NOT LISTED FOR SALE

1188 Cabot Dr NE Palm Bay, FL 32905

Estimated Value: $193,000 - $227,000

2 Beds
1 Bath
901 Sq Ft
$238/Sq Ft Est. Value

Last Sold June 28, 2019

Last sale price $125,000 $139 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $1,211/month

10 Days on Market

Highlights

  • Boat Dock
  • Open Floorplan
  • Dual Closets
  • Boat Ramp
  • No HOA
  • Laundry Room

About This Home

As of June 2019

Don't let this charming fully remolded concrete bock home get away from you. This home lets you live the Florida life style to the fullest being located next to Goode Park with boat ramp to access the river. New windows and carpet throughout the home.

Last Agent to Sell the Property

Ashley Westbrook

RE/MAX Solutions License #3308178 Listed on: 05/21/2019

RE/MAX Solutions

Co-Listed By

Lindsay Sanger Norton

RE/MAX Solutions License #3072098

Last Buyer's Agent

Cara Mattingly

Florida Homes Rlty. & Mtg. LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,169

Year Built

  • Built in 1960

Lot Details

  • 7,405 Sq Ft Lot
  • East Facing Home
  • Wood Fence
  • Chain Link Fence
  • Front and Back Yard Sprinklers

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Asphalt

Interior Spaces

  • 901 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Concrete Flooring
  • Electric Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Dual Closets
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Boat Ramp
  • Shed

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 28-37-25-06-00010.0-0007.00

Community Details

Overview

  • No Home Owners Association
  • Port Malabar Unit 2 Subdivision

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,169

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1960
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • ResoLotFeatures: Sprinklers In Front, Sprinklers In Rear
  • Road Surface Type: Asphalt
  • Reso Association Amenities: Boat Dock
  • Co List Office Mls Id: rsol
  • Co List Office Phone: 321-766-5674
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Port Malabar Unit 2
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Reso Other Structures: Shed(s)
  • Location Tax and Legal Parcel Number2: 28-37-25-06-00010.0-0007.00
  • Location Tax and Legal Elementary School: Palm Bay Elem
  • Location Tax and Legal Middle School2: Stone
  • Location Tax and Legal High School: Palm Bay
  • Location Tax and Legal Tax Annual Amount: 1168.73
  • Location Tax and Legal Tax Year2: 2018
  • General Property Information Living Area2: 901.0
  • General Property Information Building Area Total3: 1031.0
  • General Property Information Lot Size Acres: 0.17
  • General Property Information Lot Size Square Feet2: 7405.0
  • 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 Refrigerators: Yes
  • Cooling Central Air: Yes
  • Fencing Fenced2: Yes
  • Fencing Wood2: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Levels One: Yes
  • Road Surface Type Asphalt: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Water Source Well: Yes
  • Fencing Chain Link: Yes
  • General Property Information Carport YN2: No
  • Other Structures Shed(s): Yes
  • Utilities Water Available: Yes
  • Room Types Laundry: Yes
  • Flooring Concrete: Yes
  • Exterior Features Boat Ramp - Private: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Ceiling Fan(s), His and Hers Closets, Open Floorplan
  • Flooring: Concrete, Other
  • Appliances: Electric Range, Electric Water Heater, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • ResoLivingAreaSource: PublicRecords
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:His and Hers Closets: Yes

Exterior Features

  • Exterior Features: Boat Ramp - Private
  • Pool Features: None
  • Roof: Shingle
  • Fencing: Chain Link, Fenced, Wood
  • Acres: 0.17
  • Waterfront: No
  • Construction Type: Block, Concrete
  • Direction Faces: East
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Lot Features:Sprinklers In Rear: Yes

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

  • Cooling: Central Air
  • Utilities: Cable Available, Water Available
  • Heating: Central
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Central: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No
  • Association Amenities:Boat Dock: Yes

Schools

  • Middle Or Junior School: Stone

Lot Info

  • Lot Size Sq Ft: 7405.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 28-37-25-06-00010.0-0007.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 1168.73

MLS Schools

  • Elementary School: Palm Bay Elem
  • High School: Palm Bay

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2019
Closed on
Jun 28, 2019
Sold by
Harding David
Bought by
Wilbanks Shelly A
Seller's Agent
Ashley Westbrook
RE/MAX Solutions
Buyer's Agent
Cara Mattingly
Florida Homes Rlty. & Mtg. LLC
List Price
$140,000
Sold Price
$125,000
Premium/Discount to List
-$15,000
-10.71%
Current Estimated Value
$214,709

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,709
Avg. Annual Appreciation
8.91%
Original Mortgage
$95,000
Outstanding Balance
$73,303
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$141,406

Purchase Details

Closed on
Sep 1, 2016
Sold by
Lwoodson Jacqueline and Westphal Jacqueline I
Bought by
Harding David

Purchase Details

Closed on
Apr 28, 2000
Sold by
Bailey Deborah Jane
Bought by
Westphal Jacqueline I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,664
Interest Rate
8.23%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Wilbanks Shelly A $125,000 Title Solutions Of Fl Llc
Harding David $50,000 Mosley & Wallis Title Svce I
Westphal Jacqueline I $41,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilbanks Shelly A $95,000
Previous Owner Westphal Jacqueline I $40,664
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2019 06/28/19 Sold $125,000 -10.7% $139 / Sq Ft
05/31/2019 05/31/19 Pending -- -- --
05/21/2019 05/21/19 For Sale $140,000 -- $155 / 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 $986 $99,420 -- --
2024 $957 $96,620 -- --
2021 $957 $88,430 $0 $0
2020 $934 $87,210 $18,000 $69,210
2019 $1,272 $59,400 $15,000 $44,400
2018 $1,169 $53,710 $14,000 $39,710
2017 $1,079 $42,720 $12,500 $30,220
2016 $716 $30,890 $9,000 $21,890
2015 $670 $27,500 $9,000 $18,500
2014 $627 $25,130 $9,000 $16,130
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 845586

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-37-25-06-00010.0-0007.00