$285,000
SOLD JAN 31, 2014
0.37 Acre
$770,270 Price per Acre
16,117 Sq Ft Lot

Recently Sold

13% Below List Price

330 Days on Market

Highlights

  • Ocean Front
  • Gemini Elementary School Rated A-
  • No HOA

About This Lot

As of April 2016

This is the LOWEST PRICED LOT with DIRECT OCEAN FRONTAGE in Melbourne Beach and Indialantic. Site is cleared and ready to build and sits high on a dune. Close to Aquarina Country Club,other amenities and Sebastian Inlet. Do not miss this opportunity. Construction costs are rising again and oceanfront property is limited. Prices will start going up again for oceanfront. Save thousands now. See attached survey.

Last Agent to Sell the Property

William Rogan

Sovereign Homes, Inc. Listed on: 02/21/2013

Last Buyer's Agent

Dave Settgast

One Sotheby's International License #3165226

One Sotheby's International

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,545

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 217 x 70
  • Ocean Front
  • Cleared Lot

Schools

  • Gemini Elementary School
  • Melbourne High School

Utilities

  • Well
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Sunnyland Groves Subd Subdivision

Listing and Financial Details

  • Assessor Parcel Number 293836010000000006A

Property Details

Property Type

Land

Est. Annual Taxes

$5,545

Lot Details

0

Listing Details

  • Property Type: Land
  • ResoLotFeatures: Cleared
  • Road Surface Type: Paved
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Sunnyland Groves Subd
  • Location Tax and Legal Parcel Number2: 293836010000000006A
  • Location Tax and Legal Elementary School: Gemini
  • Location Tax and Legal High School: Melbourne
  • Location Tax and Legal Tax Annual Amount: 5545.47
  • Location Tax and Legal Tax Year2: 2012
  • General Property Information Lot Size Acres: 0.37
  • General Property Information Waterfront YN: Yes
  • General Property Information Senior Community YN: No
  • Utilities Cable Available: Yes
  • Water Source Well: Yes
  • General Property Information Lot Size Dimensions: 217 x 70
  • General Property Information Number Of Lots2: 1.0
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 0.37
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Waterfront Features:Ocean Front: Yes
  • Lot Features:Cleared: Yes

Utilities

  • Utilities: Cable Available
  • Water Source: Well
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Number Of Lots: 1
  • Lot Dimensions: 217 x 70
  • Lot Size Sq Ft: 16117.2
  • ResoLotSizeUnits: Acres
  • Parcel #: 293836010000000006A
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 5545.47

MLS Schools

  • Elementary School: Gemini
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2015
Closed on
Apr 5, 2016
Sold by
Yanez David
Bought by
Sahin Mustafa Behnan
Seller's Agent
Dave Settgast
One Sotheby's International
Buyer's Agent
Dave Settgast
One Sotheby's International
List Price
$420,000
Sold Price
$389,000
Premium/Discount to List
-$31,000
-7.38%
Current Estimated Value
$1,763,557

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,374,557
Avg. Annual Appreciation
16.09%

Purchase Details

Listed on
Mar 3, 2015
Closed on
May 29, 2015
Sold by
Olson Michael Todd and Olson Dina Margaret
Bought by
Yanez David
Seller's Agent
Dave Settgast
One Sotheby's International
Buyer's Agent
Dave Settgast
One Sotheby's International
List Price
$420,000
Sold Price
$360,000
Premium/Discount to List
-$60,000
-14.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.66%
Original Mortgage
$270,000
Interest Rate
3.77%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $389,000 State Title Partners Llp
Warranty Deed $360,000 State Title Partners Llp
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $270,000 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2016 04/08/16 Sold $389,000 -7.4% --
02/29/2016 02/29/16 Pending -- -- --
09/25/2015 09/25/15 For Sale $420,000 +16.7% --
06/05/2015 06/05/15 Sold $360,000 -14.3% --
04/24/2015 04/24/15 Pending -- -- --
03/03/2015 03/03/15 For Sale $420,000 +47.4% --
01/31/2014 01/31/14 Sold $285,000 -13.4% --
01/15/2014 01/15/14 Pending -- -- --
02/19/2013 02/19/13 For Sale $329,000 -- --
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 $17,906 $1,511,430 -- --
2024 $16,640 $1,468,840 -- --
2023 $16,640 $1,480,190 $0 $0
2022 $5,457 $526,400 $0 $0
2021 $4,318 $336,000 $336,000 $0
2020 $4,436 $336,000 $336,000 $0
2019 $4,582 $336,000 $336,000 $0
2018 $4,717 $336,000 $336,000 $0
2017 $4,930 $84,000 $0 $0
2016 $4,527 $294,000 $294,000 $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: 661195

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 29-38-36-01-00000.0-0000.6A