NOT LISTED FOR SALE

506 Cherokee Ave Melbourne, FL 32935

Estimated Value: $222,000 - $248,000

2 Beds
1 Bath
1,086 Sq Ft
$212/Sq Ft Est. Value

Last Sold November 12, 2021

Last sale price $190,000 $175 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $1,403/month

15 Days on Market

Highlights

  • RV Access or Parking
  • Hurricane or Storm Shutters
  • 1 Car Attached Garage
  • No HOA
  • Porch
  • Laundry Room

About This Home

As of November 2021

PERFECT for small family. This BLOCK home has a lot of potential! Tucked back in the neighborhood with GREAT neighbors all around, this property was BARELY used (vacation home) from 1981-2015. Nice size living room will fit an L shaped couch. Kitchen has beautiful granite on wood with 2 pantry cabinets in the adjoining laundry room. Walk through the BONUS ROOM on the way to the 386 sq ft GARAGE in back! The garage could be converted into a master suite or mother in law! Good roof and windows, updated electric & plumbing. LOTS of STORAGE inside with 3 HALL closets + linen closet! Clamshell Awnings and corrugated hurricane panels included. EASY TO SEE! PRIVATE FINANCING AVAILABLE with 50% down.

Last Agent to Sell the Property

Leslie Purdy

EXP Realty, LLC Listed on: 09/27/2021

Last Buyer's Agent

Christina Kaiser

Blue Marlin Real Estate License #3467715

Blue Marlin Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,930

Year Built

  • Built in 1962

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 85x100
  • North Facing Home

Parking

  • 1 Car Attached Garage
  • 1 Carport Space
  • Additional Parking
  • RV Access or Parking

Home Design

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

Interior Spaces

  • 1,086 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Hurricane or Storm Shutters
  • Electric Range

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Eco-Friendly Details

  • Energy-Efficient Thermostat
  • Water-Smart Landscaping

Outdoor Features

  • Porch

Schools

  • Roy Allen Elementary School
  • Central Middle School
  • Eau Gallie High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Cresthaven Homes Sec 2 Association
  • Cresthaven Homes Sec 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 27-37-19-76-0000j.0-0053.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,930

Year Built

Built in 1962

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1962
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Road Surface Type: Asphalt
  • ResoSpecialListingConditions: Equitable Interest, Standard
  • Subdivision Name: Cresthaven Homes Sec 2
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Efficiency: Thermostat
  • Location Tax and Legal Parcel Number2: 27-37-19-76-0000j.0-0053.00
  • Location Tax and Legal Elementary School: Roy Allen
  • Location Tax and Legal Middle School2: Central
  • Location Tax and Legal High School: Eau Gallie
  • Location Tax and Legal Tax Annual Amount: 1930.03
  • Location Tax and Legal Tax Year2: 2020
  • General Property Information Living Area2: 1086.0
  • General Property Information Building Area Total3: 1762.0
  • General Property Information Lot Size Acres: 0.15
  • General Property Information Lot Size Square Feet2: 6534.0
  • General Property Information New Construction YN: No
  • 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: North
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Flooring Tile: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Levels One: Yes
  • Pets Allowed Yes: Yes
  • Road Surface Type Asphalt: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: Yes
  • Green Water Conservation Water-Smart Landscaping: Yes
  • Room Types Family Room: Yes
  • Room Types Laundry: Yes
  • General Property Information Lot Size Dimensions: 85x100
  • Flooring Vinyl: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Pantry
  • Flooring: Tile, Vinyl
  • Appliances: Electric Range, Electric Water Heater, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • ResoLivingAreaSource: Other
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Pantry: Yes

Exterior Features

  • Exterior Features: Storm Shutters
  • Pool Features: None
  • Roof: Shingle
  • Acres: 0.15
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco, Wood Siding
  • Direction Faces: North
  • Patio And Porch Features: Porch
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio and Porch Features:Porch: Yes
  • Exterior Features:Storm Shutters: Yes
  • Construction Materials:Wood Siding: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Additional Parking, Attached, Carport, Garage, RV Access/Parking
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Additional Parking: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Carport: Yes
  • Parking Features:RV AccessParking: Yes

Utilities

  • Cooling: Central Air, Electric
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Name: CRESTHAVEN HOMES SEC 2
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No
  • General Property Information:Association Name: CRESTHAVEN HOMES SEC 2

Schools

  • Middle Or Junior School: Central

Lot Info

  • Lot Dimensions: 85x100
  • Lot Size Sq Ft: 6534.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 27-37-19-76-0000j.0-0053.00
  • ResoLotSizeUnits: Acres

Green Features

  • Green Water Conservation: Water-Smart Landscaping
  • Green Energy Efficient:Thermostat: Yes

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 1930.03

MLS Schools

  • Elementary School: Roy Allen
  • High School: Eau Gallie

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2021
Closed on
Nov 12, 2021
Sold by
Purdy John and Purdy Leslie
Bought by
Mcwilliams Joshua A
Seller's Agent
Leslie Purdy
EXP Realty, LLC
Buyer's Agent
Christina Kaiser
Blue Marlin Real Estate
List Price
$200,000
Sold Price
$190,000
Premium/Discount to List
-$10,000
-5%
Current Estimated Value
$230,737

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,737
Avg. Annual Appreciation
4.79%
Original Mortgage
$10,000
Outstanding Balance
$9,123
Interest Rate
2.98%
Estimated Equity
$221,614

Purchase Details

Closed on
Apr 1, 2015
Sold by
Lint Marilyn K and Lint Ernest E
Bought by
Purdy John and Purdy Leslie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
3.89%
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
Mcwilliams Joshua A $190,000 Sullivan Title Services Llc
Purdy John $72,000 Alliance Title Insurance Age
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcwilliams Joshua A $10,000
Open Mcwilliams Joshua A $186,558
Previous Owner Purdy John $52,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/12/2021 11/12/21 Sold $190,000 0.0% $175 / Sq Ft
11/05/2021 11/05/21 Price Changed $190,000 -5.0% $175 / Sq Ft
09/27/2021 09/27/21 Pending -- -- --
09/27/2021 09/27/21 For Sale $200,000 0.0% $184 / Sq Ft
09/16/2021 09/16/21 Pending -- -- --
09/12/2021 09/12/21 For Sale $200,000 0.0% $184 / Sq Ft
11/15/2017 11/15/17 Rented $1,100 +4.8% --
11/15/2017 11/15/17 For Rent $1,050 +10.5% --
08/15/2015 08/15/15 Rented $950 +5.6% --
07/16/2015 07/16/15 Under Contract -- -- --
07/01/2015 07/01/15 For Rent $900 -- --
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 $2,361 $176,200 -- --
2024 $2,470 $171,240 -- --
2023 $2,470 $176,030 $0 $0
2022 $2,312 $170,910 $0 $0
2021 $2,083 $127,350 $60,000 $67,350
2020 $1,930 $118,440 $52,000 $66,440
2019 $1,867 $114,350 $48,000 $66,350
2018 $1,762 $106,990 $45,000 $61,990
2017 $1,606 $89,640 $35,000 $54,640
2016 $1,419 $63,130 $24,000 $39,130
2015 $1,264 $53,620 $19,010 $34,610
2014 $1,142 $48,750 $15,500 $33,250
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 915539

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-37-19-76-0000J.0-0053.00