NOT LISTED FOR SALE

48 Piney Branch Way Unit C Melbourne, FL 32904

Estimated Value: $151,724 - $195,000

2 Beds
2.5 Baths
1,288 Sq Ft
$142/Sq Ft Est. Value

Sale Details

Date Sold: January 17, 2019

Last sale price $105,000 $82 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $1,160 / mo

Highlights

  • No HOA
  • Central Air
  • East Facing Home
  • Community Pool
  • Cats Allowed
  • Heating Available

About This Home

As of April 2026

Completely renovated in 2022, this beautifully updated townhome is located in the charming, oak-lined community of Chateau in the Pines in the heart of West Melbourne. Every detail has been redone, including a new roof, HVAC system, water heater, flooring, kitchen, bathrooms, appliances, and more, with renovations completed in March 2024. The home features two spacious primary bedrooms, each with custom closets and private full bathrooms, along with a bright and functional main level offering a kitchen, living room, dining area or office space, and a convenient half bath with a brand-new washer and dryer. Enjoy outdoor living with a private courtyard and a balcony for fresh air and relaxation. Additional highlights include a community pool, two reserved parking spaces plus guest parking, and a central location close to shopping, dining, and everyday conveniences. Owner is a Florida Licensed Real Estate Broker.

Last Agent to Rent the Property

Adam Rathbun

SouthTrend Realty License #601973 Listed on: 04/11/2026

Last Renter's Agent

Adam Rathbun

SouthTrend Realty License #601973 Listed on: 04/11/2026

Townhouse Details

Home Type

  • Townhome

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
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Property Available on 4/11/26
  • 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
  • Cats Allowed

Townhouse Details

Home Type

Townhome

Year Built

Built in 1983

Lot Details

871 Sq Ft Lot

Rental Info

  • Furnished: Unfurnished
  • Rent Includes: Trash Collection
  • Tenant Pays: Cable TV, Electricity, Sewer, Water
  • Lease Term: 12 Months
  • Owner Pays: Association Fees, Exterior Maintenance, HVAC Maintenance, Insurance, Management, Repairs, Roof Maintenance, Trash Collection
  • Available Date: 2026-04-11

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1983
  • Reso Property Sub Type: Townhouse
  • ResoLaundryFeatures: Lower Level
  • Reso Association Amenities: Pool
  • Reso Association Fee Includes: Maintenance Grounds, Trash
  • Subdivision Name: 1 Ac As Des In Db 74 Pg 73
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Pets Allowed Total Number Of Pets: 1
  • General Property Information Water Body Access YN3: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 2

Exterior Features

  • Acres: 0.02
  • Waterfront: No
  • Direction Faces: East

Garage/Parking

  • Attached Garage: No
  • Parking Features: Assigned

Utilities

  • Cooling: Central Air
  • Utilities: Cable Available, Electricity Available, Electricity Connected, Sewer Available, Sewer Connected, Water Available, Water Connected, Separate Electric Meters, Separate Water Meters
  • Heating: Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: Stone

Lot Info

  • ResoLotSizeUnits: Acres
  • Parcel #: 28-37-05-00-00038.7-0000.00

MLS Schools

  • Elementary School: University Park
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 11, 2025
Sold by
Rathbun Adam and Rathbun Kimberly
Bought by
Adam Rathbun & Kimberly Rathbun Revocable Liv
Current Estimated Value
$182,431

Purchase Details

Closed on
May 21, 2025
Sold by
Adam Rathbun and Adam Kimberly Rathbun
Bought by
Rathbun Adam and Rathbun Kimberly

Purchase Details

Listed on
Dec 14, 2018
Closed on
Jan 16, 2019
Sold by
Bakolia Andrew Wiliam
Bought by
Rathbun Rathbun Adam Adam and Adam Rathbun And Kimberly Rathbun Revoca
Seller's Agent
Andrew Bakolia
Bakolia Realty Inc.
Buyer's Agent
Adam Rathbun
SouthTrend Realty
List Price
$115,000
Sold Price
$105,000
Premium/Discount to List
-$10,000
-8.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.91%

Purchase Details

Closed on
Nov 30, 2009
Sold by
White Ronald E
Bought by
Sanzone Stacey and Sanzone Timothy

Purchase Details

Closed on
Nov 14, 2003
Sold by
Geiss Stella and Hrdlicka Elizabeth M
Bought by
White Ronald E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,400
Interest Rate
5.93%
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
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 Rathbun Adam Adam $105,000 State Title
Sanzone Stacey $65,000 State Title Partners Llp
White Ronald E $94,900 Town & Country Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner White Ronald E $85,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/11/2026 04/11/26 For Rent $1,650 0.0% --
01/17/2019 01/17/19 Sold $105,000 -8.7% $82 / Sq Ft View Prior Sale
01/03/2019 01/03/19 Pending -- -- --
12/14/2018 12/14/18 For Sale $115,000 +9.5% $89 / Sq Ft
12/13/2018 12/13/18 Off Market $105,000 -- --
12/08/2018 12/08/18 Pending -- -- --
12/07/2018 12/07/18 Off Market $105,000 -- --
12/05/2018 12/05/18 Price Changed $115,000 -10.9% $89 / Sq Ft
08/06/2018 08/06/18 For Sale $129,000 -- $100 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

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 $2,315 $164,510 -- --
2024 $2,140 $180,510 -- --
2023 $2,140 $160,430 -- --
2022 $1,814 $133,200 $0 $0
2021 $1,415 $101,240 $35,000 $66,240
2020 $1,678 $100,680 $35,000 $65,680
2019 $1,602 $102,440 $35,000 $67,440
2018 $1,567 $102,350 $35,000 $67,350
2017 $1,437 $88,440 $27,500 $60,940
2016 $1,299 $69,740 $12,500 $57,240
2015 $1,248 $58,350 $12,500 $45,850
2014 $1,122 $53,050 $7,500 $45,550
Source: Public Records

Agents Affiliated with this Home

  • Adam Rathbun

    Landlord's Agent in 2026

    Adam Rathbun

    SouthTrend Realty

    (321) 266-9200

    3 in this area

    11 Total Sales

    Adam Rathbun
    Section Image

  • A

    Seller's Agent in 2019

    Andrew Bakolia

    Bakolia Realty Inc.

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Map

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

MLS Number: 1074385

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-37-05-00-00038.8-0000.00

Florida Brevard County Melbourne 32904

48 Piney Branch Way Unit C, Melbourne, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Space Coast MLS (Space Coast Association of REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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