NOT LISTED FOR SALE

502 Sedges Ave West Melbourne, FL 32904

Estimated Value: $425,711 - $445,000

4 Beds
2 Baths
2,055 Sq Ft
$212/Sq Ft Est. Value

Last Sold December 06, 2019

Last sale price $290,000 $141 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $2,847/month

50 Days on Market

Highlights

  • Fitness Center
  • Views of Preserve
  • Clubhouse
  • Senior Community
  • Open Floorplan
  • Corner Lot

About This Home

As of December 2019

**MOTIVATED SELLERS BRING ALL OFFERS! ** BETTER THAN NEW! This recently built gorgeous home in a highly desirable 55+ gated neighborhood shows like a model home. An over-sized island in the gourmet kitchen with beautiful granite counter-tops and an open floor plan make for great entertaining and family gatherings. Located on an over-sized corner lot next to a nature preserve in a quiet community, this home offers up peaceful retreats on your screened back patio. The large master suite includes 2 walk-in closets and a bathroom with double vanities, a walk-in shower, and plenty of counter space. The neighborhood includes complete maintenance free yard care and the master HOA provides a resort style club house and pool area. Upgrades include a screened porch, ceiling fans and light fixtures, sealed paver driveway, beautiful stone front apron, sealed garage floor, and gutters. Tile floors in main living areas with carpeted bedrooms.

Last Agent to Sell the Property

Daniel Frey

RE/MAX Aerospace Realty Listed on: 11/07/2019

Last Buyer's Agent

Jesse Tortorice

Spectrum, Inc. License #3031729

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $921

Year Built

  • Built in 2018

Lot Details

  • 0.29 Acre Lot
  • East Facing Home
  • Corner Lot
  • Front and Back Yard Sprinklers

HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

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

Interior Spaces

  • 2,055 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Family Room
  • Screened Porch
  • Views of Preserve
  • Security Gate

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Patio

Schools

  • Meadowlane Elementary School
  • Central Middle School
  • Melbourne High School

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 28-36-14-77-00000.0-0500.00

Community Details

Overview

  • Senior Community
  • Association fees include insurance
  • Ryan Marrs Towers Management Group Association, Phone Number (866) 454-4101
  • Sawgrass Lakes Subdivision
  • Maintained Community

Amenities

  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool
  • Park
  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$921

Year Built

Built in 2018

Lot Details

0

HOA Fees

$170 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2018
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Corner Lot, Sprinklers In Front, Sprinklers In Rear
  • Road Surface Type: Asphalt
  • Reso View: Protected Preserve
  • ResoSecurityFeatures: Security Gate
  • Reso Association Amenities: Barbecue, Clubhouse, Fitness Center, Jogging Path, Maintenance Grounds, Maintenance Structure, Management - Full Time, Management - Off Site, Park, Playground, Tennis Court(s)
  • Reso Association Fee Includes: Insurance
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Sawgrass Lakes
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 28-36-14-77-00000.0-0500.00
  • Location Tax and Legal Elementary School: Meadowlane
  • Location Tax and Legal Middle School2: Central
  • Location Tax and Legal High School: Melbourne
  • Location Tax and Legal Tax Annual Amount: 920.96
  • Location Tax and Legal Tax Year2: 2018
  • General Property Information Living Area2: 2055.0
  • General Property Information Building Area Total3: 2519.0
  • General Property Information Lot Size Acres: 0.29
  • General Property Information Lot Size Square Feet2: 12632.0
  • General Property Information New Construction YN: No
  • General Property Information Waterfront YN: No
  • General Property Information Senior Community YN: Yes
  • General Property Information Direction Faces: East
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • General Property Information Community Fee(s) YN: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Levels One: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Road Surface Type Asphalt: Yes
  • Roof:Shingle: Yes
  • Security Features Security Gate: Yes
  • Sewer:Public Sewer: Yes
  • Flooring Carpet: Yes
  • Water Source Well: Yes
  • Pets Allowed Total Number Of Pets: 2
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • Room Types Family Room: Yes
  • Room Types Laundry: Yes
  • General Property Information Association Phone: 866-454-4101
  • View Protected Preserve: Yes
  • Pets Allowed Breed Restrictions: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen, His and Hers Closets, Open Floorplan, Pantry, Primary Bathroom - Tub with Shower, Split Bedrooms, Walk-In Closet(s)
  • Flooring: Carpet, Tile
  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • ResoLivingAreaSource: Other
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Open Floorplan: Yes
  • Pool Features:Community: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:His and Hers Closets: Yes

Exterior Features

  • Pool Features: Community
  • Roof: Shingle
  • Acres: 0.29
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: East
  • 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:Sprinklers in Front: Yes
  • Lot Features:Sprinklers In Rear: Yes
  • Lot Features:Corner Lot: 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
  • Utilities: Water Available, Other
  • Heating: Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Heat Pump: Yes

Condo/Co-op/Association

  • Senior Community: Yes
  • Association #2 Fee: 155.0
  • Association #2 Fee Frequency: Quarterly
  • Association Fee: 355.0
  • Association Fee Frequency: Quarterly
  • Association Name: Ryan Marrs Towers Management Group
  • Phone: 866-454-4101
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: Ryan Marrs Towers Management Group
  • General Property Information:Association Fee: 355.0
  • General Property Information:Association Fee Frequency: Quarterly
  • General Property Information:Association Fee 2: 155.0
  • General Property Information:Association Fee 2 Frequency: Quarterly
  • Association Fee Includes:Insurance: Yes
  • Association Amenities:Clubhouse: Yes
  • Association Amenities:Fitness Center: Yes
  • Association Amenities:Jogging Path: Yes
  • Association Amenities:Tennis Court(s)2: Yes
  • Association Amenities:Barbecue: Yes
  • Association Amenities:Park: Yes
  • Association Amenities:Playground: Yes

Schools

  • Middle Or Junior School: Central

Lot Info

  • Lot Size Sq Ft: 12632.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 3013894
  • Parcel #: 28-36-14-77-00000.0-0500.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 920.96

MLS Schools

  • Elementary School: Meadowlane
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2019
Closed on
Dec 6, 2019
Sold by
Lopresti Frank J and Lopresti Debora L
Bought by
Allen Doris Conroy and Allen Living Trust
Seller's Agent
Daniel Frey
RE/MAX Aerospace Realty
Buyer's Agent
Jesse Tortorice
Spectrum, Inc.
List Price
$294,900
Sold Price
$290,000
Premium/Discount to List
-$4,900
-1.66%
Current Estimated Value
$439,899

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,899
Avg. Annual Appreciation
7.53%

Purchase Details

Closed on
May 16, 2018
Sold by
Dr Hiorton Inc
Bought by
Lopresti Frank J and Lopresti Debora

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
4.4%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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List 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
Allen Doris Conroy $290,000 Alliance Title Ins Agcy Inc
Lopresti Frank J $265,605 Dhi Title Of Florida Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lopresti Frank J $150,000
Previous Owner Lopresti Frank J $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2019 12/06/19 Sold $290,000 -1.7% $141 / Sq Ft
11/20/2019 11/20/19 Pending -- -- --
11/07/2019 11/07/19 Price Changed $294,900 0.0% $144 / Sq Ft
11/07/2019 11/07/19 For Sale $294,900 -1.7% $144 / Sq Ft
11/03/2019 11/03/19 Pending -- -- --
10/17/2019 10/17/19 Price Changed $299,900 -1.7% $146 / Sq Ft
10/11/2019 10/11/19 Price Changed $305,000 -2.4% $148 / Sq Ft
10/11/2019 10/11/19 Price Changed $312,500 -0.8% $152 / Sq Ft
10/01/2019 10/01/19 For Sale $315,000 -- $153 / 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 $3,356 $264,790 $0 $0
2022 $3,189 $257,080 $0 $0
2021 $3,356 $249,600 $0 $0
2020 $3,316 $246,160 $60,500 $185,660
2019 $3,347 $241,330 $60,500 $180,830
2018 $921 $55,000 $55,000 $0
2017 $780 $49,500 $49,500 $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: 856516

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-36-14-77-00000.0-0500.00