NOT LISTED FOR SALE

701 Falls Creek Dr Melbourne, FL 32904

Estimated Value: $404,864 - $455,000

3 Beds
2 Baths
1,891 Sq Ft
$227/Sq Ft Est. Value

Last Sold February 27, 2015

Last sale price $196,000 $104 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $2,570/month

277 Days on Market

Highlights

  • Open Floorplan
  • Breakfast Area or Nook
  • 2 Car Attached Garage
  • Melbourne Senior High School Rated A-
  • Porch
  • Separate Shower in Primary Bathroom

About This Home

As of February 2015

Presenting a lovely home in the beautiful gated community of The Falls at Sheridan in West Melbourne. Featuring a 3 bedroom, 2 bath, 2 car garage home with large covered porch. Enjoy a spacious living room & dining room, large open kitchen with breakfast nook overlooking the family room. Split bedroom plan, indoor laundry room too. Nice tile flooring in main living areas, Slider door for porch access and hall bath door to porch as well, room for a pool too! Roof was replaced with architectural shingles in 2005, appliances included with transferable warranty to new owner, ceiling fans, decorative lighting, rain gutters, irrigation system with well, newer A/C & water heater too. Gated community offers nice park area & sidewalks. A great home, great value, don't miss the opportunity.

Last Agent to Sell the Property

Vera Koon

Waterman Real Estate, Inc. License #684873 Listed on: 04/12/2014

Waterman Real Estate, Inc.

Co-Listed By

Kenny Koon

Waterman Real Estate, Inc. License #3240312

Last Buyer's Agent

Myrna Colon

Engel & Voelkers Melb. Central License #3215668

Engel & Voelkers Melb. Central

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,289

Year Built

  • Built in 1997

Lot Details

  • 8,640 Sq Ft Lot
  • North Facing Home
  • Wood Fence
  • Front and Back Yard Sprinklers

HOA Fees

  • $29 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,891 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Furniture Can Be Negotiated
  • Ceiling Fan
  • Family Room
  • Living Room
  • Dining Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security Gate
  • Fire and Smoke Detector

Outdoor Features

  • Porch

Schools

  • Roy Allen Elementary School
  • Central Middle School
  • Melbourne High School

Utilities

  • Central Heating and Cooling System
  • Well
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 27-36-35-01-0000c.0-0001.00

Community Details

Overview

  • The Falls At Sheridan Phase 1 Subdivision
  • Maintained Community

Recreation

  • Community Playground
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,289

Year Built

Built in 1997

Lot Details

0

HOA Fees

$29 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1997
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • ResoLotFeatures: Sprinklers In Front, Sprinklers In Rear
  • ResoSecurityFeatures: Security Gate, Smoke Detector(s)
  • Reso Association Amenities: Maintenance Grounds, Management - Off Site, Park, Playground
  • Co List Office Mls Id: watr0
  • Co List Office Phone: 321-215-2100
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: The Falls at Sheridan Phase 1
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 27-36-35-01-0000c.0-0001.00
  • Location Tax and Legal Elementary School: Roy Allen
  • Location Tax and Legal Middle School2: Central
  • Location Tax and Legal High School: Melbourne
  • Location Tax and Legal Tax Annual Amount: 1289.43
  • Location Tax and Legal Tax Year2: 2013
  • General Property Information Living Area2: 1891.0
  • General Property Information Building Area Total3: 2676.0
  • General Property Information Lot Size Acres: 0.2
  • General Property Information Lot Size Square Feet2: 8640.0
  • 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: North
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Fencing Fenced2: Yes
  • Fencing Wood2: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Levels One: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Roof:Shingle: Yes
  • Security Features Security Gate: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Flooring Carpet: Yes
  • Water Source Well: Yes
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • Room Types Dining Room: Yes
  • Interior Features Breakfast Nook: Yes
  • Room Types Family Room: Yes
  • Room Types Laundry: Yes
  • Room Types Living Room: Yes
  • General Property Information Lot Size Dimensions: 72.0 ft x 120.0 ft
  • Pets Allowed Breed Restrictions: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Bar, Breakfast Nook, Ceiling Fan(s), Eat-in Kitchen, Open Floorplan, Pantry, Primary Bathroom - Tub with Shower, Primary Bathroom -Tub with Separate Shower, Split Bedrooms, Walk-In Closet(s)
  • Flooring: Carpet, Tile
  • Appliances: Dishwasher, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Total Bedrooms: 8
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Walk-In Closet(s): Yes

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Fencing: Fenced, Wood
  • Acres: 0.2
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: North
  • Patio And Porch Features: Porch
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio and Porch Features:Porch: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Lot Features:Sprinklers In Rear: 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

  • Cooling: Central Air, Electric
  • Utilities: Water Available
  • 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 Fee: 350.0
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 350.0
  • General Property Information:Association Fee Frequency: Annually
  • Association Amenities:Park: Yes
  • Association Amenities:Playground: Yes

Schools

  • Middle Or Junior School: Central

Lot Info

  • Lot Dimensions: 72.0 ft x 120.0 ft
  • Lot Size Sq Ft: 8640.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2735324
  • Parcel #: 27-36-35-01-0000c.0-0001.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Negotiable

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 1289.43

MLS Schools

  • Elementary School: Roy Allen
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2014
Closed on
Feb 27, 2015
Sold by
Wallenstein Kenneth
Bought by
Zierk Spencer and Zierk Danielle
Seller's Agent
Vera Koon
Waterman Real Estate, Inc.
Buyer's Agent
Myrna Colon
Engel & Voelkers Melb. Central
List Price
$199,900
Sold Price
$196,000
Premium/Discount to List
-$3,900
-1.95%
Current Estimated Value
$429,966

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$233,966
Avg. Annual Appreciation
7.92%
Original Mortgage
$176,400
Interest Rate
3.75%

Purchase Details

Closed on
Sep 12, 2005
Sold by
Mitchell Michael A and Mitchell Leslie A
Bought by
Wallenstein Kenneth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
5.71%

Purchase Details

Closed on
Jan 29, 1997
Sold by
Stitzel Dev Corp
Bought by
Derose Thomas V and Derose Grace Karina M
Source: Public Records

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
Zierk Spencer $196,000 State Title Partners Llp
Wallenstein Kenneth $285,000 --
Derose Thomas V $30,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zierk Spencer David $60,000
Open Zierk Spencer $159,500
Closed Zierk Spencer $176,400
Previous Owner Wallenstein Kenneth $228,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2015 02/27/15 Sold $196,000 -2.0% $104 / Sq Ft
01/13/2015 01/13/15 Pending -- -- --
04/11/2014 04/11/14 For Sale $199,900 -- $106 / 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 $3,006 $242,850 -- --
2023 $3,006 $235,780 $0 $0
2022 $2,803 $228,920 $0 $0
2021 $2,944 $222,260 $0 $0
2020 $2,899 $219,200 $70,000 $149,200
2019 $3,392 $207,050 $60,000 $147,050
2018 $3,336 $198,140 $60,000 $138,140
2017 $3,131 $180,790 $55,000 $125,790
2016 $3,009 $166,100 $45,000 $121,100
2015 $1,580 $115,130 $40,000 $75,130
2014 $1,578 $114,220 $40,000 $74,220
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 694148

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-36-35-01-0000C.0-0001.00