NOT LISTED FOR SALE

703 Shady Ln Melbourne, FL 32935

Estimated Value: $365,000 - $372,000

2 Beds
1 Bath
916 Sq Ft
$403/Sq Ft Est. Value

Last Sold January 09, 2023

Last sale price $340,000 $371 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,388/month

121 Days on Market

Highlights

  • The property is located in a historic district
  • Deck
  • No HOA
  • City View
  • Wood Flooring
  • 4-minute walk to Rossetter Park

About This Home

As of January 2023

Ultra charming, vintage cottage near the blossoming Eau Gallie Arts District. Lovingly cared for is clean and move in ready! You'll love the high ceilings and abundance of natural light flowing throughout the home and the screened patio overlooking a 600+ sq ft deck under majestic Live Oaks. Detached 240 sq ft garage / workshop. Might want to move quick on this little gem !

Last Agent to Sell the Property

Adam Warner

Pineapple Farms LLC License #3245631 Listed on: 11/07/2022

Last Buyer's Agent

Non-Member Non-Member Out Of Area

Non-MLS or Out of Area License #nonmls

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,611

Year Built

  • Built in 1934

Lot Details

  • 4,356 Sq Ft Lot
  • North Facing Home
  • Wood Fence

Home Design

  • Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 916 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • City Views
  • Breakfast Bar
  • Washer and Gas Dryer Hookup

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Creel Elementary School
  • Johnson Middle School
  • Eau Gallie High School

Additional Features

  • Deck
  • The property is located in a historic district

Community Details

  • No Home Owners Association
  • Creels S/D Of Lot 26 Houstons Add To Eau Gallie Association
  • Creels S/D Of Lot 26 Houstons Add To Eau Gallie Subdivision

Listing and Financial Details

  • Assessor Parcel Number 27-37-21-06-00000.0-0029.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,611

Year Built

Built in 1934

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1934
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • ResoLotFeatures: Historic Area
  • Reso View: City
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Creels S/D of Lot 26 Houstons Add To Eau Gallie
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 27-37-21-06-00000.0-0029.00
  • Location Tax and Legal Elementary School: Creel
  • Location Tax and Legal Middle School2: Johnson
  • Location Tax and Legal High School: Eau Gallie
  • Location Tax and Legal Tax Annual Amount: 1610.87
  • Location Tax and Legal Tax Year2: 2020
  • General Property Information Living Area2: 916.0
  • General Property Information Building Area Total3: 982.0
  • General Property Information Lot Size Acres: 0.1
  • General Property Information Lot Size Square Feet2: 4356.0
  • 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
  • Fencing Fenced2: Yes
  • Fencing Wood2: Yes
  • Flooring Tile: Yes
  • Flooring Wood: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Levels One: Yes
  • Pets Allowed Yes: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • Lot Features Historic Area: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Bar, Ceiling Fan(s)
  • Flooring: Tile, Wood
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • ResoLivingAreaSource: PublicRecords
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Ceiling Fan(s): Yes

Exterior Features

  • Pool Features: None
  • Roof: Metal
  • Fencing: Fenced, Wood
  • Acres: 0.1
  • Waterfront: No
  • Construction Type: Frame, Wood Siding
  • Direction Faces: North
  • Patio And Porch Features: Deck
  • Patio And Porch Features:Deck: Yes
  • Construction Materials:Frame: Yes
  • Construction Materials:Wood Siding: Yes
  • ConstructionSiding:Roof Metal: Yes
  • View:City3: Yes

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association Name: CREELS S/D OF LOT 26 HOUSTONS ADD TO EAU GALLIE
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No
  • General Property Information:Association Name: CREELS S/D OF LOT 26 HOUSTONS ADD TO EAU GALLIE

Schools

  • Middle Or Junior School: Johnson

Lot Info

  • Lot Size Sq Ft: 4356.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2724791
  • Parcel #: 27-37-21-06-00000.0-0029.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 1610.87

MLS Schools

  • Elementary School: Creel
  • High School: Eau Gallie

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2022
Closed on
Jan 4, 2023
Sold by
Wendler Matthew Doran and Kaliela Naomi
Bought by
Ray Jeremy and Ray Ria
Seller's Agent
Adam Warner
Pineapple Farms LLC
Buyer's Agent
Non-Member Non-Member Out Of Area
Non-MLS or Out of Area
List Price
$398,765
Sold Price
$340,000
Premium/Discount to List
-$58,765
-14.74%
Views
14
Current Estimated Value
$369,196

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,196
Avg. Annual Appreciation
3.05%
Original Mortgage
$255,000
Outstanding Balance
$247,085
Interest Rate
6.58%
Mortgage Type
New Conventional
Estimated Equity
$122,111

Purchase Details

Listed on
Mar 25, 2017
Closed on
Apr 7, 2017
Sold by
Maguire Anne
Bought by
Doran William Matthew and Doran Dora Keliela
Seller's Agent
Dave Settgast
One Sotheby's International
Buyer's Agent
Dave Settgast
One Sotheby's International
List Price
$147,500
Sold Price
$135,000
Premium/Discount to List
-$12,500
-8.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.39%

Purchase Details

Listed on
Nov 15, 2015
Closed on
Jan 5, 2016
Sold by
Widdowson Patricia A and Patricia A Widdowson Trust
Bought by
Maguire Anne
Seller's Agent
Tracy Warren
Blue View Realty, LLC
Buyer's Agent
Diane Calleja
RE/MAX Elite
List Price
$129,000
Sold Price
$125,000
Premium/Discount to List
-$4,000
-3.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.35%
Original Mortgage
$80,000
Interest Rate
3.97%

Purchase Details

Closed on
Aug 27, 2007
Sold by
Macdonald Christopher and Macdonald Siobhan
Bought by
Widdowson Patricia A and Patricia A Widdowson Trust

Purchase Details

Closed on
Mar 28, 2005
Sold by
Neal Rae D and Neal Linda D
Bought by
Macdonald Christopher and Macdonald Siobhan

Purchase Details

Closed on
May 11, 2001
Sold by
Parkinson Randall W and Parkinson Laura
Bought by
Neal Rae D and Neal Linda D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,000
Interest Rate
6.95%
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
Ray Jeremy -- Echelon Title Services
Ray Jeremy -- Echelon Title Services
Doran William Matthew $135,000 State Title Partners Llp
Maguire Anne $125,000 Alliance Title Insurance Age
Widdowson Patricia A $165,000 Security First Title Partner
Macdonald Christopher $195,000 Title Security & Escrow Of C
Neal Rae D $82,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ray Jeremy $255,000
Closed Ray Jeremy $255,000
Previous Owner Maguire Anne $80,000
Previous Owner Neal Rae D $66,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/23/2023 12/23/23 Off Market $135,000 -- --
01/09/2023 01/09/23 Sold $340,000 -6.8% $371 / Sq Ft
12/11/2022 12/11/22 Pending -- -- --
12/02/2022 12/02/22 Price Changed $364,795 -3.2% $398 / Sq Ft
11/07/2022 11/07/22 Price Changed $376,984 -5.5% $412 / Sq Ft
11/07/2022 11/07/22 For Sale $398,765 0.0% $435 / Sq Ft
09/30/2022 09/30/22 Pending -- -- --
09/20/2022 09/20/22 For Sale $398,765 0.0% $435 / Sq Ft
09/01/2022 09/01/22 Pending -- -- --
08/20/2022 08/20/22 Price Changed $398,765 -7.2% $435 / Sq Ft
08/12/2022 08/12/22 For Sale $429,760 +218.3% $469 / Sq Ft
04/07/2017 04/07/17 Sold $135,000 -8.5% $162 / Sq Ft View Prior Sale
03/28/2017 03/28/17 Pending -- -- --
03/25/2017 03/25/17 For Sale $147,500 +18.0% $177 / Sq Ft
01/05/2016 01/05/16 Sold $125,000 -3.1% $150 / Sq Ft View Prior Sale
11/12/2015 11/12/15 Pending -- -- --
11/12/2015 11/12/15 For Sale $129,000 0.0% $155 / Sq Ft
01/05/2015 01/05/15 Rented $950 0.0% --
12/06/2014 12/06/14 Under Contract -- -- --
11/13/2014 11/13/14 For Rent $950 +5.6% --
11/30/2013 11/30/13 Rented $900 0.0% --
11/21/2013 11/21/13 Under Contract -- -- --
11/06/2013 11/06/13 For Rent $900 -- --
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 $5,146 $276,400 -- --
2024 $4,985 $291,940 -- --
2023 $4,985 $279,280 $120,000 $159,280
2022 $1,603 $129,460 $0 $0
2021 $1,611 $125,690 $0 $0
2020 $1,590 $123,960 $0 $0
2019 $1,526 $117,630 $0 $0
2018 $1,516 $115,440 $55,800 $59,640
2017 $2,249 $108,710 $52,200 $56,510
2016 $2,041 $92,930 $41,400 $51,530
2015 $2,016 $89,180 $41,400 $47,780
2014 $1,891 $82,850 $41,400 $41,450
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 943471

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-37-21-06-00000.0-0029.00