NOT LISTED FOR SALE

4568 Alligator Flag Cir West Melbourne, FL 32904

Estimated Value: $510,676 - $533,000

5 Beds
3 Baths
2,162 Sq Ft
$241/Sq Ft Est. Value

Last Sold March 15, 2024

Last sale price $530,000 $245 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $3,527/month

7 Days on Market

Highlights

  • Heated In Ground Pool
  • Gated Community
  • Living Room
  • Melbourne Senior High School Rated A-
  • 2 Car Attached Garage
  • Tankless Water Heater

About This Home

As of March 2024

Move right into this recently upgraded 5-bedroom, 3-bath pool home located in the desirable Sawgrass Lakes where you will find the newly renovated master bedroom along with three additional guest bedrooms, each providing ample space and comfort. The home features a guest suite with a private bathroom, providing a welcoming space for visitors. The kitchen features granite countertops and island, a fantastic open floor plan with a wet bar with ice machine making it perfect for entertaining! As you walk out the family room French doors you enter your own tropical paradise. Outdoors, the property has been transformed into a space of relaxation and entertainment, with a fire pit and an 8-person hot tub inviting you to unwind under the stars. The saltwater pool, equipped with a heater, a plethora of lighting alternatives, and a spacious lounge area, ensures year-round comfort for swimming and celebrating life with friends and family! Recent improvements include fresh interior paint, Luxury Vinyl Plank flooring throughout, updated lighting, tankless water heater, a waterfall, pond, and 5 new palm trees! With resort-like amenities and a convenient location this home won't last long.

Last Agent to Sell the Property

Arch Nevins

EXP Realty, LLC License #3468640 Listed on: 01/20/2024

EXP Realty, LLC

Last Buyer's Agent

Rachel Langley

Blue Marlin Real Estate License #3547143

Blue Marlin Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,883

Year Built

  • Built in 2018

Lot Details

  • 7,405 Sq Ft Lot
  • North Facing Home
  • Front Yard Sprinklers

HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Interior Spaces

  • 2,162 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Room

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Saltwater Pool

Schools

  • Meadowlane Elementary School
  • Central Middle School
  • Melbourne High School

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 28-36-14-01-00000.0-0532.00

Community Details

Overview

  • Sawgrass Lakes Phase Three Association
  • Sawgrass Lakes The Landings Subdivision

Recreation

  • Community Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,883

Year Built

Built in 2018

Lot Details

0

HOA Fees

$112 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2018
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Sprinklers In Front
  • Reso Association Amenities: Gated
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Sawgrass Lakes The Landings
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: Yes
  • New Construction: No
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Sewer:Public Sewer: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Oven, Electric Range, Microwave, Refrigerator, Tankless Water Heater, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Total Bedrooms: 9
  • Stories: 1
  • ResoLivingAreaSource: Assessor
  • Appliances Dishwasher: Yes
  • Appliances:Tankless Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Pool Features:Community: Yes
  • Appliances:Electric Oven: Yes

Exterior Features

  • Pool Features: Community, Heated, In Ground, Private, Salt Water
  • Acres: 0.17
  • Waterfront: No
  • Direction Faces: North
  • Lot Features:Sprinklers in Front: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, Garage Door Opener
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association #2 Fee: 129.0
  • Association #2 Fee Frequency: Quarterly
  • Association Fee: 208.0
  • Association Fee Frequency: Quarterly
  • Association Name: SAWGRASS LAKES PHASE THREE
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: SAWGRASS LAKES PHASE THREE
  • General Property Information:Association Fee: 208.0
  • General Property Information:Association Fee Frequency: Quarterly
  • General Property Information:Association Fee 2: 129.0
  • General Property Information:Association Fee 2 Frequency: Quarterly
  • Association Amenities:Gated2: Yes

Schools

  • Middle Or Junior School: Central

Lot Info

  • Current Use: Residential, Single Family
  • Land Lease: No
  • Lot Size Sq Ft: 7405.2
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 3015750
  • Parcel #: 28-36-14-01-00000.0-0532.00
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2023

MLS Schools

  • Elementary School: Meadowlane
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2024
Closed on
Mar 15, 2024
Sold by
Schmidt Christopher and Bowling Mindy
Bought by
Paudel Keshab Raj and Joshi Yamuna
Seller's Agent
Arch Nevins
EXP Realty, LLC
Buyer's Agent
Rachel Langley
Blue Marlin Real Estate
List Price
$550,000
Sold Price
$530,000
Premium/Discount to List
-$20,000
-3.64%
Total Days on Market
7
Views
21
Current Estimated Value
$521,169

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,831
Avg. Annual Appreciation
-1.36%
Original Mortgage
$424,000
Outstanding Balance
$418,987
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$102,182

Purchase Details

Listed on
Nov 16, 2021
Closed on
Dec 1, 2021
Sold by
Penny Jon R and Penny Debra A
Bought by
Schmidt Christopher and Bowling Mindy
Seller's Agent
Jon Penny
JC Penny Realty, LLC
Buyer's Agent
Non-Member Non-Member Out Of Area
Non-MLS or Out of Area
List Price
$465,000
Sold Price
$500,000
Premium/Discount to List
$35,000
7.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.60%

Purchase Details

Listed on
Dec 12, 2017
Closed on
May 31, 2018
Sold by
D R Horton Inc
Bought by
Penny Jon R and Penny Debra A
Seller's Agent
Liz Boley
D.R.Horton Realty of Melbourne
Buyer's Agent
Jon Penny
Real Broker, LLC
List Price
$310,767
Sold Price
$300,018
Premium/Discount to List
-$10,749
-3.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.62%
Original Mortgage
$269,767
Interest Rate
4.4%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Paudel Keshab Raj $530,000 Atypical Title
Schmidt Christopher $500,000 Equitable Ttl Of Celebration
Penny Jon R $299,767 Dhi Title Of Florida Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paudel Keshab Raj $424,000
Previous Owner Penny Jon R $252,400
Previous Owner Penny Jon R $269,767
Previous Owner Bowling Mindy $275,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2024 03/15/24 Sold $530,000 -3.6% $245 / Sq Ft
01/28/2024 01/28/24 Pending -- -- --
01/20/2024 01/20/24 For Sale $550,000 +10.0% $254 / Sq Ft
12/06/2021 12/06/21 Sold $500,000 +7.5% $231 / Sq Ft
11/17/2021 11/17/21 Pending -- -- --
11/16/2021 11/16/21 For Sale $465,000 +55.0% $215 / Sq Ft
05/31/2018 05/31/18 Sold $300,018 -3.5% $137 / Sq Ft
04/24/2018 04/24/18 Pending -- -- --
12/12/2017 12/12/17 For Sale $310,767 -- $142 / 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
2023 $5,883 $430,240 $85,000 $345,240
2022 $5,049 $364,650 $0 $0
2021 $4,335 $279,620 $60,000 $219,620
2020 $4,144 $263,610 $55,000 $208,610
2019 $4,212 $259,760 $55,000 $204,760
2018 $769 $50,000 $50,000 $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: 1002632

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-36-14-01-00000.0-0532.00