NOT LISTED FOR SALE

2921 Pinewood Dr NE Unit 16 Palm Bay, FL 32905

Port Malabar Neighborhood

Estimated Value: $106,913 - $133,000

2 Beds
2 Baths
1,036 Sq Ft
$260/mo HOA Fee

Last Sold October 10, 2023

Last sale price $125,000 $121 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $1,058/month

145 Days on Market

Highlights

  • Indoor Pool
  • End Unit
  • Patio
  • Open Floorplan
  • Pool View
  • Ceramic Tile Flooring

About This Home

As of October 2023

Investment opportunity!!!!! PACKAGE DEAL FOR TWO UNITS. Great income producing opportunity with long term tenants in place. CASH ON CASH RETURN IS AROUND 10-14% ON BOTH UNITS

Last Agent to Sell the Property

Desmond Britton

KELLER WILLIAMS RLTY,BREVARD Brokerage Phone: 321-259-1170 License #3254072 Listed on: 04/19/2023

KELLER WILLIAMS RLTY,BREVARD

Last Buyer's Agent

Desmond Britton

KELLER WILLIAMS RLTY,BREVARD Brokerage Phone: 321-259-1170 License #3254072 Listed on: 04/19/2023

KELLER WILLIAMS RLTY,BREVARD

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,580

Year Built

  • Built in 1985

Lot Details

  • End Unit
  • North Facing Home

HOA Fees

  • $260 Monthly HOA Fees

Home Design

  • Block Foundation
  • Shingle Roof
  • Membrane Roofing
  • Stucco

Interior Spaces

  • 1,036 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Combination Dining and Living Room
  • Pool Views
  • Range

Flooring

  • Concrete
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Indoor Pool
  • Patio

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

Community Details

Overview

  • Association fees include pool
  • Leland Association
  • Palm Bay Club Condo Subdivision

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed
  • Pets up to 50 lbs

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,580

Year Built

Built in 1985

Lot Details

0

HOA Fees

$260 per month

Listing Details

  • HOA Fee Includes: Pool
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 1036
  • New Construction: No
  • Year Built: 1985
  • Building Area Total: 1036
  • Directions to Property: EAST ON PALM BAY RD TURN NORTH TO PINEWOOD UNIT 2921
  • Status: Sold
  • Street Post Direction: NE
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 2
  • List Office Head Office Key Nume: 506209847
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 120.66
  • Total Acreage: Non-Applicable
  • Unit Number YN: 0
  • Water Access YN: 0
  • Property Description: Corner Unit
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Open Floorplan
  • Appliances Included: Range, Refrigerator
  • Foundation Details: Block
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 2
  • Street Number Modifier: 2921
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 96.25
  • Room Count: 4

Exterior Features

  • Direction Faces: North
  • Pool Features: Indoor
  • Exterior Features: Other
  • Roof: Membrane, Shingle
  • Pool Private: Yes
  • View: Pool
  • Waterfront: No
  • Patio and Porch Features: Patio
  • Road Surface Type: Asphalt
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2014-03-17
  • Flood Zone Panel: 12009C0611G

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Sewer Connected, Street Lights
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Pool
  • Association Fee: 260
  • Association Fee Frequency: Monthly
  • Association Name: Leland
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Association Fee Requirement: Required
  • Building Name Number: N/A
  • Condo Land Included YN: 1
  • Max Pet Weight: 50
  • Montly Maint Amt Addition To HOA: 0

Fee Information

  • Total Annual Fees: 3120.00
  • Total Monthly Fees: 260.00
  • Monthly HOA Amount: 260.00

Lot Info

  • Zoning: RESI
  • Parcel Number: 28-37-22-00-00272.M-0000.00
  • Additional Parcels: No
  • Flood Zone Code: X
  • Homestead YN: 0
  • Lot Size Square Meters: 0

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 0
  • Month To Month Or Weekly YN: 1

Tax Info

  • Tax Annual Amount: 1580
  • Tax Block: 272
  • Tax Book Number: 12
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2023
Closed on
Oct 6, 2023
Sold by
Tristate South Inc
Bought by
Dhc Acquisitions Llc
Seller's Agent
Desmond Britton
KELLER WILLIAMS RLTY,BREVARD
Buyer's Agent
Desmond Britton
KELLER WILLIAMS RLTY,BREVARD
List Price
$145,000
Sold Price
$125,000
Premium/Discount to List
-$20,000
-13.79%
Views
684
Current Estimated Value
$116,978

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,022
Avg. Annual Appreciation
-0.57%

Purchase Details

Closed on
Dec 27, 2022
Sold by
Tristate Beats Llc
Bought by
Tristate South Inc

Purchase Details

Listed on
Aug 14, 2021
Closed on
Sep 27, 2021
Sold by
Li Wai Wor
Bought by
Tristate Beats Llc
Seller's Agent
Orawan Milner
RE/MAX Aerospace Realty
Buyer's Agent
Cheryl Smith
Cheryl Smith Realty, Inc
List Price
$109,000
Sold Price
$105,000
Premium/Discount to List
-$4,000
-3.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.25%

Purchase Details

Listed on
May 19, 2015
Closed on
Jul 31, 2015
Sold by
Fannie Mae
Bought by
Li Wai Wor
Seller's Agent
Shirley Weems
Waterman Real Estate, Inc.
Buyer's Agent
Out Of Area (SCAR)
Out of Area
List Price
$16,000
Sold Price
$21,000
Premium/Discount to List
$5,000
31.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.86%

Purchase Details

Closed on
Apr 27, 2015
Sold by
Joseph Marie Victoria
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 25, 2008
Sold by
Michel Giselle
Bought by
Joseph Marie Victoria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,940
Interest Rate
6.38%
Mortgage Type
Balloon

Purchase Details

Closed on
Oct 15, 2008
Sold by
Palm Bay Club Condominium Llc
Bought by
Michel Giselle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,940
Interest Rate
6.38%
Mortgage Type
Balloon

Purchase Details

Closed on
Jul 2, 2008
Sold by
Giselle Michel Llc
Bought by
Joseph Marie Victoria
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
Dhc Acquisitions Llc $250,000 None Listed On Document
Tristate South Inc $100 --
Tristate Beats Llc $105,000 Attorney
Li Wai Wor $21,000 None Available
Federal National Mortgage Association -- Attorney
Joseph Marie Victoria -- Attorney
Michel Giselle -- Attorney
Joseph Marie Victoria -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Joseph Marie Victoria $225,000
Previous Owner Joseph Marie Victoria $117,940
Previous Owner Michel Giselle $94,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2023 10/10/23 Sold $125,000 -10.7% $121 / Sq Ft
09/12/2023 09/12/23 Pending -- -- --
06/13/2023 06/13/23 Price Changed $139,900 -3.5% $135 / Sq Ft
04/19/2023 04/19/23 For Sale $145,000 +38.1% $140 / Sq Ft
09/27/2021 09/27/21 Sold $105,000 -3.7% $101 / Sq Ft
08/19/2021 08/19/21 Pending -- -- --
08/14/2021 08/14/21 For Sale $109,000 +419.0% $105 / Sq Ft
07/31/2015 07/31/15 Sold $21,000 +31.3% $20 / Sq Ft
05/22/2015 05/22/15 Pending -- -- --
05/19/2015 05/19/15 For Sale $16,000 -- $15 / Sq Ft
Source: Stellar MLS

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 $1,945 $93,070 -- --
2023 $1,945 $102,490 $0 $102,490
2022 $1,580 $82,140 $0 $0
2021 $1,217 $59,000 $0 $59,000
2020 $1,144 $55,490 $0 $55,490
2019 $358 $37,440 $0 $0
2018 $345 $36,750 $0 $0
2017 $345 $36,000 $0 $36,000
2016 $552 $23,530 $0 $0
2015 $413 $16,510 $0 $0
2014 $383 $15,010 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O6104826

Stellar MLS

APN: 28-37-22-00-00272.M-0000.00