$70,000
SOLD MAY 30, 2017

356 Palm Ave Cocoa, FL 32922

Cocoa West Neighborhood
-- Bed
-- Bath
1,080 Sq Ft
0.35 Acres

Recently Sold

$65 Per Sq Ft

12% Below List Price

49 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • 1-Story Property
  • Cooling System Mounted To A Wall/Window

About This Home

As of May 2017

Nice duplex on huge lot. Both sides rented at $500 per month. Both Tenants on month to month lease but willing to stay. 356 has updated kitchen and bath. carport, newer window a/c. 358 has some upgrades, features large screen porch in place of carport. Partially fenced yard, shared laundry room, city water and septic system.

Last Agent to Sell the Property

Chris DeMarco

Demarco Properties License #3009042

Last Buyer's Agent

Denise Clark

One Sotheby's Inter Realty License #3364539

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,633

Year Built

  • Built in 1957

Lot Details

  • 0.35 Acre Lot

Home Design

  • Duplex
  • Shingle Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 1,080 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Electric Range

Parking

  • 6 Open Parking Spaces
  • 2 Parking Spaces
  • 2 Carport Spaces

Schools

  • Endeavour Elementary School
  • Cocoa Middle School
  • Cocoa High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Separate Meters
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • The owner pays for insurance, repairs, sewer, taxes, water
  • Assessor Parcel Number 24-36-29-53-0000c.0-0033.00

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Pine Breeze Acres Subd Subdivision

Building Details

  • Operating Expense $3,000
  • Gross Income $12,000
  • Net Operating Income $9,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,633

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1957
  • Reso Property Sub Type: Duplex
  • Road Surface Type: Paved
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Pine Breeze Acres Subd
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: One
  • Appliances Refrigerators: Yes
  • Cooling:Electric: Yes
  • Roof:Shingle: Yes
  • Gross Scheduled Income: 12000.0
  • Income And Expenses Operating Expense: 3000.0
  • Owner Pays:Sewer2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Acres: 0.35
  • Waterfront: No
  • Construction Type: Block, Concrete
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Carport
  • Total Parking Spaces: 2.0
  • General Property Information:Garage YN: No
  • Parking Features:Carport: Yes
  • General Property Information:Parking Total: 2.0
  • General Property Information:Open Parking Spaces2: 6.0

Utilities

  • Cooling: Electric, Wall/Window Unit(s)
  • Utilities: Cable Available, Electricity Connected, Water Available, Separate Electric Meters
  • Cooling Y N: Yes
  • Water Source: Public
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: Cocoa

Lot Info

  • Lot Size Sq Ft: 15246.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2422205
  • Parcel #: 24-36-29-53-0000c.0-0033.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Insurance, Repairs, Sewer, Taxes, Water

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 1632.51

Multi Family

  • Number Of Units Total: 2
  • Annual Operating Expense: 3000.0
  • Income And Expenses Net Operating Income: 9000.0

MLS Schools

  • Elementary School: Endeavour
  • High School: Cocoa

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2017
Closed on
May 30, 2017
Sold by
Sai Property Investments Inc
Bought by
Clark Denise M
Seller's Agent
Chris DeMarco
Demarco Properties
Buyer's Agent
Denise Clark
One Sotheby's Inter Realty
List Price
$79,900
Sold Price
$70,000
Premium/Discount to List
-$9,900
-12.39%
Total Days on Market
49
Current Estimated Value
$212,299

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,299
Avg. Annual Appreciation
14.94%

Purchase Details

Closed on
Aug 28, 2012
Sold by
Gandhi Nevil M
Bought by
Sai Property Investments Inc

Purchase Details

Closed on
Apr 11, 2011
Sold by
Federal National Mortgage Association
Bought by
Gandhi Nevil

Purchase Details

Closed on
Feb 9, 2011
Sold by
Suntrust Mortgage Inc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 14, 2010
Sold by
Allen Deborah Mae
Bought by
Suntrust Mortgage Inc

Purchase Details

Closed on
Apr 17, 2007
Sold by
Lackey Dale T and Lackey Barbara
Bought by
Allen Deborah Mae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,950
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 28, 2003
Sold by
Dixon Ronald C and Dixon Lois D
Bought by
Lackey Dale T and Lackey Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 9, 1999
Sold by
Dixon Ronald C and Dixon Lois D
Bought by
Dixon Ronald C

Purchase Details

Closed on
Dec 1, 1998
Sold by
Ballard Kay F
Bought by
Dixon Ronald C and Dixon Lois D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
6.77%
Mortgage Type
Purchase Money Mortgage

Map

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 Type Sale Price Title Company
Warranty Deed $70,000 Titleteam
Warranty Deed -- None Available
Special Warranty Deed $21,000 Attorney
Quit Claim Deed -- Attorney
Warranty Deed -- None Available
Warranty Deed $135,000 Fidelity Natl Title Ins Co
Warranty Deed $65,000 Island Title & Escrow Corp
Warranty Deed -- --
Warranty Deed $35,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $130,950 Purchase Money Mortgage
Previous Owner $52,000 Purchase Money Mortgage
Previous Owner $20,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2023 10/13/23 Rented $1,000 0.0% --
10/11/2023 10/11/23 Under Contract -- -- --
10/09/2023 10/09/23 For Rent $1,000 0.0% --
05/30/2017 05/30/17 Sold $70,000 -12.4% $65 / Sq Ft
05/03/2017 05/03/17 Pending -- -- --
03/14/2017 03/14/17 For Sale $79,900 -- $74 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

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 $2,335 $117,600 $0 $0
2022 $2,072 $96,600 $0 $0
2021 $1,930 $73,140 $10,500 $62,640
2020 $1,779 $67,740 $10,500 $57,240
2019 $1,625 $62,720 $10,500 $52,220
2018 $1,601 $60,000 $0 $60,000
2017 $1,676 $64,000 $0 $64,000
2016 $1,633 $59,000 $0 $0
2015 $1,609 $56,000 $10,000 $46,000
2014 $1,541 $51,000 $10,000 $41,000
Source: Public Records

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

MLS Number: 778202

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 24-36-29-53-0000C.0-0033.00

Florida Brevard County Cocoa 32922 Cocoa West

356 Palm Ave, Cocoa, FL

Homes for Sale in Cocoa, FL

This home is located at 356 Palm Ave, Cocoa, FL 32922 and is currently priced at $70,000, approximately $64 per square foot. This property was built in 1957. 356 Palm Ave is a home located in Brevard County with nearby schools including Endeavour Elementary Magnet, Cocoa High School, and Emma Jewel Charter Academy.

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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