NOT LISTED FOR SALE

1281 Olde Bailey Ln Melbourne, FL 32904

Estimated Value: $343,000 - $372,000

3 Beds
2 Baths
1,793 Sq Ft
$200/Sq Ft Est. Value

Last Sold February 18, 2022

Last sale price $345,000 $192 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,266/month

Highlights

  • In Ground Pool
  • Screened Porch
  • Separate Shower in Primary Bathroom
  • Open Floorplan
  • Eat-In Kitchen
  • Walk-In Closet

About This Home

As of April 2024

Highly sought-after neighborhood of West Melbourne, open floor plan featuring 3 bedrooms & 2 full baths, over size master suite with sitting area, stand up shower with separate tub, large kitchen with island along with plenty of cabinets for storage space, huge extended patio & great looking backyard. Massive 80 gallons water heater running on solar energy cutting electric bill. Home close to A-rated schools, freeway, shopping, Grumman, Harris, 10 minutes to river and beach. WASHER & DRYER included. Very clean & ready to move in.

Last Agent to Rent the Property

Lien Nguyen

Red 275 License #3077925 Listed on: 03/26/2024

Last Renter's Agent

Amanda Wyatt

Better Homes & Gardens RE Star License #3586002

Better Homes & Gardens RE Star

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2002

Lot Details

  • 6,098 Sq Ft Lot
  • North Facing Home
  • Fenced

HOA Fees

  • $28 Monthly HOA Fees

Parking

  • 2 Car Garage

Interior Spaces

  • 1,793 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Screened Porch
  • Washer

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Range
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

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

Eco-Friendly Details

  • Solar Water Heater
  • Smart Irrigation

Outdoor Features

  • In Ground Pool
  • Patio

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heat Pump System

Listing and Financial Details

  • Property Available on 4/1/24
  • The owner pays for grounds care, taxes

Community Details

Overview

  • Stratford Pointe Phase Two Association
  • Stratford Pointe Phase 2 Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Year Built

Built in 2002

Lot Details

0

HOA Fees

$28 per month

Parking

2

Rental Info

  • Furnished: Unfurnished
  • Lease Term: 12 Months
  • Owner Pays: Grounds Care, Taxes
  • Available Date: 2024-04-01

Listing Details

  • Property Type: Residential Lease
  • Year Built: 2002
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup
  • Reso Association Amenities: Pool
  • Subdivision Name: Stratford Pointe Phase 2
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Location Tax and Legal Elementary School: Meadowlane
  • Location Tax and Legal Middle School2: Central
  • Location Tax and Legal High School: Melbourne
  • General Property Information Living Area2: 1793.0
  • General Property Information Lot Size Acres: 0.14
  • General Property Information Waterfront YN: No
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: North
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Fencing Fenced2: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Washers: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Levels One: Yes
  • Pool Features In Ground: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • General Property Information Stories Total: 1
  • Smart Home Features Irrigation: Yes
  • Utilities Sewer Available: Yes
  • Pets Allowed No: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen, Kitchen Island, Open Floorplan, Primary Bathroom - Tub with Shower, Primary Bathroom -Tub with Separate Shower, Walk-In Closet(s)
  • Appliances: Dishwasher, Disposal, Electric Range, Ice Maker, Refrigerator, Solar Hot Water, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Open Floorplan: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Solar Hot Water: Yes

Exterior Features

  • Pool Features: In Ground
  • Fencing: Fenced
  • Acres: 0.14
  • Waterfront: No
  • Direction Faces: North
  • Patio And Porch Features: Patio, Screened
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Screened: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Garage
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Garage: Yes

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Sewer Available, Water Available
  • Heating: Central, Electric, Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Central: Yes
  • Heating:Electric3: Yes
  • Heating:Heat Pump: Yes

Condo/Co-op/Association

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

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: STRATFORD POINTE PHASE TWO
  • General Property Information:Association Fee: 330.0
  • General Property Information:Association Fee Frequency: Annually
  • Association Amenities:Pool3: Yes

Schools

  • Middle Or Junior School: Central

Lot Info

  • Lot Size Sq Ft: 6098.4
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Meadowlane
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2022
Closed on
Feb 18, 2022
Sold by
Lawrence Stoner Evan
Bought by
Tran Tuan Cong and Nguyen Thuyphuong Thi
Seller's Agent
Lien Nguyen
Red 275
Buyer's Agent
Lien Nguyen
Red 275
Sold Price
$2,200
Current Estimated Value
$358,443

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$356,243
Avg. Annual Appreciation
0.99%

Purchase Details

Listed on
Apr 7, 2017
Closed on
May 24, 2017
Sold by
Smith Mark C and Fried Smith Barbara J
Bought by
Stoner Evan Lawrence
Seller's Agent
Audra Farley
Coldwell Banker Paradise
Buyer's Agent
Betsy Buckley
EXIT 1st Class Realty
List Price
$224,900
Sold Price
$224,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.45%
Original Mortgage
$179,920
Interest Rate
3.97%

Purchase Details

Listed on
Jun 21, 2013
Closed on
Aug 9, 2013
Sold by
Reiss Edwin
Bought by
Smith Mark C and Smith Barbara J
Seller's Agent
Andy Waterman
Waterman Real Estate, Inc.
Buyer's Agent
Michelle Cohron
Indian River Realty
List Price
$159,900
Sold Price
$159,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.42%
Original Mortgage
$159,900
Interest Rate
4.39%

Purchase Details

Closed on
Apr 10, 2009
Sold by
Genna Gerald
Bought by
Reiss Edwin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,681
Interest Rate
5.05%

Purchase Details

Closed on
Jun 3, 2005
Sold by
Smith Gregory and Smith Ellezora
Bought by
Genna Gerald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,080
Interest Rate
6.25%

Purchase Details

Closed on
Dec 31, 2002
Sold by
Mercedes Homes Inc
Bought by
Smith Gregory and Smith Ellezora

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,600
Interest Rate
6.1%

Purchase Details

Closed on
Jul 19, 2002
Sold by
Stratford Pointe Dev Co
Bought by
Mercedes Homes Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Tran Tuan Cong $345,000 Heritage Title
Stoner Evan Lawrence $224,900 Alliance Title Ins Agency In
Smith Mark C $159,900 Prestige Title Brevard Llc
Reiss Edwin $128,000 Prestige Title Of Brevard Ll
Genna Gerald $252,600 Security First Title Partner
Smith Gregory $139,500 --
Mercedes Homes Inc -- --
Mercedes Homes Inc $23,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stoner Evan Lawrence $179,920
Previous Owner Smith Mark C $159,900
Previous Owner Reiss Edwin $125,681
Previous Owner Genna Gerald $202,080
Previous Owner Smith Gregory $111,600
Closed Genna Gerald $50,520
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/02/2024 04/02/24 Rented $2,200 0.0% --
03/26/2024 03/26/24 For Rent $2,200 0.0% --
04/01/2022 04/01/22 Rented $2,200 0.0% --
03/19/2022 03/19/22 Price Changed $2,200 -4.3% $1 / Sq Ft
03/18/2022 03/18/22 Price Changed $2,300 +4.5% $1 / Sq Ft
03/15/2022 03/15/22 Price Changed $2,200 -4.3% $1 / Sq Ft
03/10/2022 03/10/22 Price Changed $2,300 -4.2% $1 / Sq Ft
03/09/2022 03/09/22 Price Changed $2,400 -4.0% $1 / Sq Ft
03/08/2022 03/08/22 Price Changed $2,500 +8.7% $1 / Sq Ft
03/07/2022 03/07/22 For Rent $2,300 0.0% --
02/18/2022 02/18/22 Sold $345,000 0.0% $192 / Sq Ft View Prior Sale
01/28/2022 01/28/22 Pending -- -- --
01/23/2022 01/23/22 For Sale $345,000 +53.4% $192 / Sq Ft
05/24/2017 05/24/17 Sold $224,900 0.0% $125 / Sq Ft View Prior Sale
04/10/2017 04/10/17 Pending -- -- --
04/07/2017 04/07/17 For Sale $224,900 +40.7% $125 / Sq Ft
08/09/2013 08/09/13 Sold $159,900 0.0% $89 / Sq Ft View Prior Sale
06/29/2013 06/29/13 Pending -- -- --
06/13/2013 06/13/13 For Sale $159,900 -- $89 / 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 $4,318 $297,150 -- --
2024 $4,356 $307,980 -- --
2023 $4,356 $304,450 $80,000 $224,450
2022 $2,392 $199,490 $0 $0
2021 $2,507 $193,680 $0 $0
2020 $2,471 $191,010 $0 $0
2019 $2,476 $186,720 $0 $0
2018 $2,481 $183,240 $40,000 $143,240
2017 $264 $130,980 $0 $0
2016 $264 $128,290 $25,000 $103,290
2015 $264 $127,400 $25,000 $102,400
2014 $264 $125,270 $20,000 $105,270
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 1008848

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-37-18-02-00000.0-0026.00