NOT LISTED FOR SALE

816 Potomac Dr Melbourne, FL 32904

Estimated Value: $446,810 - $508,000

3 Beds
2 Baths
1,800 Sq Ft
$258/Sq Ft Est. Value

Last Sold November 09, 2018

Last sale price $319,900 $178 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $2,703/month

18 Days on Market

Highlights

  • Lake Front
  • Home fronts a pond
  • Vaulted Ceiling
  • In Ground Pool
  • Open Floorplan
  • Great Room

About This Home

As of November 2018

Tastefully Renovated Home. Spectacular Lake View and on a 1/3 Acre Lot in the Gated Community of the Falls at Sheridan! Updated Kitchen with Beautiful Cabinets, Counters and Stainless Steel Appliances. Lovely Flooring and Freshly Painted Both Inside and Out. Large Master Suite with Gorgeous Views of the Salt-Water Pool. Huge Screened Lanai, Storage Galore in the Laundry Room and Garage! BRAND NEW ROOF and RANNAI TANKLESS (Gas) HOTWATER HEATER. Energy Efficient Variable Speed Pool Pump and Brand New Irrigation Pump. 4 ft. Garage Extension. Stunning Pavers in Patio, Walkways and Driveway. Take a Look at the List! Your Dream Home Is In Move-In Condition ~ Don't Wait!

Last Agent to Sell the Property

Patricia Ziehler

RE/MAX Aerospace Realty Listed on: 09/27/2018

Last Buyer's Agent

Vicki Yates

Housing Market LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,212

Year Built

  • Built in 1999

Lot Details

  • 0.32 Acre Lot
  • Home fronts a pond
  • Lake Front
  • Street terminates at a dead end
  • East Facing Home
  • Wood Fence
  • Front and Back Yard Sprinklers

HOA Fees

  • $35 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Property Views

  • Lake
  • Pond
  • Pool

Home Design

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

Interior Spaces

  • 1,800 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Vaulted Ceiling
  • Great Room
  • Family Room
  • Screened Porch

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Range
  • Microwave
  • ENERGY STAR Qualified Refrigerator
  • ENERGY STAR Qualified Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Home Security

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

Accessible Home Design

  • Level Entry For Accessibility
  • Accessible Entrance

Eco-Friendly Details

  • Energy-Efficient Roof

Outdoor Features

  • In Ground Pool
  • Patio

Schools

  • Roy Allen Elementary School
  • Central Middle School
  • Melbourne High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Well
  • Tankless Water Heater
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 27-36-35-02-0000e.0-0035.00

Community Details

Overview

  • Board Of Directors Association, Phone Number (321) 674-3975
  • The Falls At Sheridan Phase II Subdivision
  • Maintained Community

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,212

Year Built

Built in 1999

Lot Details

0

HOA Fees

$35 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1999
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Dead End Street, Sprinklers In Front, Sprinklers In Rear
  • Road Surface Type: Asphalt
  • Reso View: Lake, Pond, Pool, Water
  • ResoSecurityFeatures: Security Gate, Smoke Detector(s)
  • Reso Association Amenities: Maintenance Grounds, Management - Full Time, Playground
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: The Falls at Sheridan Phase II
  • Reso Accessibility Features: Accessible Entrance
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Efficiency: Roof
  • Location Tax and Legal Parcel Number2: 27-36-35-02-0000e.0-0035.00
  • Location Tax and Legal Elementary School: Roy Allen
  • Location Tax and Legal Middle School2: Central
  • Location Tax and Legal High School: Melbourne
  • Location Tax and Legal Tax Annual Amount: 2212.06
  • Location Tax and Legal Tax Year2: 2017
  • General Property Information Living Area2: 1800.0
  • General Property Information Building Area Total3: 2340.0
  • General Property Information Lot Size Acres: 0.32
  • General Property Information Lot Size Square Feet2: 13939.0
  • 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: East
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Fencing Fenced2: Yes
  • Fencing Wood2: Yes
  • Flooring Laminate: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Levels One: Yes
  • Pool Features In Ground: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Lot Features Dead End Street: 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
  • Utilities Electricity Connected: Yes
  • ViewPond: Yes
  • View Pool: Yes
  • Water Source Well: Yes
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • View Water3: Yes
  • Room Types Great Room: Yes
  • Interior Features Breakfast Nook: Yes
  • Room Types Family Room: Yes
  • General Property Information Association Phone: 321.674.3975
  • Utilities Natural Gas Connected: Yes
  • General Property Information:Pool Private YN: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Bar, Breakfast Nook, Built-in Features, Eat-in Kitchen, Open Floorplan, Pantry, Primary Bathroom - Tub with Shower, Primary Bathroom -Tub with Separate Shower, Primary Downstairs, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
  • Flooring: Laminate, Tile
  • Appliances: Dishwasher, Disposal, Electric Range, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Refrigerator, Gas Water Heater, Microwave, Refrigerator, Tankless Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Appliances Dishwasher: Yes
  • Interior Features:Primary Downstairs: Yes
  • Appliances:Tankless Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Built-in Features: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:ENERGY STAR Qualified Dishwasher: Yes
  • Appliances:ENERGY STAR Qualified Refrigerator: Yes
  • Appliances:Gas Water Heater: Yes

Exterior Features

  • Exterior Features: Storm Shutters
  • Pool Features: In Ground, Other
  • Roof: Shingle
  • Fencing: Fenced, Wood
  • Acres: 0.32
  • Pool Private: Yes
  • Waterfront Features: Lake Front, Pond
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: East
  • Patio And Porch Features: Patio, Porch, Screened
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Exterior Features:Storm Shutters: Yes
  • View:Lake: Yes
  • Waterfront Features:Lake Front: Yes
  • Waterfront Features:Pond2: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Lot Features:Sprinklers In Rear: Yes
  • Accessibility Features:Accessible Entrance: 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
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Water Available
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 425.0
  • Association Fee Frequency: Annually
  • Association Name: Board of Directors
  • Phone: 321-674-3975
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: Board of Directors
  • General Property Information:Association Fee: 425.0
  • General Property Information:Association Fee Frequency: Annually
  • Association Amenities:Playground: Yes

Schools

  • Middle Or Junior School: Central

Lot Info

  • Lot Size Sq Ft: 13939.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 27-36-35-02-0000e.0-0035.00

Green Features

  • Green Energy Efficient:Roof: Yes

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 2212.06

MLS Schools

  • Elementary School: Roy Allen
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2018
Closed on
Nov 9, 2018
Sold by
Nerbonne Richard W and Nerbonne Shelley M
Bought by
Neff Scott and Neff Kimberly
Seller's Agent
Patricia Ziehler
RE/MAX Aerospace Realty
Buyer's Agent
Vicki Yates
Housing Market LLC
List Price
$329,900
Sold Price
$319,900
Premium/Discount to List
-$10,000
-3.03%
Current Estimated Value
$464,453

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,553
Avg. Annual Appreciation
5.31%
Original Mortgage
$255,920
Outstanding Balance
$223,222
Interest Rate
4.7%
Estimated Equity
$241,231

Purchase Details

Listed on
Apr 12, 2013
Closed on
Jul 2, 2013
Sold by
Johnson Jeffrey W and Johnson Susan L
Bought by
Nerbonne Richard W and Nerbonne Shelley M
Seller's Agent
Marie Lachance
Regal Properties International
Buyer's Agent
Patricia Ziehler
RE/MAX Aerospace Realty
List Price
$205,000
Sold Price
$196,000
Premium/Discount to List
-$9,000
-4.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.57%
Original Mortgage
$150,000
Interest Rate
3.59%

Purchase Details

Closed on
Jun 17, 2009
Sold by
Mullins Paul J and Mullins Lois A
Bought by
Johnson Jeffrey W and Johnson Susan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
4.79%

Purchase Details

Closed on
Jul 29, 1999
Sold by
Mullins Paul J and Mullins Lois A
Bought by
Mullins Paul J

Purchase Details

Closed on
Mar 29, 1999
Sold by
Holiday Bldr Inc
Bought by
Mullins Paul J and Mullins Lois A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
6.82%

Purchase Details

Closed on
Dec 2, 1998
Sold by
Stitzel Dev Corp
Bought by
Holiday Bldr Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Neff Scott $319,900 Prestige Title Of Brevard Ll
Nerbonne Richard W $196,000 Security First Title & Escro
Johnson Jeffrey W $195,000 Security First Title & Escro
Mullins Paul J -- --
Mullins Paul J $166,200 --
Holiday Bldr Inc $44,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Neff Scott $255,920
Previous Owner Nerbonne Richard W $150,000
Previous Owner Johnson Jeffrey W $135,000
Previous Owner Mullins Paul J $105,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/09/2018 11/09/18 Sold $319,900 0.0% $178 / Sq Ft
10/15/2018 10/15/18 Pending -- -- --
10/12/2018 10/12/18 Price Changed $319,900 -3.0% $178 / Sq Ft
09/27/2018 09/27/18 For Sale $329,900 +68.3% $183 / Sq Ft
07/02/2013 07/02/13 Sold $196,000 -4.4% $109 / Sq Ft View Prior Sale
06/27/2013 06/27/13 Pending -- -- --
04/12/2013 04/12/13 For Sale $205,000 -- $114 / 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 $3,150 $263,580 -- --
2024 $3,108 $256,160 -- --
2023 $3,108 $248,700 $0 $0
2022 $2,896 $241,460 $0 $0
2021 $3,051 $234,430 $0 $0
2020 $3,022 $231,200 $0 $0
2019 $3,034 $226,010 $66,000 $160,010
2018 $2,224 $168,140 $0 $0
2017 $2,212 $164,690 $0 $0
2016 $2,241 $161,310 $49,500 $111,810
2015 $2,302 $160,190 $44,000 $116,190
2014 $2,302 $158,920 $44,000 $114,920
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 825628

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-36-35-02-0000E.0-0035.00