NOT LISTED FOR SALE

1516 Wacker Ave SE Palm Bay, FL 32909

Estimated Value: $249,945 - $270,000

3 Beds
2 Baths
1,353 Sq Ft
$195/Sq Ft Est. Value

Last Sold February 22, 2012

Last sale price $29,000 $21 Per Sq Ft

Est. 803% increase in value since last sale

Current estimated payment $1,694/month

303 Days on Market

Highlights

  • Corner Lot
  • Screened Porch
  • Patio
  • No HOA
  • 2 Car Attached Garage
  • 1-Story Property

About This Home

As of February 2012

Great home located just outside of Bayside Lakes! Despite the age, this house still comes equipped with a 2 car garage and a split floor plan. Located close to Emerson just north of Bayside makes this property close to shopping and convenience areas!

Last Agent to Sell the Property

Cynthia Silver

USSGFL Realty LLC License #3272890 Listed on: 06/14/2010

Last Buyer's Agent

Donna Knowles-Lynne

Atlas Realty Florida License #3080730

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1985

Lot Details

  • 0.26 Acre Lot
  • East Facing Home
  • Corner Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Shingle Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,353 Sq Ft Home
  • 1-Story Property
  • Screened Porch
  • Electric Range

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Additional Features

  • Patio
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Port Malabar Unit 16 Subdivision

Listing and Financial Details

  • Short Sale
  • Assessor Parcel Number 293717GP007380001600

Home Details

Home Type

Single Family

Year Built

Built in 1985

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1985
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Corner Lot
  • ResoSpecialListingConditions: Short Sale
  • Subdivision Name: Port Malabar Unit 16
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 293717GP007380001600
  • Location Tax and Legal Tax Annual Amount: 1269.03
  • Location Tax and Legal Tax Year2: 2010
  • General Property Information Living Area2: 1353.0
  • General Property Information Building Area Total3: 1805.0
  • General Property Information Lot Size Acres: 0.26
  • General Property Information Lot Size Square Feet2: 11325.6
  • 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
  • Levels One: Yes
  • Roof:Shingle: Yes
  • Flooring Carpet: Yes
  • General Property Information Carport YN2: No
  • Flooring Vinyl: Yes
  • Special Listing Conditions Short Sale: Yes
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Primary Downstairs, Split Bedrooms
  • Flooring: Carpet, Vinyl
  • Appliances: Electric Range
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • ResoLivingAreaSource: PublicRecords
  • Interior Features:Primary Downstairs: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Split Bedrooms: Yes

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Acres: 0.26
  • Waterfront: No
  • Construction Type: Frame, Stucco, Wood Siding
  • Direction Faces: East
  • Patio And Porch Features: Patio, Porch, Screened
  • Construction Materials:Stucco: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Construction Materials:Frame: Yes
  • Construction Materials:Wood Siding: Yes
  • Lot Features:Corner Lot: Yes
  • Construction Materials:Brick2: 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: Central Air
  • Heating: Central
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Lot Size Sq Ft: 11325.6
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2935651
  • Parcel #: 293717GP007380001600
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2010
  • Tax Annual Amount: 1269.03

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 18, 2021
Sold by
Singletary Charles H and Singletary Cora P
Bought by
Charles H Singletary And Cora P Singletary Re and Singletary Cora
Current Estimated Value
$261,730

Purchase Details

Listed on
Jun 14, 2010
Closed on
Feb 22, 2012
Sold by
Chase Richard
Bought by
Singletary Charles and Singletary Cora
Seller's Agent
Cynthia Silver
USSGFL Realty LLC
Buyer's Agent
Donna Knowles-Lynne
Atlas Realty Florida
List Price
$54,900
Sold Price
$29,000
Premium/Discount to List
-$25,900
-47.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.70%

Purchase Details

Listed on
Jun 14, 2010
Closed on
Feb 20, 2012
Sold by
Chase Maria
Bought by
Singletary Charles and Singletary Cora
Seller's Agent
Cynthia Silver
USSGFL Realty LLC
Buyer's Agent
Donna Knowles-Lynne
Atlas Realty Florida
List Price
$54,900
Sold Price
$29,000
Premium/Discount to List
-$25,900
-47.18%

Purchase Details

Closed on
Mar 14, 2007
Sold by
Florida Real Estate Administrative Servi
Bought by
Chase Richard and Chase Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,664
Interest Rate
8.5%

Purchase Details

Closed on
Dec 23, 2006
Sold by
Lucas James and Lucas Cathy
Bought by
Florida Real Estate Administrative Servi and The 1516 Wacker Drive Family Land Trust

Purchase Details

Closed on
Oct 31, 2005
Sold by
Winn Frank T
Bought by
Lucas James and Lucas Cathy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
7.6%

Purchase Details

Closed on
Sep 26, 2003
Sold by
Va
Bought by
Winn Frank T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,117
Interest Rate
6.24%

Purchase Details

Closed on
Nov 20, 2002
Sold by
Clerk Circuit Court
Bought by
Veterans Affairs
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
Charles H Singletary And Cora P Singletary Re -- None Listed On Document
Singletary Charles $29,000 Peninsula Title Services Llc
Singletary Charles -- Peninsula Title Services Llc
Chase Richard $138,400 First Fl Guaranty Title Inc
Florida Real Estate Administrative Servi -- None Available
Lucas James -- Founders Title Agency
Winn Frank T $95,200 Alliance Title
Veterans Affairs -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chase Richard $110,664
Previous Owner Lucas James $148,000
Previous Owner Winn Francis T $126,000
Previous Owner Winn Frank T $95,117
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2012 02/22/12 Sold $29,000 -47.2% $21 / Sq Ft
04/11/2011 04/11/11 Pending -- -- --
06/12/2010 06/12/10 For Sale $54,900 -- $41 / 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
2023 $2,977 $192,120 $0 $0
2022 $2,688 $174,770 $0 $0
2021 $2,475 $136,980 $15,000 $121,980
2020 $2,245 $123,190 $11,000 $112,190
2019 $2,367 $128,060 $10,000 $118,060
2018 $2,108 $106,070 $7,200 $98,870
2017 $1,980 $92,380 $5,600 $86,780
2016 $1,700 $84,810 $4,500 $80,310
2015 $1,555 $63,950 $3,700 $60,250
2014 $1,432 $58,140 $4,500 $53,640
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 571883

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 29-37-17-GP-00738.0-0016.00