NOT LISTED FOR SALE
3 Beds
3 Baths
5,009 Sq Ft
0.45 Acre Lot

Sale Details

Date Sold: August 14, 2020

Last sale price $425,000 $85 Per Sq Ft

8 Days on Market

Highlights

  • 1 Car Attached Garage
  • Walk-In Closet
  • Multiple cooling system units
  • Beachland Elementary School Rated A-
  • Tile Flooring
  • Fenced

About This Home

As of August 2020

Exceptional Triplex, with two extras large 3 bedroom3 bath unit with 2000 sq foot, 2 bedroom, 2 bath unit. All units have attached single car garage. Building is brick veneer on masonry, located on almost a 1/2 acre park like lot with lots of extra off street parking. Great location, just east of US 1, easy access to shopping, movie, dining and beach. Units have lots of large closets.

Last Buyer's Agent

Christine Hughes

Dale Sorensen Real Estate Inc. License #0704916

Dale Sorensen Real Estate Inc.
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,138

Year Built

  • Built in 1989

Lot Details

  • 19,759 Sq Ft Lot
  • Lot Dimensions are 104 x 188
  • Fenced
  • Sprinkler System

Parking

  • 1 Car Attached Garage
  • Off-Street Parking

Home Design

  • Triplex
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • Walk-In Closet
  • 5,009 Sq Ft Home
  • 2-Story Property
  • Fire and Smoke Detector
  • Laundry in unit

Flooring

  • Carpet
  • Tile

Utilities

  • Multiple cooling system units
  • Central Air
  • Multiple Heating Units

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 33390100027002000003.1

Community Details

Overview

  • Watson Realty Association
  • Bullingtons Richard E Subdivision

Building Details

  • 3 Separate Electric Meters
  • Insurance Expense $2,800
  • Maintenance Expense $2,809
  • Operating Expense $14,412
  • Gross Income $34,518
  • Net Operating Income $20,106

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,138

Year Built

Built in 1989

Lot Details

0.45 Acres

Parking

1

Listing Details

  • Property Sub Type: Triplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.4536
  • Lot Size: 104 x 188
  • Road Surface Type: Paved
  • Professional Management Expense: 3870.0
  • Subdivision Name: BULLINGTONS RICHARD E
  • Directions: US1, East on 18th ST, Building on right.
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Structure Type: Triplex
  • Year Built: 1989
  • Attribution Contact: 772-567-5226
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Possible Use: Mixed Use
  • Fireplace: No
  • Flooring: Carpet, Tile
  • Interior Amenities: Walk-In Closet(s)
  • Living Area: 5009.0
  • Stories: 2
  • Window Features: Single Hung

Exterior Features

  • Lot Features: 1/4 to 1/2 Acre Lot
  • Pool Features: None
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Brick, Block, Concrete
  • Exterior Features: Fence, Sprinkler/Irrigation
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage, Off Street
  • Total Parking Spaces: 10.0

Utilities

  • Laundry Features: In Unit
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric, 3+ Units
  • Cooling Y N: Yes
  • Heating: Electric, Multiple Heating Units
  • Heating Yn: Yes
  • Sewer: County Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None, Other
  • Association Name: Watson Realty

Schools

  • Junior High Dist: Indian River County Schools

Lot Info

  • Parcel #: 33390100027002000003.1
  • Zoning Description: Multiple,Residential
  • ResoLotSizeUnits: Acres

Multi Family

  • Annual Gross Income: 34518.0
  • Insurance Expense: 2800.0
  • Maintenance Expense: 2809.0
  • Property Net Operating Income: 20106.0
  • Annual Operating Expense: 14412.0
  • Number Of Separate Electric Meters: 3

Tax Info

  • Tax Annual Amount: 5138.0
  • Tax Lot: 3
  • Tax Year: 2019

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2020
Closed on
Aug 14, 2020
Sold by
Lee Heather
Bought by
Buyer's Agent
Christine Hughes
Dale Sorensen Real Estate Inc.
List Price
$425,000
Sold Price
$425,000

Purchase Details

Closed on
Jun 8, 2010
Sold by
Zacsam Investments Llc
Bought by
Lee Heather

Purchase Details

Closed on
Sep 27, 2007
Sold by
Wells Marlene M
Bought by
Lee Heather

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
6.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 26, 2007
Sold by
Lee Heather
Bought by
Zacsam 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
$275,000
Interest Rate
6.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 6, 2000
Sold by
Lee Heather
Bought by
Lee Heather
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$425,000 First American Title Ins Co
Lee Heather $323,000 None Available
Lee Heather -- Professional Title
Zacsam Investments Llc $276,300 Professional Title
Lee Heather -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $275,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/14/2020 08/14/20 Sold $425,000 0.0% $85 / Sq Ft
07/15/2020 07/15/20 Pending -- -- --
07/06/2020 07/06/20 For Sale $425,000 0.0% $85 / Sq Ft
09/27/2019 09/27/19 Rented $950 0.0% --
08/28/2019 08/28/19 Under Contract -- -- --
08/27/2019 08/27/19 For Rent $950 -- --
Source: REALTORS® Association of Indian River County

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $9,011 $681,365 $184,756 $496,609
2024 $5,804 $510,186 $184,756 $325,430
2023 $5,804 $392,614 $67,184 $325,430
2022 $5,839 $392,614 $67,184 $325,430
2021 $6,012 $392,614 $67,184 $325,430
2020 $5,312 $392,614 $67,184 $325,430
2019 $5,138 $380,474 $67,184 $313,290
2018 $4,817 $354,134 $50,388 $303,746
2017 $4,214 $285,563 $0 $0
2016 $3,752 $240,180 $0 $0
2015 $3,250 $182,240 $0 $0
2014 $2,918 $167,400 $0 $0
Source: Public Records

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Map

Source: REALTORS® Association of Indian River County

MLS Number: 233820

APN: 33-39-01-00027-0020-00003.1

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