NOT LISTED FOR SALE

1659 Palm Ridge Rd Melbourne, FL 32935

Estimated Value: $170,000 - $182,808

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

Last Sold June 07, 2024

Last sale price $175,000 $228 Per Sq Ft

Current estimated payment $1,087/month

72 Days on Market

Highlights

  • Open Floorplan
  • No HOA
  • Ceiling Fan
  • Wood Flooring
  • Central Air
  • North Facing Home

About This Home

As of June 2024

This cozy 2 bed recently updated 1 bath home has a newer metal roof with a side door entrance. New wood floors thru out, washer n dryer and updated electrical.

Last Agent to Sell the Property

Lester Lane Hines

LoKation License #679744 Listed on: 03/18/2024

LoKation

Last Buyer's Agent

Nicole Brickner

Denovo Realty License #3266640

Denovo Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,545

Year Built

  • Built in 1948

Lot Details

  • 7,405 Sq Ft Lot
  • Street terminates at a dead end
  • North Facing Home
  • Wood Fence

Home Design

  • Frame Construction
  • Metal Roof
  • Vinyl Siding
  • Asphalt

Interior Spaces

  • 768 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Electric Range

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • 150 Amp Service
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 27-37-08-51-00000.0-0005.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,545

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1948
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: In Unit
  • ResoLotFeatures: Dead End Street
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: None
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Financial Info Electric: 150 Amp Service
  • Location Tax and Legal Parcel Number2: 27-37-08-51-00000.0-0005.00
  • 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: 1544.79
  • Location Tax and Legal Tax Year2: 2023
  • General Property Information Living Area2: 768.0
  • General Property Information Lot Size Acres: 0.17
  • General Property Information Lot Size Square Feet2: 7405.0
  • 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: North
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Fencing Wood2: Yes
  • Flooring Tile: Yes
  • General Property Information Community Fee(s) YN: No
  • Appliances Dryer: Yes
  • Washers: Yes
  • Flooring Wood: Yes
  • Levels One: Yes
  • Pets Allowed Yes: Yes
  • Lot Features Dead End Street: Yes
  • Road Surface Type Asphalt: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Electricity Connected: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • Utilities Sewer Connected: Yes
  • General Property Information Land Lease YN2: No
  • General Property Information CDD Fee YN: No
  • Utilities Water Connected: Yes
  • General Property Information Stories2: 1
  • Electric 150 Amp Service: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Ceiling Fan(s), Open Floorplan
  • Flooring: Tile, Wood
  • Appliances: Dryer, Electric Range, Electric Water Heater, Refrigerator, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 1
  • ResoLivingAreaSource: Other
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Laundry Features:In Unit: Yes

Exterior Features

  • Pool Features: None
  • Roof: Metal
  • Fencing: Wood
  • Acres: 0.17
  • Waterfront: No
  • Construction Type: Frame, Vinyl Siding
  • Direction Faces: North
  • Construction Materials:Frame: Yes
  • Construction Materials:Vinyl Siding: Yes
  • ConstructionSiding:Roof Metal: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Other
  • General Property Information:Garage YN: No
  • Parking Features:Other26: Yes

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Heating: Electric, Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric3: Yes
  • Heating:Heat Pump: 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

  • Current Use: Residential, Single Family
  • Land Lease: No
  • Lot Size Sq Ft: 7405.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2711791
  • Parcel #: 27-37-08-51-00000.0-0005.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1544.79

MLS Schools

  • Elementary School: Creel
  • High School: Eau Gallie

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2024
Closed on
Jun 7, 2024
Sold by
Harvest Carol
Bought by
Catlett Michael and Davis Holly
Seller's Agent
Lester Lane Hines
LoKation
Buyer's Agent
Nicole Brickner
Denovo Realty
List Price
$195,000
Sold Price
$175,000
Premium/Discount to List
-$20,000
-10.26%
Views
161
Current Estimated Value
$174,952

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$48
Avg. Annual Appreciation
0.72%
Original Mortgage
$160,256
Outstanding Balance
$158,964
Interest Rate
7.22%
Mortgage Type
FHA
Estimated Equity
$17,520

Purchase Details

Listed on
Mar 20, 2015
Closed on
Jun 29, 2015
Sold by
Turn Key Investment Group Llc
Bought by
Harvest Carol
Seller's Agent
Lisa Lantrip
Tropical Realty Beachside
Buyer's Agent
Lisa Lantrip
Tropical Realty Beachside
List Price
$42,900
Sold Price
$35,000
Premium/Discount to List
-$7,900
-18.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.53%

Purchase Details

Closed on
Aug 31, 2009
Sold by
Gutierrez Saul
Bought by
Turn Key Investment Group Llc

Purchase Details

Closed on
Aug 18, 2009
Sold by
Shimek Michael J and Shimek Kathleen R
Bought by
Gutierrez Saul

Purchase Details

Closed on
May 13, 2005
Sold by
Miller Harold Richard and Miller Hazel M
Bought by
Shimek Michael J and Shimek Kathleen R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
5.8%
Source: Public Records

Range of Values:

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Average Value
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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
Catlett Michael $175,000 Minot Title
Harvest Carol $35,000 Prestige Title Brevard Llc
Turn Key Investment Group Llc -- None Available
Gutierrez Saul $20,000 Prestige Title Of Brevard Ll
Shimek Michael J -- Federal Title Ins Assoc Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Catlett Michael $160,256
Previous Owner Shimek Michael J $76,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2024 06/07/24 Sold $175,000 -5.4% $228 / Sq Ft
05/30/2024 05/30/24 Pending -- -- --
03/28/2024 03/28/24 Price Changed $185,000 -5.1% $241 / Sq Ft
03/18/2024 03/18/24 For Sale $195,000 +457.1% $254 / Sq Ft
06/02/2015 06/02/15 Sold $35,000 -18.4% $46 / Sq Ft
04/06/2015 04/06/15 Pending -- -- --
03/20/2015 03/20/15 For Sale $42,900 -- $56 / 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
2023 $1,545 $112,420 $65,000 $47,420
2022 $1,362 $104,120 $0 $0
2021 $1,177 $72,750 $50,000 $22,750
2020 $1,095 $67,690 $45,000 $22,690
2019 $1,032 $60,470 $45,000 $15,470
2018 $991 $58,840 $40,000 $18,840
2017 $912 $50,130 $35,000 $15,130
2016 $795 $33,230 $20,000 $13,230
2015 $1,024 $42,590 $20,000 $22,590
2014 $928 $38,720 $17,000 $21,720
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 1008183

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-37-08-51-00000.0-0005.00