NOT LISTED FOR SALE

2300 Summer Brook St Melbourne, FL 32940

Estimated Value: $478,000 - $538,000

4 Beds
3 Baths
2,558 Sq Ft
$198/Sq Ft Est. Value

Last Sold January 06, 2025

Last sale price $492,000 $192 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,290/month

15 Days on Market

Highlights

  • In Ground Pool
  • Central Heating and Cooling System
  • West Facing Home
  • Sherwood Elementary School Rated 9+
  • 2 Car Garage
  • Many Trees

About This Home

As of January 2025

UNREAL OPPORTUNITY to purchase a property well below market value! Similar homes in this subdivision are going for close to $600k! The only ''real'' work this home needs is a new roof, the rest would be cosmetic. The owner has already received estimates for roof and for a complete renovation. We have been instructed to list it at this crazy low price for a quick sale. If we don't have a contract in 30 days, the owner will complete the renovations and re-list at upward of $600k. Identical pool home model in neighborhood listed at $598k and is already under contract. This is NO JOKE! Great investment for a fix and flip or amazing opportunity for a family to enter this neighborhood at a price point that otherwise would be impossible to find. Home is very well kept and aside from roof is absolutely move in ready. Original owner, used sparingly over the years as mostly a vacation home. Act quickly!

Last Agent to Sell the Property

Maria Portunato

SpaceTown Property Solutions License #3313592 Listed on: 11/16/2024

Last Buyer's Agent

Lara Fergueson

Coldwell Banker Realty License #3522058

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1998

Lot Details

  • 9,583 Sq Ft Lot
  • West Facing Home
  • Many Trees

HOA Fees

  • $28 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Block Exterior
  • Stucco

Interior Spaces

  • 2,558 Sq Ft Home
  • 1-Story Property
  • Furniture Can Be Negotiated

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Pool

  • In Ground Pool

Schools

  • Sherwood Elementary School
  • Delaura Middle School
  • Satellite High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • Summer Brook HOA
  • Summer Brook Section 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 26-37-31-04-00000.0-0196.00

Home Details

Home Type

Single Family

Year Built

Built in 1998

Lot Details

0

HOA Fees

$28 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1998
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Many Trees
  • Co List Office Mls Id: spa.ostps
  • Co List Office Phone: 321-312-0776
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Summer Brook Section 1
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 26-37-31-04-00000.0-0196.00
  • Location Tax and Legal Elementary School: Sherwood
  • Location Tax and Legal Middle School2: DeLaura
  • Location Tax and Legal High School: Satellite
  • Location Tax and Legal Tax Year2: 2024
  • General Property Information Living Area2: 2558.0
  • General Property Information Lot Size Acres: 0.22
  • General Property Information Lot Size Square Feet2: 9583.0
  • 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: West
  • Cooling Central Air: Yes
  • General Property Information Community Fee(s) YN: No
  • Pool Features In Ground: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • Utilities Sewer Available: Yes
  • General Property Information CDD Fee YN: No
  • General Property Information Stories2: 1
  • Marketing Remarks:Marketing Remarks: UNREAL OPPORTUNITY to purchase a property well below market value! Similar homes in this subdivision are going for close to $600k! The only "real" work this home needs is a new roof, the rest would be cosmetic. The owner has already received estimates for roof and for a complete renovation. We have been instructed to list it at this crazy low price for a quick sale. If we don't have a contract in 30 days, the owner will complete the renovations and re-list at upward of $600k. Identical pool home model in neighborhood listed at $598k and is already under contract. This is NO JOKE! Great investment for a fix and flip or amazing opportunity for a family to enter this neighborhood at a price point that otherwise would be impossible to find. Home is very well kept and aside from roof is absolutely move in ready. Original owner, used sparingly over the years as mostly a vacation home. Contact SpaceTown Property Solutions for more info. info@spacetown321.com
  • General Property Information:Pool Private YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Stories: 1
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Pool Features: In Ground
  • Acres: 0.22
  • Pool Private: Yes
  • Waterfront: No
  • Construction Type: Block, Stucco
  • Direction Faces: West
  • Construction Materials:Block2: Yes
  • Construction Materials:Stucco: Yes
  • Lot Features:Many Trees: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Garage
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Garage: Yes

Utilities

  • Cooling: Central Air
  • Utilities: Cable Available, Electricity Connected, Sewer Available, Water Available
  • Heating: Central
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 330.0
  • Association Fee Frequency: Annually
  • Association Name: Summer Brook HOA
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: Summer Brook HOA
  • General Property Information:Association Fee: 330.0
  • General Property Information:Association Fee Frequency: Annually

Schools

  • Middle Or Junior School: DeLaura

Lot Info

  • Current Use: Residential, Single Family
  • Lot Size Sq Ft: 9583.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 26-37-31-04-00000.0-0196.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Negotiable

Tax Info

  • Tax Year: 2024

MLS Schools

  • Elementary School: Sherwood
  • High School: Satellite

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2024
Closed on
Jan 6, 2025
Sold by
Burns Alexander M and Burns Valerie A
Bought by
Grossmann William and Erickson Andrew
Seller's Agent
Maria Portunato
SpaceTown Property Solutions
Buyer's Agent
Lara Fergueson
Coldwell Banker Realty
List Price
$492,000
Sold Price
$492,000
Views
56
Current Estimated Value
$507,066

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,066
Avg. Annual Appreciation
2.97%
Original Mortgage
$467,400
Outstanding Balance
$464,154
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$42,912

Purchase Details

Closed on
Sep 9, 2011
Sold by
Burns Alexander M and Burns Valerie A
Bought by
Burns Alexander M and Burns Valerie A

Purchase Details

Closed on
Dec 30, 1998
Sold by
Centex Real Est Corp
Bought by
Burns Alexander M and Burns Valerie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,600
Interest Rate
6.77%
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
Grossmann William $492,000 Bella Title & Escrow
Grossmann William $492,000 Bella Title & Escrow
Burns Alexander M -- Attorney
Burns Alexander M $183,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grossmann William $467,400
Closed Grossmann William $467,400
Previous Owner Burns Alexander M $103,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/06/2025 01/06/25 Sold $492,000 0.0% $192 / Sq Ft
12/01/2024 12/01/24 Pending -- -- --
11/16/2024 11/16/24 For Sale $492,000 -- $192 / 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 $7,647 $473,550 -- --
2024 $7,516 $453,880 -- --
2023 $7,516 $486,420 -- --
2022 $6,605 $436,550 $0 $0
2021 $5,885 $321,030 $75,000 $246,030
2020 $5,464 $295,990 $65,000 $230,990
2019 $5,839 $304,880 $65,000 $239,880
2018 $5,444 $278,670 $60,000 $218,670
2017 $5,119 $257,050 $50,000 $207,050
2016 $4,893 $229,510 $45,000 $184,510
2015 $4,547 $210,840 $38,000 $172,840
2014 $4,092 $191,680 $30,000 $161,680
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 1029886

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 26-37-31-04-00000.0-0196.00