NOT LISTED FOR SALE

516 Melrose Ln Sebastian, FL 32958

Sebastian Highlands Neighborhood

Estimated Value: $324,854 - $359,000

3 Beds
2 Baths
1,500 Sq Ft
$230/Sq Ft Est. Value

Last Sold November 25, 2016

Last sale price $179,000 $119 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $1,908/month

Highlights

  • Vaulted Ceiling
  • Enclosed Patio or Porch
  • Tile Flooring
  • Sebastian Elementary School Rated 9+
  • Views
  • 4-minute walk to Golden Sands Park Lifeguard

About This Home

As of November 2016

This renovation was done right! New roof, new a/c, new kitchen, and new bathrooms. Oversized corner lot with additional pad for boat or RV. Huge screened in back porch. Split plan. Absolutely gorgeous house!

Last Agent to Sell the Property

Jennifer Martin

EXP Realty, LLC License #3152360 Listed on: 11/25/2016

EXP Realty, LLC

Last Buyer's Agent

Jennifer Martin

EXP Realty, LLC License #3152360 Listed on: 11/25/2016

EXP Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,022

Year Built

  • Built in 1990

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 130x116
  • West Facing Home

Parking

  • 2 Car Garage

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1-Story Property
  • Vaulted Ceiling
  • Sliding Doors
  • Tile Flooring
  • Fire and Smoke Detector
  • Laundry in Garage
  • Property Views

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Community Details

  • Sebastian Highlands Subdivision

Listing and Financial Details

  • Tax Lot 29
  • Assessor Parcel Number 31381300001235000029.0

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,022

Year Built

Built in 1990

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size Acres: 0.29
  • Lot Size: 130x116
  • Road Surface Type: Paved
  • Ownership: Single Family/Other
  • Subdivision Name: Sebastian Highlands
  • Directions: 512 to Melrose. Melrose south to house on the left.
  • Architectural Style: One Story
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built: 1990
  • Property Sub Type Additional: Detached
  • Attribution Contact: 772-589-3054
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Water Heater, Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Sliding Doors
  • Fireplace: No
  • Flooring: Tile
  • Interior Amenities: High Ceilings, Pantry, Split Bedrooms, Vaulted Ceiling(s)
  • Stories: 1

Exterior Features

  • Lot Features: 1/4 to 1/2 Acre Lot
  • Pool Features: None
  • View: Other
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Brick, Frame
  • Direction Faces: West
  • Exterior Features: Enclosed Porch
  • Patio And Porch Features: Porch, Screened
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Garage

Utilities

  • Laundry Features: In Garage
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 31381300001235000029.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2022.0
  • Tax Lot: 29
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 6, 2019
Sold by
Martino Adria and Martino Claudia
Bought by
Martino Adria and Martino Claudia
Current Estimated Value
$345,214

Purchase Details

Listed on
Nov 25, 2016
Closed on
Dec 16, 2016
Sold by
Lang Kirk
Bought by
Martino Adria and Martino Claudia
Seller's Agent
Jennifer Martin
EXP Realty, LLC
Buyer's Agent
Jennifer Martin
EXP Realty, LLC
List Price
$179,000
Sold Price
$179,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.25%
Original Mortgage
$110,000
Outstanding Balance
$91,074
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$269,274

Purchase Details

Closed on
Sep 13, 2016
Sold by
Herskowitz Myrna
Bought by
Lang Kirk

Purchase Details

Closed on
Jul 31, 2006
Sold by
Planker John
Bought by
Melamed Rena and Herskowitz Myrna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
7.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 4, 2006
Sold by
Reynolds John J
Bought by
Planker John

Purchase Details

Closed on
Dec 9, 2005
Sold by
Wade Bernard R and Wade Laura S
Bought by
Reynolds John Joseph and Planker John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
8.25%
Mortgage Type
Fannie Mae Freddie Mac
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
Martino Adria -- Attorney
Martino Adria $179,000 Professional Title Indian Ri
Lang Kirk $103,100 None Available
Melamed Rena $200,000 Stewart Title Of Indian Rive
Planker John $13,000 None Available
Reynolds John Joseph $150,000 Stewart Title Of Indian Rive
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martino Adria $110,000
Previous Owner Melamed Rena $180,000
Previous Owner Reynolds John Joseph $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2016 11/25/16 Sold $179,000 0.0% $119 / Sq Ft
11/25/2016 11/25/16 For Sale $179,000 -- $119 / Sq Ft
Source: REALTORS® Association of Indian River County

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 $1,017 $92,470 -- --
2023 $1,017 $87,246 $0 $0
2022 $967 $84,705 $0 $0
2021 $943 $82,238 $0 $0
2020 $929 $81,103 $0 $0
2019 $905 $79,280 $0 $0
2018 $896 $77,802 $0 $0
2017 $820 $76,202 $0 $0
2016 $2,180 $114,410 $0 $0
2015 $2,022 $97,510 $0 $0
2014 $1,794 $86,380 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Martin

    Seller's Agent in 2016

    Jennifer Martin

    EXP Realty, LLC

    (772) 559-1194

    34 in this area

    137 Total Sales

    Jennifer Martin
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Map

Source: REALTORS® Association of Indian River County

MLS Number: 177871

APN: 31-38-13-00001-2350-00029.0

Florida Indian River County Sebastian 32958 Sebastian Highlands

516 Melrose Ln, Sebastian, FL

This home is located at 516 Melrose Ln, Sebastian, FL 32958 since 25 November 2016 and is currently estimated at $345,214, approximately $230 per square foot. This property was built in 1990. 516 Melrose Ln is a home located in Indian River County with nearby schools including Sebastian Elementary School, Storm Grove Middle School, and Sebastian River High School.

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