NOT LISTED FOR SALE

1480 Roosevelt Ave Unit 401 Melbourne, FL 32901

Estimated Value: $264,795 - $388,000

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

Last Sold December 27, 2013

Last sale price $150,000 $124 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $2,171/month

130 Days on Market

Highlights

  • Intracoastal View
  • River Front
  • Community Pool
  • Melbourne Senior High School Rated A-
  • Open Floorplan
  • Balcony

About This Home

As of December 2013

Completely renovated from top to bottom condo in Melbourne! Community is tucked in alongside the Indian River. Beautiful views from living area and master bedroom. Granite countertops throughout w/ top of the line appliances. Just spent 15K in hurricane rated windows and sliders for the entire unit. This is a must see unit! Community pool / Gated/ and covered parking for owners. HOA includes: water / sewer/ outside building maint. and insurance / community pool / gate / & basic cable / and Elevator.

Last Agent to Sell the Property

Jason Bucci

CENTURY 21 Baytree Realty License #3045210 Listed on: 08/09/2013

CENTURY 21 Baytree Realty

Last Buyer's Agent

Kim Kenton

Waterman Real Estate, Inc. License #3239103

Waterman Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,031

Year Built

  • Built in 1987

Lot Details

  • River Front
  • West Facing Home

HOA Fees

  • $320 Monthly HOA Fees

Parking

  • 1 Carport Space

Property Views

  • Intracoastal
  • River

Home Design

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

Interior Spaces

  • 1,206 Sq Ft Home
  • 4-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Security Gate

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Dual Closets
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Balcony

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 28-37-11-01-000g1.0-0011.16

Community Details

Overview

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

Recreation

  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,031

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
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Road Surface Type: Asphalt
  • Reso View: River, Water, Intracoastal
  • Water Body Name: Indian River
  • ResoSecurityFeatures: Security Gate
  • Reso Association Amenities: Maintenance Grounds, Maintenance Structure, 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: 28-37-11-01-000g1.0-0011.16
  • 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: 1031.42
  • Location Tax and Legal Tax Year2: 2012
  • 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 Carport Spaces2: 1.0
  • 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
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Levels One: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Road Surface Type Asphalt: Yes
  • Roof:Shingle: Yes
  • Security Features Security Gate: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Flooring Carpet: Yes
  • General Property Information Carport YN2: Yes
  • Utilities Water Available: Yes
  • Pets Allowed Call: Yes
  • View Water3: Yes
  • Waterfront Features Waterfront Community: Yes
  • Room Types Laundry: Yes
  • General Property Information Stories Total: 4
  • View Intracoastal: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Interior Amenities: Ceiling Fan(s), His and Hers Closets, Open Floorplan, Split Bedrooms
  • Flooring: Carpet, Tile
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • 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
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:His and Hers Closets: Yes

Exterior Features

  • Exterior Features: Balcony
  • Pool Features: Community, Other
  • Roof: Shingle, Other
  • Acres: 0.06
  • Waterfront Features: River Front, Waterfront Community
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: West
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Exterior Features:Balcony: Yes
  • View:River: Yes
  • Waterfront Features:River Front: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Carport, Other
  • General Property Information:Garage YN: No
  • Parking Features:Carport: Yes
  • Parking Features:Other26: Yes

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Cable Available, Water Available
  • Heating: Central
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Central: 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 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 #: 28-37-11-01-000g1.0-0011.16
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 1031.42

MLS Schools

  • Elementary School: University Park
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 29, 2019
Sold by
Norman J Michalsen Living Trust
Bought by
Michalsen Kay Ellen
Current Estimated Value
$313,699

Purchase Details

Listed on
Aug 9, 2013
Closed on
Dec 30, 2013
Sold by
Noble Michael and Noble Michele
Bought by
Michalsen Norman J and The Norman J Michaelsen Living
Seller's Agent
Jason Bucci
CENTURY 21 Baytree Realty
Buyer's Agent
Kim Kenton
Waterman Real Estate, Inc.
List Price
$189,900
Sold Price
$150,000
Premium/Discount to List
-$39,900
-21.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.43%

Purchase Details

Closed on
Feb 26, 2013
Sold by
Noble Michael and Noble Michele
Bought by
Michalsen Norman J and The Norman J Michalsen Living

Purchase Details

Listed on
Mar 13, 2012
Closed on
Sep 6, 2012
Sold by
Austin Betty J
Bought by
Noble Michael and Noble Michele
Seller's Agent
Carolyn Smith
RE/MAX Olympic Realty
List Price
$132,900
Sold Price
$130,500
Premium/Discount to List
-$2,400
-1.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.90%
Original Mortgage
$55,000
Interest Rate
3.58%

Purchase Details

Closed on
Oct 10, 2002
Sold by
Parsons Sherry L
Bought by
Austin Betty J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.21%

Purchase Details

Closed on
Jul 21, 1993
Sold by
Parsons Sherry L
Bought by
Crossland Mtg Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,300
Interest Rate
7.39%
Source: Public Records

Range of Values:

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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
Michalsen Kay Ellen -- Attorney
Michalsen Norman J $150,000 Prestige Title Brevard Llc
Michalsen Norman J -- Prestige Title Brevard Llc
Noble Michael $130,500 Alliance Title Insurance Age
Austin Betty J $107,000 --
Crossland Mtg Corp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Noble Michael $55,000
Previous Owner Austin Betty J $75,000
Previous Owner Crossland Mtg Corp $64,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/27/2013 12/27/13 Sold $150,000 -21.0% $124 / Sq Ft
12/16/2013 12/16/13 Pending -- -- --
08/08/2013 08/08/13 For Sale $189,900 +45.5% $157 / Sq Ft
09/06/2012 09/06/12 Sold $130,500 -1.8% $108 / Sq Ft View Prior Sale
07/14/2012 07/14/12 Pending -- -- --
03/13/2012 03/13/12 For Sale $132,900 -- $110 / 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 $2,503 $192,140 -- --
2024 $2,436 $186,730 -- --
2023 $2,436 $181,300 $0 $0
2022 $2,353 $176,020 $0 $0
2021 $2,380 $170,900 $0 $170,900
2020 $2,395 $170,900 $0 $170,900
2019 $3,281 $170,900 $0 $170,900
2018 $2,800 $148,820 $0 $148,820
2017 $2,564 $126,520 $0 $126,520
2016 $2,517 $122,340 $0 $0
2015 $2,310 $104,560 $0 $0
2014 $2,297 $104,560 $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: 675065

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-37-11-01-000G1.0-0011.16