NOT LISTED FOR SALE

507 Cheyenne Ave Melbourne, FL 32935

Estimated Value: $199,000 - $225,000

2 Beds
1 Bath
882 Sq Ft
$240/Sq Ft Est. Value

Sale Details

Date Sold: April 25, 2025

Last sale price $199,000 $226 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,361 / mo

31 Days on Market

Highlights

  • No HOA
  • Front Porch
  • Shed
  • Hurricane or Storm Shutters
  • Patio
  • Tile Flooring

About This Home

As of April 2025

Ready for move-in! NEW ROOF, and concrete block construction. NO HOA. Recently re-piped, complete with new water heater. Hurricane shutters, oversized driveway and carport. Zero carpet. Solid home with mature foliage on great lot, located in central Melbourne. Close to everything, including the beach and Indian River. GREAT investment, or first time home buyer property. All reasonable offers considered.

Last Agent to Sell the Property

Kelli Petrone

Found It Homes LLC License #3329272 Listed on: 02/22/2025

Last Buyer's Agent

Heather Tellone

NextHome Sunrise Realty License #3302625

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,691

Year Built

  • Built in 1963

Lot Details

  • 6,534 Sq Ft Lot
  • West Facing Home
  • Back Yard Fenced

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Asphalt

Interior Spaces

  • 882 Sq Ft Home
  • 1-Story Property
  • Hurricane or Storm Shutters

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Washer and Electric Dryer Hookup

Parking

  • 2 Attached Carport Spaces
  • Additional Parking

Outdoor Features

  • Patio
  • Fire Pit
  • Shed
  • Front Porch
  • Awning

Schools

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

Utilities

  • Central Heating and Cooling System
  • 150 Amp Service
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Cresthaven Homes Sec 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 27-37-19-76-0000l.0-0037.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,691

Year Built

Built in 1963

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Year Built: 1963
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, In Unit, Washer Hookup
  • ResoLotFeatures: Other
  • Road Surface Type: Asphalt
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Cresthaven Homes Sec 2
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Reso Other Structures: Shed(s)
  • Financial Info Electric: 150 Amp Service
  • General Property Information Community Fee(s) YN: No
  • General Property Information CDD Fee YN: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Flooring: Laminate, Tile
  • Appliances: Disposal, Dishwasher, Electric Range, Electric Water Heater, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 1

Exterior Features

  • Exterior Features: Fire Pit, Storm Shutters
  • Roof: Shingle
  • Fencing: Back Yard, Other, Fenced
  • Acres: 0.15
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Block, Concrete
  • Direction Faces: West
  • Patio And Porch Features: Awning(s), Front Porch, Patio, Porch, Rear Porch

Garage/Parking

  • Attached Garage: No
  • Parking Features: Attached Carport, Additional Parking, Covered

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Cable Available, Electricity Connected, Sewer Connected, Water Connected
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: Central

Lot Info

  • Current Use: Residential
  • Land Lease: No
  • Lot Size Sq Ft: 6534.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 27-37-19-76-0000l.0-0037.00
  • Zoning Description: Residential

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 2691.06

MLS Schools

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2025
Closed on
Apr 25, 2025
Sold by
Bought by
Seller's Agent
Kelli Petrone
Found It Homes LLC
Buyer's Agent
Heather Tellone
NextHome Sunrise Realty
List Price
$215,000
Sold Price
$199,000
Premium/Discount to List
-$16,000
-7.44%
Views
56
Current Estimated Value
$211,679

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,679
Avg. Annual Appreciation
5.28%
Original Mortgage
$10,000
Outstanding Balance
$8,131
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$203,548

Purchase Details

Closed on
May 15, 2017
Sold by
Bought by

Purchase Details

Closed on
Jun 9, 2006
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$199,000 Bella Title & Escrow
$199,000 Bella Title & Escrow
$98,000 Title Security & Escrow Of C
$85,000 State Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $10,000
Closed $10,000
Open $186,283
Closed $186,283
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/25/2025 04/25/25 Sold $199,000 0.0% $226 / Sq Ft
03/25/2025 03/25/25 Pending -- -- --
03/12/2025 03/12/25 Price Changed $199,000 -7.4% $226 / Sq Ft
02/22/2025 02/22/25 For Sale $215,000 -- $244 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,691 $166,040 -- --
2024 $2,605 $158,330 -- --
2023 $2,605 $162,970 -- --
2022 $2,334 $153,200 $0 $0
2021 $2,056 $108,520 $60,000 $48,520
2020 $1,928 $100,820 $52,000 $48,820
2019 $1,935 $97,430 $48,000 $49,430
2018 $1,878 $92,470 $45,000 $47,470
2017 $1,502 $85,510 $35,000 $50,510
2016 $1,334 $61,420 $24,000 $37,420
2015 $1,242 $52,590 $19,010 $33,580
2014 $1,122 $47,810 $15,500 $32,310
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2025

    Kelli Petrone

    Found It Homes LLC

    (321) 693-9043

    20 Total Sales

    Kelli Petrone
    Section Image

  • H

    Buyer's Agent in 2025

    Heather Tellone

    NextHome Sunrise Realty

    (321) 255-9555

    13 Total Sales

    Heather Tellone
    Section Image
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Map

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

MLS Number: 1038073

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-37-19-76-0000L.0-0037.00

Florida Brevard County Melbourne 32935

507 Cheyenne 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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