NOT LISTED FOR SALE

1781 Lockheed St Palm Bay, FL 32909

Port Malabar Neighborhood

Estimated Value: $494,058 - $706,000

Studio
3 Baths
3,840 Sq Ft
$152/Sq Ft Est. Value

Sale Details

Date Sold: March 8, 2019

Last sale price $340,000 $89 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $3,865 / mo

139 Days on Market

Highlights

  • RV Access or Parking
  • Wooded Lot
  • Tile Flooring
  • 0.59 Acre Lot
  • No HOA
  • 1-Story Property

About This Home

As of March 2019

2 Duplexes (four units) of 2 bed 2 bath homes with tile throughout. All homes have their own private 2 car driveways, and back porches. Relaxing scenic surroundings with tons of open lawn to use for play or storage. Washers and dryers are included in all units. All tenants are punctual with their payments. Present annual income of $42,300. This is the best investment buy in Palm Bay.

Last Agent to Sell the Property

Kirsten Davis

Waterman Real Estate, Inc. License #3306182 Listed on: 12/12/2018

Waterman Real Estate, Inc.

Last Buyer's Agent

Ana Beckner

RE/MAX Elite License #3267788

RE/MAX Elite

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,021

Year Built

  • Built in 1996

Lot Details

  • 25,700 Sq Ft Lot
  • Wooded Lot

Home Design

  • Quadruplex
  • Frame Construction
  • Shingle Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 3,840 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Laundry

  • Dryer
  • Washer

Parking

  • Additional Parking
  • RV Access or Parking

Schools

  • Port Malabar Elementary School
  • Stone Middle School
  • Palm Bay High School

Utilities

  • Well
  • Water Softener is Owned
  • Septic Tank

Listing and Financial Details

  • The owner pays for electricity, exterior maintenance, grounds care, repairs, sewer, taxes, trash collection, water
  • Assessor Parcel Number 29-37-03-26-01989.0-0006.00

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Operating Expense $6,906
  • Gross Income $38,400
  • Net Operating Income $31,494

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,021

Year Built

Built in 1996

Lot Details

0.59 Acres

Listing Details

  • Property Type: Residential Income
  • Year Built: 1996
  • Reso Property Sub Type: Quadruplex
  • ResoLotFeatures: Wooded
  • ResoSpecialListingConditions: Standard
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Location Tax and Legal Parcel Number2: 29-37-03-26-01989.0-0006.00
  • Location Tax and Legal Elementary School: Port Malabar
  • Location Tax and Legal Middle School2: Stone
  • Location Tax and Legal High School: Palm Bay
  • Location Tax and Legal Tax Annual Amount: 5021.02
  • Location Tax and Legal Tax Year2: 2017
  • General Property Information Living Area2: 3840.0
  • General Property Information Building Area Total3: 3840.0
  • General Property Information Lot Size Acres: 0.59
  • General Property Information Lot Size Square Feet2: 25700.0
  • General Property Information Waterfront YN: No
  • Appliances Refrigerators: Yes
  • Flooring Tile: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Levels One: Yes
  • Roof:Shingle: Yes
  • Utilities Electricity Connected: Yes
  • Water Source Well: Yes
  • General Property Information Carport YN2: No
  • General Property Information Number Of Units Total2: 4.0
  • Gross Scheduled Income: 38400.0
  • Income And Expenses Operating Expense: 6905.6
  • Owner Pays:Sewer2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Tile
  • Appliances: Dryer, Refrigerator, Washer, Water Softener Owned
  • ResoLivingAreaSource: PublicRecords
  • Appliances:Water Softener-Owned: Yes

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Acres: 0.59
  • Waterfront: No
  • Construction Type: Frame, Vinyl Siding, Wood Siding
  • Construction Materials:Frame: Yes
  • Construction Materials:Wood Siding: Yes
  • Lot Features:Wooded: Yes
  • Construction Materials:Vinyl Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Additional Parking, RV Access/Parking
  • General Property Information:Garage YN: No
  • Parking Features:Additional Parking: Yes
  • Parking Features:RV AccessParking: Yes

Utilities

  • Utilities: Electricity Connected
  • Water Source: Well
  • Sewer Septic Tank: Yes

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: 25700.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 29-37-03-26-01989.0-0006.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Electricity, Exterior Maintenance, Grounds Care, Repairs, Sewer, Taxes, Trash Collection, Water

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 5021.02

Multi Family

  • Number Of Units Total: 4
  • Annual Operating Expense: 6905.6
  • Income And Expenses Net Operating Income: 31494.4

MLS Schools

  • Elementary School: Port Malabar
  • High School: Palm Bay

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

Closed on
Jul 10, 2021
Sold by
Bought by
Current Estimated Value
$584,765

Purchase Details

Closed on
Dec 30, 2020
Sold by
Bought by

Purchase Details

Listed on
Dec 12, 2018
Closed on
Mar 8, 2019
Sold by
Bought by
Seller's Agent
Kirsten Davis
Waterman Real Estate, Inc.
Buyer's Agent
Ana Beckner
RE/MAX Elite
List Price
$365,000
Sold Price
$340,000
Premium/Discount to List
-$25,000
-6.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.60%
Original Mortgage
$255,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 5, 2006
Sold by
Bought by

Purchase Details

Closed on
Mar 1, 2006
Sold by
Bought by

Purchase Details

Closed on
Nov 15, 2001
Sold by
Bought by

Purchase Details

Closed on
Feb 25, 1998
Sold by
Bought by

Purchase Details

Closed on
Jun 23, 1995
Sold by
Bought by
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

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
-- Attorney
-- Attorney
$340,000 Prestige Ttl Of Brevard Llc
-- Attorney
$380,000 Peninsula Title Services Llc
$191,000 --
-- --
$12,000 --
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 $257,250
Previous Owner $255,000
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
03/08/2019 03/08/19 Sold $340,000 -6.8% $89 / Sq Ft
01/30/2019 01/30/19 Pending -- -- --
12/11/2018 12/11/18 Price Changed $365,000 0.0% $95 / Sq Ft
12/11/2018 12/11/18 For Sale $365,000 -1.4% $95 / Sq Ft
11/06/2018 11/06/18 Pending -- -- --
09/12/2018 09/12/18 For Sale $370,000 -- $96 / 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
2025 $8,140 $460,810
2024 $6,681 $422,410
2023 $6,681 $345,610
2022 $6,805 $349,930 $0 $0
2021 $5,958 $286,610 $24,200 $262,410
2020 $5,668 $272,950 $24,200 $248,750
2019 $5,324 $233,280 $22,000 $211,280
2018 $4,861 $210,000 $0 $210,000
2017 $5,021 $210,000 $0 $210,000
2016 $4,686 $205,000 $0 $0
2015 $4,660 $198,000 $11,000 $187,000
2014 $4,327 $180,000 $11,000 $169,000
Source: Public Records

Agents Affiliated with this Home

  • Kirsten Davis

    Seller's Agent in 2019

    Kirsten Davis

    Waterman Real Estate, Inc.

    (321) 266-9103

    4 in this area

    53 Total Sales

    Kirsten Davis
    Section Image
  • Ana Beckner

    Buyer's Agent in 2019

    Ana Beckner

    RE/MAX

    (321) 652-9321

    1 in this area

    31 Total Sales

    Ana Beckner
    Section Image
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Map

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

MLS Number: 824336

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 29-37-03-26-01989.0-0006.00

Florida Brevard County Palm Bay 32909 Port Malabar

1781 Lockheed St, Palm Bay, 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.

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