NOT LISTED FOR SALE

1562 University Ln Unit 705 Cocoa, FL 32922

Estimated Value: $98,000 - $129,000

2 Beds
2 Baths
952 Sq Ft
$192/mo HOA Fee

Last Sold July 21, 2015

Last sale price $31,000 $33 Per Sq Ft

Est. 254% increase in value since last sale

Current estimated payment $916/month

22 Days on Market

Highlights

  • Open Floorplan
  • Tile Flooring
  • West Facing Home
  • Community Pool
  • Central Heating and Cooling System

About This Home

As of July 2015

INVESTOR ALERT! Well maintained complex with LOW HOA. Convenient location to the college, the beach, the space center, Port Canaveral and Orlando. Tenant in place and they'd like to stay! Very nice, ground floor unit with 2 bedrooms and 2 baths. Unit has a pool view.

Last Agent to Sell the Property

Gina Dalley McTernan

RE/MAX Solutions License #3057721 Listed on: 06/17/2015

RE/MAX Solutions

Last Buyer's Agent

Gina Dalley McTernan

RE/MAX Solutions License #3057721 Listed on: 06/17/2015

RE/MAX Solutions

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $628

Year Built

  • Built in 1982

Lot Details

  • West Facing Home

HOA Fees

  • $192 Monthly HOA Fees

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 952 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Tile Flooring

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Cambridge Elementary School
  • Cocoa Middle School
  • Cocoa High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 24-36-20-00-00267.9-0000.00

Community Details

Overview

  • College Pines Condo Ph III Subdivision

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$628

Year Built

Built in 1982

Lot Details

0

HOA Fees

$192 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1982
  • Reso Property Sub Type: Condominium
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: College Pines Condo Ph III
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 24-36-20-00-00267.9-0000.00
  • Location Tax and Legal Elementary School: Cambridge
  • Location Tax and Legal Middle School2: Cocoa
  • Location Tax and Legal High School: Cocoa
  • Location Tax and Legal Tax Annual Amount: 628.43
  • Location Tax and Legal Tax Year2: 2014
  • General Property Information Living Area2: 952.0
  • General Property Information Building Area Total3: 952.0
  • General Property Information Lot Size Acres: 0.08
  • General Property Information Lot Size Square Feet2: 3485.0
  • General Property Information New Construction YN: No
  • General Property Information Waterfront YN: No
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: West
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Flooring Tile: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Levels Two: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • General Property Information Stories Total: 2
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Interior Amenities: Open Floorplan
  • Flooring: Tile
  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Open Floorplan: Yes
  • Pool Features:Community: Yes

Exterior Features

  • Pool Features: Community
  • Roof: Shingle
  • Acres: 0.08
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: West
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Cable Available, Electricity Connected, Water Available
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 575.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 575.0
  • General Property Information:Association Fee Frequency: Quarterly

Schools

  • Middle Or Junior School: Cocoa

Lot Info

  • Lot Size Sq Ft: 3485.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2416021
  • Parcel #: 24-36-20-00-00267.9-0000.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 628.43

MLS Schools

  • Elementary School: Cambridge
  • High School: Cocoa

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 7, 2019
Sold by
Boardman Nicholas and Nicholas Boardman Revocable Li
Bought by
Bonsai Space Llc
Current Estimated Value
$109,594

Purchase Details

Closed on
Nov 3, 2017
Sold by
Boardman Nicholas
Bought by
Boardman Nicholas and The Nicholas Boardman Revocabl

Purchase Details

Listed on
Jun 17, 2015
Closed on
Jul 21, 2015
Sold by
Townsend Janice L and Krechting William J
Bought by
Boardman Nicholas
Seller's Agent
Gina Dalley McTernan
RE/MAX Solutions
Buyer's Agent
Gina Dalley McTernan
RE/MAX Solutions
List Price
$32,500
Sold Price
$31,000
Premium/Discount to List
-$1,500
-4.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.10%

Purchase Details

Closed on
Jun 18, 2013
Sold by
Townsend Katrina M
Bought by
Townsend Janice L and Krechting William J

Purchase Details

Closed on
Aug 21, 2000
Sold by
Mcghee Kenneth B and Smith Jodie D
Bought by
Townsend Katrina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,824
Interest Rate
8.07%
Source: Public Records

Range of Values:

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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
Bonsai Space Llc -- Attorney
Boardman Nicholas -- None Available
Boardman Nicholas $31,000 Island Title & Escrow Agency
Townsend Janice L -- Island Title & Escrow Agency
Townsend Janice L $14,700 None Available
Townsend Katrina $44,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Townsend Katrina $36,824
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/21/2015 07/21/15 Sold $31,000 -4.6% $33 / Sq Ft
07/10/2015 07/10/15 Pending -- -- --
06/17/2015 06/17/15 For Sale $32,500 0.0% $34 / Sq Ft
10/05/2012 10/05/12 Rented $650 0.0% --
10/02/2012 10/02/12 Under Contract -- -- --
08/15/2012 08/15/12 For Rent $650 -- --
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 $1,740 $110,620 -- --
2024 $1,633 $96,700 -- --
2023 $1,633 $89,760 $0 $0
2022 $1,341 $66,550 $0 $0
2021 $1,231 $51,510 $0 $51,510
2020 $1,211 $51,510 $0 $51,510
2019 $976 $46,120 $0 $46,120
2018 $797 $30,260 $0 $30,260
2017 $808 $30,270 $0 $30,270
2016 $764 $27,520 $0 $0
2015 $682 $22,930 $0 $0
2014 $628 $22,480 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 727997

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 24-36-20-00-00267.9-0000.00