NOT LISTED FOR SALE

505 Spring Lake Dr Melbourne, FL 32940

Suntree Neighborhood

Estimated Value: $898,000 - $1,050,000

4 Beds
3.5 Baths
4,237 Sq Ft
$227/Sq Ft Est. Value

Sale Details

Date Sold: August 26, 2014

Last sale price $412,000 $97 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $5,643 / mo

37 Days on Market

Highlights

  • Lake Front
  • On Golf Course
  • Open Floorplan
  • Suntree Elementary School Rated A-
  • Home fronts a pond
  • Vaulted Ceiling

About This Home

As of August 2014

Seller hates to move. Job relocation. Custom built. Double door opens to marble flooring and volume ceilings. Office/5TH bedroom off front entry. Breathtaking views of Suntree golf course, pineapple palms, 7th green & expansive lake from formal dining room, kitchen, family room & private deck off upstairs master suite! Gourmet center island kitchen, solid surface counters, 42' cabinets, 4 burner cook top w/grill, built in microwave/ oven & pantry. Large vaulted family room features gas fireplace. Unique massive great room with bar for pool table & entertainment/ play. First floor has a second master suite with full bath. The second floor has the master suite with jetted tub, tiled shower, his/ her sinks. Large walkin closets & additional room behind closet. 4200+ SqFt. Kid safe cul da sac! sac!

Last Agent to Sell the Property

Jerry Knizek

Dreyer & Associates R.E. Grp. License #3281431 Listed on: 06/23/2014

Last Buyer's Agent

Lori Nartatez

RE/MAX Solutions License #3195261

RE/MAX Solutions

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,008

Year Built

  • Built in 1992

Lot Details

  • 13,504 Sq Ft Lot
  • Home fronts a pond
  • Lake Front
  • On Golf Course
  • Cul-De-Sac
  • Street terminates at a dead end
  • Southwest Facing Home
  • Irregular Lot

HOA Fees

  • $15 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • On-Street Parking

Property Views

  • Lake
  • Pond
  • Golf Course

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Shingle Roof
  • Wood Siding
  • Asphalt

Interior Spaces

  • 4,237 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Great Room
  • Family Room
  • Dining Room
  • Home Office
  • Library
  • Screened Porch

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Dual Closets
  • Walk-In Closet
  • Separate Shower in Primary Bathroom
  • Spa Bath

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Sink Near Laundry

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Outdoor Features

  • Balcony
  • Patio

Schools

  • Suntree Elementary School
  • Delaura Middle School
  • Viera High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 26-36-14-Nl-00001.0-0036.00

Community Details

Overview

  • Suntree Pud Stage 5 Tract 55 Subdivision
  • Maintained Community

Recreation

  • Community Playground
  • Park
  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,008

Year Built

Built in 1992

Lot Details

0.31 Acres

HOA Fees

$15 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 1992
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Sink, Washer Hookup
  • ResoLotFeatures: Cul-De-Sac, Dead End Street, Irregular Lot, On Golf Course
  • Road Surface Type: Asphalt
  • Reso View: Golf Course, Lake, Pond, Water
  • ResoSecurityFeatures: Security System Owned, Smoke Detector(s)
  • Reso Association Amenities: Jogging Path, Maintenance Grounds, Management - Full Time, Park, Playground
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Suntree PUD Stage 5 Tract 55
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 26-36-14-Nl-00001.0-0036.00
  • Location Tax and Legal Elementary School: Suntree
  • Location Tax and Legal Middle School2: DeLaura
  • Location Tax and Legal High School: Viera
  • Location Tax and Legal Tax Annual Amount: 7008.49
  • Location Tax and Legal Tax Year2: 2013
  • General Property Information Living Area2: 4237.0
  • General Property Information Building Area Total3: 6218.0
  • General Property Information Lot Size Acres: 0.31
  • General Property Information Lot Size Square Feet2: 13504.0
  • General Property Information New Construction YN: No
  • General Property Information Waterfront YN: Yes
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: Southwest
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Lot Features Dead End Street: Yes
  • Road Surface Type Asphalt: Yes
  • Roof:Shingle: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • ViewPond: Yes
  • Flooring Carpet: Yes
  • Laundry Features Sink: Yes
  • Levels Two: Yes
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • View Water3: Yes
  • Room Types Dining Room: Yes
  • Room Types Great Room: Yes
  • Security Features Security System Owned: Yes
  • Room Types Family Room: Yes
  • Room Types Laundry: Yes
  • Room Types Library: Yes
  • Room Types Office: Yes
  • Utilities Natural Gas Connected: Yes
  • View Golf Course2: Yes
  • Flooring Marble: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Bar, Built-in Features, Ceiling Fan(s), Eat-in Kitchen, His and Hers Closets, Kitchen Island, Open Floorplan, Pantry, Primary Bathroom - Tub with Shower, Primary Bathroom -Tub with Separate Shower, Primary Downstairs, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
  • Flooring: Carpet, Marble, Tile
  • Spa Features: Bath
  • Appliances: Dishwasher, Disposal, Dryer, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning, Other
  • ResoLivingAreaSource: PublicRecords
  • General Property Information Bathrooms Half: 1
  • Appliances Dishwasher: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Open Floorplan: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Built-in Features: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:His and Hers Closets: Yes
  • Spa Features:Bath: Yes
  • Fireplace Features:Wood Burning: Yes
  • Appliances:Gas Water Heater: Yes

Exterior Features

  • Exterior Features: Balcony
  • Pool Features: None
  • Roof: Shingle
  • Acres: 0.31
  • Waterfront Features: Lake Front, Pond
  • Waterfront: Yes
  • Construction Type: Frame, Wood Siding
  • Direction Faces: Southwest
  • Patio And Porch Features: Patio, Porch, Screened
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Lot Features:Cul-De-Sac: Yes
  • View:Lake: Yes
  • Construction Materials:Frame: Yes
  • Construction Materials:Wood Siding: Yes
  • Exterior Features:Balcony: Yes
  • Waterfront Features:Lake Front: Yes
  • Waterfront Features:Pond2: Yes
  • Lot Features:On Golf Course: Yes
  • Lot Features:Irregular Lot: Yes
  • Construction Materials:Brick2: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 185.0
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 185.0
  • General Property Information:Association Fee Frequency: Annually
  • Association Amenities:Jogging Path: Yes
  • Association Amenities:Park: Yes
  • Association Amenities:Playground: Yes

Schools

  • Middle Or Junior School: DeLaura

Lot Info

  • Lot Size Sq Ft: 13504.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 26-36-14-Nl-00001.0-0036.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 7008.49

MLS Schools

  • Elementary School: Suntree
  • High School: Viera

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2014
Closed on
Aug 26, 2014
Sold by
Bought by
Seller's Agent
Jerry Knizek
Dreyer & Associates R.E. Grp.
Buyer's Agent
Lori Nartatez
RE/MAX Solutions
List Price
$500,000
Sold Price
$412,000
Premium/Discount to List
-$88,000
-17.6%
Current Estimated Value
$962,576

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$550,576
Avg. Annual Appreciation
7.48%
Original Mortgage
$370,800
Outstanding Balance
$284,500
Interest Rate
4.2%
Estimated Equity
$678,076

Purchase Details

Listed on
Nov 27, 2013
Closed on
Feb 14, 2014
Sold by
Bought by
Seller's Agent
Kevin Hill
RE/MAX Alternative Realty
Buyer's Agent
Jerry Knizek
Dreyer & Associates R.E. Grp.
List Price
$399,900
Sold Price
$416,250
Premium/Discount to List
$16,350
4.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.92%
Original Mortgage
$333,000
Interest Rate
4.56%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$412,000 State Title Partners Llp
$416,250 State Title Partners Llp
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $370,800
Previous Owner $333,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/26/2014 08/26/14 Sold $412,000 -17.6% $97 / Sq Ft
07/29/2014 07/29/14 Pending -- -- --
06/22/2014 06/22/14 For Sale $500,000 +20.1% $118 / Sq Ft
02/14/2014 02/14/14 Sold $416,250 +4.1% $98 / Sq Ft View Prior Sale
12/05/2013 12/05/13 Pending -- -- --
11/27/2013 11/27/13 For Sale $399,900 -- $94 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,273 $422,230 -- --
2024 $5,194 $410,340 -- --
2023 $5,194 $398,390 $0 $0
2022 $4,844 $386,790 $0 $0
2021 $5,064 $375,530 $0 $0
2020 $5,006 $370,350 $0 $0
2019 $4,573 $332,620 $0 $0
2018 $4,594 $326,420 $0 $0
2017 $4,656 $319,710 $0 $0
2016 $4,754 $313,140 $72,000 $241,140
2015 $4,913 $310,970 $72,000 $238,970
2014 $7,520 $421,640 $88,000 $333,640
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2014

    Jerry Knizek

    Dreyer & Associates R.E. Grp.

  • Kevin Hill

    Seller's Agent in 2014

    Kevin Hill

    RE/MAX

    (321) 543-3649

    7 in this area

    107 Total Sales

    Kevin Hill
    Section Image
  • Lori Nartatez

    Buyer's Agent in 2014

    Lori Nartatez

    RE/MAX Solutions

    (321) 536-5734

    30 in this area

    94 Total Sales

    Lori Nartatez
    Section Image
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Map

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

MLS Number: 699896

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 26-36-14-NL-00001.0-0036.00

Florida Brevard County Melbourne 32940 Suntree

505 Spring Lake Dr, Melbourne, FL

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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