NOT LISTED FOR SALE

1198 Colonial Ave SE Palm Bay, FL 32909

Estimated Value: $325,000 - $355,000

4 Beds
2 Baths
1,828 Sq Ft
$189/Sq Ft Est. Value

Last Sold May 02, 2023

Last sale price $348,165 $190 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $1,927/month

67 Days on Market

Highlights

  • New Construction
  • No HOA
  • Porch
  • 0.46 Acre Lot
  • Hurricane or Storm Shutters
  • 2 Car Attached Garage

About This Home

As of May 2023

Brand new traditional Cali, 4 Bedroom, 2 bath, 2 car garage. Open floor plan with large kitchen island and walk in pantry. Primary bedroom easily fits king size furniture and more, with an oversized walk-in closet and large linen closet. Tile everywhere except the bedrooms. Kitchen boasts 36'' cabinets, all stainless steel appliances including refrigerator. Blinds on all windows, Garage door opener, Smart home package along with Trussed covered lanai. Fully sodded lawn, shrubs and mulch upfront. All homesites are large enough to accommodate a pool down the road. No HOA rules or fees. Photos used for illustrative purposes and do not depict actual home.

Last Agent to Sell the Property

Liz Boley

EXP Realty, LLC License #3344315 Listed on: 02/13/2023

EXP Realty, LLC

Last Buyer's Agent

Dario Nunez

RE/MAX Elite License #3282297

RE/MAX Elite

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $482

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 0.46 Acre Lot
  • Northeast Facing Home

Parking

  • 2 Car Attached Garage

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,828 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Home Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Schools

  • Turner Elementary School
  • Southwest Middle School
  • Bayside High School

Utilities

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

Additional Features

  • Energy-Efficient Thermostat
  • Porch

Community Details

  • No Home Owners Association
  • Port Malabar Unit 12 Association
  • Port Malabar Unit 12 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 29-37-07-Gn-00524.0-0006.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$482

Year Built

Built in 2022 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2022
  • Reso Property Sub Type: Single Family Residence
  • ResoSecurityFeatures: Smoke Detector(s)
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Port Malabar Unit 12
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: Yes
  • Efficiency: Thermostat
  • Location Tax and Legal Parcel Number2: 29-37-07-Gn-00524.0-0006.00
  • Location Tax and Legal Elementary School: Turner
  • Location Tax and Legal Middle School2: Southwest
  • Location Tax and Legal High School: Bayside
  • Location Tax and Legal Tax Annual Amount: 482.32
  • Location Tax and Legal Tax Year2: 2022
  • General Property Information Living Area2: 1828.0
  • General Property Information Lot Size Acres: 0.46
  • General Property Information Lot Size Square Feet2: 20038.0
  • 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: Northeast
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Levels One: Yes
  • Roof:Shingle: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Flooring Carpet: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • Pets Allowed Call: Yes
  • Room Types Laundry: Yes
  • General Property Information:Pool Private YN: No
  • Special Features: 4098
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Kitchen Island, Pantry, Primary Bathroom - Tub with Shower, Split Bedrooms, Walk-In Closet(s)
  • Flooring: Carpet, Tile
  • Appliances: Dishwasher, Disposal, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Total Bedrooms: 7
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Walk-In Closet(s): Yes

Exterior Features

  • Exterior Features: Storm Shutters
  • Pool Features: None
  • Roof: Shingle
  • Acres: 0.46
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: Northeast
  • Patio And Porch Features: Porch
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio and Porch Features:Porch: Yes
  • Exterior Features:Storm Shutters: 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, Electric
  • Utilities: Cable Available, Water Available
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Name: PORT MALABAR UNIT 12
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No
  • General Property Information:Association Name: PORT MALABAR UNIT 12

Schools

  • Middle Or Junior School: Southwest

Lot Info

  • Lot Size Sq Ft: 20038.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2927647
  • Parcel #: 29-37-07-Gn-00524.0-0006.00

Green Features

  • Green Energy Efficient:Thermostat: Yes

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 482.32

MLS Schools

  • Elementary School: Turner
  • High School: Bayside

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2023
Closed on
May 2, 2023
Sold by
D R Horton Inc
Bought by
Zeo Ruth Amelia and Zeo Quisqueya Altagracia
Seller's Agent
Liz Boley
EXP Realty, LLC
Buyer's Agent
Dario Nunez
RE/MAX Elite
List Price
$348,165
Sold Price
$348,165
Current Estimated Value
$344,623

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,542
Avg. Annual Appreciation
-0.43%
Original Mortgage
$341,858
Outstanding Balance
$332,767
Interest Rate
6.42%
Mortgage Type
FHA
Estimated Equity
$11,856

Purchase Details

Listed on
Jan 21, 2022
Closed on
Mar 30, 2022
Sold by
Champagne Investment Enterprises Llc
Bought by
Jja Investments-Palm Bay Llc
Seller's Agent
Rachel Rodriguez
Builders Land Associates
Buyer's Agent
John Krause
AHR Real Estate
List Price
$39,000
Sold Price
$37,500
Premium/Discount to List
-$1,500
-3.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
672.41%

Purchase Details

Closed on
Nov 12, 2021
Sold by
Scott Gregory A and Scott Marguerite R
Bought by
Cltampagne In Vestinent Enlerprlses Llc

Purchase Details

Closed on
May 16, 2011
Sold by
Scott Marguerite R
Bought by
Scott Marguerite R and Scott Gregory A
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Zeo Ruth Amelia $348,165 Dhi Title Of Florida
Jja Investments-Palm Bay Llc $37,500 Dhi Title Of Florida
Jja Investments-Palm Bay Llc $37,500 Dhi Title Of Florida
Cltampagne In Vestinent Enlerprlses Llc $22,000 Townsend Title Ins Agcy
Scott Marguerite R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zeo Ruth Amelia $341,858
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2023 05/02/23 Sold $348,165 0.0% $190 / Sq Ft
02/13/2023 02/13/23 Pending -- -- --
02/13/2023 02/13/23 For Sale $348,165 0.0% $190 / Sq Ft
12/08/2022 12/08/22 Pending -- -- --
12/08/2022 12/08/22 For Sale $348,165 +828.4% $190 / Sq Ft
03/30/2022 03/30/22 Sold $37,500 0.0% --
02/04/2022 02/04/22 Pending -- -- --
01/31/2022 01/31/22 Price Changed $37,500 -3.8% --
01/21/2022 01/21/22 For Sale $39,000 0.0% --
12/06/2021 12/06/21 Pending -- -- --
12/02/2021 12/02/21 Price Changed $39,000 -2.5% --
11/30/2021 11/30/21 Price Changed $40,000 -4.8% --
11/18/2021 11/18/21 For Sale $42,000 -- --
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 $757 $291,590 -- --
2023 $757 $36,000 $36,000 $0
2022 $482 $24,500 $0 $0
2021 $225 $17,000 $17,000 $0
2020 $189 $12,500 $12,500 $0
2019 $272 $11,000 $11,000 $0
2018 $251 $8,400 $8,400 $0
2017 $252 $1,750 $0 $0
2016 $124 $5,400 $5,400 $0
2015 $117 $5,000 $5,000 $0
2014 $103 $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: 952196

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 29-37-07-GN-00524.0-0006.00