NOT LISTED FOR SALE

505 Cornell Ave Melbourne, FL 32901

Estimated Value: $134,000 - $223,000

3 Beds
1.5 Baths
936 Sq Ft
$201/Sq Ft Est. Value

Sale Details

Date Sold: August 11, 2017

Last sale price $70,000 $75 Per Sq Ft

Est. 167% increase in value since last sale

Current estimated payment $1,214 / mo

Highlights

  • No HOA
  • Tile Flooring
  • 1 Car Garage
  • Breakfast Area or Nook
  • 1-Story Property
  • North Facing Home

About This Home

As of August 2017

Comp only

Last Agent to Sell the Property

Comp Agent

Non-MLS or Out of Area Listed on: 08/07/2017

Last Buyer's Agent

Amanda Gonnella

BSC Real Estate License #3319839

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,426

Year Built

  • Built in 1958

Lot Details

  • 8,712 Sq Ft Lot
  • North Facing Home

Parking

  • 1 Car Garage

Home Design

  • Shingle Roof
  • Stucco

Interior Spaces

  • 936 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Breakfast Area or Nook
  • Washer and Gas Dryer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan

Community Details

  • No Home Owners Association
  • University Park Sec B Subdivision

Listing and Financial Details

  • Assessor Parcel Number 28-37-09-75-0000v.0-0004.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,426

Year Built

Built in 1958

Lot Details

8,712 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1958
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: University Park Sec B
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 28-37-09-75-0000v.0-0004.00
  • Location Tax and Legal Tax Annual Amount: 1426.48
  • Location Tax and Legal Tax Year2: 2016
  • General Property Information Living Area2: 936.0
  • General Property Information Building Area Total3: 1502.0
  • General Property Information Lot Size Acres: 0.2
  • General Property Information Lot Size Square Feet2: 8712.0
  • 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: North
  • Flooring Tile: 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
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • Interior Features Breakfast Nook: Yes
  • General Property Information:Pool Private YN: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Nook, Split Bedrooms
  • Flooring: Tile
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • General Property Information Bathrooms Half: 1
  • Interior Features:Split Bedrooms: Yes

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Acres: 0.2
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Stucco
  • Direction Faces: North
  • Construction Materials:Stucco: Yes

Garage/Parking

  • Garage Spaces: 1.0
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0

Utilities

  • Utilities: Water Available

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Lot Size Sq Ft: 8712.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 28-37-09-75-0000v.0-0004.00

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 1426.48

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2017
Closed on
Aug 7, 2017
Sold by
Zhang Shimin
Bought by
Weldon David and Weldon Nancy
Seller's Agent
Comp Agent
Non-MLS or Out of Area
Buyer's Agent
Amanda Gonnella
BSC Real Estate
List Price
$99,000
Sold Price
$70,000
Premium/Discount to List
-$29,000
-29.29%
Current Estimated Value
$187,149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,149
Avg. Annual Appreciation
12.00%

Purchase Details

Listed on
Mar 14, 2014
Closed on
Apr 29, 2014
Sold by
Fannie Mae
Bought by
Zhang Shimin
Seller's Agent
Natalie Carter
Coldwell Banker Realty
Buyer's Agent
Tami Leliuga Shriver
Mutter Realty
List Price
$69,900
Sold Price
$55,000
Premium/Discount to List
-$14,900
-21.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.63%

Purchase Details

Closed on
Jan 14, 2014
Sold by
Carroll Diana Lynn and Carroll Diana
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 4, 2011
Sold by
Carmoling Juan Carlos
Bought by
Arreola Salvador Miranda

Purchase Details

Closed on
Jan 7, 2011
Sold by
Camorlinga Miguel
Bought by
Camorlinga Juan Carlos

Purchase Details

Closed on
Feb 12, 1999
Sold by
Ables Clifford M and Ables Elaine R
Bought by
Carroll Diana Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,655
Interest Rate
6.85%

Purchase Details

Closed on
Jul 28, 1995
Sold by
Harwood Katherine A and Harwood Lee M
Bought by
Ables Clifford M and Ables Elaine R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,141
Interest Rate
7.46%
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
Weldon David $70,000 Attorney
Zhang Shimin $55,000 Attorney
Federal National Mortgage Association -- Attorney
Arreola Salvador Miranda -- None Available
Camorlinga Juan Carlos -- None Available
Carroll Diana Lynn $52,000 --
Ables Clifford M $53,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Carroll Diana Lynn $45,655
Previous Owner Ables Clifford M $54,141
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/23/2023 12/23/23 Off Market $70,000 -- --
08/11/2017 08/11/17 Sold $70,000 0.0% $75 / Sq Ft
08/07/2017 08/07/17 Sold $70,000 -29.3% $75 / Sq Ft View Prior Sale
08/07/2017 08/07/17 Pending -- -- --
08/07/2017 08/07/17 For Sale $99,000 0.0% $106 / Sq Ft
07/23/2017 07/23/17 Pending -- -- --
03/20/2017 03/20/17 Price Changed $99,000 -10.8% $106 / Sq Ft
01/27/2017 01/27/17 For Sale $111,000 +101.8% $119 / Sq Ft
04/29/2014 04/29/14 Sold $55,000 -21.3% $59 / Sq Ft View Prior Sale
04/10/2014 04/10/14 Pending -- -- --
01/09/2014 01/09/14 For Sale $69,900 -- $75 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

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 $2,646 $151,840 -- --
2024 $2,485 $154,290 -- --
2023 $2,485 $147,110 $0 $0
2022 $2,182 $128,640 $0 $0
2021 $2,034 $107,630 $55,000 $52,630
2020 $1,866 $97,430 $45,000 $52,430
2019 $1,983 $99,990 $45,000 $54,990
2018 $1,948 $96,110 $40,000 $56,110
2017 $1,539 $78,690 $35,000 $43,690
2016 $1,426 $63,480 $20,000 $43,480
2015 $1,371 $59,130 $20,000 $39,130
2014 $392 $38,630 $15,000 $23,630
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2017

    Comp Agent

    Non-MLS or Out of Area

  • H

    Seller's Agent in 2017

    Harold Neale

    Neale Real Estate Company

    (772) 398-2475

    33 Total Sales

    Harold Neale
    Section Image

  • T

    Seller Co-Listing Agent in 2017

    Tao An

    Neale Real Estate Company

    (772) 398-2475

    34 Total Sales

    Tao An
    Section Image
  • Amanda Gonnella

    Buyer's Agent in 2017

    Amanda Gonnella

    BSC Real Estate

    (321) 693-0906

    34 in this area

    143 Total Sales

    Amanda Gonnella
    Section Image

  • N

    Seller's Agent in 2014

    Natalie Carter

    Coldwell Banker Realty

  • T

    Buyer's Agent in 2014

    Tami Leliuga Shriver

    Mutter Realty

    Section Image
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Map

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

MLS Number: 791034

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-37-09-75-0000V.0-0004.00

Florida Brevard County Melbourne 32901

505 Cornell Ave, Melbourne, 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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