NOT LISTED FOR SALE

1050 Olive St Cocoa, FL 32922

Estimated Value: $69,000 - $75,075

2 Beds
1 Bath
825 Sq Ft
$87/Sq Ft Est. Value

Last Sold August 03, 2023

Last sale price $75,000 $91 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $480/month

2 Days on Market

Highlights

  • City View
  • No HOA
  • 1-Story Property
  • Open Floorplan
  • Laundry Room
  • 2-minute walk to Carl E. Anderson Park

About This Home

As of August 2023

Investor Alert!! A wonderful investment opportunity! This completely gutted home is ready for you to use your imagination and make this house one of a kind. It comes with a carport and large backyard. This home is ten minutes for the beaches and five minutes from shopping areas. An excellent location for a buy and hold. You must act fast cause this special gem will not be on the market long.

Last Agent to Sell the Property

Al Jenkins

Jenkins Realty License #3204863 Listed on: 07/24/2023

Last Buyer's Agent

Al Jenkins

Jenkins Realty License #3204863 Listed on: 07/24/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $707

Year Built

  • Built in 1951

Lot Details

  • 6,534 Sq Ft Lot
  • South Facing Home

Parking

  • 1 Carport Space

Home Design

  • Fixer Upper
  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 825 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • City Views
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Endeavour Elementary School
  • Cocoa Middle School
  • Cocoa High School

Utilities

  • No Cooling

Community Details

  • No Home Owners Association
  • Broadmoor Acres Subd Association
  • Broadmoor Acres Subd Subdivision

Listing and Financial Details

  • Assessor Parcel Number 24-36-29-78-00000.0-0149.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$707

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1951
  • Reso Property Sub Type: Single Family Residence
  • Reso View: City
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Broadmoor Acres Subd
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Reso Property Condition: Fixer
  • Location Tax and Legal Parcel Number2: 24-36-29-78-00000.0-0149.00
  • Location Tax and Legal Elementary School: Endeavour
  • Location Tax and Legal Middle School2: Cocoa
  • Location Tax and Legal High School: Cocoa
  • Location Tax and Legal Tax Annual Amount: 707.11
  • Location Tax and Legal Tax Year2: 2022
  • General Property Information Living Area2: 825.0
  • General Property Information Building Area Total3: 880.0
  • General Property Information Lot Size Acres: 0.15
  • General Property Information Lot Size Square Feet2: 6534.0
  • General Property Information New Construction YN: No
  • General Property Information Carport Spaces2: 1.0
  • General Property Information Waterfront YN: No
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: South
  • Levels One: Yes
  • Pets Allowed Yes: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: Yes
  • Room Types Laundry: Yes
  • Cooling None2: Yes
  • Property Condition Fixer: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Open Floorplan
  • Flooring: Other
  • Appliances: None
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • ResoLivingAreaSource: PublicRecords
  • Interior Features:Open Floorplan: Yes
  • Appliances:None: Yes

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Acres: 0.15
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: South
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • View:City3: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Carport
  • General Property Information:Garage YN: No
  • Parking Features:Carport: Yes

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association Name: BROADMOOR ACRES SUBD
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No
  • General Property Information:Association Name: BROADMOOR ACRES SUBD

Schools

  • Middle Or Junior School: Cocoa

Lot Info

  • Lot Size Sq Ft: 6534.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 24-36-29-78-00000.0-0149.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 707.11

MLS Schools

  • Elementary School: Endeavour
  • High School: Cocoa

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2023
Closed on
Aug 3, 2023
Sold by
Wagner Steven D
Bought by
Figueroa Atadulfo Folgar
Seller's Agent
Al Jenkins
Jenkins Realty
Buyer's Agent
Al Jenkins
Jenkins Realty
List Price
$75,500
Sold Price
$75,000
Premium/Discount to List
-$500
-0.66%
Views
80
Current Estimated Value
$72,038

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,962
Avg. Annual Appreciation
-1.65%

Purchase Details

Closed on
Apr 18, 2005
Sold by
Hafer Roy Allen and Hafer Elaine
Bought by
Wagner Steven D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,505
Interest Rate
5.88%

Purchase Details

Closed on
Feb 10, 2005
Sold by
Davis Jerry W
Bought by
Hafer Roy Allen and Hafer Elaine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,500
Interest Rate
15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 21, 1997
Sold by
Schnider Arlene
Bought by
Davis Jerry W

Purchase Details

Closed on
Dec 17, 1993
Sold by
Fouraker Annie Lou and Demmon Sadie
Bought by
Schnider Louis N and Schnider Arlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,400
Interest Rate
7.14%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Figueroa Atadulfo Folgar $75,000 Minot Title
Wagner Steven D $71,000 Fidelity Natl Title Ins Co
Hafer Roy Allen $61,300 Fidelity Natl Title Ins Co
Davis Jerry W $37,000 --
Schnider Louis N $33,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wagner Steven D $71,505
Previous Owner Hafer Roy Allen $63,500
Previous Owner Schnider Louis N $26,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/03/2023 08/03/23 Sold $75,000 -0.7% $91 / Sq Ft
07/26/2023 07/26/23 Pending -- -- --
07/24/2023 07/24/23 For Sale $75,500 -- $92 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,253 $56,860 -- --
2024 $863 $52,370 -- --
2023 $863 $44,920 $0 $0
2022 $707 $30,220 $0 $0
2021 $659 $24,080 $20,000 $4,080
2020 $599 $19,270 $15,000 $4,270
2019 $548 $14,820 $10,000 $4,820
2018 $466 $15,350 $10,000 $5,350
2017 $432 $12,340 $8,000 $4,340
2016 $539 $18,000 $8,000 $10,000
2015 $439 $12,730 $8,000 $4,730
2014 $392 $12,730 $8,000 $4,730
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Space Coast MLS (Space Coast Association of REALTORS®)

MLS Number: 970712

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 24-36-29-78-00000.0-0149.00