NOT LISTED FOR SALE

1026 Merrimac St SE Palm Bay, FL 32909

Estimated Value: $328,000 - $348,000

4 Beds
2 Baths
1,858 Sq Ft
$183/Sq Ft Est. Value

Last Sold February 23, 2021

Last sale price $245,900 $132 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $2,171/month

156 Days on Market

Highlights

  • New Construction
  • Great Room
  • Porch
  • Vaulted Ceiling
  • No HOA
  • 2 Car Attached Garage

About This Home

As of February 2021

Move in before the holidays! Pre-construction home includes features considered upgrades with most builder's and not often found in this price range. This home features 4 bedrooms, 2 bathrooms and 2 car garage. Large entry porch leads to vaulted great/dining room with island kitchen. Lots of natural light from large windows and sliding glass doors to the covered lanai. The kitchen offers 36 inch bump and staggered cabinets with soft close doors and drawers, stainless appliances, beautiful granite counters with double under mount sink and side-by-side refrigerator. Luxury vinyl plank flooring and tile throughout. Recessed lighting, 50 gal. hot water tank, R38 insulation, 15 SEER A/C. Smart home features and more.

Last Agent to Sell the Property

Steven Wood

Grande Real Estate Services License #3327556 Listed on: 07/27/2020

Last Buyer's Agent

Jose Ayala

Murray Realty of Brevard License #3231774

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $215

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 10,019 Sq Ft Lot
  • North Facing Home

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,858 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Great Room
  • Laundry Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Patio
  • Porch

Schools

  • Columbia Elementary School
  • Southwest Middle School
  • Bayside High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 29-37-08-Gl-00462.0-0020.00

Community Details

Overview

  • No Home Owners Association
  • Port Malabar Unit 11 Association
  • Port Malabar Unit 11 Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$215

Year Built

Built in 2020 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2020
  • Reso Property Sub Type: Single Family Residence
  • Reso Association Amenities: Laundry
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Port Malabar Unit 11
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: Yes
  • Location Tax and Legal Parcel Number2: 29-37-08-Gl-00462.0-0020.00
  • Location Tax and Legal Elementary School: Columbia
  • Location Tax and Legal Middle School2: Southwest
  • Location Tax and Legal High School: Bayside
  • Location Tax and Legal Tax Annual Amount: 215.15
  • Location Tax and Legal Tax Year2: 2019
  • General Property Information Living Area2: 1858.0
  • General Property Information Building Area Total3: 2453.0
  • General Property Information Lot Size Acres: 0.23
  • General Property Information Lot Size Square Feet2: 10019.0
  • General Property Information New Construction YN: Yes
  • General Property Information Waterfront YN: No
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: North
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Flooring Tile: Yes
  • Levels One: Yes
  • Roof:Shingle: Yes
  • Utilities Cable Available: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • Room Types Great Room: Yes
  • Room Types Laundry: Yes
  • Flooring Vinyl: Yes
  • Association Amenities Laundry2: Yes
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Ceiling Fan(s), Kitchen Island, Pantry, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
  • Flooring: Tile, Vinyl
  • Appliances: Dishwasher, Disposal, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Total Bedrooms: 8
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:Walk-In Closet(s): Yes

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Acres: 0.23
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: North
  • Patio And Porch Features: Patio, Porch
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage Door Opener
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Cable Available, Water Available
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Central: Yes
  • Heating:Electric3: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Name: PORT MALABAR UNIT 11
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No
  • General Property Information:Association Name: PORT MALABAR UNIT 11

Schools

  • Middle Or Junior School: Southwest

Lot Info

  • Lot Size Sq Ft: 10019.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2929410
  • Parcel #: 29-37-08-Gl-00462.0-0020.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 215.15

MLS Schools

  • Elementary School: Columbia
  • High School: Bayside

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2020
Closed on
Feb 19, 2021
Sold by
Palladio Development Llc
Bought by
Mercado Natasha and Mercado Edwin
Seller's Agent
Steven Wood
Grande Real Estate Services
Buyer's Agent
Jose Ayala
Murray Realty of Brevard
List Price
$245,900
Sold Price
$245,900
Current Estimated Value
$339,378

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,478
Avg. Annual Appreciation
7.14%
Original Mortgage
$241,445
Outstanding Balance
$215,946
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$123,432

Purchase Details

Closed on
Aug 9, 2004
Sold by
Guddat Walter W
Bought by
Odom Mark A and Odom Treasa

Purchase Details

Closed on
Apr 29, 2004
Sold by
Rk Properties Llc
Bought by
Guddat Walter W

Purchase Details

Closed on
Jan 5, 2004
Sold by
Bosland Martin
Bought by
Rk Properties Llc
Source: Public Records

Range of Values:

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Average Value
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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
Mercado Natasha $245,900 Peninsula Title Services Llc
Odom Mark A $35,000 Peninsula Title Services Llc
Guddat Walter W $27,800 St Lucie Title Services Inc
Rk Properties Llc $10,000 St Lucie Title Services Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mercado Natasha $241,445
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/23/2021 02/23/21 Sold $245,900 0.0% $132 / Sq Ft
08/09/2020 08/09/20 Pending -- -- --
07/27/2020 07/27/20 Price Changed $245,900 0.0% $132 / Sq Ft
07/27/2020 07/27/20 For Sale $245,900 -1.6% $132 / Sq Ft
05/31/2020 05/31/20 Pending -- -- --
03/15/2020 03/15/20 Price Changed $249,900 +4.2% $134 / Sq Ft
03/06/2020 03/06/20 For Sale $239,900 +1270.9% $129 / Sq Ft
01/30/2020 01/30/20 Sold $17,500 -26.8% -- View Prior Sale
12/19/2019 12/19/19 Pending -- -- --
08/18/2019 08/18/19 For Sale $23,900 -- --
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
2025 $4,523 $284,990 -- --
2024 $5,271 $284,250 -- --
2023 $5,271 $285,990 $0 $0
2022 $4,789 $251,880 $0 $0
2021 $420 $17,000 $17,000 $0
2020 $179 $12,500 $12,500 $0
2019 $215 $11,000 $11,000 $0
2018 $194 $8,400 $8,400 $0
2017 $187 $1,750 $0 $0
2016 $117 $5,400 $5,400 $0
2015 $103 $4,000 $4,000 $0
2014 $97 $3,700 $3,700 $0
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 870177

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 29-37-08-GL-00462.0-0020.00