NOT LISTED FOR SALE

1523 Albert Dr Melbourne, FL 32935

Estimated Value: $230,348 - $291,000

4 Beds
2 Baths
1,328 Sq Ft
$204/Sq Ft Est. Value

Last Sold December 14, 2012

Last sale price $84,000 $63 Per Sq Ft

Est. 222% increase in value since last sale

Current estimated payment $1,726/month

71 Days on Market

Highlights

  • Sun or Florida Room
  • No HOA
  • Eat-In Kitchen
  • Corner Lot
  • Screened Porch
  • Tile Flooring

About This Home

As of December 2012

Can you say Completely Updated? This one''s a 4 BR, 2 Ba Home in Melbourne. Close to Shopping, Restaurants, Schools. Which is what you need right? Add to your favorites, and schedule a showing. You''ll think to yourself ''''Whoa, i''m glad I saw that one -- it was definitely better than I expected''''

Last Agent to Sell the Property

John Brower

Buyers & Sellers Advg. Realty License #377461 Listed on: 09/25/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $975

Year Built

  • Built in 1962

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 100 x 85
  • South Facing Home
  • Corner Lot

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,328 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Family Room
  • Sun or Florida Room
  • Screened Porch

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Schools

  • Sabal Elementary School
  • Johnson Middle School
  • Eau Gallie High School

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Leewood Forest Sec 5 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 273718530000Q0002800

Home Details

Home Type

Single Family

Est. Annual Taxes

$975

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1962
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Corner Lot
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Leewood Forest Sec 5
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 273718530000Q0002800
  • Location Tax and Legal Elementary School: Sabal
  • Location Tax and Legal Middle School2: Johnson
  • Location Tax and Legal High School: Eau Gallie
  • Location Tax and Legal Tax Annual Amount: 975.2
  • Location Tax and Legal Tax Year2: 2012
  • General Property Information Living Area2: 1328.0
  • General Property Information Lot Size Acres: 0.2
  • General Property Information Lot Size Square Feet2: 8712.0
  • 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: South
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Levels One: Yes
  • Roof:Shingle: Yes
  • Flooring Carpet: Yes
  • General Property Information Carport YN2: No
  • Room Types Family Room: Yes
  • Room Types Florida Room: Yes
  • General Property Information Lot Size Dimensions: 100 x 85
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen, Primary Bathroom - Tub with Shower, Primary Downstairs
  • Flooring: Carpet, Tile
  • Appliances: Dishwasher, Electric Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Interior Features:Primary Downstairs: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Ceiling Fan(s): Yes

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Acres: 0.2
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: South
  • 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
  • Lot Features:Corner Lot: Yes

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

  • Cooling: Central Air
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: Johnson

Lot Info

  • Lot Dimensions: 100 x 85
  • Lot Size Sq Ft: 8712.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 273718530000Q0002800
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 975.2

MLS Schools

  • Elementary School: Sabal
  • High School: Eau Gallie

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 21, 2024
Sold by
Principe Michael W
Bought by
Principe Florida Real Estate Trust
Current Estimated Value
$270,337

Purchase Details

Closed on
Dec 9, 2016
Sold by
The Viera Company Cn
Bought by
Viera Builders Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000,000
Interest Rate
3.47%

Purchase Details

Closed on
Dec 3, 2016
Sold by
Principe Wayne Matthew
Bought by
Principe Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000,000
Interest Rate
3.47%

Purchase Details

Listed on
Sep 25, 2012
Closed on
Dec 14, 2012
Sold by
Alpha Invest Llc
Bought by
Principe Wayne Matthew
Seller's Agent
John Brower
Buyers & Sellers Advg. Realty
List Price
$91,500
Sold Price
$84,000
Premium/Discount to List
-$7,500
-8.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.42%

Purchase Details

Closed on
Sep 18, 2009
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Alpha Invest Llc

Purchase Details

Closed on
Aug 8, 2009
Sold by
Property Solutions Of Brevard Llc
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Dec 13, 2007
Sold by
Micheletti Patrick M
Bought by
Property Solutions Of Brevard Llc

Purchase Details

Closed on
Sep 28, 2007
Sold by
Micheletti Patrick M
Bought by
Property Solutions Of Brevard Inc

Purchase Details

Closed on
Dec 7, 2006
Sold by
Paladino Christopher M
Bought by
Micheletti Patrick M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,200
Interest Rate
5.5%

Purchase Details

Closed on
Feb 22, 2006
Sold by
Kugust Kenneth G
Bought by
Paladino Christopher M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,400
Interest Rate
6.08%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Principe Florida Real Estate Trust $100 None Listed On Document
Viera Builders Inc -- Attorney
Principe Barbara -- Attorney
Principe Wayne Matthew $84,000 Countywide Title & Escrow Co
Alpha Invest Llc $52,500 Attorney
Federal Home Loan Mortgage Corp -- Attorney
Property Solutions Of Brevard Llc -- Supreme Title & Escrow Inc
Property Solutions Of Brevard Inc -- Supreme Title
Micheletti Patrick M $184,000 Multiple
Paladino Christopher M $143,000 Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Viera Builders Inc $20,000,000
Previous Owner Micheletti Patrick M $147,200
Previous Owner Paladino Christopher M $114,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2012 12/14/12 Sold $84,000 -8.2% $63 / Sq Ft
12/05/2012 12/05/12 Pending -- -- --
09/25/2012 09/25/12 For Sale $91,500 -- $69 / 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 $3,648 $202,690 -- --
2024 $3,515 $205,030 -- --
2023 $3,515 $209,660 $76,000 $133,660
2022 $3,212 $206,610 $0 $0
2021 $2,880 $154,240 $60,000 $94,240
2020 $2,720 $144,530 $55,000 $89,530
2019 $2,603 $132,930 $45,000 $87,930
2018 $2,514 $131,370 $45,000 $86,370
2017 $2,305 $111,570 $35,000 $76,570
2016 $1,792 $83,400 $24,000 $59,400
2015 $1,579 $67,080 $22,190 $44,890
2014 $1,488 $64,300 $17,210 $47,090
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 650517

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-37-18-53-0000Q.0-0028.00