NOT LISTED FOR SALE

1863 Farmhouse Rd SE Palm Bay, FL 32909

Estimated Value: $354,000 - $411,000

4 Beds
2 Baths
1,825 Sq Ft
$205/Sq Ft Est. Value

Last Sold February 21, 2023

Last sale price $362,250 $198 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,453/month

Highlights

  • Lake Front
  • Living Room
  • 2 Car Garage
  • No HOA
  • Central Heating and Cooling System
  • Southeast Facing Home

About This Home

As of July 2024

EASY MOVE IN. No last month, only first and security!! Fall in love with this spacious, light and bright most favorite DELRAY model home built in 2023 offering SS appliances, Full size washer and dryer, ceiling fans with lights in every room sits on a oversized lot with a serene water view. Cypress Bay is a gated community offering pool, sidewalk and peaceful neighborhood for a clam and relaxing living. Florida's finest, close to shopping, dinning and beach. Come take a look today!

Last Agent to Rent the Property

Mahmud Rahman

Rahman Realty License #3133903 Listed on: 04/03/2024

Rahman Realty

Last Renter's Agent

Julia Dietze

Housing Market LLC License #3437276

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,725

Year Built

  • Built in 2023

Lot Details

  • 8,712 Sq Ft Lot
  • Lake Front
  • Southeast Facing Home

Parking

  • 2 Car Garage

Interior Spaces

  • 1,825 Sq Ft Home
  • 1-Story Property
  • Living Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • Sunrise Elementary School
  • Southwest Middle School
  • Bayside High School

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Cypress Bay Preserve Phase 2 Subdivision

Listing and Financial Details

  • Property Available on 5/16/24
  • Assessor Parcel Number 30-37-03-51-00000.0-0262.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,725

Year Built

Built in 2023

Lot Details

0

Parking

2

Rental Info

  • Furnished: Unfurnished
  • Lease Term: 12 Months
  • Available Date: 2024-05-16

Listing Details

  • Property Type: Residential Lease
  • Year Built: 2023
  • Reso Property Sub Type: Single Family Residence
  • Subdivision Name: Cypress Bay Preserve Phase 2
  • Carport Y N: No
  • Garage Yn: Yes
  • Location Tax and Legal Parcel Number2: 30-37-03-51-00000.0-0262.00
  • Location Tax and Legal Elementary School: Sunrise
  • Location Tax and Legal Middle School2: Southwest
  • Location Tax and Legal High School: Bayside
  • General Property Information Living Area2: 1825.0
  • General Property Information Lot Size Acres: 0.2
  • General Property Information Waterfront YN: Yes
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: Southeast
  • Cooling Central Air: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • Room Types Living Room: Yes
  • General Property Information Stories Total: 1
  • Utilities Electricity Available: Yes
  • Room Types Primary Bedroom Level: First
  • General Property Information:Pool Private YN: No
  • Special Features: 4098
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Total Bedrooms: 2
  • Stories: 1
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Pool Features: None
  • Acres: 0.2
  • Pool Private: No
  • Waterfront: Yes
  • Direction Faces: Southeast
  • Waterfront Features:Lake Front: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Garage
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Garage: Yes

Utilities

  • Cooling: Central Air
  • Utilities: Electricity Available, Water Available
  • Heating: Central
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: Southwest

Lot Info

  • Lot Size Sq Ft: 8712.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 3026252
  • Parcel #: 30-37-03-51-00000.0-0262.00
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Sunrise
  • High School: Bayside

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2022
Closed on
Feb 17, 2023
Sold by
D R Horton Inc
Bought by
Khan Eram Rahman
Seller's Agent
Liz Boley
EXP Realty, LLC
Buyer's Agent
Non-Member Non-Member Out Of Area
Non-MLS or Out of Area
List Price
$362,250
Sold Price
$362,250
Views
78
Current Estimated Value
$373,743

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,493
Avg. Annual Appreciation
1.18%
Original Mortgage
$289,800
Outstanding Balance
$280,707
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$93,036
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
Khan Eram Rahman $362,250 Dhi Title Of Florida
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khan Eram Rahman $289,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/01/2024 07/01/24 Rented $2,200 0.0% --
06/25/2024 06/25/24 Under Contract -- -- --
06/05/2024 06/05/24 Price Changed $2,200 -4.3% $1 / Sq Ft
05/02/2024 05/02/24 Price Changed $2,300 -2.1% $1 / Sq Ft
04/03/2024 04/03/24 For Rent $2,350 +2.2% --
05/15/2023 05/15/23 Rented $2,300 0.0% --
05/04/2023 05/04/23 Under Contract -- -- --
04/25/2023 04/25/23 Price Changed $2,300 -2.1% $1 / Sq Ft
04/11/2023 04/11/23 Price Changed $2,350 -9.6% $1 / Sq Ft
04/05/2023 04/05/23 Price Changed $2,600 -13.3% $1 / Sq Ft
02/26/2023 02/26/23 For Rent $3,000 0.0% --
02/21/2023 02/21/23 Sold $362,250 0.0% $178 / Sq Ft View Prior Sale
10/25/2022 10/25/22 Pending -- -- --
10/24/2022 10/24/22 For Sale $362,250 -- $178 / 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 $5,725 $332,120 -- --
2024 $1,017 $310,190 -- --
2023 $1,017 $55,000 $55,000 $0
2022 $933 $50,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 1009721

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 30-37-03-51-00000.0-0262.00