NOT LISTED FOR SALE

1507 Norman Dr Melbourne, FL 32901

Estimated Value: $284,000 - $307,266

3 Beds
2 Baths
1,565 Sq Ft
$190/Sq Ft Est. Value

Last Sold August 24, 2021

Last sale price $250,000 $160 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $1,845/month

14 Days on Market

Highlights

  • No HOA
  • Hurricane or Storm Shutters
  • Breakfast Bar
  • 2 Car Detached Garage
  • Walk-In Closet
  • 5-minute walk to Magnolia Manor Park

About This Home

As of August 2021

NEW, NEW, NEW! Come check out this completely remodeled 3 bedroom, 2 bath home! Everything from top to bottom has been redone including all new PVC plumbing, CPVC waterlines, a complete rewire with new panel and service meter, brand new roof on both the house and the oversized 600 sqft detached garage, new windows with shutters and everything cosmetic inside! With an oversized yard and outside sitting area, this cute little house sits snuggled in a quite neighborhood close to all shopping with easy access to US1 and I-95.

Last Agent to Sell the Property

Lindsey Zalnoski

Waterman Real Estate Inc. License #3320794 Listed on: 07/06/2021

Waterman Real Estate Inc.

Last Buyer's Agent

Crystal Cooper

RE/MAX Aerospace Realty License #3431554

RE/MAX Aerospace Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $402

Year Built

  • Built in 1952

Lot Details

  • 0.26 Acre Lot
  • West Facing Home

Parking

  • 2 Car Detached Garage

Home Design

  • Shingle Roof
  • Membrane Roofing
  • Asphalt
  • Stucco

Interior Spaces

  • 1,565 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Family Room
  • Living Room

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Outdoor Features

  • Patio

Schools

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

Utilities

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

Community Details

  • No Home Owners Association
  • Magnolia Park Replat Association
  • Magnolia Park Replat Subdivision

Listing and Financial Details

  • Assessor Parcel Number 28-37-04-26-00007.0-0015.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$402

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1952
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Road Surface Type: Asphalt
  • ResoSecurityFeatures: Smoke Detector(s)
  • ResoSpecialListingConditions: Equitable Interest, Standard
  • Subdivision Name: Magnolia Park Replat
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 28-37-04-26-00007.0-0015.00
  • 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: 402.49
  • Location Tax and Legal Tax Year2: 2020
  • General Property Information Living Area2: 1565.0
  • General Property Information Building Area Total3: 1580.0
  • General Property Information Lot Size Acres: 0.26
  • General Property Information Lot Size Square Feet2: 11326.0
  • General Property Information New Construction YN: No
  • General Property Information Waterfront YN: No
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: West
  • Appliances Microwave: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Flooring Laminate: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Levels One: Yes
  • Pets Allowed Yes: Yes
  • Road Surface Type Asphalt: Yes
  • Roof:Shingle: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • Room Types Family Room: Yes
  • Room Types Laundry: Yes
  • Room Types Living Room: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Pantry, Primary Bathroom - Tub with Shower, Walk-In Closet(s)
  • Flooring: Laminate, Tile
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Ice Maker, Microwave
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Walk-In Closet(s): Yes

Exterior Features

  • Exterior Features: Storm Shutters
  • Pool Features: None
  • Roof: Membrane, Shingle
  • Acres: 0.26
  • Waterfront: No
  • Construction Type: Fiber Cement, Stucco
  • Direction Faces: West
  • Patio And Porch Features: Patio
  • Construction Materials:Stucco: Yes
  • Patio And Porch Features:Patio: Yes
  • Exterior Features:Storm Shutters: Yes
  • ConstructionSiding:Roof Membrane: Yes
  • Construction Materials:Fiber Cement: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Cable Available
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Name: MAGNOLIA PARK REPLAT
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No
  • General Property Information:Association Name: MAGNOLIA PARK REPLAT

Schools

  • Middle Or Junior School: Stone

Lot Info

  • Lot Size Sq Ft: 11326.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 28-37-04-26-00007.0-0015.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 402.49

MLS Schools

  • Elementary School: University Park
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2021
Closed on
Aug 24, 2021
Sold by
The 8 Fund Llc
Bought by
Kimmel Kraig Robert and Kimmel Rebecca L
Seller's Agent
Lindsey Zalnoski
Waterman Real Estate Inc.
Buyer's Agent
Crystal Cooper
RE/MAX Aerospace Realty
List Price
$249,900
Sold Price
$250,000
Premium/Discount to List
$100
0.04%
Current Estimated Value
$297,067

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,067
Avg. Annual Appreciation
4.03%
Original Mortgage
$237,500
Outstanding Balance
$215,307
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$81,760

Purchase Details

Closed on
Oct 16, 2020
Sold by
Goodwin Betty H and Goodwin Betty H
Bought by
8 Fund A Florida Llc

Purchase Details

Closed on
Oct 20, 2008
Sold by
Goodwin Betty H
Bought by
Goodwin Betty H and The Betty H Goodwin Revocable
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kimmel Kraig Robert $250,000 Sunbelt Title Agency
8 Fund A Florida Llc $65,000 Title Solutions Of Fl Llc Mi
Fund $65,000 New Title Company Name
Goodwin Betty H -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kimmel Kraig Robert $237,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/24/2021 08/24/21 Sold $250,000 0.0% $160 / Sq Ft
07/10/2021 07/10/21 Pending -- -- --
07/06/2021 07/06/21 For Sale $249,900 0.0% $160 / Sq Ft
07/05/2021 07/05/21 Pending -- -- --
07/03/2021 07/03/21 For Sale $249,900 0.0% $160 / Sq Ft
06/29/2021 06/29/21 Pending -- -- --
06/26/2021 06/26/21 For Sale $249,900 -- $160 / 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 $3,507 $244,600 -- --
2024 $3,426 $237,710 -- --
2023 $3,426 $230,790 $0 $0
2022 $3,221 $224,070 $0 $0
2021 $1,957 $103,010 $50,000 $53,010
2020 $402 $46,400 $0 $0
2019 $399 $45,360 $0 $0
2018 $391 $44,520 $0 $0
2017 $384 $43,610 $0 $0
2016 $385 $42,720 $30,000 $12,720
2015 $388 $42,430 $25,000 $17,430
2014 $378 $42,100 $20,000 $22,100
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 908804

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-37-04-26-00007.0-0015.00