NOT LISTED FOR SALE

232 & 238 Ocean View Ln Indialantic, FL 32903

Estimated Value: $555,266 - $626,000

-- Bed
3 Baths
2,064 Sq Ft
$283/Sq Ft Est. Value

Last Sold April 18, 2016

Last sale price $275,000 $133 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $3,771/month

9 Days on Market

Highlights

  • Waterfront
  • No HOA
  • Tile Flooring
  • Indialantic Elementary School Rated A-
  • 1 Car Attached Garage
  • 4-minute walk to Paradise Beach & Park

About This Home

As of April 2016

UNBELIEVABLE price for a full duplex, less than a block from the BEACH! Both 2 bedrm/2 bath units already have happy tenants in place! BRAND NEW ROOF! New A/C on unit 232! Each 1/2 duplex is completely tiled and offers separate fully fenced backyards, screened porches, and 1 car garage. The living areas feature vaulted ceilings w/skylights to welcome in the coastal sunshine. In addition, the kitchen opens up to the living space, making it easy to host relaxing beach side get-togethers. The master offers personal access to the back porch. Move in on one side and rent out the other, use one side for family or as a mother-in-law suite...or invite the current tenants to stay! $300k is price for both units, which must be sold together. Great investment opportunity, and close to everything!

Last Agent to Sell the Property

Silvia Mozer

Dale Sorensen Real Estate Inc. Listed on: 01/23/2016

Last Buyer's Agent

Steven Munich

Sheridan Shores Realty License #3267619

Sheridan Shores Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,852

Year Built

  • Built in 1983

Lot Details

  • 9,583 Sq Ft Lot
  • Waterfront
  • Street terminates at a dead end

Parking

  • 1 Car Attached Garage
  • 2 Open Parking Spaces

Home Design

  • Duplex
  • Shingle Roof
  • Wood Siding
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,064 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Electric Dryer Hookup

Kitchen

  • Electric Range
  • Ice Maker
  • Dishwasher
  • Disposal

Schools

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

Utilities

  • Central Air
  • Cable TV Available

Listing and Financial Details

  • The owner pays for exterior maintenance, grounds care, insurance, management, repairs, taxes
  • Assessor Parcel Number 27-37-24-02-00000.0-0008.00

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Ocean View Estates Subdivision

Building Details

  • Operating Expense $10,290
  • Gross Income $20,700
  • Net Operating Income $10,410

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,852

Year Built

Built in 1983

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Year Built: 1983
  • Reso Property Sub Type: Duplex
  • ResoLaundryFeatures: Electric Dryer Hookup
  • ResoLotFeatures: Dead End Street
  • Road Surface Type: Paved
  • Reso Association Amenities: Management - Off Site
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Ocean View Estates
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Location Tax and Legal Parcel Number2: 27-37-24-02-00000.0-0008.00
  • 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: 3851.53
  • Location Tax and Legal Tax Year2: 2015
  • General Property Information Living Area2: 2064.0
  • General Property Information Building Area Total3: 2640.0
  • General Property Information Lot Size Acres: 0.22
  • General Property Information Lot Size Square Feet2: 9583.0
  • General Property Information Waterfront YN: No
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Flooring Tile: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Levels One: Yes
  • Lot Features Dead End Street: Yes
  • Roof:Shingle: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • General Property Information Lot Size Dimensions: 80.0 ft x 118.0 ft
  • General Property Information Number Of Units Total2: 2.0
  • General Property Information Water Frontage Feet: 2
  • Gross Scheduled Income: 20700.0
  • Income And Expenses Operating Expense: 10290.0
  • Utilities Sewer Connected: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Tile
  • Appliances: Dishwasher, Disposal, Electric Range, Ice Maker, Refrigerator
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Appliances:Ice Maker: Yes

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Acres: 0.22
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco, Wood Siding
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Construction Materials:Wood Siding: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached
  • Total Parking Spaces: 2.0
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Attached: Yes
  • General Property Information:Parking Total: 2.0
  • General Property Information:Open Parking Spaces2: 2.0

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Cable Available, Electricity Connected, 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

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Lot Dimensions: 80.0 ft x 118.0 ft
  • Lot Size Sq Ft: 9583.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2725963
  • Parcel #: 27-37-24-02-00000.0-0008.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Exterior Maintenance, Grounds Care, Insurance, Management, Repairs, Taxes

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 3851.53

Multi Family

  • Number Of Units Total: 2
  • Annual Operating Expense: 10290.0
  • Income And Expenses Net Operating Income: 10410.0

MLS Schools

  • Elementary School: Indialantic
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 16, 2018
Sold by
Panton Ian
Bought by
Wokenstein Noah J
Current Estimated Value
$623,832

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
4.04%

Purchase Details

Listed on
Jan 23, 2016
Closed on
Apr 16, 2016
Sold by
Tang Freeman and Tang Hailna Yip
Bought by
Pantn Ian
Seller's Agent
Silvia Mozer
Dale Sorensen Real Estate Inc.
Buyer's Agent
Steven Munich
Sheridan Shores Realty
List Price
$300,000
Sold Price
$275,000
Premium/Discount to List
-$25,000
-8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
3.73%

Purchase Details

Closed on
Aug 31, 2004
Sold by
Lusk Wiles Jr Walter Guy and Lusk Wiles Joan
Bought by
Tang Freeman and Yip Tang Halina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
5.25%

Purchase Details

Closed on
Jan 17, 1994
Sold by
Wiles Walter Guy
Bought by
Wiles Walter Guy
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Wokenstein Noah J $340,000 State Title Partners Llp
Pantn Ian $275,000 State Title
Tang Freeman $355,000 Alliance Title Brevard Llc
Wiles Walter Guy -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wolkenstein Noah J $250,000
Closed Wokenstein Noah J $272,000
Previous Owner Pantn Ian $204,000
Previous Owner Panton Ian $204,000
Previous Owner Tang Freeman $280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2016 04/18/16 Sold $275,000 -8.3% $133 / Sq Ft
02/02/2016 02/02/16 Pending -- -- --
01/23/2016 01/23/16 For Sale $300,000 -- $145 / 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 $4,269 $277,650 -- --
2022 $3,985 $288,150 $0 $0
2021 $3,655 $235,990 $0 $0
2020 $3,521 $227,390 $0 $0
2019 $3,359 $211,990 $0 $0
2018 $5,127 $270,000 $0 $270,000
2015 $3,852 $172,000 $110,000 $62,000
2014 $3,573 $160,000 $110,000 $50,000
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2016

    Silvia Mozer

    Dale Sorensen Real Estate Inc.

  • S

    Buyer's Agent in 2016

    Steven Munich

    Sheridan Shores Realty

    Section Image
See All Agents

Map

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

MLS Number: 744892

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-37-24-02-00000.0-0008.00

Florida Brevard County Indialantic 32903

232 & 238 Ocean View Ln, Indialantic, FL

This home is located at 232 & 238 Ocean View Ln, Indialantic, FL 32903 since 23 January 2016 and is currently estimated at $584,567, approximately $283 per square foot. This property was built in 1983. 232 & 238 Ocean View Ln is a home located in Brevard County with nearby schools including Indialantic Elementary School, Herbert C. Hoover Middle School, and Melbourne Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Space Coast MLS (Space Coast Association of REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes