NOT LISTED FOR SALE

406 Oleander Ln Melbourne, FL 32935

Estimated Value: $274,878 - $315,000

2 Beds
1 Bath
944 Sq Ft
$306/Sq Ft Est. Value

Last Sold April 08, 2016

Last sale price $140,000 $148 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $1,820/month

24 Days on Market

Highlights

  • City View
  • No HOA
  • 1 Car Attached Garage
  • Melbourne Senior High School Rated A-
  • Screened Porch
  • Patio

About This Home

As of April 2016

Must see to appreciate the updates that have been done to this home. Perfect for a family starting out or looking to downsize. Great location. Close to beaches, schools, shopping and I95.

Last Agent to Sell the Property

Betty Renfrow

Christopher J. Fadden Realty License #3015442 Listed on: 02/05/2016

Last Buyer's Agent

Chris Fadden

Christopher J. Fadden Realty License #478665

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $742

Year Built

  • Built in 1950

Lot Details

  • 9,583 Sq Ft Lot
  • West Facing Home
  • Wood Fence
  • Chain Link Fence

Parking

  • 1 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Asphalt

Interior Spaces

  • 944 Sq Ft Home
  • 1-Story Property
  • Screened Porch
  • Tile Flooring
  • City Views
  • Electric Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in Garage
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Patio

Schools

  • Harbor City Elementary School
  • Hoover Middle School
  • Melbourne High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Loveridge Heights Subd Subdivision

Listing and Financial Details

  • Assessor Parcel Number 27-37-21-Em-00008.0-0001.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$742

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1950
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, In Garage, Washer Hookup
  • Road Surface Type: Asphalt
  • Reso View: City
  • Reso Association Amenities: Other
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Loveridge Heights Subd
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 27-37-21-Em-00008.0-0001.00
  • Location Tax and Legal Elementary School: Harbor City
  • Location Tax and Legal Middle School2: Hoover
  • Location Tax and Legal High School: Melbourne
  • Location Tax and Legal Tax Annual Amount: 742.0
  • Location Tax and Legal Tax Year2: 2015
  • General Property Information Living Area2: 944.0
  • General Property Information Building Area Total3: 1228.0
  • General Property Information Lot Size Acres: 0.22
  • General Property Information Lot Size Square Feet2: 9583.0
  • 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
  • Cooling Central Air: Yes
  • Fencing Fenced2: Yes
  • Fencing Wood2: Yes
  • Flooring Tile: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Levels One: Yes
  • Road Surface Type Asphalt: Yes
  • Roof:Shingle: Yes
  • Utilities Electricity Connected: Yes
  • Fencing Chain Link: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • General Property Information Lot Size Dimensions: 91.0 ft x 103.0 ft
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Tile
  • Appliances: Electric Range, Electric Water Heater
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Total Bedrooms: 2
  • ResoLivingAreaSource: PublicRecords
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Fencing: Chain Link, Fenced, Wood
  • Acres: 0.22
  • Waterfront: No
  • Construction Type: Block, Concrete
  • Direction Faces: West
  • Patio And Porch Features: Patio, Porch, Screened
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • View:City3: Yes
  • Construction Materials:Brick2: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • Laundry Features:In Garage: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Lot Dimensions: 91.0 ft x 103.0 ft
  • Lot Size Sq Ft: 9583.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2724325
  • Parcel #: 27-37-21-Em-00008.0-0001.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 742.0

MLS Schools

  • Elementary School: Harbor City
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 15, 2018
Sold by
Wrisley Paul Leon and Smith Ronald Ray
Bought by
Awad Joshua M
Current Estimated Value
$288,970

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,800
Outstanding Balance
$112,623
Interest Rate
4.4%
Estimated Equity
$176,347

Purchase Details

Listed on
Feb 5, 2016
Closed on
Apr 8, 2016
Sold by
Morther S House Inc
Bought by
Wrisley Paul Leon and Smith Ronald Ray
Seller's Agent
Betty Renfrow
Christopher J. Fadden Realty
Buyer's Agent
Chris Fadden
Christopher J. Fadden Realty
List Price
$139,500
Sold Price
$140,000
Premium/Discount to List
$500
0.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.89%
Original Mortgage
$137,464
Interest Rate
3.99%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 5, 2015
Sold by
Herring Timothy H
Bought by
Mothers House Inc

Purchase Details

Closed on
Apr 1, 1998
Sold by
Bonny Dennis E and Bonny Deborah H
Bought by
Herring Timothy H and Herring Mary E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.95%

Purchase Details

Closed on
Nov 18, 1997
Sold by
Folsom Lau Myrtle F and Folsom Lau Myrtle
Bought by
Bonny Dennis E and Bonny Deborah H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,250
Interest Rate
7.27%

Purchase Details

Closed on
Feb 14, 1997
Sold by
Clerk Circuit Court
Bought by
Lau Myrtle F
Source: Public Records

Range of Values:

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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
Awad Joshua M $163,500 Precise Title Inc
Wrisley Paul Leon $140,000 Precise Title Inc
Mothers House Inc $90,000 North American Title Company
Herring Timothy H $62,000 --
Bonny Dennis E $62,500 --
Lau Myrtle F $45,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Awad Joshua M $130,800
Previous Owner Wrisley Paul Leon $137,464
Previous Owner Herring Timothy H $50,000
Previous Owner Bonny Dennis E $56,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/08/2016 04/08/16 Sold $140,000 +0.4% $148 / Sq Ft
03/01/2016 03/01/16 Pending -- -- --
02/05/2016 02/05/16 For Sale $139,500 -- $148 / 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 $3,512 $243,040 -- --
2024 $3,461 $234,690 -- --
2023 $3,461 $249,470 $0 $0
2022 $3,038 $228,940 $0 $0
2021 $2,506 $140,090 $84,000 $56,090
2020 $2,279 $125,230 $70,000 $55,230
2019 $2,667 $141,340 $70,000 $71,340
2018 $1,536 $116,490 $0 $0
2017 $1,532 $114,100 $60,000 $54,100
2016 $1,956 $88,840 $44,000 $44,840
2015 $742 $65,790 $40,000 $25,790
2014 $736 $65,270 $38,000 $27,270
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 746041

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-37-21-EM-00008.0-0001.00