Check Availability
$279,900
House - In Contract

1081 Madrid Road

Rockledge, FL 32955
bedrooms
3 Beds
bathrooms
2 Baths
$1,442
Estimated 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
-
Days on Market
-
Land Size
0.18 acres
Price per sqft
-
Property Type
House
Property Taxes
$67
HOA Dues
-
Year Built
1964

Listed By

Jennifer Hendry
Keller Williams Realty Brevard
Last updated: 18 days ago (Space Coast MLS #1007304)

Price History

Date / Event Date Event Price
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
Show More

Property Highlights

Parking Available
Air Conditioning
Parking Details
Parking Features: Off Street
Interior Details

Bedroom Information

Bedrooms: 3

Bathroom Information

Full Bathrooms: 2

Interior Information

Appliances: Dryer, Electric Range, Electric Water Heater, Refrigerator, Washer
Flooring Type: Laminate, Terrazzo
Living Area Square Feet Source: Owner

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 Quality: D
  • Construction Type: Masonry
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool

    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: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,524
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: KINGS GRANT UNIT 2
  • Land Acres: 0.18
  • Standard Land Use Code: Single family residential
  • Legal Description 1: KINGS GRANT UNIT 2 LOT 2 BLK 5

Ownership

  • Current Owner : WHEELER WALLACE G
  • Current Owner 2: SPERA ELLEN LOUISE
  • Previous Owner : HIS OWN LLC
  • Owner Before Previous Owner: NOBLES BETH M
  • Owner Before Previous Owner 2: BENEFICIAL FLORIDA INC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants
  • Owner Generation Identifier: JR

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: $725
  • Intital Tax Deliquent 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: 1
  • Total Open Liens Amount: $83,771
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Aug 20, 2010
  • First Open Lien Mortgage Loan Amount: $83,771
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2040

    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 Transaction ID: 11445900212
  • Current Sale Price: $84,900
  • Current Sale Document Type: Warranty Deed
  • 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: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Aug 20, 2010
  • First Mortgage Loan Amount: $83,771
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Sep 01, 2040

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
-
$268,500 Apr 21, 2022
$268,500 May 27, 2022
$157/mo
House
3 Beds
2 Baths
-
$265,000 Jun 24, 2021
$265,000 Aug 13, 2021
$141/mo
House
3 Beds
2 Baths
-
$249,000 Apr 2, 2021
$249,000 Apr 26, 2021
$52/mo
House
3 Beds
2 Baths
-
$225,000 Nov 13, 2018
$225,000 Jan 23, 2019
$224/mo
House
3 Beds
2 Baths
-
$275,000 Apr 12, 2023
$275,000 Oct 6, 2023
$222/mo
House
3 Beds
3 Baths
-
$265,000 Jul 6, 2015
$265,000 Aug 19, 2015
$327/mo
House
3 Beds
1 Bath
-
$289,900 Feb 24, 2024
-
-
In Contract
House
3 Beds
2 Baths
-
$309,000 Mar 21, 2024
-
$187/mo
In Contract
House
3 Beds
2 Baths
-
$299,900 Apr 26, 2024
-
$153/mo
House
3 Beds
1 Bath
1,012 ft²
$227/ft²
$230,000 Dec 6, 2023
-
$175/mo
House
3 Beds
1 Bath
-
$230,000 Mar 26, 2024
-
-
Condo
3 Beds
2 Baths
1,436 ft²
$207/ft²
$297,900 Feb 19, 2024
-
$624/mo

About Kings Grant


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Frequently Asked Questions

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 $333,199.
What are some comparable homes to 1081 Madrid Road?
Homes that are comparable to 1081 Madrid Road include a house property at 1109 Basalona Drive, a condo property at 1600 Woodland Drive, a house property at 1080 Madrid Road.

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