Robin Raiff
Responds Quickly
The Keyes Company
(772) 646-9684
388 Total Sales
3 in Melbourne
$48K - $360K Price Range
1620 Palm Ridge Rd Melbourne, FL 32935
Melbourne Area
--
Bed
2
Baths
2,028
Sq Ft
0.33
Acre Lot
Highlights
- Corner Lot
- 3 Car Attached Garage
- 1-Story Property
- No HOA
- Tile Flooring
About This Home
As of November 2018Investment opportunity. An instant income producing triplex with a new roof in a very convenient area. Very high traffic area good for renters. Each unit has it's own garage and there is a large common area yard in the back. **This property is part of a rental portfolio sale. Please see documents tab for whole portfolio (2 pages). Property can be bought as part or whole package.
Last Agent to Sell the Property
Bradley Griffin
Keller Williams Realty Brevard Listed on: 10/18/2018
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,848
Year Built
- Built in 1960
Lot Details
- 14,375 Sq Ft Lot
- Corner Lot
Parking
- 3 Car Attached Garage
Home Design
- Triplex
- Shingle Roof
- Concrete Siding
- Block Exterior
Interior Spaces
- 2,028 Sq Ft Home
- 1-Story Property
- Tile Flooring
- Electric Range
Schools
- Creel Elementary School
- Johnson Middle School
- Eau Gallie High School
Utilities
- Cooling System Mounted To A Wall/Window
Listing and Financial Details
- The owner pays for grounds care, insurance, taxes
- Assessor Parcel Number 27-37-08-51-00000.0-0022.00
Community Details
Overview
- No Home Owners Association
- 3 Units
Building Details
- Operating Expense $5,000
- Gross Income $28,800
- Net Operating Income $23,800
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
Oct 18, 2018
Closed on
Nov 6, 2018
Sold by
Bought by
Seller's Agent
Bradley Griffin
Keller Williams Realty Brevard
Buyer's Agent
Neko Shepherd
Weichert REALTORS Hallmark Pro
List Price
$250,000
Sold Price
$250,000
Purchase Details
Listed on
Jul 3, 2014
Closed on
Aug 26, 2014
Sold by
Bought by
Seller's Agent
A. Peri Kiros
RE/MAX 2000
Buyer's Agent
A. Peri Kiros
RE/MAX 2000
List Price
$135,000
Sold Price
$128,000
Premium/Discount to List
-$7,000
-5.19%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.28%
Purchase Details
Closed on
Jun 1, 2001
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Melbourne, FL
-
Robin Raiff
-
Raymond Giamporcaro
Raymond Giamporcaro
EXP Realty, LLC
(321) 459-6061
119 Total Sales
8 in Melbourne
$195K - $359K Price Range
-
Randall Wouters
Randall Wouters
EXP Realty LLC
(321) 335-4675
65 Total Sales
6 in Melbourne
$85K - $640K Price Range
-
Shannon McLoren
Shannon McLoren
Florida Homes Rlty. & Mtg. LLC
(321) 351-3650
24 Total Sales
9 in Melbourne
$200K - $375K Price Range
-
Adam Sortman
Adam Sortman
Boardwalk Realty, LLC
(321) 730-2352
84 Total Sales
7 in Melbourne
$168K - $797K Price Range
-
Jason Coley
Jason Coley
Atlantic Shores ERA Powered
(772) 732-3416
803 Total Sales
3 in Melbourne
$285K - $340K Price Range
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 |
|---|---|---|---|
| $250,000 | The Title Company Of Brevard | ||
| $128,000 | Bella Title & Escrow Inc | ||
| $100,000 | -- |
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 |
|---|---|---|---|
| Previous Owner | $35,000 | ||
| Previous Owner | $22,240 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 11/07/2018 11/07/18 | Sold | $250,000 | 0.0% | $123 / Sq Ft | |
| 10/27/2018 10/27/18 | Pending | -- | -- | -- | |
| 10/18/2018 10/18/18 | For Sale | $250,000 | 0.0% | $123 / Sq Ft | |
| 10/08/2018 10/08/18 | Pending | -- | -- | -- | |
| 09/26/2018 09/26/18 | For Sale | $250,000 | +95.3% | $123 / Sq Ft | |
| 08/26/2014 08/26/14 | Sold | $128,000 | -5.2% | $42 / Sq Ft | View Prior Sale |
| 08/08/2014 08/08/14 | Pending | -- | -- | -- | |
| 07/02/2014 07/02/14 | For Sale | $135,000 | -- | $45 / 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 | $6,540 | $372,000 | ||
| 2025 | $6,034 | $372,000 | ||
| 2024 | $5,781 | $372,000 | ||
| 2023 | $5,781 | $372,000 | $0 | $0 |
| 2022 | $4,919 | $304,200 | $0 | $0 |
| 2021 | $4,485 | $238,180 | $90,000 | $148,180 |
| 2020 | $4,117 | $216,520 | $90,000 | $126,520 |
| 2019 | $3,967 | $200,490 | $90,000 | $110,490 |
| 2018 | $3,067 | $160,000 | $0 | $160,000 |
| 2017 | $2,848 | $140,000 | $0 | $140,000 |
| 2016 | $2,695 | $120,000 | $0 | $0 |
| 2015 | $2,513 | $106,000 | $39,000 | $67,000 |
| 2014 | $1,603 | $64,000 | $16,500 | $47,500 |
Source: Public Records
Agents Affiliated with this Home
-
B
Seller's Agent in 2018
Bradley Griffin
Keller Williams Realty Brevard
-
Neko Shepherd
Buyer's Agent in 2018
Neko Shepherd
Weichert REALTORS Hallmark Pro
(321) 313-8576
17 Total Sales
-
A
Seller's Agent in 2014
A. Peri Kiros
RE/MAX 2000
Map
Source: Space Coast MLS (Space Coast Association of REALTORS®)
MLS Number: 825505
APN: 27-37-08-51-00000.0-0022.00
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.
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.
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