NOT LISTED FOR SALE

997 Nicklaus Dr Rockledge, FL 32955

Estimated Value: $388,000 - $507,000

3 Beds
2 Baths
1,389 Sq Ft
$326/Sq Ft Est. Value

Last Sold May 29, 2024

Last sale price $494,900 $356 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $2,790/month

42 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property
  • Rockledge Senior High School Rated A-

About This Home

As of May 2024

Weather you call it a home - a duplex or Accessory Dwelling Unit (ADU) This 6 bedroom 3 bath home is split into two separate units consisting of a 4 bedroom 2 bath home and a 2 bedroom 1 bath unit with a separate private entrance. Live in one side and rent the other - Use as an in-law suite - Air B&B - Rent both sides... Many options for a savvy buyer. Home has been completely re-modeled and is ultra modern. Weather you are looking for a large home, the ability to off-set expenses with rental income or a mother-in-law suite this property has many different options. The available seller financing options show a double digit return for the investor or an unusually affordable owner occupant payment by offsetting monthly expenses with rental income... This is a very unusual property that will not last long.

Last Agent to Sell the Property

Paul Vinarub

Vinarub Real Estate Inc. License #609200 Listed on: 03/25/2024

Last Buyer's Agent

Paul Vinarub

Vinarub Real Estate Inc. License #609200 Listed on: 03/25/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,203

Lot Details

  • 9,583

Home Design

  • Duplex

Interior Spaces

  • 1-Story Property

Schools

  • Andersen Elementary School
  • Kennedy Middle School
  • Rockledge High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Fairway Estates 2Nd Addn Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,203

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Reso Property Sub Type: Duplex
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Fairway Estates 2nd Addn
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Location Tax and Legal Elementary School: Andersen
  • Location Tax and Legal Middle School2: Kennedy
  • Location Tax and Legal High School: Rockledge
  • Location Tax and Legal Tax Annual Amount: 3203.04
  • Location Tax and Legal Tax Year2: 2023
  • General Property Information New Construction YN: No
  • Cooling Central Air: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • General Property Information Stories Total: 1
  • Utilities Electricity Available: Yes
  • Utilities Sewer Connected: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Stories: 1

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

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

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: Kennedy

Lot Info

  • Current Use: Residential
  • Additional Parcels Description: 2504498

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3203.04

Multi Family

MLS Schools

  • Elementary School: Andersen
  • High School: Rockledge

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2024
Closed on
May 29, 2024
Sold by
Equity Trust Co and David Vinarub Roth
Bought by
Breath Of My Life Llc
Seller's Agent
Paul Vinarub
Vinarub Real Estate Inc.
Buyer's Agent
Paul Vinarub
Vinarub Real Estate Inc.
List Price
$499,900
Sold Price
$494,900
Premium/Discount to List
-$5,000
-1%
Views
27
Current Estimated Value
$453,491

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$41,409
Avg. Annual Appreciation
-5.32%
Original Mortgage
$394,900
Outstanding Balance
$391,641
Interest Rate
7.1%
Mortgage Type
Seller Take Back
Estimated Equity
$73,353

Purchase Details

Closed on
Dec 13, 2016
Sold by
American Pension Services
Bought by
Equity Trust Co

Purchase Details

Listed on
Jul 27, 2012
Closed on
Aug 29, 2012
Sold by
The Bank Of New York Mellon
Bought by
American Pension Services Inc
Seller's Agent
Rae Mccabe
BHHS Florida Realty
Buyer's Agent
Rae Mccabe
BHHS Florida Realty
List Price
$39,400
Sold Price
$45,000
Premium/Discount to List
$5,600
14.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.90%

Purchase Details

Listed on
Jul 27, 2012
Closed on
Jul 17, 2012
Sold by
Harris Cynthia and Case #2009-Ca-067495
Bought by
The Bank Of New York Mellon and The Bank Of New York
Seller's Agent
Rae Mccabe
BHHS Florida Realty
Buyer's Agent
Rae Mccabe
BHHS Florida Realty
List Price
$39,400
Sold Price
$45,000
Premium/Discount to List
$5,600
14.21%

Purchase Details

Closed on
Sep 1, 2006
Sold by
Jones Henry L and Jones Henry Lee
Bought by
Jones Henrly L and Harris Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,100
Interest Rate
8.9%

Purchase Details

Closed on
Jan 25, 2002
Sold by
Crosby Betty Jo
Bought by
Jones Henry Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,671
Interest Rate
7.14%

Purchase Details

Closed on
Dec 21, 2001
Sold by
Crosby Betty Jo
Bought by
Jones Henry Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,671
Interest Rate
7.14%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Breath Of My Life Llc $494,900 Waterview Title Services
Equity Trust Co -- Attorney
American Pension Services Inc $45,000 Stewart Title Company
The Bank Of New York Mellon -- None Available
Jones Henrly L $49,700 Lsi
Jones Henry Lee -- --
Jones Henry Lee $84,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Breath Of My Life Llc $394,900
Previous Owner Harris Cynthia $159,300
Previous Owner Jones Henrly L $135,100
Previous Owner Jones Henry Lee $94,500
Previous Owner Jones Henry Lee $82,671
Previous Owner Crosby Herbert $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2024 05/29/24 Sold $494,900 0.0% $356 / Sq Ft
05/29/2024 05/29/24 Sold $494,900 0.0% $212 / Sq Ft
05/06/2024 05/06/24 Pending -- -- --
05/06/2024 05/06/24 Pending -- -- --
04/15/2024 04/15/24 Price Changed $494,900 0.0% $356 / Sq Ft
04/15/2024 04/15/24 Price Changed $494,900 -1.0% $212 / Sq Ft
03/24/2024 03/24/24 For Sale $499,900 0.0% $360 / Sq Ft
03/24/2024 03/24/24 For Sale $499,900 0.0% $214 / Sq Ft
05/11/2017 05/11/17 Rented $1,595 0.0% --
05/09/2017 05/09/17 Under Contract -- -- --
04/01/2017 04/01/17 Price Changed $1,595 +6.3% $1 / Sq Ft
03/31/2017 03/31/17 For Rent $1,500 +25.0% --
11/24/2015 11/24/15 Rented $1,200 0.0% --
11/23/2015 11/23/15 Under Contract -- -- --
10/26/2015 10/26/15 For Rent $1,200 0.0% --
10/26/2015 10/26/15 Price Changed $1,200 +20.0% $1 / Sq Ft
10/22/2015 10/22/15 Off Market $1,000 -- --
10/21/2015 10/21/15 For Rent $1,000 +0.5% --
11/07/2014 11/07/14 Rented $995 -5.2% --
11/01/2014 11/01/14 Under Contract -- -- --
09/06/2014 09/06/14 For Rent $1,050 0.0% --
09/07/2012 09/07/12 Sold $45,000 +14.2% $32 / Sq Ft
08/14/2012 08/14/12 Pending -- -- --
07/27/2012 07/27/12 For Sale $39,400 -- $28 / 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
2023 $3,337 $249,810 $0 $0
2022 $2,760 $196,260 $0 $0
2021 $2,488 $149,560 $35,000 $114,560
2020 $2,288 $132,410 $30,000 $102,410
2019 $2,232 $136,200 $30,000 $106,200
2018 $2,062 $119,870 $23,000 $96,870
2017 $1,905 $103,440 $23,000 $80,440
2016 $1,793 $93,310 $17,500 $75,810
2015 $1,664 $79,060 $17,500 $61,560
2014 $1,511 $71,880 $15,000 $56,880
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 1008728

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 25-36-05-76-0000G.0-0022.00