NOT LISTED FOR SALE

823 Potomac Dr Melbourne, FL 32904

Estimated Value: $463,160 - $508,000

3 Beds
2 Baths
2,396 Sq Ft
$203/Sq Ft Est. Value

Last Sold June 08, 2015

Last sale price $275,000 $115 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $2,829/month

6 Days on Market

Highlights

  • Screened Pool
  • Deck
  • Main Floor Primary Bedroom
  • Open Floorplan
  • Vaulted Ceiling
  • Loft

About This Home

As of June 2015

Stunning home in exclusive Falls of Sheridan looks like a magazine spread come to life! Three bedrooms with a private loft can be 4th bedroom, office, or den. Attention to detail and pride of ownership shine in this luxury home: stainless appliances (new fridge in 2012), glass backsplash (2014), and dramatic new walnut counter tops (2014) are beautiful and functional. Elegant neutral colors for walls and flooring. Sparkling, private pool with new screens (2014) in a fully fenced yard backs to undeveloped green space. New roof (2013) and paint (2012/13) and lovely, low-maintenance landscaping invite you home. Conveniently located to restaurants, entertainment, major medical facilities, I-95 and more. Nothing has been overlooked, this home will exceed all expectations!

Last Agent to Sell the Property

Joe Friedman

J. Edwards Real Estate Listed on: 05/01/2015

J. Edwards Real Estate

Last Buyer's Agent

Robert Hurst

Better Homes & Gardens RE Star

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,190

Year Built

  • Built in 1997

Lot Details

  • 9,148 Sq Ft Lot
  • West Facing Home
  • Wood Fence

HOA Fees

  • $35 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Frame Construction
  • Shingle Roof
  • Wood Siding
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,396 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Great Room
  • Loft
  • Screened Porch
  • Security Gate

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Screened Pool
  • Private Pool
  • Screen Enclosure

Outdoor Features

  • Deck
  • Patio

Schools

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

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 27-36-35-02-0000d.0-0081.00

Community Details

Overview

  • Or Presidentfallsatsheridan.Com Association, Phone Number (321) 674-3975
  • The Falls At Sheridan Phase II Subdivision

Recreation

  • Community Playground
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,190

Year Built

Built in 1997

Lot Details

0

HOA Fees

$35 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1997
  • Reso Property Sub Type: Single Family Residence
  • ResoSecurityFeatures: Security Gate
  • Reso Association Amenities: Park, Playground
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: The Falls at Sheridan Phase II
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 27-36-35-02-0000d.0-0081.00
  • 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: 3190.35
  • Location Tax and Legal Tax Year2: 2014
  • General Property Information Living Area2: 2396.0
  • General Property Information Building Area Total3: 2796.0
  • General Property Information Lot Size Acres: 0.21
  • General Property Information Lot Size Square Feet2: 9148.0
  • 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: West
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Fencing Fenced2: Yes
  • Fencing Wood2: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Pool Features Private: Yes
  • Roof:Shingle: Yes
  • Security Features Security Gate: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Flooring Carpet: Yes
  • Levels Two: Yes
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • Room Types Great Room: Yes
  • Pool Features Screen Enclosure: Yes
  • Room Types Laundry: Yes
  • General Property Information Association Phone: 321-674-3975
  • General Property Information Lot Size Dimensions: 75.0 ft x 120.0 ft
  • Room Types Loft: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), His and Hers Closets, Open Floorplan, Primary Bathroom - Tub with Shower, Primary Bathroom -Tub with Separate Shower, Primary Downstairs, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
  • Flooring: Carpet, Tile
  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Freezer, Gas Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Interior Features:Primary Downstairs: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:His and Hers Closets: Yes
  • Appliances:Gas Water Heater: Yes
  • Appliances:Freezer: Yes

Exterior Features

  • Pool Features: Private, Screen Enclosure
  • Roof: Shingle
  • Fencing: Fenced, Wood
  • Acres: 0.21
  • Waterfront: No
  • Construction Type: Block, Concrete, Frame, Stucco, Wood Siding
  • Direction Faces: West
  • Patio And Porch Features: Deck, Patio, Porch, Screened
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Construction Materials:Frame: Yes
  • Construction Materials:Wood Siding: 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, Water Available
  • Heating: Central
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 425.0
  • Association Fee Frequency: Annually
  • Association Name: or PresidentFallsAtSheridan.com
  • Phone: 321-674-3975
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: or PresidentFallsAtSheridan.com
  • General Property Information:Association Fee: 425.0
  • General Property Information:Association Fee Frequency: Annually
  • Association Amenities:Park: Yes
  • Association Amenities:Playground: Yes

Schools

  • Middle Or Junior School: Central

Lot Info

  • Lot Dimensions: 75.0 ft x 120.0 ft
  • Lot Size Sq Ft: 9148.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 27-36-35-02-0000d.0-0081.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 3190.35

MLS Schools

  • Elementary School: Roy Allen
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2015
Closed on
Jun 8, 2015
Sold by
Mudge William F and Clair Mudge Cassandra D
Bought by
Lewis Edward and Lewis Amy
Seller's Agent
Joe Friedman
J. Edwards Real Estate
Buyer's Agent
Robert Hurst
Better Homes & Gardens RE Star
List Price
$269,900
Sold Price
$275,000
Premium/Discount to List
$5,100
1.89%
Current Estimated Value
$486,790

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$211,790
Avg. Annual Appreciation
5.55%
Original Mortgage
$270,019
Outstanding Balance
$213,872
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$272,918

Purchase Details

Listed on
Aug 1, 2012
Closed on
Sep 5, 2012
Sold by
Pnc Mortgage
Bought by
Mudge William F and Clair Mudge Cassandra D
Seller's Agent
Lynn Burley
Burley Properties
List Price
$189,000
Sold Price
$189,037
Premium/Discount to List
$37
0.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.01%
Original Mortgage
$185,612
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 27, 2012
Sold by
Morse Carlton B and Case #05-2010-Ca-015061
Bought by
Pnc Mortgage

Purchase Details

Closed on
Sep 30, 1999
Sold by
Tuset Harold S and Tuset Anne B
Bought by
Morse Carlton B and Morse Linda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.89%

Purchase Details

Closed on
Nov 11, 1998
Sold by
Tuset Harold S and Tuset Anne B
Bought by
Tuset Harold B and Tuset Anne B

Purchase Details

Closed on
Jul 10, 1997
Sold by
Burgoon Berger Const Corp
Bought by
Tuset Harold S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.87%

Purchase Details

Closed on
May 21, 1997
Sold by
Jernigan Louise S
Bought by
Burgoon Berger Const Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.87%

Purchase Details

Closed on
May 2, 1997
Sold by
Stitzel Dev Corp
Bought by
Jernigan Louise S
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
Lewis Edward $275,000 Alliance Title Insurance Age
Mudge William F $189,037 None Available
Pnc Mortgage -- Attorney
Morse Carlton B $180,000 --
Tuset Harold B -- --
Tuset Harold S $30,900 --
Burgoon Berger Const Corp $31,900 --
Jernigan Louise S $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lewis Edward $270,019
Previous Owner Mudge William F $185,612
Previous Owner Morse Carlton B $100,000
Previous Owner Tuset Harold S $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/08/2015 06/08/15 Sold $275,000 -1.8% $115 / Sq Ft
05/08/2015 05/08/15 Pending -- -- --
05/01/2015 05/01/15 Price Changed $279,900 +3.7% $117 / Sq Ft
05/01/2015 05/01/15 For Sale $269,900 +42.8% $113 / Sq Ft
10/04/2012 10/04/12 Sold $189,037 0.0% $78 / Sq Ft View Prior Sale
08/13/2012 08/13/12 Pending -- -- --
07/31/2012 07/31/12 For Sale $189,000 -- $78 / 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 $2,989 $245,000 -- --
2024 $2,946 $238,100 -- --
2023 $2,946 $231,170 $0 $0
2022 $2,746 $224,440 $0 $0
2021 $2,883 $217,910 $0 $0
2020 $2,837 $214,910 $0 $0
2019 $2,846 $210,080 $0 $0
2018 $2,852 $206,170 $0 $0
2017 $2,842 $201,930 $0 $0
2016 $2,882 $197,780 $45,000 $152,780
2015 $3,471 $185,500 $40,000 $145,500
2014 -- $168,640 $40,000 $128,640
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2015

    Joe Friedman

    J. Edwards Real Estate

    Section Image

  • R

    Buyer's Agent in 2015

    Robert Hurst

    Better Homes & Gardens RE Star

  • Lynn Burley

    Seller's Agent in 2012

    Lynn Burley

    Burley Properties

    (321) 427-6788

    1 in this area

    50 Total Sales

    Lynn Burley
    Section Image
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Map

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

MLS Number: 724125

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-36-35-02-0000D.0-0081.00

Florida Brevard County Melbourne 32904

823 Potomac Dr, Melbourne, FL

Not Listed for Sale

Detached

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