NOT LISTED FOR SALE

2383 Iowa Dr Melbourne, FL 32935

Estimated Value: $161,000 - $249,000

3 Beds
2 Baths
1,002 Sq Ft
$207/Sq Ft Est. Value

Last Sold July 31, 2020

Last sale price $115,000 $115 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $1,349/month

514 Days on Market

Highlights

  • City View
  • No HOA
  • 1-Story Property
  • Vaulted Ceiling
  • Tile Flooring
  • Central Heating and Cooling System

About This Home

As of July 2020

3 Bedroom CBS Home in Desirable Community in Roy Allen School District with Fenced Yard. Settling Issue Needs Repair requiring Cash Only.
Newer HVAC, Complete Ducting, and Roof.

Last Agent to Sell the Property

Roy Kellner

Coldwell Banker Realty License #3154833 Listed on: 03/21/2020

Coldwell Banker Realty

Last Buyer's Agent

Chris DeMarco

Demarco Properties License #3009042

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,496

Year Built

  • Built in 1961

Lot Details

  • 6,534 Sq Ft Lot
  • West Facing Home
  • Chain Link Fence

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,002 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Tile Flooring
  • City Views

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Schools

  • Roy Allen Elementary School
  • Central Middle School
  • Eau Gallie High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Cresthaven Homes Sec 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 27-37-19-75-0000e.0-0024.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,496

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1961
  • Reso Property Sub Type: Single Family Residence
  • Reso View: City
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Cresthaven Homes Sec 1
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 27-37-19-75-0000e.0-0024.00
  • Location Tax and Legal Elementary School: Roy Allen
  • Location Tax and Legal Middle School2: Central
  • Location Tax and Legal High School: Eau Gallie
  • Location Tax and Legal Tax Annual Amount: 1496.46
  • Location Tax and Legal Tax Year2: 2018
  • General Property Information Living Area2: 1002.0
  • General Property Information Building Area Total3: 1002.0
  • General Property Information Lot Size Acres: 0.15
  • General Property Information Lot Size Square Feet2: 6534.0
  • 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
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Fencing Fenced2: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Levels One: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Fencing Chain Link: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Primary Bathroom - Tub with Shower, Vaulted Ceiling(s)
  • Flooring: Tile
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Vaulted Ceiling(s): Yes

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Fencing: Chain Link, Fenced
  • Acres: 0.15
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: West
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • View:City3: Yes

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Water Available
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: Central

Lot Info

  • Lot Size Sq Ft: 6534.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2722101
  • Parcel #: 27-37-19-75-0000e.0-0024.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 1496.46

MLS Schools

  • Elementary School: Roy Allen
  • High School: Eau Gallie

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 22, 2024
Sold by
Sai Re Holdings Llc
Bought by
Sai Re Holdings 7 Llc
Current Estimated Value
$207,037

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
$5,605,034
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
-$5,383,486

Purchase Details

Closed on
Dec 13, 2020
Sold by
Sai Property Investments Inc
Bought by
Sai Re Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,646,000
Interest Rate
2.71%
Mortgage Type
Commercial

Purchase Details

Listed on
Mar 21, 2020
Closed on
Jul 28, 2020
Sold by
Lknp Holdings Llc
Bought by
Sai Property Investments Inc
Seller's Agent
Roy Kellner
Coldwell Banker Realty
Buyer's Agent
Chris DeMarco
Demarco Properties
List Price
$134,000
Sold Price
$115,000
Premium/Discount to List
-$19,000
-14.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.89%
Original Mortgage
$126,000
Interest Rate
3.1%
Mortgage Type
Stand Alone Second

Purchase Details

Listed on
Jul 20, 2013
Closed on
Aug 9, 2013
Sold by
Arrington Charles Coty and Arrington Charles C
Bought by
Lknp Holdings Llc
Seller's Agent
Roy Kellner
Coldwell Banker Residential Re
Buyer's Agent
Roy Kellner
Coldwell Banker Residential Re
List Price
$40,000
Sold Price
$38,500
Premium/Discount to List
-$1,500
-3.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.97%

Purchase Details

Closed on
Feb 1, 2010
Sold by
Endres Jania K and Arrington Frances Queen
Bought by
Arrington Charles C

Purchase Details

Closed on
Jan 20, 2010
Sold by
Queen John G
Bought by
Arrington Charles Coty
Source: Public Records

Range of Values:

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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
Sai Re Holdings 7 Llc $100 Title Team
Sai Re Holdings Llc $1,257,000 Title Team Co Rebekah Gimene
Sai Property Investments Inc $115,000 Echelon Title Services Llc
Lknp Holdings Llc $38,500 Attorney
Arrington Charles C -- Attorney
Arrington Charles Coty $10,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sai Re Holdings 7 Llc $5,644,000
Previous Owner Sai Re Holdings Llc $2,646,000
Previous Owner Sai Property Investments Inc $126,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2020 07/31/20 Sold $115,000 -11.5% $115 / Sq Ft
07/18/2020 07/18/20 Pending -- -- --
06/15/2020 06/15/20 Price Changed $129,999 -3.0% $130 / Sq Ft
03/21/2020 03/21/20 Price Changed $134,000 0.0% $134 / Sq Ft
03/21/2020 03/21/20 For Sale $134,000 +16.5% $134 / Sq Ft
01/09/2020 01/09/20 Off Market $115,000 -- --
12/12/2019 12/12/19 Pending -- -- --
11/24/2019 11/24/19 For Sale $145,000 +26.1% $145 / Sq Ft
11/21/2019 11/21/19 Off Market $115,000 -- --
02/20/2019 02/20/19 For Sale $145,000 +276.6% $145 / Sq Ft
08/09/2013 08/09/13 Sold $38,500 -3.8% $38 / Sq Ft
07/20/2013 07/20/13 Pending -- -- --
07/19/2013 07/19/13 For Sale $40,000 -- $40 / 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
2024 $2,654 $162,440 -- --
2023 $2,654 $166,350 $0 $0
2022 $2,344 $150,310 $0 $0
2021 $2,093 $110,570 $60,000 $50,570
2020 $1,634 $111,710 $52,000 $59,710
2019 $1,581 $107,420 $48,000 $59,420
2018 $1,496 $100,520 $45,000 $55,520
2017 $1,363 $84,420 $35,000 $49,420
2016 $1,148 $52,960 $24,000 $28,960
2015 $1,066 $44,350 $19,010 $25,340
2014 $962 $40,320 $15,500 $24,820
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 837394

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-37-19-75-0000E.0-0024.00