NOT LISTED FOR SALE

3387 Areca Palm Ave Melbourne, FL 32901

Estimated Value: $330,133 - $350,000

3 Beds
2 Baths
1,428 Sq Ft
$237/Sq Ft Est. Value

Last Sold July 26, 2019

Last sale price $220,000 $154 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $2,008/month

1 Day on Market

Highlights

  • In Ground Pool
  • Vaulted Ceiling
  • Breakfast Area or Nook
  • Open Floorplan
  • Pool View
  • 2 Car Attached Garage

About This Home

As of July 2019

Home Sweet Home! This quaint single family home offers a split floor plan consisting of 3 bedrooms and 2 bathrooms. The master suite has a walk-in closet, as well an over-sized tub and large vanity space. There's an eat-in kitchen and breakfast bar, perfect for enjoying your morning coffee and start of the day conversation. The spacious living room offers a comfortable view of the pool, patio, and fenced-in yard, not to mention a separate formal dinging room perfect for entertaining. A concrete block construction, Brand NEW AC, and the in-ground pool just resurfaced, this house is priced o move quickly. Schedule your private viewing today!

Last Agent to Sell the Property

Sal Burke

RE/MAX Solutions Listed on: 06/20/2019

Co-Listed By

Charles Burke

RISE Realty Services

Last Buyer's Agent

Rodney Jones

Coldwell Banker Paradise License #3341560

Coldwell Banker Paradise

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,182

Year Built

  • Built in 1988

Lot Details

  • 7,405 Sq Ft Lot
  • West Facing Home
  • Wood Fence
  • Chain Link Fence

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Patio Home
  • Villa
  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,428 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Family Room
  • Dining Room
  • Pool Views

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom
  • Spa Bath

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Patio

Schools

  • University Park Elementary School
  • Stone Middle School
  • Melbourne High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Bel Aire Palms Subdivision
  • Maintained Community

Listing and Financial Details

  • Assessor Parcel Number 28-37-09-51-00000.0-0136.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,182

Year Built

Built in 1988

Lot Details

0

HOA Fees

$13 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1988
  • Reso Property Sub Type: Single Family Residence
  • Reso View: Pool
  • Reso Association Amenities: Maintenance Grounds
  • Co List Office Mls Id: spc.orsol2
  • Co List Office Phone: 321-684-7793
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Bel Aire Palms
  • Architectural Style: Patio Home, Villa
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 28-37-09-51-00000.0-0136.00
  • Location Tax and Legal Elementary School: University Park
  • Location Tax and Legal Middle School2: Stone
  • Location Tax and Legal High School: Melbourne
  • Location Tax and Legal Tax Annual Amount: 1181.65
  • Location Tax and Legal Tax Year2: 2018
  • General Property Information Living Area2: 1428.0
  • General Property Information Building Area Total3: 1890.0
  • General Property Information Lot Size Acres: 0.17
  • General Property Information Lot Size Square Feet2: 7405.0
  • 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: West
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Fencing Fenced2: Yes
  • Fencing Wood2: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Levels One: Yes
  • Pool Features In Ground: Yes
  • Pool Features Private: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • View Pool: Yes
  • Flooring Carpet: Yes
  • Fencing Chain Link: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • Room Types Dining Room: Yes
  • Interior Features Breakfast Nook: Yes
  • Room Types Family Room: Yes
  • Room Types Laundry: Yes
  • Architectural Style Patio Home: Yes
  • Architectural Style Villa: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Bar, Breakfast Nook, Ceiling Fan(s), Open Floorplan, Primary Bathroom - Tub with Shower, Primary Downstairs, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
  • Flooring: Carpet, Tile
  • Spa Features: Bath
  • Appliances: Dishwasher, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Interior Features:Primary Downstairs: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Spa Features:Bath: Yes

Exterior Features

  • Pool Features: In Ground, Private
  • Roof: Shingle
  • Fencing: Chain Link, Fenced, Wood
  • Acres: 0.17
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: West
  • 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: 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, 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 Fee: 159.0
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 159.0
  • General Property Information:Association Fee Frequency: Annually

Schools

  • Middle Or Junior School: Stone

Lot Info

  • Lot Size Sq Ft: 7405.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 28-37-09-51-00000.0-0136.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 1181.65

MLS Schools

  • Elementary School: University Park
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2019
Closed on
Jul 26, 2019
Sold by
Polny Gretchen and Polny Blair M
Bought by
Jones Benjamin Tyler and Rubin Amanda Michelle
Seller's Agent
Sal Burke
RE/MAX Solutions
Buyer's Agent
Rodney Jones
Coldwell Banker Paradise
List Price
$220,000
Sold Price
$220,000
Current Estimated Value
$338,283

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,283
Avg. Annual Appreciation
6.90%
Original Mortgage
$216,015
Outstanding Balance
$189,383
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$148,900

Purchase Details

Listed on
Jan 5, 2012
Closed on
Sep 6, 2012
Sold by
Areca Palm Land Trust
Bought by
Polny Gretchen and Polny Blair M
Seller's Agent
Jason Collins
Select Realty of Florida LLC
List Price
$129,900
Sold Price
$118,400
Premium/Discount to List
-$11,500
-8.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.42%
Original Mortgage
$115,862
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 11, 2011
Sold by
Delyea Rhea and Citimortgage Inc
Bought by
3387 Areca Palm Land Trust and Jjbr Llc

Purchase Details

Closed on
Apr 1, 1999
Sold by
Wilfredo Rivas Wilfredo and Wilfredo Rivastorres
Bought by
Delyea Rhea M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,272
Interest Rate
6.85%

Purchase Details

Closed on
May 27, 1997
Sold by
Geter Irma E
Bought by
Rivas Wilfredo and Torres Haydee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
8.18%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jones Benjamin Tyler $220,000 On Point Title Services Llc
Polny Gretchen $118,400 Supreme Title Closings Llc
3387 Areca Palm Land Trust $83,800 None Available
Delyea Rhea M $107,500 --
Rivas Wilfredo $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Benjamin Tyler $216,015
Previous Owner Polny Gretchen $115,862
Previous Owner Delyea Rhea M $103,272
Previous Owner Rivas Wilfredo $84,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/26/2019 07/26/19 Sold $220,000 0.0% $154 / Sq Ft
06/21/2019 06/21/19 Pending -- -- --
06/20/2019 06/20/19 For Sale $220,000 +85.8% $154 / Sq Ft
09/08/2012 09/08/12 Sold $118,400 -8.9% $83 / Sq Ft View Prior Sale
07/24/2012 07/24/12 Pending -- -- --
01/05/2012 01/05/12 For Sale $129,900 -- $91 / 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 $2,724 $197,850 -- --
2024 $2,656 $192,280 -- --
2023 $2,656 $186,680 $0 $0
2022 $2,489 $181,250 $0 $0
2021 $2,517 $175,980 $0 $0
2020 $2,488 $173,560 $50,000 $123,560
2019 $1,192 $99,900 $0 $0
2018 $1,182 $98,040 $0 $0
2017 $1,175 $96,030 $0 $0
2016 $1,194 $94,060 $30,000 $64,060
2015 $1,215 $93,410 $25,000 $68,410
2014 $1,195 $92,670 $20,000 $72,670
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 848338

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-37-09-51-00000.0-0136.00