NOT LISTED FOR SALE

5301 Palomino Dr Melbourne, FL 32934

Estimated Value: $830,583 - $899,000

4 Beds
3 Baths
3,398 Sq Ft
$254/Sq Ft Est. Value

Last Sold October 16, 2015

Last sale price $399,900 $118 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $4,917/month

11 Days on Market

Highlights

  • RV Access or Parking
  • Open Floorplan
  • 3 Car Garage
  • 1.15 Acre Lot
  • No HOA
  • Tile Flooring

About This Home

As of October 2015

Move in ready!!! Spacious 4 Bedroom, 3 Bath home with over 3400 sq ft of living space. In equestrian community on 1.15 acres!

Last Agent to Sell the Property

Casey Skipper

Atlantic Real Estate Brokerage Listed on: 09/03/2015

Last Buyer's Agent

Casey Skipper

Atlantic Real Estate Brokerage Listed on: 09/03/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,042

Year Built

  • Built in 2004

Lot Details

  • 1.15 Acre Lot
  • North Facing Home

Parking

  • 3 Car Garage
  • RV Access or Parking

Home Design

  • Tile Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,398 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Tile Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • 3 Full Bathrooms

Schools

  • Sabal Elementary School
  • Johnson Middle School
  • Eau Gallie High School

Utilities

  • Cable TV Available

Community Details

  • No Home Owners Association
  • Lakewood Estates Sec 1 Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 27-36-10-51-00002.0-0001.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,042

Year Built

Built in 2004

Lot Details

1.15 Acres

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 2004
  • Reso Property Sub Type: Single Family Residence
  • ResoSpecialListingConditions: Real Estate Owned
  • Subdivision Name: Lakewood Estates Sec 1
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 27-36-10-51-00002.0-0001.00
  • Location Tax and Legal Elementary School: Sabal
  • Location Tax and Legal Middle School2: Johnson
  • Location Tax and Legal High School: Eau Gallie
  • Location Tax and Legal Tax Annual Amount: 5042.24
  • Location Tax and Legal Tax Year2: 2014
  • General Property Information Living Area2: 3398.0
  • General Property Information Building Area Total3: 4278.0
  • General Property Information Lot Size Acres: 1.15
  • General Property Information Lot Size Square Feet2: 50094.0
  • 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: North
  • Flooring Tile: Yes
  • Levels One: Yes
  • Utilities Cable Available: Yes
  • Roof:Tile2: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • Special Listing Conditions Real Estate Owned: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Open Floorplan, Split Bedrooms
  • Flooring: Tile
  • Appliances: Other
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • ResoLivingAreaSource: PublicRecords
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Split Bedrooms: Yes

Exterior Features

  • Pool Features: None
  • Roof: Tile
  • Acres: 1.15
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: North
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: Attached, Detached, RV Access/Parking
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 3.0
  • Parking Features:Attached: Yes
  • Parking Features:RV AccessParking: Yes
  • Parking Features:Detached: Yes

Utilities

  • Utilities: Cable Available, Water Available

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: Johnson

Lot Info

  • Lot Size Sq Ft: 50094.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 27-36-10-51-00002.0-0001.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 5042.24

MLS Schools

  • Elementary School: Sabal
  • High School: Eau Gallie

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2015
Closed on
Oct 16, 2015
Sold by
Deutsche Bank National Trust Co
Bought by
Lutz Robert S and Lutz Lisa J
Seller's Agent
Casey Skipper
Atlantic Real Estate Brokerage
Buyer's Agent
Casey Skipper
Atlantic Real Estate Brokerage
List Price
$399,900
Sold Price
$399,900
Current Estimated Value
$863,896

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$463,996
Avg. Annual Appreciation
7.68%
Original Mortgage
$319,900
Interest Rate
3.62%

Purchase Details

Closed on
Apr 28, 2015
Sold by
Wilson Pepin Alicia P and Wilson Alicia P
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Feb 23, 2005
Sold by
Wilson Pepin Alicia P and Wilson Alicia P
Bought by
Wilson Pepin Alicia P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.6%

Purchase Details

Closed on
May 25, 2001
Sold by
Dalke David K and Dalke Henrietta
Bought by
Wilson Alicia P

Purchase Details

Closed on
May 18, 2000
Sold by
Fogle John R and Fogle Myron D
Bought by
Dalke David K and Dalke Henrietta
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lutz Robert S $399,900 None Available
Deutsche Bank National Trust Company -- None Available
Wilson Pepin Alicia P -- First American
Wilson Alicia P $52,000 --
Dalke David K $43,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lutz Robert S $319,900
Previous Owner Wilson Pepin Alicia P $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2015 10/16/15 Sold $399,900 0.0% $118 / Sq Ft
09/15/2015 09/15/15 Pending -- -- --
09/03/2015 09/03/15 For Sale $399,900 -- $118 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

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 $5,648 $456,960 -- --
2024 $5,565 $444,090 -- --
2023 $5,565 $431,160 $0 $0
2022 $5,243 $418,610 $0 $0
2021 $5,487 $406,420 $0 $0
2020 $5,433 $400,810 $0 $0
2019 $5,405 $391,800 $0 $0
2018 $5,435 $384,500 $0 $0
2017 $5,515 $376,600 $0 $0
2016 $5,644 $368,860 $72,000 $296,860
2015 $5,000 $314,780 $65,000 $249,780
2014 -- $312,290 $55,000 $257,290
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 734155

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-36-10-51-00002.0-0001.00

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