NOT LISTED FOR SALE

3477 Areca Palm Ave Melbourne, FL 32901

Estimated Value: $319,000 - $349,000

3 Beds
2 Baths
1,525 Sq Ft
$216/Sq Ft Est. Value

Last Sold August 24, 2021

Last sale price $270,000 $177 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $2,246/month

3 Days on Market

Highlights

  • Open Floorplan
  • Vaulted Ceiling
  • Screened Porch
  • Melbourne Senior High School Rated A-
  • Great Room
  • Breakfast Area or Nook

About This Home

As of August 2021

NEW ROOF!! 3-bedroom 2 bath home in peaceful Bel Aire Palms neighborhood. Come home to soaring ceiling and 2 skylights in great room. Loads of natural lighting throughout. Kitchen with newer appliances and breakfast nook. Master suite with walk in closet. Master bath with double sink and shower/tub.
2 large extra bedrooms. Screened porch overlooking fully fenced yard with storage shed. A/C 2020. Close to great schools, restaurants and shopping.

Last Agent to Sell the Property

Kevin Hill

RE/MAX Alternative Realty License #412189 Listed on: 07/20/2021

RE/MAX Alternative Realty

Last Buyer's Agent

Jill Adams

Madison Allied LLC License #3460288

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,994

Year Built

  • Built in 1988

Lot Details

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

HOA Fees

  • $15 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Frame Construction
  • Shingle Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,525 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Great Room
  • Screened Porch

Kitchen

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

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Shed

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 Association
  • Bel Aire Palms Subdivision

Listing and Financial Details

  • Assessor Parcel Number 28-37-09-51-00000.0-0130.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,994

Year Built

Built in 1988

Lot Details

0

HOA Fees

$15 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1988
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Bel Aire Palms
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Reso Other Structures: Shed(s)
  • Location Tax and Legal Parcel Number2: 28-37-09-51-00000.0-0130.00
  • 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: 2994.4
  • Location Tax and Legal Tax Year2: 2020
  • General Property Information Living Area2: 1525.0
  • General Property Information Building Area Total3: 1925.0
  • 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 Laminate: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Levels One: Yes
  • Pets Allowed Yes: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Flooring Carpet: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • Other Structures Shed(s): Yes
  • Room Types Great Room: Yes
  • Interior Features Breakfast Nook: Yes
  • Room Types Laundry: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

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

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Fencing: Fenced, Wood
  • Acres: 0.17
  • Waterfront: No
  • Construction Type: Frame, Stucco, Wood Siding
  • Direction Faces: West
  • Patio And Porch Features: Patio, Porch, Screened
  • 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

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Attached: Yes

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 178.5
  • Association Fee Frequency: Annually
  • Association Name: BEL AIRE PALMS
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: BEL AIRE PALMS
  • General Property Information:Association Fee: 178.5
  • General Property Information:Association Fee Frequency: Annually

Schools

  • Middle Or Junior School: Stone

Lot Info

  • Lot Size Sq Ft: 7405.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2823589
  • Parcel #: 28-37-09-51-00000.0-0130.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 2994.4

MLS Schools

  • Elementary School: University Park
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2021
Closed on
Aug 23, 2021
Sold by
Cracchiola Dean A
Bought by
Leach Dalton Atto
Seller's Agent
Kevin Hill
RE/MAX Alternative Realty
Buyer's Agent
Jill Adams
Madison Allied LLC
List Price
$250,000
Sold Price
$270,000
Premium/Discount to List
$20,000
8%
Current Estimated Value
$350,821

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,821
Avg. Annual Appreciation
6.29%
Original Mortgage
$229,500
Outstanding Balance
$211,369
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$132,884

Purchase Details

Closed on
Dec 2, 1994
Sold by
Verrill George W and Verrill Rosalind M
Bought by
Cracchiola Dean A
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
Leach Dalton Atto $270,000 State Title Partners Llp
Cracchiola Dean A $88,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leach Dalton Atto $229,500
Previous Owner Cracchiola Dean A $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2021 08/24/21 Sold $270,000 +8.0% $177 / Sq Ft
07/23/2021 07/23/21 Pending -- -- --
07/20/2021 07/20/21 For Sale $250,000 -- $164 / 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 $3,720 $247,620 $0 $0
2022 $3,501 $240,410 $0 $0
2021 $3,182 $170,990 $55,000 $115,990
2020 $2,994 $159,690 $50,000 $109,690
2019 $2,975 $159,850 $50,000 $109,850
2018 $2,763 $144,300 $40,000 $104,300
2017 $2,577 $129,310 $37,500 $91,810
2016 $2,489 $118,800 $30,000 $88,800
2015 $2,313 $101,980 $25,000 $76,980
2014 $2,080 $92,710 $20,000 $72,710
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 910917

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-37-09-51-00000.0-0130.00