NOT LISTED FOR SALE

346 Ocean View Ln Indialantic, FL 32903

Estimated Value: $633,351 - $782,000

6 Beds
3 Baths
2,760 Sq Ft
$255/Sq Ft Est. Value

Last Sold January 20, 2017

Last sale price $347,500 $126 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $4,181/month

170 Days on Market

Highlights

  • Waterfront
  • No HOA
  • Cul-De-Sac
  • Indialantic Elementary School Rated A-
  • Detached Garage
  • Tile Flooring

About This Home

As of January 2017

HAVE CONTRACT ON PROPERTY WITH KICK OUT CLAUSE. CAN STILL SHOW. 3 BED ROOM 2 BATH 2 CAR GARAGE EACH SIDE. ONE SIDE HAS A SCREEN PORCH AREA.
SIDE A HAS A NEW KITCHEN SIDE B HAS NEW MASTER AND UPDATES IN HALL BATH. BOTH UNITS ARE ALL TILE FLOORS. EACH UNIT IS TENANT OCCUPIED. UNITS ARE IN A NICE AREA EASY TO RENT. BOTH TENANT LEASES ARE UP OCT 31 2016. WILL NEED 24 HOUR NOTICE TO SHOW. PLEASE BRING PRE APPROVED BUYERS ONLY. WE DON'T WANT TO DISTURB TENANTS MORE THAN NECESSARY.

Last Agent to Sell the Property

Barbara Favero

One Sotheby's Inter Realty License #505072 Listed on: 07/12/2016

Last Buyer's Agent

Roy Wickfelder

Serving Brevard Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,388

Year Built

  • Built in 1979

Lot Details

  • 10,454 Sq Ft Lot
  • Waterfront
  • Cul-De-Sac
  • Street terminates at a dead end
  • Irregular Lot

Home Design

  • Duplex
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,760 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Electric Dryer Hookup

Kitchen

  • Electric Range
  • Ice Maker
  • Dishwasher
  • Disposal

Parking

  • Detached Garage
  • Garage Door Opener
  • On-Street Parking

Schools

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

Utilities

  • Central Air
  • Separate Meters
  • Cable TV Available

Listing and Financial Details

  • The owner pays for grounds care, insurance, management, tax, repairs, sewer, taxes, trash collection, water
  • Assessor Parcel Number 27-37-24-02-00000.0-0016.00

Community Details

Overview

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

Building Details

  • Gross Income $24,000
  • Net Operating Income $24,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,388

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1979
  • Reso Property Sub Type: Duplex
  • ResoLaundryFeatures: Electric Dryer Hookup
  • ResoLotFeatures: Cul-De-Sac, Dead End Street, Irregular Lot
  • Road Surface Type: Paved
  • Reso Association Amenities: Management - Off Site
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Ocean View Estates
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Location Tax and Legal Parcel Number2: 27-37-24-02-00000.0-0016.00
  • 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: 4388.37
  • Location Tax and Legal Tax Year2: 2015
  • General Property Information Living Area2: 2760.0
  • General Property Information Building Area Total3: 2760.0
  • General Property Information Lot Size Acres: 0.24
  • General Property Information Lot Size Square Feet2: 10454.0
  • 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 Number Of Units Total2: 2.0
  • General Property Information Water Frontage Feet: 4
  • Gross Scheduled Income: 24000.0
  • Utilities Sewer Connected: Yes
  • Owner Pays:Sewer2: Yes
  • Utilities Separate Electric Meters: Yes
  • Special Features: None
  • 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: 0.24
  • Waterfront: No
  • Construction Type: Stucco
  • Construction Materials:Stucco: Yes
  • Lot Features:Cul-De-Sac: Yes
  • Lot Features:Irregular Lot: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Detached, Garage Door Opener, On Street
  • General Property Information:Garage YN: No
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Detached: Yes
  • Parking Features:On Street: Yes

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Cable Available, Electricity Connected, Sewer Connected, Water Available, Separate Electric Meters
  • 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 Size Sq Ft: 10454.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2725973
  • Parcel #: 27-37-24-02-00000.0-0016.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Grounds Care, Insurance, Management, Other Tax, Repairs, Sewer, Taxes, Trash Collection, Water

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 4388.37

Multi Family

  • Number Of Units Total: 2
  • Income And Expenses Net Operating Income: 24000.0

MLS Schools

  • Elementary School: Indialantic
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2016
Closed on
Jan 20, 2017
Sold by
Wiles John F and Wiles Julie S
Bought by
Christie Robert E
Seller's Agent
Barbara Favero
One Sotheby's Inter Realty
Buyer's Agent
Roy Wickfelder
Serving Brevard Realty
List Price
$365,000
Sold Price
$347,500
Premium/Discount to List
-$17,500
-4.79%
Current Estimated Value
$704,838

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$357,338
Avg. Annual Appreciation
8.41%

Purchase Details

Closed on
Dec 30, 1998
Sold by
Comito Abe and Comito Leila W
Bought by
Wiles John F and Wiles Julie S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
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
Christie Robert E $347,500 Alliance Title Insurance Age
Wiles John F $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wiles John F $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/20/2017 01/20/17 Sold $347,500 -4.8% $126 / Sq Ft
12/30/2016 12/30/16 Pending -- -- --
07/12/2016 07/12/16 For Sale $365,000 -- $132 / 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 $5,454 $382,230 -- --
2024 $4,922 $379,550 -- --
2023 $4,922 $330,890 $0 $0
2022 $4,462 $320,480 $0 $0
2021 $4,079 $259,550 $0 $0
2020 $3,928 $249,880 $0 $0
2019 $3,745 $232,520 $0 $0
2018 $3,592 $220,500 $0 $0
2017 $4,881 $242,000 $0 $242,000
2016 $4,668 $216,000 $0 $0
2015 $4,388 $197,000 $110,000 $87,000
2014 $4,000 $180,000 $110,000 $70,000
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2017

    Barbara Favero

    One Sotheby's Inter Realty

  • R

    Buyer's Agent in 2017

    Roy Wickfelder

    Serving Brevard Realty

See All Agents

Map

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

MLS Number: 759410

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-37-24-02-00000.0-0016.00

Florida Brevard County Indialantic 32903

346 Ocean View Ln, Indialantic, FL

This home is located at 346 Ocean View Ln, Indialantic, FL 32903 since 12 July 2016 and is currently estimated at $704,838, approximately $255 per square foot. This property was built in 1979. 346 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.

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