NOT LISTED FOR SALE

2873 Rheims Ave Melbourne, FL 32935

Estimated Value: $243,000 - $339,000

3 Beds
2 Baths
1,393 Sq Ft
$211/Sq Ft Est. Value

Sale Details

Date Sold: April 25, 2014

Last sale price $80,024 $57 Per Sq Ft

Est. 266% increase in value since last sale

Current estimated payment $1,670 / mo

77 Days on Market

Highlights

  • In Ground Pool
  • Screened Porch
  • Patio
  • No HOA
  • Eat-In Kitchen
  • Tile Flooring

About This Home

As of April 2014

3 Bedroom, 2 bath concrete block home with privately fenced rear yard, in-ground pool and converted garage. Galley style eat-in kitchen features tile floors, pane glass french doors leading to screened enclosed patio area. Close to local shopping, dining and short drive to I-95 and beaches. This is a Fannie Mae HomePath home and can be purchased for as little as 5% down! It is approved for HomePath Renovation Mortgage Financing. Restrictions may apply.

Last Agent to Sell the Property

Mitch Ribak

Tropical Realty Beachside Listed on: 02/20/2014

Last Buyer's Agent

Kenneth Brown

Exit 1st Class Realty

Exit 1st Class Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,053

Year Built

  • Built in 1971

Lot Details

  • 8,276 Sq Ft Lot
  • North Facing Home
  • Wood Fence

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,393 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Screened Porch
  • Washer and Gas Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Concrete
  • Tile

Bedrooms and Bathrooms

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

Outdoor Features

  • In Ground Pool
  • Patio

Additional Homes

  • Accessory Dwelling Unit (ADU)

Schools

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

Utilities

  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Fountainhead Unit 2 Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 27-37-19-53-00003.0-0030.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,053

Year Built

Built in 1971

Lot Details

8,276 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Year Built: 1971
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • ResoSpecialListingConditions: Real Estate Owned
  • Subdivision Name: Fountainhead Unit 2
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Accessory Dwelling Information Dwelling Type: Garage
  • General Property Information:Accessory Dwelling Unit YN: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen, Primary Bathroom - Tub with Shower
  • Flooring: Concrete, Tile
  • Appliances: Dishwasher, Gas Range, Gas Water Heater, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Pool Features: In Ground
  • Roof: Shingle
  • Fencing: Wood, Fenced
  • Acres: 0.19
  • Pool Private: Yes
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: North
  • Patio And Porch Features: Patio, Porch, Screened

Garage/Parking

  • Attached Garage: No
  • Parking Features: Other

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Water Available
  • Heating: Electric, Natural Gas
  • HeatingYN: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: Central

Lot Info

  • Lot Dimensions: 80.0 ft x 106.0 ft
  • Lot Size Sq Ft: 8276.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 27-37-19-53-00003.0-0030.00

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 1053.09

MLS Schools

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2014
Closed on
Mar 12, 2014
Sold by
Bought by
Seller's Agent
Mitch Ribak
Tropical Realty Beachside
Buyer's Agent
Kenneth Brown
Exit 1st Class Realty
List Price
$91,900
Sold Price
$80,024
Premium/Discount to List
-$11,876
-12.92%
Current Estimated Value
$293,268

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$213,244
Avg. Annual Appreciation
11.33%
Original Mortgage
$74,938
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 28, 2014
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,938
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 14, 1995
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,250
Interest Rate
7.43%
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$80,100 Buyers Title Inc
-- Attorney
$74,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $74,938
Previous Owner $72,250
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/25/2014 04/25/14 Sold $80,024 -12.9% $57 / Sq Ft
02/24/2014 02/24/14 Pending -- -- --
12/09/2013 12/09/13 For Sale $91,900 -- $66 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,356 $116,180 -- --
2024 $1,256 $112,910 -- --
2023 $1,256 $106,500 $0 $0
2022 $1,157 $103,400 $0 $0
2021 $1,155 $100,390 $0 $0
2020 $1,138 $99,010 $0 $0
2019 $1,134 $96,790 $0 $0
2018 $1,123 $94,990 $0 $0
2017 $1,116 $93,040 $0 $0
2016 $1,133 $91,130 $20,000 $71,130
2015 $1,153 $90,500 $20,000 $70,500
2014 $1,902 $84,090 $19,630 $64,460
Source: Public Records

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Map

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

MLS Number: 684422

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-37-19-53-00003.0-0030.00

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