NOT LISTED FOR SALE

114 Bluff Terrace Melbourne, FL 32901

Estimated Value: $433,000 - $529,615

5 Beds
3.5 Baths
3,003 Sq Ft
$161/Sq Ft Est. Value

Last Sold July 07, 2016

Last sale price $100,000 $33 Per Sq Ft

Est. 384% increase in value since last sale

Current estimated payment $2,997/month

Highlights

  • The property is located in a historic district
  • Kitchen Island
  • West Facing Home
  • No HOA
  • Central Heating and Cooling System
  • Wood Siding

About This Home

As of July 2016

Contingent, but continue to show for back-up offers. LOOKING FOR A PROJECT? Fabulous location near river. Main house is currently used as a single family with renter in garage. Needs major restoration and does not qualify for financing. Current rents total $1,000 per month. Property Zoned R1AA - Existing, Non-Conforming. Agents see notes.

Last Agent to Sell the Property

Patricia Ziehler

RE/MAX Interactive Listed on: 06/02/2016

Last Buyer's Agent

Michelle Mckinney

RE/MAX Interactive

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,345

Year Built

  • Built in 1926

Lot Details

  • 0.36 Acre Lot
  • West Facing Home

Home Design

  • Fixer Upper
  • Frame Construction
  • Wood Siding
  • Asphalt

Interior Spaces

  • 3,003 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace

Kitchen

  • Electric Range
  • Kitchen Island

Bedrooms and Bathrooms

  • 5 Bedrooms

Location

  • The property is located in a historic district

Schools

  • Harbor City Elementary School
  • Hoover Middle School
  • Melbourne High School

Utilities

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

Community Details

  • No Home Owners Association
  • Indian River Bluff Amended Plat No 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 27-37-27-51-00000.0-0191.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,345

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1926
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Historic Area
  • Road Surface Type: Asphalt
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Indian River Bluff Amended Plat No 2
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Reso Property Condition: Fixer
  • Location Tax and Legal Parcel Number2: 27-37-27-51-00000.0-0191.00
  • Location Tax and Legal Elementary School: Harbor City
  • Location Tax and Legal Middle School2: Hoover
  • Location Tax and Legal High School: Melbourne
  • Location Tax and Legal Tax Annual Amount: 2345.32
  • Location Tax and Legal Tax Year2: 2015
  • General Property Information Living Area2: 3003.0
  • General Property Information Building Area Total3: 3003.0
  • General Property Information Lot Size Acres: 0.36
  • General Property Information Lot Size Square Feet2: 15682.0
  • 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
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Road Surface Type Asphalt: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Levels Two: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • General Property Information Lot Size Dimensions: 43.0 ft x 185.0 ft
  • Lot Features Historic Area: Yes
  • Property Condition Fixer: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Kitchen Island
  • Flooring: Other
  • Appliances: Electric Range, Electric Water Heater, Refrigerator
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Wood Burning, Other
  • ResoLivingAreaSource: Other
  • General Property Information Bathrooms Half: 1
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Kitchen Island: Yes
  • Fireplace Features:Wood Burning: Yes

Exterior Features

  • Pool Features: None
  • Roof: Other
  • Acres: 0.36
  • Waterfront: No
  • Construction Type: Frame, Wood Siding, Other
  • Direction Faces: West
  • Construction Materials:Frame: Yes
  • Construction Materials:Wood Siding: Yes
  • Construction Materials:Other15: Yes

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

  • Cooling: Central Air
  • Utilities: Cable Available, Water Available, Other
  • Heating: Central
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Lot Dimensions: 43.0 ft x 185.0 ft
  • Lot Size Sq Ft: 15682.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 27-37-27-51-00000.0-0191.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 2345.32

MLS Schools

  • Elementary School: Harbor City
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 16, 2023
Sold by
Frye Randall J and Frye Ha T
Bought by
Randall Jay Frye And Ha Thi Hong Frye Revocab
Current Estimated Value
$483,904

Purchase Details

Closed on
Nov 23, 2020
Sold by
Mckee Brian M
Bought by
Frye Randall and Frye Ha

Purchase Details

Closed on
Aug 9, 2019
Sold by
Hall Susan L
Bought by
Mckee Brian M

Purchase Details

Listed on
Jun 2, 2016
Closed on
Jul 7, 2016
Sold by
Stella Brenda J and Mills Brenda J Stella
Bought by
Gimme Sitelter Llc
Seller's Agent
Patricia Ziehler
RE/MAX Interactive
Buyer's Agent
Michelle Mckinney
RE/MAX Interactive
List Price
$100,000
Sold Price
$100,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.10%
Original Mortgage
$151,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 4, 2011
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Stella Brenda J

Purchase Details

Closed on
Sep 21, 2010
Sold by
Schrader Frank D and Reschke Matt
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Sep 17, 2010
Sold by
Wells Fargo Bank Na
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Dec 21, 2007
Sold by
Bonny Dennis E and Bonny Deborah H
Bought by
Schrader Frank D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Randall Jay Frye And Ha Thi Hong Frye Revocab $100 None Listed On Document
Randall Jay Frye And Ha Thi Hong Frye Revocab $100 None Listed On Document
Frye Randall $35,000 State Title Partners Llp
Mckee Brian M $70,000 None Available
Gimme Sitelter Llc $100,000 None Available
Stella Brenda J $43,000 New House Title
Wells Fargo Bank Na -- Attorney
Federal Home Loan Mortgage Corp -- New House Title
Schrader Frank D $210,000 Fidelity Natl Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gimme Sitelter Llc $151,000
Previous Owner Schrader Frank D $168,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/07/2016 07/07/16 Sold $100,000 0.0% $33 / Sq Ft
06/02/2016 06/02/16 Pending -- -- --
06/02/2016 06/02/16 For Sale $100,000 -- $33 / 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 $5,542 $366,050 -- --
2024 $5,100 $355,740 -- --
2023 $5,100 $326,730 $0 $0
2022 $809 $51,000 $0 $0
2021 $656 $36,120 $36,120 $0
2020 $659 $36,120 $36,120 $0
2019 $605 $31,880 $31,880 $0
2018 $2,099 $106,910 $28,480 $78,430
2017 $1,903 $86,090 $24,220 $61,870
2016 $2,498 $110,290 $21,260 $89,030
2015 $2,345 $99,810 $19,840 $79,970
2014 $2,161 $91,790 $19,340 $72,450
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 756037

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-37-27-51-00000.0-0191.00