NOT LISTED FOR SALE

2901 Albemarle St Unit I2 Melbourne, FL 32901

Estimated Value: $137,279 - $199,000

2 Beds
2.5 Baths
1,296 Sq Ft
$165/mo HOA Fee

Last Sold December 28, 2012

Last sale price $32,900 $25 Per Sq Ft

Est. 393% increase in value since last sale

Current estimated payment $1,135/month

24 Days on Market

Highlights

  • Screened Porch
  • Balcony
  • Tile Flooring
  • Melbourne Senior High School Rated A-
  • Walk-In Closet
  • Central Heating and Cooling System

About This Home

As of December 2012

FIT area condo. This nice 2 bedroom 2.5 bath condo has had some updating with new baths and kitchen cabinets.Tiled Living/dining combo with both bedrooms upstairs with full baths. Nice half bath downstairs. All appliances to include refrigerator.Complex has community pool.This is a Fannie Mae HomePath property. Purchase this property for as little as 3% down! This property is approved for HomePath Mortgage Financing and HomePath Renovation Mortgage Financing.

Last Agent to Sell the Property

Natalie Carter

Coldwell Banker Residential RE Listed on: 09/28/2012

Last Buyer's Agent

Sherry Collazo

Coldwell Banker Residential R.E. LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $458

Year Built

  • Built in 1975

Lot Details

  • 3,485

HOA Fees

  • $165 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,296 Sq Ft Home
  • 1-Story Property
  • Screened Porch
  • Electric Range

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Parking

  • 1 Carport Space
  • Assigned Parking

Schools

  • University Park Elementary School
  • Stone Middle School
  • Melbourne High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Balcony
  • North Facing Home

Community Details

  • Association fees include pest control, trash
  • Village Green Condo Of Melbourne Subdivision
  • Maintained Community

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 28371000002756000000

Property Details

Home Type

Condominium

Est. Annual Taxes

$458

Year Built

Built in 1975

Lot Details

0

HOA Fees

$165 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1975
  • Reso Property Sub Type: Condominium
  • Reso Association Amenities: Maintenance Grounds, Management - Full Time
  • Reso Association Fee Includes: Pest Control, Trash
  • ResoSpecialListingConditions: Real Estate Owned
  • Subdivision Name: Village Green Condo of Melbourne
  • Carport Y N: Yes
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 28371000002756000000
  • Location Tax and Legal Elementary School: University Park
  • Location Tax and Legal Middle School2: Stone
  • Location Tax and Legal High School: Melbourne
  • Location Tax and Legal Tax Annual Amount: 457.95
  • Location Tax and Legal Tax Year2: 2012
  • General Property Information Living Area2: 1296.0
  • 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: North
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Levels One: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Flooring Carpet: Yes
  • General Property Information Carport YN2: Yes
  • Utilities Water Available: Yes
  • General Property Information Stories Total: 1
  • Special Listing Conditions Real Estate Owned: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Interior Amenities: Walk-In Closet(s)
  • Flooring: Carpet, Tile
  • Appliances: Electric Range, Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords
  • General Property Information Bathrooms Half: 1
  • Appliances:Electric Range: Yes
  • Interior Features:Walk-In Closet(s): Yes

Exterior Features

  • Exterior Features: Balcony
  • Pool Features: None
  • Roof: Shingle
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: North
  • Patio And Porch Features: Porch, Screened
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Exterior Features:Balcony: Yes
  • Construction Materials:Brick2: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Assigned, Carport
  • General Property Information:Garage YN: No
  • Parking Features:Carport: Yes
  • Parking Features:Assigned: Yes

Utilities

  • Cooling: Central Air
  • Utilities: Cable Available, 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 Fee: 165.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 165.0
  • General Property Information:Association Fee Frequency: Monthly
  • Association Fee Includes:Trash: Yes
  • Association Fee Includes:Pest Control: Yes

Schools

  • Middle Or Junior School: Stone

Lot Info

  • Additional Parcels Description: 2824081
  • Parcel #: 28371000002756000000

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 457.95

MLS Schools

  • Elementary School: University Park
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2012
Closed on
Dec 18, 2012
Sold by
Federal National Mortgage Association
Bought by
The Village Green Condominium Associatio
Seller's Agent
Natalie Carter
Coldwell Banker Residential RE
Buyer's Agent
Sherry Collazo
Coldwell Banker Residential R.E. LLC
List Price
$34,900
Sold Price
$32,900
Premium/Discount to List
-$2,000
-5.73%
Current Estimated Value
$162,320

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,420
Avg. Annual Appreciation
13.55%

Purchase Details

Closed on
Oct 5, 2012
Sold by
Allen Steinmetz Kent
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 30, 2006
Sold by
Michaels Sean
Bought by
Steinmetz Kent Allen and Steinmetz Angelle Sylvia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
6.51%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 8, 2004
Sold by
Lao Esther C
Bought by
Michaels Sean and Trust #2901 Unit I-2 Land Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,000
Interest Rate
15%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Feb 19, 1998
Sold by
Lim Juanito
Bought by
Nieves Esther C Lao
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
The Village Green Condominium Associatio $32,900 Attorney
Federal National Mortgage Association -- Attorney
Steinmetz Kent Allen $92,500 Fidelity Natl Title Ins Co
Michaels Sean $29,000 Precise Title Inc
Nieves Esther C Lao $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Steinmetz Kent Allen $56,000
Previous Owner Michaels Sean $29,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2012 12/28/12 Sold $32,900 -5.7% $25 / Sq Ft
10/22/2012 10/22/12 Pending -- -- --
09/28/2012 09/28/12 For Sale $34,900 -- $27 / 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 $1,019 $72,500 -- --
2023 $1,019 $72,500 $0 $72,500
2022 $924 $71,620 $0 $0
2021 $716 $36,130 $0 $36,130
2020 $719 $36,130 $0 $36,130
2019 $745 $36,130 $0 $36,130
2018 $751 $37,870 $0 $37,870
2017 $687 $31,500 $0 $31,500
2016 $691 $30,000 $0 $0
2015 $709 $30,000 $0 $0
2014 $851 $36,820 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 650855

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-37-10-00-00275.6-0000.00