NOT LISTED FOR SALE

2720 NE Indian River Dr Jensen Beach, FL 34957

Estimated Value: $440,000 - $601,805

3 Beds
3 Baths
1,948 Sq Ft
$272/Sq Ft Est. Value

Last Sold May 27, 2016

Last sale price $265,000 $136 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $3,392/month

98 Days on Market

Highlights

  • Intracoastal View
  • Corner Lot
  • Tile Flooring
  • Jensen Beach Elementary School Rated A-
  • Patio
  • Central Heating and Cooling System

About This Home

As of May 2016

Key West style property located on a large beautifully landscaped corner lot with a view of the Indian River and with Riparian rights. Home was updated in 2010 with metal roof, upgraded electrical, new windows, and new side driveway. There are 3 units in the home, each with its own entrance - 1) 2 bedroom, 1 bath 2) 2 bedroom, 1 bath, 3) Efficiency. Garage is being used by all tenants for storage. There is a common laundry room. Home could be used as a large 5 bedroom family home or as income producing units.

Last Agent to Sell the Property

Marlene Colean

Colean Realty Inc License #147836 Listed on: 01/19/2016

Co-Listed By

Brad Colean

Colean Realty Inc License #579050

Last Buyer's Agent

Janice Norman

Water Pointe Realty Group License #3085852

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,960

Year Built

  • Built in 1950

Lot Details

  • 0.4 Acre Lot
  • Corner Lot

Parking

  • 1 Car Garage

Home Design

  • Triplex
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,948 Sq Ft Home
  • 1-Story Property
  • Intracoastal Views

Flooring

  • Carpet
  • Tile

Outdoor Features

  • Rip-Rap
  • Patio

Utilities

  • Central Heating and Cooling System
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Total Actual Rent $33,600
  • Rent includes cable TV
  • Assessor Parcel Number 2237410010000000401

Community Details

Overview

  • 3 Units
  • Coconut Way Subdivision

Building Details

  • Operating Expense $8,000
  • Net Operating Income $25,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,960

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Triplex
  • Property Sub Type Additional: Triplex
  • Directions: Jensen Beach Blvd. to right on AIA to just past the fruit stand
  • Year Built: 1950
  • Unit Levels: One
  • Building Stories: 1
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Carpet, Tile
  • Living Area: 1948.0

Exterior Features

  • Exterior Features: Patio
  • View: Intercoastal
  • Lot Features: Corner Lot
  • Pool Features: None
  • Pool Private: No
  • Waterfront Features: Riprap
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Frame
  • Patio And Porch Features: Patio
  • Roof: Metal

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Garage Yn: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Cable TV
  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 2237410010000000401
  • Lot Size: Corner
  • Lot Size Sq Ft: 17336.0
  • Zoning Description: R-3A

Multi Family

  • Property Net Operating Income: 25600.0
  • Number Of Units Total: 3
  • Annual Operating Expense: 8000.0
  • Total Actual Rent: 33600.0

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 2960.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2016
Closed on
May 27, 2016
Sold by
Colean Marlene M
Bought by
Jakobowskii Piotr
Seller's Agent
Marlene Colean
Colean Realty Inc
Buyer's Agent
Janice Norman
Water Pointe Realty Group
List Price
$287,900
Sold Price
$265,000
Premium/Discount to List
-$22,900
-7.95%
Current Estimated Value
$530,451

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$265,451
Avg. Annual Appreciation
7.58%

Purchase Details

Listed on
Aug 24, 2011
Closed on
Jan 20, 2012
Sold by
Bolio Robert L
Bought by
Colean Marlene M
Seller's Agent
Cheryl Gaydos
Berkshire Hathaway Florida Realty
Buyer's Agent
NON MEMBER
List Price
$280,000
Sold Price
$225,000
Premium/Discount to List
-$55,000
-19.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.83%
Original Mortgage
$30,000
Interest Rate
4%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 9, 2010
Sold by
Sotire Rikki and Sotire Coleen
Bought by
Bolio Robert L

Purchase Details

Closed on
Jun 16, 2004
Sold by
Walters Linda Lou Rosselle
Bought by
Sotire Rikki and Sotire Coleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Jakobowskii Piotr $265,000 First International Title In
Colean Marlene M $225,000 Florida Title & Guarantee
Bolio Robert L $115,000 Florida Title & Guarantee
Sotire Rikki -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Colean Marlene M $30,000
Previous Owner Sotire Rikki $244,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/27/2016 05/27/16 Sold $265,000 -8.0% $136 / Sq Ft
04/27/2016 04/27/16 Pending -- -- --
01/19/2016 01/19/16 For Sale $287,900 +28.0% $148 / Sq Ft
01/20/2012 01/20/12 Sold $225,000 -19.6% $116 / Sq Ft View Prior Sale
12/21/2011 12/21/11 Pending -- -- --
08/24/2011 08/24/11 For Sale $280,000 -- $144 / Sq Ft
Source: BeachesMLS

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 $7,074 $376,278 -- --
2024 $6,421 $342,071 -- --
2023 $6,421 $310,974 $0 $0
2022 $5,897 $282,704 $0 $0
2021 $5,236 $257,004 $0 $0
2020 $4,808 $297,600 $96,100 $201,500
2019 $4,071 $212,400 $96,100 $116,300
2018 $4,260 $224,700 $96,100 $128,600
2017 $3,584 $212,100 $96,100 $116,000
2016 $3,168 $168,500 $80,100 $88,400
2015 -- $164,800 $75,100 $89,700
2014 -- $173,130 $75,100 $98,030
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2016

    Marlene Colean

    Colean Realty Inc

  • B

    Seller Co-Listing Agent in 2016

    Brad Colean

    Colean Realty Inc

  • J

    Buyer's Agent in 2016

    Janice Norman

    Water Pointe Realty Group

    (772) 485-9505

    9 in this area

    113 Total Sales

    Janice Norman
    Section Image

  • C

    Seller's Agent in 2012

    Cheryl Gaydos

    Berkshire Hathaway Florida Realty

    Section Image

  • P

    Seller Co-Listing Agent in 2012

    Paul Gaydos

    Berkshire Hathaway Florida Realty

  • N

    Buyer's Agent in 2012

    NON MEMBER

See All Agents

Map

Source: BeachesMLS

MLS Number: R10200062

BeachesMLS

APN: 22-37-41-001-000-00040-1

Florida Martin County Jensen Beach 34957

2720 NE Indian River Dr, Jensen Beach, FL

Not Listed for Sale

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.

BeachesMLS 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