NOT LISTED FOR SALE

520 Sheridan Ave Satellite Beach, FL 32937

Estimated Value: $481,000 - $561,000

-- Bed
2 Baths
2,026 Sq Ft
$264/Sq Ft Est. Value

Last Sold May 10, 2019

Last sale price $305,000 $151 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $3,426/month

121 Days on Market

Highlights

  • Waterfront
  • No HOA
  • Tile Flooring
  • Spessard L. Holland Elementary School Rated A-
  • 1 Car Attached Garage
  • 1-Story Property

About This Home

As of May 2019

Investment Property just steps to the Beach! Lovely Duplex, each unit has a living/dining combo, 2 Bed, 1 bath, garage and patio. Both units have been well maintained and are leased for $1100 a month.

Last Agent to Sell the Property

Anita Iannuzzi

RE/MAX Aerospace Realty License #3163666 Listed on: 11/14/2018

RE/MAX Aerospace Realty

Last Buyer's Agent

Ron Gould

Pastermack Real Estate

Pastermack Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,139

Year Built

  • Built in 1973

Lot Details

  • 9,583 Sq Ft Lot
  • Waterfront

Parking

  • 1 Car Attached Garage

Home Design

  • Duplex
  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,026 Sq Ft Home
  • 1-Story Property
  • Electric Range

Flooring

  • Laminate
  • Tile

Schools

  • Holland Elementary School
  • Delaura Middle School
  • Satellite High School

Utilities

  • Central Air

Listing and Financial Details

  • The owner pays for sewer, water
  • Assessor Parcel Number 26-37-35-02-00017.0-0015.00

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $3,930
  • Gross Income $24,600
  • Net Operating Income $20,670

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,139

Year Built

Built in 1973

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Year Built: 1973
  • Reso Property Sub Type: Duplex
  • Road Surface Type: Paved
  • ResoSpecialListingConditions: Standard
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Location Tax and Legal Parcel Number2: 26-37-35-02-00017.0-0015.00
  • Location Tax and Legal Elementary School: Holland
  • Location Tax and Legal Middle School2: DeLaura
  • Location Tax and Legal High School: Satellite
  • Location Tax and Legal Tax Year2: 2018
  • General Property Information Living Area2: 2026.0
  • General Property Information Building Area Total3: 2624.0
  • General Property Information Lot Size Acres: 0.22
  • General Property Information Lot Size Square Feet2: 9583.0
  • General Property Information Waterfront YN: No
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Flooring Laminate: Yes
  • Flooring Tile: Yes
  • Levels One: Yes
  • Roof:Shingle: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • General Property Information Number Of Units Total2: 2.0
  • General Property Information Water Frontage Feet: 2
  • Gross Scheduled Income: 24600.0
  • Income And Expenses Operating Expense: 3930.0
  • Utilities Sewer Connected: Yes
  • Owner Pays:Sewer2: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Acres: 0.22
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached
  • Total Parking Spaces: 2.0
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Attached: Yes
  • General Property Information:Parking Total: 2.0

Utilities

  • Cooling: Central Air, Electric
  • Utilities: 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: DeLaura

Lot Info

  • Lot Size Sq Ft: 9583.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2613206
  • Parcel #: 26-37-35-02-00017.0-0015.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Sewer, Water

Tax Info

  • Tax Year: 2018

Multi Family

  • Number Of Units Total: 2
  • Annual Operating Expense: 3930.0
  • Income And Expenses Net Operating Income: 20670.0

MLS Schools

  • Elementary School: Holland
  • High School: Satellite

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2018
Closed on
May 10, 2019
Sold by
Frances F Fagnanat Remainder Trust
Bought by
Smith Leo D and Smith Cathleen J
Seller's Agent
Anita Iannuzzi
RE/MAX Aerospace Realty
Buyer's Agent
Ron Gould
Pastermack Real Estate
List Price
$334,000
Sold Price
$305,000
Premium/Discount to List
-$29,000
-8.68%
Current Estimated Value
$534,890

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$229,890
Avg. Annual Appreciation
9.28%
Original Mortgage
$228,750
Outstanding Balance
$202,397
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$329,655

Purchase Details

Closed on
Oct 14, 1994
Sold by
Womack William B and Womack Rosabelle
Bought by
Bryan)Jr Thomas J and Bryan Sandra G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,000
Interest Rate
8.46%
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
Smith Leo D -- Atypical Title Llc
Smith Leo D $305,000 Atypical Title Llc
Bryan)Jr Thomas J $114,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Leo D $228,750
Previous Owner Bryan)Jr Thomas J $89,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2019 05/10/19 Sold $305,000 -6.2% $151 / Sq Ft
03/16/2019 03/16/19 Pending -- -- --
02/28/2019 02/28/19 Price Changed $325,000 -2.7% $160 / Sq Ft
11/14/2018 11/14/18 For Sale $334,000 -- $165 / 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 $6,139 $360,000 $0 $0
2022 $5,303 $305,420 $0 $0
2021 $4,950 $237,540 $120,000 $117,540
2020 $4,794 $226,240 $110,000 $116,240
2019 $4,688 $223,990 $110,000 $113,990
2018 $4,432 $210,000 $0 $210,000
2015 $3,428 $145,200 $80,000 $65,200
2014 $3,154 $132,000 $62,000 $70,000
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 829640

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 26-37-35-02-00017.0-0015.00