NOT LISTED FOR SALE

Estimated Value: $639,000 - $1,261,000

3 Beds
2 Baths
1,394 Sq Ft
$714/Sq Ft Est. Value

Last Sold February 21, 2017

Last sale price $249,000 $179 Per Sq Ft

Est. 300% increase in value since last sale

Current estimated payment $5,715/month

6 Days on Market

Highlights

  • No HOA
  • 2 Car Attached Garage
  • North Facing Home
  • Gemini Elementary School Rated A-
  • 1-Story Property
  • Carpet

About This Home

As of February 2017

Steps to the ocean for this three bedroom two bath home. Needs rehab from top to bottom. Great opportunity.

Last Agent to Sell the Property

Bill Kehoe, Broker

NextHome Platinum License #3375499 Listed on: 12/28/2016

NextHome Platinum

Last Buyer's Agent

Lynn Burley

Burley Properties License #3105875

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,521

Year Built

  • Built in 1960

Lot Details

  • 0.31 Acre Lot
  • North Facing Home

Parking

  • 2 Car Attached Garage

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 1,394 Sq Ft Home
  • 1-Story Property
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Gemini Elementary School
  • Hoover Middle School
  • Melbourne High School

Community Details

  • No Home Owners Association
  • Wilcox Melbourne Beach Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 28-38-08-Fy-00017.0-0009.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,521

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1960
  • Reso Property Sub Type: Single Family Residence
  • ResoSpecialListingConditions: Real Estate Owned
  • Subdivision Name: Wilcox Melbourne Beach
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 28-38-08-Fy-00017.0-0009.00
  • Location Tax and Legal Elementary School: Gemini
  • Location Tax and Legal Middle School2: Hoover
  • Location Tax and Legal High School: Melbourne
  • Location Tax and Legal Tax Annual Amount: 4520.62
  • Location Tax and Legal Tax Year2: 2016
  • General Property Information Living Area2: 1394.0
  • General Property Information Building Area Total3: 1874.0
  • General Property Information Lot Size Acres: 0.31
  • General Property Information Lot Size Square Feet2: 13504.0
  • 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: North
  • Levels One: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Flooring Carpet: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • Special Listing Conditions Real Estate Owned: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet
  • Appliances: None
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • ResoLivingAreaSource: PublicRecords
  • Appliances:None: Yes

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Acres: 0.31
  • Waterfront: No
  • Construction Type: Block, Concrete
  • Direction Faces: North
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Attached: Yes

Utilities

  • Utilities: 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: 13504.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 28-38-08-Fy-00017.0-0009.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 4520.62

MLS Schools

  • Elementary School: Gemini
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2016
Closed on
Jan 29, 2017
Sold by
Mortgage Equity Conversonon
Bought by
Liv Lynn Carol Burley Revocable
Seller's Agent
Bill Kehoe, Broker
NextHome Platinum
Buyer's Agent
Lynn Burley
Burley Properties
List Price
$170,000
Sold Price
$249,000
Premium/Discount to List
$79,000
46.47%
Current Estimated Value
$995,447

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$746,447
Avg. Annual Appreciation
16.93%

Purchase Details

Closed on
Nov 2, 2016
Sold by
Hastings Candace
Bought by
Us Bank Of Na

Purchase Details

Closed on
Sep 13, 2007
Sold by
Corini Carol
Bought by
Hastings Candace

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,025
Interest Rate
3.63%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Jun 30, 2006
Sold by
Hastings Candace
Bought by
Hastings Candace and Corini Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
15%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Liv Lynn Carol Burley Revocable $249,000 Attorney
Us Bank Of Na $250,000 None Available
Hastings Candace $73,600 Federal Title Ins Agency Inc
Hastings Candace $58,500 Nexus Title & Assoc Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hastings Candace $332,025
Previous Owner Hastings Candace $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/23/2023 12/23/23 Off Market $249,000 -- --
02/21/2017 02/21/17 Sold $249,000 +46.5% $179 / Sq Ft
01/04/2017 01/04/17 Pending -- -- --
12/28/2016 12/28/16 For Sale $170,000 -- $122 / 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 $6,004 $442,950 -- --
2024 $5,867 $430,470 -- --
2023 $5,867 $417,940 $0 $0
2022 $5,230 $371,120 $0 $0
2021 $5,406 $360,320 $0 $0
2020 $5,361 $355,350 $0 $0
2019 $5,350 $347,370 $0 $0
2018 $3,189 $182,970 $182,970 $0
2017 $5,151 $287,560 $182,970 $104,590
2016 $4,521 $239,760 $154,080 $85,680
2015 $2,159 $150,190 $144,450 $5,740
2014 $2,162 $149,000 $130,010 $18,990
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 771811

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-38-08-FY-00017.0-0009.00