G
Seller's Agent in 2014
Gary Altizer
RE/MAX
2014 Wallace Ave Melbourne, FL 32935
Estimated Value: $281,000 - $299,000
3
Beds
2
Baths
1,426
Sq Ft
$204/Sq Ft
Est. Value
Highlights
- RV Access or Parking
- No HOA
- 2 Car Attached Garage
- Open Floorplan
- Screened Porch
- 4-minute walk to Oxford Ridge Park
About This Home
As of December 2014Concrete Block home features over 1,400 square feet of living. Perfect investment home. Needs extensive repairs, bones are there, ready for remodel. Features a fenced in yard, fireplace, screened porch, oversized 2 car garage, RV/Boat parking on side of home with concrete slab. See attachment for PAS requirements and WFHM offer submittal information in MLS document section. Agents please check the documents tab. Calendar Days 1-7: All offers will be rejected. We want REOs to have the exposure to the market and potential buyers. The date the property is listed is counted as Day 1. Calendar Days 8-15: PAS will entertain offers from all buyers except buyers purchasing as a secondary residence, parent(s) buying a home for their child/children, and investors. Offers that will be entertained include the following: Buyers purchasing a property as their primary residence, Municipalities purchasing a residence or a vacant lot Non-profit buyers purchasing a residence or a vacant lot Calendar Days 16+: We will entertain offers from all buyers once any offers received during days 8-15 have been full vetted.
Last Agent to Sell the Property
Gary Altizer
RE/MAX Alternative Realty Listed on: 11/14/2014
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $699
Year Built
- Built in 1962
Lot Details
- 7,841 Sq Ft Lot
- South Facing Home
Parking
- 2 Car Attached Garage
- RV Access or Parking
Home Design
- Fixer Upper
- Shingle Roof
- Concrete Siding
- Block Exterior
- Asphalt
- Stucco
Interior Spaces
- 1,426 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Wood Burning Fireplace
- Screened Porch
- Fire and Smoke Detector
Flooring
- Concrete
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Outdoor Features
- Patio
Schools
- Harbor City Elementary School
- Hoover Middle School
- Eau Gallie High School
Utilities
- Central Air
- Electric Water Heater
Community Details
- No Home Owners Association
- Bowe Gardens Sec K 2 Subdivision
Listing and Financial Details
- REO, home is currently bank or lender owned
- Assessor Parcel Number 27-37-20-51-0000g.0-0025.00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 12, 2015
Sold by
2014 Wallace Ave Land Trust
Bought by
Oliver Alice Ross and Oliver James Michael
Current Estimated Value
Purchase Details
Listed on
Nov 14, 2014
Closed on
Dec 8, 2014
Sold by
U S Bank National Association
Bought by
2014 Wallace Ave Land Trust
Seller's Agent
Gary Altizer
RE/MAX Alternative Realty
Buyer's Agent
Gary Altizer
EXP Realty LLC
List Price
$29,900
Sold Price
$41,100
Premium/Discount to List
$11,200
37.46%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.72%
Purchase Details
Closed on
Nov 25, 2013
Sold by
Woodruff Ralph and Woodruff Debby
Bought by
U S Bank National Association and Wachovia Bank N A
Purchase Details
Closed on
Aug 30, 2004
Sold by
Johnson Howard F and Johnson Jackie
Bought by
Woodruff Ralph and Woodruff Debby
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
8.35%
Purchase Details
Closed on
Feb 21, 1997
Sold by
Summerford Robert A and Summerford Gloria J
Bought by
Johnson Howard F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,900
Interest Rate
7.88%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Oliver Alice Ross | $119,900 | Absolute Title Insurance & E | |
| 2014 Wallace Ave Land Trust | $41,100 | Absolute Title & Escrow Serv | |
| U S Bank National Association | -- | None Available | |
| Woodruff Ralph | $140,000 | Security First Title Partner | |
| Johnson Howard F | $72,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Woodruff Ralph | $126,000 | |
| Previous Owner | Johnson Howard F | $63,900 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/09/2014 12/09/14 | Sold | $41,100 | +37.5% | $29 / Sq Ft |
| 11/17/2014 11/17/14 | Pending | -- | -- | -- |
| 10/24/2014 10/24/14 | For Sale | $29,900 | -- | $21 / Sq Ft |
Source: Space Coast MLS (Space Coast Association of REALTORS®)
Tax History Compared to Growth
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 | $1,896 | $166,910 | -- | -- |
| 2024 | $1,907 | $162,210 | -- | -- |
| 2023 | $1,907 | $157,490 | $0 | $0 |
| 2022 | $1,832 | $152,910 | $0 | $0 |
| 2021 | $1,834 | $148,460 | $0 | $0 |
| 2020 | $1,812 | $146,420 | $0 | $0 |
| 2019 | $1,815 | $143,130 | $0 | $0 |
| 2018 | $1,800 | $140,470 | $45,000 | $95,470 |
| 2017 | $2,365 | $122,930 | $35,000 | $87,930 |
| 2016 | $2,198 | $100,430 | $24,000 | $76,430 |
| 2015 | $1,698 | $74,390 | $20,620 | $53,770 |
| 2014 | $1,584 | $69,490 | $18,840 | $50,650 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: Space Coast MLS (Space Coast Association of REALTORS®)
MLS Number: 709612
APN: 27-37-20-51-0000G.0-0025.00
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