NOT LISTED FOR SALE

1424 Croftwood Dr Melbourne, FL 32935

Estimated Value: $265,000 - $316,000

4 Beds
3 Baths
1,456 Sq Ft
$197/Sq Ft Est. Value

Last Sold May 25, 2017

Last sale price $157,000 $108 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $1,730/month

68 Days on Market

Highlights

  • Waterfront
  • 2 Car Attached Garage
  • 1-Story Property
  • No HOA
  • Tile Flooring
  • Central Air

About This Home

As of May 2017

*PERFECT FOR SNOWBIRDS* List price includes both sides. Live in one side, rent out the other.Each unit has: 1 13x14 Bdrm w/5x8 walk-in closet W/ attic storage and 1 full bath. Large hall closet and pantry. New roof in 2012. Both HVAC units replaced in 2015. Each unit has a 1 car garage w/attic storage, upgraded garage door, and washer/dryer hook-ups. Screened porches and separate privacy fenced back yards on both sides. Close to Golf, Shopping, Fishing, and Beaches. A short commute to Melbourne International Airport. Left side unit is tenant occupied on a month to month basis and he has lived there 20 yrs and helps with maintenance.Right side is freshly painted and move-in ready!!

Last Agent to Sell the Property

Judith Lewis

SunCoast Real Estate Group Listed on: 03/12/2017

Last Buyer's Agent

Judith Lewis

EXP Realty, LLC License #3157798

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,823

Year Built

  • Built in 1980

Lot Details

  • 8,712 Sq Ft Lot
  • Waterfront

Parking

  • 2 Car Attached Garage
  • 2 Open Parking Spaces

Home Design

  • Duplex
  • Shingle Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 1,456 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Dishwasher
  • Electric Dryer Hookup

Schools

  • Creel Elementary School
  • Johnson Middle School
  • Eau Gallie High School

Farming

  • Drainage Canal

Utilities

  • Central Air
  • Cable TV Available

Listing and Financial Details

  • The owner pays for exterior maintenance, grounds care, insurance, pest control, repairs, taxes
  • Assessor Parcel Number 27-37-17-08-0000b.0-0008.00

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $4,000
  • Gross Income $7,400
  • Net Operating Income $3,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,823

Year Built

Built in 1980

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Year Built: 1980
  • Reso Property Sub Type: Duplex
  • ResoLaundryFeatures: Electric Dryer Hookup
  • ResoLotFeatures: Drainage Canal
  • ResoSpecialListingConditions: Standard
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Location Tax and Legal Parcel Number2: 27-37-17-08-0000b.0-0008.00
  • Location Tax and Legal Elementary School: Creel
  • Location Tax and Legal Middle School2: Johnson
  • Location Tax and Legal High School: Eau Gallie
  • Location Tax and Legal Tax Annual Amount: 1823.45
  • Location Tax and Legal Tax Year2: 2016
  • General Property Information Living Area2: 1456.0
  • General Property Information Building Area Total3: 2218.0
  • General Property Information Lot Size Acres: 0.2
  • General Property Information Lot Size Square Feet2: 8712.0
  • General Property Information Waterfront YN: No
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Flooring Tile: 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
  • General Property Information Number Of Units Total2: 2.0
  • General Property Information Water Frontage Feet: 2
  • Gross Scheduled Income: 7400.0
  • Income And Expenses Operating Expense: 4000.0
  • Lot Features Drainage Canal: Yes
  • Utilities Sewer Connected: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Tile
  • Appliances: Dishwasher, Refrigerator
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes

Exterior Features

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

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached
  • Total Parking Spaces: 4.0
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Attached: Yes
  • General Property Information:Parking Total: 4.0
  • General Property Information:Open Parking Spaces2: 2.0

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Cable Available, Electricity Connected, Sewer Connected, Water Available
  • 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: Johnson

Lot Info

  • Lot Size Sq Ft: 8712.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2718575
  • Parcel #: 27-37-17-08-0000b.0-0008.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Exterior Maintenance, Grounds Care, Insurance, Pest Control, Repairs, Taxes

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 1823.45

Multi Family

  • Number Of Units Total: 2
  • Annual Operating Expense: 4000.0
  • Income And Expenses Net Operating Income: 3400.0

MLS Schools

  • Elementary School: Creel
  • High School: Eau Gallie

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2017
Closed on
May 25, 2017
Sold by
Ralston David J
Bought by
Williams John Ameen
Seller's Agent
Judith Lewis
SunCoast Real Estate Group
Buyer's Agent
Judith Lewis
EXP Realty, LLC
List Price
$174,900
Sold Price
$157,000
Premium/Discount to List
-$17,900
-10.23%
Current Estimated Value
$286,308

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,308
Avg. Annual Appreciation
7.03%
Original Mortgage
$160,375
Interest Rate
3.97%
Mortgage Type
VA

Purchase Details

Closed on
Jan 29, 1996
Sold by
James Walter T and James Alice B
Bought by
Ralston David J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
7.2%
Source: Public Records

Range of Values:

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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
Williams John Ameen $157,000 Supreme Title Closing Llc
Ralston David J $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams John Ameen $154,360
Closed Williams John Ameen $160,375
Previous Owner Ralston David J $63,000
Previous Owner Ralston David J $119,875
Previous Owner Ralston David J $122,500
Previous Owner Ralston David J $20,000
Previous Owner Ralston David J $48,587
Previous Owner Ralston David J $63,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2017 05/25/17 Sold $157,000 -10.2% $108 / Sq Ft
04/14/2017 04/14/17 Pending -- -- --
02/04/2017 02/04/17 For Sale $174,900 -- $120 / 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 $2,465 $249,600 -- --
2023 $2,465 $185,270 $0 $0
2022 $2,157 $162,530 $0 $0
2021 $2,032 $139,850 $0 $0
2020 $2,012 $137,490 $0 $0
2019 $1,950 $129,450 $0 $0
2018 $1,918 $125,000 $0 $125,000
2015 $1,697 $71,500 $17,000 $54,500
2014 $1,546 $65,000 $17,000 $48,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    Judith Lewis

    SunCoast Real Estate Group

See All Agents

Map

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

MLS Number: 774949

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-37-17-08-0000B.0-0008.00

Florida Brevard County Melbourne 32935

1424 Croftwood Dr, Melbourne, FL

This home is located at 1424 Croftwood Dr, Melbourne, FL 32935 since 12 March 2017 and is currently estimated at $286,308, approximately $196 per square foot. This property was built in 1980. 1424 Croftwood Dr is a home located in Brevard County with nearby schools including Dr. W.J. Creel Elementary School, Lyndon B. Johnson Middle School, and Eau Gallie 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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