NOT LISTED FOR SALE

55 Piney Branch Way Unit B Melbourne, FL 32904

Estimated Value: $191,370 - $224,000

2 Beds
2.5 Baths
1,288 Sq Ft
$163/Sq Ft Est. Value

Last Sold September 21, 2015

Last sale price $99,000 $77 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $1,349/month

Highlights

  • In Ground Pool
  • Balcony
  • Walk-In Closet
  • Melbourne Senior High School Rated A-
  • Hurricane or Storm Shutters
  • Breakfast Bar

About This Home

As of September 2023

Location, Location, Location. In the heart of Melbourne yet secluded by luscious oak trees. This unit is very clean and features 2 bedrooms with each of them having it's own bathroom and walk in closet and a half bath downstairs. Granite kitchen counter tops with breakfast bar. New carpet throughout and fresh paint. New GE Washer and Dryer. Both bedrooms have private balconies and a private courtyard. Close to shopping, restaurants, beaches,hospitals and much more. No pet over 30 lbs

Last Agent to Rent the Property

Misty Morrison

RE/MAX Alternative Realty Listed on: 07/07/2023

Co-Listed By

Carrie Wam

RE/MAX Alternative Realty

Last Renter's Agent

Misty Morrison

Misty Morrison Real Estate License #3074621

Misty Morrison Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,317

Year Built

  • Built in 2005

Lot Details

  • 871 Sq Ft Lot
  • East Facing Home

Parking

  • Assigned Parking

Interior Spaces

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

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

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

  • Property Available on 8/1/23
  • The owner pays for grounds care
  • Rent includes trash collection
  • Assessor Parcel Number 28-37-05-00-00047.N-0000.00

Community Details

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Additional Features

  • Florida Indian River Land Co Subdivision
  • Hurricane or Storm Shutters

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,317

Year Built

Built in 2005

Lot Details

0

Rental Info

  • Furnished: Unfurnished
  • Rent Includes: Trash Collection
  • Owner Pays: Grounds Care
  • Available Date: 2023-08-01

Listing Details

  • Property Type: Residential Lease
  • Year Built: 2005
  • Reso Property Sub Type: Townhouse
  • Co List Office Mls Id: altr0
  • Co List Office Phone: 321-777-4111
  • Subdivision Name: Florida Indian River Land Co
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Location Tax and Legal Parcel Number2: 28-37-05-00-00047.N-0000.00
  • Location Tax and Legal Elementary School: University Park
  • Location Tax and Legal Middle School2: Stone
  • Location Tax and Legal High School: Melbourne
  • General Property Information Living Area2: 1288.0
  • General Property Information Lot Size Acres: 0.02
  • General Property Information Lot Size Square Feet2: 871.2
  • 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
  • Appliances Dryer: Yes
  • Washers: Yes
  • Pool Features In Ground: Yes
  • Sewer:Public Sewer: Yes
  • Levels Two: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • Utilities Sewer Available: Yes
  • Pets Allowed No: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Walk-In Closet(s)
  • Appliances: Dishwasher, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • ResoLivingAreaSource: PublicRecords
  • General Property Information Bathrooms Half: 1
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: 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: In Ground
  • Acres: 0.02
  • Waterfront: No
  • Direction Faces: East
  • Exterior Features:Storm Shutters: Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:Courtyard: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Sewer Available, Water Available
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Senior Community: No

Association/Amenities

  • Association Amenities:Pool3: Yes

Schools

  • Middle Or Junior School: Stone

Lot Info

  • Lot Size Sq Ft: 871.2
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2863624
  • Parcel #: 28-37-05-00-00047.N-0000.00
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: University Park
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2015
Closed on
Sep 8, 2015
Sold by
Syed Murtaza A and Fazal Zohra
Bought by
Lombard Gary L and Gary L Lombard Family Trust
Seller's Agent
Misty Morrison
RE/MAX Alternative Realty
Buyer's Agent
Misty Morrison
Misty Morrison Real Estate
List Price
$114,900
Sold Price
$99,000
Premium/Discount to List
-$15,900
-13.84%
Current Estimated Value
$209,343

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,343
Avg. Annual Appreciation
8.00%

Purchase Details

Closed on
Aug 29, 2008
Sold by
Mcdavitt Edda Lorine
Bought by
Syed Murtaza A and Fazal Zohra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,200
Interest Rate
6.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 10, 2006
Sold by
Chateau In The Pines Holding Corp
Bought by
Mcdavitt Edda Lorine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
6.87%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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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
Lombard Gary L $99,000 State Title Partners Llp
Syed Murtaza A $84,000 Alliance Title Insurance Age
Mcdavitt Edda Lorine $165,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Syed Murtaza A $67,200
Previous Owner Mcdavitt Edda Lorine $132,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2024 11/18/24 Off Market $1,300 -- --
09/01/2023 09/01/23 Rented $1,700 0.0% --
08/16/2023 08/16/23 Under Contract -- -- --
08/14/2023 08/14/23 Price Changed $1,700 -5.6% $1 / Sq Ft
07/15/2023 07/15/23 Price Changed $1,800 -5.3% $1 / Sq Ft
07/07/2023 07/07/23 For Rent $1,900 +18.8% --
03/04/2022 03/04/22 Rented $1,600 0.0% --
02/27/2022 02/27/22 For Rent $1,600 0.0% --
02/22/2022 02/22/22 Under Contract -- -- --
02/17/2022 02/17/22 Price Changed $1,600 -3.0% $1 / Sq Ft
02/07/2022 02/07/22 Price Changed $1,650 -2.9% $1 / Sq Ft
01/24/2022 01/24/22 Price Changed $1,700 -5.6% $1 / Sq Ft
01/07/2022 01/07/22 For Rent $1,800 +38.5% --
01/22/2019 01/22/19 Rented $1,300 0.0% --
01/05/2019 01/05/19 For Rent $1,300 +4.0% --
10/30/2017 10/30/17 Rented $1,250 0.0% --
10/25/2017 10/25/17 Under Contract -- -- --
10/16/2017 10/16/17 For Rent $1,250 +13.6% --
12/31/2015 12/31/15 Rented $1,100 0.0% --
12/21/2015 12/21/15 Under Contract -- -- --
10/19/2015 10/19/15 Price Changed $1,100 -8.3% $1 / Sq Ft
10/07/2015 10/07/15 For Rent $1,200 0.0% --
09/21/2015 09/21/15 Sold $99,000 -13.8% $77 / Sq Ft
08/19/2015 08/19/15 Pending -- -- --
08/05/2015 08/05/15 For Sale $114,900 -- $89 / 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 $2,317 $178,120 $0 $0
2022 $1,923 $141,690 $0 $0
2021 $1,798 $108,520 $35,000 $73,520
2020 $1,769 $106,600 $35,000 $71,600
2019 $1,842 $108,160 $35,000 $73,160
2018 $1,806 $109,010 $35,000 $74,010
2017 $1,659 $94,620 $27,500 $67,120
2016 $1,554 $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

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Map

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

MLS Number: 969383

Space Coast MLS (Space Coast Association of REALTORS®)

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