NOT LISTED FOR SALE

505 Hibiscus Trail Melbourne Beach, FL 32951

Estimated Value: $610,000 - $688,000

3 Beds
2 Baths
1,540 Sq Ft
$416/Sq Ft Est. Value

Last Sold July 27, 2016

Last sale price $325,000 $211 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $3,992/month

63 Days on Market

Highlights

  • Property has ocean access
  • Boat Dock
  • Open Floorplan
  • Gemini Elementary School Rated A-
  • In Ground Pool
  • Pool View

About This Home

As of July 2016

Heart of Melbourne Beach! Beach side pool home located within walking distance to ocean and river pier. Serene setting with tropical landscaping. This 3 bedroom, 2 bath home is tiled throughout and has an open floor plan. Close to A rated schools, shopping, library, and more. Kitchen has been updated and has granite counter tops. Private, sparkling pool(resurfaced 2010) with awning and privacy fence. Impact windows installed 2006. Metal roof 2007, newer A/C, new circuit panels 2013.

Last Agent to Sell the Property

Erika Rogers

Treasure Coast Sotheby's Intl Listed on: 04/07/2016

Co-Listed By

Michael Rogers

Treasure Coast Sotheby's Intl

Last Buyer's Agent

Samuel Cochrane

Coldwell Banker Paradise License #3332503

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,191

Year Built

  • Built in 1957

Lot Details

  • 0.29 Acre Lot
  • North Facing Home
  • Wood Fence

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Metal Roof
  • Concrete Siding
  • Block Exterior
  • Asphalt

Interior Spaces

  • 1,540 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Family Room
  • Dining Room
  • Tile Flooring
  • Pool Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Pool Cover

Outdoor Features

  • Property has ocean access

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 28-38-06-75-00002.0-0004.00

Community Details

Overview

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

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,191

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1957
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: In Garage
  • Road Surface Type: Asphalt
  • Reso View: Pool
  • Reso Association Amenities: Boat Dock
  • Co List Office Mls Id: 04520
  • Co List Office Phone: 321-984-3135
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Island Shores of Melbourne Beach
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 28-38-06-75-00002.0-0004.00
  • 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: 4191.28
  • Location Tax and Legal Tax Year2: 2015
  • General Property Information Living Area2: 1540.0
  • General Property Information Building Area Total3: 2107.0
  • 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: No
  • General Property Information Direction Faces: North
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Fencing Fenced2: Yes
  • Fencing Wood2: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Levels One: Yes
  • Pets Allowed Yes: Yes
  • Pool Features In Ground: Yes
  • Pool Features Private: Yes
  • Road Surface Type Asphalt: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • View Pool: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • Room Types Dining Room: Yes
  • Room Types Family Room: Yes
  • General Property Information Lot Size Dimensions: 110.0 ft x 115.0 ft
  • Pool Features Pool Cover: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Ceiling Fan(s), Open Floorplan, Primary Bathroom - Tub with Shower
  • Flooring: Tile
  • Appliances: Dishwasher, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Total Bedrooms: 6
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Ceiling Fan(s): Yes

Exterior Features

  • Pool Features: In Ground, Pool Cover, Private, Other
  • Roof: Metal
  • Fencing: Fenced, Wood
  • Acres: 0.29
  • Waterfront Features: Ocean Access
  • Waterfront: No
  • Construction Type: Block, Concrete
  • Direction Faces: North
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Waterfront Features:Ocean Access: Yes
  • ConstructionSiding:Roof Metal: 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
  • Laundry Features:In Garage: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Cable Available, Electricity Connected, Water Available
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No
  • Association Amenities:Boat Dock: Yes

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Lot Dimensions: 110.0 ft x 115.0 ft
  • Lot Size Sq Ft: 12632.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2847003
  • Parcel #: 28-38-06-75-00002.0-0004.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 4191.28

MLS Schools

  • Elementary School: Gemini
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2016
Closed on
Jul 26, 2016
Sold by
Malach David J and Malach Mary Anne
Bought by
Sullivan Daniel J and Sullivan Gennifer G
Seller's Agent
Erika Rogers
Treasure Coast Sotheby's Intl
Buyer's Agent
Samuel Cochrane
Coldwell Banker Paradise
List Price
$365,000
Sold Price
$325,000
Premium/Discount to List
-$40,000
-10.96%
Current Estimated Value
$640,838

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$315,838
Avg. Annual Appreciation
7.63%
Original Mortgage
$325,000
Outstanding Balance
$265,884
Interest Rate
3.48%
Mortgage Type
VA
Estimated Equity
$374,954
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Sullivan Daniel J $325,000 Precise Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sullivan Daniel J $325,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/27/2016 07/27/16 Sold $325,000 -6.9% $211 / Sq Ft
06/10/2016 06/10/16 Pending -- -- --
05/11/2016 05/11/16 Price Changed $349,000 -4.4% $227 / Sq Ft
04/07/2016 04/07/16 For Sale $365,000 -- $237 / 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 $7,567 $500,330 -- --
2024 $7,831 $494,530 -- --
2023 $7,831 $507,310 $330,000 $177,310
2022 $7,554 $479,370 $0 $0
2021 $4,198 $292,740 $0 $0
2020 $4,160 $288,700 $0 $0
2019 $4,145 $282,210 $0 $0
2018 $4,116 $276,950 $200,000 $76,950
2017 $5,008 $279,440 $200,000 $79,440
2016 $4,408 $239,430 $150,000 $89,430
2015 $4,191 $214,390 $135,000 $79,390
2014 $3,900 $194,900 $125,000 $69,900
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2016

    Erika Rogers

    Treasure Coast Sotheby's Intl

  • M

    Seller Co-Listing Agent in 2016

    Michael Rogers

    Treasure Coast Sotheby's Intl

  • S

    Buyer's Agent in 2016

    Samuel Cochrane

    Coldwell Banker Paradise

See All Agents

Map

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

MLS Number: 751244

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-38-06-75-00002.0-0004.00

Florida Brevard County Melbourne Beach 32951

505 Hibiscus Trail, Melbourne Beach, FL

This home is located at 505 Hibiscus Trail, Melbourne Beach, FL 32951 since 07 April 2016 and is currently estimated at $640,838, approximately $416 per square foot. This property was built in 1957. 505 Hibiscus Trail is a home located in Brevard County with nearby schools including Gemini Elementary School, Herbert C. Hoover Middle School, and Melbourne Senior 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.

Nearby Homes