NOT LISTED FOR SALE

3127 Cortona Dr Melbourne, FL 32940

Estimated Value: $807,783 - $918,000

4 Beds
4 Baths
3,200 Sq Ft
$275/Sq Ft Est. Value

Last Sold August 31, 2016

Last sale price $495,000 $155 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $5,397/month

4 Days on Market

Highlights

  • Lake Front
  • Loft
  • Community Pool
  • Home fronts a pond
  • Screened Porch
  • Tennis Courts

About This Home

As of August 2016

This 4/4 waterfront custom home is a magical merging of quality & craftsmanship by Viera Builders. A true luxury masterpiece situated on an incredible waterfront site that's nearly 1/3 acre awaits. Upon arriving you'll be astonished by an impressive front covered porch that welcomes you in to a grand formal entry that displays high ceilings, wood & iron stair banister, large neutral tile flooring all the way from the formal living/dining rooms into the entire family room area. Open to the family room is a fully upgraded granite kitchen w/center island, gas range, stainless appliances, plus a butler pantry. Nearby is the spacious downstairs master retreat & study. Incredible patio space: 12x30 covered patio, PLUS 40x20 screened patio deck! Community park & pool amenities nearby. SEE Upstairs is a huge loft, 3 bedrooms- one of which is a private guest suite with it's own private bath, and huge upstairs balcony. Energy efficient features such as tankless gas water heater that never runs out of hot water! Other features include Impact windows on front and upstairs. Over-sized 2 car garage. Cortona a gated community located in The Villages of South Solerno and is one of the few communities with these over-sized Home-sites at this price point.

Last Agent to Sell the Property

Stephen Vitani, P.A.

RE/MAX Elite License #3225385 Listed on: 07/14/2016

RE/MAX Elite

Last Buyer's Agent

Stephen Stanton

Coldwell Banker Res. R.E.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,711

Year Built

  • Built in 2012

Lot Details

  • 0.3 Acre Lot
  • Home fronts a pond
  • Lake Front
  • East Facing Home

HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Property Views

  • Lake
  • Pond

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,200 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Loft
  • Screened Porch
  • Tile Flooring

Kitchen

  • Breakfast Area or Nook
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Security System Owned
  • Security Gate
  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Outdoor Features

  • Patio

Schools

  • Manatee Elementary School
  • Kennedy Middle School
  • Viera High School

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 26-36-05-01-0000c.0-0009.00

Community Details

Overview

  • Www.Fairwaymgmt.Com/Tavistock.Html Association
  • Cortona Subdivision
  • Maintained Community

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Community Pool
  • Park
  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,711

Year Built

Built in 2012

Lot Details

0

HOA Fees

$42 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2012
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Reso View: Lake, Pond, Water
  • ResoSecurityFeatures: Security Gate, Security System Owned, Smoke Detector(s)
  • Reso Association Amenities: Basketball Court, Jogging Path, Maintenance Grounds, Management - Full Time, Park, Playground, Tennis Court(s)
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Cortona Subdivision
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 26-36-05-01-0000c.0-0009.00
  • Location Tax and Legal Elementary School: Manatee
  • Location Tax and Legal Middle School2: Kennedy
  • Location Tax and Legal High School: Viera
  • Location Tax and Legal Tax Annual Amount: 4710.95
  • Location Tax and Legal Tax Year2: 2015
  • General Property Information Living Area2: 3200.0
  • General Property Information Building Area Total3: 3772.0
  • General Property Information Lot Size Acres: 0.3
  • General Property Information Lot Size Square Feet2: 13068.0
  • 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: East
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • General Property Information Community Fee(s) YN: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Roof:Shingle: Yes
  • Security Features Security Gate: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • ViewPond: Yes
  • Levels Two: 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
  • Security Features Security System Owned: Yes
  • Room Types Laundry: Yes
  • Utilities Natural Gas Connected: Yes
  • Utilities Sewer Available: Yes
  • General Property Information Lot Size Dimensions: 91.0 ft x 0.0 ft
  • Room Types Loft: Yes
  • Special Features: None
  • 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, Disposal, Gas Range, Gas Water Heater, Microwave, Refrigerator, Tankless Water Heater
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Gas Range: Yes
  • Appliances:Tankless Water Heater: Yes
  • Pool Features:Community: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Gas Water Heater: Yes

Exterior Features

  • Exterior Features: Storm Shutters
  • Pool Features: Community
  • Roof: Shingle
  • Acres: 0.3
  • Waterfront Features: Lake Front, Pond
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • 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
  • Exterior Features:Storm Shutters: 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, Garage Door Opener
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Available, 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 #2 Fee: 148.0
  • Association Fee: 355.0
  • Association Fee Frequency: Annually
  • Association Name: www.Fairwaymgmt.com/tavistock.html
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: www.Fairwaymgmt.com/tavistock.html
  • General Property Information:Association Fee: 355.0
  • General Property Information:Association Fee Frequency: Annually
  • General Property Information:Association Fee 2: 148.0
  • Association Amenities:Basketball Court: Yes
  • Association Amenities:Jogging Path: Yes
  • Association Amenities:Tennis Court(s)2: Yes
  • Association Amenities:Park: Yes
  • Association Amenities:Playground: Yes

Schools

  • Middle Or Junior School: Kennedy

Lot Info

  • Lot Dimensions: 91.0 ft x 0.0 ft
  • Lot Size Sq Ft: 13068.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 26-36-05-01-0000c.0-0009.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 4710.95

MLS Schools

  • Elementary School: Manatee
  • High School: Viera

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2016
Closed on
Aug 30, 2016
Sold by
Singh Ravnett Inder and Singh Ravnett Inder
Bought by
Lopez Lester S and Bertran Nicole
Seller's Agent
Stephen Vitani, P.A.
RE/MAX Elite
Buyer's Agent
Stephen Stanton
Coldwell Banker Res. R.E.
List Price
$500,000
Sold Price
$495,000
Premium/Discount to List
-$5,000
-1%
Current Estimated Value
$933,140

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$438,140
Avg. Annual Appreciation
6.32%
Original Mortgage
$445,005
Outstanding Balance
$355,453
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$524,243

Purchase Details

Listed on
May 15, 2012
Closed on
Dec 13, 2012
Sold by
Viera Builders Inc
Bought by
Singh Ravnett Inder
Seller's Agent
Deborah Hunter
Viera Builders, Inc
List Price
$370,090
Sold Price
$375,279
Premium/Discount to List
$5,189
1.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.73%
Original Mortgage
$300,223
Interest Rate
3.44%

Purchase Details

Closed on
Feb 20, 2012
Sold by
The Viera Company
Bought by
Viera Builders Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lopez Lester S $495,000 Prestige Title O
Singh Ravnett Inder $375,300 Attorney
Viera Builders Inc -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Lester S $445,005
Previous Owner Singh Ravnett Inder $300,223
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/31/2016 08/31/16 Sold $495,000 -1.0% $155 / Sq Ft
07/19/2016 07/19/16 Pending -- -- --
07/14/2016 07/14/16 For Sale $500,000 +33.2% $156 / Sq Ft
12/13/2012 12/13/12 Sold $375,279 +1.4% $118 / Sq Ft View Prior Sale
10/08/2012 10/08/12 Pending -- -- --
05/15/2012 05/15/12 For Sale $370,090 -- $116 / 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 $6,274 $508,430 -- --
2024 $6,187 $494,110 -- --
2023 $6,187 $479,720 $0 $0
2022 $5,770 $465,750 $0 $0
2021 $6,050 $452,190 $0 $0
2020 $6,004 $445,950 $0 $0
2019 $5,982 $435,930 $0 $0
2018 $6,018 $427,810 $0 $0
2017 $6,113 $419,020 $57,000 $362,020
2016 $4,560 $300,520 $57,000 $243,520
2015 $4,711 $298,440 $57,000 $241,440
2014 $4,631 $288,820 $57,000 $231,820
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 759616

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 26-36-05-01-0000C.0-0009.00