NOT LISTED FOR SALE

718 Lund Cir Melbourne, FL 32901

Estimated Value: $238,000 - $259,000

2 Beds
2 Baths
1,504 Sq Ft
$167/Sq Ft Est. Value

Last Sold January 29, 2021

Last sale price $175,100 $116 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $1,495/month

9 Days on Market

Highlights

  • RV Access or Parking
  • Screened Porch
  • Patio
  • No HOA
  • In-Law or Guest Suite
  • Shed

About This Home

As of January 2021

The possibilities are endless here. In addition to the 2 bedrooms in the main house, there is a guest suite with a separate entrance. There is a carport in the back of the house and a 10 foot wide gate that opens from Hibiscus. You can easily pull a RV or boat in there. This beautiful lot is oversized (.27 acre) and is fully fenced. There is a screened-in patio off the side of the house. Inside the home, there is a main living space and an extra room off that area. The owner has taken wonderful care of this property. Close to Harris, Northrup Grumman, Melbourne Square Mall, shops and restaurants.

Last Agent to Sell the Property

Ellie Chan

RE/MAX Aerospace Realty License #3286322 Listed on: 12/26/2020

RE/MAX Aerospace Realty

Last Buyer's Agent

Starleigh Martinez

Keller Williams Realty Brevard

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,521

Year Built

  • Built in 1957

Lot Details

  • 0.27 Acre Lot
  • South Facing Home
  • Wood Fence

Home Design

  • Membrane Roofing
  • Concrete Siding
  • Block Exterior
  • Asphalt
  • Stucco

Interior Spaces

  • 1,504 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Family Room
  • Screened Porch
  • Electric Range
  • Washer and Gas Dryer Hookup

Flooring

  • Laminate
  • Terrazzo

Bedrooms and Bathrooms

  • 2 Bedrooms
  • In-Law or Guest Suite
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Parking

  • 1 Carport Space
  • RV Access or Parking

Outdoor Features

  • Patio
  • Shed

Schools

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

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Magnolia Manor Association
  • Magnolia Manor Subdivision

Listing and Financial Details

  • Assessor Parcel Number 28-37-04-25-0000a.0-0010.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,521

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1957
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Road Surface Type: Asphalt
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Magnolia Manor
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Reso Other Structures: Shed(s)
  • Location Tax and Legal Parcel Number2: 28-37-04-25-0000a.0-0010.00
  • 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: 1521.49
  • Location Tax and Legal Tax Year2: 2020
  • General Property Information Living Area2: 1504.0
  • General Property Information Building Area Total3: 1567.0
  • General Property Information Lot Size Acres: 0.27
  • General Property Information Lot Size Square Feet2: 11761.0
  • General Property Information New Construction YN: No
  • General Property Information Carport Spaces2: 1.0
  • General Property Information Waterfront YN: No
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: South
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Fencing Fenced2: Yes
  • Fencing Wood2: Yes
  • Flooring Laminate: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Levels One: Yes
  • Pets Allowed Yes: Yes
  • Road Surface Type Asphalt: Yes
  • Sewer:Public Sewer: Yes
  • Flooring Terrazzo: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: Yes
  • Other Structures Shed(s): Yes
  • Room Types Family Room: Yes
  • Interior Features Guest Suite: Yes
  • General Property Information:Pool Private YN: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Ceiling Fan(s), Guest Suite, Primary Bathroom - Tub with Shower, Primary Downstairs
  • Flooring: Laminate, Terrazzo
  • Appliances: Electric Range, Gas Water Heater, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Features:Primary Downstairs: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Appliances:Gas Water Heater: Yes

Exterior Features

  • Pool Features: None
  • Roof: Membrane
  • Fencing: Fenced, Wood
  • Acres: 0.27
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: South
  • Patio And Porch Features: Patio, Porch, Screened
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • ConstructionSiding:Roof Membrane: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Carport, RV Access/Parking
  • General Property Information:Garage YN: No
  • Parking Features:Carport: Yes
  • Parking Features:RV AccessParking: 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 Name: MAGNOLIA MANOR
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No
  • General Property Information:Association Name: MAGNOLIA MANOR

Schools

  • Middle Or Junior School: Stone

Lot Info

  • Lot Size Sq Ft: 11761.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 28-37-04-25-0000a.0-0010.00

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 1521.49

MLS Schools

  • Elementary School: University Park
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 26, 2020
Closed on
Jan 29, 2021
Sold by
Hinson Lauren
Bought by
Ladd Michele Marie
Seller's Agent
Ellie Chan
RE/MAX Aerospace Realty
Buyer's Agent
Starleigh Martinez
Keller Williams Realty Brevard
List Price
$175,000
Sold Price
$175,100
Premium/Discount to List
$100
0.06%
Current Estimated Value
$250,962

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,862
Avg. Annual Appreciation
7.54%
Original Mortgage
$179,025
Outstanding Balance
$160,035
Interest Rate
2.67%
Mortgage Type
VA
Estimated Equity
$90,927

Purchase Details

Listed on
Jan 22, 2018
Closed on
Feb 23, 2018
Sold by
Fundorn Orson Max
Bought by
Hinson Lauren
Seller's Agent
Wiley Elliott
Indian River Realty
Buyer's Agent
Ellie Chan
RE/MAX Solutions
List Price
$137,500
Sold Price
$142,500
Premium/Discount to List
$5,000
3.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.28%
Original Mortgage
$138,225
Interest Rate
3.99%

Purchase Details

Closed on
Feb 8, 1999
Sold by
Fundom Helen and Fundom Helen V
Bought by
Orson Max Fundom

Purchase Details

Closed on
Dec 2, 1996
Sold by
Fundom Helen
Bought by
Fundom Helen
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ladd Michele Marie $175,100 Attorney
Hinson Lauren $142,500 North American Title Co
Orson Max Fundom -- --
Fundom Helen -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ladd Michele Marie $179,025
Previous Owner Hinson Lauren $138,225
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/29/2021 01/29/21 Sold $175,100 +0.1% $116 / Sq Ft
01/04/2021 01/04/21 Pending -- -- --
12/26/2020 12/26/20 For Sale $175,000 +22.8% $116 / Sq Ft
02/23/2018 02/23/18 Sold $142,500 +3.6% $95 / Sq Ft View Prior Sale
01/27/2018 01/27/18 Pending -- -- --
01/22/2018 01/22/18 For Sale $137,500 -- $91 / 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
2025 $2,194 $166,230 -- --
2024 $2,135 $161,550 -- --
2023 $2,135 $156,850 $0 $0
2022 $1,993 $152,290 $0 $0
2021 $2,395 $127,350 $50,000 $77,350
2020 $1,521 $120,200 $45,000 $75,200
2019 $1,604 $121,800 $45,000 $76,800
2018 $1,782 $103,460 $40,000 $63,460
2017 $1,631 $87,520 $35,000 $52,520
2016 $1,589 $82,200 $30,000 $52,200
2015 $1,476 $59,870 $25,000 $34,870
2014 $1,325 $54,430 $20,000 $34,430
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 893006

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-37-04-25-0000A.0-0010.00