NOT LISTED FOR SALE

2884 Regency Dr Unit 2884 Melbourne, FL 32935

Estimated Value: $153,447 - $160,000

2 Beds
2 Baths
996 Sq Ft
$206/mo HOA Fee

Last Sold July 16, 2018

Last sale price $62,000 $62 Per Sq Ft

Est. 160% increase in value since last sale

Current estimated payment $1,228/month

264 Days on Market

Highlights

  • 14.75 Acre Lot
  • Balcony
  • Sliding Doors
  • Community Pool
  • Ceramic Tile Flooring
  • Zero Lot Line

About This Home

As of July 2018

Attention Investors!! Excellent 2 Beds 2 baths Income generating Unit with great tenant inside. Community features garages, a relaxing pool, fitness center, outdoor racquetball courts, and playground. Great area, minutes from Melbourne International Airport, Wuesthoff Medical Center, I-95, beaches, shopping and dining. Leased until Jan 31, 2019 Tenant paid current year in advance. New owner will collect the prorated rent.

Last Agent to Sell the Property

Yadira Batchelor

EMPIRE NETWORK REALTY License #3309859 Listed on: 10/05/2017

EMPIRE NETWORK REALTY

Last Buyer's Agent

Liceth Puma

ADVANCE REALTY, LLC License #3099708

ADVANCE REALTY, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,062

Year Built

  • Built in 1984

Lot Details

  • Zero Lot Line
  • Condo Land Included
  • Land Lease expires 1/31/19

HOA Fees

  • $206 Monthly HOA Fees

Parking

  • Open Parking

Home Design

  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 996 Sq Ft Home
  • 2-Story Property
  • Sliding Doors

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Balcony
  • City Lot
  • Central Heating and Cooling System

Listing and Financial Details

Community Details

Overview

  • Association fees include community pool, maintenance structure, ground maintenance
  • Coral Gardens Condo Subdivision

Recreation

  • Community Pool

Pet Policy

  • 1 Pet Allowed
  • Small pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,062

Year Built

Built in 1984

Lot Details

0

HOA Fees

$206 per month

Listing Details

  • HOA Fee Includes: Community Pool, Maintenance Structure, Maintenance Grounds, Other
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Other
  • Fireplace: No
  • Living Area: 996
  • Lot Size Acres: 14.75
  • New Construction: No
  • Year Built: 1984
  • Building Area Total: 996
  • Lot Size Sq Ft: 642454
  • Directions to Property: N WICKHAM RD, RIGHT ONTO REGENCY DR. ENTER CORAL GARDENS CONDOS.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=O5539644&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=O5539644&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: No
  • Number Of Pets: 1
  • Total Acreage: 10 to less than 20
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 0.87943
  • Price per Sq Ft: 62.25
  • Close to Original List Price Ratio: 0.95385
  • Ratio: Current Price\Building Area Total: 62.25
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2016
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Other
  • Appliances Included: Dishwasher, Oven, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 2
  • Street Number Modifier: 2884
  • Room Count: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Balcony, Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12009C0518G

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: None, Open
  • Open Parking: Yes

Utilities

  • Utilities: Other
  • Cooling: Central Air
  • Heating: Central
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Pool
  • Association Fee: 206
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Senior Community: No
  • Condo Land Included Y N: Yes
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 2472
  • Monthly HOA Fee: 206
  • Total Monthly Fees: 206

Lot Info

  • Zoning: 04
  • Parcel Number: 27-37-19-00-00271.O-0000.00
  • Additional Parcels: No
  • Lot Features: City Lot, Zero Lot Line
  • Flood Zone Code: X
  • Flood Zone Date: 2014-03-17
  • Land Lease Expiration Date: 2019-01-31
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Pet Size: Small (16-35 Lbs.)
  • Minimum Lease: 7 Months
  • Approval Process: Please contact Roxana Fleites in Coral Garden Office at 2847 Regency Drive | Melbourne, FL 32935 Direct 321.242.2833 | Toll Free 866.378.1099 Email roxana.fleites@fsresidential.com
  • Pet Restrictions: Contact Coral Garden Office.
  • Lease Restrictions Y N: No
  • Currency Monthly Rent Amt: 756
  • Month To Month Or Weekly Y N: No
  • Additional Lease Restrictions: Contact Coral Gardens Condominium.

Tax Info

  • Tax Annual Amount: 1062
  • Tax Block: 271
  • Tax Book Number: 5629/6647
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2017
Closed on
Jul 16, 2018
Sold by
Ganesha Resources Llc
Bought by
Investor Trustee Services Llc and Cgar Properties Land Trust
Seller's Agent
Yadira Batchelor
EMPIRE NETWORK REALTY
Buyer's Agent
Liceth Puma
ADVANCE REALTY, LLC
List Price
$70,500
Sold Price
$62,000
Premium/Discount to List
-$8,500
-12.06%
Current Estimated Value
$161,353

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,353
Avg. Annual Appreciation
14.35%

Purchase Details

Closed on
Apr 15, 2012
Sold by
Coral Garden Investments Llc
Bought by
Argproduct Llc
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
Investor Trustee Services Llc $62,000 Southeast Professional Title
Argproduct Llc $65,100 Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2018 07/16/18 Sold $62,000 -12.1% $62 / Sq Ft
06/27/2018 06/27/18 Pending -- -- --
06/02/2018 06/02/18 For Sale $70,500 0.0% $71 / Sq Ft
05/23/2018 05/23/18 Pending -- -- --
04/23/2018 04/23/18 Price Changed $70,500 +9.3% $71 / Sq Ft
03/22/2018 03/22/18 Price Changed $64,500 -0.8% $65 / Sq Ft
10/05/2017 10/05/17 For Sale $65,000 -- $65 / Sq Ft
Source: Stellar MLS

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
2023 $1,666 $110,500 $0 $0
2022 $1,494 $105,200 $0 $0
2021 $1,357 $83,000 $0 $83,000
2020 $1,217 $70,300 $0 $70,300
2019 $1,097 $54,830 $0 $54,830
2018 $1,108 $54,280 $0 $54,280
2017 $1,062 $50,500 $0 $50,500
2016 $1,062 $47,760 $0 $0
2015 $1,090 $47,760 $0 $0
2014 $1,028 $43,780 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5539644

Stellar MLS

APN: 27-37-19-00-00271.O-0000.00