NOT LISTED FOR SALE

1225 Stone St NW Palm Bay, FL 32907

Estimated Value: $287,000 - $308,000

-- Bed
-- Bath
-- Sq Ft
10,019 Sq Ft Lot

Last Sold April 20, 2021

Last sale price $28,850

Est. 927% increase in value since last sale

Current estimated payment $1,985/month

2 Days on Market

About This Home

As of April 2021

If you are looking for a buildable lot in a nice area of Palm Bay, look no further! Whether you are planning to build, or invest for a future endeavor, this property is priced right! This partially cleared, city water lot is nicely situated in the NW area of Palm Bay. It's close to major routes and only 5 minutes to Interstate 95! It's very convenient to restaurants, grocery stores and shopping centers. A 22-minute commute will land you at The Florida Institute of Technology, and it's only 15 minutes to the Palm Bay Campus of Eastern FL State College. The St. Johns Heritage Pkwy is nearby for a quick commute to Melbourne. The Atlantic beaches are a short drive, as well, where you'll enjoy many beautiful sunrises! Don't miss this opportunity to get your slice of Florida paradise!

Last Agent to Sell the Property

D.Gale Coldwell

Cheryl Smith Realty, Inc License #3321785 Listed on: 03/16/2021

Cheryl Smith Realty, Inc

Last Buyer's Agent

Non-Member Non-Member Out Of Area

Non-MLS or Out of Area License #nonmls

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $189

Lot Details

  • 10,019 Sq Ft Lot
  • Wooded Lot

Schools

  • Mcauliffe Elementary School
  • Central Middle School
  • Heritage High School

Utilities

  • Septic Tank

Community Details

  • No Home Owners Association
  • Port Malabar Unit 42 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 28-36-27-Kn-01781.0-0010.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$189

Lot Details

0

Listing Details

  • Property Type: Land
  • Reso Property Sub Type: Unimproved Land
  • ResoLotFeatures: Wooded
  • Road Surface Type: Paved
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Port Malabar Unit 42
  • Location Tax and Legal Parcel Number2: 28-36-27-Kn-01781.0-0010.00
  • Location Tax and Legal Elementary School: McAuliffe
  • Location Tax and Legal Middle School2: Central
  • Location Tax and Legal High School: Heritage
  • Location Tax and Legal Tax Annual Amount: 189.43
  • Location Tax and Legal Tax Year2: 2020
  • General Property Information Lot Size Acres: 0.23
  • General Property Information Lot Size Square Feet2: 10019.0
  • General Property Information Waterfront YN: No
  • General Property Information Senior Community YN: No
  • Water Source Public: Yes
  • General Property Information Number Of Lots2: 1.0
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Exterior Features

  • Acres: 0.23
  • Waterfront: No
  • Lot Features:Wooded: Yes

Utilities

  • Water Source: Public
  • 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

  • Number Of Lots: 1
  • Current Use: Residential, Single Family
  • Lot Size Sq Ft: 10019.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 28-36-27-Kn-01781.0-0010.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 189.43

MLS Schools

  • Elementary School: McAuliffe
  • High School: Heritage

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 14, 2023
Sold by
One Third Construction Llc
Bought by
Otlr Bmo 1 Llc
Current Estimated Value
$296,189

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,000,000
Outstanding Balance
$3,601,827
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
-$3,305,638

Purchase Details

Closed on
Feb 9, 2022
Sold by
Rh Asset Holdings Llc
Bought by
One Third Construction Llc

Purchase Details

Listed on
Mar 16, 2021
Closed on
Apr 19, 2021
Sold by
Riordan Timothy F and Riordan Susan D
Bought by
Rh Asset Holdings Llc
Seller's Agent
D.Gale Coldwell
Cheryl Smith Realty, Inc
Buyer's Agent
Non-Member Non-Member Out Of Area
Non-MLS or Out of Area
List Price
$26,000
Sold Price
$28,850
Premium/Discount to List
$2,850
10.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
67.98%

Purchase Details

Closed on
Nov 1, 1995
Sold by
Atlantic Gulf Com Corp
Bought by
Riordan Timothy F and Riordan Susan D
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
Otlr Bmo 1 Llc $100 None Listed On Document
One Third Construction Llc -- Godbold Downing Bill & Rentz P
Rh Asset Holdings Llc $28,900 Baldwin Park Title Llc
Riordan Timothy F $7,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Otlr Bmo 1 Llc $11,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/20/2021 04/20/21 Sold $28,850 +11.0% --
03/17/2021 03/17/21 Pending -- -- --
03/16/2021 03/16/21 For Sale $26,000 0.0% --
03/16/2021 03/16/21 Pending -- -- --
03/14/2021 03/14/21 For Sale $26,000 -- --
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
2025 $4,968 $258,830 -- --
2024 $776 $267,300 -- --
2023 $776 $37,000 $37,000 $0
2022 $520 $26,500 $0 $0
2021 $228 $17,000 $17,000 $0
2020 $189 $12,000 $12,000 $0
2019 $227 $11,000 $11,000 $0
2018 $207 $8,800 $8,800 $0
2017 $196 $1,700 $0 $0
2016 $124 $5,000 $5,000 $0
2015 $113 $4,200 $4,200 $0
2014 $109 $4,200 $4,200 $0
Source: Public Records

Agents Affiliated with this Home

  • D.Gale Coldwell

    Seller's Agent in 2021

    D.Gale Coldwell

    Cheryl Smith Realty, Inc

    (321) 704-2777

    60 Total Sales

    D.Gale Coldwell
    Section Image

  • N

    Buyer's Agent in 2021

    Non-Member Non-Member Out Of Area

    Non-MLS or Out of Area

See All Agents

Map

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

MLS Number: 899467

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-36-27-KN-01781.0-0010.00

Florida Brevard County Palm Bay 32907

1225 Stone St NW, Palm Bay, FL

This home is located at 1225 Stone St NW, Palm Bay, FL 32907 since 16 March 2021 and is currently estimated at $296,189. 1225 Stone St NW is a home located in Brevard County with nearby schools including Christa McAuliffe 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.

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