NOT LISTED FOR SALE

520 S Grannis Ave Titusville, FL 32796

Estimated Value: $158,000 - $244,000

1 Bed
1 Bath
1,100 Sq Ft
$174/Sq Ft Est. Value

Last Sold November 03, 2020

Last sale price $56,000 $51 Per Sq Ft

Est. 239% increase in value since last sale

Current estimated payment $1,187/month

6 Days on Market

Highlights

  • Waterfront
  • Corner Lot
  • Cooling System Mounted To A Wall/Window
  • RV Access or Parking
  • No HOA
  • 1-Story Property

About This Home

As of November 2020

Duplex being used as a SFR House. This duplex had one wall removed to allow long term tenant more space. This is a easy conversion to put wall back and return the property back into a duplex. Once the wall is back up, you're looking at a 2/1 on side and converting the other side to a 2/1 as well. Property does need some TLC, but once converted back into a duplex this property will be a great rental an should cash flow with 8-10% cap rate.

Last Agent to Sell the Property

Desmond Britton

Keller Williams Realty Brevard License #3254072 Listed on: 09/05/2020

Keller Williams Realty Brevard

Last Buyer's Agent

Sydney McNaughton

Blue Marlin Real Estate CB License #3390419

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,224

Year Built

  • Built in 1964

Lot Details

  • 5,227 Sq Ft Lot
  • Waterfront
  • Corner Lot

Home Design

  • Duplex
  • Frame Construction
  • Shingle Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 1,100 Sq Ft Home
  • 1-Story Property
  • Electric Range

Flooring

  • Carpet
  • Laminate
  • Vinyl

Parking

  • 2 Parking Spaces
  • Additional Parking
  • RV Access or Parking

Schools

  • Oak Park Elementary School
  • Madison Middle School
  • Astronaut High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Air
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 22-35-04-01-00060.0-0014.00

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Subd Of E 1/2 Of Ne 1/4 Subdivision

Building Details

  • Gross Income $13,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,224

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1964
  • Reso Property Sub Type: Duplex
  • ResoLotFeatures: Corner Lot
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Subd of E 1/2 of NE 1/4
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Location Tax and Legal Parcel Number2: 22-35-04-01-00060.0-0014.00
  • Location Tax and Legal Elementary School: Oak Park
  • Location Tax and Legal Middle School2: Madison
  • Location Tax and Legal High School: Astronaut
  • Location Tax and Legal Tax Annual Amount: 1224.42
  • Location Tax and Legal Tax Year2: 2020
  • General Property Information Living Area2: 1100.0
  • General Property Information Building Area Total3: 1438.0
  • General Property Information Lot Size Acres: 0.12
  • General Property Information Lot Size Square Feet2: 5227.0
  • General Property Information Waterfront YN: No
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Flooring Laminate: Yes
  • Levels One: Yes
  • Roof:Shingle: Yes
  • Flooring Carpet: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • Flooring Vinyl: Yes
  • General Property Information Number Of Units Total2: 2.0
  • General Property Information Water Frontage Feet: 1
  • Gross Scheduled Income: 13200.0
  • Cooling WallWindow Unit(s): Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Laminate, Vinyl
  • Appliances: Electric Range, Refrigerator
  • ResoLivingAreaSource: PublicRecords
  • Appliances:Electric Range: Yes

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Acres: 0.12
  • Waterfront: No
  • Construction Type: Frame, Vinyl Siding, Wood Siding
  • Construction Materials:Frame: Yes
  • Construction Materials:Wood Siding: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Lot Features:Corner Lot: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Additional Parking, RV Access/Parking
  • Total Parking Spaces: 2.0
  • General Property Information:Garage YN: No
  • Parking Features:Additional Parking: Yes
  • Parking Features:RV AccessParking: Yes
  • General Property Information:Parking Total: 2.0

Utilities

  • Cooling: Central Air, Wall/Window Unit(s)
  • Utilities: Water Available
  • Heating: Other
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: Madison

Lot Info

  • Lot Size Sq Ft: 5227.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 22-35-04-01-00060.0-0014.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Other

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 1224.42

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Oak Park
  • High School: Astronaut

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 10, 2022
Sold by
Edwards and Michael
Bought by
Emerson Shayne
Current Estimated Value
$189,738

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,449
Outstanding Balance
$178,725
Interest Rate
3.56%
Mortgage Type
FHA
Estimated Equity
$12,131

Purchase Details

Closed on
Apr 22, 2021
Sold by
Mcnaughton Sydney
Bought by
Edwards Michael Eugene and Edwards Anna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 5, 2020
Closed on
Nov 3, 2020
Sold by
Mclacklan Kenneth
Bought by
Mcnaughton Sydney
Seller's Agent
Desmond Britton
Keller Williams Realty Brevard
Buyer's Agent
Sydney McNaughton
Blue Marlin Real Estate CB
List Price
$89,000
Sold Price
$56,000
Premium/Discount to List
-$33,000
-37.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.06%

Purchase Details

Closed on
Oct 22, 2015
Sold by
County Of Brevard
Bought by
Mclacklan Kenneth

Purchase Details

Closed on
Dec 4, 2003
Sold by
Dlj Mortgage Capital Inc
Bought by
Smith Robert H and Lou Ann Smith S

Purchase Details

Closed on
Nov 28, 2001
Sold by
Souza Joseph A and Souza Joseph A
Bought by
Mohammed Shazad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Interest Rate
6.5%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Emerson Shayne $196,000 Public Title Services
Edwards Michael Eugene $150,000 Dockside Title Llc
Mcnaughton Sydney $56,000 Majesty Title Services
Mcnaughton Sydney $56,000 Majesty Title Services
Mclacklan Kenneth $11,800 None Available
Smith Robert H $21,000 --
Mohammed Shazad $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Emerson Shayne $192,449
Previous Owner Edwards Michael Eugene $112,500
Previous Owner Mohammed Shazad $36,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/03/2020 11/03/20 Sold $56,000 -37.1% $51 / Sq Ft
09/12/2020 09/12/20 Pending -- -- --
09/05/2020 09/05/20 For Sale $89,000 -- $81 / 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 $2,268 $156,580 -- --
2024 $2,149 $154,420 -- --
2023 $2,149 $144,900 $12,200 $132,700
2022 $2,460 $126,000 $0 $0
2021 $1,919 $89,810 $12,200 $77,610
2020 $1,224 $52,490 $12,200 $40,290
2019 $1,231 $50,300 $12,200 $38,100
2018 $1,215 $48,000 $0 $48,000
2017 $1,148 $44,000 $0 $44,000
2016 $997 $40,000 $0 $0
2015 $987 $38,000 $11,600 $26,400
2014 $945 $36,000 $11,600 $24,400
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 884671

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 22-35-04-01-00060.0-0014.00