NOT LISTED FOR SALE

5061 Walker Ave Melbourne, FL 32904

Estimated Value: $227,000 - $274,502

4 Beds
3 Baths
1,478 Sq Ft
$169/Sq Ft Est. Value

Last Sold November 14, 2022

Last sale price $205,000 $139 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,551/month

62 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • Central Heating and Cooling System
  • Melbourne Senior High School Rated A-
  • 1-Story Property
  • Wood Fence

About This Home

As of November 2022

PRICE IMPROVEMENT!!! West Melbourne home located just a couple minutes from the Melbourne Square Mall! This 3/2 home has and IN LAW SUITE with it's own entrance through the shared utility room. In-law suite features family room, 1 bedroom, 1 bathroom, kitchenette area, and a separate dining/storage area. Both main home and in-law suite have access to the large backyard. Roof is NEW!! This home needs some TLC and has TONS of potential to be either a private residence for a large family, a rental property, or BOTH due to the separate private entrance for the in law suite.

Last Agent to Sell the Property

Erika Brown

RE/MAX Elite License #3246641 Listed on: 10/03/2022

RE/MAX Elite

Co-Listed By

Lydia Lopez

RE/MAX Elite License #3289391

Last Buyer's Agent

Jack Taylor

RE/MAX Alternative Realty License #3073233

RE/MAX Alternative Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,381

Year Built

  • Built in 1960

Lot Details

  • 7,405 Sq Ft Lot
  • Southeast Facing Home
  • Wood Fence

Parking

  • Additional Parking

Home Design

  • Fixer Upper
  • Shingle Roof
  • Asphalt
  • Stucco

Interior Spaces

  • 1,478 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Schools

  • Meadowlane Elementary School
  • Central Middle School
  • Melbourne High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Cannova Park Sec A Association
  • Cannova Park Sec A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 28-37-06-75-0000j.0-0021.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,381

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1960
  • Reso Property Sub Type: Single Family Residence
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: reli0
  • Co List Office Phone: 321-752-5858
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Cannova Park Sec A
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Reso Property Condition: Fixer
  • Location Tax and Legal Parcel Number2: 28-37-06-75-0000j.0-0021.00
  • Location Tax and Legal Elementary School: Meadowlane
  • Location Tax and Legal Middle School2: Central
  • Location Tax and Legal High School: Melbourne
  • Location Tax and Legal Tax Annual Amount: 1381.43
  • Location Tax and Legal Tax Year2: 2021
  • General Property Information Living Area2: 1478.0
  • General Property Information Building Area Total3: 1478.0
  • General Property Information Lot Size Acres: 0.17
  • General Property Information Lot Size Square Feet2: 7405.0
  • 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: Southeast
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Fencing Fenced2: Yes
  • Fencing Wood2: Yes
  • Flooring Tile: 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: No
  • Property Condition Fixer: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring: Tile
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Refrigerator
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • ResoLivingAreaSource: Other
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Fencing: Fenced, Wood
  • Acres: 0.17
  • Waterfront: No
  • Construction Type: Fiber Cement, Stucco
  • Direction Faces: Southeast
  • Construction Materials:Stucco: Yes
  • Construction Materials:Fiber Cement: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association Name: CANNOVA PARK SEC A
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No
  • General Property Information:Association Name: CANNOVA PARK SEC A

Schools

  • Middle Or Junior School: Central

Lot Info

  • Lot Size Sq Ft: 7405.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2821414
  • Parcel #: 28-37-06-75-0000j.0-0021.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 1381.43

MLS Schools

  • Elementary School: Meadowlane
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 9, 2023
Sold by
Sai Property Investments Inc
Bought by
Sai Re Holdings 5 Llc
Current Estimated Value
$249,626

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,700,000
Outstanding Balance
$4,578,398
Interest Rate
6.57%
Mortgage Type
New Conventional
Estimated Equity
-$4,328,772

Purchase Details

Listed on
Oct 3, 2022
Closed on
Nov 14, 2022
Sold by
Veach Foster E
Bought by
Sai Property Investments Inc
Seller's Agent
Erika Brown
RE/MAX Elite
Buyer's Agent
Jack Taylor
RE/MAX Alternative Realty
List Price
$239,900
Sold Price
$205,000
Premium/Discount to List
-$34,900
-14.55%
Views
37

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.88%
Original Mortgage
$210,000
Interest Rate
6.94%
Mortgage Type
Construction

Purchase Details

Listed on
May 15, 2018
Closed on
Aug 21, 2018
Sold by
Cadena Luis and Cadena Ronald E
Bought by
Veach Foster E
Seller's Agent
Joan Bradley
One Sotheby's International
Buyer's Agent
Jacquelyn Canniff
CENTURY 21 Baytree Realty
List Price
$144,900
Sold Price
$138,000
Premium/Discount to List
-$6,900
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.78%
Original Mortgage
$133,860
Interest Rate
4.5%

Purchase Details

Listed on
Aug 20, 2014
Closed on
Sep 30, 2014
Sold by
Owb Reo Llc
Bought by
Cadena Luis and Cadena Ronald E
Seller's Agent
Barbara Zorn
Better Homes & Gardens RE Star
Buyer's Agent
Charles Jackson
Better Homes & Gardens RE Star
List Price
$46,200
Sold Price
$35,000
Premium/Discount to List
-$11,200
-24.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
43.08%

Purchase Details

Closed on
Aug 5, 2013
Sold by
Garcia Juan J and Onewest Bank Fsb
Bought by
Owb Reo Llc

Purchase Details

Closed on
Jul 27, 2011
Sold by
Buck Isabel C
Bought by
Garcia Juan J

Purchase Details

Closed on
Jan 4, 2007
Sold by
Garcia Juan J
Bought by
Buck Isabel C and Garcia Juan J

Purchase Details

Closed on
Jan 17, 2006
Sold by
S A Investment Properties Inc
Bought by
Garcia Juan J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.22%

Purchase Details

Closed on
Jan 28, 2005
Sold by
Yancey Dennis and Yancey Allyce
Bought by
S A Investment Properties Inc
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
Sai Re Holdings 5 Llc $768,000 Title Team
Sai Property Investments Inc $205,000 Prestige Title
Veach Foster E $138,000 State Title
Cadena Luis $35,000 Attorney
Owb Reo Llc -- None Available
Garcia Juan J $60,000 None Available
Buck Isabel C $59,500 None Available
Garcia Juan J $150,000 Peninsula Title Services Llc
S A Investment Properties Inc $68,000 Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sai Re Holdings 5 Llc $4,700,000
Previous Owner Sai Property Investments Inc $210,000
Previous Owner Veach Foster E $133,860
Previous Owner Garcia Juan J $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/14/2022 11/14/22 Sold $205,000 -10.8% $139 / Sq Ft
10/28/2022 10/28/22 Pending -- -- --
10/07/2022 10/07/22 Price Changed $229,900 -4.2% $156 / Sq Ft
10/03/2022 10/03/22 For Sale $239,900 0.0% $162 / Sq Ft
09/24/2022 09/24/22 Pending -- -- --
09/23/2022 09/23/22 Price Changed $239,900 -4.0% $162 / Sq Ft
09/16/2022 09/16/22 For Sale $249,900 0.0% $169 / Sq Ft
08/31/2022 08/31/22 Pending -- -- --
08/26/2022 08/26/22 For Sale $249,900 +81.1% $169 / Sq Ft
08/21/2018 08/21/18 Sold $138,000 -4.8% $93 / Sq Ft View Prior Sale
06/25/2018 06/25/18 Pending -- -- --
05/15/2018 05/15/18 For Sale $144,900 0.0% $98 / Sq Ft
01/20/2016 01/20/16 Rented $900 0.0% --
01/15/2016 01/15/16 Under Contract -- -- --
01/05/2016 01/05/16 For Rent $900 -5.3% --
12/31/2015 12/31/15 Rented $950 +5.6% --
12/15/2015 12/15/15 For Rent $900 0.0% --
09/24/2015 09/24/15 Rented $900 -2.7% --
08/12/2015 08/12/15 For Rent $925 0.0% --
10/24/2014 10/24/14 Sold $35,000 -24.2% $38 / Sq Ft View Prior Sale
09/24/2014 09/24/14 Pending -- -- --
08/19/2014 08/19/14 For Sale $46,200 -- $51 / 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 $2,909 $190,700 -- --
2024 $2,828 $206,200 -- --
2023 $2,828 $195,770 $80,000 $115,770
2022 $1,333 $124,000 $0 $0
2021 $1,381 $120,390 $0 $0
2020 $1,356 $118,730 $50,000 $68,730
2019 $1,909 $113,810 $45,000 $68,810
2018 $1,458 $91,870 $35,000 $56,870
2017 $1,365 $84,850 $30,000 $54,850
2016 $1,221 $65,100 $20,000 $45,100
2015 $1,139 $55,620 $15,000 $40,620
2014 $1,170 $56,830 $20,000 $36,830
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 944116

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-37-06-75-0000J.0-0021.00