NOT LISTED FOR SALE

2107 Foxwood Dr Melbourne, FL 32935

Estimated Value: $524,547 - $815,000

8 Beds
4 Baths
4,542 Sq Ft
$155/Sq Ft Est. Value

Last Sold October 31, 2019

Last sale price $340,000 $75 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $4,277/month

Highlights

  • 0.83 Acre Lot
  • No HOA
  • Tile Flooring
  • Corner Lot
  • Cul-De-Sac
  • 1-Story Property

About This Home

As of October 2019

Great investment opportunity, this four-unit property is centrally located in Melbourne, close to schools, shopping, and within a few miles of Eastern Florida State University. All units are occupied providing instant income to the new owner. Each unit has two-bedrooms and two-bathrooms.

Last Agent to Sell the Property

DeWayne Carpenter

Dale Sorensen Real Estate Inc. Listed on: 09/20/2019

Co-Listed By

Kirk Kessel

Dale Sorensen Real Estate Inc.

Last Buyer's Agent

Kirk Kessel

Dale Sorensen Real Estate Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,765

Year Built

  • Built in 1988

Lot Details

  • 0.83 Acre Lot
  • Cul-De-Sac
  • Corner Lot

Home Design

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

Interior Spaces

  • 4,542 Sq Ft Home
  • 1-Story Property

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Utilities

  • Central Air

Listing and Financial Details

  • The owner pays for grounds care, insurance, repairs, taxes
  • Assessor Parcel Number 27-37-08-00-00508.0-0000.00

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Operating Expense $11,374
  • Gross Income $41,880
  • Net Operating Income $30,507

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,765

Year Built

Built in 1988

Lot Details

0.83 Acres

Listing Details

  • Property Type: Residential Income
  • Year Built: 1988
  • Reso Property Sub Type: Quadruplex
  • ResoLotFeatures: Corner Lot, Cul-De-Sac
  • Co List Office Mls Id: DSRE0
  • Co List Office Phone: 321-723-9990
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: None
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Location Tax and Legal Parcel Number2: 27-37-08-00-00508.0-0000.00
  • Location Tax and Legal Tax Annual Amount: 4765.24
  • Location Tax and Legal Tax Year2: 2018
  • General Property Information Living Area2: 4542.0
  • General Property Information Building Area Total3: 4766.0
  • General Property Information Lot Size Acres: 0.83
  • General Property Information Lot Size Square Feet2: 36155.0
  • General Property Information Waterfront YN: No
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Levels One: Yes
  • Roof:Shingle: Yes
  • Flooring Carpet: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • Utilities Sewer Available: Yes
  • General Property Information Number Of Units Total2: 4.0
  • Gross Scheduled Income: 41880.0
  • Income And Expenses Operating Expense: 11374.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Tile
  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Acres: 0.83
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Lot Features:Cul-De-Sac: Yes
  • Lot Features:Corner Lot: Yes

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

  • Cooling: Central Air
  • Utilities: Sewer Available, Water Available
  • Cooling Y N: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Lot Size Sq Ft: 36155.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 27-37-08-00-00508.0-0000.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Grounds Care, Insurance, Repairs, Taxes

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 4765.24

Multi Family

  • Number Of Units Total: 4
  • Annual Operating Expense: 11374.0
  • Income And Expenses Net Operating Income: 30507.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 19, 2018
Sold by
Hurley Steve and Hurley Stephen B
Bought by
Reilly Joseph F
Current Estimated Value
$704,887

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,600
Outstanding Balance
$191,254
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$513,633

Purchase Details

Closed on
May 14, 2013
Sold by
Steve Hurley & Associates Inc
Bought by
Reilly Joseph and Hurley Steve

Purchase Details

Closed on
Jan 28, 2008
Sold by
Reilly Joseph F and Hurley Stephen B
Bought by
Steve Hurley & Associates Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,250
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 30, 2007
Sold by
Lewis Hauling & Excavating Inc
Bought by
Reilly Joseph F and Hurley Stephen B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,250
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 27, 2007
Sold by
Lewis Roger V and Lewis Michele E
Bought by
Lewis Hauling & Excavating Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,250
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage
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

Date Buyer Sale Price Title Company
Reilly Joseph F -- Attorney
Reilly Joseph -- Attorney
Steve Hurley & Associates Inc -- None Available
Reilly Joseph F $379,000 Town & Country Title Inc
Lewis Hauling & Excavating Inc -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reilly Joseph F $222,600
Previous Owner Reilly Joseph F $284,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2019 10/31/19 Sold $340,000 -10.5% $75 / Sq Ft
09/20/2019 09/20/19 Pending -- -- --
09/20/2019 09/20/19 For Sale $379,900 -- $84 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

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
2025 $7,789 $528,000 -- --
2024 $7,490 $528,000 -- --
2023 $7,490 $528,000 $0 $0
2022 $6,005 $378,000 $0 $0
2021 $5,412 $286,060 $30,000 $256,060
2020 $4,971 $260,050 $30,000 $230,050
2019 $4,791 $240,790 $30,000 $210,790
2018 $4,765 $235,000 $0 $235,000
2015 $4,060 $176,000 $28,800 $147,200
2014 $3,674 $160,000 $28,800 $131,200
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 856028

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-37-08-00-00508.0-0000.00

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