NOT LISTED FOR SALE

298 Silver Oak Rd NE Palm Bay, FL 32907

Estimated Value: $314,857 - $340,000

3 Beds
2 Baths
1,687 Sq Ft
$192/Sq Ft Est. Value

Last Sold May 13, 2015

Last sale price $135,000 $80 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $1,866/month

40 Days on Market

Highlights

  • Vaulted Ceiling
  • No HOA
  • Home Office
  • Corner Lot
  • Screened Porch
  • 2 Car Attached Garage

About This Home

As of May 2015

BEAUTIFUL HOME IN A FANTASTIC LOCATION ON A CORNER LOT WITH CITY WATER AND SEWER! SPACIOUS FLOOR PLAN WITH FORMAL LIVING AND DINING ROOMS, FAMILY ROOM, EAT IN KITCHEN AND EXTRA ROOM THAT MAKES A GREAT OFFICE! TILE AND LAMINATE THROUGHOUT. YOUR BUYER WILL ENJOY THE 10X28 TILED SCREEN PORCH WITH VINYL WINDOWS THAT OVERLOOKS THE LARGE FENCED YARD. ALSO WELL AND SPRINKLER SYSTEM, TONS OF BUILT IN STORAGE CLOSETS IN THE GARAGE, 10X12 SHED IN THE BACKYARD AND BUILT IN GENERATOR! DON'T MISS THIS ONE!

Last Agent to Sell the Property

Cheryl Smith

Cheryl Smith Realty, Inc License #426949 Listed on: 02/08/2015

Last Buyer's Agent

Inga Smith

Tropical Realty of Suntree

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,301

Year Built

  • Built in 1994

Lot Details

  • 0.28 Acre Lot
  • East Facing Home
  • Chain Link Fence
  • Corner Lot
  • Front and Back Yard Sprinklers

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Asphalt
  • Stucco

Interior Spaces

  • 1,687 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Family Room
  • Living Room
  • Dining Room
  • Home Office
  • Library
  • Screened Porch
  • Laundry in Garage

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Outdoor Features

  • Patio
  • Shed

Schools

  • Lockmar Elementary School
  • Southwest Middle School
  • Palm Bay High School

Utilities

  • Cooling Available
  • Heating Available
  • Whole House Permanent Generator
  • Propane
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Port Malabar Unit 8 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 28-37-32-Fs-00284.0-0032.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,301

Year Built

Built in 1994

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1994
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: In Garage
  • ResoLotFeatures: Corner Lot, Sprinklers In Front, Sprinklers In Rear
  • Road Surface Type: Asphalt
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Port Malabar Unit 8
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Reso Other Structures: Shed(s)
  • Financial Info Electric: Whole House Generator
  • Location Tax and Legal Parcel Number2: 28-37-32-Fs-00284.0-0032.00
  • Location Tax and Legal Elementary School: Lockmar
  • Location Tax and Legal Middle School2: Southwest
  • Location Tax and Legal High School: Palm Bay
  • Location Tax and Legal Tax Annual Amount: 2301.47
  • Location Tax and Legal Tax Year2: 2013
  • General Property Information Living Area2: 1687.0
  • General Property Information Building Area Total3: 2107.0
  • General Property Information Lot Size Acres: 0.28
  • General Property Information Lot Size Square Feet2: 12197.0
  • 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: East
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling:Electric: Yes
  • Fencing Fenced2: Yes
  • Flooring Laminate: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Levels One: Yes
  • Road Surface Type Asphalt: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Well: Yes
  • Fencing Chain Link: Yes
  • General Property Information Carport YN2: No
  • Other Structures Shed(s): Yes
  • Utilities Water Available: Yes
  • Room Types Dining Room: Yes
  • Room Types Family Room: Yes
  • Room Types Library: Yes
  • Room Types Living Room: Yes
  • Room Types Office: Yes
  • Electric Whole House Generator: Yes
  • General Property Information Lot Size Dimensions: 98.0 ft x 125.0 ft
  • Utilities Propane3: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Ceiling Fan(s), Primary Bathroom - Tub with Shower, Split Bedrooms, Vaulted Ceiling(s)
  • Flooring: Laminate, Tile
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Vaulted Ceiling(s): Yes

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Fencing: Chain Link, Fenced
  • Acres: 0.28
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: East
  • Patio And Porch Features: Patio, Porch, Screened
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Lot Features:Sprinklers In Rear: Yes
  • Lot Features:Corner Lot: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage Door Opener
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Laundry Features:In Garage: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Electric
  • Utilities: Water Available, Propane
  • Heating: Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Electric3: 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

  • Lot Dimensions: 98.0 ft x 125.0 ft
  • Lot Size Sq Ft: 12197.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 28-37-32-Fs-00284.0-0032.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 2301.47

MLS Schools

  • Elementary School: Lockmar
  • High School: Palm Bay

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2015
Closed on
Apr 30, 2015
Sold by
Kress Alan J and Kress Linda
Bought by
Evans Oren
Seller's Agent
Cheryl Smith
Cheryl Smith Realty, Inc
Buyer's Agent
Inga Smith
Tropical Realty of Suntree
List Price
$139,900
Sold Price
$135,000
Premium/Discount to List
-$4,900
-3.5%
Current Estimated Value
$323,964

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,964
Avg. Annual Appreciation
8.72%
Original Mortgage
$132,554
Outstanding Balance
$104,183
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$219,781

Purchase Details

Closed on
Oct 9, 2013
Sold by
Hill Leon M
Bought by
Kress Alan J and Kress Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
4.58%

Purchase Details

Closed on
Feb 24, 2010
Sold by
Hill Lana M
Bought by
Hill Leon M

Purchase Details

Closed on
Jun 29, 1994
Sold by
Hallmark Bldrs In
Bought by
Hill Lana M
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Evans Oren $135,000 Peninsula Title Services Llc
Kress Alan J $120,000 Peninsula Title Services Llc
Hill Leon M -- Attorney
Hill Lana M $74,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Evans Oren $132,554
Previous Owner Kress Alan J $96,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/13/2015 05/13/15 Sold $135,000 -3.5% $80 / Sq Ft
03/18/2015 03/18/15 Pending -- -- --
02/06/2015 02/06/15 For Sale $139,900 -- $83 / 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 $2,055 $153,170 -- --
2024 $1,999 $148,860 -- --
2023 $1,999 $144,530 $0 $0
2022 $1,911 $140,330 $0 $0
2021 $1,945 $136,250 $0 $0
2020 $1,904 $134,370 $0 $0
2019 $2,057 $131,350 $0 $0
2018 $2,007 $128,910 $0 $0
2017 $2,023 $126,260 $0 $0
2016 $1,845 $123,670 $7,500 $116,170
2015 $1,672 $113,450 $7,000 $106,450
2014 $2,301 $98,180 $5,400 $92,780
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 717302

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-37-32-FS-00284.0-0032.00