Seller's Agent in 2021
Lindsey Schuetz
Arium Real Estate, LLC
(321) 501-5101
14 in this area
57 Total Sales
907 E Melbourne Ave Melbourne, FL 32901
Estimated Value: $1,460,181
7
Beds
7
Baths
3,486
Sq Ft
$419/Sq Ft
Est. Value
Highlights
- Water Views
- Home fronts a creek
- Deck
- Heated In Ground Pool
- The property is located in a historic district
- 1-minute walk to Holmes Park
About This Home
As of September 2021Waterfront, downtown and income producing?? YES!! This is a rare opportunity to own a piece of historic downtown Melbourne. Situated right on beautiful Crane Creek with sweeping water views and your own tropical resort style heated pool, lush grounds, and 100 feet of waterfront boardwalk to relax and enjoy cocktails and dolphins. Currently being run as a bed and breakfast/airbnb. Sellers live in the loft and rent 5 rooms. The main house downstairs features 2 bedrooms with 2 ensuite baths, balconies, full kitchen, dining, living room and sunroom. Loft of main house has one bedroom, 2 baths, living space with kitchenette (could be converted to a bedroom), and balcony.
Additional 3 rooms poolside all with private bath, one with a full kitchen. All with private entrances. Come see today!
Last Agent to Sell the Property
Arium Real Estate, LLC License #3316539 Listed on: 05/19/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $10,845
Year Built
- Built in 1925
Lot Details
- 0.31 Acre Lot
- Home fronts a creek
- North Facing Home
- Vinyl Fence
- Wood Fence
Parking
- Circular Driveway
Property Views
- Water
- Pool
Home Design
- Frame Construction
- Shingle Roof
- Wood Siding
- Concrete Siding
- Block Exterior
- Vinyl Siding
- Asphalt
- Stucco
Interior Spaces
- 3,486 Sq Ft Home
- Multi-Level Property
- Ceiling Fan
- Fireplace
- Loft
- Screened Porch
Kitchen
- Gas Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Tile
- Vinyl
Bedrooms and Bathrooms
- 7 Bedrooms
- Split Bedroom Floorplan
- Walk-In Closet
- In-Law or Guest Suite
- 7 Full Bathrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Heated In Ground Pool
- Balcony
- Deck
- Patio
Location
- The property is located in a historic district
Schools
- University Park Elementary School
- Hoover Middle School
- Melbourne High School
Utilities
- Central Heating and Cooling System
- Heating System Uses Natural Gas
- Water Softener is Owned
- Cable TV Available
Community Details
- No Home Owners Association
- Camps Plat Of Melbourne Association
Listing and Financial Details
- Assessor Parcel Number 28-37-03-Fc-00027.0-0003.00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 19, 2021
Closed on
Sep 15, 2021
Sold by
Gypsy Getaways Llc
Bought by
Property Marks Llc
Seller's Agent
Lindsey Schuetz
Arium Real Estate, LLC
Buyer's Agent
Meghan O'Hara
Hoven Real Estate
List Price
$1,700,000
Sold Price
$1,300,000
Premium/Discount to List
-$400,000
-23.53%
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
$160,181
Avg. Annual Appreciation
3.00%
Original Mortgage
$1,040,000
Outstanding Balance
$916,355
Interest Rate
2.7%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$561,202
Purchase Details
Closed on
Apr 2, 2019
Sold by
Marigobay Llc
Bought by
Gypsy Getaways Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$683,000
Interest Rate
4.3%
Mortgage Type
Small Business Administration
Purchase Details
Closed on
Jan 27, 2010
Sold by
Shearer Bruce R and Harper Gillian
Bought by
Marigobay Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.94%
Mortgage Type
Commercial
Purchase Details
Closed on
Jan 14, 2002
Sold by
Corey William R and Chancey Jeffrey C
Bought by
Shearer Bruce R and Shearer Gillian
Purchase Details
Closed on
May 31, 1996
Sold by
Boynton Genevieve S
Bought by
Corey William R and Chancey Jeffrey C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
7.93%
Mortgage Type
Commercial
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Property Marks Llc | $1,300,000 | Federated Title Llc | |
| Gypsy Getaways Llc | $780,000 | Title Security & Escrow Of C | |
| Marigobay Llc | $500,000 | Title Security & Escrow Of C | |
| Shearer Bruce R | $425,000 | -- | |
| Corey William R | -- | -- | |
| Corey William R | $215,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Property Marks Llc | $1,040,000 | |
| Previous Owner | Gypsy Getaways Llc | $683,000 | |
| Previous Owner | Marigobay Llc | $400,000 | |
| Previous Owner | Corey William R | $207,000 | |
| Previous Owner | Corey William R | $25,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/15/2021 09/15/21 | Sold | $1,300,000 | -18.7% | $373 / Sq Ft |
| 07/14/2021 07/14/21 | Pending | -- | -- | -- |
| 06/07/2021 06/07/21 | Price Changed | $1,599,999 | -5.9% | $459 / Sq Ft |
| 05/19/2021 05/19/21 | For Sale | $1,700,000 | -- | $488 / 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 |
|---|---|---|---|---|
| 2025 | $17,982 | $1,025,000 | -- | -- |
| 2024 | $17,847 | $1,025,000 | -- | -- |
| 2023 | $17,847 | $1,005,000 | $240,000 | $765,000 |
| 2022 | $16,201 | $930,000 | $0 | $0 |
| 2021 | $10,138 | $547,390 | $176,000 | $371,390 |
| 2020 | $11,297 | $608,210 | $176,000 | $432,210 |
| 2019 | $7,532 | $386,070 | $176,000 | $210,070 |
| 2018 | $7,337 | $367,970 | $168,000 | $199,970 |
| 2017 | $7,531 | $367,730 | $168,000 | $199,730 |
| 2016 | $7,568 | $353,050 | $168,000 | $185,050 |
| 2015 | $7,061 | $316,410 | $168,000 | $148,410 |
| 2014 | $6,849 | $308,410 | $160,000 | $148,410 |
Source: Public Records
Agents Affiliated with this Home
-
Lindsey Schuetz
-
Scott Schuetz
Seller Co-Listing Agent in 2021
Scott Schuetz
Arium Real Estate, LLC
(321) 474-5776
6 in this area
15 Total Sales
-
Meghan O'Hara
M
Buyer's Agent in 2021
Meghan O'Hara
Hoven Real Estate
(321) 522-1771
1 in this area
10 Total Sales
Map
Source: Space Coast MLS (Space Coast Association of REALTORS®)
MLS Number: 905477
APN: 28-37-03-FC-00027.0-0003.00
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Nearby Homes
- 2101 Vernon Place
- 2013 Vernon Place
- 2106 Vernon Place
- 2100 Vernon Place
- 2222 Livnats Ln
- 2205 Livnats Ln
- 2212 Livnats Ln
- 2255 Livnats Ln
- 2235 Livnats Ln
- 2252 Livnats Ln
- 2202 Livnats Ln
- 2282 Livnats Ln
- 2272 Livnats Ln
- 2265 Livnats Ln
- 2295 Livnats Ln
- 2242 Livnats Ln
- 2285 Livnats Ln
- 2232 Livnats Ln
- 2262 Livnats Ln
- 2275 Livnats Ln
- 909 E Melbourne Ave
- 903 E Melbourne Ave
- 901 E Melbourne Ave
- 826 E Melbourne Ave
- 950 E Melbourne Ave Unit 1 ST F
- 950 E Melbourne Ave Unit upper
- 950 E Melbourne Ave
- 2029 Melbourne Ct
- 2029 Melbourne Ct Unit 206
- 2107 Vernon Place
- 2023 Melbourne Ct
- 2101 Henley Ct
- 2018 Melbourne Ct Unit 202
- 2018 Melbourne Ct Unit 204
- 2018 Melbourne Ct Unit Parking Spot
- 2018 Melbourne Ct Unit 203
- 2018 Melbourne Ct Unit 205
- 2018 Melbourne Ct Unit 206
- 2018 Melbourne Ct Unit 101
- 823 E Melbourne Ave