NOT LISTED FOR SALE

53 Piney Branch Way Unit B Melbourne, FL 32904

Estimated Value: $212,000 - $224,087

2 Beds
2.5 Baths
1,288 Sq Ft
$172/Sq Ft Est. Value

Last Sold December 20, 2022

Last sale price $235,000 $182 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $1,561/month

12 Days on Market

Highlights

  • In Ground Pool
  • View of Trees or Woods
  • Hurricane or Storm Shutters
  • Melbourne Senior High School Rated A-
  • Balcony
  • Walk-In Closet

About This Home

As of December 2022

Convenient Location- Tucked away in the heart of West Melbourne. Walking distance to shopping and restaurants and only 10 minutes to the BEACH. 2BR/2.5BA townhome w/ 1288 LSF, built in 2005, with a community pool. The updated kitchen features new SS appliances, granite countertops, and recessed lighting. Tile throughout the 1st-floor living space, brand new carpet upstairs, and fresh interior paint. Both bedrooms upstairs have private bathrooms & walk-in closets. Enjoy the view of the beautiful mature oak trees from both bedroom balconies, plus the outdoor courtyard is perfect for outdoor dining & entertaining. The homeowner is responsible for exterior maintenance and roof replacement. Lawn care, trash, pool, common area maintenance, and partial insurance are included in the monthly HOA.

Last Agent to Sell the Property

Misty Morrison

RE/MAX Alternative Realty Listed on: 10/14/2022

Last Buyer's Agent

Non-Member Non-Member Out Of Area

Non-MLS or Out of Area License #nonmls

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,798

Year Built

  • Built in 2005

Lot Details

  • 871 Sq Ft Lot
  • East Facing Home
  • Wood Fence

HOA Fees

  • $165 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Shingle Roof
  • Wood Roof
  • Membrane Roofing
  • Wood Siding
  • Concrete Siding
  • Block Exterior
  • Asphalt
  • Stucco

Interior Spaces

  • 1,288 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Views of Woods

Kitchen

  • Breakfast Bar
  • Electric Range
  • <<microwave>>
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Bathtub and Shower Combination in Primary Bathroom

Home Security

Outdoor Features

  • In Ground Pool
  • Balcony
  • Courtyard

Schools

  • University Park Elementary School
  • Stone Middle School
  • Melbourne High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 28-37-05-00-00047.R-0000.00

Community Details

Overview

  • Association fees include insurance, trash
  • Https//Chateauinthepines.Com/ Association
  • Florida Indian River Land Co Subdivision
  • Maintained Community

Recreation

  • Community Pool

Pet Policy

  • Pet Size Limit

Security

  • Hurricane or Storm Shutters

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,798

Year Built

Built in 2005

Lot Details

0

HOA Fees

$165 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2005
  • Reso Property Sub Type: Townhouse
  • Road Surface Type: Asphalt
  • Reso View: Trees/Woods
  • Reso Association Amenities: Maintenance Grounds, Management - Full Time
  • Reso Association Fee Includes: Insurance, Trash
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Florida Indian River Land Co
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 28-37-05-00-00047.R-0000.00
  • Location Tax and Legal Elementary School: University Park
  • Location Tax and Legal Middle School2: Stone
  • Location Tax and Legal High School: Melbourne
  • Location Tax and Legal Tax Annual Amount: 1798.05
  • Location Tax and Legal Tax Year2: 2021
  • General Property Information Living Area2: 1288.0
  • General Property Information Building Area Total3: 1288.0
  • General Property Information Lot Size Acres: 0.02
  • General Property Information Lot Size Square Feet2: 871.0
  • 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: East
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Fencing Fenced2: Yes
  • Fencing Wood2: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Pool Features In Ground: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Road Surface Type Asphalt: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Flooring Carpet: Yes
  • Levels Two: Yes
  • Water Source Public: Yes
  • Pets Allowed Size Limit: Yes
  • General Property Information Carport YN2: No
  • View TreesWoods: Yes
  • Roof Wood3: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Primary Bathroom - Tub with Shower, Walk-In Closet(s)
  • Flooring: Carpet, Tile
  • Appliances: Dishwasher, Disposal, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • ResoLivingAreaSource: Other
  • General Property Information Bathrooms Half: 1
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Pool Features:Community: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Walk-In Closet(s): Yes

Exterior Features

  • Exterior Features: Balcony, Courtyard, Storm Shutters
  • Pool Features: Community, In Ground
  • Roof: Membrane, Shingle, Wood
  • Fencing: Fenced, Wood
  • Acres: 0.02
  • Waterfront: No
  • Construction Type: Block, Concrete, Frame, Stucco, Wood Siding
  • Direction Faces: East
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Exterior Features:Storm Shutters: Yes
  • Construction Materials:Frame: Yes
  • Construction Materials:Wood Siding: Yes
  • Exterior Features:Balcony: Yes
  • ConstructionSiding:Roof Membrane: Yes
  • Exterior Features:Courtyard: Yes
  • Construction Materials:Brick2: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air, Electric
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 165.0
  • Association Fee Frequency: Monthly
  • Association Name: https//chateauinthepines.com/
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: https//chateauinthepines.com/
  • General Property Information:Association Fee: 165.0
  • General Property Information:Association Fee Frequency: Monthly
  • Association Fee Includes:Insurance: Yes
  • Association Fee Includes:Trash: Yes

Schools

  • Middle Or Junior School: Stone

Lot Info

  • Lot Size Sq Ft: 871.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2863628
  • Parcel #: 28-37-05-00-00047.R-0000.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 1798.05

MLS Schools

  • Elementary School: University Park
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2022
Closed on
Dec 20, 2022
Sold by
Syed Murtaza
Bought by
Milliner Tyler and Milliner Tayler
Seller's Agent
Misty Morrison
RE/MAX Alternative Realty
Buyer's Agent
Non-Member Non-Member Out Of Area
Non-MLS or Out of Area
List Price
$229,900
Sold Price
$235,000
Premium/Discount to List
$5,100
2.22%
Views
16
Current Estimated Value
$221,022

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,978
Avg. Annual Appreciation
-2.02%
Original Mortgage
$230,743
Outstanding Balance
$224,873
Interest Rate
7.08%
Mortgage Type
FHA
Estimated Equity
-$1,870

Purchase Details

Closed on
Sep 2, 2005
Sold by
Chateau In The Pines Holding Corp
Bought by
Syed Murtaza

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
4.12%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Milliner Tyler $235,000 State Title Partners
Syed Murtaza $182,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Milliner Tyler $230,743
Previous Owner Syed Murtaza $146,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2022 12/20/22 Sold $235,000 +2.2% $182 / Sq Ft
10/26/2022 10/26/22 Pending -- -- --
10/14/2022 10/14/22 For Sale $229,900 -- $178 / 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
2023 $2,109 $176,010 $70,000 $106,010
2022 $1,923 $141,690 $0 $0
2021 $1,798 $108,520 $35,000 $73,520
2020 $1,723 $106,600 $35,000 $71,600
2019 $1,700 $108,160 $35,000 $73,160
2018 $1,668 $109,010 $35,000 $74,010
2017 $1,531 $94,620 $27,500 $67,120
2016 $1,433 $81,860 $12,500 $69,360
2015 $1,362 $62,840 $12,500 $50,340
2014 $1,224 $57,130 $7,500 $49,630
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

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

MLS Number: 948227

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-37-05-00-00047.R-0000.00