NOT LISTED FOR SALE

2998 Fears Rd SE Palm Bay, FL 32909

Estimated Value: $296,000 - $318,000

3 Beds
2 Baths
1,390 Sq Ft
$221/Sq Ft Est. Value

Last Sold March 08, 2021

Last sale price $243,000 $175 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $1,973/month

1 Day on Market

Highlights

  • New Construction
  • Great Room
  • 2 Car Attached Garage
  • Open Floorplan
  • No HOA
  • Eat-In Kitchen

About This Home

As of March 2021

New 3/2 includes bonus room in Palm Bay. Under construction with completion date in August. Brite Homes are homes of the future - today. Brite Homes are high-quality; high-performance; energy efficient homes designed to produce ore ENERGY that it consumes. Over the course of ten years of ownership, Brite Homes can save you up to $50,000. How?? Brite Homes feature $30,000 in upgrades as free standard features such as: Energy Star S/S appliances (including refrigerator); top of the line A/C 15-16 SEER by Carrier or Trane, ADT Smart Home system that includes 3-years of home security monitoring.AUGUST COMPLETION

Last Agent to Sell the Property

Don Wenner

DLP Realty, LLC License #3449541 Listed on: 01/13/2021

Last Buyer's Agent

Lesley Byrd

Arium Real Estate, LLC License #3403246

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $163

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 10,019 Sq Ft Lot
  • West Facing Home

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

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

Interior Spaces

  • 1,390 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Great Room
  • Vinyl Flooring
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Range
  • Microwave
  • ENERGY STAR Qualified Refrigerator
  • Ice Maker
  • ENERGY STAR Qualified Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

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

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient Insulation
  • Energy-Efficient Thermostat

Outdoor Features

  • Patio

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Geothermal Heating and Cooling
  • High-Efficiency Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Port Malabar Unit 32 Association
  • Port Malabar Unit 25 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 29-37-31-Gv-1306-23

Home Details

Home Type

Single Family

Est. Annual Taxes

$163

Year Built

Built in 2020 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2020
  • Reso Property Sub Type: Single Family Residence
  • Road Surface Type: Asphalt
  • ResoSecurityFeatures: Smoke Detector(s)
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Port Malabar Unit 25
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: Yes
  • Efficiency: HVAC, Insulation, Thermostat, Water Heater, Windows
  • Location Tax and Legal Parcel Number2: 29-37-31-Gv-1306-23
  • 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: 163.31
  • Location Tax and Legal Tax Year2: 2020
  • General Property Information Living Area2: 1390.0
  • General Property Information Lot Size Acres: 0.23
  • General Property Information Lot Size Square Feet2: 10019.0
  • General Property Information New Construction YN: Yes
  • General Property Information Waterfront YN: No
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: West
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Levels One: Yes
  • Pets Allowed Yes: Yes
  • Road Surface Type Asphalt: Yes
  • Roof:Shingle: Yes
  • Security Features Smoke Detector(s): Yes
  • Utilities Electricity Connected: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • Room Types Great Room: Yes
  • Room Types Laundry: Yes
  • Flooring Vinyl: Yes
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Bar, Eat-in Kitchen, Kitchen Island, Open Floorplan, Pantry, Primary Bathroom - Tub with Shower, Primary Downstairs, Split Bedrooms, Walk-In Closet(s)
  • Flooring: Vinyl
  • Appliances: Dishwasher, Disposal, Electric Range, Electric Water Heater, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Refrigerator, Ice Maker, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Total Bedrooms: 6
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Interior Features:Primary Downstairs: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Open Floorplan: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:ENERGY STAR Qualified Dishwasher: Yes
  • Appliances:ENERGY STAR Qualified Refrigerator: Yes

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Acres: 0.23
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: West
  • Patio And Porch Features: Patio
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio And Porch Features:Patio: 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
  • Parking Features:Attached: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association Name: PORT MALABAR UNIT 32
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No
  • General Property Information:Association Name: PORT MALABAR UNIT 32

Schools

  • Middle Or Junior School: Southwest

Lot Info

  • Lot Size Sq Ft: 10019.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2907940
  • Parcel #: 29-37-31-Gv-1306-23
  • ResoLotSizeUnits: Acres

Green Features

  • Green Energy Efficient:HVAC: Yes
  • Green Energy Efficient:Thermostat: Yes
  • Green Energy Efficient:Insulation: Yes
  • Green Energy Efficient:Windows: Yes
  • Green Energy Efficient:Water Heater: Yes

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 163.31

MLS Schools

  • Elementary School: Westside
  • High School: Bayside

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 8, 2023
Sold by
Gerling Timothy A and Gerling Beverly
Bought by
Gerling-Urban Living Trust and Urban
Current Estimated Value
$307,448

Purchase Details

Listed on
Jan 13, 2021
Closed on
Mar 8, 2021
Sold by
Dlp Homes Llc
Bought by
Gerling Timothy and Urban Beverly
Seller's Agent
Don Wenner
DLP Realty, LLC
Buyer's Agent
Lesley Byrd
Arium Real Estate, LLC
List Price
$264,800
Sold Price
$243,000
Premium/Discount to List
-$21,800
-8.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.37%
Original Mortgage
$215,700
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 18, 2019
Sold by
Brite Properties Of Florida Llc
Bought by
Dip Brite Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,612,000
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 5, 2018
Sold by
Woolcock Pearl
Bought by
Brite Properties Of Florida Llc

Purchase Details

Closed on
Apr 9, 2018
Sold by
Woolcock Pearl and Subaran Marie
Bought by
Woolcock Pearl

Purchase Details

Closed on
Mar 28, 2002
Sold by
Woolcock Pearl
Bought by
Woolcock Pearl and Subaran Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,332
Interest Rate
6.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 15, 2002
Sold by
Moallem M David
Bought by
Woolcock Pearl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,332
Interest Rate
6.86%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Gerling-Urban Living Trust $100 None Listed On Document
Gerling Timothy $243,000 None Available
Dip Brite Homes Llc $565,800 Xpress Title Company
Brite Properties Of Florida Llc $7,000 Sunbelt Title Agency
Woolcock Pearl -- Attorney
Woolcock Pearl $2,200 --
Woolcock Pearl $5,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gerling Timothy $215,700
Previous Owner Dlp Brite Homes Llc $168,828
Previous Owner Dlp Brite Homes Llc $4,612,000
Previous Owner Woolcock Pearl $4,332
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2021 03/08/21 Sold $243,000 -8.2% $175 / Sq Ft
01/13/2021 01/13/21 Pending -- -- --
01/12/2021 01/12/21 For Sale $264,800 -- $191 / 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
2023 $3,567 $229,360 $0 $0
2022 $3,448 $222,680 $0 $0
2021 $3,305 $162,080 $8,500 $153,580
2020 $173 $7,500 $7,500 $0
2019 $212 $6,600 $6,600 $0
2018 $167 $5,600 $5,600 $0
2017 $167 $1,250 $0 $0
2016 $96 $4,000 $4,000 $0
2015 $92 $4,000 $4,000 $0
2014 $85 $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: 894232

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 29-37-31-GV-01306.0-0023.00