NOT LISTED FOR SALE

1678 Sarno Rd Melbourne, FL 32935

Estimated Value: $266,000

0.25 Acre
$1,064,000 Price per Acre
10,890 Sq Ft Lot

Last Sold July 11, 2016

Last sale price $30,000 $28 Per Sq Ft

Est. 787% increase in value since last sale

Current estimated payment $1,425/month

377 Days on Market

About This Lot

As of July 2016

Plenty of Front Road Footage on this 1/4 acre vacant lot. This lot is currently zoned RP office professional land use according to the City of Melbourne. Call today for more information!

Last Agent to Sell the Property

Monica McKune

Keller Williams Realty Brevard License #3209776 Listed on: 11/19/2015

Keller Williams Realty Brevard

Last Buyer's Agent

Lisa Lantrip

RE/MAX Solutions License #3241138

Property Details

Property Type

  • Land

Lot Details

  • 0.25 Acre Lot
  • Cleared Lot

Schools

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

Community Details

  • No Home Owners Association
  • Bowe Gardens Sec A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 27-37-20-00-00254.0-0000.00

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Reso Property Sub Type: Unimproved Land
  • ResoLotFeatures: Cleared
  • Road Surface Type: Paved
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Bowe Gardens Sec A
  • Location Tax and Legal Parcel Number2: 27-37-20-00-00254.0-0000.00
  • Location Tax and Legal Elementary School: Harbor City
  • Location Tax and Legal Middle School2: Johnson
  • Location Tax and Legal High School: Eau Gallie
  • Location Tax and Legal Tax Annual Amount: 1053.93
  • Location Tax and Legal Tax Year2: 2014
  • General Property Information Lot Size Acres: 0.25
  • General Property Information Lot Size Square Feet2: 10890.0
  • General Property Information Waterfront YN: No
  • General Property Information Senior Community YN: No
  • General Property Information Lot Size Dimensions: 78.0 ft x 140.0 ft
  • General Property Information Number Of Lots2: 1.0
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 0.25
  • Waterfront: No
  • Lot Features:Cleared: Yes

Utilities

  • Utilities: Other

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

  • Number Of Lots: 1
  • Current Use: Mixed Use
  • Lot Dimensions: 78.0 ft x 140.0 ft
  • Lot Size Sq Ft: 10890.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 27-37-20-00-00254.0-0000.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 1053.93

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 15, 2019
Sold by
Tiger Land Ventures Llc
Bought by
Hurricane Resistant Structure Inc
Current Estimated Value
$266,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Outstanding Balance
$96,317
Interest Rate
4%
Mortgage Type
Stand Alone First
Estimated Equity
$169,683

Purchase Details

Listed on
Nov 19, 2015
Closed on
Jul 11, 2016
Sold by
Jimenez Lai Kiwan
Bought by
Tiger Land Ventures Llc
Seller's Agent
Monica McKune
Keller Williams Realty Brevard
Buyer's Agent
Lisa Lantrip
RE/MAX Solutions
List Price
$35,000
Sold Price
$30,000
Premium/Discount to List
-$5,000
-14.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.76%

Purchase Details

Listed on
Jan 10, 2014
Closed on
May 1, 2014
Sold by
Brevard Community Partnership Inc
Bought by
Jimenez Lai Kwan
Seller's Agent
Mark Lewin
RE/MAX Elite
Buyer's Agent
Orawan Milner
RE/MAX Aerospace Realty
List Price
$15,000
Sold Price
$17,000
Premium/Discount to List
$2,000
13.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.46%

Purchase Details

Closed on
Jan 15, 2014
Sold by
Wells Fargo Bank National Association
Bought by
Brevard Community Partnership Inc

Purchase Details

Closed on
Sep 12, 2013
Sold by
Dawson John A and Chase Home Finance Llc
Bought by
Wells Fargo Bank National Association

Purchase Details

Closed on
Feb 19, 2008
Sold by
Jimenez Lai Kwan and Cheung Wan Kiu
Bought by
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
$140,000
Interest Rate
5.85%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hurricane Resistant Structure Inc $120,000 Waterview Title Services Llc
Tiger Land Ventures Llc $30,000 The Title Company Of Brevard
Jimenez Lai Kwan $17,000 Alliance Title Insurance Age
Brevard Community Partnership Inc -- Servicelink
Wells Fargo Bank National Association -- Attorney
Dawson John A $175,000 Alliance Title Brevard Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hurricane Resistant Structure Inc $110,000
Previous Owner Dawson John A $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/11/2016 07/11/16 Sold $30,000 -14.3% $28 / Sq Ft
05/27/2016 05/27/16 Pending -- -- --
05/15/2015 05/15/15 For Sale $35,000 +105.9% $33 / Sq Ft
05/01/2014 05/01/14 Sold $17,000 +13.3% $16 / Sq Ft View Prior Sale
04/28/2014 04/28/14 Pending -- -- --
12/10/2013 12/10/13 For Sale $15,000 -- $14 / 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 $570 $32,760 -- --
2024 $577 $32,760 -- --
2023 $577 $32,760 $32,760 $0
2022 $565 $32,760 $0 $0
2021 $595 $32,760 $32,760 $0
2020 $599 $32,760 $32,760 $0
2019 $622 $32,760 $32,760 $0
2018 $635 $32,760 $32,760 $0
2017 $598 $12,012 $0 $0
2016 $1,175 $60,060 $60,060 $0
2015 $1,060 $49,140 $49,140 $0
2014 $1,054 $49,140 $49,140 $0
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 725370

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-37-20-00-00254.0-0000.00