NOT LISTED FOR SALE

220 Atlas Ln Unit 220,222,224 Satellite Beach, FL 32937

Estimated Value: $308,000 - $783,000

-- Bed
3 Baths
3,307 Sq Ft
$197/Sq Ft Est. Value

Last Sold December 30, 2021

Last sale price $690,000 $209 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $4,221/month

6 Days on Market

Highlights

  • Waterfront
  • In Ground Pool
  • 1 Car Attached Garage
  • Spessard L. Holland Elementary School Rated A-
  • No HOA
  • Tile Flooring

About This Home

As of December 2021

GREAT INVESTMENT OPPORTUNITY with this BEACHSIDE TRIPLEX. Live in one unit and rent out the others. Two units with 2 bedrooms & 2 baths and the third unit has 3 bedrooms & 2 baths. Each has their own private garage, roll down hurricane shutters and have separate utilities. Property has a big fenced in yard and HUGE screened-in pool. Roof replaced in 2018. Close to the beach, schools and restaurants. Units are easy to rent and have great rental growth potential. PLEASE DO NOT DISTURB TENANTS.

Last Agent to Sell the Property

Shari Abbott

BHHS Florida Realty License #3098666 Listed on: 11/23/2021

BHHS Florida Realty

Last Buyer's Agent

Karen D'Alberto

Realty World Curri Properties License #3262751

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,826

Year Built

  • Built in 1982

Lot Details

  • 0.38 Acre Lot
  • Waterfront

Parking

  • 1 Car Attached Garage
  • 6 Open Parking Spaces

Home Design

  • Triplex
  • Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 3,307 Sq Ft Home
  • 1-Story Property

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Screen Enclosure

Schools

  • Holland Elementary School
  • Delaura Middle School
  • Satellite High School

Utilities

  • Central Air
  • Separate Meters
  • Separate Water Meter
  • Cable TV Available

Listing and Financial Details

  • The owner pays for exterior maintenance, grounds care, insurance, pool maintenance, taxes
  • Assessor Parcel Number 26-37-26-00-00502.0-0000.00

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $9,960
  • Gross Income $54,000
  • Net Operating Income $44,040

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,826

Year Built

Built in 1982

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Year Built: 1982
  • Reso Property Sub Type: Triplex
  • ResoSpecialListingConditions: Standard
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Location Tax and Legal Parcel Number2: 26-37-26-00-00502.0-0000.00
  • Location Tax and Legal Elementary School: Holland
  • Location Tax and Legal Middle School2: DeLaura
  • Location Tax and Legal High School: Satellite
  • Location Tax and Legal Tax Annual Amount: 4825.73
  • Location Tax and Legal Tax Year2: 2021
  • General Property Information Living Area2: 3307.0
  • General Property Information Building Area Total3: 4643.0
  • General Property Information Lot Size Acres: 0.38
  • General Property Information Lot Size Square Feet2: 16553.0
  • General Property Information Waterfront YN: No
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Flooring Laminate: Yes
  • Flooring Tile: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Levels One: Yes
  • Pool Features In Ground: Yes
  • Pool Features Private: Yes
  • Roof:Shingle: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Flooring Carpet: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • Pool Features Screen Enclosure: Yes
  • Utilities Natural Gas Connected: Yes
  • General Property Information Number Of Units Total2: 3.0
  • General Property Information Water Frontage Feet: 3
  • Gross Scheduled Income: 54000.0
  • Income And Expenses Operating Expense: 9960.0
  • Utilities Sewer Connected: Yes
  • Utilities Separate Electric Meters: Yes
  • Utilities Separate Water Meters: Yes
  • Utilities Separate Gas Meters: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Pool Features: In Ground, Private, Screen Enclosure, Other
  • Roof: Shingle
  • Acres: 0.38
  • Waterfront: No
  • Construction Type: Frame, Wood Siding
  • Construction Materials:Frame: Yes
  • Construction Materials:Wood Siding: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Attached: Yes
  • General Property Information:Open Parking Spaces2: 6.0

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Available, Separate Electric Meters, Separate Gas Meters, Separate Water Meters
  • 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: DeLaura

Lot Info

  • Lot Size Sq Ft: 16553.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2608359
  • Parcel #: 26-37-26-00-00502.0-0000.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Exterior Maintenance, Grounds Care, Insurance, Pool Maintenance, Taxes

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 4825.73

Multi Family

  • Number Of Units Total: 3
  • Annual Operating Expense: 9960.0
  • Income And Expenses Net Operating Income: 44040.0

MLS Schools

  • Elementary School: Holland
  • High School: Satellite

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2021
Closed on
Dec 30, 2021
Sold by
Aneena B King Revocable Trust
Bought by
Atlas Lane Llc
Seller's Agent
Shari Abbott
BHHS Florida Realty
Buyer's Agent
Karen D'Alberto
Realty World Curri Properties
List Price
$724,000
Sold Price
$690,000
Premium/Discount to List
-$34,000
-4.7%
Current Estimated Value
$652,323

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$37,677
Avg. Annual Appreciation
-1.46%

Purchase Details

Closed on
Mar 9, 2015
Sold by
King Aneena R
Bought by
King Aneena B and The Aneena B King Revocable Living Trust

Purchase Details

Closed on
Aug 31, 2004
Sold by
King Gerald D and King Aneena R
Bought by
King Gerald Dennis and King Aneena Rae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 18, 2004
Sold by
King Gerald Dennis and King Anenna Rae
Bought by
King Gerald D and King Aneena R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 24, 1998
Sold by
Saporito David and Saporit Sonya D
Bought by
King Gerald D and King Aneena R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
7.06%
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
Atlas Lane Llc $690,000 Prestige Title
King Aneena B -- None Available
King Gerald Dennis -- Republic Title Company
King Gerald D -- Republic Title Company
King Gerald D $210,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner King Gerald D $200,000
Previous Owner King Gerald D $168,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/30/2021 12/30/21 Sold $690,000 -4.7% $209 / Sq Ft
11/30/2021 11/30/21 Pending -- -- --
11/23/2021 11/23/21 For Sale $724,000 -- $219 / 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
2025 $9,599 $676,800 -- --
2024 $8,994 $676,800 -- --
2023 $8,994 $612,000 $240,000 $372,000
2022 $8,109 $563,980 $0 $0
2021 $5,863 $341,560 $200,000 $141,560
2020 $5,604 $325,300 $127,500 $197,800
2019 $5,532 $322,680 $127,500 $195,180
2018 $5,287 $302,000 $0 $302,000
2017 $5,059 $277,000 $0 $277,000
2016 $4,826 $247,000 $0 $0
2015 $4,600 $220,000 $90,000 $130,000
2014 $4,341 $200,000 $66,000 $134,000
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 921327

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 26-37-26-00-00502.0-0000.00