$63,500
SOLD FEB 23, 2018

1589 Magnolia St NE Palm Bay, FL 32905

Bayfront Village Neighborhood
2 Beds
1 Bath
812 Sq Ft
3,485 Sq Ft Lot

Recently Sold

$78 Per Sq Ft

9% Below List Price

13 Days on Market

Highlights

  • Open Floorplan
  • 1-Story Property
  • South Facing Home
  • No HOA
  • Central Air
  • Wood Siding

About This Home

As of March 2022

SUPER LOCATION VERY CLOSE TO HARRIS AND US 1.THIS COMPACT HOUSE NEEDS SOME TLC BUT DOES NOT APPEAR TO BE ANYTHING MAJOR NOT MUCH AROUND AT THIS PRICE AND YOUR WELCOME TO LOOK AND MAKE OFFER .NOTE PER ATTORNEY NOW IN PROBATE ALLOW ON OR BEFORE OCT 1ST TO COMPLETE FOR CLOSE OF ESCROW

Last Agent to Sell the Property

Marty Riley

United Realty of Brevard, Inc. License #386251 Listed on: 08/14/2017

Last Buyer's Agent

Al Jenkins

Jenkins Realty License #3204863

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,641

Year Built

  • Built in 1962

Lot Details

  • Street terminates at a dead end
  • South Facing Home

Home Design

  • Frame Construction
  • Shingle Roof
  • Wood Siding
  • Asphalt

Interior Spaces

  • 812 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Carpet
  • Electric Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

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

Utilities

  • Central Air
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 28-37-23-00-55

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,641

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: 28-37-23-00-55
  • Location Tax and Legal Elementary School: Palm Bay Elem
  • Location Tax and Legal Middle School2: Stone
  • Location Tax and Legal High School: Palm Bay
  • General Property Information Living Area2: 812.0
  • 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 Refrigerators: Yes
  • Cooling Central Air: Yes
  • Levels One: Yes
  • Lot Features Dead End Street: Yes
  • Road Surface Type Asphalt: Yes
  • Roof:Shingle: Yes
  • Utilities Cable Available: Yes
  • Flooring Carpet: Yes
  • General Property Information Carport YN2: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Open Floorplan
  • Flooring: Carpet
  • Appliances: Electric Range, Electric Water Heater, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • ResoLivingAreaSource: PublicRecords
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Open Floorplan: Yes

Exterior Features

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

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

  • Cooling: Central Air
  • Utilities: Cable Available
  • Cooling Y N: Yes
  • Sewer Septic Tank: 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

  • Additional Parcels Description: 2832219
  • Parcel #: 28-37-23-00-55

Rental Info

  • Furnished: Unfurnished

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
Not Available
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 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
Source: Public Records

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: 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: 791623

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 and is currently priced at $63,500, approximately $78 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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