NOT LISTED FOR SALE

2118 Sapelo Ave SE Palm Bay, FL 32909

Estimated Value: $42,000 - $309,000

0.27 Acre
$493,826 Price per Acre
11,761 Sq Ft Lot

Last Sold April 14, 2023

Last sale price $40,000

Est. 233% increase in value since last sale

Current estimated payment $761/month

33 Days on Market

About This Lot

As of April 2023

Drive by to appreciate! Lot is already cleared ready to build your dream home! The lot is 92.71 ft by 125 ft and ready to build!

Price is firm.

Last Agent to Sell the Property

Amanda Rae Ebbert

Blue Marlin Real Estate License #3523999 Listed on: 02/10/2023

Blue Marlin Real Estate

Last Buyer's Agent

Marie Candelaria

Engel & Voelkers Melb. Central License #3453739

Engel & Voelkers Melb. Central

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $293

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 92.71 x 125
  • Cleared Lot

Schools

  • Port Malabar Elementary School
  • Southwest Middle School
  • Bayside High School

Utilities

  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2940406

Property Details

Property Type

Land

Est. Annual Taxes

$293

Lot Details

0

Listing Details

  • Property Type: Land
  • Reso Property Sub Type: Unimproved Land
  • ResoLotFeatures: Cleared
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: None
  • Location Tax and Legal Parcel Number2: 2940406
  • Location Tax and Legal Elementary School: Port Malabar
  • Location Tax and Legal Middle School2: Southwest
  • Location Tax and Legal High School: Bayside
  • General Property Information Lot Size Acres: 0.27
  • General Property Information Waterfront YN: No
  • General Property Information Senior Community YN: No
  • General Property Information Lot Size Dimensions: 92.71 x 125
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 0.27
  • Waterfront: No
  • Lot Features:Cleared: Yes

Utilities

  • Sewer Septic Tank: 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

  • Current Use: Residential
  • Lot Dimensions: 92.71 x 125
  • Lot Size Sq Ft: 11761.2
  • ResoLotSizeUnits: Acres
  • Parcel #: 2940406
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Port Malabar
  • High School: Bayside

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2023
Closed on
Apr 14, 2023
Sold by
Morgan Michael David
Bought by
Maravi Nayra
Seller's Agent
Amanda Rae Ebbert
Blue Marlin Real Estate
Buyer's Agent
Marie Candelaria
Engel & Voelkers Melb. Central
List Price
$46,000
Sold Price
$40,000
Premium/Discount to List
-$6,000
-13.04%
Views
53
Current Estimated Value
$133,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,333
Avg. Annual Appreciation
80.88%

Purchase Details

Closed on
Jan 9, 2023
Sold by
Cobham Michael and Cobham Delmar
Bought by
Morgan Michael David

Purchase Details

Closed on
May 15, 2015
Sold by
Berner George E and George E & Evelyn L Berner Tru
Bought by
Cobham Delmar and Cobham Michael

Purchase Details

Closed on
Nov 18, 2008
Sold by
Berner George E and Berner Evelyn L
Bought by
Berner George E and Berner Evelyn L

Purchase Details

Closed on
Aug 30, 2004
Sold by
Madarang Edwin L and Madarang Fe M
Bought by
Berner George E and Berner Evelyn L
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
Maravi Nayra $40,000 Dockside Title
Morgan Michael David -- Peninsula Title
Cobham Delmar $5,500 Peninsula Title Services Llc
Berner George E -- None Available
Berner George E $18,500 State Title Partners Llp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maravi Nayra $323,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2023 04/14/23 Sold $40,000 -4.8% --
03/16/2023 03/16/23 Pending -- -- --
03/02/2023 03/02/23 Price Changed $42,000 -8.7% --
02/10/2023 02/10/23 For Sale $46,000 +15.0% --
02/10/2023 02/10/23 Off Market $40,000 -- --
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
2023 $293 $25,000 $0 $0
2022 $254 $22,000 $0 $0
2021 $179 $8,500 $8,500 $0
2020 $163 $7,500 $7,500 $0
2019 $210 $6,600 $6,600 $0
2018 $196 $5,600 $5,600 $0
2017 $198 $1,300 $0 $0
2016 $129 $5,000 $5,000 $0
2015 $104 $4,200 $4,200 $0
2014 -- $3,700 $3,700 $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: 956988

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 29-37-21-GR-00963.0-0001.00