NOT LISTED FOR SALE

11055 County Road 507 Fellsmere, FL 32948

Estimated Value: $230,404 - $446,000

2 Beds
1 Bath
1,394 Sq Ft
$246/Sq Ft Est. Value

Last Sold March 17, 2016

Last sale price $45,000 $32 Per Sq Ft

Est. 664% increase in value since last sale

Current estimated payment $2,082/month

6 Days on Market

Highlights

  • 0.94 Acre Lot
  • Detached Garage
  • East Facing Home
  • 1 Fireplace
  • Views
  • Carpet

About This Home

As of March 2016

HIGHEST & BEST DUE BEFORE 5PM ON 2-17-16 With a lot of work this two bedroom one bathroom property could make a great home. Lot is .94 of an acre with detached garage. To view property must have signed hold harmless document due to condition of property.Property was built prior to 1978 and lead based paint potentially exists.

Last Agent to Sell the Property

Rusty Melle

ITG Realty, LLC License #3185860 Listed on: 02/09/2016

ITG Realty, LLC

Last Buyer's Agent

NON-MLS AGENT

NON MLS

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1935

Lot Details

  • 0.94 Acre Lot
  • East Facing Home
  • Zoning described as Agricultural

Parking

  • Detached Garage

Home Design

  • Frame Construction

Interior Spaces

  • 1,394 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Carpet
  • Property Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Not Connected to Water Source
  • Septic Tank

Community Details

  • Fellsmere Farms Subdivision

Listing and Financial Details

  • Tax Lot 831
  • Assessor Parcel Number 31370000001083100001.0

Home Details

Home Type

Single Family

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size Acres: 0.94
  • Lot Size: .94 acre
  • Ownership: Single Family/Other
  • Subdivision Name: Fellsmere Farms
  • Directions: Sebastian Blvd ,Continue onto Fellsmere Rd ,Continue onto Pennsylvania Ave .right onto N Broadway St ,N Broadway St turns left and becomes S Carolina Ave,Turn right onto Co Rd 507
  • Architectural Style: One Story
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built: 1935
  • Property Sub Type Additional: Detached
  • Attribution Contact: 321-622-2701
  • Special Features: 20
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Appliances: None
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Other
  • Living Area: 1394.0
  • Stories: 1
  • Window Features: None, Single Hung

Exterior Features

  • Lot Features: 1/2 to 1 Acre Lot
  • Pool Features: None
  • View: Other
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Lead Based Paint Disclosure
  • Construction Type: Frame
  • Direction Faces: East
  • Exterior Features: None
  • Roof: Other

Garage/Parking

  • Parking Features: Detached

Utilities

  • Laundry Features: None
  • Cooling: Other
  • Heating: Other
  • Sewer: Septic Tank
  • Water Source: Not Connected, Public

Condo/Co-op/Association

  • Community Features: None
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 31370000001083100001.0
  • Zoning Description: Agricultural
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1657.0
  • Tax Lot: 831
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2016
Closed on
Mar 4, 2016
Sold by
Secretary Of Veterans Affairs
Bought by
Du Plessis Cornelius and Du Plessis Patricia
Seller's Agent
Rusty Melle
ITG Realty, LLC
Buyer's Agent
NON-MLS AGENT
NON MLS
List Price
$37,500
Sold Price
$45,000
Premium/Discount to List
$7,500
20%
Current Estimated Value
$343,601

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$298,601
Avg. Annual Appreciation
23.97%

Purchase Details

Closed on
Aug 24, 2015
Sold by
Wells Fargo Bank Na
Bought by
Secretary Of Veterans Affairs

Purchase Details

Closed on
Aug 18, 2015
Sold by
Lee Jill C and Lee David H
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Nov 30, 1999
Sold by
Wilborn James H and Wilborn Leona G
Bought by
Lee David H and Lee Jill C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,000
Interest Rate
7.99%
Mortgage Type
VA
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
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
Du Plessis Cornelius $45,000 Attorney
Secretary Of Veterans Affairs $38,300 None Available
Wells Fargo Bank Na -- None Available
Lee David H $89,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lee David H $90,560
Previous Owner Lee David H $87,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2016 03/17/16 Sold $45,000 +20.0% $32 / Sq Ft
02/16/2016 02/16/16 Pending -- -- --
02/09/2016 02/09/16 For Sale $37,500 -- $27 / Sq Ft
Source: REALTORS® Association of Indian River County

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
2024 $2,573 $190,003 $44,744 $145,259
2023 $2,573 $155,092 $0 $0
2022 $2,214 $149,243 $33,558 $115,685
2021 $2,038 $128,176 $21,253 $106,923
2020 $2,015 $125,380 $18,457 $106,923
2019 $2,014 $121,865 $18,457 $103,408
2018 $1,968 $117,470 $14,062 $103,408
2017 $1,843 $107,980 $0 $0
2016 $1,685 $98,440 $0 $0
2015 $1,657 $92,640 $0 $0
2014 $1,545 $88,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Rusty Melle

    Seller's Agent in 2016

    Rusty Melle

    ITG Realty, LLC

    (321) 474-0400

    144 Total Sales

    Rusty Melle
    Section Image

  • N

    Buyer's Agent in 2016

    NON-MLS AGENT

    NON MLS

See All Agents

Map

Source: REALTORS® Association of Indian River County

MLS Number: 167307

APN: 31-37-00-00001-0831-00001.0

Florida Indian River County Fellsmere 32948

11055 County Road 507, Fellsmere, FL

This home is located at 11055 County Road 507, Fellsmere, FL 32948 since 09 February 2016 and is currently estimated at $343,601, approximately $246 per square foot. This property was built in 1935. 11055 County Road 507 is a home located in Indian River County with nearby schools including Fellsmere Elementary School, Sebastian River Middle School, and Sebastian River High School.

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