NOT LISTED FOR SALE

1531 Violet Ave Titusville, FL 32796

Estimated Value: $302,165 - $339,000

-- Bed
3 Baths
2,687 Sq Ft
$121/Sq Ft Est. Value

Last Sold July 05, 2017

Last sale price $161,000 $60 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $2,065/month

25 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • 5-minute walk to Draa Field Park
  • 1 Car Attached Garage
  • Central Air

About This Home

As of July 2017

Attention investors or homebuyers.
Turn key Duplex fully renovated in established neighborhood. Close to shopping, medical facilities, highways and beaches. Less than a block away from new park at Draa Field.
Live-in the rear upgraded townhouse and use the income from the front unit to pay your mortgage or use both properties to generate great cash flow. This duplex townhouse is currently generating $1880/ mo with potential to bring in $2300/mo.
New roof,Rear unit rehabbed to the studs (new kitchen & baths, flooring,windows & doors and more) New HVAC,Water Heater and recent upgrades to Electric and Plumbing.
See attached supplement remarks for more info. 15 X 23 Garage located in rear of property. Perfect turn key investment ! 1.New roof with fully transferable 5 year warranty.'||chr(10)||'2.Fully renovated rear unit-Apt B'||chr(10)||'aƒCompletely gutted with new insulation and drywall'||chr(10)||'aƒNew windows and doors'||chr(10)||'aƒNew high efficiency central AC with 10yr warranty.'||chr(10)||'aƒNew wall texture and paint'||chr(10)||'aƒModern durable kitchen with espresso solid wood cabinetry and SS appliance'||chr(10)||'aƒKitchen features new fridge, built-in microwave, self-cleaning glass top range, and quiet $700 dishwasher'||chr(10)||'aƒCompletely rewired with new panel, wiring, LED lights and receptacles.'||chr(10)||'aƒNew wood laminate flooring upstairs'||chr(10)||'aƒNew wood-plank tile flooring downstairs'||chr(10)||'aƒNew 6yr warranty hot water heater'||chr(10)||'aƒReplaced all water lines inside unit, new shut-off valves, new faucets, and shower valve.'||chr(10)||'aƒRepaired existing sewer lines where required.'||chr(10)||'aƒNew energy-efficient ceiling fans throughout'||chr(10)||'aƒNew LED bath fan/light with venting to exterior'||chr(10)||'aƒNew LED can lights in stairwell, kitchen and bath.'||chr(10)||'aƒNew garage door and opener'||chr(10)||'aƒCurrently rented for $940 but easily could go as high as $1200.'||chr(10)||'3.Large garage shop in back on separate electric meter'||chr(10)||'aƒNew fiberglass entrance door'||chr(10)||'aƒNew exterior paint'||chr(10)||'aƒCurrently rents for $100/month to unit B tenant.'||chr(10)||'aƒAccessible from east side'||chr(10)||'4.Apt A'||chr(10)||'aƒSame floorplan as B '||chr(10)||'aƒCurrently rents for $840/mo with potential to $1000/mo'||chr(10)||'aƒNice solid oak flooring upstairs'||chr(10)||'aƒNice terrazzo flooring under linoleum downstairs'||chr(10)||'aƒEasily renovated kitchen and baths'||chr(10)||'aƒGreat floor plan'||chr(10)||'5.Garage and storage rooms in front'||chr(10)||'aƒCurrently on electric from unit B but could be connected to garage/shop power'||chr(10)||'aƒUnit B lease contains clause to provide electric'||chr(10)||'aƒEasily rent for $100/ea or $200 total'||chr(10)||'aƒNew garage door and opener'||chr(10)||'aƒPotential for efficiency studio apt'||chr(10)||'aƒBoth currently unrented and used by owner.'||chr(10)||'6.Large shaded yard'||chr(10)||'aƒNew fence with SS nails'||chr(10)||'aƒFully cleared of invasive plants/vines'||chr(10)||'aƒWell ready for sprinkler pump'||chr(10)||'aƒLarge garage/shop on separate electric meter

Last Agent to Sell the Property

Gerard McCann

Property Marketers LLC License #3331811 Listed on: 05/18/2017

Last Buyer's Agent

Beth Anderson

Weichert REALTORS Hallmark Pro

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,614

Year Built

  • Built in 1964

Lot Details

  • 8,712 Sq Ft Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Duplex
  • Membrane Roofing
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 2,687 Sq Ft Home
  • 2-Story Property

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile

Schools

  • MIMS Elementary School
  • Madison Middle School
  • Astronaut High School

Utilities

  • Central Air
  • Cable TV Available

Listing and Financial Details

  • The owner pays for grounds care, repairs
  • Assessor Parcel Number 21-35-33-75-0000c.0-0019.00

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Dixie Heights Subdivision

Building Details

  • Operating Expense $3,000
  • Gross Income $21,600
  • Net Operating Income $18,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,614

Year Built

Built in 1964

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Year Built: 1964
  • Reso Property Sub Type: Duplex
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Dixie Heights
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Location Tax and Legal Parcel Number2: 21-35-33-75-0000c.0-0019.00
  • Location Tax and Legal Elementary School: Mims
  • Location Tax and Legal Middle School2: Madison
  • Location Tax and Legal High School: Astronaut
  • Location Tax and Legal Tax Annual Amount: 1614.38
  • Location Tax and Legal Tax Year2: 2016
  • General Property Information Living Area2: 2687.0
  • General Property Information Building Area Total3: 2967.0
  • 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
  • Flooring Laminate: Yes
  • Flooring Tile: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Flooring Carpet: Yes
  • Levels Two: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • General Property Information Number Of Units Total2: 2.0
  • Gross Scheduled Income: 21600.0
  • Income And Expenses Operating Expense: 3000.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Pool Features: None
  • Roof: Membrane, Other
  • Acres: 0.2
  • Waterfront: No
  • Construction Type: Block, Concrete, Other
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • ConstructionSiding:Roof Membrane: Yes
  • Construction Materials:Other15: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached
  • Total Parking Spaces: 4.0
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Attached: Yes
  • General Property Information:Parking Total: 4.0

Utilities

  • Cooling: Central Air
  • Utilities: Cable Available, Electricity 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: Madison

Lot Info

  • Lot Size Sq Ft: 8712.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 21-35-33-75-0000c.0-0019.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Grounds Care, Repairs, Other

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 1614.38

Multi Family

  • Number Of Units Total: 2
  • Annual Operating Expense: 3000.0
  • Income And Expenses Net Operating Income: 18600.0

MLS Schools

  • Elementary School: Mims
  • High School: Astronaut

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 14, 2022
Sold by
Elyse Louis Llc
Bought by
Monard Olivier Francois and Cohen Caroline
Current Estimated Value
$324,791

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,000
Outstanding Balance
$197,787
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$127,004

Purchase Details

Listed on
May 18, 2017
Closed on
Jul 5, 2017
Sold by
Floyd David
Bought by
Elyse Louis Llc
Seller's Agent
Gerard McCann
Property Marketers LLC
Buyer's Agent
Beth Anderson
Weichert REALTORS Hallmark Pro
List Price
$174,900
Sold Price
$161,000
Premium/Discount to List
-$13,900
-7.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.68%

Purchase Details

Closed on
Mar 15, 2016
Sold by
Floyd David and Estate Of Arthur Copeland Floy
Bought by
Floyd Floyd David David and Arthur C Floyd And Doreen Yvonne Floyd F

Purchase Details

Closed on
Nov 14, 2012
Sold by
Floyd Arthur C
Bought by
Floyd Arthur C

Purchase Details

Closed on
Oct 31, 2006
Sold by
Floyd Arthur C
Bought by
Floyd Arthur C C and Floyd Arthur C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
6.31%
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
Monard Olivier Francois $284,000 Prestige Title
Elyse Louis Llc $161,000 Attorney
Floyd Floyd David David -- Atorney
Floyd Arthur C -- None Available
Floyd Arthur C C -- None Available
Floyd Arthur C $150,000 Fidelity Natl Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Monard Olivier Francois $213,000
Previous Owner Floyd Arthur C $112,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/05/2017 07/05/17 Sold $161,000 -7.9% $60 / Sq Ft
06/13/2017 06/13/17 Pending -- -- --
05/18/2017 05/18/17 For Sale $174,900 -- $65 / 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
2025 $4,326 $231,000 -- --
2024 $4,067 $231,000 -- --
2023 $4,067 $211,680 $13,000 $198,680
2022 $3,449 $205,070 $0 $0
2021 $3,175 $155,670 $11,100 $144,570
2020 $2,953 $141,530 $11,100 $130,430
2019 $2,987 $136,470 $11,100 $125,370
2018 $2,941 $130,000 $0 $130,000
2017 $1,793 $74,000 $0 $74,000
2016 $1,614 $68,000 $0 $0
2015 $1,607 $65,000 $10,600 $54,400
2014 $1,557 $62,500 $10,600 $51,900
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 783797

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 21-35-33-75-0000C.0-0019.00