1540 Lakewood Dr NE Palm Bay, FL 32905
Port Malabar Neighborhood
3
Beds
2
Baths
1,288
Sq Ft
0.35
Acres
Highlights
- RV Access or Parking
- Shed
- East Facing Home
- No HOA
- Central Heating and Cooling System
- 1-Story Property
About This Home
As of May 2025This 3-bedroom, 2-bath home is in a quiet, tucked-away neighborhood that's super convenient to everything! There's a bonus room that would be perfect as a 4th bedroom or a home office. It features new windows, a 3-year-old roof, updated bathrooms, and a nearly-new AC system. The indoor laundry room adds extra convenience! The spacious 0.35-acre lot offers plenty of room to enjoy the outdoors, whether you're relaxing, gardening, or entertaining. Come check it out and see why this home could be the perfect fit!
Last Agent to Sell the Property
Blue Marlin Real Estate License #3424043 Listed on: 01/24/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,877
Year Built
- Built in 1981
Lot Details
- 0.35 Acre Lot
- East Facing Home
- Chain Link Fence
Home Design
- Block Exterior
Interior Spaces
- 1,288 Sq Ft Home
- 1-Story Property
- Electric Range
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Parking
- Additional Parking
- RV Access or Parking
Outdoor Features
- Shed
Schools
- University Park Elementary School
- Stone Middle School
- Palm Bay High School
Utilities
- Central Heating and Cooling System
- Cable TV Available
Community Details
- No Home Owners Association
- Palm Bay Homes Subd Subdivision
Listing and Financial Details
- Assessor Parcel Number 28-37-22-01-00004.0-0004.00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 24, 2025
Closed on
May 7, 2025
Sold by
Deblanc Ruth Beach
Bought by
Seminario Rafael
Seller's Agent
James Gast
Blue Marlin Real Estate
Buyer's Agent
Beverly Hannan
J.R. Hannan Realty Inc.
List Price
$259,900
Sold Price
$240,000
Premium/Discount to List
-$19,900
-7.66%
Views
57
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,336
Avg. Annual Appreciation
1.87%
Original Mortgage
$192,000
Outstanding Balance
$191,662
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$49,674
Purchase Details
Listed on
Nov 30, 2021
Closed on
Dec 29, 2021
Sold by
Prieto Michael M and Prieto Karen M
Bought by
Deblanc Ruth Beach
Seller's Agent
Ronald Gerson
Thomas Kay Realty,Inc.
Buyer's Agent
Jennifer Shupard
Dalton Wade, Inc.
List Price
$210,000
Sold Price
$230,000
Premium/Discount to List
$20,000
9.52%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.28%
Original Mortgage
$10,000
Interest Rate
3.05%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Jul 24, 2018
Sold by
Tabone Salvatore and Tabone Marie E
Bought by
Russell Lori Ann
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
4.5%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Dec 17, 2004
Sold by
Prieto Karen M and Prieto Michael
Bought by
Prieto Michael and Prieto Karen M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,400
Interest Rate
5.63%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 14, 1993
Sold by
Schmitt George A and Schmitt Jerome J
Bought by
Staples Karen M and Staples Jeannette
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,300
Interest Rate
7.48%
Mortgage Type
FHA
Similar Homes in Palm Bay, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $240,000 | Dockside Title | |
| Warranty Deed | $240,000 | Dockside Title | |
| Warranty Deed | $230,000 | State Title Partners | |
| Warranty Deed | $50,000 | Pennsula Title Services Llc | |
| Interfamily Deed Transfer | $37,200 | Accelerated Title Co | |
| Warranty Deed | -- | -- | |
| Warranty Deed | $50,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $192,000 | New Conventional | |
| Closed | $192,000 | New Conventional | |
| Previous Owner | $10,000 | Stand Alone Second | |
| Previous Owner | $222,417 | FHA | |
| Previous Owner | $30,000 | Seller Take Back | |
| Previous Owner | $18,400 | Small Business Administration | |
| Previous Owner | $74,400 | Purchase Money Mortgage | |
| Previous Owner | $51,300 | FHA | |
| Closed | $10,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/07/2025 05/07/25 | Sold | $240,000 | -4.4% | $186 / Sq Ft |
| 03/29/2025 03/29/25 | Pending | -- | -- | -- |
| 03/13/2025 03/13/25 | Price Changed | $251,000 | -3.4% | $195 / Sq Ft |
| 01/24/2025 01/24/25 | For Sale | $259,900 | +13.0% | $202 / Sq Ft |
| 12/30/2021 12/30/21 | Sold | $230,000 | +9.5% | $179 / Sq Ft |
| 12/01/2021 12/01/21 | Pending | -- | -- | -- |
| 11/30/2021 11/30/21 | For Sale | $210,000 | 0.0% | $163 / Sq Ft |
| 03/12/2012 03/12/12 | Rented | $765 | +10.9% | -- |
| 03/09/2012 03/09/12 | Under Contract | -- | -- | -- |
| 12/14/2011 12/14/11 | For Rent | $690 | -- | -- |
Source: Space Coast MLS (Space Coast Association of REALTORS®)
Tax History Compared to Growth
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 | $1,823 | $140,460 | -- | -- |
| 2023 | $1,823 | $136,370 | $0 | $0 |
| 2022 | $1,738 | $132,400 | $0 | $0 |
| 2021 | $2,142 | $112,040 | $28,000 | $84,040 |
| 2020 | $1,907 | $94,980 | $20,000 | $74,980 |
| 2019 | $1,954 | $94,160 | $20,000 | $74,160 |
| 2018 | $1,786 | $85,430 | $16,000 | $69,430 |
| 2017 | $1,693 | $77,300 | $16,000 | $61,300 |
| 2016 | $1,488 | $72,320 | $16,000 | $56,320 |
| 2015 | $1,380 | $57,450 | $16,000 | $41,450 |
| 2014 | $1,277 | $52,230 | $16,000 | $36,230 |
Source: Public Records
Agents Affiliated with this Home
-
James Gast
Seller's Agent in 2025
James Gast
Blue Marlin Real Estate
(321) 432-8661
4 in this area
57 Total Sales
-
Beverly Hannan
B
Buyer's Agent in 2025
Beverly Hannan
J.R. Hannan Realty Inc.
(321) 223-5307
12 in this area
26 Total Sales
-
R
Seller's Agent in 2021
Ronald Gerson
Thomas Kay Realty,Inc.
-
Jennifer Shupard
Buyer's Agent in 2021
Jennifer Shupard
Dalton Wade, Inc.
(772) 633-9268
2 in this area
27 Total Sales
-
N
Seller's Agent in 2012
Nancy Burns Marshall
Thomas Kay Realty,Inc.
Map
Source: Space Coast MLS (Space Coast Association of REALTORS®)
MLS Number: 1035075
APN: 28-37-22-01-00004.0-0004.00
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