NOT LISTED FOR SALE

697 Palos Verde Dr Satellite Beach, FL 32937

Estimated Value: $741,000 - $797,000

5 Beds
3 Baths
3,276 Sq Ft
$234/Sq Ft Est. Value

Last Sold June 01, 2017

Last sale price $499,000 $152 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $5,199/month

20 Days on Market

Highlights

  • Lake Front
  • Fitness Center
  • Home fronts a pond
  • Satellite Senior High School Rated A-
  • Heated In Ground Pool
  • Clubhouse

About This Home

As of June 2017

Pristine Mediterranean style waterfront, pool home tastefully painted and decorated ready for a discerning buyer. Move right in without needing to change a thing! Excellent floorplan for entertaining with an open kitchen, high ceilings, and amazing out door spaces. Massive courtyard perfect for S'MORES over a fire pit or hang year around in the backyard by the heated, salt system pool and spa with indoor smart remote system. Kitchen offers 42'' Maple cabinets, ample granite counter space & wet bar servicing the dining area. Beautiful wooden & wrought iron stairway leads the bedrooms & huge Media room/Flex space. Master bedroom offers private sitting area overlooking the courtyard to the west and pool/pond to east. 2 New A/C systems in 2013, Water Heater 2015, Pool heater updated as well!

Last Agent to Sell the Property

Zachary Spurlock

RE/MAX Elite Listed on: 03/04/2017

Last Buyer's Agent

Christine Brown

Inspire Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,601

Year Built

  • Built in 2007

Lot Details

  • 6,098 Sq Ft Lot
  • Home fronts a pond
  • Lake Front
  • West Facing Home
  • Wrought Iron Fence
  • Front and Back Yard Sprinklers

HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Lake
  • Pond
  • Pool

Home Design

  • Tile Roof
  • Asphalt
  • Stucco

Interior Spaces

  • 3,276 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Great Room
  • Living Room
  • Dining Room
  • Bonus Room
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • 3 Full Bathrooms

Home Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Pool

  • Heated In Ground Pool
  • In Ground Spa
  • Saltwater Pool

Outdoor Features

  • Balcony
  • Courtyard
  • Patio

Schools

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

Utilities

  • Central Heating and Cooling System
  • Propane
  • Well
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 26-37-26-32-00000.0-0124.00

Community Details

Overview

  • Association fees include cable TV
  • $722 Other Monthly Fees
  • Montecito Phase 1A Subdivision
  • Maintained Community

Amenities

  • Clubhouse

Recreation

  • Community Playground
  • Fitness Center
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,601

Year Built

Built in 2007

Lot Details

0

HOA Fees

$274 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 Surface Type: Asphalt
  • Reso View: Lake, Pond, Pool, Water
  • ResoSecurityFeatures: Smoke Detector(s)
  • Reso Association Amenities: Clubhouse, Fitness Center, Maintenance Grounds, Management - Off Site, Playground
  • Reso Association Fee Includes: Cable TV
  • 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: 26-37-26-32-00000.0-0124.00
  • 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: 8601.32
  • Location Tax and Legal Tax Year2: 2016
  • General Property Information Living Area2: 3276.0
  • General Property Information Building Area Total3: 3738.0
  • 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: Yes
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: West
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Fencing Fenced2: Yes
  • Flooring Tile: Yes
  • General Property Information Community Fee(s) YN: Yes
  • General Property Information Other Fee(s) Amount: 2165.35
  • Pool Features In Ground: Yes
  • Pool Features Private: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Road Surface Type Asphalt: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • ViewPond: Yes
  • View Pool: Yes
  • Flooring Carpet: Yes
  • Levels Two: Yes
  • Water Source Well: Yes
  • Roof:Tile2: Yes
  • Spa Features In Ground2: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • View Water3: Yes
  • Room Types Dining Room: Yes
  • Room Types Great Room: Yes
  • Room Types Laundry: Yes
  • Room Types Living Room: Yes
  • Fencing Wrought Iron: Yes
  • Pool Features Salt Water: Yes
  • Utilities Propane3: Yes
  • Pool Features Gas Heat: Yes
  • Room Types Bonus Room: Yes
  • Interior Features Jack and Jill Bath: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen, Jack and Jill Bath, Kitchen Island, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar
  • Flooring: Carpet, Tile
  • Spa Features: In Ground
  • Appliances: Dishwasher, Electric Water Heater, Gas Range, Microwave, Refrigerator
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Gas Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Pool Features:Community: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Wet Bar: Yes

Exterior Features

  • Exterior Features: Balcony, Courtyard, Storm Shutters
  • Pool Features: Community, Gas Heat, In Ground, Private, Salt Water, Other
  • Roof: Tile
  • Fencing: Fenced, Wrought Iron
  • Acres: 0.14
  • Waterfront Features: Lake Front, Pond
  • Waterfront: Yes
  • Construction Type: Stucco
  • Direction Faces: West
  • Patio And Porch Features: Patio
  • Construction Materials:Stucco: Yes
  • Patio And Porch Features:Patio: Yes
  • Exterior Features:Storm Shutters: Yes
  • View:Lake: Yes
  • Exterior Features:Balcony: Yes
  • Waterfront Features:Lake Front: Yes
  • Waterfront Features:Pond2: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Lot Features:Sprinklers In Rear: Yes
  • Exterior Features:Courtyard: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Attached: Yes

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association #2 Fee: 2165.35
  • Association #2 Fee Frequency: Annually
  • Association Fee: 282.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 282.0
  • General Property Information:Association Fee Frequency: Quarterly
  • General Property Information:Association Fee 2: 2165.35
  • General Property Information:Association Fee 2 Frequency: Annually
  • Association Fee Includes:Cable TV: Yes
  • Association Amenities:Clubhouse: Yes
  • Association Amenities:Fitness Center: Yes
  • Association Amenities:Playground: Yes

Schools

  • Middle Or Junior School: DeLaura

Lot Info

  • Lot Size Sq Ft: 6098.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 26-37-26-32-00000.0-0124.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 8601.32

MLS Schools

  • Elementary School: Sea Park
  • High School: Satellite

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2017
Closed on
Jun 1, 2017
Sold by
Holcomb Danny R and Holcomb Jessica
Bought by
Nelson Warren F and Nelson Eronilda
Seller's Agent
Zachary Spurlock
RE/MAX Elite
Buyer's Agent
Christine Brown
Inspire Realty LLC
List Price
$524,900
Sold Price
$499,000
Premium/Discount to List
-$25,900
-4.93%
Current Estimated Value
$766,003

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$267,003
Avg. Annual Appreciation
5.23%

Purchase Details

Listed on
Aug 9, 2016
Closed on
Oct 18, 2016
Sold by
Woessner Stephan D and Woessner Jamie S
Bought by
Holcomb Danny R and Holcomb Jessica
Seller's Agent
John Curri
Realty World Curri Properties
Buyer's Agent
Zachary Spurlock
RE/MAX Elite
List Price
$499,000
Sold Price
$477,000
Premium/Discount to List
-$22,000
-4.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.54%
Original Mortgage
$381,600
Interest Rate
3.44%

Purchase Details

Closed on
Jul 20, 2007
Sold by
Mercedes Homes Inc
Bought by
Woessner Stephen D and Woessner Jamie S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,990
Interest Rate
5.62%

Purchase Details

Closed on
Nov 15, 2006
Sold by
Phoenix Community Developers Inc
Bought by
Mercedes Homes Inc
Source: Public Records

Range of Values:

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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
Nelson Warren F $499,000 The Title Station Inc
Holcomb Danny R $477,000 None Available
Woessner Stephen D $541,000 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 Holcomb Danny R $381,600
Previous Owner Woessner Stephen D $390,990
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/01/2017 06/01/17 Sold $499,000 -2.1% $152 / Sq Ft
03/24/2017 03/24/17 Pending -- -- --
03/14/2017 03/14/17 Price Changed $509,900 -2.9% $156 / Sq Ft
03/03/2017 03/03/17 For Sale $524,900 +10.0% $160 / Sq Ft
10/18/2016 10/18/16 Sold $477,000 -2.6% $146 / Sq Ft View Prior Sale
09/11/2016 09/11/16 Pending -- -- --
09/08/2016 09/08/16 Price Changed $489,900 -1.8% $150 / Sq Ft
08/09/2016 08/09/16 For Sale $499,000 -- $152 / 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
2025 $10,991 $477,270 -- --
2024 $10,620 $463,820 -- --
2023 $10,620 $450,320 $0 $0
2022 $9,879 $437,210 $0 $0
2021 $9,745 $424,480 $0 $0
2020 $9,738 $418,620 $100,000 $318,620
2019 $9,803 $413,540 $0 $0
2018 $11,035 $405,830 $85,000 $320,830
2017 $10,932 $407,520 $85,000 $322,520
2016 $8,601 $337,250 $85,000 $252,250
2015 $8,767 $334,910 $85,000 $249,910
2014 $8,317 $332,260 $80,000 $252,260
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 777324

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 26-37-26-32-00000.0-0124.00