NOT LISTED FOR SALE

798 Malibu Ln Indialantic, FL 32903

Estimated Value: $1,038,000 - $1,313,000

4 Beds
2.5 Baths
2,365 Sq Ft
$485/Sq Ft Est. Value

Last Sold September 16, 2016

Last sale price $613,500 $259 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $6,310/month

Highlights

  • Boat Dock
  • Home fronts navigable water
  • Canal View
  • Indialantic Elementary School Rated A-
  • In Ground Pool
  • Deck

About This Home

As of September 2016

Fantastic 2365 SF 4/2.5/2 Concrete Block Malibu Lane Home, Concrete Tile Roof (2001), All New Impact Windows and Sliders, Recently Updated Bathrooms, New Air Handler(2016), New Dock Decking...and more. Transferable Termite Bond. Direct Deep Water Canal with immediate Indian River Access, and yes there are some updates you might want to make. What an opportunity to own on Malibu Lane.

Last Agent to Sell the Property

Thomas Eason

RE/MAX Aerospace Realty License #3220754 Listed on: 08/13/2016

Last Buyer's Agent

Joel Ludlow

Denovo Realty License #3248473

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,463

Year Built

  • Built in 1972

Lot Details

  • 0.37 Acre Lot
  • Home fronts navigable water
  • Home fronts a canal
  • West Facing Home
  • Front and Back Yard Sprinklers

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Property Views

  • Canal
  • Pool

Home Design

  • Tile Roof
  • Concrete Roof
  • Concrete Siding
  • Block Exterior
  • Asphalt
  • Stucco

Interior Spaces

  • 2,365 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Sink Near Laundry

Pool

  • In Ground Pool
  • Outdoor Shower
  • Screen Enclosure

Outdoor Features

  • Deck

Schools

  • Indialantic Elementary School
  • Hoover Middle School
  • Melbourne High School

Utilities

  • Central Heating and Cooling System
  • Well
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 27-37-24-JA-00000.0-0020.00

Community Details

Overview

  • No Home Owners Association
  • Rio Lindo 2Nd Sec Subdivision

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,463

Year Built

Built in 1972

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1972
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Sink
  • ResoLotFeatures: Sprinklers In Front, Sprinklers In Rear
  • Road Surface Type: Asphalt
  • Reso View: Canal, Pool, Water
  • ResoSecurityFeatures: Smoke Detector(s)
  • Reso Association Amenities: Boat Dock
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Rio Lindo 2nd Sec
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 27-37-24-JA-00000.0-0020.00
  • Location Tax and Legal Elementary School: Indialantic
  • Location Tax and Legal Middle School2: Hoover
  • Location Tax and Legal High School: Melbourne
  • Location Tax and Legal Tax Annual Amount: 4462.83
  • Location Tax and Legal Tax Year2: 2015
  • General Property Information Living Area2: 2365.0
  • General Property Information Building Area Total3: 2917.0
  • General Property Information Lot Size Acres: 0.37
  • General Property Information Lot Size Square Feet2: 16117.0
  • 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: West
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Flooring Laminate: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Levels One: Yes
  • Pool Features In Ground: Yes
  • Pool Features Private: Yes
  • Road Surface Type Asphalt: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • View Pool: Yes
  • Laundry Features Sink: Yes
  • Water Source Well: Yes
  • Roof:Tile2: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • View Water3: Yes
  • Room Types Dining Room: Yes
  • Pool Features Screen Enclosure: Yes
  • Room Types Family Room: Yes
  • Room Types Laundry: Yes
  • Room Types Living Room: Yes
  • Roof Concrete2: Yes
  • General Property Information Lot Size Dimensions: 120.0 ft x 135.0 ft
  • ViewCanal: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Ceiling Fan(s), Pantry, Primary Bathroom - Tub with Shower, Primary Downstairs, Split Bedrooms, Walk-In Closet(s)
  • Flooring: Laminate, Tile
  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning, Other
  • ResoLivingAreaSource: Other
  • General Property Information Bathrooms Half: 1
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Interior Features:Primary Downstairs: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Fireplace Features:Wood Burning: Yes

Exterior Features

  • Exterior Features: Outdoor Shower
  • Pool Features: In Ground, Private, Screen Enclosure
  • Roof: Concrete, Tile
  • Acres: 0.37
  • Waterfront Features: Canal Front, Navigable Water
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: West
  • Patio And Porch Features: Deck
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio And Porch Features:Deck: Yes
  • Exterior Features:Outdoor Shower: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Lot Features:Sprinklers In Rear: Yes
  • Waterfront Features:Canal Front: Yes
  • Waterfront Features:Navigable Water: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage Door Opener
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Cable Available, Electricity Connected, Water Available
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No
  • Association Amenities:Boat Dock: Yes

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Lot Dimensions: 120.0 ft x 135.0 ft
  • Lot Size Sq Ft: 16117.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2725520
  • Parcel #: 27-37-24-JA-00000.0-0020.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 4462.83

MLS Schools

  • Elementary School: Indialantic
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2016
Closed on
Sep 16, 2016
Sold by
Adler Robert
Bought by
Franco Adam John and Franco Lisa Nicole
Seller's Agent
Thomas Eason
RE/MAX Aerospace Realty
Buyer's Agent
Joel Ludlow
Denovo Realty
List Price
$584,000
Sold Price
$613,500
Premium/Discount to List
$29,500
5.05%
Current Estimated Value
$1,146,705

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$533,205
Avg. Annual Appreciation
7.26%
Original Mortgage
$549,082
Interest Rate
3.43%

Purchase Details

Closed on
Jun 1, 2016
Bought by
Franco Adam
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
Franco Adam John $613,500 Precise Title Inc
Franco Adam -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Franco Adam John $765,000
Closed Franco Adam John $60,000
Closed Franco Adam John $549,082
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2016 09/16/16 Sold $613,500 +5.1% $259 / Sq Ft
08/13/2016 08/13/16 Pending -- -- --
08/13/2016 08/13/16 For Sale $584,000 -- $247 / 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
2024 $746 $611,390 -- --
2023 $746 $593,590 $0 $0
2022 $724 $576,310 $0 $0
2021 $702 $559,530 $0 $0
2020 $610 $551,810 $0 $0
2019 $550 $539,410 $0 $0
2018 $541 $529,360 $0 $0
2017 $522 $518,480 $260,000 $258,480
2016 $4,329 $284,500 $235,000 $49,500
2015 $4,463 $282,530 $235,000 $47,530
2014 $4,573 $278,910 $220,000 $58,910
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 761983

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-37-24-JA-00000.0-0020.00