L
Seller's Agent in 2022
Laura Boles
Blue Marlin Real Estate
1551 Avocado Ave Melbourne, FL 32935
Estimated Value: $346,000 - $692,000
3
Beds
2
Baths
1,882
Sq Ft
$267/Sq Ft
Est. Value
Highlights
- The property is located in a historic district
- No HOA
- 1-Story Property
About This Home
As of April 20223 units in the EGAD Art District!! 1549, 1551, and 1555 Avocado Avenue. Duplex and one detached building. Potential for Zoning to allow for property owner to run art industry business from property must be approved by EGAD. 3 units are 2/1 unit, with screened porch & 1/1 and detached building is 1/1 unit. Both Properties back up to a private alleyway. Please do not disturb tenants. All utilities are separated per units and paid by tenants. Washer and dryer hook ups for each unit. AC is in 1561 1559 and 1551 All new central ACs in and out in the 3 years. Water heaters in all units are newer. Roof on 1555 is 2 years old. Adjacent duplex 1561 & 1559 avocado must be purchased with these three units. Will NOT separate properties.
Last Agent to Sell the Property
Laura Boles
Blue Marlin Real Estate Listed on: 02/17/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,910
Year Built
- Built in 1950
Lot Details
- 8,712
Home Design
- Duplex
- Shingle Roof
- Concrete Siding
- Block Exterior
Interior Spaces
- 1,882 Sq Ft Home
- 1-Story Property
- Electric Range
- Electric Dryer Hookup
Schools
- Creel Elementary School
- Johnson Middle School
- Eau Gallie High School
Additional Features
- 8,712 Sq Ft Lot
- The property is located in a historic district
- Cable TV Available
Community Details
- No Home Owners Association
- 3 Units
- Village Plat Of Eau Gallie Subdivision
Listing and Financial Details
- The owner pays for grounds care, repairs
- Assessor Parcel Number 27-37-16-25-00026.0-0007.00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 17, 2022
Closed on
Apr 19, 2022
Sold by
Susan L Wright Revocable Living Trust
Bought by
Winter Sky Investments Llc
Seller's Agent
Laura Boles
Blue Marlin Real Estate
Buyer's Agent
Jeffrey Richardson
Coldwell Banker Paradise
List Price
$499,000
Sold Price
$449,000
Premium/Discount to List
-$50,000
-10.02%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,315
Avg. Annual Appreciation
2.95%
Purchase Details
Closed on
Nov 16, 2016
Sold by
Wills Paul M and Wright Susan L
Bought by
Wright Susan L
Purchase Details
Closed on
Nov 1, 2016
Bought by
Livin Susan L Wright Revocable
Purchase Details
Closed on
Jun 12, 2003
Sold by
Caracelo Donald T and Caracelo Pamela A
Bought by
Wills Paul M and Wills Susan W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,925
Interest Rate
5.56%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 1, 2001
Sold by
Hottel David G
Bought by
Caracelo Donald T and Caracelo Pamela A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
7.05%
Mortgage Type
Purchase Money Mortgage
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Winter Sky Investments Llc | $800,000 | Alliance Title Of The Treasure | |
| Wright Susan L | -- | None Available | |
| Livin Susan L Wright Revocable | $100 | -- | |
| Wills Paul M | $119,900 | Aurora Title | |
| Caracelo Donald T | $175,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Wills Paul M | $89,925 | |
| Previous Owner | Caracelo Donald T | $95,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/19/2022 04/19/22 | Sold | $449,000 | -10.0% | $239 / Sq Ft |
| 03/10/2022 03/10/22 | Pending | -- | -- | -- |
| 02/16/2022 02/16/22 | For Sale | $499,000 | -- | $265 / Sq Ft |
Source: Space Coast MLS (Space Coast Association of REALTORS®)
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 | $4,892 | $414,000 | -- | -- |
| 2024 | $3,386 | $390,000 | -- | -- |
| 2023 | $3,386 | $177,520 | -- | -- |
| 2022 | $3,098 | $171,790 | $0 | $0 |
| 2021 | $2,910 | $147,130 | $60,980 | $86,150 |
| 2020 | $2,872 | $144,190 | $60,980 | $83,210 |
| 2019 | $2,969 | $143,980 | $60,980 | $83,000 |
| 2018 | $2,908 | $138,970 | $60,980 | $77,990 |
| 2017 | $2,750 | $128,680 | $54,450 | $74,230 |
| 2016 | $2,638 | $114,950 | $54,450 | $60,500 |
| 2015 | $2,474 | $103,150 | $43,560 | $59,590 |
| 2014 | $2,302 | $95,720 | $43,560 | $52,160 |
Source: Public Records
Agents Affiliated with this Home
-
-
Jeffrey Richardson
Buyer's Agent in 2022
Jeffrey Richardson
Coldwell Banker Paradise
(321) 863-2969
20 in this area
67 Total Sales
-
J
Buyer's Agent in 2022
Jeff Richardson
Coldwell Banker Paradise
-
S
Buyer Co-Listing Agent in 2022
Scott Loveridge
EXP Realty LLC
Map
Source: Space Coast MLS (Space Coast Association of REALTORS®)
MLS Number: 927159
APN: 27-37-16-25-00026.0-0007.00
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