NOT LISTED FOR SALE

725 Sedgewood Cir Melbourne, FL 32904

Estimated Value: $378,000 - $382,000

3 Beds
2 Baths
1,912 Sq Ft
$198/Sq Ft Est. Value

Last Sold March 25, 2020

Last sale price $252,500 $132 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $2,356/month

3 Days on Market

Highlights

  • Lake Front
  • Home fronts a pond
  • Community Pool
  • Melbourne Senior High School Rated A-
  • Clubhouse
  • 2 Car Attached Garage

About This Home

As of March 2020

This 3 bedroom 2 bath home located in the West Melbourne community of Stratford Pointe has a beautiful lakefront view. BRAND NEW carpet in the bedrooms and tile throughout the rest of the home. Freshly painted exterior and fruit trees in the yard. The spacious master includes double sinks, separate tub and shower, and a walk in closet.

Last Agent to Sell the Property

Angel Tatum

Keller Williams Realty Brevard Listed on: 02/03/2020

Keller Williams Realty Brevard

Last Buyer's Agent

Jason Koontz

Real Broker LLC License #3353425

Real Broker LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,263

Year Built

  • Built in 2003

Lot Details

  • 6,098 Sq Ft Lot
  • Home fronts a pond
  • Lake Front
  • South Facing Home
  • Few Trees

HOA Fees

  • $27 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Lake
  • Pond

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,912 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Electric Range

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Schools

  • Meadowlane Elementary School
  • Central Middle School
  • Melbourne High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 28-37-18-03-00000.0-0097.00

Community Details

Overview

  • Stratford Pointe Phase Three Association
  • Stratford Pointe Phase 3 Subdivision
  • Maintained Community

Amenities

  • Clubhouse

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,263

Year Built

Built in 2003

Lot Details

0

HOA Fees

$27 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2003
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Few Trees
  • Reso View: Lake, Pond, Water
  • Reso Association Amenities: Clubhouse, Maintenance Grounds, Management - Full Time
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Stratford Pointe Phase 3
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 28-37-18-03-00000.0-0097.00
  • Location Tax and Legal Elementary School: Meadowlane
  • Location Tax and Legal Middle School2: Central
  • Location Tax and Legal High School: Melbourne
  • Location Tax and Legal Tax Annual Amount: 3263.46
  • Location Tax and Legal Tax Year2: 2018
  • General Property Information Living Area2: 1912.0
  • General Property Information Building Area Total3: 2312.0
  • General Property Information Lot Size Acres: 0.14
  • General Property Information Lot Size Square Feet2: 6098.0
  • 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: South
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Levels One: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • ViewPond: Yes
  • Flooring Carpet: Yes
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • View Water3: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Ceiling Fan(s), Primary Bathroom - Tub with Shower, Primary Bathroom -Tub with Separate Shower, Split Bedrooms, Walk-In Closet(s)
  • Flooring: Carpet, Tile
  • Appliances: Electric Range, Electric Water Heater, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • ResoLivingAreaSource: PublicRecords
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Pool Features:Community: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Walk-In Closet(s): Yes

Exterior Features

  • Pool Features: Community
  • Roof: Shingle
  • Acres: 0.14
  • Waterfront Features: Lake Front, Pond
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: South
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: 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: 2.0
  • Parking Features: Attached
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Attached: Yes

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Water Available
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 320.0
  • Association Fee Frequency: Annually
  • Association Name: STRATFORD POINTE PHASE THREE
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: STRATFORD POINTE PHASE THREE
  • General Property Information:Association Fee: 320.0
  • General Property Information:Association Fee Frequency: Annually
  • Association Amenities:Clubhouse: Yes

Schools

  • Middle Or Junior School: Central

Lot Info

  • Lot Size Sq Ft: 6098.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 28-37-18-03-00000.0-0097.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 3263.46

MLS Schools

  • Elementary School: Meadowlane
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2020
Closed on
Mar 26, 2020
Sold by
Modugno Vincenza
Bought by
Koontz Linda W
Seller's Agent
Angel Tatum
Keller Williams Realty Brevard
Buyer's Agent
Jason Koontz
Real Broker LLC
List Price
$254,000
Sold Price
$252,500
Premium/Discount to List
-$1,500
-0.59%
Current Estimated Value
$379,496

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,996
Avg. Annual Appreciation
7.56%
Original Mortgage
$202,000
Outstanding Balance
$178,948
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$200,549

Purchase Details

Listed on
Feb 3, 2020
Closed on
Mar 25, 2020
Sold by
Modugno Vincenza
Bought by
Koontz Linda W
Seller's Agent
Angel Tatum
Keller Williams Realty Brevard
Buyer's Agent
Jason Koontz
Real Broker LLC
List Price
$254,000
Sold Price
$252,500
Premium/Discount to List
-$1,500
-0.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,000
Outstanding Balance
$178,948
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$200,549

Purchase Details

Closed on
Jan 28, 2005
Sold by
Modugno Frank and Modugno Michele
Bought by
Modugno Frank

Purchase Details

Closed on
Mar 31, 2003
Sold by
Mercedes Homes Inc
Bought by
Modugno Frank S and Modugno Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
5.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 1, 2002
Sold by
Stratford Pointe Dev Co
Bought by
Mercedes Homes Inc
Source: Public Records

Range of Values:

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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
Koontz Linda W -- First American Title
Koontz Linda W -- First American Title
Modugno Frank -- --
Modugno Frank S $142,100 --
Mercedes Homes Inc $28,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Koontz Linda W $202,000
Closed Koontz Linda W $202,000
Previous Owner Modugno Frank S $92,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/25/2020 03/25/20 Sold $252,500 +1.0% $132 / Sq Ft
02/23/2020 02/23/20 Pending -- -- --
02/20/2020 02/20/20 Price Changed $250,000 -1.6% $131 / Sq Ft
02/19/2020 02/19/20 For Sale $254,000 +0.6% $133 / Sq Ft
02/02/2020 02/02/20 Off Market $252,500 -- --
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 $4,108 $313,020 -- --
2024 $4,131 $323,730 -- --
2023 $4,131 $319,870 $88,000 $231,870
2022 $3,783 $291,850 $0 $0
2021 $3,528 $222,590 $60,500 $162,090
2020 $3,283 $204,430 $55,000 $149,430
2019 $3,263 $196,660 $49,500 $147,160
2018 $1,403 $109,620 $0 $0
2017 $1,374 $107,370 $0 $0
2016 $1,384 $105,170 $27,500 $77,670
2015 $1,416 $104,440 $27,500 $76,940
2014 $1,414 $103,620 $22,000 $81,620
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2020

    Angel Tatum

    Keller Williams Realty Brevard

    Section Image
  • Jason Koontz

    Buyer's Agent in 2020

    Jason Koontz

    Real Broker LLC

    (321) 312-8303

    1 in this area

    25 Total Sales

    Jason Koontz
    Section Image
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Map

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

MLS Number: 865298

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-37-18-03-00000.0-0097.00

Florida Brevard County Melbourne 32904

725 Sedgewood Cir, Melbourne, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Space Coast MLS (Space Coast Association of REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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