NOT LISTED FOR SALE

1960 Sarno Rd Melbourne, FL 32935

Estimated Value: $201,000 - $282,000

3 Beds
4 Baths
1,578 Sq Ft
$150/Sq Ft Est. Value

Last Sold October 14, 2019

Last sale price $116,100 $74 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $1,551/month

164 Days on Market

Highlights

  • Open Floorplan
  • Eat-In Kitchen
  • Tile Flooring
  • No HOA
  • Laundry Room
  • 3-minute walk to Oxford Ridge Park

About This Home

As of October 2019

CALLING ALL INVESTORS!! . 3 bedroom 2 bath, with fireplace. close to schools ,shopping and the beaches, has a lot of potential. Great possibilities ! Needs some TLC. This is a short sale. the bank will not take anything less than $116,100, this will not last long,

Last Agent to Sell the Property

David Arnoff

EXIT 1st Class Realty License #3347268 Listed on: 04/18/2019

Last Buyer's Agent

Peter Pappas

Denovo Realty License #3432695

Denovo Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,321

Year Built

  • Built in 1958

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 79.0 x 110.0
  • South Facing Home

Parking

  • Guest Parking

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,578 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wood Burning Fireplace
  • Family Room
  • Dining Room
  • Tile Flooring
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub and Shower Combination in Primary Bathroom

Schools

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

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Bowe Gardens Sec A Subdivision

Listing and Financial Details

  • Short Sale
  • Assessor Parcel Number 27-37-20-26-0000b.0-0019.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,321

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1958
  • Reso Property Sub Type: Single Family Residence
  • Road Surface Type: Concrete
  • ResoSpecialListingConditions: Equitable Interest, Short Sale
  • Subdivision Name: Bowe Gardens Sec A
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 27-37-20-26-0000b.0-0019.00
  • 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: 2320.84
  • Location Tax and Legal Tax Year2: 2017
  • General Property Information Living Area2: 1578.0
  • General Property Information Building Area Total3: 1578.0
  • General Property Information Lot Size Acres: 0.2
  • General Property Information Lot Size Square Feet2: 8712.0
  • 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
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Levels One: Yes
  • Pets Allowed Yes: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • Room Types Dining Room: Yes
  • Room Types Family Room: Yes
  • Room Types Laundry: Yes
  • General Property Information Lot Size Dimensions: 79.0 x 110.0
  • Special Listing Conditions Short Sale: Yes
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Eat-in Kitchen, Open Floorplan, Primary Bathroom - Tub with Shower
  • Flooring: Tile
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning, Other
  • ResoLivingAreaSource: PublicRecords
  • General Property Information Bathrooms Half: 2
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Open Floorplan: Yes
  • Fireplace Features:Wood Burning: Yes

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Acres: 0.2
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: South
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Utilities: Cable Available, Water Available
  • Heating: Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Electric3: 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

  • Lot Dimensions: 79.0 x 110.0
  • Lot Size Sq Ft: 8712.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 27-37-20-26-0000b.0-0019.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 2320.84

MLS Schools

  • Elementary School: Croton
  • High School: Eau Gallie

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2019
Closed on
Oct 14, 2019
Sold by
Jones Lana A
Bought by
Gutierrez Francisco and Gutierrez Liz
Seller's Agent
David Arnoff
EXIT 1st Class Realty
Buyer's Agent
Peter Pappas
Denovo Realty
List Price
$116,100
Sold Price
$116,100
Current Estimated Value
$245,671

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,571
Avg. Annual Appreciation
11.90%
Original Mortgage
$104,490
Outstanding Balance
$91,725
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$145,310

Purchase Details

Listed on
Jun 23, 2016
Closed on
Sep 19, 2016
Sold by
Seelee Inc
Bought by
Jones Lana A
Seller's Agent
Jason Nagassar
Castle Realty Prof. Group LLC
Buyer's Agent
Andrea Hansen
House Facts Realty
List Price
$124,900
Sold Price
$118,500
Premium/Discount to List
-$6,400
-5.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.66%
Original Mortgage
$113,247
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Listed on
Jun 23, 2016
Closed on
Sep 1, 2016
Bought by
Jones Lana
Seller's Agent
Jason Nagassar
Castle Realty Prof. Group LLC
Buyer's Agent
Andrea Hansen
House Facts Realty
List Price
$124,900
Sold Price
$118,500
Premium/Discount to List
-$6,400
-5.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,247
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 20, 2010
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Seelee Inc

Purchase Details

Closed on
Jul 8, 2010
Sold by
Carlo Lydia and Case #05-2009-Ca-029049
Bought by
Citimortgage Inc

Purchase Details

Closed on
Jun 8, 1999
Sold by
Liddy L W
Bought by
Carlo Eric and Carlo Lydia
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
Gutierrez Francisco $116,100 North American Title Company
Jones Lana A $118,500 Saint Lawrence Title Incq
Jones Lana $132,800 --
Seelee Inc $45,000 Attorney
Federal Home Loan Mortgage Corp -- Attorney
Citimortgage Inc -- Attorney
Carlo Eric $43,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gutierrez Francisco $104,490
Previous Owner Jones Lana A $113,247
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/14/2019 10/14/19 Sold $116,100 0.0% $74 / Sq Ft
04/25/2019 04/25/19 Pending -- -- --
04/18/2019 04/18/19 For Sale $116,100 0.0% $74 / Sq Ft
04/17/2019 04/17/19 Price Changed $116,100 -3.3% $74 / Sq Ft
02/15/2019 02/15/19 Pending -- -- --
12/16/2018 12/16/18 Price Changed $120,000 -17.2% $76 / Sq Ft
11/12/2018 11/12/18 For Sale $145,000 +22.4% $92 / Sq Ft
09/19/2016 09/19/16 Sold $118,500 -5.1% $75 / Sq Ft View Prior Sale
08/05/2016 08/05/16 Pending -- -- --
06/23/2016 06/23/16 For Sale $124,900 -- $79 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

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 $3,294 $191,190 -- --
2024 $3,348 $184,510 -- --
2023 $3,348 $197,680 $0 $0
2022 $3,064 $195,490 $0 $0
2021 $2,758 $147,460 $60,000 $87,460
2020 $2,575 $136,560 $52,000 $84,560
2019 $2,537 $129,430 $45,620 $83,810
2018 $2,478 $123,970 $45,620 $78,350
2017 $2,321 $112,360 $41,280 $71,080
2016 $1,826 $84,920 $41,280 $43,640
2015 $1,691 $74,060 $33,020 $41,040
2014 $1,739 $76,730 $39,110 $37,620
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 829515

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-37-20-26-0000B.0-0019.00

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