Landlord's Agent in 2025
Adam Rathbun
SouthTrend Realty
(321) 266-9200
2 in this area
7 Total Sales
48 Piney Branch Way Unit B Melbourne, FL 32904
2
Beds
2.5
Baths
1,288
Sq Ft
$154
Price per Sq Ft
Highlights
- No HOA
- Community Pool
- Dogs and Cats Allowed
- Melbourne Senior High School Rated A-
- Central Air
- East Facing Home
About This Home
As of September 2025Beautifully remodeled unit in the lovely Chateau in the Pines. This units is absolutely one of the highest quality remodeled units in this entire complex. A hidden gem of a neighborhood nestled among the oak trees in the center of W. Melbourne. Everything in this home is brand new in 2024 from the roof, flooring, appliances, kitchen, bathrooms, paint, AC, water heater, etc. Fully refurbished and completed in March 2024. 2 large primary bedrooms each with their own custom closets and full bathrooms. Plus enjoy the fresh air from your private balcony. Downstairs is a 1/2 bathroom with a new washer and dryer, kitchen, dining room/office and living room. Perfect privacy in your open courtyard but yet convenient to all the amenities you could want or need! Community pool on site. 2 reserved parking space plus non reserved guest parking. Owner is a Florida Licensed Real Estate Broker and respects other realtors
Last Agent to Rent the Property
SouthTrend Realty License #601973 Listed on: 07/31/2025
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $2,316
Year Built
- Built in 1983
Lot Details
- 871 Sq Ft Lot
- East Facing Home
Parking
- Assigned Parking
Interior Spaces
- 1,288 Sq Ft Home
- 2-Story Property
Kitchen
- Electric Oven
- Electric Range
- Microwave
- Ice Maker
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
Laundry
- Laundry on lower level
- Dryer
- Washer
Schools
- University Park Elementary School
- Stone Middle School
- Melbourne High School
Utilities
- Central Air
- Heating Available
- Separate Meters
- Separate Water Meter
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Property Available on 8/1/25
- Tenant pays for cable TV, electricity, sewer, water
- The owner pays for association fees, exterior maintenance, HVAC maintenance, insurance, management, repairs, roof maintenance, trash collection
- Rent includes trash collection
- Assessor Parcel Number 28-37-05-00-00038.7-0000.00
Community Details
Overview
- No Home Owners Association
- Association fees include ground maintenance, trash
- 1 Ac As Des In Db 74 Pg 73 Subdivision
Recreation
- Community Pool
Pet Policy
- Pets up to 30 lbs
- Pet Size Limit
- 1 Pet Allowed
- Dogs and Cats Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 31, 2025
Closed on
Aug 11, 2025
Sold by
Rathbun Adam and Rathbun Kimberly
Bought by
Adam Rathbun & Kimberly Rathbun Revocable Liv
Seller's Agent
Adam Rathbun
SouthTrend Realty
Buyer's Agent
Sarah Burr
Palm Realty Properties, LLC
Sold Price
$1,700
Views
61
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,200
Purchase Details
Closed on
May 21, 2025
Sold by
Adam Rathbun and Adam Kimberly Rathbun
Bought by
Rathbun Adam and Rathbun Kimberly
Purchase Details
Closed on
Jan 11, 2016
Sold by
Rathbun Adam and Rathbun Kimberly
Bought by
Rathbun Adam and Rathbun Kimberly
Purchase Details
Closed on
Mar 25, 2005
Sold by
Johnson Arthur L and Schrader Carol L
Bought by
Rathbun Adam C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
5.87%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Adam Rathbun & Kimberly Rathbun Revocable Liv | $100 | None Listed On Document | |
| Adam Rathbun & Kimberly Rathbun Revocable Liv | $100 | None Listed On Document | |
| Rathbun Adam | $100 | None Listed On Document | |
| Rathbun Adam | $100 | None Listed On Document | |
| Rathbun Adam | -- | Attorney | |
| Rathbun Adam C | $120,000 | Town & Country Title Inc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Rathbun Adam C | $96,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/05/2025 09/05/25 | Rented | $1,700 | 0.0% | -- |
| 08/21/2025 08/21/25 | Price Changed | $1,700 | -2.9% | $1 / Sq Ft |
| 08/11/2025 08/11/25 | Price Changed | $1,750 | -2.8% | $1 / Sq Ft |
| 07/31/2025 07/31/25 | For Rent | $1,800 | 0.0% | -- |
| 04/29/2024 04/29/24 | Rented | $1,800 | 0.0% | -- |
| 04/04/2024 04/04/24 | Under Contract | -- | -- | -- |
| 03/29/2024 03/29/24 | Price Changed | $1,800 | -5.3% | $1 / Sq Ft |
| 03/22/2024 03/22/24 | For Rent | $1,900 | -- | -- |
Source: Space Coast MLS (Space Coast Association of REALTORS®)
Tax History Compared to Growth
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 | $2,316 | $164,220 | -- | -- |
| 2024 | $2,133 | $181,660 | -- | -- |
| 2023 | $2,133 | $160,140 | $0 | $0 |
| 2022 | $1,804 | $132,310 | $0 | $0 |
| 2021 | $1,681 | $100,530 | $35,000 | $65,530 |
| 2020 | $1,665 | $99,730 | $35,000 | $64,730 |
| 2019 | $1,734 | $101,300 | $35,000 | $66,300 |
| 2018 | $1,722 | $101,170 | $35,000 | $66,170 |
| 2017 | $1,578 | $87,080 | $27,500 | $59,580 |
| 2016 | $1,233 | $68,290 | $12,500 | $55,790 |
| 2015 | $1,185 | $52,960 | $12,500 | $40,460 |
| 2014 | $1,063 | $48,150 | $7,500 | $40,650 |
Source: Public Records
Agents Affiliated with this Home
-
Adam Rathbun
-
Sarah Burr
S
Tenant's Agent in 2025
Sarah Burr
Palm Realty Properties, LLC
(321) 722-7777
3 Total Sales
-
Kelly Rodano
Buyer's Agent in 2024
Kelly Rodano
BHHS Florida Realty
(321) 960-7933
4 in this area
85 Total Sales
Map
Source: Space Coast MLS (Space Coast Association of REALTORS®)
MLS Number: 1053245
APN: 28-37-05-00-00038.7-0000.00
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