NOT LISTED FOR SALE

2575 Mcgraw Ave Melbourne, FL 32934

Estimated Value: $1,050,000 - $1,424,000

5 Beds
3 Baths
4,400 Sq Ft
$261/Sq Ft Est. Value

Last Sold December 21, 2018

Last sale price $641,000 $146 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $6,657/month

5 Days on Market

Highlights

  • Lake Front
  • Home fronts a pond
  • Open Floorplan
  • Screened Pool
  • 2.9 Acre Lot
  • Wood Flooring

About This Home

As of December 2018

A rare find nestled in nature on 2.9 acres in desirable Lake Washington. Pristine 5 bedroom, 3 full baths plus spacious loft over 3 car garage. Brand new carpet and wood flooring. Very spacious separate In-Law suite with two private entry ways. Custom Chef's dream kitchen opens up to great room with stone fireplace. Screened in heated pool and spa with nature all around. A very unique home!

Last Agent to Sell the Property

Lucy Bierlein

Karr Professional Group P.A. Listed on: 11/10/2018

Last Buyer's Agent

Adam Sortman

Blue Marlin Real Estate License #3384148

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1993

Lot Details

  • 2.9 Acre Lot
  • Home fronts a pond
  • Lake Front
  • West Facing Home

Parking

  • 3 Car Attached Garage
  • Circular Driveway

Property Views

  • Lake
  • Pond

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Asphalt
  • Stucco

Interior Spaces

  • 4,400 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Wood Burning Fireplace
  • Great Room
  • Family Room
  • Loft
  • Bonus Room
  • Screened Porch

Kitchen

  • Double Oven
  • Gas Range
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • In-Law or Guest Suite
  • 3 Full Bathrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Screened Pool
  • Heated Pool
  • Solar Heated Pool
  • Screen Enclosure

Outdoor Features

  • Patio
  • Shed

Additional Homes

  • Accessory Dwelling Unit (ADU)

Schools

  • Sabal Elementary School
  • Johnson Middle School
  • Eau Gallie High School

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 27-36-10-00-00506.0-0000.00

Home Details

Home Type

Single Family

Year Built

Built in 1993

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 1993
  • Reso Property Sub Type: Single Family Residence
  • Road Surface Type: Asphalt
  • Reso View: Lake, Pond, Water
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: None
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Reso Other Structures: Shed(s)
  • Location Tax and Legal Parcel Number2: 27-36-10-00-00506.0-0000.00
  • Location Tax and Legal Elementary School: Sabal
  • Location Tax and Legal Middle School2: Johnson
  • Location Tax and Legal High School: Eau Gallie
  • Location Tax and Legal Tax Year2: 2018
  • General Property Information Living Area2: 4400.0
  • General Property Information Building Area Total3: 4557.0
  • General Property Information Lot Size Acres: 2.9
  • General Property Information Lot Size Square Feet2: 126324.0
  • 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: West
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Flooring Wood: Yes
  • Levels One: Yes
  • Pool Features Private: Yes
  • Road Surface Type Asphalt: Yes
  • Roof:Shingle: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • ViewPond: Yes
  • Flooring Carpet: Yes
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • General Property Information Carport YN2: No
  • Other Structures Shed(s): Yes
  • Utilities Water Available: Yes
  • View Water3: Yes
  • Room Types Great Room: Yes
  • Pool Features Screen Enclosure: Yes
  • Pool Features Solar Heat: Yes
  • Room Types Family Room: Yes
  • Room Types Laundry: Yes
  • Interior Features Guest Suite: Yes
  • Pool Features Electric Heat: Yes
  • Room Types Bonus Room: Yes
  • Room Types Loft: Yes
  • Accessory Dwelling Information Dwelling Type: Apartment
  • Accessory Dwelling Information ADU Attached YN: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Ceiling Fan(s), Guest Suite, Kitchen Island, Open Floorplan, Pantry, Primary Bathroom - Tub with Shower, Primary Bathroom -Tub with Separate Shower, Primary Downstairs, Split Bedrooms, Walk-In Closet(s)
  • Flooring: Carpet, Tile, Wood
  • Appliances: Dishwasher, Disposal, Double Oven, Dryer, Gas Range, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Wood Burning, Other
  • ResoLivingAreaSource: Other
  • Appliances Dishwasher: Yes
  • Interior Features:Primary Downstairs: Yes
  • Appliances:Gas Range: Yes
  • Interior Features:Open Floorplan: 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
  • Appliances:Double Oven: Yes
  • Fireplace Features:Wood Burning: Yes

Exterior Features

  • Pool Features: Electric Heat, Private, Screen Enclosure, Solar Heat
  • Roof: Shingle
  • Acres: 2.9
  • Waterfront Features: Lake Front, Pond
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: West
  • Patio And Porch Features: Patio, Porch, Screened
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • View:Lake: Yes
  • Waterfront Features:Lake Front: Yes
  • Waterfront Features:Pond2: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: Attached, Circular Driveway
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 3.0
  • Parking Features:Attached: Yes
  • Parking Features:Circular Driveway: Yes

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: Johnson

Lot Info

  • Lot Size Sq Ft: 126324.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 27-36-10-00-00506.0-0000.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2018

MLS Schools

  • Elementary School: Sabal
  • High School: Eau Gallie

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2018
Closed on
Dec 21, 2018
Sold by
Milo Beau T and Milo Jennifer L
Bought by
Wiggins Carl and Wiggins William
Seller's Agent
Lucy Bierlein
Karr Professional Group P.A.
Buyer's Agent
Adam Sortman
Blue Marlin Real Estate
List Price
$649,900
Sold Price
$641,000
Premium/Discount to List
-$8,900
-1.37%
Current Estimated Value
$1,149,998

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$508,998
Avg. Annual Appreciation
8.62%
Original Mortgage
$446,000
Outstanding Balance
$393,720
Interest Rate
4.9%
Mortgage Type
New Conventional
Estimated Equity
$756,278

Purchase Details

Closed on
Apr 23, 2004
Sold by
Neeley William C and Neeley Kelly L
Bought by
Milo Beau T and Milo Jennifer L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
5.25%
Mortgage Type
Balloon

Purchase Details

Closed on
May 26, 1993
Sold by
Thompson Hugh D
Bought by
Neeley William C and Neeley Kelly L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,600
Interest Rate
7.45%

Purchase Details

Closed on
May 12, 1993
Sold by
Darling Angela L and Darling Arline Lois
Bought by
Thompson Hugh D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,600
Interest Rate
7.45%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wiggins Carl $641,000 Alliance Title Insurance Age
Milo Beau T $374,900 Union Title Corporation
Neeley William C $45,000 --
Thompson Hugh D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wiggins Carl $446,000
Previous Owner Milo Beau T $195,000
Previous Owner Neeley William C $134,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/21/2018 12/21/18 Sold $641,000 -1.4% $146 / Sq Ft
11/14/2018 11/14/18 Pending -- -- --
11/09/2018 11/09/18 For Sale $649,900 -- $148 / 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 $7,728 $630,750 -- --
2024 $7,628 $612,980 -- --
2023 $7,628 $595,130 $0 $0
2022 $7,116 $577,800 $0 $0
2021 $7,481 $560,980 $0 $0
2020 $7,452 $553,240 $159,500 $393,740
2019 $7,445 $540,820 $145,000 $395,820
2018 $4,137 $291,590 $0 $0
2017 $4,188 $285,600 $0 $0
2016 $4,271 $279,730 $116,000 $163,730
2015 $4,404 $277,790 $101,500 $176,290
2014 $4,439 $275,590 $101,500 $174,090
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 829401

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-36-10-00-00506.0-0000.00