NOT LISTED FOR SALE

311 Arcadia Ave Melbourne, FL 32901

Estimated Value: $352,749 - $408,000

3 Beds
2 Baths
1,917 Sq Ft
$198/Sq Ft Est. Value

Last Sold June 19, 2014

Last sale price $137,250 $72 Per Sq Ft

Est. 177% increase in value since last sale

Current estimated payment $2,157/month

15 Days on Market

Highlights

  • 0.45 Acre Lot
  • Bonus Room
  • Screened Porch
  • Melbourne Senior High School Rated A-
  • No HOA
  • Circular Driveway

About This Home

As of June 2014

**Not a Short Sale**Deliverable Price** 3 Bedroom, 2 Bath Home on an Oversized .45 Acre Corner Lot. Property Just Renovated, Including: New Roof. New Exterior and Interior Paint, New Carpet. New A/C System! Formal Dining Room with New Lighting Fixtures. Family Room opens up to the Huge Screened Porch, with Skylights and Upgraded Ceiling Fans. Master Bedroom Suite has a Bonus Sitting Room. Fenced yard and Storage Shed. Close to FIT. . Buyers should obtain a free prequalification letter from Wells Fargo Home Mortgage. See ''More'' for Home Buyer Priority Timelines and attachments. Calendar Days 1-7: All offers will be rejected. We want REOs to have exposure to the market and potential buyers. The date the property is listed is counted as Day 1.Calendar Days 8-15: PAS will entertain offers from all buyers except buyers purchasing as a secondary residence or investors. Note: Non-profits purchasing vacant lots will also be considered during calendar days 8-15. Calendar Days 16+: We will entertain offers from all buyers once all offers received days 8-15 have been fully vetted. Buyers should obtain a free prequalification letter from Wells Fargo Home Mortgage or an entity which is a joint venture with WFHM by working directly with a mortgage consultant. Buyers also have the option to provide proof of other credit decisioned financing or a NACA Qualification Letter.

Last Agent to Sell the Property

Gene Collins

Collins And Assoc. R.E. License #493963 Listed on: 04/15/2014

Last Buyer's Agent

Pamela Biddulph

Housing Market LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,042

Year Built

  • Built in 1973

Lot Details

  • 0.45 Acre Lot
  • North Facing Home
  • Wood Fence

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,917 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Skylights
  • Family Room
  • Living Room
  • Dining Room
  • Bonus Room
  • Screened Porch

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Outdoor Features

  • Patio
  • Shed

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Southgate Sec 3 Unit 2 Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,042

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
  • ResoSpecialListingConditions: Real Estate Owned
  • Subdivision Name: Southgate Sec 3 Unit 2
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Reso Other Structures: Shed(s)
  • 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: 1042.16
  • Location Tax and Legal Tax Year2: 2013
  • General Property Information Living Area2: 1917.0
  • General Property Information Lot Size Acres: 0.45
  • General Property Information Lot Size Square Feet2: 19602.0
  • 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
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Fencing Fenced2: Yes
  • Fencing Wood2: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Levels One: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Flooring Carpet: Yes
  • General Property Information Carport YN2: No
  • Other Structures Shed(s): Yes
  • Utilities Water Available: Yes
  • Room Types Dining Room: Yes
  • Room Types Family Room: Yes
  • Room Types Living Room: Yes
  • Flooring Vinyl: Yes
  • Room Types Bonus Room: Yes
  • Special Listing Conditions Real Estate Owned: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen, Pantry, Primary Bathroom - Tub with Shower, Skylight(s)
  • Flooring: Carpet, Tile, Vinyl
  • Appliances: Dishwasher, Electric Range, Electric Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • ResoLivingAreaSource: Other
  • 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:Pantry: Yes
  • Interior Features:Skylight(s): Yes

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Fencing: Fenced, Wood
  • Acres: 0.45
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: North
  • Patio And Porch Features: Patio, Porch, Screened
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Circular Driveway, Garage Door Opener
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Circular Driveway: Yes

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Cable Available, Electricity Connected, Water Available
  • Heating: Electric, Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Electric3: Yes
  • Heating:Heat Pump: 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: 19602.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 1042.16

MLS Schools

  • Elementary School: University Park
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2014
Closed on
May 21, 2014
Sold by
Hsbc Bank Usa National Association
Bought by
Christian Raymond G
Seller's Agent
Gene Collins
Collins And Assoc. R.E.
Buyer's Agent
Pamela Biddulph
Housing Market LLC
List Price
$134,900
Sold Price
$137,250
Premium/Discount to List
$2,350
1.74%
Current Estimated Value
$379,687

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$242,437
Avg. Annual Appreciation
9.36%
Original Mortgage
$130,375
Outstanding Balance
$98,988
Interest Rate
4.23%
Estimated Equity
$280,699

Purchase Details

Closed on
Dec 27, 2013
Sold by
Kenworthy David Neil and Kenworthy Valerie Lynn
Bought by
Hsbc Bank Usa National Association

Purchase Details

Closed on
Oct 23, 1998
Sold by
Miller Steve L and Miller Martha J
Bought by
Kenworthy David Neil and Kenworthy Valerie Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,953
Interest Rate
6.61%

Purchase Details

Closed on
Oct 20, 1995
Sold by
Carpenter Alan W and Carpenter Margaret S
Bought by
Miller Steve L and Miller Martha J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,650
Interest Rate
7.57%
Source: Public Records

Range of Values:

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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
Christian Raymond G $137,250 Consumer Title & Escrow Serv
Hsbc Bank Usa National Association -- None Available
Kenworthy David Neil -- --
Miller Steve L $88,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Christian Raymond G $130,375
Previous Owner Kenworthy David Neil $81,953
Previous Owner Miller Steve L $82,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/19/2014 06/19/14 Sold $137,250 +1.7% $72 / Sq Ft
04/30/2014 04/30/14 Pending -- -- --
04/15/2014 04/15/14 For Sale $134,900 -- $70 / 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 $2,044 $157,270 -- --
2024 $1,987 $152,840 -- --
2023 $1,987 $148,390 $0 $0
2022 $1,853 $144,070 $0 $0
2021 $1,867 $139,880 $0 $0
2020 $1,843 $137,950 $0 $0
2019 $1,850 $134,850 $0 $0
2018 $1,841 $132,340 $0 $0
2017 $1,838 $129,620 $0 $0
2016 $1,881 $126,960 $30,000 $96,960
2015 $1,917 $126,080 $25,000 $101,080
2014 $2,479 $111,400 $20,000 $91,400
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 694338

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-37-10-28-00000.0-0001.00