$590,000
SOLD JUN 13, 2025

2565 Billie Ln Malabar, FL 32950

4 Beds
3 Baths
3,743 Sq Ft
1.4 Acres

Recently Sold

$158 Per Sq Ft

7% Below List Price

74 Days on Market

Highlights

  • In Ground Pool
  • Open Floorplan
  • Bonus Room
  • Pond View
  • Contemporary Architecture
  • Great Room

About This Home

As of June 2025

Lender required repairs have been made. Repairs include: New roof, 3 new HVAC systems, New carpet, New interior doors, New exterior paint, New drainfield, 2 new water heaters and water softener, New pool pump and drywall repairs so it it ready for your paint. Beautiful lot with a pond. 1.4 acres. Ready for your final touches to make it your home. This property is eligible under the Freddie Mac First Look Initiative. Only owner occupant offers will be considered the first 30 days of the listing.

Last Agent to Sell the Property

Ronald Gentile

Orlando REO Professionals, INC License #679907 Listed on: 02/21/2025

Co-Listed By

Robert Vannucchi

Homegenius Real Estate LLC License #3210442

Last Buyer's Agent

Non-Member Non-Member Out Of Area

Non-MLS or Out of Area License #nonmls

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,416

Year Built

  • Built in 1990

Lot Details

  • 1.4 Acre Lot
  • Dirt Road
  • West Facing Home
  • Wood Fence
  • Many Trees

Home Design

  • Contemporary Architecture
  • Fixer Upper
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 3,743 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Entrance Foyer
  • Great Room
  • Family Room
  • Dining Room
  • Bonus Room
  • Screened Porch
  • Pond Views
  • Eat-In Kitchen

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • 3 Full Bathrooms

Parking

  • Carport
  • Circular Driveway

Pool

  • In Ground Pool
  • Screen Enclosure

Outdoor Features

  • Patio

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 29-37-12-00-00286.0-0000.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,416

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1990
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Many Trees
  • Road Frontage Type: Other
  • Road Surface Type: Dirt
  • Reso View: Pond
  • Co List Office Mls Id: rbre0
  • Co List Office Phone: 877-500-1415
  • ResoSpecialListingConditions: Real Estate Owned
  • Subdivision Name: None
  • Architectural Style: Contemporary
  • Carport Y N: Yes
  • Entry Level: 1
  • Garage Yn: No
  • New Construction: No
  • Reso Property Condition: Fixer
  • Location Tax and Legal Parcel Number2: 29-37-12-00-00286.0-0000.00
  • Location Tax and Legal Elementary School: Port Malabar
  • Location Tax and Legal Middle School2: Stone
  • Location Tax and Legal High School: Palm Bay
  • Location Tax and Legal Tax Annual Amount: 7416.09
  • Location Tax and Legal Tax Year2: 2022
  • General Property Information Living Area2: 3743.0
  • General Property Information Building Area Total3: 3743.0
  • General Property Information Lot Size Acres: 1.4
  • General Property Information Lot Size Square Feet2: 60984.0
  • 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: West
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Fencing Wood2: Yes
  • Flooring Laminate: Yes
  • Flooring Tile: Yes
  • General Property Information Community Fee(s) YN: No
  • Pets Allowed Yes: Yes
  • Pool Features In Ground: Yes
  • Roof:Shingle: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • ViewPond: Yes
  • Flooring Carpet: Yes
  • Water Source Well: Yes
  • General Property Information Carport YN2: Yes
  • Utilities Water Available: Yes
  • Room Types Dining Room: Yes
  • Room Types Great Room: Yes
  • Pool Features Screen Enclosure: Yes
  • Room Types Family Room: Yes
  • Room Types Bonus Room: Yes
  • Utilities Electricity Available: Yes
  • Property Condition Fixer: Yes
  • Road Surface Type Dirt: Yes
  • Special Listing Conditions Real Estate Owned: Yes
  • General Property Information Land Lease YN2: No
  • Room Types Bedroom 2 Level: Main
  • Room Types Bedroom 3 Level: Main
  • Room Types Bedroom 4 Level: Main
  • Location Tax and Legal Zoning Description2: Residential
  • General Property Information CDD Fee YN: No
  • Utilities Water Connected: Yes
  • Room Types Primary Bedroom Level: Main
  • General Property Information Stories2: 1
  • Architectural Style Contemporary: Yes
  • General Property Information:Pool Private YN: Yes
  • General Property Information:Accessory Dwelling Unit YN: No
  • Special Features: 5120
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Eat-in Kitchen, Entrance Foyer, Open Floorplan, Split Bedrooms
  • Flooring: Carpet, Laminate, Tile
  • Appliances: Electric Water Heater
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Total Bedrooms: 10
  • Stories: 1
  • Appliances:Electric Water Heater: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Entrance Foyer: Yes

Exterior Features

  • Pool Features: In Ground, Screen Enclosure
  • Roof: Shingle
  • Fencing: Wood
  • Acres: 1.4
  • Pool Private: Yes
  • Waterfront: No
  • Construction Type: Wood Siding
  • Direction Faces: West
  • Patio And Porch Features: Patio, Rear Porch, Screened
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Screened: Yes
  • Construction Materials:Wood Siding: Yes
  • Lot Features:Many Trees: Yes
  • Patio And Porch Features:Rear Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Circular Driveway
  • General Property Information:Garage YN: No
  • Parking Features:Circular Driveway: Yes

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Cable Available, Electricity Available, Electricity Connected, Water Available, Water Connected
  • Heating: Central, Electric, Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Central: Yes
  • Heating:Electric3: Yes
  • Sewer Septic Tank: Yes
  • Heating:Heat Pump: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: Stone

Lot Info

  • Current Use: Residential, Single Family
  • Land Lease: No
  • Lot Size Sq Ft: 60984.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2931869
  • Parcel #: 29-37-12-00-00286.0-0000.00
  • Zoning Description: Residential

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 7416.09

MLS Schools

  • Elementary School: Port Malabar
  • High School: Palm Bay

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2025
Closed on
Jun 10, 2025
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Simmons John
Seller's Agent
Ronald Gentile
Orlando REO Professionals, INC
Buyer's Agent
Non-Member Non-Member Out Of Area
Non-MLS or Out of Area
List Price
$634,900
Sold Price
$590,000
Premium/Discount to List
-$44,900
-7.07%
Views
80
Current Estimated Value
$600,042

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,042
Avg. Annual Appreciation
6.71%
Original Mortgage
$354,000
Outstanding Balance
$353,390
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$246,652

Purchase Details

Closed on
Feb 20, 2024
Sold by
Warren Rachel
Bought by
Freedom Mortgage Corporation

Purchase Details

Closed on
Nov 5, 2018
Sold by
Hiebert Gerald R
Bought by
Warren Raymond and Warren Rachel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$403,750
Interest Rate
4.7%

Purchase Details

Closed on
Sep 10, 2009
Sold by
Hiebert Michelle
Bought by
Hiebert Gerald R

Purchase Details

Closed on
Aug 10, 2004
Sold by
Bricker John R
Bought by
Hiebert Gerald R and Hiebert Michelle L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.19%
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Special Warranty Deed $590,000 None Listed On Document
Special Warranty Deed $590,000 None Listed On Document
Certificate Of Transfer -- --
Warranty Deed $425,000 Title Security And Escrow Of
Warranty Deed -- None Available
Warranty Deed $275,000 Alliance Title Brevard Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $354,000 New Conventional
Closed $354,000 New Conventional
Previous Owner $403,750 No Value Available
Previous Owner $202,460 No Value Available
Previous Owner $220,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2025 06/13/25 Sold $590,000 -1.7% $158 / Sq Ft
05/06/2025 05/06/25 Pending -- -- --
04/25/2025 04/25/25 Price Changed $599,900 -5.5% $160 / Sq Ft
02/21/2025 02/21/25 For Sale $634,900 0.0% $170 / Sq Ft
02/09/2016 02/09/16 Rented $1,850 0.0% --
01/12/2016 01/12/16 For Rent $1,850 -- --
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 $7,063 $490,820 -- --
2023 $7,063 $481,210 $77,000 $404,210
2022 $6,468 $492,120 $0 $0
2021 $4,903 $342,380 $63,000 $279,380
2020 $4,717 $324,840 $51,800 $273,040
2019 $4,696 $318,210 $47,600 $270,610
2018 $4,429 $294,450 $44,800 $249,650
2017 $4,174 $267,400 $39,200 $228,200
2016 $2,209 $172,840 $36,400 $136,440
2015 $2,267 $171,640 $33,600 $138,040
2014 $2,265 $170,280 $33,600 $136,680
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 1037901

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 29-37-12-00-00286.0-0000.00