NOT LISTED FOR SALE

1956 Positano Dr Malabar, FL 32950

Estimated Value: $921,000 - $1,063,000

1.38 Acres
$712,509 Price per Acre
60,113 Sq Ft Lot

Last Sold August 28, 2019

Last sale price $57,000

Est. 1,625% increase in value since last sale

Current estimated payment $5,840/month

144 Days on Market

Highlights

  • Lake Front
  • Wooded Lot
  • Cul-De-Sac
  • Home fronts a pond

About This Lot

As of August 2019

LAKEFRONT IN MALABAR! ALMOST 1.5 ACRES IN THE SECURITY GATED COMMUNITY OF ''OAKMONT PRESERVE!'' BUILD YOUR DREAM HOME ON A PRIVATE CUL-DE-SAC WITH FANTASTIC WATER VIEWS & NATURE PRESERVE LAND! This unique equestrian community has allowed for 50% of the two hundred acre neighborhood to be utilized for spectacular lakes & peaceful nature preserves. ''Oakmont Preserve'' is deed restricted with underground utilities & only 58 (1+ Acre) home sites which protect your investment for years to come! Enjoy the tranquility of living on your own private estate yet so close to shopping, schools, restaurants, entertainment, parks + easy access to I-95 & US 1! Horse back riding on the nearby 22 mile Buffer preserve is absolutely priceless...FLORIDA EQUESTRIAN OUTDOOR LIVING IN A VERY CONVENIENT LOCATION! LOCATION!

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $749

Lot Details

  • 1.38 Acre Lot
  • Home fronts a pond
  • Lake Front
  • Cul-De-Sac
  • Irregular Lot
  • Wooded Lot
  • Many Trees

HOA Fees

  • $63 Monthly HOA Fees

Schools

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

Utilities

  • Well
  • Septic Tank
  • Cable TV Available

Community Details

  • Association fees include security
  • Oakmont Preserve Subdivision

Listing and Financial Details

  • Assessor Parcel Number 29-38-06-Uu-00000.0-0032.00

Property Details

Property Type

Land

Est. Annual Taxes

$749

Lot Details

0

HOA Fees

$63 per month

Listing Details

  • Property Type: Land
  • Reso Property Sub Type: Unimproved Land
  • ResoLotFeatures: Cul-De-Sac, Irregular Lot, Many Trees, Wooded
  • Road Surface Type: Paved
  • Reso Association Fee Includes: Security
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Oakmont Preserve Subdivision
  • Location Tax and Legal Parcel Number2: 29-38-06-Uu-00000.0-0032.00
  • Location Tax and Legal Elementary School: Port Malabar
  • Location Tax and Legal Middle School2: Stone
  • Location Tax and Legal High School: Palm Bay
  • Location Tax and Legal Tax Annual Amount: 749.01
  • Location Tax and Legal Tax Year2: 2018
  • General Property Information Lot Size Acres: 1.38
  • General Property Information Lot Size Square Feet2: 60113.0
  • General Property Information Waterfront YN: Yes
  • General Property Information Senior Community YN: No
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Water Source Well: Yes
  • General Property Information Number Of Lots2: 1.0
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 1.38
  • Waterfront Features: Lake Front, Pond
  • Waterfront: Yes
  • Lot Features:Cul-De-Sac: Yes
  • Lot Features:Wooded: Yes
  • Waterfront Features:Lake Front: Yes
  • Waterfront Features:Pond2: Yes
  • Lot Features:Irregular Lot: Yes
  • Lot Features:Many Trees: Yes

Utilities

  • Utilities: Cable Available, Electricity Connected
  • Water Source: Well
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 750.0
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 750.0
  • General Property Information:Association Fee Frequency: Annually
  • Association Fee Includes:Security: Yes

Schools

  • Middle Or Junior School: Stone

Lot Info

  • Number Of Lots: 1
  • Current Use: Residential, Single Family
  • Lot Size Sq Ft: 60113.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 29-38-06-Uu-00000.0-0032.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 749.01

MLS Schools

  • Elementary School: Port Malabar
  • High School: Palm Bay

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2019
Closed on
Aug 28, 2019
Sold by
Braid Chad and Braid Kristina
Bought by
Olmstead Austin Iii Needham L and Olmstead Austin Janice
List Price
$74,500
Sold Price
$57,000
Premium/Discount to List
-$17,500
-23.49%
Current Estimated Value
$983,262

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$926,262
Avg. Annual Appreciation
55.61%

Purchase Details

Closed on
Apr 25, 2016
Sold by
Braid Chad and Braid Kristina
Bought by
Braid Chad and Braid Kristina

Purchase Details

Closed on
Apr 1, 2016
Bought by
Chad Braid & Kristina Braid Re

Purchase Details

Closed on
Jun 28, 2006
Sold by
Malabar Preferred Communities
Bought by
Braid Chad and Braid Kristina
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Olmstead Austin Iii Needham L $57,000 Supreme Title Closings Llc
Braid Chad -- Attorney
Chad Braid & Kristina Braid Re $100 --
Braid Chad $90,100 Alliance Title Brevard Llc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2019 08/28/19 Sold $57,000 -18.0% --
08/07/2019 08/07/19 Pending -- -- --
05/27/2019 05/27/19 Price Changed $69,500 -6.7% --
03/15/2019 03/15/19 For Sale $74,500 -- --
Source: Space Coast MLS (Space Coast Association of REALTORS®)

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 $7,997 $568,340 -- --
2024 $7,848 $552,330 -- --
2023 $7,848 $536,250 $0 $0
2022 $7,320 $520,640 $0 $0
2021 $7,598 $535,370 $48,000 $487,370
2020 $698 $48,000 $48,000 $0
2019 $736 $50,000 $50,000 $0
2018 $749 $50,000 $50,000 $0
2017 $760 $12,250 $0 $0
2016 $485 $37,500 $37,500 $0
2015 $483 $37,500 $37,500 $0
2014 $341 $20,000 $20,000 $0
Source: Public Records

Map

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

MLS Number: 839707

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 29-38-06-UU-00000.0-0032.00