NOT LISTED FOR SALE

401 E Melbourne Ave Melbourne, FL 32901

Estimated Value: $314,000 - $369,000

4 Beds
2 Baths
1,358 Sq Ft
$253/Sq Ft Est. Value

Last Sold February 27, 2015

Last sale price $112,000 $82 Per Sq Ft

Est. 207% increase in value since last sale

Current estimated payment $1,909/month

About This Home

BANK APPROVED PRICE!!! BUYERS WALKED!
HISTORIC DOWNTOWN MELBOURNE. This home is within walking distance to downtown. Located on the corner of Oak and E. Melbourne Avenue yet this home is set in a very private wooded lot for extra privacy. Walk to Crane Creek. The home has two bedrooms downstairs and a full bathroom upstairs and two bedrooms and full bath downstairs. Home offers a nice open floor plan with an open kitchen. The 2 car garage was partially enclosed, but never finished so it can be converted back into a garage or finished as a nice family room. This is an incredible deal!!! Please note home is being sold as is.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2015
Closed on
Feb 27, 2015
Sold by
Elliott Scott and Elliott Nancy
Bought by
Bakey William A and Bakey Karen L
Seller's Agent
Chuck Alzamora
CBA Realty Group
Buyer's Agent
Veronica Callaghan
RE/MAX Olympic Realty
List Price
$139,900
Sold Price
$112,000
Premium/Discount to List
-$27,900
-19.94%
Current Estimated Value
$344,149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$232,149
Avg. Annual Appreciation
10.90%
Original Mortgage
$89,600
Outstanding Balance
$68,852
Interest Rate
3.77%
Estimated Equity
$275,297

Purchase Details

Closed on
Jun 30, 2004
Sold by
Taylor Jill and The Harrison E & Winifred M Du
Bought by
Macdonald Christopher P and Macdonald Siobhan E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,763
Interest Rate
6.25%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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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
Bakey William A $112,000 Landing Title Agency Inc
Macdonald Christopher P $139,900 State Title Partners Llp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bakey William A $89,600
Previous Owner Macdonald Christopher P $128,763
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/27/2015 02/27/15 Sold $112,000 -19.9% $82 / Sq Ft View Prior Sale
01/22/2015 01/22/15 Pending -- -- --
02/04/2014 02/04/14 For Sale $139,900 -- $103 / Sq Ft

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 $1,344 $115,480 -- --
2024 $1,299 $112,230 -- --
2023 $1,299 $108,970 $0 $0
2022 $1,198 $105,800 $0 $0
2021 $1,197 $102,720 $0 $0
2020 $1,179 $101,310 $0 $0
2019 $1,176 $99,040 $0 $0
2018 $1,048 $91,110 $0 $0
2017 $1,040 $89,240 $0 $0
2016 $1,055 $87,410 $28,510 $58,900
2015 $862 $76,990 $28,510 $48,480
2014 $848 $76,380 $23,110 $53,270
Source: Public Records

Agents Affiliated with this Home

  • Chuck Alzamora

    Seller's Agent in 2015

    Chuck Alzamora

    CBA Realty Group

    (321) 543-1097

    10 in this area

    63 Total Sales

    Chuck Alzamora
    Section Image

  • V

    Buyer's Agent in 2015

    Veronica Callaghan

    RE/MAX Olympic Realty

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Map

Florida Brevard County Melbourne 32901

401 E Melbourne Ave, Melbourne, FL

Not Listed for Sale

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