NOT LISTED FOR SALE

1480 Malibu Cir NE Unit 112 Palm Bay, FL 32905

Port Malabar Neighborhood

Estimated Value: $161,000 - $185,000

2 Beds
2 Baths
836 Sq Ft
$215/mo HOA Fee

Last Sold December 19, 2013

Last sale price $46,101 $55 Per Sq Ft

Est. 271% increase in value since last sale

Current estimated payment $1,354/month

36 Days on Market

About This Home

As of December 2013

Great investment. Close to shopping, schools and parks. 2 bedroom 2 bath. Needs work

Last Agent to Sell the Property

Bill Kehoe, Broker

NextHome Platinum License #3375499 Listed on: 10/22/2013

NextHome Platinum

Last Buyer's Agent

Gerard Dillon

RE/MAX 2000

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $816

Year Built

  • Built in 1985

Lot Details

  • North Facing Home

HOA Fees

  • $215 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 836 Sq Ft Home
  • 1-Story Property
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Schools

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

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 28-37-20-76-00120.0-0001.00

Community Details

Overview

  • Port Malabar Country Club Unit 7 Pt Of Second Repl Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$816

Year Built

Built in 1985

Lot Details

0

HOA Fees

$215 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1985
  • Reso Property Sub Type: Condominium
  • ResoLotFeatures: Other
  • 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
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 28-37-20-76-00120.0-0001.00
  • 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: 815.82
  • Location Tax and Legal Tax Year2: 2012
  • General Property Information Living Area2: 836.0
  • General Property Information Lot Size Acres: 0.07
  • General Property Information Lot Size Square Feet2: 3049.0
  • 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: North
  • Levels One: Yes
  • Roof:Shingle: Yes
  • Flooring Carpet: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • Pets Allowed Call: Yes
  • General Property Information Stories Total: 1
  • General Property Information Lot Size Dimensions: 45.0 ft x 65.0 ft
  • Special Listing Conditions Real Estate Owned: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Interior Amenities: Split Bedrooms
  • Flooring: Carpet
  • Appliances: None
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords
  • Interior Features:Split Bedrooms: Yes
  • Appliances:None: Yes

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Acres: 0.07
  • Waterfront: No
  • Construction Type: Block, Concrete
  • Direction Faces: North
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Lot Features:Other21: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Assigned
  • General Property Information:Garage YN: No
  • Parking Features:Assigned: Yes

Utilities

  • Utilities: Water Available

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 215.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 215.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

  • Middle Or Junior School: Stone

Lot Info

  • Lot Dimensions: 45.0 ft x 65.0 ft
  • Lot Size Sq Ft: 3049.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2830205
  • Parcel #: 28-37-20-76-00120.0-0001.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 815.82

MLS Schools

  • Elementary School: Riviera
  • High School: Palm Bay

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 14, 2023
Sold by
Chakhtoura Andre
Bought by
Chakhtoura & Faour Inc
Current Estimated Value
$170,892

Purchase Details

Listed on
Oct 22, 2013
Closed on
Dec 20, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Chakhtoura Andre
Seller's Agent
Bill Kehoe, Broker
NextHome Platinum
Buyer's Agent
Gerard Dillon
RE/MAX 2000
List Price
$39,900
Sold Price
$46,101
Premium/Discount to List
$6,201
15.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.71%

Purchase Details

Listed on
Oct 22, 2013
Closed on
Nov 12, 2013
Sold by
Bank Of America N A
Bought by
Federal Home Loan Mortgage Corporation
Seller's Agent
Bill Kehoe, Broker
NextHome Platinum
Buyer's Agent
Gerard Dillon
RE/MAX 2000
List Price
$39,900
Sold Price
$46,101
Premium/Discount to List
$6,201
15.54%

Purchase Details

Closed on
Oct 8, 2013
Sold by
Villar Juan G Zavala and Aramburu Cristina
Bought by
Bank Of America N A

Purchase Details

Closed on
Apr 24, 2012
Sold by
Villar Juan G Zavala and Aramburu Cristina
Bought by
Malibu Villas Property Owners Associatio

Purchase Details

Closed on
Mar 17, 2006
Sold by
Ramos Sonera Dorika and Sonera Yoel H
Bought by
Villar Juan G Zavala and Aramburu Cristina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
6.19%

Purchase Details

Closed on
May 31, 2002
Sold by
Horton Gerald W and Horton Donna L
Bought by
Ramos Dorika

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,890
Interest Rate
6.85%
Mortgage Type
Purchase Money Mortgage
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
Chakhtoura & Faour Inc $100 None Listed On Document
Chakhtoura Andre $46,200 Attorney
Federal Home Loan Mortgage Corporation -- Attorney
Bank Of America N A -- None Available
Malibu Villas Property Owners Associatio -- None Available
Villar Juan G Zavala $138,500 State Title Partners Llp
Ramos Dorika $46,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Villar Juan G Zavala $104,000
Previous Owner Ramos Dorika $43,890
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/19/2013 12/19/13 Sold $46,101 +15.5% $55 / Sq Ft
11/26/2013 11/26/13 Pending -- -- --
10/21/2013 10/21/13 For Sale $39,900 -- $48 / 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 $2,792 $153,670 -- --
2024 $2,035 $147,950 -- --
2023 $2,035 $150,230 $0 $0
2022 $1,720 $119,930 $0 $0
2021 $1,575 $93,640 $36,750 $56,890
2020 $1,432 $84,290 $31,500 $52,790
2019 $1,464 $77,680 $26,250 $51,430
2018 $1,328 $67,310 $21,000 $46,310
2017 $1,308 $67,280 $12,080 $55,200
2016 $1,046 $51,030 $11,550 $39,480
2015 $923 $37,980 $6,300 $31,680
2014 $881 $35,510 $6,300 $29,210
Source: Public Records

Agents Affiliated with this Home

  • Bill Kehoe, Broker

    Seller's Agent in 2013

    Bill Kehoe, Broker

    NextHome Platinum

    (321) 394-9813

    27 Total Sales

    Bill Kehoe, Broker
    Section Image

  • G

    Buyer's Agent in 2013

    Gerard Dillon

    RE/MAX 2000

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Map

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

MLS Number: 680664

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-37-20-76-00120.0-0001.00

Florida Brevard County Palm Bay 32905 Port Malabar

1480 Malibu Cir NE Unit 112, Palm Bay, FL

This home is located at 1480 Malibu Cir NE Unit 112, Palm Bay, FL 32905 since 22 October 2013 and is currently estimated at $170,892, approximately $204 per square foot. This property was built in 1985. 1480 Malibu Cir NE Unit 112 is a home located in Brevard County with nearby schools including Riviera Elementary School, Stone Magnet Middle School, and Palm Bay Magnet Senior 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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