Shane Burgman
Responds Quickly
Real Broker LLC
(321) 450-8803
184 Total Sales
20 in Melbourne
$74K - $910K Price Range
704 E Lincoln Ave Melbourne, FL 32901
Melbourne AreaEstimated Value: $658,735
1
Bed
4
Baths
2,619
Sq Ft
$252/Sq Ft
Est. Value
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
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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
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
Closed on
Aug 18, 2022
Sold by
Bought by
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
Bought by
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
7.82%
Original Mortgage
$288,000
Interest Rate
3.94%
Mortgage Type
Balloon
Purchase Details
Listed on
Oct 4, 2017
Closed on
Nov 6, 2017
Sold by
Bought by
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%
Mortgage Type
Balloon
Purchase Details
Closed on
Jul 29, 2015
Sold by
Bought by
Purchase Details
Listed on
Jul 2, 2014
Closed on
Jul 29, 2014
Sold by
Bought by
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
19.09%
Purchase Details
Closed on
Apr 30, 2014
Sold by
Bought by
Purchase Details
Closed on
Apr 7, 2014
Sold by
Bought by
Purchase Details
Closed on
Sep 30, 2003
Sold by
Bought by
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%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 17, 2002
Sold by
Bought by
Purchase Details
Closed on
May 29, 1997
Sold by
Bought by
Purchase Details
Closed on
Apr 28, 1994
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Melbourne, FL
-
Shane Burgman
-
Catalina Schreader
Catalina Schreader
Nexthome Coastal Vista
(321) 450-8818
56 Total Sales
4 in Melbourne
$160K - $786K Price Range
-
John King
John King
RE/MAX Crown Realty
(772) 646-9504
907 Total Sales
4 in Melbourne
$340K - $433K Price Range
-
Calvin Ratteray
Calvin Ratteray
LPT Realty, LLC
(321) 450-4837
21 Total Sales
2 in Melbourne
$265K - $279K Price Range
-
Peggy Page
Peggy Page
EXP Realty, LLC
(855) 693-2944
49 Total Sales
7 in Melbourne
$105K - $555K Price Range
-
Richard Farb
Richard Farb
Boardwalk Realty, LLC
(815) 706-2928
28 Total Sales
1 in Melbourne
$281,900 Price
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 |
|---|---|---|---|
| $100 | Equity Title | ||
| $360,000 | Attorney | ||
| $340,000 | State Title Partners Llp | ||
| -- | None Available | ||
| $80,000 | Attorney | ||
| -- | New House Title Llc | ||
| -- | None Available | ||
| $225,000 | Alliance Title Brevard Llc | ||
| $128,000 | -- | ||
| $35,000 | -- | ||
| -- | -- |
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 |
|---|---|---|---|
| Closed | $20,000 | ||
| Previous Owner | $393,400 | ||
| Previous Owner | $288,000 | ||
| Previous Owner | $180,000 |
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 | 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
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 |
|---|---|---|---|---|
| 2026 | $7,433 | $403,200 | ||
| 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
-
A
Seller's Agent in 2017
Angelica Brown
Swann & Associates R.E., Inc.
-
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
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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