NOT LISTED FOR SALE

401 Cornell Ave Melbourne, FL 32901

Estimated Value: $189,000 - $252,000

3 Beds
2 Baths
1,484 Sq Ft
$150/Sq Ft Est. Value

Last Sold December 15, 2016

Last sale price $110,000 $74 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $1,415/month

49 Days on Market

Highlights

  • Newly Remodeled
  • Cottage Room
  • Garden View
  • Melbourne Senior High School Rated A-
  • Wood Flooring
  • No HOA

About This Home

As of December 2016

Affordable University Park location

Last Agent to Sell the Property

Harold Neale

Neale Real Estate Company License #0689208 Listed on: 08/03/2016

Last Buyer's Agent

Harold Neale

Neale Real Estate Company License #0689208 Listed on: 08/03/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,538

Year Built

  • Built in 1958 | Newly Remodeled

Lot Details

  • 8,712

Home Design

  • Frame With Stucco
  • Shingle Roof

Interior Spaces

  • 1,484 Sq Ft Home
  • 1-Story Property
  • Garden Views
  • Electric Range

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Driveway
  • Open Parking

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Cottage Room
  • North Facing Home

Community Details

  • No Home Owners Association
  • University Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 28-37-09-75-0000f.0-0038.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,538

Year Built

Built in 1958 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1958
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, One Story
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: University Park
  • Year Built Details: New Construction
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Appliances: Dryer, Electric Water Heater, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Cottage
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Tile, Wood
  • Furnished: Unfurnished
  • Living Area: 1484
  • Possible Use: Unknown/Withheld
  • Bedroom Features: At Least 1 Bedroom Ground Level
  • Living Room Features: Cottage

Exterior Features

  • Roof: Shingle
  • View: Garden, None
  • Exterior Features: Other
  • Construction Type: Frame With Stucco
  • Direction Faces: North
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • Property Condition: New Construction
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: University Park
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 28-37-09-75-0000f.0-0038.00
  • Zoning: res
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 1538

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 25, 2021
Sold by
Sottile Nicholas
Bought by
Blankenship Derek
Current Estimated Value
$221,946

Purchase Details

Listed on
Aug 3, 2016
Closed on
Dec 9, 2016
Sold by
Zhang Shimin
Bought by
Sottile Nicholas
Seller's Agent
Harold Neale
Neale Real Estate Company
Buyer's Agent
Harold Neale
Neale Real Estate Company
List Price
$99,999
Sold Price
$110,000
Premium/Discount to List
$10,001
10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.13%
Original Mortgage
$88,000
Interest Rate
3.54%

Purchase Details

Listed on
Jan 26, 2014
Closed on
Mar 7, 2014
Sold by
Fannie Mae
Bought by
Zhang Shimin
Seller's Agent
Lindsay Sanger
RE/MAX Elite
Buyer's Agent
Out Of Area (SCAR)
Out of Area
List Price
$74,900
Sold Price
$70,100
Premium/Discount to List
-$4,800
-6.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.59%

Purchase Details

Closed on
Oct 24, 2013
Sold by
Grezaffi Aimee
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 30, 2004
Sold by
Grezaffi Joseph and Grezaffi Aimee
Bought by
Grezaffi Aimee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,400
Interest Rate
5.96%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 25, 2000
Sold by
Mercedes Homes Inc
Bought by
Gallagher Francis J and Gallagher Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,032
Interest Rate
8.14%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Blankenship Derek $120,000 Supreme Title Closings Llc
Sottile Nicholas $110,000 Attorney
Zhang Shimin $70,100 Attorney
Federal National Mortgage Association -- None Available
Grezaffi Aimee -- --
Gallagher Francis J $132,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sottile Nicholas $88,000
Previous Owner Grezaffi Aimee $25,000
Previous Owner Grezaffi Aimee $64,400
Previous Owner Grezaffi Joseph $12,032
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2016 12/15/16 Sold $110,000 -7.6% $74 / Sq Ft
09/22/2016 09/22/16 Pending -- -- --
08/09/2016 08/09/16 Price Changed $119,000 +19.0% $80 / Sq Ft
08/03/2016 08/03/16 For Sale $99,999 +42.7% $67 / Sq Ft
03/07/2014 03/07/14 Sold $70,100 -6.4% $47 / Sq Ft
02/19/2014 02/19/14 Pending -- -- --
11/07/2013 11/07/13 For Sale $74,900 -- $50 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $2,454 $137,360 $0 $0
2022 $2,166 $120,440 $0 $0
2021 $2,392 $127,490 $55,000 $72,490
2020 $2,193 $115,460 $45,000 $70,460
2019 $2,230 $116,940 $45,000 $71,940
2018 $2,089 $108,080 $40,000 $68,080
2017 $1,918 $91,980 $35,000 $56,980
2016 $1,658 $74,560 $20,000 $54,560
2015 $1,586 $69,140 $20,000 $49,140
2014 $1,070 $45,410 $15,000 $30,410
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2016

    Harold Neale

    Neale Real Estate Company

    (772) 398-2475

    35 Total Sales

    Section Image

  • L

    Seller's Agent in 2014

    Lindsay Sanger

    RE/MAX

  • O

    Buyer's Agent in 2014

    Out Of Area (SCAR)

    Out of Area

See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A10124804

MIAMI REALTORS® MLS

APN: 28-37-09-75-0000F.0-0038.00

Florida Brevard County Melbourne 32901

401 Cornell Ave, Melbourne, FL

This home is located at 401 Cornell Ave, Melbourne, FL 32901 since 03 August 2016 and is currently estimated at $221,946, approximately $149 per square foot. This property was built in 1958. 401 Cornell Ave is a home located in Brevard County with nearby schools including University Park Elementary School, Stone Magnet Middle School, and Melbourne Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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