NOT LISTED FOR SALE

Estimated Value: $841,000 - $2,033,197

3 Beds
4 Baths
2,184 Sq Ft
$728/Sq Ft Est. Value

Last Sold February 23, 2015

Last sale price $416,000 $190 Per Sq Ft

Est. 282% increase in value since last sale

Current estimated payment $9,991/month

6 Days on Market

Highlights

  • Ocean Front
  • RV Access or Parking
  • Deck
  • Indialantic Elementary School Rated A-
  • Open Floorplan
  • 2-minute walk to Howard E. Futch Memorial Park

About This Home

As of February 2015

Highest & Best period has ended. Offers had to be complete to be considered. 3 Bed, 4 Bath Oceanfront Home on .34 Acre Lot. 2184 Sq. Ft. Under Air. Built in 1988. 1 Car Garage. Home could have 2 in-law suites. One has entrance off the North Side and one has Entrance from Sliding Glass doors on the South side Main 2 Bedroom, 2 Bath home is upstairs. Cash only property. Value is in the land.

Last Agent to Sell the Property

Lynn Burley

Burley Properties License #3105875 Listed on: 02/05/2015

Last Buyer's Agent

Diane Teran

LPT Realty, LLC License #3093602

LPT Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,924

Year Built

  • Built in 1988

Lot Details

  • 0.34 Acre Lot
  • Ocean Front
  • South Facing Home

Parking

  • 1 Car Attached Garage
  • RV Access or Parking

Home Design

  • Fixer Upper
  • Frame Construction
  • Tile Roof
  • Wood Siding
  • Asphalt
  • Stucco

Interior Spaces

  • 2,184 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wood Burning Fireplace
  • Screened Porch
  • Ocean Views
  • Washer and Gas Dryer Hookup

Kitchen

  • Breakfast Bar
  • <<convectionOvenToken>>
  • Electric Range
  • <<microwave>>
  • Kitchen Island

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Balcony
  • Deck
  • Patio

Schools

  • Indialantic Elementary School
  • Hoover Middle School
  • Melbourne High School

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Ocean Shores Subd Of Govt Lot 7 Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 27-37-24-75-00001.0-0001.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,924

Year Built

Built in 1988

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1988
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Road Surface Type: Asphalt
  • Reso View: Ocean
  • ResoSpecialListingConditions: Real Estate Owned
  • Subdivision Name: Ocean Shores Subd of Govt Lot 7
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Property Condition: Fixer
  • Location Tax and Legal Parcel Number2: 27-37-24-75-00001.0-0001.00
  • Location Tax and Legal Elementary School: Indialantic
  • Location Tax and Legal Middle School2: Hoover
  • Location Tax and Legal High School: Melbourne
  • Location Tax and Legal Tax Annual Amount: 6923.91
  • Location Tax and Legal Tax Year2: 2013
  • General Property Information Living Area2: 2184.0
  • General Property Information Building Area Total3: 2940.0
  • General Property Information Lot Size Acres: 0.34
  • General Property Information Lot Size Square Feet2: 14820.0
  • General Property Information New Construction YN: No
  • General Property Information Waterfront YN: Yes
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: South
  • Appliances Microwave: Yes
  • Cooling Central Air: Yes
  • Flooring Laminate: Yes
  • Flooring Tile: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Pets Allowed Yes: Yes
  • Road Surface Type Asphalt: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Levels Two: Yes
  • Roof:Tile2: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • ViewOcean: Yes
  • General Property Information Lot Size Dimensions: 38.0 ft x 390.0 ft
  • Property Condition Fixer: Yes
  • Special Listing Conditions Real Estate Owned: Yes
  • Special Features: 5120
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Bar, Kitchen Island, Open Floorplan
  • Flooring: Laminate, Tile
  • Appliances: Convection Oven, Electric Range, Gas Water Heater, Microwave
  • Full Bathrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning, Other
  • Total Bedrooms: 7
  • ResoLivingAreaSource: Other
  • Appliances:Convection Oven: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Kitchen Island: Yes
  • Fireplace Features:Wood Burning: Yes
  • Appliances:Gas Water Heater: Yes

Exterior Features

  • Exterior Features: Balcony
  • Pool Features: None
  • Roof: Tile
  • Acres: 0.34
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Construction Type: Frame, Stucco, Wood Siding
  • Direction Faces: South
  • Patio And Porch Features: Deck, Patio, Porch, Screened, Wrap Around
  • Construction Materials:Stucco: Yes
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Construction Materials:Frame: Yes
  • Construction Materials:Wood Siding: Yes
  • Exterior Features:Balcony: Yes
  • Waterfront Features:Ocean Front: Yes
  • Patio And Porch Features:Wrap Around: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage, RV Access/Parking
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:RV AccessParking: Yes

Utilities

  • Cooling: Central Air
  • Utilities: Cable Available, Electricity Connected, Water Available
  • Heating: Central
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: One Time
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No
  • General Property Information:Association Fee Frequency: One Time

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Lot Dimensions: 38.0 ft x 390.0 ft
  • Lot Size Sq Ft: 14820.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2726521
  • Parcel #: 27-37-24-75-00001.0-0001.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 6923.91

MLS Schools

  • Elementary School: Indialantic
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 8, 2018
Sold by
Mamiga Llc
Bought by
Aguirre Ibanez Maniel Alfredo and Accolti Gil Morey Michelle Violett
Current Estimated Value
$1,589,066

Purchase Details

Closed on
Feb 3, 2017
Sold by
Ibanez Manuel Alfredo Aguirre and Accolti Gil Morey Michelle Violett
Bought by
Mamiga Llc

Purchase Details

Listed on
Feb 5, 2015
Closed on
Feb 19, 2015
Sold by
Compass Bank
Bought by
Ibanez Manuel Alfredo Aguirre and Morey Michelle Violett Accolti Gil
Seller's Agent
Lynn Burley
Burley Properties
Buyer's Agent
Diane Teran
LPT Realty, LLC
List Price
$350,000
Sold Price
$416,000
Premium/Discount to List
$66,000
18.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.27%

Purchase Details

Closed on
Oct 31, 2014
Sold by
Reid Frederick and Reid Fred J
Bought by
Compass Bank

Purchase Details

Closed on
May 2, 2014
Sold by
Reid Frederick
Bought by
Reid Kathryn

Purchase Details

Closed on
May 27, 2005
Sold by
Peters Beverly A
Bought by
Reid Frederick and Reid Kathryn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
1.1%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 30, 2001
Sold by
Waters Carol W
Bought by
Peters Beverly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
6.98%
Source: Public Records

Range of Values:

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Average Value
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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
Aguirre Ibanez Maniel Alfredo -- Attorney
Mamiga Llc -- Attorney
Ibanez Manuel Alfredo Aguirre $416,000 First American Title Company
Compass Bank -- None Available
Reid Kathryn -- Attorney
Reid Frederick $850,000 Town & Country Title Inc
Peters Beverly A $295,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reid Frederick $300,000
Previous Owner Reid Frederick $150,000
Previous Owner Reid Frederick $650,000
Previous Owner Peters Beverly A $435,000
Previous Owner Peters Beverly A $330,000
Previous Owner Peters Beverly A $236,000
Closed Reid Frederick $100,000
Closed Mamiga Llc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2015 02/23/15 Sold $416,000 +18.9% $190 / Sq Ft
02/11/2015 02/11/15 Pending -- -- --
02/05/2015 02/05/15 For Sale $350,000 -- $160 / 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
2023 $14,575 $1,157,290 $0 $0
2022 $13,602 $1,123,590 $0 $0
2021 $14,395 $1,090,870 $450,000 $640,870
2020 $14,518 $1,080,070 $375,000 $705,070
2019 $13,986 $973,700 $375,000 $598,700
2018 $5,312 $375,000 $375,000 $0
2017 $7,974 $506,780 $300,000 $206,780
2016 $8,122 $492,780 $300,000 $192,780
2015 $8,350 $485,790 $300,000 $185,790
2014 $6,849 $424,900 $300,000 $124,900
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 717141

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-37-24-75-00001.0-0001.00