NOT LISTED FOR SALE

1370 Torgerson Rd SE Palm Bay, FL 32909

Estimated Value: $77,000 - $360,990

-- Bed
-- Bath
-- Sq Ft
0.46 Acres

Last Sold April 02, 2021

Last sale price $42,000

Est. 562% increase in value since last sale

Current estimated payment $1,594/month

323 Days on Market

About This Home

As of April 2021

This is a rare double lot in Unit 23. This lot is private and backs up to cornerstone. New roads are due now. Priced to sell! Easy owner financing available. Visit our web page or call for all of your lot needs! Call to confirm price.

Last Agent to Sell the Property

M David Moallem

M. David Moallem, Inc License #366205 Listed on: 12/22/2020

Last Buyer's Agent

vahid rajabian

M. David Moallem, Inc License #3454072

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $343

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 125x160

Schools

  • Sunrise Elementary School
  • Southwest Middle School
  • Bayside High School

Community Details

  • Port Malabar Unit 23 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 29-37-33-Gt-01130.0-0010.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$343

Lot Details

0

Listing Details

  • Property Type: Land
  • Reso Property Sub Type: Unimproved Land
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Port Malabar Unit 23
  • Location Tax and Legal Parcel Number2: 29-37-33-Gt-01130.0-0010.00
  • Location Tax and Legal Elementary School: Sunrise
  • Location Tax and Legal Middle School2: Southwest
  • Location Tax and Legal High School: Bayside
  • Location Tax and Legal Tax Annual Amount: 342.54
  • Location Tax and Legal Tax Year2: 2019
  • General Property Information Lot Size Acres: 0.46
  • General Property Information Lot Size Square Feet2: 20038.0
  • General Property Information Senior Community YN: No
  • General Property Information Lot Size Dimensions: 125x160
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Exterior Features

  • Acres: 0.46

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Southwest

Lot Info

  • Current Use: Residential, Single Family
  • Lot Dimensions: 125x160
  • Lot Size Sq Ft: 20038.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 29-37-33-Gt-01130.0-0010.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 342.54

MLS Schools

  • Elementary School: Sunrise
  • High School: Bayside

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 22, 2020
Closed on
Apr 2, 2021
Sold by
Moallem David and David Moallem Trust
Bought by
Lakemount Corporation
Seller's Agent
M David Moallem
M. David Moallem, Inc
Buyer's Agent
vahid rajabian
M. David Moallem, Inc
List Price
$35,000
Sold Price
$42,000
Premium/Discount to List
$7,000
20%
Current Estimated Value
$278,248

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$236,248
Avg. Annual Appreciation
54.85%
Original Mortgage
$54,538
Outstanding Balance
$49,270
Interest Rate
2.9%
Mortgage Type
Stand Alone First
Estimated Equity
$239,666

Purchase Details

Closed on
May 4, 2004
Sold by
Wessendorf Frederick Edward and Wessendorf Kelly Lynn
Bought by
Moallem M David

Purchase Details

Closed on
Dec 5, 1996
Sold by
Atlantic Gulf Com Corp
Bought by
Wessendorf Kelly Lynn and Wessendorf Frederick Edward

Purchase Details

Closed on
Mar 13, 1996
Sold by
Atlantic Gulf Com Corp
Bought by
Wessendorf Frederick Edward and Wessendorf Kelly Lynn
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
Lakemount Corporation $78,000 Peninsula Title Services Llc
Lakemount Corporation $78,000 Peninsula Title Services
Moallem David -- Peninsula Title Services Llc
David Moallem Trust $100 Peninsula Title Services
Moallem M David $24,000 Peninsula Title Services Llc
Wessendorf Kelly Lynn $2,000 --
Wessendorf Frederick Edward $2,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lakemount Corporation $54,538
Closed Lakemount Corporation $54,538
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2021 04/02/21 Sold $42,000 0.0% --
03/09/2021 03/09/21 Pending -- -- --
03/01/2021 03/01/21 Price Changed $42,000 +13.5% --
02/20/2021 02/20/21 Price Changed $37,000 +5.7% --
12/21/2020 12/21/20 Price Changed $35,000 0.0% --
12/21/2020 12/21/20 For Sale $35,000 -16.7% --
12/21/2020 12/21/20 Off Market $42,000 -- --
10/27/2020 10/27/20 Price Changed $34,000 +47.8% --
04/28/2020 04/28/20 Price Changed $23,000 +15.6% --
04/19/2020 04/19/20 For Sale $19,900 -- --
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 $930 $56,000 -- --
2023 $930 $50,000 $0 $0
2022 $846 $44,000 $0 $0
2021 $292 $17,000 $17,000 $0
2020 $265 $15,000 $15,000 $0
2019 $343 $13,200 $13,200 $0
2018 $319 $11,200 $11,200 $0
2017 $319 $2,500 $0 $0
2016 $193 $9,000 $9,000 $0
2015 $179 $8,000 $8,000 $0
2014 $165 $7,000 $7,000 $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: 873635

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 29-37-33-GT-01130.0-0010.00