Seller's Agent in 2020
Jesse Tortorice
Spectrum, Inc.
(321) 223-9033
3 in this area
69 Total Sales
1650 N Highway A1a Unit 1650 & 1660 Indialantic, FL 32903
Paradise Beach NeighborhoodEstimated Value: $548,877 - $714,000
--
Bed
--
Bath
2,465
Sq Ft
$255/Sq Ft
Est. Value
Highlights
- Waterfront
- 2 Car Attached Garage
- 1-Story Property
- Indialantic Elementary School Rated A-
- Tile Flooring
- Central Air
About This Home
As of September 2020Outstanding Beachside Duplex on A1A across from the Ocean and Double Tree Hotel in Indialantic! Very well maintained throughout, these 2 units feature mirrored floor plans with Split 2 Bedroom / 2 Full Baths / 2 Full Car Garages and Huge Screened Back Porches! Recent updates include New Dimensional Shingle Roof, New AC Systems, Metal Hurricane Panels, Exterior Paint and Newer Appliances! Currently both sides occupied, one is MTM, so please review all additional info and walk thru tour. Association only takes care of all the lawns at $375/qtr. Excellent opportunity for either investor or owner occupant!
Last Agent to Sell the Property
Spectrum, Inc. License #3031729 Listed on: 08/15/2020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,223
Year Built
- Built in 2001
Lot Details
- 0.25 Acre Lot
- Lot Dimensions are 76 x 140
- Waterfront
HOA Fees
- $125 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- 3 Open Parking Spaces
- Garage Door Opener
Home Design
- Duplex
- Shingle Roof
- Concrete Siding
- Block Exterior
- Stucco
Interior Spaces
- 2,465 Sq Ft Home
- 1-Story Property
- Tile Flooring
Kitchen
- Electric Range
- Microwave
- Dishwasher
Laundry
- Dryer
- Washer
Schools
- Indialantic Elementary School
- Hoover Middle School
- Melbourne High School
Utilities
- Central Air
- Cable TV Available
Listing and Financial Details
- The owner pays for grounds care, insurance, repairs, taxes
- Assessor Parcel Number 27-37-25-01-00003.0-0009.00
Community Details
Overview
- 2 Units
- Ocean Village Plat Of Eau Gallie Beach Subdivision
Building Details
- Operating Expense $10,866
- Gross Income $39,600
- Net Operating Income $27,546
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 15, 2020
Closed on
Sep 23, 2020
Sold by
Lucchesi Frank P
Bought by
Tebbe Paul Christopher
Seller's Agent
Jesse Tortorice
Spectrum, Inc.
Buyer's Agent
Jesse Tortorice
Spectrum, Inc.
List Price
$469,900
Sold Price
$465,000
Premium/Discount to List
-$4,900
-1.04%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,719
Avg. Annual Appreciation
6.76%
Original Mortgage
$372,000
Outstanding Balance
$334,591
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$306,235
Purchase Details
Closed on
May 20, 2013
Sold by
Liscum Timothy M and Bryant Madeleine
Bought by
The Bank Of York Mellon
Purchase Details
Closed on
Mar 18, 2009
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Lucchesi Frank P
Purchase Details
Closed on
Apr 30, 2008
Sold by
Wright Andrew
Bought by
Federal Home Loan Mortgage Corp
Purchase Details
Closed on
Dec 1, 2006
Sold by
Avocat Inc
Bought by
Asian Market & Imports Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
12%
Mortgage Type
Unknown
Purchase Details
Closed on
Feb 9, 2006
Sold by
Wright Virginia L and Wright Andrew
Bought by
Wright Andrew
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,190
Interest Rate
12%
Mortgage Type
Unknown
Purchase Details
Closed on
Dec 15, 2005
Sold by
Trost Michael L
Bought by
Wright Virginia L and Wright Andrew
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$377,600
Interest Rate
7.75%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Sep 19, 2003
Sold by
Wu Geri
Bought by
Trost Michael L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,300
Interest Rate
5.25%
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Tebbe Paul Christopher | $465,000 | Attorney | |
| The Bank Of York Mellon | $101,000 | None Available | |
| Lucchesi Frank P | $227,000 | Attorney | |
| Federal Home Loan Mortgage Corp | -- | Attorney | |
| Asian Market & Imports Llc | $240,000 | Statewide Title & Escrow | |
| Wright Andrew | $236,000 | None Available | |
| Wright Virginia L | $472,000 | Alliance Title Brevard Llc | |
| Trost Michael L | $309,000 | Alliance Title Brevard Llc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Tebbe Paul Christopher | $372,000 | |
| Previous Owner | Wright Andrew | $150,000 | |
| Previous Owner | Wright Andrew | $150,000 | |
| Previous Owner | Wright Andrew | $65,190 | |
| Previous Owner | Wright Virginia L | $377,600 | |
| Previous Owner | Trost Michael L | $216,300 | |
| Previous Owner | Vistar Realty Inc | $200,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/23/2020 09/23/20 | Sold | $465,000 | -1.0% | $189 / Sq Ft |
| 08/17/2020 08/17/20 | Pending | -- | -- | -- |
| 08/15/2020 08/15/20 | For Sale | $469,900 | -- | $191 / Sq Ft |
Source: Space Coast MLS (Space Coast Association of REALTORS®)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2023 | $6,752 | $463,320 | $110,000 | $353,320 |
| 2022 | $6,614 | $495,000 | $0 | $0 |
| 2021 | $5,173 | $361,530 | $0 | $0 |
| 2020 | $5,626 | $358,180 | $110,000 | $248,180 |
| 2019 | $5,222 | $325,620 | $110,000 | $215,620 |
| 2018 | $4,975 | $304,000 | $0 | $304,000 |
| 2017 | $4,732 | $275,000 | $0 | $275,000 |
| 2016 | $4,536 | $250,000 | $0 | $0 |
| 2015 | $4,468 | $220,000 | $75,000 | $145,000 |
| 2014 | $4,023 | $200,000 | $70,000 | $130,000 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: Space Coast MLS (Space Coast Association of REALTORS®)
MLS Number: 882931
APN: 27-37-25-01-00003.0-0009.00
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