NOT LISTED FOR SALE

Estimated Value: $698,000 - $1,837,000

3 Beds
3 Baths
2,517 Sq Ft
$545/Sq Ft Est. Value

Last Sold December 28, 2022

Last sale price $1,574,000 $625 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $8,265/month

200 Days on Market

Highlights

  • Ocean Front
  • 2 Fireplaces
  • Balcony
  • Gemini Elementary School Rated A-
  • High Ceiling
  • 5-minute walk to Bonsteel Park

About This Home

As of December 2022

RARE Oceanfront Paradise! Stunning 3bd, 3ba, 3-story half-duplex. Large, shared elevator and ocean boardwalk with gazebo. Highly desirable location close to nature trails, Sebastian Inlet, and bike trails. Truly a must see, with designer features and finishes throughout.

Last Agent to Sell the Property

Michael Thorpe

One Sotheby's Int'l Realty License #3230082 Listed on: 05/11/2022

One Sotheby's Int'l Realty

Last Buyer's Agent

Ashleigh Lovell

One Sotheby's Int'l Realty License #3333446

One Sotheby's Int'l Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,088

Year Built

  • Built in 1992

Lot Details

  • Ocean Front
  • West Facing Home

Parking

  • 2 Car Attached Garage

Home Design

  • Frame Construction
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,517 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • High Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Double Hung Windows
  • Ocean Views

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Property has ocean access
  • Beach Access
  • Balcony

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank

Community Details

  • Association fees include insurance, ground maintenance
  • Wolfpack Investment Group Association

Listing and Financial Details

  • Assessor Parcel Number 303906002742

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,088

Year Built

Built in 1992

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Attached
  • Prop. Type: Residential
  • Lot Size: na
  • Road Surface Type: Paved
  • Ownership: Single Family/Other
  • Subdivision Name: Other
  • Directions: South Melbourne Beach, located on the East side of A1A at 8333 Highway A1A, Melbourne Beach, FL 32951. The entrance is easy to passed if you're not looking for it.
  • Architectural Style: Three Story
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 3
  • Year Built: 1992
  • ResoBuildingAreaSource: PublicRecords
  • Property Sub Type Additional: Attached
  • Attribution Contact: 772-492-1002
  • Special Features: None
  • Stories: 3

Interior Features

  • Furnished: Negotiable
  • Appliances: Dryer, Dishwasher, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Carpet, Other, Tile
  • Interior Amenities: Built-in Features, High Ceilings
  • Living Area: 2517.0
  • Stories: 3
  • Window Features: Double Hung, None
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: 1/4 to 1/2 Acre Lot
  • Pool Features: None
  • View: Ocean
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front, Beach Access
  • Waterfront: Yes
  • Construction Type: Block, Frame, Concrete, Stucco
  • Direction Faces: West
  • Exterior Features: Balcony
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage

Utilities

  • Laundry Features: Laundry Room
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee: 1250.0
  • Association Name: Wolfpack Investment Group
  • Pets Allowed: Yes, Breed Restrictions, Number Limit

Fee Information

  • Association Fee Includes: Insurance, Maintenance Grounds

Lot Info

  • Parcel #: 303906002742
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 9088.0
  • Tax Lot: 0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2022
Closed on
Dec 27, 2022
Sold by
Lion Equity Investment Llc
Bought by
Harbison Gerard S and Langell Marjorie A
Seller's Agent
Michael Thorpe
One Sotheby's Int'l Realty
Buyer's Agent
Ashleigh Lovell
One Sotheby's Int'l Realty
List Price
$1,899,000
Sold Price
$1,574,000
Premium/Discount to List
-$325,000
-17.11%
Current Estimated Value
$1,370,807

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$203,193
Avg. Annual Appreciation
-4.90%

Purchase Details

Closed on
Jan 5, 2022
Sold by
Wolfpack Investment Group Llc
Bought by
Lion Equity Investment Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,700,000
Interest Rate
3.05%
Mortgage Type
Construction

Purchase Details

Listed on
Dec 17, 2018
Closed on
Feb 11, 2020
Sold by
Schultz Thomas G and Schultz Denise E
Bought by
Wolfpack Investment Group Llc
Seller's Agent
Dave Settgast
One Sotheby's International
Buyer's Agent
Non-Member Non-Member Out Of Area
Non-MLS or Out of Area
List Price
$1,875,000
Sold Price
$1,600,000
Premium/Discount to List
-$275,000
-14.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.71%
Original Mortgage
$680,000
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 18, 1999
Sold by
Oberlink William B and Oberlink Christine M
Bought by
Schultz Thomas G and Schultz Denise E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
7.65%
Mortgage Type
Purchase Money 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 Buyer Sale Price Title Company
Harbison Gerard S $1,574,000 --
Harbison Gerard S $1,574,000 None Listed On Document
Lion Equity Investment Llc $950,000 Carlton Fields Pa
Wolfpack Investment Group Llc $800,000 Elite Title Of The Treasure
Schultz Thomas G $450,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lion Equity Investment Llc $2,700,000
Previous Owner Wolfpack Investment Group Llc $680,000
Previous Owner Schultz Thomas G $360,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2022 12/28/22 Sold $1,574,000 -17.1% $625 / Sq Ft
11/28/2022 11/28/22 Pending -- -- --
05/11/2022 05/11/22 For Sale $1,899,000 +18.7% $754 / Sq Ft
02/13/2020 02/13/20 Sold $1,600,000 -11.1% $251 / Sq Ft
11/18/2019 11/18/19 Pending -- -- --
10/18/2019 10/18/19 Price Changed $1,799,000 -2.2% $282 / Sq Ft
06/03/2019 06/03/19 Price Changed $1,839,000 -1.9% $289 / Sq Ft
12/17/2018 12/17/18 For Sale $1,875,000 -- $294 / Sq Ft
Source: REALTORS® Association of Indian River County

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 $11,969 $1,013,050 -- --
2024 $11,836 $984,500 -- --
2023 $11,836 $955,830 $0 $0
2022 $9,825 $853,640 $0 $0
2021 $9,088 $660,460 $0 $660,460
2020 $6,127 $464,040 $0 $0
2019 $6,123 $453,610 $0 $0
2018 $6,163 $445,160 $0 $0
2017 $6,268 $436,010 $0 $0
2016 $6,413 $427,050 $0 $0
2015 $6,643 $424,090 $0 $0
2014 $6,704 $420,730 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Indian River County

MLS Number: 254376

APN: 30-39-06-00-00274.2-0000.00