When was property at 5241 Palomino Drive built and last sold?

The property at 5241 Palomino Drive was built in 1974 and last sold on May 23, 2019 for $380,000.

How much is this home worth?

The estimated value of the home located at 5241 Palomino Drive is $423,748.

What are some comparable homes to 5241 Palomino Drive?

There are currently no comparable homes to 5241 Palomino Drive.

Brevard

32934

Lakewood Estates

5241 Palomino Drive

Sold on May 23, 2019

Map

$380,000

● House - Off Market

5241 Palomino Drive

Melbourne, FL 32934

4 Beds

2 Baths, 1 Half Bath

2,464 Ft²

$589,947

RealtyHop Estimate

47.52%

Since Jun 1, 2019

National-US

Primary Model

About This Property

Gorgeous Country living Colonial style home completely upgraded inside & out on almost 1 acre with over 3,000 sq ft, 3rd story with a 4th bedroom/office/playroom, etc, CITY WATER, NO HOA, brand New Roof (transferable)new Water heater, newer A/C, new kitchen w/ Granite countertops, new bathrooms with granite, tile flooring, master bedroom with walk in closet, step in shower, living room hooked up with 7.1 surround sound, fireplace, breezeway out to your oversized 2 car garage w/new epoxy flooring, ceiling fans, huge fenced backyard with 12' gate that has a stocked pond w/artesian well and new bridge, extra wide driveway w/plenty of room for RV/boat, basketball court painted NBA/college lines, minutes to beaches, intracoastal, Grumman, Harris, I95, schools, Shops, Orlando

Unit Size

2,464 Ft²

Days on Market

114 days

Land Size

0.98 acres

Price per sqft

$162

Property Type

House

Property Taxes

$222

HOA Dues

Year Built

1974

Payment Calculator

Cap Rate Calculator

Last updated: 5 months ago (Space Coast MLS #835494)

Price History

Date / Event	Date	Event
May 24, 2019	Sold	Premium
Sold
Jan 30, 2019	No longer available	-
No longer available
Jan 28, 2019	Listed by Coldwell Banker Paradise	$399,900
Listed by Coldwell Banker Paradise
Sep 15, 2018	Price Decreased	$424,900 ↓ $20K (4.5%)
Price Decreased
Jul 26, 2018	Listed by Coldwell Banker Paradise	$445,000
Listed by Coldwell Banker Paradise
Jul 20, 2015	Sold	Premium
Sold
Jun 5, 2015	Listed by Coldwell Banker Paradise	$249,000
Listed by Coldwell Banker Paradise

Property Highlights

Garage

Air Conditioning

Fireplace

Building Info

Overview

General

Year Built: 1974

Effective Year Built: 2017
Building Count: 1
Bedroom Count: 4
Bathroom Count: 2
Full Bathrooms: 2
Partial Bathrooms: 2
Bathroom Plumbing Fixtures: 10
Building Condition: 0
Building Quality: 4
Construction Type: 6
Building Style: 0
Exterior Walls Type: 12
Interior Walls Type: 0
Roof Shape Type: 7
Roof Cover Type: 15
Floor Count: 200
Living Units: 1
Floor Cover: 0
Basement Type: 0
Basement Area: 0
Garage Type: 1
Garage Square Area: 544
Parking Space Count: 2
Patio Type: 38
Porch Type: 35
Pool Type: 0
Location Influence Type: 179

Dimensions

Lot Size Square Feet: 42,689

Total Building Area: 3,194
Gross Building Area: 3,194
Building Area: 1,996
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 1
Heating: 3
Heated Square Feet: 1,996
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: LAKEWOOD ESTATES SEC 1
Land Acres: 0000000980
Standard Land Use Code: 1001
County Land Use Code: 0110
State Land Use Code: 001
Legal Description 1: LAKEWOOD ESTATES SEC 1 LOT 4 BLK 2

Neighborhood

School District Name: Brevard County School District

Census Tract: 071354

Zoning

Zoning: EU

Geography

Assessors Map Reference: 271

Account Number: 2700963
Parcel: 27-36-10-51-00002.0-0004.00
Block: 2
Lot: 4
Meridian: SEC 10 TWN 27S RNG 36E
Municipality: UNINCORP DISTRICT 4
Latitude: 28.1475
Longitude: -80.7153

Address

Full Address: 5241 Palomino Dr

Address - House Number: 5241
Address - Street Name: Palomino
Address - Suffix Type: Dr
State: FL
City Name: Melbourne
Carrier Code: R045
4-Digit Zip Code: 7892
Zip Code: 32934

Valuation

Tax

Total Area: 2,485

Tax Year: 2022
Tax Amount: $331,022
Tax Rate Code Area: 4200

Appraisal Valuation

Standard Deviation: 0.193

Valuation Date: Jan 03, 2024
Confidence Score: 74
Final Value: 711,470
High Value: 848,842
Low Value: 574,098

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: $453,730

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $264,400

Exemptions

Homeowner Exemption: Yes

Sales

Current Sale Contract Date: May 23, 2019

Current Sale Recording Date: May 24, 2019
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 2019112651
Previous Sale Recording Date: Jul 20, 2015
Previous Sale Contract Date: Jun 26, 2015
Previous Sale Amount: $233,000
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 Type:

Premium
First Mortgage Loan Due Date:

Premium

Previous Mortgages

Previous Mortgage Lender:

Premium

Previous Mortgage Transaction Date:

Premium
Previous Mortgage Loan Amount:

Premium
Previous Mortgage Term:

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 Lakewood Estates

Stats & Trends

Median Asking:

$579,900

Sale Price/ft²

$292

Above Asking

0.00%

Average Days on Market

Average Home Size

2137 ft²

Average Home Age

53 years

Currently For Sale

1 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

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Listed by: Lori A Jelley, Coldwell Banker Paradise
Last Updated: 5 months ago
Data Source: Space Coast MLS, MLS# 835494

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