NOT LISTED FOR SALE

Estimated Value: $592,000 - $697,000

4 Beds
4 Baths
2,075 Sq Ft
$303/Sq Ft Est. Value

Sale Details

Date Sold: June 2, 2017

Last sale price $370,000 $178 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $3,763 / mo

53 Days on Market

Highlights

  • Waterfront
  • In Ground Pool
  • 1 Car Attached Garage
  • Indialantic Elementary School Rated A-
  • No HOA
  • Tile Flooring

About This Home

As of June 2017

Owner occupancy opportunity.This NEWLY RENOVATED duplex with POOL is just a block from the beach, Indialantic Elementary School, and Long Doggers. Both units have been completely renovated with BRAND NEW ROOF, new paint inside and outside, new windows, storm shutters, new ac units, new tile throughout, new bathroom vanities, new kitchen cabinets, new granite counter-tops, new kitchen appliances, updated electrical and a 1 car garage for each unit. One unit is 2bdrm 1BA with new black kitchen appliances. The other unit has a fenced in backyard with a pool! It has 3 bedrooms and 2 bathrooms and stainless steel kitchen appliances. 7.2% CAP Rate at Asking!

Last Agent to Sell the Property

Jesse Tortorice

Spectrum, Inc. License #3031729 Listed on: 05/08/2017

Co-Listed By

Jennifer Turbeville

Spectrum, Inc. License #3369390

Last Buyer's Agent

Karen Wojnowski

RE/MAX Aerospace Realty License #690496

RE/MAX Aerospace Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,519

Year Built

  • Built in 1972

Lot Details

  • 9,583 Sq Ft Lot
  • Waterfront

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Home Design

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

Interior Spaces

  • 2,075 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Pool Sweep

Schools

  • Indialantic Elementary School
  • Hoover Middle School
  • Melbourne High School

Utilities

  • Central Air

Listing and Financial Details

  • The owner pays for exterior maintenance, grounds care, insurance, repairs, taxes
  • Assessor Parcel Number 27-38-30-51-00004.0-0011.00

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Green Field Subd Subdivision

Building Details

  • Operating Expense $8,035
  • Gross Income $36,000
  • Net Operating Income $27,245

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,519

Year Built

Built in 1972

Lot Details

9,583 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential Income
  • Year Built: 1972
  • Reso Property Sub Type: Duplex
  • ResoLaundryFeatures: Electric Dryer Hookup
  • Road Surface Type: Paved
  • Co List Office Mls Id: 01580
  • Co List Office Phone: 321-543-8265
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Green Field Subd
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Location Tax and Legal Parcel Number2: 27-38-30-51-00004.0-0011.00
  • Location Tax and Legal Elementary School: Indialantic
  • Location Tax and Legal Middle School2: Hoover
  • Location Tax and Legal High School: Melbourne
  • Location Tax and Legal Tax Annual Amount: 3518.65
  • Location Tax and Legal Tax Year2: 2016
  • General Property Information Living Area2: 2075.0
  • General Property Information Building Area Total3: 2803.0
  • General Property Information Lot Size Acres: 0.22
  • General Property Information Lot Size Square Feet2: 9583.0
  • General Property Information Waterfront YN: No
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Levels One: Yes
  • Pool Features In Ground: Yes
  • Pool Features Private: Yes
  • Roof:Shingle: 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: 36000.0
  • Income And Expenses Operating Expense: 8035.0
  • Utilities Sewer Connected: Yes
  • Pool Features Pool Sweep: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Tile
  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Microwave, Refrigerator, Washer
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes

Exterior Features

  • Pool Features: In Ground, Pool Sweep, Private, Other
  • Roof: Shingle
  • Acres: 0.22
  • 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: 1.0
  • Parking Features: Attached, Garage Door Opener
  • Total Parking Spaces: 4.0
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage Door Opener: Yes
  • General Property Information:Parking Total: 4.0

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: Hoover

Lot Info

  • Lot Size Sq Ft: 9583.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 27-38-30-51-00004.0-0011.00
  • ResoLotSizeUnits: Acres

Rental Info

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

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 3518.65

Multi Family

  • Number Of Units Total: 2
  • Annual Operating Expense: 8035.0
  • Income And Expenses Net Operating Income: 27245.0

MLS Schools

  • Elementary School: Indialantic
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2017
Closed on
Jun 2, 2017
Sold by
Lucchesi Frank P
Bought by
Rodrigues Derek
Seller's Agent
Jesse Tortorice
Spectrum, Inc.
Buyer's Agent
Karen Wojnowski
RE/MAX Aerospace Realty
List Price
$399,900
Sold Price
$370,000
Premium/Discount to List
-$29,900
-7.48%
Current Estimated Value
$628,091

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$258,091
Avg. Annual Appreciation
6.12%
Original Mortgage
$377,955
Outstanding Balance
$309,355
Interest Rate
3.97%
Estimated Equity
$318,736

Purchase Details

Closed on
Mar 16, 2015
Sold by
Yajkaji John F and Sargenti Concetta
Bought by
Lucchesi Frank P

Purchase Details

Closed on
Feb 3, 2006
Sold by
Lucchesi Frank P
Bought by
Yajcaji John F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,241
Interest Rate
6.21%

Purchase Details

Closed on
Jul 22, 1998
Sold by
Lucchesi Frank P
Bought by
Yajcaji John F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,500
Interest Rate
7.02%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rodrigues Derek $370,000 Attorney
Lucchesi Frank P -- None Available
Yajcaji John F $225,000 None Available
Yajcaji John F $57,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodrigues Derek $377,955
Previous Owner Yajcaji John F $236,241
Previous Owner Yajcaji John F $27,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/02/2017 06/02/17 Sold $370,000 -7.5% $178 / Sq Ft
05/09/2017 05/09/17 Pending -- -- --
03/16/2017 03/16/17 For Sale $399,900 0.0% $193 / Sq Ft
10/28/2016 10/28/16 Rented $1,600 0.0% --
10/26/2016 10/26/16 Under Contract -- -- --
10/24/2016 10/24/16 For Rent $1,600 0.0% --
04/11/2016 04/11/16 Rented $1,600 +6.7% --
04/08/2016 04/08/16 Under Contract -- -- --
04/06/2016 04/06/16 For Rent $1,500 -- --
Source: Space Coast MLS (Space Coast Association of REALTORS®)

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 $5,473 $412,100 -- --
2024 $5,373 $405,980 -- --
2023 $5,373 $393,110 $0 $0
2022 $5,073 $402,790 $0 $0
2021 $4,962 $350,180 $0 $0
2020 $4,829 $340,040 $0 $0
2019 $4,598 $322,180 $0 $0
2018 $4,527 $310,000 $0 $310,000
2017 $3,941 $240,000 $0 $240,000
2016 $3,519 $180,000 $0 $0
2015 $3,522 $173,000 $90,000 $83,000
2014 -- $158,830 $80,000 $78,830
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 778390

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-38-30-51-00004.0-0011.00

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