Jason Engle
Real Broker, LLC
(321) 684-7084
25 Total Sales
1 in Melbourne
$265,000 Price
520 Palmetto Ave Melbourne, FL 32901
Melbourne AreaEstimated Value: $241,852
3
Beds
1
Bath
971
Sq Ft
$249/Sq Ft
Est. Value
Highlights
- The property is located in a historic district
- 1 Fireplace
- Attached Garage
- Wood Flooring
- No HOA
- High Impact Windows
About This Home
As of June 2024Unbeatable location in the heart of downtown Melbourne within walking distance to shops, restaurants, Hotel Melby , Fee Avenue park & all of the entertainment downtown has to offer. This charming cottage offers an oversized carport, metal roof, impact windows (2016), farmhouse kitchen sink, new refrigerator (2024) hardwood floors, crown molding & American Standard Whirlpool jet tub, coastal interior paint. Upgrades included electrical system (2005) & no copper pipes - all PVC & PEX. This home features an attached sun room with plenty of natural light perfect for plants or a painting studio, French doors & high ceilings. You'll love the lush landscaping, window flower boxes & large, fully-fenced outdoor space boasting a custom fire pit, large oak tree providing an abundance of shade & mango trees. This property is brimming with potential & comes with the downtown charm & all the freedom of No HOA.
Last Agent to Sell the Property
J. Edwards Real Estate License #3127056 Listed on: 04/09/2024
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Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,514
Year Built
- Built in 1942
Lot Details
- 6,534 Sq Ft Lot
- South Facing Home
- Wood Fence
- Chain Link Fence
- Many Trees
Home Design
- Metal Roof
- Concrete Siding
- Block Exterior
- Asphalt
- Stucco
Interior Spaces
- 971 Sq Ft Home
- 1-Story Property
- 1 Fireplace
- High Impact Windows
- Electric Dryer Hookup
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Parking
- Attached Garage
- 2 Attached Carport Spaces
Outdoor Features
- Fire Pit
- Shed
Location
- The property is located in a historic district
Schools
- Harbor City Elementary School
- Hoover Middle School
- Melbourne High School
Utilities
- Central Heating and Cooling System
- Cable TV Available
Community Details
- No Home Owners Association
- La Bertha Lawn Subdivision
Listing and Financial Details
- Assessor Parcel Number 28-37-03-01-00043.0-0016.00
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
Apr 9, 2024
Closed on
Jun 7, 2024
Sold by
Bought by
Seller's Agent
Jonathan Krauser
J. Edwards Real Estate
Buyer's Agent
REBECCA MACIEL
J. Edwards Real Estate
List Price
$330,000
Sold Price
$265,000
Premium/Discount to List
-$65,000
-19.7%
Views
94
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$23,148
Avg. Annual Appreciation
-4.05%
Purchase Details
Closed on
Jun 3, 2019
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
$146,000
Interest Rate
4.2%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 1, 2006
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
$126,000
Interest Rate
6.36%
Purchase Details
Closed on
Jul 12, 2004
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
$114,000
Interest Rate
3.98%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 6, 2001
Sold by
Bought by
Purchase Details
Closed on
Nov 15, 2001
Sold by
Bought by
Purchase Details
Closed on
Jan 7, 1994
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Melbourne, FL
-
Jason Engle
-
Colin Weaver
Colin Weaver
Pastermack Real Estate
(321) 635-0945
3 Total Sales
2 in Melbourne
$278K - $450K Price Range
-
Toby Anastasio
Toby Anastasio
Winding Creek Properties, LLC
(386) 406-9573
13 Total Sales
1 in Melbourne
$780,000 Price
-
Christina Riordan
Christina Riordan
Blue Marlin Real Estate
(321) 635-0282
91 Total Sales
18 in Melbourne
$160K - $795K Price Range
-
Jordan Reed
Jordan Reed
EXP Realty, LLC
(321) 336-5238
101 Total Sales
12 in Melbourne
$180K - $605K Price Range
-
Lauren Merrell P.A.
Lauren Merrell P.A.
Dale Sorensen Real Estate Inc.
(321) 450-3672
136 Total Sales
13 in Melbourne
$220K - $2.9M Price Range
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 |
|---|---|---|---|
| $265,000 | Bella Title & Escrow | ||
| $158,000 | Title Security & Escrow Ofce | ||
| $157,500 | Security First Title Partner | ||
| $126,500 | Security First Title Partner | ||
| $93,500 | -- | ||
| -- | -- | ||
| $50,000 | -- |
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 | $146,000 | ||
| Previous Owner | $126,000 | ||
| Previous Owner | $114,000 |
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 |
|---|---|---|---|---|
| 06/07/2024 06/07/24 | Sold | $265,000 | -5.3% | $273 / Sq Ft |
| 06/06/2024 06/06/24 | Pending | -- | -- | -- |
| 05/01/2024 05/01/24 | Price Changed | $279,900 | -8.2% | $288 / Sq Ft |
| 04/24/2024 04/24/24 | Price Changed | $305,000 | +1.7% | $314 / Sq Ft |
| 04/24/2024 04/24/24 | Price Changed | $300,000 | -9.1% | $309 / Sq Ft |
| 04/09/2024 04/09/24 | For Sale | $330,000 | -- | $340 / 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 |
|---|---|---|---|---|
| 2026 | $3,715 | $195,180 | ||
| 2025 | $2,579 | $203,540 | ||
| 2024 | $2,514 | $183,890 | ||
| 2023 | $2,514 | $178,540 | $0 | $0 |
| 2022 | $2,353 | $173,340 | $0 | $0 |
| 2021 | $2,202 | $116,620 | $49,000 | $67,620 |
| 2020 | $2,177 | $114,590 | $49,000 | $65,590 |
| 2019 | $485 | $45,380 | $0 | $0 |
| 2018 | $477 | $44,540 | $0 | $0 |
| 2017 | $469 | $43,630 | $0 | $0 |
| 2016 | $471 | $42,740 | $34,300 | $8,440 |
| 2015 | $476 | $42,450 | $22,660 | $19,790 |
| 2014 | $466 | $42,120 | $18,380 | $23,740 |
Source: Public Records
Agents Affiliated with this Home
-
Jonathan Krauser
Seller's Agent in 2024
Jonathan Krauser
J. Edwards Real Estate
(321) 626-0015
146 Total Sales
-
REBECCA MACIEL
R
Buyer's Agent in 2024
REBECCA MACIEL
J. Edwards Real Estate
(321) 745-9804
62 Total Sales
Map
Source: Space Coast MLS (Space Coast Association of REALTORS®)
MLS Number: 1009993
APN: 28-37-03-01-00043.0-0016.00
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.
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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