NOT LISTED FOR SALE

487 SE Melrose Way Lake City, FL 32025

Estimated Value: $100,000 - $196,000

3 Beds
2 Baths
1,100 Sq Ft
$139/Sq Ft Est. Value

Last Sold May 10, 2019

Last sale price $104,000 $95 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $916/month

5 Days on Market

Highlights

  • No HOA
  • Living Room
  • Shed
  • Front Porch
  • Open Patio
  • 1-Story Property

About This Home

As of May 2019

Warm and inviting 3 bedroom 2 bath home awaits a new family. Lovingly cared for this home offers a spacious living room, dining room, kitchen with plenty of cabinet space and newer refrigerator. Open back patio, nice back yard, and storage shed. Updates include Roof 2011, Heat Pump 2012, Hot Water Heater 2015. List of other updated features in the file. Move in ready!

Last Agent to Sell the Property

Missy Zecher

RE/MAX Professionals License #BK3194246 Listed on: 04/05/2019

RE/MAX Professionals

Last Buyer's Agent

Missy Zecher

RE/MAX Professionals License #BK3194246 Listed on: 04/05/2019

RE/MAX Professionals

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,032

Year Built

  • Built in 1960

Lot Details

  • 7,971 Sq Ft Lot
  • Fenced
  • Sprinkler System
  • Property is zoned RSF-3

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,100 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Insulated Windows
  • Blinds
  • Aluminum Window Frames
  • Living Room
  • Dining Room
  • Utility Room
  • Vinyl Plank Flooring

Kitchen

  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Parking Space
  • Carport

Outdoor Features

  • Open Patio
  • Shed
  • Front Porch

Utilities

  • Central Heating and Cooling System
  • Air Source Heat Pump

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,032

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Second Address Number: 487
  • Association Special Assessment: No
  • Directions: From US HWY 90 in Lake City; take SW Baya Drive and continue on SE Baya Drive to L onto SE Melrose Way to property on the R.
  • Homestead Year: Yes
  • Latitude Of Property: 30.183710
  • Listing Number String: 103429
  • Longitude Of Property: -82.621690
  • Prop. Type: Residential
  • Sale Agent Code: MZECHE
  • Sale Office Code: REMAX
  • Stage Construction: Existing Resale
  • Type Utility: Room, Separate
  • Actual Year Built: 1960
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1960

Interior Features

  • Breakfast Room: No
  • Appliances: Refrigerator, Dishwasher, Stove Elec
  • Basement Full Bathrooms: 2
  • Lower Floor 1 Bedrooms: 3
  • Design: Single Story
  • Dining Room: Yes
  • Family Room: No
  • Flooring: Vinyl Plank
  • Florida Room: No
  • Great Room: No
  • Heated Sq Ft: 1100
  • Interior Amenities: Blinds, Ceiling Fans
  • Dining Kitchen: Yes
  • Living Room: Yes
  • Windows: Aluminum, Insulated

Exterior Features

  • Acreage: 0.183
  • Exterior Construction: Frame W Vinyl Siding
  • Exterior: Fence, Sprinkler System
  • Out Buildings: Shed
  • Porch Type: Front, Open Patio, Back
  • Road: Paved
  • Roof: Metal

Garage/Parking

  • Carport: No
  • Parking: 1 Car, Carport

Utilities

  • Cooling: Central Electric, Heat Pump Air to Air
  • Heating: Central Electric, Heat Pump Air to Air
  • Sewer: Public Connected
  • Hot Water: Public Connected

Condo/Co-op/Association

  • Community Type: City Limits
  • Home Owners Association: No

Lot Info

  • Lot Size: 80 x 100 Approx
  • Zoning: RSF-3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2019
Closed on
May 10, 2019
Sold by
Romine Richard E and Romine Barbara C
Bought by
Mcmahon Sean H
Seller's Agent
Missy Zecher
RE/MAX Professionals
Buyer's Agent
Missy Zecher
RE/MAX Professionals
List Price
$104,000
Sold Price
$104,000
Current Estimated Value
$152,483

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,483
Avg. Annual Appreciation
6.63%
Original Mortgage
$95,238
Interest Rate
4.5%
Mortgage Type
FHA
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
Mcmahon Sean H $104,000 Abstract Trust Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcmahon Sean H $99,000
Closed Mcmahon Sean H $95,238
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2019 05/10/19 Sold $104,000 0.0% $95 / Sq Ft
04/10/2019 04/10/19 Pending -- -- --
04/05/2019 04/05/19 For Sale $104,000 -- $95 / Sq Ft
Source: North Florida MLS

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
2024 $1,032 $86,452 -- --
2023 $1,032 $81,569 $0 $0
2022 $934 $79,193 $0 $0
2021 $909 $76,886 $0 $0
2020 $902 $75,824 $0 $0
2019 $1,552 $63,423 $6,000 $57,423
2018 $577 $40,687 $0 $0
2017 $558 $49,608 $6,000 $43,608
2016 $522 $49,192 $6,000 $43,192
2015 $509 $38,568 $0 $0
2014 $494 $38,262 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Florida MLS

MLS Number: 103429

North Florida MLS

APN: 00-00-00-13503-000