NOT LISTED FOR SALE

Estimated Value: $773,000 - $957,000

4 Beds
3 Baths
-- Sq Ft
2,178 Sq Ft Lot

Sale Details

Date Sold: December 8, 2017

Last sale price $605,000

Est. 42% increase in value since last sale

Current estimated payment $5,345 / mo

46 Days on Market

Highlights

  • Ocean Front
  • Elevator
  • Walk-In Closet
  • Covered Patio or Porch
  • Balcony
  • Tile Flooring

About This Home

As of December 2017

Spectacular 360 degree views from this entire top floor penthouse in premium Melbourne Beach location between 2 golf courses, close to both downtown and nature preserve areas. 2 direct ocean Master Suites, 2 car garage. 7 unit building getting some nice upgrades including new larger balconies all paid for by the seller. Private expansive west balcony to enjoy beautiful Florida sunsets.

Co-Listed By

Michael Thorpe

One Sotheby's Int'l Realty License #3230082

One Sotheby's Int'l Realty

Last Buyer's Agent

NON-MLS AGENT

NON MLS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,822

Year Built

  • Built in 1981

Lot Details

  • Ocean Front
  • West Facing Home

Parking

  • 2 Car Garage

Home Design

  • Stucco

Interior Spaces

  • Partially Furnished
  • Sliding Doors
  • Tile Flooring
  • Ocean Views

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Property has ocean access
  • Beach Access
  • Balcony
  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 28362100002597000000

Community Details

Overview

  • Association fees include common areas, maintenance structure, pest control, roof, sewer, trash, water
  • 5-Story Property

Amenities

  • Elevator
  • Community Storage Space

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,822

Year Built

Built in 1981

Lot Details

2,178 Sq Ft Lot

Parking

2

Listing Details

  • Property Sub Type: Attached
  • Prop. Type: Residential
  • Lot Size: 0.05
  • Co List Office Mls Id: 0225
  • Co List Office Phone: 772-492-1002
  • Ownership: Condo
  • Subdivision Name: Other
  • Directions: On highway A1a, just south of 7/11 and about 2.5 miles north of Driftwood Plaza (Publix).
  • Architectural Style: One Story
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 5
  • Year Built: 1981
  • Property Sub Type Additional: Attached
  • Attribution Contact: 772-492-1002
  • Special Features: None
  • Stories: 5

Interior Features

  • Furnished: Partially
  • Appliances: Dryer, Dishwasher, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Door Features: Sliding Doors
  • Fireplace: No
  • Flooring: Tile
  • Interior Amenities: Pantry, Split Bedrooms, Walk-In Closet(s)
  • Stories: 5

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • View: Ocean
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front, Beach Access
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: West
  • Exterior Features: Balcony, Porch
  • Patio And Porch Features: Covered, Porch
  • Roof: Other

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Garage

Utilities

  • Laundry Features: In Unit
  • Green Building Features: Reception Area
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Elevator, Storage Facilities
  • Association Fee: 800.0
  • Pets Allowed: Yes
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Common Areas, Maintenance Structure, Pest Control, Roof, Sewer, Trash, Water

Lot Info

  • Parcel #: 28362100002597000000
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6822.0
  • Tax Lot: 7
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2017
Closed on
Dec 4, 2017
Sold by
Bell Darecy David William
Bought by
Rhodes Russell and Rhodes Karen
Buyer's Agent
NON-MLS AGENT
NON MLS
List Price
$695,000
Sold Price
$605,000
Premium/Discount to List
-$90,000
-12.95%
Current Estimated Value
$859,801

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$254,801
Avg. Annual Appreciation
4.32%
Original Mortgage
$250,000
Outstanding Balance
$208,493
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$651,308

Purchase Details

Closed on
May 21, 2014
Sold by
Robson William G and Robson Evleen Joy
Bought by
Bell D Arcy David William

Purchase Details

Closed on
Feb 28, 2007
Sold by
Newman Gerald W and Newman Susan L
Bought by
Robson William G and Robson Evleen Joy
Source: Public Records
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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
Rhodes Russell $605,000 State Title Partners Llp
Bell D Arcy David William $500,000 First American Title Ins Co
Robson William G $775,000 State Title Partners Llp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rhodes Russell $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/08/2017 12/08/17 Sold $605,000 0.0% --
12/08/2017 12/08/17 Sold $605,000 -12.9% $228 / Sq Ft View Prior Sale
11/08/2017 11/08/17 Pending -- -- --
10/20/2017 10/20/17 Pending -- -- --
09/22/2017 09/22/17 For Sale $695,000 0.0% --
07/17/2017 07/17/17 For Sale $695,000 -- $262 / Sq Ft
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 $8,563 $661,850 -- --
2024 $8,187 $656,940 -- --
2023 $8,187 $625,670 $0 $625,670
2022 $7,205 $568,800 $0 $0
2021 $7,050 $497,380 $0 $497,380
2020 $7,121 $497,380 $0 $497,380
2019 $7,291 $497,380 $0 $497,380
2018 $7,681 $511,690 $0 $511,690
2017 $6,835 $450,520 $0 $450,520
2016 $6,822 $450,520 $0 $0
2015 $6,056 $346,550 $0 $0
2014 $5,646 $315,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: REALTORS® Association of Indian River County

MLS Number: 193832

APN: 28-38-21-00-00259.7-0000.00

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