NOT LISTED FOR SALE

504 Hibiscus Trail Melbourne Beach, FL 32951

Estimated Value: $887,000 - $1,119,000

4 Beds
3 Baths
2,526 Sq Ft
$404/Sq Ft Est. Value

Last Sold November 30, 2016

Last sale price $258,750 $102 Per Sq Ft

Est. 295% increase in value since last sale

Current estimated payment $5,948/month

5 Days on Market

Highlights

  • Newly Remodeled
  • In Ground Pool
  • Pool View
  • Gemini Elementary School Rated A-
  • Open Floorplan
  • No HOA

About This Home

As of November 2016

Build your dream home in this quaint and charming beachside neighborhood. Stroll to the river or to the beach. Local fine dining and shopping. Just minutes to Melbourne International Airport, Medical District, Golf and 1-95.

Last Agent to Sell the Property

Comp Agent

Non-MLS or Out of Area Listed on: 11/30/2016

Last Buyer's Agent

Carolyn Smith

RE/MAX Elite

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,772

Year Built

  • Built in 2017 | Newly Remodeled

Lot Details

  • 0.3 Acre Lot
  • South Facing Home

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,526 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Pool Views

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms

Schools

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

Additional Features

  • In Ground Pool
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Island Shores Of Melbourne Beach Subdivision

Listing and Financial Details

  • Assessor Parcel Number 28-38-06-75-00001.0-0003.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,772

Year Built

Built in 2017 | Newly Remodeled

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 2017
  • Reso Property Sub Type: Single Family Residence
  • Reso View: Pool
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Island Shores of Melbourne Beach
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: Yes
  • Location Tax and Legal Parcel Number2: 28-38-06-75-00001.0-0003.00
  • 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: 2772.41
  • Location Tax and Legal Tax Year2: 2016
  • General Property Information Living Area2: 2526.0
  • General Property Information Building Area Total3: 3540.0
  • General Property Information Lot Size Acres: 0.3
  • General Property Information Lot Size Square Feet2: 13068.0
  • General Property Information New Construction YN: Yes
  • General Property Information Waterfront YN: No
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: South
  • Appliances Microwave: Yes
  • Flooring Tile: Yes
  • Levels One: Yes
  • Pool Features In Ground: Yes
  • Pool Features Private: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • View Pool: Yes
  • Flooring Carpet: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • Interior Features Breakfast Nook: Yes
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Bar, Breakfast Nook, Kitchen Island, Open Floorplan, Pantry, Split Bedrooms, Walk-In Closet(s)
  • Flooring: Carpet, Tile
  • Appliances: Dishwasher, Disposal, Microwave
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Walk-In Closet(s): Yes

Exterior Features

  • Pool Features: In Ground, Private
  • Roof: Shingle
  • Acres: 0.3
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: South
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: Attached, Garage Door Opener
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 3.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Utilities: Cable Available, Electricity Connected, Water Available

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Lot Size Sq Ft: 13068.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2846994
  • Parcel #: 28-38-06-75-00001.0-0003.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 2772.41

MLS Schools

  • Elementary School: Gemini
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2016
Closed on
Nov 30, 2016
Sold by
Kessel Kirk and Carpenter Dewayne
Bought by
Bergman Todd H and Bergman Denise A
Seller's Agent
Comp Agent
Non-MLS or Out of Area
Buyer's Agent
Carolyn Smith
RE/MAX Elite
List Price
$612,743
Sold Price
$612,743
Current Estimated Value
$1,021,473

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$408,730
Avg. Annual Appreciation
5.90%

Purchase Details

Listed on
Sep 8, 2015
Closed on
Oct 19, 2015
Sold by
Koretsky Mary L
Bought by
Kessel Kirk W and Carpenter Dewayne C
Seller's Agent
Chuck Alzamora
CBA Realty Group
Buyer's Agent
DeWayne Carpenter
Dale Sorensen Real Estate Inc.
List Price
$289,900
Sold Price
$150,000
Premium/Discount to List
-$139,900
-48.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
251.32%

Purchase Details

Closed on
Apr 22, 2015
Sold by
Koretsky Peter
Bought by
Koretsky Mary

Purchase Details

Closed on
Jan 10, 2007
Sold by
Koretsky Peter Austin and Koretsky Peter A
Bought by
Koretsky Peter A and Koretsky Mary L

Purchase Details

Closed on
Aug 28, 2001
Sold by
Loper Frederick Craig
Bought by
Koretsky Peter Austin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,200
Interest Rate
7.08%

Purchase Details

Closed on
Feb 27, 2001
Sold by
Coleman Ronald E
Bought by
Loper Frederick Craig

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,150
Interest Rate
7.06%

Purchase Details

Closed on
Jul 2, 1998
Sold by
Williams Marie S
Bought by
Coleman Ronald E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,600
Interest Rate
7.04%

Purchase Details

Closed on
Sep 23, 1997
Sold by
Williams Marie S
Bought by
Williams Marie S
Source: Public Records

Range of Values:

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Average Value
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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
Bergman Todd H $258,800 Attorney
Kessel Kirk W $150,000 None Available
Koretsky Mary -- Attorney
Koretsky Peter A -- Attorney
Koretsky Peter Austin $159,000 --
Loper Frederick Craig $137,000 --
Coleman Ronald E $97,000 --
Williams Marie S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Koretsky Peter Austin $127,200
Previous Owner Loper Frederick Craig $130,150
Previous Owner Coleman Ronald E $77,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/30/2016 11/30/16 Sold $258,750 -57.8% $150 / Sq Ft View Prior Sale
11/30/2016 11/30/16 Sold $612,743 0.0% $243 / Sq Ft
11/01/2016 11/01/16 Pending -- -- --
10/27/2016 10/27/16 For Sale $612,743 +122.8% $243 / Sq Ft
09/01/2016 09/01/16 Pending -- -- --
12/12/2015 12/12/15 For Sale $275,000 +83.3% $160 / Sq Ft
10/19/2015 10/19/15 Sold $150,000 -40.0% $87 / Sq Ft View Prior Sale
09/26/2015 09/26/15 Pending -- -- --
09/20/2015 09/20/15 Price Changed $249,900 -13.8% $145 / Sq Ft
09/08/2015 09/08/15 For Sale $289,900 +93.3% $168 / Sq Ft
09/05/2015 09/05/15 Off Market $150,000 -- --
08/14/2015 08/14/15 Price Changed $289,900 0.0% $168 / Sq Ft
08/14/2015 08/14/15 For Sale $289,900 -10.8% $168 / Sq Ft
08/13/2015 08/13/15 Pending -- -- --
07/28/2015 07/28/15 For Sale $324,900 -- $189 / 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 $7,077 $516,160 -- --
2024 $6,919 $501,620 -- --
2023 $6,919 $487,010 $0 $0
2022 $6,812 $472,830 $0 $0
2021 $7,050 $459,060 $0 $0
2020 $6,993 $452,730 $0 $0
2019 $6,984 $442,560 $0 $0
2018 $6,944 $434,310 $0 $0
2017 $3,520 $50,000 $0 $0
2016 $2,772 $150,000 $150,000 $0
2015 $4,009 $203,970 $135,000 $68,970
2014 $3,721 $185,430 $125,000 $60,430
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 770045

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-38-06-75-00001.0-0003.00