NOT LISTED FOR SALE

55 Piney Branch Way Unit C Melbourne, FL 32904

Estimated Value: $200,375 - $255,000

2 Beds
2.5 Baths
1,288 Sq Ft
$170/Sq Ft Est. Value

Last Sold January 26, 2012

Last sale price $65,000 $50 Per Sq Ft

Est. 237% increase in value since last sale

Current estimated payment $1,416/month

14 Days on Market

Highlights

  • Screened Porch
  • Tile Flooring
  • Ceiling Fan
  • Melbourne Senior High School Rated A-
  • Central Heating and Cooling System
  • East Facing Home

About This Home

As of January 2012

2 story townhome. Home features ceramic tile throughout, granite countertops in the kitchen, berber carpet, 2 balconies, inside utility room.

Last Agent to Sell the Property

Laureen Trent

Trent Realty Inc Listed on: 12/09/2011

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,157

Year Built

  • Built in 2005

Lot Details

  • East Facing Home

HOA Fees

  • $145 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Shingle Roof

Interior Spaces

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan

Schools

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

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • Florida Indian River Land Co Subdivision
  • Maintained Community

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 2837050000047O000000

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,157

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
  • Reso Association Amenities: Maintenance Grounds
  • ResoSpecialListingConditions: Real Estate Owned
  • Subdivision Name: Florida Indian River Land Co
  • Carport Y N: No
  • Entry Level: 2
  • Garage Yn: No
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 2837050000047O000000
  • 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: 1157.31
  • Location Tax and Legal Tax Year2: 2011
  • General Property Information Living Area2: 1288.0
  • 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
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Roof:Shingle: Yes
  • Utilities Cable Available: Yes
  • Flooring Carpet: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • General Property Information Stories Total: 2
  • Special Listing Conditions Real Estate Owned: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Interior Amenities: Ceiling Fan(s), Split Bedrooms
  • Flooring: Carpet, Tile
  • Appliances: None
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords
  • General Property Information Bathrooms Half: 1
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Split Bedrooms: Yes
  • Appliances:None: Yes

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Waterfront: No
  • Direction Faces: East
  • Patio And Porch Features: Porch, Screened
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Utilities: Cable Available, Water Available
  • Heating: Central
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Central: 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

  • Additional Parcels Description: 2863625
  • Parcel #: 2837050000047O000000

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 1157.31

MLS Schools

  • Elementary School: University Park
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 4, 2015
Sold by
Jodoin Eric A
Bought by
Jodoin Eric A and Chancey Charles J
Current Estimated Value
$219,344

Purchase Details

Listed on
Dec 9, 2011
Closed on
Jan 6, 2012
Sold by
Bank Of America Na
Bought by
Jodoin Eric A
Seller's Agent
Laureen Trent
Trent Realty Inc
List Price
$59,900
Sold Price
$65,000
Premium/Discount to List
$5,100
8.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.32%
Original Mortgage
$63,352
Outstanding Balance
$43,832
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$172,199

Purchase Details

Closed on
Nov 14, 2011
Sold by
Zimmerman Aaron J
Bought by
Countrywide Bank Fsb

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,352
Outstanding Balance
$43,832
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$172,199

Purchase Details

Closed on
Apr 3, 2006
Sold by
Passarelli Anthony C
Bought by
Zimmerman Aaron J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
7.5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 19, 2006
Sold by
Chateau In The Pines Holding Corp
Bought by
Passarelli Anthony C
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 Buyer Sale Price Title Company
Jodoin Eric A $29,700 None Available
Jodoin Eric A $65,000 Attorney
Countrywide Bank Fsb -- None Available
Zimmerman Aaron J $176,000 Title Chain Inc
Passarelli Anthony C $155,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jodoin Eric A $63,352
Previous Owner Zimmerman Aaron J $156,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2012 01/26/12 Sold $65,000 +8.5% $50 / Sq Ft
12/22/2011 12/22/11 Pending -- -- --
12/08/2011 12/08/11 For Sale $59,900 -- $47 / 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 $709 $62,500 $0 $0
2022 $667 $60,680 $0 $0
2021 $683 $58,920 $0 $0
2020 $644 $58,110 $0 $0
2019 $647 $56,810 $0 $0
2018 $648 $55,760 $0 $0
2017 $637 $54,620 $0 $0
2016 $647 $53,500 $12,500 $41,000
2015 $662 $53,130 $12,500 $40,630
2014 $664 $52,710 $7,500 $45,210
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 629791

Space Coast MLS (Space Coast Association of REALTORS®)

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