497 Melrose Ln Sebastian, FL 32958
Sebastian Highlands NeighborhoodEstimated Value: $290,689 - $324,000
3
Beds
2
Baths
1,072
Sq Ft
$287/Sq Ft
Est. Value
Highlights
- Corner Lot
- Great Room
- Screened Porch
- Sebastian Elementary School Rated 9+
- No HOA
- 2-minute walk to Golden Sands Park Lifeguard
About This Home
As of September 2023Huge income and AirBnB potential! Great location just 15 min to the beach! NO HOA rules & nonsense pricey fees! Beautifully remodeled, easy drive to 2 Publix stores, golf courses, restaurants, and the river! The quartz breakfast bar kitchen is punctuated w/textured wood cabinets & SS appliances. High vaulted ceilings are underscored by easy maintenance wood-look luxury vynil floors throughout including all bdrms. The master bdrm offers a walk-in closet, a tiled walk-in shower w/soap niche & new vanity. Two other bdrms share the guest bathroom, also redone w/new vanity & tiled shower. Comfortable living rm opens to the dining area where glass slider greets the breezy oversized screened porch, framing a lovely view of the backyard. Next door lot MLS 967510 also for sale at $75K
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,260
Year Built
- Built in 1987
Lot Details
- 0.31 Acre Lot
- North Facing Home
- Corner Lot
Parking
- 2 Car Attached Garage
Home Design
- Frame Construction
- Shingle Roof
- Wood Siding
- Asphalt
Interior Spaces
- 1,072 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Great Room
- Screened Porch
- Vinyl Flooring
Kitchen
- Breakfast Bar
- Electric Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- Split Bedroom Floorplan
- 2 Full Bathrooms
- Bathtub and Shower Combination in Primary Bathroom
Outdoor Features
- Patio
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- Septic Tank
- Cable TV Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 31381300002202000039.0
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 15, 2023
Closed on
Sep 6, 2023
Sold by
Wge Group Llc
Bought by
Wortham Stephanie and Wortham Robert M
Seller's Agent
Silvia Mozer
RE/MAX Elite
Buyer's Agent
Non-Member Non-Member Out Of Area
Non-MLS or Out of Area
List Price
$329,900
Sold Price
$297,690
Premium/Discount to List
-$32,210
-9.76%
Total Days on Market
42
Views
283
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,232
Avg. Annual Appreciation
1.93%
Original Mortgage
$14,004
Outstanding Balance
$13,796
Interest Rate
6.9%
Estimated Equity
$293,652
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
Dec 29, 1998
Sold by
Castillo Esteban and Castillo Didia
Bought by
Stella Mary Anne
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,805
Interest Rate
6.87%
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Similar Homes in Sebastian, FL
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Wortham Stephanie | $297,690 | State Title Partners | |
| Wge Group Llc | $220,000 | Marina Title | |
| Howle William T | $161,000 | Stewart Title Of Indian Rive | |
| Stella Mary Anne | $67,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Wortham Stephanie | $14,004 | |
| Open | Wortham Stephanie | $280,087 | |
| Previous Owner | Howle William T | $143,805 | |
| Previous Owner | Howle William T | $156,000 | |
| Previous Owner | Young John R | $50,000 | |
| Previous Owner | Young Jon R | $15,000 | |
| Previous Owner | Young Jon R | $70,500 | |
| Previous Owner | Stella Mary Anne | $67,805 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/13/2023 09/13/23 | Sold | $297,690 | -0.8% | $278 / Sq Ft |
| 07/28/2023 07/28/23 | Pending | -- | -- | -- |
| 07/07/2023 07/07/23 | Price Changed | $299,990 | -9.1% | $280 / Sq Ft |
| 06/15/2023 06/15/23 | For Sale | $329,900 | -- | $308 / Sq Ft |
Source: Space Coast MLS (Space Coast Association of REALTORS®)
Tax History Compared to Growth
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 | $4,021 | $247,325 | $79,965 | $167,360 |
| 2023 | $4,021 | $226,093 | $0 | $0 |
| 2022 | $3,527 | $205,539 | $50,886 | $154,653 |
| 2021 | $832 | $75,468 | $0 | $0 |
| 2020 | $823 | $74,426 | $0 | $0 |
| 2019 | $818 | $72,753 | $0 | $0 |
| 2018 | $822 | $71,397 | $0 | $0 |
| 2017 | $763 | $69,928 | $0 | $0 |
| 2016 | $767 | $68,490 | $0 | $0 |
| 2015 | $792 | $68,020 | $0 | $0 |
| 2014 | $761 | $67,490 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Silvia Mozer
Seller's Agent in 2023
Silvia Mozer
RE/MAX
(321) 720-2038
2 in this area
349 Total Sales
-
N
Buyer's Agent in 2023
Non-Member Non-Member Out Of Area
Non-MLS or Out of Area
Map
Source: Space Coast MLS (Space Coast Association of REALTORS®)
MLS Number: 967487
APN: 31-38-13-00002-2020-00039.0
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