NOT LISTED FOR SALE

262 Mcclain Dr Melbourne, FL 32904

Estimated Value: $450,000 - $471,000

4 Beds
2.5 Baths
2,252 Sq Ft
$204/Sq Ft Est. Value

Last Sold November 27, 2023

Last sale price $470,000 $209 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,813/month

10 Days on Market

Highlights

  • Lake Front
  • Home fronts a pond
  • Walk-In Closet
  • In Ground Pool
  • 2 Car Attached Garage
  • Kitchen Island

About This Home

As of November 2023

Beautiful home located in a peaceful neighborhood in West Melbourne. This immaculate residence offers 4 bedrooms, 2.5 bathrooms, large gathering areas, a baker's kitchen & a sparkling pool overlooking the pond. Unwind in the oversized primary suite that provides a soaking tub, a shower, & two walk in closets. Roof 2020, Fence 2022, Floors & Solar Panels 2021, Exterior Paint & Water Heater 2019. This home comes with a whole house generator, hurricane shutters and is minutes to L3Harris, Northrop Grumman, the beach & more.

Last Agent to Sell the Property

Waylon Duff

Keller Williams Space Coast License #3332230 Listed on: 10/25/2023

Keller Williams Space Coast

Last Buyer's Agent

Bonnie Scalero

Real Estate Solutions License #3329956

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,194

Year Built

  • Built in 2001

Lot Details

  • 9,148 Sq Ft Lot
  • Home fronts a pond
  • Lake Front
  • East Facing Home

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Lake
  • Pond
  • Pool

Home Design

  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,252 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Laminate Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Pool

  • In Ground Pool

Schools

  • University Park Elementary School
  • Central Middle School
  • Melbourne High School

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Community Details

  • Timber Ridge Subdivision Association
  • Timber Ridge Subdivision

Listing and Financial Details

  • Assessor Parcel Number 28-37-05-52-00000.0-0066.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,194

Year Built

Built in 2001

Lot Details

0

HOA Fees

$17 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2001
  • Reso Property Sub Type: Single Family Residence
  • Reso View: Lake, Pond, Pool, Water
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Timber Ridge Subdivision
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 28-37-05-52-00000.0-0066.00
  • Location Tax and Legal Elementary School: University Park
  • Location Tax and Legal Middle School2: Central
  • Location Tax and Legal High School: Melbourne
  • Location Tax and Legal Tax Annual Amount: 3193.6
  • Location Tax and Legal Tax Year2: 2022
  • General Property Information Living Area2: 2252.0
  • General Property Information Building Area Total3: 2714.0
  • General Property Information Lot Size Acres: 0.21
  • General Property Information Lot Size Square Feet2: 9148.0
  • 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: East
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Flooring Laminate: Yes
  • Pool Features In Ground: Yes
  • Pool Features Private: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • ViewPond: Yes
  • View Pool: Yes
  • Levels Two: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • Pets Allowed Call: Yes
  • View Water3: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Ceiling Fan(s), Kitchen Island, Pantry, Walk-In Closet(s)
  • Flooring: Laminate
  • Appliances: Dishwasher, Electric Range, Gas Water Heater, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • ResoLivingAreaSource: PublicRecords
  • General Property Information Bathrooms Half: 1
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Gas Water Heater: Yes

Exterior Features

  • Pool Features: In Ground, Private
  • Roof: Shingle
  • Acres: 0.21
  • Waterfront Features: Lake Front, Pond
  • Waterfront: Yes
  • Construction Type: Stucco
  • Direction Faces: East
  • Construction Materials:Stucco: Yes
  • View:Lake: Yes
  • Waterfront Features:Lake Front: Yes
  • Waterfront Features:Pond2: 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, Electric
  • 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 Fee: 200.0
  • Association Fee Frequency: Annually
  • Association Name: TIMBER RIDGE SUBDIVISION
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: TIMBER RIDGE SUBDIVISION
  • General Property Information:Association Fee: 200.0
  • General Property Information:Association Fee Frequency: Annually

Schools

  • Middle Or Junior School: Central

Lot Info

  • Lot Size Sq Ft: 9148.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 28-37-05-52-00000.0-0066.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3193.6

MLS Schools

  • Elementary School: University Park
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2023
Closed on
Nov 27, 2023
Sold by
Mccary William R and Mccary Schaeffer
Bought by
Busse Jake C and Alban Kayla
Seller's Agent
Waylon Duff
Keller Williams Space Coast
Buyer's Agent
Bonnie Scalero
Real Estate Solutions
List Price
$480,000
Sold Price
$470,000
Premium/Discount to List
-$10,000
-2.08%
Views
13
Current Estimated Value
$459,508

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,492
Avg. Annual Appreciation
-1.06%
Original Mortgage
$376,000
Outstanding Balance
$369,913
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$89,595

Purchase Details

Listed on
Mar 1, 2020
Closed on
May 22, 2020
Sold by
Gallo Martha W and Gallo Martha W
Bought by
Mccary William R and Mccary Schaeffer
Seller's Agent
Laura Burns
ITG Realty
Buyer's Agent
Sonya Inman
Blue Marlin Real Estate
List Price
$320,000
Sold Price
$317,500
Premium/Discount to List
-$2,500
-0.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.79%
Original Mortgage
$328,930
Interest Rate
3.3%
Mortgage Type
VA

Purchase Details

Closed on
Sep 26, 2012
Sold by
Gallo Martha W
Bought by
Gallo Martha W and Martha W Gallo Trust

Purchase Details

Closed on
Oct 25, 2001
Sold by
Maronda Homes Inc Fl
Bought by
Gallo Patrick S and Gallo Martha W
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Busse Jake C $470,000 Dockside Title
Mccary William R $317,500 Atypical Title Llc
Gallo Martha W -- Attorney
Gallo Patrick S $172,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Busse Jake C $376,000
Previous Owner Mccary William R $328,930
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/27/2023 11/27/23 Sold $470,000 -2.1% $209 / Sq Ft
10/26/2023 10/26/23 Pending -- -- --
10/25/2023 10/25/23 For Sale $480,000 0.0% $213 / Sq Ft
10/16/2023 10/16/23 Pending -- -- --
10/15/2023 10/15/23 For Sale $480,000 +51.2% $213 / Sq Ft
05/22/2020 05/22/20 Sold $317,500 +2.4% $141 / Sq Ft View Prior Sale
04/16/2020 04/16/20 Pending -- -- --
03/24/2020 03/24/20 Price Changed $310,000 -3.1% $138 / Sq Ft
03/01/2020 03/01/20 For Sale $320,000 -- $142 / 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 $4,720 $355,940 -- --
2024 $3,418 $365,380 -- --
2023 $3,418 $259,340 $0 $0
2022 $3,194 $251,790 $0 $0
2021 $3,354 $244,460 $55,000 $189,460
2020 $404 $148,120 $0 $0
2019 $399 $144,790 $0 $0
2018 $392 $142,100 $0 $0
2017 $360 $139,180 $0 $0
2016 $360 $136,320 $27,500 $108,820
2015 $360 $135,380 $27,500 $107,880
2014 $360 $134,310 $27,500 $106,810
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 977499

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-37-05-52-00000.0-0066.00