NOT LISTED FOR SALE

1589 Magnolia St NE Palm Bay, FL 32905

Bayfront Village Neighborhood

Estimated Value: $174,000 - $218,000

2 Beds
1 Bath
812 Sq Ft
$246/Sq Ft Est. Value

Last Sold March 18, 2022

Last sale price $203,000 $250 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $1,281/month

52 Days on Market

Highlights

  • Open Floorplan
  • Tankless Water Heater
  • Central Heating and Cooling System
  • No HOA
  • 1-Story Property
  • Ceiling Fan

About This Home

As of March 2022

Rare Opportunity! Completely renovated 2 bedroom and 1 bath home. Open floor plan. New stainless steel kitchen appliances, upgraded wood cabinets with lazy susan and rollout drawers, tankless water heater, stackable washer and dryer and new laminate flooring throughout. Large private fenced backyard featuring a newly constructed deck, utility building with lawn equipment. newer HVAC, and no HOA fees. The property is close to shopping, entertainment, schools and churches. The intra-coastal waterway, Turkey Creek Sanctuary and parks are blocks away. This property is a must see!

Last Agent to Sell the Property

Al Jenkins

Jenkins Realty License #3204863 Listed on: 01/28/2022

Last Buyer's Agent

Amanda Mansueto

Blue Marlin Real Estate License #3457715

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $654

Year Built

  • Built in 1962

Lot Details

  • 3,485 Sq Ft Lot
  • Street terminates at a dead end
  • South Facing Home
  • Wood Fence

Parking

  • On-Street Parking

Home Design

  • Frame Construction
  • Shingle Roof
  • Wood Siding
  • Vinyl Siding
  • Asphalt

Interior Spaces

  • 812 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Family Room
  • Laminate Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub and Shower Combination in Primary Bathroom

Schools

  • Palm Bay Elementary School
  • Stone Middle School
  • Palm Bay High School

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 28-37-23-00-00055.0-0000.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$654

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1962
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Dead End Street
  • Road Surface Type: Asphalt
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: None
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 28-37-23-00-00055.0-0000.00
  • Location Tax and Legal Elementary School: Palm Bay Elem
  • Location Tax and Legal Middle School2: Stone
  • Location Tax and Legal High School: Palm Bay
  • Location Tax and Legal Tax Annual Amount: 653.92
  • Location Tax and Legal Tax Year2: 2021
  • General Property Information Living Area2: 812.0
  • General Property Information Building Area Total3: 812.0
  • General Property Information Lot Size Acres: 0.08
  • General Property Information Lot Size Square Feet2: 3485.0
  • 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: South
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Fencing Fenced2: Yes
  • Fencing Wood2: Yes
  • Flooring Laminate: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Levels One: Yes
  • Pets Allowed Yes: Yes
  • Lot Features Dead End Street: Yes
  • Road Surface Type Asphalt: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Electricity Connected: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • Room Types Family Room: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Ceiling Fan(s), Open Floorplan, Primary Bathroom - Tub with Shower
  • Flooring: Laminate
  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator, Tankless Water Heater
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Tankless Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Ceiling Fan(s): Yes

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Fencing: Fenced, Wood
  • Acres: 0.08
  • Waterfront: No
  • Construction Type: Frame, Vinyl Siding, Wood Siding
  • Direction Faces: South
  • Construction Materials:Frame: Yes
  • Construction Materials:Wood Siding: Yes
  • Construction Materials:Vinyl Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: On Street
  • General Property Information:Garage YN: No
  • Parking Features:On Street: Yes

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Electricity Connected
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: Stone

Lot Info

  • Lot Size Sq Ft: 3485.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2832219
  • Parcel #: 28-37-23-00-00055.0-0000.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 653.92

MLS Schools

  • Elementary School: Palm Bay Elem
  • High School: Palm Bay

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2022
Closed on
Mar 14, 2022
Sold by
Young Charles C and Young Katherine
Bought by
Ralston Thomas
Seller's Agent
Al Jenkins
Jenkins Realty
Buyer's Agent
Amanda Mansueto
Blue Marlin Real Estate
List Price
$198,000
Sold Price
$203,000
Premium/Discount to List
$5,000
2.53%
Current Estimated Value
$200,146

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,854
Avg. Annual Appreciation
-0.40%
Original Mortgage
$160,800
Outstanding Balance
$150,120
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$50,026

Purchase Details

Listed on
Aug 14, 2017
Closed on
Feb 16, 2018
Sold by
Mcfarlane Lioyd A
Bought by
Young Charles C and Fletcher Katherine
Seller's Agent
Marty Riley
United Realty of Brevard, Inc.
Buyer's Agent
Al Jenkins
Jenkins Realty
List Price
$69,900
Sold Price
$63,500
Premium/Discount to List
-$6,400
-9.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.05%
Original Mortgage
$51,120
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 1, 2017
Bought by
Mcfarlane Pernell

Purchase Details

Closed on
Dec 3, 2008
Sold by
Wells Fargo Bank Na
Bought by
Mcfarlane Pernel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Interest Rate
5.48%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 18, 2008
Sold by
King Christina Marie and King Jamal Deon
Bought by
Wells Fargo Bank Na and Carrington Mortgage Loan Trust Series200

Purchase Details

Closed on
Mar 31, 2006
Sold by
Berning Hugh A and Berning Faith
Bought by
King Jamal Deon and King Christina Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,300
Interest Rate
6.2%
Mortgage Type
Fannie Mae Freddie Mac
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
Ralston Thomas $203,000 Minot Title Services
Young Charles C $63,900 Alliance Title Ins Agency In
Mcfarlane Pernell -- --
Mcfarlane Pernel $45,500 Attorney
Wells Fargo Bank Na -- None Available
King Jamal Deon $121,500 Republic Title Company
King Jamal Deon -- Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ralston Thomas $160,800
Previous Owner Young Charles C $51,120
Previous Owner Mcfarlane Pernel $36,000
Previous Owner King Jamal Deon $24,300
Previous Owner King Jamal Deon $97,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2022 03/18/22 Sold $203,000 +2.5% $250 / Sq Ft
01/30/2022 01/30/22 Pending -- -- --
01/27/2022 01/27/22 For Sale $198,000 0.0% $244 / Sq Ft
12/20/2021 12/20/21 Pending -- -- --
12/09/2021 12/09/21 For Sale $198,000 +211.8% $244 / Sq Ft
02/23/2018 02/23/18 Sold $63,500 -9.2% $78 / Sq Ft
08/28/2017 08/28/17 Pending -- -- --
08/14/2017 08/14/17 For Sale $69,900 -- $86 / 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
2025 $2,641 $131,400 -- --
2024 $2,512 $141,040 -- --
2023 $2,512 $132,260 $12,500 $119,760
2022 $1,122 $73,360 $0 $0
2021 $992 $50,860 $8,330 $42,530
2020 $981 $59,020 $6,750 $52,270
2019 $933 $37,500 $4,510 $32,990
2018 $926 $37,210 $4,510 $32,700
2017 $807 $31,340 $4,510 $26,830
2016 $654 $30,010 $4,510 $25,500
2015 $606 $24,040 $4,510 $19,530
2014 $561 $21,860 $4,510 $17,350
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2022

    Al Jenkins

    Jenkins Realty

    (321) 208-6775

    1 in this area

    40 Total Sales

    Al Jenkins
    Section Image
  • Amanda Mansueto

    Buyer's Agent in 2022

    Amanda Mansueto

    Blue Marlin Real Estate

    (321) 522-6228

    3 in this area

    61 Total Sales

    Amanda Mansueto
    Section Image

  • A

    Buyer's Agent in 2022

    Amanda Marie Mansueto

    Oceans Realty Florida

  • M

    Seller's Agent in 2018

    Marty Riley

    United Realty of Brevard, Inc.

    (321) 960-4353

    21 Total Sales

    Marty Riley
    Section Image
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Map

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

MLS Number: 922333

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-37-23-00-00055.0-0000.00

Florida Brevard County Palm Bay 32905 Bayfront Village

1589 Magnolia St NE, Palm Bay, FL

This home is located at 1589 Magnolia St NE, Palm Bay, FL 32905 since 28 January 2022 and is currently estimated at $200,146, approximately $246 per square foot. This property was built in 1962. 1589 Magnolia St NE is a home located in Brevard County with nearby schools including Palm Bay Elementary School, Stone Magnet Middle School, and Palm Bay Magnet Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Space Coast MLS (Space Coast Association of REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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