NOT LISTED FOR SALE

1549 Violet Ave Titusville, FL 32796

Estimated Value: $238,000 - $514,000

-- Bed
1 Bath
3,776 Sq Ft
$107/Sq Ft Est. Value

Last Sold March 23, 2018

Last sale price $240,000 $64 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $2,671/month

1 Day on Market

Highlights

  • 0.94 Acre Lot
  • Cooling System Mounted To A Wall/Window
  • Heating Available
  • No HOA
  • 1-Story Property
  • 4-minute walk to Draa Field Stormwater Park

About This Home

As of March 2018

Investor Alert. 2 Buildings, 6 Units, All Full, Happy and quiet tenants. Please do not disturb. Drive by OK. Almost 1 Acre of land.

Last Agent to Sell the Property

David Somers

Coldwell Banker Coast Realty License #693301 Listed on: 11/30/2017

Coldwell Banker Coast Realty

Co-Listed By

Rodney Fuller

Coldwell Banker Coast Realty License #3174683

Last Buyer's Agent

Brandon Spaur

Landshark Realty License #3358137

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,027

Year Built

  • Built in 1958

Lot Details

  • 0.94 Acre Lot

Parking

  • 12 Open Parking Spaces

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 3,776 Sq Ft Home
  • 1-Story Property
  • Electric Range

Laundry

  • Dryer
  • Washer

Schools

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

Utilities

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

Listing and Financial Details

  • The owner pays for grounds care, sewer, taxes, water
  • Assessor Parcel Number 21-35-33-75-0000c.0-0011.00

Community Details

Overview

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

Building Details

  • Operating Expense $9,626
  • Gross Income $44,500
  • Net Operating Income $34,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,027

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1958
  • Reso Property Sub Type: Duplex
  • ResoLaundryFeatures: Electric Dryer Hookup
  • Road Surface Type: Paved
  • Reso Association Amenities: Management - Off Site
  • Co List Office Mls Id: cbcr0
  • Co List Office Phone: 321-383-3330
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Dixie Heights
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Location Tax and Legal Parcel Number2: 21-35-33-75-0000c.0-0011.00
  • 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: 3026.57
  • Location Tax and Legal Tax Year2: 2017
  • General Property Information Living Area2: 3776.0
  • General Property Information Building Area Total3: 4245.0
  • General Property Information Lot Size Acres: 0.94
  • General Property Information Lot Size Square Feet2: 40946.0
  • General Property Information Waterfront YN: No
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Levels One: Yes
  • Roof:Shingle: Yes
  • Utilities Cable Available: 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: 6.0
  • Gross Scheduled Income: 44500.0
  • Income And Expenses Operating Expense: 9626.0
  • Cooling WallWindow Unit(s): Yes
  • Owner Pays:Sewer2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other
  • Appliances: Dryer, Electric Range, Refrigerator, Washer
  • ResoLivingAreaSource: PublicRecords
  • Appliances:Electric Range: Yes

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Acres: 0.94
  • Waterfront: No
  • Construction Type: Other
  • Construction Materials:Other15: Yes

Garage/Parking

  • General Property Information:Garage YN: No
  • General Property Information:Open Parking Spaces2: 12.0

Utilities

  • Cooling: Wall/Window Unit(s)
  • Utilities: Cable Available, Electricity Connected, Water Available
  • Heating: Other
  • Cooling Y N: Yes
  • HeatingYN: 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: 40946.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 21-35-33-75-0000c.0-0011.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Grounds Care, Sewer, Taxes, Water

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 3026.57

Multi Family

  • Number Of Units Total: 6
  • Annual Operating Expense: 9626.0
  • Income And Expenses Net Operating Income: 34000.0

MLS Schools

  • Elementary School: Mims
  • High School: Astronaut

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2017
Closed on
Mar 23, 2018
Sold by
Brycen Grant Properties Lp
Bought by
Affordable Coastal Homes Llc
Seller's Agent
David Somers
Coldwell Banker Coast Realty
Buyer's Agent
Brandon Spaur
Landshark Realty
List Price
$249,900
Sold Price
$240,000
Premium/Discount to List
-$9,900
-3.96%
Current Estimated Value
$402,820

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,820
Avg. Annual Appreciation
6.95%

Purchase Details

Closed on
Jun 11, 2012
Sold by
Sigh Chandradat
Bought by
Brycen Grant Properties Inc

Purchase Details

Closed on
Sep 23, 2011
Sold by
Asset Mae Inc
Bought by
1549 Violet Ave Land Trust

Purchase Details

Closed on
Jul 28, 2011
Sold by
Bayview Loan Servicing Llc
Bought by
Asset Mae Inc

Purchase Details

Closed on
Oct 13, 2009
Sold by
Javaheri Armann
Bought by
Bayview Loan Servicing Llc

Purchase Details

Closed on
May 31, 2005
Sold by
Grubb Marvin Eugene and Grubb Phyllis Earline
Bought by
Javaheri Armann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
5.69%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 1, 2004
Sold by
Grubb Marvin Eugene and Grubb Phyllis Earline
Bought by
Grubb Marvin Eugene and Grubb Phyllis Earline
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Affordable Coastal Homes Llc $240,000 Title Closer
Brycen Grant Properties Lp -- Attorney
Brycen Grant Properties Inc -- None Available
1549 Violet Ave Land Trust -- None Available
Asset Mae Inc $16,500 Attorney
Bayview Loan Servicing Llc -- Attorney
Javaheri Armann $200,000 Gulfatlantic Title
Grubb Marvin Eugene -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Javaheri Armann $160,000
Closed Javaheri Armann $20,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/23/2018 03/23/18 Sold $240,000 -4.0% $64 / Sq Ft
12/02/2017 12/02/17 Pending -- -- --
11/30/2017 11/30/17 For Sale $249,900 -- $66 / 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 $6,622 $438,480 -- --
2024 $5,831 $438,480 -- --
2023 $5,831 $347,760 $0 $0
2022 $4,791 $249,120 $0 $0
2021 $4,605 $218,550 $27,750 $190,800
2020 $4,293 $198,680 $27,750 $170,930
2019 $4,321 $190,520 $27,750 $162,770
2018 $3,162 $129,580 $27,750 $101,830
2015 $2,890 $115,940 $26,500 $89,440
2014 $2,708 $107,390 $26,500 $80,890
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 799332

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 21-35-33-75-0000C.0-0011.00