NOT LISTED FOR SALE

1504 Palm Bay Rd NE Unit 33 Palm Bay, FL 32905

Port Malabar Neighborhood

Estimated Value: $302,497

-- Bed
-- Bath
2,108 Sq Ft
$143/Sq Ft Est. Value

About This Home

This home is located at 1504 Palm Bay Rd NE Unit 33, Palm Bay, FL 32905 and is currently estimated at $302,497, approximately $143 per square foot. 1504 Palm Bay Rd NE Unit 33 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 2, 2025
Sold by
Strawberry Lowes Inc
Bought by
Thomas Luke and Luke Jerrin
Current Estimated Value
$302,497

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$168,481
Interest Rate
6.65%
Mortgage Type
Balloon
Estimated Equity
$134,016

Purchase Details

Closed on
Sep 10, 2024
Sold by
Lowe Adeja
Bought by
Strawberry Lowes Inc

Purchase Details

Closed on
Jun 21, 2023
Sold by
Lowe Clarence
Bought by
Lowe Adeja

Purchase Details

Closed on
Jul 27, 2012
Sold by
Sherriff Norris and Sherriff Elecia
Bought by
Lowe Clarence

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6%

Purchase Details

Closed on
Jan 13, 1994
Sold by
Sherrif Norris
Bought by
Sherrif Norris and Sherrif Elecia
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Thomas Luke $300,000 Dockside Title
Thomas Luke $300,000 Dockside Title
Strawberry Lowes Inc $100 None Listed On Document
Lowe Adeja $110,100 None Listed On Document
Lowe Clarence $175,000 American Title Corporation
Sherrif Norris -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomas Luke $200,000
Closed Thomas Luke $200,000
Previous Owner Lowe Clarence $150,000
Source: Public Records

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 $6,933 $204,620 -- --
2024 $3,843 $223,010 -- --
2023 $3,843 $194,650 $76,500 $118,150
2022 $3,822 $192,460 $0 $0
2021 $3,768 $178,600 $76,500 $102,100
2020 $3,915 $186,650 $76,500 $110,150
2019 $4,007 $175,090 $76,500 $98,590
2018 $3,970 $174,030 $76,500 $97,530
2017 $3,901 $165,000 $0 $165,000
2016 $3,668 $160,000 $0 $0
2015 $3,656 $155,000 $56,250 $98,750
2014 $3,602 $150,000 $56,250 $93,750
Source: Public Records

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