NOT LISTED FOR SALE

403 Rio Palma S Indialantic, FL 32903

Paradise Beach Neighborhood

Estimated Value: $760,738 - $912,000

4 Beds
3 Baths
3,178 Sq Ft
$258/Sq Ft Est. Value

Last Sold May 09, 2023

Last sale price $775,000 $244 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $5,249/month

172 Days on Market

Highlights

  • In Ground Pool
  • Open Floorplan
  • Wood Flooring
  • Indialantic Elementary School Rated A-
  • Vaulted Ceiling
  • Sun or Florida Room

About This Home

As of May 2023

What a surprise package! Stepping inside this 4Bd 3Bth CBS home in the executive neighborhood of Rio Villa, you'll be struck with how spacious it feels! The enormous gathering room with a soaring ceiling, fireplaces and open floor plan kitchen/family room over looking the air conditioned terra cotta sunroom and pool... WOW! This split plan home has 4 oversized bedrooms, three of them with ensuite bathrooms (including the master) and lots of pocket doors that allow for flexibility of living. The kitchen boasts a separate refrigerator and freezer for all your entertaining needs. With some cosmetic updating this executive home will be a stunner! NEW concrete tile roof, NEW AC, fully fenced backyard, whole house vacuum with a freshly painted interior... a MUST see in person!

Last Agent to Sell the Property

Sharon Noll

RE/MAX Solutions License #3350015 Listed on: 04/03/2023

RE/MAX Solutions

Last Buyer's Agent

Stephanie Orenczak

LaRocque & Co., Realtors License #3249399

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $101

Year Built

  • Built in 1986

Lot Details

  • 0.28 Acre Lot
  • Cul-De-Sac
  • North Facing Home
  • Wood Fence
  • Front and Back Yard Sprinklers

HOA Fees

  • $32 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

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

Interior Spaces

  • 3,178 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wet Bar
  • Central Vacuum
  • Built-In Features
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Great Room
  • Family Room
  • Home Office
  • Library
  • Sun or Florida Room
  • Screened Porch
  • Pool Views

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Sink Near Laundry

Home Security

  • Security System Owned
  • Hurricane or Storm Shutters

Accessible Home Design

  • Level Entry For Accessibility
  • Accessible Entrance

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Patio

Schools

  • Indialantic Elementary School
  • Hoover Middle School
  • Melbourne High School

Utilities

  • Central Heating and Cooling System
  • Well
  • Cable TV Available

Community Details

  • Rio Villa Unit IV Association
  • Rio Villa Unit IV Subdivision
  • Maintained Community

Listing and Financial Details

  • Assessor Parcel Number 27-37-24-55-00000.0-0127.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$101

Year Built

Built in 1986

Lot Details

0

HOA Fees

$32 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1986
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Sink
  • ResoLotFeatures: Cul-De-Sac, Sprinklers In Front, Sprinklers In Rear
  • Road Surface Type: Asphalt
  • Reso View: Pool
  • ResoSecurityFeatures: Security System Owned
  • Reso Association Amenities: Maintenance Grounds, Management - Off Site
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Rio Villa Unit IV
  • Reso Accessibility Features: Accessible Entrance
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 27-37-24-55-00000.0-0127.00
  • Location Tax and Legal Elementary School: Indialantic
  • Location Tax and Legal Middle School2: Hoover
  • Location Tax and Legal High School: Melbourne
  • Location Tax and Legal Tax Annual Amount: 101.0
  • Location Tax and Legal Tax Year2: 2021
  • General Property Information Living Area2: 3178.0
  • General Property Information Building Area Total3: 3694.0
  • General Property Information Lot Size Acres: 0.28
  • General Property Information Lot Size Square Feet2: 12197.0
  • 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: North
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Fencing Fenced2: Yes
  • Fencing Wood2: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Flooring Wood: Yes
  • Levels One: Yes
  • Pool Features In Ground: Yes
  • Pool Features Private: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Road Surface Type Asphalt: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • View Pool: Yes
  • Flooring Carpet: Yes
  • Laundry Features Sink: Yes
  • Water Source Well: Yes
  • Water Source Public: Yes
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • Pets Allowed Total Number Of Pets: 3
  • Roof:Tile2: Yes
  • General Property Information Carport YN2: No
  • Room Types Great Room: Yes
  • Interior Features Breakfast Nook: Yes
  • Security Features Security System Owned: Yes
  • Room Types Family Room: Yes
  • Room Types Laundry: Yes
  • Room Types Library: Yes
  • Room Types Office: Yes
  • Roof Concrete2: Yes
  • Room Types Florida Room: Yes
  • Flooring Vinyl: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Nook, Built-in Features, Central Vacuum, Eat-in Kitchen, His and Hers Closets, Kitchen Island, 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), Wet Bar
  • Flooring: Carpet, Tile, Vinyl, Wood
  • Appliances: Dishwasher, Disposal, Dryer, Freezer, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning, Other
  • Total Bedrooms: 7
  • Appliances Dishwasher: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Open Floorplan: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Built-in Features: Yes
  • Interior Features:Kitchen Island: 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
  • Fireplace Features:Wood Burning: Yes
  • Interior Features:Wet Bar: Yes
  • Appliances:Freezer: Yes
  • Interior Features:Central Vacuum: Yes

Exterior Features

  • Exterior Features: Outdoor Shower, Storm Shutters
  • Pool Features: In Ground, Private, Other
  • Roof: Concrete, Tile
  • Fencing: Fenced, Wood
  • Acres: 0.28
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: North
  • 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
  • Lot Features:Cul-De-Sac: Yes
  • Exterior Features:Outdoor Shower: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Lot Features:Sprinklers In Rear: Yes
  • Accessibility Features:Accessible Entrance: 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
  • Utilities: Cable Available, Electricity Connected
  • Heating: Central
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public, Well
  • Heating:Central: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 385.0
  • Association Fee Frequency: Annually
  • Association Name: RIO VILLA UNIT IV
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: RIO VILLA UNIT IV
  • General Property Information:Association Fee: 385.0
  • General Property Information:Association Fee Frequency: Annually

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Lot Size Sq Ft: 12197.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2726424
  • Parcel #: 27-37-24-55-00000.0-0127.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 101.0

MLS Schools

  • Elementary School: Indialantic
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2023
Closed on
May 9, 2023
Sold by
Battis Roberta A
Bought by
Ernest James and Ernest Cheryl
Seller's Agent
Sharon Noll
RE/MAX Solutions
Buyer's Agent
Stephanie Orenczak
LaRocque & Co., Realtors
List Price
$774,900
Sold Price
$775,000
Premium/Discount to List
$100
0.01%
Views
47
Current Estimated Value
$820,685

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,685
Avg. Annual Appreciation
2.46%
Original Mortgage
$425,000
Outstanding Balance
$413,031
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$407,654

Purchase Details

Closed on
May 29, 1998
Sold by
Decarlo Louis A
Bought by
Battista Charles J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,500
Interest Rate
7.15%

Purchase Details

Closed on
Apr 21, 1998
Sold by
Decarlo Kathleen G
Bought by
Decarlo Louis A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,500
Interest Rate
7.15%

Purchase Details

Closed on
Jun 21, 1993
Sold by
Decarlo Louis A and Decarlo Kathleen M
Bought by
Barnett Bk Cntl Fl N A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,155
Interest Rate
7.39%
Source: Public Records

Range of Values:

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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
Ernest James $775,000 None Listed On Document
Ernest James $775,000 None Listed On Document
Battista Charles J $195,000 --
Decarlo Louis A -- --
Barnett Bk Cntl Fl N A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ernest James $425,000
Closed Ernest James $425,000
Previous Owner Battista Charles J $137,750
Previous Owner Battista Charles J $30,000
Previous Owner Battista Charles J $157,000
Previous Owner Battista Charles J $136,500
Previous Owner Barnett Bk Cntl Fl N A $30,155
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2023 05/09/23 Sold $775,000 0.0% $244 / Sq Ft
03/29/2023 03/29/23 Pending -- -- --
03/24/2023 03/24/23 For Sale $774,900 0.0% $244 / Sq Ft
01/10/2023 01/10/23 Off Market $775,000 -- --
11/04/2022 11/04/22 Price Changed $819,900 -3.5% $258 / Sq Ft
10/07/2022 10/07/22 For Sale $849,999 -- $267 / 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
2024 $10,139 $575,560 -- --
2023 $10,139 $574,520 $130,000 $444,520
2022 $106 $266,730 $0 $0
2021 $101 $258,970 $0 $0
2020 $101 $255,400 $0 $0
2019 $101 $249,660 $0 $0
2018 $101 $245,010 $0 $0
2017 $101 $239,980 $0 $0
2016 $101 $235,050 $100,000 $135,050
2015 $101 $233,420 $100,000 $133,420
2014 $101 $231,570 $100,000 $131,570
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2023

    Sharon Noll

    RE/MAX

    Section Image

  • S

    Buyer's Agent in 2023

    Stephanie Orenczak

    LaRocque & Co., Realtors

    Section Image
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Map

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

MLS Number: 947544

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-37-24-55-00000.0-0127.00

Florida Brevard County Indialantic 32903 Paradise Beach

403 Rio Palma S, Indialantic, FL

This home is located at 403 Rio Palma S, Indialantic, FL 32903 since 03 April 2023 and is currently estimated at $820,685, approximately $258 per square foot. This property was built in 1986. 403 Rio Palma S is a home located in Brevard County with nearby schools including Indialantic Elementary School, Herbert C. Hoover Middle School, and Melbourne Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Space Coast MLS (Space Coast Association of REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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