NOT LISTED FOR SALE

1709 Academy Dr Melbourne, FL 32901

Estimated Value: $366,000 - $414,000

4 Beds
4 Baths
1,950 Sq Ft
$197/Sq Ft Est. Value

Last Sold June 30, 2022

Last sale price $400,000 $205 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $2,480/month

14 Days on Market

Highlights

  • The property is located in a historic district
  • Deck
  • Furnished
  • 0.43 Acre Lot
  • Wood Flooring
  • 3-minute walk to Magnolia Manor Park

About This Home

As of June 2022

WITH STUDIO APARTMENT! 0.43 acres for you to enjoy. This is really a GEM in Melbourne FL, just 12 minutes to the beach, 5 minutes to downtown, and 10 minutes to I-95. On the first floor, there is a newly remodeled kitchen, living room, and dining room, as you keep walking you will find a large office with a full bathroom, a garage, and a studio apartment with its own bathroom and kitchenette, patio and garage completely separate from the house. Upstairs are 3 bedrooms with bamboo floors and two bathrooms. An expansive backyard provides an amazing space for family gatherings while leaving plenty of room to add a pool and park a boat or RV. There are endless possibilities with this house, you have to see it to believe it, and use your imagination to get the most out of it. Furniture is inclu inclu

Last Agent to Sell the Property

Nancy Snyder

ENP Luxury Homes License #3413230 Listed on: 05/12/2022

ENP Luxury Homes

Last Buyer's Agent

Dario Nunez

RE/MAX Elite License #3282297

RE/MAX Elite

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,721

Year Built

  • Built in 1957

Lot Details

  • 0.43 Acre Lot
  • East Facing Home
  • Wood Fence

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Guest Parking

Home Design

  • Frame Construction
  • Shingle Roof
  • Metal Roof
  • Wood Siding
  • Concrete Siding
  • Block Exterior
  • Vinyl Siding
  • Asphalt
  • Stucco

Interior Spaces

  • 1,950 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Built-In Features
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Home Office
  • Library

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio
  • Separate Outdoor Workshop
  • Porch

Schools

  • University Park Elementary School
  • Stone Middle School
  • Melbourne High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Accessory Dwelling Unit (ADU)
  • The property is located in a historic district

Community Details

  • No Home Owners Association
  • Magnolia Park Plat No 2 Association
  • Magnolia Park Plat No 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 28-37-04-02-00005.0-0015.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,721

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1957
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Historic Area
  • Road Surface Type: Asphalt
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Magnolia Park Plat No 2
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Other Structures: Workshop
  • Location Tax and Legal Parcel Number2: 28-37-04-02-00005.0-0015.00
  • Location Tax and Legal Elementary School: University Park
  • Location Tax and Legal Middle School2: Stone
  • Location Tax and Legal High School: Melbourne
  • Location Tax and Legal Tax Annual Amount: 3721.43
  • Location Tax and Legal Tax Year2: 2021
  • General Property Information Living Area2: 1950.0
  • General Property Information Building Area Total3: 2213.0
  • General Property Information Lot Size Acres: 0.43
  • General Property Information Lot Size Square Feet2: 18731.0
  • 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: East
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Fencing Fenced2: Yes
  • Fencing Wood2: Yes
  • Flooring Laminate: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Flooring Wood: Yes
  • Pets Allowed Yes: Yes
  • Road Surface Type Asphalt: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Levels Two: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • Room Types Dining Room: Yes
  • Other Structures Workshop: Yes
  • Room Types Laundry: Yes
  • Room Types Library: Yes
  • Room Types Living Room: Yes
  • Room Types Office: Yes
  • Flooring Vinyl: Yes
  • Lot Features Historic Area: Yes
  • Accessory Dwelling Information Dwelling Type: Apartment
  • Accessory Dwelling Information ADU Attached YN: Yes
  • Cooling WallWindow Unit(s): Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Bar, Built-in Features, Ceiling Fan(s), Primary Bathroom - Tub with Shower
  • Flooring: Laminate, Tile, Vinyl, Wood
  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • ResoLivingAreaSource: Other
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Built-in Features: Yes
  • Interior Features:Ceiling Fan(s): Yes

Exterior Features

  • Pool Features: None
  • Roof: Metal, Shingle
  • Fencing: Fenced, Wood
  • Acres: 0.43
  • Waterfront: No
  • Construction Type: Block, Concrete, Fiber Cement, Frame, Stucco, Vinyl Siding, Wood Siding
  • Direction Faces: East
  • Patio And Porch Features: Deck, Patio, Porch
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Construction Materials:Frame: Yes
  • Construction Materials:Wood Siding: Yes
  • Construction Materials:Vinyl Siding: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Construction Materials:Fiber Cement: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage Door Opener, Guest
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Guest: Yes

Utilities

  • Cooling: Central Air, Wall/Window Unit(s)
  • Utilities: Cable Available, Electricity Connected, Water Available
  • Heating: Central
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Name: MAGNOLIA PARK PLAT NO 2
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No
  • General Property Information:Association Name: MAGNOLIA PARK PLAT NO 2

Schools

  • Middle Or Junior School: Stone

Lot Info

  • Lot Size Sq Ft: 18731.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 28-37-04-02-00005.0-0015.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3721.43

MLS Schools

  • Elementary School: University Park
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2022
Closed on
Jun 30, 2022
Sold by
Nader Saleh
Bought by
Perez Armando
Seller's Agent
Nancy Snyder
ENP Luxury Homes
Buyer's Agent
Dario Nunez
RE/MAX Elite
List Price
$400,000
Sold Price
$400,000
Current Estimated Value
$383,912

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$16,088
Avg. Annual Appreciation
-1.14%
Original Mortgage
$360,000
Outstanding Balance
$342,969
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$40,943

Purchase Details

Listed on
Aug 15, 2021
Closed on
Sep 23, 2021
Sold by
Preciado Joseph R and Preciado Kimberly M
Bought by
Saleh Nader
Seller's Agent
Marsha Millar
Pioneer Properties USA
Buyer's Agent
Marsha Millar
Exit Right Realty
List Price
$259,900
Sold Price
$232,500
Premium/Discount to List
-$27,400
-10.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
106.15%

Purchase Details

Listed on
Nov 1, 2017
Closed on
Jan 24, 2018
Sold by
Degrange Thomas E and Butler Hazel K
Bought by
Preciado Joseph R and Preciado Kimberly M
Seller's Agent
Jessica Walker
RE/MAX Aerospace Realty
Buyer's Agent
Marianne Hendrix
Keller Williams Realty Brevard
List Price
$249,999
Sold Price
$228,000
Premium/Discount to List
-$21,999
-8.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.53%
Original Mortgage
$182,400
Interest Rate
3.93%

Purchase Details

Closed on
Apr 7, 2012
Sold by
Degrange Thomas E
Bought by
Degrange Thomas E and Butler Hazel K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,500
Interest Rate
3.96%

Purchase Details

Closed on
Feb 22, 2007
Sold by
Butler Hazel K and Butler Hasel K
Bought by
Degrange Thomas E

Purchase Details

Closed on
May 26, 2000
Sold by
Medina Carol C
Bought by
Butler Hasel K
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Perez Armando $400,000 New Title Company Name
Saleh Nader $232,500 State Title Partners
Preciado Joseph R $228,000 North American Title Co
Degrange Thomas E -- First American Title Ins Co
Degrange Thomas E $86,000 None Available
Butler Hasel K $37,500 --
Butler Hasel K $37,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perez Armando $360,000
Previous Owner Preciado Joseph R $182,400
Previous Owner Degrange Thomas E $180,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/30/2022 06/30/22 Sold $400,000 0.0% $205 / Sq Ft
05/26/2022 05/26/22 Pending -- -- --
05/12/2022 05/12/22 For Sale $400,000 +72.0% $205 / Sq Ft
10/01/2021 10/01/21 Sold $232,500 -10.5% $119 / Sq Ft View Prior Sale
08/19/2021 08/19/21 Pending -- -- --
08/15/2021 08/15/21 For Sale $259,900 0.0% $133 / Sq Ft
08/07/2021 08/07/21 Pending -- -- --
08/05/2021 08/05/21 For Sale $259,900 0.0% $133 / Sq Ft
07/16/2021 07/16/21 Pending -- -- --
07/13/2021 07/13/21 For Sale $259,900 0.0% $133 / Sq Ft
06/25/2021 06/25/21 Pending -- -- --
06/21/2021 06/21/21 For Sale $259,900 +14.0% $133 / Sq Ft
01/24/2018 01/24/18 Sold $228,000 -3.0% $120 / Sq Ft View Prior Sale
12/21/2017 12/21/17 Pending -- -- --
12/13/2017 12/13/17 Price Changed $235,000 -4.1% $124 / Sq Ft
12/11/2017 12/11/17 Price Changed $245,000 -2.0% $129 / Sq Ft
11/01/2017 11/01/17 For Sale $249,999 +9.6% $132 / Sq Ft
11/01/2017 11/01/17 Off Market $228,000 -- --
08/25/2017 08/25/17 Price Changed $249,999 -5.3% $132 / Sq Ft
07/25/2017 07/25/17 Price Changed $264,000 -1.9% $139 / Sq Ft
06/01/2017 06/01/17 For Sale $269,000 -- $142 / 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 $5,841 $344,210 -- --
2024 $5,321 $339,050 -- --
2023 $5,321 $298,480 $72,000 $226,480
2022 $3,767 $214,010 $0 $0
2021 $3,721 $200,960 $60,000 $140,960
2020 $3,506 $187,930 $54,000 $133,930
2019 $3,630 $187,530 $54,000 $133,530
2018 $2,339 $122,620 $48,000 $74,620
2017 $1,220 $84,390 $0 $0
2016 $1,173 $78,430 $36,000 $42,430
2015 $1,104 $71,190 $30,000 $41,190
2014 $1,006 $67,380 $24,000 $43,380
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 934740

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-37-04-02-00005.0-0015.00