NOT LISTED FOR SALE

480 Moray Place Melbourne Beach, FL 32951

Floridana Beach Neighborhood

Estimated Value: $422,000 - $487,000

2 Beds
2 Baths
1,205 Sq Ft
$373/Sq Ft Est. Value

Last Sold July 08, 2016

Last sale price $272,000 $226 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $2,860/month

7 Days on Market

Highlights

  • Property has ocean access
  • Boat Dock
  • Clubhouse
  • Gemini Elementary School Rated A-
  • Open Floorplan
  • Vaulted Ceiling

About This Home

As of July 2016

Enjoy Florida life with your new home with river and beach access This 2-bed, 2-bath, 2-car garage townhouse in the desirable gated Indian Landing community offers everything you could want. Light and bright spacious kitchen with eat-in nook and large pass-through to the dining/living areas for easy entertaining. Open your sliders to step out onto your back screened porch. Fully Furnished Community Pool. A short walk takes you to the community's Indian River dock. The community's private entrance to the beach includes an outdoor shower.

Last Agent to Sell the Property

Holly Dandridge Madden

Dale Sorensen Real Estate Inc. Listed on: 05/14/2016

Last Buyer's Agent

Karin Mann

RE/MAX Interactive

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,371

Year Built

  • Built in 2004

Lot Details

  • 3,049 Sq Ft Lot
  • Cul-De-Sac
  • South Facing Home

HOA Fees

  • $235 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Tile Roof
  • Concrete Siding
  • Block Exterior
  • Asphalt
  • Stucco

Interior Spaces

  • 1,205 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Great Room
  • Screened Porch
  • Security Gate

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Property has ocean access
  • Patio

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 29-38-10-84-0000g.0-0008.00

Community Details

Overview

  • Indian Landing Riverside Subdivision
  • Maintained Community

Recreation

  • Boat Dock
  • Tennis Courts
  • Community Pool

Additional Features

  • Clubhouse
  • Card or Code Access

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,371

Year Built

Built in 2004

Lot Details

0

HOA Fees

$235 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2004
  • Reso Property Sub Type: Townhouse
  • ResoLotFeatures: Cul-De-Sac
  • Road Surface Type: Asphalt
  • ResoSecurityFeatures: Key Card Entry, Security Gate
  • Reso Association Amenities: Boat Dock, Clubhouse, Maintenance Grounds, Maintenance Structure, Management - Full Time, Tennis Court(s)
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Indian Landing Riverside
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 29-38-10-84-0000g.0-0008.00
  • 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: 2371.28
  • Location Tax and Legal Tax Year2: 2015
  • General Property Information Living Area2: 1205.0
  • General Property Information Building Area Total3: 1623.0
  • General Property Information Lot Size Acres: 0.07
  • General Property Information Lot Size Square Feet2: 3049.0
  • 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
  • Cooling:Electric: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Levels One: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Road Surface Type Asphalt: Yes
  • Security Features Security Gate: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Flooring Carpet: Yes
  • Roof:Tile2: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • Room Types Great Room: Yes
  • Security Features Key Card Entry: Yes
  • Room Types Laundry: Yes
  • General Property Information Lot Size Dimensions: 30.0 ft x 108.0 ft
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Open Floorplan, Pantry, Primary Bathroom - Tub with Shower, Primary Downstairs, Skylight(s), Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
  • Flooring: Carpet, Tile
  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Interior Features:Primary Downstairs: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Open Floorplan: Yes
  • Pool Features:Community: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Skylight(s): Yes

Exterior Features

  • Pool Features: Community
  • Roof: Tile
  • Acres: 0.07
  • Waterfront Features: Ocean Access
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: South
  • Patio And Porch Features: Patio, Porch, Screened
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Lot Features:Cul-De-Sac: Yes
  • Waterfront Features:Ocean Access: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Cable Available, Electricity Connected, Water Available
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 235.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 235.0
  • General Property Information:Association Fee Frequency: Monthly
  • Association Amenities:Clubhouse: Yes
  • Association Amenities:Boat Dock: Yes
  • Association Amenities:Tennis Court(s)2: Yes

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Lot Dimensions: 30.0 ft x 108.0 ft
  • Lot Size Sq Ft: 3049.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 29-38-10-84-0000g.0-0008.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 2371.28

MLS Schools

  • Elementary School: Gemini
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2016
Closed on
Jul 8, 2016
Sold by
Mcdowell Todd Anderson and The Virginia E Mcdowell Revoca
Bought by
Castner John Farancis
Seller's Agent
Holly Dandridge Madden
Dale Sorensen Real Estate Inc.
Buyer's Agent
Karin Mann
RE/MAX Interactive
List Price
$279,000
Sold Price
$272,000
Premium/Discount to List
-$7,000
-2.51%
Current Estimated Value
$449,642

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,642
Avg. Annual Appreciation
5.39%
Original Mortgage
$100,000
Outstanding Balance
$79,984
Interest Rate
3.64%
Estimated Equity
$369,658

Purchase Details

Closed on
May 4, 2006
Sold by
Mcdowell Virginia E
Bought by
Mcdowell Virginia E and Virginia E Mcdowell Revocable

Purchase Details

Closed on
May 27, 2003
Sold by
Floridron Indian Landing Ltd Inc
Bought by
Mcdowell Virginia E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Castner John Farancis $272,000 State Title Partners Llp
Mcdowell Virginia E -- Attorney
Mcdowell Virginia E $47,000 Alliance Title Brevard Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Castner John Farancis $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/08/2016 07/08/16 Sold $272,000 -2.5% $226 / Sq Ft
05/22/2016 05/22/16 Pending -- -- --
05/14/2016 05/14/16 For Sale $279,000 -- $232 / 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 $3,482 $293,850 -- --
2024 $3,426 $285,570 -- --
2023 $3,426 $277,260 $0 $0
2022 $3,184 $269,190 $0 $0
2021 $3,325 $261,350 $0 $0
2020 $3,304 $257,750 $75,000 $182,750
2019 $3,318 $256,050 $75,000 $181,050
2018 $3,347 $252,320 $75,000 $177,320
2017 $3,565 $219,890 $75,000 $144,890
2016 $2,298 $166,920 $65,000 $101,920
2015 $2,371 $165,760 $65,000 $100,760
2014 $2,387 $164,450 $65,000 $99,450
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2016

    Holly Dandridge Madden

    Dale Sorensen Real Estate Inc.

  • K

    Buyer's Agent in 2016

    Karin Mann

    RE/MAX Interactive

See All Agents

Map

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

MLS Number: 754572

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 29-38-10-84-0000G.0-0008.00

Florida Brevard County Melbourne Beach 32951 Floridana Beach

480 Moray Place, Melbourne Beach, FL

Not Listed for Sale

Townhouses

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Space Coast MLS (Space Coast Association of REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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