NOT LISTED FOR SALE

2588 Larry Ct Melbourne, FL 32935

Estimated Value: $273,000 - $298,000

3 Beds
2 Baths
1,328 Sq Ft
$212/Sq Ft Est. Value

Last Sold August 03, 2016

Last sale price $109,900 $83 Per Sq Ft

Est. 156% increase in value since last sale

Current estimated payment $1,799/month

85 Days on Market

Highlights

  • In Ground Pool
  • Porch
  • Kitchen Island
  • No HOA
  • Tile Flooring
  • 1-Story Property

About This Home

As of August 2016

This three bedroom-two bath pool home offers the cutest little play house in the backyard, your kids are sure to love it! The interior of the home, offers a newly updated kitchen, a living room, family room and laundry room. Ample space to spend quality time with the entire family. This home is perfectly located near fine shopping, dining and A rated schools.

Last Agent to Sell the Property

Marcie Bolt

Tropic Coast Realty Listed on: 07/02/2016

Last Buyer's Agent

Chris DeMarco

Demarco Properties License #3009042

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,528

Year Built

  • Built in 1962

Lot Details

  • 8,276 Sq Ft Lot
  • South Facing Home

Parking

  • 1 Car Garage
  • 1 Carport Space

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 1,328 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Tile Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

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

Outdoor Features

  • In Ground Pool
  • Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Leewood Forest Sec 5 Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,528

Year Built

Built in 1962

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1962
  • Reso Property Sub Type: Single Family Residence
  • ResoSpecialListingConditions: Real Estate Owned
  • Subdivision Name: Leewood Forest Sec 5
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • 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: 1528.07
  • Location Tax and Legal Tax Year2: 2015
  • General Property Information Living Area2: 1328.0
  • General Property Information Building Area Total3: 1544.0
  • General Property Information Lot Size Acres: 0.19
  • General Property Information Lot Size Square Feet2: 8276.0
  • General Property Information New Construction YN: No
  • General Property Information Carport Spaces2: 1.0
  • General Property Information Waterfront YN: No
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: South
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Levels One: Yes
  • Pool Features In Ground: Yes
  • Pool Features Private: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Electricity Connected: Yes
  • General Property Information Carport YN2: Yes
  • Utilities Water Available: Yes
  • Room Types Family Room: Yes
  • General Property Information Lot Size Dimensions: 75.0 ft x 109.0 ft
  • Special Listing Conditions Real Estate Owned: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Kitchen Island, Primary Bathroom - Tub with Shower, Split Bedrooms
  • Flooring: Tile
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Total Bedrooms: 8
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Split Bedrooms: Yes

Exterior Features

  • Pool Features: In Ground, Private
  • Roof: Shingle
  • Acres: 0.19
  • Waterfront: No
  • Construction Type: Block, Concrete
  • Direction Faces: South
  • Patio And Porch Features: Porch
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Carport
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Carport: Yes

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Electricity Connected, 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: Johnson

Lot Info

  • Lot Dimensions: 75.0 ft x 109.0 ft
  • Lot Size Sq Ft: 8276.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2719710
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 1528.07

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
$281,121

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
$4,583,229
Interest Rate
6.57%
Mortgage Type
New Conventional
Estimated Equity
-$4,302,108

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
Jul 2, 2016
Closed on
Aug 2, 2016
Sold by
Federal National Mortgage Association
Bought by
Sai Property Investments Inc
Seller's Agent
Marcie Bolt
Tropic Coast Realty
Buyer's Agent
Chris DeMarco
Demarco Properties
List Price
$109,900
Sold Price
$109,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.90%
Original Mortgage
$87,920
Interest Rate
3.41%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 25, 2016
Sold by
Matteson Anita and Case #05-2014-Ca-016640-Xxxx-X
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 1, 2016
Bought by
Sai Property Investments Inc

Purchase Details

Closed on
Sep 11, 2003
Sold by
Conrad Melinda J and Conrad Jerry C
Bought by
Matteson Thomas A and Matteson Anita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
5.62%
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 5 Llc $1,425,500 Title Team
Sai Rental Investments Llc $750,500 Os National Llc
Sai Property Investments Inc $109,900 Buyers Titleinc
Federal National Mortgage Association -- None Available
Sai Property Investments Inc $100 --
Matteson Thomas A $90,000 State Title Associates Lllp
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
Previous Owner Sai Property Investments Inc $87,920
Previous Owner Matteson Anita $20,000
Previous Owner Matteson Thomas A $10,000
Previous Owner Matteson Thomas A $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2016 08/03/16 Sold $109,900 0.0% $83 / Sq Ft
07/08/2016 07/08/16 Pending -- -- --
07/01/2016 07/01/16 For Sale $109,900 0.0% $83 / Sq Ft
06/25/2016 06/25/16 Pending -- -- --
06/13/2016 06/13/16 Price Changed $109,900 -6.0% $83 / Sq Ft
06/08/2016 06/08/16 For Sale $116,900 0.0% $88 / Sq Ft
05/26/2016 05/26/16 Pending -- -- --
04/13/2016 04/13/16 For Sale $116,900 -- $88 / 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 $3,249 $219,570 -- --
2023 $3,249 $205,960 $0 $0
2022 $2,878 $187,960 $0 $0
2021 $2,554 $136,160 $60,000 $76,160
2020 $2,460 $130,190 $55,000 $75,190
2019 $2,376 $120,910 $45,000 $75,910
2018 $2,320 $124,220 $45,000 $79,220
2017 $2,099 $101,130 $35,000 $66,130
2016 $1,620 $75,630 $24,000 $51,630
2015 $1,528 $64,870 $20,450 $44,420
2014 $1,380 $58,980 $15,860 $43,120
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 751881

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-37-18-53-0000O.0-0029.00