NOT LISTED FOR SALE

3577 N Sylvan Ln Melbourne, FL 32935

Estimated Value: $1,098,000 - $1,220,000

3 Beds
3 Baths
2,002 Sq Ft
$588/Sq Ft Est. Value

Sale Details

Date Sold: September 10, 2024

Last sale price $1,285,000 $642 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $7,198 / mo

About This Home

Effective age of this entire home is 2024! Everything is brand new except the concrete block walls & trusses. 1/2 acre direct Indian riverfront screened pool home, at the end of a quiet oak tree lined dead end street w/no traffic. Lots of character in this peaceful neighborhood. Perfect setting & location. No HOA, no flood zone & deep water. ALL are brand new: roof, soffit, fascia, AC, ductwork, insulation, hurricane windows & doors, all complete plumbing & electrical, tankless water heater, septic tank/drainfield(plus city sewer is coming soon), engineered hardwood floors, island kitchen w/quality appliances, pot filler, quartz counters, full pantry & wine bar w/fridge, upgraded bathrooms w/nice tile work & quartz counters(master has large walk-in closet & seat in shower), resurfaced screened pool, brick paver on driveway, walkways, patio & pool, fans, lights, switches, doors, trim, baseboards, too much to list. Privacy fenced yard, indoor laundry room, city water. On & on...

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2024
Closed on
Sep 10, 2024
Sold by
Sandra L Waterman Trust and Waterman Sandra L
Bought by
Jeffrey P Bitgood Trust and Bitgood
Seller's Agent
Andy Waterman
Waterman Real Estate, Inc.
Buyer's Agent
Ann LeNoir
Real Broker, LLC
List Price
$1,395,000
Sold Price
$1,285,000
Premium/Discount to List
-$110,000
-7.89%
Views
31
Current Estimated Value
$1,176,601

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$108,399
Avg. Annual Appreciation
-5.53%
Original Mortgage
$963,750
Outstanding Balance
$953,538
Interest Rate
6.78%
Mortgage Type
Seller Take Back
Estimated Equity
$223,063

Purchase Details

Listed on
Apr 18, 2023
Closed on
Jun 22, 2023
Sold by
Arthur J Fischer Trust
Bought by
Sandra L Waterman Trust and Waterman
Seller's Agent
Andy Waterman
Waterman Real Estate, Inc.
Buyer's Agent
Andy Waterman
Waterman Real Estate, Inc.
List Price
$1,125,000
Sold Price
$900,000
Premium/Discount to List
-$225,000
-20%
Views
32

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.90%

Purchase Details

Closed on
Jan 25, 2000
Sold by
Fischer Arthur J
Bought by
Fischer Arthur J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Jeffrey P Bitgood Trust $1,285,000 None Listed On Document
Sandra L Waterman Trust $900,000 None Listed On Document
Fischer Arthur J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jeffrey P Bitgood Trust $963,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/10/2024 09/10/24 Sold $1,285,000 -1.1% $642 / Sq Ft View Prior Sale
09/02/2024 09/02/24 Pending -- -- --
08/13/2024 08/13/24 Price Changed $1,299,000 -3.8% $649 / Sq Ft
08/08/2024 08/08/24 Price Changed $1,350,000 -3.2% $674 / Sq Ft
07/25/2024 07/25/24 For Sale $1,395,000 +55.0% $697 / Sq Ft
06/22/2023 06/22/23 Sold $900,000 -20.0% $491 / Sq Ft View Prior Sale
05/24/2023 05/24/23 Pending -- -- --
04/18/2023 04/18/23 For Sale $1,125,000 -- $614 / Sq Ft

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 $11,000 $713,400 -- --
2024 $3,791 $631,560 -- --
2023 $3,791 $251,720 $0 $0
2022 $3,569 $244,390 $0 $0
2021 $3,621 $237,280 $0 $0
2020 $3,584 $234,010 $0 $0
2019 $3,617 $228,750 $0 $0
2018 $3,612 $224,490 $0 $0
2017 $3,621 $219,880 $0 $0
2016 $3,628 $315,930 $315,930 $0
2015 $3,701 $305,710 $305,710 $0
2014 $3,647 $303,530 $303,530 $0
Source: Public Records

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