NOT LISTED FOR SALE

2063 Stewart Rd Melbourne, FL 32935

Estimated Value: $283,090 - $336,000

3 Beds
2 Baths
2,040 Sq Ft
$151/Sq Ft Est. Value

Last Sold January 31, 2019

Last sale price $172,000 $84 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $1,955/month

21 Days on Market

Highlights

  • Waterfront
  • 2 Car Attached Garage
  • 1-Story Property
  • No HOA
  • Terrazzo Flooring
  • 4-minute walk to McGrath Field

About This Home

As of January 2019

Located in a central location. Duplex is near beach, schools and shopping. Great income potential. Start earning income immediately as both units have great tenants in place. Both Havac systems are less then 2 yrs. With few updates needed. This is a great investment opportunity!

Last Agent to Sell the Property

Rebecka Massanova

EXP Realty LLC Listed on: 01/02/2019

Last Buyer's Agent

Andrea Hansen

EXP Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,516

Year Built

  • Built in 1977

Lot Details

  • 0.3 Acre Lot
  • Waterfront

Parking

  • 2 Car Attached Garage

Home Design

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

Interior Spaces

  • 2,040 Sq Ft Home
  • 1-Story Property
  • Electric Dryer Hookup

Flooring

  • Carpet
  • Laminate
  • Terrazzo
  • Vinyl

Schools

  • Creel Elementary School
  • Johnson Middle School
  • Eau Gallie High School

Utilities

  • Central Air
  • Cable TV Available

Listing and Financial Details

  • The owner pays for grounds care, insurance, tax, repairs
  • Assessor Parcel Number 27-37-17-07-0000z.0-0002.01

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $5,500
  • Gross Income $22,800
  • Net Operating Income $17,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,516

Year Built

Built in 1977

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Year Built: 1977
  • Reso Property Sub Type: Duplex
  • ResoLaundryFeatures: Electric Dryer Hookup
  • Road Surface Type: Paved
  • ResoSpecialListingConditions: Standard
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Location Tax and Legal Parcel Number2: 27-37-17-07-0000z.0-0002.01
  • Location Tax and Legal Elementary School: Creel
  • Location Tax and Legal Middle School2: Johnson
  • Location Tax and Legal High School: Eau Gallie
  • Location Tax and Legal Tax Annual Amount: 2515.78
  • Location Tax and Legal Tax Year2: 2018
  • General Property Information Living Area2: 2040.0
  • General Property Information Building Area Total3: 2380.0
  • General Property Information Lot Size Acres: 0.3
  • General Property Information Lot Size Square Feet2: 13068.0
  • General Property Information Waterfront YN: No
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Flooring Laminate: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Levels One: Yes
  • Roof:Shingle: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Flooring Carpet: Yes
  • Flooring Terrazzo: 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: 2.0
  • General Property Information Water Frontage Feet: 2
  • Gross Scheduled Income: 22800.0
  • Income And Expenses Operating Expense: 5500.0
  • Utilities Sewer Connected: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Laminate, Terrazzo, Vinyl
  • Appliances: Refrigerator
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Acres: 0.3
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached
  • Total Parking Spaces: 2.0
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Attached: Yes
  • General Property Information:Parking Total: 2.0

Utilities

  • Cooling: Central Air
  • Utilities: Cable Available, Electricity Connected, 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: Johnson

Lot Info

  • Lot Size Sq Ft: 13068.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2718542
  • Parcel #: 27-37-17-07-0000z.0-0002.01
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Grounds Care, Insurance, Other Tax, Repairs

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 2515.78

Multi Family

  • Number Of Units Total: 2
  • Annual Operating Expense: 5500.0
  • Income And Expenses Net Operating Income: 17300.0

MLS Schools

  • Elementary School: Creel
  • High School: Eau Gallie

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 22, 2023
Sold by
Peters Diane Lyn
Bought by
Peters Family Trust and Peters
Current Estimated Value
$309,023

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Outstanding Balance
$156,510
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$152,513

Purchase Details

Closed on
Aug 17, 2023
Sold by
Peters Family Trust
Bought by
Peters Diane Lyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Outstanding Balance
$156,510
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$152,513

Purchase Details

Closed on
Jul 28, 2021
Sold by
Peters Diane
Bought by
Peters Diane Lyn and Peters Family Trust

Purchase Details

Listed on
Jan 2, 2019
Closed on
Jan 31, 2019
Sold by
Pockett Robert E and Pockett Lillian
Bought by
Peters Robert and Peters Diane
Seller's Agent
Rebecka Massanova
EXP Realty LLC
Buyer's Agent
Andrea Hansen
EXP Realty LLC
List Price
$185,000
Sold Price
$172,000
Premium/Discount to List
-$13,000
-7.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.24%
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
Peters Family Trust $100 Sullivan Title Services
Peters Family Trust $100 Sullivan Title Services
Peters Diane Lyn $100 Sullivan Title Services
Peters Diane Lyn -- Accommodation
Peters Robert $172,000 Supreme Title Closing Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peters Diane Lyn $160,000
Previous Owner Pockett Robert $170,400
Previous Owner Pockett Robert E $69,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2019 01/31/19 Sold $172,000 -7.0% $84 / Sq Ft
01/14/2019 01/14/19 Pending -- -- --
12/23/2018 12/23/18 For Sale $185,000 -- $91 / 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 $3,711 $240,000 -- --
2023 $3,711 $240,000 $0 $0
2022 $3,168 $198,450 $0 $0
2021 $2,850 $149,440 $26,000 $123,440
2020 $2,813 $146,510 $26,000 $120,510
2019 $2,665 $133,190 $26,000 $107,190
2018 $2,516 $125,000 $0 $125,000
2015 $2,146 $91,350 $23,000 $68,350
2014 $1,945 $83,050 $23,000 $60,050
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2019

    Rebecka Massanova

    EXP Realty LLC

  • A

    Buyer's Agent in 2019

    Andrea Hansen

    EXP Realty LLC

See All Agents

Map

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

MLS Number: 832593

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-37-17-07-0000Z.0-0002.01

Florida Brevard County Melbourne 32935

2063 Stewart Rd, Melbourne, FL

This home is located at 2063 Stewart Rd, Melbourne, FL 32935 since 02 January 2019 and is currently estimated at $309,023, approximately $151 per square foot. This property was built in 1977. 2063 Stewart Rd is a home located in Brevard County with nearby schools including Dr. W.J. Creel Elementary School, Lyndon B. Johnson Middle School, and Eau Gallie 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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