NOT LISTED FOR SALE

1081 Madrid Rd Rockledge, FL 32955

Estimated Value: $231,000 - $308,352

3 Beds
2 Baths
1,788 Sq Ft
$156/Sq Ft Est. Value

Last Sold June 07, 2024

Last sale price $255,000 $143 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,552/month

89 Days on Market

Highlights

  • In Ground Pool
  • No HOA
  • Terrazzo Flooring
  • Rockledge Senior High School Rated A-
  • Screened Porch
  • Central Heating and Cooling System

About This Home

As of June 2024

Investor Alert! Seller is motivated and needs to move! This 3 bed, 2 bath concrete block retreat showcases a newer metal roof and hot water heater. With terrazzo floors awaiting refinishing and a canvas waiting for your personal touch with a fresh coat of paint, this property beckons you to unleash your creativity and transform it into your dream home. Lounge by the pool, unwind in the hot tub, or envision converting the spacious shed into your ultimate haven, whether it be a captivating man cave, inspiring craft room, or seamless home extension. Immerse yourself in the excitement of nearby rocket launches from the comfort of your own backyard, all while relishing the convenience of being just moments away from shopping, the sandy shores of Cocoa Beach, and the vibrant attractions of Orlando. This is more than just a home—it's an unparalleled opportunity to create the lifestyle you've always dreamed of

Last Agent to Sell the Property

Jennifer Hendry

Blue Marlin Real Estate License #3394303 Listed on: 03/09/2024

Last Buyer's Agent

Adam Skott

Redfin Corp. License #3463025

Redfin Corp.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $801

Year Built

  • Built in 1964

Lot Details

  • 7,841 Sq Ft Lot
  • North Facing Home
  • Privacy Fence
  • Back Yard Fenced
  • Chain Link Fence
  • Many Trees

Parking

  • Off-Street Parking

Home Design

  • Metal Roof
  • Concrete Siding
  • Block Exterior
  • Asphalt
  • Stucco

Interior Spaces

  • 1,788 Sq Ft Home
  • 1-Story Property
  • Screened Porch
  • Electric Range

Flooring

  • Laminate
  • Terrazzo

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Screen Enclosure

Schools

  • Golfview Elementary School
  • Kennedy Middle School
  • Rockledge High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Kings Grant Unit 2 Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 25-36-08-26-00005.0-0002.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$801

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1964
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Many Trees
  • Road Surface Type: Asphalt
  • ResoSpecialListingConditions: Homestead, Standard
  • Subdivision Name: Kings Grant Unit 2
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 25-36-08-26-00005.0-0002.00
  • Location Tax and Legal Elementary School: Golfview
  • Location Tax and Legal Middle School2: Kennedy
  • Location Tax and Legal High School: Rockledge
  • Location Tax and Legal Tax Annual Amount: 800.62
  • Location Tax and Legal Tax Year2: 2023
  • General Property Information Living Area2: 1788.0
  • General Property Information Lot Size Acres: 0.18
  • General Property Information Lot Size Square Feet2: 7841.0
  • General Property Information New Construction YN: No
  • General Property Information Waterfront YN: No
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: North
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Flooring Laminate: Yes
  • General Property Information Community Fee(s) YN: No
  • Appliances Dryer: Yes
  • Washers: Yes
  • Levels One: Yes
  • Pets Allowed Yes: Yes
  • Pool Features In Ground: Yes
  • Pool Features Private: Yes
  • Road Surface Type Asphalt: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Fencing Chain Link: Yes
  • Flooring Terrazzo: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • Pool Features Screen Enclosure: Yes
  • Utilities Sewer Connected: Yes
  • General Property Information CDD Fee YN: No
  • Utilities Water Connected: Yes
  • General Property Information Stories2: 1
  • Fencing Back Yard: Yes
  • Architectural Style Ranch: Yes
  • Fencing Privacy: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Flooring: Laminate, Terrazzo
  • Appliances: Dryer, Electric Range, Electric Water Heater, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 1
  • ResoLivingAreaSource: Owner
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes

Exterior Features

  • Pool Features: In Ground, Private, Screen Enclosure
  • Roof: Metal
  • Fencing: Back Yard, Chain Link, Privacy
  • Acres: 0.18
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: North
  • Patio And Porch Features: Porch, Screened
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Lot Features:Many Trees: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Utilities: Cable Available, Electricity Connected, Sewer Connected, Water Connected
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: Kennedy

Lot Info

  • Current Use: Single Family
  • Lot Size Sq Ft: 7841.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2505187
  • Parcel #: 25-36-08-26-00005.0-0002.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 800.62

MLS Schools

  • Elementary School: Golfview
  • High School: Rockledge

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2024
Closed on
Jun 7, 2024
Sold by
Spera Ellen Louise and Wheeler Ellen Louise
Bought by
Brito Melissa Jjo and Zueno Pamm Jo
Seller's Agent
Jennifer Hendry
Blue Marlin Real Estate
Buyer's Agent
Adam Skott
Redfin Corp.
List Price
$369,900
Sold Price
$255,000
Premium/Discount to List
-$114,900
-31.06%
Views
72
Current Estimated Value
$278,588

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,588
Avg. Annual Appreciation
7.33%
Original Mortgage
$239,112
Outstanding Balance
$236,147
Interest Rate
7.17%
Mortgage Type
FHA
Estimated Equity
$42,441

Purchase Details

Closed on
Aug 18, 2010
Sold by
His Own Llc
Bought by
Wheeler Wallace G and Spera Ellen Louise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,771
Interest Rate
4.6%

Purchase Details

Closed on
Apr 1, 2010
Sold by
Nobles Beth M and Beneficial Florida Inc
Bought by
His Own Llc

Purchase Details

Closed on
Apr 12, 2004
Sold by
Morales Walter and Morales Wanda
Bought by
Nobles Neil L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
5.38%

Purchase Details

Closed on
May 5, 2000
Sold by
Cisco Kenneth W and Cisco Barbara L
Bought by
Morales Walter and Morales Wanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,610
Interest Rate
8.28%
Source: Public Records

Range of Values:

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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
Brito Melissa Jjo $255,000 Island Title & Escrow
Brito Melissa Jjo $255,000 Island Title & Escrow
Wheeler Wallace G $84,900 Accurate Title Group
His Own Llc $32,000 None Available
Nobles Neil L $125,000 Alliance Title Brevard Llc
Morales Walter $87,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brito Melissa Jjo $239,112
Closed Brito Melissa Jjo $239,112
Previous Owner Wheeler Wallace G $83,771
Previous Owner Nobles Neil $114,000
Previous Owner Nobles Neil L $37,190
Previous Owner Nobles Neil $21,510
Previous Owner Nobles Neil L $55,000
Previous Owner Morales Walter $25,000
Previous Owner Morales Walter $91,657
Previous Owner Morales Walter $89,610
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2024 06/07/24 Sold $255,000 -8.9% $143 / Sq Ft
06/07/2024 06/07/24 Pending -- -- --
04/30/2024 04/30/24 Price Changed $279,900 -15.2% $157 / Sq Ft
04/12/2024 04/12/24 Price Changed $329,900 -5.7% $185 / Sq Ft
03/22/2024 03/22/24 Price Changed $349,900 -5.4% $196 / Sq Ft
03/09/2024 03/09/24 For Sale $369,900 -- $207 / 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
2024 $801 $87,860 -- --
2023 $801 $85,310 $0 $0
2022 $725 $82,830 $0 $0
2021 $719 $80,420 $0 $0
2020 $712 $79,310 $0 $0
2019 $697 $77,530 $0 $0
2018 $689 $76,090 $0 $0
2017 $688 $74,530 $0 $0
2016 $703 $73,000 $30,000 $43,000
2015 $722 $72,500 $30,000 $42,500
2014 $723 $71,930 $22,000 $49,930
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 1007304

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 25-36-08-26-00005.0-0002.00