NOT LISTED FOR SALE

2899 Regency Dr Unit 2899 Melbourne, FL 32935

Estimated Value: $156,000 - $182,000

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

Last Sold April 20, 2018

Last sale price $60,000 $60 Per Sq Ft

Est. 189% increase in value since last sale

Current estimated payment $1,294/month

28 Days on Market

Highlights

  • Fitness Center
  • End Unit
  • Zero Lot Line
  • 14.75 Acre Lot
  • Community Pool
  • Central Heating and Cooling System

About This Home

As of April 2018

Attention Investors!! Excellent 2 Beds 2 baths Unit with great Potential. 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.
10 minutes away from the beach and the beautiful Ballard Park across the street from almost anything you need. Location, Location, Location.
Great as investment property and priced to sell.

Last Agent to Sell the Property

Diamela Atencio

REMAX PREMIER PROPERTIES License #3281713 Listed on: 02/06/2018

REMAX PREMIER PROPERTIES

Last Buyer's Agent

Stellar Non-Member Agent

Stellar Non-Member Office

Stellar Non-Member Office

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,062

Year Built

  • Built in 1984

Lot Details

  • End Unit
  • Zero Lot Line
  • Condo Land Included

HOA Fees

  • $206 Monthly HOA Fees

Parking

  • Open Parking

Home Design

  • Fixer Upper
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 996 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Carpet
  • Dryer

Kitchen

  • Oven
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include community pool, maintenance structure, recreational facilities
  • Coral Gardens Condo Subdivision
  • Rental Restrictions

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • No 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, Recreational Facilities
  • Property Type: Residential
  • Property Condition: Fixer
  • Property Sub Type: Condominium
  • Construction Materials: Block
  • 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: Turn left to merge onto I-95 N toward Jacksonville 2.6 mi Take exit 183 toward Melbourne 0.3 mi Continue on FL-518 E/W Eau Gallie Blvd. Drive to Regency Dr in Melbourne 5 min (2.5 mi) 2899 Regency Dr Melbourne, FL 32935
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=S4856912&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=S4856912&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: No
  • Total Acreage: 10 to less than 20
  • Home Warranty Y N: No
  • Property Description: Corner Unit, End Unit
  • Ratio: Close Price\List Price: 0.97561
  • Price per Sq Ft: 60.24
  • Close to Original List Price Ratio: 0.97561
  • Ratio: Current Price\Building Area Total: 60.24
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Dryer, Electric Water Heater, Oven, Range
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 2899
  • Room Count: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Other
  • 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
  • Disclosures: HOA/PUD/Condo Disclosure

Garage/Parking

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

Utilities

  • Utilities: Cable Available
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Fitness, Pool
  • Association Amenities: Fitness Center
  • 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: X
  • Parcel Number: 27-37-19-00-00272.X-0000.00
  • Additional Parcels: No
  • Lot Features: Zero Lot Line
  • Flood Zone Code: X
  • Flood Zone Date: 2014-03-17
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: No
  • Minimum Lease: 6 Months
  • Approval Process: Please contact the HOA ROXANA FLEITES Administrative Assistant 2847 Regency Dr.| Toll Free 866.378.1099 Email Roxana.Fleites@fsresidential .com www.fsresidential.com The Condominium Association of Coral Gardens Melbourne, Inc. Please see attachment
  • Num Timesper Year: 2
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Please contact the HOA ROXANA FLEITES Administrative Assistant 2847 Regency Dr.| Toll Free 866.378.1099 Email Roxana.Fleites@fsresidential .com www.fsresidential.com The Condominium Association of Coral Gardens Melbourne, Inc. Please see attachment

Tax Info

  • Tax Annual Amount: 1062
  • Tax Block: 272
  • Tax Book Number: 0
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 6, 2023
Sold by
Cordero Eduardo A Carcano
Bought by
Jeffers Christopher Michael
Current Estimated Value
$173,216

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,600
Outstanding Balance
$172,288
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
-$318

Purchase Details

Listed on
Feb 6, 2018
Closed on
Apr 20, 2018
Sold by
Alba Imperial Lester Llc
Bought by
Carcano Cordero Eduardo A
Seller's Agent
Diamela Atencio
REMAX PREMIER PROPERTIES
Buyer's Agent
Stellar Non-Member Agent
Stellar Non-Member Office
List Price
$61,500
Sold Price
$60,000
Premium/Discount to List
-$1,500
-2.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.47%

Purchase Details

Closed on
Oct 1, 2011
Sold by
Coral Garden Investments Llc
Bought by
Alba Imperial Lester Llc
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
Jeffers Christopher Michael $189,800 Peninsula Title & Escrow Servi
Carcano Cordero Eduardo A $60,000 Stewart Title Co
Alba Imperial Lester Llc $55,800 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jeffers Christopher Michael $174,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2018 04/20/18 Sold $60,000 -2.4% $60 / Sq Ft
03/07/2018 03/07/18 Pending -- -- --
02/06/2018 02/06/18 For Sale $61,500 -- $62 / 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 $110,500
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: S4856912

Stellar MLS

APN: 27-37-19-00-00272.X-0000.00