NOT LISTED FOR SALE

720 Central Blvd Melbourne, FL 32901

Estimated Value: $359,000 - $497,000

3 Beds
2 Baths
2,095 Sq Ft
$208/Sq Ft Est. Value

Last Sold June 21, 2019

Last sale price $275,000 $131 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $2,440/month

78 Days on Market

Highlights

  • RV Access or Parking
  • 0.52 Acre Lot
  • Wooded Lot
  • Views of Preserve
  • Open Floorplan
  • Vaulted Ceiling

About This Home

As of June 2019

Gracious CBS Home on over one-half acre of Old Oak and Fruit Tree Hammock on a Secluded tree-lined Street. Hugh Back Yard with Producing Avocado, Mango, Bananas and Other Fruit Trees. Close to Downtown Melbourne Shopping and Restaurants and within a Block and one half from the 19th Hole of Melbourne's Public Golf Course. Interior of Home is a Split Design with a Spacious Great Room, Dining Room and Family Room. Also Laundry Room, Attic Storage, Carport and a High Ceiling Detached Steel Garage with Roll-up Door. City Water & Sewer. Plenty of Room for the Boat,& RV. 3 Porches, Block Workshop, Fernery and Shade house. Perfect for Hobbies! Fully Sprinklered by Deep Well. This property is Truly Unique. NO HOA FEES. Country Living near the City Amenities. Make an appointment today.

Last Agent to Sell the Property

Elaine Chambers

One Sotheby's Inter Realty Listed on: 02/28/2019

Last Buyer's Agent

Scott Caldwell

Florida Elite Real Estate License #3242064

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,633

Year Built

  • Built in 1995

Lot Details

  • 0.52 Acre Lot
  • South Facing Home
  • Front and Back Yard Sprinklers
  • Wooded Lot
  • Few Trees

Parking

  • 1 Car Detached Garage
  • 1 Carport Space
  • RV Access or Parking

Property Views

  • Views of Preserve
  • Views of Woods

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Asphalt
  • Stucco

Interior Spaces

  • 2,095 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Great Room
  • Home Office
  • Library
  • Sun or Florida Room
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Dual Closets
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Accessible Home Design

  • Level Entry For Accessibility
  • Accessible Entrance

Outdoor Features

  • Separate Outdoor Workshop
  • Porch

Schools

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

Utilities

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

Community Details

  • No Home Owners Association
  • Magnolia Park Plat No 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 28-37-04-02-00092.0-0001.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,633

Year Built

Built in 1995

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1995
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Few Trees, Sprinklers In Front, Sprinklers In Rear, Wooded
  • Road Surface Type: Asphalt
  • Reso View: Trees/Woods, Protected Preserve
  • ResoSecurityFeatures: Smoke Detector(s)
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Magnolia Park Plat No 2
  • Reso Accessibility Features: Accessible Entrance
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Reso Other Structures: Workshop
  • Location Tax and Legal Parcel Number2: 28-37-04-02-00092.0-0001.00
  • 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: 1632.66
  • Location Tax and Legal Tax Year2: 2018
  • General Property Information Living Area2: 2095.0
  • General Property Information Building Area Total3: 2554.0
  • General Property Information Lot Size Acres: 0.52
  • General Property Information Lot Size Square Feet2: 22651.0
  • 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
  • Flooring Laminate: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Levels One: Yes
  • Pets Allowed Yes: Yes
  • Road Surface Type Asphalt: Yes
  • Roof:Shingle: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Water Source Well: Yes
  • General Property Information Carport YN2: Yes
  • Utilities Water Available: Yes
  • Room Types Great Room: Yes
  • Other Structures Workshop: Yes
  • Room Types Laundry: Yes
  • Room Types Library: Yes
  • Room Types Office: Yes
  • View TreesWoods: Yes
  • Room Types Florida Room: Yes
  • View Protected Preserve: Yes
  • Interior Features Jack and Jill Bath: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Bar, Built-in Features, Ceiling Fan(s), Eat-in Kitchen, His and Hers Closets, Jack and Jill Bath, Open Floorplan, Primary Bathroom - Tub with Shower, Primary Downstairs, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
  • Flooring: Laminate, Tile
  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Interior Features:Primary Downstairs: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Built-in Features: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:His and Hers Closets: Yes

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Acres: 0.52
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: South
  • Patio And Porch Features: Porch
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio and Porch Features:Porch: Yes
  • Lot Features:Wooded: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Lot Features:Sprinklers In Rear: Yes
  • Accessibility Features:Accessible Entrance: Yes
  • Lot Features:Few Trees: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Carport, Detached, RV Access/Parking
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Carport: Yes
  • Parking Features:RV AccessParking: Yes
  • Parking Features:Detached: Yes

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Cable Available, Electricity Connected, Water Available
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: Stone

Lot Info

  • Lot Size Sq Ft: 22651.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 28-37-04-02-00092.0-0001.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 1632.66

MLS Schools

  • Elementary School: University Park
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2019
Closed on
Jun 21, 2019
Sold by
Lane Bruce V and Lane Delores A
Bought by
Rutherford Shaun Michael and Rutherford Kristen Marie
Seller's Agent
Elaine Chambers
One Sotheby's Inter Realty
Buyer's Agent
Scott Caldwell
Florida Elite Real Estate
List Price
$325,000
Sold Price
$275,000
Premium/Discount to List
-$50,000
-15.38%
Current Estimated Value
$435,440

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,440
Avg. Annual Appreciation
7.19%
Original Mortgage
$261,250
Outstanding Balance
$229,703
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$205,737

Purchase Details

Closed on
Feb 4, 2008
Sold by
Lane Bruce V and Lane Delores A
Bought by
Lane Bruce V and Lane Delores A

Purchase Details

Closed on
Nov 30, 1998
Sold by
Browne Dietrich and Browne Kristen
Bought by
Gantz Rebecca A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,158
Interest Rate
6.77%

Purchase Details

Closed on
Nov 24, 1998
Sold by
Lane Bruce V
Bought by
Brown Dietrich

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,158
Interest Rate
6.77%

Purchase Details

Closed on
Feb 24, 1997
Sold by
Lane Bruce V and Lane Delores A
Bought by
Lane Bruce V

Purchase Details

Closed on
Mar 29, 1996
Sold by
Lane Bruce V
Bought by
Lane Bruce V

Purchase Details

Closed on
Mar 21, 1995
Sold by
Lane Bruce V and Lane Delores A
Bought by
Lane Bruce V
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
Rutherford Shaun Michael $275,000 Alliance Title Ins Agcy Inc
Lane Bruce V -- None Available
Gantz Rebecca A $62,900 --
Brown Dietrich -- --
Lane Bruce V -- --
Lane Bruce V -- --
Lane Bruce V -- --
Lane Bruce V -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rutherford Shaun Michael $261,250
Previous Owner Gantz Rebecca A $64,158
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/21/2019 06/21/19 Sold $275,000 -8.0% $131 / Sq Ft
05/17/2019 05/17/19 Pending -- -- --
04/06/2019 04/06/19 Price Changed $299,000 -8.0% $143 / Sq Ft
02/28/2019 02/28/19 For Sale $325,000 -- $155 / 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 $2,152 $163,720 -- --
2024 $2,094 $159,110 -- --
2023 $2,094 $154,480 $0 $0
2022 $1,954 $149,990 $0 $0
2021 $1,970 $145,630 $0 $0
2020 $1,946 $143,620 $0 $0
2019 $4,421 $229,560 $54,000 $175,560
2018 $1,633 $121,510 $0 $0
2017 $1,629 $119,020 $0 $0
2016 $1,664 $116,580 $36,000 $80,580
2015 $1,695 $115,770 $30,000 $85,770
2014 $1,669 $114,860 $18,000 $96,860
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 838145

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-37-04-02-00092.0-0001.00