NOT LISTED FOR SALE

4863 Borealis Ct Melbourne, FL 32940

Estimated Value: $557,000 - $627,592

4 Beds
3 Baths
2,501 Sq Ft
$233/Sq Ft Est. Value

Last Sold November 18, 2019

Last sale price $379,000 $152 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $3,638/month

95 Days on Market

Highlights

  • Lake Front
  • Home fronts a pond
  • Bonus Room
  • Sherwood Elementary School Rated 9+
  • Open Floorplan
  • Great Room

About This Home

As of November 2019

Better than New!! Largest lot in gated community of Pineda Ridge. Step into a spacious open floor plan with every room overlooking the lake. Eat In kitchen has granite countertops, 48'' cabinets, gas stove, SS Appliances, oversized pantry, & an island that will seat 8. Downstairs Bedroom & Bath w/Pocket Door perfect for a Mother-In-Law Suite, Crown molding & laminate/tile floors, & screened patio complete the downstairs. Upstairs Master bedroom has French doors to the 32' balcony where you can watch the sunrise or Rocket launches while overlooking the lake. Master Bath is a true owners retreat with walk in shower, tub, double sinks, walk-in closet, & WC. 4th Bedroom currently being used as an Office.
Upstairs Bonus room & Laundry. Zoned Viera High School. This is a MUST SEE

Last Agent to Sell the Property

Debra Scheffter

RE/MAX Elite License #3283051 Listed on: 07/11/2019

RE/MAX Elite

Last Buyer's Agent

Karin Mann

RE/MAX Elite License #3237365

RE/MAX Elite

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,488

Year Built

  • Built in 2015

Lot Details

  • 9,148 Sq Ft Lot
  • Home fronts a pond
  • Lake Front
  • Cul-De-Sac
  • West Facing Home
  • Vinyl Fence
  • Front and Back Yard Sprinklers

HOA Fees

  • $40 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Property Views

  • Lake
  • Pond

Home Design

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

Interior Spaces

  • 2,501 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Ceiling Fan
  • Great Room
  • Dining Room
  • Bonus Room
  • Screened Porch

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • In-Law or Guest Suite
  • 3 Full Bathrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Security Gate
  • Hurricane or Storm Shutters

Outdoor Features

  • Balcony
  • Patio

Schools

  • Sherwood Elementary School
  • Johnson Middle School
  • Viera High School

Utilities

  • Cooling Available
  • Zoned Heating System
  • Well
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 26-36-25-77-00000.0-0118.00

Community Details

Overview

  • Pineda Ridge Hoa/Omega Community Management Association
  • Pineda Ridge Subdivision Phase 2
  • Maintained Community

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,488

Year Built

Built in 2015

Lot Details

0

HOA Fees

$40 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2015
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • ResoLotFeatures: Cul-De-Sac, Sprinklers In Front, Sprinklers In Rear
  • Road Surface Type: Asphalt
  • Reso View: Lake, Pond, Water
  • ResoSecurityFeatures: Security Gate
  • Reso Association Amenities: Maintenance Grounds, Management - Off Site
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Pineda Ridge Subdivision Phase 2
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 26-36-25-77-00000.0-0118.00
  • Location Tax and Legal Elementary School: Sherwood
  • Location Tax and Legal Middle School2: Johnson
  • Location Tax and Legal High School: Viera
  • Location Tax and Legal Tax Annual Amount: 4488.45
  • Location Tax and Legal Tax Year2: 2018
  • General Property Information Living Area2: 2501.0
  • General Property Information Building Area Total3: 3043.0
  • General Property Information Lot Size Acres: 0.21
  • General Property Information Lot Size Square Feet2: 9148.0
  • 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: West
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling:Electric: Yes
  • Fencing Fenced2: Yes
  • Flooring Laminate: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • General Property Information Community Fee(s) YN: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Pets Allowed Yes: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Road Surface Type Asphalt: Yes
  • Roof:Shingle: Yes
  • Security Features Security Gate: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • ViewPond: Yes
  • Flooring Carpet: Yes
  • Levels Two: Yes
  • Water Source Well: Yes
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • View Water3: Yes
  • Room Types Dining Room: Yes
  • Room Types Great Room: Yes
  • Room Types Laundry: Yes
  • Interior Features Guest Suite: Yes
  • Utilities Natural Gas Connected: Yes
  • Room Types Bonus Room: Yes
  • Fencing Vinyl2: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-in Features, Ceiling Fan(s), Eat-in Kitchen, Guest Suite, Kitchen Island, Open Floorplan, Pantry, Primary Bathroom - Tub with Shower, Primary Bathroom -Tub with Separate Shower, Split Bedrooms, Walk-In Closet(s)
  • Flooring: Carpet, Laminate, Tile
  • Appliances: Dishwasher, Disposal, Electric Water Heater, Gas Range, Ice Maker, Microwave, Refrigerator
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Gas Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Open Floorplan: Yes
  • Pool Features:Community: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Built-in Features: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Walk-In Closet(s): Yes

Exterior Features

  • Exterior Features: Balcony, Storm Shutters
  • Pool Features: Community
  • Roof: Shingle
  • Fencing: Fenced, Vinyl
  • Acres: 0.21
  • Waterfront Features: Lake Front, Pond
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: West
  • 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
  • Exterior Features:Storm Shutters: Yes
  • Lot Features:Cul-De-Sac: Yes
  • View:Lake: Yes
  • Exterior Features:Balcony: Yes
  • Waterfront Features:Lake Front: Yes
  • Waterfront Features:Pond2: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Lot Features:Sprinklers In Rear: 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: Electric
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Water Available
  • Heating: Central, Electric, Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Central: Yes
  • Heating:Electric3: Yes
  • Heating:Zoned2: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 475.0
  • Association Fee Frequency: Annually
  • Association Name: Pineda Ridge HOA/Omega Community Management
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: Pineda Ridge HOA/Omega Community Management
  • General Property Information:Association Fee: 475.0
  • General Property Information:Association Fee Frequency: Annually

Schools

  • Middle Or Junior School: Johnson

Lot Info

  • Lot Size Sq Ft: 9148.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 26-36-25-77-00000.0-0118.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 4488.45

MLS Schools

  • Elementary School: Sherwood
  • High School: Viera

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2019
Closed on
Nov 8, 2019
Sold by
Vellanti Christine
Bought by
Webb Renee Susan
Seller's Agent
Debra Scheffter
RE/MAX Elite
Buyer's Agent
Karin Mann
RE/MAX Elite
List Price
$425,000
Sold Price
$379,000
Premium/Discount to List
-$46,000
-10.82%
Current Estimated Value
$583,898

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$204,898
Avg. Annual Appreciation
7.32%
Original Mortgage
$391,507
Outstanding Balance
$343,735
Interest Rate
3.5%
Estimated Equity
$240,163

Purchase Details

Closed on
Feb 27, 2015
Sold by
Life Style Homes Builders Inc
Bought by
Vellanti Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,238
Interest Rate
3.75%

Purchase Details

Closed on
Aug 4, 2014
Sold by
Pineda Crossing Corporation
Bought by
Life Style Homes Builders Inc
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
Webb Renee Susan $379,000 Prestige Ttl Of Brevard Llc
Vellanti Christine $335,297 State Title Partners Llp
Life Style Homes Builders Inc $75,000 Americas Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Webb Renee Susan $391,507
Previous Owner Vellanti Christine $268,238
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/18/2019 11/18/19 Sold $379,000 0.0% $152 / Sq Ft
10/14/2019 10/14/19 Pending -- -- --
10/04/2019 10/04/19 Price Changed $379,000 -1.3% $152 / Sq Ft
09/27/2019 09/27/19 Price Changed $384,000 -0.8% $154 / Sq Ft
09/20/2019 09/20/19 Price Changed $387,000 -0.5% $155 / Sq Ft
09/06/2019 09/06/19 Price Changed $389,000 -2.5% $156 / Sq Ft
08/14/2019 08/14/19 Price Changed $399,000 -2.7% $160 / Sq Ft
07/26/2019 07/26/19 Price Changed $410,000 -3.5% $164 / Sq Ft
07/11/2019 07/11/19 For Sale $425,000 -- $170 / 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 $6,465 $421,160 -- --
2024 $6,334 $409,300 -- --
2023 $6,334 $397,380 $0 $0
2022 $4,959 $325,650 $0 $0
2021 $5,042 $316,170 $0 $0
2020 $4,993 $311,810 $62,400 $249,410
2019 $4,492 $275,250 $0 $0
2018 $4,488 $270,120 $0 $0
2017 $4,504 $264,570 $0 $0
2016 $4,602 $259,130 $74,400 $184,730
2015 $1,402 $62,400 $62,400 $0
2014 $1,076 $59,800 $59,800 $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: 850318

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 26-36-25-77-00000.0-0118.00