NOT LISTED FOR SALE

502 Magnolia Ave Melbourne Beach, FL 32951

Estimated Value: $613,000 - $659,673

3 Beds
2 Baths
1,756 Sq Ft
$360/Sq Ft Est. Value

Last Sold August 09, 2018

Last sale price $375,000 $214 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $3,762/month

118 Days on Market

Highlights

  • Open Floorplan
  • No HOA
  • 2 Car Attached Garage
  • Gemini Elementary School Rated A-
  • Breakfast Area or Nook
  • Separate Shower in Primary Bathroom

About This Home

As of August 2018

REDUCED $55,000 AND WILL SELL QUICK! HURRY OR YOU WILL BE TOO LATE!Completely Remodeled Melbourne Beach Home on .30 Acre! Open floor plan with beautiful ceramic floors, large great room, dining area, granite kitchen with large breakfast bar, neutral colors , hurricane impact low-e windows & custom crown molding. Spacious 1756 sq. ft., 3 bedrooms & 2 baths ,large master suite with double French doors and large walk-in closet. Large fenced in yard with brick paver patio, brick paver driveway, two car garage, large storage area inside the garage with a large separate laundry room. Build your dream pool or own outdoor living courtyard area to enjoy all year long. Just blocks from the ocean. Rare find in Melbourne Beach.

Last Agent to Sell the Property

Vickie Hart

Hart To Hart Real Estate, Inc. License #676361 Listed on: 03/02/2018

Last Buyer's Agent

Andrew Barclay

EXP Realty, LLC License #3102990

EXP Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,558

Year Built

  • Built in 1957

Lot Details

  • 0.3 Acre Lot
  • South Facing Home
  • Wood Fence

Parking

  • 2 Car Attached Garage

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,756 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry in Garage
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Patio

Schools

  • Gemini Elementary School
  • Hoover Middle School
  • Melbourne High School

Community Details

  • No Home Owners Association
  • Island Shores Of Melbourne Beach Subdivision

Listing and Financial Details

  • Assessor Parcel Number 28-38-06-75-00003.0-0015.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,558

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1957
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, In Garage, Washer Hookup
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Island Shores of Melbourne Beach
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 28-38-06-75-00003.0-0015.00
  • Location Tax and Legal Elementary School: Gemini
  • Location Tax and Legal Middle School2: Hoover
  • Location Tax and Legal High School: Melbourne
  • Location Tax and Legal Tax Annual Amount: 4558.14
  • Location Tax and Legal Tax Year2: 2017
  • General Property Information Living Area2: 1756.0
  • General Property Information Building Area Total3: 2578.0
  • General Property Information Lot Size Acres: 0.3
  • General Property Information Lot Size Square Feet2: 13068.0
  • 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: South
  • Fencing Fenced2: Yes
  • Fencing Wood2: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Levels One: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Flooring Carpet: Yes
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • General Property Information Carport YN2: No
  • Interior Features Breakfast Nook: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Bar, Breakfast Nook, Ceiling Fan(s), Open Floorplan, Pantry, Primary Bathroom - Tub with Shower, Primary Bathroom -Tub with Separate Shower, Walk-In Closet(s)
  • Flooring: Carpet, Tile
  • Appliances: Dishwasher, Electric Range
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Walk-In Closet(s): Yes

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Fencing: Fenced, Wood
  • Acres: 0.3
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: South
  • Patio And Porch Features: Patio
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Laundry Features:In Garage: Yes
  • Parking Features:Attached: 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: 13068.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2847030
  • Parcel #: 28-38-06-75-00003.0-0015.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 4558.14

MLS Schools

  • Elementary School: Gemini
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 18, 2025
Sold by
Washburn Brent S and Kiley Alexis
Bought by
Washburn Brent S and Washburn Kiley Alexis
Current Estimated Value
$632,668

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Outstanding Balance
$99,408
Interest Rate
6.93%
Mortgage Type
Credit Line Revolving
Estimated Equity
$533,260

Purchase Details

Closed on
Jan 13, 2025
Sold by
Washburn Family Revocable Living Trust and Washburn Brent S
Bought by
Washburn Brent S and Washburn Kiley A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Outstanding Balance
$99,408
Interest Rate
6.93%
Mortgage Type
Credit Line Revolving
Estimated Equity
$533,260

Purchase Details

Closed on
Feb 25, 2022
Sold by
Scott Washburn Jr Brent and Alexis Kiley
Bought by
Washburn Family Revocable Living Trust

Purchase Details

Listed on
Mar 2, 2018
Closed on
Aug 8, 2018
Sold by
Rms Assets Llc
Bought by
Washburn Brent Scott and Washburn Kiley Alexis
Seller's Agent
Vickie Hart
Hart To Hart Real Estate, Inc.
Buyer's Agent
Andrew Barclay
EXP Realty, LLC
List Price
$429,900
Sold Price
$375,000
Premium/Discount to List
-$54,900
-12.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.55%
Original Mortgage
$356,250
Interest Rate
4.5%

Purchase Details

Closed on
Aug 27, 2014
Sold by
Jpmorgan Chase Bank National Association
Bought by
Rms Assets Llc

Purchase Details

Closed on
Jun 25, 2014
Sold by
Patas Thomas and Case #05-2009-Ca-013520
Bought by
Jp Morgan Chase Bank National Associatio and Washington Mutual Bank

Purchase Details

Closed on
Jan 14, 2005
Sold by
Fraser Alex
Bought by
Patas Thomas and Eby Emmet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
5.13%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Dec 21, 2004
Sold by
Fraser Trevor
Bought by
Patas Thomas and Eby Emmet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
5.13%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Apr 10, 2001
Sold by
Davis Lisa
Bought by
Fraser Hilton

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,375
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 20, 1998
Sold by
Cuccaro Dominic F and Cuccaro Nancy A
Bought by
Davis Lisa G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,200
Interest Rate
7.09%

Purchase Details

Closed on
Dec 29, 1993
Sold by
Schlichenmaier Terry K and Schlichenmaier Sally J
Bought by
Cuccaro Dominic F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,750
Interest Rate
7.09%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Washburn Brent S $100 None Listed On Document
Washburn Brent S $100 None Listed On Document
Washburn Brent S $100 None Listed On Document
Washburn Brent S $100 None Listed On Document
Washburn Family Revocable Living Trust -- None Listed On Document
Washburn Brent Scott $375,000 Prestige Title Of Brevard Ll
Rms Assets Llc $190,600 Bay National Title Company
Jp Morgan Chase Bank National Associatio -- None Available
Patas Thomas $61,000 --
Patas Thomas $61,000 --
Patas Thomas $61,000 --
Patas Thomas $61,000 --
Patas Thomas $61,000 --
Fraser Hilton $118,400 --
Davis Lisa G $118,400 --
Cuccaro Dominic F $91,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Washburn Brent S $100,000
Previous Owner Washburn Brent Scott $356,250
Previous Owner Patas Thomas $244,000
Previous Owner Patas Thomas $244,000
Previous Owner Fraser Hilton $108,375
Previous Owner Davis Lisa G $110,200
Previous Owner Cuccaro Dominic F $91,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/09/2018 08/09/18 Sold $375,000 0.0% $214 / Sq Ft
06/29/2018 06/29/18 Pending -- -- --
06/25/2018 06/25/18 Price Changed $375,000 -3.8% $214 / Sq Ft
06/21/2018 06/21/18 Price Changed $390,000 -2.3% $222 / Sq Ft
06/07/2018 06/07/18 Price Changed $399,000 -2.7% $227 / Sq Ft
04/16/2018 04/16/18 Price Changed $410,000 -1.2% $233 / Sq Ft
04/02/2018 04/02/18 Price Changed $414,900 -3.5% $236 / Sq Ft
03/02/2018 03/02/18 For Sale $429,900 -- $245 / 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 $5,327 $396,810 -- --
2024 $5,204 $385,630 -- --
2023 $5,204 $374,400 $0 $0
2022 $5,111 $363,500 $0 $0
2021 $5,283 $352,920 $0 $0
2020 $4,791 $321,380 $0 $0
2019 $4,132 $276,410 $0 $0
2018 $4,649 $261,550 $200,000 $61,550
2017 $4,558 $264,710 $200,000 $64,710
2016 $4,247 $224,930 $150,000 $74,930
2015 $4,022 $207,920 $135,000 $72,920
2014 $3,647 $181,690 $125,000 $56,690
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

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

MLS Number: 806794

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-38-06-75-00003.0-0015.00