Seller's Agent in 2022
Gregory Zimmerman
One Sotheby's Int'l Realty
(321) 704-3025
65 in this area
229 Total Sales
Estimated Value: $1,518,000 - $3,012,642
0.51
Acres
$4,801,073
Price per Acre
22,216
Sq Ft Lot
About This Lot
As of April 2022Build Melbourne Beach oceanfront homesite with room for 50x60 footprint (up to 8,500sq ft) plus room for a garage and an oceanfront pool. Lot nestled in one of the most desirable sea turtle preserve beaches yet is convenient to shopping and restaurants. Atlantic Ocean across its 82 feet of frontage. Lot Zoning is RU-24 which is one of the rare locations that allow short term rentals!
Last Agent to Sell the Property
One Sotheby's Int'l Realty License #3364053 Listed on: 02/22/2022
Last Buyer's Agent
One Sotheby's Int'l Realty License #3364053 Listed on: 02/22/2022
Property Details
Property Type
- Land
Est. Annual Taxes
- $5,207
Lot Details
- 0.51 Acre Lot
- Ocean Front
Property Views
- Ocean Views
Utilities
- Water Not Available
- Not Connected to Sewer
- Cable TV Not Available
Listing and Financial Details
- Legal Lot and Block 3 / 1
- Assessor Parcel Number 293810GX13
Community Details
Overview
- Greg Zimmerman Association
Recreation
- Property has ocean access
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 26, 2023
Sold by
Kansas City Real Estate Investment Servi
Bought by
Grace Patrick
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,600,000
Outstanding Balance
$2,388,931
Interest Rate
6.6%
Mortgage Type
Construction
Estimated Equity
$59,616
Purchase Details
Listed on
Feb 22, 2022
Closed on
Apr 1, 2022
Sold by
Lew and Amy
Bought by
Kansas City Real Estate Investment Services L
Seller's Agent
Gregory Zimmerman
One Sotheby's Int'l Realty
Buyer's Agent
Gregory Zimmerman
One Sotheby's Int'l Realty
List Price
$1,390,000
Sold Price
$1,325,000
Premium/Discount to List
-$65,000
-4.68%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.96%
Purchase Details
Listed on
Dec 4, 2015
Closed on
Nov 18, 2016
Sold by
Thorkildesen Karen H
Bought by
Lew Aaron and Lew Amy
Seller's Agent
Joette Davis
BHHS Florida Realty
Buyer's Agent
Betty Hart
Hart Real Estate, Inc.
List Price
$699,000
Sold Price
$412,000
Premium/Discount to List
-$287,000
-41.06%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.20%
Original Mortgage
$309,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Grace Patrick | $100 | Alliance Title | |
| Kansas City Real Estate Investment Services L | $1,325,000 | None Listed On Document | |
| Lew Aaron | $412,000 | Florida Title & Guarantee Ag |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Grace Patrick | $2,600,000 | |
| Previous Owner | Lew Aaron | $309,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/08/2022 04/08/22 | Sold | $1,325,000 | 0.0% | -- | |
| 04/08/2022 04/08/22 | Sold | $1,325,000 | -4.7% | -- | View Prior Sale |
| 03/09/2022 03/09/22 | Pending | -- | -- | -- | |
| 02/28/2022 02/28/22 | Pending | -- | -- | -- | |
| 02/22/2022 02/22/22 | For Sale | $1,390,000 | 0.0% | -- | |
| 02/04/2022 02/04/22 | For Sale | $1,390,000 | +237.4% | -- | |
| 11/18/2016 11/18/16 | Sold | $412,000 | -41.1% | -- | View Prior Sale |
| 09/25/2016 09/25/16 | Pending | -- | -- | -- | |
| 10/06/2014 10/06/14 | For Sale | $699,000 | -- | -- |
Source: REALTORS® Association of Indian River County
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 | $12,530 | $2,426,460 | -- | -- |
| 2024 | $11,880 | $1,050,000 | -- | -- |
| 2023 | $11,880 | $975,000 | -- | -- |
| 2022 | $5,441 | $486,000 | $0 | $0 |
| 2021 | $5,207 | $405,000 | $405,000 | $0 |
| 2020 | $5,350 | $405,000 | $405,000 | $0 |
| 2019 | $5,271 | $405,000 | $405,000 | $0 |
| 2018 | $4,741 | $337,500 | $337,500 | $0 |
| 2017 | $4,955 | $337,500 | $337,500 | $0 |
| 2016 | $6,931 | $450,000 | $450,000 | $0 |
| 2015 | $7,090 | $450,000 | $450,000 | $0 |
| 2014 | $6,868 | $450,000 | $450,000 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Gregory Zimmerman
-
Gibbs Baum
Seller's Agent in 2022
Gibbs Baum
One Sotheby's International
(321) 432-2009
68 in this area
243 Total Sales
-
J
Seller's Agent in 2016
Joette Davis
BHHS Florida Realty
-
B
Buyer's Agent in 2016
Betty Hart
Hart Real Estate, Inc.
Source: REALTORS® Association of Indian River County
MLS Number: 252229
APN: 29-38-10-GX-00001.0-0003.00
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