NOT LISTED FOR SALE

592 Hillside Ct Melbourne, FL 32935

Estimated Value: $648,000 - $803,662

4 Beds
4 Baths
3,159 Sq Ft
$223/Sq Ft Est. Value

Last Sold May 03, 2024

Last sale price $860,000 $272 Per Sq Ft

Est. 18% decrease in value since last sale

Current estimated payment $3,893/month

About This Home

One of the most unique waterfront properties in Brevard County perched on a hill w/ 180 ft on Elbow Creek on .8 acre. No low bridges & dredged in late 2017 means direct Indian River access. Rare BOMB SHELTER built into the rolling landscape. Option to purchase adjacent 4 ACRE ISLAND for an additional $300,000 making this property truly one of a kind! This stunning property is located near Eau Gallie Arts District, the Melbourne Airport & the Beaches. It features 4 bds & 4 baths w/ spacious custom office & custom closets throughout. 3159 sq ft under air w/ a total of 4877 sq ft. Located at the end of the cul-de-sac but still has lots of space to park w/ over 4600 sq ft of pavered driveway, 2 car garage & a porte-cochere. Complete renovation in 2014, ensuring that it is move-in ready for its new owners. Enjoy multiple outdoor sitting areas, including the covered dock perfect for watching Dolphins, Manatees & all the amazing wildlife that surrounds the area.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2024
Closed on
Apr 29, 2024
Sold by
Schrader Melanie
Bought by
Hutcheson Jennean Denae
Seller's Agent
Melanie Schrader
Portfolio Homes
Buyer's Agent
Melanie Schrader
Portfolio Homes
List Price
$939,500
Sold Price
$860,000
Premium/Discount to List
-$79,500
-8.46%
Views
111
Current Estimated Value
$705,666

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$154,334
Avg. Annual Appreciation
-10.14%
Original Mortgage
$740,137
Outstanding Balance
$726,290
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
-$20,624

Purchase Details

Closed on
Sep 17, 2019
Sold by
Schrader Frank D
Bought by
Schrader Melanie

Purchase Details

Closed on
Dec 29, 2014
Sold by
Rkh Corp
Bought by
Schrader Melanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
3.98%

Purchase Details

Closed on
May 20, 2014
Sold by
Delaney Juanita P
Bought by
Rkh Corp

Purchase Details

Closed on
Mar 19, 2010
Sold by
The Bank Of New York
Bought by
Delaney Juanita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,609
Interest Rate
4.93%

Purchase Details

Closed on
Oct 1, 2008
Sold by
Phillips Stephen A and Household Finance Corp Iii
Bought by
The Bank Of New York

Purchase Details

Closed on
Dec 10, 1999
Sold by
Curry Thomas A
Bought by
Phillips Stephen A

Purchase Details

Closed on
Aug 27, 1998
Sold by
Park James F and Park James F
Bought by
Curry Thomas A
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
Hutcheson Jennean Denae $860,000 Prestige Title Of Brevard
Hutcheson Jennean Denae $860,000 Prestige Title Of Brevard
Schrader Melanie -- Landing Title Agency Inc
Schrader Melanie $235,000 Landing Title Agency Inc
Rkh Corp $141,000 Landing Title Agency Inc
Delaney Juanita $132,000 Attorney
The Bank Of New York -- Attorney
Phillips Stephen A $165,000 --
Curry Thomas A $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hutcheson Jennean Denae $740,137
Closed Hutcheson Jennean Denae $740,137
Previous Owner Schrader Melanie $188,000
Previous Owner Delaney Juanita $129,609
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/03/2024 05/03/24 Sold $860,000 -8.5% $272 / Sq Ft View Prior Sale
04/09/2024 04/09/24 Pending -- -- --
02/05/2024 02/05/24 Price Changed $939,500 0.0% $297 / Sq Ft
02/05/2024 02/05/24 For Sale $939,500 -3.1% $297 / Sq Ft
02/03/2024 02/03/24 Off Market $969,500 -- --
01/19/2024 01/19/24 For Sale $969,500 -- $307 / Sq Ft

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 $3,137 $266,450 -- --
2024 $3,062 $216,220 -- --
2023 $3,062 $209,930 $0 $0
2022 $2,875 $203,820 $0 $0
2021 $2,912 $197,890 $0 $0
2020 $2,880 $195,160 $0 $0
2019 $2,903 $190,780 $0 $0
2018 $2,896 $187,230 $0 $0
2017 $2,900 $183,380 $0 $0
2016 $2,980 $179,610 $72,000 $107,610
2015 $3,040 $178,370 $72,000 $106,370
2014 $2,104 $135,240 $72,000 $63,240
Source: Public Records

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