NOT LISTED FOR SALE

2932 Lipscomb St Melbourne, FL 32901

Estimated Value: $747,000

1.87 Acres
$399,465 Price per Acre
81,457 Sq Ft Lot

Last Sold August 09, 2019

Last sale price $310,000 $233 Per Sq Ft

Est. 141% increase in value since last sale

Current estimated payment $4,015/month

155 Days on Market

Highlights

  • Water Views
  • Melbourne Senior High School Rated A-
  • Paved or Partially Paved Lot

About This Lot

As of August 2019

This 1.87 acre Zoned C1 with 2 boarding house properties located on the corner of East University Blvd in Melbourne is located in the Melbourne OPPORTUNITY ZONE.Lots of possibilities with this corner parcel with frontage on East University and Lipscomb .The 2 properties on site sold ''AS IS ''WITH VALUE IN THE LAND.Current uses under C1 ZONING is Veterinary facility*,Studio, art,Service, personal,Service, business,School, non-academic instruction,Retail,Restaurants*,Parking facilities as a principal use,Office/financial institutions,Nursing and convalescent homes*,House of worship *,Hotels, motels 2,Hospitals,Dwellings, two-family/duplex (see art. VI, section 1(K))*,Dwellings, single-family (see art. VI, section 1Assisted living facilities(K))*,Bed and breakfast,Child care facilities

Last Agent to Sell the Property

Daniel Ochse

One Sotheby's Int'l Realty License #3012872 Listed on: 02/04/2019

Co-Listed By

Natalie Ochse

Real Estate Expo Inc License #3112137

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,316

Lot Details

  • 1.87 Acre Lot
  • Paved or Partially Paved Lot
  • Site Plan Filed
  • Property is zoned COMMERCI

Additional Features

  • Water Views
  • City Lot

Community Details

  • Melbourne Subdivision

Listing and Financial Details

  • Assessor Parcel Number 28 371000 29

Property Details

Property Type

Land

Est. Annual Taxes

$1,316

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Business
  • Property Sub Type Additional: Commercial
  • Directions: US 1 TO EAST UNIVERSITY AND CORNER OF LIPSCOMB STREET
  • Special Features: None

Exterior Features

  • View: Other, Water
  • Lot Features: City Lot
  • Road Surface Type: Paved
  • Waterfront: No

Lot Info

  • Parcel #: 28 371000 29
  • Current Use: Commercial
  • Development Status: Site Plan Filed
  • Lot Size Acres: 1.87
  • Lot Size: 250
  • Lot Size Sq Ft: 73616.0
  • Zoning Description: COMMERCI
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 1316.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2019
Closed on
Jul 16, 2019
Sold by
Sanders Adornis
Bought by
2932 Lipscomb Llc
Seller's Agent
Daniel Ochse
One Sotheby's Int'l Realty
List Price
$399,900
Sold Price
$310,000
Premium/Discount to List
-$89,900
-22.48%
Current Estimated Value
$747,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$437,000

Purchase Details

Closed on
Sep 19, 2003
Sold by
Sanders Marcus and Sanders Leroy
Bought by
Sanders Marcus J
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
2932 Lipscomb Llc $310,000 Atlantic Coastal Land Ttl Co
Sanders Marcus J -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/09/2019 08/09/19 Sold $310,000 -22.5% $233 / Sq Ft
07/10/2019 07/10/19 Pending -- -- --
02/04/2019 02/04/19 For Sale $399,900 -- $301 / Sq Ft
Source: BeachesMLS

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 $659 $76,050 -- --
2024 $589 $50,700 -- --
2023 $589 $43,210 $0 $0
2022 $506 $37,510 $0 $0
2021 $506 $37,510 $37,510 $0
2020 $382 $20,250 $20,250 $0
2019 $1,333 $57,080 $20,250 $36,830
2018 $1,316 $55,000 $0 $55,000
2017 $1,247 $50,000 $0 $50,000
2016 $1,220 $46,000 $0 $0
2015 $1,182 $43,000 $19,640 $23,360
2014 $1,098 $39,320 $16,850 $22,470
Source: Public Records

Agents Affiliated with this Home

  • Daniel Ochse

    Seller's Agent in 2019

    Daniel Ochse

    One Sotheby's Int'l Realty

    (772) 633-8200

    56 Total Sales

    Daniel Ochse
    Section Image

  • N

    Seller Co-Listing Agent in 2019

    Natalie Ochse

    Real Estate Expo Inc

    (772) 633-8200

    24 Total Sales

    Natalie Ochse
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10501761

BeachesMLS

APN: 28-37-10-00-00029.0-0000.00

Florida Brevard County Melbourne 32901

2932 Lipscomb St, Melbourne, FL

This home is located at 2932 Lipscomb St, Melbourne, FL 32901 since 04 February 2019 and is currently priced at $747,000, approximately $562 per square foot. 2932 Lipscomb St 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.

BeachesMLS 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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