NOT LISTED FOR SALE

Estimated Value: $1,318,950 - $1,478,000

5 Beds
4 Baths
2,800 Sq Ft
$504/Sq Ft Est. Value

Last Sold September 08, 2016

Last sale price $740,000 $264 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $8,423/month

63 Days on Market

Highlights

  • Ocean Front
  • In Ground Pool
  • 1 Car Attached Garage
  • Gemini Elementary School Rated A-
  • No HOA
  • Built-In Features

About This Home

As of September 2016

OCEANFRONT MEDITERRANEAN PARADISE AWAITS! As soon as you enter this grand home you are welcomed by the quaint charm of a 1940's Hollywood inspired estate! This home boasts 5 full bedrooms, 4 full bathrooms, kitchen w restaurant style stainless equipment & refrigerator! Formal living area w wood burning fireplace, dining area & a grand staircase leading up to 4 of the 5 bedrooms! Master suite has amazing views of the ocean & a private deck to enjoy it all! There is a SEPARATE STUDIO APARTMENT FOR GUESTS OR EXTRA INCOME POTENTIAL! Private patio area w tiki hut on the east side w AMAZING OCEAN VIEWS & BREEZES! If that isn't enough this is one of the VERY FEW homes OCEANFRONT that HAS AN IN GROUND POOL! Don't miss your opportunity to own a piece of PARADISE! Home needs TLC and upgrades!

Last Agent to Sell the Property

Kristen Hazlett

RE/MAX Elite Listed on: 07/07/2016

Last Buyer's Agent

Maria Kaps

RE/MAX Alternative Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,151

Year Built

  • Built in 1947

Lot Details

  • 0.31 Acre Lot
  • Ocean Front
  • South Facing Home

Parking

  • 1 Car Attached Garage

Home Design

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

Interior Spaces

  • 2,800 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Ceiling Fan
  • Wood Burning Fireplace
  • Tile Flooring
  • Ocean Views
  • Gas Range

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • 4 Full Bathrooms

Schools

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

Additional Features

  • In Ground Pool
  • Septic Tank

Community Details

  • No Home Owners Association
  • New Melbourne Beach Subdivision

Listing and Financial Details

  • Assessor Parcel Number 29-38-03-Gx-00007.0-0001.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,151

Year Built

Built in 1947

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1947
  • Reso Property Sub Type: Single Family Residence
  • Road Surface Type: Asphalt
  • Reso View: Ocean, Water
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: New Melbourne Beach
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 29-38-03-Gx-00007.0-0001.00
  • 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: 8150.84
  • Location Tax and Legal Tax Year2: 2015
  • General Property Information Living Area2: 2800.0
  • General Property Information Building Area Total3: 3488.0
  • 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: South
  • Appliances Refrigerators: Yes
  • Flooring Tile: Yes
  • Pool Features In Ground: Yes
  • Pool Features Private: Yes
  • Road Surface Type Asphalt: Yes
  • Levels Two: Yes
  • Roof:Tile2: Yes
  • General Property Information Carport YN2: No
  • View Water3: Yes
  • ViewOcean: Yes
  • General Property Information Lot Size Dimensions: 50.0 ft x 270.0 ft
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-in Features, Ceiling Fan(s), Split Bedrooms
  • Flooring: Tile
  • Appliances: Gas Range, Refrigerator
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplace Features: Wood Burning, Other
  • ResoLivingAreaSource: PublicRecords
  • Appliances:Gas Range: Yes
  • Interior Features:Built-in Features: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Split Bedrooms: Yes
  • Fireplace Features:Wood Burning: Yes

Exterior Features

  • Pool Features: In Ground, Private
  • Roof: Tile
  • Acres: 0.31
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: South
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Waterfront Features:Ocean Front: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes

Utilities

  • Sewer Septic Tank: Yes

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 Dimensions: 50.0 ft x 270.0 ft
  • Lot Size Sq Ft: 13504.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2953048
  • Parcel #: 29-38-03-Gx-00007.0-0001.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 8150.84

MLS Schools

  • Elementary School: Gemini
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2016
Closed on
Sep 7, 2016
Sold by
Tang Ching Yoen
Bought by
Probst Roger and Probst Kathy
Seller's Agent
Kristen Hazlett
RE/MAX Elite
Buyer's Agent
Maria Kaps
RE/MAX Alternative Realty
List Price
$899,900
Sold Price
$740,000
Premium/Discount to List
-$159,900
-17.77%
Current Estimated Value
$1,412,488

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$672,488
Avg. Annual Appreciation
7.96%

Purchase Details

Closed on
Jun 29, 2001
Sold by
Bowman Robert M and Bowman Margaret E
Bought by
Tang Ching Yoen
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
Probst Roger $740,000 None Available
Tang Ching Yoen -- --
Tang Ching Yuen $499,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tang Ching Y $250,000
Previous Owner Tang Ching Yuen $150,000
Previous Owner Tang Ching Yuen $100,000
Previous Owner Tang Ching Yoen $210,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2016 09/08/16 Sold $740,000 -17.8% $264 / Sq Ft
07/29/2016 07/29/16 Pending -- -- --
07/07/2016 07/07/16 For Sale $899,900 +21.6% $321 / Sq Ft
06/18/2016 06/18/16 Off Market $740,000 -- --
06/03/2016 06/03/16 Price Changed $899,900 -5.3% $321 / Sq Ft
05/26/2016 05/26/16 For Sale $950,000 -- $339 / 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
2024 $11,571 $1,125,050 -- --
2023 $11,571 $1,043,940 $650,000 $393,940
2022 $10,256 $997,630 $0 $0
2021 $8,262 $583,740 $330,000 $253,740
2020 $8,389 $585,840 $330,000 $255,840
2019 $8,234 $560,180 $330,000 $230,180
2018 $8,529 $565,940 $330,000 $235,940
2017 $8,303 $527,540 $330,000 $197,540
2016 $8,073 $488,180 $300,000 $188,180
2015 $8,151 $471,700 $300,000 $171,700
2014 $7,864 $434,200 $300,000 $134,200
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 755539

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 29-38-03-GX-00007.0-0001.00