$360,000
SOLD JUN 5, 2015
-- Bed
-- Bath
-- Sq Ft
0.4 Acres

Recently Sold

14% Below List Price

51 Days on Market

Highlights

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

About This Home

As of April 2016

Best priced Oceanfront lot along pristine Melbourne Beach. Build your custom beach house here ! Only about 4 miles to Sebastian Inlet with excellent surfing and fishing all around. Close to Aquarina Golf and Tennis Club. Lot is cleared and ready to go ! Recent survey available that shows building footprint for future home..

Last Agent to Sell the Property

Dave Settgast

One Sotheby's International License #3165226 Listed on: 03/03/2015

One Sotheby's International

Last Buyer's Agent

Dave Settgast

One Sotheby's International License #3165226 Listed on: 03/03/2015

One Sotheby's International

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,141

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 245 x 75
  • Ocean Front
  • Cleared Lot

Schools

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

Utilities

  • Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • Sunnyland Groves Subd Subdivision

Listing and Financial Details

  • Assessor Parcel Number 29-38-36-01-00000.0-0006.A0

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,141

Lot Details

0

Listing Details

  • Property Type: Land
  • Reso Property Sub Type: Unimproved Land
  • ResoLotFeatures: Cleared
  • Road Surface Type: Paved
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Sunnyland Groves Subd
  • Location Tax and Legal Parcel Number2: 29-38-36-01-00000.0-0006.A0
  • 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: 4141.36
  • Location Tax and Legal Tax Year2: 2014
  • General Property Information Lot Size Acres: 0.4
  • General Property Information Waterfront YN: Yes
  • General Property Information Senior Community YN: No
  • Water Source Well: Yes
  • General Property Information Lot Size Dimensions: 245 x 75
  • General Property Information Number Of Lots2: 1.0
  • Special Features: None
  • Property Sub Type: Detached

Exterior Features

  • Acres: 0.4
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Waterfront Features:Ocean Front: Yes
  • Lot Features:Cleared: Yes

Utilities

  • Water Source: Well
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Number Of Lots: 1
  • Current Use: Residential, Single Family
  • Lot Dimensions: 245 x 75
  • Lot Size Sq Ft: 17424.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 29-38-36-01-00000.0-0006.A0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 4141.36

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: 719220

Space Coast MLS (Space Coast Association of REALTORS®)

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