4 months on rocket

2511 Lipscomb St, Melbourne, FL, 32901

$195,000

Home List Price

$2,316*

Closing Credit

0 Baths
1,599 SqFt
$122/SqFt
Multi

Location

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2511 Lipscomb St, Melbourne$195,000

Buyer Closing Credits

$2,316*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Year Built1930
HeatingCentral
CoolingCentral Air
MLS #1022008
Lot Size0.18 Acres
StatusActive

About 2511 Lipscomb St

Opportunity awaits! Investor special and no need for a new roof as the seller has already done that for you. 2 separate buildings for under $250k. Schedule a showing today.

Property Details

Property Features

Property Information:

  • Year Built: 1930
  • Living Area: 1,599 SqFt

Listing Office:

  • Office Name: Elevate Realty LLC
  • Office Phone: (561) 427-3923
  • Listing Agent: Laura Auten

Virtual/3D Tour

  • Virtual Tour: 2511 Lipscomb St
Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 0.18 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Turn right onto FL-809 / Military Trail, Turn right onto Donald Ross Rd, Take the ramp on the right for I-95 North and head toward Daytona Bch, At Exit 173, head right on the ramp for FL-514 / Malabar Rd SE toward Malabar, Turn right onto FL-514 / Malabar Rd SE, Turn left onto FL-507 / Babcock St NE, Turn right onto E University Blvd, Turn left onto Lipscomb St.

Price Information

Listing Price Info

Price Summary:

  • List Price: $195,000
  • Price Per SqFt: $122/SqFt

Tax Information:

  • Annual Amount: $649
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Melbourne, FL.

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Melbourne, FL

City

Med. Sold Price

$420K

Med. Price/SqFt

$236

Avg. Days On Market

65

# of Sold Homes

183

2511 Lipscomb St vs Melbourne

131 DAYS ON ROCKET

+66 Days

$195,000

-$225K Less

$122/SqFt

-$115 Less

KEY TAKEAWAY

This property is $225K less than the Median Sold Price and $115/SqFt less than other homes in Melbourne, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Space Coast MLS (Space Coast Association of REALTORS®)
  • MLS Number: #1022008

Listing Office:

  • Office Name: Elevate Realty LLC
  • Office Phone: (561) 427-3923
  • Listing Agent: Laura Auten

IDX Copyright © 2024 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Space Coast Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 10:21:07 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 25, 2012Home Sold
$20,000

Tax History

YEARPROP. TAXASSESSMENT
2020$649$30,240
2019$667$29,500
2018$591$34,910
2017$591$25,690

History based on county public records data.

Payment Calculator

$1,041

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$651

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-808656
3
/10

  • University Park Elementary School

  • 500 W University Blvd

  • 1.60 miles

  • Public District Grades PK-6

school-card-donut-808657
10
/10

  • Indialantic Elementary School

  • 1050 N Palm Ave

  • 2.79 miles

  • Public District Grades KG-6

school-card-donut-808658
3
/10

  • Palm Bay Elementary School

  • 1200 Alamanda Rd NE

  • 3.01 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $20,952. The most common annual income of people living in Melbourne, FL is less than $35k. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Florida›Brevard County›Melbourne›32901›2511 Lipscomb St

This home is located at 2511 Lipscomb St in Melbourne, FL and zip code 32901. This 1,599 square foot home, which was built in 1930, sits on a 0.18 acre lot. It has been listed on Rocket Homes since August 12, 2024 and is currently priced at $195,000.

In November 2024, from all listings sold in Melbourne, FL there were more than 6 sold above asking price, over 134 sold below and more than 43 were sold right at the asked price. In November 2024 in Melbourne, FL there were 2.9% more homes for sale than in October 2024. In November 2024, listings were on the market for 65 days. During the same period, the median list price in this real estate market was $420,005.

From Rocket Homes Real Estate and based on county public records data.

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