NOT LISTED FOR SALE
-- Bed
1 Bath
2,938 Sq Ft
0.29 Acre Lot

Sale Details

Date Sold: November 22, 2023

Last sale price $600,200 $204 Per Sq Ft

46 Days on Market

Highlights

  • Covered Patio or Porch
  • Central Heating
  • 1-Story Property
  • Tile Flooring

About This Home

As of November 2023

Five-Unit Efficiency+ Rental! All Units Equipped with Central Air, Full Kitchen, Hot Water Heater’s, and Full Bathroom. All Kitchens have been Recently Renovated. Concrete Block with New Metal Roof from 2022! Upgraded Thermo-Pane Windows. AC’s and Water Heater’s all Replaced in Past Five Years. Property to the Adjacent North also Available!

Last Agent to Sell the Property

Kevin Lambert

Lambert Commercial Real Estate Brokerage Phone: 772-778-2334 License #3327845 Listed on: 10/06/2023

Last Buyer's Agent

NON-MLS AGENT

NON MLS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,161

Year Built

  • Built in 1961

Lot Details

  • 0.29

Home Design

  • Metal Roof

Interior Spaces

  • 1-Story Property
  • Insulated Windows
  • Tile Flooring

Parking

  • 5 Parking Spaces
  • Off-Street Parking

Additional Features

  • Covered Patio or Porch
  • Central Heating

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 33390200001040000006.0

Community Details

Overview

  • Original Town Subdivision

Building Details

  • 5 Separate Electric Meters
  • Insurance Expense $3,600
  • Maintenance Expense $4,000
  • Operating Expense $18,759
  • Gross Income $49,500
  • Net Operating Income $30,740

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,161

Year Built

Built in 1961

Lot Details

0.29 Acres

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size: 12632
  • Road Surface Type: Paved
  • Subdivision Name: Original Town
  • Directions: Directly on the corner of 19th Ave. and 21st Street
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1961
  • Attribution Contact: 772-778-2334
  • Special Features: None
  • Stories: 1

Interior Features

  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Tile
  • Stories: 1
  • Window Features: Insulated Windows

Exterior Features

  • Lot Features: 1/4 to 1/2 Acre Lot
  • Pool Features: None
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Lead Based Paint Disclosure
  • Construction Type: Block, Concrete
  • Exterior Features: Porch
  • Patio And Porch Features: Covered, Porch
  • Roof: Metal

Garage/Parking

  • Parking Features: Off Street
  • Total Parking Spaces: 5.0

Utilities

  • Laundry Features: None
  • Heating: Central, Individual
  • Sewer: Public Sewer
  • Water Source: Public
  • Annual Utilities Expense: 2800.0

Condo/Co-op/Association

  • Community Features: None, Sidewalks
  • Association Name: N/A

Lot Info

  • Parcel #: 33390200001040000006.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Multi Family

  • Annual Gross Income: 49500.0
  • Insurance Expense: 3600.0
  • Maintenance Expense: 4000.0
  • Property Net Operating Income: 30740.0
  • Annual Operating Expense: 18759.0
  • Number Of Separate Electric Meters: 5

Tax Info

  • Tax Annual Amount: 4161.0
  • Tax Lot: 6
  • Tax Year: 2022

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 6, 2023
Closed on
Nov 22, 2023
Sold by
Bought by
Seller's Agent
Kevin Lambert
Lambert Commercial Real Estate
Buyer's Agent
NON-MLS AGENT
NON MLS
List Price
$599,000
Sold Price
$600,200
Premium/Discount to List
$1,200
0.2%
Views
17

Purchase Details

Listed on
Jan 5, 2012
Closed on
Jan 10, 2013
Sold by
Bought by
Seller's Agent
Ron Lambert
Lambert Commercial Real Estate
Buyer's Agent
Tripp Hernandez
Dale Sorensen Real Estate Inc.
List Price
$199,000
Sold Price
$140,000
Premium/Discount to List
-$59,000
-29.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.33%
Original Mortgage
$100,000
Interest Rate
0.0335%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 21, 2000
Sold by
Bought by

Purchase Details

Closed on
Mar 18, 1999
Sold by
Bought by
Source: Public Records
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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
$600,200 First American Title Insurance
$140,000 Elite Title Of The Treasure
-- --
$170,000 --
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 $100,000
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 Prior Sale
11/22/2023 11/22/23 Sold $600,200 +0.2% $204 / Sq Ft
10/06/2023 10/06/23 For Sale $599,000 +327.9% $204 / Sq Ft
01/10/2013 01/10/13 Sold $140,000 -29.6% $48 / Sq Ft View Prior Sale
12/11/2012 12/11/12 Pending -- -- --
01/05/2012 01/05/12 For Sale $199,000 -- $68 / Sq Ft
Source: REALTORS® Association of Indian River County

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 $9,178 $524,734 $69,063 $455,671
2024 $5,075 $516,496 $69,063 $447,433
2023 $5,075 $240,744 $0 $0
2022 $4,334 $275,980 $53,125 $222,855
2021 $3,798 $216,331 $53,125 $163,206
2020 $3,423 $183,878 $53,125 $130,753
2019 $3,243 $171,526 $53,125 $118,401
2018 $3,070 $162,881 $53,125 $109,756
2017 $2,757 $135,893 $0 $0
2016 $2,831 $140,200 $0 $0
2015 $2,691 $127,990 $0 $0
2014 $2,357 $117,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Indian River County

MLS Number: 272036

APN: 33-39-02-00001-0400-00006.0

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