NOT LISTED FOR SALE

1564 Old Colonial Way Melbourne, FL 32935

Estimated Value: $226,501 - $283,000

2 Beds
1 Bath
1,105 Sq Ft
$228/Sq Ft Est. Value

Last Sold May 31, 2018

Last sale price $120,000 $109 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $1,441/month

32 Days on Market

Highlights

  • Vaulted Ceiling
  • Screened Porch
  • Patio
  • No HOA
  • 1 Car Attached Garage
  • 2-minute walk to Grandview Shores Park

About This Home

As of May 2018

BRAND NEW ROOF 2018! NEW ELECTRIC PANEL going in this week! This charming home features an updated kitchen with custom cabinetry and Corian countertops. Terrazzo floors and wood beam ceilings add to the Florida charm. Screened in patio, fenced backyard and two storage sheds make this home one to see. Plus only a short walk to the Indian River!

Last Agent to Sell the Property

Barbara Lyn

RE/MAX Elite License #617792 Listed on: 04/18/2018

RE/MAX Elite

Co-Listed By

Jennifer Carson

RE/MAX Elite

Last Buyer's Agent

Eva Roach

RE/MAX Aerospace Realty License #3230633

RE/MAX Aerospace Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,595

Year Built

  • Built in 1956

Lot Details

  • 9,148 Sq Ft Lot
  • South Facing Home
  • Wood Fence
  • Chain Link Fence
  • Front and Back Yard Sprinklers

Parking

  • 1 Car Attached Garage

Home Design

  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 1,105 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Screened Porch

Kitchen

  • Electric Range
  • Microwave

Flooring

  • Tile
  • Terrazzo

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Patio
  • Shed

Schools

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

Utilities

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

Community Details

  • No Home Owners Association
  • Grandview Shores Replat Of Blks 3 To 10 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 27-37-05-03-0000f.0-0012.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,595

Year Built

Built in 1956

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1956
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • ResoLotFeatures: Sprinklers In Front, Sprinklers In Rear
  • Co List Office Mls Id: reli0
  • Co List Office Phone: 321-752-5858
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Grandview Shores Replat of Blks 3 To 10
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Reso Other Structures: Shed(s)
  • Location Tax and Legal Parcel Number2: 27-37-05-03-0000f.0-0012.00
  • Location Tax and Legal Elementary School: Creel
  • Location Tax and Legal Middle School2: Johnson
  • Location Tax and Legal High School: Eau Gallie
  • Location Tax and Legal Tax Annual Amount: 1594.99
  • Location Tax and Legal Tax Year2: 2017
  • General Property Information Living Area2: 1105.0
  • General Property Information Building Area Total3: 1345.0
  • General Property Information Lot Size Acres: 0.21
  • General Property Information Lot Size Square Feet2: 9148.0
  • 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 Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Fencing Fenced2: Yes
  • Fencing Wood2: Yes
  • Flooring Tile: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Levels One: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Water Source Well: Yes
  • Fencing Chain Link: Yes
  • Flooring Terrazzo: Yes
  • General Property Information Carport YN2: No
  • Other Structures Shed(s): Yes
  • Utilities Water Available: Yes
  • Room Types Laundry: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Ceiling Fan(s), Vaulted Ceiling(s)
  • Flooring: Terrazzo, Tile
  • Appliances: Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • ResoLivingAreaSource: Other
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Vaulted Ceiling(s): Yes

Exterior Features

  • Pool Features: None
  • Roof: Other
  • Fencing: Chain Link, Fenced, Wood
  • Acres: 0.21
  • Waterfront: No
  • Construction Type: Block, Concrete
  • Direction Faces: South
  • Patio And Porch Features: Patio, Porch, Screened
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Lot Features:Sprinklers In Rear: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Cable Available, Electricity Connected, Water Available
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • 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 Size Sq Ft: 9148.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 27-37-05-03-0000f.0-0012.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 1594.99

MLS Schools

  • Elementary School: Creel
  • High School: Eau Gallie

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2018
Closed on
May 31, 2018
Sold by
Lynch Steven P
Bought by
Frauenhofer Karen and Frauenhofer James
Seller's Agent
Barbara Lyn
RE/MAX Elite
Buyer's Agent
Eva Roach
RE/MAX Aerospace Realty
List Price
$124,900
Sold Price
$120,000
Premium/Discount to List
-$4,900
-3.92%
Current Estimated Value
$251,875

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,875
Avg. Annual Appreciation
10.51%
Original Mortgage
$72,000
Outstanding Balance
$62,127
Interest Rate
4.4%
Estimated Equity
$189,748

Purchase Details

Closed on
Apr 1, 2004
Sold by
Benjamin Kathleen H
Bought by
Lynch Steven P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,210
Interest Rate
5.55%

Purchase Details

Closed on
Aug 9, 2001
Sold by
Arrindell Eric P
Bought by
Benjamin Kathleen H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,000
Interest Rate
7.19%
Source: Public Records

Range of Values:

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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
Frauenhofer Karen $120,000 Prestige Title Of Brevard Ll
Lynch Steven P $76,900 Aurora Title
Benjamin Kathleen H $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frauenhofer Karen $72,000
Previous Owner Lynch Steven P $69,210
Previous Owner Benjamin Kathleen H $44,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2018 05/31/18 Sold $120,000 -3.9% $109 / Sq Ft
05/04/2018 05/04/18 Pending -- -- --
04/18/2018 04/18/18 For Sale $124,900 0.0% $113 / Sq Ft
04/14/2018 04/14/18 Pending -- -- --
04/11/2018 04/11/18 For Sale $124,900 0.0% $113 / Sq Ft
04/05/2018 04/05/18 Pending -- -- --
04/01/2018 04/01/18 For Sale $124,900 -- $113 / 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 $1,443 $121,360 -- --
2024 $1,396 $117,940 -- --
2023 $1,396 $114,510 $0 $0
2022 $1,290 $111,180 $0 $0
2021 $1,291 $107,950 $0 $0
2020 $1,273 $106,460 $0 $0
2019 $1,271 $104,070 $38,000 $66,070
2018 $1,766 $101,240 $38,000 $63,240
2017 $1,595 $82,350 $25,800 $56,550
2016 $1,473 $65,700 $15,850 $49,850
2015 $1,447 $62,670 $15,850 $46,820
2014 $1,355 $58,650 $15,850 $42,800
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 809514

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-37-05-03-0000F.0-0012.00