NOT LISTED FOR SALE

1612 Mitchell St Melbourne, FL 32901

Melbourne Area

Estimated Value: $630,613

Studio
4 Baths
3,040 Sq Ft
$207/Sq Ft Est. Value

Sale Details

Date Sold: June 8, 2021

Last sale price $460,000 $151 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $4,251 / mo

Highlights

  • No HOA
  • 1-Story Property
  • Central Air
  • Tile Flooring

About This Home

As of June 2021

Investors Alert! 4 PLEX Cash cow... Jump on the trending House hack... live in one unit while renting the other 3 units out? Real estate investing can be one of the most powerful ways to make your money work for you. Solid concrete block structure. Roof is newer 2017 all 4 units have updated breaker panels. 3 units have been remodeled. 10 parking spaces. City water & City sewer with all separate meters. All units have own laundry rooms. Close to Downtown Melbourne and beach. PLEASE DO NOT DISTURB TENANTS.

Last Agent to Sell the Property

Laura Boles

One Sotheby's International Listed on: 04/22/2021

Co-Listed By

Chau Nguyen

One Sotheby's International

Last Buyer's Agent

Non-Member Non-Member Out Of Area

Non-MLS or Out of Area License #nonmls

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,070

Year Built

  • Built in 1970

Lot Details

  • 0.29

Home Design

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

Interior Spaces

  • 3,040 Sq Ft Home
  • 1-Story Property
  • Electric Range

Flooring

  • Tile
  • Vinyl

Schools

  • University Park Elementary School
  • Stone Middle School
  • Melbourne High School

Additional Features

  • 12,632 Sq Ft Lot
  • Central Air

Community Details

  • No Home Owners Association
  • 4 Units

Listing and Financial Details

  • The owner pays for exterior maintenance
  • Assessor Parcel Number 28-37-04-01-0000h.0-0012.00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,070

Year Built

Built in 1970

Lot Details

0.29 Acres

Listing Details

  • Property Type: Residential Income
  • Year Built: 1970
  • Reso Property Sub Type: Quadruplex
  • Road Surface Type: Paved
  • Co List Office Mls Id: nare0
  • Co List Office Phone: 321-984-3135
  • ResoSpecialListingConditions: Standard
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Location Tax and Legal Parcel Number2: 28-37-04-01-0000h.0-0012.00
  • Location Tax and Legal Elementary School: University Park
  • Location Tax and Legal Middle School2: Stone
  • Location Tax and Legal High School: Melbourne
  • Location Tax and Legal Tax Annual Amount: 3069.8
  • Location Tax and Legal Tax Year2: 2020
  • General Property Information Living Area2: 3040.0
  • General Property Information Building Area Total3: 3200.0
  • General Property Information Lot Size Acres: 0.29
  • General Property Information Lot Size Square Feet2: 12632.0
  • General Property Information Waterfront YN: No
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Flooring Tile: Yes
  • Levels One: Yes
  • Roof:Shingle: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • Flooring Vinyl: Yes
  • General Property Information Number Of Units Total2: 4.0
  • Utilities Sewer Connected: Yes
  • General Property Information Number Of Buildings2: 1.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Acres: 0.29
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • 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: 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: Stone

Lot Info

  • Lot Size Sq Ft: 12632.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 28-37-04-01-0000h.0-0012.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Exterior Maintenance, Other

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 3069.8

Multi Family

  • Number Of Units Total: 4

MLS Schools

  • Elementary School: University Park
  • High School: Melbourne

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2021
Closed on
May 1, 2021
Sold by
Susan L Wright Revocable Living Trust and Wright Susan L
Bought by
Seller's Agent
Laura Boles
One Sotheby's International
Buyer's Agent
Non-Member Non-Member Out Of Area
Non-MLS or Out of Area
List Price
$450,000
Sold Price
$460,000
Premium/Discount to List
$10,000
2.22%
Current Estimated Value
$630,613

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,613
Avg. Annual Appreciation
6.16%
Original Mortgage
$345,000
Outstanding Balance
$304,071
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$326,542

Purchase Details

Closed on
Nov 16, 2016
Sold by
Wills Paul M and Wright Susan L
Bought by
Livin Wright Susan L and Susan L Wright Revocable Living Trust

Purchase Details

Closed on
Nov 1, 2016
Bought by
Livin Susan L Wright Revocable

Purchase Details

Closed on
Jun 14, 2002
Sold by
Mangonon Aurora Castaneda
Bought by
Wills Paul M and Wills Susan W
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Melbourne, FL

  • Melissa Norcross Real Estate Agent - Launch Realty & Prop Mgmt. LLC

    Melissa Norcross

    Launch Realty & Prop Mgmt. LLC

    (321) 450-8711

    20 Total Sales

    2 in Melbourne

    $190K - $680K Price Range

    Melissa Norcross
     Section Image

  • SW

    Samantha Weston

    Coldwell Banker Realty

    (734) 521-4761

    21 Total Sales

    1 in Melbourne

    $191,000 Price

    Samantha Weston
     Section Image
  • Scott Bouchard Real Estate Agent - One Sotheby's International

    Scott Bouchard

    One Sotheby's International

    (321) 394-9702

    54 Total Sales

    6 in Melbourne

    $475K - $2M Price Range

    Scott Bouchard
     Section Image
  • Don Bender Real Estate Agent - Keller Williams Space Coast

    Don Bender

    Keller Williams Space Coast

    (717) 356-3224

    12 Total Sales

    1 in Melbourne

    $295,000 Price

    Don Bender
     Section Image
  • Bart DeNitto Real Estate Agent - EXP Realty, LLC

    Bart DeNitto

    EXP Realty, LLC

    (321) 334-4065

    12 Total Sales

    1 in Melbourne

    $250,000 Price

    Bart DeNitto
     Section Image
  • Alisabet Valdes Real Estate Agent - Arium Real Estate, LLC

    Alisabet Valdes

    Arium Real Estate, LLC

    (321) 341-4644

    13 Total Sales

    1 in Melbourne

    $67,000 Price

    Alisabet Valdes
     Section Image
See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$460,000 Alliance Title Of The Treasure
Livin Wright Susan L -- None Available
Livin Susan L Wright Revocable $100 --
Wills Paul M $147,500 --
Wills Paul M -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $345,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/08/2021 06/08/21 Sold $460,000 +2.2% $151 / Sq Ft
04/23/2021 04/23/21 Pending -- -- --
04/22/2021 04/22/21 For Sale $450,000 -- $148 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $8,297 $475,200
2025 $7,250 $475,200
2024 $6,635 $410,400
2023 $6,635 $364,800
2022 $5,920 $330,000 $0 $0
2021 $3,193 $162,880 $31,600 $131,280
2020 $3,070 $155,130 $31,600 $123,530
2019 $2,962 $143,640 $31,600 $112,040
2018 $2,872 $136,000 $0 $136,000
2017 $2,827 $131,000 $0 $131,000
2016 $2,753 $123,000 $0 $0
2015 $2,557 $107,000 $30,000 $77,000
2014 $2,351 $98,000 $30,000 $68,000
Source: Public Records

Agents Affiliated with this Home

  • LB

    Seller's Agent in 2021

    Laura Boles

    One Sotheby's International

  • CN

    Seller Co-Listing Agent in 2021

    Chau Nguyen

    One Sotheby's International

  • NN

    Buyer's Agent in 2021

    Non-Member Non-Member Out Of Area

    Non-MLS or Out of Area

See All Agents

Map

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

MLS Number: 902829

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-37-04-01-0000H.0-0012.00

Florida Brevard County Melbourne 32901

1612 Mitchell St, Melbourne, FL

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.

Space Coast MLS (Space Coast Association of REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.