NOT LISTED FOR SALE

5140 Palomino Dr Melbourne, FL 32934

Estimated Value: $677,000 - $861,775

3 Beds
2 Baths
2,156 Sq Ft
$352/Sq Ft Est. Value

Sale Details

Date Sold: May 10, 2017

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

Est. 461% increase in value since last sale

Current estimated payment $4,841 / mo

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

1 Acres

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
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

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

Exterior Features

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

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached

Utilities

  • Utilities: Electricity Connected, Water Available

Condo/Co-op/Association

  • Senior Community: No
  • Association: 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

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

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

Closed on
Nov 11, 2024
Sold by
Bought by
Current Estimated Value
$757,944

Purchase Details

Closed on
Nov 7, 2024
Sold by
Bought by

Purchase Details

Closed on
Mar 27, 2024
Sold by
Bought by

Purchase Details

Listed on
Apr 28, 2017
Closed on
May 10, 2017
Sold by
Bought by
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
20.83%

Purchase Details

Listed on
Apr 28, 2017
Closed on
Apr 27, 2017
Sold by
Bought by
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
Bought by

Purchase Details

Closed on
May 30, 1997
Sold by
Bought by

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
Bought by

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
Bought by
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

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
$100 None Listed On Document
$100 None Listed On Document
$100 None Listed On Document
$100 None Listed On Document
$135,000 Supreme Title Closings Llc
$65,000 Supreme Title Closings Llc
-- --
$139,000 --
$130,000 --
-- --
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
Previous Owner $125,100
Previous Owner $132,600
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
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

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 $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

    57 Total Sales

    nathan doyle
    Section Image
  • Sue Tillman

    Buyer's Agent in 2017

    Sue Tillman

    RE/MAX

    (321) 544-5142

    66 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

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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