NOT LISTED FOR SALE

2905 Colbert Cir Melbourne, FL 32901

Estimated Value: $159,063 - $199,000

3 Beds
1 Bath
768 Sq Ft
$234/Sq Ft Est. Value

Last Sold February 25, 2019

Last sale price $38,400 $50 Per Sq Ft

Est. 368% increase in value since last sale

Current estimated payment $1,033/month

7 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • 1-Story Property
  • Melbourne Senior High School Rated A-
  • Tile Flooring
  • West Facing Home

About This Home

As of February 2019

Investor Special.Great opportunity for landlord to add to their rental portfolio. Check out this 3 bedroom 1 bath solid block home located centrally in Melbourne and offers almost 800 sqft of living space. Not to many chances to get a property like this at such a low price! Cash or Hard Money Only. Submit your Highest and Best.

Last Agent to Sell the Property

Jack Scocchio

New Beginningz Real Estate Listed on: 02/05/2019

Last Buyer's Agent

Rita Czaya

Real Estate In the Area LLC License #3066410

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $556

Year Built

  • Built in 1957

Lot Details

  • 6,098 Sq Ft Lot
  • West Facing Home

Home Design

  • Tar and Gravel Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 768 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

  • Meadowlane Elementary School
  • Stone Middle School
  • Melbourne High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Gramling Park Subd Subdivision

Listing and Financial Details

  • Assessor Parcel Number 28-37-11-28-0000b.0-0002.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$556

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1957
  • Reso Property Sub Type: Single Family Residence
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Gramling Park Subd
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 28-37-11-28-0000b.0-0002.00
  • Location Tax and Legal Elementary School: Meadowlane
  • Location Tax and Legal Middle School2: Stone
  • Location Tax and Legal High School: Melbourne
  • Location Tax and Legal Tax Annual Amount: 555.89
  • Location Tax and Legal Tax Year2: 2018
  • General Property Information Living Area2: 768.0
  • General Property Information Building Area Total3: 768.0
  • General Property Information Lot Size Acres: 0.14
  • General Property Information Lot Size Square Feet2: 6098.0
  • General Property Information New Construction YN: No
  • General Property Information Waterfront YN: No
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: West
  • Flooring Tile: Yes
  • Levels One: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • General Property Information Carport YN2: No
  • Roof TarGravel: Yes
  • Cooling WallWindow Unit(s): Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Tile
  • Appliances: None
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • ResoLivingAreaSource: PublicRecords
  • Appliances:None: Yes

Exterior Features

  • Pool Features: None
  • Roof: Tar/Gravel
  • Acres: 0.14
  • Waterfront: No
  • Construction Type: Block, Concrete
  • Direction Faces: West
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Other
  • General Property Information:Garage YN: No
  • Parking Features:Other26: Yes

Utilities

  • Cooling: Wall/Window Unit(s)
  • Utilities: Cable Available, Electricity Connected
  • Cooling Y N: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: Stone

Lot Info

  • Lot Size Sq Ft: 6098.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2825392
  • Parcel #: 28-37-11-28-0000b.0-0002.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 555.89

MLS Schools

  • Elementary School: Meadowlane
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2019
Closed on
Feb 25, 2019
Sold by
Vault Ventures Llc
Bought by
Freds Investments Llc
Seller's Agent
Jack Scocchio
New Beginningz Real Estate
Buyer's Agent
Rita Czaya
Real Estate In the Area LLC
List Price
$27,318
Sold Price
$38,400
Premium/Discount to List
$11,082
40.57%
Current Estimated Value
$179,766

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,366
Avg. Annual Appreciation
26.13%
Original Mortgage
$30,000
Outstanding Balance
$26,375
Interest Rate
4.5%
Mortgage Type
Balloon
Estimated Equity
$153,391

Purchase Details

Listed on
Feb 5, 2019
Closed on
Feb 1, 2019
Sold by
Williams Reginald
Bought by
Vault Ventures Llc
Seller's Agent
Jack Scocchio
New Beginningz Real Estate
Buyer's Agent
Rita Czaya
Real Estate In the Area LLC
List Price
$27,318
Sold Price
$38,400
Premium/Discount to List
$11,082
40.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Outstanding Balance
$26,375
Interest Rate
4.5%
Mortgage Type
Balloon
Estimated Equity
$153,391

Purchase Details

Closed on
Dec 18, 2018
Sold by
Williams Gail D
Bought by
Williams Reginald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Outstanding Balance
$26,375
Interest Rate
4.5%
Mortgage Type
Balloon
Estimated Equity
$153,391

Purchase Details

Closed on
Mar 9, 2005
Sold by
Williams Edward and Williams Gail D
Bought by
Williams Gail D and Williams Reginald

Purchase Details

Closed on
Oct 7, 1996
Sold by
Williams Gail E and Williams Reginald
Bought by
Williams Edward and Williams Gail D
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
Freds Investments Llc $38,400 Peak Title Professionals Llc
Vault Ventures Llc $26,000 Peak Title Professionals Llc
Williams Reginald -- Attorney
Williams Gail D -- --
Williams Edward $10,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vault Ventures Llc $30,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/25/2019 02/25/19 Sold $38,400 +40.6% $50 / Sq Ft
02/12/2019 02/12/19 Pending -- -- --
02/05/2019 02/05/19 For Sale $27,318 -- $36 / 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
2025 $943 $51,110 -- --
2024 $876 $59,850 -- --
2023 $876 $54,720 $0 $0
2022 $775 $49,480 $0 $0
2021 $661 $31,090 $9,000 $22,090
2020 $666 $31,160 $9,000 $22,160
2019 $567 $26,790 $7,500 $19,290
2018 $556 $27,900 $6,000 $21,900
2017 $505 $21,990 $4,500 $17,490
2016 $491 $20,320 $3,720 $16,600
2015 $456 $16,250 $2,160 $14,090
2014 $416 $14,780 $1,350 $13,430
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2019

    Jack Scocchio

    New Beginningz Real Estate

    Section Image

  • R

    Buyer's Agent in 2019

    Rita Czaya

    Real Estate In the Area LLC

    Section Image
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Map

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

MLS Number: 836142

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-37-11-28-0000B.0-0002.00

Florida Brevard County Melbourne 32901

2905 Colbert Cir, Melbourne, FL

This home is located at 2905 Colbert Cir, Melbourne, FL 32901 since 05 February 2019 and is currently estimated at $179,766, approximately $234 per square foot. This property was built in 1957. 2905 Colbert Cir is a home located in Brevard County with nearby schools including Meadowlane Primary Elementary School, Meadowlane Intermediate Elementary School, and Stone Magnet Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Space Coast MLS (Space Coast Association of REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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