NOT LISTED FOR SALE

1125 Gainey Dr Melbourne, FL 32901

Estimated Value: $113,000 - $136,307

6 Beds
3 Baths
1,632 Sq Ft
$78/Sq Ft Est. Value

Last Sold December 11, 2023

Last sale price $140,000 $86 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $719/month

68 Days on Market

Highlights

  • No HOA
  • Melbourne Senior High School Rated A-
  • West Facing Home

About This Home

As of December 2023

Amazing investor opportunity to complete this blank slate and make a total house hack for multiple streams of income. Property Is gutted and framed out mostly and just needs your final touches. So many options are available in this property, as there are three exterior private entry doors. Opportunity to add square footage and can be a six-bedroom three-bath when done. Options are plentiful. The seller is leaving some useful materials to get you working on day one and get this property to the finish line. The front unit is framed out for a 2/1 currently and the rear unit is two stories. You can blend those together or make an efficiency up top. Close to major roads, the beach and entertainment.

Last Agent to Sell the Property

Lois Rawson

Coldwell Banker Residential RE License #379480 Listed on: 11/29/2023

Coldwell Banker Residential RE

Last Buyer's Agent

Lois Rawson

Coldwell Banker Residential RE License #379480 Listed on: 11/29/2023

Coldwell Banker Residential RE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $822

Year Built

  • Built in 1957

Lot Details

  • 6,098 Sq Ft Lot
  • West Facing Home

Home Design

  • Fixer Upper
  • Brick Exterior Construction
  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,632 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Schools

  • Meadowlane Elementary School
  • Stone Middle School
  • Melbourne High School

Utilities

  • No Cooling

Community Details

  • No Home Owners Association
  • Gramling Park Subd Association
  • Gramling Park Subd Subdivision

Listing and Financial Details

  • Assessor Parcel Number 28-37-11-28-0000d.0-0026.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$822

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1957
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Other
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Gramling Park Subd
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One, Two
  • New Construction: No
  • Reso Property Condition: Fixer
  • Location Tax and Legal Parcel Number2: 28-37-11-28-0000d.0-0026.00
  • Location Tax and Legal Elementary School: Meadowlane
  • Location Tax and Legal Middle School2: Stone
  • Location Tax and Legal High School: Melbourne
  • Location Tax and Legal Tax Annual Amount: 821.67
  • Location Tax and Legal Tax Year2: 2022
  • General Property Information Living Area2: 1632.0
  • General Property Information Building Area Total3: 1978.0
  • 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: No
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: West
  • Levels One: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Electricity Connected: Yes
  • Levels Two: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • Pets Allowed Call: Yes
  • Cooling None2: Yes
  • Property Condition Fixer: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Other
  • Flooring: Other
  • Appliances: None
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Total Bedrooms: 3
  • ResoLivingAreaSource: PublicRecords
  • Appliances:None: Yes

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Acres: 0.14
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: West
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Lot Features:Other21: Yes
  • Construction Materials:Brick2: Yes

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

  • Cooling: None
  • Utilities: Electricity Connected
  • Cooling Y N: No
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association Name: GRAMLING PARK SUBD
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No
  • General Property Information:Association Name: GRAMLING PARK SUBD

Schools

  • Middle Or Junior School: Stone

Lot Info

  • Lot Size Sq Ft: 6098.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2825466
  • Parcel #: 28-37-11-28-0000d.0-0026.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 821.67

MLS Schools

  • Elementary School: Meadowlane
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2023
Closed on
Dec 11, 2023
Sold by
Chau & Company Llc
Bought by
Hernandez Steven
Seller's Agent
Lois Rawson
Coldwell Banker Residential RE
Buyer's Agent
Lois Rawson
Coldwell Banker Residential RE
List Price
$139,500
Sold Price
$140,000
Premium/Discount to List
$500
0.36%
Views
633
Current Estimated Value
$127,769

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,231
Avg. Annual Appreciation
-4.93%

Purchase Details

Listed on
Jul 8, 2022
Closed on
Jul 7, 2022
Sold by
Booth Robert Q
Bought by
Chau & Company Llc
Seller's Agent
Stellar Non-Member Agent
Stellar Non-Member Office
Buyer's Agent
Bobby Christiano
COLDWELL BANKER RESIDENTIAL RE
List Price
$105,000
Sold Price
$105,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.28%

Purchase Details

Listed on
Jan 27, 2020
Closed on
Jun 5, 2020
Sold by
Kisto Latchmi J and Kisto Vinod
Bought by
Booth Robert Q
Seller's Agent
Crystal Jones
Waterman Real Estate, Inc.
Buyer's Agent
Laurie Duesler
Keller Williams Realty Brevard
List Price
$80,000
Sold Price
$53,500
Premium/Discount to List
-$26,500
-33.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.07%

Purchase Details

Listed on
Jan 9, 2019
Closed on
Mar 19, 2019
Sold by
Spivey Willie D and Womack Valerie M
Bought by
Kisto Latchmi J and Kisto Vinod
Seller's Agent
Desmond Britton
Keller Williams Realty Brevard
Buyer's Agent
Desmond Britton
Keller Williams Realty Brevard
List Price
$77,900
Sold Price
$43,500
Premium/Discount to List
-$34,400
-44.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.65%

Purchase Details

Closed on
Apr 27, 2018
Sold by
Spivey Willie
Bought by
Spivey Willie and Womack Valerie M
Source: Public Records

Range of Values:

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Average Value
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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
Hernandez Steven $140,000 First American Title Insurance
Hernandez Steven $140,000 First American Title Insurance
Chau & Company Llc $105,000 Foundation Title & Settlement
Booth Robert Q $53,500 Foundation Ttl & Setmnt Svcs
Kisto Latchmi J $43,500 North American Title Company
Spivey Willie -- Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/11/2023 12/11/23 Sold $140,000 +0.4% $86 / Sq Ft
12/01/2023 12/01/23 Pending -- -- --
11/29/2023 11/29/23 Price Changed $139,500 0.0% $85 / Sq Ft
11/29/2023 11/29/23 For Sale $139,500 -0.4% $85 / Sq Ft
11/13/2023 11/13/23 Off Market $140,000 -- --
10/24/2023 10/24/23 Price Changed $150,000 -6.3% $92 / Sq Ft
10/04/2023 10/04/23 For Sale $160,000 0.0% $98 / Sq Ft
09/29/2023 09/29/23 Pending -- -- --
09/23/2023 09/23/23 For Sale $160,000 +52.4% $98 / Sq Ft
07/08/2022 07/08/22 Sold $105,000 0.0% $64 / Sq Ft View Prior Sale
07/08/2022 07/08/22 Sold $105,000 0.0% $64 / Sq Ft View Prior Sale
07/08/2022 07/08/22 For Sale $105,000 +5.0% $64 / Sq Ft
06/28/2022 06/28/22 Pending -- -- --
06/27/2022 06/27/22 Pending -- -- --
06/27/2022 06/27/22 Price Changed $100,000 -34.2% $61 / Sq Ft
06/07/2022 06/07/22 For Sale $152,000 0.0% $93 / Sq Ft
06/06/2022 06/06/22 Pending -- -- --
06/02/2022 06/02/22 For Sale $152,000 0.0% $93 / Sq Ft
05/27/2022 05/27/22 Pending -- -- --
05/23/2022 05/23/22 For Sale $152,000 0.0% $93 / Sq Ft
05/20/2022 05/20/22 Pending -- -- --
05/14/2022 05/14/22 For Sale $152,000 +184.1% $93 / Sq Ft
06/05/2020 06/05/20 Sold $53,500 -28.7% $33 / Sq Ft View Prior Sale
04/27/2020 04/27/20 Pending -- -- --
02/17/2020 02/17/20 Price Changed $75,000 -6.3% $46 / Sq Ft
01/27/2020 01/27/20 For Sale $80,000 +83.9% $49 / Sq Ft
03/20/2019 03/20/19 Sold $43,500 -27.4% $27 / Sq Ft View Prior Sale
03/11/2019 03/11/19 Pending -- -- --
02/14/2019 02/14/19 Price Changed $59,900 -14.3% $37 / Sq Ft
01/09/2019 01/09/19 Price Changed $69,900 -10.3% $43 / Sq Ft
01/09/2019 01/09/19 For Sale $77,900 0.0% $48 / Sq Ft
12/27/2018 12/27/18 Pending -- -- --
12/06/2018 12/06/18 For Sale $77,900 -- $48 / Sq Ft
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 $513 $28,220 -- --
2024 $1,200 $27,220 -- --
2023 $1,200 $62,430 $12,500 $49,930
2022 $822 $54,060 $0 $0
2021 $691 $32,770 $9,000 $23,770
2020 $668 $31,320 $9,000 $22,320
2019 $101 $15,770 $0 $0
2018 $101 $15,480 $0 $0
2017 $101 $15,170 $0 $0
2016 $101 $14,860 $3,720 $11,140
2015 $101 $14,760 $2,160 $12,600
2014 $101 $13,530 $1,350 $12,180
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 975796

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-37-11-28-0000D.0-0026.00