NOT LISTED FOR SALE

508 Colony St Melbourne Beach, FL 32951

Estimated Value: $788,412 - $967,000

3 Beds
2 Baths
2,070 Sq Ft
$418/Sq Ft Est. Value

Last Sold October 08, 2015

Last sale price $389,000 $188 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $4,938/month

96 Days on Market

Highlights

  • Property has ocean access
  • Boat Dock
  • Sun or Florida Room
  • Gemini Elementary School Rated A-
  • Vaulted Ceiling
  • Great Room

About This Home

As of October 2015

Accepting Back up offers. 72 hour kick out clause in place. Melbourne Beach hidden private oasis. Ideal location, 1 block from the beach, walking distance to Ocean Ave., the Library, shopping and the Indian River Lagoon. This ''move in ready'', 3 bedroom 2 bath, 2070 sf 1994 custom built home with a charming front porch. Tranquil Palm Tree lined driveway. New metal standing seam roof, new A/C installed in 2011, new hurricane rated garage door, updated contemporary lights in master bath. Desirable layout makes a perfect fit for different design styles. Do not let this piece of paradise slip through your fingers.

Last Agent to Sell the Property

Beth Glover

One Sotheby's International License #502561 Listed on: 08/28/2015

Last Buyer's Agent

Lisa LaJoie & Steve Stylianos

CENTURY 21 Baytree Realty License #3054372

CENTURY 21 Baytree Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,809

Year Built

  • Built in 1994

Lot Details

  • 0.26 Acre Lot
  • Cul-De-Sac
  • East Facing Home
  • Wood Fence
  • Front and Back Yard Sprinklers
  • Few Trees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

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

Interior Spaces

  • 2,070 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Great Room
  • Sun or Florida Room
  • Security System Owned

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom
  • Spa Bath

Outdoor Features

  • Property has ocean access

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 28-38-06-78-00000.0-0043.01

Community Details

Overview

  • No Home Owners Association
  • Sunset Bay Subd Subdivision

Recreation

  • Boat Dock
  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Park
  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,809

Year Built

Built in 1994

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1994
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Cul-De-Sac, Few Trees, Sprinklers In Front, Sprinklers In Rear
  • Road Surface Type: Asphalt
  • ResoSecurityFeatures: Security System Owned
  • Reso Association Amenities: Basketball Court, Boat Dock, Jogging Path, Park, Playground, Tennis Court(s)
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Sunset Bay Subd
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 28-38-06-78-00000.0-0043.01
  • 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: 4808.78
  • Location Tax and Legal Tax Year2: 2014
  • General Property Information Living Area2: 2070.0
  • General Property Information Building Area Total3: 2511.0
  • General Property Information Lot Size Acres: 0.26
  • General Property Information Lot Size Square Feet2: 11326.0
  • 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: East
  • 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
  • Levels One: Yes
  • Road Surface Type Asphalt: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Flooring Carpet: Yes
  • Water Source Well: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • Room Types Great Room: Yes
  • Security Features Security System Owned: Yes
  • Room Types Florida Room: Yes
  • General Property Information Lot Size Dimensions: 100.0 ft x 112.0 ft
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-in Features, Ceiling Fan(s), Eat-in Kitchen, Primary Bathroom - Tub with Shower, Split Bedrooms, Vaulted Ceiling(s)
  • Flooring: Carpet, Tile
  • Spa Features: Bath
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Built-in Features: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Spa Features:Bath: Yes

Exterior Features

  • Pool Features: None
  • Roof: Metal
  • Fencing: Fenced, Wood
  • Acres: 0.26
  • Waterfront Features: Ocean Access
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: East
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Lot Features:Cul-De-Sac: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Lot Features:Sprinklers In Rear: Yes
  • Waterfront Features:Ocean Access: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Lot Features:Few Trees: 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, Electric
  • Utilities: Cable Available, Electricity Connected, Water Available
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • 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:Basketball Court: Yes
  • Association Amenities:Jogging Path: Yes
  • Association Amenities:Boat Dock: Yes
  • Association Amenities:Tennis Court(s)2: Yes
  • Association Amenities:Park: Yes
  • Association Amenities:Playground: Yes

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Lot Dimensions: 100.0 ft x 112.0 ft
  • Lot Size Sq Ft: 11326.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 28-38-06-78-00000.0-0043.01
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 4808.78

MLS Schools

  • Elementary School: Gemini
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2015
Closed on
Oct 1, 2015
Sold by
Rickman Amy Sewell and Amy Sewell Rickman Trust
Bought by
Parsons Austin M and Coca Parsons Gissela A
Seller's Agent
Beth Glover
One Sotheby's International
Buyer's Agent
Lisa LaJoie & Steve Stylianos
CENTURY 21 Baytree Realty
List Price
$389,000
Sold Price
$389,000
Current Estimated Value
$865,853

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$476,853
Avg. Annual Appreciation
8.09%
Original Mortgage
$389,000
Outstanding Balance
$306,061
Interest Rate
3.88%
Estimated Equity
$559,792

Purchase Details

Closed on
Feb 28, 2006
Sold by
Sewell Rickman Ronald Carl and Sewell Rickman Amy
Bought by
Rickman Amy Sewell and Amy Sewell Rickman Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Parsons Austin M $389,000 Brevard Title Llc
Rickman Amy Sewell -- Security First Title Partner
Sewell Rickman Ronald Carl $490,000 Security First Title Partner
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parsons Austin M $389,000
Previous Owner Sewell Rickman Ronald Carl $340,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/08/2015 10/08/15 Sold $389,000 0.0% $188 / Sq Ft
09/16/2015 09/16/15 Pending -- -- --
08/28/2015 08/28/15 For Sale $389,000 0.0% $188 / Sq Ft
08/27/2015 08/27/15 Pending -- -- --
07/25/2015 07/25/15 Price Changed $389,000 -8.5% $188 / Sq Ft
06/15/2015 06/15/15 Price Changed $425,000 -10.5% $205 / Sq Ft
06/11/2015 06/11/15 For Sale $475,000 -- $229 / 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 $5,460 $702,320 -- --
2024 $5,332 $399,440 -- --
2023 $5,332 $387,810 $0 $0
2022 $5,236 $376,520 $0 $0
2021 $5,410 $365,560 $204,000 $161,560
2020 $5,416 $363,640 $204,000 $159,640
2019 $5,477 $359,790 $0 $0
2018 $5,442 $353,090 $0 $0
2017 $5,372 $345,830 $0 $0
2016 $5,505 $338,720 $152,320 $186,400
2015 $5,370 $259,310 $142,800 $116,510
2014 $4,809 $235,740 $114,240 $121,500
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2015

    Beth Glover

    One Sotheby's International

See All Agents

Map

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

MLS Number: 727511

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-38-06-78-00000.0-0043.01

Florida Brevard County Melbourne Beach 32951

508 Colony St, Melbourne Beach, FL

Not Listed for Sale

Detached

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