NOT LISTED FOR SALE

1456 Melrose St Cocoa, FL 32922

Estimated Value: $250,000 - $333,000

3 Beds
1 Bath
2,408 Sq Ft
$115/Sq Ft Est. Value

Last Sold July 20, 2022

Last sale price $250,000 $104 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,782/month

50 Days on Market

Highlights

  • Open Floorplan
  • Mini Split Air Conditioners
  • Outdoor Storage
  • No HOA
  • Sliding Doors
  • Combination Dining and Living Room

About This Home

As of July 2022

Looking for a perfect investment property located in an Opportunity Zone? Look no more! There are two buildings on property which one is a 3/2 with 1,368 of heated square feet (Market Rent $1500-$1800 a month). and The front building has two units with 2/1 of about 520 square feet each. Main home has brand NEW AC UNITS, FLOORING, PAINT, WATER HEATERS (3 UNITS) and ROOF. The other building has one unit rented and the other is vacant (Market Rent 2/1 $900-$1000 a month). The current unit rented is on a month to month lease. Access to units are easy and there are enough parking areas for each of the units. This home is located within 25 minutes from the beach, Kennedy Space Center, major highways, shopping areas, and major medical facilities. This is on an Opportunity Zone (More Info: https://www.floridajobs.org/business-growth-and-partnerships/for-businesses-and-entrepreneurs/business-resource/opportunity-zones). This homes comes with much investment opportunities so will go fast!!

Last Agent to Sell the Property

Lizette Hernandez

EXP REALTY LLC License #3281775 Listed on: 05/21/2022

EXP REALTY LLC

Last Buyer's Agent

Stellar Non-Member Agent

STELLAR NON-MEMBER OFFICE

STELLAR NON-MEMBER OFFICE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,250

Year Built

  • Built in 1953

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 75x175

Parking

  • 1 Carport Space

Home Design

  • Triplex
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 2,408 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Sliding Doors
  • Combination Dining and Living Room

Outdoor Features

  • Outdoor Storage

Utilities

  • Mini Split Air Conditioners
  • Central Air
  • Heating Available
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 3 Units
  • 2,408 Sq Ft Building
  • Atkinsons Sub Subdivision

Listing and Financial Details

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,250

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • Construction Materials: Block, Wood Frame
  • Fireplace: No
  • Living Area: 2408
  • Lot Size Acres: 0.3
  • New Construction: No
  • Year Built: 1953
  • Building Area Total: 2408
  • Lot Size Sq Ft: 13068
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/O6027646?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/O6027646?w=Customer
  • Unit Count: 3
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 103.82
  • Close to Original List Price Ratio: 1
  • Ratio: Current Price\Building Area Total: 103.82
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Open Floorplan
  • Foundation Details: Slab
  • Number Of Buildings: 2

Exterior Features

  • Exterior Features: Sidewalk, Sliding Doors, Storage
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Concrete
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: Land Sales Disclosure, Lead Paint

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Electricity Connected, Street Lights
  • Cooling: Central Air, Mini-Split Unit(s)
  • Heating: Electric
  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Zoning: RU-1-7
  • Parcel Number: 24-36-20-56-00000.0-0023.00
  • Additional Parcels: No
  • Lot Dimensions: 75x175
  • Flood Zone Code: X

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 2249.94
  • Tax Block: *
  • Tax Book Number: 10-62
  • Tax Lot: 23

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2022
Closed on
Jul 20, 2022
Sold by
Ramirez William A
Bought by
Martinez Ana L
Seller's Agent
Lizette Hernandez
EXP REALTY LLC
Buyer's Agent
Stellar Non-Member Agent
STELLAR NON-MEMBER OFFICE
List Price
$250,000
Sold Price
$250,000
Current Estimated Value
$276,624

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,624
Avg. Annual Appreciation
2.94%

Purchase Details

Listed on
Oct 2, 2021
Closed on
Nov 16, 2021
Sold by
Stanley Tammy L and Stanley Timothy Wayne
Bought by
Ramirez William A
Seller's Agent
Ian Liddon
EXP Realty, LLC
Buyer's Agent
Lizette Hernandez
EXP Realty, LLC
List Price
$200,000
Sold Price
$170,000
Premium/Discount to List
-$30,000
-15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
77.82%

Purchase Details

Closed on
Aug 4, 2017
Sold by
Robert L Johnson Llc
Bought by
Stanley Tammy Lee and Stanley Timothy Wayne

Purchase Details

Closed on
Aug 19, 2003
Sold by
Johnson Robert L and Johnson Joanne
Bought by
Robert L Johnson Llc

Purchase Details

Closed on
Jun 9, 1993
Sold by
Veterans Affairs
Bought by
Johnson Robert and Johnson Joanne

Purchase Details

Closed on
Jun 22, 1992
Sold by
Flores Edward
Bought by
Flores Humberto
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Martinez Ana L $250,000 Gloria Crooke Videlose Inc
Ramirez William A $170,000 Atypical Title Llc
Stanley Tammy Lee -- None Available
Robert L Johnson Llc $200,000 --
Johnson Robert $39,200 --
Flores Humberto -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/20/2022 07/20/22 Sold $250,000 0.0% $104 / Sq Ft
07/11/2022 07/11/22 Pending -- -- --
06/30/2022 06/30/22 Off Market $250,000 -- --
06/28/2022 06/28/22 For Sale $250,000 0.0% $104 / Sq Ft
05/27/2022 05/27/22 Pending -- -- --
05/21/2022 05/21/22 For Sale $250,000 +47.1% $104 / Sq Ft
11/16/2021 11/16/21 Sold $170,000 -2.9% $71 / Sq Ft View Prior Sale
10/24/2021 10/24/21 Pending -- -- --
10/20/2021 10/20/21 Price Changed $175,000 -12.5% $73 / Sq Ft
10/02/2021 10/02/21 For Sale $200,000 -- $83 / 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
2025 $4,205 $235,200 -- --
2024 $3,914 $235,200 -- --
2023 $3,914 $204,000 $30,000 $174,000
2022 $2,534 $98,830 $0 $0
2021 $2,250 $73,030 $9,500 $63,530
2020 $2,200 $75,760 $9,500 $66,260
2019 $1,734 $76,880 $0 $0
2018 $1,721 $75,120 $9,980 $65,140
2017 $1,917 $66,780 $9,500 $57,280
2016 $1,814 $54,620 $9,500 $45,120
2015 $1,757 $50,410 $9,500 $40,910
2014 $1,701 $46,250 $9,500 $36,750
Source: Public Records

Agents Affiliated with this Home

  • Lizette Hernandez

    Seller's Agent in 2022

    Lizette Hernandez

    EXP REALTY LLC

    (321) 217-5362

    2 in this area

    80 Total Sales

    Lizette Hernandez
    Section Image

  • I

    Seller's Agent in 2021

    Ian Liddon

    EXP Realty, LLC

See All Agents

Map

Source: Stellar MLS

MLS Number: O6027646

Stellar MLS

APN: 24-36-20-56-00000.0-0023.00

Florida Brevard County Cocoa 32922

1456 Melrose St, Cocoa, FL

Not Listed for Sale

MultiFamily

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.

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