NOT LISTED FOR SALE

161 Cascade Ave SE Palm Bay, FL 32909

Estimated Value: $306,000 - $371,000

0.24 Acre
$1,446,983 Price per Acre
10,454 Sq Ft Lot

Last Sold June 30, 2020

Last sale price $20,000

Est. 1,636% increase in value since last sale

Current estimated payment $2,313/month

113 Days on Market

Highlights

  • Active Adult
  • Interior Lot
  • 4-minute walk to Inspiration Park
  • Wooded Lot

About This Lot

As of June 2020

One of two lots available in Port Malbar Unit 9 Subdivision in Palm Bay, Florida.

Last Agent to Sell the Property

Tracy Nikolai

Epique Realty, Inc. Listed on: 02/13/2020

Epique Realty, Inc.

Last Buyer's Agent

Tracy Nikolai

Epique Realty, Inc. Listed on: 02/13/2020

Epique Realty, Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,945

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions: 83
  • Interior Lot
  • Wooded Lot

Schools

  • Not A Local Elementary And Middle School
  • Not A Local High School

Utilities

  • Natural Gas Not Available

Community Details

  • Active Adult
  • Property has a Home Owners Association
  • Port Malabar Subdivision

Listing and Financial Details

  • Assessor Parcel Number 293705GJ3044

Property Details

Property Type

Land

Est. Annual Taxes

$5,945

Lot Details

0

Listing Details

  • Parcel Number: 293705GJ3044
  • Property Type: Land
  • Electric: None
  • Property Sub Type: Residential Lots
  • Horses: No
  • Lot Size Acres: 0.24
  • Lot Size: 83 X 125
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: Port Malabar
  • Directions: Port Malabar, Florida
  • Special Features: None

Exterior Features

  • Lot Features: Wooded, Interior Lot, No Improvements
  • Waterfront Features: No Waterfront Features

Utilities

  • Sewer: None
  • Utilities: Natural Gas Not Available, None
  • Water Source: None

Condo/Co-op/Association

  • Community Features: 55 and Older
  • Senior Community: Yes
  • Association: Yes

Schools

  • Elementary School: Not A Local School
  • High School: Not A Local School
  • Middle Or Junior School: Not A Local School

Lot Info

  • Current Use: Residential
  • Land Lease Amount Frequency: Annually
  • Lot Size Sq Ft: 10454.4
  • Zoning Description: Deed Restrictions,Res Single
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 1, 2021
Sold by
Simpkins Home Builders Llc
Bought by
Butler David Scott and Butler Farah Deeba
Current Estimated Value
$347,276

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Outstanding Balance
$183,193
Interest Rate
2.1%
Mortgage Type
New Conventional
Estimated Equity
$164,083

Purchase Details

Closed on
Feb 5, 2021
Sold by
Butler David Scott and Butler Farab Deeba
Bought by
Simpkins Home Builders Llc

Purchase Details

Listed on
Feb 13, 2020
Closed on
Jun 30, 2020
Sold by
Collier Leonard
Bought by
Butler David Scott and Butler Farah Deeba
Seller's Agent
Tracy Nikolai
Epique Realty, Inc.
Buyer's Agent
Tracy Nikolai
Epique Realty, Inc.
List Price
$23,500
Sold Price
$20,000
Premium/Discount to List
-$3,500
-14.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
70.84%

Purchase Details

Closed on
Jan 1, 2017
Bought by
Collier Leonard

Purchase Details

Closed on
Mar 12, 1999
Sold by
Challenger Homes Inc
Bought by
Renar Dev Co

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,072
Interest Rate
6.74%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Butler David Scott $254,200 None Available
Simpkins Home Builders Llc -- None Available
Butler David Scott $20,000 Mosley & Wallis Ttl Svcs Inc
Collier Leonard $100 --
Renar Dev Co $7,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Butler David Scott $240,000
Previous Owner Renar Dev Co $6,072
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2020 07/01/20 Off Market $20,000 -- --
06/30/2020 06/30/20 Sold $20,000 -14.9% --
02/13/2020 02/13/20 For Sale $23,500 -- --
Source: Pensacola 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 $5,945 $299,370 -- --
2024 $3,764 $320,900 -- --
2023 $3,764 $240,020 $0 $0
2022 $3,641 $233,030 $0 $0
2021 $532 $25,500 $25,500 $0
2020 $359 $21,000 $21,000 $0
2019 $385 $18,500 $18,500 $0
2018 $330 $12,500 $12,500 $0
2017 $240 $2,875 $0 $0
2016 $162 $9,000 $9,000 $0
2015 $157 $9,000 $9,000 $0
2014 $134 $6,500 $6,500 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2020

    Tracy Nikolai

    Epique Realty, Inc.

    (757) 275-4322

    11 Total Sales

    Tracy Nikolai
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Map

Source: Pensacola Association of REALTORS®

MLS Number: 567726

Pensacola Association of REALTORS®

APN: 29-37-05-GJ-00304.0-0004.00

Florida Brevard County Palm Bay 32909

161 Cascade Ave SE, Palm Bay, FL

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