NOT LISTED FOR SALE

5050 Timber Lane Dr Cocoa, FL 32926

Estimated Value: $453,000 - $584,000

3 Beds
2 Baths
1,819 Sq Ft
$297/Sq Ft Est. Value

Last Sold October 05, 2023

Last sale price $570,000 $313 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $3,364/month

52 Days on Market

Highlights

  • No HOA
  • Separate Outdoor Workshop
  • Cul-De-Sac
  • Screened Porch
  • 5 Car Detached Garage
  • Walk-In Closet

About This Home

As of October 2023

Come and discover this beautiful country estate! Nestled on a generous acre of land within an established and picturesque neighborhood, this home offers abundant opportunities for outdoor recreation and gardening. Unwind on the screened back porch while basking in the breathtaking Florida sunsets. The sizable detached garage serves as an excellent workshop for cars, projects, and more, and when combined with the shed, it provides ample storage space. As you step inside, you'll be greeted by the exquisite Cyprus wood ceilings and elegant wood trim that infuse the entire house with a cozy ambiance. The open design of the kitchen and main living room is ideal for hosting family gatherings and cozying up by the fireplace. The roof was recently replaced in 2019, and new solar in 2022

Last Listed By

Scott Fussell

Denovo Realty License #3522953 Listed on: 08/16/2023

Denovo Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,871

Year Built

  • Built in 1987

Lot Details

  • 1 Acre Lot
  • Cul-De-Sac
  • Street terminates at a dead end
  • South Facing Home

Parking

  • 5 Car Detached Garage

Home Design

  • Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,819 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Screened Porch

Kitchen

  • Convection Oven
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Patio
  • Separate Outdoor Workshop
  • Shed

Schools

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

Utilities

  • Central Heating and Cooling System
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Timber Lane Subdivision

Listing and Financial Details

  • Assessor Parcel Number 24-35-22-02-00000.0-0012.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,871

Year Built

Built in 1987

Lot Details

0

Parking

5

Listing Details

  • Property Type: Residential
  • Year Built: 1987
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Cul-De-Sac, Dead End Street
  • Co List Office Mls Id: obkma
  • Co List Office Phone: 321-877-2902
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Timber Lane
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Reso Other Structures: Shed(s), Workshop
  • Appliances Microwave: Yes
  • Roof:Shingle: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Kitchen Island, Split Bedrooms, Walk-In Closet(s)
  • Flooring: Carpet, Tile
  • Appliances: Convection Oven, Dishwasher, Microwave
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning, Other
  • ResoLivingAreaSource: PublicRecords
  • Appliances:Convection Oven: Yes
  • Appliances Dishwasher: Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Fireplace Features:Wood Burning: Yes

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Acres: 1.0
  • Waterfront: No
  • Construction Type: Frame, Wood Siding
  • Direction Faces: South
  • Patio And Porch Features: Patio, Porch, Screened
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Lot Features:Cul-De-Sac: Yes
  • Construction Materials:Frame: Yes
  • Construction Materials:Wood Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 5.0
  • Parking Features: Detached
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 5.0
  • Parking Features:Detached: Yes

Utilities

  • Cooling: Central Air
  • Utilities: Cable Available, Electricity Connected
  • Heating: Central
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: 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

  • Lot Size Sq Ft: 43560.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2407058
  • Parcel #: 24-35-22-02-00000.0-0012.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3870.99

MLS Schools

  • Elementary School: Saturn
  • High School: Cocoa

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2023
Closed on
Oct 5, 2023
Sold by
Hammers Jason and Hammers Todd
Bought by
Foster Samuel L and Foster Sharon B
Seller's Agent
Scott Fussell
Denovo Realty
Buyer's Agent
Scott Fussell
Blue Marlin Real Estate
List Price
$585,000
Sold Price
$570,000
Premium/Discount to List
-$15,000
-2.56%
Total Days on Market
52
Views
31
Current Estimated Value
$539,467

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$30,533
Avg. Annual Appreciation
-4.49%
Original Mortgage
$120,000
Outstanding Balance
$118,618
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$411,468

Purchase Details

Closed on
Dec 17, 2021
Sold by
Todd Hammers
Bought by
Young William L and Young Patricia A

Purchase Details

Closed on
Nov 15, 2021
Sold by
Estes Gary W and The Robert J Estes Trust
Bought by
Estes Theresa M and Estes Dennis J

Purchase Details

Closed on
Oct 20, 2009
Sold by
Young William L and Young Patricia A
Bought by
Young William L and Young Patricia A

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 Buyer Sale Price Title Company
Foster Samuel L $575,000 Dockside Title
Young William L -- Attorneys At Law
Estes Theresa M -- Accommodation
Young William L -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Foster Samuel L $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2023 10/05/23 Sold $570,000 -2.6% $313 / Sq Ft
08/26/2023 08/26/23 Pending -- -- --
08/16/2023 08/16/23 For Sale $585,000 0.0% $322 / Sq Ft
08/10/2023 08/10/23 Pending -- -- --
07/05/2023 07/05/23 For Sale $585,000 -- $322 / 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
2023 $4,474 $312,120 $80,000 $232,120
2022 $3,871 $263,210 $0 $0
2021 $1,824 $129,670 $0 $0
2020 $1,752 $127,880 $0 $0
2019 $1,692 $125,010 $0 $0
2018 $1,687 $122,680 $0 $0
2017 $1,688 $120,160 $0 $0
2016 $1,702 $117,690 $35,000 $82,690
2015 $1,720 $116,880 $35,000 $81,880
2014 $1,721 $115,960 $32,000 $83,960
Source: Public Records

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

MLS Number: 969132

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 24-35-22-02-00000.0-0012.00