1589 Magnolia St NE Palm Bay, FL 32905
Estimated payment $1,517/month
Highlights
- No HOA
- Central Heating and Cooling System
- Stacked Washer and Dryer
- Tankless Water Heater
- West Facing Home
- 1-Story Property
About This Home
Charming 2 Bedroom, 1 Bath Home - Light, Bright & Move-In Ready! Discover this small but wonderfully functional home tucked away on a peaceful dead-end street, offering exceptional privacy and a serene setting. Thoughtfully renovated and lovingly maintained by its owner, this property blends comfort, character, and low-maintenance living. Step inside to an inviting open floor plan filled with natural light. The bright and airy living area flows seamlessly into the stylish kitchen and dining space—perfect for everyday living or entertaining. The home features a metal roof for long-lasting durability, tankless hot water heater, laminate and tile flooring, stainless steel appliances, ample cabinet space, and more. Outdoor living shines here with great usable yard space ideal for relaxing, gardening, or enjoying the Florida sunshine.
Conveniently located minutes from the Indian River, beautiful beaches, hospital, restaurants, shops, and more. This home puts everything you need within easy reach while still offering a quiet retreat. Whether you're looking for a full-time residence or a cozy coastal getaway, this lovingly cared-for home is ready to welcome you. Don't miss out!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,447
Year Built
- Built in 1962
Lot Details
- 3,485 Sq Ft Lot
- Street terminates at a dead end
- West Facing Home
Parking
- Off-Street Parking
Home Design
- Frame Construction
- Metal Roof
Interior Spaces
- 812 Sq Ft Home
- 1-Story Property
Kitchen
- Electric Oven
- Electric Range
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Laundry
- Laundry in unit
- Stacked Washer and Dryer
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/24/2025 11/24/25 | For Sale | $249,500 | +22.9% | $307 / Sq Ft | |
| 03/18/2022 03/18/22 | Sold | $203,000 | +2.5% | $250 / Sq Ft | View Prior Sale |
| 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 | View Prior Sale |
| 08/28/2017 08/28/17 | Pending | -- | -- | -- | |
| 08/14/2017 08/14/17 | For Sale | $69,900 | -- | $86 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $203,000 | Minot Title Services | |
| Personal Reps Deed | $63,900 | Alliance Title Ins Agency In | |
| Deed | -- | -- | |
| Special Warranty Deed | $45,500 | Attorney | |
| Trustee Deed | -- | None Available | |
| Warranty Deed | $121,500 | Republic Title Company | |
| Warranty Deed | -- | Republic Title Company |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $160,800 | New Conventional | |
| Previous Owner | $51,120 | New Conventional | |
| Previous Owner | $36,000 | Purchase Money Mortgage | |
| Previous Owner | $24,300 | Fannie Mae Freddie Mac | |
| Previous Owner | $97,200 | Fannie Mae Freddie Mac |
Source: Space Coast MLS (Space Coast Association of REALTORS®)
MLS Number: 1062866
APN: 28-37-23-00-00055.0-0000.00
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