NOT LISTED FOR SALE

Estimated Value: $192,000 - $293,000

2 Beds
1 Bath
2,208 Sq Ft
$106/Sq Ft Est. Value

Last Sold February 26, 2018

Last sale price $103,000 $47 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $1,526/month

35 Days on Market

Highlights

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

About This Home

As of February 2018

UNIQUE INVESTMENT OPPORTUNITY! Look at the current income generated from this property. Owner motivated. Property is made up of three rental units. Duplex built in 1967 sits near the front of the property. Unit 'A' has 575 sq. ft. is 1 bedroom, 1 bath. Unit 'B' has 690 sq. ft. is 2 bedrooms, 1 bath. Unit 'C', single family home, sits to the rear of the property with 1400 sq. ft. 2 bedrooms, 1 bath and laundry room. Roofs replaced in 2008 for both buildings. Exterior needs some work, interior in good condition. Mostly tile throughout. Bathrooms, tile showers and floors.Tenants in Units 'A' & 'C' are friends and family, therefore, are paying less than current area market rental rates. All units have tile and wood laminate throughout. Unit 'A' is very cluttered, long time tenant.

Last Agent to Sell the Property

Marcus Gilbert

Trafford Realty Co. License #709228 Listed on: 12/19/2017

Last Buyer's Agent

Justin Parsons

EXP Realty, LLC License #3359801

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,531

Year Built

  • Built in 1930

Lot Details

  • 0.28 Acre Lot

Parking

  • 5 Open Parking Spaces

Home Design

  • Duplex
  • Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2,208 Sq Ft Home
  • 1-Story Property
  • Electric Range

Flooring

  • Tile
  • Vinyl

Laundry

  • Dryer
  • Washer

Schools

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

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Air
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • The owner pays for sewer, taxes, trash collection, water
  • Assessor Parcel Number 24-36-32-03-00000.0-0028.00

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $2,500
  • Gross Income $21,600
  • Net Operating Income $19,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,531

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1930
  • Reso Property Sub Type: Duplex
  • ResoLaundryFeatures: Electric Dryer Hookup
  • Road Surface Type: Paved
  • ResoSpecialListingConditions: Standard
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Location Tax and Legal Parcel Number2: 24-36-32-03-00000.0-0028.00
  • Location Tax and Legal Elementary School: Endeavour
  • Location Tax and Legal Middle School2: Cocoa
  • Location Tax and Legal High School: Cocoa
  • Location Tax and Legal Tax Annual Amount: 1531.0
  • Location Tax and Legal Tax Year2: 2017
  • General Property Information Living Area2: 2208.0
  • General Property Information Building Area Total3: 2624.0
  • General Property Information Lot Size Acres: 0.28
  • General Property Information Lot Size Square Feet2: 12197.0
  • General Property Information Waterfront YN: No
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Levels One: Yes
  • Roof:Shingle: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • Flooring Vinyl: Yes
  • General Property Information Number Of Units Total2: 3.0
  • Gross Scheduled Income: 21600.0
  • Income And Expenses Operating Expense: 2500.0
  • Cooling WallWindow Unit(s): Yes
  • Owner Pays:Sewer2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Acres: 0.28
  • Waterfront: No
  • Construction Type: Frame, Wood Siding
  • Construction Materials:Frame: Yes
  • Construction Materials:Wood Siding: Yes

Garage/Parking

  • General Property Information:Garage YN: No
  • General Property Information:Open Parking Spaces2: 5.0

Utilities

  • Cooling: Central Air, Wall/Window Unit(s)
  • Utilities: Cable Available, Electricity Connected, Water Available
  • Cooling Y N: Yes
  • Water Source: Public
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: Cocoa

Lot Info

  • Lot Size Sq Ft: 12197.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2424331
  • Parcel #: 24-36-32-03-00000.0-0028.00
  • ResoLotSizeUnits: Acres

Rental Info

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

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 1531.0

Multi Family

  • Number Of Units Total: 3
  • Annual Operating Expense: 2500.0
  • Income And Expenses Net Operating Income: 19100.0

MLS Schools

  • Elementary School: Endeavour
  • High School: Cocoa

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 4, 2022
Sold by
English Brown Property Investments Llc
Bought by
White Alex Todd and White Julie Rose
Current Estimated Value
$235,113

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,700
Outstanding Balance
$183,125
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$51,988

Purchase Details

Closed on
Jun 6, 2019
Sold by
White Alan T and White Julie R
Bought by
English Brown Property Investments Llc

Purchase Details

Listed on
Dec 19, 2017
Closed on
Feb 26, 2018
Sold by
Greear Michael W and Greear Michael Wayne
Bought by
White Alan T and White Julie R
Seller's Agent
Marcus Gilbert
Trafford Realty Co.
Buyer's Agent
Justin Parsons
EXP Realty, LLC
List Price
$144,900
Sold Price
$103,000
Premium/Discount to List
-$41,900
-28.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.75%
Original Mortgage
$77,000
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 15, 2011
Sold by
Brown Melissa L
Bought by
Greear Michael W

Purchase Details

Closed on
Oct 25, 1996
Sold by
Redmon Lillian S and Doser Leona Josephine
Bought by
Greear Michael Wayne and Redmon Lillian S
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
White Alex Todd -- Pineywoods Title
English Brown Property Investments Llc -- Attorney
White Alan T $103,000 Liberty Title Co
Greear Michael W $17,000 None Available
Greear Michael Wayne -- --
Redmon Lillian S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open White Alex Todd $196,700
Previous Owner White Alan T $77,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2018 02/26/18 Sold $103,000 -28.9% $47 / Sq Ft
12/28/2017 12/28/17 Pending -- -- --
11/22/2017 11/22/17 For Sale $144,900 -- $66 / 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 $2,732 $107,970 $8,000 $99,970
2022 $2,543 $107,400 $0 $0
2021 $2,371 $79,990 $8,000 $71,990
2020 $2,327 $83,000 $8,000 $75,000
2019 $2,201 $83,580 $8,000 $75,580
2018 $1,647 $64,800 $8,000 $56,800
2017 $1,531 $51,040 $8,000 $43,040
2016 $1,489 $46,970 $8,000 $38,970
2015 $1,410 $40,310 $8,000 $32,310
2014 $1,387 $38,340 $8,000 $30,340
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 798934

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 24-36-32-03-00000.0-0028.00