NOT LISTED FOR SALE

1972 Sarno Rd Melbourne, FL 32935

Estimated Value: $215,000 - $269,000

3 Beds
2 Baths
1,376 Sq Ft
$174/Sq Ft Est. Value

Last Sold August 25, 2023

Last sale price $220,000 $160 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,451/month

29 Days on Market

Highlights

  • City View
  • Tile Flooring
  • Central Heating and Cooling System
  • No HOA
  • 1-Story Property
  • 2-minute walk to Oxford Ridge Park

About This Home

As of August 2023

Back on the market with major price improvement! Fantastic home at an amazing price. Charming concrete block 3/2 home that would make a great flip, hold and rent, or live in investment. 4 Point Inspection on file. Brand NEW AC 2023, new water heater in 2021, electrical circuit breakers replaced in 2015, full roof replacement in 2004 (in overall good condition per report), Fully fenced yard, enclosed front/side porch that adds extra square footage, additional separate fenced side yard for dogs, great carport, and overall great space to make your own.
Centrally located, easy access to I-95 and US-1. Jimmy Moore Park: 1 mile. Eau Gallie arts and restaurant district: 2 miles. Downtown Melbourne: 5 miles.

Last Agent to Sell the Property

Stephen Guidry

321 Realty, LLC License #3388685 Listed on: 07/13/2023

Co-Listed By

Matthew Kerr

321 Realty, LLC

Last Buyer's Agent

Regina Aguirre

LPT Realty, LLC License #3500552

LPT Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,217

Year Built

  • Built in 1958

Lot Details

  • 8,712 Sq Ft Lot
  • South Facing Home

Parking

  • 1 Carport Space

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 1,376 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • City Views

Flooring

  • Tile
  • Terrazzo

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Bowe Gardens Sec A Association
  • Bowe Gardens Sec A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 27-37-20-26-0000b.0-0020.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,217

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1958
  • Reso Property Sub Type: Single Family Residence
  • Reso View: City
  • Co List Office Mls Id: spc.o321r
  • Co List Office Phone: 407-456-2282
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Bowe Gardens Sec A
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 27-37-20-26-0000b.0-0020.00
  • Location Tax and Legal Tax Annual Amount: 2216.79
  • Location Tax and Legal Tax Year2: 2022
  • General Property Information Living Area2: 1376.0
  • General Property Information Building Area Total3: 1376.0
  • 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 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
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Levels One: Yes
  • Pets Allowed Yes: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Flooring Terrazzo: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: Yes
  • General Property Information:Pool Private YN: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Flooring: Terrazzo, Tile
  • Appliances: Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Features:Ceiling Fan(s): Yes

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Acres: 0.2
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Block, Concrete
  • Direction Faces: South
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • View:City3: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Carport
  • General Property Information:Garage YN: No
  • Parking Features:Carport: 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 Name: BOWE GARDENS SEC A
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No
  • General Property Information:Association Name: BOWE GARDENS SEC A

Lot Info

  • Lot Size Sq Ft: 8712.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 27-37-20-26-0000b.0-0020.00

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2216.79

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2023
Closed on
Aug 25, 2023
Sold by
Fournier Michael
Bought by
Johnson Evan J and Miller Mercedes L
Seller's Agent
Stephen Guidry
321 Realty, LLC
Buyer's Agent
Regina Aguirre
LPT Realty, LLC
List Price
$230,000
Sold Price
$220,000
Premium/Discount to List
-$10,000
-4.35%
Views
56
Current Estimated Value
$238,820

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,820
Avg. Annual Appreciation
3.60%
Original Mortgage
$10,801
Outstanding Balance
$10,564
Interest Rate
6.78%
Estimated Equity
$228,256

Purchase Details

Listed on
Feb 25, 2021
Closed on
Apr 13, 2021
Sold by
Shearer Danny L and Shearer Mary M
Bought by
Fournier Michael
Seller's Agent
Tina Adamson
RE/MAX Aerospace Realty
Buyer's Agent
Delania Hubbard
321 Realty, LLC
List Price
$180,000
Sold Price
$170,000
Premium/Discount to List
-$10,000
-5.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.54%
Original Mortgage
$166,920
Interest Rate
3%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 27, 2011
Sold by
Vaughn Daniel L and Vaughn Karen S
Bought by
Shearer Danny L and Shearer Mary M

Purchase Details

Closed on
Apr 26, 2010
Sold by
Shearer Danny L and Shearer Mary M
Bought by
Vaughn Daniel L and Melbourne Karen S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
4.94%

Purchase Details

Closed on
Oct 2, 1996
Sold by
Shearer Danny L and Shearer Mary M
Bought by
Shearer Danny L
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
Johnson Evan J $220,000 None Listed On Document
Fournier Michael $170,000 The Title Station Inc
Shearer Danny L $85,000 Attorney
Vaughn Daniel L $100,000 Attorney
Shearer Danny L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Evan J $10,801
Open Johnson Evan J $216,015
Previous Owner Fournier Michael $166,920
Previous Owner Vaughn Daniel L $85,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/25/2023 08/25/23 Sold $220,000 +10.0% $160 / Sq Ft
07/18/2023 07/18/23 Pending -- -- --
07/13/2023 07/13/23 Price Changed $200,000 -13.0% $145 / Sq Ft
07/13/2023 07/13/23 For Sale $230,000 0.0% $167 / Sq Ft
07/07/2023 07/07/23 Pending -- -- --
06/18/2023 06/18/23 For Sale $230,000 +35.3% $167 / Sq Ft
04/14/2021 04/14/21 Sold $170,000 -5.6% $125 / Sq Ft View Prior Sale
03/08/2021 03/08/21 Pending -- -- --
02/25/2021 02/25/21 For Sale $180,000 -- $132 / 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 $2,437 $180,720 -- --
2024 $2,370 $175,630 -- --
2023 $2,370 $170,310 $0 $0
2022 $2,217 $165,350 $0 $0
2021 $2,303 $122,200 $60,000 $62,200
2020 $2,165 $115,280 $52,000 $63,280
2019 $2,085 $110,690 $45,620 $65,070
2018 $2,004 $110,130 $45,620 $64,510
2017 $1,857 $96,510 $41,280 $55,230
2016 $1,748 $81,890 $41,280 $40,610
2015 $1,611 $70,330 $33,020 $37,310
2014 $1,665 $73,260 $39,110 $34,150
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 966575

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-37-20-26-0000B.0-0020.00