NOT LISTED FOR SALE

228 Olsmar St SW Palm Bay, FL 32908

Southwest Palm Bay Neighborhood

Estimated Value: $365,680 - $401,000

-- Bed
-- Bath
-- Sq Ft
10,019 Sq Ft Lot

Last Sold July 17, 2017

Last sale price $9,000

Est. 4,146% increase in value since last sale

Current estimated payment $2,087/month

113 Days on Market

About This Home

As of July 2017

BEAUTIFUL CITY WATER/SEPTIC LOT IN AREA OF NICE HOMES. SHORT DRIVE TO SCHOOLS AND THE BAYSIDE LAKES SHOPPING AREA. THIS UNIT REQUIRES AN 1800 SQ FT UNDER AIR MINIMUM HOUSE SIZE WHEN BUILDING. BUYER TO ASSUME THE BALANCE OF THE CITY WATER ASSESSMENT THAT IS CURRENTLY BEING COLLECTED ON THE ANNUAL TAX BILL.

Last Agent to Sell the Property

Cheryl Smith

Cheryl Smith Realty, Inc License #426949 Listed on: 01/31/2017

Last Buyer's Agent

Cheryl Smith

Cheryl Smith Realty, Inc License #426949 Listed on: 01/31/2017

Home Details

Home Type

  • Single Family

Lot Details

  • 10,019

Schools

  • Westside Elementary School
  • Southwest Middle School
  • Bayside High School

Additional Features

  • 10,019 Sq Ft Lot
  • Septic Tank

Community Details

  • No Home Owners Association
  • Port Malabar Unit 31 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 29-36-25-Jp-01525.0-0012.00

Home Details

Home Type

Single Family

Lot Details

0

Listing Details

  • Property Type: Land
  • Reso Property Sub Type: Unimproved Land
  • Road Surface Type: Paved
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Port Malabar Unit 31
  • Location Tax and Legal Parcel Number2: 29-36-25-Jp-01525.0-0012.00
  • Location Tax and Legal Elementary School: Westside
  • Location Tax and Legal Middle School2: Southwest
  • Location Tax and Legal High School: Bayside
  • Location Tax and Legal Tax Annual Amount: 372.69
  • Location Tax and Legal Tax Year2: 2016
  • General Property Information Lot Size Acres: 0.23
  • General Property Information Lot Size Square Feet2: 10019.0
  • General Property Information Waterfront YN: No
  • General Property Information Senior Community YN: No
  • Water Source Public: Yes
  • Special Features: None
  • Property Sub Type: Detached

Exterior Features

  • Acres: 0.23
  • Waterfront: No

Utilities

  • Water Source: Public
  • 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, Single Family
  • Lot Size Sq Ft: 10019.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 29-36-25-Jp-01525.0-0012.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 372.69

MLS Schools

  • Elementary School: Westside
  • High School: Bayside

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 21, 2018
Sold by
Holiday Builders Inc
Bought by
Nesbit Ronald Leon and Nesbit Jennifer Leigh
Current Estimated Value
$382,170

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,247
Interest Rate
4.32%
Mortgage Type
VA

Purchase Details

Listed on
Jan 31, 2017
Closed on
Jul 5, 2017
Sold by
Banks Ronald E and Banks Lillernor A
Bought by
Holiday Builders Inc
Seller's Agent
Cheryl Smith
Cheryl Smith Realty, Inc
Buyer's Agent
Cheryl Smith
Cheryl Smith Realty, Inc
List Price
$10,000
Sold Price
$9,000
Premium/Discount to List
-$1,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
58.04%

Purchase Details

Closed on
May 6, 2005
Sold by
Garrick Esmeta and Garrick Edwin
Bought by
Banks Ronald E and Banks Lillernor A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,450
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 11, 2004
Sold by
Men At Work Construction Group Inc
Bought by
Garrick Edwin and Garrick Esmeta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,675
Interest Rate
5.49%
Mortgage Type
Balloon
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
Nesbit Ronald Leon $250,300 Hb Title Inc
Holiday Builders Inc $9,000 Hb Title Inc
Banks Ronald E $55,000 Alday Donalson Title Agencie
Garrick Edwin $49,800 Fidelity Natl Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nesbit Ronald Leon $349,000
Closed Nesbit Ronald Leon $258,115
Closed Nesbit Ronald Leon $259,500
Closed Nesbit Ronald Leon $254,200
Closed Nesbit Ronald Leon $250,247
Previous Owner Banks Ronald E $45,450
Previous Owner Garrick Edwin $36,675
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2017 07/17/17 Sold $9,000 -10.0% --
05/25/2017 05/25/17 Pending -- -- --
01/31/2017 01/31/17 For Sale $10,000 -- --
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
2024 $91 $231,140 -- --
2023 $91 $224,410 $0 $0
2022 $87 $217,880 $0 $0
2021 $350 $211,540 $0 $0
2020 $349 $208,620 $0 $0
2019 $396 $203,930 $7,500 $196,430
2018 $528 $6,400 $6,400 $0
2017 $435 $1,250 $0 $0
2016 $373 $4,500 $4,500 $0
2015 $365 $4,000 $4,000 $0
2014 $358 $3,500 $3,500 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2017

    Cheryl Smith

    Cheryl Smith Realty, Inc

    (321) 544-8449

    555 in this area

    1,478 Total Sales

    Cheryl Smith
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Map

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

MLS Number: 774525

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 29-36-25-JP-01525.0-0012.00

Florida Brevard County Palm Bay 32908 Southwest Palm Bay

228 Olsmar St SW, Palm Bay, FL

This home is located at 228 Olsmar St SW, Palm Bay, FL 32908 since 31 January 2017 and is currently estimated at $382,170. 228 Olsmar St SW is a home located in Brevard County with nearby schools including Westside Elementary School, Southwest Middle School, and Bayside High School.

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.

Space Coast MLS (Space Coast Association of REALTORS®) 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.

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