NOT LISTED FOR SALE

5540 N Highway 1 Cocoa, FL 32927

Estimated Value: $152,000 - $183,000

2 Beds
1 Bath
800 Sq Ft
$215/Sq Ft Est. Value

Last Sold May 03, 2023

Last sale price $140,000 $175 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,050/month

36 Days on Market

Highlights

  • Intracoastal View
  • No HOA
  • Eat-In Kitchen
  • Wooded Lot
  • Screened Porch
  • Cooling Available

About This Home

As of May 2023

This home is currently being used as an Airbnb rental property along with the adjacent 3 bedroom 2 1/2 bath home. The owner prefers to sell both properties together but will consider selling alone. The home was completely renovated in 2018. Complete re-wire and plumbing plus a new roof. Mini split AC units were also installed. A new septic was installed in 2022. The owner will also consider selling unfurnished. The property is a few hundred fee off the Indian river. The current owner also owns the adjacent property which has river front with a dock. They are willing to grant river access as long as they continue to own the adjacent property. This has been a very good Airbnb property with great ratings.

Last Agent to Sell the Property

WALLY COOK

Support 100 Property Mgt. LLC License #16819 Listed on: 03/16/2023

Last Buyer's Agent

Jeffrey DiMuria

Waves Realty License #3246853

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,001

Year Built

  • Built in 1957

Lot Details

  • 0.29 Acre Lot
  • Dirt Road
  • Street terminates at a dead end
  • North Facing Home
  • Vinyl Fence
  • Wooded Lot

Parking

  • Additional Parking

Property Views

  • Intracoastal
  • River
  • Woods

Home Design

  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 800 Sq Ft Home
  • 1-Story Property
  • Screened Porch
  • Tile Flooring
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 1 Full Bathroom
  • Low Flow Plumbing Fixtures
  • Bathtub and Shower Combination in Primary Bathroom

Outdoor Features

  • Patio
  • Shed

Schools

  • Fairglen Elementary School
  • Cocoa Middle School
  • Cocoa High School

Utilities

  • Cooling Available
  • Heating Available
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Burchfield Sb 1 Pg 115 Association
  • Burchfield Survey Bk 1 Pg 115 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 23-36-19-02-00000.0-0004.06

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,001

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1957
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Dead End Street, Easement Access, Wooded
  • Road Surface Type: Dirt
  • Reso View: River, Trees/Woods, Water, Intracoastal
  • ResoSecurityFeatures: Smoke Detector(s)
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Burchfield Survey Bk 1 Pg 115
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Reso Other Structures: Shed(s)
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Bar, Eat-in Kitchen, Primary Bathroom - Tub with Shower, Split Bedrooms
  • Flooring: Tile
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Split Bedrooms: Yes

Exterior Features

  • Pool Features: None
  • Roof: Other
  • Fencing: Fenced, Vinyl
  • Acres: 0.29
  • Waterfront: No
  • Construction Type: Block, Concrete
  • Direction Faces: North
  • Patio And Porch Features: Patio, Porch, Screened
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Lot Features:Wooded: Yes
  • View:River: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Additional Parking
  • General Property Information:Garage YN: No
  • Parking Features:Additional Parking: Yes

Utilities

  • Cooling: Other
  • Utilities: Cable Available, Electricity Connected, Water Available
  • Cooling Other: Yes
  • Heating: Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric3: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Name: BURCHFIELD SB 1 PG 115
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No
  • General Property Information:Association Name: BURCHFIELD SB 1 PG 115

Schools

  • Middle Or Junior School: Cocoa

Lot Info

  • Lot Size Sq Ft: 12632.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2316153
  • Parcel #: 23-36-19-02-00000.0-0004.06
  • ResoLotSizeUnits: Acres

Green Features

  • Green Water Conservation: Low-Flow Fixtures

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 1000.57

MLS Schools

  • Elementary School: Fairglen
  • High School: Cocoa

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2023
Closed on
Apr 20, 2023
Sold by
Pearison Investments Llc
Bought by
Johnson Angela C
Seller's Agent
WALLY COOK
Support 100 Property Mgt. LLC
Buyer's Agent
Jeffrey DiMuria
Waves Realty
List Price
$225,000
Sold Price
$140,000
Premium/Discount to List
-$85,000
-37.78%
Total Days on Market
36
Current Estimated Value
$172,289

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,289
Avg. Annual Appreciation
10.28%

Purchase Details

Closed on
Dec 3, 2021
Sold by
Pearison Brian A and Peariso Renee J
Bought by
Pearison Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
2.39%

Purchase Details

Closed on
Oct 16, 2020
Sold by
Abundant Life Homes Llc
Bought by
Pearison Brian A and Pearison Renee J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,957
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 14, 2018
Sold by
Wilson Albert W
Bought by
Abundant Life Homes Llc

Purchase Details

Closed on
Dec 21, 2017
Sold by
3435 Sutton Home Llc
Bought by
Wilson Albert W

Purchase Details

Closed on
Feb 23, 2007
Sold by
Frontenac Baptist Church Hldg Corp Inc
Bought by
Tendler Cindy E and Bonsignori Umberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,518
Interest Rate
6.19%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 5, 2003
Sold by
Brunson Janet D and Dalton Carol A
Bought by
Frontenac Baptist Church Hldg Corp Inc
Source: Public Records

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Range of Values:

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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
Johnson Angela C $140,000 Minot Title
Pearison Investments Llc -- Liberty Title Company
Pearison Brian A $120,000 Island T&E Agcy Inc
Abundant Life Homes Llc -- Attorney
Wilson Albert W -- Attorney
Tendler Cindy E $100,000 Fidelity Natl Title Ins Co
Frontenac Baptist Church Hldg Corp Inc $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Angela C $159,750
Previous Owner Pearison Investments Llc $550,000
Previous Owner Pearison Brian A $99,957
Previous Owner Pearison Brian A $99,957
Previous Owner Abundant Life Homes Llc $60,000
Previous Owner Tendler Cindy E $10,518
Previous Owner Tendler Cindy E $83,428
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2023 05/03/23 Sold $140,000 -37.8% $175 / Sq Ft
03/17/2023 03/17/23 Pending -- -- --
03/16/2023 03/16/23 For Sale $225,000 0.0% $281 / Sq Ft
02/23/2023 02/23/23 Pending -- -- --
02/09/2023 02/09/23 Price Changed $225,000 +13.1% $281 / Sq Ft
02/09/2023 02/09/23 For Sale $199,000 0.0% $249 / Sq Ft
07/11/2022 07/11/22 For Rent $2,700 0.0% --
07/09/2022 07/09/22 Rented $2,700 0.0% --
07/26/2017 07/26/17 Sold $65,000 -40.9% $82 / Sq Ft
07/07/2017 07/07/17 Pending -- -- --
10/24/2016 10/24/16 For Sale $110,000 -- $139 / 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 $1,054 $43,650 $15,000 $28,650
2022 $1,001 $41,910 $0 $0
2021 $985 $38,880 $15,000 $23,880
2020 $803 $27,440 $5,000 $22,440
2019 $785 $29,230 $5,000 $24,230
2018 $838 $32,270 $5,000 $27,270
2017 $765 $26,670 $5,000 $21,670
2016 $750 $25,120 $5,000 $20,120
2015 $720 $22,600 $5,000 $17,600
2014 $688 $20,550 $5,000 $15,550
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 956886

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 23-36-19-02-00000.0-0004.06