NOT LISTED FOR SALE

311 Frances Dr Edgewater, FL 32132

10 Beds
6 Baths
12,200 Sq Ft
0.28 Acres

Last Sold February 28, 2018

Last sale price $358,000 $29 Per Sq Ft

674 Days on Market

About This Home

As of February 2018

Great investment opportunity, 6 units between US 1 & the River, freshly painted exterior, some units have been updated, proven rental income, all units occupied on long term lease. Close to Park Ave boat ramp and other riverside parks. Washer/Dryer hookup in shared laundry room.

Last Agent to Sell the Property

Lainy McKain

WATSON REALTY CORP License #3116231 Listed on: 04/13/2016

WATSON REALTY CORP

Last Buyer's Agent

Lainy McKain

WATSON REALTY CORP License #3116231 Listed on: 04/13/2016

WATSON REALTY CORP

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1973

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 122x100
  • Irrigation

Parking

  • On-Street Parking

Home Design

  • Shingle Roof
  • Metal Roof
  • Concrete Siding
  • Stucco

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 6 Full Bathrooms

Additional Features

  • 2-Story Property
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Assessor Parcel Number 745204000020

Community Details

Overview

  • 6 Units
  • 12,200 Sq Ft Building
  • Indian River Estates Rep Subdivision

Building Details

  • 6 Separate Electric Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Other
  • Construction Materials: Concrete, Stucco
  • Lot Size Acres: 0.28
  • Year Built: 1973
  • Building Area Total: 12200
  • Status: Sold
  • Total Acreage: 1/4 to less than 1/2
  • Special Features: None

Interior Features

  • Full Bathrooms: 6
  • Total Bedrooms: 10
  • Levels: Two
  • Stories: 2

Exterior Features

  • Pool Features: Other
  • Exterior Features: Irrigation System
  • Roof: Metal, Shingle
  • Road Surface Type: Other

Garage/Parking

  • Parking Features: On Street

Utilities

  • Heating: Wall Units / Window Unit
  • Laundry Features: None
  • Sewer: Other

Condo/Co-op/Association

  • Development: Not In Subdivision

Lot Info

  • Zoning: R3
  • Parcel Number: 745204000020
  • Lot Features: City Limits
  • Lot Dimensions: 122x100

Rental Info

  • Furnished: Unfurnished
  • Terms Of Lease: Other

Multi Family

  • Number Of Units Total: 6
  • Number Of Separate Electric Meters: 6
  • Unit Count: 4

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

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2018 02/28/18 Sold $358,000 -12.7% $29 / Sq Ft
02/17/2018 02/17/18 Pending -- -- --
04/13/2016 04/13/16 For Sale $410,000 -- $34 / Sq Ft
Source: Stellar MLS

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
2026 $6,778 $400,385 $109,995 $290,390
2025 $6,778 $400,385 $109,995 $290,390
2024 $5,839 $394,089 $109,995 $284,094
2023 $5,839 $321,688 $63,640 $258,048
2022 $5,363 $285,051 $40,070 $244,981
2021 $4,800 $233,577 $29,182 $204,395
2020 $4,934 $239,614 $29,182 $210,432
2019 $4,788 $225,078 $25,693 $199,385
2018 $5,436 $272,857 $29,646 $243,211
2017 $5,036 $224,011 $53,100 $170,911
2016 $4,759 $199,515 $0 $0
2015 $4,707 $192,411 $0 $0
2014 $4,547 $185,944 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lainy McKain

    Seller's Agent in 2018

    Lainy McKain

    WATSON REALTY CORP

    (386) 690-9099

    6 in this area

    128 Total Sales

    Lainy McKain
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Map

Source: Stellar MLS

MLS Number: NS1028224

Stellar MLS
Florida Volusia County Edgewater 32132

311 Frances Dr, Edgewater, FL

Not Listed for Sale

MultiFamily

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.

Stellar MLS 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.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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