M
Seller's Agent in 2014
Michael Jaffe
Coldwell Banker Paradise
405 Atlantic St Melbourne Beach, FL 32951
Estimated Value: $3,537,000 - $9,701,000
5
Beds
5.5
Baths
8,707
Sq Ft
$827/Sq Ft
Est. Value
Highlights
- Ocean Front
- In Ground Pool
- Vaulted Ceiling
- Gemini Elementary School Rated A-
- 0.98 Acre Lot
- Marble Flooring
About This Home
As of April 2014Shangri-La is the ultimate in ocean front living. .98 acres with 175 feet of beach frontage. Built on 131 pilings, poured concrete walls with steel reinforcement, 6in steel window frames with impact glass. Tile roof is glued with stainless screws.The house was engineered to survive a major hurricane. All major systems computer controlled. A computerized leak detection system has been installed. 12/2012 a 10 KW Photvoltaic system installed rated 160 MPH powers 1/3 of the estate. '||chr(10)||'Addendum - Elevator takes you to 2nd level of main living areas with unsurpassed views of the Atlantic ocean. Over 400,000 was spent on the movie theater and electronic systems that control the residence. Dual gating system, travertine driveway wide enough for 2 cars to pass. 50 foot lap lane within a custom -lagoon pool-, including slide, waterfalls, and lounge Jacuzzi. Complete guest cabana, air conditioned 4 car garage. Full summer kitchen including refrigerator, icemaker, tv and sound system. Indoor gym could be easily converted to 6th bedroom. Custom library with separate A/C system and carbon/ozone filter. Extensive custom built features throughout.Owner has added in December of 2012 a a 10KW photovoltaic cell system. This system is estimated to produce enough electricity to power 1/3 of the estate.The panels are rated at 160 MPH.
Last Agent to Sell the Property
Michael Jaffe
Coldwell Banker Paradise Listed on: 12/21/2011
Co-Listed By
Bea Jaffe
Coldwell Banker Paradise
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $33,653
Year Built
- Built in 2007
Lot Details
- 0.98 Acre Lot
- Lot Dimensions are 175 x 250
- Ocean Front
- Street terminates at a dead end
- West Facing Home
- Front and Back Yard Sprinklers
Home Design
- Tile Roof
- Concrete Siding
- Stucco
Interior Spaces
- 8,707 Sq Ft Home
- 2-Story Property
- Built-In Features
- Vaulted Ceiling
- Ceiling Fan
- Fireplace
- Living Room
- Dining Room
- Screened Porch
- Marble Flooring
- Water Views
- Dryer
Kitchen
- Gas Range
- Freezer
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms
- Split Bedroom Floorplan
- Dual Closets
- Walk-In Closet
- Bathtub and Shower Combination in Primary Bathroom
- Spa Bath
Parking
- Attached Garage
- Garage Door Opener
Outdoor Features
- In Ground Pool
- Balcony
- Outdoor Kitchen
Schools
- Gemini Elementary School
- Hoover Middle School
- Melbourne High School
Utilities
- Central Air
- Heating Available
- Whole House Permanent Generator
- Well
- Cable TV Available
Community Details
- No Home Owners Association
- Beaujeans Plat Of Melbourne Beach Subdivision
Listing and Financial Details
- Assessor Parcel Number 28380550000050000200
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 5, 2014
Sold by
Dwyer John W and Dwyer Nancy E
Bought by
Dwyer John W and Dwyer Nancy E
Current Estimated Value
Purchase Details
Listed on
Dec 21, 2011
Closed on
Apr 15, 2014
Sold by
Lesser Michael F and Lesser Kim Nicole
Bought by
Dwyer John W and Dwyer Nancy E
Seller's Agent
Michael Jaffe
Coldwell Banker Paradise
Buyer's Agent
Dave Settgast
One Sotheby's International
List Price
$3,650,000
Sold Price
$3,750,000
Premium/Discount to List
$100,000
2.74%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.81%
Purchase Details
Closed on
Sep 28, 2007
Sold by
Lesser Michael F and Lesser Kimberly
Bought by
Lesser Michael F and Fisher Brian G
Purchase Details
Closed on
Oct 11, 2002
Sold by
Lesser Jennie L
Bought by
Lesser Michael F
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Dwyer John W | -- | State Title | |
| Dwyer John W | $3,750,000 | State Title | |
| Lesser Michael F | -- | Attorney | |
| Lesser Michael F | -- | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/15/2014 04/15/14 | Sold | $3,750,000 | +2.7% | $431 / Sq Ft |
| 02/26/2014 02/26/14 | Pending | -- | -- | -- |
| 12/21/2011 12/21/11 | For Sale | $3,650,000 | -- | $419 / Sq Ft |
Source: Space Coast MLS (Space Coast Association of REALTORS®)
Tax History Compared to Growth
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 | $55,260 | $3,802,440 | -- | -- |
| 2024 | $54,154 | $3,695,280 | -- | -- |
| 2023 | $54,154 | $3,587,660 | $0 | $0 |
| 2022 | $53,632 | $3,483,170 | $0 | $0 |
| 2021 | $55,713 | $3,381,720 | $0 | $0 |
| 2020 | $55,316 | $3,335,030 | $0 | $0 |
| 2019 | $55,347 | $3,260,050 | $0 | $0 |
| 2018 | $55,102 | $3,199,270 | $0 | $0 |
| 2017 | $54,489 | $3,133,470 | $0 | $0 |
| 2016 | $56,018 | $3,069,030 | $1,300,000 | $1,769,030 |
| 2015 | $56,919 | $3,047,700 | $1,300,000 | $1,747,700 |
| 2014 | $34,059 | $1,814,680 | $1,328,130 | $486,550 |
Source: Public Records
Agents Affiliated with this Home
-
-
B
Seller Co-Listing Agent in 2014
Bea Jaffe
Coldwell Banker Paradise
-
Dave Settgast
Buyer's Agent in 2014
Dave Settgast
One Sotheby's International
(321) 543-1187
65 in this area
263 Total Sales
Map
Source: Space Coast MLS (Space Coast Association of REALTORS®)
MLS Number: 630527
APN: 28-38-05-50-00005.0-0002.00
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