1748 Academy Dr Melbourne, FL 32901
Magnolia Park Neighborhood
3
Beds
2
Baths
1,488
Sq Ft
6,098
Sq Ft Lot
Highlights
- New Construction
- Open Floorplan
- Hurricane or Storm Shutters
- Melbourne Senior High School Rated A-
- No HOA
- 3-minute walk to Magnolia Manor Park
About This Home
As of August 2024RARE FIND! New Construction in the heart of Melbourne. Within walking distance to golf course, and downtown Melbourne restaurants and shopping. Located in a desirable neighborhood. This beautiful 3 bedroom 2 bath new home features stainless steel appliances, meticulously chosen finishes, and fixtures. Fine craftmanship 42'' upper cabinets and granite throughout. Crown molding in living area. Charming barn door in Primary bedroom bath, showcasing a floor to ceiling tiled shower stall with glass panel, and dual sinks. Spacious walk-in closet. Washer and Dryer designated area inside. 2 car garage with remote. Fully irrigated landscaped lawn.
This fantastic home comes with hurricane panels for all doors and windows to help get that home owners insurance discount!
Last Agent to Sell the Property
EXP Realty, LLC License #3448816 Listed on: 06/01/2024
Last Buyer's Agent
Non-Member Non-Member Out Of Area
Non-MLS or Out of Area License #nonmls
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $581
Year Built
- Built in 2024 | New Construction
Lot Details
- 6,098 Sq Ft Lot
- East Facing Home
- Front and Back Yard Sprinklers
- Cleared Lot
Parking
- 2 Car Garage
- Garage Door Opener
Home Design
- Shingle Roof
- Concrete Siding
- Block Exterior
- Stucco
Interior Spaces
- 1,488 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Vinyl Flooring
- Hurricane or Storm Shutters
Kitchen
- Convection Oven
- Electric Oven
- Microwave
- Plumbed For Ice Maker
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
- Separate Shower in Primary Bathroom
Schools
- University Park Elementary School
- Stone Middle School
- Melbourne High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- Cable TV Available
Additional Features
- Energy-Efficient Insulation
- Front Porch
Community Details
- No Home Owners Association
- Magnolia Park Plat No 2 Subdivision
Listing and Financial Details
- Assessor Parcel Number 28-37-04-02-7-6
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 1, 2024
Closed on
Aug 30, 2024
Sold by
Park Avenue Developers Of Brevard Llc
Bought by
Bolwell Logan Bligh
Seller's Agent
Jacqueline Heinze
EXP Realty, LLC
Buyer's Agent
Non-Member Non-Member Out Of Area
Non-MLS or Out of Area
List Price
$399,900
Sold Price
$349,900
Premium/Discount to List
-$50,000
-12.5%
Views
39
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$21,844
Avg. Annual Appreciation
-7.16%
Original Mortgage
$297,415
Outstanding Balance
$294,534
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$30,813
Purchase Details
Closed on
Jun 10, 2022
Sold by
Taddie Peter D
Bought by
Park Avenue Developers Of Brevard Llc
Similar Homes in Melbourne, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $349,900 | Supreme Title Closings | |
| Warranty Deed | $80,000 | Island Title & Escrow | |
| Warranty Deed | $80,000 | Island Title & Escrow |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $297,415 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/30/2024 08/30/24 | Sold | $349,900 | 0.0% | $235 / Sq Ft |
| 07/20/2024 07/20/24 | Pending | -- | -- | -- |
| 07/15/2024 07/15/24 | Price Changed | $349,900 | -2.8% | $235 / Sq Ft |
| 07/02/2024 07/02/24 | Price Changed | $359,900 | -7.7% | $242 / Sq Ft |
| 06/14/2024 06/14/24 | Price Changed | $389,900 | -2.5% | $262 / Sq Ft |
| 06/01/2024 06/01/24 | For Sale | $399,900 | -- | $269 / Sq Ft |
Source: Space Coast MLS (Space Coast Association of REALTORS®)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $581 | $33,000 | -- | -- |
| 2023 | $581 | $33,000 | $33,000 | $0 |
| 2022 | $819 | $66,000 | $0 | $0 |
| 2021 | $757 | $55,000 | $55,000 | $0 |
| 2020 | $690 | $49,500 | $49,500 | $0 |
| 2019 | $678 | $49,500 | $49,500 | $0 |
| 2018 | $625 | $44,000 | $44,000 | $0 |
| 2017 | $576 | $9,625 | $0 | $0 |
| 2016 | $540 | $33,000 | $33,000 | $0 |
| 2015 | $488 | $27,500 | $27,500 | $0 |
| 2014 | $421 | $22,000 | $22,000 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jacqueline Heinze
Seller's Agent in 2024
Jacqueline Heinze
EXP Realty, LLC
(321) 480-7035
4 in this area
8 Total Sales
-
N
Buyer's Agent in 2024
Non-Member Non-Member Out Of Area
Non-MLS or Out of Area
Map
Source: Space Coast MLS (Space Coast Association of REALTORS®)
MLS Number: 1015610
APN: 28-37-04-02-00007.0-0006.00
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