NOT LISTED FOR SALE

5140 Palomino Dr Melbourne, FL 32934

Estimated Value: $634,000 - $860,945

3 Beds
2 Baths
2,156 Sq Ft
$342/Sq Ft Est. Value

Last Sold May 10, 2017

Last sale price $135,000 $63 Per Sq Ft

Est. 436% increase in value since last sale

Current estimated payment $4,555/month

3 Days on Market

Highlights

  • Private Pool
  • No HOA
  • 1-Story Property
  • 1 Acre Lot
  • 2 Car Attached Garage
  • South Facing Home

About This Home

As of May 2017

CALLING ALL INVESTORS, CONTRACTORS, BUILDERS AND FLIPPERS. If you're looking for a beautiful piece of property at the end of a cul-de-sac then here it is. The house needs a tremendous amount of work but sits in a neighborhood going 350-400K once remodeled. House currently condemned by the County and possibly a tear down. Selling As-Is, Where-is being a cash only sale. DO NOT ENTER PROPERTY UNDER ANY CIRCUMSTANCES UNLESS THE HOLD HARMLESS HAS BEEN SIGNED AND RETURNED.

Last Agent to Sell the Property

nathan doyle

ITG Realty License #3127048 Listed on: 04/28/2017

ITG Realty

Last Buyer's Agent

Sue Tillman

RE/MAX Elite License #704247

RE/MAX Elite

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,263

Year Built

  • Built in 1975

Lot Details

  • 1 Acre Lot
  • South Facing Home

Parking

  • 2 Car Attached Garage

Home Design

  • Fixer Upper
  • Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2,156 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Sabal Elementary School
  • Johnson Middle School
  • Eau Gallie High School

Additional Features

  • Private Pool
  • Septic Tank

Community Details

  • No Home Owners Association
  • Lakewood Estates Sec 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 27-36-10-51-00002.0-0012.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,263

Year Built

Built in 1975

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1975
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Other
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Lakewood Estates Sec 1
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Reso Property Condition: Fixer
  • Location Tax and Legal Parcel Number2: 27-36-10-51-00002.0-0012.00
  • Location Tax and Legal Elementary School: Sabal
  • Location Tax and Legal Middle School2: Johnson
  • Location Tax and Legal High School: Eau Gallie
  • Location Tax and Legal Tax Annual Amount: 2263.21
  • Location Tax and Legal Tax Year2: 2016
  • General Property Information Living Area2: 2156.0
  • General Property Information Building Area Total3: 2556.0
  • General Property Information Lot Size Acres: 1.0
  • General Property Information Lot Size Square Feet2: 43560.0
  • 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: South
  • Levels One: Yes
  • Pool Features Private: Yes
  • Roof:Shingle: Yes
  • Utilities Electricity Connected: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • Property Condition Fixer: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Other
  • Flooring: Other
  • Appliances: None
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning, Other
  • ResoLivingAreaSource: PublicRecords
  • Fireplace Features:Wood Burning: Yes
  • Appliances:None: Yes

Exterior Features

  • Pool Features: Private, Other
  • Roof: Shingle
  • Acres: 1.0
  • Waterfront: No
  • Construction Type: Frame, Wood Siding
  • Direction Faces: South
  • Construction Materials:Frame: Yes
  • Construction Materials:Wood Siding: Yes
  • Lot Features:Other21: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Attached: Yes

Utilities

  • Utilities: Electricity Connected, Water Available
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: Johnson

Lot Info

  • Lot Size Sq Ft: 43560.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 27-36-10-51-00002.0-0012.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 2263.21

MLS Schools

  • Elementary School: Sabal
  • High School: Eau Gallie

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 11, 2024
Sold by
Small Michelle
Bought by
Small Richard
Current Estimated Value
$723,744

Purchase Details

Closed on
Mar 27, 2024
Sold by
Small Michelle
Bought by
Small Richard

Purchase Details

Listed on
Apr 28, 2017
Closed on
May 10, 2017
Sold by
American Investment Strategies Llc
Bought by
Small Michelle
Seller's Agent
nathan doyle
ITG Realty
Buyer's Agent
Sue Tillman
RE/MAX Elite
List Price
$149,900
Sold Price
$135,000
Premium/Discount to List
-$14,900
-9.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.57%

Purchase Details

Listed on
Apr 28, 2017
Closed on
Apr 27, 2017
Sold by
Sieferd Ginny A and Sieferd Robert N
Bought by
American Investment Strategies Llc
Seller's Agent
nathan doyle
ITG Realty
Buyer's Agent
Sue Tillman
RE/MAX Elite
List Price
$149,900
Sold Price
$135,000
Premium/Discount to List
-$14,900
-9.94%

Purchase Details

Closed on
Jan 15, 2003
Sold by
Harris Barbara Hope and Harris Barbara H
Bought by
Harris Barbara Hope and Stone Dawn Faye

Purchase Details

Closed on
May 30, 1997
Sold by
Reader Patricia A
Bought by
Sieferd Robert N and Sieferd Ginny A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,100
Interest Rate
8.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 22, 1993
Sold by
Thompson William Walter and Thompson Billie Jean
Bought by
Reader Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,600
Interest Rate
6.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 24, 1993
Sold by
Picht Ruth
Bought by
Harris Barbara H and Stone Dawn F
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
Small Richard $100 None Listed On Document
Small Richard $100 None Listed On Document
Small Richard $100 None Listed On Document
Small Michelle $135,000 Supreme Title Closings Llc
American Investment Strategies Llc $65,000 Supreme Title Closings Llc
Harris Barbara Hope -- --
Sieferd Robert N $139,000 --
Reader Patricia A $130,000 --
Harris Barbara H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sieferd Robert N $125,100
Previous Owner Reader Patricia A $132,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2017 05/10/17 Sold $135,000 -9.9% $63 / Sq Ft
05/01/2017 05/01/17 Pending -- -- --
04/27/2017 04/27/17 For Sale $149,900 -- $70 / 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 $9,250 $709,270 -- --
2024 $8,689 $715,980 -- --
2023 $8,689 $661,910 $115,000 $546,910
2022 $8,089 $682,210 $0 $0
2021 $6,670 $459,290 $85,000 $374,290
2020 $5,919 $398,320 $80,000 $318,320
2019 $1,384 $84,710 $80,000 $4,710
2018 $1,339 $79,270 $75,000 $4,270
2017 $2,232 $158,360 $0 $0
2016 $2,263 $155,110 $72,000 $83,110
2015 $2,319 $154,040 $65,000 $89,040
2014 $2,333 $152,820 $55,000 $97,820
Source: Public Records

Agents Affiliated with this Home

  • nathan doyle

    Seller's Agent in 2017

    nathan doyle

    ITG Realty

    (321) 695-4175

    17 in this area

    55 Total Sales

    nathan doyle
    Section Image
  • Sue Tillman

    Buyer's Agent in 2017

    Sue Tillman

    RE/MAX

    (321) 544-5142

    17 in this area

    76 Total Sales

    Sue Tillman
    Section Image
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Map

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

MLS Number: 781927

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-36-10-51-00002.0-0012.00

Florida Brevard County Melbourne 32934

5140 Palomino Dr, Melbourne, FL

Not Listed for Sale

Detached

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