When was property at 508 Colony Street built and last sold?

The property at 508 Colony Street was built in 1994 and last sold on Oct 1, 2015 for $389,000.

How much is this home worth?

The estimated value of the home located at 508 Colony Street is $0.

What are some comparable homes to 508 Colony Street?

There are currently no comparable homes to 508 Colony Street.

Melbourne Beach

32951

Sunset Bay

508 Colony Street

$389,000

● House - Off Market

508 Colony Street

Melbourne Beach, FL 32951

3 Beds

2 Baths

$690,023

RealtyHop Estimate

77.38%

Since Nov 1, 2015

National-US

Primary Model

About This Property

Accepting Back up offers. 72 hour kick out clause in place. Melbourne Beach hidden private oasis. Ideal location, 1 block from the beach, walking distance to Ocean Ave., the Library, shopping and the Indian River Lagoon. This ''move in ready'', 3 bedroom 2 bath, 2070 sf 1994 custom built home with a charming front porch. Tranquil Palm Tree lined driveway. New metal standing seam roof, new A/C installed in 2011, new hurricane rated garage door, updated contemporary lights in master bath. Desirable layout makes a perfect fit for different design styles. Do not let this piece of paradise slip through your fingers.

Unit Size

Days on Market

Land Size

0.26 acres

Price per sqft

Property Type

House

Property Taxes

$401

HOA Dues

Year Built

1994

Payment Calculator

Cap Rate Calculator

Last updated: 3 years ago (Space Coast MLS #727511)

Price History

Date / Event	Date	Event
Oct 13, 2015	Sold	Premium
Sold
Jun 10, 2015	Listed by One Sotheby's International	$389,000
Listed by One Sotheby's International
Jul 7, 2006	Sold	Premium
Sold

Property Highlights

Garage

Air Conditioning

Building Info

Overview

General

Year Built: 1994

Effective Year Built: 2005
Building Count: 1
Bedroom Count: 3
Bathroom Count: 2
Full Bathrooms: 2
Partial Bathrooms: 2
Bathroom Plumbing Fixtures: 8
Building Condition: 0
Building Quality: 4
Construction Type: 12
Building Style: 0
Exterior Walls Type: 12
Interior Walls Type: 0
Roof Shape Type: 7
Roof Cover Type: 5
Floor Count: 100
Living Units: 1
Floor Cover: 0
Basement Type: 0
Basement Area: 0
Garage Type: 1
Garage Square Area: 441
Parking Space Count: 2
Patio Type: 5
Porch Type: 126
Pool Type: 0
Location Influence Type: 149

Dimensions

Lot Size Square Feet: 11,326

Lot Size Depth Feet: 1,120
Lot Size Frontage Feet: 952
Total Building Area: 2,745
Gross Building Area: 2,745
Building Area: 2,070
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 1

Heating: 3
Heated Square Feet: 2,070
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: SUNSET BAY SUBD
Land Acres: 0000000260
Standard Land Use Code: 1001
County Land Use Code: 0110
State Land Use Code: 001
Legal Description 1: SUNSET BAY SUBD LOT 43 EX S 108 FT & THE W 50 FT OF LOTS 44 & 45

Neighborhood

School District Name: Brevard County School District

Census Tract: 066101

Zoning

Zoning: 3RS

Geography

Assessors Map Reference: 327

Account Number: 2847248
Parcel: 28-38-06-78-00000.0-0043.01
Lot: 43
Meridian: SEC 06 TWN 28S RNG 38E
Municipality: MELBOURNE BEACH
Latitude: 28.0721
Longitude: -80.5614

Address

Full Address: 508 Colony St

Address - House Number: 508
Address - Street Name: Colony
Address - Suffix Type: St
State: FL
City Name: Melbourne Beach
Carrier Code: C001
4-Digit Zip Code: 2024
Zip Code: 32951

Valuation

Tax

Total Area: 2,355

Tax Year: 2022
Tax Amount: $523,617
Tax Rate Code Area: 34X0

Appraisal Valuation

Standard Deviation: 0.1969

Valuation Date: Jan 03, 2024
Confidence Score: 73
Final Value: 791,095
High Value: 946,869
Low Value: 635,322

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

Premium
First Open Lien Mortgage Lender:

Premium
First Open Lien Mortgage Recording Date:

Premium
First Open Lien Mortgage Loan Amount:

Premium
First Open Lien Mortgage Term:

Premium
First Open Lien Mortgage Position:

Premium
First Open Lien Mortgage Loan Type:

Premium
First Open Lien Mortgage Loan Due Date:

Premium

Market Valuation

Market Total Value: $580,790

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $376,520

Exemptions

Veteran Exemption: Yes

Homeowner Exemption: Yes

Sales

Current Sale Contract Date: Oct 01, 2015

Current Sale Recording Date: Oct 13, 2015
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 2015202187
Previous Sale Recording Date: Jul 07, 2006
Previous Sale Contract Date: Feb 28, 2006
Previous Sale Amount: $490,000
Previous Sale Document Type: 71

Last Sale Mortgage

First Mortgage Lender:

Premium

First Mortgage Transaction Date:

Premium
First Mortgage Loan Amount:

Premium
First Mortgage Terms:

Premium
First Mortgage Loan Due Date:

Premium

Previous Mortgages

Previous Mortgage Lender:

Premium

Previous Mortgage Transaction Date:

Premium
Previous Mortgage Financing Type:

Premium
Previous Mortgage Loan Amount:

Premium
Previous Mortgage Term:

Premium
Previous Mortgage Loan Type:

Premium
Previous Mortgage Loan Due Date:

Premium

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Sunset Bay

Stats & Trends

Median Asking:

$2,500,000

Sale Price/ft²

$417

Below Asking

0.12%

Average Days on Market

179

Average Home Size

2586 ft²

Average Home Age

101 years

Currently For Sale

2 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 20 Miami Avenue, Indialantic, FL, 32903

$2,450 /mo

2 Beds
2 Baths
1,165 ft²

20 Miami Avenue #2, Indialantic, FL, 32903 Listing by Anthony Scaramouche

Unit for rent at 1706 Atlantic Street, Melbourne Beach, FL, 32951

$2,400 /mo

2 Beds
2 Baths
1,575 ft²

1706 Atlantic Street #3C, Melbourne Beach, FL, 32951 Listing by Stacy B Speir

Unit for rent at 210 6th Avenue, Indialantic, FL, 32903

$2,300 /mo

1 Bed
1 Bath
580 ft²

210 6th Avenue #7, Indialantic, FL, 32903 Listing by Scott M Bouchard

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Beth E Glover, One Sotheby's International
Last Updated: 3 years ago
Data Source: Space Coast MLS, MLS# 727511

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

508 Colony Street

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About Sunset Bay

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions