NOT LISTED FOR SALE

703 Hibiscus Trail Melbourne Beach, FL 32951

Estimated Value: $777,385 - $895,000

3 Beds
2.5 Baths
2,336 Sq Ft
$367/Sq Ft Est. Value

Last Sold August 23, 2018

Last sale price $510,000 $218 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $5,013/month

36 Days on Market

Highlights

  • Property has ocean access
  • Boat Dock
  • Open Floorplan
  • Gemini Elementary School Rated A-
  • Solar Heated In Ground Pool
  • Outdoor Kitchen

About This Home

As of August 2018

HUGE PRICE REDUCTION of $50000 for IMMEDIATE SALE/ALL OFFERS CONSIDERED. Fabulous coastal lifestyle awaits in this beautifully updated SOFA Melbourne Beach home. 3 Bedroom+Bonus Room/2.5 Bath/2.5 Car Garage. The oversized sparkling pool (solar heated). Huge covered lanai and serious summer kitchen border most interior rooms. Beautifully updated kitchen features stainless appliances and light hickory custom cabinetry. Tile floors throughout. Recent HVAC replacement. Newer double pain windows. 4 French doors open to lanai. Plantation shutters and crown molding throughout. Recently replumbed & renovated 2004. Brick paver driveway. Oversized .39 acre lot. Private Melbourne Beach location just a short walk to beach, river, fishing pier, park, tennis, library, restaurants. A Rated Schools.

Last Agent to Sell the Property

Thomas Eason

RE/MAX Aerospace Realty License #3220754 Listed on: 06/30/2018

RE/MAX Aerospace Realty

Last Buyer's Agent

Thomas Eason

RE/MAX Aerospace Realty License #3220754 Listed on: 06/30/2018

RE/MAX Aerospace Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,341

Year Built

  • Built in 1965

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 101 x 168
  • North Facing Home
  • Irregular Lot
  • Front and Back Yard Sprinklers

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway

Home Design

  • Tile Roof
  • Concrete Siding
  • Block Exterior
  • Asphalt
  • Stucco

Interior Spaces

  • 2,336 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Ceiling Fan
  • Wood Burning Fireplace
  • Family Room
  • Home Office
  • Library
  • Bonus Room
  • Sun or Florida Room
  • Screened Porch
  • Tile Flooring
  • Pool Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Dual Closets
  • Walk-In Closet
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Eco-Friendly Details

  • Solar Water Heater

Pool

  • Solar Heated In Ground Pool
  • Screen Enclosure

Outdoor Features

  • Property has ocean access
  • Courtyard
  • Patio
  • Outdoor Kitchen

Schools

  • Gemini Elementary School
  • Hoover Middle School
  • Melbourne High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Well

Listing and Financial Details

  • Assessor Parcel Number 28-38-06-50-0000b.0-0007.00

Community Details

Overview

  • No Home Owners Association
  • Sunset Shores Subd Subdivision

Recreation

  • Boat Dock
  • Tennis Courts
  • Community Basketball Court
  • Shuffleboard Court
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,341

Year Built

Built in 1965

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1965
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Irregular Lot, Sprinklers In Front, Sprinklers In Rear
  • Road Surface Type: Asphalt
  • Reso View: Pool
  • ResoSecurityFeatures: Smoke Detector(s)
  • Reso Association Amenities: Basketball Court, Boat Dock, Park, Shuffleboard Court, Tennis Court(s)
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Sunset Shores Subd
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 28-38-06-50-0000b.0-0007.00
  • Location Tax and Legal Elementary School: Gemini
  • Location Tax and Legal Middle School2: Hoover
  • Location Tax and Legal High School: Melbourne
  • Location Tax and Legal Tax Annual Amount: 7340.6
  • Location Tax and Legal Tax Year2: 2017
  • General Property Information Living Area2: 2336.0
  • General Property Information Building Area Total3: 3038.0
  • General Property Information Lot Size Acres: 0.39
  • General Property Information Lot Size Square Feet2: 16988.0
  • 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
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Levels One: Yes
  • Pool Features In Ground: Yes
  • Pool Features Private: Yes
  • Road Surface Type Asphalt: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Utilities Electricity Connected: Yes
  • View Pool: Yes
  • Water Source Well: Yes
  • Roof:Tile2: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • Pool Features Screen Enclosure: Yes
  • Pool Features Solar Heat: Yes
  • Room Types Family Room: Yes
  • Room Types Laundry: Yes
  • Room Types Library: Yes
  • Room Types Office: Yes
  • Room Types Florida Room: Yes
  • General Property Information Lot Size Dimensions: 101 X 168
  • Room Types Bonus Room: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-in Features, Ceiling Fan(s), His and Hers Closets, Open Floorplan, Pantry, Primary Bathroom - Tub with Shower, Split Bedrooms, Walk-In Closet(s)
  • Flooring: Tile
  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Solar Hot Water, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning, Other
  • Total Bedrooms: 8
  • ResoLivingAreaSource: Other
  • General Property Information Bathrooms Half: 1
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Built-in Features: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Solar Hot Water: Yes
  • Interior Features:His and Hers Closets: Yes
  • Fireplace Features:Wood Burning: Yes

Exterior Features

  • Exterior Features: Courtyard, Outdoor Kitchen, Storm Shutters
  • Pool Features: In Ground, Private, Screen Enclosure, Solar Heat
  • Roof: Tile
  • Acres: 0.39
  • Waterfront Features: Ocean Access
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: North
  • Patio And Porch Features: Patio, Porch, Screened
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Exterior Features:Storm Shutters: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Lot Features:Sprinklers In Rear: Yes
  • Waterfront Features:Ocean Access: Yes
  • Exterior Features Outdoor Kitchen2: Yes
  • Lot Features:Irregular Lot: Yes
  • Exterior Features:Courtyard: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Circular Driveway, 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
  • Parking Features:Circular Driveway: Yes

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No
  • Association Amenities:Shuffleboard Court: Yes
  • Association Amenities:Basketball Court: Yes
  • Association Amenities:Boat Dock: Yes
  • Association Amenities:Tennis Court(s)2: Yes
  • Association Amenities:Park: Yes

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Lot Dimensions: 101 X 168
  • Lot Size Sq Ft: 16988.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2846984
  • Parcel #: 28-38-06-50-0000b.0-0007.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 7340.6

MLS Schools

  • Elementary School: Gemini
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2018
Closed on
Aug 23, 2018
Sold by
Hyland Gregory A and Salinas Christine Marie
Bought by
Jenkins Erin M
Seller's Agent
Thomas Eason
RE/MAX Aerospace Realty
Buyer's Agent
Thomas Eason
RE/MAX Aerospace Realty
List Price
$575,000
Sold Price
$510,000
Premium/Discount to List
-$65,000
-11.3%
Current Estimated Value
$856,346

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$346,346
Avg. Annual Appreciation
7.49%
Original Mortgage
$408,000
Outstanding Balance
$354,331
Interest Rate
4.5%
Estimated Equity
$502,015

Purchase Details

Listed on
Jun 27, 2016
Closed on
Jul 19, 2016
Sold by
Hall John O and Taylor Lynn H
Bought by
Hyland Gregory A and Salinas Christine Marie
Seller's Agent
Carolyn Smith
RE/MAX Elite
Buyer's Agent
Thomas Eason
RE/MAX Aerospace Realty
List Price
$524,900
Sold Price
$485,000
Premium/Discount to List
-$39,900
-7.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.43%
Original Mortgage
$388,000
Interest Rate
3.54%

Purchase Details

Closed on
Jun 25, 2015
Sold by
Meeks Mary J
Bought by
Hall John O

Purchase Details

Closed on
Jun 25, 2004
Sold by
Johnson Charles G
Bought by
Hall John O and Meeks Mary Jan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,250
Interest Rate
5.25%

Purchase Details

Closed on
Apr 4, 2003
Sold by
Burton Gilbert Robert Scott and Burton Gilbert Jack
Bought by
Johnson Charles G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,500
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage
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
Jenkins Erin M $510,000 Atypical Title Llc
Hyland Gregory A $485,000 Prestige Title Of Brevard Ll
Hall John O -- Attorney
Hall John O $451,300 Town & Country Title Inc
Johnson Charles G $265,000 --
Johnson Charles G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jenkins Erin M $408,000
Previous Owner Hyland Gregory A $388,000
Previous Owner Hall John O $221,250
Previous Owner Johnson Charles G $238,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/23/2018 08/23/18 Sold $510,000 -2.8% $218 / Sq Ft
08/06/2018 08/06/18 Pending -- -- --
07/27/2018 07/27/18 Price Changed $524,900 -0.9% $225 / Sq Ft
07/27/2018 07/27/18 Price Changed $529,900 -3.6% $227 / Sq Ft
07/08/2018 07/08/18 Price Changed $549,900 -4.4% $235 / Sq Ft
06/30/2018 06/30/18 For Sale $575,000 +18.6% $246 / Sq Ft
07/22/2016 07/22/16 Sold $485,000 -3.0% $214 / Sq Ft View Prior Sale
05/29/2016 05/29/16 Pending -- -- --
05/10/2016 05/10/16 Price Changed $499,900 -4.8% $221 / Sq Ft
04/04/2016 04/04/16 For Sale $524,900 -- $232 / 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 $6,267 $460,900 -- --
2024 $6,125 $447,920 -- --
2023 $6,125 $434,880 $0 $0
2022 $6,025 $422,220 $0 $0
2021 $6,232 $409,930 $0 $0
2020 $6,181 $404,280 $222,200 $182,080
2019 $6,521 $415,620 $212,630 $202,990
2018 $7,241 $410,400 $212,630 $197,770
2017 $7,341 $412,080 $212,630 $199,450
2016 $3,675 $234,620 $179,050 $55,570
2015 $3,733 $232,990 $167,870 $65,120
2014 $3,744 $231,150 $134,290 $96,860
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 817977

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-38-06-50-0000B.0-0007.00