$315,000
SOLD NOV 22, 2019
1.29 Acres
$244,186 Price per Acre
56,192 Sq Ft Lot

Recently Sold

16% Below List Price

85 Days on Market

Highlights

  • Ocean View
  • Gemini Elementary School Rated A-
  • 1.29 Acre Lot

About This Lot

As of November 2019

Rare large over 1 acre high and dry lots like this don't come along very often giving you the ability to build a large home with partial ocean views in beautiful sunny South Melbourne Beach. This property will provide ultimate privacy for your south Melbourne Beach lifestyle

Last Agent to Sell the Property

William A Taylor

William Taylor Real Estate Inc License #3022166 Listed on: 07/29/2019

Last Buyer's Agent

William A Taylor

William Taylor Real Estate Inc License #3022166 Listed on: 07/29/2019

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,184

Utilities

  • Not Connected to Water Source
  • Phone Available
  • Cable TV Available

Additional Features

  • Ocean Views
  • 1.29 Acre Lot

Listing and Financial Details

  • Legal Lot and Block 1 / 2
  • Assessor Parcel Number 2953632

Property Details

Property Type

Land

Est. Annual Taxes

$3,184

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 1.29
  • Road Surface Type: Paved
  • Subdivision Name: Other
  • Directions: 7.4 miles south of intersection of Ocean Avenue and A1A in Melbourne Beach. Lot is directly north of the entrance to the Hidden Cove subdivision.
  • Attribution Contact: 321-795-5162
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Residential

Exterior Features

  • Lot Features: 1-3 Acres, Split Possible
  • View: Ocean
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No

Utilities

  • Sewer: None
  • Utilities: Cable Available, Electricity Available, Phone Available
  • Water Source: Not Connected, Well Needed

Condo/Co-op/Association

  • Community Features: Curbs, Storm Drain(s), Sidewalks

Lot Info

  • Current Use: Single Family
  • Lot Size Sq Ft: 56725.0
  • Number Of Lots: 1
  • Parcel #: 2953632
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Block: 2
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2019
Closed on
Nov 20, 2019
Sold by
Tran An
Bought by
Dave Morgado Pool Concepts Inc
Seller's Agent
William A Taylor
William Taylor Real Estate Inc
Buyer's Agent
William A Taylor
William Taylor Real Estate Inc
List Price
$375,000
Sold Price
$315,000
Premium/Discount to List
-$60,000
-16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
51.15%
Original Mortgage
$208,000
Outstanding Balance
$165,874
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$3,044,126

Purchase Details

Closed on
Feb 24, 2000
Sold by
Mccoy Jack R and Mccoy Winifred B
Bought by
Tran An

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
8.29%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $315,000 Attorney
Warranty Deed $65,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $208,000 New Conventional
Previous Owner $50,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2025 01/20/25 For Sale $1,795,000 -60.1% --
01/20/2025 01/20/25 For Sale $4,495,000 +1327.0% $1,112 / Sq Ft
11/22/2019 11/22/19 Sold $315,000 0.0% --
11/21/2019 11/21/19 Sold $315,000 0.0% --
11/21/2019 11/21/19 Sold $315,000 0.0% --
11/20/2019 11/20/19 Sold $315,000 -16.0% --
10/23/2019 10/23/19 Pending -- -- --
10/22/2019 10/22/19 Pending -- -- --
10/14/2019 10/14/19 Pending -- -- --
09/14/2019 09/14/19 For Sale $375,000 0.0% --
07/29/2019 07/29/19 For Sale $375,000 0.0% --
07/10/2019 07/10/19 Price Changed $375,000 -16.7% --
02/26/2019 02/26/19 For Sale $450,000 0.0% --
01/25/2019 01/25/19 For Sale $450,000 -- --
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
2023 $3,184 $260,000 $260,000 $0
2022 $3,060 $260,000 $0 $0
2021 $3,357 $260,000 $260,000 $0
2020 $3,448 $260,000 $260,000 $0
2019 $2,403 $175,000 $175,000 $0
2018 $2,429 $175,000 $175,000 $0
2017 $2,414 $43,750 $0 $0
2016 $2,172 $140,000 $140,000 $0
2015 $2,270 $140,000 $140,000 $0
2014 $2,314 $140,000 $140,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Indian River County

MLS Number: 224565

APN: 29-38-10-00-00768.1-0000.00