NOT LISTED FOR SALE

Estimated Value: $363,000 - $596,000

-- Bed
2 Baths
3,572 Sq Ft
$127/Sq Ft Est. Value

Last Sold January 06, 2012

Last sale price $52,900 $15 Per Sq Ft

Est. 759% increase in value since last sale

Current estimated payment $2,846/month

512 Days on Market

Highlights

  • No HOA
  • Central Air
  • Concrete Flooring

About This Home

As of January 2012

Reduced .. Can you say cash cow ? Rare Quadplex in North Titusville . Loads of potential as a nice rental with separate utilities and plenty of parking and storage . Property features large 2 bdrms and 1 ba. at almost 900 sf each with laundry area and private screened porches . Corporate owned as is however inspections welcome . This is your retirement or money maker waiting for you..This one won''t last long . '||chr(10)||'Addendum - Buyers are encouraged to check with the city of Titusville for any outstanding code violations or pending assesments . Property condition may prevent financing .

Last Agent to Sell the Property

Heith Mohler

Property Marketers LLC License #3204597 Listed on: 07/26/2010

Last Buyer's Agent

Heith Mohler

Property Marketers LLC License #3204597 Listed on: 07/26/2010

Property Details

Home Type

  • Multi-Family

Lot Details

  • 7,841 Sq Ft Lot
  • Irregular Lot

Parking

  • Assigned Parking

Home Design

  • Quadruplex
  • Shingle Roof

Interior Spaces

  • 3,572 Sq Ft Home
  • 2-Story Property
  • Concrete Flooring

Utilities

  • Central Air

Listing and Financial Details

  • The owner pays for taxes
  • Assessor Parcel Number 22350500002690000000

Community Details

Overview

  • No Home Owners Association
  • N 1/2 Of Nw 1/4 Of Nw 1/4 Of Subdivision
  • The community has rules related to allowing corporate owners

Building Details

  • Operating Expense $12,000
  • Gross Income $28,800
  • Net Operating Income $15,800

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Reso Property Sub Type: Quadruplex
  • ResoLotFeatures: Irregular Lot
  • ResoSpecialListingConditions: Corporate Owned
  • Subdivision Name: N 1/2 of NW 1/4 of NW 1/4 of
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Location Tax and Legal Parcel Number2: 22350500002690000000
  • Location Tax and Legal Tax Annual Amount: 2687.26
  • Location Tax and Legal Tax Year2: 2010
  • General Property Information Building Area Total3: 3572.0
  • General Property Information Lot Size Acres: 0.18
  • General Property Information Lot Size Square Feet2: 7840.8
  • General Property Information Waterfront YN: No
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Roof:Shingle: Yes
  • Levels Two: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • Flooring Concrete: Yes
  • Gross Scheduled Income: 28800.0
  • Income And Expenses Operating Expense: 12000.0
  • Utilities Sewer Connected: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Concrete
  • Appliances: Refrigerator
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Acres: 0.18
  • Waterfront: No
  • Lot Features:Irregular Lot: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Assigned
  • General Property Information:Garage YN: No
  • Parking Features:Assigned: Yes

Utilities

  • Cooling: Central Air
  • Utilities: 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

Lot Info

  • Lot Size Sq Ft: 7840.8
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2223715
  • Parcel #: 22350500002690000000
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Taxes, Other

Tax Info

  • Tax Year: 2010
  • Tax Annual Amount: 2687.26

Multi Family

  • Annual Operating Expense: 12000.0
  • Income And Expenses Net Operating Income: 15800.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 10, 2017
Sold by
Mahase Neil and Mahase Nardeo
Bought by
Mahase Entersprises Inc
Current Estimated Value
$454,667

Purchase Details

Listed on
Jul 26, 2010
Closed on
Jan 6, 2012
Sold by
Federal National Mortgage Association
Bought by
Mahase Neil
Seller's Agent
Heith Mohler
Property Marketers LLC
Buyer's Agent
Heith Mohler
Property Marketers LLC
List Price
$79,900
Sold Price
$52,900
Premium/Discount to List
-$27,000
-33.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.60%

Purchase Details

Listed on
Jul 26, 2010
Closed on
Nov 15, 2011
Sold by
Robinson Wayne F
Bought by
Federal National Mortgage Association
Seller's Agent
Heith Mohler
Property Marketers LLC
Buyer's Agent
Heith Mohler
Property Marketers LLC
List Price
$79,900
Sold Price
$52,900
Premium/Discount to List
-$27,000
-33.79%

Purchase Details

Closed on
May 19, 2010
Sold by
Robinson Wayne F
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 22, 2006
Sold by
Virani Shyam and Virani Shyam B
Bought by
Robinson Wayne F and Robinson Judith A

Purchase Details

Closed on
Aug 31, 2004
Sold by
Virani Shyam and Virani Shyam B
Bought by
Robinson Wayne F and Robinson Judith A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
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
Mahase Entersprises Inc -- Attorney
Mahase Neil $52,900 Attorney
Federal National Mortgage Association -- None Available
Federal National Mortgage Association -- None Available
Robinson Wayne F -- None Available
Robinson Wayne F $240,000 Gulfatlantic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Robinson Wayne F $192,000
Closed Robinson Wayne F $24,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2012 01/06/12 Sold $52,900 -33.8% $15 / Sq Ft
12/18/2011 12/18/11 Pending -- -- --
07/24/2010 07/24/10 For Sale $79,900 -- $22 / 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 $4,426 $369,600 -- --
2023 $4,426 $268,800 $14,300 $254,500
2022 $3,696 $205,800 $0 $0
2021 $3,438 $161,660 $14,300 $147,360
2020 $3,207 $146,970 $14,300 $132,670
2019 $3,243 $141,720 $14,300 $127,420
2018 $3,193 $135,000 $0 $135,000
2017 $3,034 $125,000 $0 $125,000
2016 $2,708 $115,000 $0 $0
2015 $2,697 $110,000 $13,000 $97,000
2014 $2,595 $105,000 $13,000 $92,000
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 575188

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 22-35-05-00-00269.0-0000.00