NOT LISTED FOR SALE

340 Patrick Cir Melbourne, FL 32901

Estimated Value: $210,000 - $219,000

2 Beds
1 Bath
975 Sq Ft
$220/Sq Ft Est. Value

Last Sold April 26, 2022

Last sale price $192,000 $197 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,372/month

1 Day on Market

Highlights

  • No HOA
  • 1-Story Property
  • South Facing Home
  • Tile Flooring
  • Central Heating and Cooling System
  • 3-minute walk to Magnolia Manor Park

About This Home

As of April 2022

Open House Sunday March 20 from 12-3. Charming concrete block home located in convenient neighborhood undergoing revitalization less than 10 minutes from wide sandy beaches of the Atlantic Ocean and boating and fishing in the Indian River. Newer tile throughout this comfortable home with living/dining room area, 2 nicely sized bedrooms, remodeled bathroom and large fenced in back yard! Close to hospital, airport, downtown Melbourne, Mall, Golf Course, Library, Restaurants, beach, river - you name it! Priced for quick sale!

Last Agent to Sell the Property

Karen Coville

Coville & Company License #700809 Listed on: 03/19/2022

Last Buyer's Agent

Karen Coville

Coville & Company License #700809 Listed on: 03/19/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,536

Year Built

  • Built in 1952

Lot Details

  • 6,970 Sq Ft Lot
  • South Facing Home

Parking

  • Additional Parking

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Asphalt

Interior Spaces

  • 975 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Washer and Gas Dryer Hookup

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 1 Full Bathroom
  • Bathtub and Shower Combination in Primary Bathroom

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 Replat Association
  • Magnolia Park Replat Subdivision

Listing and Financial Details

  • Assessor Parcel Number 28-37-04-26-00010.0-0023.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,536

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1952
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Road Surface Type: Asphalt
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Magnolia Park Replat
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 28-37-04-26-00010.0-0023.00
  • 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: 1536.39
  • Location Tax and Legal Tax Year2: 2021
  • General Property Information Living Area2: 975.0
  • General Property Information Building Area Total3: 1052.0
  • General Property Information Lot Size Acres: 0.16
  • General Property Information Lot Size Square Feet2: 6970.0
  • 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
  • Cooling:Electric: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: 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
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Primary Bathroom - Tub with Shower, Split Bedrooms
  • Flooring: Tile
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • ResoLivingAreaSource: Other
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Split Bedrooms: Yes

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Acres: 0.16
  • Waterfront: No
  • Construction Type: Block, Concrete
  • Direction Faces: South
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Cable Available, Electricity 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 Name: MAGNOLIA PARK REPLAT
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No
  • General Property Information:Association Name: MAGNOLIA PARK REPLAT

Schools

  • Middle Or Junior School: Stone

Lot Info

  • Lot Size Sq Ft: 6970.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 28-37-04-26-00010.0-0023.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 1536.39

MLS Schools

  • Elementary School: University Park
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 30, 2005
Sold by
Watson Charles
Bought by
Hoffman Rochelle and Vanderhee David
Current Estimated Value
$214,346

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,440
Outstanding Balance
$53,705
Interest Rate
6.04%
Estimated Equity
$160,641

Purchase Details

Closed on
Aug 7, 2001
Sold by
Watson Howard and Watson Jane
Bought by
Watson Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,000
Interest Rate
7.19%

Purchase Details

Closed on
Nov 4, 1998
Sold by
Stallings Edgar M and Stallings Mary E
Bought by
Watson Howard and Watson Jane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,000
Interest Rate
6.58%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hoffman Rochelle $120,000 Republic Title Company
Watson Charles $67,000 --
Watson Howard $39,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoffman Rochelle $97,440
Previous Owner Watson Charles $67,000
Previous Owner Watson Howard $39,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2022 04/26/22 Sold $192,000 -4.0% $197 / Sq Ft
03/21/2022 03/21/22 Pending -- -- --
03/19/2022 03/19/22 For Sale $199,900 -- $205 / 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 $3,028 $170,640 -- --
2024 $2,779 $170,610 -- --
2023 $2,779 $152,880 $65,000 $87,880
2022 $1,651 $104,400 $0 $0
2021 $1,536 $87,190 $50,000 $37,190
2020 $1,427 $81,440 $45,000 $36,440
2019 $1,409 $83,440 $45,000 $38,440
2018 $1,336 $78,820 $40,000 $38,820
2017 $1,223 $66,520 $35,000 $31,520
2016 $1,161 $57,870 $30,000 $27,870
2015 $1,075 $42,960 $25,000 $17,960
2014 $961 $39,060 $20,000 $19,060
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 929794

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-37-04-26-00010.0-0023.00