NOT LISTED FOR SALE

696 Palos Verde Dr Satellite Beach, FL 32937

Estimated Value: $675,764 - $693,000

3 Beds
2.5 Baths
2,707 Sq Ft
$253/Sq Ft Est. Value

Last Sold July 31, 2018

Last sale price $450,000 $166 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $4,526/month

233 Days on Market

Highlights

  • Lake View
  • Vaulted Ceiling
  • Community Pool
  • Sea Park Elementary School Rated 9+
  • Wood Flooring
  • Breakfast Area or Nook

About This Home

As of July 2018

You will be delighted with a beautiful courtyard and fountain view as you enter the formal vaulted living room of this dramatic home. A twenty-five foot family-media room is adjacent to a gourmet kitchen and another media room on the upper level accommodates the whole family. The king-sized master bedroom and sitting room with private balcony enjoys a spa-like bath.
This up-scale gated community has a clubhouse with a wonderful kitchen, entertaining area, billiard table, gym, and luxurious olympic-sized pool. Family friendly and beautifully maintained this beach-side neighborhood is just what you have been looking for. A few steps to Hightower Beach Ocean Park.

Last Agent to Sell the Property

Jo Ann Cheyne

Cameruci Realty, Inc. License #3266432 Listed on: 06/04/2018

Co-Listed By

Sherra Cameruci

Cameruci Realty, Inc.

Last Buyer's Agent

Samara Zitnik

Sea Turtle Real Estate, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,489

Year Built

  • Built in 2006

Lot Details

  • 6,098 Sq Ft Lot
  • East Facing Home

HOA Fees

  • $51 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Property Views

  • Lake
  • Pond

Home Design

  • Tile Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,707 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Breakfast Bar
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer
  • Sink Near Laundry

Schools

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

Utilities

  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 26-37-26-32-00000.0-0060.00

Community Details

Overview

  • $51 Other Monthly Fees
  • Montecito Phase 1A Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,489

Year Built

Built in 2006

Lot Details

0

HOA Fees

$51 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2006
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Sink
  • Reso View: Lake, Pond, Water
  • Co List Office Mls Id: 05350
  • Co List Office Phone: 321-724-2000
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Montecito Phase 1A
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 26-37-26-32-00000.0-0060.00
  • 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: 10488.6
  • Location Tax and Legal Tax Year2: 2017
  • General Property Information Living Area2: 2707.0
  • General Property Information Building Area Total3: 3125.0
  • General Property Information Lot Size Acres: 0.14
  • General Property Information Lot Size Square Feet2: 6098.0
  • 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: East
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • General Property Information Other Fee(s) Amount: 154.0
  • Appliances Dryer: Yes
  • Washers: Yes
  • Flooring Wood: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • ViewPond: Yes
  • Laundry Features Sink: Yes
  • Levels Two: Yes
  • Roof:Tile2: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • View Water3: Yes
  • Interior Features Breakfast Nook: Yes
  • Flooring Stone: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Bar, Breakfast Nook, Ceiling Fan(s), Eat-in Kitchen, Pantry, Vaulted Ceiling(s), Walk-In Closet(s)
  • Flooring: Stone, Wood
  • Appliances: Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • ResoLivingAreaSource: PublicRecords
  • General Property Information Bathrooms Half: 1
  • Appliances Dishwasher: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Pool Features:Community: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:Walk-In Closet(s): Yes

Exterior Features

  • Pool Features: Community
  • Roof: Tile
  • Acres: 0.14
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: East
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • View:Lake: 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: Cable Available, Electricity Connected, Water Available

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 153.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 153.0
  • General Property Information:Association Fee Frequency: Quarterly

Schools

  • Middle Or Junior School: DeLaura

Lot Info

  • Lot Size Sq Ft: 6098.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2628986
  • Parcel #: 26-37-26-32-00000.0-0060.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 10488.6

MLS Schools

  • Elementary School: Sea Park
  • High School: Satellite

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2018
Closed on
Jul 31, 2018
Sold by
Edmundson Julie
Bought by
Merritt Frank Ryan
Seller's Agent
Jo Ann Cheyne
Cameruci Realty, Inc.
Buyer's Agent
Samara Zitnik
Sea Turtle Real Estate, LLC
List Price
$469,000
Sold Price
$450,000
Premium/Discount to List
-$19,000
-4.05%
Current Estimated Value
$684,941

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$234,941
Avg. Annual Appreciation
6.06%

Purchase Details

Listed on
Jul 10, 2012
Closed on
Dec 21, 2012
Sold by
Dowdell Angelique M
Bought by
Bernhardt Rasmussen Asenath M and Kilpatrick Brian F
Seller's Agent
Michael Pruitt
Coldwell Banker Residential R.E. LLC
Buyer's Agent
Monica Johnson
BHHS Florida Realty
List Price
$375,000
Sold Price
$325,000
Premium/Discount to List
-$50,000
-13.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.97%

Purchase Details

Closed on
May 5, 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
Merritt Frank Ryan $150,000 Mosley & Wallis Title Servic
Merritt Frank Rayn $150,000 Mosley & Wallis Title Servic
Merritt Frank Ryan $150,000 Mosley & Wallis Title Servic
Bernhardt Rasmussen Asenath M $325,000 Security First Title & Escro
Mercedes Homes Inc $280,000 B D R Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2018 07/31/18 Sold $450,000 -2.0% $166 / Sq Ft
07/23/2018 07/23/18 Pending -- -- --
06/04/2018 06/04/18 Price Changed $459,000 -2.1% $170 / Sq Ft
06/04/2018 06/04/18 For Sale $469,000 +4.2% $173 / Sq Ft
06/02/2018 06/02/18 Off Market $450,000 -- --
05/27/2018 05/27/18 Price Changed $469,000 -1.3% $173 / Sq Ft
02/01/2018 02/01/18 Price Changed $475,000 -9.5% $175 / Sq Ft
12/01/2017 12/01/17 For Sale $525,000 +61.5% $194 / Sq Ft
12/21/2012 12/21/12 Sold $325,000 -13.3% $105 / Sq Ft
12/14/2012 12/14/12 Pending -- -- --
07/09/2012 07/09/12 For Sale $375,000 -- $121 / 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
2024 $10,301 $392,280 -- --
2023 $10,301 $380,860 $0 $0
2022 $9,629 $369,770 $0 $0
2021 $9,667 $359,000 $0 $0
2020 $9,659 $354,050 $100,000 $254,050
2019 $9,760 $352,140 $100,000 $252,140
2018 $10,484 $336,890 $85,000 $251,890
2017 $10,489 $343,970 $85,000 $258,970
2016 $9,153 $321,350 $85,000 $236,350
2015 $7,834 $292,440 $85,000 $207,440
2014 $7,380 $290,120 $80,000 $210,120
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 799482

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 26-37-26-32-00000.0-0060.00