NOT LISTED FOR SALE

2588 de Groodt Rd SW Palm Bay, FL 32908

Estimated Value: $358,000 - $499,661

0.5 Acre
$855,330 Price per Acre
21,780 Sq Ft Lot

Last Sold June 05, 2020

Last sale price $25,000

Est. 1,611% increase in value since last sale

Current estimated payment $2,927/month

42 Days on Market

Highlights

  • Wooded Lot
  • Corner Lot
  • No HOA

About This Lot

As of June 2020

GREAT CITY WATER/SEPTIC LOT ON MAIN ROAD. THE ADJACENT LOT ALSO FOR SALE AT SAME PRICE. COMBINE THE TWO FOR A GREAT SIZED PIECE OF LAND! THIS UNIT REQUIRES AN 1800 SQ FT MINIMUM UNDER AIR HOUSE SIZE WHEN BUILDING. THERE IS ALSO A CITY WATER ASSESSMENT BEING PAID ANNUALLY ON THE TAX BILL. BUYER TO ASSUME BALANCE OF ASSESSMENT. COME SEE THIS VACANT LOT ON THE NATURAL STATE. BUILD YOUR DREAM HOME WITH .26 ACRES LOCATED IN SW PALM BAY CLOSE TO ALL DAILIY NEEDS SHOPPING, DINING, AND TOP RATED SCHOOLS!

Last Agent to Sell the Property

Shirley Weems

Waterman Real Estate, Inc. License #3186592 Listed on: 04/08/2020

Waterman Real Estate, Inc.

Last Buyer's Agent

Shirley Weems

Waterman Real Estate, Inc. License #3186592 Listed on: 04/08/2020

Waterman Real Estate, Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $489

Lot Details

  • 0.5 Acre Lot
  • Corner Lot
  • Wooded Lot
  • Many Trees
  • 2 Lots in the community

Schools

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

Community Details

  • No Home Owners Association
  • Port Malabar Unit 31 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 29-36-25-Jp-01516.0-0030.00

Property Details

Property Type

Land

Est. Annual Taxes

$489

Lot Details

0

Listing Details

  • Property Type: Land
  • Reso Property Sub Type: Unimproved Land
  • ResoLotFeatures: Corner Lot, Many Trees, Wooded
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Port Malabar Unit 31
  • Location Tax and Legal Parcel Number2: 29-36-25-Jp-01516.0-0030.00
  • 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: 488.54
  • Location Tax and Legal Tax Year2: 2019
  • General Property Information Lot Size Acres: 0.5
  • General Property Information Lot Size Square Feet2: 21780.0
  • General Property Information Waterfront YN: No
  • General Property Information Senior Community YN: No
  • General Property Information Number Of Lots2: 2.0
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 0.5
  • Waterfront: No
  • Lot Features:Wooded: Yes
  • Lot Features:Corner Lot: Yes
  • Lot Features:Many Trees: 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

  • Number Of Lots: 2
  • Current Use: Residential
  • Lot Size Sq Ft: 21780.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 29-36-25-Jp-01516.0-0030.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 488.54

MLS Schools

  • Elementary School: Westside
  • High School: Bayside

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 14, 2021
Sold by
Joseph Glenda M
Bought by
Lopez Samuel Lugo and Lugo Maria Gabriela
Current Estimated Value
$427,665

Purchase Details

Listed on
Apr 8, 2020
Closed on
Jun 5, 2020
Sold by
Dodd Ryan and Dodd Breanne
Bought by
Joseph Glenda M
Seller's Agent
Shirley Weems
Waterman Real Estate, Inc.
Buyer's Agent
Shirley Weems
Waterman Real Estate, Inc.
List Price
$35,000
Sold Price
$25,000
Premium/Discount to List
-$10,000
-28.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
69.35%

Purchase Details

Closed on
Jan 26, 2017
Sold by
Hillire Zachire St and Hillire Rachelle St
Bought by
Dodd Ryan and Dodd Breanne

Purchase Details

Closed on
Mar 15, 2002
Sold by
Emiland Corp
Bought by
Sthilaire Zachaire and Sthilaire Rachelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,220
Interest Rate
6.89%
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
Lopez Samuel Lugo $65,000 Peninsula Title Services Llc
Joseph Glenda M $25,000 Peninsula Title Services Llc
Dodd Ryan $13,500 Peninsula Title Services Llc
Sthilaire Zachaire $12,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sthilaire Zachaire $10,220
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/05/2020 06/05/20 Sold $25,000 0.0% --
05/21/2020 05/21/20 Pending -- -- --
04/22/2020 04/22/20 Price Changed $25,000 -28.6% --
04/08/2020 04/08/20 For Sale $35,000 -- --
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
2025 $8,206 $458,580 -- --
2024 $1,149 $450,480 -- --
2023 $1,149 $70,000 $70,000 $0
2022 $380 $19,000 $0 $0
2021 $492 $10,000 $10,000 $0
2020 $441 $7,500 $7,500 $0
2019 $489 $7,500 $7,500 $0
2018 $473 $6,400 $6,400 $0
2017 $437 $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

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Map

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

MLS Number: 872939

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 29-36-25-JP-01516.0-0030.00