NOT LISTED FOR SALE

308 Arcadia Ave Melbourne, FL 32901

Estimated Value: $324,000 - $432,000

3 Beds
2 Baths
1,634 Sq Ft
$222/Sq Ft Est. Value

Last Sold January 24, 2024

Last sale price $344,000 $211 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,273/month

53 Days on Market

Highlights

  • No HOA
  • Porch
  • Separate Shower in Primary Bathroom
  • Melbourne Senior High School Rated A-
  • 2 Car Attached Garage
  • Shed

About This Home

As of January 2024

Fantastic opportunity awaits in the heart of Melbourne. NEW ROOF installed 2022, walking distance to FIT, has amazing rental potential for college students or would make a perfect starter home with a huge yard with more than enough room for a pool. This home is tucked away in a quiet neighborhood but is still close to shopping, restaurants and downtown Melbourne.

Last Agent to Sell the Property

Liz Alexander

Vanderveer Properties License #3378670 Listed on: 11/13/2023

Last Buyer's Agent

Sammy Alvarez

EXP Realty LLC License #3580420

EXP Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,480

Year Built

  • Built in 1973

Lot Details

  • 0.37 Acre Lot
  • South Facing Home

Parking

  • 2 Car Attached Garage

Home Design

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

Interior Spaces

  • 1,634 Sq Ft Home
  • 1-Story Property

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Outdoor Features

  • Shed
  • Porch

Schools

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

Utilities

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

Community Details

  • No Home Owners Association
  • Southgate Sec 3 Unit 1 Association
  • Southgate Sec 3 Unit 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 28-37-10-28-00000.0-0053.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,480

Year Built

Built in 1973

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1973
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: In Garage
  • Road Surface Type: Asphalt
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Southgate Sec 3 Unit 1
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Reso Other Structures: Shed(s)
  • Location Tax and Legal Parcel Number2: 28-37-10-28-00000.0-0053.00
  • 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 Year2: 2023
  • General Property Information Living Area2: 1634.0
  • General Property Information Building Area Total3: 2414.0
  • General Property Information Lot Size Acres: 0.37
  • General Property Information Lot Size Square Feet2: 16117.0
  • 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: South
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Levels One: Yes
  • Pets Allowed Yes: Yes
  • Road Surface Type Asphalt: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Flooring Carpet: Yes
  • Water Source Public: Yes
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • General Property Information Carport YN2: No
  • Other Structures Shed(s): Yes
  • Utilities Water Available: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Primary Bathroom - Tub with Shower, Primary Bathroom -Tub with Separate Shower
  • Flooring: Carpet, Tile
  • Appliances: Dishwasher, Dryer, Electric Range, Electric Water Heater, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Acres: 0.37
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: South
  • Patio And Porch Features: Porch
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio and Porch Features:Porch: Yes
  • Construction Materials:Brick2: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Laundry Features:In Garage: Yes
  • Parking Features:Attached: Yes

Utilities

  • Cooling: Central Air
  • Utilities: Cable Available, Electricity Connected, Water Available
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Name: SOUTHGATE SEC 3 UNIT 1
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No
  • General Property Information:Association Name: SOUTHGATE SEC 3 UNIT 1

Schools

  • Middle Or Junior School: Stone

Lot Info

  • Lot Size Sq Ft: 16117.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 28-37-10-28-00000.0-0053.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2023

MLS Schools

  • Elementary School: University Park
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2023
Closed on
Jan 16, 2024
Sold by
Grande Anthony C and Grande Narindar K
Bought by
Norman & Uero Acquisitions Llc
Seller's Agent
Liz Alexander
Vanderveer Properties
Buyer's Agent
Sammy Alvarez
EXP Realty LLC
List Price
$360,000
Sold Price
$344,000
Premium/Discount to List
-$16,000
-4.44%
Views
51
Current Estimated Value
$363,062

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,062
Avg. Annual Appreciation
3.11%
Original Mortgage
$309,000
Outstanding Balance
$303,593
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$59,469

Purchase Details

Listed on
Aug 14, 2015
Closed on
Nov 13, 2015
Sold by
Brown Gary R
Bought by
Grande Anthony C and Grande Narindar K
Seller's Agent
John Cole
Weichert REALTORS Hallmark Pro
Buyer's Agent
Jantina Getz
Coville Getz & Co LLC
List Price
$169,900
Sold Price
$145,000
Premium/Discount to List
-$24,900
-14.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.11%
Original Mortgage
$116,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 7, 2011
Sold by
Duprey Francis and The Drancis & Lena H Duprey Re
Bought by
Brown Gary R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,961
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 23, 2006
Sold by
Duprey Francis and Duprey Lena H
Bought by
Duprey Francis and Duprey Lena H
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
Norman & Uero Acquisitions Llc $344,000 Atypical Title
Grande Anthony C $145,000 Aurora Title
Brown Gary R $114,000 State Title Partners Llp
Duprey Francis -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Norman & Uero Acquisitions Llc $309,000
Previous Owner Grande Anthony C $116,000
Previous Owner Brown Gary R $109,961
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/24/2024 01/24/24 Sold $344,000 -4.4% $211 / Sq Ft
01/05/2024 01/05/24 Pending -- -- --
11/13/2023 11/13/23 For Sale $360,000 0.0% $220 / Sq Ft
03/12/2022 03/12/22 Rented $2,200 +10.0% --
03/09/2022 03/09/22 Under Contract -- -- --
02/22/2022 02/22/22 For Rent $2,000 +29.0% --
05/13/2017 05/13/17 Rented $1,550 0.0% --
05/09/2017 05/09/17 Under Contract -- -- --
05/09/2017 05/09/17 For Rent $1,550 +12.7% --
03/26/2016 03/26/16 Rented $1,375 0.0% --
03/17/2016 03/17/16 Under Contract -- -- --
02/02/2016 02/02/16 For Rent $1,375 0.0% --
01/31/2016 01/31/16 Off Market $1,375 -- --
01/09/2016 01/09/16 Price Changed $1,375 -5.2% $1 / Sq Ft
11/16/2015 11/16/15 For Rent $1,450 0.0% --
11/13/2015 11/13/15 Sold $145,000 -8.8% $89 / Sq Ft View Prior Sale
10/04/2015 10/04/15 Pending -- -- --
08/31/2015 08/31/15 Price Changed $159,000 -3.6% $97 / Sq Ft
08/24/2015 08/24/15 Price Changed $164,900 -2.9% $101 / Sq Ft
08/14/2015 08/14/15 For Sale $169,900 -- $104 / 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 $4,480 $272,990 -- --
2024 $4,623 $253,290 -- --
2023 $4,623 $296,430 $90,000 $206,430
2022 $4,059 $264,830 $0 $0
2021 $3,624 $195,570 $60,000 $135,570
2020 $3,436 $184,050 $55,000 $129,050
2019 $3,374 $179,010 $50,000 $129,010
2018 $3,138 $162,420 $40,000 $122,420
2017 $2,901 $141,720 $35,000 $106,720
2016 $2,882 $133,190 $30,000 $103,190
2015 $1,145 $90,140 $25,000 $65,140
2014 $1,126 $89,430 $20,000 $69,430
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 980235

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-37-10-28-00000.0-0053.00