NOT LISTED FOR SALE

724 E Lincoln Ave Melbourne, FL 32901

Estimated Value: $203,000 - $336,000

3 Beds
2 Baths
1,584 Sq Ft
$167/Sq Ft Est. Value

Last Sold January 17, 2014

Last sale price $75,000 $47 Per Sq Ft

Est. 263% increase in value since last sale

Current estimated payment $1,601/month

144 Days on Market

Highlights

  • The property is located in a historic district
  • Wooded Lot
  • Porch
  • City View
  • No HOA
  • Eat-In Kitchen

About This Home

As of January 2014

Special Historic Property located near historic downtown Melbourne! Unique opportunity with this two story home that is on a property that is zoned C-1. All bedroom are upstairs. Window AC/Heat. Wood flooring underneath carpet on first floor. Great opportunity! See agent remarks regarding offers.

Last Agent to Sell the Property

David Jelinek

RE/MAX Service Team Listed on: 12/03/2013

Last Buyer's Agent

David Jelinek

RE/MAX Service Team Listed on: 12/03/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,406

Year Built

  • Built in 1924

Lot Details

  • 8,712 Sq Ft Lot
  • South Facing Home
  • Wood Fence
  • Wooded Lot

Home Design

  • Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,584 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • City Views
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Outdoor Features

  • Shed
  • Porch

Location

  • The property is located in a historic district

Schools

  • Harbor City Elementary School
  • Hoover Middle School
  • Melbourne High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Camps Plat Of Melbourne Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 28-37-03-Fc-00036.0-0003.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,406

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1924
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Historic Area, Wooded
  • Road Surface Type: Concrete
  • Reso View: City
  • ResoSpecialListingConditions: Real Estate Owned
  • Subdivision Name: Camps Plat of Melbourne
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Reso Other Structures: Shed(s)
  • Location Tax and Legal Parcel Number2: 28-37-03-Fc-00036.0-0003.00
  • Location Tax and Legal Elementary School: Harbor City
  • Location Tax and Legal Middle School2: Hoover
  • Location Tax and Legal High School: Melbourne
  • Location Tax and Legal Tax Annual Amount: 1406.49
  • Location Tax and Legal Tax Year2: 2012
  • General Property Information Living Area2: 1584.0
  • General Property Information Building Area Total3: 1842.0
  • General Property Information Lot Size Acres: 0.2
  • General Property Information Lot Size Square Feet2: 8712.0
  • 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: South
  • Appliances Refrigerators: Yes
  • Fencing Fenced2: Yes
  • Fencing Wood2: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Electricity Connected: Yes
  • Flooring Carpet: Yes
  • Levels Two: Yes
  • General Property Information Carport YN2: No
  • Other Structures Shed(s): Yes
  • Utilities Water Available: Yes
  • Room Types Laundry: Yes
  • General Property Information Lot Size Dimensions: 64.0 ft x 137.0 ft
  • Flooring Vinyl: Yes
  • Lot Features Historic Area: Yes
  • Cooling WallWindow Unit(s): Yes
  • Special Listing Conditions Real Estate Owned: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Eat-in Kitchen, Pantry, Primary Bathroom - Tub with Shower
  • Flooring: Carpet, Vinyl
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning, Other
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Pantry: Yes
  • Fireplace Features:Wood Burning: Yes

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Fencing: Fenced, Wood
  • Acres: 0.2
  • Waterfront: No
  • Construction Type: Frame, Wood Siding
  • Direction Faces: South
  • Patio And Porch Features: Porch
  • Patio and Porch Features:Porch: Yes
  • Construction Materials:Frame: Yes
  • Construction Materials:Wood Siding: Yes
  • Lot Features:Wooded: Yes
  • View:City3: Yes

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

  • Cooling: Wall/Window Unit(s)
  • Utilities: Electricity Connected, Water Available
  • Heating: Electric
  • Cooling Y N: Yes
  • HeatingYN: 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: Hoover

Lot Info

  • Lot Dimensions: 64.0 ft x 137.0 ft
  • Lot Size Sq Ft: 8712.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 28-37-03-Fc-00036.0-0003.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 1406.49

MLS Schools

  • Elementary School: Harbor City
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2013
Closed on
Dec 19, 2013
Sold by
Pennymac Corp
Bought by
Gallagher Kevin
Seller's Agent
David Jelinek
RE/MAX Service Team
Buyer's Agent
David Jelinek
RE/MAX Service Team
List Price
$109,000
Sold Price
$75,000
Premium/Discount to List
-$34,000
-31.19%
Current Estimated Value
$272,390

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,390
Avg. Annual Appreciation
11.04%

Purchase Details

Closed on
Sep 13, 2013
Sold by
Raymond Mary L and Raymond Mary
Bought by
Pennymac Corp
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gallagher Kevin $75,000 None Available
Pennymac Corp -- Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/17/2014 01/17/14 Sold $75,000 -31.2% $47 / Sq Ft
12/16/2013 12/16/13 Pending -- -- --
07/25/2013 07/25/13 For Sale $109,000 -- $69 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

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 $2,214 $136,620 -- --
2024 $2,164 $129,000 -- --
2023 $2,164 $136,000 $0 $0
2022 $1,929 $126,170 $0 $0
2021 $1,695 $88,460 $61,380 $27,080
2020 $1,670 $86,570 $61,380 $25,190
2019 $1,799 $90,220 $61,380 $28,840
2018 $1,816 $95,890 $61,380 $34,510
2017 $1,657 $79,900 $54,800 $25,100
2016 $1,633 $77,910 $54,800 $23,110
2015 $1,489 $64,650 $43,840 $20,810
2014 $1,439 $62,700 $43,840 $18,860
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 673795

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-37-03-FC-00036.0-0003.00