NOT LISTED FOR SALE

4720 Lk Waterford Way Unit 3107 Melbourne, FL 32901

Estimated Value: $219,000 - $240,876

3 Beds
2 Baths
1,491 Sq Ft
$315/mo HOA Fee

Last Sold January 21, 2016

Last sale price $59,000 $40 Per Sq Ft

Est. 285% increase in value since last sale

Current estimated payment $1,612/month

20 Days on Market

Highlights

  • Lake Front
  • Screened Porch
  • Eat-In Kitchen
  • Home fronts a pond
  • Community Pool
  • Patio

About This Home

As of January 2016

Lake in the Woods Complex. This 3 Bedrooms 2 Bath unit needs major TLC. Perfect for the Investors looking to get back into the Rental market or the homeowner looking for Sweat Equity. Property is Sold in AS-IS Condition. See attachment for PAS requirements and WFHM offer submittal information in MLS document section.

Last Agent to Sell the Property

Gene Collins

Collins And Assoc. R.E. License #493963 Listed on: 11/18/2015

Last Buyer's Agent

Gene Collins

Collins And Assoc. R.E. License #493963 Listed on: 11/18/2015

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,394

Year Built

  • Built in 1986

Lot Details

  • Home fronts a pond
  • Lake Front
  • South Facing Home

HOA Fees

  • $315 Monthly HOA Fees

Parking

  • On-Street Parking

Property Views

  • Lake
  • Pond

Home Design

  • Shingle Roof
  • Asphalt

Interior Spaces

  • 1,491 Sq Ft Home
  • 2-Story Property
  • Screened Porch
  • Concrete Flooring

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio
  • Shed

Schools

  • Riviera Elementary School
  • Stone Middle School
  • Palm Bay High School

Utilities

  • No Cooling
  • Electric Water Heater

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 28-37-21-00-00032.D-0000.00

Community Details

Overview

  • The Gables At Lake In The Woods Ph Ii Subdivision

Recreation

  • Community Pool

Pet Policy

  • Pet Size Limit
  • Breed Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,394

Year Built

Built in 1986

Lot Details

0

HOA Fees

$315 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1986
  • Reso Property Sub Type: Condominium
  • Road Surface Type: Asphalt
  • Reso View: Lake, Pond, Water
  • Reso Association Amenities: Management - Off Site
  • ResoSpecialListingConditions: Real Estate Owned
  • Subdivision Name: The Gables at Lake In The Woods Ph II
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Reso Other Structures: Shed(s)
  • Location Tax and Legal Parcel Number2: 28-37-21-00-00032.D-0000.00
  • Location Tax and Legal Elementary School: Riviera
  • Location Tax and Legal Middle School2: Stone
  • Location Tax and Legal High School: Palm Bay
  • Location Tax and Legal Tax Annual Amount: 1393.64
  • Location Tax and Legal Tax Year2: 2015
  • General Property Information Living Area2: 1491.0
  • General Property Information Building Area Total3: 1491.0
  • General Property Information Lot Size Acres: 0.16
  • General Property Information Lot Size Square Feet2: 6970.0
  • General Property Information New Construction YN: No
  • General Property Information Waterfront YN: Yes
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: South
  • Levels One: Yes
  • Road Surface Type Asphalt: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • ViewPond: Yes
  • Pets Allowed Size Limit: Yes
  • General Property Information Carport YN2: No
  • Other Structures Shed(s): Yes
  • Utilities Water Available: Yes
  • View Water3: Yes
  • General Property Information Stories Total: 2
  • Flooring Concrete: Yes
  • Pets Allowed Breed Restrictions: Yes
  • Cooling None2: Yes
  • Special Listing Conditions Real Estate Owned: Yes
  • Special Features: 5120
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Interior Amenities: Eat-in Kitchen
  • Flooring: Concrete
  • Appliances: Dishwasher, Electric Range, Electric Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Total Bedrooms: 7
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Pool Features:Community: Yes

Exterior Features

  • Pool Features: Community
  • Roof: Shingle
  • Acres: 0.16
  • Waterfront Features: Lake Front, Pond
  • Waterfront: Yes
  • Direction Faces: South
  • Patio And Porch Features: Patio, Porch, Screened
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • View:Lake: Yes
  • Waterfront Features:Lake Front: Yes
  • Waterfront Features:Pond2: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: On Street
  • General Property Information:Garage YN: No
  • Parking Features:On Street: Yes

Utilities

  • Cooling: None
  • Utilities: Water Available
  • Cooling Y N: No

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 315.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 315.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

  • Middle Or Junior School: Stone

Lot Info

  • Lot Size Sq Ft: 6970.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2830848
  • Parcel #: 28-37-21-00-00032.D-0000.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 1393.64

MLS Schools

  • Elementary School: Riviera
  • High School: Palm Bay

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 12, 2016
Sold by
Hoffman Michael J and Jacoby David H
Bought by
Deman Nicole
Current Estimated Value
$226,988

Purchase Details

Listed on
Nov 18, 2015
Closed on
Dec 30, 2015
Sold by
Wells Fargo Bank Na
Bought by
Hoffman Michael J and Jacoby David H
Seller's Agent
Gene Collins
Collins And Assoc. R.E.
Buyer's Agent
Gene Collins
Collins And Assoc. R.E.
List Price
$65,900
Sold Price
$59,000
Premium/Discount to List
-$6,900
-10.47%

Purchase Details

Closed on
Oct 22, 2015
Sold by
Lake In The Woods Condominium Associatio
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Aug 15, 2005
Sold by
Ruiz Oscar and Santa Vera
Bought by
Soch Alan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,572
Interest Rate
5.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 17, 2004
Sold by
Goetz Dorothy E
Bought by
Ruiz Oscar and Santa Vera

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,500
Interest Rate
5.97%
Mortgage Type
Purchase Money Mortgage
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
Deman Nicole $118,000 Precise Title Inc
Hoffman Michael J $59,000 Stewart Title Company
Wells Fargo Bank Na -- None Available
Soch Alan $171,000 State Title
Ruiz Oscar $130,000 State Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Soch Alan $139,572
Previous Owner Ruiz Oscar $123,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/21/2016 01/21/16 Sold $59,000 -10.5% $40 / Sq Ft
12/08/2015 12/08/15 Pending -- -- --
11/17/2015 11/17/15 For Sale $65,900 -- $44 / 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 $661 $73,960 $0 $0
2022 $616 $71,810 $0 $0
2021 $631 $69,720 $0 $0
2020 $629 $68,760 $0 $0
2019 $640 $67,220 $0 $0
2018 $646 $65,970 $0 $0
2017 $655 $64,620 $0 $0
2016 $1,625 $74,740 $0 $0
2015 $1,394 $61,020 $0 $0
2014 $1,249 $55,480 $0 $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: 740142

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-37-21-00-00032.D-0000.00