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Safety Harbor 34695
65 Melrose DRIVE
$465,000
● House - Off Market

65 Melrose DRIVE

SAFETY HARBOR, FL 34695
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,980 Ft²
$508,373
RealtyHop Estimate
8.16%
Since Feb 1, 2022
National-US
Primary Model

About This Property

Wonderful opportunity to own a FOUR BEDROOM single family home in the heart of Safety Harbor! Nestled on a spacious lot located just steps from world famous Philippe Park, this retreat is ready for immediate occupancy! Remodeled kitchen with granite counters and stainless appliances, both bathrooms remodeled, refurbished upstairs deck, new carpet, NEW A/C units, NEW ROOF, NEW HYBRID Water Heater. Other features include a fenced rear yard, basketball hoop and pad, oversized Master Bedroom, Nest security system and more. This treasure can be yours and can close by the end of the year. Make an appointment today and you could hear...Welcome home!
Unit Size
1,980 Ft²
Days on Market
39 days
Land Size
0.16 acres
Price per sqft
$237
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1970

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (Stellar MLS #U8145785)

Price History

Date / Event Date Event Price
Jan 21, 2022 Sold
Premium
Sold
Dec 10, 2021 Listed by RE/MAX ACTION FIRST OF FLORIDA $470,000
Listed by RE/MAX ACTION FIRST OF FLORIDA
Jun 14, 2018 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1994
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 25
  • Exterior Walls Type: 2
  • Interior Walls Type: 16
  • Roof Shape Type: 7
  • Roof Cover Type: 14
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 336
  • Parking Space Count: 1
  • Patio Type: 69
  • Porch Type: 59
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,808
  • Lot Size Depth Feet: 1,130
  • Lot Size Frontage Feet: 600
  • Total Building Area: 2,696
  • Gross Building Area: 2,696
  • Building Area: 1,980
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,980
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HARBOR HEIGHTS ESTATES
  • Land Acres: 0000000156
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • State Land Use Code: 001
  • Legal Description 1: HARBOR HEIGHTS ESTATES BLK F, E 60FT OF LOT 8

Neighborhood

  • School District Name: Pinellas County School District
  • Census Tract: 026817

Geography

  • Assessors Map Reference: 76
  • Account Number: R374195
  • District: HR
  • Subdivision Tract Number: 35928
  • Parcel: 34-28-16-35928-006-0080
  • Block: F,E
  • Lot: 8
  • Meridian: SEC 34 TWN 28S RNG 16E
  • Municipality: SAFETY HARBOR
  • Latitude: 28.0076
  • Longitude: -82.6853

    Address

  • Full Address: 65 Melrose Dr
  • Address - House Number: 65
  • Address - Street Name: Melrose
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Safety Harbor
  • Carrier Code: C061
  • 4-Digit Zip Code: 2023
  • Zip Code: 34695

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: HR

    Appraisal Valuation

  • Standard Deviation: 0.181
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 76
  • Final Value: 525,691
  • High Value: 620,871
  • Low Value: 430,511

    Market Valuation

  • Market Total Value: $336,513
  • Market Land Value: $181,326
  • Market Improvement Value: $155,187

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $242,531

    Sales

  • Current Sale Contract Date: Jan 18, 2022
  • Current Sale Recording Date: Jan 21, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 21981
  • Previous Sale Recording Date: Jun 14, 2018
  • Previous Sale Contract Date: Jun 13, 2018
  • Previous Sale Amount: $289,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

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

About Safety Harbor

Stats & Trends

Median Asking:

$560,000

Sale Price/ft²

$324

Below Asking

0.03%

Average Days on Market

65

Average Home Size

1821 ft²

Average Home Age

38.4 years

Currently For Sale

66 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 604 S Bayview Boulevard, OLDSMAR, FL, 34677

$3,750 /mo

  • 4 Beds
  • 2 Baths
  • 1,964 ft²
604 S Bayview Boulevard, OLDSMAR, FL, 34677 Listing by Justin Hull

Rentals Near You

Click here to view more rentals in the neighborhood.
STELLAR

Listed by: Paul Klink
RE/MAX ACTION FIRST OF FLORIDA
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# U8145785
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. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 65 Melrose Drive built and last sold?
The property at 65 Melrose Drive was built in 1970 and last sold on Jan 18, 2022 for $465,000.
How much is this home worth?
The estimated value of the home located at 65 Melrose Drive is $0.
What are some comparable homes to 65 Melrose Drive?
There are currently no comparable homes to 65 Melrose Drive.
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