NOT LISTED FOR SALE

705 Palmer Way Unit 2 Melbourne, FL 32940

Suntree Neighborhood

Estimated Value: $785,000 - $962,000

4 Beds
3 Baths
3,228 Sq Ft
$268/Sq Ft Est. Value

Last Sold April 13, 2018

Last sale price $673,000 $208 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $5,161/month

7 Days on Market

Highlights

  • Lake Front
  • Solar Heated In Ground Pool
  • Open Floorplan
  • Suntree Elementary School Rated A-
  • Home fronts a pond
  • Vaulted Ceiling

About This Home

As of April 2018

This is it! One of the most beautiful Suntree homes to come on the market this year! This completely remodeled Executive Luxury home has everything you want and need! Featuring 4 bedrooms plus office, 3 full baths, 3 car garage and a BRAND NEW TILE ROOF just installed, plus all new air ducts too in this impeccable home! Numerous upgrades include an unbelievably STUNNING gourmet kitchen with a huge island with top of the line Cambria countertops, gorgeous solid wood cabinets and stainless appliances. Open floorplan w/vaulted ceilings, Hickory wood floors, fireplace, numerous windows to maximize views of your pool, spa, and lake AND golf course front lot! Just renovated Master bath and new AC in 2015 too! Too many upgrades to list here! This is a must-see, one of a kind home. HURRY!

Last Agent to Sell the Property

Grace Vista

Vista Florida Realty LLC License #3219993 Listed on: 03/08/2018

Vista Florida Realty LLC

Last Buyer's Agent

Michael Grayson

RE/MAX Alternative Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,080

Year Built

  • Built in 1995

Lot Details

  • 0.3 Acre Lot
  • Home fronts a pond
  • Lake Front
  • Northwest Facing Home
  • Few Trees

HOA Fees

  • $19 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Property Views

  • Lake
  • Pond
  • Golf Course
  • Pool

Home Design

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

Interior Spaces

  • 3,228 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Home Office
  • Library
  • Screened Porch

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Pool

  • Solar Heated In Ground Pool
  • Saltwater Pool

Outdoor Features

  • Patio

Schools

  • Suntree Elementary School
  • Delaura Middle School
  • Viera High School

Utilities

  • Cooling Available
  • Central Heating
  • Gas Water Heater
  • Cable TV Available

Community Details

  • $13 Other Monthly Fees
  • Legends Unit 2 The Subdivision

Listing and Financial Details

  • Assessor Parcel Number 26-36-23-Pp-00000.0-0069.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,080

Year Built

Built in 1995

Lot Details

0

HOA Fees

$19 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 1995
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • ResoLotFeatures: Few Trees
  • Road Surface Type: Asphalt
  • Reso View: Golf Course, Lake, Pond, Pool, Water
  • Reso Association Amenities: Management - Off Site
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Legends Unit 2 The
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 26-36-23-Pp-00000.0-0069.00
  • Location Tax and Legal Elementary School: Suntree
  • Location Tax and Legal Middle School2: DeLaura
  • Location Tax and Legal High School: Viera
  • Location Tax and Legal Tax Annual Amount: 6079.87
  • Location Tax and Legal Tax Year2: 2017
  • General Property Information Living Area2: 3228.0
  • General Property Information Building Area Total3: 3972.0
  • General Property Information Lot Size Acres: 0.3
  • General Property Information Lot Size Square Feet2: 13068.0
  • 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: Northwest
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling:Electric: Yes
  • Flooring Tile: Yes
  • General Property Information Community Fee(s) YN: Yes
  • General Property Information Other Fee(s) Amount: 150.0
  • Flooring Wood: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Levels One: Yes
  • Pool Features In Ground: Yes
  • Pool Features Private: Yes
  • Road Surface Type Asphalt: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • ViewPond: Yes
  • View Pool: Yes
  • Flooring Carpet: Yes
  • Roof:Tile2: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • View Water3: Yes
  • Room Types Dining Room: Yes
  • Interior Features Breakfast Nook: Yes
  • Pool Features Solar Heat: Yes
  • Room Types Family Room: Yes
  • Room Types Laundry: Yes
  • Room Types Library: Yes
  • Room Types Living Room: Yes
  • Room Types Office: Yes
  • Utilities Natural Gas Connected: Yes
  • View Golf Course2: Yes
  • Pool Features Salt Water: Yes
  • Pool Features Gas Heat: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Bar, Breakfast Nook, Ceiling Fan(s), Eat-in Kitchen, Kitchen Island, Open Floorplan, Split Bedrooms, Vaulted Ceiling(s)
  • Flooring: Carpet, Tile, Wood
  • Appliances: Dishwasher, Disposal, Gas Water Heater, Microwave, Refrigerator
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning, Other
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: 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:Kitchen Island: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Fireplace Features:Wood Burning: Yes
  • Appliances:Gas Water Heater: Yes

Exterior Features

  • Pool Features: Gas Heat, In Ground, Private, Salt Water, Solar Heat
  • Roof: Tile
  • Acres: 0.3
  • Waterfront Features: Lake Front, Pond
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: Northwest
  • 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
  • View:Lake: Yes
  • Waterfront Features:Lake Front: Yes
  • Waterfront Features:Pond2: Yes
  • Lot Features:Few Trees: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: Attached
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 3.0
  • Parking Features:Attached: Yes

Utilities

  • Cooling: Electric
  • Utilities: Cable Available, Natural Gas Connected, Water Available
  • Heating: Central
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 226.0
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 226.0
  • General Property Information:Association Fee Frequency: Annually

Schools

  • Middle Or Junior School: DeLaura

Lot Info

  • Lot Size Sq Ft: 13068.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 26-36-23-Pp-00000.0-0069.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 6079.87

MLS Schools

  • Elementary School: Suntree
  • High School: Viera

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2018
Closed on
Apr 13, 2018
Sold by
Rosen Noah E and Rosen Stacy A
Bought by
Myers Don Jackson and Patrizi Marisa
Seller's Agent
Grace Vista
Vista Florida Realty LLC
Buyer's Agent
Michael Grayson
RE/MAX Alternative Realty
List Price
$684,210
Sold Price
$673,000
Premium/Discount to List
-$11,210
-1.64%
Current Estimated Value
$864,314

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,314
Avg. Annual Appreciation
3.37%
Original Mortgage
$453,100
Outstanding Balance
$389,568
Interest Rate
4.43%
Estimated Equity
$474,746

Purchase Details

Listed on
Mar 29, 2017
Closed on
Jun 16, 2017
Sold by
Janaradhan Ajit H and Pham Mimi
Bought by
Rosen Noah E and Rosen Stacey A
Seller's Agent
Kalli Kamholz
Hart To Hart Real Estate, Inc.
Buyer's Agent
Vickie Hart
Hart To Hart Real Estate, Inc.
List Price
$649,000
Sold Price
$625,000
Premium/Discount to List
-$24,000
-3.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.44%
Original Mortgage
$424,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Mar 23, 2016
Closed on
May 27, 2016
Sold by
Hegmann Edward H
Bought by
Janardhan Ajit H and Pham Mimi
Seller's Agent
Gerald Paxton
Coldwell Banker Paradise
Buyer's Agent
Kalli Kamholz
Hart To Hart Real Estate, Inc.
List Price
$519,000
Sold Price
$495,000
Premium/Discount to List
-$24,000
-4.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.14%
Original Mortgage
$495,000
Interest Rate
3.61%

Purchase Details

Listed on
Feb 13, 2015
Closed on
Apr 17, 2015
Sold by
Koenig Harold P and Koenig Barbara A
Bought by
Hegmann Edward H
Seller's Agent
Todd Ostrander
RE/MAX Olympic Realty
Buyer's Agent
Gerald Paxton
Coldwell Banker Paradise
List Price
$499,500
Sold Price
$483,000
Premium/Discount to List
-$16,500
-3.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.20%

Purchase Details

Closed on
Nov 10, 2003
Sold by
Helms Richard N and Helms Cynthia W
Bought by
Koenig Harold P and Koenig Barbara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,250
Interest Rate
2.87%

Purchase Details

Closed on
Feb 28, 2001
Sold by
Mathews Monzy C and Mathews Ressy
Bought by
Helms Richard N and Helms Cynthia W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,400
Interest Rate
7.09%

Purchase Details

Closed on
Apr 4, 1994
Sold by
Suntree Tr 51 Gen Ptnr
Bought by
Mathews Monzy C and Mathews Ressy
Source: Public Records

Range of Values:

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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
Myers Don Jackson $673,000 Brevard Title Llc
Rosen Noah E $625,000 North American Title Co
Janardhan Ajit H $495,000 Title Security And Escrow Of
Hegmann Edward H $483,000 Aurora Title
Koenig Harold P $475,000 Alday-Donalson Title Agencie
Helms Richard N $388,000 --
Mathews Monzy C $79,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Myers Don Jackson $453,100
Previous Owner Rosen Noah E $424,000
Previous Owner Janardhan Ajit H $495,000
Previous Owner Koenig Harold P $356,250
Previous Owner Helms Richard N $310,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/13/2018 04/13/18 Sold $673,000 -1.6% $208 / Sq Ft
03/15/2018 03/15/18 Pending -- -- --
03/07/2018 03/07/18 For Sale $684,210 +9.5% $212 / Sq Ft
06/16/2017 06/16/17 Sold $625,000 -3.7% $194 / Sq Ft View Prior Sale
04/06/2017 04/06/17 Pending -- -- --
03/29/2017 03/29/17 For Sale $649,000 +31.1% $201 / Sq Ft
06/01/2016 06/01/16 Sold $495,000 -4.6% $153 / Sq Ft View Prior Sale
04/05/2016 04/05/16 Pending -- -- --
03/23/2016 03/23/16 For Sale $519,000 +7.5% $161 / Sq Ft
04/17/2015 04/17/15 Sold $483,000 -3.3% $150 / Sq Ft View Prior Sale
03/20/2015 03/20/15 Pending -- -- --
02/13/2015 02/13/15 For Sale $499,500 -- $155 / 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 $7,313 $597,820 -- --
2024 $7,217 $580,980 -- --
2023 $7,217 $564,060 $0 $0
2022 $6,730 $547,640 $0 $0
2021 $7,072 $531,690 $0 $0
2020 $7,039 $524,350 $0 $0
2019 $7,027 $512,570 $0 $0
2018 $7,634 $504,180 $72,000 $432,180
2017 $6,080 $416,750 $72,000 $344,750
2016 $6,228 $408,840 $72,000 $336,840
2015 $4,931 $312,110 $72,000 $240,110
2014 $4,973 $309,640 $88,000 $221,640
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 807279

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 26-36-23-PP-00000.0-0069.00