NOT LISTED FOR SALE

3850 Town Square Blvd Unit 21 Melbourne, FL 32901

Estimated Value: $229,319 - $290,000

2 Beds
2 Baths
1,141 Sq Ft
$223/Sq Ft Est. Value

Last Sold October 16, 2014

Last sale price $80,000 $70 Per Sq Ft

Est. 218% increase in value since last sale

Current estimated payment $1,487/month

83 Days on Market

Highlights

  • Open Floorplan
  • 1 Car Attached Garage
  • Tile Flooring
  • Screened Porch
  • Patio
  • 1-Story Property

About This Home

As of October 2014

2 Bedroom, 2 full bath home in a lovely subdivision near shopping centers, and restraunts. This property has an open floor plan with title throughout main living areas. Large living room, Dining room, open kitchen, front porch and screened back patio. This is a Freddie Mac property. This property is eligible under the Freddie Mac First look timeline initiative through 07/02/2014.

Last Agent to Sell the Property

Summer Cunningham

Coldwell Banker Realty Listed on: 06/13/2014

Co-Listed By

Garrett Bell

Coldwell Banker Realty

Last Buyer's Agent

Pamela Bermel

Tropical Realty of Suntree

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,461

Year Built

  • Built in 1994

Lot Details

  • 10,454 Sq Ft Lot
  • Northwest Facing Home

HOA Fees

  • $30 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1,141 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Screened Porch
  • Tile Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio

Schools

  • University Park Elementary School
  • Stone Middle School
  • Palm Bay High School

Community Details

  • Magnolia Village Ii Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 28-37-16-00-00023.I-0000.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,461

Year Built

Built in 1994

Lot Details

0

HOA Fees

$30 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1994
  • Reso Property Sub Type: Single Family Residence
  • Co List Office Mls Id: cwbk5
  • Co List Office Phone: 321-259-5280
  • ResoSpecialListingConditions: Real Estate Owned
  • Subdivision Name: Magnolia Village II
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 28-37-16-00-00023.I-0000.00
  • Location Tax and Legal Elementary School: University Park
  • Location Tax and Legal Middle School2: Stone
  • Location Tax and Legal High School: Palm Bay
  • Location Tax and Legal Tax Annual Amount: 1461.3
  • Location Tax and Legal Tax Year2: 2013
  • General Property Information Living Area2: 1141.0
  • General Property Information Lot Size Acres: 0.24
  • General Property Information Lot Size Square Feet2: 10454.0
  • 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: Northwest
  • Flooring Tile: Yes
  • Levels One: Yes
  • Utilities Electricity Connected: Yes
  • General Property Information Carport YN2: No
  • Special Listing Conditions Real Estate Owned: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Open Floorplan
  • Flooring: Tile
  • Appliances: Other
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • ResoLivingAreaSource: PublicRecords
  • Interior Features:Open Floorplan: Yes

Exterior Features

  • Pool Features: None
  • Roof: Metal
  • Acres: 0.24
  • Waterfront: No
  • Construction Type: Frame, Wood Siding
  • Direction Faces: Northwest
  • Patio And Porch Features: Patio, Porch, Screened
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Construction Materials:Frame: Yes
  • Construction Materials:Wood Siding: Yes
  • ConstructionSiding:Roof Metal: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes

Utilities

  • Utilities: Electricity Connected

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 89.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 89.0
  • General Property Information:Association Fee Frequency: Quarterly

Schools

  • Middle Or Junior School: Stone

Lot Info

  • Lot Size Sq Ft: 10454.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2852210
  • Parcel #: 28-37-16-00-00023.I-0000.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 1461.3

MLS Schools

  • Elementary School: University Park
  • High School: Palm Bay

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2014
Closed on
Oct 17, 2014
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Stephens Kelly
Seller's Agent
Summer Cunningham
Coldwell Banker Realty
Buyer's Agent
Pamela Bermel
Tropical Realty of Suntree
List Price
$109,900
Sold Price
$80,000
Premium/Discount to List
-$29,900
-27.21%
Current Estimated Value
$254,330

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,330
Avg. Annual Appreciation
11.70%
Original Mortgage
$64,000
Outstanding Balance
$50,234
Interest Rate
4.29%
Mortgage Type
New Conventional
Estimated Equity
$215,154

Purchase Details

Closed on
Jul 2, 2014
Sold by
Nationstar Mortgage Llc
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jun 9, 2014
Sold by
Melvin James
Bought by
Nationstar Mortgage Llc

Purchase Details

Closed on
Jul 30, 2004
Sold by
Tarbell Tamara J and Tarbell Edward Wayne
Bought by
Melvin James and Melvin Debra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,250
Interest Rate
7.5%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Apr 21, 1994
Sold by
Magnolia Village Dev Inc
Bought by
Stockdreher Tamara J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,100
Interest Rate
7.61%
Mortgage Type
Purchase Money Mortgage
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
Stephens Kelly $80,000 Attorney
Federal Home Loan Mortgage Corporation -- Attorney
Nationstar Mortgage Llc -- Attorney
Melvin James $135,000 Alliance Title Of Brevard Ll
Stockdreher Tamara J $71,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stephens Kelly $64,000
Previous Owner Melvin James $36,500
Previous Owner Melvin James $134,500
Previous Owner Melvin James $128,250
Previous Owner Stockdreher Tamara J $63,981
Previous Owner Stockdreher Tamara J $69,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2014 10/16/14 Sold $80,000 -27.2% $70 / Sq Ft
09/04/2014 09/04/14 Pending -- -- --
06/13/2014 06/13/14 For Sale $109,900 -- $96 / 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
2023 $785 $81,720 $0 $0
2022 $708 $79,340 $0 $0
2021 $698 $77,030 $0 $0
2020 $684 $75,970 $0 $0
2019 $683 $74,270 $0 $0
2018 $689 $72,890 $0 $0
2017 $699 $71,400 $0 $0
2016 $725 $69,940 $0 $0
2015 $743 $69,460 $0 $0
2014 $1,626 $70,690 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 699308

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-37-16-00-00023.I-0000.00