NOT LISTED FOR SALE

1498 Paramount Ave SE Palm Bay, FL 32909

Estimated Value: $319,000 - $361,000

3 Beds
2 Baths
1,680 Sq Ft
$202/Sq Ft Est. Value

Last Sold October 26, 2022

Last sale price $362,900 $216 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $2,255/month

46 Days on Market

Highlights

  • Under Construction
  • Solid Surface Countertops
  • Family Room Off Kitchen
  • Open Floorplan
  • No HOA
  • Hurricane or Storm Shutters

About This Home

As of October 2022

LGI Homes is proud to present the Brickell floor plan at Palm Bay. The 3 bedroom, 2-bath
retreat features a relaxed and comfortable layout the entire family will enjoy. With all new
energy-efficient Whirlpool® appliances and granite countertops already included, hosting in
the heart of the home is made easy in the Brickell home. Featuring thousands of dollars’
worth of upgrades such as front yard landscaping, an attached two-car garage and
secluded master retreat with a walk-in closet make the Brickell even more desirable. Best of
all, Palm Bay offers residents a premier location with convenient access to nearby golf
courses, world-class area beaches and amenity-packed parks.

Last Agent to Sell the Property

Joseph Boyd

LENNAR REALTY License #3352475 Listed on: 08/05/2022

LENNAR REALTY

Last Buyer's Agent

Stellar Non-Member Agent

Stellar Non-Member Office

Stellar Non-Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $323

Year Built

  • Built in 2022 | Under Construction

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 104x153
  • North Facing Home
  • Irrigation
  • Property is zoned RS2

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,680 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Hurricane or Storm Shutters

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Septic Tank

Community Details

  • No Home Owners Association
  • Built by LGI Homes
  • Port Malabar Unit 16 Subdivision, Brickell Floorplan

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Down Payment Assistance Available
  • Visit Down Payment Resource Website
  • Legal Lot and Block 14 / 798
  • Assessor Parcel Number 29-37-16-GP-00798.0-0014.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$323

Year Built

Built in 2022 | Under Construction

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Condition: Under Construction
  • Property Sub Type: Single Family Residence
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 1680
  • Lot Size Acres: 0.37
  • New Construction: Yes
  • Year Built: 2022
  • Lot Size Sq Ft: 16117
  • Directions to Property: From I-95, Exit 173 turn on to 514 West (SE Malabar Rd). Go straight for 1.5 miles. Left on Cownie Ave SE, right into parking lot. LGI Homes is on the right side of the plaza, Suites #7-8.
  • Status: Sold
  • Street Post Direction: SE
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3393825?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3393825?w=Customer
  • Homestead Y N: No
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Home Warranty Y N: Yes
  • Call Center Phone Number: 844-833-7026
  • Projected Completion Date: 2022-10-07T04:00:00.000Z
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 216.01
  • Close to Original List Price Ratio: 0.90072
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: 4098

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Vinyl
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Thermostat, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Street Number Modifier: 1498
  • Room Count: 10
  • ResoLivingAreaSource: Builder

Exterior Features

  • Direction Faces: North
  • Exterior Features: Hurricane Shutters, Irrigation System, Lighting
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: None

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Electricity Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Septic Tank
  • Water Source: Public
  • Public Remarks Required: Under Construction.
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Zoning: RS2
  • Parcel Number: 29-37-16-GP-00798.0-0014.00
  • Additional Parcels: No
  • Lot Dimensions: 104x153
  • Flood Zone Code: X
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: LGI Homes

Tax Info

  • Tax Annual Amount: 323.33
  • Tax Block: 798
  • Tax Book Number: 15-84
  • Tax Lot: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2022
Closed on
Oct 26, 2022
Sold by
Lgi Homes-Florida Llc
Bought by
Mccall Shawn and Mccall Suzanne
Seller's Agent
Joseph Boyd
LENNAR REALTY
Buyer's Agent
Stellar Non-Member Agent
Stellar Non-Member Office
List Price
$402,900
Sold Price
$362,900
Premium/Discount to List
-$40,000
-9.93%
Views
33
Current Estimated Value
$338,520

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$24,380
Avg. Annual Appreciation
-2.29%
Original Mortgage
$356,326
Outstanding Balance
$345,325
Interest Rate
6.02%
Mortgage Type
FHA
Estimated Equity
-$5,417

Purchase Details

Closed on
Sep 18, 2020
Sold by
Sarasea Llc
Bought by
Lgi Homes Florida Llc

Purchase Details

Closed on
Apr 16, 2013
Sold by
Glafenhein Bradley and Glafenhein Joanne
Bought by
Sarasea Llc

Purchase Details

Closed on
Apr 12, 2005
Sold by
Barna Robert and Barna Carol
Bought by
Glafenhein Bradley and Glafenhein Joanne
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
Mccall Shawn $362,900 Empower Title
Lgi Homes Florida Llc $157,000 Empower Title Llc
Sarasea Llc $2,000 Peninsula Title Services Llc
Glafenhein Bradley $23,000 State Title Partners Llp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccall Shawn $356,326
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2022 10/26/22 Sold $362,900 0.0% $216 / Sq Ft
09/21/2022 09/21/22 Pending -- -- --
09/16/2022 09/16/22 Price Changed $362,900 -4.0% $216 / Sq Ft
08/24/2022 08/24/22 Price Changed $377,900 -6.2% $225 / Sq Ft
08/05/2022 08/05/22 For Sale $402,900 -- $240 / 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
2024 $4,934 $271,850 -- --
2023 $4,934 $261,900 $33,000 $228,900
2022 $377 $24,500 $0 $0
2021 $323 $15,000 $15,000 $0
2020 $172 $11,000 $11,000 $0
2019 $240 $10,000 $10,000 $0
2018 $218 $7,200 $7,200 $0
2017 $215 $1,400 $0 $0
2016 $112 $4,500 $4,500 $0
2015 $102 $3,700 $3,700 $0
2014 $121 $4,500 $4,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: T3393825

Stellar MLS

APN: 29-37-16-GP-00798.0-0014.00