NOT LISTED FOR SALE

1480 Roosevelt Ave Unit 305 Melbourne, FL 32901

Estimated Value: $257,377 - $350,000

3 Beds
2 Baths
1,206 Sq Ft
$320/mo HOA Fee

Last Sold October 26, 2015

Last sale price $151,500 $126 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $2,251/month

5 Days on Market

Highlights

  • In Ground Pool
  • The property is located in a historic district
  • Open Floorplan
  • Melbourne Senior High School Rated A-
  • River View
  • Screened Porch

About This Home

As of October 2015

Under contract please show for backup!Don't miss this opportunity to enjoy waterfront living at an affordable price. Enjoy sunrises and dolphins playing as you relax on your balcony overlooking the Indian River. 3rd Floor corner unit offers awesome views. Beautiful tile throughout. Master bedroom features water views - sliders to balcony - super spacious bathroom, double vanities, tub/shower & ample closet space. Kitchen with stainless appliances & pass thru to the living room which overlooks the water. Separate dining area. River Oaks is a quiet setting among majestic oaks & Florida Palm trees. Hidden along the river shore & very close to downtown Melbourne, Hospital, Medical facilities, & just 15 minutes to the beach. This unit may not be rented -

Last Agent to Sell the Property

Tracy Warren

Blue View Realty, LLC License #628916 Listed on: 09/04/2015

Blue View Realty, LLC

Last Buyer's Agent

Tammy McClure

Hoven Real Estate License #463787

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,320

Year Built

  • Built in 1987

Lot Details

  • 2,614

HOA Fees

  • $320 Monthly HOA Fees

Home Design

  • Concrete Siding
  • Block Exterior
  • Asphalt
  • Stucco

Interior Spaces

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

Kitchen

  • Electric Range
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • In-Law or Guest Suite
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 1 Carport Space
  • Guest Parking
  • Assigned Parking

Schools

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

Utilities

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

Additional Features

  • In Ground Pool
  • River Front
  • The property is located in a historic district

Listing and Financial Details

  • Assessor Parcel Number 28-37-11-01-000g1.0-0011.15

Community Details

Overview

  • Association fees include cable TV, insurance, sewer, trash, water
  • River Oaks Condo Subdivision
  • Maintained Community

Amenities

  • Elevator

Recreation

  • Community Pool

Pet Policy

  • Limit on the number of pets

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,320

Year Built

Built in 1987

Lot Details

0

HOA Fees

$320 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1987
  • Reso Property Sub Type: Condominium
  • ResoLotFeatures: Historic Area
  • Road Surface Type: Asphalt
  • Reso View: River, Water
  • Water Body Name: Indian River
  • ResoSecurityFeatures: Security Gate
  • Reso Association Amenities: Elevator(s), Maintenance Grounds, Management - Full Time
  • Reso Association Fee Includes: Cable TV, Insurance, Sewer, Trash, Water
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: River Oaks Condo
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 28-37-11-01-000g1.0-0011.15
  • 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: 1320.0
  • Location Tax and Legal Tax Year2: 2015
  • General Property Information Living Area2: 1206.0
  • General Property Information Building Area Total3: 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 Carport Spaces2: 1.0
  • General Property Information Waterfront YN: Yes
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: Southwest
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Levels One: Yes
  • Pool Features In Ground: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Road Surface Type Asphalt: Yes
  • Security Features Security Gate: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • General Property Information Carport YN2: Yes
  • Pets Allowed Number Limit: Yes
  • Utilities Water Available: Yes
  • View Water3: Yes
  • General Property Information Stories Total: 4
  • Interior Features Guest Suite: Yes
  • Lot Features Historic Area: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Interior Amenities: Ceiling Fan(s), Guest Suite, Open Floorplan, Primary Bathroom - Tub with Shower, Split Bedrooms
  • Flooring: Tile
  • Appliances: Dishwasher, Dryer, Electric Range, Electric Water Heater, Ice Maker, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 4
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Open Floorplan: Yes
  • Pool Features:Community: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Split Bedrooms: Yes

Exterior Features

  • Pool Features: Community, In Ground
  • Roof: Other
  • Acres: 0.06
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: Southwest
  • Patio And Porch Features: Porch, Screened
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • View:River: Yes
  • Waterfront Features:River Front: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Assigned, Carport, Guest
  • General Property Information:Garage YN: No
  • Parking Features:Carport: Yes
  • Parking Features:Guest: Yes
  • Parking Features:Assigned: 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: 320.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 320.0
  • General Property Information:Association Fee Frequency: Monthly
  • Association Fee Includes:Cable TV: Yes
  • Association Fee Includes:Insurance: 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 #: 28-37-11-01-000g1.0-0011.15
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 1320.0

MLS Schools

  • Elementary School: University Park
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2015
Closed on
Oct 26, 2015
Sold by
Murray Kristin A
Bought by
Estrada Osvaldo and Estrada Ligia
Seller's Agent
Tracy Warren
Blue View Realty, LLC
Buyer's Agent
Tammy McClure
Hoven Real Estate
List Price
$157,900
Sold Price
$151,500
Premium/Discount to List
-$6,400
-4.05%
Current Estimated Value
$303,094

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,594
Avg. Annual Appreciation
7.17%
Original Mortgage
$120,000
Outstanding Balance
$94,832
Interest Rate
3.93%
Mortgage Type
New Conventional
Estimated Equity
$208,262

Purchase Details

Closed on
Oct 25, 2011
Sold by
Gray Gail Fait
Bought by
Murray Kristin A

Purchase Details

Closed on
Jan 22, 1997
Sold by
Manley Michael A and Manley Amy Adele
Bought by
Gray Gail Faith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,000
Interest Rate
7.56%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Estrada Osvaldo $151,500 Supreme Title Solutions Llc
Murray Kristin A $125,000 Professional Title
Gray Gail Faith $68,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Estrada Osvaldo $120,000
Previous Owner Gray Gail Faith $51,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/26/2015 10/26/15 Sold $151,500 -4.1% $126 / Sq Ft
09/10/2015 09/10/15 Pending -- -- --
09/04/2015 09/04/15 For Sale $157,900 -- $131 / 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 $4,138 $247,150 -- --
2024 $3,641 $255,640 -- --
2023 $3,641 $205,470 $0 $0
2022 $3,692 $267,680 $0 $0
2021 $3,101 $168,520 $0 $168,520
2020 $3,093 $168,600 $0 $168,600
2019 $3,018 $168,670 $0 $168,670
2018 $2,769 $147,220 $0 $147,220
2017 $2,535 $125,060 $0 $125,060
2016 $2,590 $120,950 $0 $0
2015 $1,385 $103,510 $0 $0
2014 $2,274 $103,510 $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: 734230

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-37-11-01-000G1.0-0011.15