1961 Academy St NE Palm Bay, FL 32905
Port Malabar NeighborhoodEstimated payment $1,744/month
Highlights
- Popular Property
- No HOA
- Central Heating and Cooling System
- 1 Fireplace
- 1 Car Attached Garage
- Vinyl Flooring
About This Home
Priced to sell, well below the appraisal value! Down payment assistance, interest rate buy-down, and creative financing available.
This beautifully renovated, move-in ready home offers the perfect blend of comfort, convenience, and value. Inside, you'll find brand new flooring, fresh paint, a fully updated kitchen with all-new appliances, and stylishly modernized bathrooms. Upgrades include a new A/C unit, water heater, and electrical panel for added peace of mind. Accordion storm shutters on the front and patio doors provide extra protection. The spacious living room features a charming fireplace — ideal for cozy nights in.
Step outside to a fully fenced yard, perfect for relaxing or entertaining guests. Situated in a city water city sewer lot, this home is just 10 minutes from shopping, dining, offices, and I-95.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,985
Year Built
- Built in 1980
Lot Details
- 10,019 Sq Ft Lot
- Northeast Facing Home
- Chain Link Fence
Parking
- 1 Car Attached Garage
Home Design
- Block Exterior
Interior Spaces
- 1,665 Sq Ft Home
- 1-Story Property
- 1 Fireplace
- Vinyl Flooring
Kitchen
- Electric Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Schools
- Port Malabar Elementary School
- Stone Middle School
- Palm Bay High School
Utilities
- Central Heating and Cooling System
Community Details
- No Home Owners Association
- Port Malabar Unit 5 Subdivision
Listing and Financial Details
- Assessor Parcel Number 28-37-27-75-00128.0-0005.00
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 |
|---|---|---|---|---|
| 2024 | $4,696 | $222,550 | -- | -- |
| 2023 | $4,696 | $249,040 | $37,500 | $211,540 |
| 2022 | $2,062 | $148,430 | $0 | $0 |
| 2021 | $2,101 | $144,110 | $0 | $0 |
| 2020 | $2,058 | $142,130 | $18,000 | $124,130 |
| 2019 | $732 | $49,420 | $0 | $0 |
| 2018 | $715 | $48,500 | $0 | $0 |
| 2017 | $729 | $47,510 | $0 | $0 |
| 2016 | $544 | $46,540 | $6,000 | $40,540 |
| 2015 | $549 | $46,220 | $6,000 | $40,220 |
| 2014 | $549 | $45,860 | $6,000 | $39,860 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/14/2025 08/14/25 | For Sale | $265,000 | +45.2% | $159 / Sq Ft |
| 04/24/2025 04/24/25 | Sold | $182,525 | -6.3% | $110 / Sq Ft |
| 04/03/2025 04/03/25 | Pending | -- | -- | -- |
| 03/14/2025 03/14/25 | For Sale | $194,900 | 0.0% | $117 / Sq Ft |
| 03/07/2025 03/07/25 | Pending | -- | -- | -- |
| 02/24/2025 02/24/25 | Price Changed | $194,900 | -6.7% | $117 / Sq Ft |
| 01/26/2025 01/26/25 | Price Changed | $208,905 | -5.0% | $125 / Sq Ft |
| 12/15/2024 12/15/24 | For Sale | $219,900 | +29.4% | $132 / Sq Ft |
| 03/04/2019 03/04/19 | Sold | $169,900 | 0.0% | $102 / Sq Ft |
| 01/31/2019 01/31/19 | For Sale | $169,900 | 0.0% | $102 / Sq Ft |
| 01/28/2019 01/28/19 | Pending | -- | -- | -- |
| 01/20/2019 01/20/19 | Price Changed | $169,900 | -2.9% | $102 / Sq Ft |
| 12/08/2018 12/08/18 | For Sale | $174,900 | -- | $105 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $182,525 | None Listed On Document | |
| Special Warranty Deed | $182,525 | None Listed On Document | |
| Certificate Of Transfer | -- | -- | |
| Warranty Deed | $169,900 | Peninsula Title Services Llc | |
| Warranty Deed | -- | Attorney | |
| Warranty Deed | $60,000 | Peninsula Title Services Llc | |
| Special Warranty Deed | $39,900 | Attorney | |
| Warranty Deed | -- | Attorney | |
| Trustee Deed | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | $104,900 | State Title Associates Lllp | |
| Warranty Deed | $59,900 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $7,500 | Second Mortgage Made To Cover Down Payment | |
| Previous Owner | $166,822 | FHA | |
| Previous Owner | $85,000 | No Value Available | |
| Previous Owner | $42,000 | Stand Alone Second | |
| Previous Owner | $80,000 | No Value Available | |
| Previous Owner | $25,000 | New Conventional | |
| Previous Owner | $60,648 | No Value Available |
Source: Space Coast MLS (Space Coast Association of REALTORS®)
MLS Number: 1054572
APN: 28-37-27-75-00128.0-0005.00
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