NOT LISTED FOR SALE

Estimated Value: $718,544 - $1,091,000

3 Beds
3 Baths
1,790 Sq Ft
$475/Sq Ft Est. Value

Last Sold December 28, 2013

Last sale price $340,000 $190 Per Sq Ft

Est. 150% increase in value since last sale

Current estimated payment $6,127/month

27 Days on Market

Highlights

  • Ocean Front
  • In Ground Pool
  • Breakfast Bar
  • Indialantic Elementary School Rated A-
  • Walk-In Closet
  • 3-minute walk to James H. Nance Park

About This Home

As of December 2013

DIRECT OCEAN FRONT Unit with wrap around balcony! Enjoy the ocean view the time you walk into your unit. Open floor plan full 3 baths. 2 master suites one facing the ocean. One MB has dual vanity, hot tub and shower. All bedrooms have WIC. High ceilings, nice size pantry, coat closet and laundry room. Carpet in all bedrooms and living area. Needs TLC! Has been stripped of a/c condenser, faucets, light fixtures, appliances and other misc. essentials. 1 car underground parking. Buyer encouraged to visit www.HomeSearch.com. Buyer offer + 5% buyer's premium and Auction Terms and Conditions (minimum may apply) will apply. This is a reserve auction and all offers are subject to seller approval. Please contact listing agent for details. Being sold ASIS.

Last Agent to Sell the Property

Josephine Carpenter

Concord Real Estate, Inc Listed on: 11/09/2013

Last Buyer's Agent

Carolyn Smith

RE/MAX Elite

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,918

Year Built

  • Built in 2006

Lot Details

  • 2,178 Sq Ft Lot
  • Ocean Front
  • West Facing Home

HOA Fees

  • $390 Monthly HOA Fees

Home Design

  • Stilt Home
  • Concrete Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,790 Sq Ft Home
  • 4-Story Property
  • Breakfast Bar
  • Washer and Gas Dryer Hookup

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms

Pool

  • In Ground Pool
  • In Ground Spa

Schools

  • Indialantic Elementary School
  • Hoover Middle School
  • Melbourne High School

Listing and Financial Details

  • Auction
  • Assessor Parcel Number 27-38-31-Eo-00066.0-0001.22

Community Details

Overview

  • Advanced Prop. Mgt Association
  • Indialantic 1 Condominium Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,918

Year Built

Built in 2006

Lot Details

0

HOA Fees

$390 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2006
  • Reso Property Sub Type: Condominium
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • ResoSpecialListingConditions: Auction
  • Subdivision Name: Indialantic 1 Condominium
  • Architectural Style: Stilt
  • Carport Y N: No
  • Entry Level: 2
  • Garage Yn: No
  • New Construction: No
  • Sewer:Public Sewer: Yes
  • Special Features: 4160
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Bar, Split Bedrooms, Walk-In Closet(s)
  • Flooring: Carpet, Tile
  • Spa Features: In Ground
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Stories: 4
  • ResoLivingAreaSource: PublicRecords
  • Pool Features:Community: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Walk-In Closet(s): Yes

Exterior Features

  • Pool Features: Community, In Ground
  • Roof: Concrete
  • Acres: 0.05
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: West
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Waterfront Features:Ocean Front: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Assigned, Underground, Other
  • General Property Information:Garage YN: No
  • Parking Features:Assigned: Yes
  • Parking Features:Underground2: Yes
  • Parking Features:Other26: Yes

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Water Available

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 390.0
  • Association Fee Frequency: Monthly
  • Association Name: ADVANCED PROP. MGT
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: ADVANCED PROP. MGT
  • General Property Information:Association Fee: 390.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Lot Size Sq Ft: 2178.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2745481
  • Parcel #: 27-38-31-Eo-00066.0-0001.22
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 6918.38

MLS Schools

  • Elementary School: Indialantic
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2013
Closed on
Dec 16, 2013
Sold by
Nationstar Mortgage Llc
Bought by
Sonser Patrick and Duane Sonser Helen
Seller's Agent
Josephine Carpenter
Concord Real Estate, Inc
Buyer's Agent
Carolyn Smith
RE/MAX Elite
List Price
$390,000
Sold Price
$340,000
Premium/Discount to List
-$50,000
-12.82%
Current Estimated Value
$851,136

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$511,136
Avg. Annual Appreciation
7.83%
Original Mortgage
$249,900
Interest Rate
4.51%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 30, 2013
Sold by
Schumann Carolyn M
Bought by
Nationstar Mortgage Llc

Purchase Details

Closed on
Feb 5, 2007
Sold by
Coral Sands Of Indialantic Llc
Bought by
Schumann Richard J and Schumann Carolyn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$542,462
Interest Rate
7.5%
Mortgage Type
Negative Amortization
Source: Public Records

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Range of Values:

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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
Sonser Patrick $357,000 Buyers Title Inc
Nationstar Mortgage Llc -- Attorney
Schumann Richard J $678,100 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sonser Patrick $249,900
Previous Owner Schumann Richard J $542,462
Previous Owner Schumann Richard J $33,903
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2013 12/28/13 Sold $340,000 -12.8% $190 / Sq Ft
12/04/2013 12/04/13 Pending -- -- --
11/07/2013 11/07/13 For Sale $390,000 -- $218 / 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
2023 $11,781 $803,820 $0 $0
2022 $10,606 $803,820 $0 $0
2021 $9,333 $568,290 $0 $568,290
2020 $8,193 $444,310 $0 $444,310
2019 $7,949 $425,500 $0 $425,500
2018 $8,186 $426,380 $0 $426,380
2017 $8,073 $426,360 $0 $426,360
2016 $8,794 $470,790 $0 $0
2015 $8,638 $398,350 $0 $0
2014 $7,509 $362,140 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 682329

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-38-31-EO-00066.0-0001.22