See Home Value
$130,000
House - Off Market

1507 Palmwood Drive

Melbourne, FL 32935
bedrooms
3 Beds
bathrooms
2 Baths
$215,130
RealtyHop Estimate
60.54%
Since Jul 1, 2017
National-US
Primary Model

About This Property

Great price for this 1,700 square foot 3/2 in such a central area.  Terrific family home or investor as a rental home.  New carpet in living areas and laminate in bedrooms.  Convenient to all areas of Central Brevard and the beach.
Unit Size
-
Days on Market
25 days
Land Size
0.17 acres
Price per sqft
-
Property Type
House
Property Taxes
$35
HOA Dues
-
Year Built
1964
Last updated: 2 months ago (Space Coast MLS #783476)

Price History

Date / Event Date Event Price
Mar 7, 2018 Sold to Hang Chen $850,000
Sold to Hang Chen
Jun 14, 2017 Sold to Hang Chen $130,000
Sold to Hang Chen
May 15, 2017 Listed by Ellingson Properties $134,000
Listed by Ellingson Properties

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1993
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Quality: D
  • Construction Type: Masonry
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 332
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,405
  • Lot Size Depth Feet: 1,040
  • Lot Size Frontage Feet: 661
  • Total Building Area: 2,032
  • Gross Building Area: 2,032
  • Building Area: 1,700
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,700
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SUNWOOD PARK NO 5
  • Land Acres: 0.17
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SUNWOOD PARK NO 5 LOT 8 BLK A

Ownership

  • Current Owner : CHEN HANG
  • Previous Owner : CERBO DOMENICO
  • Previous Owner 2: CERBO ROSA
  • Owner Before Previous Owner: WHITAKER PHILLIP D
  • Owner Before Previous Owner 2: WHITAKER JAMES
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 064302

Zoning

  • Zoning: R1A

Geography

  • Assessors Map Reference: 284
  • Account Number: 2718509
  • Parcel: 27-37-17-07-0000A.0-0008.00
  • Block: A
  • Lot: 8
  • Meridian: SEC 17 TWN 27S RNG 37E
  • Municipality: MELBOURNE
  • Latitude: 28.1399
  • Longitude: -80.6449

    Address

  • Full Address: 1507 Palmwood Dr
  • Address - House Number: 1507
  • Address - Street Name: Palmwood
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Melbourne
  • Carrier Code: C008
  • 4-Digit Zip Code: 5444
  • Zip Code: 32935

Valuation

    Tax

  • Total Area: 1,762
  • Tax Year: 2022
  • Tax Amount: $1,525
  • Tax Rate Code Area: 43K0

    Appraisal Valuation

  • Standard Deviation: 0.2017
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 72
  • Final Value: 276,446
  • High Value: 332,223
  • Low Value: 220,668

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,905
  • First Open Lien Mortgage Lender: DOMENICO CERBO ETUX
  • First Open Lien Mortgage Recording Date: Mar 07, 2018
  • First Open Lien Mortgage Loan Amount: $2,905
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Private Lender: T

    Market Valuation

  • Market Total Value: $193,740

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $124,910

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 06, 2018
  • Current Sale Recording Date: Mar 07, 2018
  • Current Sale Transaction ID: 11432690830
  • Current Sale Price: $850,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2018050914
  • Previous Sale Recording Date: Jun 14, 2017
  • Previous Sale Contract Date: Jun 09, 2017
  • Previous Sale Amount: $130,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: DOMENICO CERBO ETUX
  • First Mortgage Transaction Date: Mar 07, 2018
  • First Mortgage Loan Amount: $2,905



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
-
$113,500 Jun 1, 2015
$113,500 Jul 27, 2015
$41/mo
House
3 Beds
2 Baths
-
$150,000 Apr 28, 2016
$150,000 Jun 21, 2016
$49/mo
House
3 Beds
2 Baths
-
$107,000 Mar 16, 2017
$107,000 Apr 24, 2017
$40/mo
House
4 Beds
2 Baths
-
$114,000 Jun 3, 2016
$114,000 Jul 21, 2016
$41/mo
Condo
2 Beds
1 Bath
-
$149,900 Nov 1, 2023
-
$464/mo
Condo
2 Beds
2 Baths
-
$149,000 Feb 7, 2024
-
$355/mo
Condo
1 Bed
2 Baths
-
$149,900 Oct 31, 2023
-
$300/mo
Condo
1 Bed
1 Bath
544 ft²
$228/ft²
$124,000 Mar 6, 2024
-
$101/mo
Condo
1 Bed
1 Bath
-
$119,000 Mar 5, 2024
-
$491/mo

About Sunwood Park


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Frequently Asked Questions

When was property at 1507 Palmwood Drive built and last sold?
The property at 1507 Palmwood Drive was built in 1964 and last sold on Mar 6, 2018 for $850,000.
How much is this home worth?
The estimated value of the home located at 1507 Palmwood Drive is $135,340.
What are some comparable homes to 1507 Palmwood Drive?
There are currently no comparable homes to 1507 Palmwood Drive.

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