NOT LISTED FOR SALE

318 Rutgers Ave Melbourne, FL 32901

Estimated Value: $260,233 - $282,000

4 Beds
2 Baths
1,230 Sq Ft
$220/Sq Ft Est. Value

Last Sold July 10, 2017

Last sale price $148,000 $120 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $1,721/month

Highlights

  • Eat-In Kitchen
  • Cooling Available
  • Ceiling Fan
  • Melbourne Senior High School Rated A-
  • 1-Story Property
  • West Facing Home

About This Home

As of January 2024

APPLICATION PENDING! AVAILABLE January 1, 2024! Conveniently located within walking distance to FIT. This stylish residence is nestled on a large fully fenced in back yard in a desirably tranquil location. This house has a welcoming kitchen/dining area, 4 bedrooms, 2 full bathrooms, and a laundry area, and retains the value of peaceful living while being conveniently close to shops, schools, and transportation.

Last Agent to Rent the Property

Sharyl Tabat

RE/MAX Elite License #3362637 Listed on: 12/02/2023

RE/MAX Elite

Last Renter's Agent

Kheyla Soriano

Relentless Real Estate Co. License #3506082

Relentless Real Estate Co.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,629

Year Built

  • Built in 1958

Lot Details

  • 9,148 Sq Ft Lot
  • West Facing Home
  • Fenced

Parking

  • 1 Carport Space

Interior Spaces

  • 1,230 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

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

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • University Park Sec B Association
  • University Park Sec B Subdivision

Listing and Financial Details

  • Property Available on 8/15/20
  • The owner pays for grounds care, taxes
  • Rent includes trash collection
  • Assessor Parcel Number 28-37-09-75-0000p.0-0018.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,629

Year Built

Built in 1958

Lot Details

0

Rental Info

  • Furnished: Unfurnished
  • Rent Includes: Trash Collection
  • Lease Term: 12 Months
  • Owner Pays: Grounds Care, Taxes
  • Available Date: 2020-08-15

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1958
  • Reso Property Sub Type: Single Family Residence
  • Subdivision Name: University Park Sec B
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: One
  • Location Tax and Legal Parcel Number2: 28-37-09-75-0000p.0-0018.00
  • Location Tax and Legal Elementary School: University Park
  • Location Tax and Legal Middle School2: Stone
  • Location Tax and Legal High School: Melbourne
  • General Property Information Living Area2: 1230.0
  • General Property Information Lot Size Acres: 0.21
  • General Property Information Lot Size Square Feet2: 9147.6
  • General Property Information Carport Spaces2: 1.0
  • General Property Information Waterfront YN: No
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: West
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling:Electric: Yes
  • Fencing Fenced2: Yes
  • Levels One: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: Yes
  • Utilities Water Available: Yes
  • Utilities Natural Gas Connected: Yes
  • Pets Allowed No: Yes
  • General Property Information:Pool Private YN: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen
  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Ceiling Fan(s): Yes

Exterior Features

  • Pool Features: None
  • Fencing: Fenced
  • Acres: 0.21
  • Pool Private: No
  • Waterfront: No
  • Direction Faces: West

Garage/Parking

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

Utilities

  • Cooling: Electric
  • Utilities: Natural Gas Connected, Water Available
  • Heating: Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Name: UNIVERSITY PARK SEC B

Association/Amenities

  • General Property Information:Association Name: UNIVERSITY PARK SEC B

Schools

  • Middle Or Junior School: Stone

Lot Info

  • Lot Size Sq Ft: 9147.6
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2823720
  • Parcel #: 28-37-09-75-0000p.0-0018.00
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: University Park
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 12, 2024
Sold by
Pike Exum and Pike Exum L
Bought by
Exum L Pike Revocable Living Trust and Pike
Current Estimated Value
$270,558

Purchase Details

Listed on
Jul 11, 2017
Closed on
Jul 10, 2017
Sold by
318 Rutgers Av Inc
Bought by
Pike Exum
Seller's Agent
Roderick Warden
Realty World Curri Properties
Buyer's Agent
Yana Kaestner
Realty World Curri Properties
Sold Price
$1,650

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.54%

Purchase Details

Listed on
Aug 22, 2016
Closed on
Jan 6, 2017
Sold by
Strategy Inc
Bought by
318 Rutgers Ave Inc
Seller's Agent
Jason Collins
Select Realty of Florida LLC
Buyer's Agent
Meili Viera
Perrone Realty, LLC
List Price
$144,900
Sold Price
$128,000
Premium/Discount to List
-$16,900
-11.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.93%

Purchase Details

Closed on
Aug 24, 2007
Sold by
Wagner Bryan A
Bought by
Investment Strategy Inc

Purchase Details

Closed on
Jun 16, 2006
Sold by
Sheppard Wilbert
Bought by
Wagner Bryan A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.49%

Purchase Details

Closed on
Dec 29, 2000
Sold by
Charron Michael P
Bought by
Sheppard Wilbert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,953
Interest Rate
7.75%
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
Exum L Pike Revocable Living Trust $100 None Listed On Document
Exum L Pike Revocable Living Trust $100 None Listed On Document
Pike Exum $148,000 Landing Title Agency Inc
318 Rutgers Ave Inc $128,000 Supreme Title Closings Ll
Investment Strategy Inc $90,800 Thoroughbred Title Llc
Wagner Bryan A $80,000 Phoenix Title Services Llc
Sheppard Wilbert $57,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wagner Bryan A $90,000
Previous Owner Sheppard Wilbert $56,953
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/01/2024 01/01/24 Rented $1,900 0.0% --
12/23/2023 12/23/23 Off Market $148,000 -- --
12/23/2023 12/23/23 Off Market $128,000 -- --
12/02/2023 12/02/23 For Rent $1,950 +25.8% --
08/28/2020 08/28/20 Rented $1,550 -6.1% --
06/01/2020 06/01/20 For Rent $1,650 0.0% --
08/15/2019 08/15/19 Rented $1,650 0.0% --
07/09/2019 07/09/19 For Rent $1,650 0.0% --
07/28/2017 07/28/17 Rented $1,650 0.0% --
07/20/2017 07/20/17 Under Contract -- -- --
07/17/2017 07/17/17 Price Changed $1,650 -15.4% $1 / Sq Ft
07/11/2017 07/11/17 For Rent $1,950 0.0% --
07/10/2017 07/10/17 Sold $148,000 -7.4% $120 / Sq Ft View Prior Sale
06/20/2017 06/20/17 For Sale $159,900 0.0% $130 / Sq Ft
06/08/2017 06/08/17 Pending -- -- --
06/06/2017 06/06/17 Pending -- -- --
05/27/2017 05/27/17 For Sale $159,900 +24.9% $130 / Sq Ft
01/05/2017 01/05/17 Sold $128,000 -8.5% $99 / Sq Ft View Prior Sale
12/22/2016 12/22/16 Pending -- -- --
11/22/2016 11/22/16 Price Changed $139,900 -2.8% $108 / Sq Ft
10/01/2016 10/01/16 Price Changed $143,900 -0.7% $111 / Sq Ft
08/22/2016 08/22/16 For Sale $144,900 0.0% $112 / Sq Ft
10/20/2014 10/20/14 For Rent $925 0.0% --
10/20/2014 10/20/14 Rented $925 -- --
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 $3,629 $215,070 -- --
2024 $3,380 $222,210 -- --
2023 $3,380 $207,200 $0 $0
2022 $2,939 $177,790 $0 $0
2021 $2,727 $146,730 $55,000 $91,730
2020 $2,495 $132,120 $45,000 $87,120
2019 $2,581 $131,790 $45,000 $86,790
2018 $2,475 $123,540 $40,000 $83,540
2017 $1,291 $87,110 $35,000 $52,110
2016 $1,034 $49,200 $20,000 $29,200
2015 $986 $38,610 $20,000 $18,610
2014 $877 $35,100 $15,000 $20,100
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 981645

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-37-09-75-0000P.0-0018.00