NOT LISTED FOR SALE

500 Sylvia Rd Melbourne, FL 32904

Estimated Value: $203,000 - $266,173

3 Beds
1.5 Baths
1,151 Sq Ft
$209/Sq Ft Est. Value

Last Sold November 06, 2014

Last sale price $75,000 $65 Per Sq Ft

Est. 220% increase in value since last sale

Current estimated payment $1,369/month

240 Days on Market

Highlights

  • Wooded Lot
  • No HOA
  • 1 Car Attached Garage
  • Sun or Florida Room
  • Screened Porch
  • Patio

About This Home

As of November 2014

** BOM 09/17/14 **Not a Short Sale**Deliverable Price** 3 Bedroom,1 1/2 Bath Concrete Block Home Nice Starter or Retirement Home. Spacious Living Room, Tile Flooring throughout Home. Freshly painted with all New Kitchen Appliances. Large Laundry Room. Enclosed Porch with Glass Windows, Ceiling Fan and Tile Flooring. Oversized Fenced Corner Lot. A Cut Above in Appearance and Value. Close to Shopping & Restaurants on HWY 192. See attachment for PAS requirements and WFHM offer submittal information in MLS document section. See ''More'' Calendar Days 1-7: All offers will be rejected. We want REOs to have exposure to the market and potential buyers. The date the property is listed is counted as Day 1.Calendar Days 8-15: PAS will entertain offers from all buyers except buyers purchasing as a secondary residence or investors. Note: Non-profits purchasing vacant lots will also be considered during calendar days 8-15. Calendar Days 16+: We will entertain offers from all buyers once all offers received days 8-15 have been fully vetted. Buyers should obtain a free prequalification letter from Wells Fargo Home Mortgage or an entity which is a joint venture with WFHM by working directly with a mortgage consultant or going online at www.wellsfargo.com. Buyers also have the option to provide proof of other credit decisioned financing or a NACA Qualification Letter.

Last Agent to Sell the Property

Gene Collins

Collins And Assoc. R.E. License #493963 Listed on: 09/17/2014

Last Buyer's Agent

Denise Contella

RE/MAX Alternative Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $232

Year Built

  • Built in 1973

Lot Details

  • 9,583 Sq Ft Lot
  • West Facing Home
  • Wooded Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Asphalt

Interior Spaces

  • 1,151 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Sun or Florida Room
  • Screened Porch
  • Tile Flooring
  • Laundry Room

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Jack-and-Jill Bathroom

Outdoor Features

  • Patio

Schools

  • Meadowlane Elementary School
  • Central Middle School
  • Melbourne High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Cannova Park Sec C Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 28-37-07-01-0000o.0-0028.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$232

Year Built

Built in 1973

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1973
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Wooded
  • Road Surface Type: Asphalt
  • ResoSpecialListingConditions: Equitable Interest, Real Estate Owned
  • Subdivision Name: Cannova Park Sec C
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 28-37-07-01-0000o.0-0028.00
  • Location Tax and Legal Elementary School: Meadowlane
  • Location Tax and Legal Middle School2: Central
  • Location Tax and Legal High School: Melbourne
  • Location Tax and Legal Tax Annual Amount: 231.74
  • Location Tax and Legal Tax Year2: 2013
  • General Property Information Living Area2: 1151.0
  • General Property Information Lot Size Acres: 0.22
  • General Property Information Lot Size Square Feet2: 9583.0
  • 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: West
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Flooring Tile: Yes
  • Levels One: Yes
  • Road Surface Type Asphalt: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • Room Types Laundry: Yes
  • Room Types Florida Room: Yes
  • General Property Information Lot Size Dimensions: 95.0 ft x 100.0 ft
  • Interior Features Jack and Jill Bath: Yes
  • Special Listing Conditions Real Estate Owned: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Ceiling Fan(s), Jack and Jill Bath
  • Flooring: Tile
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Refrigerator
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • ResoLivingAreaSource: PublicRecords
  • General Property Information Bathrooms Half: 1
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Ceiling Fan(s): Yes

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Acres: 0.22
  • Waterfront: No
  • Construction Type: Block, Concrete
  • Direction Faces: West
  • Patio And Porch Features: Patio, Porch, Screened
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Lot Features:Wooded: Yes
  • Construction Materials:Brick2: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Cable Available, Water Available
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: Central

Lot Info

  • Lot Dimensions: 95.0 ft x 100.0 ft
  • Lot Size Sq Ft: 9583.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 28-37-07-01-0000o.0-0028.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 231.74

MLS Schools

  • Elementary School: Meadowlane
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2014
Closed on
Oct 13, 2014
Sold by
Wells Fargo Bank National Association
Bought by
Gargan Stacey L
Seller's Agent
Gene Collins
Collins And Assoc. R.E.
Buyer's Agent
Denise Contella
RE/MAX Alternative Realty
List Price
$69,000
Sold Price
$75,000
Premium/Discount to List
$6,000
8.7%
Current Estimated Value
$240,293

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,293
Avg. Annual Appreciation
10.99%
Original Mortgage
$60,000
Outstanding Balance
$46,268
Interest Rate
4.26%
Estimated Equity
$194,025

Purchase Details

Listed on
Sep 17, 2014
Closed on
Sep 22, 2014
Sold by
Figueroa Jose and Case #2011-Ca-054347
Bought by
Wells Fargo Bank Na
Seller's Agent
Gene Collins
Collins And Assoc. R.E.
Buyer's Agent
Denise Contella
RE/MAX Alternative Realty
List Price
$69,000
Sold Price
$75,000
Premium/Discount to List
$6,000
8.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Outstanding Balance
$46,268
Interest Rate
4.26%
Estimated Equity
$194,025

Purchase Details

Closed on
Sep 5, 2014
Sold by
Figueroa Jose and Case #2011-Ca-054347
Bought by
Wells Fargo Bank Na

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Outstanding Balance
$46,268
Interest Rate
4.26%
Estimated Equity
$194,025

Purchase Details

Closed on
Feb 4, 2013
Sold by
Figueroa Jose and Figueroa Madeline
Bought by
Wells Fargo Home Mortgage

Purchase Details

Closed on
Apr 21, 2006
Sold by
Warner Willette
Bought by
Figueroa Jose R and Figueroa Madeline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.31%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gargan Stacey L $75,000 Servicelink
Wells Fargo Bank Na -- Attorney
Wells Fargo Bank Na -- Attorney
Wells Fargo Home Mortgage $36,000 None Available
Figueroa Jose R $175,000 State Title Partners Llp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gargan Stacey L $60,000
Previous Owner Figueroa Jose R $175,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/06/2014 11/06/14 Sold $75,000 +8.7% $65 / Sq Ft
09/26/2014 09/26/14 Pending -- -- --
01/29/2014 01/29/14 For Sale $69,000 -- $60 / Sq Ft
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
2025 $1,367 $121,550 -- --
2024 $1,333 $118,130 -- --
2023 $1,333 $114,690 $0 $0
2022 $1,231 $111,350 $0 $0
2021 $1,266 $108,110 $0 $0
2020 $1,225 $106,620 $0 $0
2019 $1,218 $104,230 $0 $0
2018 $1,213 $102,290 $0 $0
2017 $1,185 $100,190 $0 $0
2016 $1,193 $98,130 $35,000 $63,130
2015 $1,708 $86,790 $30,000 $56,790
2014 $1,460 $71,400 $20,000 $51,400
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 687866

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-37-07-01-0000O.0-0028.00