NOT LISTED FOR SALE

Estimated Value: $272,000 - $294,000

2 Beds
2 Baths
1,393 Sq Ft
$202/Sq Ft Est. Value

Last Sold November 06, 2020

Last sale price $193,500 $139 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $2,061/month

52 Days on Market

Highlights

  • Clubhouse
  • Hurricane or Storm Shutters
  • 1 Car Attached Garage
  • Community Pool
  • Porch
  • Eat-In Kitchen

About This Home

As of November 2020

Check out this Key West style home located in Palm Bay, minutes away from shopping and restaurants. The features of this home include two bedroom, two bathrooms, one car garage, spacious living room / dining room combo, laundry room and screened in porch. The kitchen features granite counter-tops, maple cabinets and a center island great for entertaining. The master suite includes his and her's closets, double sinks, walk-in shower, garden tub and linen closet. Enjoy access to the clubhouse and heated community pool. Make your appointment today!

Last Agent to Sell the Property

Lykim Wengert

RE/MAX Elite License #3226229 Listed on: 08/11/2020

RE/MAX Elite

Last Buyer's Agent

Mary Ann Thompson

RE/MAX Solutions License #3268373

RE/MAX Solutions

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,120

Year Built

  • Built in 2004

Lot Details

  • 4,356 Sq Ft Lot
  • East Facing Home

HOA Fees

  • $225 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 1,393 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Hurricane or Storm Shutters
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Dual Closets
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Outdoor Features

  • Porch

Schools

  • Riviera Elementary School
  • Stone Middle School
  • Palm Bay High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 28-37-28-25-0000b.0-0007.00

Community Details

Overview

  • Bimini Bay Association
  • Bimini Bay Subdivision
  • Maintained Community

Amenities

  • Clubhouse

Recreation

  • Community Pool
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,120

Year Built

Built in 2004

Lot Details

0

HOA Fees

$225 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2004
  • Reso Property Sub Type: Single Family Residence
  • Reso Association Amenities: Clubhouse, Maintenance Grounds, Maintenance Structure, Management - Full Time, Park
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Bimini Bay
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: Yes
  • Location Tax and Legal Parcel Number2: 28-37-28-25-0000b.0-0007.00
  • Location Tax and Legal Elementary School: Riviera
  • Location Tax and Legal Middle School2: Stone
  • Location Tax and Legal High School: Palm Bay
  • Location Tax and Legal Tax Annual Amount: 3119.87
  • Location Tax and Legal Tax Year2: 2019
  • General Property Information Living Area2: 1393.0
  • General Property Information Building Area Total3: 1723.0
  • General Property Information Lot Size Acres: 0.1
  • General Property Information Lot Size Square Feet2: 4356.0
  • 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: East
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • General Property Information Community Fee(s) YN: Yes
  • Levels One: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • Room Types Laundry: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Eat-in Kitchen, His and Hers Closets, Primary Bathroom - Tub with Shower, Primary Bathroom -Tub with Separate Shower, Split Bedrooms
  • Flooring: Tile
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Pool Features:Community: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:His and Hers Closets: Yes

Exterior Features

  • Exterior Features: Storm Shutters
  • Pool Features: Community
  • Roof: Shingle, Other
  • Acres: 0.1
  • Waterfront: No
  • Construction Type: Block, Concrete, Other
  • Direction Faces: East
  • Patio And Porch Features: Porch
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Patio and Porch Features:Porch: Yes
  • Exterior Features:Storm Shutters: Yes
  • Construction Materials:Other15: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes

Utilities

  • Cooling: Central Air
  • Utilities: Water Available
  • Heating: Central
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 225.0
  • Association Fee Frequency: Monthly
  • Association Name: BIMINI BAY
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: BIMINI BAY
  • General Property Information:Association Fee: 225.0
  • General Property Information:Association Fee Frequency: Monthly
  • Association Amenities:Clubhouse: Yes
  • Association Amenities:Park: Yes

Schools

  • Middle Or Junior School: Stone

Lot Info

  • Lot Size Sq Ft: 4356.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2860875
  • Parcel #: 28-37-28-25-0000b.0-0007.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 3119.87

MLS Schools

  • Elementary School: Riviera
  • High School: Palm Bay

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 28, 2021
Sold by
Walt Sheridan
Bought by
Walt Sheridan Kay and Sheridan Kay Walt Revocable Tr
Current Estimated Value
$297,816

Purchase Details

Listed on
Aug 11, 2020
Closed on
Nov 6, 2020
Sold by
Tey Samuel
Bought by
Walt Sheridan
Seller's Agent
Lykim Wengert
RE/MAX Elite
Buyer's Agent
Mary Ann Thompson
RE/MAX Solutions
List Price
$199,900
Sold Price
$193,500
Premium/Discount to List
-$6,400
-3.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.64%
Original Mortgage
$88,500
Outstanding Balance
$79,776
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$220,662

Purchase Details

Closed on
Feb 17, 2005
Sold by
Boyd Barbara A
Bought by
Tey Samuel and Tey Eunice C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
4.75%

Purchase Details

Closed on
Feb 10, 2004
Sold by
Bimini Bay Development Llc
Bought by
Boyd Barbara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,900
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
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
Walt Sheridan Kay -- Accommodation
Walt Sheridan $193,500 Supreme Title Closing Llc
Tey Samuel $195,000 Twin Rivers Title Llc
Boyd Barbara A $35,000 Twin Rivers Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walt Sheridan $88,500
Previous Owner Tey Samuel $156,000
Previous Owner Boyd Barbara A $123,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2020 11/06/20 Sold $193,500 -3.2% $139 / Sq Ft
10/02/2020 10/02/20 Pending -- -- --
08/11/2020 08/11/20 For Sale $199,900 0.0% $144 / Sq Ft
10/01/2015 10/01/15 Rented $1,050 0.0% --
09/24/2015 09/24/15 For Rent $1,050 +10.5% --
04/27/2013 04/27/13 Rented $950 0.0% --
04/27/2013 04/27/13 Under Contract -- -- --
01/30/2013 01/30/13 For Rent $950 +5.6% --
02/01/2012 02/01/12 Rented $900 -5.3% --
01/31/2012 01/31/12 Under Contract -- -- --
09/06/2011 09/06/11 For Rent $950 -- --
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
2023 $2,467 $178,080 $0 $0
2022 $2,355 $172,900 $0 $0
2021 $2,396 $167,870 $40,000 $127,870
2020 $2,927 $143,410 $35,000 $108,410
2019 $3,120 $149,460 $35,000 $114,460
2018 $2,875 $141,410 $25,000 $116,410
2017 $2,739 $133,400 $25,000 $108,400
2016 $2,547 $131,920 $25,000 $106,920
2015 $2,218 $96,100 $20,000 $76,100
2014 $2,122 $90,250 $20,000 $70,250
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 882574

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-37-28-25-0000B.0-0007.00