NOT LISTED FOR SALE

1401 Sheafe Ave NE Unit 107 Palm Bay, FL 32905

Port Malabar Neighborhood

Estimated Value: $187,795 - $198,000

3 Beds
2 Baths
1,156 Sq Ft
1,742 Sq Ft Lot

Last Sold February 27, 2013

Last sale price $39,000 $34 Per Sq Ft

Est. 395% increase in value since last sale

Current estimated payment $1,223/month

73 Days on Market

Highlights

  • Screened Porch
  • Tile Flooring
  • East Facing Home
  • Breakfast Bar
  • Central Air
  • Wood Siding

About This Home

As of February 2013

This could be just right for someone who is looking for a first home, investment or even downsizing. Come see this neutral and bright home. Do not let this pass by without taking a look to see if this works for you.

Last Agent to Sell the Property

Lindsay Sanger

RE/MAX Elite Listed on: 11/19/2012

Last Buyer's Agent

Lucie Lorch

Derrick Real Estate Group, Inc License #3215530

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $886

Year Built

  • Built in 1983

Lot Details

  • 1,742

Home Design

  • Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,156 Sq Ft Home
  • 2-Story Property
  • Screened Porch

Kitchen

  • Breakfast Bar
  • Electric Range

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Riviera Elementary School
  • Stone Middle School
  • Palm Bay High School

Additional Features

  • East Facing Home
  • Central Air

Community Details

  • Property has a Home Owners Association
  • Port Malabar Country Club Unit 7 Pt Of Second Repl Subdivision
  • Maintained Community

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 28372075000970001700

Property Details

Home Type

Condominium

Est. Annual Taxes

$886

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1983
  • Reso Property Sub Type: Condominium
  • Reso Association Amenities: Maintenance Grounds, Management - Full Time
  • ResoSpecialListingConditions: Real Estate Owned
  • Subdivision Name: Port Malabar Country Club Unit 7 Pt of Second Repl
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: No
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 28372075000970001700
  • Location Tax and Legal Elementary School: Riviera
  • Location Tax and Legal Middle School2: Stone
  • Location Tax and Legal High School: Palm Bay
  • Location Tax and Legal Tax Annual Amount: 885.69
  • Location Tax and Legal Tax Year2: 2012
  • General Property Information Living Area2: 1156.0
  • 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: East
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Roof:Shingle: Yes
  • Flooring Carpet: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • General Property Information Stories Total: 2
  • Special Listing Conditions Real Estate Owned: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Interior Amenities: Breakfast Bar
  • Flooring: Carpet, Tile
  • Appliances: Electric Range
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Total Bedrooms: 6
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords
  • Appliances:Electric Range: Yes
  • Interior Features:Breakfast Bar: Yes

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Waterfront: No
  • Construction Type: Frame, Wood Siding
  • Direction Faces: East
  • 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

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

  • Cooling: Central Air
  • Utilities: Water Available
  • Cooling Y N: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 1837.0
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 1837.0

Schools

  • Middle Or Junior School: Stone

Lot Info

  • Additional Parcels Description: 2829756
  • Parcel #: 28372075000970001700

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 885.69

MLS Schools

  • Elementary School: Riviera
  • High School: Palm Bay

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 19, 2013
Sold by
Hall Monique L Gagnon
Bought by
Revocabl Hall Monique L Gagnon and Revocabl Monique L Gagnon Hall
Current Estimated Value
$192,949

Purchase Details

Listed on
Nov 19, 2012
Closed on
Feb 27, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Hall Monique L Gagnon
Seller's Agent
Lindsay Sanger
RE/MAX Elite
Buyer's Agent
Lucie Lorch
Derrick Real Estate Group, Inc
List Price
$42,600
Sold Price
$39,000
Premium/Discount to List
-$3,600
-8.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.47%

Purchase Details

Closed on
Aug 6, 2012
Sold by
Bank Of America Na
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
May 15, 2012
Sold by
Mendez Eurite Jose R and Mendez Hernandez Gladys
Bought by
Bac Home Loans Servicing Lp and Countrywide Home Loan Servicing Lp

Purchase Details

Closed on
Apr 8, 2005
Sold by
Borde Keith A and Borde Diane C
Bought by
Mendez Eurite Jose R and Mendez Hernandez Gladys

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,100
Interest Rate
5.74%

Purchase Details

Closed on
Jan 17, 2002
Sold by
Borde Diane C and Borde Keith A
Bought by
Borde Family Rev Tr

Purchase Details

Closed on
May 12, 1999
Sold by
Joanne Bounaparte Richard M and Joanne Bounaparte
Bought by
Borde Keith A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,823
Interest Rate
6.87%
Source: Public Records

Range of Values:

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Average Value
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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
Revocabl Hall Monique L Gagnon -- Attorney
Hall Monique L Gagnon $39,000 Attorney
Federal Home Loan Mortgage Corporation -- None Available
Bac Home Loans Servicing Lp -- Attorney
Mendez Eurite Jose R $103,000 Peninsula Title Services Llc
Borde Family Rev Tr -- --
Borde Keith A $42,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mendez Eurite Jose R $72,100
Previous Owner Borde Keith A $28,823
Closed Mendez Eurite Jose R $20,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/27/2013 02/27/13 Sold $39,000 -8.5% $34 / Sq Ft
01/31/2013 01/31/13 Pending -- -- --
11/19/2012 11/19/12 For Sale $42,600 -- $37 / 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 $2,440 $157,480 -- --
2024 $2,364 $160,340 -- --
2023 $2,364 $163,190 $0 $0
2022 $2,045 $134,660 $0 $0
2021 $1,884 $106,140 $35,000 $71,140
2020 $1,746 $101,420 $30,000 $71,420
2019 $1,724 $87,330 $25,000 $62,330
2018 $1,589 $80,370 $20,000 $60,370
2017 $1,469 $66,500 $11,500 $55,000
2016 $1,272 $61,470 $10,000 $51,470
2015 $1,134 $47,460 $6,000 $41,460
2014 $1,056 $43,210 $5,000 $38,210
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 654496

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-37-20-75-00097.0-0017.00