NOT LISTED FOR SALE

3223 Balboa Place Melbourne, FL 32940

Estimated Value: $577,206 - $654,000

4 Beds
3 Baths
2,302 Sq Ft
$267/Sq Ft Est. Value

Last Sold August 31, 2018

Last sale price $395,000 $172 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $3,960/month

54 Days on Market

Highlights

  • Lake Front
  • Gated with Attendant
  • Active Adult
  • Fitness Center
  • Home fronts a pond
  • Open Floorplan

About This Home

As of August 2018

Beautiful 4 Bedroom 3 Bath 3 Car Garage - Waterfront Home in the Desirable Heritage Isle 55+ gated & guarded secure community with live guard 24/7. The 21,000 square foot clubhouse that includes a full gym, theatre, pottery, pool tables and outside has a GIANT POOL, pickleball, tennis, bocce and more. Very active community. This home is 2300+ SQFT and is the much sought after ''Kennedy'' Model. Large open kitchen, lots of storage. Lots of UPGRADES above and beyond the builder upgrades. See attatched list. The floor plan offers large open areas with a nice large 582 SQFT - 3 car garage. Bring your golf cart! This is the area's best 55+ community with a reasonable $320.00/Month HOA fee. Add up the amenities of ANY other community and compare. A must see.

Last Agent to Sell the Property

David Geer

RE/MAX Aerospace Realty License #3107264 Listed on: 05/03/2018

RE/MAX Aerospace Realty

Last Buyer's Agent

Wendy Handy

Keller Williams Realty Brevard

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,296

Year Built

  • Built in 2015

Lot Details

  • 7,841 Sq Ft Lot
  • Home fronts a pond
  • Lake Front
  • Northeast Facing Home

HOA Fees

  • $320 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Property Views

  • Lake
  • Pond

Home Design

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

Interior Spaces

  • 2,302 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Family Room
  • Dining Room
  • Screened Porch
  • Tile Flooring
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

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

Home Security

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

Outdoor Features

  • Patio

Schools

  • Quest Elementary School
  • Kennedy Middle School
  • Viera High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 26-36-08-Vx-0000d.0-0008.00

Community Details

Overview

  • Active Adult
  • Association fees include security
  • Leland Management Association
  • Heritage Isle Pud Phase 8 Subdivision
  • Maintained Community

Amenities

  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Tennis Courts
  • Shuffleboard Court
  • Fitness Center
  • Community Pool
  • Park
  • Jogging Path

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,296

Year Built

Built in 2015

Lot Details

0

HOA Fees

$320 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 2015
  • Reso Property Sub Type: Single Family Residence
  • Road Surface Type: Asphalt
  • Reso View: Lake, Pond, Water
  • ResoSecurityFeatures: Gated with Guard, Security Gate, Security System Owned, Smoke Detector(s)
  • Reso Association Amenities: Barbecue, Clubhouse, Fitness Center, Jogging Path, Maintenance Grounds, Management - Full Time, Management - Off Site, Park, Pool, Shuffleboard Court, Tennis Court(s)
  • Reso Association Fee Includes: Security
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Heritage Isle PUD Phase 8
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 26-36-08-Vx-0000d.0-0008.00
  • Location Tax and Legal Elementary School: Quest
  • Location Tax and Legal Middle School2: Kennedy
  • Location Tax and Legal High School: Viera
  • Location Tax and Legal Tax Annual Amount: 4295.99
  • Location Tax and Legal Tax Year2: 2017
  • General Property Information Living Area2: 2302.0
  • General Property Information Building Area Total3: 2884.0
  • General Property Information Lot Size Acres: 0.18
  • General Property Information Lot Size Square Feet2: 7841.0
  • General Property Information New Construction YN: No
  • General Property Information Waterfront YN: Yes
  • General Property Information Senior Community YN: Yes
  • General Property Information Direction Faces: Northeast
  • 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
  • Levels One: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Road Surface Type Asphalt: Yes
  • Roof:Shingle: Yes
  • Security Features Security Gate: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Utilities Electricity Connected: Yes
  • ViewPond: Yes
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • View Water3: Yes
  • Room Types Dining Room: Yes
  • Interior Features Breakfast Nook: Yes
  • Security Features Security System Owned: Yes
  • Room Types Family Room: Yes
  • Room Types Laundry: Yes
  • Pets Allowed Breed Restrictions: Yes
  • Security Features Gated with Guard: Yes
  • General Property Information:Pool Private YN: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Bar, Breakfast Nook, Ceiling Fan(s), Eat-in Kitchen, Kitchen Island, Open Floorplan, Pantry, Primary Bathroom - Tub with Shower, Primary Bathroom -Tub with Separate Shower, Split Bedrooms, Walk-In Closet(s)
  • Flooring: Tile
  • Appliances: Dishwasher, Disposal, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Walk-In Closet(s): Yes

Exterior Features

  • Exterior Features: Storm Shutters
  • Roof: Shingle
  • Acres: 0.18
  • Pool Private: No
  • Waterfront Features: Lake Front, Pond
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: Northeast
  • 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: 3.0
  • Parking Features: Attached
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 3.0
  • Parking Features:Attached: Yes

Utilities

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

Condo/Co-op/Association

  • Senior Community: Yes
  • Association Fee: 320.0
  • Association Fee Frequency: Monthly
  • Association Name: Leland Management
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: Leland Management
  • General Property Information:Association Fee: 320.0
  • General Property Information:Association Fee Frequency: Monthly
  • Association Fee Includes:Security: Yes
  • Association Amenities:Clubhouse: Yes
  • Association Amenities:Fitness Center: Yes
  • Association Amenities:Shuffleboard Court: Yes
  • Association Amenities:Jogging Path: Yes
  • Association Amenities:Tennis Court(s)2: Yes
  • Association Amenities:Barbecue: Yes
  • Association Amenities:Park: Yes
  • Association Amenities:Pool3: Yes

Schools

  • Middle Or Junior School: Kennedy

Lot Info

  • Lot Size Sq Ft: 7841.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2632681
  • Parcel #: 26-36-08-Vx-0000d.0-0008.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 4295.99

MLS Schools

  • Elementary School: Quest
  • High School: Viera

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2018
Closed on
Aug 29, 2018
Sold by
Stern Linda and Stern Gary
Bought by
Handy Michael J and Handy Wendy L
Seller's Agent
David Geer
RE/MAX Aerospace Realty
Buyer's Agent
Wendy Handy
Keller Williams Realty Brevard
List Price
$419,000
Sold Price
$395,000
Premium/Discount to List
-$24,000
-5.73%
Current Estimated Value
$613,802

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$218,802
Avg. Annual Appreciation
6.38%
Original Mortgage
$375,250
Outstanding Balance
$327,270
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$286,532

Purchase Details

Closed on
Feb 17, 2015
Sold by
Lennar Homes Llc
Bought by
Stern Linda and Stern Gary

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
3.75%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Handy Michael J $395,000 Prestige Title Of Brevard Ll
Stern Linda $325,700 North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Handy Michael J $375,250
Previous Owner Stern Linda $125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2018 08/31/18 Sold $395,000 -5.3% $172 / Sq Ft
06/27/2018 06/27/18 Pending -- -- --
06/20/2018 06/20/18 Price Changed $416,900 -0.7% $181 / Sq Ft
05/03/2018 05/03/18 Price Changed $419,900 +0.2% $182 / Sq Ft
05/03/2018 05/03/18 For Sale $419,000 -- $182 / 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 $4,585 $251,490 -- --
2024 $4,404 $244,410 -- --
2023 $4,404 $237,300 $0 $0
2022 $4,120 $230,390 $0 $0
2021 $4,062 $223,680 $0 $0
2020 $3,993 $220,600 $0 $0
2019 $3,941 $215,490 $0 $0
2018 $4,262 $233,930 $0 $0
2017 $4,296 $229,120 $0 $0
2016 $4,465 $224,410 $56,000 $168,410
2015 $1,986 $56,000 $56,000 $0
2014 $150 $9,000 $9,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 812546

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 26-36-08-VX-0000D.0-0008.00