When was property at 424 Royal Palm Drive built and last sold?

The property at 424 Royal Palm Drive was built in 1950 and last sold on Dec 31, 1996 for $0.

How much is this home worth?

The estimated value of the home located at 424 Royal Palm Drive is $0.

What are some comparable homes to 424 Royal Palm Drive?

There are currently no comparable homes to 424 Royal Palm Drive.

Melbourne

32935

Loveridge Heights

424 Royal Palm Drive

Sold on Apr 25, 2024

Map

$270,000

● House - Off Market

424 Royal Palm Drive

Melbourne, FL 32935

2 Beds

2 Baths

1,440 Ft²

$1,526

Est. Monthly

7.73%

Cap Rate

About This Property

This property is being sold ''As Is.'' The seller will not do any repairs. Located in Loveridge Heights, this 2 bed / 2 bath has a large Florida room. The Florida room can be easily converted to an Owner's Suite, making it a third bedroom. Upgrades include a new garage door (2024), Carrier HVAC system (2018), Sprinkler System Control Panel (2023), Wood post mailbox (2023), Some Iron pipe replacement & one newer electrical panel (2023). The shingle roof was installed in 2004. There is plenty of room for a pool, boat, or RV. A shed is included in the fenced-in backyard. One car garage, and a one car carport. Boating, fishing, basketball, children's play area, tennis courts & picnicking are only a short walk from Ballard Park. Have your morning coffee or after-work beverage in the screened-in lanai. With a bit of vision & updating, this property is brimming with potential, especially for the location & price point!

Unit Size

1,440 Ft²

Days on Market

52 days

Land Size

0.23 acres

Price per sqft

$170

Property Type

House

Property Taxes

$323

HOA Dues

Year Built

1950

Payment Calculator

Cap Rate Calculator

Last updated: 4 months ago (Space Coast MLS #1006707)

Price History

Date / Event	Date	Event
Apr 25, 2024	Sold	Premium
Sold
Mar 4, 2024	Listed by J. Edwards Real Estate	$245,000
Listed by J. Edwards Real Estate

Property Highlights

Garage

Air Conditioning

Building Info

Overview

General

Year Built: 1950

Effective Year Built: 1990
Building Count: 1
Bedroom Count: 3
Bathroom Count: 2
Full Bathrooms: 2
Partial Bathrooms: 2
Bathroom Plumbing Fixtures: 8
Building Condition: 0
Building Quality: 10
Construction Type: 12
Building Style: 0
Exterior Walls Type: 12
Interior Walls Type: 0
Roof Shape Type: 7
Roof Cover Type: 15
Floor Count: 100
Living Units: 1
Floor Cover: 0
Basement Type: 0
Basement Area: 0
Garage Type: 1
Garage Square Area: 288
Parking Space Count: 1
Patio Type: 5
Porch Type: 59
Pool Type: 0
Location Influence Type: 179

Dimensions

Lot Size Square Feet: 10,019

Lot Size Depth Feet: 1,200
Lot Size Frontage Feet: 850
Total Building Area: 2,439
Gross Building Area: 2,439
Building Area: 1,440
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 1

Heating: 3
Heated Square Feet: 1,440
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: LOVERIDGE HEIGHTS SUBD
Land Acres: 0000000230
Standard Land Use Code: 1001
County Land Use Code: 0110
State Land Use Code: 001
Legal Description 1: LOVERIDGE HEIGHTS SUBD LOT 4 BLK 6

Neighborhood

School District Name: Brevard County School District

Census Tract: 064201

Zoning

Zoning: R1A

Geography

Assessors Map Reference: 296

Account Number: 2724307
Parcel: 27-37-21-EM-00006.0-0004.00
Block: 6
Lot: 4
Meridian: SEC 21 TWN 27S RNG 37E
Municipality: MELBOURNE
Latitude: 28.1216
Longitude: -80.6245

Address

Full Address: 424 Royal Palm Dr

Address - House Number: 424
Address - Street Name: Royal Palm
Address - Suffix Type: Dr
State: FL
City Name: Melbourne
Carrier Code: C002
4-Digit Zip Code: 6957
Zip Code: 32935

Valuation

Tax

Total Area: 1,773

Tax Year: 2022
Tax Amount: $337,910
Initial Tax Delinquent Year: 2022
Tax Rate Code Area: 53K0

Appraisal Valuation

Standard Deviation: 0.1809

Valuation Date: Feb 28, 2024
Confidence Score: 76
Final Value: 372,441
High Value: 439,830
Low Value: 305,052

Market Valuation

Market Total Value: $243,590

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $243,590

Sales

Current Sale Contract Date: Dec 31, 1996

Current Sale Recording Date: Dec 31, 1996
Current Sale Document Type: 71

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Loveridge Heights

Stats & Trends

Median Asking:

$304,950

Sale Price/ft²

$244

Below Asking

0.04%

Average Days on Market

Average Home Size

1728 ft²

Average Home Age

75 years

Currently For Sale

1 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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$2,000 /mo

2 Beds
2 Baths
1,000 ft²

1717 Bruman Terrace, Melbourne, FL, 32935 Listing by Thomas Taranto

Unit for rent at 1723 Bruman Terrace, Melbourne, FL, 32935

$2,000 /mo

2 Beds
2 Baths
1,000 ft²

1723 Bruman Terrace, Melbourne, FL, 32935 Listing by Thomas Taranto

Unit for rent at 1003 Ashley Avenue, Indian Harbour Beach, FL, 32937

$2,000 /mo

2 Beds
2 Baths
1,167 ft²

1003 Ashley Avenue, Indian Harbour Beach, FL, 32937 Listing by Clovis Simas

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Jonathan Krauser, J. Edwards Real Estate
Last Updated: 4 months ago
Data Source: Space Coast MLS, MLS# 1006707

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.