$99,000
SOLD SEP 21, 2015

55 Piney Branch Way Unit B Melbourne, FL 32904

2 Beds
2.5 Baths
1,288 Sq Ft
$145/mo HOA Fee

Recently Sold

$77 Per Sq Ft

14% Below List Price

13 Days on Market

Highlights

  • Community Pool
  • Balcony
  • Separate Shower in Primary Bathroom
  • Melbourne Senior High School Rated A-
  • Hurricane or Storm Shutters
  • Walk-In Closet

About This Home

As of September 2015

Location, Location, Location! In the heart of Melbourne, yet secluded by luscious Oak Trees. 2 bedrooms, each has it's own bathroom (upgraded lighting and tile in one and upgraded tile w/glass doors and tub/shower in the 2nd) and walk in closet. Half bath downstairs w/laundry hook-ups. Granite kitchen counter tops with breakfast bar. New carpet throughout and fresh paint. Bedroom balconies and a cute courtyard. This is the newest phase and was built in 2005.
HOA Includes Exterior insurance

Last Agent to Sell the Property

Misty Morrison

RE/MAX Alternative Realty Listed on: 08/05/2015

Last Buyer's Agent

Misty Morrison

Misty Morrison Real Estate License #3074621

Misty Morrison Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,224

Year Built

  • Built in 2005

Lot Details

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

HOA Fees

  • $145 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Wood Siding
  • Concrete Siding
  • Block Exterior
  • Asphalt
  • Stucco

Interior Spaces

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

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Separate Shower in Primary Bathroom

Home Security

Outdoor Features

  • Balcony
  • Courtyard

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

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

Community Details

Overview

  • Florida Indian River Land Co Subdivision
  • Maintained Community

Recreation

  • Community Pool

Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,224

Year Built

Built in 2005

Lot Details

0

HOA Fees

$145 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2005
  • Reso Property Sub Type: Townhouse
  • Road Surface Type: Asphalt
  • ResoSecurityFeatures: Smoke Detector(s)
  • Reso Association Amenities: Maintenance Grounds, Management - Full Time
  • 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.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
  • Location Tax and Legal Tax Annual Amount: 1223.6
  • Location Tax and Legal Tax Year2: 2014
  • 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
  • Association Amenities Maintenance Grounds2: Yes
  • Road Surface Type Asphalt: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Flooring Carpet: Yes
  • Levels Two: Yes
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • General Property Information Lot Size Dimensions: 29.0 ft x 36.0 ft
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Primary Bathroom - Tub with Shower, Primary Bathroom -Tub with Separate 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: PublicRecords
  • 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
  • Roof: Other
  • 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
  • Exterior Features:Courtyard: Yes
  • Construction Materials:Brick2: Yes

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Cable Available, Electricity Connected, 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 Fee: 145.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 145.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

  • Middle Or Junior School: Stone

Lot Info

  • Lot Dimensions: 29.0 ft x 36.0 ft
  • Lot Size Sq Ft: 871.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2863624
  • Parcel #: 28-37-05-00-00047.N-0000.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 1223.6

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
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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 Type Sale Price Title Company
Warranty Deed $99,000 State Title Partners Llp
Warranty Deed $84,000 Alliance Title Insurance Age
Warranty Deed $165,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $67,200 Purchase Money Mortgage
Previous Owner $132,000 Fannie Mae Freddie Mac
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: 731845

Space Coast MLS (Space Coast Association of REALTORS®)

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