NOT LISTED FOR SALE

550 Garfield Ave Unit 102 Cocoa Beach, FL 32931

Estimated Value: $482,259 - $562,000

3 Beds
2 Baths
1,616 Sq Ft
$360/mo HOA Fee

Last Sold September 04, 2012

Last sale price $215,000 $133 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $3,320/month

11 Days on Market

Highlights

  • Ocean Front
  • In Ground Pool
  • Screened Porch
  • Cocoa Beach Junior/Senior High School Rated A
  • Clubhouse
  • Hurricane or Storm Shutters

About This Home

As of September 2012

High end remodel in kitchen and both baths. Premium granite and all stainless appliances, glass tile back splash. 18 in tile throughout. LARGE screened porch with new mexican tile. Popcorn professionally removed and painted. Every door replaced. Great location, only 20 units. Complex has also had a complete upgrade, including new solar heated pool. 1st floor unit. Private garage. Too many upgrades to list. A must see! *No Pet Condo

Last Agent to Sell the Property

Doug Addeo

Community Realty Associates License #559732 Listed on: 08/02/2012

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,886

Year Built

  • Built in 1979

Lot Details

  • Ocean Front
  • Street terminates at a dead end
  • East Facing Home

HOA Fees

  • $360 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Home Design

  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,616 Sq Ft Home
  • Multi-Level Property
  • Screened Porch
  • Tile Flooring
  • Water Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • In Ground Pool
  • Property has ocean access
  • Patio

Schools

  • Cape View Elementary School
  • Cocoa Beach Middle School
  • Cocoa Beach High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 243723CG000840001302

Community Details

Overview

  • Association fees include cable TV, insurance, pest control, trash
  • La Mer Apts Condo Subdivision
  • Maintained Community

Amenities

  • Clubhouse

Recreation

  • Community Pool

Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,886

Year Built

Built in 1979

Lot Details

0

HOA Fees

$360 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1979
  • Reso Property Sub Type: Condominium
  • ResoLotFeatures: Dead End Street
  • Reso View: Water
  • ResoSecurityFeatures: Smoke Detector(s)
  • Reso Association Amenities: Clubhouse, Maintenance Grounds
  • Reso Association Fee Includes: Cable TV, Insurance, Pest Control, Trash
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: La Mer Apts Condo
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: Yes
  • Unit Levels: Multi/Split
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 243723CG000840001302
  • Location Tax and Legal Elementary School: Cape View
  • Location Tax and Legal Middle School2: Cocoa Beach
  • Location Tax and Legal High School: Cocoa Beach
  • Location Tax and Legal Tax Annual Amount: 2886.01
  • Location Tax and Legal Tax Year2: 2011
  • General Property Information Living Area2: 1616.0
  • General Property Information Building Area Total3: 1848.0
  • General Property Information New Construction YN: No
  • General Property Information Waterfront YN: Yes
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: East
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Pool Features In Ground: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Lot Features Dead End Street: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • View Water3: Yes
  • Waterfront Features Waterfront Community: Yes
  • Levels MultiSplit: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Primary Bathroom - Tub with Shower, Walk-In Closet(s)
  • Flooring: Tile
  • Appliances: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Pool Features:Community: Yes
  • Interior Features:Walk-In Closet(s): Yes

Exterior Features

  • Exterior Features: Storm Shutters
  • Pool Features: Community, In Ground
  • Roof: Other
  • Waterfront Features: Ocean Access, Ocean Front, Waterfront Community
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: East
  • Patio And Porch Features: Patio, Porch, Screened
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Exterior Features:Storm Shutters: Yes
  • Waterfront Features:Ocean Access: Yes
  • Waterfront Features:Ocean Front: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage, Garage Door Opener
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air
  • Utilities: Water Available
  • Heating: Central
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 360.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 360.0
  • General Property Information:Association Fee Frequency: Monthly
  • Association Fee Includes:Cable TV: Yes
  • Association Fee Includes:Insurance: Yes
  • Association Amenities:Clubhouse: Yes
  • Association Fee Includes:Trash: Yes
  • Association Fee Includes:Pest Control: Yes

Schools

  • Middle Or Junior School: Cocoa Beach

Lot Info

  • Additional Parcels Description: 2435084
  • Parcel #: 243723CG000840001302

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 2886.01

MLS Schools

  • Elementary School: Cape View
  • High School: Cocoa Beach

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2012
Closed on
Sep 4, 2012
Sold by
Gervais Michelle
Bought by
Baumann Jyl Irene
Seller's Agent
Doug Addeo
Community Realty Associates
List Price
$229,000
Sold Price
$215,000
Premium/Discount to List
-$14,000
-6.11%
Current Estimated Value
$513,815

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$298,815
Avg. Annual Appreciation
6.87%

Purchase Details

Listed on
May 25, 2011
Closed on
Mar 15, 2012
Sold by
Thorpe Douglas and Thorpe Sandra
Bought by
Gervais Michelle
Seller's Agent
Barbara Keller
Coldwell Banker Residential RE
List Price
$199,999
Sold Price
$175,000
Premium/Discount to List
-$24,999
-12.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
56.44%

Purchase Details

Closed on
Jul 11, 2007
Sold by
Moore Jacqueline S
Bought by
Thorpe Douglas and Thorpe Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 2, 1998
Sold by
Valentino Darlene
Bought by
Moore Jacqueline S
Source: Public Records

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
Baumann Jyl Irene $215,000 Aurora Title
Gervais Michelle $175,000 Island Title & Escrow Agency
Thorpe Douglas $275,000 Dba Glow Title & Escrow
Moore Jacqueline S $112,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Thorpe Douglas $220,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/04/2012 09/04/12 Sold $215,000 -6.1% $133 / Sq Ft
08/13/2012 08/13/12 Pending -- -- --
08/02/2012 08/02/12 For Sale $229,000 +30.9% $142 / Sq Ft
03/19/2012 03/19/12 Sold $175,000 -12.5% $108 / Sq Ft View Prior Sale
03/11/2012 03/11/12 Pending -- -- --
05/24/2011 05/24/11 For Sale $199,999 -- $124 / 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 $2,829 $243,520 -- --
2024 $2,788 $236,660 -- --
2023 $2,788 $229,770 $0 $0
2022 $2,590 $223,080 $0 $0
2021 $2,660 $216,590 $0 $216,590
2020 $2,634 $215,010 $0 $0
2019 $2,596 $210,180 $0 $0
2018 $2,607 $206,270 $0 $206,270
2017 $2,695 $206,000 $0 $206,000
2016 $3,318 $202,340 $0 $0
2015 $3,880 $209,890 $0 $0
2014 $3,619 $190,810 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 646677

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 24-37-23-CG-00084.0-0013.02