NOT LISTED FOR SALE

501 Teal Dr Melbourne, FL 32935

Estimated Value: $262,000 - $309,000

3 Beds
1 Bath
1,525 Sq Ft
$192/Sq Ft Est. Value

Last Sold March 22, 2019

Last sale price $182,000 $119 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $1,712/month

105 Days on Market

Highlights

  • City View
  • Vaulted Ceiling
  • No HOA
  • 0.39 Acre Lot
  • Corner Lot
  • Circular Driveway

About This Home

As of March 2019

Motivated Seller! Come and see this well-maintained unique home centrally located off Thomas Barbour Drive. on an oversize corner lot. The electric and plumbing have been updated; the water heater is new and the HVAC is newer as well. Make your appointment today to see this beautifully updated concrete block home including custom granite counters in the kitchen and bath, custom solid hickory cabinets. Ceilings have custom tongue & groove cedar in a lot of the rooms. The fenced back yard has plenty of room for a pool and is perfect for pets and children. Some furniture is available as well

Last Agent to Sell the Property

Debra Gleason

EXP Realty, LLC License #3291440 Listed on: 11/02/2018

EXP Realty, LLC

Co-Listed By

Dwight Davies

EXP Realty, LLC

Last Buyer's Agent

John Kersting

Beacon Real Estate Sales, LLC License #3026428

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $628

Year Built

  • Built in 1956

Lot Details

  • 0.39 Acre Lot
  • Northwest Facing Home
  • Wood Fence
  • Corner Lot
  • Few Trees

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Asphalt
  • Stucco

Interior Spaces

  • 1,525 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Living Room
  • City Views

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Terrazzo

Bedrooms and Bathrooms

  • 3 Bedrooms
  • In-Law or Guest Suite
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Circular Driveway
  • Additional Parking

Outdoor Features

  • Shed
  • Porch

Additional Homes

  • Accessory Dwelling Unit (ADU)

Schools

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

Utilities

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

Community Details

  • No Home Owners Association
  • Almar Subd Sec A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 27-37-28-01-0000d.0-0004.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$628

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1956
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Corner Lot, Few Trees
  • Road Surface Type: Asphalt
  • Reso View: City
  • Co List Office Mls Id: spc.oexpr5
  • Co List Office Phone: 888-883-8509
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Almar Subd Sec A
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Reso Other Structures: Shed(s)
  • Location Tax and Legal Parcel Number2: 27-37-28-01-0000d.0-0004.00
  • 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: 628.49
  • Location Tax and Legal Tax Year2: 2017
  • General Property Information Living Area2: 1525.0
  • General Property Information Building Area Total3: 1608.0
  • General Property Information Lot Size Acres: 0.39
  • General Property Information Lot Size Square Feet2: 16988.0
  • 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: Northwest
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Fencing Fenced2: Yes
  • Fencing Wood2: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Levels One: Yes
  • Road Surface Type Asphalt: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Flooring Carpet: Yes
  • Water Source Well: Yes
  • Flooring Terrazzo: Yes
  • General Property Information Carport YN2: No
  • Other Structures Shed(s): Yes
  • Utilities Water Available: Yes
  • Room Types Laundry: Yes
  • Room Types Living Room: Yes
  • Interior Features Guest Suite: Yes
  • Accessory Dwelling Information Dwelling Type: Garage
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-in Features, Ceiling Fan(s), Guest Suite, Pantry, Vaulted Ceiling(s)
  • Flooring: Carpet, Terrazzo
  • Appliances: Dishwasher, Dryer, Electric Range, Electric Water Heater, Refrigerator, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • ResoLivingAreaSource: Other
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Built-in Features: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Vaulted Ceiling(s): Yes

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Fencing: Fenced, Wood
  • Acres: 0.39
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco, Other
  • Direction Faces: Northwest
  • Patio And Porch Features: Porch
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio and Porch Features:Porch: Yes
  • Construction Materials:Other15: Yes
  • Lot Features:Few Trees: Yes
  • Lot Features:Corner Lot: Yes
  • View:City3: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Additional Parking, Circular Driveway
  • General Property Information:Garage YN: No
  • Parking Features:Additional Parking: Yes
  • Parking Features:Circular Driveway: Yes

Utilities

  • Cooling: Central Air
  • Utilities: Cable Available, Electricity Connected, Water Available
  • Heating: Central
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Central: Yes

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

  • Lot Size Sq Ft: 16988.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 27-37-28-01-0000d.0-0004.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 628.49

MLS Schools

  • Elementary School: Harbor City
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2018
Closed on
Mar 22, 2019
Sold by
Pope Susan L
Bought by
Loss Pamela
Seller's Agent
Debra Gleason
EXP Realty, LLC
Buyer's Agent
John Kersting
Beacon Real Estate Sales, LLC
List Price
$225,000
Sold Price
$182,000
Premium/Discount to List
-$43,000
-19.11%
Current Estimated Value
$292,818

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,818
Avg. Annual Appreciation
7.22%
Original Mortgage
$178,703
Outstanding Balance
$157,427
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$135,391

Purchase Details

Closed on
Dec 23, 1999
Sold by
Newkold Marilyn Jo and Newkold Robert E
Bought by
Pope Susan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,250
Interest Rate
7.67%

Purchase Details

Closed on
Jan 2, 1997
Sold by
Moore Beulah
Bought by
Newkold Marilyn Jo
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
Loss Pamela $182,000 Aurora T&E Of Brevard Inc
Pope Susan L $58,000 --
Newkold Marilyn Jo -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Loss Pamela $178,703
Previous Owner Pope Susan L $56,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/22/2019 03/22/19 Sold $182,000 -8.5% $119 / Sq Ft
02/13/2019 02/13/19 Pending -- -- --
12/08/2018 12/08/18 Price Changed $199,000 -2.9% $130 / Sq Ft
11/25/2018 11/25/18 Price Changed $205,000 -8.9% $134 / Sq Ft
10/31/2018 10/31/18 For Sale $225,000 -- $148 / 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 $2,170 $164,780 -- --
2024 $2,111 $160,140 -- --
2023 $2,111 $155,480 $0 $0
2022 $1,971 $150,960 $0 $0
2021 $1,987 $146,570 $0 $0
2020 $1,963 $144,550 $63,250 $81,300
2019 $521 $57,320 $0 $0
2018 $522 $56,260 $0 $0
2017 $628 $55,110 $0 $0
2016 $622 $49,970 $28,750 $21,220
2015 $630 $49,630 $23,000 $26,630
2014 $618 $49,240 $28,750 $20,490
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 828803

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-37-28-01-0000D.0-0004.00