Property Description:
This 4-bed, 2-bath, 2,331 sf single-family home built in 1963 sits on a spacious 0.35-acre lot in one of Melbourne’s most desirable and stable neighborhoods. The property is off-market with a number of interior updates already completed. Only light cosmetic work remains—mostly exterior touch-ups and minor interior finishing.
🛠️ Rehab Scope
- Exterior paint + fascia/soffit touch-up
- Landscaping + curb-appeal cleanup
- Minor interior finish work (paint blending, trim, touch-ups where needed)
- Optional: Update remaining older fixtures to maximize ARV
- General cleaning + final punch-list prep for listing
🔵 Comparable Sales
- 1142 Carissa Pl – 3/2 | 1,639 sf | 1981 | $345,000 ($210/sf) – Closed, updated
- 1880 Tallpine Rd – 3/2 | 1,656 sf | 1980 | $225,000 ($136/sf) – Dated
- 2606 Highland Ave – 2/2 | 1,026 sf | 1948 | $230,000 ($224/sf) – Renovated
- 691 Aurora Rd – 2/1 | 720 sf | 1952 | $150,000 ($208/sf) – Small home, average condition
- 1959 Mosswood Dr – 3/2 | 1,260 sf | 1972 | Pending $239,000 ($190/sf) – Average condition
📈 ARV Estimate
Likely ARV Range: $425,000 – $440,000 depending on finish level