NOT LISTED FOR SALE

308 Hibiscus Trail Melbourne Beach, FL 32951

Estimated Value: $666,364 - $783,000

4 Beds
3 Baths
2,297 Sq Ft
$320/Sq Ft Est. Value

Last Sold May 13, 2016

Last sale price $328,000 $143 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $4,566/month

54 Days on Market

Highlights

  • Open Floorplan
  • No HOA
  • Separate Shower in Primary Bathroom
  • Gemini Elementary School Rated A-
  • 4 Car Attached Garage
  • Walk-In Closet

About This Home

As of May 2016

4 Bedroom, 3 Bath Concrete Block Home on .28 Acre Lot. 2327 Sq. Ft. Under Air. Built in 1957. 2 Car Garage. Great home with 2 Master Bedrooms within walking distance of the ocean. Tons of living space with fenced in yard. Come enjoy Island Living! This is a Fannie Mae HomePath property.

Last Agent to Sell the Property

Lynn Burley

Burley Properties License #3105875 Listed on: 02/12/2016

Last Buyer's Agent

Patrice Cano

RE/MAX Solutions License #3123146

RE/MAX Solutions

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,107

Year Built

  • Built in 1957

Lot Details

  • 0.28 Acre Lot
  • East Facing Home
  • Wood Fence

Parking

  • 4 Car Attached Garage

Home Design

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

Interior Spaces

  • 2,297 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Family Room
  • Living Room
  • Dining Room
  • Washer and Gas Dryer Hookup

Kitchen

  • Breakfast Bar
  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Outdoor Features

  • Patio

Schools

  • Gemini Elementary School
  • Hoover Middle School
  • Melbourne High School

Utilities

  • Cooling Available
  • Heating Available
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Island Shores Of Melbourne Beach Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 28-38-06-75-00012.0-0010.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,107

Year Built

Built in 1957

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Year Built: 1957
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Road Surface Type: Asphalt
  • ResoSpecialListingConditions: Real Estate Owned
  • Subdivision Name: Island Shores of Melbourne Beach
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 28-38-06-75-00012.0-0010.00
  • Location Tax and Legal Elementary School: Gemini
  • Location Tax and Legal Middle School2: Hoover
  • Location Tax and Legal High School: Melbourne
  • Location Tax and Legal Tax Annual Amount: 5107.32
  • Location Tax and Legal Tax Year2: 2015
  • General Property Information Living Area2: 2297.0
  • General Property Information Building Area Total3: 2737.0
  • General Property Information Lot Size Acres: 0.28
  • General Property Information Lot Size Square Feet2: 12197.0
  • General Property Information New Construction YN: No
  • General Property Information Waterfront YN: No
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: East
  • Appliances Refrigerators: Yes
  • Cooling:Electric: Yes
  • Fencing Fenced2: Yes
  • Fencing Wood2: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Levels One: Yes
  • Road Surface Type Asphalt: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Electricity Connected: Yes
  • Flooring Carpet: Yes
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • Room Types Dining Room: Yes
  • Room Types Family Room: Yes
  • Room Types Living Room: Yes
  • General Property Information Lot Size Dimensions: 105.0 ft x 115.0 ft
  • Special Listing Conditions Real Estate Owned: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Bar, Open Floorplan, Pantry, Primary Bathroom - Tub with Shower, Primary Bathroom -Tub with Separate Shower, Split Bedrooms, Walk-In Closet(s)
  • Flooring: Carpet, Tile
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Refrigerator
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Total Bedrooms: 8
  • ResoLivingAreaSource: Other
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Walk-In Closet(s): Yes

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Fencing: Fenced, Wood
  • Acres: 0.28
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: East
  • Patio And Porch Features: Patio
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Parking Features: Attached
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 4.0
  • Parking Features:Attached: Yes

Utilities

  • Cooling: Electric
  • Utilities: Electricity Connected, Water Available
  • Heating: Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Lot Dimensions: 105.0 ft x 115.0 ft
  • Lot Size Sq Ft: 12197.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2847132
  • Parcel #: 28-38-06-75-00012.0-0010.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 5107.32

MLS Schools

  • Elementary School: Gemini
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 2, 2020
Sold by
Dean Bonnie M
Bought by
Dean Bonnie M and Hendricksen Jeffrey A
Current Estimated Value
$735,341

Purchase Details

Listed on
Feb 12, 2016
Closed on
May 10, 2016
Sold by
Federal National Mortgage Association
Bought by
Dean Bonnie M
Seller's Agent
Lynn Burley
Burley Properties
Buyer's Agent
Patrice Cano
RE/MAX Solutions
List Price
$339,900
Sold Price
$328,000
Premium/Discount to List
-$11,900
-3.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.91%
Original Mortgage
$200,000
Interest Rate
3.71%

Purchase Details

Listed on
Feb 12, 2016
Closed on
Apr 1, 2016
Bought by
Dean Bonnie
Seller's Agent
Lynn Burley
Burley Properties
Buyer's Agent
Patrice Cano
RE/MAX Solutions
List Price
$339,900
Sold Price
$328,000
Premium/Discount to List
-$11,900
-3.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.71%

Purchase Details

Closed on
Feb 1, 2016
Bought by
Dean Bonnie

Purchase Details

Closed on
Jan 21, 2016
Sold by
Not Provided
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jan 6, 2016
Sold by
Altizer Laura
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 4, 2002
Sold by
Macfarland David T
Bought by
Heyl William E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
6.08%

Purchase Details

Closed on
Nov 22, 2002
Sold by
Heyl William E and Heyl Linda
Bought by
Carter Terri L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
6.08%

Purchase Details

Closed on
Aug 18, 1998
Sold by
Heyl William E and Heyl Kathy
Bought by
Heyl William E
Source: Public Records

Range of Values:

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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
Dean Bonnie M $35,000 Attorney
Dean Bonnie M -- Attorney
Dean Bonnie M $328,000 Buyers Title
Dean Bonnie $100 --
Dean Bonnie $100 --
Federal National Mortgage Association -- None Available
Federal National Mortgage Association -- None Available
Heyl William E -- --
Carter Terri L $235,000 --
Heyl William E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dean Bonnie M $200,000
Previous Owner Carter Terri L $188,000
Closed Federal National Mortgage Association $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/13/2016 05/13/16 Sold $328,000 -0.6% $143 / Sq Ft
04/06/2016 04/06/16 Pending -- -- --
03/11/2016 03/11/16 Price Changed $329,900 -2.9% $144 / Sq Ft
02/11/2016 02/11/16 For Sale $339,900 0.0% $148 / Sq Ft
06/15/2012 06/15/12 Rented $1,500 -11.8% --
06/05/2012 06/05/12 Under Contract -- -- --
04/30/2012 04/30/12 For Rent $1,700 -- --
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 $8,522 $600,370 -- --
2024 $8,281 $601,810 -- --
2023 $8,281 $617,840 $0 $0
2022 $7,624 $573,380 $0 $0
2021 $6,677 $395,410 $240,000 $155,410
2020 $6,701 $394,120 $240,000 $154,120
2019 $6,499 $373,170 $200,000 $173,170
2018 $6,246 $353,250 $200,000 $153,250
2017 $6,294 $352,570 $200,000 $152,570
2016 $5,499 $303,570 $150,000 $153,570
2015 $5,107 $260,200 $135,000 $125,200
2014 $4,738 $236,550 $125,000 $111,550
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 746486

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-38-06-75-00012.0-0010.00