NOT LISTED FOR SALE

1408 N Lakemont Dr Cocoa, FL 32922

Estimated Value: $184,741 - $201,000

3 Beds
1 Bath
1,000 Sq Ft
$193/Sq Ft Est. Value

Last Sold December 12, 2019

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

Est. 258% increase in value since last sale

Current estimated payment $1,244/month

2 Days on Market

Highlights

  • No HOA
  • Fenced
  • No Heating
  • West Facing Home

About This Home

As of December 2019

This home needs extensive repairs and updating but could be great flip, rental or starter home for the right person.

Terms are: Cash - no inspection period - no assignability - close in 20 days or less - using our title company – Earnest money check must be sent with any offer for it to be considered. Possible owner financing with $10,000 down @ 10% interest for credit worthy buyers that are going to owner occupy. Hard money loans require non-refundable EMD.

Buyers to verify all measurements and information. Corporate seller that has never occupied the property and has no disclosures. Owner/Listing Agent has no idea if the appliances/HAVC/water heater are in working condition if they exist in the property. Buyer will pay a $500 closing fee plus other cost/fees/taxes to complete a cash transaction on this property and $750 closing fee on loan transactions. Buyer to perform any inspections and due diligence before making an offer. Seller will allow potential buyers to turn on utilities at potential buyer’s expense. Listing agent has no information or disclosures about this property, all information is gathered thru public records. Room sizes are estimated. Use FAR/BAR As-Is contract only.

No Blind Offers – Easy to see – Combo lockbox – Buyers agent commission.

Last Listed By

Greg Klesius

GULF COAST FISHING HOMES RLTY License #3297347 Listed on: 12/03/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,115

Year Built

  • Built in 1969

Lot Details

  • 9,148 Sq Ft Lot
  • West Facing Home
  • Fenced
  • Property is zoned RU17

Home Design

  • 1,000 Sq Ft Home
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • No Cooling
  • No Heating

Community Details

  • No Home Owners Association
  • Cocoa Hills Sub Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,115

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1000
  • Lot Size Acres: 0.21
  • New Construction: No
  • Year Built: 1969
  • Lot Size Sq Ft: 9148
  • Directions to Property: From US-1 onto Dixon Blvd / CR-503 then Turn right onto Fiske Blvd N then Turn left onto Westview Dr, and then immediately turn right onto N Lakemont Dr
  • Status: Sold
  • Street Direction: N
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/W7818552?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/W7818552?w=Customer
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.98182
  • Price per Sq Ft: 54
  • Close to Original List Price Ratio: 0.98182
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Other
  • Full Bathrooms: 1
  • Interior Amenities: Other
  • Appliances Included: None
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Street Number Modifier: 1408
  • Room Count: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: West
  • Exterior Features: Fenced
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12009C0340G
  • Disclosures: None

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No

Utilities

  • Utilities: Electricity Available
  • Cooling: None
  • Heating: None
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: No

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Approval Required YN: No

Lot Info

  • Zoning: RU17
  • Parcel Number: 24-36-20-BW-00000.0-0248.00
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Flood Zone Date: 2014-03-17
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No
  • Additional Lease Restrictions: Buyers to verify all measurements and information.

Tax Info

  • Tax Annual Amount: 1115
  • Tax Block: 0
  • Tax Book Number: 13-88
  • Tax Lot: 248

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2019
Closed on
Dec 9, 2019
Sold by
Morningside Funding Llc
Bought by
Mayic Edwin Ramirez and Cardona Haidy Tomasa De La Cruz
Seller's Agent
Greg Klesius
GULF COAST FISHING HOMES RLTY
Buyer's Agent
Stellar Non-Member Agent
Stellar Non-Member Office
List Price
$55,000
Sold Price
$54,000
Premium/Discount to List
-$1,000
-1.82%
Total Days on Market
2
Current Estimated Value
$193,435

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,435
Avg. Annual Appreciation
25.93%

Purchase Details

Closed on
Sep 16, 2019
Sold by
Lally Richard A
Bought by
Morningside Funding Llc

Purchase Details

Closed on
Jul 16, 2012
Sold by
Federal National Mortgage Association
Bought by
Morningside Funding Llc

Purchase Details

Closed on
Apr 10, 2012
Sold by
Fawcett Byron S and Fawcett Carol S
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 20, 1996
Sold by
Dynes Eva M
Bought by
Fawcett Byron S and Fawcett Carol S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,450
Interest Rate
7.57%

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
Mayic Edwin Ramirez $54,000 Americas Title Corporation
Morningside Funding Llc -- Attorney
Morningside Funding Llc $18,968 Servicelink
Federal National Mortgage Association -- None Available
Fawcett Byron S $45,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fawcett Byron $94,000
Previous Owner Fawcett Byron S $71,152
Previous Owner Fawcett Byron J $45,929
Previous Owner Fawcett Byron S $45,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2019 12/12/19 Sold $54,000 -1.8% $54 / Sq Ft
12/05/2019 12/05/19 Pending -- -- --
12/03/2019 12/03/19 For Sale $55,000 -- $55 / Sq Ft
Source: Stellar MLS

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 $1,987 $129,610 $0 $0
2022 $1,685 $112,460 $0 $0
2021 $1,392 $64,710 $25,000 $39,710
2020 $1,230 $50,690 $20,000 $30,690
2019 $1,254 $55,630 $15,000 $40,630
2018 $1,115 $50,980 $10,000 $40,980
2017 $1,021 $40,990 $8,000 $32,990
2016 $1,030 $42,130 $10,000 $32,130
2015 $957 $36,150 $10,000 $26,150
2014 $884 $34,650 $10,000 $24,650
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: W7818552

Stellar MLS

APN: 24-36-20-BW-00000.0-0248.00