NOT LISTED FOR SALE

298 Mcclain Dr Melbourne, FL 32904

Estimated Value: $386,000 - $519,000

3 Beds
2 Baths
2,028 Sq Ft
$219/Sq Ft Est. Value

Last Sold February 16, 2021

Last sale price $375,000 $185 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,707/month

163 Days on Market

Highlights

  • Lake Front
  • Home fronts a pond
  • 2 Car Attached Garage
  • Screened Pool
  • Breakfast Area or Nook
  • Separate Shower in Primary Bathroom

About This Home

As of February 2021

Pristine, Private, Lake front screened pool home in desirable West Melbourne. Open floor plan with eat in kitchen, breakfast bar, granite counters, Gas Stove. Formal living, dining & family rooms. Master boast Garden tub, step in shower & walk in closet. 21'enclosed Florida room that doubles as an open concept office with impact resistant PGT windows and unobstructed views of the pool & pond. Very tranquil and scenic. Screened heated salt water pool and spa run by Hayward Omnilogic smart control system. All pool and spa activities (Filter, clean, heat, schedule) controlled from a convenient mobile app. Price includes BRAND NEW ROOF BEING INSTALLED, newer HVAC, 5.1 Dolby Theater system with 85'' 4k TV, 8x Camera Security DVR system & motion sensing lights throughout to maximize energy efficiency and save on electricity. Mature landscaping, accoridan storm shutter, indoor laundry, sprinkler with well. This home is just minutes to the beach, historic downtown Melbourne shopping area and the intercoastal parks. Close to the Melbourne Square Mall, Northrop Grumman, Hospitals, restaurants and more. Main power panel was rewired, a new sub panel was added for expansion and added generator hook up outside in case of power outage.

Last Agent to Sell the Property

Jim Taranto

Dale Sorensen Real Estate Inc. Listed on: 06/09/2020

Last Buyer's Agent

Jack Brown

Blue Marlin Real Estate License #3222871

Blue Marlin Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,731

Year Built

  • Built in 2001

Lot Details

  • 9,148 Sq Ft Lot
  • Home fronts a pond
  • Lake Front
  • North Facing Home
  • Wood Fence

HOA Fees

  • $19 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Lake
  • Pond
  • Pool

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,028 Sq Ft Home
  • 1-Story Property
  • Partially Furnished
  • Ceiling Fan
  • Tile Flooring
  • Security System Leased
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Pool

  • Screened Pool
  • Heated In Ground Pool
  • Saltwater Pool
  • Screen Enclosure

Schools

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

Utilities

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

Community Details

  • Timber Ridge Subdivision Association
  • Timber Ridge Subdivision
  • Maintained Community

Listing and Financial Details

  • Assessor Parcel Number 28-37-05-52-00000.0-0052.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,731

Year Built

Built in 2001

Lot Details

0

HOA Fees

$19 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
  • ResoSecurityFeatures: Security System Leased
  • Reso Association Amenities: Management - Full Time
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Timber Ridge Subdivision
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 28-37-05-52-00000.0-0052.00
  • 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: 3730.85
  • Location Tax and Legal Tax Year2: 2019
  • General Property Information Living Area2: 2028.0
  • General Property Information Building Area Total3: 2519.0
  • 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: North
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Fencing Fenced2: Yes
  • Fencing Wood2: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • General Property Information Community Fee(s) YN: Yes
  • Levels One: Yes
  • Pets Allowed Yes: Yes
  • Pool Features In Ground: Yes
  • Pool Features Private: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • ViewPond: Yes
  • View Pool: Yes
  • Water Source Well: Yes
  • Water Source Public: Yes
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • View Water3: Yes
  • Interior Features Breakfast Nook: Yes
  • Pool Features Screen Enclosure: Yes
  • Room Types Laundry: Yes
  • Pool Features Electric Heat: Yes
  • Security Features Security System Leased: Yes
  • Utilities Natural Gas Connected: Yes
  • Pool Features Salt Water: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Nook, Ceiling Fan(s), Primary Bathroom - Tub with Shower, Primary Bathroom -Tub with Separate Shower, Split Bedrooms, Walk-In Closet(s)
  • Flooring: Tile
  • Appliances: Dishwasher, Electric Water Heater, Gas Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Gas Range: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Walk-In Closet(s): Yes

Exterior Features

  • Pool Features: Electric Heat, In Ground, Private, Salt Water, Screen Enclosure
  • Roof: Shingle
  • Fencing: Fenced, Wood
  • Acres: 0.21
  • Waterfront Features: Lake Front, Pond
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: North
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • 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
  • Utilities: Cable Available, Natural Gas Connected, Water Available
  • Heating: Central
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public, Well
  • Heating:Central: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 225.0
  • 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: 225.0
  • General Property Information:Association Fee Frequency: Annually

Schools

  • Middle Or Junior School: Central

Lot Info

  • Lot Size Sq Ft: 9148.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 28-37-05-52-00000.0-0052.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Partially

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 3730.85

MLS Schools

  • Elementary School: University Park
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 30, 2023
Sold by
Rome Rick G and Rome Lynn E
Bought by
Rick Rome and Lynn Despard
Current Estimated Value
$444,826

Purchase Details

Listed on
Jun 9, 2020
Closed on
Feb 16, 2021
Sold by
Wambolt Devin and Wambolt Caitlin
Bought by
Despard Lynn E and Rome Rick G
Seller's Agent
Jim Taranto
Dale Sorensen Real Estate Inc.
Buyer's Agent
Jack Brown
Blue Marlin Real Estate
List Price
$399,000
Sold Price
$375,000
Premium/Discount to List
-$24,000
-6.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.55%
Original Mortgage
$300,000
Interest Rate
2.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 21, 2015
Closed on
Jan 11, 2016
Sold by
Martinez Jesus E and Martinez Yoko T
Bought by
Wambolt Devin and Wambolt Caitlin
Seller's Agent
Andy Waterman
Waterman Real Estate, Inc.
Buyer's Agent
Jim Taranto
Keller Williams Realty Brevard
List Price
$259,900
Sold Price
$249,900
Premium/Discount to List
-$10,000
-3.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.28%
Original Mortgage
$199,920
Interest Rate
3.96%

Purchase Details

Closed on
Sep 26, 2001
Sold by
Maronda Homes Inc
Bought by
Martinez Jesus E and Martinez Yoko T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.87%
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
Rick Rome $100 None Listed On Document
Despard Lynn E $375,000 Supreme Title Solutions Llc
Wambolt Devin $249,900 Prestige Title Brevard Llc
Martinez Jesus E $129,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Despard Lynn E $300,000
Previous Owner Wambolt Devin $199,920
Previous Owner Martinez Jesus E $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/16/2021 02/16/21 Sold $375,000 -3.6% $185 / Sq Ft
11/19/2020 11/19/20 Pending -- -- --
09/14/2020 09/14/20 Price Changed $389,000 -2.5% $192 / Sq Ft
06/09/2020 06/09/20 For Sale $399,000 +59.7% $197 / Sq Ft
01/11/2016 01/11/16 Sold $249,900 0.0% $123 / Sq Ft View Prior Sale
12/04/2015 12/04/15 Pending -- -- --
12/02/2015 12/02/15 Price Changed $249,900 -3.8% $123 / Sq Ft
11/21/2015 11/21/15 For Sale $259,900 -- $128 / 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 $4,346 $351,440 -- --
2024 $4,295 $341,540 -- --
2023 $4,295 $331,600 $0 $0
2022 $4,015 $321,950 $0 $0
2021 $3,894 $248,030 $55,000 $193,030
2020 $3,635 $228,230 $44,000 $184,230
2019 $3,731 $227,400 $44,000 $183,400
2018 $2,969 $211,460 $0 $0
2017 $2,948 $207,120 $41,250 $165,870
2016 $3,294 $181,990 $27,500 $154,490
2015 $1,533 $134,450 $27,500 $106,950
2014 $1,531 $133,390 $27,500 $105,890
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 877477

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-37-05-52-00000.0-0052.00