NOT LISTED FOR SALE

124 Lagoon Ave Melbourne, FL 32901

Estimated Value: $328,000 - $383,000

3 Beds
2 Baths
2,425 Sq Ft
$147/Sq Ft Est. Value

Last Sold June 20, 2019

Last sale price $167,500 $69 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $2,086/month

3 Days on Market

Highlights

  • Private Pool
  • Open Floorplan
  • Pool View
  • Melbourne Senior High School Rated A-
  • Wood Flooring
  • No HOA

About This Home

As of June 2019

WOW! What an opportunity. This 2425 sq ft home needs a new owner. SO much potential with .29 acres, a huge lap pool, citrus, bananas & mango trees, a koi pond & a large footprint to create your own masterpiece. Just blocks from the Indian River and the up and coming Riverwalk Marina which will have 81 boat slips, A proposed 7 story Luxury hotel, Waterfront Restaurant, and Resort pool area! Schedule your private tour today!

Last Agent to Sell the Property

Cassandra Hartford

EXP Realty LLC Listed on: 05/01/2019

Last Buyer's Agent

Cassandra Hartford

EXP Realty LLC Listed on: 05/01/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $823

Year Built

  • Built in 1955

Lot Details

  • 0.29 Acre Lot
  • South Facing Home
  • Fenced
  • Few Trees

Parking

  • 2 Carport Spaces

Home Design

  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,425 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Pool Views

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Terrazzo

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Outdoor Features

  • Private Pool
  • Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Indian River Bluff Subdivision

Listing and Financial Details

  • Assessor Parcel Number 27-37-27-51-00000.0-0160.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$823

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1955
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Few Trees
  • Reso View: Pool
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Indian River Bluff
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 27-37-27-51-00000.0-0160.00
  • 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: 823.25
  • Location Tax and Legal Tax Year2: 2018
  • General Property Information Living Area2: 2425.0
  • General Property Information Building Area Total3: 2600.0
  • General Property Information Lot Size Acres: 0.29
  • General Property Information Lot Size Square Feet2: 12632.0
  • General Property Information New Construction YN: No
  • General Property Information Carport Spaces2: 2.0
  • General Property Information Waterfront YN: No
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: South
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Fencing Fenced2: Yes
  • Flooring Wood: Yes
  • Levels One: Yes
  • Pool Features Private: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Electricity Connected: Yes
  • View Pool: Yes
  • Flooring Terrazzo: Yes
  • General Property Information Carport YN2: Yes
  • Utilities Water Available: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Ceiling Fan(s), Open Floorplan, Pantry, Split Bedrooms
  • Flooring: Terrazzo, Wood
  • Appliances: Dishwasher, Electric Water Heater, Gas Range, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Gas Range: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Split Bedrooms: Yes

Exterior Features

  • Pool Features: Private
  • Roof: Other
  • Fencing: Fenced
  • Acres: 0.29
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: South
  • Patio And Porch Features: Porch
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio and Porch Features:Porch: Yes
  • Lot Features:Few Trees: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Carport
  • General Property Information:Garage YN: No
  • Parking Features:Carport: Yes

Utilities

  • Cooling: Central Air
  • Utilities: Electricity Connected, 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 Size Sq Ft: 12632.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2728312
  • Parcel #: 27-37-27-51-00000.0-0160.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 823.25

MLS Schools

  • Elementary School: Harbor City
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2019
Closed on
Jun 20, 2019
Sold by
Phillips Bret
Bought by
Pastorius Claudia
Seller's Agent
Cassandra Hartford
EXP Realty LLC
Buyer's Agent
Cassandra Hartford
EXP Realty LLC
List Price
$219,000
Sold Price
$167,500
Premium/Discount to List
-$51,500
-23.52%
Current Estimated Value
$355,524

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,024
Avg. Annual Appreciation
12.63%
Original Mortgage
$159,125
Outstanding Balance
$139,910
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$215,614

Purchase Details

Closed on
Sep 16, 2009
Sold by
Helen Elizabeth Phillips Revocable Trust
Bought by
Phillips Bret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 30, 2007
Sold by
Phillips Helen Elizabeth and Phillips Franklin L
Bought by
Revoc Phillips Helen Elizabeth and Revoc Helen Elizabeth Phillips
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
Pastorius Claudia $167,500 Supreme Title Closing Llc
Phillips Bret $150,000 Atlantic View Title Agency I
Revoc Phillips Helen Elizabeth -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pastorius Claudia $159,125
Previous Owner Phillips Bret $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/20/2019 06/20/19 Sold $167,500 -23.5% $69 / Sq Ft
05/04/2019 05/04/19 Pending -- -- --
05/01/2019 05/01/19 For Sale $219,000 -- $90 / 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 $2,398 $178,390 -- --
2024 $2,336 $173,370 -- --
2023 $2,336 $168,330 $0 $0
2022 $2,184 $163,430 $0 $0
2021 $2,205 $158,670 $0 $0
2020 $2,179 $156,480 $40,380 $116,100
2019 $835 $81,400 $0 $0
2018 $823 $79,890 $0 $0
2017 $816 $78,360 $0 $0
2016 $832 $76,750 $23,750 $53,000
2015 $846 $76,220 $20,080 $56,140
2014 $831 $75,620 $19,590 $56,030
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 843904

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-37-27-51-00000.0-0160.00