NOT LISTED FOR SALE

836 Masterson St Melbourne, FL 32935

Estimated Value: $336,000 - $480,259

Studio
2 Baths
2,080 Sq Ft
$194/Sq Ft Est. Value

Last Sold February 07, 2020

Last sale price $226,000 $109 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $2,470/month

9 Days on Market

Highlights

  • No HOA
  • 1-Story Property
  • Central Air
  • Tile Flooring

About This Home

As of February 2020

Remodeled duplex. Fantastic Investor opportunity! Or great live in ''House Hack''! Fully rented 2 bedroom/1 bath with separate W/D duplex in Melbourne, across the street from the Banana River, near The Eau Gallie Arts District. Unit 836 was remodeled 2 years ago and 844 has a brand-new kitchen and appliances. The seller is offering a $1,000 credit at closing to the buyer and a $500 bonus to the buyers realtor! Close to essentials and the causeway for a quick 4 mile access to the beaches!

Last Agent to Sell the Property

Lianne Habets

LoKation License #3354904 Listed on: 01/18/2020

LoKation

Last Buyer's Agent

Jennifer Weatherholt

One Sotheby's International License #3335550

One Sotheby's International

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1956

Lot Details

  • 8,712 Sq Ft Lot

Home Design

  • Duplex
  • Shingle Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 2,080 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Washer

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • 2 Carport Spaces

Schools

  • Creel Elementary School
  • Johnson Middle School
  • Eau Gallie High School

Utilities

  • Central Air
  • Cable TV Available

Listing and Financial Details

  • The owner pays for trash collection
  • Assessor Parcel Number 27-37-16-25-00012.0-0001.00

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $20,400
  • Net Operating Income $20,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1956
  • Reso Property Sub Type: Duplex
  • ResoSpecialListingConditions: Standard
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: One
  • Location Tax and Legal Parcel Number2: 27-37-16-25-00012.0-0001.00
  • Location Tax and Legal Elementary School: Creel
  • Location Tax and Legal Middle School2: Johnson
  • Location Tax and Legal High School: Eau Gallie
  • Location Tax and Legal Tax Year2: 2019
  • General Property Information Living Area2: 2080.0
  • General Property Information Building Area Total3: 2080.0
  • General Property Information Lot Size Acres: 0.2
  • General Property Information Lot Size Square Feet2: 8712.0
  • General Property Information Carport Spaces2: 2.0
  • General Property Information Waterfront YN: No
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Washers: Yes
  • Levels One: Yes
  • Roof:Shingle: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: Yes
  • Utilities Water Available: Yes
  • General Property Information Number Of Units Total2: 2.0
  • Gross Scheduled Income: 20400.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Tile
  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator, Washer
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Acres: 0.2
  • Waterfront: No
  • Construction Type: Block, Concrete
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Carport
  • Total Parking Spaces: 4.0
  • General Property Information:Garage YN: No
  • Parking Features:Carport: Yes
  • General Property Information:Parking Total: 4.0
  • General Property Information:Open Parking Spaces2: 4.0

Utilities

  • Cooling: Central Air
  • Utilities: Cable Available, Electricity Connected, Water Available
  • Cooling Y N: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: Johnson

Lot Info

  • Lot Size Sq Ft: 8712.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 27-37-16-25-00012.0-0001.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Trash Collection, Other

Tax Info

  • Tax Year: 2019

Multi Family

  • Number Of Units Total: 2
  • Income And Expenses Net Operating Income: 20400.0

MLS Schools

  • Elementary School: Creel
  • High School: Eau Gallie

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2020
Closed on
Feb 6, 2020
Sold by
Montaque Howard
Bought by
Vondewitz Uwe Von and Himmeroeder Renee
Seller's Agent
Lianne Habets
LoKation
Buyer's Agent
Jennifer Weatherholt
One Sotheby's International
List Price
$200,000
Sold Price
$226,000
Premium/Discount to List
$26,000
13%
Current Estimated Value
$403,565

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,565
Avg. Annual Appreciation
10.31%

Purchase Details

Listed on
Apr 5, 2016
Closed on
Jul 18, 2016
Sold by
Whalen Michael J
Bought by
Montaque Howard
Seller's Agent
Randy Neuman
BHHS Florida Realty
Buyer's Agent
Jesse Hall
PlacePROS
List Price
$169,500
Sold Price
$145,500
Premium/Discount to List
-$24,000
-14.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.17%
Original Mortgage
$150,301
Interest Rate
3.54%

Purchase Details

Closed on
Aug 28, 1996
Sold by
Baker William R and Baker Rose K J
Bought by
Whalen Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,918
Interest Rate
8.2%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Vondewitz Uwe Von $226,000 Sunbelt Title Agency
Montaque Howard $145,500 North American Title Co
Whalen Michael J $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Montaque Howard $150,301
Previous Owner Whalen Michael J $84,918
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/07/2020 02/07/20 Sold $226,000 +13.0% $109 / Sq Ft
01/28/2020 01/28/20 Pending -- -- --
01/18/2020 01/18/20 For Sale $200,000 +37.5% $96 / Sq Ft
07/18/2016 07/18/16 Sold $145,500 -14.2% $70 / Sq Ft View Prior Sale
06/06/2016 06/06/16 Pending -- -- --
04/04/2016 04/04/16 For Sale $169,500 -- $81 / 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
2025 $4,320 $264,000 -- --
2024 $4,173 $240,000 -- --
2023 $4,173 $240,000 $0 $0
2022 $3,717 $218,400 $0 $0
2021 $3,471 $183,910 $60,980 $122,930
2020 $3,093 $175,230 $60,980 $114,250
2019 $2,819 $141,410 $60,980 $80,430
2018 $2,752 $135,000 $0 $135,000
2015 $2,296 $96,800 $43,560 $53,240
2014 $2,036 $88,000 $43,560 $44,440
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

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

MLS Number: 865616

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-37-16-25-00012.0-0001.00