NOT LISTED FOR SALE

122 1st Ave Indialantic, FL 32903

Estimated Value: $400,000 - $501,218

1 Bed
1 Bath
1,404 Sq Ft
$317/Sq Ft Est. Value

Highlights

  • Bonus Room
  • Porch
  • Central Heating and Cooling System
  • Indialantic Elementary School Rated A-
  • 1-Story Property
  • 4-minute walk to James H. Nance Park

About This Home

As of September 2015

Almost across the street from the Ocean! 1 bedroom plus Bonus Room (converted Garage). Huge privacy fenced backyard with Shed. Spacious Great Room and Dining Room with Sliders to Back Yard with Large Patio Slab. Covered Front Porch for viewing Sunrises/Sunsets ! Freshly Painted Ready for new Tenant NOW

Last Agent to Rent the Property

Karen Nierenberg

The Nierenberg Group Listed on: 08/16/2015

Last Renter's Agent

karen Nierenberg

Mercedes Premier Realty LLC

Mercedes Premier Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,187

Year Built

  • Built in 1961

Lot Details

  • 0.28 Acre Lot
  • South Facing Home
  • Fenced

Home Design

  • Duplex

Interior Spaces

  • 1,404 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Bonus Room

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub and Shower Combination in Primary Bathroom

Schools

  • Indialantic Elementary School
  • Hoover Middle School
  • Melbourne High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Porch
  • Accessory Dwelling Unit (ADU)

Community Details

  • Call for details about the types of pets allowed

Listing and Financial Details

  • The owner pays for taxes
  • Assessor Parcel Number 27-38-31-EO-00063.0-0020.00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,187

Year Built

Built in 1961

Lot Details

0

Rental Info

  • Furnished: Unfurnished
  • Owner Pays: Taxes

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1961
  • Reso Property Sub Type: Duplex
  • Subdivision Name: None
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Location Tax and Legal Parcel Number2: 27-38-31-EO-00063.0-0020.00
  • Location Tax and Legal Elementary School: Indialantic
  • Location Tax and Legal Middle School2: Hoover
  • Location Tax and Legal High School: Melbourne
  • General Property Information Living Area2: 1404.0
  • General Property Information Lot Size Acres: 0.28
  • General Property Information Lot Size Square Feet2: 12196.8
  • General Property Information Waterfront YN: No
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: South
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Fencing Fenced2: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Levels One: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • Pets Allowed Call: Yes
  • Utilities Sewer Available: Yes
  • General Property Information Lot Size Dimensions: 100.0 ft x 125.0 ft
  • Room Types Bonus Room: Yes
  • Accessory Dwelling Information Dwelling Type: Garage
  • Utilities Electricity Available: Yes
  • General Property Information:Pool Private YN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Ceiling Fan(s), Primary Bathroom - Tub with Shower
  • Appliances: Electric Water Heater, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • ResoLivingAreaSource: PublicRecords
  • Appliances:Electric Water Heater: Yes
  • Interior Features:Ceiling Fan(s): Yes

Exterior Features

  • Pool Features: None
  • Fencing: Fenced
  • Acres: 0.28
  • Pool Private: No
  • Waterfront: No
  • Direction Faces: South
  • Patio And Porch Features: Porch
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

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

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Lot Dimensions: 100.0 ft x 125.0 ft
  • Lot Size Sq Ft: 12196.8
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2731516
  • Parcel #: 27-38-31-EO-00063.0-0020.00
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Indialantic
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 11, 2022
Sold by
Lettau and Sheryl
Bought by
Lipsky Michael F
Current Estimated Value
$444,555

Purchase Details

Closed on
May 21, 2015
Sold by
Federal National Mortgage Association
Bought by
Lettau Kurt and Lettau Sheryl

Purchase Details

Closed on
Dec 29, 2014
Sold by
Scheller Russell A and Scheller Sandra L
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 19, 1999
Sold by
Scheller Russell A
Bought by
Scheller Russell A and Scheller Sandra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,800
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 4, 1995
Sold by
Scheller Joseph S and Scheller Maria
Bought by
Scheller Russell A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,329
Interest Rate
7.58%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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
Lipsky Michael F $400,000 None Listed On Document
Lettau Kurt $201,200 Title & Abstract Agency Of A
Federal National Mortgage Association -- None Available
Scheller Russell A -- --
Scheller Russell A $92,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Scheller Russell A $80,800
Previous Owner Scheller Russell A $22,329
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/01/2015 09/01/15 Rented $1,000 0.0% --
08/18/2015 08/18/15 Under Contract -- -- --
08/16/2015 08/16/15 For Rent $1,000 -- --
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 $7,187 $405,600 -- --
2024 $6,975 $405,600 -- --
2023 $6,975 $390,000 $250,000 $140,000
2022 $5,260 $356,400 $0 $0
2021 $4,820 $276,850 $220,000 $56,850
2020 $4,531 $263,660 $170,000 $93,660
2019 $4,184 $239,700 $170,000 $69,700
2018 $3,957 $224,000 $0 $224,000
2017 $3,546 $200,000 $0 $200,000
2016 $3,169 $157,000 $0 $0
2015 $3,152 $150,000 $100,000 $50,000
2014 -- $141,000 $86,000 $55,000
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 732665

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-38-31-EO-00063.0-0020.00