NOT LISTED FOR SALE

1843 Madison Ave Melbourne, FL 32935

Estimated Value: $242,000 - $307,263

3 Beds
2.5 Baths
1,245 Sq Ft
$209/Sq Ft Est. Value

Sale Details

Date Sold: October 27, 2023

Last sale price $320,000 $257 Per Sq Ft

Est. 19% decrease in value since last sale

Current estimated payment $1,664 / mo

24 Days on Market

Highlights

  • In Ground Pool
  • No HOA
  • Central Heating and Cooling System
  • Open Floorplan
  • 1-Story Property
  • North Facing Home

About This Home

As of October 2023

Welcome to your new home with endless opportunities; whether you are looking for immense income potential, or your new forever home! Everyone can enjoy this centrally located home in one of the quickest growing cities in Florida! Melbourne is within a 1 hour drive to Disney World, Universal Studios, Sea World, and the Orlando Airport. Enjoy all the local attractions including 18 minutes to the Brevard Zoo, 40 minutes to Kennedy Space Center, 15 minutes to Melbourne Beach, and under 10 minutes to Melbourne International Airport. Tastefully and fully renovated home makes this ready for new owners!! Split-Plan included for extra quiet time away and a master with its own private entrance. Ready to relax at home?

Last Agent to Sell the Property

Kheyla Soriano

Relentless Real Estate Co. Listed on: 09/09/2023

Co-Listed By

Mariacher Musucc Home Selling Team

Relentless Real Estate Co. License #3099155

Last Buyer's Agent

James Iverson

Atlantic Group Real Estate License #3376326

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,528

Year Built

  • Built in 1957

Lot Details

  • North Facing Home
  • Wood Fence

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 1,245 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Vinyl Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool

Schools

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

Utilities

  • Central Heating and Cooling System
  • Well
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Bowe Gardens Sec A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2723025

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,528

Year Built

Built in 1957

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Year Built: 1957
  • Reso Property Sub Type: Single Family Residence
  • Co List Office Mls Id: spc.orlnt
  • Co List Office Phone: 321-302-0763
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Bowe Gardens Sec A
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Open Floorplan, Split Bedrooms
  • Flooring: Vinyl
  • Appliances: Dryer, Disposal, Dishwasher, Electric Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Pool Features: In Ground, None
  • Roof: Shingle
  • Fencing: Wood, Fenced
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Block, Concrete
  • Direction Faces: North

Utilities

  • Cooling: Central Air
  • Utilities: Cable Available, Electricity Connected
  • Heating: Central
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public, Well

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: Johnson

Lot Info

  • Parcel #: 2723025

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2528.0

MLS Schools

  • Elementary School: Croton
  • High School: Eau Gallie

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2023
Closed on
Oct 27, 2023
Sold by
Bought by
Seller's Agent
Kheyla Soriano
Relentless Real Estate Co.
Buyer's Agent
James Iverson
Atlantic Group Real Estate
List Price
$329,999
Sold Price
$320,000
Premium/Discount to List
-$9,999
-3.03%
Views
194
Current Estimated Value
$259,816

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$60,184
Avg. Annual Appreciation
-7.56%
Original Mortgage
$314,204
Interest Rate
6.61%
Mortgage Type
FHA

Purchase Details

Listed on
Jan 10, 2023
Closed on
Feb 10, 2023
Sold by
Bought by
Seller's Agent
Scott Fader
Joseph Walter Realty, LLC
Buyer's Agent
Scott Fader
Joseph Walter Realty, LLC
List Price
$158,000
Sold Price
$130,000
Premium/Discount to List
-$28,000
-17.72%
Views
327

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
337.85%

Purchase Details

Closed on
Aug 24, 2022
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
5.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 30, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
5.79%

Purchase Details

Closed on
Apr 4, 2002
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$320,000 On Target Title
$320,000 On Target Title
$130,000 Simply Title
$1,064 None Listed On Document
$70,000 First American Title Ins Co
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $314,204
Previous Owner $130,000
Previous Owner $56,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/27/2023 10/27/23 Sold $320,000 -1.5% $257 / Sq Ft
10/02/2023 10/02/23 Pending -- -- --
09/21/2023 09/21/23 Price Changed $325,000 -1.5% $261 / Sq Ft
09/08/2023 09/08/23 For Sale $329,999 +153.8% $265 / Sq Ft
03/20/2023 03/20/23 Sold $130,000 -9.7% $109 / Sq Ft View Prior Sale
01/24/2023 01/24/23 Pending -- -- --
01/20/2023 01/20/23 Price Changed $144,000 -8.9% $121 / Sq Ft
01/10/2023 01/10/23 For Sale $158,000 -- $133 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,073 $215,130 -- --
2024 $2,800 $212,520 -- --
2023 $2,800 $154,070 -- --
2022 $2,528 $179,960 $0 $0
2021 $2,238 $132,030 $60,000 $72,030
2020 $2,078 $123,740 $52,000 $71,740
2019 $2,016 $120,560 $48,000 $72,560
2018 $1,910 $114,270 $45,000 $69,270
2017 $1,759 $98,500 $35,000 $63,500
2016 $1,561 $70,390 $24,000 $46,390
2015 $1,462 $63,360 $21,900 $41,460
2014 $1,358 $58,910 $20,010 $38,900
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 974725

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-37-20-26-0000A.0-0006.00

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