501 E Fee Ave Melbourne, FL 32901
Downtown Melbourne Neighborhood
2
Beds
2
Baths
1,492
Sq Ft
10,019
Sq Ft Lot
Highlights
- City View
- Property is near public transit
- No HOA
- Melbourne Senior High School Rated A-
- End Unit
- 5-minute walk to Melbourne Military Memorial Park
About This Home
As of February 2023This is the perfect opportunity if you are looking to save some money! This is a 2 Bed 2 Bath home in a prime location that needs some love. The home is structurally sound but could use some renovating. Do it slowly and end up with a great home for the family or do a complete facelift and easily make your investment back! The home is at walking distance to Downtown Melbourne, Wells Park and The IndianRiver. A convenient location like this can make a great rental or Airbnb. The beach is 10 minutes away!! Don't miss out on this one!
Last Agent to Sell the Property
KELLER WILLIAMS ADVANTAGE III License #3202664 Listed on: 11/19/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $269
Year Built
- Built in 1959
Lot Details
- 10,019 Sq Ft Lot
- Lot Dimensions are 74.66x137
- West Facing Home
- Property is zoned R1A
Home Design
- Slab Foundation
- Shingle Roof
- Concrete Siding
- Block Exterior
- Stucco
Interior Spaces
- 1,492 Sq Ft Home
- 1-Story Property
- Shade Shutters
- Inside Utility
- City Views
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Parking
- 1 Carport Space
- Driveway
Utilities
- Central Heating and Cooling System
- Cable TV Available
Additional Features
- Exterior Lighting
- Property is near public transit
Community Details
- No Home Owners Association
- La Bertha Lawn Subdivision
Listing and Financial Details
- Down Payment Assistance Available
- Visit Down Payment Resource Website
- Legal Lot and Block 17 / 44
- Assessor Parcel Number 28-37-03-01-00044.0-0017.00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 17, 2024
Sold by
Kathleen Ann Culp Revocable Living Trust and Culp Kathleen Ann
Bought by
Aliberti-Culp Family Revocable Living Trust and Aliberti
Purchase Details
Listed on
Nov 19, 2022
Closed on
Feb 1, 2023
Sold by
Obrien Terrance J
Bought by
Kathleen Ann Culp Revocable Living Trust
Seller's Agent
Karlene Grimes
KELLER WILLIAMS ADVANTAGE III
Buyer's Agent
Stellar Non-Member Agent
Stellar Non-Member Office
List Price
$219,000
Sold Price
$220,000
Premium/Discount to List
$1,000
0.46%
Views
40
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.82%
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $100 | None Listed On Document | |
| Warranty Deed | $220,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $100,000 | Unknown | |
| Previous Owner | $58,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/12/2025 07/12/25 | For Sale | $449,999 | +104.5% | $265 / Sq Ft |
| 02/01/2023 02/01/23 | Sold | $220,000 | +0.5% | $147 / Sq Ft |
| 11/30/2022 11/30/22 | Pending | -- | -- | -- |
| 11/19/2022 11/19/22 | For Sale | $219,000 | -- | $147 / Sq Ft |
Source: Stellar MLS
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 |
|---|---|---|---|---|
| 2023 | $2,768 | $162,880 | $0 | $0 |
| 2022 | $2,378 | $132,830 | $0 | $0 |
| 2021 | $269 | $34,300 | $0 | $0 |
| 2020 | $261 | $33,830 | $0 | $0 |
| 2019 | $253 | $33,070 | $0 | $0 |
| 2018 | $244 | $32,460 | $0 | $0 |
| 2017 | $235 | $31,800 | $0 | $0 |
| 2016 | $229 | $35,280 | $35,280 | $0 |
| 2015 | $229 | $30,940 | $27,620 | $3,320 |
| 2014 | $223 | $30,700 | $22,400 | $8,300 |
Source: Public Records
Agents Affiliated with this Home
-
Betsy Buckley
Seller's Agent in 2025
Betsy Buckley
HomeSmart Coastal Realty
(321) 507-6465
18 Total Sales
-
Karlene Grimes
Seller's Agent in 2023
Karlene Grimes
KELLER WILLIAMS ADVANTAGE III
(646) 732-2730
1 in this area
141 Total Sales
-
Stellar Non-Member Agent
S
Buyer's Agent in 2023
Stellar Non-Member Agent
FL_MFRMLS
Map
Source: Stellar MLS
MLS Number: O6073145
APN: 28-37-03-01-00044.0-0017.00
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.
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.
Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
Nearby Homes
- 1810 Oak St
- 637 E Lincoln Ave
- 603 E New Haven Ave
- 2016 Grant Place Unit 101
- 1714 Fletcher St
- 229 E Melbourne Ave
- 2100 Vernon Place
- 2106 Vernon Place
- 1620 S Harbor City Blvd
- 2013 Vernon Place
- 2101 Vernon Place
- 911 E New Haven Ave
- 1465 S Harbor City Blvd Unit 304
- 1465 S Harbor City Blvd Unit 902
- 1465 S Harbor City Blvd Unit 702
- 1465 S Harbor City Blvd Unit 1002
- 1435 S Harbor City Blvd Unit 401
- 916 Columbus Ave
- 2310 Bignonia St
- 1620 Peachtree St