NOT LISTED FOR SALE

1037 Banks St NW Palm Bay, FL 32907

Northwest Palm Bay Neighborhood

Estimated Value: $266,000 - $291,000

3 Beds
2 Baths
1,387 Sq Ft
$199/Sq Ft Est. Value

Last Sold August 09, 2016

Last sale price $120,000 $87 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $1,597/month

87 Days on Market

Highlights

  • No HOA
  • Eat-In Kitchen
  • Central Heating and Cooling System
  • 2 Car Attached Garage
  • 1-Story Property
  • Dining Room

About This Home

As of August 2016

Multiple offer situation Highest and best due in by 5:00 05-25-2016 will be answer by 05-25-2016 Endless possibility's large yard backing a canal. Walk to the park at end of street. 3 bedroom 2 baths 2 car garage This home needs updating and is sold ASIS but every thing is functional. Don't miss out on this opportunity call your agent today.

Last Agent to Sell the Property

Michael Holcomb

Casablanca Realty, Inc. Listed on: 05/12/2016

Last Buyer's Agent

Mitchell Skubak

Premium Properties Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $696

Year Built

  • Built in 1987

Lot Details

  • 10,454 Sq Ft Lot
  • South Facing Home
  • Chain Link Fence

Parking

  • 2 Car Attached Garage

Home Design

  • Fixer Upper
  • Brick Exterior Construction
  • Frame Construction
  • Shingle Roof
  • Wood Siding
  • Asphalt

Interior Spaces

  • 1,387 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Dining Room
  • Vinyl Flooring
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Schools

  • Meadowlane Elementary School
  • Central Middle School
  • Heritage High School

Utilities

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

Community Details

  • No Home Owners Association
  • Port Malabar Unit 42 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 28-36-26-Kn-01998.0-0019.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$696

Year Built

Built in 1987

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1987
  • Reso Property Sub Type: Single Family Residence
  • Road Surface Type: Asphalt
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Port Malabar Unit 42
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Reso Property Condition: Fixer
  • Location Tax and Legal Parcel Number2: 28-36-26-Kn-01998.0-0019.00
  • Location Tax and Legal Elementary School: Meadowlane
  • Location Tax and Legal Middle School2: Central
  • Location Tax and Legal High School: Heritage
  • Location Tax and Legal Tax Annual Amount: 695.7
  • Location Tax and Legal Tax Year2: 2015
  • General Property Information Living Area2: 1387.0
  • General Property Information Building Area Total3: 1847.0
  • General Property Information Lot Size Acres: 0.24
  • General Property Information Lot Size Square Feet2: 10454.0
  • 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
  • Fencing Fenced2: Yes
  • Levels One: Yes
  • Road Surface Type Asphalt: Yes
  • Roof:Shingle: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Fencing Chain Link: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • Room Types Dining Room: Yes
  • General Property Information Lot Size Dimensions: 80.0 ft x 131.0 ft
  • Flooring Vinyl: Yes
  • Property Condition Fixer: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Eat-in Kitchen, Split Bedrooms
  • Flooring: Vinyl
  • Appliances: Electric Water Heater, None
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning, Other
  • ResoLivingAreaSource: PublicRecords
  • Appliances:Electric Water Heater: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Split Bedrooms: Yes
  • Fireplace Features:Wood Burning: Yes
  • Appliances:None: Yes

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Fencing: Chain Link, Fenced
  • Acres: 0.24
  • Waterfront: No
  • Construction Type: Frame, Wood Siding
  • Direction Faces: South
  • Construction Materials:Frame: Yes
  • Construction Materials:Wood Siding: Yes
  • Construction Materials:Brick2: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Utilities: Cable Available, Electricity Connected, Water Available
  • Heating: Central
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • 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: Central

Lot Info

  • Lot Dimensions: 80.0 ft x 131.0 ft
  • Lot Size Sq Ft: 10454.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2806999
  • Parcel #: 28-36-26-Kn-01998.0-0019.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 695.7

MLS Schools

  • Elementary School: Meadowlane
  • High School: Heritage

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2016
Closed on
Aug 11, 2016
Sold by
Kathleen Oconnor
Bought by
Guy Christine
Seller's Agent
Michael Holcomb
Casablanca Realty, Inc.
Buyer's Agent
Mitchell Skubak
Premium Properties Real Estate
List Price
$115,000
Sold Price
$120,000
Premium/Discount to List
$5,000
4.35%
Current Estimated Value
$276,045

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,045
Avg. Annual Appreciation
9.53%
Original Mortgage
$117,335
Interest Rate
3.45%

Purchase Details

Closed on
Apr 27, 2009
Sold by
Creagan Kelly A and Rainbolt Kelly A
Bought by
Oconnor Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
5.01%

Purchase Details

Closed on
May 27, 2005
Sold by
Johnson Julia Claire and Estate Of Claire H Summers
Bought by
Rainbolt Kelly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,800
Interest Rate
5.69%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 26, 2005
Sold by
Johnson Julia Claire and Beaudry Melissa Kay
Bought by
Rainbolt Kelly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,800
Interest Rate
5.69%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 9, 2001
Sold by
Fisher John W and Fisher Patricia A
Bought by
Summers Thomas H and Summers Claire H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
7.09%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Guy Christine -- --
Oconnor Kathleen $85,000 Peninsula Title Services Llc
Rainbolt Kelly A -- Legal Title Services
Rainbolt Kelly A $186,000 Legal Title Services
Summers Thomas H $71,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guy Christine $107,773
Closed Fisher John W $117,335
Closed Fisher John W --
Closed Guy Christine $117,335
Previous Owner Oconnor Kathleen $68,000
Previous Owner Rainbolt Kelly A $148,800
Previous Owner Rainbolt Kelly A $148,800
Previous Owner Summers Thomas H $40,000
Previous Owner Fisher John W $62,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2016 08/09/16 Sold $120,000 +4.3% $87 / Sq Ft
05/31/2016 05/31/16 Pending -- -- --
05/12/2016 05/12/16 For Sale $115,000 0.0% $83 / Sq Ft
05/01/2016 05/01/16 Pending -- -- --
04/02/2016 04/02/16 For Sale $115,000 0.0% $83 / Sq Ft
03/24/2016 03/24/16 Pending -- -- --
03/04/2016 03/04/16 For Sale $115,000 -- $83 / 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
2024 $1,511 $121,660 -- --
2023 $1,511 $118,120 $0 $0
2022 $1,432 $114,680 $0 $0
2021 $1,449 $111,340 $0 $0
2020 $1,417 $109,810 $0 $0
2019 $1,563 $107,350 $0 $0
2018 $1,524 $105,350 $0 $0
2017 $1,538 $103,190 $6,800 $96,390
2016 $681 $58,990 $5,000 $53,990
2015 $696 $58,580 $4,200 $54,380
2014 $702 $58,120 $4,200 $53,920
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2016

    Michael Holcomb

    Casablanca Realty, Inc.

  • M

    Buyer's Agent in 2016

    Mitchell Skubak

    Premium Properties Real Estate

See All Agents

Map

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

MLS Number: 748320

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-36-26-KN-01998.0-0019.00

Florida Brevard County Palm Bay 32907 Northwest Palm Bay

1037 Banks St NW, Palm Bay, FL

This home is located at 1037 Banks St NW, Palm Bay, FL 32907 since 12 May 2016 and is currently estimated at $276,045, approximately $199 per square foot. This property was built in 1987. 1037 Banks St NW is a home located in Brevard County with nearby schools including Discovery Elementary School, Central Middle School, and Heritage High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Space Coast MLS (Space Coast Association of REALTORS®) 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.

Nearby Homes