$240,000
SOLD JAN 29, 2014

2727 N Highway A1a Unit 504 Indialantic, FL 32903

2 Beds
2 Baths
1,464 Sq Ft
$450/mo HOA Fee

Recently Sold

$164 Per Sq Ft

25% Below List Price

121 Days on Market

Highlights

  • Ocean Front
  • In Ground Spa
  • Elevator
  • Indialantic Elementary School Rated A-
  • Clubhouse
  • Balcony

About This Home

As of June 2014

BANK APPROVED OFFER, AWAITING SELLER SIGNATURE. Looking for a view of Paradise, this is it. Sitting directly on the ocean with a spacious balcony, two bedrooms, two baths, dining area and living room, this condo is concrete block and the view is beautiful. Condo has garage and storage space. This property is eligible under the Freddie Mac First Look Initiative which gives owner occupants 15 days to place offers and then investors can place offers on 9/27/2013. Tenant is in place.

Last Agent to Sell the Property

Margaret Langon-Antiposti

Coldwell Banker Paradise License #3097632 Listed on: 09/12/2013

Last Buyer's Agent

Carolyn Schumann

Sebastian Realty, Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,472

Year Built

  • Built in 1982

Lot Details

  • Ocean Front
  • West Facing Home

HOA Fees

  • $450 Monthly HOA Fees

Parking

  • 1 Car Detached Garage

Home Design

  • Concrete Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,464 Sq Ft Home
  • Built-In Features
  • Tile Flooring

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Spa
  • Balcony

Schools

  • Indialantic Elementary School
  • Hoover Middle School
  • Melbourne High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 27-37-13-00-00791.3-0000.00

Community Details

Overview

  • Association fees include cable TV, pest control, sewer, trash, water
  • Association Phone (321) 777-6898
  • Ocean Sands N Condo Subdivision
  • Maintained Community
  • Car Wash Area
  • 6-Story Property

Amenities

  • Community Barbecue Grill
  • Clubhouse
  • Elevator

Recreation

  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,472

Year Built

Built in 1982

Lot Details

0

HOA Fees

$450 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1982
  • Reso Property Sub Type: Condominium
  • Road Surface Type: Concrete
  • Reso Association Amenities: Barbecue, Car Wash Area, Clubhouse, Elevator(s), Maintenance Grounds, Maintenance Structure, Management - Full Time
  • Reso Association Fee Includes: Cable TV, Pest Control, Sewer, Trash, Water
  • ResoSpecialListingConditions: Real Estate Owned
  • Subdivision Name: Ocean Sands N Condo
  • Carport Y N: No
  • Entry Level: 5
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 27-37-13-00-00791.3-0000.00
  • Location Tax and Legal Elementary School: Indialantic
  • Location Tax and Legal Middle School2: Hoover
  • Location Tax and Legal High School: Melbourne
  • Location Tax and Legal Tax Annual Amount: 3471.93
  • Location Tax and Legal Tax Year2: 2012
  • General Property Information Living Area2: 1464.0
  • General Property Information Lot Size Acres: 0.06
  • General Property Information Lot Size Square Feet2: 2614.0
  • 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 Microwave: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Flooring Tile: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Levels One: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Spa Features In Ground2: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • Pets Allowed Call: Yes
  • General Property Information Stories Total: 6
  • General Property Information Association Phone: 3217776898
  • Roof Concrete2: Yes
  • Special Listing Conditions Real Estate Owned: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Condos
  • Stories: 6

Interior Features

  • Interior Amenities: Breakfast Bar, Built-in Features, Split Bedrooms
  • Flooring: Tile
  • Spa Features: In Ground
  • Appliances: Dishwasher, Dryer, Electric Range, Microwave, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Stories: 6
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Pool Features:Community: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Built-in Features: Yes
  • Interior Features:Split Bedrooms: Yes

Exterior Features

  • Exterior Features: Balcony
  • Pool Features: Community
  • Roof: Concrete
  • Acres: 0.06
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: West
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Exterior Features:Balcony: Yes
  • Waterfront Features:Ocean Front: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Detached
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Detached: 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

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 450.0
  • Association Fee Frequency: Monthly
  • Phone: 321-777-6898
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 450.0
  • General Property Information:Association Fee Frequency: Monthly
  • Association Fee Includes:Cable TV: Yes
  • Association Fee Includes:Water: Yes
  • Association Amenities:Clubhouse: Yes
  • Association Amenities:Elevator(s): Yes
  • Association Fee Includes:Sewer: Yes
  • Association Fee Includes:Trash: Yes
  • Association Amenities:Barbecue: Yes
  • Association Amenities:Car Wash Area: Yes
  • Association Fee Includes:Pest Control: Yes

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Lot Size Sq Ft: 2614.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2715672
  • Parcel #: 27-37-13-00-00791.3-0000.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 3471.93

MLS Schools

  • Elementary School: Indialantic
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2014
Closed on
Jun 20, 2014
Sold by
Lee Kristen
Bought by
Golden Maureen H and Campbell Richard N
Seller's Agent
Carolyn Schumann
Carnu Realty LLC
Buyer's Agent
Tracy Warren
Premier Properties Real Estate
List Price
$324,900
Sold Price
$310,000
Premium/Discount to List
-$14,900
-4.59%
Current Estimated Value
$588,072

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$278,072
Avg. Annual Appreciation
6.07%

Purchase Details

Listed on
Sep 12, 2013
Closed on
Jan 28, 2014
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Lee Kristen
Seller's Agent
Margaret Langon-Antiposti
Coldwell Banker Paradise
Buyer's Agent
Carolyn Schumann
Sebastian Realty, Inc
List Price
$319,900
Sold Price
$240,000
Premium/Discount to List
-$79,900
-24.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
92.75%

Purchase Details

Closed on
Sep 10, 2013
Sold by
Regions Bank
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Apr 23, 2013
Sold by
Coleman Yvonne and Ocean Sands Jorth Condominium
Bought by
Regions Bank and Regions Mortgage

Purchase Details

Closed on
Jun 12, 2003
Sold by
Jones Robert D and Jones Maria C
Bought by
Coleman Yvonne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,400
Interest Rate
5.56%

Purchase Details

Closed on
Mar 20, 2002
Sold by
Jones Robert B and Jones Lucille M
Bought by
Jones Robert D and Jones Maria C
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $310,000 None Available
Warranty Deed $240,000 Attorney
Special Warranty Deed -- New House Title Llc
Warranty Deed -- Attorney
Warranty Deed $273,000 Alliance Title Brevard Llc
Quit Claim Deed $43,700 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $150,000 Credit Line Revolving
Previous Owner $208,000 Unknown
Previous Owner $100,000 Credit Line Revolving
Previous Owner $218,400 No Value Available
Previous Owner $50,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2014 06/19/14 Sold $310,000 -4.6% $212 / Sq Ft
05/27/2014 05/27/14 Pending -- -- --
05/23/2014 05/23/14 For Sale $324,900 +35.4% $222 / Sq Ft
01/29/2014 01/29/14 Sold $240,000 -25.0% $164 / Sq Ft
01/11/2014 01/11/14 Pending -- -- --
09/12/2013 09/12/13 For Sale $319,900 -- $219 / 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
2023 $5,514 $461,310 $0 $0
2022 $4,939 $444,430 $0 $0
2021 $4,215 $288,440 $0 $288,440
2020 $4,256 $288,440 $0 $288,440
2019 $4,729 $316,820 $0 $316,820
2018 $4,806 $313,690 $0 $313,690
2017 $4,734 $305,450 $0 $305,450
2016 $4,424 $262,490 $0 $0
2015 $4,219 $238,630 $0 $0
2014 $4,001 $220,960 $0 $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: 677799

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-37-13-00-00791.3-0000.00