NOT LISTED FOR SALE

1802 Madison Ave Melbourne, FL 32935

Estimated Value: $172,000 - $262,400

3 Beds
2 Baths
1,382 Sq Ft
$157/Sq Ft Est. Value

Last Sold October 02, 2024

Last sale price $180,000 $130 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $1,633/month

34 Days on Market

Highlights

  • Gated Parking
  • Central Heating and Cooling System
  • 1-Story Property
  • No HOA
  • South Facing Home

About This Home

As of October 2024

WOW Opportunity Knocking! Handyman special situated on a LARGE .36 lot! Can you say built in equity!! Once redone this home will be a 4 bedroom 2 bath home on one of the best lost in the neighborhood. So much potential. BRND NEW 2024 METAL ROOF to be installed by Platinum Roofing, all drain lines PVC, all water supply lines PEX, NEW bathtub already set in guest bathroom, electrical appears to be in good shape 200 AMP Siemens Panels all copper Romex wire (half is new Romex Wire) Also, easy conversion for garage to be put back.
Don't wait or its too late!!! CASH BUYER''S ONLY!

Last Agent to Sell the Property

Jack Taylor

RE/MAX Alternative Realty License #3073233 Listed on: 08/28/2024

RE/MAX Alternative Realty

Last Buyer's Agent

Bradley Griffin

Engel&Voelkers Melb Beachside License #3257999

Engel&Voelkers Melb Beachside

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,316

Year Built

  • Built in 1957

Lot Details

  • 0.36 Acre Lot
  • South Facing Home
  • Cleared Lot

Parking

  • Gated Parking

Home Design

  • Block Exterior

Interior Spaces

  • 1,382 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

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

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Bowe Gardens Sec A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 27-37-20-26-0000d.0-0016.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,316

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1957
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Cleared
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Bowe Gardens Sec A
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 27-37-20-26-0000d.0-0016.00
  • Location Tax and Legal Elementary School: Croton
  • Location Tax and Legal Middle School2: Johnson
  • Location Tax and Legal High School: Eau Gallie
  • Location Tax and Legal Tax Annual Amount: 4315.84
  • Location Tax and Legal Tax Year2: 2022
  • General Property Information Living Area2: 1382.0
  • General Property Information Lot Size Acres: 0.36
  • General Property Information Lot Size Square Feet2: 15682.0
  • 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: South
  • Cooling Central Air: Yes
  • General Property Information Community Fee(s) YN: No
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • General Property Information CDD Fee YN: No
  • General Property Information Stories2: 1
  • Marketing Remarks:Marketing Remarks: WOW Opportunity Knocking! Handyman special situated on a LARGE .36 lot! Can you say built in equity!! Once redone this home will be a 4 bedroom 2 bath home on one of the best lost in the neighborhood. So much potential. BRAND NEW METAL ROOF to be installed by Platinum Roffing, all drain lines PVC, NEW bathtub already set in guest bathroom, electrical appears to be in good shape 200 AMP Siemens Panels all copper Romex wire (half is new Romex Wire) and all water supply lines PEX. Also, easy conversion for garage to be put back. Don't wait or its too late!!! CASH BUYER'S ONLY!
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 1
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Pool Features: None
  • Acres: 0.36
  • Waterfront: No
  • Construction Type: Block
  • Direction Faces: South
  • Construction Materials:Block2: Yes
  • Lot Features:Cleared: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Utilities: Cable Available
  • Heating: Central
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: 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
  • Lot Size Sq Ft: 15682.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 27-37-20-26-0000d.0-0016.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4315.84

MLS Schools

  • Elementary School: Croton
  • High School: Eau Gallie

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 8, 2025
Sold by
Nguyen Muoi
Bought by
Pham Tam Le Thanh
Current Estimated Value
$248,813

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,750
Outstanding Balance
$269,791
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
-$53,441

Purchase Details

Listed on
Aug 28, 2024
Closed on
Sep 25, 2024
Sold by
Sai Property Investments Inc
Bought by
Nguyen Muoi
Seller's Agent
Jack Taylor
RE/MAX Alternative Realty
Buyer's Agent
Bradley Griffin
Engel&Voelkers Melb Beachside
List Price
$209,000
Sold Price
$180,000
Premium/Discount to List
-$29,000
-13.88%
Views
56

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.58%

Purchase Details

Closed on
Jun 10, 2024
Sold by
Marco Padilla Pa
Bought by
Sai Property Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
7.22%
Mortgage Type
Construction

Purchase Details

Closed on
May 1, 2024
Sold by
Norton Stuart J
Bought by
Marco Padilla Pa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
7.22%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 31, 2022
Sold by
Norton Stuart J
Bought by
Marco Padilla Pa

Purchase Details

Closed on
Mar 15, 2000
Sold by
Stingley Loralee K and Iglesias Loralee K
Bought by
Norton Stuart J and Norton Lauri A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,427
Interest Rate
8.29%
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
Pham Tam Le Thanh $285,000 Prestige Title Of Brevard
Pham Tam Le Thanh $285,000 Prestige Title Of Brevard
Nguyen Muoi $179,100 State Title
Sai Property Investments Inc $175,000 None Listed On Document
Marco Padilla Pa $100 None Listed On Document
Marco Padilla Pa $15,000 --
Norton Stuart J $69,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pham Tam Le Thanh $270,750
Closed Pham Tam Le Thanh $270,750
Previous Owner Sai Property Investments Inc $202,500
Previous Owner Norton Stuart J $69,427
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/02/2024 10/02/24 Sold $180,000 -9.5% $130 / Sq Ft
09/06/2024 09/06/24 Price Changed $199,000 -4.8% $144 / Sq Ft
08/28/2024 08/28/24 For Sale $209,000 -- $151 / 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 $3,994 $190,180 -- --
2024 $4,316 $225,120 -- --
2023 $4,316 $240,920 -- --
2022 $672 $75,030 $0 $0
2021 $685 $72,850 $0 $0
2020 $684 $71,850 $0 $0
2019 $695 $70,240 $0 $0
2018 $701 $68,940 $0 $0
2017 $710 $67,530 $0 $0
2016 $735 $66,150 $24,000 $42,150
2015 $752 $65,700 $29,260 $36,440
2014 $746 $65,180 $26,740 $38,440
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 1023283

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-37-20-26-0000D.0-0016.00