NOT LISTED FOR SALE

486 Magnolia Ave Melbourne, FL 32935

Estimated Value: $68,000

0.27 Acre
$251,852 Price per Acre
11,761 Sq Ft Lot

Last Sold March 03, 2017

Last sale price $16,000 $10 Per Sq Ft

Est. 325% increase in value since last sale

Current estimated payment $387/month

297 Days on Market

About This Lot

As of March 2017

125 ft deep vacant lot on which to build your dream home in heart of Melbourne. 5 minutes to causeways & then to beaches. Close to everything: close proximity to airport & I-95. Walk to WestShore Jr/Sr & Melbourne High School. Easy to view. Drive by. Sign on property.

Last Agent to Sell the Property

Cayce Donovan

Casablanca Realty, LLC License #3031172 Listed on: 04/18/2016

Co-Listed By

Kelly Donovan

Casablanca Realty, LLC License #597232

Last Buyer's Agent

Cayce Donovan

Casablanca Realty, LLC License #3031172 Listed on: 04/18/2016

Property Details

Property Type

  • Land

Lot Details

  • 0.27 Acre Lot
  • Cleared Lot

Schools

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

Utilities

  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 27-37-21-00-00526.0-0000.00

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Reso Property Sub Type: Unimproved Land
  • ResoLotFeatures: Cleared
  • Road Surface Type: Paved
  • Co List Office Mls Id: 03400
  • Co List Office Phone: 321-254-1943
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: None
  • Location Tax and Legal Parcel Number2: 27-37-21-00-00526.0-0000.00
  • 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: 570.2
  • Location Tax and Legal Tax Year2: 2015
  • General Property Information Lot Size Acres: 0.27
  • General Property Information Lot Size Square Feet2: 11761.0
  • General Property Information Waterfront YN: No
  • General Property Information Senior Community YN: No
  • Utilities Cable Available: Yes
  • Utilities Water Available: Yes
  • General Property Information Lot Size Dimensions: 94.0 ft x 125.0 ft
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 0.27
  • Waterfront: No
  • Lot Features:Cleared: Yes

Utilities

  • Utilities: Cable Available, Water Available

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

  • Current Use: Multi-Family, Residential, Single Family
  • Lot Dimensions: 94.0 ft x 125.0 ft
  • Lot Size Sq Ft: 11761.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 27-37-21-00-00526.0-0000.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 570.2

MLS Schools

  • Elementary School: Harbor City
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 13, 2025
Sold by
Nemschick Brian
Bought by
Konnie C Light Trust and Light
Current Estimated Value
$68,000

Purchase Details

Closed on
Dec 18, 2020
Sold by
Brevard Home Properties Llc
Bought by
Nemschick Brian

Purchase Details

Listed on
Apr 18, 2016
Closed on
Mar 3, 2017
Sold by
Collazo Raymond
Bought by
Brevard Home Properties Llc
Seller's Agent
Cayce Donovan
Casablanca Realty, LLC
Buyer's Agent
Cayce Donovan
Casablanca Realty, LLC
List Price
$36,000
Sold Price
$16,000
Premium/Discount to List
-$20,000
-55.56%

Purchase Details

Closed on
Apr 29, 2004
Sold by
Germain Erik and Walsh Patricia
Bought by
Collazo Raymond

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,790
Interest Rate
7.55%

Purchase Details

Closed on
Feb 23, 1998
Sold by
Moran James J
Bought by
Germain Erik and Walsh Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
6.86%
Source: Public Records
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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
Konnie C Light Trust $100 None Listed On Document
Nemschick Brian $16,000 Landing Title Agency Inc
Brevard Home Properties Llc $16,000 Federal Title Ins Agency Inc
Collazo Raymond $117,000 Fidelity National Title Insu
Germain Erik $112,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Collazo Raymond $101,790
Previous Owner Germain Erik $102,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/03/2017 03/03/17 Sold $16,000 -55.6% $10 / Sq Ft
02/10/2017 02/10/17 Pending -- -- --
04/18/2016 04/18/16 For Sale $36,000 -- $21 / 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 $400 $27,000 -- --
2024 $385 $27,000 -- --
2023 $385 $27,000 -- --
2022 $305 $18,630 $0 $0
2021 $284 $15,480 $15,480 $0
2020 $285 $15,480 $15,480 $0
2019 $296 $15,480 $15,480 $0
2018 $302 $15,480 $15,480 $0
2017 $525 $26,320 $26,320 $0
2016 $555 $26,320 $26,320 $0
2015 $570 $26,320 $26,320 $0
2014 $567 $26,320 $26,320 $0
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 752273

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-37-21-00-00526.0-0000.00