NOT LISTED FOR SALE

512 Cherokee Ave Melbourne, FL 32935

Estimated Value: $221,378 - $247,000

3 Beds
1.5 Baths
1,024 Sq Ft
$226/Sq Ft Est. Value

Last Sold February 12, 2015

Last sale price $84,000 $82 Per Sq Ft

Est. 176% increase in value since last sale

Current estimated payment $1,277/month

27 Days on Market

Highlights

  • Great Room
  • Eat-In Kitchen
  • Laundry Room
  • No HOA
  • Patio
  • Tile Flooring

About This Home

As of February 2015

Beautifully renovated NSP house. 3 bedrooms 1 and 1/2 baths, with carport and covered back patio. Completed fenced. All new roof, a/c, windows, kitchen and baths. Tile throughout the house for easy maintenance. No investors or cash buyers. Buyers must qualify for City of Melbourne NSP.

Last Agent to Sell the Property

Judy Clifton Steighner

Coldwell Banker Res. R.E. Listed on: 11/18/2014

Last Buyer's Agent

Timothy Ball

Post Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,101

Year Built

  • Built in 1962

Lot Details

  • 7,841 Sq Ft Lot
  • North Facing Home
  • Chain Link Fence

Parking

  • 1 Carport Space

Home Design

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

Interior Spaces

  • 1,024 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Great Room
  • Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Patio

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Cresthaven Homes Sec 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 27-37-19-76-0000j.0-0052.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,101

Year Built

Built in 1962

Lot Details

0

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: Standard
  • Subdivision Name: Cresthaven Homes Sec 2
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 27-37-19-76-0000j.0-0052.00
  • 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: 1100.89
  • Location Tax and Legal Tax Year2: 2013
  • General Property Information Living Area2: 1024.0
  • General Property Information Building Area Total3: 1137.0
  • General Property Information Lot Size Acres: 0.18
  • General Property Information Lot Size Square Feet2: 7841.0
  • 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 Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Fencing Fenced2: Yes
  • Flooring Tile: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Levels One: Yes
  • Road Surface Type Asphalt: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Fencing Chain Link: Yes
  • General Property Information Carport YN2: Yes
  • Utilities Water Available: Yes
  • Room Types Great Room: Yes
  • Room Types Laundry: Yes
  • General Property Information Lot Size Dimensions: 77.0 ft x 100.0 ft
  • General Property Information:Pool Private YN: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen, Other
  • Flooring: Tile
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • General Property Information Bathrooms Half: 1
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Ceiling Fan(s): Yes

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Fencing: Chain Link, Fenced
  • Acres: 0.18
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: North
  • Patio And Porch Features: Patio
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio And Porch Features:Patio: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Cable Available, Electricity Connected, Water Available
  • Heating: Central, Electric, Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Central: Yes
  • Heating:Electric3: Yes
  • Heating:Heat Pump: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: Central

Lot Info

  • Lot Dimensions: 77.0 ft x 100.0 ft
  • Lot Size Sq Ft: 7841.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 27-37-19-76-0000j.0-0052.00

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 1100.89

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2014
Closed on
Feb 12, 2015
Sold by
Community Housing Initiative Inc
Bought by
Holstein Daniel Ray
Seller's Agent
Judy Clifton Steighner
Coldwell Banker Res. R.E.
Buyer's Agent
Timothy Ball
Post Real Estate Group
List Price
$84,000
Sold Price
$84,000
Current Estimated Value
$231,845

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,845
Avg. Annual Appreciation
9.81%
Original Mortgage
$86,772
Outstanding Balance
$66,900
Interest Rate
3.94%
Estimated Equity
$164,945

Purchase Details

Listed on
Dec 5, 2013
Closed on
Apr 17, 2014
Sold by
Fannie Mae
Bought by
Community Housing Initiative Inc
Seller's Agent
Marcie Bolt
Tropic Coast Realty
Buyer's Agent
Judy Clifton Steighner
Coldwell Banker Res. R.E.
List Price
$74,900
Sold Price
$64,000
Premium/Discount to List
-$10,900
-14.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.32%

Purchase Details

Closed on
Oct 10, 2013
Sold by
Hicks Robert D
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 22, 2005
Sold by
Hicks James E and Hicks Pauline C
Bought by
Hicks Robert D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
5.59%

Purchase Details

Closed on
Jul 14, 1995
Sold by
Lippisch Hangwind F and Lippisch Elizabeth F
Bought by
Hicks James E and Hicks Pauline C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Holstein Daniel Ray $84,000 Federal Title Ins Agency Inc
Community Housing Initiative Inc $64,000 Multiple
Federal National Mortgage Association $99,300 Attorney
Hicks Robert D $140,000 Aaa Title
Hicks James E $42,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holstein Daniel Ray $86,772
Previous Owner Hicks Robert D $112,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/12/2015 02/12/15 Sold $84,000 0.0% $82 / Sq Ft
12/15/2014 12/15/14 Pending -- -- --
11/18/2014 11/18/14 For Sale $84,000 +31.3% $82 / Sq Ft
04/17/2014 04/17/14 Sold $64,000 -14.6% $63 / Sq Ft View Prior Sale
03/07/2014 03/07/14 Pending -- -- --
12/04/2013 12/04/13 For Sale $74,900 -- $73 / 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 $744 $79,660 -- --
2024 $709 $77,420 -- --
2023 $709 $75,170 $0 $0
2022 $660 $72,990 $0 $0
2021 $673 $70,870 $0 $0
2020 $672 $69,900 $0 $0
2019 $683 $68,330 $0 $0
2018 $689 $67,060 $0 $0
2017 $698 $65,690 $0 $0
2016 $722 $64,340 $24,000 $40,340
2015 $1,346 $58,000 $22,520 $35,480
2014 $1,173 $50,230 $18,370 $31,860
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 711489

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-37-19-76-0000J.0-0052.00