NOT LISTED FOR SALE

1118 Peachtree St Unit AD Cocoa, FL 32922

Diamond Square Neighborhood

Estimated Value: $364,000 - $434,196

2 Beds
2 Baths
1,992 Sq Ft
$204/Sq Ft Est. Value

Last Sold April 21, 2023

Last sale price $440,000 $221 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $2,641/month

19 Days on Market

Highlights

  • No HOA
  • 1-Story Property
  • Vinyl Flooring
  • Cooling System Mounted To A Wall/Window

About This Home

As of April 2023

Great Quadraplex - $4400 a month income. Owner pays water/trash $270/Mo, Separate electric meters, tenants pay electric bill. Taxes are $ 4,140.78. Insurance $4846.70. Roof is a 7 year old metal roof, good long-term tenants, sidewalks, municipal electric, water and sewer. Great location with a community garden next door. Child care center two properties over. Sams Club, Merritt Square Mall, Home Depot, all within 1/4 mile. Ulamay Wildlife Sanctuary, Cocoa Beach, Pine Park & Provost Park nearby.

Last Listed By

Michael Mullvain

Westin Realty Group, Inc License #617262 Listed on: 04/03/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,313

Year Built

  • Built in 1962

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 147 x 50

Parking

  • Assigned Parking

Home Design

  • Quadruplex
  • Metal Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 1,992 Sq Ft Home
  • 1-Story Property

Flooring

  • Laminate
  • Vinyl

Schools

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

Utilities

  • Cooling System Mounted To A Wall/Window
  • Separate Meters

Listing and Financial Details

  • The owner pays for insurance, sewer, taxes, trash collection, water
  • Assessor Parcel Number 24-36-32-02-0000g.0-0019.00

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Operating Expense $14,866
  • Gross Income $52,800
  • Net Operating Income $37,934

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,313

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1962
  • Reso Property Sub Type: Quadruplex
  • Road Surface Type: Paved
  • ResoSpecialListingConditions: Standard
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Appliances Refrigerators: Yes
  • Gross Scheduled Income: 52800.0
  • Income And Expenses Operating Expense: 14866.0
  • Owner Pays:Sewer2: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Laminate, Vinyl
  • Appliances: Refrigerator
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Pool Features: None
  • Roof: Metal
  • Acres: 0.17
  • Waterfront: No
  • Construction Type: Block, Concrete
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • ConstructionSiding:Roof Metal: Yes

Garage/Parking

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

Utilities

  • Cooling: Wall/Window Unit(s)
  • Utilities: Electricity Connected, Sewer Connected, Water Available, Separate Electric Meters
  • Cooling Y N: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: Cocoa

Lot Info

  • Lot Dimensions: 147 X 50
  • Lot Size Sq Ft: 7405.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2424265
  • Parcel #: 24-36-32-02-0000g.0-0019.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Insurance, Sewer, Taxes, Trash Collection, Water, Other

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4313.31

Multi Family

  • Number Of Units Total: 4
  • Annual Operating Expense: 14866.0
  • Income And Expenses Net Operating Income: 37934.0

MLS Schools

  • Elementary School: Endeavour
  • High School: Cocoa

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2023
Closed on
Apr 21, 2023
Sold by
Arnau Justin G and Arnau Ashley
Bought by
Equity Trust Co and David Smyth Ira
Seller's Agent
Michael Mullvain
Westin Realty Group, Inc
Buyer's Agent
Jonathan Krauser
J. Edwards Real Estate
List Price
$450,000
Sold Price
$440,000
Premium/Discount to List
-$10,000
-2.22%
Total Days on Market
19
Views
6
Current Estimated Value
$406,799

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$33,201
Avg. Annual Appreciation
-5.63%

Purchase Details

Closed on
Jun 17, 2021
Sold by
Brito Commercial Investment Inc
Bought by
Arnau Justin G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,888
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Closed on
May 14, 2020
Sold by
Brito George
Bought by
Brito Commercial Investment Inc

Purchase Details

Closed on
Feb 18, 2020
Sold by
Caputist Investments Llc
Bought by
Brito George

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,250
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2018
Sold by
Gibson Diane
Bought by
Caputis Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
10%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 2004
Sold by
Bellina Mary H
Bought by
Gibson Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,500
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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Average Value
Not Available
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
Arnau Justin G $240,000 Gold Service Ttl Ins Agcy Co
Brito Commercial Investment Inc -- Attorney
Brito George $151,000 None Available
Caputis Investments Llc $93,000 First Class Title Llc
Gibson Diane $115,000 Fidelity National Title Insu
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arnau Justin G $222,888
Previous Owner Brito George $113,250
Previous Owner Caputis Investments Llc $130,000
Previous Owner Gibson Diane $103,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2023 04/21/23 Sold $440,000 -2.2% $221 / Sq Ft
04/05/2023 04/05/23 Pending -- -- --
04/03/2023 04/03/23 For Sale $450,000 0.0% $226 / Sq Ft
04/03/2023 04/03/23 Price Changed $450,000 -4.3% $226 / Sq Ft
03/23/2023 03/23/23 Pending -- -- --
03/19/2023 03/19/23 Price Changed $470,000 0.0% $236 / Sq Ft
03/19/2023 03/19/23 For Sale $470,000 +4.4% $236 / Sq Ft
03/17/2023 03/17/23 Pending -- -- --
03/16/2023 03/16/23 For Sale $450,000 -- $226 / 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
2023 $4,495 $201,600 $4,200 $197,400
2022 $4,313 $205,200 $0 $0
2021 $3,278 $114,780 $4,200 $110,580
2020 $2,805 $106,660 $4,200 $102,460
2019 $2,518 $74,800 $4,200 $70,600
2018 $2,323 $73,000 $0 $73,000
2017 $2,284 $70,000 $0 $70,000
2016 $2,191 $65,000 $0 $0
2015 $2,140 $61,600 $4,000 $57,600
2014 $1,840 $56,000 $4,000 $52,000
Source: Public Records

Agents Affiliated with this Home

  • Michael Mullvain

    Seller's Agent in 2023

    Michael Mullvain

    Westin Realty Group, Inc

    (407) 782-7799

    3 in this area

    46 Total Sales

    Michael Mullvain
    Section Image
  • Jonathan Krauser

    Buyer's Agent in 2023

    Jonathan Krauser

    J. Edwards Real Estate

    (321) 626-0015

    1 in this area

    184 Total Sales

    Jonathan Krauser
    Section Image
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Map

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

MLS Number: 959864

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 24-36-32-02-0000G.0-0019.00

Florida Brevard County Cocoa 32922 Diamond Square

1118 Peachtree St Unit AD, Cocoa, FL

Homes for Sale in Cocoa, FL

This home is located at 1118 Peachtree St Unit AD, Cocoa, FL 32922 since 03 April 2023 and is currently estimated at $406,799, approximately $204 per square foot. This property was built in 1962. 1118 Peachtree St Unit AD is a home located in Brevard County with nearby schools including Endeavour Elementary Magnet, Cocoa High School, and Emma Jewel Charter Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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.