NOT LISTED FOR SALE

687 Palos Verde Dr Satellite Beach, FL 32937

Estimated Value: $585,312 - $700,000

3 Beds
2 Baths
1,830 Sq Ft
$339/Sq Ft Est. Value

Last Sold January 25, 2024

Last sale price $629,000 $344 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $4,099/month

Highlights

  • 49 Feet of Waterfront
  • Fitness Center
  • Home fronts a pond
  • Satellite Senior High School Rated A-
  • Heated In Ground Pool
  • Pond View

About This Home

As of January 2024

Introducing this charming & spacious lakefront home just a 16-minute walk to the beach & located in sought-after Montecito. This poured concrete home features striking curb appeal, a newer AC (2022) Spanish tile roof, wood beams & a split floor plan. This home boasts triple sliding glass doors that open up into the paver patio with pergola, custom fire pit, and down lights overlooking the lake & ideal for entertaining or relaxing. Enjoy the circular, formal foyer, center island kitchen with farm sink, SS appliances, granite surfaces & abundance of cabinetry. The primary suite features tray ceiling & the ensuite includes twin vanities, walk-in shower & large walk-in closet. The guest bedroom is bright with arch-shaped windows. Say goodbye to your lawn mower because the HOA cuts the grass. Have peace of mind with a Ring security system & storm shutters. Just a short walk to clubhouse, workout facility & beautiful community pool & playground for the family!

Last Agent to Sell the Property

Jonathan Krauser

J. Edwards Real Estate License #3127056 Listed on: 12/29/2023

Last Buyer's Agent

Eva Roach

RE/MAX Aerospace Realty License #3230633

RE/MAX Aerospace Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,197

Year Built

  • Built in 2007

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 49 x 119
  • Home fronts a pond
  • 49 Feet of Waterfront
  • East Facing Home
  • Front and Back Yard Sprinklers

HOA Fees

  • $85 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Spanish Architecture
  • Tile Roof
  • Concrete Siding
  • Asphalt
  • Stucco

Interior Spaces

  • 1,830 Sq Ft Home
  • 1-Story Property
  • Furniture Can Be Negotiated
  • Vaulted Ceiling
  • Ceiling Fan
  • Entrance Foyer
  • Pond Views

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Home Security

  • Security Gate
  • Smart Thermostat
  • Hurricane or Storm Shutters

Outdoor Features

  • Heated In Ground Pool
  • Patio
  • Fire Pit

Schools

  • Sea Park Elementary School
  • Delaura Middle School
  • Satellite High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Electric Water Heater
  • Private Sewer
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 26-37-26-32-00000.0-0123.00
  • Community Development District (CDD) fees
  • $3,725 special tax assessment

Community Details

Overview

  • Association fees include ground maintenance
  • $33 Other Monthly Fees
  • Montecito Association
  • Montecito Phase 1A Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Playground
  • Fitness Center
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,197

Year Built

Built in 2007

Lot Details

0

HOA Fees

$85 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2007
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Sprinklers In Front, Sprinklers In Rear
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Reso View: Pond
  • ResoSecurityFeatures: Security Gate
  • Reso Association Amenities: Clubhouse, Fitness Center, Playground, Pool
  • Reso Association Fee Includes: Maintenance Grounds
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Montecito Phase 1A
  • Architectural Style: Spanish
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Financial Info Electric: Underground
  • Location Tax and Legal Parcel Number2: 26-37-26-32-00000.0-0123.00
  • Location Tax and Legal Elementary School: Sea Park
  • Location Tax and Legal Middle School2: DeLaura
  • Location Tax and Legal High School: Satellite
  • Location Tax and Legal Tax Annual Amount: 9197.0
  • Location Tax and Legal Tax Year2: 2023
  • General Property Information Living Area2: 1830.0
  • General Property Information Building Area Total3: 2479.0
  • General Property Information Lot Size Acres: 0.14
  • General Property Information Lot Size Square Feet2: 6098.4
  • General Property Information New Construction YN: No
  • General Property Information Waterfront YN: Yes
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: East
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Flooring Tile: Yes
  • General Property Information Community Fee(s) YN: Yes
  • General Property Information Other Fee(s) Amount: 100.0
  • Levels One: Yes
  • Pool Features In Ground: Yes
  • Road Surface Type Asphalt: Yes
  • Security Features Security Gate: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • ViewPond: Yes
  • Flooring Carpet: Yes
  • Water Source Public: Yes
  • Roof:Tile2: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • Utilities Sewer Available: Yes
  • General Property Information Lot Size Dimensions: 49 x 119
  • General Property Information Water Frontage Feet: 49
  • Pool Features Heated: Yes
  • Electric Underground: Yes
  • General Property Information Land Lease YN2: No
  • Location Tax and Legal Zoning Description2: Residential
  • General Property Information CDD Fee YN: Yes
  • General Property Information CDD Fee Amount: 3725.0
  • General Property Information Stories2: 1
  • Sewer Private Sewer: Yes
  • Architectural Style Spanish: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Ceiling Fan(s), Entrance Foyer, Kitchen Island, Pantry, Primary Downstairs, Smart Thermostat, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
  • Flooring: Carpet, Tile
  • Appliances: Dishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Ice Maker, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Interior Features:Primary Downstairs: Yes
  • Appliances:Electric Range: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Electric Cooktop: Yes
  • Appliances:Electric Oven: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Smart Thermostat: Yes

Exterior Features

  • Exterior Features: Fire Pit, Storm Shutters
  • Pool Features: Heated, In Ground
  • Roof: Tile
  • Acres: 0.14
  • Waterfront Features: Pond
  • Waterfront: Yes
  • Construction Type: Concrete, Stucco
  • Direction Faces: East
  • Patio And Porch Features: Patio
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Exterior Features:Fire Pit: Yes
  • Patio And Porch Features:Patio: Yes
  • Exterior Features:Storm Shutters: Yes
  • Waterfront Features:Pond2: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Lot Features:Sprinklers In Rear: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Garage, Garage Door Opener
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Cable Available, Electricity Connected, Sewer Available, Water Available
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 256.0
  • Association Fee Frequency: Quarterly
  • Association Name: Montecito
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: Montecito
  • General Property Information:Association Fee: 256.0
  • General Property Information:Association Fee Frequency: Quarterly
  • Association Amenities:Clubhouse: Yes
  • Association Amenities:Fitness Center: Yes
  • Association Amenities:Playground: Yes
  • Association Fee Includes:Maintenance Grounds: Yes
  • Association Amenities:Pool3: Yes

Schools

  • Middle Or Junior School: DeLaura

Lot Info

  • Current Use: Residential, Single Family
  • Land Lease: No
  • Lot Dimensions: 49 x 119
  • Lot Size Sq Ft: 6098.4
  • ResoLotSizeUnits: Acres
  • Parcel #: 26-37-26-32-00000.0-0123.00
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Negotiable

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 9197.0

MLS Schools

  • Elementary School: Sea Park
  • High School: Satellite

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 29, 2023
Closed on
Jan 17, 2024
Sold by
Bartee Michael
Bought by
Mckinstry W Earl W and Mckinstry Kelly
Seller's Agent
Jonathan Krauser
J. Edwards Real Estate
Buyer's Agent
Eva Roach
RE/MAX Aerospace Realty
List Price
$619,900
Sold Price
$629,000
Premium/Discount to List
$9,100
1.47%
Views
72
Current Estimated Value
$621,078

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,922
Avg. Annual Appreciation
-0.72%

Purchase Details

Listed on
Jun 25, 2020
Closed on
Jul 31, 2020
Sold by
Stirtzinger Lisa A Fournier and Lisa A Fournier Trust
Bought by
Bartee Michael
Seller's Agent
Karen Osiniak
RE/MAX Elite
Buyer's Agent
Jonathan Krauser
J. Edwards Real Estate
List Price
$419,900
Sold Price
$405,000
Premium/Discount to List
-$14,900
-3.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.49%
Original Mortgage
$324,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2007
Sold by
Fournier Lisa A
Bought by
Fournier Lisa A and Lisa A Fournier Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
5.87%

Purchase Details

Closed on
Jun 29, 2007
Sold by
Mercedes Homes Inc
Bought by
Fournier Lisa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
5.87%

Purchase Details

Closed on
Nov 3, 2006
Sold by
Phoenix Community Developers Inc
Bought by
Mercedes Homes Inc
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
Mckinstry W Earl W $629,000 State Title Partners
Mckinstry W Earl W $629,000 State Title Partners
Bartee Michael $405,000 State Title Partners Llp
Fournier Lisa A -- Attorney
Fournier Lisa A $369,000 B D R Title
Mercedes Homes Inc $120,000 B D R Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bartee Michael $324,000
Previous Owner Fournier Lisa A $260,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/25/2024 01/25/24 Sold $629,000 +1.5% $344 / Sq Ft
12/29/2023 12/29/23 For Sale $619,900 +53.1% $339 / Sq Ft
08/03/2020 08/03/20 Sold $405,000 -3.5% $221 / Sq Ft View Prior Sale
07/02/2020 07/02/20 Pending -- -- --
06/25/2020 06/25/20 For Sale $419,900 0.0% $229 / Sq Ft
03/22/2017 03/22/17 Rented $2,495 0.0% --
03/06/2017 03/06/17 Price Changed $2,495 -16.8% $1 / Sq Ft
01/23/2017 01/23/17 For Rent $3,000 +36.4% --
09/01/2014 09/01/14 Rented $2,200 0.0% --
08/28/2014 08/28/14 Under Contract -- -- --
08/27/2014 08/27/14 For Rent $2,200 -- --
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 $8,963 $273,790 -- --
2024 $9,581 $352,350 -- --
2023 $9,581 $342,090 $0 $0
2022 $8,946 $332,130 $0 $0
2021 $8,954 $322,460 $88,000 $234,460
2020 $9,161 $286,390 $100,000 $186,390
2019 $9,178 $282,310 $100,000 $182,310
2018 $8,781 $254,830 $85,000 $169,830
2017 $8,793 $261,770 $85,000 $176,770
2016 $7,540 $245,430 $85,000 $160,430
2015 $8,028 $259,530 $85,000 $174,530
2014 $5,976 $226,980 $80,000 $146,980
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 1000475

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 26-37-26-32-00000.0-0123.00