NOT LISTED FOR SALE

508 Chestnut St Melbourne, FL 32904

Estimated Value: $476,000 - $491,000

3 Beds
2 Baths
1,793 Sq Ft
$269/Sq Ft Est. Value

Last Sold December 30, 2024

Last sale price $495,000 $276 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $2,691/month

7 Days on Market

Highlights

  • Screened Pool
  • Deck
  • Traditional Architecture
  • Open Floorplan
  • Vaulted Ceiling
  • Outdoor Fireplace

About This Home

As of December 2024

The original owners of this home took 'Patio Pool Party' to another level! This 3/2 home is a great escape from the mundane designed for comfort and entertaining. An open floor plan with an expansive kitchen, granite counter tops, updated cabinets, stainless steel appliances, wet bar and wine fridge. Plantation shutters, engineered wood and tile flooring throughout make for easy maintenance. The home's summer kitchen awaits you to grill with friends while watching TV or having cocktails at the bar. Plenty of places to sit & lounge, either by the outdoor fireplace, pool, small living area or patio areas. Only a few blocks from shopping, restaurants, just a few minutes from Melbourne Airport and Erna Nixon Park. You really need to see it in person, make an appointment today!

Last Agent to Sell the Property

Carol McNamee

Florida East Coast Real Estate License #3290504 Listed on: 11/22/2024

Last Buyer's Agent

Brenda Burton

Ellingson Properties License #3153299

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1989

Lot Details

  • 0.3 Acre Lot
  • West Facing Home
  • Wood Fence
  • Front and Back Yard Sprinklers
  • Many Trees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Frame Construction
  • Shingle Roof
  • Asphalt

Interior Spaces

  • 1,793 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wet Bar
  • Central Vacuum
  • Furniture Can Be Negotiated
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • 2 Fireplaces
  • Gas Fireplace
  • Screened Porch
  • Pool Views
  • Security System Owned

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • No Tub in Bathroom
  • Shower Only

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Pool

  • Screened Pool
  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Saltwater Pool
  • Waterfall Pool Feature
  • Screen Enclosure
  • Pool Sweep

Outdoor Features

  • Deck
  • Patio
  • Outdoor Fireplace
  • Outdoor Kitchen
  • Shed

Schools

  • Roy Allen Elementary School
  • Central Middle School
  • Melbourne High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Woodland Manor Subdivision

Listing and Financial Details

  • Assessor Parcel Number 27-37-31-76-0000a.0-0002.00

Home Details

Home Type

Single Family

Year Built

Built in 1989

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1989
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: In Unit
  • ResoLotFeatures: Many Trees, Sprinklers In Front, Sprinklers In Rear
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Reso View: Pool
  • ResoSecurityFeatures: Security System Owned
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Woodland Manor
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Reso Other Structures: Outdoor Kitchen, Shed(s)
  • Location Tax and Legal Parcel Number2: 27-37-31-76-0000a.0-0002.00
  • Location Tax and Legal Elementary School: Roy Allen
  • Location Tax and Legal Middle School2: Central
  • Location Tax and Legal High School: Melbourne
  • Location Tax and Legal Tax Year2: 2024
  • General Property Information Living Area2: 1793.0
  • General Property Information Building Area Total3: 2819.0
  • General Property Information Lot Size Acres: 0.3
  • General Property Information Lot Size Square Feet2: 13068.0
  • 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: West
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Fencing Fenced2: Yes
  • Fencing Wood2: Yes
  • Flooring Tile: Yes
  • General Property Information Community Fee(s) YN: No
  • Appliances Dryer: Yes
  • Washers: Yes
  • Flooring Wood: Yes
  • Levels One: Yes
  • Pool Features In Ground: Yes
  • Road Surface Type Asphalt: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • View Pool: Yes
  • Water Source Public: Yes
  • Spa Features In Ground2: Yes
  • General Property Information Carport YN2: No
  • Other Structures Shed(s): Yes
  • Utilities Water Available: Yes
  • Pool Features Screen Enclosure: Yes
  • Security Features Security System Owned: Yes
  • Pool Features Electric Heat: Yes
  • Pool Features Waterfall: Yes
  • Utilities Sewer Available: Yes
  • Pool Features Salt Water: Yes
  • Utilities Electricity Available: Yes
  • Pool Features Pool Sweep: Yes
  • General Property Information CDD Fee YN: No
  • Architectural Style Traditional: Yes
  • Spa Features Heated2: Yes
  • General Property Information Stories2: 1
  • Interior Features Primary Bathroom - Shower No Tub: Yes
  • Other Structures Outdoor Kitchen: Yes
  • Spa Features Private2: Yes
  • Marketing Remarks:Marketing Remarks: The original owners of this home took 'Patio Pool Party' to another level! This 3/2 home is a great escape from the mundane designed for comfort and entertaining. An open floor plan with an expansive kitchen, granite counter tops, updated cabinets, stainless steel appliances, wet bar and wine fridge. Plantation shutters and engineered wood and tile flooring throughout make for easy maintenance. The home's summer kitchen awaits you to grill with friends while watching TV or having cocktails at the bar. Plenty of places to sit & lounge, either by the outdoor fireplace, pool, small living area or patio areas. Only a few blocks from shopping, restaurants, just a few minutes from Melbourne Airport and Erna Nixon Park. You really need to see it in person, make an appointment today! Carol McNamee, Realtor® 321-431-6200 yournewhouse321@gmail.com sandandspace.com Florida East Coast Real Estate
  • General Property Information:Pool Private YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Central Vacuum, Kitchen Island, Open Floorplan, Primary Bathroom - Shower No Tub, Skylight(s), Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar
  • Flooring: Tile, Wood
  • Spa Features: Heated, In Ground, Private
  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Microwave, Refrigerator, Washer, Wine Cooler
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas, Outside
  • Fireplaces: 2
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Wet Bar: Yes
  • Interior Features:Skylight(s): Yes
  • Interior Features:Central Vacuum: Yes
  • Appliances:Wine Cooler: Yes
  • Fireplace Features:Fireplaces Total: 2
  • Laundry Features:In Unit: Yes
  • Fireplace Features:Gas: Yes
  • Fireplace Features:Outside: Yes

Exterior Features

  • Exterior Features: Outdoor Kitchen
  • Pool Features: Electric Heat, In Ground, Pool Sweep, Salt Water, Screen Enclosure, Waterfall
  • Roof: Shingle
  • Fencing: Fenced, Wood
  • Acres: 0.3
  • Pool Private: Yes
  • Waterfront: No
  • Construction Type: Frame
  • Direction Faces: West
  • Patio And Porch Features: Covered, Deck, Front Porch, Patio, Porch, Rear Porch, Screened
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Construction Materials:Frame: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Lot Features:Sprinklers In Rear: Yes
  • Exterior Features Outdoor Kitchen2: Yes
  • Lot Features:Many Trees: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Rear Porch: Yes
  • Patio And Porch Features:Front Porch: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, Garage Door Opener
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: Central

Lot Info

  • Current Use: Residential, Single Family
  • Lot Size Sq Ft: 13068.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 27-37-31-76-0000a.0-0002.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Negotiable

Tax Info

  • Tax Year: 2024

MLS Schools

  • Elementary School: Roy Allen
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2024
Closed on
Dec 30, 2024
Sold by
Ray Darrell and Ray Susan
Bought by
Courtney Erik J and Walker Stephanie A
Seller's Agent
Carol McNamee
Florida East Coast Real Estate
Buyer's Agent
Brenda Burton
Ellingson Properties
List Price
$525,000
Sold Price
$495,000
Premium/Discount to List
-$30,000
-5.71%
Views
20
Current Estimated Value
$482,157

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,843
Avg. Annual Appreciation
-2.59%
Original Mortgage
$495,000
Outstanding Balance
$491,543
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
-$9,386
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Courtney Erik J $495,000 Island Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Courtney Erik J $495,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/30/2024 12/30/24 Sold $495,000 -5.7% $276 / Sq Ft
11/29/2024 11/29/24 Pending -- -- --
11/22/2024 11/22/24 For Sale $525,000 -- $293 / 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 $1,980 $392,420 -- --
2024 $1,941 $161,370 -- --
2023 $1,941 $156,670 $0 $0
2022 $1,803 $152,110 $0 $0
2021 $1,875 $147,680 $0 $0
2020 $1,829 $145,650 $0 $0
2019 $1,828 $142,380 $0 $0
2018 $1,826 $139,730 $0 $0
2017 $1,800 $136,860 $0 $0
2016 $1,820 $134,050 $40,000 $94,050
2015 $1,866 $133,120 $35,000 $98,120
2014 $1,866 $132,070 $30,000 $102,070
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 1030373

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-37-31-76-0000A.0-0002.00