NOT LISTED FOR SALE

1831 Convair St SE Palm Bay, FL 32909

Port Malabar Neighborhood

Estimated Value: $643,000 - $707,000

3 Beds
1 Bath
3,664 Sq Ft
$186/Sq Ft Est. Value

Last Sold September 07, 2018

Last sale price $400,000 $109 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $4,185/month

49 Days on Market

Highlights

  • 0.69 Acre Lot
  • No HOA
  • Tile Flooring
  • Corner Lot
  • Resident Manager or Management On Site
  • Central Air

About This Home

As of September 2018

Great Investment Opportunity! All 4 units are currently occupied. Building is set for section 8 but only 1 tenant is currently under section 8. This is at a 8.8% CAP.

Last Agent to Sell the Property

Anthony Granato

Blue Marlin Real Estate License #3251282 Listed on: 06/18/2018

Blue Marlin Real Estate

Co-Listed By

Nicholas Lamonica

RE/MAX Solutions License #3288383

Last Buyer's Agent

Aida Teague

Keller Williams Realty Brevard License #3076756

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,711

Year Built

  • Built in 1986

Lot Details

  • 0.69 Acre Lot
  • Corner Lot

Home Design

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

Interior Spaces

  • 3,664 Sq Ft Home
  • 2-Story Property

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile

Schools

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

Utilities

  • Central Air
  • Well
  • Septic Tank

Listing and Financial Details

  • The owner pays for grounds care, repairs, taxes, trash collection
  • Assessor Parcel Number 29-37-03-26-01985.0-0007.00

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Operating Expense $9,291
  • Gross Income $43,200
  • Net Operating Income $35,889

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,711

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1986
  • Reso Property Sub Type: Quadruplex
  • ResoLotFeatures: Corner Lot
  • Reso Association Amenities: Management - Live In
  • Co List Office Mls Id: rsol
  • Co List Office Phone: 321-766-5674
  • ResoSpecialListingConditions: Standard
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Location Tax and Legal Parcel Number2: 29-37-03-26-01985.0-0007.00
  • 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: 5710.86
  • Location Tax and Legal Tax Year2: 2017
  • General Property Information Living Area2: 3664.0
  • General Property Information Building Area Total3: 3664.0
  • General Property Information Lot Size Acres: 0.69
  • General Property Information Lot Size Square Feet2: 30056.0
  • General Property Information Waterfront YN: No
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Flooring Laminate: Yes
  • Flooring Tile: Yes
  • Roof:Shingle: Yes
  • Flooring Carpet: Yes
  • Levels Two: Yes
  • Water Source Well: Yes
  • General Property Information Carport YN2: No
  • General Property Information Number Of Units Total2: 4.0
  • Gross Scheduled Income: 43200.0
  • Income And Expenses Operating Expense: 9290.86
  • Association Amenities Management - Live In: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Laminate, Tile
  • Appliances: Dishwasher, Electric Range, Refrigerator
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Acres: 0.69
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Lot Features:Corner Lot: Yes

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • 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: 30056.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2923015
  • Parcel #: 29-37-03-26-01985.0-0007.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Grounds Care, Repairs, Taxes, Trash Collection

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 5710.86

Multi Family

  • Number Of Units Total: 4
  • Annual Operating Expense: 9290.86
  • Income And Expenses Net Operating Income: 35889.14

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2018
Closed on
Sep 7, 2018
Sold by
1789 Canova St Inc
Bought by
Griffiths Stephen and Griffiths Julie Ann
Seller's Agent
Anthony Granato
Blue Marlin Real Estate
Buyer's Agent
Aida Teague
Keller Williams Realty Brevard
List Price
$375,000
Sold Price
$400,000
Premium/Discount to List
$25,000
6.67%
Current Estimated Value
$680,019

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$280,019
Avg. Annual Appreciation
7.90%
Original Mortgage
$156,500
Interest Rate
4.6%

Purchase Details

Listed on
Sep 19, 2017
Closed on
Dec 22, 2017
Sold by
Fowler Geoff and Fowler Deborah
Bought by
1789 Canova St Inc
Seller's Agent
Jay Ashta
Harbor City Business Brokers
Buyer's Agent
Anthony Granato
RE/MAX Solutions
List Price
$269,000
Sold Price
$230,000
Premium/Discount to List
-$39,000
-14.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
118.02%

Purchase Details

Closed on
Oct 31, 2015
Sold by
Jestomi Inc
Bought by
Fowler Geoff and Fowler Deborah

Purchase Details

Closed on
Jul 12, 2007
Sold by
Fowler Geoffrey and Fowler Deborah
Bought by
Jestomi Inc

Purchase Details

Closed on
Aug 11, 2006
Sold by
Mathis Jeffrey G and Roberta G Dyson Revocable Trus
Bought by
Fowler Geoffrey and Fowler Deborah

Purchase Details

Closed on
Oct 17, 2003
Sold by
Campbell Joan E
Bought by
Mathis Jeffrey G and Roberta G Dyson Revocable Trus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,000
Interest Rate
6.45%

Purchase Details

Closed on
Jan 30, 2002
Sold by
Parkinson Neville and Parkinson Sybil
Bought by
Campbell Joan E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
7.16%
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Griffiths Stephen $400,000 Prestige Title Of Brevard Ll
1789 Canova St Inc $230,000 Peninsula Title Services Llc
Fowler Geoff -- Attorney
Jestomi Inc -- None Available
Fowler Geoffrey $350,000 State Title Partners Llp
Mathis Jeffrey G $220,000 Peninsula Title Services Llc
Campbell Joan E $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Griffiths Stephen $250,000
Closed Griffiths Stephen $156,500
Previous Owner Mathis Jeffrey G $154,000
Previous Owner Campbell Joan E $105,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2018 09/07/18 Sold $400,000 -1.2% $109 / Sq Ft
08/07/2018 08/07/18 Pending -- -- --
07/30/2018 07/30/18 Price Changed $404,900 +8.0% $111 / Sq Ft
06/18/2018 06/18/18 For Sale $375,000 +63.0% $102 / Sq Ft
12/22/2017 12/22/17 Sold $230,000 -14.5% $63 / Sq Ft
10/09/2017 10/09/17 Pending -- -- --
08/02/2017 08/02/17 For Sale $269,000 -- $73 / Sq Ft
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
2024 $5,754 $374,400 -- --
2023 $5,754 $297,600 $60,000 $237,600
2022 $8,270 $488,430 $0 $0
2021 $7,569 $369,260 $26,400 $342,860
2020 $7,195 $351,670 $26,400 $325,270
2019 $7,288 $325,620 $24,000 $301,620
2018 $4,482 $190,000 $0 $190,000
2017 $5,711 $154,000 $0 $154,000
2016 $5,286 $150,000 $0 $0
2015 $5,223 $143,000 $12,000 $131,000
2014 $4,987 $131,000 $12,000 $119,000
Source: Public Records

Agents Affiliated with this Home

  • Anthony Granato

    Seller's Agent in 2018

    Anthony Granato

    Blue Marlin Real Estate

    (321) 501-1480

    11 in this area

    275 Total Sales

    Anthony Granato
    Section Image
  • Nicholas Lamonica

    Seller Co-Listing Agent in 2018

    Nicholas Lamonica

    RE/MAX

    21 in this area

    294 Total Sales

    Nicholas Lamonica
    Section Image

  • A

    Buyer's Agent in 2018

    Aida Teague

    Keller Williams Realty Brevard

  • Jay Ashta

    Seller's Agent in 2017

    Jay Ashta

    Harbor City Business Brokers

    (321) 251-5300

    2 in this area

    8 Total Sales

    Jay Ashta
    Section Image
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Map

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

MLS Number: 816781

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 29-37-03-26-01985.0-0007.00

Florida Brevard County Palm Bay 32909 Port Malabar

1831 Convair St SE, Palm Bay, FL

This home is located at 1831 Convair St SE, Palm Bay, FL 32909 since 18 June 2018 and is currently estimated at $680,019, approximately $185 per square foot. This property was built in 1986. 1831 Convair St SE is a home located in Brevard County with nearby schools including Port Malabar Elementary School, Stone Magnet Middle School, and Palm Bay Magnet Senior High School.

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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