NOT LISTED FOR SALE

3940 Fair Point Ln Melbourne, FL 32934

Estimated Value: $793,000 - $949,492

1.25 Acres
$697,698 Price per Acre
54,450 Sq Ft Lot

Last Sold March 15, 2019

Last sale price $79,900

Est. 1,004% increase in value since last sale

Current estimated payment $5,668/month

933 Days on Market

Highlights

  • 1.25 Acre Lot
  • Wooded Lot
  • No HOA

About This Lot

As of March 2019

See MLS# 757708 as well. Seller agrees to sell both lots together for 189,000 as well. You must see to believe this Beautiful Secluded 1.02 Acre lot in this well established area with large trees that gives quiet feel of serene country living, yet its close to everything, Shops, Restaurants, Schools, etc. Come see for yourself how beautiful your dream home will look in this setting and how relaxed you can be in the middle of everything. This Property will not last long!!

Last Agent to Sell the Property

Richard Lemon

Pytha Realty Group Listed on: 10/17/2018

Last Buyer's Agent

Aaron Young

Kirschner Real Estate G

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,756

Lot Details

  • 1.25 Acre Lot
  • Lot Dimensions are 185 x 282
  • Street terminates at a dead end
  • Wooded Lot
  • Many Trees

Schools

  • Croton Elementary School
  • Johnson Middle School
  • Eau Gallie High School

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 27-36-02-00-00804.0-0000.00

Property Details

Property Type

Land

Est. Annual Taxes

$1,756

Lot Details

0

Listing Details

  • Property Type: Land
  • Reso Property Sub Type: Unimproved Land
  • ResoLotFeatures: Dead End Street, Many Trees, Wooded, Other
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: None
  • Location Tax and Legal Parcel Number2: 27-36-02-00-00804.0-0000.00
  • Location Tax and Legal Elementary School: Croton
  • Location Tax and Legal Middle School2: Johnson
  • Location Tax and Legal High School: Eau Gallie
  • Location Tax and Legal Tax Annual Amount: 1756.2
  • Location Tax and Legal Tax Year2: 2015
  • General Property Information Lot Size Acres: 1.25
  • General Property Information Lot Size Square Feet2: 54450.0
  • General Property Information Waterfront YN: No
  • General Property Information Senior Community YN: No
  • Lot Features Dead End Street: Yes
  • General Property Information Lot Size Dimensions: 185 x 282
  • General Property Information Number Of Lots2: 1.0
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 1.25
  • Waterfront: No
  • Lot Features:Wooded: Yes
  • Lot Features:Other21: Yes
  • Lot Features:Many Trees: Yes

Utilities

  • Utilities: Other

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: Johnson

Lot Info

  • Number Of Lots: 1
  • Current Use: Residential, Single Family
  • Lot Dimensions: 185 x 282
  • Lot Size Sq Ft: 54450.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 27-36-02-00-00804.0-0000.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 1756.2

MLS Schools

  • Elementary School: Croton
  • High School: Eau Gallie

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 17, 2020
Sold by
Hemlock Homes Llc
Bought by
Johnson Katlyn and Sheehan Keith S
Current Estimated Value
$881,925

Purchase Details

Listed on
Oct 17, 2018
Closed on
Mar 15, 2019
Sold by
Tsamoutales John William
Bought by
Hemlock Homes Llc
Seller's Agent
Richard Lemon
Pytha Realty Group
Buyer's Agent
Aaron Young
Kirschner Real Estate G
List Price
$88,000
Sold Price
$79,900
Premium/Discount to List
-$8,100
-9.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
41.33%

Purchase Details

Closed on
Jun 11, 2015
Sold by
Tsamoutales Ganakos Vada
Bought by
Tsamoutales John William

Purchase Details

Listed on
Apr 15, 2014
Closed on
Sep 5, 2014
Sold by
Erdek David
Bought by
Ganakos Vada Tsamoutales
Seller's Agent
Chip Allen
Dynasty Realty of Brevard, Inc
Buyer's Agent
Gerald Paxton
Coldwell Banker Paradise
List Price
$60,000
Sold Price
$73,000
Premium/Discount to List
$13,000
21.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.21%

Purchase Details

Closed on
Oct 26, 2005
Sold by
Vinarub David S
Bought by
Erdek David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,059
Interest Rate
5.71%

Purchase Details

Closed on
Mar 1, 2004
Sold by
Mcmillan John N and Mcmillan Dina V
Bought by
Nor Mal Group Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,800
Interest Rate
5.63%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Johnson Katlyn -- Title Security And Escrow
Hemlock Homes Llc $79,900 State Title
Tsamoutales John William -- Attorney
Ganakos Vada Tsamoutales $73,000 Supreme Title Closings Llc
Erdek David $450,000 --
Nor Mal Group Inc $329,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Erdek David $412,059
Previous Owner Nor Mal Group Inc $263,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/15/2019 03/15/19 Sold $79,900 0.0% --
01/11/2019 01/11/19 Pending -- -- --
11/17/2018 11/17/18 Price Changed $79,900 -5.9% --
11/06/2018 11/06/18 Price Changed $84,900 -3.5% --
10/17/2018 10/17/18 Price Changed $88,000 0.0% --
10/17/2018 10/17/18 For Sale $88,000 -1.1% --
09/19/2018 09/19/18 Pending -- -- --
08/22/2018 08/22/18 Price Changed $89,000 -5.3% --
07/29/2018 07/29/18 For Sale $94,000 +17.6% --
06/14/2018 06/14/18 Pending -- -- --
06/06/2018 06/06/18 Off Market $79,900 -- --
02/27/2018 02/27/18 Price Changed $94,000 -24.8% --
06/21/2016 06/21/16 For Sale $125,000 +71.2% --
09/05/2014 09/05/14 Sold $73,000 +21.7% -- View Prior Sale
04/21/2014 04/21/14 Pending -- -- --
10/01/2013 10/01/13 For Sale $60,000 -- --
Source: Space Coast MLS (Space Coast Association of REALTORS®)

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 $13,059 $731,520 -- --
2024 $2,596 $763,100 -- --
2023 $2,596 $168,750 $0 $0
2022 $2,328 $160,000 $0 $0
2021 $2,038 $112,500 $112,500 $0
2020 $1,710 $93,750 $93,750 $0
2019 $1,776 $93,750 $93,750 $0
2018 $1,813 $93,750 $93,750 $0
2017 $1,864 $23,437 $0 $0
2016 $1,838 $87,500 $87,500 $0
2015 $1,756 $81,250 $81,250 $0
2014 $1,479 $68,750 $68,750 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2019

    Richard Lemon

    Pytha Realty Group

  • A

    Buyer's Agent in 2019

    Aaron Young

    Kirschner Real Estate G

  • C

    Seller's Agent in 2014

    Chip Allen

    Dynasty Realty of Brevard, Inc

    (321) 543-0971

    13 in this area

    22 Total Sales

    Chip Allen
    Section Image
  • Gerald Paxton

    Buyer's Agent in 2014

    Gerald Paxton

    Coldwell Banker Paradise

    (321) 222-9449

    Gerald Paxton
    Section Image
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Map

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

MLS Number: 757709

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-36-02-00-00804.0-0000.00

Florida Brevard County Melbourne 32934

3940 Fair Point Ln, Melbourne, FL

Not Listed for Sale

Lots

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