NOT LISTED FOR SALE

5437 Solway Dr Melbourne Beach, FL 32951

Floridana Beach Neighborhood

Estimated Value: $826,699 - $1,106,000

4 Beds
2.5 Baths
2,495 Sq Ft
$399/Sq Ft Est. Value

Last Sold January 24, 2014

Last sale price $408,000 $164 Per Sq Ft

Est. 144% increase in value since last sale

Current estimated payment $5,934/month

4 Days on Market

Highlights

  • Community Pool
  • 2 Car Attached Garage
  • Walk-In Closet
  • Gemini Elementary School Rated A-
  • Built-In Features
  • Breakfast Bar

About This Home

As of January 2014

Showcase home will impress you! Priced to sell on huge corner lot .44 acre of land. Gorgeous 4 bedroom 2.5 bath home has many extras and upgrades. Spacious kitchen has tons of cabinets. Custom draperies & plantation shutters. High cathedral ceilings. Formal Dining Room. 2008 A/C condensor & handler replaced. Master bath fit for a king w/large shower & separate garden tub. Gated community has heated pool w/summer kitchen w/ granite tops and his and her restrooms, tennis courts, river pier and ocean access.

Last Agent to Sell the Property

Laura Dowling-Roy

Premier Properties Real Estate License #662285 Listed on: 12/17/2013

Last Buyer's Agent

Nancy Taylor

BHHS Florida Realty License #199153

BHHS Florida Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,570

Year Built

  • Built in 2002

Lot Details

  • 0.44

HOA Fees

  • $177 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Tile Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,495 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Ceiling Fan

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Schools

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

Additional Features

  • Solar Heated Pool
  • South Facing Home

Community Details

Overview

  • Indian Landing Phase 1 Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,570

Year Built

Built in 2002

Lot Details

0

HOA Fees

$177 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2002
  • Reso Property Sub Type: Single Family Residence
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Indian Landing Phase 1
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Elementary School: Gemini
  • Location Tax and Legal Middle School2: Hoover
  • Location Tax and Legal High School: Melbourne
  • General Property Information Living Area2: 2495.0
  • 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: South
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Flooring Tile: Yes
  • Levels One: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Electricity Connected: Yes
  • Flooring Carpet: Yes
  • Roof:Tile2: Yes
  • General Property Information Carport YN2: No
  • Pool Features Solar Heat: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Bar, Built-in Features, Ceiling Fan(s), Pantry, Split Bedrooms, Walk-In Closet(s)
  • Flooring: Carpet, Tile
  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • ResoLivingAreaSource: PublicRecords
  • General Property Information Bathrooms Half: 1
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Pool Features:Community: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Built-in Features: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Walk-In Closet(s): Yes

Exterior Features

  • Pool Features: Community, Solar Heat
  • Roof: Tile
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: South
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage Door Opener
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Utilities: Electricity Connected

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 177.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 177.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

  • Middle Or Junior School: Hoover

Rental Info

  • Furnished: Unfurnished

MLS Schools

  • Elementary School: Gemini
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2013
Closed on
Jan 24, 2014
Sold by
Coder Forrest David and Coder Susan Marie
Bought by
Jones M Steven and Jones Joyce M
Seller's Agent
Laura Dowling-Roy
Premier Properties Real Estate
Buyer's Agent
Nancy Taylor
BHHS Florida Realty
List Price
$439,900
Sold Price
$408,000
Premium/Discount to List
-$31,900
-7.25%
Current Estimated Value
$995,175

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$587,175
Avg. Annual Appreciation
7.88%
Original Mortgage
$326,400
Outstanding Balance
$246,886
Interest Rate
4.44%
Estimated Equity
$748,289

Purchase Details

Closed on
Jun 4, 2004
Sold by
Hanlon Dennis R
Bought by
Coder Forrest David and Coder Susan Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,000
Interest Rate
4.62%

Purchase Details

Closed on
Sep 4, 2001
Sold by
Floridron Indian Landing Ltd Inc
Bought by
Hanlon Dennis R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
6.98%
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
Jones M Steven $408,000 Alliance Title Insurance Age
Coder Forrest David $510,000 Alliance Title Brevard Llc
Hanlon Dennis R $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones M Steven $326,400
Previous Owner Coder Forrest David $408,000
Previous Owner Hanlon Dennis R $235,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/24/2014 01/24/14 Sold $408,000 -7.3% $164 / Sq Ft
12/16/2013 12/16/13 Pending -- -- --
12/12/2013 12/12/13 For Sale $439,900 -- $176 / 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 $6,570 $542,230 -- --
2024 $6,408 $526,950 -- --
2023 $6,408 $505,430 $0 $0
2022 $5,974 $490,710 $0 $0
2021 $6,280 $476,420 $131,250 $345,170
2020 $6,585 $456,240 $105,000 $351,240
2019 $6,702 $454,610 $105,000 $349,610
2018 $6,521 $429,360 $94,500 $334,860
2017 $6,548 $413,970 $94,500 $319,470
2016 $6,820 $412,580 $73,500 $339,080
2015 $6,404 $368,310 $73,500 $294,810
2014 $6,032 $326,900 $82,500 $244,400
Source: Public Records

Agents Affiliated with this Home

  • Laura Dowling-Roy

    Seller's Agent in 2014

    Laura Dowling-Roy

    Premier Properties Real Estate

    (321) 223-4671

    81 in this area

    160 Total Sales

    Laura Dowling-Roy
    Section Image
  • Nancy Taylor

    Buyer's Agent in 2014

    Nancy Taylor

    BHHS Florida Realty

    (321) 308-0334

    1 in this area

    80 Total Sales

    Nancy Taylor
    Section Image
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Map

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

MLS Number: 684938

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 29-38-10-80-0000A.0-0025.00

Florida Brevard County Melbourne Beach 32951 Floridana Beach

5437 Solway Dr, Melbourne Beach, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Space Coast MLS (Space Coast Association of REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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