See Home Value
$199,000
● House - Off Market

507 Cheyenne Avenue

Melbourne, FL 32935
bedrooms
2 Beds
bathrooms
1 Bath
square feet
882 Ft²
$1,202
Est. Monthly
9.20%
Cap Rate

About This Property

Ready for move-in! NEW ROOF, and concrete block construction. NO HOA. Recently re-piped, complete with new water heater. Hurricane shutters, oversized driveway and carport. Zero carpet. Solid home with mature foliage on great lot, located in central Melbourne. Close to everything, including the beach and Indian River. GREAT investment, or first time home buyer property. All reasonable offers considered.
Unit Size
882 Ft²
Days on Market
62 days
Land Size
0.15 acres
Price per sqft
$226
Property Type
House
Property Taxes
$224
HOA Dues
-
Year Built
1963

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Cap Rate Calculator

Last updated: 6 months ago (Space Coast MLS #1038073)

Price History

Date / Event Date Event Price
Apr 25, 2025 Sold
Sold
Mar 26, 2025 In contract -
In contract
Mar 12, 2025 Price Decreased $199,000
↓ $16K (7.4%)
Price Decreased
Feb 21, 2025 Listed by Found It Homes LLC $215,000
Listed by Found It Homes LLC
May 17, 2017 Sold
Sold
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1993
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • 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: 3
  • Garage Square Area: 198
  • Parking Space Count: 0
  • Patio Type: 38
  • Porch Type: 126
  • Pool Type: 0
  • Location Influence Type: 179

    Dimensions

  • Lot Size Square Feet: 6,534
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 585
  • Total Building Area: 1,175
  • Gross Building Area: 1,175
  • Building Area: 882
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 5
  • Heating: 7
  • Heated Square Feet: 882
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CRESTHAVEN HOMES SEC 2
  • Land Acres: 0000000150
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • State Land Use Code: 001
  • Legal Description 1: CRESTHAVEN HOMES SEC 2 LOT 37 BLK L

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 064400

Zoning

  • Zoning: R1A

Geography

  • Assessors Map Reference: 294
  • Account Number: 2722330
  • Parcel: 27-37-19-76-0000L.0-0037.00
  • Block: L
  • Lot: 37
  • Meridian: SEC 19 TWN 27S RNG 37E
  • Municipality: MELBOURNE
  • Latitude: 28.1152
  • Longitude: -80.6595

    Address

  • Full Address: 507 Cheyenne Ave
  • Address - House Number: 507
  • Address - Street Name: Cheyenne
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Melbourne
  • Carrier Code: C024
  • 4-Digit Zip Code: 2617
  • Zip Code: 32935

Valuation

    Tax

  • Total Area: 957
  • Tax Year: 2022
  • Tax Amount: $233,407
  • Tax Rate Code Area: 53K0

    Appraisal Valuation

  • Standard Deviation: 0.2172
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 70
  • Final Value: 223,721
  • High Value: 272,330
  • Low Value: 175,111

    Market Valuation

  • Market Total Value: $153,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $153,200

    Sales

  • Current Sale Contract Date: May 15, 2017
  • Current Sale Recording Date: May 17, 2017
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2017103573
  • Previous Sale Recording Date: Jun 13, 2006
  • Previous Sale Contract Date: Jun 09, 2006
  • Previous Sale Amount: $85,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Cresthaven Homes


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Frequently Asked Questions

When was property at 507 Cheyenne Avenue built and last sold?
The property at 507 Cheyenne Avenue was built in 1963 and last sold on May 15, 2017 for $98,000.
How much is this home worth?
The estimated value of the home located at 507 Cheyenne Avenue is $0.
What are some comparable homes to 507 Cheyenne Avenue?
There are currently no comparable homes to 507 Cheyenne Avenue.