NOT LISTED FOR SALE

127 Woodland Dr Melbourne, FL 32904

Estimated Value: $254,167 - $281,000

2 Beds
2 Baths
1,168 Sq Ft
$230/Sq Ft Est. Value

Last Sold August 23, 2013

Last sale price $66,000 $57 Per Sq Ft

Est. 310% increase in value since last sale

Current estimated payment $1,659/month

20 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • Central Air
  • Melbourne Senior High School Rated A-
  • 1-Story Property

About This Home

As of August 2013

Great investment opportunity or rent one side and live in the other. One unit is move in ready. This is a Fannie Mae Homepath property. Purchase this property for as little as 3% down! This property is approved for Homepath Renovation Mortgage Financing.

Last Agent to Sell the Property

Natalie Carter

Coldwell Banker Realty Listed on: 07/15/2013

Last Buyer's Agent

Todd Ostrander

RE/MAX Olympic Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $860

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 108 x 70

Home Design

  • Duplex
  • Shingle Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 1,168 Sq Ft Home
  • 1-Story Property
  • Electric Range

Flooring

  • Tile
  • Terrazzo

Schools

  • Roy Allen Elementary School
  • Melbourne High School

Utilities

  • Central Air

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 283706030000F0001700

Community Details

Overview

  • No Home Owners Association
  • Laila Park Estates 1St Add Subdivision

Building Details

  • Operating Expense $3,000
  • Gross Income $13,200
  • Net Operating Income $10,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$860

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Reso Property Sub Type: Duplex
  • ResoLotFeatures: Other
  • ResoSpecialListingConditions: Real Estate Owned
  • Subdivision Name: Laila Park Estates 1st Add
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Location Tax and Legal Parcel Number2: 283706030000F0001700
  • Location Tax and Legal Elementary School: Roy Allen
  • Location Tax and Legal High School: Melbourne
  • Location Tax and Legal Tax Annual Amount: 860.37
  • Location Tax and Legal Tax Year2: 2012
  • General Property Information Building Area Total3: 1168.0
  • General Property Information Lot Size Acres: 0.17
  • General Property Information Lot Size Square Feet2: 7405.2
  • General Property Information Waterfront YN: No
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Levels One: Yes
  • Roof:Shingle: Yes
  • Flooring Terrazzo: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • General Property Information Lot Size Dimensions: 108 x 70
  • Gross Scheduled Income: 13200.0
  • Income And Expenses Operating Expense: 3000.0
  • Special Listing Conditions Real Estate Owned: Yes
  • Utilities Sewer Connected: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Terrazzo, Tile
  • Appliances: Electric Range, Other
  • ResoLivingAreaSource: PublicRecords
  • Appliances:Electric Range: Yes

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Acres: 0.17
  • Waterfront: No
  • Construction Type: Block, Concrete
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Lot Features:Other21: Yes

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

  • Cooling: Central Air
  • Utilities: Sewer Connected, Water Available
  • Cooling Y N: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Lot Dimensions: 108 x 70
  • Lot Size Sq Ft: 7405.2
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2820975
  • Parcel #: 283706030000F0001700
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Other

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 860.37

Multi Family

  • Annual Operating Expense: 3000.0
  • Income And Expenses Net Operating Income: 10200.0

MLS Schools

  • Elementary School: Roy Allen
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 1, 2024
Sold by
Armours Property Management Llc
Bought by
Armours Investments Inc
Total Days on Market
20
Current Estimated Value
$270,483

Purchase Details

Closed on
Dec 29, 2014
Sold by
Gibilaro Nina and Steo Frank Vincent
Bought by
Pineapple Beach Llc

Purchase Details

Listed on
Jul 15, 2013
Closed on
Aug 23, 2013
Sold by
Fannie Mae
Bought by
Gibilaro Nina and Steo Frank Vincent
Seller's Agent
Natalie Carter
Coldwell Banker Realty
Buyer's Agent
Todd Ostrander
RE/MAX Olympic Realty
List Price
$59,900
Sold Price
$66,000
Premium/Discount to List
$6,100
10.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.10%

Purchase Details

Listed on
Jul 15, 2013
Closed on
Jul 26, 2013
Sold by
Trentel Gilbert and Us Bank National Association
Bought by
Federal National Mortgage Association
Seller's Agent
Natalie Carter
Coldwell Banker Realty
Buyer's Agent
Todd Ostrander
RE/MAX Olympic Realty
List Price
$59,900
Sold Price
$66,000
Premium/Discount to List
$6,100
10.18%

Purchase Details

Closed on
May 12, 2005
Sold by
Ambrose Marion and Ambrose Russell
Bought by
Trentel Gilbert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
5.88%

Purchase Details

Closed on
Sep 14, 2004
Sold by
Caddell James C and Caddell Betty Jean
Bought by
Ambrose Russell and Ambrose Marion

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,400
Interest Rate
5.92%
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
Armours Investments Inc $100 None Listed On Document
Pineapple Beach Llc -- Aurora Title
Gibilaro Nina $66,000 Consumer Title & Escrow Serv
Federal National Mortgage Association -- Attorney
Trentel Gilbert $168,000 Alliance Title Brevard Llc
Ambrose Russell $128,000 Alliance Title Brevard Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Trentel Gilbert $132,000
Previous Owner Ambrose Russell $102,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2013 08/23/13 Sold $66,000 +10.2% $57 / Sq Ft
08/01/2013 08/01/13 Pending -- -- --
07/12/2013 07/12/13 For Sale $59,900 -- $51 / 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
2023 $2,215 $183,050 $80,000 $103,050
2022 $1,829 $148,130 $0 $0
2021 $1,559 $90,650 $60,000 $30,650
2020 $1,422 $80,700 $50,000 $30,700
2019 $1,444 $83,640 $50,000 $33,640
2018 $1,397 $81,390 $45,000 $36,390
2017 $1,258 $67,690 $40,000 $27,690
2016 $1,179 $57,840 $30,000 $27,840
2015 $1,167 $55,010 $30,000 $25,010
2014 $1,051 $47,620 $25,000 $22,620
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2013

    Natalie Carter

    Coldwell Banker Realty

  • T

    Buyer's Agent in 2013

    Todd Ostrander

    RE/MAX Olympic Realty

See All Agents

Map

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

MLS Number: 673068

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-37-06-03-0000F.0-0017.00

Florida Brevard County Melbourne 32904

127 Woodland Dr, Melbourne, FL

This home is located at 127 Woodland Dr, Melbourne, FL 32904 since 15 July 2013 and is currently estimated at $268,542, approximately $229 per square foot. 127 Woodland Dr is a home located in Brevard County with nearby schools including Roy Allen Elementary School, Central Middle School, and Melbourne Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Space Coast MLS (Space Coast Association of REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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