NOT LISTED FOR SALE

231 Woodland Ave Unit 231,233,235 Cocoa Beach, FL 32931

Cocoa Beach Neighborhood

Estimated Value: $478,766 - $562,000

3 Beds
1 Bath
1,708 Sq Ft
$303/Sq Ft Est. Value

Last Sold October 21, 2019

Last sale price $320,000 $187 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $3,373/month

213 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • 1-Story Property
  • Theodore Roosevelt Elementary School Rated 9+
  • Terrazzo Flooring
  • Heating Available

About This Home

As of October 2019

REDUCED! TRIPLEX with all New Leases with 2 long Term Tenants. GREAT LOCATION 3 blocks to the Beach! Units are 1 EFF $600 a Month , 1/1 $700 a Month ,2/1 $800 a Month. Updates all New Storm Shutters 2018, Sewer Line, 2 New Window A/C 2018, Central A/C 2017 & Duct Work 2013, Vinyl Floors in 2 Units, Counter Top in 1 Unit 2019, Roof 4/1/2009, Windows 2013. Units are Dated but Clean. There is not Laundry Hookups.

Last Agent to Sell the Property

Vickie Walters

Brevard Premier Prop.& Inv.Inc License #3014301 Listed on: 01/24/2019

Last Buyer's Agent

Eyad(Eddie) Al Shihabi

Brevard Premier Prop.& Inv.Inc License #553633

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,244

Year Built

  • Built in 1962

Lot Details

  • 7,841 Sq Ft Lot

Home Design

  • Triplex
  • Brick Exterior Construction
  • Shingle Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 1,708 Sq Ft Home
  • 1-Story Property
  • Electric Range

Flooring

  • Carpet
  • Terrazzo
  • Vinyl

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces

Schools

  • Roosevelt Elementary School
  • Cocoa Beach Middle School
  • Cocoa Beach High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Air
  • Heating Available

Listing and Financial Details

  • The owner pays for grounds care, insurance, pest control, sewer, taxes, trash collection, water
  • Assessor Parcel Number 25-37-10-81-00110.A-0014.00

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Operating Expense $7,984
  • Gross Income $25,200
  • Net Operating Income $17,216

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,244

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1962
  • Reso Property Sub Type: Triplex
  • Road Surface Type: Paved
  • ResoSpecialListingConditions: Standard
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Appliances Refrigerators: Yes
  • Roof:Shingle: Yes
  • Gross Scheduled Income: 25200.0
  • Income And Expenses Operating Expense: 7984.0
  • Owner Pays:Sewer2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Terrazzo, Vinyl
  • Appliances: Electric Range, Refrigerator
  • ResoLivingAreaSource: PublicRecords
  • Appliances:Electric Range: Yes

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Acres: 0.18
  • Waterfront: No
  • Construction Type: Block, Concrete
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Brick2: Yes

Garage/Parking

  • Total Parking Spaces: 3.0
  • General Property Information:Garage YN: No
  • General Property Information:Parking Total: 3.0
  • General Property Information:Open Parking Spaces2: 3.0

Utilities

  • Cooling: Central Air, Wall/Window Unit(s)
  • Utilities: Sewer Connected, Water Available
  • Heating: Other
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: Cocoa Beach

Lot Info

  • Lot Size Sq Ft: 7841.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2517312
  • Parcel #: 25-37-10-81-00110.A-0014.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Grounds Care, Insurance, Pest Control, Sewer, Taxes, Trash Collection, Water

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 3243.78

Multi Family

  • Number Of Units Total: 3
  • Annual Operating Expense: 7984.0
  • Income And Expenses Net Operating Income: 17216.0

MLS Schools

  • Elementary School: Roosevelt
  • High School: Cocoa Beach

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2019
Closed on
Oct 11, 2019
Sold by
Kueneman Susan
Bought by
Vozza Olivia
Seller's Agent
Vickie Walters
Brevard Premier Prop.& Inv.Inc
Buyer's Agent
Eyad(Eddie) Al Shihabi
Brevard Premier Prop.& Inv.Inc
List Price
$350,000
Sold Price
$320,000
Premium/Discount to List
-$30,000
-8.57%
Total Days on Market
213
Current Estimated Value
$516,692

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,692
Avg. Annual Appreciation
9.12%
Original Mortgage
$240,000
Outstanding Balance
$212,149
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$311,366

Purchase Details

Closed on
Jan 27, 2015
Sold by
Clenaghan James and Kueneman Susan
Bought by
Clenaghan James and Clenaghan Thomas

Purchase Details

Closed on
Nov 20, 1998
Sold by
Clenaghan Joan A
Bought by
Shanahan James D
Source: Public Records

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Range of Values:

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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
Vozza Olivia -- Attorney
Vozza Olivia -- Attorney
Vozza Olivia -- Attorney
Vozza Olivia $320,000 Attorney
Clenaghan James -- None Available
Shanahan James D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vozza Olivia $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2019 10/21/19 Sold $320,000 -5.3% $187 / Sq Ft
08/26/2019 08/26/19 Pending -- -- --
06/22/2019 06/22/19 Price Changed $338,000 -2.0% $198 / Sq Ft
04/08/2019 04/08/19 Price Changed $345,000 -1.4% $202 / Sq Ft
01/24/2019 01/24/19 For Sale $350,000 -- $205 / 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 $5,790 $434,160 $0 $0
2022 $4,499 $304,200 $0 $0
2021 $3,980 $233,620 $190,000 $43,620
2020 $3,661 $212,370 $145,000 $67,370
2019 $3,410 $193,060 $145,000 $48,060
2018 $3,244 $180,000 $0 $180,000
2017 $3,109 $170,000 $0 $170,000
2016 $2,867 $150,000 $0 $0
2015 $2,455 $126,500 $100,000 $26,500
2014 $2,239 $113,000 $80,000 $33,000
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 835013

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 25-37-10-81-00110.A-0014.00