NOT LISTED FOR SALE

239 Laurel Oak St Melbourne, FL 32904

Estimated Value: $313,517 - $379,000

5 Beds
2 Baths
1,664 Sq Ft
$209/Sq Ft Est. Value

Last Sold October 01, 2024

Last sale price $370,000 $222 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $2,124/month

101 Days on Market

Highlights

  • Screened Pool
  • Shed
  • Laundry in multiple locations
  • No HOA
  • Tile Flooring
  • Central Heating and Cooling System

About This Home

As of October 2024

Welcome to this income-producing duplex featuring a 2-bed, 1-bath unit and a 3-bed, 1-bath unit. Enjoy the perks of a covered patio and a screened-in pool. This property offers endless possibilities: live in one unit while renting out the other or maximize your investment by renting both units. Ideally located near the airport, downtown, and beaches, this duplex sits on an oversized lot at the end of a quiet street. Don't miss out on this exceptional opportunity!

Last Agent to Sell the Property

Jarrett Bass

Compass Florida LLC License #3584150 Listed on: 08/30/2024

Compass Florida LLC

Co-Listed By

Scott Reynolds

Compass Florida LLC License #3154924

Last Buyer's Agent

Lucie Lorch

Derrick Real Estate Group, Inc License #3215530

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,299

Year Built

  • Built in 1956

Lot Details

  • 0.38 Acre Lot
  • Street terminates at a dead end
  • East Facing Home
  • Fenced

Parking

  • 1 Carport Space

Home Design

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

Interior Spaces

  • 1,664 Sq Ft Home
  • 1-Story Property

Kitchen

  • Electric Oven
  • Electric Range
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in multiple locations
  • Electric Dryer Hookup

Pool

  • Screened Pool
  • Heated Pool
  • Screen Enclosure

Outdoor Features

  • Shed

Schools

  • Roy Allen Elementary School
  • Central Middle School
  • Melbourne High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • The owner pays for exterior maintenance, pool maintenance, sewer, trash collection, water
  • Assessor Parcel Number 28-37-06-26-00000.0-0029.00

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • Gross Income $27,600
  • Net Operating Income $18,875

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,299

Year Built

Built in 1956

Lot Details

0.38 Acres

Listing Details

  • Property Type: Residential Income
  • Year Built: 1956
  • Reso Property Sub Type: Duplex
  • ResoLaundryFeatures: Multiple Locations, Electric Dryer Hookup
  • ResoLotFeatures: Dead End Street, Other
  • Road Surface Type: Paved
  • Co List Office Mls Id: spc.ocflo5
  • Co List Office Phone: 772-492-7777
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: None
  • Carport Y N: Yes
  • Garage Yn: No
  • New Construction: No
  • Reso Other Structures: Shed(s)
  • Location Tax and Legal Parcel Number2: 28-37-06-26-00000.0-0029.00
  • Location Tax and Legal Elementary School: Roy Allen
  • Location Tax and Legal Middle School2: Central
  • Location Tax and Legal High School: Melbourne
  • Location Tax and Legal Tax Annual Amount: 3299.49
  • Location Tax and Legal Tax Year2: 2023
  • General Property Information Living Area2: 1664.0
  • General Property Information Lot Size Acres: 0.38
  • General Property Information Lot Size Square Feet2: 16553.0
  • General Property Information New Construction YN: No
  • General Property Information Carport Spaces2: 1.0
  • General Property Information Direction Faces: East
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Fencing Fenced2: Yes
  • Flooring Laminate: Yes
  • Flooring Tile: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Pool Features Private: Yes
  • Lot Features Dead End Street: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Flooring Carpet: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: Yes
  • Other Structures Shed(s): Yes
  • Utilities Water Available: Yes
  • Pool Features Screen Enclosure: Yes
  • General Property Information Stories Total: 1
  • Pool Features Electric Heat: Yes
  • Utilities Sewer Available: Yes
  • Flooring Vinyl: Yes
  • General Property Information Number Of Units Total2: 2.0
  • Owner Pays:Sewer2: Yes
  • General Property Information Number Of Buildings2: 2.0
  • General Property Information Stories2: 1
  • Laundry Features Multiple Locations: Yes
  • Marketing Remarks:Marketing Remarks: Welcome to this income-producing duplex featuring a 2-bed, 1-bath unit and a 3-bed, 1-bath unit. Enjoy the perks of a covered patio and a screened-in pool. This property offers endless possibilities: live in one unit while renting out the other or maximize your investment by renting both units. Ideally located near the airport, downtown, and beaches, this duplex sits on an oversized lot at the end of a quiet street. Don't miss out on this exceptional opportunity!
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Carpet, Laminate, Tile, Vinyl
  • Appliances: Disposal, Electric Oven, Electric Range
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Stories: 1
  • Stories: 1
  • Appliances:Electric Range: Yes
  • Appliances:Electric Oven: Yes

Exterior Features

  • Exterior Features: Other
  • Pool Features: Electric Heat, Private, Screen Enclosure
  • Roof: Shingle
  • Fencing: Fenced
  • Acres: 0.38
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: East
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Lot Features:Other21: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Other
  • General Property Information:Garage YN: No
  • Parking Features:Other26: Yes

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Cable Available, Sewer Available, Water Available
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: Central

Lot Info

  • Current Use: Multi-Family
  • Lot Size Sq Ft: 16553.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 28-37-06-26-00000.0-0029.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished
  • Tenant Pays: Cable TV, Electricity, Other
  • Owner Pays: Exterior Maintenance, Pool Maintenance, Sewer, Trash Collection, Water

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3299.49

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 27600.0
  • Income And Expenses Net Operating Income: 18875.0

MLS Schools

  • Elementary School: Roy Allen
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2024
Closed on
Sep 30, 2024
Sold by
Oswalt Robert J and Oswalt Angela K
Bought by
Gillis Diane P and Gillis Gerald Lynn
Seller's Agent
Jarrett Bass
Compass Florida LLC
Buyer's Agent
Lucie Lorch
Derrick Real Estate Group, Inc
List Price
$395,000
Sold Price
$370,000
Premium/Discount to List
-$25,000
-6.33%
Views
124
Current Estimated Value
$347,879

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$22,121
Avg. Annual Appreciation
-4.13%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gillis Diane P $370,000 Echelon Title Services
Gillis Diane P $370,000 Echelon Title Services
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/01/2024 10/01/24 Sold $370,000 -6.3% $222 / Sq Ft
09/09/2024 09/09/24 Pending -- -- --
08/30/2024 08/30/24 For Sale $395,000 0.0% $237 / Sq Ft
08/03/2024 08/03/24 Pending -- -- --
08/01/2024 08/01/24 For Sale $395,000 0.0% $237 / Sq Ft
07/25/2024 07/25/24 Pending -- -- --
07/19/2024 07/19/24 For Sale $395,000 0.0% $237 / Sq Ft
07/12/2024 07/12/24 Pending -- -- --
07/09/2024 07/09/24 Price Changed $395,000 -7.1% $237 / Sq Ft
06/17/2024 06/17/24 For Sale $425,000 0.0% $255 / Sq Ft
06/06/2024 06/06/24 Pending -- -- --
05/30/2024 05/30/24 For Sale $425,000 +137.4% $255 / Sq Ft
05/11/2016 05/11/16 Sold $179,000 -9.1% $108 / Sq Ft View Prior Sale
03/15/2016 03/15/16 Pending -- -- --
11/21/2015 11/21/15 For Sale $197,000 -- $118 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

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 $3,762 $285,000 -- --
2024 $3,671 $250,800 -- --
2023 $3,671 $250,800 $0 $0
2022 $3,299 $235,200 $0 $0
2021 $3,080 $178,830 $30,000 $148,830
2020 $2,934 $170,320 $30,000 $140,320
2019 $2,825 $157,700 $30,000 $127,700
2018 $2,765 $150,000 $0 $150,000
2015 $1,749 $77,000 $30,000 $47,000
2014 $1,176 $67,810 $15,000 $52,810
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 1015400

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-37-06-26-00000.0-0029.00

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