NOT LISTED FOR SALE

Estimated Value: $450,168 - $518,000

2 Beds
1 Bath
1,008 Sq Ft
$480/Sq Ft Est. Value

Last Sold January 15, 2015

Last sale price $150,000 $149 Per Sq Ft

Est. 223% increase in value since last sale

Current estimated payment $2,902/month

17 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • 1-Story Property
  • Theodore Roosevelt Elementary School Rated 9+
  • Tile Flooring

About This Home

As of January 2015

Investor alert! Haven't see that tag line lately but this one requires it. Nice duplex on a huge shady oak filled lot. south side has been completely renovated, everything new! Perfect for the investor or the owner occupant. Live beachside and collect rent!

Last Agent to Sell the Property

Steve Harrington

Florida Property Center License #3076631 Listed on: 11/24/2014

Last Buyer's Agent

Lucy Hamelers

Real Estate Central License #693185

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,689

Year Built

  • Built in 1958

Lot Details

  • 7,500 Sq Ft Lot

Home Design

  • Duplex
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 1,008 Sq Ft Home
  • 1-Story Property

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Tile

Parking

  • 2 Parking Spaces
  • Additional Parking

Schools

  • Roosevelt Elementary School
  • Cocoa Beach Middle School
  • Cocoa Beach High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Cable TV Available

Listing and Financial Details

  • The owner pays for grounds care, insurance, taxes
  • Assessor Parcel Number 25-37-10-82-00117.0-0006.00

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Cocoa Beach 8Th Addn To Subdivision

Building Details

  • Operating Expense $3,500
  • Gross Income $15,600
  • Net Operating Income $12,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,689

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1958
  • Reso Property Sub Type: Duplex
  • Road Surface Type: Paved
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Cocoa Beach 8th Addn To
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Appliances Refrigerators: Yes
  • Gross Scheduled Income: 15600.0
  • Income And Expenses Operating Expense: 3500.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Tile
  • Appliances: Dishwasher, Electric Range, Refrigerator
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes

Exterior Features

  • Pool Features: None
  • Acres: 0.17
  • Waterfront: No
  • Construction Type: Block, Concrete
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Additional Parking
  • Total Parking Spaces: 2.0
  • General Property Information:Garage YN: No
  • Parking Features:Additional Parking: Yes
  • General Property Information:Parking Total: 2.0

Utilities

  • Cooling: Wall/Window Unit(s)
  • Utilities: Cable Available, 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: Cocoa Beach

Lot Info

  • Lot Dimensions: 60.0 ft x 125.0 ft
  • Lot Size Sq Ft: 7500.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2517410
  • Parcel #: 25-37-10-82-00117.0-0006.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Grounds Care, Insurance, Taxes

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 1688.71

Multi Family

  • Number Of Units Total: 2
  • Annual Operating Expense: 3500.0
  • Income And Expenses Net Operating Income: 12100.0

MLS Schools

  • Elementary School: Roosevelt
  • High School: Cocoa Beach

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 10, 2023
Sold by
Panich Lazar D
Bought by
Simpson Ryan and Simpson Chelsea
Total Days on Market
17
Current Estimated Value
$484,292

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Outstanding Balance
$417,240
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$44,240

Purchase Details

Closed on
Dec 15, 2019
Sold by
Local Industries Llc
Bought by
Panich Lazar D and Schluraff Barbara J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,403
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 24, 2014
Closed on
Jan 15, 2015
Sold by
King Bonnie I and Constance M Ezzell Trust Agree
Bought by
Local Industries Llc
Seller's Agent
Steve Harrington
Florida Property Center
Buyer's Agent
Lucy Hamelers
Real Estate Central
List Price
$184,900
Sold Price
$150,000
Premium/Discount to List
-$34,900
-18.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.40%
Original Mortgage
$115,875
Interest Rate
3.98%

Purchase Details

Closed on
Oct 10, 2002
Sold by
Ezzell Constance M
Bought by
Ezzell Constance M
Source: Public Records

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Range of Values:

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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
Simpson Ryan $500,000 International Title & Escrow
Panich Lazar D $309,000 International T&E Co Llc
Local Industries Llc $150,000 Attorney
Ezzell Constance M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simpson Ryan $425,000
Previous Owner Panich Lazar D $303,403
Previous Owner Local Industries Llc $115,875
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2015 01/15/15 Sold $150,000 -18.9% $149 / Sq Ft
12/12/2014 12/12/14 Pending -- -- --
11/24/2014 11/24/14 For Sale $184,900 -- $183 / 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 $3,974 $275,030 $0 $0
2022 $3,784 $290,630 $0 $0
2021 $3,483 $247,620 $0 $0
2020 $3,291 $234,270 $145,000 $89,270
2019 $2,874 $164,500 $145,000 $19,500
2018 $2,713 $154,000 $0 $154,000
2017 $2,538 $138,000 $0 $138,000
2016 $2,360 $125,000 $0 $0
2015 $2,066 $100,100 $100,000 $100
2014 $1,665 $91,000 $80,000 $11,000
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 711925

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 25-37-10-82-00117.0-0006.00