NOT LISTED FOR SALE

2525 Spence Dr NE Palm Bay, FL 32905

Estimated Value: $252,000 - $330,000

3 Beds
1.5 Baths
1,437 Sq Ft
$196/Sq Ft Est. Value

Last Sold December 29, 2023

Last sale price $270,000 $188 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,734/month

19 Days on Market

Highlights

  • No HOA
  • 3 Car Garage
  • Patio
  • Screened Porch
  • Hurricane or Storm Shutters
  • Living Room

About This Home

As of December 2023

Welcome to your beautiful Florida home! This beautifully maintained 3 bedroom, 1.5 bath residence is a coastal paradise located on the renowned Space Coast, mere minutes away from downtown Melbourne, the tranquil river, and stunning beaches. Nestled in an established neighborhood, this home is the epitome of convenience, comfort, and coastal living at its finest. Don't miss this opportunity to own a slice of the Space Coast lifestyle. Whether you're a growing family, a retiree looking for a peaceful retreat, or someone who appreciates the natural beauty of the Space Coast, this home has it all.

Last Agent to Sell the Property

Rebekah Scott

Blue Marlin Real Estate License #3552760 Listed on: 11/26/2023

Blue Marlin Real Estate

Last Buyer's Agent

Joan Wear

Legacy Real Estate Group License #3351705

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,991

Year Built

  • Built in 1960

Lot Details

  • 9,583 Sq Ft Lot
  • South Facing Home
  • Wood Fence
  • Chain Link Fence
  • Front and Back Yard Sprinklers

Parking

  • 3 Car Garage

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Asphalt

Interior Spaces

  • 1,437 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Screened Porch
  • Carpet
  • Electric Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry in Garage
  • Washer and Gas Dryer Hookup

Home Security

  • Security System Owned
  • Hurricane or Storm Shutters

Outdoor Features

  • Patio

Schools

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

Utilities

  • Central Heating and Cooling System
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Farview Subd, Replat Of Pt Of Association
  • Farview Subd Replat Of Pt Of Subdivision

Listing and Financial Details

  • Assessor Parcel Number 28-37-11-76-0000f.0-0006.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,991

Year Built

Built in 1960

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 1960
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, In Garage, Washer Hookup
  • ResoLotFeatures: Sprinklers In Front, Sprinklers In Rear
  • Road Surface Type: Asphalt
  • ResoSecurityFeatures: Security System Owned
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Farview Subd Replat of Pt of
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 28-37-11-76-0000f.0-0006.00
  • Location Tax and Legal Elementary School: Palm Bay Elem
  • Location Tax and Legal Middle School2: Stone
  • Location Tax and Legal High School: Palm Bay
  • Location Tax and Legal Tax Year2: 2023
  • General Property Information Living Area2: 1437.0
  • General Property Information Building Area Total3: 1687.0
  • General Property Information Lot Size Acres: 0.22
  • General Property Information Lot Size Square Feet2: 9583.0
  • General Property Information New Construction YN: No
  • General Property Information Waterfront YN: No
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: South
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Fencing Fenced2: Yes
  • Fencing Wood2: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Levels One: Yes
  • Pets Allowed Yes: Yes
  • Road Surface Type Asphalt: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Electricity Connected: Yes
  • Flooring Carpet: Yes
  • Water Source Well: Yes
  • Fencing Chain Link: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • Room Types Dining Room: Yes
  • Security Features Security System Owned: Yes
  • Room Types Family Room: Yes
  • Room Types Living Room: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Primary Bathroom - Tub with Shower
  • Flooring: Carpet
  • Appliances: Electric Range, Electric Water Heater, Refrigerator
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning, Other
  • ResoLivingAreaSource: PublicRecords
  • General Property Information Bathrooms Half: 1
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Fireplace Features:Wood Burning: Yes

Exterior Features

  • Exterior Features: Storm Shutters
  • Pool Features: None
  • Roof: Shingle
  • Fencing: Chain Link, Fenced, Wood
  • Acres: 0.22
  • Waterfront: No
  • Construction Type: Block, Concrete
  • Direction Faces: South
  • Patio And Porch Features: Patio, Porch, Screened
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Exterior Features:Storm Shutters: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Lot Features:Sprinklers In Rear: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: Attached, Detached, Garage
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 3.0
  • Laundry Features:In Garage: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Detached: Yes

Utilities

  • Cooling: Central Air
  • Utilities: Electricity Connected
  • Heating: Central
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public, Well
  • Heating:Central: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Name: FARVIEW SUBD, REPLAT OF PT OF
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No
  • General Property Information:Association Name: FARVIEW SUBD, REPLAT OF PT OF

Schools

  • Middle Or Junior School: Stone

Lot Info

  • Lot Size Sq Ft: 9583.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2825770
  • Parcel #: 28-37-11-76-0000f.0-0006.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2023

MLS Schools

  • Elementary School: Palm Bay Elem
  • High School: Palm Bay

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 26, 2023
Closed on
Dec 29, 2023
Sold by
Esther Faye Brooks Revocable Living Trus
Bought by
Howard Stephen
Seller's Agent
Rebekah Scott
Blue Marlin Real Estate
Buyer's Agent
Joan Wear
Legacy Real Estate Group
List Price
$265,000
Sold Price
$270,000
Premium/Discount to List
$5,000
1.89%
Views
20
Current Estimated Value
$280,996

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,996
Avg. Annual Appreciation
2.26%
Original Mortgage
$278,910
Outstanding Balance
$274,334
Interest Rate
7.29%
Mortgage Type
VA
Estimated Equity
$6,662

Purchase Details

Closed on
Nov 6, 1998
Sold by
Brooks Esther Faye
Bought by
Brooks Esther Faye
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Howard Stephen $270,000 Dockside Title
Brooks Esther Faye -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Howard Stephen $278,910
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/29/2023 12/29/23 Sold $270,000 +1.9% $188 / Sq Ft
11/29/2023 11/29/23 For Sale $265,000 0.0% $184 / Sq Ft
11/28/2023 11/28/23 Pending -- -- --
11/26/2023 11/26/23 For Sale $265,000 0.0% $184 / Sq Ft
11/21/2023 11/21/23 Pending -- -- --
11/20/2023 11/20/23 For Sale $265,000 0.0% $184 / Sq Ft
11/13/2023 11/13/23 Pending -- -- --
11/09/2023 11/09/23 For Sale $265,000 -- $184 / Sq Ft
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
2025 $2,991 $159,840 -- --
2024 $300 $201,610 -- --
2023 $300 $45,150 $0 $0
2022 $345 $43,840 $0 $0
2021 $336 $42,570 $0 $0
2020 $323 $41,990 $0 $0
2019 $466 $41,050 $0 $0
2018 $455 $40,290 $0 $0
2017 $470 $39,470 $0 $0
2016 $284 $38,660 $7,500 $31,160
2015 $286 $38,400 $5,000 $33,400
2014 $284 $38,100 $5,000 $33,100
Source: Public Records

Agents Affiliated with this Home

  • Rebekah Scott

    Seller's Agent in 2023

    Rebekah Scott

    Blue Marlin Real Estate

    (321) 305-9751

    43 Total Sales

    Rebekah Scott
    Section Image
  • Joan Wear

    Buyer's Agent in 2023

    Joan Wear

    Legacy Real Estate Group

    (321) 427-4338

    36 Total Sales

    Joan Wear
    Section Image
See All Agents

Map

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

MLS Number: 979944

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-37-11-76-0000F.0-0006.00

Florida Brevard County Palm Bay 32905

2525 Spence Dr NE, Palm Bay, FL

This home is located at 2525 Spence Dr NE, Palm Bay, FL 32905 since 26 November 2023 and is currently estimated at $280,996, approximately $195 per square foot. This property was built in 1960. 2525 Spence Dr NE is a home located in Brevard County with nearby schools including Palm Bay Elementary School, Stone Magnet Middle School, and Palm Bay Magnet Senior 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.

Nearby Homes