NOT LISTED FOR SALE

Estimated Value: $498,000 - $683,000

2 Beds
3 Baths
1,465 Sq Ft
$350/mo HOA Fee

Last Sold October 09, 2020

Last sale price $427,000 $291 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $4,037/month

113 Days on Market

Highlights

  • Ocean Front
  • Open Floorplan
  • Balcony
  • Gemini Elementary School Rated A-
  • Jogging Path
  • Hurricane or Storm Shutters

About This Home

As of October 2020

FABULOUS OCEAN VIEWS FROM LOVELY 3RD FLOOR CONDO IN SMALL 8 UNIT COMPLEX. FEATURING UPDATED KITCHEN, IMPACT SLIDERS AND WINDOWS, EXTRA LARGE UPDATED 27' BALCONY, NEW REFRIGERATOR, LIGHT AND AIRY WITH BONUS GUEST ROOM/HOBBY ROOM/OFFICE WITH FULL BATH ON 1ST FLOOR BEHIND OVERSIZED PRIVATE GARAGE. RECENT $35,000 ASSESSMENT PAID FOR BUILDING UPGRADES. THIS UNIT WAS DESIGNED WITH ELEGANCE AND COMFORT.

Last Agent to Sell the Property

Barbara Van Dam

Melbourne Beach Properties,Inc License #188532 Listed on: 05/19/2020

Last Buyer's Agent

Bonnie Scalero

EXP Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,044

Year Built

  • Built in 1981

Lot Details

  • Ocean Front
  • West Facing Home
  • Front and Back Yard Sprinklers

HOA Fees

  • $350 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,465 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Living Room
  • Ocean Views

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • In-Law or Guest Suite
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Property has ocean access
  • Balcony

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 29-38-25-00-00519.F-0000.00

Community Details

Overview

  • On The Beach Condo Association
  • On The Beach Condo Subdivision

Recreation

  • Jogging Path

Pet Policy

  • Pet Size Limit
  • 1 Pet Allowed

Security

  • Resident Manager or Management On Site
  • Hurricane or Storm Shutters

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,044

Year Built

Built in 1981

Lot Details

0

HOA Fees

$350 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1981
  • Reso Property Sub Type: Condominium
  • ResoLotFeatures: Sprinklers In Front, Sprinklers In Rear
  • Reso View: Ocean, Water
  • Reso Association Amenities: Jogging Path, Management - Live In
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: On The Beach Condo
  • Carport Y N: No
  • Entry Level: 3
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 29-38-25-00-00519.F-0000.00
  • 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: 2044.1
  • Location Tax and Legal Tax Year2: 2019
  • General Property Information Living Area2: 1465.0
  • General Property Information Lot Size Acres: 0.08
  • General Property Information Lot Size Square Feet2: 3485.0
  • 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
  • Flooring Tile: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Roof:Shingle: Yes
  • Flooring Carpet: Yes
  • Water Source Well: Yes
  • Pets Allowed Total Number Of Pets: 1
  • Pets Allowed Size Limit: Yes
  • General Property Information Carport YN2: No
  • Pets Allowed Number Limit: Yes
  • Utilities Water Available: Yes
  • View Water3: Yes
  • Room Types Laundry: Yes
  • Room Types Living Room: Yes
  • General Property Information Stories Total: 3
  • Levels Three Or More: Yes
  • ViewOcean: Yes
  • Interior Features Guest Suite: Yes
  • Association Amenities Management - Live In: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Guest Suite, Open Floorplan, Pantry
  • Flooring: Carpet, Tile
  • Appliances: Dishwasher, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 2
  • Total Bedrooms: 5
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Pantry: Yes

Exterior Features

  • Exterior Features: Balcony, Storm Shutters
  • Pool Features: None
  • Roof: Shingle
  • Acres: 0.08
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: West
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Exterior Features:Storm Shutters: Yes
  • Exterior Features:Balcony: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Lot Features:Sprinklers In Rear: Yes
  • Waterfront Features:Ocean Access: Yes
  • Waterfront Features:Ocean Front: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage, Garage Door Opener
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage: 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
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 350.0
  • Association Fee Frequency: Monthly
  • Association Name: ON THE BEACH CONDO
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: ON THE BEACH CONDO
  • General Property Information:Association Fee: 350.0
  • General Property Information:Association Fee Frequency: Monthly
  • Association Amenities:Jogging Path: Yes

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Lot Size Sq Ft: 3485.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2956233
  • Parcel #: 29-38-25-00-00519.F-0000.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Partially

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 2044.1

MLS Schools

  • Elementary School: Gemini
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2020
Closed on
Oct 6, 2020
Sold by
Kane Glen J and Kane Marjorie A
Bought by
Franko Mark I and Franko Janice Marie
Seller's Agent
Barbara Van Dam
Melbourne Beach Properties,Inc
Buyer's Agent
Bonnie Scalero
EXP Realty, LLC
List Price
$439,000
Sold Price
$427,000
Premium/Discount to List
-$12,000
-2.73%
Current Estimated Value
$583,457

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,457
Avg. Annual Appreciation
6.62%
Original Mortgage
$320,250
Outstanding Balance
$285,488
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$297,969

Purchase Details

Closed on
Mar 10, 2017
Sold by
Kane Glen J and Kane Marjorie A
Bought by
Kane Glen J and Kane Marjorie A

Purchase Details

Closed on
Mar 1, 2017
Bought by
Kane Revocable Living Trust

Purchase Details

Closed on
Feb 2, 1998
Sold by
Kane Glen J and Kane Marjorie A
Bought by
Kane Glen J and Kane Marjorie A

Purchase Details

Closed on
Aug 27, 1996
Sold by
Calash George J and Calash Mervat G
Bought by
Kane Glen J and Kane Marjorie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
8.2%
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
Franko Mark I $427,000 Precise Title Company
Kane Glen J -- None Available
Kane Revocable Living Trust $100 --
Kane Glen J -- --
Kane Glen J $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Franko Mark I $320,250
Previous Owner Kane Glen J $64,000
Previous Owner Kane Glen J $117,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2020 10/09/20 Sold $427,000 -2.7% $291 / Sq Ft
09/09/2020 09/09/20 Pending -- -- --
05/19/2020 05/19/20 For Sale $439,000 -- $300 / 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 $6,090 $527,140 -- --
2023 $6,090 $502,050 $0 $502,050
2022 $5,431 $477,550 $0 $0
2021 $4,882 $347,190 $0 $347,190
2020 $2,084 $168,360 $0 $0
2019 $2,044 $164,580 $0 $0
2018 $2,047 $161,520 $0 $0
2017 $2,065 $158,200 $0 $0
2016 $2,098 $154,950 $0 $0
2015 $2,160 $153,880 $0 $0
2014 $2,173 $152,660 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 875890

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 29-38-25-00-00519.F-0000.00