NOT LISTED FOR SALE

520 Sunset Blvd Melbourne Beach, FL 32951

Estimated Value: $984,000 - $1,376,702

0.49 Acre
$2,555,461 Price per Acre
21,344 Sq Ft Lot

Last Sold January 10, 2014

Last sale price $200,000

Est. 540% increase in value since last sale

Current estimated payment $7,499/month

162 Days on Market

Highlights

  • Wooded Lot
  • Gemini Elementary School Rated A-
  • No HOA

About This Lot

As of January 2014

PRICE REDUCED! RARE OPPORTUNITY TO OBTAIN A HUGE LOT (1/2 ACRE) AND BUILD YOUR DREAM HOME! PROPERTY MEASURES APPROX. 100 FT ACROSS X 215 FT DEEP. INCLUDES ARTESIAN WELL. LOCATED IN NORTH MELBOURNE BEACH CLOSE TO INDIALANTIC AND VERY CLOSE TO THE GOLDEN TRIANGLE. WALK TO BEACH, RIVER AND DOWNTOWN MELBOURNE BEACH! DON''T JUST THINK ABOUT IT...BUY IT NOW SO YOU CAN ENJOY IT FOR A LIFETIME! THESE ARE LEGAL LOTS #22 AND #23 AND ARE ON THE EASTERN SIDE OF THE PROPERTY.(RIGHT SIDE)

Last Agent to Sell the Property

Gidget Sottile Frese

RE/MAX Olympic Realty Listed on: 05/10/2013

Last Buyer's Agent

Gidget Sottile Frese

RE/MAX Olympic Realty Listed on: 05/10/2013

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,310

Lot Details

  • 0.49 Acre Lot
  • Lot Dimensions are 215 x 100
  • Wooded Lot
  • Many Trees
  • 2 Lots in the community

Schools

  • Gemini Elementary School
  • Melbourne High School

Utilities

  • Cable TV Available

Community Details

  • No Home Owners Association
  • Sunset Bay Subd Subdivision

Listing and Financial Details

  • Assessor Parcel Number 28380678000000002200

Property Details

Property Type

Land

Est. Annual Taxes

$2,310

Lot Details

0

Listing Details

  • Property Type: Land
  • Reso Property Sub Type: Unimproved Land
  • ResoLotFeatures: Many Trees, Wooded
  • Road Surface Type: Paved
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Sunset Bay Subd
  • Location Tax and Legal Parcel Number2: 28380678000000002200
  • Location Tax and Legal Elementary School: Gemini
  • Location Tax and Legal High School: Melbourne
  • Location Tax and Legal Tax Annual Amount: 2310.21
  • Location Tax and Legal Tax Year2: 2008
  • General Property Information Lot Size Acres: 0.49
  • General Property Information Waterfront YN: No
  • General Property Information Senior Community YN: No
  • Utilities Cable Available: Yes
  • Water Source Public: Yes
  • Utilities Sewer Available: Yes
  • General Property Information Lot Size Dimensions: 215 x 100
  • General Property Information Number Of Lots2: 2.0
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 0.49
  • Waterfront: No
  • Lot Features:Wooded: Yes
  • Lot Features:Many Trees: Yes

Utilities

  • Utilities: Cable Available, Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Number Of Lots: 2
  • Current Use: Residential, Single Family
  • Lot Dimensions: 215 x 100
  • Lot Size Sq Ft: 21344.4
  • ResoLotSizeUnits: Acres
  • Parcel #: 28380678000000002200
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2008
  • Tax Annual Amount: 2310.21

MLS Schools

  • Elementary School: Gemini
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 2, 2020
Sold by
Saarpolaki Madjid N
Bought by
Saarpolaki Madjid N and Madjid N Saarpolaki Revocable
Current Estimated Value
$1,280,825

Purchase Details

Listed on
May 10, 2013
Closed on
Jan 10, 2014
Sold by
Cervellino Lawrence J and Cervellino Johanna
Bought by
Sarpoolaki Madjid N
Seller's Agent
Gidget Sottile Frese
RE/MAX Olympic Realty
Buyer's Agent
Gidget Sottile Frese
RE/MAX Olympic Realty
List Price
$285,000
Sold Price
$200,000
Premium/Discount to List
-$85,000
-29.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.47%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Saarpolaki Madjid N -- Accommodation
Sarpoolaki Madjid N $200,000 Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/10/2014 01/10/14 Sold $200,000 -29.8% --
10/19/2013 10/19/13 Pending -- -- --
05/10/2013 05/10/13 For Sale $285,000 -- --
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 $10,411 $743,530 -- --
2024 $10,188 $722,580 -- --
2023 $10,188 $701,540 $0 $0
2022 $10,051 $681,110 $0 $0
2021 $10,417 $661,280 $288,000 $373,280
2020 $10,644 $670,460 $300,000 $370,460
2019 $11,120 $683,550 $300,000 $370,460
2018 $11,063 $670,810 $224,390 $446,420
2017 $3,768 $56,097 $0 $0
2016 $3,493 $188,960 $188,960 $0
2015 $3,351 $177,150 $177,150 $0
2014 $2,577 $141,720 $141,720 $0
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 667767

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-38-06-78-00000.0-0022.00