NOT LISTED FOR SALE

3408 Henry St Melbourne, FL 32901

Estimated Value: $143,000 - $339,000

4 Beds
2 Baths
1,296 Sq Ft
$169/Sq Ft Est. Value

Last Sold March 28, 2014

Last sale price $49,900 $39 Per Sq Ft

Est. 339% increase in value since last sale

Current estimated payment $1,328/month

10 Days on Market

Highlights

  • No HOA
  • Terrazzo Flooring
  • 1-Story Property

About This Home

As of March 2014

Great income opportunity! Duplex with 2 bedrooms and 1 bath on both sides. Property needs TLC but has great potential.

Last Agent to Sell the Property

Charles Noel

Real Estate Direct of Florida Listed on: 03/03/2014

Co-Listed By

Gary Fleig

Real Estate Direct of Florida

Last Buyer's Agent

Lesly Breson

National Realty of Brevard

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $945

Year Built

  • Built in 1963

Lot Details

  • 8,276 Sq Ft Lot

Home Design

  • Duplex
  • Shingle Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 1,296 Sq Ft Home
  • 1-Story Property
  • Electric Range

Flooring

  • Terrazzo
  • Vinyl

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces

Schools

  • Palm Bay Elementary School
  • Palm Bay High School

Utilities

  • No Cooling
  • Propane

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • The owner pays for taxes
  • Assessor Parcel Number 28-37-11-52-00007.0-0003.00

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $2,000
  • Gross Income $12,000
  • Net Operating Income $10,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$945

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1963
  • Reso Property Sub Type: Duplex
  • Road Surface Type: Paved
  • Co List Office Mls Id: 5260
  • Co List Office Phone: 321-254-0688
  • ResoSpecialListingConditions: Real Estate Owned
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Location Tax and Legal Parcel Number2: 28-37-11-52-00007.0-0003.00
  • Location Tax and Legal Elementary School: Palm Bay Elem
  • Location Tax and Legal High School: Palm Bay
  • Location Tax and Legal Tax Annual Amount: 945.39
  • Location Tax and Legal Tax Year2: 2013
  • General Property Information Building Area Total3: 1296.0
  • General Property Information Lot Size Acres: 0.19
  • General Property Information Lot Size Square Feet2: 8276.0
  • General Property Information Waterfront YN: No
  • Levels One: Yes
  • Roof:Shingle: Yes
  • Utilities Electricity Connected: Yes
  • Flooring Terrazzo: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • General Property Information Lot Size Dimensions: 60.0 ft x 139.0 ft
  • Utilities Propane3: Yes
  • Flooring Vinyl: Yes
  • General Property Information Number Of Units Total2: 2.0
  • Gross Scheduled Income: 12000.0
  • Income And Expenses Operating Expense: 2000.0
  • Cooling None2: Yes
  • Special Listing Conditions Real Estate Owned: Yes
  • Utilities Sewer Connected: Yes
  • General Property Information Number Of Buildings2: 1.0
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Terrazzo, Vinyl
  • Appliances: Electric Range
  • ResoLivingAreaSource: Other
  • Appliances:Electric Range: Yes

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Acres: 0.19
  • Waterfront: No
  • Construction Type: Block, Concrete
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes

Garage/Parking

  • Total Parking Spaces: 2.0
  • General Property Information:Garage YN: No
  • General Property Information:Parking Total: 2.0
  • General Property Information:Open Parking Spaces2: 2.0

Utilities

  • Cooling: None
  • Utilities: Electricity Connected, Sewer Connected, Water Available, Propane
  • Cooling Y N: No
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Lot Dimensions: 60.0 ft x 139.0 ft
  • Lot Size Sq Ft: 8276.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 28-37-11-52-00007.0-0003.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Taxes, Other

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 945.39

Multi Family

  • Number Of Units Total: 2
  • Annual Operating Expense: 2000.0
  • Income And Expenses Net Operating Income: 10000.0

MLS Schools

  • Elementary School: Palm Bay Elem
  • High School: Palm Bay

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 7, 2018
Sold by
How James R and How Susan F
Bought by
Hamilton Camille A and Gowins London A
Current Estimated Value
$219,023

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,500
Outstanding Balance
$71,648
Interest Rate
4.5%
Estimated Equity
$147,375

Purchase Details

Listed on
Mar 3, 2014
Closed on
Mar 28, 2014
Sold by
Space Coast Credit Union
Bought by
How James R and How Susan F
Seller's Agent
Charles Noel
Real Estate Direct of Florida
Buyer's Agent
Lesly Breson
National Realty of Brevard
List Price
$54,900
Sold Price
$49,900
Premium/Discount to List
-$5,000
-9.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.61%

Purchase Details

Closed on
Sep 16, 2013
Sold by
Jean Louis Jude and Toussant John Y
Bought by
Space Coast Credit Union

Purchase Details

Closed on
Oct 9, 2012
Sold by
U S Bank National Association
Bought by
Owens Thomas P

Purchase Details

Closed on
Jan 22, 2004
Sold by
Brantley Homer L
Bought by
Jean Louis Jude and Toussaint John Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,000
Interest Rate
5.81%
Source: Public Records

Range of Values:

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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
Hamilton Camille A $110,000 Alliance Title Insurance Age
How James R $49,900 Superior Title Insurance Age
Space Coast Credit Union -- Attorney
Owens Thomas P $14,000 Fidelity Natl Title Fl Inc
Jean Louis Jude $57,500 Peninsula Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hamilton Camille A $82,500
Previous Owner Jean Louis Jude $46,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2014 03/28/14 Sold $49,900 -9.1% $39 / Sq Ft
03/13/2014 03/13/14 Pending -- -- --
03/02/2014 03/02/14 For Sale $54,900 -- $42 / 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
2025 $2,169 $130,560 -- --
2024 $2,188 $115,200 -- --
2023 $2,188 $115,200 $9,450 $105,750
2022 $2,107 $128,400 $0 $0
2021 $1,897 $96,540 $9,450 $87,090
2020 $1,778 $89,390 $9,450 $79,940
2019 $1,809 $87,720 $9,450 $78,270
2018 $1,264 $59,000 $0 $59,000
2017 $1,181 $52,000 $0 $52,000
2016 $1,139 $47,000 $0 $0
2015 $1,124 $45,000 $8,000 $37,000
2014 $1,033 $41,000 $8,000 $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: 690588

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-37-11-52-00007.0-0003.00