NOT LISTED FOR SALE

305 E Melbourne Ave Melbourne, FL 32901

Estimated Value: $1,738,000 - $1,849,873

4 Beds
4 Baths
3,592 Sq Ft
$503/Sq Ft Est. Value

Last Sold November 06, 2023

Last sale price $1,850,000 $515 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $11,416/month

2 Days on Market

Highlights

  • Private Pool
  • 1.44 Acre Lot
  • Vaulted Ceiling
  • Home fronts a creek
  • Canal View
  • Wood Flooring

About This Home

As of November 2023

Serenity now! RARE waterfront estate, walking distance to downtown Melbourne! As you make your way down the winding paver driveway, allow the picturesque surroundings to melt away the stresses of the day. Sitting on 1.44 acres of lush landscape, this beautifully designed 4 bed, 4 bath, 3 car garage, block home is magazine ready! Many architectural features grace this home, such as numerous windows and french doors to bring the outdoors in, 12 ft ceilings, cherry wood floors, tray ceilings with cove lighting, and extensive crown molding. The dreamy primary bedroom has french doors to the screened lanai, equipped with a summer kitchen, and heated pool with spa. The spacious primary bath has room to relax and unwind, with plenty of storage space. Guest suite upstairs with kitchenette would make a great generational living space or game room. It even has a tranquil wraparound balcony. This property is your own private sanctuary, complete with an abundance of Florida wildlife. Cement tile roof 2019, fresh paint inside and out, fully fenced yard, RV hookup with sewer (see features sheet in docs for more updates). Walking distance to shopping, dining, and nightlife. 10 mins to the beach, about an hour to Orlando.

Last Agent to Sell the Property

Dominique Mahler

Florida Homes Rlty. & Mtg. LLC Listed on: 09/23/2023

Last Buyer's Agent

Barbara Wall

BHHS Florida Realty License #345418

BHHS Florida Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,420

Year Built

  • Built in 2002

Lot Details

  • 1.44 Acre Lot
  • Home fronts a creek
  • North Facing Home

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Tile Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 3,592 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace
  • Canal Views

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Double Convection Oven
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 4 Full Bathrooms
  • Solar Tube

Laundry

  • Dryer
  • Washer

Pool

  • Private Pool

Schools

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

Community Details

  • No Home Owners Association
  • Myles Estate Amended Plat Association
  • Myles Estate Amended Plat Subdivision

Listing and Financial Details

  • Assessor Parcel Number 28-37-03-50-00000.0-0017.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,420

Year Built

Built in 2002

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 2002
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • ResoLotFeatures: Other
  • Reso View: Canal, Water
  • Water Body Name: Crane Creek
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Myles Estate Amended Plat
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 28-37-03-50-00000.0-0017.00
  • Location Tax and Legal Elementary School: University Park
  • Location Tax and Legal Middle School2: Hoover
  • Location Tax and Legal High School: Melbourne
  • Location Tax and Legal Tax Annual Amount: 20419.8
  • Location Tax and Legal Tax Year2: 2022
  • General Property Information Living Area2: 3592.0
  • General Property Information Building Area Total3: 4643.0
  • General Property Information Lot Size Acres: 1.44
  • General Property Information Lot Size Square Feet2: 62726.0
  • 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 Microwave: Yes
  • Appliances Refrigerators: Yes
  • Flooring Tile: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Flooring Wood: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Pets Allowed Yes: Yes
  • Pool Features Private: Yes
  • Sewer:Public Sewer: Yes
  • Levels Two: Yes
  • Water Source Public: Yes
  • Roof:Tile2: Yes
  • General Property Information Carport YN2: No
  • View Water3: Yes
  • Interior Features Breakfast Nook: Yes
  • Flooring Vinyl: Yes
  • ViewCanal: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Bar, Breakfast Nook, Built-in Features, Ceiling Fan(s), Central Vacuum, Pantry, Solar Tube(s), Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar
  • Flooring: Tile, Vinyl, Wood
  • Appliances: Convection Oven, Dishwasher, Disposal, Double Oven, Dryer, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Other
  • ResoLivingAreaSource: PublicRecords
  • Appliances:Convection Oven: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Built-in Features: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Double Oven: Yes
  • Interior Features:Solar Tube(s): Yes
  • Interior Features:Wet Bar: Yes
  • Interior Features:Central Vacuum: Yes

Exterior Features

  • Pool Features: Private
  • Roof: Tile
  • Acres: 1.44
  • Waterfront Features: Creek
  • Waterfront: Yes
  • Construction Type: Block, Concrete
  • Direction Faces: North
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Lot Features:Other21: Yes
  • Waterfront Features:Creek: Yes
  • Construction Materials:Brick2: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: Attached, Garage Door Opener
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 3.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association Name: MYLES ESTATE AMENDED PLAT
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No
  • General Property Information:Association Name: MYLES ESTATE AMENDED PLAT

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Lot Size Sq Ft: 62726.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 28-37-03-50-00000.0-0017.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 20419.8

MLS Schools

  • Elementary School: University Park
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 11, 2023
Sold by
Bomalaski Laura
Bought by
Lane Rachel and Lane Paige
Current Estimated Value
$1,805,624

Purchase Details

Listed on
May 17, 2021
Closed on
Jul 28, 2021
Sold by
Titus Peter A
Bought by
Bomalaski John and Bomalaski Laura
Seller's Agent
Joseph Friedman
Keller Williams Realty Brevard
Buyer's Agent
Dominique Mahler
Keller Williams Realty Brevard
List Price
$1,600,000
Sold Price
$1,560,000
Premium/Discount to List
-$40,000
-2.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.38%
Original Mortgage
$1,248,000
Interest Rate
2.12%

Purchase Details

Listed on
May 17, 2021
Closed on
Jul 23, 2021
Sold by
Hicks Leah A
Bought by
Bomalaski John and Bomalaski Laura
Seller's Agent
Joseph Friedman
Keller Williams Realty Brevard
Buyer's Agent
Dominique Mahler
Keller Williams Realty Brevard
List Price
$1,600,000
Sold Price
$1,560,000
Premium/Discount to List
-$40,000
-2.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,248,000
Interest Rate
2.12%

Purchase Details

Closed on
Feb 1, 2017
Bought by
Titus Stephen

Purchase Details

Closed on
Apr 12, 2001
Sold by
Beadle James P
Bought by
Titus Stephen D and Titus Ann M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lane Rachel $415,000 Prestige Title
Bomalaski John $1,560,000 State Title Partners Llp
Bomalaski John $1,560,000 State Title Partners Llp
Titus Stephen -- --
Titus Stephen D $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bomalaski John $1,248,000
Previous Owner Bomalaski John $1,248,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/06/2023 11/06/23 Sold $1,850,000 -7.0% $515 / Sq Ft
09/26/2023 09/26/23 Pending -- -- --
09/23/2023 09/23/23 For Sale $1,990,000 +27.6% $554 / Sq Ft
08/04/2021 08/04/21 Sold $1,560,000 -2.5% $434 / Sq Ft View Prior Sale
06/17/2021 06/17/21 Pending -- -- --
05/17/2021 05/17/21 For Sale $1,600,000 0.0% $446 / Sq Ft
05/11/2021 05/11/21 Pending -- -- --
05/05/2021 05/05/21 For Sale $1,600,000 -- $446 / 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 $23,477 $1,436,750 -- --
2024 $21,501 $1,396,260 -- --
2023 $21,501 $1,266,300 $0 $0
2022 $20,420 $1,229,420 $0 $0
2021 $11,780 $648,250 $227,760 $420,490
2020 $7,874 $470,800 $0 $0
2019 $7,973 $460,220 $0 $0
2018 $7,977 $451,640 $0 $0
2017 $8,017 $442,360 $0 $0
2016 $8,277 $433,270 $171,060 $262,210
2015 $8,449 $430,260 $171,060 $259,200
2014 $8,329 $426,850 $164,760 $262,090
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 975654

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-37-03-50-00000.0-0017.00