NOT LISTED FOR SALE

803 S Shannon Ave Indialantic, FL 32903

Estimated Value: $723,491 - $814,000

3 Beds
2.5 Baths
2,000 Sq Ft
$381/Sq Ft Est. Value

Last Sold November 01, 2017

Last sale price $420,000 $210 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $4,603/month

14 Days on Market

Highlights

  • In Ground Pool
  • Deck
  • Great Room
  • Indialantic Elementary School Rated A-
  • Wood Flooring
  • No HOA

About This Home

As of November 2017

Absolutely charming home built in 1929 on a large corner lot in the heart of Indialantic, south of 5th Ave. Wonderful landscaping, mature oaks and fruit trees. At 2,000 living sq feet,the rooms are all bright and spacious with many beautiful original features throughout as well as tasteful updates. This home has heart of pine wood and beech wood floors throughout, a large wood burning fireplace, large bedrooms, 3 outside courtyards, gardens, a 15x30ft pool and outdoor shower, and 2 car garage. Electrical and plumbing new in 2013. This home once served as the Tea House for the Hotel Indialantic (later known as The Tradewinds) This is a rare opportunity to own a special home in an ideal location. Only 1 block to the beach and walking distance to many shops and restaurants

Last Agent to Sell the Property

Heather Boesch

Dale Sorensen Real Estate Inc. Listed on: 09/07/2017

Last Buyer's Agent

Karin Mann

RE/MAX Interactive

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,164

Year Built

  • Built in 1929

Lot Details

  • 0.34 Acre Lot
  • North Facing Home
  • Wood Fence
  • Front and Back Yard Sprinklers
  • Few Trees

Parking

  • 2 Car Attached Garage

Home Design

  • Frame Construction
  • Tile Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 2,000 Sq Ft Home
  • 1-Story Property
  • Partially Furnished
  • Ceiling Fan
  • Wood Burning Fireplace
  • Great Room
  • Family Room
  • Dining Room
  • Hurricane or Storm Shutters
  • Laundry Room

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • In-Law or Guest Suite
  • Separate Shower in Primary Bathroom

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Courtyard
  • Deck
  • Patio
  • Separate Outdoor Workshop

Additional Homes

  • Accessory Dwelling Unit (ADU)

Schools

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

Utilities

  • Central Heating and Cooling System
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Indialantic By The Sea Subdivision

Listing and Financial Details

  • Assessor Parcel Number 27-38-31-Eo-00034.0-0001.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,164

Year Built

Built in 1929

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1929
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Few Trees, Sprinklers In Front, Sprinklers In Rear
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Indialantic By The Sea
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Reso Other Structures: Workshop
  • Location Tax and Legal Parcel Number2: 27-38-31-Eo-00034.0-0001.00
  • 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: 4163.56
  • Location Tax and Legal Tax Year2: 2016
  • General Property Information Living Area2: 2000.0
  • General Property Information Building Area Total3: 2494.0
  • General Property Information Lot Size Acres: 0.34
  • General Property Information Lot Size Square Feet2: 14810.0
  • General Property Information New Construction YN: No
  • General Property Information Waterfront YN: No
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: North
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Fencing Fenced2: Yes
  • Fencing Wood2: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Flooring Wood: Yes
  • Levels One: Yes
  • Pool Features In Ground: Yes
  • Pool Features Private: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Electricity Connected: Yes
  • Water Source Well: Yes
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • Roof:Tile2: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • Room Types Dining Room: Yes
  • Room Types Great Room: Yes
  • Other Structures Workshop: Yes
  • Room Types Family Room: Yes
  • Room Types Laundry: Yes
  • Interior Features Guest Suite: Yes
  • Accessory Dwelling Information Dwelling Type: Apartment
  • Accessory Dwelling Information ADU Attached YN: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Ceiling Fan(s), Guest Suite, Primary Bathroom - Tub with Shower, Primary Bathroom -Tub with Separate Shower, Split Bedrooms, Walk-In Closet(s)
  • Flooring: Tile, Wood
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning, Other
  • ResoLivingAreaSource: Other
  • General Property Information Bathrooms Half: 1
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Fireplace Features:Wood Burning: Yes

Exterior Features

  • Exterior Features: Courtyard, Outdoor Shower, Storm Shutters
  • Pool Features: In Ground, Private
  • Roof: Tile
  • Fencing: Fenced, Wood
  • Acres: 0.34
  • Waterfront: No
  • Construction Type: Frame, Stucco, Wood Siding
  • Direction Faces: North
  • Patio And Porch Features: Deck, Patio
  • Construction Materials:Stucco: Yes
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Patio: Yes
  • Exterior Features:Storm Shutters: Yes
  • Construction Materials:Frame: Yes
  • Construction Materials:Wood Siding: Yes
  • Exterior Features:Outdoor Shower: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Lot Features:Sprinklers In Rear: Yes
  • Lot Features:Few Trees: Yes
  • Exterior Features:Courtyard: 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: 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

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Lot Size Sq Ft: 14810.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 27-38-31-Eo-00034.0-0001.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Partially

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 4163.56

MLS Schools

  • Elementary School: Indialantic
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 20, 2023
Sold by
Pessa Mark E and Pessa Jennifer L
Bought by
Mark And Jennifer L Pessa Revocable Trust
Current Estimated Value
$783,621

Purchase Details

Listed on
Sep 7, 2017
Closed on
Nov 1, 2017
Sold by
Pomicter Charlene V
Bought by
Pessa Mark E and Pessa Jennifer L
Seller's Agent
Heather Boesch
Dale Sorensen Real Estate Inc.
Buyer's Agent
Karin Mann
RE/MAX Interactive
List Price
$439,000
Sold Price
$420,000
Premium/Discount to List
-$19,000
-4.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.55%
Original Mortgage
$336,000
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Oct 24, 2012
Closed on
Dec 28, 2012
Sold by
Apetz Diana M and Diana M Apetz Trust
Bought by
Pomicter Charlene V
Seller's Agent
Diane Wilson
Coldwell Banker Paradise
List Price
$275,000
Sold Price
$245,000
Premium/Discount to List
-$30,000
-10.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.75%

Purchase Details

Closed on
Nov 15, 2010
Sold by
Apetz Diana M
Bought by
Apetz Diana M and The Diana M Apetz Trust

Purchase Details

Closed on
Aug 15, 1994
Sold by
Alexander June
Bought by
Apetz John H and Apetz Diana M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,500
Interest Rate
8.53%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mark And Jennifer L Pessa Revocable Trust $100 --
Pessa Mark E $420,000 Supreme Title Solutions Llc
Pomicter Charlene V $245,000 Supreme Title Closings Llc
Apetz Diana M -- Attorney
Apetz John H $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pessa Mark E $336,000
Previous Owner Apetz John H $94,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/01/2017 11/01/17 Sold $420,000 -4.3% $210 / Sq Ft
09/21/2017 09/21/17 Pending -- -- --
09/06/2017 09/06/17 For Sale $439,000 +79.2% $220 / Sq Ft
12/28/2012 12/28/12 Sold $245,000 -10.9% $123 / Sq Ft View Prior Sale
11/28/2012 11/28/12 Pending -- -- --
10/24/2012 10/24/12 For Sale $275,000 -- $138 / 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 $6,115 $400,110 -- --
2024 $5,972 $388,840 -- --
2023 $5,972 $377,520 $0 $0
2022 $5,555 $366,530 $0 $0
2021 $5,726 $355,860 $0 $0
2020 $5,726 $350,950 $0 $0
2019 $5,111 $313,850 $0 $0
2018 $7,127 $370,160 $213,750 $156,410
2017 $4,137 $269,420 $0 $0
2016 $4,164 $263,880 $180,000 $83,880
2015 $4,296 $262,050 $168,750 $93,300
2014 $4,325 $259,970 $135,000 $124,970
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 793527

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-38-31-EO-00034.0-0001.00