NOT LISTED FOR SALE

1260 Olde Bailey Ln Melbourne, FL 32904

Estimated Value: $387,946 - $394,000

3 Beds
2 Baths
2,056 Sq Ft
$191/Sq Ft Est. Value

Last Sold October 29, 2015

Last sale price $190,000 $92 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $2,463/month

75 Days on Market

Highlights

  • Lake Front
  • Home fronts a pond
  • Clubhouse
  • Melbourne Senior High School Rated A-
  • Open Floorplan
  • Vaulted Ceiling

About This Home

As of October 2015

Picture yourself lying in bed and enjoying your magnificent lake view on a lazy Sunday morning! Beautiful lake is visible throughout the entire living area and the master bedroom giving the house has a cool and tranquil feel. 3 bedroom, 2 bath split-bedroom plan with 2 car garage and full-length screened porch, new carpet and freshly painted. The kitchen has stainless appliances and granite. Convenient location and good schools. Come enjoy the best of Stratford Pointe, a lovely neighborhood and enjoy the pool before retiring to your lovely new home!
This is a Fannie Mae HomePath property.

Last Agent to Sell the Property

Reagan Masone

SunCoast Real Estate Group Listed on: 07/14/2015

Last Buyer's Agent

Tami Leliuga Shriver

Mutter Realty License #686160

Mutter Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,504

Year Built

  • Built in 2003

Lot Details

  • 7,405 Sq Ft Lot
  • Home fronts a pond
  • Lake Front
  • South Facing Home

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Lake
  • Pond

Home Design

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

Interior Spaces

  • 2,056 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Family Room
  • Dining Room
  • Screened Porch
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

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

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 28-37-18-02-00000.0-0157.00

Community Details

Overview

  • Bella Vita Association, Phone Number (321) 327-7971
  • Stratford Pointe Phase 2 Subdivision
  • Maintained Community

Amenities

  • Clubhouse

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,504

Year Built

Built in 2003

Lot Details

0

HOA Fees

$25 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2003
  • Reso Property Sub Type: Single Family Residence
  • Road Surface Type: Asphalt
  • Reso View: Lake, Pond, Water
  • Reso Association Amenities: Clubhouse, Maintenance Grounds, Management - Full Time, Management - Off Site
  • ResoSpecialListingConditions: Real Estate Owned
  • Subdivision Name: Stratford Pointe Phase 2
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 28-37-18-02-00000.0-0157.00
  • 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: 1503.92
  • Location Tax and Legal Tax Year2: 2014
  • General Property Information Living Area2: 2056.0
  • General Property Information Building Area Total3: 2509.0
  • General Property Information Lot Size Acres: 0.17
  • General Property Information Lot Size Square Feet2: 7405.0
  • General Property Information New Construction YN: No
  • General Property Information Waterfront YN: Yes
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: South
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Flooring Laminate: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Levels One: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Road Surface Type Asphalt: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • ViewPond: Yes
  • Flooring Carpet: Yes
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • View Water3: Yes
  • Room Types Dining Room: Yes
  • Interior Features Breakfast Nook: Yes
  • Room Types Family Room: Yes
  • Room Types Laundry: Yes
  • General Property Information Association Phone: 321-327-7971
  • General Property Information Lot Size Dimensions: 61.0 ft x 120.0 ft
  • Special Listing Conditions Real Estate Owned: Yes
  • Special Features: 5120
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Bar, Breakfast Nook, Built-in Features, Ceiling Fan(s), Open Floorplan, Pantry, Primary Bathroom - Tub with Shower, Primary Bathroom -Tub with Separate Shower, Split Bedrooms, Vaulted Ceiling(s)
  • Flooring: Carpet, Laminate, Tile
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, 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:Built-in Features: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Vaulted Ceiling(s): Yes

Exterior Features

  • Pool Features: Community
  • Roof: Shingle
  • Acres: 0.17
  • Waterfront Features: Lake Front, Pond
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: South
  • 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
  • View:Lake: Yes
  • Waterfront Features:Lake Front: Yes
  • Waterfront Features:Pond2: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Attached: 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 Fee: 300.0
  • Association Fee Frequency: Annually
  • Association Name: Bella Vita
  • Phone: 321-327-7971
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: Bella Vita
  • General Property Information:Association Fee: 300.0
  • General Property Information:Association Fee Frequency: Annually
  • Association Amenities:Clubhouse: Yes

Schools

  • Middle Or Junior School: Central

Lot Info

  • Lot Dimensions: 61.0 ft x 120.0 ft
  • Lot Size Sq Ft: 7405.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 28-37-18-02-00000.0-0157.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 1503.92

MLS Schools

  • Elementary School: Meadowlane
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2015
Closed on
Oct 27, 2015
Sold by
Fannie Mae
Bought by
Ih6 Property Florida Lp
Seller's Agent
Reagan Masone
SunCoast Real Estate Group
Buyer's Agent
Tami Leliuga Shriver
Mutter Realty
List Price
$219,900
Sold Price
$190,000
Premium/Discount to List
-$29,900
-13.6%
Current Estimated Value
$391,737

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$201,737
Avg. Annual Appreciation
7.50%

Purchase Details

Closed on
May 13, 2015
Sold by
Spafford Catherine A and Nationstar Mortgage Llc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 22, 2003
Sold by
Ameritrend Homes Inc
Bought by
Spafford Catherine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,758
Interest Rate
5.52%

Purchase Details

Closed on
Apr 15, 2003
Sold by
Stratford Pointe Dev Co
Bought by
Ameritrend Homes Inc
Source: Public Records

Range of Values:

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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
Ih6 Property Florida Lp $190,000 Attorney
Federal National Mortgage Association -- None Available
Spafford Catherine A $146,800 State Title
Ameritrend Homes Inc $28,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Spafford Catherine A $146,758
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2015 10/29/15 Sold $190,000 +0.1% $92 / Sq Ft
09/28/2015 09/28/15 Pending -- -- --
09/24/2015 09/24/15 Price Changed $189,900 -5.0% $92 / Sq Ft
08/18/2015 08/18/15 Price Changed $199,900 -9.1% $97 / Sq Ft
07/14/2015 07/14/15 For Sale $219,900 -- $107 / 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 $4,654 $332,710 -- --
2024 $4,523 $343,650 -- --
2023 $4,523 $339,450 $0 $0
2022 $3,983 $308,700 $0 $0
2021 $3,719 $236,290 $60,500 $175,790
2020 $3,534 $221,910 $55,000 $166,910
2019 $3,519 $213,880 $49,500 $164,380
2018 $3,425 $202,240 $44,000 $158,240
2017 $3,228 $191,530 $38,500 $153,030
2016 $3,012 $165,190 $27,500 $137,690
2015 $2,774 $140,380 $27,500 $112,880
2014 $1,504 $108,870 $22,000 $86,870
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 730134

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-37-18-02-00000.0-0157.00