When was property at 1081 Madrid Road built and last sold?

The property at 1081 Madrid Road was built in 1964 and last sold on Aug 18, 2010 for $84,900.

How much is this home worth?

The estimated value of the home located at 1081 Madrid Road is $291,941.

What are some comparable homes to 1081 Madrid Road?

There are currently no comparable homes to 1081 Madrid Road.

Rockledge

32955

Kings Grant

1081 Madrid Road

Sold on Jun 7, 2024

Map

$255,000

● House - Off Market

1081 Madrid Road

Rockledge, FL 32955

3 Beds

2 Baths

1,788 Ft²

$1,442

Est. Monthly

9.57%

Cap Rate

About This Property

Investor Alert! Seller is motivated and needs to move! This 3 bed, 2 bath concrete block retreat showcases a newer metal roof and hot water heater. With terrazzo floors awaiting refinishing and a canvas waiting for your personal touch with a fresh coat of paint, this property beckons you to unleash your creativity and transform it into your dream home. Lounge by the pool, unwind in the hot tub, or envision converting the spacious shed into your ultimate haven, whether it be a captivating man cave, inspiring craft room, or seamless home extension. Immerse yourself in the excitement of nearby rocket launches from the comfort of your own backyard, all while relishing the convenience of being just moments away from shopping, the sandy shores of Cocoa Beach, and the vibrant attractions of Orlando. This is more than just a home-it's an unparalleled opportunity to create the lifestyle you've always dreamed of

Unit Size

1,788 Ft²

Days on Market

90 days

Land Size

0.18 acres

Price per sqft

$157

Property Type

House

Property Taxes

$67

HOA Dues

Year Built

1964

Payment Calculator

Cap Rate Calculator

Last updated: 4 months ago (Space Coast MLS #1007304)

Price History

Date / Event	Date	Event
Jun 7, 2024	Sold	Premium
Sold
May 8, 2024	In contract	-
In contract
May 4, 2024	Relisted	$279,900
Relisted
May 1, 2024	Price Decreased	$279,900 ↓ $50K (15.2%)
Price Decreased
Apr 24, 2024	In contract	-
In contract
Apr 15, 2024	Price Decreased	$329,900 ↓ $20K (5.7%)
Price Decreased
Mar 5, 2024	Listed by Blue Marlin Real Estate	$349,900
Listed by Blue Marlin Real Estate
Aug 20, 2010	Sold	Premium
Sold
Apr 2, 2010	Sold	Premium
Sold

Property Highlights

Parking Available

Air Conditioning

Building Info

Overview

General

Year Built: 1964

Effective Year Built: 2000
Building Count: 1
Total Rooms: 6
Bedroom Count: 3
Bathroom Count: 2
Full Bathrooms: 2
Partial Bathrooms: 2
Bathroom Plumbing Fixtures: 8
Building Condition: 0
Building Quality: 10
Construction Type: 12
Building Style: 0
Exterior Walls Type: 12
Interior Walls Type: 0
Roof Shape Type: 7
Roof Cover Type: 15
Floor Count: 100
Living Units: 1
Floor Cover: 0
Basement Type: 0
Basement Area: 0
Garage Type: 0
Parking Space Count: 0
Patio Type: 69
Porch Type: 126
Pool Type: 8
Location Influence Type: 179

Dimensions

Lot Size Square Feet: 7,841

Lot Size Depth Feet: 1,000
Lot Size Frontage Feet: 800
Total Building Area: 1,596
Gross Building Area: 1,596
Building Area: 1,524
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 1

Heating: 3
Heated Square Feet: 1,524
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: KINGS GRANT UNIT 2
Land Acres: 0000000180
Standard Land Use Code: 1001
County Land Use Code: 0110
State Land Use Code: 001
Legal Description 1: KINGS GRANT UNIT 2 LOT 2 BLK 5

Neighborhood

School District Name: Brevard County School District

Census Tract: 063000

Zoning

Zoning: R2

Geography

Assessors Map Reference: 197

Account Number: 2505187
Parcel: 25-36-08-26-00005.0-0002.00
Block: 5
Lot: 2
Meridian: SEC 08 TWN 25S RNG 36E
Municipality: ROCKLEDGE
Latitude: 28.3268
Longitude: -80.7494

Address

Full Address: 1081 Madrid Rd

Legal Unit: 2
Address - House Number: 1081
Address - Street Name: Madrid
Address - Suffix Type: Rd
State: FL
City Name: Rockledge
Carrier Code: C016
4-Digit Zip Code: 3325
Zip Code: 32955

Valuation

Tax

Total Area: 1,542

Tax Year: 2022
Tax Amount: $72,503
Initial Tax Delinquent Year: 2007
Tax Rate Code Area: 23E0

Appraisal Valuation

Standard Deviation: 0.4997

Valuation Date: Mar 06, 2024
Confidence Score: 70
Final Value: 327,686
High Value: 399,040
Low Value: 256,332

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

Premium
First Open Lien Mortgage Lender:

Premium
First Open Lien Mortgage Recording Date:

Premium
First Open Lien Mortgage Loan Amount:

Premium
First Open Lien Mortgage Term:

Premium
First Open Lien Mortgage Position:

Premium
First Open Lien Mortgage Loan Due Date:

Premium

Market Valuation

Market Total Value: $211,730

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $82,830

Exemptions

Homeowner Exemption: Yes

Sales

Current Sale Contract Date: Aug 18, 2010

Current Sale Recording Date: Aug 20, 2010
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 2010160928
Previous Sale Recording Date: Apr 02, 2010
Previous Sale Contract Date: Apr 01, 2010
Previous Sale Amount: $32,000
Previous Sale Document Type: 71

Last Sale Mortgage

First Mortgage Lender:

Premium

First Mortgage Transaction Date:

Premium
First Mortgage Loan Amount:

Premium
First Mortgage Terms:

Premium
First Mortgage Loan Due Date:

Premium

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Kings Grant

Stats & Trends

Median Asking:

$269,900

Sale Price/ft²

$187

Below Asking

0.05%

Average Days on Market

108

Average Home Size

1173 ft²

Average Home Age

61.5 years

Currently For Sale

2 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 974 Golf Street, Rockledge, FL, 32955

$2,350 /mo

3 Beds
2 Baths
1,197 ft²

974 Golf Street, Rockledge, FL, 32955 Listing by Joseph Gibson

Unit for rent at 15 Travis Street, Cocoa, FL, 32922

$2,200 /mo

2 Beds
2 Baths
1,126 ft²

15 Travis Street #101, Cocoa, FL, 32922 Listing by Dawn Capehart

Unit for rent at 1070 Lee Avenue, Rockledge, FL, 32955

$2,500 /mo

4 Beds
3 Baths
1,000 ft²

1070 Lee Avenue, Rockledge, FL, 32955 Listing by Natia Kleinknecht

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Jennifer Hendry, Blue Marlin Real Estate
Last Updated: 4 months ago
Data Source: Space Coast MLS, MLS# 1007304

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.