NOT LISTED FOR SALE

350 Canaveral Groves Blvd Cocoa, FL 32926

Estimated Value: $357,000 - $542,996

-- Bed
3 Baths
2,376 Sq Ft
$187/Sq Ft Est. Value

Last Sold March 06, 2014

Last sale price $130,000 $55 Per Sq Ft

Est. 242% increase in value since last sale

Current estimated payment $2,804/month

53 Days on Market

Highlights

  • No HOA
  • 1-Story Property
  • Central Air
  • Tile Flooring

About This Home

As of March 2014

Great investment property with three units and tenants already placed. The units are 2/1 and close to US1, 528, and shopping.

Last Agent to Sell the Property

Norman Boucher

Vincent Keenan, REALTORS License #8371 Listed on: 10/25/2013

Last Buyer's Agent

Vincent Keenan

Vincent Keenan, REALTORS License #359856

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,107

Year Built

  • 1966

Lot Details

  • 0.25 Acre Lot

Parking

  • 6 Parking Spaces

Home Design

  • Triplex
  • Shingle Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 2,376 Sq Ft Home
  • 1-Story Property
  • Electric Range

Flooring

  • Carpet
  • Tile

Schools

  • Fairglen Elementary School

Utilities

  • Central Air
  • Cable TV Available

Listing and Financial Details

  • The owner pays for grounds care, tax, sewer, taxes, water
  • Assessor Parcel Number 23-36-31-Bj-00000.0-0011.01

Community Details

Overview

  • No Home Owners Association
  • Thomas Subd Subdivision

Building Details

  • Operating Expense $2,827
  • Gross Income $20,700
  • Net Operating Income $17,873

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,107

Year Built

1966

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Reso Property Sub Type: Triplex
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Thomas Subd
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Appliances Refrigerators: Yes
  • Cooling:Electric: Yes
  • Roof:Shingle: Yes
  • Gross Scheduled Income: 20700.0
  • Income And Expenses Operating Expense: 2827.0
  • Owner Pays:Sewer2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1966

Interior Features

  • Flooring: Carpet, Tile
  • Appliances: Electric Range, Refrigerator
  • ResoLivingAreaSource: PublicRecords
  • Appliances:Electric Range: Yes

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Acres: 0.25
  • Waterfront: No
  • Construction Type: Block, Concrete
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes

Garage/Parking

  • Total Parking Spaces: 6.0
  • General Property Information:Garage YN: No
  • General Property Information:Parking Total: 6.0

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Cable Available, Electricity Connected, Sewer Connected, Water Available
  • Cooling Y N: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Lot Dimensions: 98.0 ft x 113.0 ft
  • Lot Size Sq Ft: 10890.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2317632
  • Parcel #: 23-36-31-Bj-00000.0-0011.01
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Grounds Care, Other Tax, Sewer, Taxes, Water

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 2107.31

Multi Family

  • Annual Operating Expense: 2827.0
  • Income And Expenses Net Operating Income: 17873.0

MLS Schools

  • Elementary School: Fairglen

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2013
Closed on
Feb 21, 2014
Sold by
Hofline Charles
Bought by
Canaveral Groves Triplex Land Trust 3292
Seller's Agent
Norman Boucher
Vincent Keenan, REALTORS
Buyer's Agent
Vincent Keenan
Vincent Keenan, REALTORS
List Price
$134,500
Sold Price
$130,000
Premium/Discount to List
-$4,500
-3.35%
Total Days on Market
53
Current Estimated Value
$444,749

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$314,749
Avg. Annual Appreciation
10.64%

Purchase Details

Closed on
Sep 5, 2013
Sold by
Mcgill David L
Bought by
Boucher Marie A and Boucher Norman

Purchase Details

Listed on
Nov 24, 2010
Closed on
Mar 23, 2012
Sold by
Boucher Marie A and Boucher Norman
Bought by
Mcgill David L
Seller's Agent
Norman Boucher
Vincent Keenan, REALTORS
Buyer's Agent
Norman Boucher
Vincent Keenan, REALTORS
List Price
$189,000
Sold Price
$160,000
Premium/Discount to List
-$29,000
-15.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.31%
Original Mortgage
$100,000
Interest Rate
6%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 13, 2010
Sold by
Boucher Norman G and Boucher Marie A
Bought by
Boucher Marie A and Boucher Norman G
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
Canaveral Groves Triplex Land Trust 3292 -- Fidelity Natl Title Fl Inc
Boucher Marie A -- None Available
Mcgill David L $160,000 Island Title & Escrow Agency
Boucher Marie A -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcgill David L $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2014 03/06/14 Sold $130,000 -3.3% $55 / Sq Ft
12/18/2013 12/18/13 Pending -- -- --
10/25/2013 10/25/13 For Sale $134,500 -15.9% $57 / Sq Ft
03/23/2012 03/23/12 Sold $160,000 -15.3% $63 / Sq Ft
02/22/2012 02/22/12 Pending -- -- --
11/24/2010 11/24/10 For Sale $189,000 -- $75 / 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
2023 $3,809 $201,600 $0 $0
2022 $3,519 $193,790 $0 $0
2021 $3,257 $147,310 $28,350 $118,960
2020 $3,159 $144,480 $28,350 $116,130
2019 $3,016 $141,650 $28,350 $113,300
2018 $2,968 $135,000 $0 $135,000
2017 $2,989 $132,000 $0 $132,000
2016 $2,871 $120,000 $0 $0
2015 $2,837 $114,000 $27,000 $87,000
2014 $2,546 $95,000 $21,600 $73,400
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 681047

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 23-36-31-BJ-00000.0-0011.01