NOT LISTED FOR SALE

5161 Martin Ln Melbourne, FL 32904

Estimated Value: $204,000 - $255,000

3 Beds
2 Baths
1,200 Sq Ft
$197/Sq Ft Est. Value

Last Sold October 31, 2017

Last sale price $139,900 $117 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $1,418/month

66 Days on Market

Highlights

  • No HOA
  • 1-Story Property
  • Ceiling Fan
  • Melbourne Senior High School Rated A-
  • Central Heating and Cooling System
  • Wood Fence

About This Home

As of October 2017

Charming home ready to move in! This 3 bedroom 2 bath home has a new roof, fresh paint on the exterior and interior, new range/dishwasher and more. Bathrooms have been updated. Back yard has a patio with a concreate knee wall. Garage has been converted to a den and laundry room. Centrally located to shopping, dining and employment.

Last Listed By

Natalie Carter

Coldwell Banker Realty Listed on: 07/20/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $541

Year Built

  • Built in 1959

Lot Details

  • 7,841 Sq Ft Lot
  • Northwest Facing Home
  • Wood Fence

Parking

  • Covered Parking

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,200 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Laminate Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

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

Schools

  • Meadowlane Elementary School
  • Central Middle School
  • Melbourne High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Cannova Park Sec A Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 28-37-06-75-0000h.0-0035.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$541

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1959
  • Reso Property Sub Type: Single Family Residence
  • ResoSpecialListingConditions: Real Estate Owned
  • Subdivision Name: Cannova Park Sec A
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling:Electric: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Ceiling Fan(s), Primary Bathroom - Tub with Shower
  • Flooring: Laminate
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Ceiling Fan(s): Yes

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Fencing: Fenced, Wood
  • Acres: 0.18
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: Northwest
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Covered
  • General Property Information:Garage YN: No
  • Parking Features:Covered: Yes

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Water Available
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • 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: Central

Lot Info

  • Lot Size Sq Ft: 7841.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2821388
  • Parcel #: 28-37-06-75-0000h.0-0035.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 540.96

MLS Schools

  • Elementary School: Meadowlane
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2017
Closed on
Nov 1, 2017
Sold by
Fannie Mae
Bought by
Munson Jennifer E
Seller's Agent
Natalie Carter
Coldwell Banker Realty
Buyer's Agent
Michelle Grimes
RE/MAX Solutions
List Price
$151,900
Sold Price
$139,900
Premium/Discount to List
-$12,000
-7.9%
Total Days on Market
66
Current Estimated Value
$236,319

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,419
Avg. Annual Appreciation
7.24%
Original Mortgage
$137,365
Outstanding Balance
$117,605
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$118,714

Purchase Details

Closed on
May 3, 2017
Sold by
Stallings Erin Nicole and Smith Justin
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 31, 2008
Sold by
Smith Brothers Llc
Bought by
Stallings Erin Nicole and Smith Justin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,600
Interest Rate
6.43%

Purchase Details

Closed on
Mar 6, 2006
Sold by
Levine Richard E and Levine Philip S
Bought by
Smith Brothers Llc

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
Munson Jennifer E $139,900 Reo Title Co Of Florida
Federal National Mortgage Association -- None Available
Stallings Erin Nicole $112,000 Alday Donalson Title Agencie
Smith Brothers Llc $125,000 Precise Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Munson Jennifer E $137,365
Previous Owner Stallings Erin Nicole $89,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2023 12/23/23 Off Market $139,900 -- --
10/31/2017 10/31/17 Sold $139,900 0.0% $117 / Sq Ft
09/25/2017 09/25/17 Pending -- -- --
09/20/2017 09/20/17 Price Changed $139,900 -6.7% $117 / Sq Ft
08/20/2017 08/20/17 Price Changed $149,900 -1.3% $125 / Sq Ft
07/20/2017 07/20/17 For Sale $151,900 -- $127 / 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
2023 $1,188 $108,050 $0 $0
2022 $1,092 $104,910 $0 $0
2021 $1,122 $101,860 $55,000 $46,860
2020 $895 $86,680 $0 $0
2019 $886 $84,740 $0 $0
2018 $900 $84,550 $35,000 $49,550
2017 $542 $47,250 $0 $0
2016 $541 $46,280 $20,000 $26,280
2015 $549 $45,960 $15,000 $30,960
2014 $547 $45,600 $20,000 $25,600
Source: Public Records

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

MLS Number: 789390

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-37-06-75-0000H.0-0035.00