$70,000
SOLD OCT 5, 2023

493 Melrose Ln Sebastian, FL 32958

Sebastian Highlands Neighborhood
-- Bed
-- Bath
-- Sq Ft
10,019 Sq Ft Lot

Recently Sold

7% Below List Price

41 Days on Market

About This Home

As of December 2024

Huge opportunity & a rare find with this terrific vacant lot with storage shed, centrally located, minutes to the river, near 2 Publix grocery stores, 4 golf courses and just 15 minutes to the beach! This 0.23 acre lot is zoned single-family / residential & it has been cleared, with only a few trees left. It offers city water and septic. There is no Homeowners Association here, therefore build and live w/freedom, park your trailer, truck or boat outside, choose your fruit trees or any other plants, select your own paint colors without having to ask for architectural approval. Here, you'll be in control! Next door house at 497 Melrose Ln is available for sale, please check MLS# 967487

Last Agent to Sell the Property

Silvia Mozer

RE/MAX Elite License #3078462 Listed on: 06/15/2023

RE/MAX Elite

Last Buyer's Agent

Rocky Lee

Palm & Pine R.E. Advisors LLC License #3378114

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $445

Lot Details

  • 10,019 Sq Ft Lot
  • Cleared Lot

Utilities

  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 31381300002202000038.0

Home Details

Home Type

Single Family

Est. Annual Taxes

$445

Lot Details

0

Listing Details

  • Property Type: Land
  • Reso Property Sub Type: Unimproved Land
  • ResoLotFeatures: Cleared
  • Road Surface Type: Paved
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: None
  • Location Tax and Legal Parcel Number2: 31381300002202000038.0
  • Location Tax and Legal Tax Annual Amount: 445.34
  • Location Tax and Legal Tax Year2: 2022
  • General Property Information Lot Size Acres: 0.23
  • General Property Information Lot Size Square Feet2: 10019.0
  • General Property Information Senior Community YN: No
  • Utilities Water Available: Yes
  • General Property Information Lot Size Dimensions: 80.0 ft x 125.0 ft
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Exterior Features

  • Acres: 0.23
  • Lot Features:Cleared: Yes

Utilities

  • Utilities: Water Available
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Current Use: Residential, Single Family
  • Lot Dimensions: 80.0 ft x 125.0 ft
  • Lot Size Sq Ft: 10019.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 31381300002202000038.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 445.34

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2024
Closed on
Dec 30, 2024
Sold by
Dr Horton Inc
Bought by
Daponte Jill Nelson
Seller's Agent
Liz Boley
D R Horton Realty of Melbourne
Buyer's Agent
NON-MLS AGENT
NON MLS
List Price
$395,950
Sold Price
$379,990
Premium/Discount to List
-$15,960
-4.03%
Views
10
Current Estimated Value
$365,063

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,927
Avg. Annual Appreciation
-6.12%

Purchase Details

Listed on
Jun 15, 2023
Closed on
Oct 5, 2023
Sold by
Wge Group Llc
Bought by
D R Horton Inc
Seller's Agent
Silvia Mozer
RE/MAX Elite
Buyer's Agent
Rocky Lee
Palm & Pine R.E. Advisors LLC
List Price
$75,000
Sold Price
$70,000
Premium/Discount to List
-$5,000
-6.67%
Views
41

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
291.27%

Purchase Details

Closed on
May 17, 2023
Sold by
Howle William T and Howle Carlene
Bought by
Wge Group Llc

Purchase Details

Closed on
Oct 4, 2007
Sold by
Young John R and Young Maryanne
Bought by
Howle William T and Howle Carlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
6.41%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 16, 2003
Sold by
Stella Maryanne and Stella Mary Anne
Bought by
Young John R and Young Maryanne

Purchase Details

Closed on
Apr 9, 1999
Sold by
Luna Danilo E and Luna Caroline K
Bought by
Stella Maryanne
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 Type Sale Price Title Company
Special Warranty Deed $379,990 Dhi Title Of Florida
Special Warranty Deed $379,990 Dhi Title Of Florida
Warranty Deed $70,000 Dhi Title Of Florida
Warranty Deed $220,000 Marina Title
Warranty Deed $161,000 Stewart Title Of Indian Rive
Quit Claim Deed -- --
Warranty Deed $10,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $156,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2024 12/30/24 Sold $379,990 -1.3% $208 / Sq Ft
12/02/2024 12/02/24 Pending -- -- --
11/06/2024 11/06/24 Price Changed $384,990 -2.8% $211 / Sq Ft
07/03/2024 07/03/24 For Sale $395,950 +465.6% $217 / Sq Ft
10/05/2023 10/05/23 Sold $70,000 -6.7% --
07/25/2023 07/25/23 Pending -- -- --
06/13/2023 06/13/23 For Sale $75,000 -- --
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 $604 $56,100 $56,100 --
2023 $604 $18,922 $0 $0
2022 $464 $35,700 $35,700 $0
2021 $442 $32,300 $32,300 $0
2020 $403 $27,200 $27,200 $0
2019 $375 $24,140 $24,140 $0
2018 $341 $19,720 $19,720 $0
2017 $261 $14,620 $0 $0
2016 $241 $12,240 $0 $0
2015 $239 $12,240 $0 $0
2014 $202 $8,960 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2024

    Liz Boley

    D R Horton Realty of Melbourne

  • N

    Buyer's Agent in 2024

    NON-MLS AGENT

    NON MLS

  • S

    Seller's Agent in 2023

    Silvia Mozer

    RE/MAX

  • R

    Buyer's Agent in 2023

    Rocky Lee

    Palm & Pine R.E. Advisors LLC

See All Agents

Map

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

MLS Number: 967510

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 31-38-13-00002-2020-00038.0

Florida Indian River County Sebastian 32958 Sebastian Highlands

493 Melrose Ln, Sebastian, FL

This home is located at 493 Melrose Ln, Sebastian, FL 32958 and is currently priced at $70,000. 493 Melrose Ln is a home located in Indian River County with nearby schools including Sebastian Elementary School, Storm Grove Middle School, and Sebastian River High School.

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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