NOT LISTED FOR SALE

2014 Wallace Ave Melbourne, FL 32935

Estimated Value: $272,000 - $296,000

3 Beds
2 Baths
1,426 Sq Ft
$198/Sq Ft Est. Value

Sale Details

Date Sold: December 9, 2014

Last sale price $41,100 $29 Per Sq Ft

Est. 586% increase in value since last sale

Current estimated payment $1,690 / mo

24 Days on Market

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 2014

Concrete 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

Last Buyer's Agent

Gary Altizer

EXP Realty LLC License #707870

EXP Realty LLC

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$699

Year Built

Built in 1962

Lot Details

7,841 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1962
  • Reso Property Sub Type: Single Family Residence
  • Road Surface Type: Asphalt
  • ResoSecurityFeatures: Smoke Detector(s)
  • ResoSpecialListingConditions: Real Estate Owned
  • Subdivision Name: Bowe Gardens Sec K 2
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Reso Property Condition: Fixer
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Open Floorplan
  • Flooring: Concrete, Tile
  • Appliances: Electric Water Heater, None
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Other, Wood Burning

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Acres: 0.18
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: South
  • Patio And Porch Features: Patio, Porch, Screened

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, RV Access/Parking

Utilities

  • Cooling: Central Air
  • Utilities: Water Available
  • Cooling Y N: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Lot Dimensions: 79.0 ft x 100.0 ft
  • Lot Size Sq Ft: 7841.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 27-37-20-51-0000g.0-0025.00

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 699.2

MLS Schools

  • Elementary School: Harbor City
  • 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

Closed on
Mar 12, 2015
Sold by
Bought by
Current Estimated Value
$282,032

Purchase Details

Listed on
Nov 14, 2014
Closed on
Dec 8, 2014
Sold by
Bought by
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
18.27%

Purchase Details

Closed on
Nov 25, 2013
Sold by
Bought by

Purchase Details

Closed on
Aug 30, 2004
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
$126,000
Interest Rate
8.35%

Purchase Details

Closed on
Feb 21, 1997
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
$63,900
Interest Rate
7.88%
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

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
$119,900 Absolute Title Insurance & E
$41,100 Absolute Title & Escrow Serv
-- None Available
$140,000 Security First Title Partner
$72,900 --
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 $126,000
Previous Owner $63,900
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
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

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 $2,014 $166,910 -- --
2024 $1,907 $162,210 -- --
2023 $1,907 $157,490 -- --
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

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Map

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

MLS Number: 709612

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-37-20-51-0000G.0-0025.00

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