RENTED OCT 9, 2025

504 Cornell Ave Melbourne, FL 32901

Estimated Value: $201,585 - $252,000

3 Beds
1 Bath
900 Sq Ft
$251/Sq Ft Est. Value

Last Sold February 22, 2019

Last sale price $121,500 $135 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $1,429/month

Highlights

  • Screened Porch
  • Patio
  • Central Heating and Cooling System
  • Hurricane or Storm Shutters
  • Laundry Room
  • Ceiling Fan

About This Home

As of October 2025

3-Bedroom Home Steps from FIT - Ready Now!

Just a short walk from Florida Institute of Technology, this 3-bedroom home features a versatile Florida room adaptable as an office, extra bedroom, or living space. Enjoy the convenience of a washer and dryer, undercover carport, laundry room, and extra storage. Close to US-1, I-95, Melbourne Airport, and downtown, you're less than 15 minutes from the beach. Schedule your viewing today!

Last Agent to Rent the Property

Nicolas Scott

Compass Florida LLC License #3601989 Listed on: 07/28/2025

Compass Florida LLC

Last Renter's Agent

Nicolas Scott

Compass Florida LLC License #3601989 Listed on: 07/28/2025

Compass Florida LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1958

Lot Details

  • 7,405 Sq Ft Lot
  • South Facing Home
  • Chain Link Fence

Parking

  • 1 Carport Space

Home Design

  • Asphalt

Interior Spaces

  • 900 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Screened Porch
  • Hurricane or Storm Shutters

Kitchen

  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Patio

Schools

  • University Park Elementary School
  • Stone Middle School
  • Melbourne High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • University Park Sec B Subdivision

Listing and Financial Details

  • Security Deposit $1,800
  • Property Available on 7/30/25
  • Tenant pays for cable TV, electricity, sewer, water
  • The owner pays for pest control, taxes
  • Negotiable Lease Term
  • Assessor Parcel Number 28-37-09-75-0000t.0-0013.00

Home Details

Home Type

Single Family

Year Built

Built in 1958

Lot Details

0

Rental Info

  • Furnished: Unfurnished
  • Tenant Pays: Cable TV, Electricity, Sewer, Water
  • Lease Term: Negotiable
  • Owner Pays: Pest Control, Taxes
  • Available Date: 2025-07-30

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1958
  • Reso Property Sub Type: Single Family Residence
  • Road Surface Type: Asphalt
  • Subdivision Name: University Park Sec B
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: One
  • Location Tax and Legal Parcel Number2: 28-37-09-75-0000t.0-0013.00
  • Location Tax and Legal Elementary School: University Park
  • Location Tax and Legal Middle School2: Stone
  • Location Tax and Legal High School: Melbourne
  • General Property Information Living Area2: 900.0
  • General Property Information Lot Size Acres: 0.17
  • General Property Information Carport Spaces2: 1.0
  • General Property Information Waterfront YN: No
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: South
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Levels One: Yes
  • Road Surface Type Asphalt: Yes
  • Sewer:Public Sewer: Yes
  • Fencing Chain Link: Yes
  • Water Source Public: Yes
  • Pets Allowed Total Number Of Pets: 2
  • General Property Information Carport YN2: Yes
  • Utilities Water Available: Yes
  • General Property Information Stories Total: 1
  • Utilities Sewer Available: Yes
  • Deposits and Fees Security Deposit: 1800.0
  • Utilities Electricity Available: Yes
  • Additional Lease Terms Negotiable3: Yes
  • Marketing Remarks:Marketing Remarks: 3-Bedroom Home Steps from FIT - Ready Now! Just a short walk from Florida Institute of Technology, this 3-bedroom home features a versatile Florida room adaptable as an office, extra bedroom, or living space. Enjoy the convenience of a washer and dryer, undercover carport, laundry room, and extra storage. Close to US-1, I-95, Melbourne Airport, and downtown, you're less than 15 minutes from the beach. Schedule your viewing today!
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Appliances: Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Stories: 1
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Ceiling Fan(s): Yes

Exterior Features

  • Exterior Features: Storm Shutters
  • Fencing: Chain Link
  • Acres: 0.17
  • Waterfront: No
  • Direction Faces: South
  • Patio And Porch Features: Patio, Screened
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Screened: Yes
  • Exterior Features:Storm Shutters: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Carport
  • General Property Information:Garage YN: No
  • Parking Features:Carport: Yes

Utilities

  • Cooling: Central Air
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Heating: Central
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Stone

Lot Info

  • Lot Size Sq Ft: 7405.2
  • ResoLotSizeUnits: Acres
  • Parcel #: 28-37-09-75-0000t.0-0013.00

MLS Schools

  • Elementary School: University Park
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2018
Closed on
Feb 22, 2019
Sold by
Erdnian Maximilian Chaplow
Bought by
Riedel Glenn
Seller's Agent
Samuel Goodwin
Kirschner Real Estate G
Buyer's Agent
Mary Goodwin
Kirschner Real Estate G
List Price
$149,900
Sold Price
$121,500
Premium/Discount to List
-$28,400
-18.95%
Current Estimated Value
$225,646

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,146
Avg. Annual Appreciation
9.42%
Original Mortgage
$91,125
Outstanding Balance
$79,952
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$145,694

Purchase Details

Listed on
May 20, 2016
Closed on
Jun 15, 2016
Sold by
Harwood Katherine Ann
Bought by
Erdman Maximilian Chaplow
Seller's Agent
Tina Dornton
Posey & Co
Buyer's Agent
Mary Goodwin
Kirschner Real Estate G
List Price
$109,000
Sold Price
$110,000
Premium/Discount to List
$1,000
0.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.77%

Purchase Details

Closed on
Nov 25, 2015
Sold by
Smallwood Barbara and Harwood Katherine Ann
Bought by
Harwood Katherine Ann

Purchase Details

Closed on
Aug 9, 1993
Sold by
Smallwood Barbara
Bought by
Smallwood Barbara and Harwood Katherine Ann
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Riedel Glenn $121,500 Alliance Title Ins Agcy Inc
Erdman Maximilian Chaplow $110,000 State Title
Harwood Katherine Ann -- Attorney
Smallwood Barbara -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Riedel Glenn $91,125
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/09/2025 10/09/25 Rented $1,800 0.0% --
07/28/2025 07/28/25 For Rent $1,800 0.0% --
02/22/2019 02/22/19 Sold $121,500 -6.5% $135 / Sq Ft View Prior Sale
01/09/2019 01/09/19 Pending -- -- --
12/11/2018 12/11/18 Price Changed $129,900 -7.1% $144 / Sq Ft
08/20/2018 08/20/18 Price Changed $139,900 -6.7% $155 / Sq Ft
08/05/2018 08/05/18 For Sale $149,900 +36.3% $167 / Sq Ft
06/15/2016 06/15/16 Sold $110,000 +0.9% $122 / Sq Ft View Prior Sale
05/20/2016 05/20/16 Pending -- -- --
05/18/2016 05/18/16 For Sale $109,000 -- $121 / 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 $2,992 $168,070 -- --
2024 $2,808 $178,530 -- --
2023 $2,808 $169,800 -- --
2022 $2,494 $154,530 $0 $0
2021 $2,271 $120,470 $55,000 $65,470
2020 $2,086 $109,570 $45,000 $64,570
2019 $1,094 $94,660 $0 $0
2018 $1,083 $92,900 $0 $0
2017 $1,899 $90,990 $35,000 $55,990
2016 $1,415 $62,940 $20,000 $42,940
2015 $408 $39,780 $20,000 $19,780
2014 $399 $39,470 $15,000 $24,470
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 1053033

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-37-09-75-0000T.0-0013.00