: Public Records

Agents Affiliated with this Home

  • R

    Buyer's Agent in 2020

    Renata Anderson

    EXIT 1st Class Realty

  • Mary Galvin

    Seller's Agent in 2019

    Mary Galvin

    SouthStar Realty Assoc. Inc.

    (321) 508-5729

    12 Total Sales

    Mary Galvin
    Section Image

  • A

    Buyer's Agent in 2019

    Anthony Gallo

    Housing Market LLC

    Section Image
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Map

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

MLS Number: 870275

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 26-37-34-78-00000.0-0028.00

Florida Brevard County Satellite Beach 32937

255 Madrid Ct, Satellite Beach, 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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