NOT LISTED FOR SALE

1948 Nixon Ave Melbourne, FL 32935

Estimated Value: $207,000 - $254,000

3 Beds
2 Baths
999 Sq Ft
$223/Sq Ft Est. Value

Last Sold September 07, 2018

Last sale price $126,500 $127 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $1,525/month

7 Days on Market

Highlights

  • No HOA
  • 1-Story Property
  • 4-minute walk to Oxford Ridge Park
  • Terrazzo Flooring
  • South Facing Home

About This Home

As of September 2018

Turnkey Investment Property!! This 3 bedroom 2 bath home is perfect for the passive investor. Current tenant is paying $1225 per month and wants to stay long term (lease in effect until July 2019) . The home is in excellent condition, has newer ac, updated electrical paint, fresh paint and more. Owners are licensed Florida Realtors.

Last Agent to Sell the Property

Scott Schuetz

Arium Real Estate, LLC License #3269978 Listed on: 08/21/2018

Last Buyer's Agent

Donna Ellis

One Sotheby's Inter Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,485

Year Built

  • Built in 1959

Lot Details

  • 7,841 Sq Ft Lot
  • South Facing Home

Parking

  • 1 Carport Space

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 999 Sq Ft Home
  • 1-Story Property
  • Terrazzo Flooring
  • Electric Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 27-37-20-50-0000d.0-0020.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,485

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1959
  • Reso Property Sub Type: Single Family Residence
  • ResoSpecialListingConditions: Equitable Interest, Standard
  • Subdivision Name: None
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 27-37-20-50-0000d.0-0020.00
  • Location Tax and Legal Elementary School: Harbor City
  • Location Tax and Legal Middle School2: Hoover
  • Location Tax and Legal High School: Eau Gallie
  • Location Tax and Legal Tax Annual Amount: 1485.17
  • Location Tax and Legal Tax Year2: 2017
  • General Property Information Living Area2: 999.0
  • General Property Information Building Area Total3: 999.0
  • General Property Information Lot Size Acres: 0.18
  • General Property Information Lot Size Square Feet2: 7841.0
  • General Property Information New Construction YN: No
  • General Property Information Carport Spaces2: 1.0
  • General Property Information Waterfront YN: No
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: South
  • Appliances Refrigerators: Yes
  • Levels One: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Electricity Connected: Yes
  • Flooring Terrazzo: Yes
  • General Property Information Carport YN2: Yes
  • Utilities Water Available: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Terrazzo
  • Appliances: Electric Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • ResoLivingAreaSource: PublicRecords
  • Appliances:Electric Range: Yes

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Acres: 0.18
  • Waterfront: No
  • Construction Type: Block, Concrete
  • Direction Faces: South
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes

Garage/Parking

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

Utilities

  • Utilities: Electricity Connected, Water Available

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Lot Size Sq Ft: 7841.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2723325
  • Parcel #: 27-37-20-50-0000d.0-0020.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 1485.17

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 29, 2023
Sold by
Reasbeck Sarah M and Sweeney Cynthia Adras
Bought by
Sweeney Cynthia Adras
Current Estimated Value
$236,199

Purchase Details

Listed on
Aug 21, 2018
Closed on
Sep 6, 2018
Sold by
Ssg Holdings Llc
Bought by
Mccann Cynthia Sweeney and Reasbeck Sarah M
Seller's Agent
Scott Schuetz
Arium Real Estate, LLC
Buyer's Agent
Donna Ellis
One Sotheby's Inter Realty
List Price
$130,000
Sold Price
$126,500
Premium/Discount to List
-$3,500
-2.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.37%

Purchase Details

Closed on
Mar 21, 2018
Sold by
Dixon Kathy and Williams Kathy
Bought by
Ssg Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
4.38%

Purchase Details

Closed on
Jul 19, 2017
Sold by
Dixon Kathy and Estate Of Jay P Williams
Bought by
Dixon Kathy and Williams Kathy

Purchase Details

Closed on
Oct 10, 2011
Sold by
Williams Jay P and Williams Valarie J
Bought by
Williams Jay P

Purchase Details

Closed on
Aug 31, 2001
Sold by
Moore Cynthia and Moore Jay R
Bought by
Williams Jay P and Williams Valarie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,000
Interest Rate
6.98%

Purchase Details

Closed on
Sep 14, 1998
Sold by
Moore Cynthia and Wetzel Helen M
Bought by
Moore Cynthia
Source: Public Records

Range of Values:

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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
Sweeney Cynthia Adras $100 None Listed On Document
Mccann Cynthia Sweeney $126,500 Attorney
Ssg Holdings Llc $90,000 Attorney
Dixon Kathy -- Attorney
Williams Jay P -- None Available
Williams Jay P $53,000 --
Moore Cynthia -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ssg Holdings Llc $70,000
Previous Owner Wangerin Jerald $37,520
Previous Owner Williams Jay P $47,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2018 09/07/18 Sold $126,500 -2.7% $127 / Sq Ft
08/28/2018 08/28/18 Pending -- -- --
08/21/2018 08/21/18 For Sale $130,000 -- $130 / 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
2023 $2,769 $167,510 $0 $0
2022 $2,499 $159,730 $0 $0
2021 $2,238 $118,620 $60,000 $58,620
2020 $2,097 $110,180 $52,000 $58,180
2019 $2,096 $105,990 $48,000 $57,990
2018 $2,134 $105,770 $45,000 $60,770
2017 $1,485 $89,100 $35,000 $54,100
2016 $1,255 $55,700 $24,000 $31,700
2015 $1,178 $50,080 $20,620 $29,460
2014 $1,071 $45,180 $18,840 $26,340
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 822409

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-37-20-50-0000D.0-0020.00