NOT LISTED FOR SALE

1480 Roosevelt Ave Unit 103 Melbourne, FL 32901

Estimated Value: $258,677 - $348,000

3 Beds
2 Baths
1,206 Sq Ft
$370/mo HOA Fee

Last Sold January 11, 2019

Last sale price $169,400 $140 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $2,232/month

14 Days on Market

Highlights

  • River View
  • Screened Porch
  • Elevator
  • Melbourne Senior High School Rated A-
  • Community Pool
  • Balcony

About This Home

As of January 2019

Must See! Stunning Indian River View! Unit FURNISHED ($1,500.00) OR UNFURNISHED ($1,600.00): 3 bedroom, 2 bath, 1st floor condo. Beautiful kitchen with breakfast bar, stainless appliances & granite counter tops. Spacious living - dining area. Large master bedroom with his & her closets. In unit laundry. Screened patio. 1 car carport (R) & open parking. Gated community with pool. Near downtown Melbourne & minutes to the beach!

Last Agent to Sell the Property

Karen D'Alberto

Realty World Curri Properties License #3262751 Listed on: 12/07/2018

Last Buyer's Agent

Louie Polsinelli

D. Basile Real Estate, LLC License #3030685

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,175

Year Built

  • Built in 1987

Lot Details

  • River Front
  • West Facing Home

HOA Fees

  • $370 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,206 Sq Ft Home
  • 4-Story Property
  • Ceiling Fan
  • Screened Porch
  • River Views
  • Security Gate

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Covered Parking
  • Guest Parking

Outdoor Features

  • Balcony
  • Patio

Schools

  • University Park Elementary School
  • Stone Middle School
  • Melbourne High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 28-37-11-01-000g1.0-0011.03

Community Details

Overview

  • Association fees include cable TV, sewer, trash, water
  • Towers Management Group 321 Association
  • River Oaks Condo Subdivision
  • Maintained Community

Recreation

  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed

Additional Features

  • Elevator
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,175

Year Built

Built in 1987

Lot Details

0

HOA Fees

$370 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1987
  • Reso Property Sub Type: Condominium
  • Road Surface Type: Asphalt
  • Reso View: River, Water
  • Water Body Name: Indian River
  • ResoSecurityFeatures: Security Gate, Smoke Detector(s)
  • Reso Association Amenities: Elevator(s), Maintenance Grounds, Management - Full Time, Management - Off Site
  • Reso Association Fee Includes: Cable TV, Sewer, Trash, Water
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: River Oaks Condo
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 28-37-11-01-000g1.0-0011.03
  • Location Tax and Legal Elementary School: University Park
  • Location Tax and Legal Middle School2: Stone
  • Location Tax and Legal High School: Melbourne
  • Location Tax and Legal Tax Annual Amount: 1175.37
  • Location Tax and Legal Tax Year2: 2018
  • General Property Information Living Area2: 1206.0
  • General Property Information Lot Size Acres: 0.06
  • General Property Information Lot Size Square Feet2: 2614.0
  • 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: West
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Flooring Tile: Yes
  • General Property Information Community Fee(s) YN: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Levels One: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Road Surface Type Asphalt: Yes
  • Security Features Security Gate: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Flooring Carpet: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • Pets Allowed Call: Yes
  • View Water3: Yes
  • Waterfront Features Waterfront Community: Yes
  • General Property Information Stories Total: 4
  • General Property Information Association Phone: 733-3382
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Interior Amenities: Ceiling Fan(s), Split Bedrooms
  • Flooring: Carpet, Tile
  • Appliances: Dishwasher, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 4
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Pool Features:Community: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Split Bedrooms: Yes

Exterior Features

  • Exterior Features: Balcony
  • Pool Features: Community
  • Roof: Metal
  • Acres: 0.06
  • Waterfront Features: River Front, Waterfront Community
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: West
  • 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
  • Exterior Features:Balcony: Yes
  • ConstructionSiding:Roof Metal: Yes
  • View:River: Yes
  • Waterfront Features:River Front: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Covered, Guest
  • General Property Information:Garage YN: No
  • Parking Features:Covered: Yes
  • Parking Features:Guest: 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: 370.0
  • Association Fee Frequency: Monthly
  • Association Name: TOWERS MANAGEMENT GROUP 321
  • Phone: 733-3382
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: TOWERS MANAGEMENT GROUP 321
  • General Property Information:Association Fee: 370.0
  • General Property Information:Association Fee Frequency: Monthly
  • Association Fee Includes:Cable TV: Yes
  • Association Fee Includes:Water: Yes
  • Association Amenities:Elevator(s): Yes
  • Association Fee Includes:Sewer: Yes
  • Association Fee Includes:Trash: Yes

Schools

  • Middle Or Junior School: Stone

Lot Info

  • Lot Size Sq Ft: 2614.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 28-37-11-01-000g1.0-0011.03
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 1175.37

MLS Schools

  • Elementary School: University Park
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 7, 2024
Sold by
Cheatham Jonathan Wesley
Bought by
Jonathan Wesley Cheatham Living Trust and Cheatham
Current Estimated Value
$293,419

Purchase Details

Listed on
Dec 7, 2018
Closed on
Jan 11, 2019
Sold by
Glezen Saundra C
Bought by
Cheatham Jonathan W
Seller's Agent
Karen D'Alberto
Realty World Curri Properties
Buyer's Agent
Louie Polsinelli
D. Basile Real Estate, LLC
List Price
$180,000
Sold Price
$169,400
Premium/Discount to List
-$10,600
-5.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.41%

Purchase Details

Listed on
Oct 8, 2012
Closed on
Dec 4, 2012
Sold by
Wells Fargo Bank Na
Bought by
Glezen Saundra C
Seller's Agent
Gene Collins
Collins And Assoc. R.E.
List Price
$95,000
Sold Price
$95,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.93%
Original Mortgage
$90,250
Interest Rate
3.44%

Purchase Details

Closed on
Apr 9, 2012
Sold by
Appearance Plus Inc
Bought by
Wachovia Mortgage Fsb and Wells Fargo Bank Na

Purchase Details

Closed on
Nov 22, 2002
Sold by
Kelley Byron C
Bought by
Patrick Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,600
Interest Rate
6.3%

Purchase Details

Closed on
May 30, 2001
Sold by
Smathers Keener and Smathers Joan
Bought by
Kelley Byron C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,800
Interest Rate
7.11%

Purchase Details

Closed on
Jan 4, 1999
Sold by
Werner Edward and Werner Frances
Bought by
Smathers Keener and Smathers Joan
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
Jonathan Wesley Cheatham Living Trust $100 Equitable Title
Cheatham Jonathan W $169,400 Supreme Title Closings Llc
Glezen Saundra C $95,000 Attorney
Wachovia Mortgage Fsb -- None Available
Patrick Michael $103,000 --
Kelley Byron C $82,000 --
Smathers Keener $42,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Glezen Saundra C $90,250
Previous Owner Patrick Michael $93,600
Previous Owner Kelley Byron C $73,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/18/2024 11/18/24 Off Market $1,500 -- --
01/11/2019 01/11/19 Sold $169,400 -5.9% $140 / Sq Ft
12/21/2018 12/21/18 Pending -- -- --
12/07/2018 12/07/18 For Sale $180,000 0.0% $149 / Sq Ft
06/15/2018 06/15/18 Rented $1,500 0.0% --
06/05/2018 06/05/18 Rented $1,500 0.0% --
06/05/2018 06/05/18 For Rent $1,500 0.0% --
12/04/2012 12/04/12 Sold $95,000 0.0% $79 / Sq Ft View Prior Sale
11/01/2012 11/01/12 Pending -- -- --
10/08/2012 10/08/12 For Sale $95,000 -- $79 / 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 $3,917 $234,050 -- --
2024 $3,429 $242,530 -- --
2023 $3,429 $192,340 $0 $192,340
2022 $3,505 $254,520 $0 $0
2021 $2,939 $159,520 $0 $159,520
2020 $2,956 $159,570 $0 $159,570
2019 $1,186 $101,490 $0 $0
2018 $1,175 $99,600 $0 $0
2017 $1,169 $97,560 $0 $0
2016 $1,189 $95,560 $0 $0
2015 $1,211 $94,900 $0 $0
2014 $1,191 $94,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 831461

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-37-11-01-000G1.0-0011.03