Seller's Agent in 2019
Donna Knowles-Lynne
Realty & Resources LLC
(321) 480-1425
2 in this area
53 Total Sales
658 Young St Melbourne, FL 32935
Estimated Value: $421,000 - $614,000
Studio
2
Baths
3,144
Sq Ft
$172/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Cooling Available
- 4-minute walk to Rossetter Park
- No HOA
- Wood Siding
About This Home
As of February 2019Bring your investors to this sought after Multifamily property. The Owner will hold first mortgage with agreed upon terms with 50% down. This awesome 4 unit investment property is in the desirable Eau Gallie area of Melbourne. Situated steps to the beautiful Eau Gallie Marina. Conveniently located within 1 hour to Disney, Kennedy Space Center and Minutes to the beautiful Brevard County Beaches.This is a must see!!!
Last Agent to Sell the Property
Realty & Resources LLC License #3080730 Listed on: 12/27/2018
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,511
Year Built
- Built in 1926
Lot Details
- 4,792 Sq Ft Lot
Home Design
- Quadruplex
- Frame Construction
- Shingle Roof
- Wood Siding
- Stucco
Interior Spaces
- 3,144 Sq Ft Home
- 2-Story Property
- Wood Flooring
- Electric Range
Schools
- Creel Elementary School
- Johnson Middle School
- Eau Gallie High School
Utilities
- Cooling Available
- Separate Meters
- Septic Tank
Listing and Financial Details
- The owner pays for insurance, sewer, taxes, water
- Assessor Parcel Number 27-37-21-05-00000.0-0007.00
Community Details
Overview
- No Home Owners Association
- 4 Units
Building Details
- Operating Expense $5,000
- Gross Income $36,000
- Net Operating Income $31,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 22, 2023
Sold by
Young Street Holdings Llc
Bought by
Selvaratnam Prins
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,750
Outstanding Balance
$372,231
Interest Rate
7.57%
Mortgage Type
New Conventional
Estimated Equity
$167,768
Purchase Details
Listed on
Dec 27, 2018
Closed on
Feb 27, 2019
Sold by
Phillips Patrick Brian and Hamilton Laurie
Bought by
Young Street Holdings Llc
Seller's Agent
Donna Knowles-Lynne
Realty & Resources LLC
Buyer's Agent
Donna Gianotti-Kelley
Space Coast Realty & Inv. LLC
List Price
$395,900
Sold Price
$375,000
Premium/Discount to List
-$20,900
-5.28%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.30%
Original Mortgage
$125,000
Interest Rate
4.4%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 15, 2001
Sold by
Chaney Glen E
Bought by
Phillips Patrick Brian and Phillips Laurie H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,092
Interest Rate
7.02%
Mortgage Type
Purchase Money Mortgage
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Selvaratnam Prins | $100 | None Listed On Document | |
| Selvaratnam Prins | $100 | None Listed On Document | |
| Young Street Holdings Llc | $375,000 | Attorney | |
| Phillips Patrick Brian | $113,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Selvaratnam Prins | $378,750 | |
| Closed | Selvaratnam Prins | $378,750 | |
| Previous Owner | Young Street Holdings Llc | $125,000 | |
| Previous Owner | Phillips Patrick Brian | $91,092 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/27/2019 02/27/19 | Sold | $375,000 | -5.3% | $119 / Sq Ft |
| 01/25/2019 01/25/19 | Pending | -- | -- | -- |
| 12/26/2018 12/26/18 | For Sale | $395,900 | -- | $126 / 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 | $6,687 | $384,000 | -- | -- |
| 2024 | $6,392 | $384,000 | -- | -- |
| 2023 | $6,392 | $384,000 | $0 | $0 |
| 2022 | $5,687 | $351,000 | $0 | $0 |
| 2021 | $5,172 | $272,720 | $58,000 | $214,720 |
| 2020 | $5,056 | $264,750 | $58,000 | $206,750 |
| 2019 | $3,420 | $257,040 | $58,000 | $199,040 |
| 2018 | $2,450 | $114,000 | $0 | $114,000 |
| 2017 | $2,511 | $114,000 | $0 | $114,000 |
| 2016 | $2,514 | $108,000 | $0 | $0 |
| 2015 | $2,224 | $90,200 | $46,000 | $44,200 |
| 2014 | $2,009 | $82,000 | $46,000 | $36,000 |
Source: Public Records
Agents Affiliated with this Home
-
Donna Knowles-Lynne
-
Donna Gianotti-Kelley
Buyer's Agent in 2019
Donna Gianotti-Kelley
Space Coast Realty & Inv. LLC
(321) 806-6362
14 in this area
138 Total Sales
Map
Source: Space Coast MLS (Space Coast Association of REALTORS®)
MLS Number: 832656
APN: 27-37-21-05-00000.0-0007.00
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