NOT LISTED FOR SALE

2499 Pepper Ave Melbourne, FL 32935

Estimated Value: $165,000 - $209,000

3 Beds
1 Bath
816 Sq Ft
$232/Sq Ft Est. Value

Last Sold April 23, 2018

Last sale price $82,500 $101 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $1,198/month

13 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • North Facing Home
  • 1 Car Attached Garage
  • 1-Story Property
  • Carpet

About This Home

As of April 2018

Investor Opportunity! Great Melbourne location close to everything with the potential to become a cozy starter home, retirement home or rental property. Concrete block with updated bathroom.

Last Agent to Sell the Property

Ivette Wagner

Coldwell Banker Realty Listed on: 03/09/2018

Last Buyer's Agent

Chris DeMarco

Demarco Properties License #3009042

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,407

Year Built

  • Built in 1958

Lot Details

  • 6,534 Sq Ft Lot
  • North Facing Home

Parking

  • 1 Car Attached Garage

Home Design

  • Fixer Upper
  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Vinyl Siding

Interior Spaces

  • 816 Sq Ft Home
  • 1-Story Property
  • Electric Range

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

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

Utilities

  • Cooling System Mounted To A Wall/Window

Community Details

  • No Home Owners Association
  • Bowe Gardens Sec J 3 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 27-37-19-05-0000m.0-0008.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,407

Year Built

Built in 1958

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1958
  • Reso Property Sub Type: Single Family Residence
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Bowe Gardens Sec J 3
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Reso Property Condition: Fixer
  • Location Tax and Legal Parcel Number2: 27-37-19-05-0000m.0-0008.00
  • Location Tax and Legal Elementary School: Sabal
  • Location Tax and Legal Middle School2: Johnson
  • Location Tax and Legal High School: Eau Gallie
  • Location Tax and Legal Tax Annual Amount: 1407.28
  • Location Tax and Legal Tax Year2: 2017
  • General Property Information Living Area2: 816.0
  • General Property Information Building Area Total3: 1180.0
  • 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: North
  • Levels One: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Flooring Carpet: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • Flooring Vinyl: Yes
  • Property Condition Fixer: Yes
  • Cooling WallWindow Unit(s): Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Carpet, Vinyl
  • Appliances: Electric Range
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • ResoLivingAreaSource: PublicRecords
  • Appliances:Electric Range: Yes

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Acres: 0.15
  • Waterfront: No
  • Construction Type: Block, Concrete, Vinyl Siding
  • Direction Faces: North
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Vinyl Siding: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes

Utilities

  • Cooling: Wall/Window Unit(s)
  • Utilities: Water Available
  • Cooling Y N: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: Johnson

Lot Info

  • Lot Size Sq Ft: 6534.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 27-37-19-05-0000m.0-0008.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 1407.28

MLS Schools

  • Elementary School: Sabal
  • High School: Eau Gallie

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 9, 2023
Sold by
Sai Rental Investments Llc
Bought by
Sai Re Holdings 5 Llc
Current Estimated Value
$189,011

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,700,000
Outstanding Balance
$4,578,398
Interest Rate
6.57%
Mortgage Type
New Conventional
Estimated Equity
-$4,389,387

Purchase Details

Closed on
Sep 25, 2018
Sold by
Sai Property Investments Inc
Bought by
Sai Rental Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,227,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Listed on
Mar 9, 2018
Closed on
Apr 8, 2018
Sold by
Moss Carey
Bought by
Sai Property Invesments Inc
Seller's Agent
Ivette Wagner
Coldwell Banker Realty
Buyer's Agent
Chris DeMarco
Demarco Properties
List Price
$90,000
Sold Price
$82,500
Premium/Discount to List
-$7,500
-8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.26%

Purchase Details

Closed on
Aug 12, 2009
Sold by
Moss Howard
Bought by
Moss Carey

Purchase Details

Closed on
Aug 12, 2007
Sold by
Moss Lamar and Moss Dennis Lamar
Bought by
Moss Carey

Purchase Details

Closed on
Sep 30, 1993
Sold by
Moss Myrtle V
Bought by
Moss Myrtle V and Moss Carey
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
Sai Re Holdings 5 Llc $1,425,500 Title Team
Sai Rental Investments Llc $750,500 Os National Llc
Sai Property Invesments Inc $82,500 Sunbelt Title Agency
Moss Carey -- Attorney
Moss Carey -- Attorney
Moss Myrtle V -- --
Moss Myrtle V -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sai Re Holdings 5 Llc $4,700,000
Previous Owner Sai Rental Investments Llc $1,227,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/23/2018 04/23/18 Sold $82,500 -8.3% $101 / Sq Ft
03/23/2018 03/23/18 Pending -- -- --
03/09/2018 03/09/18 For Sale $90,000 -- $110 / 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 $2,605 $152,140 -- --
2024 $2,384 $144,500 -- --
2023 $2,384 $159,940 $0 $0
2022 $2,076 $141,190 $0 $0
2021 $1,785 $93,500 $60,000 $33,500
2020 $1,674 $86,810 $52,000 $34,810
2019 $1,673 $83,550 $48,000 $35,550
2018 $1,543 $97,390 $45,000 $52,390
2017 $1,407 $81,820 $35,000 $46,820
2016 $1,241 $57,840 $24,000 $33,840
2015 $1,136 $48,190 $17,110 $31,080
2014 $1,044 $44,160 $15,640 $28,520
Source: Public Records

Agents Affiliated with this Home

  • I

    Seller's Agent in 2018

    Ivette Wagner

    Coldwell Banker Realty

  • Chris DeMarco

    Buyer's Agent in 2018

    Chris DeMarco

    Demarco Properties

    (412) 576-5436

    21 in this area

    43 Total Sales

    Chris DeMarco
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Map

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

MLS Number: 807476

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-37-19-05-0000M.0-0008.00

Florida Brevard County Melbourne 32935

2499 Pepper Ave, Melbourne, FL

Not Listed for Sale

Detached

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