NOT LISTED FOR SALE

106 Barton Ave Rockledge, FL 32955

Estimated Value: $304,592 - $472,000

Studio
-- Bath
4,929 Sq Ft
$72/Sq Ft Est. Value

Last Sold May 22, 2019

Last sale price $398,000 $81 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $1,958/month

48 Days on Market

Highlights

  • The property is located in a historic district
  • 0.51 Acre Lot
  • 1-Story Property
  • Rockledge Senior High School Rated A-
  • No HOA
  • Central Air

About This Home

As of May 2019

The addresses are 106, 108 and 110 Barton Ave., Rockledge. This is an investors dream, 3 buildings, currently 5 units but potential galore. One unit commercially leased, others leased but open to upgrades. Legal and details of listing reflex one building only. One block from Rockledge hospital. Perfect location for medical support business, doctors office, professional office space, could be convenient housing for medical staff, cottage appearance matching historic Rockledge, excellent opportunity for owner use and rental income in excellent location.

An easement is to be created to allow access from 103 Longwood Ave. to Barton Ave. Currently the access runs between the east two buildings of this property.

There is a 3 year lease in place for the far east building.

Last Agent to Sell the Property

Sue Nisbet

Nisbet Realty, Inc. License #185587 Listed on: 01/10/2019

Last Buyer's Agent

Joe Kovac

Kovac Real Estate License #3253209

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,038

Year Built

  • Built in 1950

Lot Details

  • 0.51

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 4,929 Sq Ft Home
  • 1-Story Property

Schools

  • Tropical Elementary School
  • Mcnair Middle School
  • Rockledge High School

Additional Features

  • 0.51 Acre Lot
  • The property is located in a historic district
  • Central Air

Listing and Financial Details

  • The owner pays for insurance, taxes
  • Assessor Parcel Number 25-36-04-78-00003.0-0014, 15, 1615.00

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 5 Units

Building Details

  • Operating Expense $42,144
  • Gross Income $47,751
  • Net Operating Income $5,607

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,038

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1950
  • Reso Property Sub Type: Multi Family
  • ResoLotFeatures: Historic Area
  • Road Surface Type: Paved
  • ResoSpecialListingConditions: Standard
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Location Tax and Legal Parcel Number2: 25-36-04-78-00003.0-0014, 15, 1615.00
  • Location Tax and Legal Elementary School: Tropical
  • Location Tax and Legal Middle School2: McNair
  • Location Tax and Legal High School: Rockledge
  • Location Tax and Legal Tax Annual Amount: 7038.0
  • Location Tax and Legal Tax Year2: 2018
  • General Property Information Living Area2: 4929.0
  • General Property Information Building Area Total3: 4929.0
  • General Property Information Lot Size Acres: 0.51
  • General Property Information Lot Size Square Feet2: 22215.0
  • General Property Information Waterfront YN: No
  • General Property Information Senior Community YN: No
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Levels One: Yes
  • Roof:Shingle: Yes
  • Utilities Electricity Connected: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • Lot Features Historic Area: Yes
  • General Property Information Number Of Units Total2: 5.0
  • Gross Scheduled Income: 47751.0
  • Income And Expenses Operating Expense: 42144.0
  • General Property Information Number Of Buildings2: 3.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other
  • Appliances: Other
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Acres: 0.51
  • Waterfront: No
  • Construction Type: Block, Concrete
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Electricity Connected, Water Available
  • Cooling Y N: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: McNair

Lot Info

  • Lot Size Sq Ft: 22215.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 25-36-04-78-00003.0-0014, 15, 1615.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Insurance, Taxes, Other

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 7038.0

Multi Family

  • Number Of Units Total: 5
  • Annual Operating Expense: 42144.0
  • Income And Expenses Net Operating Income: 5607.0

MLS Schools

  • Elementary School: Tropical
  • High School: Rockledge

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 23, 2020
Sold by
Kovac Joseph
Bought by
Kovac Joseph and Kovac Rebecca
Current Estimated Value
$346,076

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,000
Outstanding Balance
$114,848
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$239,550

Purchase Details

Listed on
Jan 10, 2019
Closed on
May 22, 2019
Sold by
Triple S Llc
Bought by
Kovac Joe
Seller's Agent
Sue Nisbet
Nisbet Realty, Inc.
Buyer's Agent
Joe Kovac
Kovac Real Estate
List Price
$459,000
Sold Price
$398,000
Premium/Discount to List
-$61,000
-13.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.72%
Original Mortgage
$81,800
Interest Rate
4.2%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 29, 2003
Sold by
Podnos Steven D and Deligdish Sharon F
Bought by
Triple S Llc
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
Kovac Joseph -- Countywide T&E Corp
Kovac Joe $398,000 Countywide T&E Corp
Triple S Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kovac Joseph $129,000
Previous Owner Kovac Joe $81,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/22/2019 05/22/19 Sold $398,000 -13.3% $81 / Sq Ft
02/28/2019 02/28/19 Pending -- -- --
01/10/2019 01/10/19 For Sale $459,000 -- $93 / 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 $1,937 $154,490 -- --
2024 $1,911 $125,290 -- --
2023 $1,911 $130,070 -- --
2022 $1,638 $108,350 $0 $0
2021 $1,495 $84,800 $29,110 $55,690
2020 $1,885 $105,730 $29,110 $76,620
2019 $2,350 $129,450 $29,110 $100,340
2018 $2,329 $121,660 $29,110 $92,550
2017 $2,175 $107,000 $0 $107,000
2016 $2,188 $104,000 $0 $0
2015 $2,069 $95,000 $20,410 $74,590
2014 $2,045 $93,000 $20,410 $72,590
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2019

    Sue Nisbet

    Nisbet Realty, Inc.

    (321) 431-7639

    5 in this area

    41 Total Sales

    Sue Nisbet
    Section Image
  • Joe Kovac

    Buyer's Agent in 2019

    Joe Kovac

    Kovac Real Estate

    (321) 544-2511

    1 in this area

    14 Total Sales

    Joe Kovac
    Section Image
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Map

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

MLS Number: 833690

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 25-36-04-78-00003.0-0014.00

Florida Brevard County Rockledge 32955

106 Barton Ave, Rockledge, FL

Not Listed for Sale

MultiFamily

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