NOT LISTED FOR SALE

850 Potomac Dr Melbourne, FL 32904

Estimated Value: $442,669 - $543,000

3 Beds
2 Baths
2,005 Sq Ft
$240/Sq Ft Est. Value

Last Sold September 29, 2015

Last sale price $241,000 $120 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $2,770/month

1 Day on Market

Highlights

  • Lake View
  • Sun or Florida Room
  • Breakfast Area or Nook
  • Vaulted Ceiling
  • Great Room
  • Hurricane or Storm Shutters

About This Home

As of September 2015

Falls At Sheridan, very desirable gated community of West Melbourne. 1-0wner very well maintained home. Features: 3-bedroom, 2-bath, 2-car garage, 2,005-living area, FL room (319 Sq. ft) under central AC, great room, formal dining area (used as an office), fully applianced open kitchen w/granite countertops, breakfast bar, breakfast area (used as formal dining), pantry, adjacent laundry room, master bedroom w/master bath; dual sinks, large shower, toilet & walk-in closet, 2-additional bedrooms & full bath w/tub/shower combination, toilet & door access to backyard area. Other Features: Roof (2010), Irrigation System w/Timer (Timer 2015), 2-car garage w/keyless entry (2015), Arnold De Chateau vinyl flooring throughout except bedrooms (new carpets), Hurricane panels & .25-acre w/waterview! w/waterview!

Last Agent to Sell the Property

Antonio Ayala

Ayala Realty Group, LLC Listed on: 08/21/2015

Last Buyer's Agent

George Bovell

RE/MAX 2000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,668

Year Built

  • Built in 1997

Lot Details

  • 0.25 Acre Lot
  • East Facing Home
  • Front and Back Yard Sprinklers
  • Few Trees

HOA Fees

  • $35 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Property Views

  • Lake
  • Pond

Home Design

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

Interior Spaces

  • 2,005 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Great Room
  • Dining Room
  • Sun or Florida Room
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

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

Home Security

  • Security Gate
  • Hurricane or Storm Shutters

Outdoor Features

  • Porch

Schools

  • Roy Allen Elementary School
  • Central 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 27-36-35-02-0000D.0-0057.00

Community Details

Overview

  • The Falls At Sheridan Phase II Subdivision
  • Maintained Community

Recreation

  • Community Playground
  • Park

Additional Features

  • Community Barbecue Grill
  • Card or Code Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,668

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
  • ResoLotFeatures: Few Trees, Sprinklers In Front, Sprinklers In Rear
  • Road Surface Type: Asphalt
  • Reso View: Lake, Pond, Water
  • ResoSecurityFeatures: Key Card Entry, Security Gate
  • Reso Association Amenities: Barbecue, Maintenance Grounds, Management - Full Time, Park, Playground
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: The Falls at Sheridan Phase II
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 27-36-35-02-0000D.0-0057.00
  • 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: 1667.69
  • Location Tax and Legal Tax Year2: 2014
  • General Property Information Living Area2: 2005.0
  • General Property Information Building Area Total3: 2724.0
  • General Property Information Lot Size Acres: 0.25
  • General Property Information Lot Size Square Feet2: 10890.0
  • 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: East
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Levels One: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Road Surface Type Asphalt: Yes
  • Roof:Shingle: Yes
  • Security Features Security Gate: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • ViewPond: Yes
  • Flooring Carpet: Yes
  • Water Source Well: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • View Water3: Yes
  • Room Types Dining Room: Yes
  • Room Types Great Room: Yes
  • Interior Features Breakfast Nook: Yes
  • Security Features Key Card Entry: Yes
  • Room Types Laundry: Yes
  • Utilities Natural Gas Connected: Yes
  • Room Types Florida Room: Yes
  • General Property Information Lot Size Dimensions: 75.0 ft x 0.0 ft
  • Flooring Vinyl: Yes
  • General Property Information:Pool Private YN: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Bar, Breakfast Nook, Ceiling Fan(s), Pantry, Primary Bathroom - Tub with Shower, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
  • Flooring: Carpet, Tile, Vinyl
  • Appliances: Dishwasher, Disposal, Electric Range, Electric Water Heater, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:Walk-In Closet(s): Yes

Exterior Features

  • Exterior Features: Storm Shutters
  • Pool Features: None
  • Roof: Shingle
  • Acres: 0.25
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: East
  • Patio And Porch Features: Porch
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio and Porch Features:Porch: Yes
  • Exterior Features:Storm Shutters: Yes
  • View:Lake: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Lot Features:Sprinklers In Rear: Yes
  • Lot Features:Few Trees: 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, Natural Gas Connected, Water Available
  • Heating: Central
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Central: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 425.0
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 425.0
  • General Property Information:Association Fee Frequency: Annually
  • Association Amenities:Barbecue: Yes
  • Association Amenities:Park: Yes
  • Association Amenities:Playground: Yes

Schools

  • Middle Or Junior School: Central

Lot Info

  • Lot Dimensions: 75.0 ft x 0.0 ft
  • Lot Size Sq Ft: 10890.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 27-36-35-02-0000D.0-0057.00

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 1667.69

MLS Schools

  • Elementary School: Roy Allen
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2015
Closed on
Sep 29, 2015
Sold by
Rlt Borysiewicz Evelyn A and Rlt Evelyn A Borysiewicz
Bought by
Lake Alex and Lake Alecia
Seller's Agent
Antonio Ayala
Ayala Realty Group, LLC
Buyer's Agent
George Bovell
RE/MAX 2000
List Price
$247,000
Sold Price
$241,000
Premium/Discount to List
-$6,000
-2.43%
Current Estimated Value
$481,167

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$240,167
Avg. Annual Appreciation
6.96%
Original Mortgage
$228,950
Outstanding Balance
$180,684
Interest Rate
3.97%
Estimated Equity
$300,483

Purchase Details

Closed on
Feb 27, 2014
Sold by
Borysiewicz Evelyn A
Bought by
Rlt Borysiewicz Evelyn A and Rlt Evelyn A Borysiewicz

Purchase Details

Closed on
Mar 25, 1997
Sold by
Stitzel Dev Corp
Bought by
Borysiewicz Richard A and Borysiewicz Evelyn A
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
Lake Alex $241,000 Sunbelt Title Agency
Rlt Borysiewicz Evelyn A -- Attorney
Borysiewicz Richard A $34,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lake Alex $228,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/29/2015 09/29/15 Sold $241,000 -2.4% $120 / Sq Ft
08/23/2015 08/23/15 Pending -- -- --
08/21/2015 08/21/15 For Sale $247,000 -- $123 / 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 $2,659 $218,360 -- --
2024 $2,554 $212,210 -- --
2023 $2,554 $201,170 $0 $0
2022 $2,378 $195,320 $0 $0
2021 $2,488 $189,640 $0 $0
2020 $2,437 $187,030 $0 $0
2019 $2,441 $182,830 $0 $0
2018 $2,444 $179,430 $0 $0
2017 $2,430 $175,740 $0 $0
2016 $2,462 $172,130 $45,000 $127,130
2015 $1,669 $120,900 $40,000 $80,900
2014 $1,668 $119,940 $40,000 $79,940
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 733186

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-36-35-02-0000D.0-0057.00