NOT LISTED FOR SALE

540 Lee Ave Satellite Beach, FL 32937

Estimated Value: $583,170 - $655,000

Studio
2 Baths
2,288 Sq Ft
$274/Sq Ft Est. Value

Last Sold September 20, 2021

Last sale price $539,000 $236 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $4,006/month

80 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 September 2021

Back on market Buyers financing fell through. In the heart of Satellite beach lives this well-kept duplex, in perfect proximity between both the ocean and river. Featuring two identical units that include 2 bedrooms, 2 baths, an open, airy floor plan, and a backyard patio space with a private, fenced in yard. This duplex would make for the perfect investment property, located near private beaches and Brevard's best schools.

Last Agent to Sell the Property

Gibbs Baum

One Sotheby's International License #3247254 Listed on: 08/03/2021

One Sotheby's International

Co-Listed By

Gregory Zimmerman

One Sotheby's International License #3364053

Last Buyer's Agent

Donna Thompson

RE/MAX Aerospace Realty License #3242270

RE/MAX Aerospace Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,417

Year Built

  • Built in 1999

Lot Details

  • 10,454 Sq Ft Lot
  • Waterfront

Parking

  • 1 Car Attached Garage

Home Design

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

Interior Spaces

  • 2,288 Sq Ft Home
  • 1-Story Property
  • Electric Range

Flooring

  • Carpet
  • Tile

Schools

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

Utilities

  • Central Air

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 26-37-35-02-00020.0-0026.00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,417

Year Built

Built in 1999

Lot Details

10,454 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential Income
  • Year Built: 1999
  • Reso Property Sub Type: Duplex
  • Co List Office Mls Id: spc.ozosi
  • Co List Office Phone: 321-984-3135
  • ResoSpecialListingConditions: Standard
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Location Tax and Legal Parcel Number2: 26-37-35-02-00020.0-0026.00
  • 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 Annual Amount: 5416.98
  • Location Tax and Legal Tax Year2: 2020
  • General Property Information Living Area2: 2288.0
  • General Property Information Building Area Total3: 2828.0
  • General Property Information Lot Size Acres: 0.24
  • General Property Information Lot Size Square Feet2: 10454.0
  • General Property Information Waterfront YN: No
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Levels One: Yes
  • Roof:Shingle: Yes
  • Flooring Carpet: 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: 1
  • Utilities Sewer Connected: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Acres: 0.24
  • 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: 1.0
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Attached: Yes
  • General Property Information:Parking Total: 1.0

Utilities

  • Cooling: Central Air
  • 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: 10454.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 26-37-35-02-00020.0-0026.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Other

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 5416.98

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Holland
  • High School: Satellite

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2021
Closed on
Sep 14, 2021
Sold by
Kathleen Skwarek Trust and The Kathleen Skwarek Trust
Bought by
Rich David and Rich Tricia
Seller's Agent
Gibbs Baum
One Sotheby's International
Buyer's Agent
Donna Thompson
RE/MAX Aerospace Realty
List Price
$539,000
Sold Price
$539,000
Current Estimated Value
$627,293

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,293
Avg. Annual Appreciation
3.46%
Original Mortgage
$404,250
Outstanding Balance
$368,273
Interest Rate
2.88%
Estimated Equity
$259,020

Purchase Details

Listed on
Aug 3, 2021
Closed on
Sep 13, 2021
Sold by
Kathleen Skwarek Trust and Skwarek Daniel
Bought by
Rich David and Rich Tricia
Seller's Agent
Gibbs Baum
One Sotheby's International
Buyer's Agent
Donna Thompson
RE/MAX Aerospace Realty
List Price
$539,000
Sold Price
$539,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$404,250
Outstanding Balance
$368,273
Interest Rate
2.88%
Estimated Equity
$259,020

Purchase Details

Closed on
Apr 24, 2006
Sold by
Skwarek Kathleen
Bought by
Skwarek Kathleen and The Kathleen Skwarek Trust

Purchase Details

Closed on
Oct 16, 2002
Sold by
Hannon James T
Bought by
Snyder Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 24, 2000
Sold by
C & G Homes Inc
Bought by
Hannon James T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
8.38%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 18, 1999
Sold by
Barrie Daniel G
Bought by
C & G Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,600
Interest Rate
6.73%

Purchase Details

Closed on
Feb 16, 1999
Sold by
Manning Anna Lee
Bought by
C & G Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,600
Interest Rate
6.73%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rich David $539,000 None Listed On Document
Rich David -- State Title Partners Llp
Rich David -- None Listed On Document
Skwarek Kathleen -- None Available
Snyder Nancy $205,000 --
Hannon James T $156,000 --
C & G Homes Inc -- --
C & G Homes Inc -- --
C & G Homes Inc -- --
C & G Homes Inc -- --
C & G Homes Inc $15,000 --
C & G Homes Inc $17,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rich David $404,250
Closed Rich David $404,250
Previous Owner Snyder Nancy $164,000
Previous Owner Hannon James T $156,000
Previous Owner C & G Homes Inc $145,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2021 09/20/21 Sold $539,000 0.0% $236 / Sq Ft
08/07/2021 08/07/21 Pending -- -- --
08/03/2021 08/03/21 For Sale $539,000 0.0% $236 / Sq Ft
06/14/2021 06/14/21 Pending -- -- --
06/04/2021 06/04/21 For Sale $539,000 0.0% $236 / Sq Ft
05/26/2021 05/26/21 Pending -- -- --
05/18/2021 05/18/21 For Sale $539,000 -- $236 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

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 $9,319 $496,800 -- --
2024 $8,644 $496,800 -- --
2023 $8,644 $447,120 -- --
2022 $7,694 $406,560 $0 $0
2021 $5,596 $270,590 $120,000 $150,590
2020 $5,417 $257,700 $110,000 $147,700
2019 $5,482 $255,570 $110,000 $145,570
2018 $5,167 $238,000 $0 $238,000
2017 $4,587 $214,000 $0 $214,000
2016 $2,990 $174,130 $0 $0
2015 $2,878 $162,400 $80,000 $82,400
2014 $2,715 $154,000 $62,000 $92,000
Source: Public Records

Agents Affiliated with this Home

  • Gibbs Baum

    Seller's Agent in 2021

    Gibbs Baum

    One Sotheby's International

    (321) 432-2009

    13 in this area

    243 Total Sales

    Gibbs Baum
    Section Image
  • Gregory Zimmerman

    Seller Co-Listing Agent in 2021

    Gregory Zimmerman

    One Sotheby's International

    (321) 704-3025

    10 in this area

    229 Total Sales

    Gregory Zimmerman
    Section Image

  • D

    Buyer's Agent in 2021

    Donna Thompson

    RE/MAX

    Section Image
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Map

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

MLS Number: 904883

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 26-37-35-02-00020.0-0026.00

Florida Brevard County Satellite Beach 32937

540 Lee Ave, Satellite Beach, FL

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Space Coast MLS (Space Coast Association of REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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