NOT LISTED FOR SALE

4273 N Us Highway 1 Melbourne, FL 32935

Estimated Value: $587,572

0.91 Acre
$645,684 Price per Acre
39,640 Sq Ft Lot

Last Sold June 22, 2020

Last sale price $400,000

Est. 47% increase in value since last sale

Current estimated payment $3,589/month

163 Days on Market

Highlights

  • River Front
  • No HOA
  • Many Trees
  • 0.91 Acre Lot

About This Lot

As of June 2020

Picture yourself developing this beautiful lot with Indian River deep water and natural Coquina seawall right next door. These 0.91 acres in Palm Shores are currently zoned BU-1, but could be altered with P & Z approval to residential easily. The possibilities are endless! Wonderful high and dry lot, ready to build on!

Last Agent to Sell the Property

Ryan Solberg

MAXLIFE Realty LLC License #3354351 Listed on: 06/12/2020

Last Buyer's Agent

Ryan Solberg

MAXLIFE Realty LLC License #3354351 Listed on: 06/12/2020

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,711

Lot Details

  • 0.91 Acre Lot
  • River Front
  • Many Trees

Schools

  • Creel Elementary School
  • Johnson Middle School
  • Eau Gallie High School

Community Details

  • No Home Owners Association
  • Indian River Estates Villas Unrec Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$4,711

Lot Details

0

Listing Details

  • Property Type: Land
  • Reso Property Sub Type: Unimproved Land
  • ResoLotFeatures: Many Trees
  • Road Surface Type: Paved
  • Water Body Name: Indian River
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Indian River Estates Villas Unrec
  • Location Tax and Legal Elementary School: Creel
  • Location Tax and Legal Middle School2: Johnson
  • Location Tax and Legal High School: Eau Gallie
  • General Property Information Lot Size Acres: 0.91
  • General Property Information Lot Size Square Feet2: 39640.0
  • General Property Information Waterfront YN: Yes
  • General Property Information Senior Community YN: No
  • Utilities Electricity Connected: Yes
  • Water Source Public: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 0.91
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Lot Features:Many Trees: Yes
  • Waterfront Features:River Front: Yes

Utilities

  • Utilities: Electricity Connected
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: Johnson

Lot Info

  • Current Use: Commercial, Residential
  • Lot Size Sq Ft: 39640.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Creel
  • High School: Eau Gallie

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2020
Closed on
Jun 18, 2020
Sold by
Hansen Cheryl and Hansen Family Trust
Bought by
Pearson Paul S and Pearson Cheryl A
Seller's Agent
Ryan Solberg
MAXLIFE Realty LLC
Buyer's Agent
Ryan Solberg
MAXLIFE Realty LLC
List Price
$500,000
Sold Price
$400,000
Premium/Discount to List
-$100,000
-20%
Current Estimated Value
$587,572

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,572
Avg. Annual Appreciation
7.31%

Purchase Details

Closed on
Nov 21, 2014
Sold by
Jamesnbet Llc
Bought by
Hansen James Edward and Hansen Betty Ann

Purchase Details

Closed on
Feb 8, 2007
Sold by
Hansen James E and Hansen Betty Ann
Bought by
Jamesnbet Llc
Source: Public Records

Range of Values:

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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
Pearson Paul S $400,000 On Point Title Services Llc
Hansen James Edward -- None Available
Jamesnbet Llc -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2020 06/22/20 Sold $400,000 -20.0% --
06/12/2020 06/12/20 For Sale $500,000 +25.0% --
06/02/2020 06/02/20 Off Market $400,000 -- --
12/01/2019 12/01/19 Price Changed $500,000 -5.6% --
11/25/2019 11/25/19 Price Changed $529,400 -0.1% --
11/21/2019 11/21/19 For Sale $529,900 0.0% --
10/24/2019 10/24/19 Pending -- -- --
09/30/2019 09/30/19 Price Changed $529,900 -3.7% --
05/13/2019 05/13/19 For Sale $550,000 -- --
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 $4,711 $384,930 -- --
2023 $4,711 $384,930 $384,930 $0
2022 $4,526 $384,930 $0 $0
2021 $4,961 $384,930 $384,930 $0
2020 $4,901 $370,310 $370,310 $0
2019 $4,990 $370,310 $370,310 $0
2018 $4,615 $327,910 $327,910 $0
2017 $4,512 $122,684 $0 $0
2016 $4,384 $283,870 $283,870 $0
2015 $4,265 $263,870 $263,870 $0
2014 $4,346 $263,870 $263,870 $0
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 844865

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 26-37-32-52-00000.0-0020.00