NOT LISTED FOR SALE

4303 Rayburn Rd Cocoa, FL 32926

Estimated Value: $605,000 - $751,678

3 Beds
2.5 Baths
3,276 Sq Ft
$206/Sq Ft Est. Value

Last Sold March 27, 2015

Last sale price $375,000 $114 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $4,043/month

302 Days on Market

Highlights

  • Home fronts a pond
  • Lake View
  • Farm
  • RV Access or Parking
  • Open Floorplan
  • Wood Flooring

About This Home

As of March 2015

MULTIPLE USE OPPORTUNITY! This property has been rezoned as city of Cocoa land with potential to build up to 26 single family homes. A copy of the preliminary subdivision plan is in the documents folder. Or retain it in its current footprint for a very private 10 acre gated compound. 3 bedroom 2 ½ bath home of masonry construction, 3276 sq. ft. living space. Split bedroom plan with two master suites, den, formal living room & large family room. Recent roof, water heater & A/C systems. Could use some upgrades & paint, but several potential uses once fully updated. Large out building, detached carport & R/V pad. Beautiful grounds, shade trees & ponds Parcel includes Tax ID# 2442714 with home on 4.91 acres, also includes Tax ID#2407071, 4.91 acres adjacent vacant cleared land

Last Agent to Sell the Property

Jerry Doolittle

Trafford Realty Co. License #3201776 Listed on: 05/01/2014

Last Buyer's Agent

Matthew Hausmann

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,643

Year Built

  • Built in 1940

Lot Details

  • 9.82 Acre Lot
  • Home fronts a pond
  • East Facing Home
  • Front and Back Yard Sprinklers
  • Few Trees

Property Views

  • Lake
  • Pond

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,276 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Wood Burning Fireplace
  • Free Standing Fireplace
  • Great Room
  • Family Room
  • Living Room
  • Home Office
  • Library
  • Security Gate
  • Laundry Room

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Bathtub and Shower Combination in Primary Bathroom

Parking

  • Detached Garage
  • 3 Carport Spaces
  • RV Access or Parking

Outdoor Features

  • Patio
  • Separate Outdoor Workshop
  • Porch

Schools

  • Saturn Elementary School
  • Cocoa Middle School
  • Cocoa High School

Farming

  • Farm
  • Agricultural
  • Drainage Canal

Utilities

  • Central Air
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • W 139.83Ft Of E 380.80Ft Of N Subdivision

Listing and Financial Details

  • Assessor Parcel Number 24-35-23-00-00028.0-0000.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,643

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1940
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Agricultural, Drainage Canal, Farm, Few Trees, Sprinklers In Front, Sprinklers In Rear
  • Reso View: Lake, Pond
  • ResoSecurityFeatures: Security Gate
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: W 139.83ft of E 380.80ft of N
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Reso Other Structures: Workshop
  • Location Tax and Legal Parcel Number2: 24-35-23-00-00028.0-0000.00
  • Location Tax and Legal Elementary School: Saturn
  • Location Tax and Legal Middle School2: Cocoa
  • Location Tax and Legal High School: Cocoa
  • Location Tax and Legal Tax Annual Amount: 3643.38
  • Location Tax and Legal Tax Year2: 2013
  • General Property Information Living Area2: 3276.0
  • General Property Information Lot Size Acres: 9.82
  • General Property Information Lot Size Square Feet2: 213879.0
  • General Property Information New Construction YN: No
  • General Property Information Carport Spaces2: 3.0
  • General Property Information Waterfront YN: No
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: East
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Flooring Wood: Yes
  • Levels One: Yes
  • Roof:Shingle: Yes
  • Security Features Security Gate: Yes
  • Utilities Electricity Connected: Yes
  • ViewPond: Yes
  • Flooring Carpet: Yes
  • General Property Information Carport YN2: Yes
  • Utilities Water Available: Yes
  • Room Types Great Room: Yes
  • Other Structures Workshop: Yes
  • Room Types Family Room: Yes
  • Room Types Laundry: Yes
  • Room Types Library: Yes
  • Room Types Living Room: Yes
  • Room Types Office: Yes
  • Flooring Vinyl: Yes
  • Lot Features Drainage Canal: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Ceiling Fan(s), Open Floorplan, Pantry, Primary Bathroom - Tub with Shower, Split Bedrooms, Walk-In Closet(s)
  • Flooring: Carpet, Tile, Vinyl, Wood
  • Appliances: Dishwasher, Disposal, Electric Range, Electric Water Heater, Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Free Standing, Wood Burning, Other
  • Total Bedrooms: 8
  • General Property Information Bathrooms Half: 1
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Fireplace Features:Wood Burning: Yes
  • Fireplace Features:Free Standing: Yes

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Acres: 9.82
  • Waterfront Features: Pond
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: East
  • Patio And Porch Features: Patio, Porch
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • View:Lake: Yes
  • Waterfront Features:Pond2: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Lot Features:Sprinklers In Rear: Yes
  • Lot Features:Few Trees: Yes
  • Lot Features:Agricultural: Yes
  • Lot Features:Farm: Yes
  • Construction Materials:Brick2: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Carport, Detached, RV Access/Parking
  • General Property Information:Garage YN: No
  • Parking Features:Carport: Yes
  • Parking Features:RV AccessParking: Yes
  • Parking Features:Detached: Yes

Utilities

  • Cooling: Central Air
  • Utilities: Electricity Connected, Water Available
  • Cooling Y N: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: Cocoa

Lot Info

  • Current Use: Horses
  • Lot Size Sq Ft: 213879.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2442714
  • Parcel #: 24-35-23-00-00028.0-0000.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 3643.38

MLS Schools

  • Elementary School: Saturn
  • High School: Cocoa

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 22, 2016
Sold by
Palermo Michelle
Bought by
Palermo Michelle N and The Michelle M Palermo Trust
Current Estimated Value
$673,920

Purchase Details

Closed on
Sep 1, 2016
Bought by
Michelle M Palermo Trust

Purchase Details

Listed on
May 1, 2014
Closed on
Mar 27, 2015
Sold by
Mcfarlane John T and Mcfarlane Md John T
Bought by
Palermo Michelle
Seller's Agent
Jerry Doolittle
Trafford Realty Co.
Buyer's Agent
Matthew Hausmann
Coldwell Banker Realty
List Price
$499,500
Sold Price
$375,000
Premium/Discount to List
-$124,500
-24.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.74%
Original Mortgage
$190,000
Interest Rate
2.5%

Purchase Details

Closed on
Dec 20, 1994
Sold by
Henley Sandra Link and Purvis Peggy Link
Bought by
Mcfarlane John T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,004
Interest Rate
9.17%
Source: Public Records

Range of Values:

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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
Palermo Michelle N -- None Available
Michelle M Palermo Trust $100 --
Palermo Michelle $375,000 Island Title & Escrow Agency
Mcfarlane John T $101,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Palermo Michelle $190,000
Previous Owner Mcfarlane John T $96,004
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2015 03/27/15 Sold $375,000 -24.9% $114 / Sq Ft
02/26/2015 02/26/15 Pending -- -- --
04/30/2014 04/30/14 For Sale $499,500 -- $152 / 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 $5,804 $459,500 -- --
2024 $5,682 $256,140 -- --
2023 $5,682 $249,640 $0 $0
2022 $4,433 $243,630 $0 $0
2021 $4,334 $236,660 $0 $0
2020 $4,190 $234,360 $0 $0
2019 $5,707 $339,300 $0 $0
2018 $5,520 $332,980 $0 $0
2017 $5,551 $326,140 $0 $0
2016 $5,594 $319,440 $132,580 $186,860
2015 $3,821 $181,630 $78,560 $103,070
2014 $3,703 $176,650 $78,560 $98,090
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 695672

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 24-35-23-00-00028.0-0000.00