NOT LISTED FOR SALE

1539 Violet Ave Unit A-D Titusville, FL 32796

Estimated Value: $354,000 - $518,000

-- Bed
1 Bath
3,972 Sq Ft
$117/Sq Ft Est. Value

Last Sold May 30, 2019

Last sale price $240,000 $60 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $2,980/month

118 Days on Market

Highlights

  • No HOA
  • Central Air
  • 5-minute walk to Draa Field Stormwater Park
  • Tile Flooring

About This Home

As of May 2019

Excellent opportunity to own an apartment building in Titusville. Walk to the new park and bike trail and minutes from shopping, dining, beaches and more.. Four units. including 3 2/1 units and 1 3/1.5. Recent upgrades include new roof 2014. Each tenant pays their own electric and water . One unit is wheelchair accessible. Great investment opportunity. All units are occupied and this provides instant income to the new owner. Truly turnkey!!! Multi offers have been received. Submit highest & best offer by 3pm 02.12.2019

Last Agent to Sell the Property

Gerard McCann

Property Marketers LLC License #3331811 Listed on: 01/23/2019

Co-Listed By

Donna Sprague

Property Marketers LLC

Last Buyer's Agent

Generosa Cawley

RE/MAX Solutions

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,368

Year Built

  • Built in 1966

Lot Details

  • 0.33 Acre Lot

Home Design

  • Quadruplex
  • Membrane Roofing
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 3,972 Sq Ft Home
  • 2-Story Property
  • Electric Range

Flooring

  • Tile
  • Terrazzo

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, taxes
  • Assessor Parcel Number 21-35-33-75-0000c.0-0016.00

Community Details

Overview

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

Building Details

  • Operating Expense $3,600
  • Gross Income $33,600
  • Net Operating Income $30,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,368

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1966
  • Reso Property Sub Type: Quadruplex
  • Road Surface Type: Paved
  • Co List Office Mls Id: hmol0
  • Co List Office Phone: 321-607-6836
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Dixie Heights
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Location Tax and Legal Parcel Number2: 21-35-33-75-0000c.0-0016.00
  • 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: 2367.75
  • Location Tax and Legal Tax Year2: 2017
  • General Property Information Living Area2: 3972.0
  • General Property Information Building Area Total3: 3972.0
  • General Property Information Lot Size Acres: 0.33
  • General Property Information Lot Size Square Feet2: 14375.0
  • General Property Information Waterfront YN: No
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Levels Two: Yes
  • Flooring Terrazzo: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • General Property Information Number Of Units Total2: 4.0
  • Gross Scheduled Income: 33600.0
  • Income And Expenses Operating Expense: 3600.0
  • Utilities Sewer Connected: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Terrazzo, Tile
  • Appliances: Electric Range, Refrigerator, Other
  • ResoLivingAreaSource: PublicRecords
  • Appliances:Electric Range: Yes

Exterior Features

  • Pool Features: None
  • Roof: Membrane, Other
  • Acres: 0.33
  • Waterfront: No
  • Construction Type: Block, Concrete
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • ConstructionSiding:Roof Membrane: Yes

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

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

Lot Info

  • Lot Size Sq Ft: 14375.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 21-35-33-75-0000c.0-0016.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Grounds Care, Taxes

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 2367.75

Multi Family

  • Number Of Units Total: 4
  • Annual Operating Expense: 3600.0
  • Income And Expenses Net Operating Income: 30000.0

MLS Schools

  • Elementary School: Mims
  • High School: Astronaut

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 4, 2021
Sold by
Hampton Steven B and Hampton Suellen C
Bought by
Violet Avenue Llc
Current Estimated Value
$464,255

Purchase Details

Closed on
May 24, 2021
Sold by
Hampton Steven and Hampton Suellen
Bought by
Hampton Steven B and Hampton Suellen C

Purchase Details

Listed on
Jan 23, 2019
Closed on
May 28, 2019
Sold by
Holloway Ventures Llc
Bought by
Hampton Steven and Hampton Suellen
Seller's Agent
Gerard McCann
Property Marketers LLC
Buyer's Agent
Generosa Cawley
RE/MAX Solutions
List Price
$289,900
Sold Price
$240,000
Premium/Discount to List
-$49,900
-17.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.63%
Original Mortgage
$192,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 14, 2013
Sold by
Smith Robert H and Brevard County
Bought by
The Bank Of New York Mellon and Jp Morgan Chase Bank Na

Purchase Details

Closed on
Jan 5, 2005
Sold by
Smith Elbert J and Smith Lula E
Bought by
Smith Robert H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,800
Interest Rate
6.75%

Purchase Details

Closed on
Mar 22, 1994
Sold by
Smith Elbert J
Bought by
Smith Elbert J and Smith Lula E
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
Violet Avenue Llc -- Accommodation
Hampton Steven B -- Accommodation
Steven And Suellen Hampton Revocable Trust $100 None Listed On Document
Hampton Steven $240,000 First International Ttl Inc
The Bank Of New York Mellon -- Attorney
Smith Robert H $106,000 --
Smith Elbert J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hampton Steven $192,000
Previous Owner Smith Robert H $84,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2019 05/30/19 Sold $240,000 0.0% $60 / Sq Ft
02/13/2019 02/13/19 Off Market $240,000 -- --
02/08/2019 02/08/19 Price Changed $229,900 -20.7% $58 / Sq Ft
01/23/2019 01/23/19 For Sale $289,900 -- $73 / 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 $6,553 $357,000 -- --
2024 $6,040 $357,000 -- --
2023 $6,040 $314,160 $0 $0
2022 $5,376 $281,140 $0 $0
2021 $4,514 $218,120 $16,650 $201,470
2020 $4,203 $198,290 $16,650 $181,640
2019 $2,566 $108,500 $16,650 $91,850
2018 $2,520 $103,000 $0 $103,000
2017 $2,368 $94,000 $0 $94,000
2016 $2,069 $86,000 $0 $0
2015 $2,054 $82,000 $15,900 $66,100
2014 $1,995 $79,000 $15,900 $63,100
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2019

    Gerard McCann

    Property Marketers LLC

    (321) 208-3368

    35 in this area

    85 Total Sales

    Gerard McCann
    Section Image

  • D

    Seller Co-Listing Agent in 2019

    Donna Sprague

    Property Marketers LLC

  • G

    Buyer's Agent in 2019

    Generosa Cawley

    RE/MAX

See All Agents

Map

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

MLS Number: 834925

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 21-35-33-75-0000C.0-0016.00

Florida Brevard County Titusville 32796

1539 Violet Ave Unit A-D, Titusville, 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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