NOT LISTED FOR SALE

Estimated Value: $378,092 - $423,000

3 Beds
2 Baths
1,971 Sq Ft
$203/Sq Ft Est. Value

Last Sold January 14, 2022

Last sale price $355,000 $180 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,638/month

24 Days on Market

Highlights

  • Outdoor Pool
  • 0.5 Acre Lot
  • Laundry Room
  • Sebastian Elementary School Rated 9+
  • Covered patio or porch
  • 4-minute walk to Sebastian Bark Park

About This Home

As of January 2022

Unique Propety! This updated duplex is a 2/2 on one side and a 1/1 one the other. The two units share the utility space in between which can house washer/dryer and extra storage. The fenced yard has a pool! The second lot is fully fenced and is available to build or just use the open space. This corner lot property is unlike any other. A must see!

Last Listed By

Robin Raiff

Douglas Elliman Florida LLC License #3062935 Listed on: 11/20/2021

Douglas Elliman Florida LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,316

Year Built

  • Built in 1984

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 178x125
  • Fenced

Home Design

  • Duplex
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1-Story Property
  • French Doors
  • Laundry Room

Flooring

  • Laminate
  • Tile

Outdoor Features

  • Outdoor Pool
  • Covered patio or porch

Utilities

  • Central Heating
  • Septic Tank

Listing and Financial Details

  • Tax Lot 20
  • Assessor Parcel Number 31381200005507000021.0

Community Details

Overview

  • Sebastian Highlands Subdivision

Building Details

  • 2 Separate Electric Meters
  • Insurance Expense $3,500
  • Maintenance Expense $3,500
  • Operating Expense $17,548
  • Gross Income $33,600
  • Net Operating Income $16,052

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,316

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.5
  • Lot Size: 178x125
  • Professional Management Expense: 1800.0
  • Subdivision Name: Sebastian Highlands
  • Directions: From US 1 to 512 west, south on S Wimbow, right on , left on keen.
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1984
  • Attribution Contact: 772-571-6114
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Possible Use: Residential
  • Door Features: French Doors
  • Fireplace: No
  • Flooring: Laminate, Tile
  • Interior Amenities: French Door(s)/Atrium Door(s)
  • Stories: 1

Exterior Features

  • Lot Features: 1/2 to 1 Acre Lot
  • Pool Features: Pool
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Frame
  • Exterior Features: Fence, Porch
  • Patio And Porch Features: Covered, Patio, Porch, Screened
  • Roof: Metal

Garage/Parking

  • Parking Features: None

Utilities

  • Laundry Features: Laundry Room
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Public
  • Annual Utilities Expense: 1800.0

Condo/Co-op/Association

  • Community Features: None
  • Association Name: N/A

Lot Info

  • Current Use: Residential
  • Parcel #: 31381200005507000021.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Multi Family

  • Annual Gross Income: 33600.0
  • Insurance Expense: 3500.0
  • Maintenance Expense: 3500.0
  • Property Net Operating Income: 16052.0
  • Annual Operating Expense: 17548.0
  • Number Of Separate Electric Meters: 2

Tax Info

  • Tax Annual Amount: 3316.0
  • Tax Lot: 20
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 14, 2020
Sold by
Whalen Paul F and Whalen Kelley A
Bought by
Swift Home Buyers Of Florida Llc
Total Days on Market
24
Current Estimated Value
$401,023

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 28, 2017
Closed on
Jun 19, 2017
Sold by
Reynolds Michelle A
Bought by
Whalen Paul F and Whalen Kelley A
Buyer's Agent
Linda Middleton
Dale Sorensen Real Estate Inc.
List Price
$199,900
Sold Price
$192,500
Premium/Discount to List
-$7,400
-3.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.67%

Purchase Details

Closed on
Dec 30, 2013
Sold by
Molter William H
Bought by
William H Molter Revocable Trust

Range of Values:

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Average Value
Not Available
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
Swift Home Buyers Of Florida Llc $198,000 Kpc Title Agency Llc
Whalen Paul F $192,500 Supreme Title Solutions Llc
William H Molter Revocable Trust -- Attorney
William H Molter Revocable Trust -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Logan Sophia $284,000
Closed Swift Home Buyers Of Florida Llc $203,000
Previous Owner Molter Nada $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/14/2022 01/14/22 Sold $355,000 -2.7% $180 / Sq Ft
12/15/2021 12/15/21 Pending -- -- --
11/20/2021 11/20/21 For Sale $365,000 +89.6% $185 / Sq Ft
06/19/2017 06/19/17 Sold $192,500 -3.7% $98 / Sq Ft
05/20/2017 05/20/17 Pending -- -- --
03/28/2017 03/28/17 For Sale $199,900 -- $101 / Sq Ft
Source: REALTORS® Association of Indian River County

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
2024 $4,722 $299,743 $92,024 $207,719
2023 $4,722 $276,905 $78,220 $198,685
2022 $4,069 $254,387 $78,220 $176,167
2021 $3,711 $209,862 $78,220 $131,642
2020 $3,316 $182,340 $38,650 $143,690
2019 $3,408 $187,084 $50,612 $136,472
2018 $3,167 $166,556 $32,208 $134,348
2017 $2,837 $147,292 $0 $0
2016 $1,440 $108,420 $0 $0
2015 $1,484 $107,670 $0 $0
2014 $1,434 $106,820 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Indian River County

MLS Number: 248203

APN: 31-38-12-00005-5070-00021.0