A
Seller's Agent in 2017
Angelica Brown
Swann & Associates R.E., Inc.
704 E Lincoln Ave Melbourne, FL 32901
Estimated Value: $463,000 - $805,000
1
Bed
4
Baths
2,619
Sq Ft
$246/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Cooling Available
- 5-minute walk to Wells Park
- No HOA
About This Home
As of November 2017A great investment. After one year of renovation, the building transformed into an Airbnb Guest House which is called ''The Lincoln'' Located in Melbourne Historical downtown, home to many Resturants, Shopping and Bars that are just a five minute walk away.Walking ditance to the Indian River and Manatee Park where you can see the manatees .Crossing over the bridge and you are at one of the most popular beach boardwalk in Indialantic.
All units have a bedroom with queen size beds plus sofa beds in the living area. Fully stoced kitchens. 2 units downstairs and 2 upstairs. 2 units can sleep 4 guest with 2 units accomadating 3 guests. Income and expenses can be provided.
Last Agent to Sell the Property
Angelica Brown
Swann & Associates R.E., Inc. License #637555 Listed on: 10/04/2017
Last Buyer's Agent
Lindsey Zalnoski
New Beginningz Real Estate
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,660
Year Built
- Built in 1926
Lot Details
- 8,712 Sq Ft Lot
Home Design
- Quadruplex
- Tile Roof
- Tar and Gravel Roof
- Membrane Roofing
- Concrete Siding
- Block Exterior
- Stucco
Interior Spaces
- 2,619 Sq Ft Home
- 2-Story Property
- Wood Flooring
- Electric Range
Parking
- 4 Open Parking Spaces
- 4 Parking Spaces
- 1 Carport Space
Schools
- Harbor City Elementary School
- Hoover Middle School
- Melbourne High School
Utilities
- Cooling Available
- Cable TV Available
Listing and Financial Details
- The owner pays for cable TV, electricity, grounds care, insurance, pest control, repairs, sewer, trash collection, water
- Assessor Parcel Number 28-37-03-Fc-00036.0-0014.00
Community Details
Overview
- No Home Owners Association
- 4 Units
Building Details
- Operating Expense $14,400
- Gross Income $73,959
- Net Operating Income $59,559
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 18, 2022
Sold by
704 E Lincoln Land Trust
Bought by
Foko Llc
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
$393,400
Interest Rate
5.55%
Mortgage Type
New Conventional
Purchase Details
Listed on
Oct 4, 2017
Closed on
Nov 13, 2017
Sold by
Sky Equities Llc
Bought by
Common Wealth Trust Services Llc
Seller's Agent
Angelica Brown
Swann & Associates R.E., Inc.
Buyer's Agent
Lindsey Zalnoski
New Beginningz Real Estate
List Price
$390,000
Sold Price
$340,000
Premium/Discount to List
-$50,000
-12.82%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.16%
Original Mortgage
$288,000
Interest Rate
3.94%
Purchase Details
Listed on
Oct 4, 2017
Closed on
Nov 6, 2017
Sold by
Woodman Investment Inc
Bought by
Sky Equities Llc
Seller's Agent
Angelica Brown
Swann & Associates R.E., Inc.
Buyer's Agent
Lindsey Zalnoski
New Beginningz Real Estate
List Price
$390,000
Sold Price
$340,000
Premium/Discount to List
-$50,000
-12.82%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
3.94%
Purchase Details
Closed on
Jul 29, 2015
Sold by
Kutukcuoglu Erdal
Bought by
Woodman Investments Inc
Purchase Details
Listed on
Jul 2, 2014
Closed on
Jul 29, 2014
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Kutukcuoglu Erdal
Seller's Agent
Sarah Munkacsy
Coldwell Banker Paradise
Buyer's Agent
Angelica Brown
Swann & Associates R.E., Inc.
List Price
$29,900
Sold Price
$80,000
Premium/Discount to List
$50,100
167.56%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.03%
Purchase Details
Closed on
Apr 30, 2014
Sold by
Nationstar Mortgage Llc
Bought by
Federal Home Loan Mortgage Corporation
Purchase Details
Closed on
Apr 7, 2014
Sold by
Furst Timothy J and Demarko Bob
Bought by
Nationstar Mortgage Llc
Purchase Details
Closed on
Sep 30, 2003
Sold by
Stone Debra and Stone John
Bought by
Furst Timothy J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.28%
Purchase Details
Closed on
Jul 17, 2002
Sold by
Pineiro Oscar A and Pineiro Svetlana V
Bought by
Stone Debra and Stone John
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 29, 1997
Sold by
Smith Harris R and Smith Ellen D
Bought by
Anthony B Thompson Rev Tr
Purchase Details
Closed on
Apr 28, 1994
Sold by
Malerk Albert J and Malerk Sandra L
Bought by
Malerk Albert John
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Foko Llc | $100 | Equity Title | |
| Common Wealth Trust Services Llc | $360,000 | Attorney | |
| Sky Equities Llc | $340,000 | State Title Partners Llp | |
| Woodman Investments Inc | -- | None Available | |
| Kutukcuoglu Erdal | $80,000 | Attorney | |
| Federal Home Loan Mortgage Corporation | -- | New House Title Llc | |
| Nationstar Mortgage Llc | -- | None Available | |
| Furst Timothy J | $225,000 | Alliance Title Brevard Llc | |
| Stone Debra | $128,000 | -- | |
| Anthony B Thompson Rev Tr | $35,000 | -- | |
| Malerk Albert John | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Foko Llc | $393,400 | |
| Previous Owner | Common Wealth Trust Services Llc | $288,000 | |
| Previous Owner | Furst Timothy J | $180,000 | |
| Previous Owner | Stone Debra | $96,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/14/2017 11/14/17 | Sold | $340,000 | -12.8% | $130 / Sq Ft | |
| 10/16/2017 10/16/17 | Pending | -- | -- | -- | |
| 10/04/2017 10/04/17 | For Sale | $390,000 | +387.5% | $149 / Sq Ft | |
| 08/01/2014 08/01/14 | Sold | $80,000 | +167.6% | $33 / Sq Ft | View Prior Sale |
| 07/11/2014 07/11/14 | Pending | -- | -- | -- | |
| 07/01/2014 07/01/14 | For Sale | $29,900 | -- | $12 / Sq Ft |
Source: Space Coast MLS (Space Coast Association of REALTORS®)
Tax History Compared to Growth
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 | $6,999 | $403,200 | -- | -- |
| 2024 | $7,074 | $388,800 | -- | -- |
| 2023 | $7,074 | $388,800 | $61,380 | $327,420 |
| 2022 | $6,882 | $427,800 | $0 | $0 |
| 2021 | $6,004 | $333,240 | $61,380 | $271,860 |
| 2020 | $6,009 | $317,370 | $61,380 | $255,990 |
| 2019 | $5,789 | $293,860 | $61,380 | $232,480 |
| 2018 | $5,640 | $280,000 | $0 | $280,000 |
| 2017 | $2,729 | $125,000 | $0 | $125,000 |
| 2016 | $2,660 | $115,000 | $0 | $0 |
| 2015 | $2,514 | $105,000 | $43,840 | $61,160 |
| 2014 | $2,137 | $88,000 | $43,840 | $44,160 |
Source: Public Records
Agents Affiliated with this Home
-
-
L
Buyer's Agent in 2017
Lindsey Zalnoski
New Beginningz Real Estate
-
S
Seller's Agent in 2014
Sarah Munkacsy
Coldwell Banker Paradise
-
L
Seller Co-Listing Agent in 2014
Lisa Goddard
Coldwell Banker Paradise
Map
Source: Space Coast MLS (Space Coast Association of REALTORS®)
MLS Number: 795007
APN: 28-37-03-FC-00036.0-0014.00
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Information is deemed reliable but not guaranteed.
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