NOT LISTED FOR SALE

4040 Edwards St Melbourne, FL 32901

Estimated Value: $130,000 - $225,000

2 Beds
1.5 Baths
1,061 Sq Ft
$184/Sq Ft Est. Value

Last Sold July 31, 2015

Last sale price $50,000 $47 Per Sq Ft

Est. 290% increase in value since last sale

Current estimated payment $1,186/month

74 Days on Market

Highlights

  • No HOA
  • 1-Story Property
  • Chain Link Fence
  • Tile Flooring
  • East Facing Home
  • 4-minute walk to Joe Mullins Park

About This Home

As of July 2015

Lots of potential in this two bedroom home. Great for a handyman or an investor. Both bedrooms have updated wood tile flooring. Master bedroom contains a walk in closet. Large living room and oversized laundry room. Extra room next to the laundry has potential to be converted to a third bedroom. Ceiling accents and updated fan fixture in the living area. Large workshop with electricity and roll up door in the back yard. Minutes from schools, employment and shopping. Square footage matches Property Appraiser's drawing, not tax rolls due to the rooms being under air.

Last Agent to Sell the Property

Stephanie Marosites

Hanson Appraisal & Realty,LLC Listed on: 06/25/2015

Last Buyer's Agent

Stephanie Marosites

Hanson Appraisal & Realty,LLC Listed on: 06/25/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $856

Year Built

  • Built in 1964

Lot Details

  • 6,534 Sq Ft Lot
  • East Facing Home
  • Chain Link Fence

Parking

  • 1 Carport Space

Home Design

  • Fixer Upper
  • Shingle Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 1,061 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Washer and Gas Dryer Hookup

Bedrooms and Bathrooms

  • 2 Bedrooms

Schools

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

Community Details

  • No Home Owners Association
  • Crown Heights 2Nd Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 28-37-15-52-00007.0-0011.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$856

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1964
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Crown Heights 2nd Addn
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Reso Property Condition: Fixer
  • Location Tax and Legal Parcel Number2: 28-37-15-52-00007.0-0011.00
  • 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: 856.0
  • Location Tax and Legal Tax Year2: 2014
  • General Property Information Living Area2: 1061.0
  • General Property Information Lot Size Acres: 0.15
  • General Property Information Lot Size Square Feet2: 6534.0
  • General Property Information New Construction YN: No
  • General Property Information Carport Spaces2: 1.0
  • General Property Information Waterfront YN: No
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: East
  • Fencing Fenced2: Yes
  • Flooring Tile: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Levels One: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Fencing Chain Link: Yes
  • General Property Information Carport YN2: Yes
  • Utilities Water Available: Yes
  • General Property Information Lot Size Dimensions: 60.0 ft x 109.0 ft
  • Property Condition Fixer: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Pantry
  • Flooring: Tile
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • ResoLivingAreaSource: PublicRecords
  • General Property Information Bathrooms Half: 1
  • Interior Features:Pantry: Yes

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Fencing: Chain Link, Fenced
  • Acres: 0.15
  • Waterfront: No
  • Construction Type: Block, Concrete
  • Direction Faces: East
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Carport
  • General Property Information:Garage YN: No
  • Parking Features:Carport: Yes

Utilities

  • Utilities: Water Available

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: Stone

Lot Info

  • Lot Dimensions: 60.0 ft x 109.0 ft
  • Lot Size Sq Ft: 6534.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 28-37-15-52-00007.0-0011.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 856.0

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 17, 2018
Sold by
Cannon Clifford R and Cannon Carolyn S
Bought by
Cannon Clifford R and Cannon Carolyn S
Current Estimated Value
$195,236

Purchase Details

Listed on
Jun 25, 2015
Closed on
Jul 31, 2015
Sold by
Rbpj Investments Llc
Bought by
Cannon Clifford R and Cannon Carolyn S
Seller's Agent
Stephanie Marosites
Hanson Appraisal & Realty,LLC
Buyer's Agent
Stephanie Marosites
Hanson Appraisal & Realty,LLC
List Price
$55,000
Sold Price
$50,000
Premium/Discount to List
-$5,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.92%
Original Mortgage
$40,000
Interest Rate
4.04%

Purchase Details

Listed on
Oct 3, 2013
Closed on
Dec 6, 2013
Sold by
Main Street Fund Iii Llc
Bought by
Rbpj Investments Llc
Seller's Agent
Deneen Mahoney PA
Florida Realty Results, LLC
Buyer's Agent
Jason Cheek
Space Coast Realty Corp.
List Price
$49,900
Sold Price
$43,000
Premium/Discount to List
-$6,900
-13.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.57%
Original Mortgage
$34,400
Interest Rate
4.43%

Purchase Details

Closed on
Nov 2, 2012
Sold by
Revocable Capital Llc
Bought by
Main Street Fund Iii Llc

Purchase Details

Closed on
Jun 23, 2011
Sold by
Fannie Mae
Bought by
Recovery Capital Llc

Purchase Details

Closed on
Mar 8, 2011
Sold by
Newingham Carol
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 29, 2005
Sold by
Ure Edward J and Ure Dorothy J
Bought by
Newingham Carol R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,900
Interest Rate
6.19%

Purchase Details

Closed on
Mar 2, 2004
Sold by
Keen Lewis Lamar and Keen Nancy G
Bought by
Ure Edward J and Ure Dorothy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,250
Interest Rate
5.63%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cannon Clifford R -- None Available
Cannon Clifford R $50,000 State Title
Rbpj Investments Llc $43,000 Primary Title Services
Main Street Fund Iii Llc $38,000 Primary Title Services
Recovery Capital Llc $27,360 Attorney
Federal National Mortgage Association -- None Available
Newingham Carol R $149,900 Alday Donalson Title Agencie
Ure Edward J $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cannon Clifford R $40,000
Previous Owner Rbpj Investments Llc $34,400
Previous Owner Newingham Carol R $99,900
Previous Owner Ure Edward J $61,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/31/2015 07/31/15 Sold $50,000 -9.1% $47 / Sq Ft
07/06/2015 07/06/15 Pending -- -- --
06/25/2015 06/25/15 For Sale $55,000 0.0% $52 / Sq Ft
06/19/2015 06/19/15 Pending -- -- --
06/17/2015 06/17/15 For Sale $55,000 +10.0% $52 / Sq Ft
06/17/2015 06/17/15 Off Market $50,000 -- --
06/05/2015 06/05/15 Price Changed $55,000 -15.4% $52 / Sq Ft
04/22/2015 04/22/15 For Sale $65,000 +51.2% $61 / Sq Ft
12/06/2013 12/06/13 Sold $43,000 -13.8% $49 / Sq Ft View Prior Sale
11/15/2013 11/15/13 Pending -- -- --
09/30/2013 09/30/13 For Sale $49,900 -- $57 / 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
2025 $1,996 $146,430 -- --
2024 $1,899 $151,430 -- --
2023 $1,899 $146,550 $60,000 $86,550
2022 $1,531 $111,220 $0 $0
2021 $1,341 $79,520 $40,000 $39,520
2020 $1,248 $74,360 $35,000 $39,360
2019 $1,205 $71,320 $30,000 $41,320
2018 $1,135 $65,980 $25,000 $40,980
2017 $993 $48,440 $15,000 $33,440
2016 $927 $39,570 $7,500 $32,070
2015 $952 $38,900 $7,500 $31,400
2014 $856 $35,370 $5,000 $30,370
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 723376

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-37-15-52-00007.0-0011.00