NOT LISTED FOR SALE

121 Lagoon Ave Melbourne, FL 32901

Estimated Value: $218,000 - $279,000

3 Beds
1.5 Baths
1,181 Sq Ft
$214/Sq Ft Est. Value

Last Sold December 13, 2018

Last sale price $148,000 $125 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $1,464/month

14 Days on Market

Highlights

  • Open Floorplan
  • Porch
  • Built-In Features
  • No HOA
  • 1 Car Attached Garage
  • Tile Flooring

About This Home

As of December 2018

Beautifully renovated 3 bedroom 1.5 bathroom home located just a few minutes from the river and beaches! Situated on almost a 1/3 acre lot in desirable neighborhood. Home features brand new tile and laminate flooring, brand new modern lighting and fans and brand new stainless steel appliances. Kitchen has brand new white shaker cabinets and granite countertops with plenty of space to cook your favorite meals! Guest bathroom features new cabinets and granite countertops as well! Painted inside an out. Hurry! This Move in ready home will not last long at this amazing price!

Last Agent to Sell the Property

Shirley Weems

Waterman Real Estate, Inc. License #3186592 Listed on: 10/24/2018

Waterman Real Estate, Inc.

Last Buyer's Agent

Julianne McCarl

Coldwell Banker Coast Realty License #3318352

Coldwell Banker Coast Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,031

Year Built

  • Built in 1957

Lot Details

  • 0.27 Acre Lot
  • Northeast Facing Home

Parking

  • 1 Car Attached Garage

Home Design

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

Interior Spaces

  • 1,181 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Ceiling Fan
  • Family Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Porch

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

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 27-37-27-51-00000.0-0139.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,031

Year Built

Built in 1957

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1957
  • Reso Property Sub Type: Single Family Residence
  • Road Surface Type: Asphalt
  • ResoSpecialListingConditions: Real Estate Owned
  • Subdivision Name: Indian River Bluff Amended Plat No 2
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 27-37-27-51-00000.0-0139.00
  • 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: 2030.79
  • Location Tax and Legal Tax Year2: 2017
  • General Property Information Living Area2: 1181.0
  • General Property Information Building Area Total3: 1489.0
  • General Property Information Lot Size Acres: 0.27
  • General Property Information Lot Size Square Feet2: 11761.0
  • 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: Northeast
  • Appliances Microwave: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Flooring Laminate: Yes
  • Flooring Tile: Yes
  • Levels One: Yes
  • Road Surface Type Asphalt: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • Room Types Family Room: Yes
  • Special Listing Conditions Real Estate Owned: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-in Features, Ceiling Fan(s), Open Floorplan, Primary Downstairs
  • Flooring: Laminate, Tile
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • ResoLivingAreaSource: PublicRecords
  • General Property Information Bathrooms Half: 1
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Interior Features:Primary Downstairs: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Built-in Features: Yes
  • Interior Features:Ceiling Fan(s): Yes

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Acres: 0.27
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: Northeast
  • Patio And Porch Features: Porch
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Cable Available, Electricity Connected, Water Available
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Central: Yes
  • Heating:Electric3: 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 Size Sq Ft: 11761.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 27-37-27-51-00000.0-0139.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 2030.79

MLS Schools

  • Elementary School: Harbor City
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2018
Closed on
Nov 12, 2018
Sold by
Savings Fund Society Fsb
Bought by
Hargraves Richard John and Hargraves Ashley Sharlene
Seller's Agent
Shirley Weems
Waterman Real Estate, Inc.
Buyer's Agent
Julianne McCarl
Coldwell Banker Coast Realty
List Price
$144,900
Sold Price
$148,000
Premium/Discount to List
$3,100
2.14%
Current Estimated Value
$252,151

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,151
Avg. Annual Appreciation
7.89%
Original Mortgage
$140,600
Outstanding Balance
$123,879
Interest Rate
4.9%
Mortgage Type
New Conventional
Estimated Equity
$128,272

Purchase Details

Closed on
May 9, 2018
Sold by
Federal National Mortgage Association
Bought by
Wilmington Saving Fund Society Fsb and Pretium Mortgage Acquisition Tr

Purchase Details

Closed on
Nov 7, 2000
Sold by
Olsson Peter and Olsson Kari R
Bought by
Imparato Michael A and Imparato Michele

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
7.93%

Purchase Details

Closed on
Feb 7, 1995
Sold by
Fletcher Monay C
Bought by
Olsson Peter and Olsson Kari R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,900
Interest Rate
9.14%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hargraves Richard John $148,000 Attorney
Wilmington Saving Fund Society Fsb -- Attorney
Imparato Michael A $80,000 --
Olsson Peter $55,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hargraves Richard John $140,600
Previous Owner Imparato Michael A $76,000
Previous Owner Olsson Peter $49,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/13/2018 12/13/18 Sold $148,000 +2.1% $125 / Sq Ft
11/06/2018 11/06/18 Pending -- -- --
10/23/2018 10/23/18 For Sale $144,900 0.0% $123 / Sq Ft
12/28/2012 12/28/12 Rented $795 -3.6% --
12/28/2012 12/28/12 Under Contract -- -- --
07/27/2012 07/27/12 For Rent $825 -- --
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 $1,764 $140,550 -- --
2024 $1,712 $136,590 -- --
2023 $1,712 $132,620 $0 $0
2022 $1,591 $128,760 $0 $0
2021 $1,599 $125,010 $0 $0
2020 $1,577 $123,290 $0 $0
2019 $1,580 $120,520 $33,750 $86,770
2018 $2,197 $112,440 $30,150 $82,290
2017 $2,031 $97,680 $25,650 $72,030
2016 $1,990 $92,250 $22,500 $69,750
2015 $1,850 $81,470 $18,760 $62,710
2014 $1,703 $75,060 $18,310 $56,750
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 827913

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-37-27-51-00000.0-0139.00