NOT LISTED FOR SALE

3080 Rio Palma S Indialantic, FL 32903

Paradise Beach Neighborhood

Estimated Value: $762,000 - $902,000

4 Beds
2.5 Baths
2,524 Sq Ft
$321/Sq Ft Est. Value

Last Sold August 18, 2014

Last sale price $357,500 $142 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $5,193/month

30 Days on Market

Highlights

  • Private Pool
  • RV Access or Parking
  • Corner Lot
  • Indialantic Elementary School Rated A-
  • Wood Flooring
  • Screened Porch

About This Home

As of August 2014

Multiple Offers. Highest & Best offers due 10:30AM EST Thurs 7/10/14. 4 Bed, 2.5 Bath Rio Villa Pool Home sitting on .30 Acre Lot. 2,524 Sq. Ft. Under Air. Built in 1986. 2 Car Garage. Custom built home in upscale beachside community. Master on 1st floor with oversized walk-in closet. Large Family Room with brick fireplace and french doors leading out to a Screened-In Porch and Pool area. Great Gourmet Kitchen. Large Fenced Yard for privacy. This is a Fannie Mae HomePath property. Purchase this property for as little as 5% down! * Owner occupant offers only during First 20 Days on the Market. All others may make offers after 07/08/14.

Last Agent to Sell the Property

Lynn Burley

Burley Properties License #3105875 Listed on: 06/18/2014

Last Buyer's Agent

Jeffrey Scarincio

River Breeze Real Estate License #3087247

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,110

Year Built

  • Built in 1986

Lot Details

  • 0.3 Acre Lot
  • East Facing Home
  • Corner Lot

HOA Fees

  • $27 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Circular Driveway
  • RV Access or Parking

Home Design

  • Frame Construction
  • Tile Roof
  • Wood Siding
  • Concrete Siding
  • Block Exterior
  • Asphalt
  • Stucco

Interior Spaces

  • 2,524 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Home Office
  • Library
  • Screened Porch
  • Washer and Gas Dryer Hookup

Kitchen

  • Breakfast Bar
  • Double Convection Oven
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan

Outdoor Features

  • Private Pool
  • Patio

Schools

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

Utilities

  • Electric Water Heater
  • Cable TV Available

Community Details

  • Rio Villa Unit Iv Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 27-37-24-55-00000.0-0122.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,110

Year Built

Built in 1986

Lot Details

0

HOA Fees

$27 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1986
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • ResoLotFeatures: Corner Lot
  • Road Surface Type: Asphalt
  • ResoSpecialListingConditions: Real Estate Owned
  • Subdivision Name: Rio Villa Unit IV
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 27-37-24-55-00000.0-0122.00
  • 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: 6110.17
  • Location Tax and Legal Tax Year2: 2013
  • General Property Information Living Area2: 2524.0
  • General Property Information Building Area Total3: 3361.0
  • General Property Information Lot Size Acres: 0.3
  • General Property Information Lot Size Square Feet2: 13200.0
  • 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 Microwave: Yes
  • Appliances Refrigerators: Yes
  • Flooring Tile: Yes
  • Flooring Wood: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Pool Features Private: Yes
  • Road Surface Type Asphalt: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Flooring Carpet: Yes
  • Levels Two: Yes
  • Roof:Tile2: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • Room Types Library: Yes
  • Room Types Office: Yes
  • General Property Information Lot Size Dimensions: 110.0 ft x 120.0 ft
  • Special Listing Conditions Real Estate Owned: Yes
  • Special Features: 5120
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Split Bedrooms
  • Flooring: Carpet, Tile, Wood
  • Appliances: Convection Oven, Dishwasher, Double Oven, Electric Water Heater, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning, Other
  • Total Bedrooms: 9
  • ResoLivingAreaSource: Other
  • General Property Information Bathrooms Half: 1
  • Appliances:Convection Oven: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Split Bedrooms: Yes
  • Appliances:Double Oven: Yes
  • Fireplace Features:Wood Burning: Yes

Exterior Features

  • Pool Features: Private
  • Roof: Tile
  • Acres: 0.3
  • Waterfront: No
  • Construction Type: Block, Concrete, Frame, Stucco, Wood Siding
  • Direction Faces: East
  • Patio And Porch Features: Patio, Porch, Screened
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Construction Materials:Frame: Yes
  • Construction Materials:Wood Siding: Yes
  • Lot Features:Corner Lot: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Circular Driveway, RV Access/Parking
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Attached: Yes
  • Parking Features:Circular Driveway: Yes
  • Parking Features:RV AccessParking: Yes

Utilities

  • Utilities: Cable Available, Electricity Connected, Water Available

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 325.0
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 325.0
  • General Property Information:Association Fee Frequency: Annually

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Lot Dimensions: 110.0 ft x 120.0 ft
  • Lot Size Sq Ft: 13200.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2726419
  • Parcel #: 27-37-24-55-00000.0-0122.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 6110.17

MLS Schools

  • Elementary School: Indialantic
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2014
Closed on
Aug 18, 2014
Sold by
Fannie Mae
Bought by
Pascual Mariano Celestino and Rhew Pascual Jennifer Nell
Seller's Agent
Lynn Burley
Burley Properties
Buyer's Agent
Jeffrey Scarincio
River Breeze Real Estate
List Price
$364,900
Sold Price
$357,500
Premium/Discount to List
-$7,400
-2.03%
Current Estimated Value
$827,233

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$469,733
Avg. Annual Appreciation
8.01%
Original Mortgage
$286,000
Outstanding Balance
$215,858
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$617,805

Purchase Details

Closed on
Apr 23, 2014
Sold by
Saxon Ben and Saxon Amber E
Bought by
Federal National Mortgage Association and Fannie Mae

Purchase Details

Closed on
Mar 12, 2007
Sold by
Saxon Benjamin Y and Saxon Lacey
Bought by
Saxon Benjamin Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.07%

Purchase Details

Closed on
Dec 28, 2006
Sold by
Forthofer Carl R and Forthofer Lucia P
Bought by
Saxon Benjamin Y and Saxon Lacey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.07%
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
Pascual Mariano Celestino $357,500 Attorney
Federal National Mortgage Association -- None Available
Saxon Benjamin Y -- None Available
Saxon Benjamin Y $387,500 State Title Partners Llp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pascual Mariano Celestino $286,000
Previous Owner Saxon Benjamin Y $183,000
Previous Owner Saxon Benjamin Y $125,000
Previous Owner Saxon Benjamin Y $368,000
Previous Owner Forthoffer Carl R $148,000
Previous Owner Forthoffer Carl R $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2014 08/18/14 Sold $357,500 -2.0% $142 / Sq Ft
07/17/2014 07/17/14 Pending -- -- --
06/17/2014 06/17/14 For Sale $364,900 -- $145 / 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 $7,630 $471,650 $0 $0
2022 $7,222 $457,920 $0 $0
2021 $7,356 $444,590 $0 $0
2020 $7,288 $438,460 $100,000 $338,460
2019 $8,465 $444,440 $100,000 $344,440
2018 $8,461 $447,940 $100,000 $347,940
2017 $7,801 $389,740 $100,000 $289,740
2016 $7,698 $363,810 $100,000 $263,810
2015 $7,352 $337,670 $100,000 $237,670
2014 $6,754 $308,420 $100,000 $208,420
Source: Public Records

Agents Affiliated with this Home

  • Lynn Burley

    Seller's Agent in 2014

    Lynn Burley

    Burley Properties

    (321) 427-6788

    61 Total Sales

    Section Image
  • Jeffrey Scarincio

    Buyer's Agent in 2014

    Jeffrey Scarincio

    River Breeze Real Estate

    (321) 223-2775

    95 Total Sales

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Map

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

MLS Number: 699614

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-37-24-55-00000.0-0122.00

Florida Brevard County Indialantic 32903 Paradise Beach

3080 Rio Palma S, Indialantic, FL

This home is located at 3080 Rio Palma S, Indialantic, FL 32903 since 18 June 2014 and is currently estimated at $809,652, approximately $320 per square foot. This property was built in 1986. 3080 Rio Palma S is a home located in Brevard County with nearby schools including Indialantic Elementary School, Herbert C. Hoover Middle School, and Melbourne Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Space Coast MLS (Space Coast Association of REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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