NOT LISTED FOR SALE

107 Spears Ln Melbourne, FL 32935

Studio
1 Bath
1,137 Sq Ft
10,019 Sq Ft Lot

Last Sold March 30, 2012

Last sale price $27,000 $24 Per Sq Ft

1,351 Days on Market

Highlights

  • Wooded Lot
  • No HOA
  • Tile Flooring

About This Home

As of March 2012

MUST SELL - FIRE SALE - AS ISAdorable, totally renovated cottages right off Aurora Road in Melbourne.1 unit leased; 2 will be shortly. Three one bedroom cottages gross nearly $1,100 a month!!! Expenses are $5,330.14 per year. Each cottage is painted a different charming color and all kitchens, baths etc have been renovated. Great investment!Please call for a personal tour.

Last Agent to Sell the Property

Michael Pruitt

Coldwell Banker Residential R.E. LLC Listed on: 08/27/2008

Property Details

Home Type

  • Multi-Family

Lot Details

  • 10,019 Sq Ft Lot
  • Street terminates at a dead end
  • Wooded Lot

Home Design

  • Triplex
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,137 Sq Ft Home
  • Tile Flooring
  • Electric Range

Listing and Financial Details

  • The owner pays for electricity, gas, insurance, taxes, trash collection
  • Assessor Parcel Number 27371800007541000000

Community Details

Overview

  • No Home Owners Association
  • N 1/2 Of Ne 1/4 And Ex Orb 2392 Subdivision

Building Details

  • Operating Expense $5,330
  • Gross Income $13,188
  • Net Operating Income $7,858

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Reso Property Sub Type: Triplex
  • ResoLotFeatures: Dead End Street, Wooded
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: N 1/2 of NE 1/4 and Ex Orb 2392
  • Carport Y N: No
  • Garage Yn: No
  • Location Tax and Legal Parcel Number2: 27371800007541000000
  • Location Tax and Legal Tax Annual Amount: 1394.29
  • Location Tax and Legal Tax Year2: 2010
  • General Property Information Building Area Total3: 1137.0
  • General Property Information Lot Size Acres: 0.23
  • General Property Information Lot Size Square Feet2: 10018.8
  • General Property Information Waterfront YN: No
  • Appliances Refrigerators: Yes
  • Flooring Tile: Yes
  • Lot Features Dead End Street: Yes
  • Roof:Shingle: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • Gross Scheduled Income: 13188.0
  • Income And Expenses Operating Expense: 5330.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Tile
  • Appliances: Electric Range, Refrigerator
  • ResoLivingAreaSource: Other
  • Appliances:Electric Range: Yes

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Acres: 0.23
  • Waterfront: No
  • Construction Type: Stucco
  • Construction Materials:Stucco: Yes
  • Lot Features:Wooded: Yes

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

  • Utilities: Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Lot Size Sq Ft: 10018.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 27371800007541000000
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Electricity, Gas, Insurance, Taxes, Trash Collection

Tax Info

  • Tax Year: 2010
  • Tax Annual Amount: 1394.29

Multi Family

  • Annual Operating Expense: 5330.0
  • Income And Expenses Net Operating Income: 7858.0

Range of Values:

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Value Increase
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Percent Increase
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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

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2012 03/30/12 Sold $27,000 -74.9% $24 / Sq Ft
03/05/2012 03/05/12 Pending -- -- --
06/23/2008 06/23/08 For Sale $107,700 -- $95 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2012

    Michael Pruitt

    Coldwell Banker Residential R.E. LLC

See All Agents

Map

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

MLS Number: 518459

Space Coast MLS (Space Coast Association of REALTORS®)
Florida Brevard County Melbourne 32935

107 Spears Ln, Melbourne, FL

Not Listed for Sale

MultiFamily

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Space Coast MLS (Space Coast Association of REALTORS®) 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.

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