NOT LISTED FOR SALE

472 Magnolia Ave Melbourne, FL 32935

-- Bed
-- Bath
1,054 Sq Ft
0.58 Acres

Last Sold August 18, 2022

Last sale price $300,000 $285 Per Sq Ft

28 Days on Market

Highlights

  • 0.58 Acre Lot
  • Wood Flooring
  • Cooling System Mounted To A Wall/Window
  • Melbourne Senior High School Rated A-
  • No HOA

About This Home

As of August 2022

Nice multi unit home on over half an acre with three separate living quarters all currently rented. The upstairs unit is a 2 Bedroom 1 bath residence with beautiful wood floors, wood burning fireplace, custom built-in bookcase, large kitchen and great patio with beautiful wooded view (lease expires July 31st). Second unit has 1 bedroom and 1 bathroom with large family/dining area and tile throughout with side patio (lease expires Dec 31st). Third unit is an efficiency tiled throughout with front patio, kitchen, bathroom and plenty of room for sitting area and a bed (lease expires Dec 31st). All three units share laundry facilities.

Last Agent to Sell the Property

Paula Zima

RE/MAX Elite License #3081683 Listed on: 07/01/2022

RE/MAX Elite

Last Buyer's Agent

Amanda Gonnella

RE/MAX Alternative Realty License #3319839

RE/MAX Alternative Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,479

Year Built

  • Built in 1951

Lot Details

  • 0.58 Acre Lot
  • Irregular Lot

Parking

  • 3 Parking Spaces

Home Design

  • 1,054 Sq Ft Home
  • Triplex
  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Kitchen

  • Electric Range

Flooring

  • Wood
  • Tile

Laundry

  • Dryer
  • Washer

Schools

  • Harbor City Elementary School
  • Hoover Middle School
  • Melbourne High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Air
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • The owner pays for exterior maintenance, grounds care, insurance, repairs, sewer, taxes, trash collection, water
  • Assessor Parcel Number 27-37-21-00-00527.0-0000.00

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Gross Income $23,640

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,479

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1951
  • Reso Property Sub Type: Triplex
  • ResoLotFeatures: Irregular Lot
  • Road Surface Type: Paved
  • ResoSpecialListingConditions: Standard
  • Carport Y N: No
  • Garage Yn: No
  • Location Tax and Legal Parcel Number2: 27-37-21-00-00527.0-0000.00
  • Location Tax and Legal Elementary School: Harbor City
  • Location Tax and Legal Middle School2: Hoover
  • Location Tax and Legal High School: Melbourne
  • Location Tax and Legal Tax Annual Amount: 2479.36
  • Location Tax and Legal Tax Year2: 2021
  • General Property Information Living Area2: 1054.0
  • General Property Information Building Area Total3: 2193.0
  • General Property Information Lot Size Acres: 0.58
  • General Property Information Lot Size Square Feet2: 25265.0
  • General Property Information Waterfront YN: No
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Flooring Tile: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Flooring Wood: Yes
  • Roof:Shingle: Yes
  • Utilities Cable Available: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • General Property Information Number Of Units Total2: 3.0
  • Gross Scheduled Income: 23640.0
  • Cooling WallWindow Unit(s): Yes
  • Owner Pays:Sewer2: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Tile, Wood
  • Appliances: Dryer, Electric Range, Refrigerator, Washer
  • Appliances:Electric Range: Yes

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Acres: 0.58
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Lot Features:Irregular Lot: Yes

Garage/Parking

  • Total Parking Spaces: 3.0
  • General Property Information:Garage YN: No
  • General Property Information:Parking Total: 3.0

Utilities

  • Cooling: Central Air, Electric, Wall/Window Unit(s)
  • Utilities: Cable Available, Water Available
  • 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: Hoover

Lot Info

  • Lot Size Sq Ft: 25265.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 27-37-21-00-00527.0-0000.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Exterior Maintenance, Grounds Care, Insurance, Repairs, Sewer, Taxes, Trash Collection, Water

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2479.36

Multi Family

  • Number Of Units Total: 3

MLS Schools

  • Elementary School: Harbor City
  • High School: Melbourne

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/18/2022 08/18/22 Sold $300,000 -13.0% $285 / Sq Ft
07/30/2022 07/30/22 Pending -- -- --
07/01/2022 07/01/22 For Sale $345,000 -- $327 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 939437

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-37-21-00-00527.0-0000.00