718 Falls Creek Dr Melbourne, FL 32904
4
Beds
2
Baths
2,317
Sq Ft
0.25
Acres
Highlights
- Lake Front
- Solar Heated In Ground Pool
- Vaulted Ceiling
- Melbourne Senior High School Rated A-
- Gated Community
- Wood Flooring
About This Home
As of November 2024Contingent contract - pls continue to show. Gorgeous lakefront pool home in the gated Falls at Sheridan. The spacious screened porch overlooks a private pool, spa, and serene lake. The backyard features numerous trees, including three Italian figs. Newer solar panels and a gas heater keep the pool and spa ready for your enjoyment. The oversized garage includes a screened overhead door, mini-split system for heating and AC, a pedestrian door, and shop lighting. Wood and tile flooring in all living areas. The primary suite has direct pool access, two walk-in closets, and a bathroom with dual sinks, a tub, and a separate shower. The home boasts leaded glass front doors and had the roof and pool screening replaced in 2023. The upstairs area is a versatile large room, perfect as an office, gym, or a 4th bedroom. 2nd bath has door to pool. Conveniently located near beaches, shopping, schools, dining, I-95, and Patrick Space Force Base. Come take a look!
Last Agent to Sell the Property
RE/MAX Aerospace Realty License #486082 Listed on: 04/19/2024
Last Buyer's Agent
Cinthia Gonsales
Redfin Corp. License #3306740
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,264
Year Built
- Built in 1997
Lot Details
- 0.25 Acre Lot
- Lake Front
- West Facing Home
- Front and Back Yard Sprinklers
- Many Trees
HOA Fees
- $46 Monthly HOA Fees
Parking
- 2 Car Garage
- Garage Door Opener
Property Views
- Lake
- Pond
- Pool
Home Design
- Frame Construction
- Shingle Roof
- Block Exterior
Interior Spaces
- 2,317 Sq Ft Home
- 2-Story Property
- Vaulted Ceiling
- Ceiling Fan
- Screened Porch
- Fire and Smoke Detector
Kitchen
- Breakfast Area or Nook
- Breakfast Bar
- Electric Oven
- Electric Cooktop
- Microwave
- Dishwasher
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom on Main
- Split Bedroom Floorplan
- Walk-In Closet
- 2 Full Bathrooms
Laundry
- Laundry on lower level
- Dryer
- Washer
Pool
- Solar Heated In Ground Pool
- Screen Enclosure
Schools
- Roy Allen Elementary School
- Central Middle School
- Melbourne High School
Utilities
- Ductless Heating Or Cooling System
- Central Heating and Cooling System
- Gas Water Heater
- Cable TV Available
Listing and Financial Details
- Homestead Exemption
- Assessor Parcel Number 27-36-35-01-0000b.0-0007.00
Community Details
Overview
- The Falls At Sheridan Association
- The Falls At Sheridan Phase 1 Subdivision
Recreation
- Community Playground
- Park
Security
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 19, 2024
Closed on
Oct 30, 2024
Sold by
Panzarino Joseph N and Panzarino Judith O
Bought by
Hutchinson Michael Adolphie and Hutchinson Pauline Andrea
Seller's Agent
Denise Contella
RE/MAX Aerospace Realty
Buyer's Agent
Cinthia Gonsales
Redfin Corp.
List Price
$549,000
Sold Price
$485,000
Premium/Discount to List
-$64,000
-11.66%
Total Days on Market
168
Views
191
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,260
Avg. Annual Appreciation
1.55%
Original Mortgage
$388,000
Outstanding Balance
$386,082
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$103,178
Purchase Details
Closed on
Apr 8, 1997
Sold by
Berger Robert K and Berger Kathleen A
Bought by
Panzarino Joseph N and Panzarino Judith O
Purchase Details
Closed on
May 14, 1996
Sold by
Stitzel Dev Corp
Bought by
Berger Robert K and Berger Kathleen A
Similar Homes in Melbourne, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $485,000 | State Title Partners | |
| Warranty Deed | $151,400 | -- | |
| Warranty Deed | $31,800 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $388,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/05/2024 11/05/24 | Sold | $485,000 | -2.8% | $209 / Sq Ft |
| 10/05/2024 10/05/24 | Pending | -- | -- | -- |
| 09/29/2024 09/29/24 | Price Changed | $499,000 | -2.2% | $215 / Sq Ft |
| 09/17/2024 09/17/24 | Price Changed | $510,000 | -1.9% | $220 / Sq Ft |
| 08/11/2024 08/11/24 | Price Changed | $520,000 | -2.6% | $224 / Sq Ft |
| 07/11/2024 07/11/24 | Price Changed | $534,000 | -2.7% | $230 / Sq Ft |
| 04/19/2024 04/19/24 | For Sale | $549,000 | -- | $237 / Sq Ft |
Source: Space Coast MLS (Space Coast Association of REALTORS®)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2023 | $2,264 | $173,810 | $0 | $0 |
| 2022 | $2,108 | $168,750 | $0 | $0 |
| 2021 | $2,191 | $163,840 | $0 | $0 |
| 2020 | $2,120 | $161,580 | $0 | $0 |
| 2019 | $2,119 | $157,950 | $0 | $0 |
| 2018 | $2,118 | $155,010 | $0 | $0 |
| 2017 | $2,099 | $151,830 | $0 | $0 |
| 2016 | $2,123 | $148,710 | $49,500 | $99,210 |
| 2015 | $2,178 | $147,680 | $44,000 | $103,680 |
| 2014 | $2,178 | $146,510 | $44,000 | $102,510 |
Source: Public Records
Agents Affiliated with this Home
-
Denise Contella
Seller's Agent in 2024
Denise Contella
RE/MAX
(800) 330-4241
82 Total Sales
-
Buyer's Agent in 2024
Cinthia Gonsales
Redfin Corp.
(407) 534-0971
Map
Source: Space Coast MLS (Space Coast Association of REALTORS®)
MLS Number: 1010408
APN: 27-36-35-01-0000B.0-0007.00
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