NOT LISTED FOR SALE

45 Piney Branch Way Unit C Melbourne, FL 32904

Estimated Value: $162,000 - $200,000

2 Beds
2.5 Baths
1,288 Sq Ft
$139/Sq Ft Est. Value

Last Sold December 08, 2023

Last sale price $155,000 $120 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,253/month

26 Days on Market

Highlights

  • Open Floorplan
  • Community Pool
  • Tile Flooring
  • Melbourne Senior High School Rated A-
  • Walk-In Closet
  • East Facing Home

About This Home

As of December 2023

This fixer-upper townhome in the heart of Melbourne is calling your name. Don't miss this exceptional chance to create the home of your dreams. This is also a great opportunity for an investor. Customizing every aspect to reflect your unique taste and style, from the color palette to the flooring and fixtures. It does have a new AC. Downstairs you have the kitchen, dining area, courtyard, living room, half bath and laundry room. Upstairs you'll discover two generously sized bedrooms and two bathrooms. The community has a pool and is located a stones through away from Melbourne Square Mall, restaurants and entertainment. Offers will be looked at after the property has been on the market for 7 days.

Last Agent to Sell the Property

Kavita Uttamchandani

Century 21 Carioti License #3255362 Listed on: 09/01/2023

Century 21 Carioti

Last Buyer's Agent

Gabrielle Fineman

CENTURY 21 Baytree Realty License #3551139

CENTURY 21 Baytree Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,138

Year Built

  • Built in 1985

Lot Details

  • 871 Sq Ft Lot
  • East Facing Home

HOA Fees

  • $165 Monthly HOA Fees

Home Design

  • Frame Construction
  • Shingle Roof
  • Wood Roof
  • Wood Siding
  • Concrete Siding
  • Block Exterior

Interior Spaces

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Schools

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

Utilities

  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 28-37-05-00-00044.4-0000.00

Community Details

Overview

  • Piney Woods Subdivision

Recreation

  • Community Pool

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,138

Year Built

Built in 1985

Lot Details

0

HOA Fees

$165 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1985
  • Reso Property Sub Type: Townhouse
  • ResoLotFeatures: Other
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Piney Woods
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 28-37-05-00-00044.4-0000.00
  • 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: 1138.02
  • Location Tax and Legal Tax Year2: 2022
  • 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: East
  • Flooring Tile: 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
  • Pets Allowed Number Limit: Yes
  • Utilities Water Available: Yes
  • Utilities Sewer Available: Yes
  • Roof Wood3: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Open Floorplan, Walk-In Closet(s)
  • Flooring: Carpet, Tile
  • Appliances: None
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Total Bedrooms: 3
  • General Property Information Bathrooms Half: 1
  • Interior Features:Open Floorplan: Yes
  • Pool Features:Community: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:None: Yes

Exterior Features

  • Pool Features: Community
  • Roof: Shingle, Wood
  • Acres: 0.02
  • Waterfront: No
  • Construction Type: Block, Concrete, Frame, Wood Siding
  • Direction Faces: East
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Frame: Yes
  • Construction Materials:Wood Siding: Yes
  • Lot Features:Other21: Yes

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

  • Utilities: Cable Available, Electricity Connected, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 165.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • 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: 2819759
  • Parcel #: 28-37-05-00-00044.4-0000.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 1138.02

MLS Schools

  • Elementary School: University Park
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2018
Closed on
Nov 28, 2018
Sold by
Troso Frank
Bought by
Lespier Ricardo
Seller's Agent
Janet Rochester
RE/MAX Aerospace Realty
Buyer's Agent
Dawn DiNoto
Melbourne Realty, Inc.
List Price
$124,900
Sold Price
$119,000
Premium/Discount to List
-$5,900
-4.72%
Current Estimated Value
$178,482

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,482
Avg. Annual Appreciation
6.65%
Original Mortgage
$116,844
Outstanding Balance
$105,248
Interest Rate
5.5%
Mortgage Type
FHA
Estimated Equity
$77,187

Purchase Details

Closed on
Oct 8, 2004
Sold by
Gragg Tiffany M
Bought by
Troso Frank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
5.73%

Purchase Details

Closed on
Jul 24, 2003
Sold by
Dietz Wilson R
Bought by
Gragg Tiffany M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,920
Interest Rate
5.24%
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
Lespier Ricardo $119,000 Supreme Title Closings Llc
Troso Frank $121,000 Aurora Title
Gragg Tiffany M $89,900 Town & Country Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lespier Ricardo $116,844
Previous Owner Troso Frank $90,000
Previous Owner Gragg Tiffany M $71,920
Closed Gragg Tiffany M $17,780
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2023 12/08/23 Sold $155,000 -8.3% $120 / Sq Ft
09/27/2023 09/27/23 Pending -- -- --
09/19/2023 09/19/23 Price Changed $169,000 -2.9% $131 / Sq Ft
09/01/2023 09/01/23 For Sale $174,000 +46.2% $135 / Sq Ft
11/28/2018 11/28/18 Sold $119,000 0.0% $92 / Sq Ft
10/25/2018 10/25/18 Pending -- -- --
10/21/2018 10/21/18 Price Changed $119,000 -2.9% $92 / Sq Ft
10/15/2018 10/15/18 Price Changed $122,500 -1.9% $95 / Sq Ft
08/18/2018 08/18/18 For Sale $124,900 0.0% $97 / Sq Ft
04/15/2015 04/15/15 Rented $850 0.0% --
03/31/2015 03/31/15 Under Contract -- -- --
03/19/2015 03/19/15 For Rent $850 -- --
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 $1,237 $109,680 $0 $0
2022 $1,138 $106,490 $0 $0
2021 $1,168 $103,390 $0 $0
2020 $1,127 $101,970 $35,000 $66,970
2019 $1,192 $104,600 $35,000 $69,600
2018 $1,538 $104,530 $35,000 $69,530
2017 $1,400 $88,760 $27,500 $61,260
2016 $1,265 $70,060 $12,500 $57,560
2015 $1,216 $54,810 $12,500 $42,310
2014 $1,092 $49,830 $7,500 $42,330
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 974105

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-37-05-00-00044.4-0000.00