NOT LISTED FOR SALE

1640 Sarno Rd Melbourne, FL 32935

Estimated Value: $466,000 - $749,000

0.26 Acre
$2,397,223 Price per Acre
11,326 Sq Ft Lot

Last Sold April 16, 2018

Last sale price $48,000 $37 Per Sq Ft

Est. 1,198% increase in value since last sale

Current estimated payment $4,036/month

215 Days on Market

About This Lot

As of April 2018

Great Location on a High Traffic Road.

Last Agent to Sell the Property

Kim Wilson

Waterman Real Estate, Inc. License #3282957 Listed on: 08/25/2017

Waterman Real Estate, Inc.

Last Buyer's Agent

Kim Wilson

Waterman Real Estate, Inc. License #3282957 Listed on: 08/25/2017

Waterman Real Estate, Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,202

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 80 x 140
  • Cleared Lot

Schools

  • Harbor City Elementary School
  • Johnson Middle School
  • Eau Gallie High School

Community Details

  • No Home Owners Association

Property Details

Property Type

Land

Est. Annual Taxes

$9,202

Lot Details

0

Listing Details

  • Property Type: Land
  • Reso Property Sub Type: Unimproved Land
  • ResoLotFeatures: Cleared
  • Road Surface Type: Paved
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: None
  • Location Tax and Legal Elementary School: Harbor City
  • Location Tax and Legal Middle School2: Johnson
  • Location Tax and Legal High School: Eau Gallie
  • General Property Information Lot Size Acres: 0.26
  • General Property Information Waterfront YN: No
  • General Property Information Senior Community YN: No
  • Water Source Public: Yes
  • General Property Information Lot Size Dimensions: 80 x 140
  • Utilities Sewer Connected: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 0.26
  • Waterfront: No
  • Lot Features:Cleared: Yes

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public

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

  • Current Use: Commercial
  • Lot Dimensions: 80 x 140
  • Lot Size Sq Ft: 11325.6
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Harbor City
  • High School: Eau Gallie

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 17, 2020
Sold by
Paradis Gerald
Bought by
Pinelli Jean Paul and Uriondo Maria
Current Estimated Value
$623,278

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,150
Outstanding Balance
$450,949
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$172,329

Purchase Details

Closed on
Nov 27, 2018
Sold by
Pinelli Jean Paul and Uriondo Maria C
Bought by
Paradis Gerald

Purchase Details

Listed on
Aug 25, 2017
Closed on
Apr 13, 2018
Sold by
Vannguyen Melinda
Bought by
Pinelli Jean Paul and Uriondo Maria C
Seller's Agent
Kim Wilson
Waterman Real Estate, Inc.
Buyer's Agent
Kim Wilson
Waterman Real Estate, Inc.
List Price
$50,000
Sold Price
$48,000
Premium/Discount to List
-$2,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
40.50%

Purchase Details

Closed on
Jan 21, 2016
Sold by
Dong Tien
Bought by
Vannguyen Melinda

Purchase Details

Closed on
Sep 9, 2015
Sold by
Grp Property Management Llc
Bought by
Dong Tien

Purchase Details

Closed on
Sep 2, 2015
Sold by
Blair Johna L and Dawson John A
Bought by
Grp

Purchase Details

Closed on
Nov 30, 2007
Sold by
Menego Lewis and Menego Ogie
Bought by
Blair Johna and Dawson John A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,600
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 1, 2006
Sold by
Menego Lewis
Bought by
Menego Lewis and Menego Ogie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,750
Interest Rate
8.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 1, 2003
Sold by
Chapman Spivey Ralph J and Chapman Spivey Mary Ruth
Bought by
Menego Lewis

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
5.3%
Mortgage Type
Commercial
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
Pinelli Jean Paul $537,000 Waterview Title Services Llc
Paradis Gerald -- None Available
Pinelli Jean Paul $48,000 Prestige Title Of Brevard Ll
Vannguyen Melinda $20,000 Alliance Title Insurance Age
Dong Tien $17,000 Waterview Title Services Llc
Florida Property Management & Investment -- Attorney
Grp $10,500 None Available
Blair Johna $172,000 Security First Title Partner
Menego Lewis $89,400 Lee Title Services Inc
Menego Lewis $110,000 Harbour Title & Trust Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pinelli Jean Paul $510,150
Previous Owner Blair Johna $137,600
Previous Owner Menego Lewis $148,750
Previous Owner Menego Lewis $95,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/16/2018 04/16/18 Sold $48,000 -4.0% $37 / Sq Ft
03/29/2018 03/29/18 Pending -- -- --
08/25/2017 08/25/17 For Sale $50,000 -- $38 / 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 $9,202 $565,540 -- --
2024 $8,783 $554,200 -- --
2023 $8,783 $551,890 $56,000 $495,890
2022 $7,630 $475,660 $0 $0
2021 $7,027 $384,420 $60,000 $324,420
2020 $671 $33,600 $33,600 $0
2019 $637 $33,600 $33,600 $0
2018 $651 $33,600 $33,600 $0
2017 $614 $12,320 $0 $0
2016 $1,291 $61,600 $61,600 $0
2015 $1,087 $50,400 $50,400 $0
2014 $1,081 $50,400 $50,400 $0
Source: Public Records

Agents Affiliated with this Home

  • Kim Wilson

    Seller's Agent in 2018

    Kim Wilson

    Waterman Real Estate, Inc.

    (321) 863-8027

    19 in this area

    54 Total Sales

    Kim Wilson
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Map

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

MLS Number: 792563

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-37-20-00-00256.0-0000.00

Florida Brevard County Melbourne 32935

1640 Sarno Rd, Melbourne, FL

This home is located at 1640 Sarno Rd, Melbourne, FL 32935 since 25 August 2017 and is currently estimated at $623,278, approximately $475 per square foot. 1640 Sarno Rd is a home located in Brevard County with nearby schools including Harbor City Elementary School, Lyndon B. Johnson Middle School, and Eau Gallie High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Space Coast MLS (Space Coast Association of REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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