NOT LISTED FOR SALE

1381 Gibbs Rd SW Palm Bay, FL 32908

Estimated Value: $243,000 - $292,000

3 Beds
2 Baths
1,056 Sq Ft
$245/Sq Ft Est. Value

Last Sold December 23, 2013

Last sale price $37,000 $35 Per Sq Ft

Est. 600% increase in value since last sale

Current estimated payment $1,455/month

131 Days on Market

Highlights

  • Vaulted Ceiling
  • No HOA
  • 2 Car Attached Garage
  • Wood Flooring
  • Screened Porch
  • Cooling Available

About This Home

As of December 2013

Great private location. Split floor plan 3 bedroom 2 bath 2 car garage. This is a Fannie Mae Homepath Property. Purchase this property for as little as 3% down! This property is approved for Homepath Renovation Mortgage Financing.

Last Agent to Sell the Property

Natalie Carter

Coldwell Banker Realty Listed on: 11/06/2013

Last Buyer's Agent

Lisa Baldwin

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1986

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 125 x 80
  • South Facing Home

Parking

  • 2 Car Attached Garage

Home Design

  • Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,056 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Screened Porch

Kitchen

  • Electric Range
  • Microwave

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Schools

  • Jupiter Elementary School
  • Central Middle School
  • Heritage High School

Utilities

  • Cooling Available
  • Heating Available
  • Septic Tank

Community Details

  • No Home Owners Association
  • Port Malabar Unit 36 Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 293610kl017450002800

Home Details

Home Type

Single Family

Year Built

Built in 1986

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1986
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Other
  • ResoSpecialListingConditions: Real Estate Owned
  • Subdivision Name: Port Malabar Unit 36
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 293610kl017450002800
  • Location Tax and Legal Elementary School: Jupiter
  • Location Tax and Legal Middle School2: Central
  • Location Tax and Legal High School: Heritage
  • Location Tax and Legal Tax Annual Amount: 929.05
  • Location Tax and Legal Tax Year2: 2012
  • General Property Information Living Area2: 1056.0
  • General Property Information Lot Size Acres: 0.23
  • General Property Information Lot Size Square Feet2: 10018.8
  • 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: South
  • Appliances Microwave: Yes
  • Cooling:Electric: Yes
  • Flooring Tile: Yes
  • Flooring Wood: Yes
  • Levels One: Yes
  • Roof:Shingle: Yes
  • General Property Information Carport YN2: No
  • General Property Information Lot Size Dimensions: 125 x 80
  • Special Listing Conditions Real Estate Owned: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Split Bedrooms, Vaulted Ceiling(s)
  • Flooring: Tile, Wood
  • Appliances: Electric Range, Microwave
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • ResoLivingAreaSource: PublicRecords
  • Appliances:Electric Range: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Vaulted Ceiling(s): Yes

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Acres: 0.23
  • Waterfront: No
  • Construction Type: Frame, Wood Siding
  • Direction Faces: South
  • Patio And Porch Features: Porch, Screened
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Construction Materials:Frame: Yes
  • Construction Materials:Wood Siding: Yes
  • Lot Features:Other21: 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: Electric
  • Utilities: Other
  • Heating: Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Electric3: Yes
  • 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

  • Lot Dimensions: 125 x 80
  • Lot Size Sq Ft: 10018.8
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2904225
  • Parcel #: 293610kl017450002800
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 929.05

MLS Schools

  • Elementary School: Jupiter
  • High School: Heritage

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2013
Closed on
Dec 23, 2013
Sold by
Fannie Mae
Bought by
Larrondo Ismael
Seller's Agent
Natalie Carter
Coldwell Banker Realty
Buyer's Agent
Lisa Baldwin
Coldwell Banker Realty
List Price
$46,200
Sold Price
$37,000
Premium/Discount to List
-$9,200
-19.91%
Current Estimated Value
$258,994

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$221,994
Avg. Annual Appreciation
17.93%

Purchase Details

Closed on
Jul 10, 2013
Sold by
Lester David J and Hsbc Bank Nevada National Asso
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 29, 2004
Sold by
Cleveland Robbi A
Bought by
Lester David J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 29, 1995
Sold by
Housing & Urban Dev
Bought by
Cleveland Robbi A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,150
Interest Rate
7.83%

Purchase Details

Closed on
Jul 20, 1995
Sold by
Mortageamerica Inc
Bought by
Housing & Urban Dev

Purchase Details

Closed on
Jul 18, 1995
Sold by
Clerk Circuit Court
Bought by
Mortgageamerica Inc
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
Larrondo Ismael $37,000 Title & Abstract Agency Of A
Federal National Mortgage Association -- Attorney
Lester David J $100,000 State Title Partners Llp
Cleveland Robbi A $44,500 --
Housing & Urban Dev -- --
Mortgageamerica Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lester David J $75,000
Previous Owner Cleveland Robbi A $43,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/23/2013 12/23/13 Sold $37,000 -19.9% $35 / Sq Ft
11/22/2013 11/22/13 Pending -- -- --
07/14/2013 07/14/13 For Sale $46,200 -- $44 / 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 $911 $88,600 -- --
2024 $872 $86,110 -- --
2023 $872 $83,610 $0 $0
2022 $807 $81,180 $0 $0
2021 $802 $78,820 $0 $0
2020 $780 $77,740 $0 $0
2019 $872 $76,000 $0 $0
2018 $854 $74,590 $5,500 $69,090
2017 $1,515 $66,390 $5,000 $61,390
2016 $1,313 $61,180 $4,500 $56,680
2015 $1,210 $50,120 $4,500 $45,620
2014 $1,109 $45,570 $3,700 $41,870
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 673075

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 29-36-10-KL-01745.0-0028.00