701 Espanola Way Melbourne, FL 32901
Magnolia Park Neighborhood
3
Beds
2
Baths
1,050
Sq Ft
0.3
Acres
Highlights
- Creek or Stream View
- Midcentury Modern Architecture
- Front Porch
- Melbourne Senior High School Rated A-
- No HOA
- 2-minute walk to Magnolia Manor Park
About This Home
As of March 2025Welcome home to this delightfully cozy cottage nestled in the heart of Melbourne and longtime hidden gem of a community, Magnolia Park! This one has it all! A chef's dream of a kitchen with top-of-the-line appliances and beautiful cabinetry. Updated electrical panel, vinyl impact windows (2022) new plumbing, metal roof (2024) and tankless water heater. New AC duct system and fresh insulation in the attic and an attic fan. Remodeled and updated bathrooms and luxury vinyl plank flooring throughout. Upgraded floorboards, interior doors, door cases and windowsills. New exterior kitchen and laundry room doors. New vinyl fencing in the front yard and new gates in the expansive back yard with a recently installed shed for all your lawn care and gardening needs including a sprinkler system with a well and outdoor security lights around the house. Tastefully decorated with furniture, high-end electronics and security system that stay with the property! Don't miss this one, it's a beauty!
Last Agent to Sell the Property
LaRocque & Co., Realtors License #3312760 Listed on: 01/30/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $775
Year Built
- Built in 1958 | Remodeled
Lot Details
- 0.3 Acre Lot
- Northeast Facing Home
- Vinyl Fence
- Wood Fence
- Back Yard Fenced
- Few Trees
Parking
- 1 Car Attached Garage
- Carport
- Garage Door Opener
Home Design
- Midcentury Modern Architecture
- Membrane Roofing
- Metal Roof
- Block Exterior
- Asphalt
Interior Spaces
- 1,050 Sq Ft Home
- 1-Story Property
- Vinyl Flooring
- Creek or Stream Views
- Attic Fan
Kitchen
- Gas Cooktop
- Microwave
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry in Garage
- Dryer
- Washer
Home Security
- Security System Owned
- High Impact Windows
Outdoor Features
- Front Porch
Schools
- University Park Elementary School
- Stone Middle School
- Melbourne High School
Utilities
- Central Heating and Cooling System
- Heating System Uses Natural Gas
- Tankless Water Heater
- Gas Water Heater
- Cable TV Available
Community Details
- No Home Owners Association
- Magnolia Park Replat Subdivision
Listing and Financial Details
- Assessor Parcel Number 28-37-04-27-00000.0-0028.00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 30, 2025
Closed on
Mar 26, 2025
Sold by
Kible Tyrone Franklin and Kible Cindy Hostetter
Bought by
Rochester Emilee
Seller's Agent
Christie Tipton-Poirier
LaRocque & Co., Realtors
Buyer's Agent
Mike Davis
Davis Realty Group, LLC
List Price
$325,000
Sold Price
$310,000
Premium/Discount to List
-$15,000
-4.62%
Total Days on Market
10
Views
41
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
-$1,905
Avg. Annual Appreciation
-1.04%
Original Mortgage
$225,000
Outstanding Balance
$224,234
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$84,438
Purchase Details
Listed on
Jan 23, 2017
Closed on
Feb 10, 2017
Sold by
William James Richard
Bought by
Franklin Tronr and Kible Cindy Hostetter
Seller's Agent
Nancy Taylor
BHHS Florida Realty
Buyer's Agent
Christie Tipton-Poirier
LaRocque & Co., Realtors
List Price
$129,900
Sold Price
$126,200
Premium/Discount to List
-$3,700
-2.85%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.69%
Purchase Details
Closed on
Dec 1, 2016
Bought by
Kible Tyrone
Purchase Details
Closed on
Nov 23, 2016
Sold by
Wiliams Catherine Ann and Wiliams James R
Bought by
Williams Catherine Ann and Williams James Richard
Similar Homes in Melbourne, FL
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $310,000 | Dockside Title | |
| Warranty Deed | $126,200 | Florida Title & Guarantee Ag | |
| Deed | $100 | -- | |
| Warranty Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $225,000 | New Conventional | |
| Previous Owner | $30,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/26/2025 03/26/25 | Sold | $310,000 | -4.6% | $295 / Sq Ft |
| 01/30/2025 01/30/25 | For Sale | $325,000 | +157.5% | $310 / Sq Ft |
| 12/23/2023 12/23/23 | Off Market | $126,200 | -- | -- |
| 02/10/2017 02/10/17 | Sold | $126,200 | -2.8% | $120 / Sq Ft |
| 01/25/2017 01/25/17 | Pending | -- | -- | -- |
| 01/23/2017 01/23/17 | For Sale | $129,900 | -- | $124 / Sq Ft |
Source: Space Coast MLS (Space Coast Association of REALTORS®)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $740 | $79,220 | -- | -- |
| 2023 | $740 | $76,920 | $0 | $0 |
| 2022 | $669 | $74,680 | $0 | $0 |
| 2021 | $683 | $72,510 | $0 | $0 |
| 2020 | $682 | $71,510 | $0 | $0 |
| 2019 | $693 | $69,910 | $0 | $0 |
| 2018 | $699 | $68,610 | $0 | $0 |
| 2017 | $1,579 | $74,810 | $38,500 | $36,310 |
| 2016 | $451 | $41,750 | $33,000 | $8,750 |
| 2015 | $454 | $41,460 | $27,500 | $13,960 |
| 2014 | $429 | $40,380 | $22,000 | $18,380 |
Source: Public Records
Agents Affiliated with this Home
-
Christie Tipton-Poirier
C
Seller's Agent in 2025
Christie Tipton-Poirier
LaRocque & Co., Realtors
(321) 794-3369
1 in this area
42 Total Sales
-
Mike Davis
Buyer's Agent in 2025
Mike Davis
Davis Realty Group, LLC
(321) 720-7800
1 in this area
62 Total Sales
-
Nancy Taylor
Seller's Agent in 2017
Nancy Taylor
BHHS Florida Realty
(321) 308-0334
87 Total Sales
Map
Source: Space Coast MLS (Space Coast Association of REALTORS®)
MLS Number: 1035135
APN: 28-37-04-27-00000.0-0028.00
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Information is deemed reliable but not guaranteed.
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