NOT LISTED FOR SALE

348 Formosa Dr Cocoa Beach, FL 32931

Estimated Value: $534,000 - $580,000

3 Beds
2 Baths
1,429 Sq Ft
$388/Sq Ft Est. Value

Sale Details

Date Sold: September 15, 2015

Last sale price $225,000 $157 Per Sq Ft

Est. 146% increase in value since last sale

Current estimated payment $3,217 / mo

45 Days on Market

Highlights

  • City View
  • No HOA
  • 2 Car Attached Garage
  • Theodore Roosevelt Elementary School Rated 9+
  • Breakfast Area or Nook
  • Tile Flooring

About This Home

As of September 2015

Only 3 blocks from the beach! This lovely 3 bedroom, 2 bathrooms home, freshly painted (sky blue) in Feb. 2015, has beautiful terrazzo floors, it feels bigger than indicated in square footage. It is concrete block constructions, new roof was put on Dec. 2014, new hot water heater, and kitchen sink pipes replaced in June 2015. For practical reasons it is move in ready. This home is conveniently located near local stores, post office, schools and restaurants. A definite must see!

Last Agent to Sell the Property

Mary Gal

Seaside Realty of Brevard License #3238154 Listed on: 07/16/2015

Last Buyer's Agent

Mary Gal

Seaside Realty of Brevard License #3238154 Listed on: 07/16/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,442

Year Built

  • Built in 1962

Lot Details

  • 9,148 Sq Ft Lot
  • West Facing Home

Parking

  • 2 Car Attached Garage
  • Additional Parking

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Asphalt

Interior Spaces

  • 1,429 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • City Views
  • Breakfast Area or Nook
  • Laundry in Garage

Flooring

  • Tile
  • Terrazzo

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Schools

  • Roosevelt Elementary School
  • Cocoa Beach Middle School
  • Cocoa Beach High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Cocoa Isles 8Th Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 25-37-10-03-0000n.0-0006.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,442

Year Built

Built in 1962

Lot Details

9,148 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1962
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: In Garage
  • Road Surface Type: Asphalt
  • Reso View: City
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Cocoa Isles 8th Addn
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Ceiling Fan(s), Primary Downstairs, Primary Bathroom - Tub with Shower, Breakfast Nook
  • Flooring: Tile, Terrazzo
  • Appliances: Electric Water Heater, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Acres: 0.21
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Block, Concrete
  • Direction Faces: West

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Additional Parking, Attached

Utilities

  • Cooling: Central Air, Other
  • Utilities: Cable Available, Electricity Connected, Water Available
  • Heating: Central
  • Cooling Y N: Yes
  • HeatingYN: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: Cocoa Beach

Lot Info

  • Lot Dimensions: 80.0 ft x 112.0 ft
  • Lot Size Sq Ft: 9148.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 25-37-10-03-0000n.0-0006.00

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 1441.73

MLS Schools

  • Elementary School: Roosevelt
  • High School: Cocoa Beach

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2015
Closed on
Sep 15, 2015
Sold by
Bought by
Seller's Agent
Mary Gal
Seaside Realty of Brevard
Buyer's Agent
Mary Gal
Seaside Realty of Brevard
List Price
$249,000
Sold Price
$225,000
Premium/Discount to List
-$24,000
-9.64%
Current Estimated Value
$554,489

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$329,489
Avg. Annual Appreciation
8.77%

Purchase Details

Closed on
Jan 20, 2003
Sold by
Bought by

Purchase Details

Closed on
Mar 13, 2002
Sold by
Bought by

Purchase Details

Closed on
Aug 31, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,400
Interest Rate
8.17%
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$225,000 International Title Escrow C
-- --
-- --
$122,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $85,400
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/15/2015 09/15/15 Sold $225,000 -4.3% $157 / Sq Ft
08/31/2015 08/31/15 Pending -- -- --
08/19/2015 08/19/15 Price Changed $235,000 -5.6% $164 / Sq Ft
07/16/2015 07/16/15 For Sale $249,000 -- $174 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,703 $233,690 -- --
2024 $2,627 $227,110 -- --
2023 $2,627 $220,500 $0 $0
2022 $2,709 $214,080 $0 $0
2021 $2,696 $207,850 $0 $0
2020 $2,671 $204,990 $0 $0
2019 $2,649 $200,390 $0 $0
2018 $2,633 $196,660 $0 $0
2017 $2,644 $192,620 $0 $0
2016 $2,632 $188,660 $110,000 $78,660
2015 $1,441 $116,560 $100,000 $16,560
2014 $1,442 $115,640 $81,000 $34,640
Source: Public Records

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Map

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

MLS Number: 730284

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 25-37-10-03-0000N.0-0006.00

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