NOT LISTED FOR SALE
1 Bed
2 Baths
1,240 Sq Ft
1,742 Sq Ft Lot

Sale Details

Date Sold: November 30, 2022

Last sale price $305,000 $246 Per Sq Ft

28 Days on Market

About This Home

As of November 2022

Great investment opportunity, historical two stories building in downtown area. Walking distance to restaurants and high school.

Last Agent to Sell the Property

Rafael Ospina

Cliff Norris Real Estate License #3025922 Listed on: 10/11/2022

Last Buyer's Agent

NON-MLS AGENT

NON MLS

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,137

Year Built

  • Built in 1923

Lot Details

  • 1,742

Parking

  • Off-Street Parking

Home Design

  • Triplex
  • Frame Construction

Interior Spaces

  • 2-Story Property
  • Tile Flooring

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for common area maintenance, insurance, sewer, trash collection, water
  • Tax Lot 13
  • Assessor Parcel Number 33390200007008000013.0

Community Details

Overview

  • Jadan Properties Llc Association
  • Edgewood Subdivision

Recreation

  • Park

Building Details

  • 3 Separate Electric Meters
  • Insurance Expense $732
  • Maintenance Expense $500
  • Operating Expense $4,723
  • Gross Income $25,620
  • Net Operating Income $20,897

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,137

Year Built

Built in 1923

Lot Details

1,742 Sq Ft Lot

Listing Details

  • Property Sub Type: Triplex
  • Prop. Type: Residential Income
  • Lot Size: 1742
  • Subdivision Name: Edgewood
  • Directions: East on SR60, turn left on 15th Ave. Building on the right
  • Unit Levels: Two
  • Building Stories: 2
  • Structure Type: Triplex
  • Year Built: 1923
  • Attribution Contact: 772-562-9700
  • Special Features: None
  • Stories: 2

Interior Features

  • Possible Use: Residential
  • Owner Pays: Common Area Maintenance, Insurance, Sewer, Trash Collection, Water
  • Fireplace: No
  • Flooring: Tile
  • Stories: 2
  • Window Features: None, Single Hung

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Lead Based Paint Disclosure
  • Construction Type: Frame
  • Exterior Features: None
  • Roof: Other

Garage/Parking

  • Parking Features: Off Street

Utilities

  • Laundry Features: None
  • Cooling: Other
  • Heating: Other
  • Sewer: Public Sewer
  • Water Source: Public
  • Annual Utilities Expense: 200.0

Condo/Co-op/Association

  • Community Features: Park
  • Association Name: Jadan Properties LLC

Schools

  • Junior High Dist: Indian River County Schools

Lot Info

  • Parcel #: 33390200007008000013.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Annual Gross Income: 25620.0
  • Insurance Expense: 732.0
  • Maintenance Expense: 500.0
  • Property Net Operating Income: 20897.0
  • Annual Operating Expense: 4723.0
  • Number Of Separate Electric Meters: 3

Tax Info

  • Tax Annual Amount: 1137.0
  • Tax Lot: 13
  • Tax Year: 2021

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
Oct 3, 2025
Sold by
Rusu Daniel
Bought by

Purchase Details

Listed on
Oct 11, 2022
Closed on
Nov 30, 2022
Sold by
Jadan Properties Llc
Bought by
Rusu Daniel
Seller's Agent
Rafael Ospina
Cliff Norris Real Estate
Buyer's Agent
NON-MLS AGENT
NON MLS
List Price
$320,000
Sold Price
$305,000
Premium/Discount to List
-$15,000
-4.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,750
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 31, 2012
Sold by
Gaynor Gregg and Gaynor Dolores
Bought by
Jadan Properties Llc

Purchase Details

Closed on
Feb 3, 2009
Sold by
Forte Peter A and Forte Mary Ann
Bought by
Gaynor Gregg and Gaynor Dolores

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
5.07%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 5, 2004
Sold by
Polce Ermina J
Bought by
Forte Peter A and Forte Mary Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
6.3%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 16, 1999
Sold by
Polce Joseph J and Polce Ermina J
Bought by
Polce Ermina J
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
-- None Listed On Document
Rusu Daniel $305,000 Supreme Title Solutions
Jadan Properties Llc $85,000 Oceanside Title
Gaynor Gregg $125,000 Elite Title Of The Treasure
Forte Peter A $115,000 Elite Title Of The Treasure
Polce Ermina J -- --
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
Previous Owner $228,750
Previous Owner Gaynor Gregg $85,500
Previous Owner Forte Peter A $92,000
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
11/30/2022 11/30/22 Sold $305,000 -4.7% $246 / Sq Ft
11/09/2022 11/09/22 Pending -- -- --
10/11/2022 10/11/22 For Sale $320,000 +276.5% $258 / Sq Ft
05/31/2013 05/31/13 Sold $85,000 -22.0% $69 / Sq Ft View Prior Sale
05/01/2013 05/01/13 Pending -- -- --
05/23/2012 05/23/12 For Sale $109,000 -- $88 / Sq Ft
Source: REALTORS® Association of Indian River County

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
2025 $4,712 $266,358 $17,032 $249,326
2024 $4,418 $258,165 $14,810 $243,355
2023 $4,418 $261,026 $14,810 $246,216
2022 $1,335 $92,538 $11,108 $81,430
2021 $1,137 $67,745 $7,405 $60,340
2020 $1,005 $54,388 $6,375 $48,013
2019 $862 $36,239 $6,375 $29,864
2018 $995 $52,190 $6,375 $45,815
2017 $925 $47,597 $0 $0
2016 $837 $47,200 $0 $0
2015 $689 $28,910 $0 $0
2014 $595 $26,470 $0 $0
Source: Public Records

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Map

Source: REALTORS® Association of Indian River County

MLS Number: 263271

APN: 33-39-02-00007-0080-00013.0

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