NOT LISTED FOR SALE

1199 Jordan Ct NE Palm Bay, FL 32905

Bayfront Village Neighborhood

Estimated Value: $249,000 - $557,000

4 Beds
2 Baths
1,656 Sq Ft
$206/Sq Ft Est. Value

Last Sold January 22, 2016

Last sale price $90,000 $54 Per Sq Ft

Est. 278% increase in value since last sale

Current estimated payment $1,940/month

1 Day on Market

Highlights

  • Wood Flooring
  • No HOA
  • 1-Story Property

About This Home

As of January 2016

Fantastic opportunity to own income producing property. Two sides, both with 2 bedrooms and 1 full bath. One side has cute screened porch and the other has a larger kitchen. Both sides occupied. Great chance to get a steady stream of income with low investment!! Owner has kept this home maintained. Wood and Tile floors,full kitchens with refrigerator, dishwasher, fenced yard. Call for more information on expense and income ratios.

Last Agent to Sell the Property

Greg Ellingson

Ellingson Properties License #3066292 Listed on: 11/10/2015

Co-Listed By

Jenny Walker

Ellingson Properties License #3119425

Last Buyer's Agent

Kenneth Gordon

RE/MAX Interactive

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,686

Year Built

  • Built in 1962

Lot Details

  • 8,500

Parking

  • 4 Open Parking Spaces

Home Design

  • Duplex
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,656 Sq Ft Home
  • 1-Story Property

Flooring

  • Wood
  • Laminate
  • Tile

Schools

  • Palm Bay Elementary School
  • Stone Middle School
  • Palm Bay High School

Additional Features

  • 8,500 Sq Ft Lot
  • Cable TV Available

Listing and Financial Details

  • The owner pays for grounds care, insurance, repairs, taxes
  • Assessor Parcel Number 28-37-25-03-00002.0-0001.00

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $4,009
  • Gross Income $13,800
  • Net Operating Income $9,790

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,686

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1962
  • Reso Property Sub Type: Duplex
  • Co List Office Mls Id: elpr0
  • Co List Office Phone: 321-750-7050
  • ResoSpecialListingConditions: Standard
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Location Tax and Legal Parcel Number2: 28-37-25-03-00002.0-0001.00
  • Location Tax and Legal Elementary School: Palm Bay Elem
  • Location Tax and Legal Middle School2: Stone
  • Location Tax and Legal High School: Palm Bay
  • Location Tax and Legal Tax Annual Amount: 1685.59
  • Location Tax and Legal Tax Year2: 2013
  • General Property Information Living Area2: 1656.0
  • General Property Information Building Area Total3: 1656.0
  • General Property Information Lot Size Acres: 0.2
  • General Property Information Lot Size Square Feet2: 8500.0
  • General Property Information Waterfront YN: No
  • Appliances Refrigerators: Yes
  • Flooring Laminate: Yes
  • Flooring Tile: Yes
  • Flooring Wood: Yes
  • Levels One: Yes
  • Utilities Cable Available: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • General Property Information Lot Size Dimensions: 85.0 ft x 100.0 ft
  • General Property Information Number Of Units Total2: 2.0
  • Gross Scheduled Income: 13800.0
  • Income And Expenses Operating Expense: 4009.0
  • Utilities Sewer Connected: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Laminate, Tile, Wood
  • Appliances: Refrigerator
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Pool Features: None
  • Roof: Other
  • Acres: 0.2
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes

Garage/Parking

  • General Property Information:Garage YN: No
  • General Property Information:Open Parking Spaces2: 4.0

Utilities

  • Utilities: Cable Available, Sewer Connected, Water Available

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: Stone

Lot Info

  • Lot Dimensions: 85.0 ft x 100.0 ft
  • Lot Size Sq Ft: 8500.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2833809
  • Parcel #: 28-37-25-03-00002.0-0001.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Grounds Care, Insurance, Repairs, Taxes

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 1685.59

Multi Family

  • Number Of Units Total: 2
  • Annual Operating Expense: 4009.0
  • Income And Expenses Net Operating Income: 9790.0

MLS Schools

  • Elementary School: Palm Bay Elem
  • High School: Palm Bay

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2015
Closed on
Jan 22, 2016
Sold by
Pearson Christopher T and Pearson Kathleen F
Bought by
Colombo Vincent
Seller's Agent
Greg Ellingson
Ellingson Properties
Buyer's Agent
Kenneth Gordon
RE/MAX Interactive
List Price
$95,000
Sold Price
$90,000
Premium/Discount to List
-$5,000
-5.26%
Current Estimated Value
$340,461

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$250,461
Avg. Annual Appreciation
13.38%
Original Mortgage
$67,500
Outstanding Balance
$54,305
Interest Rate
3.99%
Estimated Equity
$247,936

Purchase Details

Closed on
Apr 12, 2001
Sold by
Leese James C
Bought by
Pearson Christopher T and Pearson Kathleen F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,600
Interest Rate
6.99%

Purchase Details

Closed on
Mar 15, 2000
Sold by
Leese James C and Leese Saundra
Bought by
Leese James C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,000
Interest Rate
8.37%
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
Colombo Vincent $90,000 The Title Co Of Brevard Inc
Pearson Christopher T $62,900 --
Leese James C $21,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Colombo Vincent $67,500
Previous Owner Pearson Christopher T $20,000
Previous Owner Pearson Christopher T $56,600
Previous Owner Leese James C $42,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2016 01/22/16 Sold $90,000 -5.3% $54 / Sq Ft
11/12/2015 11/12/15 Pending -- -- --
11/10/2015 11/10/15 For Sale $95,000 -- $57 / 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 $1,515 $182,400 -- --
2023 $1,515 $123,320 $0 $0
2022 $1,275 $98,790 $0 $0
2021 $1,134 $76,250 $0 $0
2020 $1,097 $74,540 $0 $0
2019 $1,889 $80,480 $20,000 $60,480
2018 $1,812 $77,000 $0 $77,000
2017 $1,851 $76,000 $0 $76,000
2016 $1,669 $75,000 $0 $0
2015 $1,540 $64,000 $9,000 $55,000
2014 $1,746 $72,000 $8,000 $64,000
Source: Public Records

Agents Affiliated with this Home

  • Greg Ellingson

    Seller's Agent in 2016

    Greg Ellingson

    Ellingson Properties

    (321) 795-0021

    6 in this area

    613 Total Sales

    Greg Ellingson
    Section Image

  • J

    Seller Co-Listing Agent in 2016

    Jenny Walker

    Ellingson Properties

    Section Image

  • K

    Buyer's Agent in 2016

    Kenneth Gordon

    RE/MAX Interactive

See All Agents

Map

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

MLS Number: 739500

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-37-25-03-00002.0-0001.00

Florida Brevard County Palm Bay 32905 Bayfront Village

1199 Jordan Ct NE, Palm Bay, FL

This home is located at 1199 Jordan Ct NE, Palm Bay, FL 32905 since 10 November 2015 and is currently estimated at $340,461, approximately $205 per square foot. This property was built in 1962. 1199 Jordan Ct NE is a home located in Brevard County with nearby schools including Palm Bay Elementary School, Stone Magnet Middle School, and Palm Bay Magnet Senior High School.

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.

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