NOT LISTED FOR SALE

850 Potomac Dr Melbourne, FL 32904

Estimated Value: $420,638 - $521,000

3 Beds
2 Baths
2,005 Sq Ft
$229/Sq Ft Est. Value

Sale Details

Date Sold: September 29, 2015

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

Est. 91% increase in value since last sale

Current estimated payment $2,746 / mo

1 Day on Market

Highlights

  • Lake View
  • Breakfast Area or Nook
  • Porch
  • Vaulted Ceiling
  • Hurricane or Storm Shutters
  • 2 Car Attached Garage

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 License #615435 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

  • 10,890 Sq Ft 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

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
  • Natural Gas Connected
  • 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

0.25 Acres

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, Park, Playground, Management - Full Time
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: The Falls at Sheridan Phase II
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

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

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

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage Door Opener

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

Condo/Co-op/Association

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2015
Closed on
Sep 29, 2015
Sold by
Bought by
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
$459,410

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$218,410
Avg. Annual Appreciation
6.20%
Original Mortgage
$228,950
Outstanding Balance
$180,684
Interest Rate
3.97%
Estimated Equity
$278,726

Purchase Details

Closed on
Feb 27, 2014
Sold by
Bought by

Purchase Details

Closed on
Mar 25, 1997
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$241,000 Sunbelt Title Agency
-- Attorney
$34,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

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