NOT LISTED FOR SALE

40 Piney Branch Way Unit C Melbourne, FL 32904

Estimated Value: $200,000 - $225,723

2 Beds
2.5 Baths
1,288 Sq Ft
$165/Sq Ft Est. Value

Last Sold July 11, 2022

Last sale price $250,000 $194 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $1,530/month

30 Days on Market

Highlights

  • In Ground Pool
  • Open Floorplan
  • Great Room
  • Melbourne Senior High School Rated A-
  • Corner Lot
  • Balcony

About This Home

As of July 2022

Very Motivated Seller! This 2 Bed 2.5 Bath Luxury Townhome features tile on the bottom floor, Laminate on the second floor, stainless steel appliances, wooden cabinets, ceiling fans, 2020 interior paint, 2015 AC, and 2022 brand new roof. Plus, it includes fully fenced and screen enclosed Patio with great lightings and ceiling fan for full privacy for your pet or to relax in the evening also providing extra roofed space for get togethers. It has two master suites each with their own full bathroom and a half bath downstairs. Located just minutes away from Melbourne Square Mall, restaurants, Melbourne Airport, Golf, hospital and the beaches. Schedule your private showing today.

Last Agent to Sell the Property

Raju Gupta

Dalton Wade, Inc. License #3452495 Listed on: 05/01/2022

Dalton Wade, Inc.

Last Buyer's Agent

Susan Beers

Mutter Realty License #3261641

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,159

Year Built

  • Built in 1983

Lot Details

  • 871 Sq Ft Lot
  • West Facing Home
  • Wood Fence

HOA Fees

  • $165 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Wood Roof
  • Stucco

Interior Spaces

  • 1,288 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Great Room
  • Dining Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Additional Parking
  • Assigned Parking

Outdoor Features

  • In Ground Pool
  • Balcony
  • Courtyard
  • Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 28-37-05-00-00037.2-0000.00

Community Details

Overview

  • Bayside Management Services/ Sarah Lapointe Association
  • Maintained Community

Recreation

  • Community Pool

Pet Policy

  • Pet Size Limit
  • Breed Restrictions

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,159

Year Built

Built in 1983

Lot Details

0

HOA Fees

$165 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1983
  • Reso Property Sub Type: Townhouse
  • ResoLotFeatures: Corner Lot
  • Reso Association Amenities: Maintenance Grounds, Management - Full Time, Management - Off Site
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: None
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 28-37-05-00-00037.2-0000.00
  • 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: 1158.86
  • Location Tax and Legal Tax Year2: 2021
  • General Property Information Living Area2: 1288.0
  • General Property Information Building Area Total3: 1288.0
  • General Property Information Lot Size Acres: 0.02
  • General Property Information Lot Size Square Feet2: 871.0
  • 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: West
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Fencing Fenced2: Yes
  • Fencing Wood2: Yes
  • Flooring Laminate: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Pool Features In Ground: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Flooring Carpet: Yes
  • Levels Two: Yes
  • Water Source Public: Yes
  • Pets Allowed Size Limit: Yes
  • General Property Information Carport YN2: No
  • Room Types Dining Room: Yes
  • Room Types Great Room: Yes
  • Room Types Laundry: Yes
  • Pets Allowed Breed Restrictions: Yes
  • Roof Wood3: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Open Floorplan, Primary Bathroom - Tub with Shower, Walk-In Closet(s)
  • Flooring: Carpet, Laminate, Tile
  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Total Bedrooms: 4
  • ResoLivingAreaSource: PublicRecords
  • General Property Information Bathrooms Half: 1
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Open Floorplan: Yes
  • Pool Features:Community: Yes
  • Interior Features:Walk-In Closet(s): Yes

Exterior Features

  • Exterior Features: Balcony, Courtyard
  • Pool Features: Community, In Ground
  • Roof: Shingle, Wood
  • Fencing: Fenced, Wood
  • Acres: 0.02
  • Waterfront: No
  • Construction Type: Stucco
  • Direction Faces: West
  • Patio And Porch Features: Porch
  • Construction Materials:Stucco: Yes
  • Patio and Porch Features:Porch: Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:Courtyard: Yes
  • Lot Features:Corner Lot: Yes
  • Construction Materials:Brick2: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Utilities: Cable Available, Electricity Connected
  • Heating: Central
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 165.0
  • Association Fee Frequency: Monthly
  • Association Name: Bayside Management Services/ Sarah LaPointe
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: Bayside Management Services/ Sarah LaPointe
  • General Property Information:Association Fee: 165.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

  • Middle Or Junior School: Stone

Lot Info

  • Lot Size Sq Ft: 871.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2819715
  • Parcel #: 28-37-05-00-00037.2-0000.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 1158.86

MLS Schools

  • Elementary School: University Park
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2022
Closed on
Jul 8, 2022
Sold by
Chhewang Sherpa
Bought by
Boyd Frankie V and Boyd Michelle L
Seller's Agent
Raju Gupta
Dalton Wade, Inc.
Buyer's Agent
Susan Beers
Mutter Realty
List Price
$265,000
Sold Price
$250,000
Premium/Discount to List
-$15,000
-5.66%
Current Estimated Value
$220,763

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$29,237
Avg. Annual Appreciation
-4.16%
Original Mortgage
$245,471
Outstanding Balance
$235,237
Interest Rate
5.1%
Mortgage Type
FHA
Estimated Equity
-$15,928

Purchase Details

Closed on
Jul 2, 2020
Sold by
Laviska James Michael and Laviska Suree
Bought by
Sherpa Chhewang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,920
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 22, 2015
Sold by
Wesley Michael J and Wesley Susan
Bought by
Laviska James Michael and Laviska Suree

Purchase Details

Closed on
Aug 21, 2014
Sold by
Wesley Michael J and Zamarripa Augusta K
Bought by
Chateau In The Pines Homeowners Associat

Purchase Details

Closed on
Apr 16, 1999
Sold by
Babb Jeremy A and Babb Sara R
Bought by
Wesley Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,250
Interest Rate
7.08%
Source: Public Records

Range of Values:

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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
Boyd Frankie V $250,000 State Title Partners
Sherpa Chhewang $136,000 State Title Partners Llp
Laviska James Michael $29,500 None Available
Chateau In The Pines Homeowners Associat -- Attorney
Wesley Michael J $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boyd Frankie V $245,471
Previous Owner Sherpa Chhewang $131,920
Previous Owner Wesley Michael J $64,000
Previous Owner Wesley Michael J $10,000
Previous Owner Wesley Michael J $52,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2022 07/11/22 Sold $250,000 0.0% $194 / Sq Ft
05/31/2022 05/31/22 Pending -- -- --
05/29/2022 05/29/22 Price Changed $250,000 -2.0% $194 / Sq Ft
05/23/2022 05/23/22 Price Changed $255,000 -1.9% $198 / Sq Ft
05/16/2022 05/16/22 Price Changed $259,900 -1.9% $202 / Sq Ft
05/01/2022 05/01/22 For Sale $265,000 -- $206 / 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 $1,889 $159,590 $70,000 $89,590
2022 $1,129 $105,790 $0 $0
2021 $1,159 $102,710 $35,000 $67,710
2020 $1,699 $102,120 $35,000 $67,120
2019 $1,688 $103,870 $35,000 $68,870
2018 $1,647 $103,670 $35,000 $68,670
2017 $1,511 $89,610 $27,500 $62,110
2016 $1,369 $70,780 $12,500 $58,280
2015 $1,326 $65,640 $12,500 $53,140
2014 $1,140 $54,050 $7,500 $46,550
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 933659

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-37-05-00-00037.2-0000.00