When was property at 2499 Pepper Avenue built and last sold?

The property at 2499 Pepper Avenue was built in 1958 and last sold on Jun 9, 2023 for $1,425,500.

How much is this home worth?

The estimated value of the home located at 2499 Pepper Avenue is $90,900.

What are some comparable homes to 2499 Pepper Avenue?

There are currently no comparable homes to 2499 Pepper Avenue.

Melbourne

32935

Bowe Gardens

2499 Pepper Avenue

1 / 8

Map

$82,500

● House - Off Market

2499 Pepper Avenue

Melbourne, FL 32935

3 Beds

1 Bath

$138,110

RealtyHop Estimate

53.46%

Since May 1, 2018

National-US

Primary Model

About This Property

Investor Opportunity! Great Melbourne location close to everything with the potential to become a cozy starter home, retirement home or rental property. Concrete block with updated bathroom.

Unit Size

Days on Market

45 days

Land Size

0.15 acres

Price per sqft

Property Type

House

Property Taxes

$117

HOA Dues

Year Built

1958

Last updated: 2 months ago (Space Coast MLS #807476)

Price History

Date / Event	Date	Event
Jul 5, 2023	Sold	$1,425,500
Sold
Oct 3, 2018	Sold	$750,500
Sold
May 4, 2018	Sold to Property Invesments Inc Sai	$82,500
Sold to Property Invesments Inc Sai
Mar 9, 2018	Listed by Coldwell Banker Realty	$90,000
Listed by Coldwell Banker Realty

Property Highlights

Garage

Building Info

Overview

General

Year Built: 1958

Effective Year Built: 1997
Building Count: 1
Bedroom Count: 2
Bathroom Count: 1
Full Bathrooms: 1
Partial Bathrooms: 1
Bathroom Plumbing Fixtures: 7
Building Quality: D
Construction Type: Masonry
Exterior Walls Type: Alum/Vinyl siding
Roof Shape Type: Gable or hip
Roof Cover Type: Asphalt
Floor Count: 1
Living Units: 1
Basement Area: 0
Garage Type: Attached
Garage Square Area: 273
Parking Space Count: 1

Dimensions

Lot Size Square Feet: 6,534

Lot Size Depth Feet: 1,050
Lot Size Frontage Feet: 590
Total Building Area: 1,310
Gross Building Area: 1,310
Building Area: 816
Building Area Measurement: Living Area

Heating and Cooling

Air Conditioning: Window/unit air conditioning

Heating: Gravity
Heated Square Feet: 816
Heating Fuel Type: unknown

Utilities

Sewer System: unknown

Water Service: unknown

Building

Property Class: Residential

Subdivision: BOWE GARDENS SEC J 3
Land Acres: 0.15
Standard Land Use Code: Single family residential
Legal Description 1: BOWE GARDENS SEC J 3 LOT 8 BLK M

Ownership

Current Owner : SAI RE HOLDINGS 5 LLC

Previous Owner : SAI RENTAL INVESTMENTS LLC
Owner Before Previous Owner: SAI PROPERTY INVESTMENTS INC
Ownership Rights Codes: unknown
Current Owner Is a Corporation Indicator: Yes

Neighborhood

School District Name: Brevard County School District

Census Tract: 064500

Zoning

Zoning: R1A

Geography

Assessors Map Reference: 294

Account Number: 2721028
Parcel: 27-37-19-05-0000M.0-0008.00
Block: M
Lot: 8
Meridian: SEC 19 TWN 27S RNG 37E
Municipality: MELBOURNE
Latitude: 28.123
Longitude: -80.663

Address

Full Address: 2499 Pepper Ave

Address - House Number: 2499
Address - Street Name: Pepper
Address - Suffix Type: Ave
State: FL
City Name: Melbourne
Carrier Code: C006
4-Digit Zip Code: 2752
Zip Code: 32935

Valuation

Tax

Total Area: 1,055

Tax Year: 2022
Tax Amount: $2,076
Tax Rate Code Area: 53K0

Appraisal Valuation

Standard Deviation: 0.2172

Valuation Date: Jan 03, 2024
Confidence Score: 70
Final Value: 199,166
High Value: 242,440
Low Value: 155,892

Open Liens

Total Open Liens: 1

Total Open Liens Amount: $4,700,000
First Open Lien Mortgage Lender: COREVEST AMERICAN FIN LNDR LLC
First Open Lien Mortgage Recording Date: Jul 05, 2023
First Open Lien Mortgage Loan Amount: $4,700,000
First Open Lien Mortgage Term: 360
First Open Lien Mortgage Position: 1
First Open Lien Mortgage Loan Type: New Conventional

Market Valuation

Market Total Value: $141,190

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $141,190

Sales

Current Sale Contract Date: Jun 09, 2023

Current Sale Recording Date: Jul 05, 2023
Current Sale Transaction ID: 11909074205
Current Sale Price: $1,425,500
Current Sale Document Type: Warranty Deed
Current Sale Input Document Number: 140311
Previous Sale Recording Date: Oct 03, 2018
Previous Sale Contract Date: Sep 25, 2018
Previous Sale Amount: $750,500
Previous Sale Document Type: Special Warranty Deed

Last Sale Mortgage

First Mortgage Lender: COREVEST AMERICAN FIN LNDR LLC

First Mortgage Transaction Date: Jul 05, 2023
First Mortgage Loan Amount: $4,700,000
First Mortgage Terms: 360
First Mortgage Loan Type: New Conventional

Previous Mortgages

Previous Mortgage Lender: FINANCE OF AMERICA COMMERCIAL

Previous Mortgage Transaction Date: Oct 03, 2018
Previous Mortgage Financing Type: Variable
Previous Mortgage Loan Amount: $1,227,000
Previous Mortgage Term: 360
Previous Mortgage Loan Type: Commercial

Redact Ownership Info

Comparables

About Bowe Gardens

Stats & Trends

Median Asking:

$269,000

Sale Price/ft²

$232

Below Asking

0.02%

Average Days on Market

Average Home Size

167 ft²

Average Home Age

63.4 years

Currently For Sale

9 Listings

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 1992 Lansing Street, Melbourne, FL, 32935

$2,300 /mo

3 Beds
2 Baths
1,492 ft²

1992 Lansing Street, Melbourne, FL, 32935 Listing by Sarah Rutherford

Unit for rent at 2357 Royal Poinciana Boulevard, Melbourne, FL, 32935

$2,500 /mo

3 Beds
2 Baths
1,444 ft²

2357 Royal Poinciana Boulevard, Melbourne, FL, 32935 Listing by Stephen Nieroda

Unit for rent at 2080 Lucille Lane, Melbourne, FL, 32935

$2,300 /mo

3 Beds
2 Baths
1,288 ft²

2080 Lucille Lane, Melbourne, FL, 32935 Listing by Heidi Calaway

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Ivette Wagner, Coldwell Banker Realty
Last Updated: 2 months ago
Data Source: Space Coast MLS, MLS# 807476

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.

Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc.

2499 Pepper Avenue

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Ownership

Neighborhood

Zoning

Geography

Valuation

Comparables

About Bowe Gardens

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions