NOT LISTED FOR SALE

763 Musgrass Cir West Melbourne, FL 32904

Estimated Value: $495,285 - $528,000

4 Beds
2.5 Baths
2,720 Sq Ft
$188/Sq Ft Est. Value

Last Sold December 07, 2017

Last sale price $316,088 $116 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $3,203/month

15 Days on Market

Highlights

  • Lake Front
  • Fitness Center
  • Home fronts a pond
  • Melbourne Senior High School Rated A-
  • Newly Remodeled
  • Clubhouse

About This Home

As of December 2017

**NEW HOME CONSTRUCTION**
Resort Style living in Gated Clubhouse Pool Community.2 Story 2,720SF Living.Ready Approx. SEPT/OCT 2017. Tile throughout except bdrms/Granite throughout counters including kitchen island/ Raised Panel 36” cabinets with crown molding/ Stainless Steel Range/microwave/ dishwasher/ covered porch /Glass front entry door/ Incentives available.Closing cost assistance also available when using preferred lender.*Photos are of decorated Summit model,NOT photos of the home for sale.**Sales model open daily!

Last Agent to Sell the Property

J. Richelle Smart

D.R.Horton Realty of Melbourne License #3378485 Listed on: 08/15/2017

Last Buyer's Agent

J. Richelle Smart

D.R.Horton Realty of Melbourne License #3378485 Listed on: 08/15/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,282

Year Built

  • Built in 2017 | Newly Remodeled

Lot Details

  • 8,712 Sq Ft Lot
  • Home fronts a pond
  • Lake Front
  • West Facing Home
  • Front and Back Yard Sprinklers

HOA Fees

  • $91 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Lake
  • Pond

Home Design

  • Frame Construction
  • Shingle Roof
  • Wood Siding
  • Concrete Siding
  • Block Exterior
  • Asphalt
  • Stucco

Interior Spaces

  • 2,720 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Room
  • Loft
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Bathtub and Shower Combination in Primary Bathroom

Home Security

  • Security Gate
  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Outdoor Features

  • Porch

Schools

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

Utilities

  • Central Air
  • Heating Available
  • Well
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 28-36-14-76-00000.0-0264.00

Community Details

Overview

  • Sawgrass Lakes Subdivision
  • Maintained Community

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool
  • Park
  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,282

Year Built

Built in 2017 | Newly Remodeled

Lot Details

0

HOA Fees

$91 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2017
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Sprinklers In Front, Sprinklers In Rear
  • Road Surface Type: Asphalt
  • Reso View: Lake, Pond, Water
  • ResoSecurityFeatures: Security Gate, Smoke Detector(s)
  • Reso Association Amenities: Clubhouse, Fitness Center, Jogging Path, Maintenance Grounds, Management - Full Time, Park, Playground, Tennis Court(s), Other
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Sawgrass Lakes
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: Yes
  • Location Tax and Legal Parcel Number2: 28-36-14-76-00000.0-0264.00
  • 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 Year2: 2016
  • General Property Information Living Area2: 2720.0
  • General Property Information Lot Size Acres: 0.2
  • General Property Information Lot Size Square Feet2: 8712.0
  • General Property Information New Construction YN: Yes
  • General Property Information Waterfront YN: Yes
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: West
  • Appliances Microwave: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Road Surface Type Asphalt: Yes
  • Roof:Shingle: Yes
  • Security Features Security Gate: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • ViewPond: Yes
  • Flooring Carpet: Yes
  • Levels Two: Yes
  • Water Source Well: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • Pets Allowed Call: Yes
  • View Water3: Yes
  • Room Types Dining Room: Yes
  • Interior Features Breakfast Nook: Yes
  • Room Types Laundry: Yes
  • Room Types Living Room: Yes
  • Room Types Loft: Yes
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Bar, Breakfast Nook, Pantry, Primary Bathroom - Tub with Shower, Split Bedrooms, Walk-In Closet(s)
  • Flooring: Carpet, Tile
  • Appliances: Dishwasher, Disposal, Electric Range, Electric Water Heater, Microwave
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • ResoLivingAreaSource: Other
  • General Property Information Bathrooms Half: 1
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Pool Features:Community: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Walk-In Closet(s): Yes

Exterior Features

  • Exterior Features: Storm Shutters
  • Pool Features: Community, Other
  • Roof: Shingle
  • Acres: 0.2
  • Waterfront Features: Lake Front, Pond
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Frame, Stucco, Wood Siding
  • Direction Faces: West
  • Patio And Porch Features: Porch
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio and Porch Features:Porch: Yes
  • Exterior Features:Storm Shutters: Yes
  • View:Lake: Yes
  • Construction Materials:Frame: Yes
  • Construction Materials:Wood Siding: Yes
  • Waterfront Features:Lake Front: Yes
  • Waterfront Features:Pond2: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Lot Features:Sprinklers In Rear: 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
  • Utilities: Cable Available, Water Available
  • Heating: Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 274.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 274.0
  • General Property Information:Association Fee Frequency: Quarterly
  • Association Amenities:Clubhouse: Yes
  • Association Amenities:Fitness Center: Yes
  • Association Amenities:Jogging Path: Yes
  • Association Amenities:Tennis Court(s)2: Yes
  • Association Amenities:Park: Yes
  • Association Amenities:Playground: Yes

Schools

  • Middle Or Junior School: Central

Lot Info

  • Lot Size Sq Ft: 8712.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 28-36-14-76-00000.0-0264.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2016

MLS Schools

  • Elementary School: Meadowlane
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2017
Closed on
Dec 7, 2017
Sold by
D R Horton Inc
Bought by
Sharma Satayam H and Patel Lopa Horishbhai
Seller's Agent
J. Richelle Smart
D.R.Horton Realty of Melbourne
Buyer's Agent
J. Richelle Smart
D.R.Horton Realty of Melbourne
List Price
$338,010
Sold Price
$316,088
Premium/Discount to List
-$21,922
-6.49%
Current Estimated Value
$510,321

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,233
Avg. Annual Appreciation
6.26%
Original Mortgage
$252,632
Outstanding Balance
$212,694
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$297,627
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
Sharma Satayam H $315,800 Dhi Title Of Florida Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sharma Satayam H $252,632
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/07/2017 12/07/17 Sold $316,088 -6.8% $116 / Sq Ft
08/31/2017 08/31/17 Pending -- -- --
08/25/2017 08/25/17 Price Changed $339,315 +0.4% $125 / Sq Ft
08/15/2017 08/15/17 For Sale $338,010 -- $124 / 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 $5,282 $395,710 -- --
2024 $5,498 $404,010 -- --
2023 $5,498 $419,860 $0 $0
2022 $4,650 $348,290 $0 $0
2021 $4,405 $275,490 $60,000 $215,490
2020 $4,212 $261,520 $55,000 $206,520
2019 $4,318 $260,420 $55,000 $205,420
2018 $4,425 $260,820 $50,000 $210,820
2017 $709 $45,000 $45,000 $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: 791700

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-36-14-76-00000.0-0264.00