When was property at 577 Magnolia Avenue built and last sold?

The property at 577 Magnolia Avenue was built in 1949 and last sold on Jul 15, 2023 for $66,000.

How much is this home worth?

The estimated value of the home located at 577 Magnolia Avenue is $272,700.

What are some comparable homes to 577 Magnolia Avenue?

There are currently no comparable homes to 577 Magnolia Avenue.

Melbourne

32935

Segui Cothron Heights

577 Magnolia Avenue

Sold on Jul 18, 2023

Map

$127,000

● House - Off Market

577 Magnolia Avenue

Melbourne, FL 32935

2 Beds

1 Bath

728 Ft²

$112,692

RealtyHop Estimate

-0.27%

Since Aug 1, 2023

National-US

Primary Model

About This Property

2 bedroom 1 bath home ready for new owner or investor

Unit Size

728 Ft²

Days on Market

11 days

Land Size

0.39 acres

Price per sqft

$155

Property Type

House

Property Taxes

$102

HOA Dues

Year Built

1949

Payment Calculator

Cap Rate Calculator

Last updated: 4 months ago (Space Coast MLS #969409)

Price History

Date / Event	Date	Event
Aug 9, 2024	Sold	Premium
Sold
Jul 21, 2024	In contract	-
In contract
Jun 29, 2024	Relisted	$270,000
Relisted
Jun 25, 2024	In contract	-
In contract
Jun 18, 2024	Listed by Real Broker LLC	$270,000
Listed by Real Broker LLC

	Welcome to your dream home! This beautifully renovated 2-bedroom, 1-bathroom gem is nestled in the heart of Melbourne, just minutes from the vibrant Eau Gallie Arts District and downtown Melbourne. Enjoy easy access to a variety of restaurants, boutiques, galleries, and entertainment options. Step inside to discover a bright and airy open floor plan with original hardwood flooring, an updated kitchen featuring stainless steel appliances, modern cabinetry, and butcherblock countertops. The bathroom boasts contemporary fixtures and a sleek design. The large fenced yard is perfect for pets, children, or gardening enthusiasts, offering ample space for outdoor activities, boat or RV storage. Located in a friendly and safe community, this home is ideal for first-time buyers, savvy investors, or families looking to downsize. The detached storage shed is the perfect garage replacement. Schedule a viewing today and make this charming house your new home!
Jul 20, 2023	Sold	Premium
Sold
Jul 7, 2023	Listed by Joseph Walter Realty, LLC	$113,000
Listed by Joseph Walter Realty, LLC

Property Highlights

Parking Available

Building Info

Overview

General

Year Built: 1949

Effective Year Built: 1990
Building Count: 1
Bedroom Count: 3
Bathroom Count: 1
Full Bathrooms: 1
Partial Bathrooms: 1
Bathroom Plumbing Fixtures: 5
Building Condition: 0
Building Quality: 10
Construction Type: 6
Building Style: 0
Exterior Walls Type: 17
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: 7
Parking Space Count: 0
Patio Type: 5
Porch Type: 126
Pool Type: 0
Location Influence Type: 179

Dimensions

Lot Size Square Feet: 16,988

Lot Size Depth Feet: 2,250
Lot Size Frontage Feet: 896
Total Building Area: 948
Gross Building Area: 948
Building Area: 728
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 5

Heating: 7
Heated Square Feet: 728
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: SEGUI COTHRON HEIGHTS SUBD
Land Acres: 0000000390
Standard Land Use Code: 1001
County Land Use Code: 0110
State Land Use Code: 001
Legal Description 1: SEGUI COTHRON HEIGHTS SUBD S 1/2 OF LOT 7 & ALL LOT 8

Neighborhood

School District Name: Brevard County School District

Census Tract: 064201

Zoning

Zoning: R1A

Geography

Assessors Map Reference: 296

Account Number: 2725231
Parcel: 27-37-21-51-00000.0-0007.00
Lot: 7
Meridian: SEC 21 TWN 27S RNG 37E
Municipality: MELBOURNE
Latitude: 28.1165
Longitude: -80.6305

Address

Full Address: 577 Magnolia Ave

Address - House Number: 577
Address - Street Name: Magnolia
Address - Suffix Type: Ave
State: FL
City Name: Melbourne
Carrier Code: C003
4-Digit Zip Code: 6437
Zip Code: 32935

Valuation

Tax

Total Area: 783

Tax Year: 2022
Tax Amount: $121,928
Tax Rate Code Area: 53K0

Appraisal Valuation

Standard Deviation: 0.2172

Valuation Date: Jan 03, 2024
Confidence Score: 70
Final Value: 124,111
High Value: 151,077
Low Value: 97,144

Market Valuation

Market Total Value: $69,020

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $69,020

Sales

Current Sale Contract Date: Jul 15, 2023

Current Sale Recording Date: Jul 20, 2023
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 153092
Previous Sale Recording Date: Jul 20, 2023
Previous Sale Contract Date: Jul 15, 2023
Previous Sale Amount: $66,000
Previous Sale Document Type: 71

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

Request mortgage information redaction

Comparables

About Segui Cothron Heights

Stats & Trends

Median Asking:

Sale Price/ft²

Above Asking

0.00%

Average Days on Market

Average Home Size

0 ft²

Average Home Age

2026 years

Currently For Sale

0 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

Unit for rent at 1658 Bruman Terrace, Melbourne, FL, 32935

$1,700 /mo

2 Beds
2 Baths
1,081 ft²

1658 Bruman Terrace, Melbourne, FL, 32935 Listing by Nancy R Taylor

Unit for rent at 1464 Guava Avenue, Melbourne, FL, 32935

$1,775 /mo

2 Beds
1 Bath
948 ft²

1464 Guava Avenue, Melbourne, FL, 32935 Listing by Jennifer Brown

Unit for rent at 644 Nida Drive, Melbourne, FL, 32935

$1,900 /mo

3 Beds
1 Bath
1,285 ft²

644 Nida Drive, Melbourne, FL, 32935 Listing by Chelsea Elaine Kolleda

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Scott Fader, Joseph Walter Realty, LLC
Last Updated: 4 months ago
Data Source: Space Coast MLS, MLS# 969409

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.