NOT LISTED FOR SALE

1161 Olde Bailey Ln Melbourne, FL 32904

Estimated Value: $374,385 - $386,000

3 Beds
2 Baths
2,059 Sq Ft
$185/Sq Ft Est. Value

Sale Details

Date Sold: March 23, 2023

Last sale price $360,000 $175 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,460 / mo

2 Days on Market

Highlights

  • Open Floorplan
  • Vaulted Ceiling
  • Great Room
  • Clubhouse
  • Bonus Room
  • Screened Porch

About This Home

As of March 2023

Large 3/2 home located in a wonderful community with community pool and playground. Brand new roof just installed 9/22! Great open floor plan with tile floors in all living areas and new carpet in bedrooms, privately fenced back yard, large screened in porch, rain gutters, high ceilings and more. Additional utility room or bonus room off the kitchen that can be used for almost anything. Large main suite bathroom with double vanities and a garden tub and enclosed shower. Oversized bedrooms perfect for those looking for more space. This community is centrally located and within minutes to Downtown, Melbourne Airport and corporations like L3/Harris, Northrop Grumann, Boeing, GE and so many other major employers. Drive to the beach in less than 20 min and enjoy Florida living at it's best!

Last Agent to Sell the Property

Brad Fairman

Real Broker LLC License #3058584 Listed on: 02/04/2023

Real Broker LLC

Last Buyer's Agent

Harris Gaffar

Exhibit Realty LLC License #3324970

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,823

Year Built

  • Built in 2002

Lot Details

  • 6,098 Sq Ft Lot
  • West Facing Home
  • Vinyl Fence

HOA Fees

  • $28 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Asphalt
  • Stucco

Interior Spaces

  • 2,059 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Great Room
  • Dining Room
  • Bonus Room
  • Screened Porch

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Outdoor Features

  • Patio

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 28-37-18-01-00000.0-0014.00

Community Details

Overview

  • Stratford Pointe Phase One Association
  • Stratford Pointe Phase 1 Subdivision
  • Maintained Community

Amenities

  • Clubhouse

Recreation

  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,823

Year Built

Built in 2002

Lot Details

6,098 Sq Ft Lot

HOA Fees

$28 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2002
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Road Surface Type: Asphalt
  • ResoSecurityFeatures: Smoke Detector(s)
  • Reso Association Amenities: Clubhouse, Maintenance Grounds, Management - Full Time, Management - Off Site, Playground
  • 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: 28-37-18-01-00000.0-0014.00
  • 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: 3823.46
  • Location Tax and Legal Tax Year2: 2022
  • General Property Information Living Area2: 2059.0
  • General Property Information Building Area Total3: 2752.0
  • 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
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Fencing Fenced2: 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
  • Pets Allowed Yes: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Road Surface Type Asphalt: Yes
  • Roof:Shingle: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Flooring Carpet: Yes
  • Water Source Public: Yes
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • General Property Information Carport YN2: No
  • Room Types Dining Room: Yes
  • Room Types Great Room: Yes
  • Room Types Laundry: Yes
  • Pets Allowed Breed Restrictions: Yes
  • Room Types Bonus Room: Yes
  • Fencing Vinyl2: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

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

Exterior Features

  • Exterior Features: Storm Shutters
  • Pool Features: Community
  • Roof: Shingle
  • Fencing: Fenced, Vinyl
  • Acres: 0.14
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: West
  • Patio And Porch Features: Patio, Porch, Screened
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Exterior Features:Storm Shutters: 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, Electricity Connected
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 330.0
  • Association Fee Frequency: Annually
  • Association Name: STRATFORD POINTE PHASE ONE
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: STRATFORD POINTE PHASE ONE
  • General Property Information:Association Fee: 330.0
  • General Property Information:Association Fee Frequency: Annually
  • Association Amenities:Clubhouse: Yes
  • Association Amenities:Playground: Yes

Schools

  • Middle Or Junior School: Central

Lot Info

  • Lot Size Sq Ft: 6098.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 28-37-18-01-00000.0-0014.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3823.46

MLS Schools

  • Elementary School: Meadowlane
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2023
Closed on
Mar 21, 2023
Sold by
Melo Manuel R and Melo Rubiela
Bought by
Sajjad Sarwar and Akther Shirin
Seller's Agent
Brad Fairman
Real Broker LLC
Buyer's Agent
Harris Gaffar
Exhibit Realty LLC
List Price
$359,900
Sold Price
$360,000
Premium/Discount to List
$100
0.03%
Views
79
Current Estimated Value
$382,970

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,970
Avg. Annual Appreciation
1.76%
Original Mortgage
$347,985
Outstanding Balance
$336,663
Interest Rate
6.32%
Mortgage Type
FHA
Estimated Equity
$43,933

Purchase Details

Closed on
Jan 11, 2002
Sold by
Ameritrend Homes Inc
Bought by
Melo Manuel R and Ramos Rubiela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,700
Interest Rate
6.85%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Sajjad Sarwar $360,000 Bella Title & Escrow
Melo Manuel R $16,900 --
Ameritrend Homes Inc $16,900 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Sajjad Sarwar $347,985
Previous Owner Ameritrend Homes Inc $63,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/23/2023 03/23/23 Sold $360,000 0.0% $175 / Sq Ft
02/06/2023 02/06/23 Pending -- -- --
02/04/2023 02/04/23 For Sale $359,900 -- $175 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

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 $4,260 $324,680 -- --
2024 $4,339 $335,610 -- --
2023 $4,339 $324,100 $0 $0
2022 $3,823 $294,870 $0 $0
2021 $3,570 $225,640 $55,000 $170,640
2020 $3,392 $212,030 $50,000 $162,030
2019 $3,355 $204,580 $45,000 $159,580
2018 $3,200 $193,620 $40,000 $153,620
2017 $3,039 $183,770 $35,000 $148,770
2016 $2,865 $162,670 $25,000 $137,670
2015 $2,730 $137,670 $25,000 $112,670
2014 $2,509 $125,160 $20,000 $105,160
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 956538

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-37-18-01-00000.0-0014.00

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