NOT LISTED FOR SALE

2331 Allan Adale Rd Melbourne, FL 32935

Estimated Value: $204,000 - $429,000

3 Beds
1 Bath
870 Sq Ft
$326/Sq Ft Est. Value

Last Sold February 28, 2024

Last sale price $200,000 $230 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $1,708/month

Highlights

  • Corner Lot
  • No HOA
  • Central Heating and Cooling System
  • Sherwood Elementary School Rated 9+
  • Security System Owned
  • North Facing Home

About This Home

As of February 2024

Investors take note. Mostly renovated home in Sherwood Park. Great rental opportunity.

Last Agent to Sell the Property

Paige Lane

Keller Williams Realty Brevard License #3337624 Listed on: 02/07/2024

Keller Williams Realty Brevard

Last Buyer's Agent

Paige Lane

Keller Williams Realty Brevard License #3337624 Listed on: 02/07/2024

Keller Williams Realty Brevard

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,623

Year Built

  • Built in 1957

Lot Details

  • 9,583 Sq Ft Lot
  • North Facing Home
  • Corner Lot

Parking

  • 1 Carport Space

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 870 Sq Ft Home
  • 1-Story Property
  • Security System Owned
  • Washer

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

  • Sherwood Elementary School
  • Johnson Middle School
  • Eau Gallie High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Sherwood Park Sec B Subdivision

Listing and Financial Details

  • Assessor Parcel Number 26-37-31-79-000ee.0-0025.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,623

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1957
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Corner Lot
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • ResoSecurityFeatures: Security System Owned
  • Subdivision Name: Sherwood Park Sec B
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 26-37-31-79-000ee.0-0025.00
  • Location Tax and Legal Elementary School: Sherwood
  • Location Tax and Legal Middle School2: Johnson
  • Location Tax and Legal High School: Eau Gallie
  • Location Tax and Legal Tax Year2: 2023
  • General Property Information Living Area2: 870.0
  • General Property Information Lot Size Acres: 0.22
  • General Property Information Lot Size Square Feet2: 9583.2
  • General Property Information New Construction YN: No
  • General Property Information Carport Spaces2: 1.0
  • General Property Information Waterfront YN: No
  • General Property Information Direction Faces: North
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • General Property Information Community Fee(s) YN: No
  • Washers: Yes
  • Levels One: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: Yes
  • Security Features Security System Owned: Yes
  • Utilities Sewer Connected: Yes
  • General Property Information Land Lease YN2: No
  • General Property Information CDD Fee YN: No
  • Utilities Water Connected: Yes
  • General Property Information Stories2: 1
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Other
  • Appliances: Dishwasher, Disposal, Electric Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Acres: 0.22
  • Waterfront: No
  • Construction Type: Block, Concrete
  • Direction Faces: North
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Lot Features:Corner Lot: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Cable Available, Electricity Connected, Sewer Connected, Water Connected
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: Johnson

Lot Info

  • Current Use: Residential, Single Family
  • Land Lease: No
  • Lot Size Sq Ft: 9583.2
  • ResoLotSizeUnits: Acres
  • Parcel #: 26-37-31-79-000ee.0-0025.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2023

MLS Schools

  • Elementary School: Sherwood
  • High School: Eau Gallie

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 22, 2024
Sold by
Sai Property Investments Inc
Bought by
Sai Re Holdings 7 Llc
Current Estimated Value
$284,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,644,000
Outstanding Balance
$5,595,013
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
-$5,311,013

Purchase Details

Listed on
Feb 7, 2024
Closed on
Feb 28, 2024
Sold by
Kratzer Joseph A
Bought by
Sai Property Investments Inc
Seller's Agent
Paige Lane
Keller Williams Realty Brevard
Buyer's Agent
Paige Lane
Keller Williams Realty Brevard
List Price
$220,000
Sold Price
$200,000
Premium/Discount to List
-$20,000
-9.09%
Views
19

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.52%
Original Mortgage
$180,000
Interest Rate
6.6%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 17, 2006
Sold by
Smith Dorothy M and Dorothy M Smith Revocable Trus
Bought by
Kratzer Joseph A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
6.29%

Purchase Details

Closed on
Feb 2, 2006
Sold by
Smith Dorothy Mary Ethel and Wedding Donna M
Bought by
Smith Dorothy M and Dorothy M Smith Revocable Trus

Purchase Details

Closed on
Feb 11, 1997
Sold by
Smith Dorothy Mary Ethel
Bought by
Smith Dorothy Mary Ethel and Wedding Donna M
Source: Public Records

Range of Values:

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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
Sai Re Holdings 7 Llc $100 Title Team
Sai Property Investments Inc $620,000 Foundation Title & Settlement
Sai Property Investments Inc $620,000 Foundation Title & Settlement
Kratzer Joseph A $130,000 Sterling Title & Trust
Smith Dorothy M -- Attorney
Smith Dorothy Mary Ethel -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sai Re Holdings 7 Llc $5,644,000
Previous Owner Sai Property Investments Inc $180,000
Previous Owner Kratzer Joseph A $104,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2024 02/28/24 Sold $200,000 -9.1% $230 / Sq Ft
02/07/2024 02/07/24 Pending -- -- --
02/07/2024 02/07/24 For Sale $220,000 -- $253 / 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 $2,623 $168,510 -- --
2024 $2,547 $166,270 -- --
2023 $2,547 $173,490 $70,000 $103,490
2022 $2,333 $174,510 $0 $0
2021 $2,123 $139,320 $60,000 $79,320
2020 $1,870 $112,850 $45,000 $67,850
2019 $1,843 $114,680 $45,000 $69,680
2018 $1,735 $106,520 $40,000 $66,520
2017 $1,584 $89,650 $34,000 $55,650
2016 $1,422 $66,570 $22,000 $44,570
2015 $1,332 $56,030 $18,000 $38,030
2014 $1,198 $50,940 $14,000 $36,940
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 1003757

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 26-37-31-79-000EE.0-0025.00