NOT LISTED FOR SALE

Estimated Value: $451,000 - $2,220,000

-- Bed
-- Bath
-- Sq Ft
0.65 Acres

Last Sold December 29, 2015

Last sale price $450,000

Est. 197% increase in value since last sale

Current estimated payment $8,244/month

82 Days on Market

Highlights

  • 80 Feet of Waterfront
  • 0.65 Acre Lot
  • No HOA
  • Gemini Elementary School Rated A-
  • Wooded Lot

About This Home

As of December 2015

*** Reduced $70,000 *** Direct Oceanfront Lot - 8067 Highway A1A - over 1/2 Acre on Atlantic Ocean! Build Your Dream House on this Secluded Beach in Melbourne Beach. Previous survey shows the property at .65 Acre and lot Dimensions. (tax records .52 acre) See attachment for PAS requirements and WFHM offer submittal information in MLS document section. Days 1-7 All offers will be rejected'||chr(10)||''||chr(10)||'Days 8-15'||chr(10)||'Buyers purchasing a property as their'||chr(10)||'primary residence'||chr(10)||'Municipalities purchasing a residence or'||chr(10)||'vacant lot'||chr(10)||'Non-profit buyers purchasing a residence'||chr(10)||'or a vacant lot'||chr(10)||''||chr(10)||'Days 16 +'||chr(10)||'Offers from all buyers once any offers'||chr(10)||'received during days 8-15 have been fully'||chr(10)||'vetted'||chr(10)||''||chr(10)||''||chr(10)||'

Last Agent to Sell the Property

Gene Collins

Collins And Assoc. R.E. License #493963 Listed on: 09/17/2015

Last Buyer's Agent

Gene Collins

Collins And Assoc. R.E. License #493963 Listed on: 09/17/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,784

Lot Details

  • 0.65 Acre Lot
  • 80 Feet of Waterfront
  • Ocean Front
  • Wooded Lot

Schools

  • Gemini Elementary School
  • Hoover Middle School
  • Melbourne High School

Utilities

  • Cable TV Available

Community Details

  • No Home Owners Association
  • Part Of Sw 1/4 Of Ne 1/4 As Des Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 29-39-31-00-00512.0-0000.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,784

Lot Details

0

Listing Details

  • Property Type: Land
  • Reso Property Sub Type: Unimproved Land
  • ResoLotFeatures: Easement Access, Wooded
  • Road Surface Type: Paved
  • ResoSpecialListingConditions: Real Estate Owned
  • Subdivision Name: Part of SW 1/4 of NE 1/4 As Des
  • Location Tax and Legal Parcel Number2: 29-39-31-00-00512.0-0000.00
  • Location Tax and Legal Elementary School: Gemini
  • Location Tax and Legal Middle School2: Hoover
  • Location Tax and Legal High School: Melbourne
  • Location Tax and Legal Tax Annual Amount: 7783.69
  • Location Tax and Legal Tax Year2: 2014
  • General Property Information Lot Size Acres: 0.65
  • General Property Information Lot Size Square Feet2: 22651.0
  • General Property Information Waterfront YN: Yes
  • General Property Information Senior Community YN: No
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Utilities Water Available: Yes
  • General Property Information Lot Size Dimensions: 81.0 ft x 375.0 ft
  • General Property Information Water Frontage Feet: 80
  • General Property Information Number Of Lots2: 1.0
  • Special Listing Conditions Real Estate Owned: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Exterior Features

  • Acres: 0.65
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Lot Features:Wooded: Yes
  • Waterfront Features:Ocean Front: Yes

Utilities

  • Utilities: Cable Available, Electricity Connected, Water Available

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

  • Number Of Lots: 1
  • Current Use: Residential, Single Family
  • Lot Dimensions: 81.0 ft x 375.0 ft
  • Lot Size Sq Ft: 22651.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 29-39-31-00-00512.0-0000.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 7783.69

MLS Schools

  • Elementary School: Gemini
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2015
Closed on
Dec 16, 2015
Sold by
Wells Fargo Bank Na
Bought by
Wilkie Arnold and Wilkie Penelope
Seller's Agent
Gene Collins
Collins And Assoc. R.E.
Buyer's Agent
Gene Collins
Collins And Assoc. R.E.
List Price
$619,900
Sold Price
$450,000
Premium/Discount to List
-$169,900
-27.41%
Current Estimated Value
$1,335,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$885,500
Avg. Annual Appreciation
-0.26%

Purchase Details

Closed on
Aug 31, 2015
Sold by
Ramirez William and Ramirez Marilyn
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Feb 24, 2012
Sold by
Ramirez William and Ramirez Marilyn
Bought by
Cohen Edward B

Purchase Details

Closed on
May 18, 2004
Sold by
Schuett Clay C
Bought by
Ramirez William and Ramirez Marilyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$854,103
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage
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
Wilkie Arnold $450,000 Stewart Title Company
Wells Fargo Bank Na -- None Available
Cohen Edward B -- Attorney
Ramirez William -- Alliance Title Brevard Llc
Ramirez William $1,050,000 Alliance Title Brevard Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ramirez William $858,188
Previous Owner Ramirez William $854,103
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2015 12/29/15 Sold $450,000 -27.4% --
12/08/2015 12/08/15 Pending -- -- --
09/16/2015 09/16/15 For Sale $619,900 -- --
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 $11,179 $1,190,000 $1,190,000 $0
2022 $7,879 $799,000 $0 $0
2021 $6,557 $510,000 $510,000 $0
2020 $6,736 $510,000 $510,000 $0
2019 $6,958 $510,000 $510,000 $0
2018 $7,163 $510,000 $510,000 $0
2017 $7,486 $127,500 $0 $0
2016 $7,855 $510,000 $510,000 $0
2015 $8,035 $510,000 $510,000 $0
2014 $7,784 $510,000 $510,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 735142

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 29-39-31-00-00512.0-0000.00