NOT LISTED FOR SALE

1035 Malabar Rd Malabar, FL 32950

Estimated Value: $492,000 - $538,111

1 Bed
1 Bath
1,380 Sq Ft
$370/Sq Ft Est. Value

Last Sold September 30, 2024

Last sale price $560,000 $406 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $3,021/month

21 Days on Market

Highlights

  • View of Trees or Woods
  • Wetlands on Lot
  • No HOA
  • 9.68 Acre Lot
  • Wooded Lot
  • Patio

About This Home

As of September 2024

The opportunity this property offers is endless! Zoned as Residential / Limited commercial, you could have a business in the front, house in the back of what equals to 9.68 ACRES!! Large, mature oak trees surrounding a partially cleared amount of the space.

A great chance to start your own family compound as well. The 1 Bedroom 1 bathroom dwelling in the back of property that currently exists has septic, well and electricity already there. Featuring an outside patio area, fireplace, and sizable kitchen. Remodel the existing home to your liking or start from scratch, your choice. The home is not currently habitable however has a great layout for the right family.

Seller is willing to split the parcels and sell only the front 5 Acres or the full 9.68.

Last Agent to Sell the Property

Clinton Luke

Serhant Florida LLC License #3523797 Listed on: 09/26/2024

Serhant Florida LLC

Last Buyer's Agent

Marianne Brownfield

Brownfield R. E. Group. Inc. License #3036308

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,563

Year Built

  • Built in 1981

Lot Details

  • 9.68 Acre Lot
  • Dirt Road
  • South Facing Home
  • Wooded Lot
  • Many Trees
  • May Be Possible The Lot Can Be Split Into 2+ Parcels

Parking

  • Unassigned Parking

Home Design

  • Frame Construction
  • Wood Siding

Interior Spaces

  • 1,380 Sq Ft Home
  • 1-Story Property
  • Views of Woods

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Wetlands on Lot
  • Patio

Schools

  • Port Malabar Elementary School
  • Stone Middle School
  • Palm Bay High School

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 29-37-02-00-00254.0-0000.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,563

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1981
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Many Trees, Split Possible, Wetlands, Wooded
  • Road Surface Type: Dirt
  • Reso View: Trees/Woods
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: None
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 29-37-02-00-00254.0-0000.00
  • Location Tax and Legal Elementary School: Port Malabar
  • Location Tax and Legal Middle School2: Stone
  • Location Tax and Legal High School: Palm Bay
  • Location Tax and Legal Tax Annual Amount: 4563.39
  • Location Tax and Legal Tax Year2: 2022
  • General Property Information Living Area2: 1380.0
  • General Property Information Lot Size Acres: 9.68
  • General Property Information Lot Size Square Feet2: 421661.0
  • General Property Information New Construction YN: No
  • General Property Information Waterfront YN: No
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: South
  • Cooling Central Air: Yes
  • General Property Information Community Fee(s) YN: No
  • Utilities Electricity Connected: Yes
  • Water Source Well: Yes
  • General Property Information Carport YN2: No
  • View TreesWoods: Yes
  • Road Surface Type Dirt: Yes
  • General Property Information CDD Fee YN: No
  • General Property Information Stories2: 1
  • Marketing Remarks:Marketing Remarks: The opportunity this property offers is endless! Zoned as Residential / Limited commercial, you could have a business in the front, house in the back of what equals to 9.68 ACRES!! Large, mature oak trees surrounding a partially cleared amount of the space. A great chance to start your own family compound as well. The 1 Bedroom 1 bathroom dwelling in the back of property that currently exists has septic, well and electricity already there. Featuring an outside patio area, fireplace, and sizable kitchen. Remodel the existing home to your liking or start from scratch, your choice. The home is not currently habitable however has a great layout for the right family. Seller is willing to split the parcels and sell only the front 5 Acres or the full 9.68.
  • General Property Information:Pool Private YN: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Stories: 1

Exterior Features

  • Pool Features: None
  • Acres: 9.68
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Frame, Wood Siding
  • Direction Faces: South
  • Patio And Porch Features: Patio
  • Patio And Porch Features:Patio: Yes
  • Construction Materials:Frame: Yes
  • Construction Materials:Wood Siding: Yes
  • Lot Features:Wooded: Yes
  • Lot Features:Many Trees: Yes
  • Lot Features:Split Possible: Yes
  • Lot Features:Wetlands: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Unassigned
  • General Property Information:Garage YN: No
  • Parking Features:Unassigned: Yes

Utilities

  • Cooling: Central Air
  • Utilities: Electricity Connected
  • Heating: Central
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Central: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: Stone

Lot Info

  • Current Use: Commercial, Mixed Use, Residential, Single Family
  • Lot Size Sq Ft: 421661.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 29-37-02-00-00254.0-0000.00

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4563.39

MLS Schools

  • Elementary School: Port Malabar
  • High School: Palm Bay

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2024
Closed on
Sep 30, 2024
Sold by
Kain Heidi
Bought by
Jones Alan
Seller's Agent
Clinton Luke
Serhant Florida LLC
Buyer's Agent
Marianne Brownfield
Brownfield R. E. Group. Inc.
List Price
$599,000
Sold Price
$560,000
Premium/Discount to List
-$39,000
-6.51%
Views
119
Current Estimated Value
$510,028

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$49,972
Avg. Annual Appreciation
-7.32%

Purchase Details

Closed on
Feb 2, 2024
Sold by
Kain Heidi
Bought by
Kain Heidi

Purchase Details

Closed on
Nov 23, 2021
Sold by
Hirsch William L
Bought by
Kain Heidi

Purchase Details

Closed on
Aug 13, 2021
Sold by
Hirsch Juliana
Bought by
Kain Heidi

Purchase Details

Closed on
Jun 30, 2015
Sold by
Kain Heidi
Bought by
Hirsch Juliana

Purchase Details

Closed on
Nov 18, 2013
Sold by
Hirsch Juliana
Bought by
Hirsch Juliana and Kain Heidi

Purchase Details

Closed on
Jul 8, 2010
Sold by
Kain Heidi
Bought by
Hirsch Juliana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,500
Interest Rate
4.74%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Jan 12, 2005
Sold by
Hirsch Julianna and Hirsch Juliana
Bought by
Hirsch Juliana and Kain Heidi
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jones Alan $560,000 Supreme Title
Kain Heidi $100 None Listed On Document
Kain Heidi -- None Available
Kain Heidi -- None Available
Hirsch Juliana -- None Available
Hirsch Juliana -- None Available
Hirsch Juliana -- None Available
Hirsch Juliana $96,300 Security First Title & Escro
Hirsch Juliana -- Security First Title Partner
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hirsch Juliana $382,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2024 09/30/24 Sold $560,000 -6.5% $406 / Sq Ft
09/26/2024 09/26/24 For Sale $599,000 0.0% $434 / Sq Ft
09/20/2024 09/20/24 Pending -- -- --
08/30/2024 08/30/24 For Sale $599,000 -- $434 / Sq Ft
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 $4,268 $407,890 -- --
2024 $4,563 $266,840 -- --
2023 $4,563 $282,280 $116,160 $166,120
2022 $5,252 $338,260 $0 $0
2021 $1,344 $127,100 $0 $0
2020 $1,336 $125,350 $0 $0
2019 $1,307 $122,540 $0 $0
2018 $1,298 $120,260 $0 $0
2017 $1,304 $117,790 $0 $0
2016 $1,300 $115,370 $69,390 $45,980
2015 $1,333 $114,570 $64,310 $50,260
2014 $1,329 $113,670 $64,310 $49,360
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 1023563

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 29-37-02-00-00254.0-0000.00