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Sebastian 32958
442 Memorial Avenue
$92,500
● House - Off Market

442 Memorial Avenue

Sebastian, FL 32958
bedrooms
2 Beds
bathrooms
2 Baths
$214,356
RealtyHop Estimate
95.05%
Since Dec 1, 2013
National-US
Primary Model

About This Property

APPROVED OFFER AWAITING SELLER SIGNATURE. Clean, bright open home with 2 bedrooms, 2 baths and a screened in sparkling blue pool located on a one-way street and next to a huge parcel of land with a small cottage on it. Offers open to Owner occupants now and this property is eligible under the Freddie Mac First Look Initiative so investors can place offers on  XX/XX/XX.  Homesteps financing available--see attachments with information for the selling agent
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1989

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (Space Coast MLS #674915)

Price History

Date / Event Date Event Price
Mar 16, 2020 Sold
Premium
Sold
Nov 25, 2013 Sold
Premium
Sold
Aug 8, 2013 Listed by Coldwell Banker Paradise $109,900
Listed by Coldwell Banker Paradise

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 25
  • Exterior Walls Type: 23
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 6
  • Garage Type: 1
  • Garage Square Area: 460
  • Parking Space Count: 2
  • Patio Type: 55
  • Porch Type: 111
  • Pool Type: 8
  • Location Influence Type: 131

    Dimensions

  • Lot Size Square Feet: 10,019
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,681
  • Gross Building Area: 1,706
  • Building Area: 1,221
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,221
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SEBASTIAN HIGHLANDS UNIT 11
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: SEBASTIAN HIGHLANDS UNIT 11 BLK 367 LOT 4 PBI 7-56F

Neighborhood

  • School District Name: Indian River County School District
  • Census Tract: 050810

Zoning

  • Zoning: RS-10

Geography

  • Parcel: 31-38-25-00001-3670-00004.0
  • Block: 367
  • Lot: 4
  • Meridian: SEC 25 TWN 31S RNG 38E
  • Municipality: CITY OF SEBASTIAN
  • Latitude: 27.755
  • Longitude: -80.4797

    Address

  • Full Address: 442 Memorial Ave
  • Legal Unit: 11
  • Address - House Number: 442
  • Address - Street Name: Memorial
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Sebastian
  • Carrier Code: R021
  • 4-Digit Zip Code: 6650
  • Zip Code: 32958

Valuation

    Tax

  • Total Area: 1,548
  • Tax Year: 2022
  • Tax Amount: $287,098
  • Tax Rate Code Area: 2

    Appraisal Valuation

  • Standard Deviation: 0.2046
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 72
  • Final Value: 356,544
  • High Value: 429,499
  • Low Value: 283,589

    Market Valuation

  • Market Total Value: $240,814
  • Market Land Value: $35,020
  • Market Improvement Value: $205,794

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $204,737

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 13, 2020
  • Current Sale Recording Date: Mar 16, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3120200016062
  • Previous Sale Recording Date: Nov 25, 2013
  • Previous Sale Contract Date: Nov 08, 2013
  • Previous Sale Amount: $92,500
  • Previous Sale Document Type: 68
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Sebastian

Stats & Trends

Median Asking:

$369,900

Sale Price/ft²

$222

Below Asking

0.02%

Average Days on Market

74

Average Home Size

1812 ft²

Average Home Age

26.8 years

Currently For Sale

140 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 6375 86th Lane, Vero Beach, FL, 32967

$1,900 /mo

  • Studio
  • 2 Baths
  • 1,211 ft²
6375 86th Lane, Vero Beach, FL, 32967 Listing by Saundra Rangel

Rentals Near You

Click here to view more rentals in the neighborhood.
SpaceCoast

Listed by: Margaret Langon-Antiposti, Coldwell Banker Paradise
Last Updated: 3 years ago
Data Source: Space Coast MLS, MLS# 674915
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.

Frequently Asked Questions

When was property at 442 Memorial Avenue built and last sold?
The property at 442 Memorial Avenue was built in 1989 and last sold on Mar 13, 2020 for $217,000.
How much is this home worth?
The estimated value of the home located at 442 Memorial Avenue is $0.
What are some comparable homes to 442 Memorial Avenue?
There are currently no comparable homes to 442 Memorial Avenue.
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