NOT LISTED FOR SALE

309 W Fee Ave Melbourne, FL 32901

Estimated Value: $283,000 - $323,678

3 Beds
2 Baths
1,772 Sq Ft
$169/Sq Ft Est. Value

Last Sold June 21, 2024

Last sale price $290,000 $164 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,751/month

33 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Eat-In Kitchen
  • Corner Lot
  • Screened Porch
  • 4-minute walk to Magnolia Manor Park

About This Home

As of June 2024

Welcome to your dream home conveniently nestled in the heart of vibrant Melbourne! This charming property offers the epitome of convenience with its prime location near an array of shops, restaurants, the historical district, and easy access to the Melbourne airport. Perfectly blending modern comfort with timeless appeal. This residence offers versatility and space with a total of three bedrooms and two baths, featuring a separate second living area, ideal for accommodating guests or creating a private retreat. The repurposed garage space offers ample storage to keep you organized. Enjoy the serene outdoors on the large corner lot with a fully fenced backyard and screened porch. Roof and HWH replaced 2019.

Last Agent to Sell the Property

Liz Becker

Epique Realty Inc. Listed on: 05/22/2024

Co-Listed By

Tim Street

Epique Realty Inc.

Last Buyer's Agent

Erin Conway

Arium Real Estate, LLC License #3518493

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,212

Year Built

  • Built in 1957

Lot Details

  • 0.32 Acre Lot
  • North Facing Home
  • Back Yard Fenced
  • Chain Link Fence
  • Corner Lot

Parking

  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,772 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Screened Porch
  • Washer and Electric Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Tile
  • Terrazzo

Bedrooms and Bathrooms

  • 3 Bedrooms
  • In-Law or Guest Suite
  • 2 Full Bathrooms

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
  • Magnolia Park Plat No 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 28-37-04-02-00005.0-0021.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,212

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1957
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Washer Hookup
  • ResoLotFeatures: Corner Lot
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Co List Office Mls Id: spa.oepiq2
  • Co List Office Phone: 888-893-3537
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Magnolia Park Plat No 2
  • Architectural Style: Ranch, Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 28-37-04-02-00005.0-0021.00
  • 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 Annual Amount: 2211.62
  • Location Tax and Legal Tax Year2: 2023
  • General Property Information Living Area2: 1772.0
  • General Property Information Building Area Total3: 2188.0
  • General Property Information Lot Size Acres: 0.32
  • General Property Information Lot Size Square Feet2: 13939.0
  • 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: North
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • General Property Information Community Fee(s) YN: No
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Levels One: Yes
  • Pets Allowed Yes: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Fencing Chain Link: Yes
  • Flooring Terrazzo: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • Utilities Sewer Connected: Yes
  • General Property Information Land Lease YN2: No
  • Location Tax and Legal Zoning Description2: Residential
  • General Property Information CDD Fee YN: No
  • Architectural Style Traditional: Yes
  • Utilities Water Connected: Yes
  • General Property Information Stories2: 1
  • Fencing Back Yard: Yes
  • Architectural Style Ranch: Yes
  • Marketing Remarks:Marketing Remarks: Welcome to your dream home conveniently nestled in the heart of vibrant Melbourne! This charming property offers the epitome of convenience with its prime location near an array of shops, restaurants, the historical district, and easy access to the Melbourne airport. Perfectly blending modern comfort with timeless appeal. This residence offers versatility and space with a total of three bedrooms and two baths, featuring a separate second living area, ideal for accommodating guests or creating a private retreat. The repurposed garage space offers ample storage to keep you organized. Enjoy the serene outdoors on the large corner lot with a fully fenced backyard and screened porch. Roof and HWH replaced 2019.
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen, In-Law Floorplan
  • Flooring: Terrazzo, Tile
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 1
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:In-Law Floorplan: Yes

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Fencing: Back Yard, Chain Link
  • Acres: 0.32
  • Waterfront: No
  • Construction Type: Block, Stucco
  • Direction Faces: North
  • Patio And Porch Features: Screened
  • Construction Materials:Block2: Yes
  • Construction Materials:Stucco: Yes
  • Patio And Porch Features:Screened: Yes
  • Lot Features:Corner Lot: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street
  • General Property Information:Garage YN: No
  • Parking Features:Off Street: Yes

Utilities

  • Cooling: Central Air
  • Utilities: Cable Available, Electricity Connected, Sewer Connected, Water Connected
  • 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: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: Stone

Lot Info

  • Current Use: Residential
  • Land Lease: No
  • Lot Size Sq Ft: 13939.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 28-37-04-02-00005.0-0021.00
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2211.62

MLS Schools

  • Elementary School: University Park
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2024
Closed on
Jun 21, 2024
Sold by
Pope Warren T and Pope Shirley J
Bought by
Verhaeghe Karl Jan and Verhaeghe Barbara A
Seller's Agent
Liz Becker
Epique Realty Inc.
Buyer's Agent
Erin Conway
Arium Real Estate, LLC
List Price
$300,000
Sold Price
$290,000
Premium/Discount to List
-$10,000
-3.33%
Views
186
Current Estimated Value
$298,920

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,920
Avg. Annual Appreciation
2.00%
Original Mortgage
$261,500
Outstanding Balance
$258,207
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$40,713

Purchase Details

Closed on
Aug 5, 2019
Sold by
Buchanan Renita
Bought by
Pope Warren T and Pope Shirley J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 11, 2008
Sold by
Brevard Home Buyers Inc
Bought by
Buchanan Francis and Buchanan Renita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,000
Interest Rate
12%
Mortgage Type
Balloon

Purchase Details

Closed on
Feb 1, 2008
Sold by
Daniel Jacqueline
Bought by
Brevard Home Buyers Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,000
Interest Rate
12%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Verhaeghe Karl Jan $290,000 Island Title & Escrow
Verhaeghe Karl Jan $290,000 Island Title & Escrow
Pope Warren T $180,000 State Title
Buchanan Francis $106,000 Fidelity Natl Title Ins Co
Brevard Home Buyers Inc $75,000 Fidelity Natl Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Verhaeghe Karl Jan $261,500
Closed Verhaeghe Karl Jan $261,500
Previous Owner Pope Warren T $155,000
Previous Owner Brevard Home Buyers Inc $81,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/21/2024 06/21/24 Sold $290,000 -3.3% $164 / Sq Ft
05/22/2024 05/22/24 Pending -- -- --
05/22/2024 05/22/24 For Sale $300,000 0.0% $169 / Sq Ft
05/17/2024 05/17/24 Pending -- -- --
05/15/2024 05/15/24 For Sale $300,000 0.0% $169 / Sq Ft
04/26/2024 04/26/24 Pending -- -- --
04/19/2024 04/19/24 For Sale $300,000 -- $169 / 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 $2,272 $259,050 -- --
2024 $2,212 $166,060 -- --
2023 $2,212 $161,230 $0 $0
2022 $2,066 $156,540 $0 $0
2021 $2,085 $151,990 $0 $0
2020 $2,060 $149,900 $49,500 $100,400
2019 $1,969 $109,720 $49,500 $60,220
2018 $1,877 $106,110 $44,000 $62,110
2017 $1,701 $87,180 $38,500 $48,680
2016 $1,629 $77,930 $33,000 $44,930
2015 $1,509 $64,400 $27,500 $36,900
2014 $1,351 $58,550 $22,000 $36,550
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 1011192

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-37-04-02-00005.0-0021.00