NOT LISTED FOR SALE

1485 Croftwood Dr Melbourne, FL 32935

Estimated Value: $260,412 - $344,000

3 Beds
1 Bath
1,853 Sq Ft
$161/Sq Ft Est. Value

Last Sold August 29, 2014

Last sale price $79,150 $43 Per Sq Ft

Est. 277% increase in value since last sale

Current estimated payment $1,923/month

22 Days on Market

Highlights

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

About This Home

As of August 2014

Duplex property in heart of Melbourne. Solid rental potential. Both sides are 1 bedroom 1 bath units consisting of 728 sq. feet each side. Each side has one car garage. This is a Fannie Mae Homepath property.

Last Agent to Sell the Property

Laura Hazlett

Atlantic Real Estate Brokerage Listed on: 06/25/2014

Last Buyer's Agent

Jared Doyle

New Millennium R.E.Brokers LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,458

Year Built

  • Built in 1980

Lot Details

  • 8,000 Sq Ft Lot
  • Waterfront

Parking

  • 2 Car Attached Garage
  • 2 Open Parking Spaces

Home Design

  • Duplex
  • Shingle Roof
  • Wood Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,853 Sq Ft Home
  • 1-Story Property

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Tile

Schools

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

Utilities

  • Central Air

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • The owner pays for repairs
  • Assessor Parcel Number 27-37-17-08-0000a.0-0007.00

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Pelican Manor Sec 1 Subdivision

Building Details

  • Gross Income $14,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,458

Year Built

Built in 1980

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Year Built: 1980
  • Reso Property Sub Type: Duplex
  • Road Surface Type: Paved
  • ResoSpecialListingConditions: Real Estate Owned
  • Subdivision Name: Pelican Manor Sec 1
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Location Tax and Legal Parcel Number2: 27-37-17-08-0000a.0-0007.00
  • 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: 1457.5
  • Location Tax and Legal Tax Year2: 2013
  • General Property Information Living Area2: 1853.0
  • General Property Information Building Area Total3: 1456.0
  • General Property Information Lot Size Acres: 0.18
  • General Property Information Lot Size Square Feet2: 8000.0
  • General Property Information Waterfront YN: No
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Levels One: Yes
  • Roof:Shingle: Yes
  • Utilities Electricity Connected: Yes
  • Flooring Carpet: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • General Property Information Lot Size Dimensions: 80.0 ft x 100.0 ft
  • General Property Information Number Of Units Total2: 2.0
  • General Property Information Water Frontage Feet: 2
  • Gross Scheduled Income: 14400.0
  • Roof Wood3: Yes
  • Special Listing Conditions Real Estate Owned: Yes
  • Utilities Sewer Connected: Yes
  • Special Features: 5120
  • 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
  • Roof: Shingle, Wood
  • Acres: 0.18
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Utilities: 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 Dimensions: 80.0 ft x 100.0 ft
  • Lot Size Sq Ft: 8000.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2718557
  • Parcel #: 27-37-17-08-0000a.0-0007.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Repairs, Other

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 1457.5

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Creel
  • High School: Eau Gallie

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 11, 2016
Sold by
Kilmer Justin
Bought by
Pushya Llc
Current Estimated Value
$298,103

Purchase Details

Listed on
Jun 25, 2014
Closed on
Aug 29, 2014
Sold by
Fannie Mae
Bought by
Kilmer Justin
Seller's Agent
Laura Hazlett
Atlantic Real Estate Brokerage
Buyer's Agent
Jared Doyle
New Millennium R.E.Brokers LLC
List Price
$77,500
Sold Price
$79,150
Premium/Discount to List
$1,650
2.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,361
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 3, 2014
Sold by
Artounian Art V
Bought by
Federal National Mortgage Association
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
Pushya Llc $135,000 The Title Co Of Brevard Inc
Kilmer Justin $79,200 Attorney
Federal National Mortgage Association -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kilmer Justin $59,361
Previous Owner Artounian Art $156,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2014 08/29/14 Sold $79,150 +2.1% $43 / Sq Ft
07/18/2014 07/18/14 Pending -- -- --
06/25/2014 06/25/14 For Sale $77,500 -- $42 / 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 $3,493 $230,400 $0 $0
2022 $2,897 $176,400 $0 $0
2021 $2,640 $137,760 $17,000 $120,760
2020 $2,605 $135,050 $17,000 $118,050
2019 $2,468 $122,770 $17,000 $105,770
2018 $2,406 $117,000 $0 $117,000
2015 $1,704 $72,000 $17,000 $55,000
2014 $1,546 $65,000 $17,000 $48,000
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2014

    Laura Hazlett

    Atlantic Real Estate Brokerage

  • J

    Buyer's Agent in 2014

    Jared Doyle

    New Millennium R.E.Brokers LLC

See All Agents

Map

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

MLS Number: 700149

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-37-17-08-0000A.0-0007.00

Florida Brevard County Melbourne 32935

1485 Croftwood Dr, Melbourne, FL

This home is located at 1485 Croftwood Dr, Melbourne, FL 32935 since 25 June 2014 and is currently estimated at $298,103, approximately $160 per square foot. This property was built in 1980. 1485 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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