NOT LISTED FOR SALE

3298 Cortona Dr Melbourne, FL 32940

Estimated Value: $861,000 - $1,136,000

4 Beds
4 Baths
3,916 Sq Ft
$252/Sq Ft Est. Value

Last Sold May 31, 2016

Last sale price $420,000 $107 Per Sq Ft

Est. 150% increase in value since last sale

Current estimated payment $6,465/month

46 Days on Market

Highlights

  • Lake Front
  • In Ground Pool
  • Open Floorplan
  • Viera High School Rated A-
  • Home fronts a pond
  • Vaulted Ceiling

About This Home

As of May 2016

4 bedroom 4 bath home in gated Cortona! This home was recently foreclosed and was never completed! Here is your chance to choose the finishing touches! First floor master bedroom with tray ceiling, formal living and dining rooms, private office with triple crown molding, HUGE family room with gas fireplace. Breakfast nook with view of the pool open to large kitchen. Pool bathroom near complete. Solid oak stairs, you choose the stain! Upstairs, theater room/ flex room, bonus room, bedroom and full bath! Home has a lot of storage on both floors. Pool in the ground but needs to be completed. Fantastic lakefront views! Bring your contractor!

Last Agent to Sell the Property

David Di Cioccio

RE/MAX Elite License #3100841 Listed on: 03/25/2016

RE/MAX Elite

Last Buyer's Agent

David Di Cioccio

RE/MAX Elite License #3100841 Listed on: 03/25/2016

RE/MAX Elite

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,180

Year Built

  • Built in 2012

Lot Details

  • 0.29 Acre Lot
  • Home fronts a pond
  • Lake Front
  • South Facing Home

HOA Fees

Parking

  • 3 Car Attached Garage

Property Views

  • Lake
  • Pond
  • Pool

Home Design

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

Interior Spaces

  • 3,916 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Vaulted Ceiling
  • Fireplace
  • Family Room
  • Dining Room
  • Home Office
  • Library
  • Security Gate
  • Breakfast Area or Nook

Flooring

  • Concrete
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Pool

  • In Ground Pool
  • In Ground Spa

Schools

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

Additional Features

  • Porch
  • Cable TV Available

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 26-36-05-01-0000a.0-0004.00

Community Details

Overview

  • Cortona Subdivision

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,180

Year Built

Built in 2012

Lot Details

0

HOA Fees

$69 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 2012
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Road Surface Type: Asphalt
  • Reso View: Lake, Pond, Pool, Water
  • ResoSecurityFeatures: Security Gate
  • Reso Association Amenities: Basketball Court, Management - Off Site, Playground, Tennis Court(s)
  • ResoSpecialListingConditions: Real Estate Owned
  • Subdivision Name: Cortona Subdivision
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Property Condition: Fixer
  • Location Tax and Legal Parcel Number2: 26-36-05-01-0000a.0-0004.00
  • 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: 7180.43
  • Location Tax and Legal Tax Year2: 2015
  • General Property Information Living Area2: 3916.0
  • General Property Information Building Area Total3: 4570.0
  • General Property Information Lot Size Acres: 0.29
  • General Property Information Lot Size Square Feet2: 12632.0
  • 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: South
  • 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
  • Pool Features In Ground: Yes
  • Pool Features Private: Yes
  • Road Surface Type Asphalt: Yes
  • Security Features Security Gate: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • ViewPond: Yes
  • View Pool: Yes
  • Levels Two: Yes
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • Roof:Tile2: Yes
  • Spa Features In Ground2: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • View Water3: Yes
  • Room Types Dining Room: Yes
  • Interior Features Breakfast Nook: Yes
  • Room Types Family Room: Yes
  • Room Types Laundry: Yes
  • Room Types Library: Yes
  • Room Types Office: Yes
  • General Property Information Lot Size Dimensions: 85.0 ft x 150.0 ft
  • Flooring Concrete: Yes
  • Property Condition Fixer: Yes
  • Special Listing Conditions Real Estate Owned: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Nook, Built-in Features, His and Hers Closets, Open Floorplan, Pantry, Primary Bathroom - Tub with Shower, Primary Bathroom -Tub with Separate Shower, Primary Downstairs, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
  • Flooring: Concrete, Tile
  • Spa Features: In Ground
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Other
  • Total Bedrooms: 14
  • ResoLivingAreaSource: PublicRecords
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Open Floorplan: Yes
  • Pool Features:Community: Yes
  • Interior Features:Built-in Features: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:His and Hers Closets: Yes

Exterior Features

  • Pool Features: Community, In Ground, Private
  • Roof: Tile
  • Acres: 0.29
  • Waterfront Features: Lake Front, Pond
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Frame, Stucco, Wood Siding
  • Direction Faces: South
  • Patio And Porch Features: Porch
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio and Porch Features:Porch: Yes
  • View:Lake: Yes
  • Construction Materials:Frame: Yes
  • Construction Materials:Wood Siding: 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

  • Utilities: Cable Available, Electricity Connected, Water Available

Condo/Co-op/Association

  • Senior Community: No
  • Association #2 Fee: 148.0
  • Association #2 Fee Frequency: Annually
  • Association Fee: 680.0
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 680.0
  • General Property Information:Association Fee Frequency: Annually
  • General Property Information:Association Fee 2: 148.0
  • General Property Information:Association Fee 2 Frequency: Annually
  • Association Amenities:Basketball Court: Yes
  • Association Amenities:Tennis Court(s)2: Yes
  • Association Amenities:Playground: Yes

Schools

  • Middle Or Junior School: Kennedy

Lot Info

  • Lot Dimensions: 85.0 ft x 150.0 ft
  • Lot Size Sq Ft: 12632.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2630981
  • Parcel #: 26-36-05-01-0000a.0-0004.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 7180.43

MLS Schools

  • Elementary School: Manatee
  • High School: Viera

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 26, 2018
Sold by
Beck William P and Beck Nora L
Bought by
Beck William P and Beck Nora L
Current Estimated Value
$1,047,948

Purchase Details

Listed on
Mar 25, 2016
Closed on
May 31, 2016
Sold by
Whitney Bank
Bought by
Beck William P and Beck Nora L
Seller's Agent
David Di Cioccio
RE/MAX Elite
Buyer's Agent
David Di Cioccio
RE/MAX Elite
List Price
$529,000
Sold Price
$420,000
Premium/Discount to List
-$109,000
-20.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.44%
Original Mortgage
$559,640
Outstanding Balance
$451,687
Interest Rate
3.59%
Estimated Equity
$594,554

Purchase Details

Closed on
Dec 30, 2015
Sold by
Sunshine Custom Builders Inc
Bought by
Whitney Bank

Purchase Details

Closed on
Sep 17, 2010
Sold by
Futrell Custom Pools Inc
Bought by
Futrell Custom Homes Inc

Purchase Details

Closed on
Sep 7, 2010
Sold by
Sunshine Custom Builders Inc
Bought by
Futrell Custom Pools Inc

Purchase Details

Closed on
Jul 24, 2007
Sold by
The Viera Co
Bought by
Sunshine Custom Builders Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$553,000
Interest Rate
6.71%
Source: Public Records

Range of Values:

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Average Value
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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
Beck William P -- Attorney
Beck William P $420,000 Prestige Title Of Brevard Ll
Whitney Bank -- None Available
Futrell Custom Homes Inc -- Attorney
Futrell Custom Pools Inc -- Attorney
Sunshine Custom Builders Inc $128,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beck William P $559,640
Previous Owner Sunshine Custom Builders Inc $553,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2016 05/31/16 Sold $420,000 -15.8% $107 / Sq Ft
03/15/2016 03/15/16 Pending -- -- --
03/07/2016 03/07/16 Price Changed $499,000 -5.7% $127 / Sq Ft
01/28/2016 01/28/16 For Sale $529,000 -- $135 / 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 $7,300 $570,860 $0 $0
2022 $6,807 $554,240 $0 $0
2021 $7,154 $538,100 $0 $0
2020 $7,122 $530,680 $0 $0
2019 $7,112 $518,750 $0 $0
2018 $7,159 $509,080 $0 $0
2017 $6,344 $409,010 $62,000 $347,010
2016 $6,259 $372,120 $62,000 $310,120
2015 $7,180 $408,140 $62,000 $346,140
2014 $6,667 $371,040 $62,000 $309,040
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 745333

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 26-36-05-01-0000A.0-0004.00