NOT LISTED FOR SALE

150 Melbourne Ave Merritt Island, FL 32953

Estimated Value: $312,476 - $376,000

4 Beds
2 Baths
1,579 Sq Ft
$216/Sq Ft Est. Value

Last Sold March 21, 2014

Last sale price $122,000 $77 Per Sq Ft

Est. 179% increase in value since last sale

Current estimated payment $2,209/month

About This Home

As of March 2014

AVAILABLE NOW!!! with LAWN MAINTENANCE INCLUDED!!! This Updated 4 Bedroom, 2 Bath, 1 Car Garage features a SPLIT FLOOR PLAN w/ Tile throughout kitchen, bathrooms and living areas, bedrooms are carpeted. HOME IS CLEAN, CLEAN, CLEAN! Well Maintained! Kitchen has been updated with SS APPLIANCES, Cherry Cabinets and Tiled Backsplash. Master Suite features a WALK-IN CLOSET for HIM and a HUGE WALK-IN CLOSET for HER! Bathrooms updated as well. Upgraded Light Fixtures and Remote Ceiling Fans throughout. Outside features a HUGE FENCED BACK YARD & TILED SCREENED IN PORCH. Excellent location! A Rated School Zone. Near shopping and schools. 15 minutes to Beaches. 45 minutes to Orlando. Home is Professionally Managed & Maintained. SEE IT TODAY!!!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2013
Closed on
Mar 21, 2014
Sold by
Tucker Debra
Bought by
Pereira Nelson V
Seller's Agent
Chantal Conklin
Florida Oasis Realty
Buyer's Agent
Rick Silva
Pytha Realty Group
List Price
$139,900
Sold Price
$122,000
Premium/Discount to List
-$17,900
-12.79%
Current Estimated Value
$340,869

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$218,869
Avg. Annual Appreciation
8.93%
Original Mortgage
$97,600
Outstanding Balance
$76,005
Interest Rate
4.3%
Estimated Equity
$242,211

Purchase Details

Listed on
Sep 26, 2012
Closed on
Jun 7, 2013
Sold by
Kumher Michael D and Kumher Amanda B
Bought by
Tucker Debra
Seller's Agent
Daniel Barber
RE/MAX Absolute Service Team
Buyer's Agent
Chantal Conklin
Florida Oasis Realty
List Price
$89,900
Sold Price
$67,000
Premium/Discount to List
-$22,900
-25.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
113.54%

Purchase Details

Closed on
Jun 22, 2006
Sold by
Rmb Investment Group Inc
Bought by
Kumher Michael D and Kumher Amanda B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
8.25%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Oct 10, 2005
Sold by
Lewis Thomas N
Bought by
Home Ventures Real Estate Group Inc

Purchase Details

Closed on
Aug 26, 1997
Sold by
Capponi Peter
Bought by
Lewis Thomas N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,800
Interest Rate
7.52%

Purchase Details

Closed on
Jan 23, 1997
Sold by
Housing & Urban Dev
Bought by
Capponi Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,384
Interest Rate
7.77%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Pereira Nelson V $122,000 Island Title & Escrow Agency
Tucker Debra $67,000 Security First Title & Escro
Kumher Michael D $187,500 Southern Title Hldg Co Llc
Home Ventures Real Estate Group Inc $150,000 --
Lewis Thomas N $73,500 --
Capponi Peter $57,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pereira Nelson V $97,600
Previous Owner Kumher Michael D $150,000
Previous Owner Lewis Thomas N $69,800
Previous Owner Capponi Peter $67,384
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2024 11/18/24 Off Market $1,625 -- --
08/10/2018 08/10/18 Rented $1,625 0.0% --
07/29/2018 07/29/18 Rented $1,625 0.0% --
07/29/2018 07/29/18 For Rent $1,625 +2.5% --
07/01/2017 07/01/17 Rented $1,585 0.0% --
06/12/2017 06/12/17 Under Contract -- -- --
05/22/2017 05/22/17 For Rent $1,585 +29.4% --
05/08/2014 05/08/14 For Rent $1,225 0.0% --
05/08/2014 05/08/14 Rented $1,225 0.0% --
03/21/2014 03/21/14 Sold $122,000 -12.8% $77 / Sq Ft
02/18/2014 02/18/14 Pending -- -- --
11/05/2013 11/05/13 For Sale $139,900 +108.8% $89 / Sq Ft
06/07/2013 06/07/13 Sold $67,000 -25.5% $42 / Sq Ft
10/04/2012 10/04/12 Pending -- -- --
09/25/2012 09/25/12 For Sale $89,900 -- $57 / Sq Ft

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 $3,551 $265,490 $0 $0
2022 $3,143 $241,930 $0 $0
2021 $2,949 $190,350 $85,000 $105,350
2020 $2,720 $171,580 $65,000 $106,580
2019 $2,621 $171,390 $61,000 $110,390
2018 $2,445 $150,940 $46,000 $104,940
2017 $2,295 $131,800 $42,000 $89,800
2016 $2,161 $113,960 $28,000 $85,960
2015 $2,035 $99,460 $22,000 $77,460
2014 $1,722 $78,760 $20,000 $58,760
Source: Public Records

Agents Affiliated with this Home

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