NOT LISTED FOR SALE

403 S Palm Ave Melbourne Beach, FL 32951

Estimated Value: $792,000 - $848,757

3 Beds
2 Baths
2,178 Sq Ft
$377/Sq Ft Est. Value

Last Sold November 27, 2019

Last sale price $550,000 $253 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $4,847/month

148 Days on Market

Highlights

  • Private Pool
  • RV Access or Parking
  • Corner Lot
  • Gemini Elementary School Rated A-
  • Open Floorplan
  • Pool View

About This Home

As of November 2019

Completely remodeled 3 bed, 2 bath home with bight, new open floor plan, beautiful kitchen with granite counter tops, new cabinets and new appliances. New tile flooring throughout the home. Master suite with new expanded bathroom and private access to the backyard pool. A truly unique feature of this home is the Florida room featuring one wall of designer glass overhead doors that open out to the pool and backyard along with an outdoor shower for rinsing after a swim allowing for true indoor/outdoor living. New pavers surround the pool. Pool was completely re-done with new stucco, new pump, new lights and more. Attached 2 car garage, new paint inside and out, and a new metal roof, new air conditioning, you won't have anything to worry about in this home. This is a must see, just minutes fr fr

Last Agent to Sell the Property

Frederick Bertel

Frederick Bertel Lic.R.E Bkr. Listed on: 10/25/2019

Last Buyer's Agent

Laura Dowling-Roy

Premier Properties Real Estate License #662285

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,114

Year Built

  • Built in 1984

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 103x115
  • South Facing Home
  • Wood Fence
  • Corner Lot
  • Front and Back Yard Sprinklers

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway
  • Guest Parking
  • RV Access or Parking

Home Design

  • Metal Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,178 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Ceiling Fan
  • Great Room
  • Family Room
  • Dining Room
  • Tile Flooring
  • Pool Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry in Garage
  • Dryer

Pool

  • Private Pool
  • Outdoor Shower

Outdoor Features

  • Patio
  • Porch

Schools

  • Gemini Elementary School
  • Hoover Middle School
  • Melbourne High School

Utilities

  • Central Heating and Cooling System
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • River Colony Nw Section Subdivision

Listing and Financial Details

  • Assessor Parcel Number 28-38-06-80-3-9.A

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,114

Year Built

Built in 1984

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1984
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: In Garage
  • ResoLotFeatures: Corner Lot, Sprinklers In Front, Sprinklers In Rear
  • Reso View: Pool
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: River Colony NW Section
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 28-38-06-80-3-9.A
  • Location Tax and Legal Elementary School: Gemini
  • Location Tax and Legal Middle School2: Hoover
  • Location Tax and Legal High School: Melbourne
  • Location Tax and Legal Tax Annual Amount: 6114.0
  • Location Tax and Legal Tax Year2: 2018
  • General Property Information Living Area2: 2178.0
  • General Property Information Building Area Total3: 2715.0
  • General Property Information Lot Size Acres: 0.27
  • General Property Information Lot Size Square Feet2: 11761.2
  • 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: South
  • 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
  • Levels One: Yes
  • Pool Features Private: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Electricity Connected: Yes
  • View Pool: Yes
  • Water Source Well: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • Room Types Dining Room: Yes
  • Room Types Great Room: Yes
  • Room Types Family Room: Yes
  • General Property Information Lot Size Dimensions: 103x115
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Bar, Built-in Features, Ceiling Fan(s), Eat-in Kitchen, Open Floorplan, Primary Bathroom - Tub with Shower, Primary Downstairs, Split Bedrooms, Walk-In Closet(s)
  • Flooring: Tile
  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Ice Maker, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Interior Features:Primary Downstairs: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Open Floorplan: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Built-in Features: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Walk-In Closet(s): Yes

Exterior Features

  • Exterior Features: Outdoor Shower
  • Pool Features: Private
  • Roof: Metal
  • Fencing: Fenced, Wood
  • Acres: 0.27
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: South
  • Patio And Porch Features: Patio, Porch
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Exterior Features:Outdoor Shower: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Lot Features:Sprinklers In Rear: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Lot Features:Corner Lot: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Circular Driveway, Garage Door Opener, Guest, RV Access/Parking
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Laundry Features:In Garage: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Circular Driveway: Yes
  • Parking Features:Guest: Yes
  • Parking Features:RV AccessParking: Yes

Utilities

  • Cooling: Central Air
  • Utilities: Electricity Connected, Water Available
  • Heating: Central
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Central: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Lot Dimensions: 103x115
  • Lot Size Sq Ft: 11761.2
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2874735
  • Parcel #: 28-38-06-80-3-9.A
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 6114.0

MLS Schools

  • Elementary School: Gemini
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2019
Closed on
Nov 26, 2019
Sold by
Wahlen Christopher
Bought by
Rio Joshua Michael and Rio Leslie Ann Shaw
Seller's Agent
Frederick Bertel
Frederick Bertel Lic.R.E Bkr.
Buyer's Agent
Laura Dowling-Roy
Premier Properties Real Estate
List Price
$589,000
Sold Price
$550,000
Premium/Discount to List
-$39,000
-6.62%
Current Estimated Value
$820,379

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$270,379
Avg. Annual Appreciation
7.02%
Original Mortgage
$489,600
Outstanding Balance
$432,915
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$387,464

Purchase Details

Closed on
Jan 15, 2004
Sold by
Lowry Christy L and Lowry Robert K
Bought by
Krodel Edward J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,700
Interest Rate
2.95%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Rio Joshua Michael $550,000 Paradise Title Llc
Krodel Edward J $282,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rio Joshua Michael $489,600
Previous Owner Krodel Edward J $239,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/27/2019 11/27/19 Sold $550,000 -5.0% $253 / Sq Ft
11/03/2019 11/03/19 Pending -- -- --
10/25/2019 10/25/19 Price Changed $579,000 -1.7% $266 / Sq Ft
10/25/2019 10/25/19 For Sale $589,000 0.0% $270 / Sq Ft
10/20/2019 10/20/19 Pending -- -- --
09/28/2019 09/28/19 Price Changed $589,000 -0.7% $270 / Sq Ft
07/14/2019 07/14/19 Price Changed $593,000 -0.3% $272 / Sq Ft
06/08/2019 06/08/19 For Sale $595,000 -- $273 / 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 $6,537 $479,310 -- --
2024 $6,390 $465,810 -- --
2023 $6,390 $452,250 $0 $0
2022 $6,287 $439,080 $0 $0
2021 $6,505 $426,300 $0 $0
2020 $7,478 $440,490 $240,000 $200,490
2019 $6,361 $365,170 $200,000 $165,170
2018 $6,114 $345,700 $200,000 $145,700
2017 $5,958 $352,440 $200,000 $152,440
2016 $5,583 $304,730 $150,000 $154,730
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

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

MLS Number: 848410

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-38-06-80-00003.0-0000.9A