NOT LISTED FOR SALE

Estimated Value: $389,000 - $648,000

2 Beds
2 Baths
3,360 Sq Ft
$153/Sq Ft Est. Value

Last Sold February 28, 2017

Last sale price $345,000 $103 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $3,242/month

98 Days on Market

Highlights

  • 0.44 Acre Lot
  • Cul-De-Sac
  • 1-Story Property
  • No HOA
  • Terrazzo Flooring
  • 4-minute walk to Osteen Park

About This Home

As of February 2017

This is a must see. 4 - 2 bedroom, 1 bathroom units all occupied with tenants that are willing to stay. Fantastic location on a cul de sac these income producing units are ready for new owners. Each unit has its own carport, refrigerator, stove/oven and central AC. New roofs were installed early 2008. All electrical panels being updated to new.

Last Agent to Sell the Property

Jonathan Williams

Florida Lifestyle Realty LLC License #3061722 Listed on: 11/22/2016

Last Buyer's Agent

Tami Leliuga Shriver

Mutter Realty License #686160

Mutter Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,233

Year Built

  • Built in 1963

Lot Details

  • 0.44 Acre Lot
  • Cul-De-Sac

Parking

  • 4 Carport Spaces

Home Design

  • Quadruplex
  • Shingle Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 3,360 Sq Ft Home
  • 1-Story Property
  • Terrazzo Flooring

Schools

  • Tropical Elementary School
  • Jefferson Middle School
  • Merritt Island High School

Utilities

  • Central Air
  • Cable TV Available

Listing and Financial Details

  • The owner pays for grounds care, sewer, taxes, water
  • Assessor Parcel Number 24-36-35-51-0000c.0-0018.00

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Hamilton Park Subdivision

Building Details

  • Operating Expense $13,500
  • Gross Income $38,400
  • Net Operating Income $25,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,233

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1963
  • Reso Property Sub Type: Quadruplex
  • ResoLotFeatures: Cul-De-Sac
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Hamilton Park
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: One
  • Location Tax and Legal Parcel Number2: 24-36-35-51-0000c.0-0018.00
  • Location Tax and Legal Elementary School: Tropical
  • Location Tax and Legal Middle School2: Jefferson
  • Location Tax and Legal High School: Merritt Island
  • Location Tax and Legal Tax Annual Amount: 4233.41
  • Location Tax and Legal Tax Year2: 2016
  • General Property Information Living Area2: 3360.0
  • General Property Information Building Area Total3: 3744.0
  • General Property Information Lot Size Acres: 0.44
  • General Property Information Lot Size Square Feet2: 19166.0
  • General Property Information Carport Spaces2: 4.0
  • General Property Information Waterfront YN: No
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Levels One: Yes
  • Roof:Shingle: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Flooring Terrazzo: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: Yes
  • Utilities Water Available: Yes
  • General Property Information Lot Size Dimensions: 155.0 ft x 125.0 ft
  • General Property Information Number Of Units Total2: 4.0
  • Gross Scheduled Income: 38400.0
  • Income And Expenses Operating Expense: 13500.0
  • Utilities Sewer Connected: Yes
  • Owner Pays:Sewer2: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Terrazzo
  • Appliances: Refrigerator
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Acres: 0.44
  • Waterfront: No
  • Construction Type: Block, Concrete
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Lot Features:Cul-De-Sac: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Carport
  • General Property Information:Garage YN: No
  • Parking Features:Carport: Yes

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

Schools

  • Middle Or Junior School: Jefferson

Lot Info

  • Lot Dimensions: 155.0 ft x 125.0 ft
  • Lot Size Sq Ft: 19166.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2427244
  • Parcel #: 24-36-35-51-0000c.0-0018.00
  • ResoLotSizeUnits: Acres

Rental Info

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

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 4233.41

Multi Family

  • Number Of Units Total: 4
  • Annual Operating Expense: 13500.0
  • Income And Expenses Net Operating Income: 25000.0

MLS Schools

  • Elementary School: Tropical
  • High School: Merritt Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 6, 2012
Sold by
Barnhart William Lee and Barnhart Sara N
Bought by
Barnhart William Lee and Barnhart Sara N
Current Estimated Value
$512,961

Purchase Details

Closed on
Jul 28, 1999
Sold by
Lawrence Sue Nisbet
Bought by
Barnhart Sara N

Purchase Details

Closed on
Mar 22, 1996
Sold by
Barnhart William Lee and Barnhart Sara Nisbet
Bought by
Barnhart Sara N
Source: Public Records

Range of Values:

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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
Barnhart William Lee -- Attorney
Barnhart William Lee -- Attorney
Barnhart Sara N -- --
Barnhart Sara N -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2017 02/28/17 Sold $345,000 -1.4% $103 / Sq Ft
02/08/2017 02/08/17 Pending -- -- --
11/01/2016 11/01/16 For Sale $350,000 -- $104 / 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 $6,612 $388,800 -- --
2024 $6,691 $388,800 -- --
2023 $6,691 $388,800 $120,000 $268,800
2022 $6,236 $374,400 $0 $0
2021 $6,134 $332,260 $100,000 $232,260
2020 $5,753 $307,640 $100,000 $207,640
2019 $5,275 $279,680 $84,000 $195,680
2018 $5,300 $275,000 $0 $275,000
2017 $4,470 $210,000 $0 $210,000
2016 $4,410 $198,000 $0 $0
2015 $4,383 $189,000 $80,000 $109,000
2014 $4,234 $175,450 $80,000 $95,450
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 767785

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 24-36-35-51-0000C.0-0018.00