NOT LISTED FOR SALE

1070 Olde Bailey Ln Melbourne, FL 32904

Estimated Value: $370,541 - $384,000

3 Beds
2 Baths
1,815 Sq Ft
$208/Sq Ft Est. Value

Last Sold June 10, 2019

Last sale price $239,000 $132 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $2,360/month

11 Days on Market

Highlights

  • Lake Front
  • Clubhouse
  • Community Pool
  • Home fronts a pond
  • Vaulted Ceiling
  • Breakfast Area or Nook

About This Home

As of June 2019

Modern lake front home ,3 bedrooms, 2 bath, large eat in kitchen, front living dining combo,
split bedroom plan, back family room off kitchen with views of the lake, volume ceilings, large master with good sized bathroom with separate vanities, garden tub and shower, his and her walk in closets, solid CBS construction, short walk to community pool, 5 minutes to Melbourne Mall, lovely sunsets over the western exposure lake, carpet is in need of replacing but otherwise
solid home with a very good floor plan.

Last Agent to Sell the Property

Steven Munich

Munich Realty, LLC License #647253 Listed on: 05/02/2019

Munich Realty, LLC

Last Buyer's Agent

Thuy Landis

Exit 1st Class Realty

Exit 1st Class Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,132

Year Built

  • Built in 2003

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50x120
  • Home fronts a pond
  • Lake Front
  • East Facing Home
  • Front and Back Yard Sprinklers

HOA Fees

  • $26 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Property Views

  • Lake
  • Pond

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,815 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Family Room
  • Living Room
  • Dining Room
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Breakfast Bar
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Dual Closets
  • Walk-In Closet
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Porch

Schools

  • Meadowlane Elementary School
  • Central Middle School
  • Melbourne High School

Utilities

  • Central Heating and Cooling System
  • Well
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 28-37-18-01-00000.0-0143.00

Community Details

Overview

  • Stratford Pointe Phase 1 Subdivision
  • Maintained Community

Amenities

  • Clubhouse

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,132

Year Built

Built in 2003

Lot Details

0

HOA Fees

$26 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2003
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • ResoLotFeatures: Sprinklers In Front, Sprinklers In Rear
  • Reso View: Lake, Pond, Water
  • ResoSecurityFeatures: Smoke Detector(s)
  • Reso Association Amenities: Clubhouse, Maintenance Grounds, Management - Full Time, Management - Off Site
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Stratford Pointe Phase 1
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 28-37-18-01-00000.0-0143.00
  • Location Tax and Legal Elementary School: Meadowlane
  • Location Tax and Legal Middle School2: Central
  • Location Tax and Legal High School: Melbourne
  • Location Tax and Legal Tax Annual Amount: 3132.18
  • Location Tax and Legal Tax Year2: 2018
  • General Property Information Living Area2: 1815.0
  • General Property Information Building Area Total3: 2254.0
  • General Property Information Lot Size Acres: 0.14
  • General Property Information Lot Size Square Feet2: 6098.0
  • General Property Information New Construction YN: No
  • General Property Information Waterfront YN: Yes
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: East
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Levels One: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Roof:Shingle: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • ViewPond: Yes
  • Flooring Carpet: Yes
  • Water Source Well: Yes
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • View Water3: Yes
  • Room Types Dining Room: Yes
  • Interior Features Breakfast Nook: Yes
  • Room Types Family Room: Yes
  • Room Types Laundry: Yes
  • Room Types Living Room: Yes
  • General Property Information Lot Size Dimensions: 50x120
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Bar, Breakfast Nook, Ceiling Fan(s), Eat-in Kitchen, His and Hers Closets, Pantry, Primary Bathroom - Tub with Shower, Primary Bathroom -Tub with Separate Shower, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
  • Flooring: Carpet, Tile
  • Appliances: Dishwasher, Electric Water Heater, Ice Maker, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Pool Features:Community: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:His and Hers Closets: Yes

Exterior Features

  • Pool Features: Community
  • Roof: Shingle
  • Acres: 0.14
  • Waterfront Features: Lake Front, Pond
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: East
  • Patio And Porch Features: Porch
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio and Porch Features:Porch: Yes
  • View:Lake: Yes
  • Waterfront Features:Lake Front: Yes
  • Waterfront Features:Pond2: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Lot Features:Sprinklers In Rear: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage Door Opener
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Cable Available, Water Available
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 310.0
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 310.0
  • General Property Information:Association Fee Frequency: Annually
  • Association Amenities:Clubhouse: Yes

Schools

  • Middle Or Junior School: Central

Lot Info

  • Lot Dimensions: 50x120
  • Lot Size Sq Ft: 6098.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 28-37-18-01-00000.0-0143.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 3132.18

MLS Schools

  • Elementary School: Meadowlane
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 9, 2022
Sold by
Tran Danh Huu and Tran Suong
Bought by
Danh Tran And Suong Pham Family Trust
Current Estimated Value
$377,385

Purchase Details

Listed on
May 2, 2019
Closed on
Jun 7, 2019
Sold by
Li Hongxiang
Bought by
Tran Danh and Pham Suong
Seller's Agent
Steven Munich
Munich Realty, LLC
Buyer's Agent
Thuy Landis
Exit 1st Class Realty
List Price
$245,000
Sold Price
$239,000
Premium/Discount to List
-$6,000
-2.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.19%
Original Mortgage
$188,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 28, 2011
Sold by
Wells Fargo Bank Na
Bought by
Li Hongxiang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,080
Interest Rate
3.25%

Purchase Details

Closed on
Sep 14, 2010
Sold by
Paladino Christopher and Stratford Pointe Homeowners As
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Sep 16, 2008
Sold by
Paladino Christopher
Bought by
Dawkins Samuel and 1070 Olde Family Land Trust

Purchase Details

Closed on
Mar 21, 2003
Sold by
Ameritrend Homes Inc
Bought by
Paladino Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,218
Interest Rate
5.86%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Sold Price
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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
Danh Tran And Suong Pham Family Trust $100 --
Tran Danh $239,000 State Title Partners Llp
Li Hongxiang $115,100 Attorney
Wells Fargo Bank Na -- None Available
Dawkins Samuel -- None Available
Paladino Christopher $139,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tran Danh $188,000
Previous Owner Li Hongxiang $92,080
Previous Owner Paladino Christopher $118,218
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/10/2019 06/10/19 Sold $239,000 -2.4% $132 / Sq Ft
05/13/2019 05/13/19 Pending -- -- --
05/02/2019 05/02/19 For Sale $245,000 0.0% $135 / Sq Ft
05/15/2012 05/15/12 Rented $1,150 0.0% --
05/02/2012 05/02/12 Under Contract -- -- --
04/23/2012 04/23/12 For Rent $1,150 -- --
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Tax History Compared to Growth

Source: Public Records

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 $4,361 $308,960 -- --
2024 $4,238 $319,620 -- --
2023 $4,238 $315,820 $0 $0
2022 $3,742 $288,380 $0 $0
2021 $3,488 $219,760 $60,500 $159,260
2020 $3,309 $206,230 $55,000 $151,230
2019 $3,287 $198,440 $49,500 $148,940
2018 $3,132 $187,370 $44,000 $143,370
2017 $2,973 $177,820 $38,500 $139,320
2016 $2,794 $155,990 $27,500 $128,490
2015 $2,674 $135,320 $27,500 $107,820
2014 $2,457 $123,020 $22,000 $101,020
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Space Coast MLS (Space Coast Association of REALTORS®)

MLS Number: 843996

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-37-18-01-00000.0-0143.00