NOT LISTED FOR SALE

503 Shannon Ave Melbourne Beach, FL 32951

Estimated Value: $600,000 - $801,000

3 Beds
2 Baths
2,098 Sq Ft
$329/Sq Ft Est. Value

Last Sold December 29, 2014

Last sale price $209,900 $100 Per Sq Ft

Est. 229% increase in value since last sale

Current estimated payment $3,630/month

11 Days on Market

Highlights

  • In Ground Pool
  • Open Floorplan
  • Pool View
  • Gemini Elementary School Rated A-
  • Corner Lot
  • No HOA

About This Home

As of December 2014

3 Bed, 2 Bath Home on .43 Acre Lot. 2095 Sq. Ft. Under Air. Built in 1964. 2 Car Garage. Fannie Mae HomePath property. Perfect for the Contractor in your life. Value is in the land. The Home is a bonus! Close to Shopping and the Beach. This is a Fannie Mae HomePath property. All offers are welcome!

Last Agent to Sell the Property

Lynn Burley

Burley Properties License #3105875 Listed on: 11/22/2014

Last Buyer's Agent

Robert Austin

Waterman Real Estate, Inc. License #3224209

Waterman Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,087

Year Built

  • Built in 1964

Lot Details

  • 0.43 Acre Lot
  • West Facing Home
  • Wrought Iron Fence
  • Corner Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Fixer Upper
  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Asphalt

Interior Spaces

  • 2,098 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wood Burning Fireplace
  • Family Room
  • Pool Views

Kitchen

  • Breakfast Bar
  • Dishwasher

Flooring

  • Terrazzo
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Outdoor Features

  • In Ground Pool
  • Shed

Schools

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

Utilities

  • Electric Water Heater

Community Details

  • No Home Owners Association
  • River Colony East Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 28-38-06-77-0000e.0-0009.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,087

Year Built

Built in 1964

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1964
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Corner Lot
  • Road Surface Type: Asphalt
  • Reso View: Pool
  • ResoSpecialListingConditions: Real Estate Owned
  • Subdivision Name: River Colony East
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Reso Other Structures: Shed(s)
  • Reso Property Condition: Fixer
  • Location Tax and Legal Parcel Number2: 28-38-06-77-0000e.0-0009.00
  • 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: 2087.41
  • Location Tax and Legal Tax Year2: 2013
  • General Property Information Living Area2: 2098.0
  • General Property Information Building Area Total3: 2433.0
  • General Property Information Lot Size Acres: 0.43
  • General Property Information Lot Size Square Feet2: 18731.0
  • 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
  • Fencing Fenced2: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Levels One: Yes
  • Pool Features In Ground: Yes
  • Pool Features Private: Yes
  • Road Surface Type Asphalt: Yes
  • Roof:Shingle: Yes
  • Utilities Electricity Connected: Yes
  • View Pool: Yes
  • Flooring Terrazzo: Yes
  • General Property Information Carport YN2: No
  • Other Structures Shed(s): Yes
  • Utilities Water Available: Yes
  • Room Types Family Room: Yes
  • Fencing Wrought Iron: Yes
  • General Property Information Lot Size Dimensions: 127.0 ft x 146.0 ft
  • Flooring Vinyl: Yes
  • Property Condition Fixer: Yes
  • Special Listing Conditions Real Estate Owned: Yes
  • Special Features: 5120
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Bar, Open Floorplan, Primary Bathroom - Tub with Shower
  • Flooring: Terrazzo, Vinyl
  • Appliances: Dishwasher, Electric Water Heater, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning, Other
  • ResoLivingAreaSource: Other
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Breakfast Bar: Yes
  • Fireplace Features:Wood Burning: Yes

Exterior Features

  • Pool Features: In Ground, Private
  • Roof: Shingle
  • Fencing: Fenced, Wrought Iron
  • Acres: 0.43
  • Waterfront: No
  • Construction Type: Block, Concrete
  • Direction Faces: West
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Lot Features:Corner Lot: 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
  • Parking Features:Attached: Yes

Utilities

  • Utilities: Electricity Connected, Water Available

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 Dimensions: 127.0 ft x 146.0 ft
  • Lot Size Sq Ft: 18731.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 28-38-06-77-0000e.0-0009.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 2087.41

MLS Schools

  • Elementary School: Gemini
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 11, 2024
Sold by
Aycock Robert E and Aycock Joanne S
Bought by
Aycock Family Revocable Trust and Aycock
Current Estimated Value
$690,303

Purchase Details

Listed on
Nov 22, 2014
Closed on
Dec 29, 2014
Sold by
Fannie Mae
Bought by
Aycock Robert E and Aycock Joanne S
Seller's Agent
Lynn Burley
Burley Properties
Buyer's Agent
Robert Austin
Waterman Real Estate, Inc.
List Price
$209,900
Sold Price
$209,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.61%

Purchase Details

Listed on
Nov 22, 2014
Closed on
Oct 30, 2014
Sold by
Daley Susan L and Bank Of America Na
Bought by
Federal National Mortgage Association
Seller's Agent
Lynn Burley
Burley Properties
Buyer's Agent
Robert Austin
Waterman Real Estate, Inc.
List Price
$209,900
Sold Price
$209,900

Purchase Details

Closed on
Nov 1, 2004
Sold by
Daley Philip B
Bought by
Daley 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
$125,000
Interest Rate
5.67%

Purchase Details

Closed on
Oct 20, 1995
Sold by
Daley Bernard W and Daley Alice
Bought by
Daley Philip B and Daley 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
$66,750
Interest Rate
7.58%
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
Aycock Family Revocable Trust $100 None Listed On Document
Aycock Robert E $209,900 Attorney
Federal National Mortgage Association -- Attorney
Daley Susan L -- Republic Title Co
Daley Philip B $124,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Daley Susan L $125,000
Previous Owner Daley Philip B $66,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/29/2014 12/29/14 Sold $209,900 0.0% $100 / Sq Ft
12/02/2014 12/02/14 Pending -- -- --
11/21/2014 11/21/14 For Sale $209,900 -- $100 / 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 $106 $226,830 -- --
2024 $102 $220,440 -- --
2023 $102 $214,020 $0 $0
2022 $98 $207,790 $0 $0
2021 $93 $201,740 $0 $0
2020 $93 $198,960 $0 $0
2019 $93 $194,490 $0 $0
2018 $93 $190,870 $0 $0
2017 $93 $186,950 $0 $0
2016 $93 $183,110 $150,000 $33,110
2015 $93 $181,840 $135,000 $46,840
2014 $1,969 $138,420 $125,000 $13,420
Source: Public Records

Agents Affiliated with this Home

  • Lynn Burley

    Seller's Agent in 2014

    Lynn Burley

    Burley Properties

    (321) 427-6788

    55 Total Sales

    Lynn Burley
    Section Image

  • R

    Buyer's Agent in 2014

    Robert Austin

    Waterman Real Estate, Inc.

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Map

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

MLS Number: 711837

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-38-06-77-0000E.0-0009.00

Florida Brevard County Melbourne Beach 32951

503 Shannon Ave, Melbourne Beach, FL

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.

Space Coast MLS (Space Coast Association of REALTORS®) 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.

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