NOT LISTED FOR SALE

1525 Pinewood Dr NE Unit 2 Palm Bay, FL 32905

Port Malabar Neighborhood

Estimated Value: $110,000 - $117,000

3 Beds
2 Baths
1,036 Sq Ft
$525/mo HOA Fee

Last Sold February 27, 2024

Last sale price $120,000 $116 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $1,215/month

194 Days on Market

Highlights

  • Lake View
  • Tile Flooring
  • Central Heating and Cooling System
  • Community Pool
  • Guest Parking
  • North Facing Home

About This Home

As of February 2024

Gorgeous second-floor condo with added office/bonus room with door (can be 3rd bed). Perfectly designed for both comfort and style. The highlight is the stunning kitchen, boasting an updated custom layout and gleaming stainless steel appliances, elevating the culinary experience. Embrace the versatility of the bonus room, ideal for a home office or extra living space to suit your lifestyle. Revel in the convenience of no carpet throughout, offering a modern and low-maintenance ambiance. The AC was thoughtfully replaced in 2020, ensuring year-round comfort. Dive into relaxation at the community pool or unwind on the screened-in balcony, capturing a captivating view. With the beach just 15 minutes away, this residence seamlessly combines leisure and convenience. As a delightful surprise, there's a huge price adjustment, making this condo an irresistible opportunity for those seeking coastal charm without compromise. ALL OFFERS WELCOME!

Last Agent to Sell the Property

Samantha Romero

Real Broker, LLC License #3419713 Listed on: 09/12/2023

Real Broker, LLC

Last Buyer's Agent

Carol Viteri

Vizcayne Realty LLC License #681215

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $784

Year Built

  • Built in 1985

Lot Details

  • North Facing Home

HOA Fees

  • $525 Monthly HOA Fees

Property Views

  • Lake
  • Pond

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,036 Sq Ft Home
  • 2-Story Property

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Guest Parking
  • Assigned Parking

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 28-37-22-00-00268.K-0000.00

Community Details

Overview

  • Palm Bay Club Condominium Association
  • Palm Bay Club Condominium Subdivision

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$784

Year Built

Built in 1985

Lot Details

0

HOA Fees

$525 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1985
  • Reso Property Sub Type: Condominium
  • ResoLotFeatures: Other
  • Reso View: Lake, Pond, Water
  • Reso Association Amenities: Pool
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Palm Bay Club Condominium
  • Carport Y N: No
  • Entry Level: 2
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 28-37-22-00-00268.K-0000.00
  • Location Tax and Legal Tax Annual Amount: 783.9
  • Location Tax and Legal Tax Year2: 2022
  • General Property Information Living Area2: 1036.0
  • General Property Information Lot Size Acres: 0.06
  • General Property Information Lot Size Square Feet2: 2614.0
  • 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
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • General Property Information Community Fee(s) YN: No
  • Appliances Dryer: Yes
  • Washers: Yes
  • Pets Allowed Yes: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • ViewPond: Yes
  • Levels Two: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • View Water3: Yes
  • General Property Information Stories Total: 2
  • Flooring Vinyl: Yes
  • General Property Information CDD Fee YN: No
  • General Property Information:Pool Private YN: No
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Flooring: Tile, Vinyl
  • Appliances: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 2
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.06
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: North
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • View:Lake: Yes
  • Lot Features:Other21: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Utilities: Cable Available
  • Heating: Central
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 525.0
  • Association Fee Frequency: Monthly
  • Association Name: PALM BAY CLUB CONDOMINIUM
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: PALM BAY CLUB CONDOMINIUM
  • General Property Information:Association Fee: 525.0
  • General Property Information:Association Fee Frequency: Monthly
  • Association Amenities:Pool3: Yes

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 2614.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2865844
  • Parcel #: 28-37-22-00-00268.K-0000.00

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 783.9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2023
Closed on
Feb 27, 2024
Sold by
Basagalar Ahmet Behzat and Basagalar Ilknur
Bought by
Londale Ave Llc
Seller's Agent
Samantha Romero
Real Broker, LLC
Buyer's Agent
Carol Viteri
Vizcayne Realty LLC
List Price
$165,000
Sold Price
$120,000
Premium/Discount to List
-$45,000
-27.27%
Views
203
Current Estimated Value
$114,477

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,523
Avg. Annual Appreciation
-2.33%

Purchase Details

Listed on
Jul 29, 2018
Closed on
Sep 28, 2018
Sold by
Mcdonald Sheree A
Bought by
Basagalar Ahmet
Seller's Agent
Kenneth Kerstetter
LaRocque & Co., Realtors
Buyer's Agent
Sam Yaseen
EXP Realty LLC
List Price
$70,000
Sold Price
$63,000
Premium/Discount to List
-$7,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.62%

Purchase Details

Closed on
Aug 31, 2011
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Mcdonald Sheree A

Purchase Details

Closed on
Jul 13, 2011
Sold by
Onewest Bank Fsb
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jun 21, 2011
Sold by
Osokoya Cornelius and Osokoya Marian A
Bought by
Onewest Bank Fsb

Purchase Details

Closed on
Jul 16, 2007
Sold by
Palm Bay Club Condominium Llc
Bought by
Osokoya Cornelious

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,910
Interest Rate
7.37%
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
Londale Ave Llc $120,000 Rte Title Company
Basagalar Ahmet $63,000 Countywide Title & Escrow Co
Mcdonald Sheree A $12,000 Consumer Title & Escrow Serv
Federal Home Loan Mortgage Corporation -- Attorney
Onewest Bank Fsb -- Attorney
Osokoya Cornelious $149,900 Countywide Title Group Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Osokoya Cornelious $134,910
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2024 02/27/24 Sold $120,000 -19.4% $116 / Sq Ft
01/29/2024 01/29/24 Pending -- -- --
01/25/2024 01/25/24 Price Changed $148,950 0.0% $144 / Sq Ft
01/18/2024 01/18/24 Price Changed $149,000 -0.7% $144 / Sq Ft
01/10/2024 01/10/24 Price Changed $150,000 -9.1% $145 / Sq Ft
11/15/2023 11/15/23 Price Changed $165,000 +3.1% $159 / Sq Ft
09/21/2023 09/21/23 Price Changed $160,000 -3.0% $154 / Sq Ft
09/12/2023 09/12/23 For Sale $165,000 0.0% $159 / Sq Ft
08/29/2023 08/29/23 Pending -- -- --
08/03/2023 08/03/23 Price Changed $165,000 -2.9% $159 / Sq Ft
07/28/2023 07/28/23 Price Changed $170,000 -2.9% $164 / Sq Ft
07/26/2023 07/26/23 Price Changed $175,000 -2.8% $169 / Sq Ft
07/19/2023 07/19/23 For Sale $180,000 +185.7% $174 / Sq Ft
09/28/2018 09/28/18 Sold $63,000 -7.4% $61 / Sq Ft
09/04/2018 09/04/18 Pending -- -- --
08/10/2018 08/10/18 Price Changed $68,000 -2.9% $66 / Sq Ft
07/29/2018 07/29/18 Price Changed $70,000 0.0% $68 / Sq Ft
07/29/2018 07/29/18 For Sale $70,000 -6.7% $68 / Sq Ft
07/19/2018 07/19/18 Pending -- -- --
07/11/2018 07/11/18 For Sale $75,000 -- $72 / 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
2024 $849 $87,130 -- --
2023 $849 $84,600 $0 $0
2022 $784 $82,140 $0 $0
2021 $1,217 $59,000 $0 $59,000
2020 $1,144 $55,490 $0 $55,490
2019 $620 $50,470 $0 $50,470
2018 $719 $48,170 $0 $48,170
2017 $639 $36,000 $0 $36,000
2016 $473 $23,530 $0 $0
2015 $413 $16,510 $0 $0
2014 $383 $15,010 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 970354

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-37-22-00-00268.K-0000.00