1961 Academy St NE Palm Bay, FL 32905
Port Malabar Neighborhood
3
Beds
2
Baths
1,665
Sq Ft
10,019
Sq Ft Lot
Highlights
- RV Access or Parking
- Contemporary Architecture
- Breakfast Area or Nook
- Open Floorplan
- No HOA
- 1 Car Attached Garage
About This Home
As of April 2025INVESTOR ALERT!! THIS IS A GEM FOR ONE LUCKY OWNER OFFERING RENTAL INCOME OR QUICK RETURN FLIP. LOCATED IN THE HEART OF PALM BAY ON CITY WATER AND SEWER JUST MOMENTS FROM SHOPPING, DINING, SCHOOLS PLUS EASY ACCESS TO INTERSTATE, RIVER AND BEACHES! HOME HAS OPEN FLOOR PLAN WITH SPACIOUS FENCED IN BACKYARD! KITCHEN IS OPEN TO FAMILY ROOM, WITH BREAKFAST BAR, EAT IN AREA AND IS PERFECT FOR ENTERTAINING. CALL TODAY FOR MORE INFORMATION OR TO SET UP A PRIVATE SHOWING! This property is being sold as-is, property is lender-owned and US Bank is making no representations or warranties.
Last Agent to Sell the Property
Waterman Real Estate, Inc. License #3186592 Listed on: 03/14/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,152
Year Built
- Built in 1980
Lot Details
- 10,019 Sq Ft Lot
- South Facing Home
- Privacy Fence
- Chain Link Fence
- Cleared Lot
Parking
- 1 Car Attached Garage
- Carport
- RV Access or Parking
Home Design
- Contemporary Architecture
- Fixer Upper
- Shingle Roof
- Wood Roof
- Block Exterior
- Stucco
Interior Spaces
- 1,665 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Built-In Features
- Ceiling Fan
- Wood Burning Fireplace
- Tile Flooring
- Laundry in Garage
Kitchen
- Breakfast Area or Nook
- Eat-In Kitchen
- Breakfast Bar
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
- Electric Water Heater
- Cable TV Available
Community Details
- No Home Owners Association
- Port Malabar Unit 5 Subdivision
Listing and Financial Details
- REO, home is currently bank or lender owned
- Assessor Parcel Number 28-37-27-75-00128.0-0005.00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 14, 2025
Closed on
Apr 8, 2025
Sold by
Us Bank National Association
Bought by
Sunshine Prime Real Estate Llc
Seller's Agent
Shirley Weems
Waterman Real Estate, Inc.
Buyer's Agent
Neel Sheth
Home Wise Realty Group, Inc.
List Price
$194,900
Sold Price
$182,525
Premium/Discount to List
-$12,375
-6.35%
Views
71
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
180.84%
Purchase Details
Closed on
Apr 5, 2023
Sold by
Marshall Norman Russell
Bought by
Us Bank National Association
Purchase Details
Listed on
Jan 31, 2019
Closed on
Mar 4, 2019
Sold by
Gagnon Edgar Joseph
Bought by
Marshall Norman Russell and Marshall Nicole
Seller's Agent
Janet Rochester
RE/MAX Aerospace Realty
Buyer's Agent
Kelsey Friedrich
Real Broker LLC
List Price
$169,900
Sold Price
$169,900
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.89%
Original Mortgage
$7,500
Interest Rate
4.4%
Mortgage Type
Second Mortgage Made To Cover Down Payment
Purchase Details
Closed on
May 18, 2017
Sold by
Gagnon Edgar Joseph and Kirby Gagnon Joy
Bought by
Gagnon Edgar Jospeh
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
4.02%
Purchase Details
Closed on
Jul 29, 2011
Sold by
Domenech Pedro
Bought by
Gagnon Edgar J and Kirby Gagnon Joy
Purchase Details
Closed on
Mar 25, 2011
Sold by
Federal National Mortgage Association
Bought by
Domenech Pedro
Purchase Details
Closed on
Jun 19, 2010
Sold by
Provincial Real Estate Of Administrative
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
Oct 8, 2008
Sold by
Purnal Jonathan and Mortgage Electronic Registrati
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
Sep 29, 2008
Sold by
Provincial Real Estate Administrative Se
Bought by
Purnal Jonathan and Purnal Ilene M
Purchase Details
Closed on
Oct 25, 2007
Sold by
Purnal Jonathan and Purnal Ilene M
Bought by
Provincial Real Estate Administrative Se and 1961 Academy Street Ne Family Land Trust
Purchase Details
Closed on
Apr 23, 2004
Sold by
Jones Marie A
Bought by
Raposo Duarte and Raposo Esvenalia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
5.38%
Purchase Details
Closed on
Jul 14, 1993
Sold by
Liddy Marjorie M
Bought by
Jones Henry and Jones Marie A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,648
Interest Rate
7.48%
Similar Homes in Palm Bay, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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 | -- |
Source: Public Records
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: Public Records
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 |
Source: Space Coast MLS (Space Coast Association of REALTORS®)
Tax History Compared to Growth
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 |
Source: Public Records
Agents Affiliated with this Home
-
Neel Sheth
N
Seller's Agent in 2025
Neel Sheth
Home Wise Realty Group, Inc.
(407) 712-2000
4 in this area
21 Total Sales
-
Shirley Weems
Seller's Agent in 2025
Shirley Weems
Waterman Real Estate, Inc.
(321) 900-9900
10 in this area
225 Total Sales
-
J
Seller's Agent in 2019
Janet Rochester
RE/MAX
-
Kelsey Friedrich
Buyer's Agent in 2019
Kelsey Friedrich
Real Broker LLC
(321) 987-0470
1 in this area
42 Total Sales
-
K
Buyer's Agent in 2019
Kelsey Nelson
RE/MAX
Map
Source: Space Coast MLS (Space Coast Association of REALTORS®)
MLS Number: 1032066
APN: 28-37-27-75-00128.0-0005.00
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.
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.
Nearby Homes
- 1238 Port Malabar Blvd NE
- 882 Wateroak Dr NE Unit Port Malabar Unit 59
- 1994 Mark Twain Ln NE
- 1995 Mark Twain Ln NE
- 1924 Elderberry Ct NE
- 1805 Shayne Ln NE
- 2025 Acacia St NE
- 840 Hawks Ridge Ct NE
- 1981 Tallowood Ct NE
- 2107 Advana St NE
- 741 Azure Ave NE
- 1841 Market Cir NE
- 1283 Goldenrod Cir NE
- 704 Cavio Ave NE Unit 5
- 1905 Sundew Ct NE
- 2148 Clover St NE
- 2192 Beekman St NE
- 2160 Algeria St NE
- 1825 Market Cir NE
- 2163 Advana St NE