NOT LISTED FOR SALE

2511 Race St Melbourne, FL 32901

Estimated Value: $151,000 - $239,416

3 Beds
2 Baths
1,644 Sq Ft
$118/Sq Ft Est. Value

Last Sold July 10, 2014

Last sale price $19,500 $12 Per Sq Ft

Est. 897% increase in value since last sale

Current estimated payment $1,197/month

71 Days on Market

Highlights

  • No HOA
  • 1-Story Property
  • West Facing Home
  • Melbourne Senior High School Rated A-

About This Home

As of July 2014

Investor alert! 3 bedroom 2 bath concrete block, built in 1974 with park across the street.This is a Fannie Mae HomePath property. This property is approved for HomePath Renovation Mortgage Financing.

Last Agent to Sell the Property

Natalie Carter

Coldwell Banker Realty Listed on: 04/14/2014

Last Buyer's Agent

Out Of Area (SCAR)

Out of Area

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1974

Lot Details

  • 9,148 Sq Ft Lot
  • West Facing Home

Home Design

  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,644 Sq Ft Home
  • 1-Story Property
  • Electric Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Schools

  • Harbor City Elementary School
  • Stone Middle School
  • Melbourne High School

Community Details

  • No Home Owners Association
  • Hopkins Plat Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 28-37-10-Fj-00011.0-0010.00

Home Details

Home Type

Single Family

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1974
  • Reso Property Sub Type: Single Family Residence
  • ResoSpecialListingConditions: Real Estate Owned
  • Subdivision Name: Hopkins Plat
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 28-37-10-Fj-00011.0-0010.00
  • Location Tax and Legal Elementary School: Harbor City
  • Location Tax and Legal Middle School2: Stone
  • Location Tax and Legal High School: Melbourne
  • Location Tax and Legal Tax Annual Amount: 872.6
  • Location Tax and Legal Tax Year2: 2013
  • General Property Information Living Area2: 1644.0
  • General Property Information Lot Size Acres: 0.21
  • General Property Information Lot Size Square Feet2: 9148.0
  • 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
  • Levels One: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • General Property Information Lot Size Dimensions: 60.0 ft x 155.0 ft
  • Special Listing Conditions Real Estate Owned: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Split Bedrooms
  • Flooring: Other
  • Appliances: Electric Range
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • ResoLivingAreaSource: PublicRecords
  • Appliances:Electric Range: Yes
  • Interior Features:Split Bedrooms: Yes

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Acres: 0.21
  • Waterfront: No
  • Construction Type: Stucco, Other
  • Direction Faces: West
  • Construction Materials:Stucco: Yes
  • Construction Materials:Other15: Yes

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

  • Utilities: Water Available

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: Stone

Lot Info

  • Lot Dimensions: 60.0 ft x 155.0 ft
  • Lot Size Sq Ft: 9148.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2823905
  • Parcel #: 28-37-10-Fj-00011.0-0010.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 872.6

MLS Schools

  • Elementary School: Harbor City
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2014
Closed on
Jul 10, 2014
Sold by
Fannie Mae
Bought by
Florida Wholesale Funding Inc
Seller's Agent
Natalie Carter
Coldwell Banker Realty
Buyer's Agent
Out Of Area (SCAR)
Out of Area
List Price
$34,900
Sold Price
$19,500
Premium/Discount to List
-$15,400
-44.13%
Current Estimated Value
$194,354

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,854
Avg. Annual Appreciation
22.59%

Purchase Details

Closed on
Apr 17, 2014
Sold by
Dixon Roger P and Nationstar Mortgage Llc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jan 18, 2006
Sold by
Cooper Gregor B and Cooper Arlene
Bought by
Dixon Roger P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
6.21%

Purchase Details

Closed on
Mar 17, 2005
Sold by
Cooper Bernice J
Bought by
Cooper Arlene and Cooper Gregory
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
Florida Wholesale Funding Inc $19,500 Reo Title Company Of Fl Llc
Federal National Mortgage Association -- None Available
Dixon Roger P $92,000 Countrywide Title Company
Cooper Arlene -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dixon Roger P $92,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/10/2014 07/10/14 Sold $19,500 -44.1% $12 / Sq Ft
06/23/2014 06/23/14 Pending -- -- --
04/13/2014 04/13/14 For Sale $34,900 -- $21 / 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 $2,039 $106,340 -- --
2024 $1,938 $117,950 -- --
2023 $1,938 $115,890 $0 $0
2022 $1,755 $111,430 $0 $0
2021 $1,564 $81,180 $9,000 $72,180
2020 $1,531 $78,930 $9,000 $69,930
2019 $1,530 $78,750 $7,500 $71,250
2018 $1,446 $74,330 $6,000 $68,330
2017 $1,325 $62,450 $4,500 $57,950
2016 $1,282 $57,580 $3,720 $53,860
2015 $1,196 $50,990 $2,590 $48,400
2014 $1,015 $41,470 $1,620 $39,850
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 694242

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-37-10-FJ-00011.0-0010.00