NOT LISTED FOR SALE

527 Sunset Blvd Melbourne Beach, FL 32951

Estimated Value: $1,192,000 - $1,643,405

0.37 Acre
$3,773,922 Price per Acre
16,117 Sq Ft Lot

Last Sold January 24, 2022

Last sale price $515,000 $740 Per Sq Ft

Est. 171% increase in value since last sale

Current estimated payment $8,623/month

15 Days on Market

About This Lot

As of January 2022

BUILD YOUR CUSTOM DREAM HOME! Rare find, prime location and amazing opportunity to live in the highly sought after town of Melbourne Beach! Nestled in between the Indian River and the Atlantic Ocean! This lot offers a myriad of opportunities to design your own home to suit your taste! It's ready and waiting for you! Walk/bike ride or take your golf cart to the beach or fish from the Melbourne Beach pier! Walking distance to quaint restaurants and shops Melbourne beach offers. Schedule your showing today!

Last Agent to Sell the Property

Mary Goodwin

Kirschner Real Estate G Listed on: 11/16/2021

Last Buyer's Agent

Leann Graefe

Keller Williams Realty Brevard License #3447853

Keller Williams Realty Brevard

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,034

Lot Details

  • 0.37 Acre Lot

Schools

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

Community Details

  • Sunset Bay Subd Subdivision

Listing and Financial Details

  • Assessor Parcel Number 28-38-06-78-00000.0-0076.00

Property Details

Property Type

Land

Est. Annual Taxes

$3,034

Lot Details

0

Listing Details

  • Property Type: Land
  • Reso Property Sub Type: Unimproved Land
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Sunset Bay Subd
  • Location Tax and Legal Parcel Number2: 28-38-06-78-00000.0-0076.00
  • 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: 3033.57
  • Location Tax and Legal Tax Year2: 2021
  • General Property Information Lot Size Acres: 0.37
  • General Property Information Lot Size Square Feet2: 16117.0
  • General Property Information Senior Community YN: No
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 0.37

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 16117.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 28-38-06-78-00000.0-0076.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3033.57

MLS Schools

  • Elementary School: Gemini
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2021
Closed on
Jan 24, 2022
Sold by
Susan Drew-Dieterle Patricia
Bought by
Magee Todd C and Magee Cheryl D
Seller's Agent
Mary Goodwin
Kirschner Real Estate G
Buyer's Agent
Leann Graefe
Keller Williams Realty Brevard
List Price
$529,000
Sold Price
$515,000
Premium/Discount to List
-$14,000
-2.65%
Current Estimated Value
$1,396,351

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$881,351
Avg. Annual Appreciation
28.40%
Original Mortgage
$345,000
Interest Rate
4.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 10, 2004
Sold by
Dukate William and Perez June
Bought by
Dieterle Patricia Susan

Purchase Details

Closed on
Dec 20, 2002
Sold by
Osborn Thomas Mel
Bought by
Drew Dieterje Patricia Susan

Purchase Details

Closed on
Apr 1, 1999
Sold by
Costello Thomas M and Costello Lois S
Bought by
Drew Patricia Susan

Purchase Details

Closed on
Aug 21, 1998
Sold by
Schmidt Joseph E
Bought by
Osborn Thomas Mel

Purchase Details

Closed on
Jan 30, 1997
Sold by
Cook Jane L
Bought by
Drew Patricia and Dieterle Jason
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
Magee Todd C $515,000 Atypical Title
Dieterle Patricia Susan $85,000 Title Security & Escrow Of C
Drew Dieterje Patricia Susan $85,000 --
Drew Patricia Susan $13,500 --
Osborn Thomas Mel -- --
Drew Patricia -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Magee Todd C $345,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/24/2022 01/24/22 Sold $515,000 -2.6% $740 / Sq Ft
12/02/2021 12/02/21 Pending -- -- --
11/16/2021 11/16/21 For Sale $529,000 -- $760 / 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 $16,718 $1,173,700 -- --
2024 $3,362 $1,140,630 -- --
2023 $3,362 $220,500 -- --
2022 $3,866 $285,870 $0 $0
2021 $3,502 $221,600 $216,000 $5,600
2020 $3,968 $262,670 $243,000 $19,670
2019 $3,667 $233,440 $210,370 $23,070
2018 $3,394 $212,050 $185,120 $26,930
2017 $3,269 $208,090 $185,120 $22,970
2016 $3,034 $175,940 $155,890 $20,050
2015 $2,865 $146,160 $146,160 $0
2014 $2,530 $123,340 $116,930 $6,410
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 920785

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-38-06-78-00000.0-0076.00