2501 Reed Ave Melbourne, FL 32901
5
Beds
5
Baths
3,320
Sq Ft
0.32
Acres
Highlights
- Golf Course View
- Contemporary Architecture
- Main Floor Primary Bedroom
- Melbourne Senior High School Rated A-
- Vaulted Ceiling
- Corner Lot
About This Home
As of September 2024Motivated Seller! One of the MOST WELL PRICED properties in South Brevard based on square footage! 3,320 SFL Under Air! 4,580 SF Total! Five bedrooms, 3 full baths, 2 half baths. Oversized, side-entry 3 Car Garage. Over a third of an acre corner lot with fenced backyard and boat/RV parking options. Metal Roof. Impact doors and windows. Designer touches throughout - rounded corners, tray ceiling, art niches, granite counters and more. Formal living and dining rooms plus large family room downstairs. Large kitchen with plenty of cabinet/counter space. First floor master suite with spacious bedroom, two walk-in closets, garden tub, walk-in shower and access to the rear porch. Upstairs features 4 Bedrooms, 2 Baths and a flex space leading to the private deck overlooking the backyard and Crane Creek Reserve Golf Course. Plenty of room for a pool! No Homeowner's Association! No Rental Restrictions! Walk to Florida Tech, golf, Downtown Melbourne and more. A MUST SEE!
Last Agent to Sell the Property
Melbourne Realty, Inc. License #589128 Listed on: 08/21/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,011
Year Built
- Built in 2003 | Remodeled
Lot Details
- 0.32 Acre Lot
- West Facing Home
- Wood Fence
- Corner Lot
- Irregular Lot
Parking
- 3 Car Attached Garage
- Garage Door Opener
- Off-Street Parking
Home Design
- Contemporary Architecture
- Frame Construction
- Metal Roof
- Block Exterior
- Asphalt
- Stucco
Interior Spaces
- 3,320 Sq Ft Home
- 2-Story Property
- Vaulted Ceiling
- Ceiling Fan
- Entrance Foyer
- Golf Course Views
- High Impact Windows
Kitchen
- Electric Range
- Microwave
- Dishwasher
- Kitchen Island
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom on Main
- Split Bedroom Floorplan
- Walk-In Closet
- Separate Shower in Primary Bathroom
Laundry
- Laundry in unit
- Sink Near Laundry
- Washer and Electric Dryer Hookup
Outdoor Features
- Balcony
- Rear Porch
Schools
- University Park Elementary School
- Stone Middle School
- Melbourne High School
Utilities
- Central Heating and Cooling System
- Cable TV Available
Community Details
- No Home Owners Association
- Country Club Terrace Subdivision
Listing and Financial Details
- Assessor Parcel Number 28-37-09-28-0000a.0-0001.00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 21, 2024
Closed on
Sep 24, 2024
Sold by
Moore Girard W and Moore Gail R
Bought by
Leonard Brent
Seller's Agent
Stacey Buchanan
Melbourne Realty, Inc.
Buyer's Agent
Jeremy Sulzbach
Glover Properties
List Price
$549,900
Sold Price
$510,000
Premium/Discount to List
-$39,900
-7.26%
Views
24
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,108
Avg. Annual Appreciation
8.21%
Original Mortgage
$484,500
Outstanding Balance
$479,977
Interest Rate
6.46%
Mortgage Type
New Conventional
Estimated Equity
$67,131
Purchase Details
Listed on
Mar 27, 2012
Closed on
Sep 6, 2013
Sold by
Coston Richard J
Bought by
Moore Girard W and Moore Gail R
Seller's Agent
Margaret Chiger
Coston Appraisal & Research
Buyer's Agent
Sherrard DeJong
RE/MAX Elite
List Price
$299,900
Sold Price
$270,000
Premium/Discount to List
-$29,900
-9.97%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.91%
Original Mortgage
$212,000
Interest Rate
4.37%
Purchase Details
Listed on
Mar 27, 2012
Closed on
Jul 22, 2013
Sold by
Coston Diane L
Bought by
Coston Richard J
Seller's Agent
Margaret Chiger
Coston Appraisal & Research
Buyer's Agent
Sherrard DeJong
RE/MAX Elite
List Price
$299,900
Sold Price
$270,000
Premium/Discount to List
-$29,900
-9.97%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
4.37%
Purchase Details
Closed on
Jul 27, 1994
Sold by
Coston Richard J and Coston Diane L
Bought by
Hodson Glenn F
Purchase Details
Closed on
Aug 20, 1993
Sold by
Hodson Shari Zoe and Rash Beatrice Lavaghn Blakely
Bought by
Coston Richard J and Coston Diane L
Similar Homes in Melbourne, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $510,000 | State Title Partners | |
| Warranty Deed | $270,000 | State Title Partners Llp | |
| Warranty Deed | -- | State Title Partners Llp | |
| Warranty Deed | -- | -- | |
| Warranty Deed | $20,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $484,500 | New Conventional | |
| Previous Owner | $348,000 | New Conventional | |
| Previous Owner | $289,600 | New Conventional | |
| Previous Owner | $50,000 | Credit Line Revolving | |
| Previous Owner | $230,000 | New Conventional | |
| Previous Owner | $212,000 | No Value Available | |
| Previous Owner | $184,000 | New Conventional | |
| Previous Owner | $222,300 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/27/2024 09/27/24 | Sold | $510,000 | -7.3% | $154 / Sq Ft |
| 09/27/2024 09/27/24 | Pending | -- | -- | -- |
| 08/21/2024 08/21/24 | For Sale | $549,900 | +103.7% | $166 / Sq Ft |
| 09/06/2013 09/06/13 | Sold | $270,000 | -10.0% | $81 / Sq Ft |
| 05/12/2013 05/12/13 | Pending | -- | -- | -- |
| 03/26/2012 03/26/12 | For Sale | $299,900 | -- | $90 / Sq Ft |
Source: Space Coast MLS (Space Coast Association of REALTORS®)
Tax History Compared to Growth
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 | $4,011 | $272,250 | -- | -- |
| 2023 | $4,011 | $264,330 | $0 | $0 |
| 2022 | $3,778 | $256,640 | $0 | $0 |
| 2021 | $3,835 | $249,170 | $0 | $0 |
| 2020 | $3,796 | $245,730 | $0 | $0 |
| 2019 | $3,833 | $240,210 | $0 | $0 |
| 2018 | $3,828 | $235,740 | $0 | $0 |
| 2017 | $3,839 | $230,900 | $0 | $0 |
| 2016 | $3,952 | $226,160 | $30,000 | $196,160 |
| 2015 | $4,032 | $224,590 | $25,000 | $199,590 |
| 2014 | $3,973 | $222,810 | $20,000 | $202,810 |
Source: Public Records
Agents Affiliated with this Home
-
Stacey Buchanan
Seller's Agent in 2024
Stacey Buchanan
Melbourne Realty, Inc.
(321) 508-5224
26 in this area
102 Total Sales
-
Jeremy Sulzbach
Buyer's Agent in 2024
Jeremy Sulzbach
Glover Properties
(321) 987-0988
2 in this area
6 Total Sales
-
M
Seller's Agent in 2013
Margaret Chiger
Coston Appraisal & Research
-
S
Buyer's Agent in 2013
Sherrard DeJong
RE/MAX
Map
Source: Space Coast MLS (Space Coast Association of REALTORS®)
MLS Number: 1022768
APN: 28-37-09-28-0000A.0-0001.00
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