NOT LISTED FOR SALE

1298 Malabar Rd SW Palm Bay, FL 32907

Southwest Palm Bay Neighborhood

Estimated Value: $289,651 - $346,000

3 Beds
2 Baths
1,748 Sq Ft
$182/Sq Ft Est. Value

Last Sold April 29, 2021

Last sale price $229,900 $132 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $2,075/month

7 Days on Market

Highlights

  • Open Floorplan
  • Family Room Off Kitchen
  • Laundry closet
  • Vaulted Ceiling
  • 2 Car Attached Garage
  • Tile Flooring

About This Home

As of April 2021

Tennant Occupied Lease $1600 to Expire 1/22/22 3 bed 2 bath home located on corner lot(s). Home features vaulted ceilings in great room, split floor plan and large eat-in kitchen. Fully renovated ,with a lot of build up potential , Upgraded kitchen with Quartz Countertops . Screened in lanai over looks private wooded views. Lots of potential to make this one yours.

Last Agent to Sell the Property

Rafael Garcia

License #3084405 Listed on: 03/13/2021

Last Buyer's Agent

Nick Puglia

EMPIRE NETWORK REALTY License #3461299

EMPIRE NETWORK REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $705

Year Built

  • Built in 2003

Lot Details

  • 0.25 Acre Lot
  • North Facing Home
  • Property is zoned RS2

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,748 Sq Ft Home
  • Open Floorplan
  • Vaulted Ceiling
  • Window Treatments
  • Family Room Off Kitchen
  • Tile Flooring
  • Attic Fan
  • Laundry closet

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank

Community Details

  • Port Malabar Unit 36 Subdivision

Listing and Financial Details

  • Legal Lot and Block 1 / 1695
  • Assessor Parcel Number 29-36-03-KL-01695.0-0001.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$705

Year Built

Built in 2003

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Stucco
  • Living Area: 1748.00
  • Lot Size Acres: 0.25
  • Year Built: 2003
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/S5047808?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/S5047808?w=Customer
  • Lot Size Sq Ft: 32670
  • Down Payment Resource Assistance: https://www.workforce-resource.com/dpr/listing/MFRMLS/S5047808?w=PubMLS
  • Directions to Property: From I-95 take Malabar Rd to Hurley Blvd, Turn Left then 1st Left on Wing.
  • Escrow State: FL
  • List Office Head Office Key Nume: 1042434
  • Status: Sold
  • Street Post Direction: SW
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Room Count: 5
  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 2
  • Interior Amenities: Attic Fan, Kitchen/Family Room Combo, Open Floorplan, Vaulted Ceiling(s)
  • Appliances Included: Dishwasher, Disposal, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Window Features: Window Treatments
  • Living Area Meters: 162.39
  • Street Number Modifier: 1298

Exterior Features

  • Direction Faces: North
  • Exterior Features: Sidewalk
  • Roof: Shingle
  • Flood Zone Code: X
  • Flood Zone Date: 03/17/2014
  • Flood Zone Panel: 12009C0655G

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Utilities: Electricity Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Laundry Closet
  • Sewer: Septic Tank
  • Water Source: Well

Lot Info

  • Total Acreage: 1/4 to less than 1/2
  • Zoning: RS2
  • Parcel Number: 29-36-03-KL-01695.0-0001.00
  • Lot Size Square Meters: 3035

Rental Info

  • Minimum Lease: No Minimum
  • Additional Lease Restrictions: UNKNOWN LEASE RESTRICTIONS. BUYER/BUYERS AGENT TO VERIFY.

Multi Family

  • Approval Process: UNKNOWN APPROVAL PROCESS. BUYER/BUYERS AGENT TO VERIFY.

Tax Info

  • Tax Annual Amount: 705.00
  • Tax Block: 1695
  • Tax Book Number: 19-82
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2021
Closed on
Apr 29, 2021
Sold by
Dve Enterprises Llc
Bought by
Begeman Michael and Begeman Leon
Seller's Agent
Rafael Garcia
Buyer's Agent
Nick Puglia
EMPIRE NETWORK REALTY
List Price
$229,900
Sold Price
$229,900
Current Estimated Value
$318,163

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,263
Avg. Annual Appreciation
7.61%
Original Mortgage
$172,425
Outstanding Balance
$156,016
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$162,147

Purchase Details

Listed on
Apr 14, 2020
Closed on
Jun 30, 2020
Sold by
Reverse Mortgage Funding Llc
Bought by
Dve Enterprises Llc
Seller's Agent
Kara Money
Kara Money, LLC
Buyer's Agent
RPR SSO
Space Coast Assoc of REALTORS
List Price
$199,000
Sold Price
$167,000
Premium/Discount to List
-$32,000
-16.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
51.46%
Original Mortgage
$127,500
Interest Rate
3.2%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 7, 2020
Sold by
Gunn Luz Maria
Bought by
Reverse Mortgage Funding Llc

Purchase Details

Closed on
Dec 6, 2002
Sold by
Coastline Dev Inc
Bought by
Gunn William T and Gunn Luz Maria
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
Begeman Michael $229,900 The Experts Title Team Llc
Dve Enterprises Llc $167,000 Servicelink Llc
Reverse Mortgage Funding Llc $215,653 Servicelink
Gunn William T $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Begeman Michael $172,425
Previous Owner Dve Enterprises Llc $127,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2021 04/29/21 Sold $229,900 0.0% $132 / Sq Ft
03/20/2021 03/20/21 Pending -- -- --
03/13/2021 03/13/21 For Sale $229,900 0.0% $132 / Sq Ft
01/19/2021 01/19/21 Rented $1,600 0.0% --
01/13/2021 01/13/21 Under Contract -- -- --
01/08/2021 01/08/21 For Rent $1,600 0.0% --
07/22/2020 07/22/20 Sold $167,000 +0.5% $96 / Sq Ft
06/18/2020 06/18/20 Pending -- -- --
05/13/2020 05/13/20 Price Changed $166,250 -5.0% $95 / Sq Ft
05/04/2020 05/04/20 Price Changed $175,000 -12.1% $100 / Sq Ft
04/13/2020 04/13/20 For Sale $199,000 -- $114 / Sq Ft
Source: Stellar MLS

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 $4,664 $242,900 -- --
2024 $4,558 $250,650 -- --
2023 $4,558 $249,650 $0 $0
2022 $4,114 $215,750 $0 $0
2021 $3,139 $153,610 $9,000 $144,610
2020 $705 $79,900 $0 $0
2019 $845 $78,110 $0 $0
2018 $823 $76,660 $0 $0
2017 $834 $75,090 $0 $0
2016 $664 $73,550 $13,500 $60,050
2015 $602 $73,040 $13,500 $59,540
2014 $605 $72,460 $11,100 $61,360
Source: Public Records

Agents Affiliated with this Home

  • Shirley Weems

    Seller's Agent in 2021

    Shirley Weems

    Waterman Real Estate, Inc.

    (321) 900-9900

    46 in this area

    217 Total Sales

    Shirley Weems
    Section Image

  • R

    Seller's Agent in 2021

    Rafael Garcia

  • N

    Buyer's Agent in 2021

    Nick Puglia

    EMPIRE NETWORK REALTY

    (407) 440-3798

    1 in this area

    7 Total Sales

    Nick Puglia
    Section Image

  • K

    Seller's Agent in 2020

    Kara Money

    Kara Money, LLC

    (407) 697-9630

    1 in this area

    155 Total Sales

    Kara Money
    Section Image

  • R

    Buyer's Agent in 2020

    RPR SSO

    Space Coast

See All Agents

Map

Source: Stellar MLS

MLS Number: S5047808

Stellar MLS

APN: 29-36-03-KL-01695.0-0001.00

Florida Brevard County Palm Bay 32907 Southwest Palm Bay

1298 Malabar Rd SW, Palm Bay, FL

This home is located at 1298 Malabar Rd SW, Palm Bay, FL 32907 since 13 March 2021 and is currently estimated at $318,163, approximately $182 per square foot. This property was built in 2003. 1298 Malabar Rd SW is a home located in Brevard County with nearby schools including Jupiter 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.

Stellar MLS 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.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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