NOT LISTED FOR SALE

3214 Tree Ridge Ln NE Palm Bay, FL 32905

Port Malabar Neighborhood

Estimated Value: $546,000 - $566,000

3 Beds
2 Baths
3,480 Sq Ft
$160/Sq Ft Est. Value

Last Sold September 27, 2024

Last sale price $562,500 $162 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,633/month

49 Days on Market

Highlights

  • No HOA
  • Central Air
  • No Heating
  • Balcony
  • Fenced

About This Home

As of September 2024

Fully Renovated Quad-Plex apartment building. All 4 units were FULLY RENOVATED IN 2023 with brand new tenants paying full market rent. The units feature luxury kitchen cabinets with granite countertops, new vanities and fixtures throughout, new flooring on most units. The amazing income producing property is TURNKEY. All units are rented.

Last Agent to Sell the Property

Steven Koleno

Beycome of Florida LLC License #3469487 Listed on: 07/03/2024

Last Buyer's Agent

Shrinivas Joshi

Dream Realty License #3275055

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,612

Year Built

  • Built in 1984

Lot Details

  • 0.46 Acre Lot
  • Fenced

Home Design

  • Quadruplex
  • Shingle Roof
  • Concrete Siding
  • Vinyl Siding
  • Stucco

Interior Spaces

  • 2-Story Property
  • Electric Range

Laundry

  • Dryer
  • Washer

Parking

  • Parking Lot
  • Off-Street Parking

Outdoor Features

  • Balcony

Schools

  • Riviera Elementary School
  • Stone Middle School
  • Palm Bay High School

Utilities

  • Central Air
  • No Heating

Community Details

  • No Home Owners Association
  • Pinehurst Subdivision

Listing and Financial Details

  • Assessor Parcel Number 28-37-28-01-0000a.0-0005.00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,612

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1984
  • Reso Property Sub Type: Quadruplex
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Pinehurst
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 28-37-28-01-0000a.0-0005.00
  • Location Tax and Legal Elementary School: Riviera
  • Location Tax and Legal Middle School2: Stone
  • Location Tax and Legal High School: Palm Bay
  • Location Tax and Legal Tax Annual Amount: 5612.35
  • Location Tax and Legal Tax Year2: 2023
  • General Property Information Lot Size Acres: 0.46
  • General Property Information Lot Size Square Feet2: 20038.0
  • General Property Information New Construction YN: No
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Fencing Fenced2: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Electricity Connected: Yes
  • Levels Two: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • General Property Information Stories Total: 2
  • Utilities Sewer Available: Yes
  • Utilities Electricity Available: Yes
  • Utilities Sewer Connected: Yes
  • Utilities Water Connected: Yes
  • General Property Information Stories2: 2
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Dryer, Electric Range, Washer
  • Stories: 2
  • Stories: 2
  • Appliances:Electric Range: Yes

Exterior Features

  • Exterior Features: Balcony
  • Roof: Shingle
  • Fencing: Fenced
  • Acres: 0.46
  • Construction Type: Concrete, Stucco, Vinyl Siding
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Exterior Features:Balcony: Yes
  • Construction Materials:Vinyl Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street, Parking Lot
  • General Property Information:Garage YN: No
  • Parking Features:Parking Lot: Yes
  • Parking Features:Off Street: Yes

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Electricity Available, Electricity Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
  • Heating: None
  • Cooling Y N: Yes
  • HeatingYN: No
  • Water Source: Public
  • Heating:None3: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: Stone

Lot Info

  • Current Use: Multi-Family
  • Lot Size Sq Ft: 20038.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 28-37-28-01-0000a.0-0005.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 5612.35

Multi Family

MLS Schools

  • Elementary School: Riviera
  • High School: Palm Bay

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2024
Closed on
Sep 24, 2024
Sold by
3212 Treeridge Complex Llc
Bought by
Spnn Investments Llc
Seller's Agent
Steven Koleno
Beycome of Florida LLC
Buyer's Agent
Shrinivas Joshi
Dream Realty
List Price
$649,500
Sold Price
$562,500
Premium/Discount to List
-$87,000
-13.39%
Views
15
Current Estimated Value
$555,914

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,586
Avg. Annual Appreciation
-1.13%
Original Mortgage
$450,000
Outstanding Balance
$444,961
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$110,953

Purchase Details

Closed on
Oct 30, 2023
Sold by
Map Capital Llc
Bought by
3212 Treeridge Complex Llc

Purchase Details

Closed on
Nov 19, 2021
Sold by
Anderson Bruce R and Anderson Lisa D
Bought by
Map Capital Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$341,100
Interest Rate
3.09%
Mortgage Type
Commercial

Purchase Details

Closed on
May 2, 2003
Sold by
Anderson Bruce R and Anderson Lisa D
Bought by
Anderson Bruce R

Purchase Details

Closed on
Aug 29, 1994
Sold by
Affiliates Fairfield
Bought by
Anderson Bruce R and Anderson Lisa D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,150
Interest Rate
8.44%
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
Spnn Investments Llc $562,500 None Listed On Document
3212 Treeridge Complex Llc $100 None Listed On Document
Map Capital Llc $364,000 Landing Title Agency Inc
Anderson Bruce R -- --
Anderson Bruce R $94,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spnn Investments Llc $450,000
Previous Owner Map Capital Llc $341,100
Previous Owner Anderson Bruce R $66,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/27/2024 09/27/24 Sold $562,500 -7.8% $162 / Sq Ft
08/09/2024 08/09/24 Pending -- -- --
07/31/2024 07/31/24 Price Changed $609,999 -4.3% $175 / Sq Ft
07/18/2024 07/18/24 Price Changed $637,500 -1.8% $183 / Sq Ft
07/03/2024 07/03/24 For Sale $649,500 0.0% $187 / Sq Ft
06/29/2024 06/29/24 Pending -- -- --
06/20/2024 06/20/24 For Sale $649,500 0.0% $187 / Sq Ft
03/29/2024 03/29/24 Rented $1,400 0.0% --
03/29/2024 03/29/24 Under Contract -- -- --
03/12/2024 03/12/24 Price Changed $1,400 -3.4% $2 / Sq Ft
02/13/2024 02/13/24 For Rent $1,450 +3.6% --
07/01/2023 07/01/23 Rented $1,400 0.0% --
06/12/2023 06/12/23 For Rent $1,400 -- --
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 $8,225 $436,800 -- --
2024 $6,514 $436,800 -- --
2023 $6,514 $380,160 $0 $0
2022 $5,612 $288,000 $0 $0
2021 $2,296 $104,330 $27,200 $77,130
2020 $2,227 $101,240 $27,200 $74,040
2019 $2,461 $96,420 $27,200 $69,220
2018 $2,367 $92,000 $0 $92,000
2015 $1,768 $70,000 $26,000 $44,000
2014 $2,570 $105,000 $26,000 $79,000
Source: Public Records

Agents Affiliated with this Home

  • Steven Koleno

    Seller's Agent in 2024

    Steven Koleno

    Beycome of Florida LLC

    (312) 300-6768

    11 in this area

    11,616 Total Sales

    Steven Koleno
    Section Image
  • Shrinivas Joshi

    Buyer's Agent in 2024

    Shrinivas Joshi

    Dream Realty

    (321) 961-8474

    7 in this area

    137 Total Sales

    Shrinivas Joshi
    Section Image

  • N

    Buyer's Agent in 2024

    Non-Member Non-Member Out Of Area

    Non-MLS or Out of Area

See All Agents

Map

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

MLS Number: 1017397

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-37-28-01-0000A.0-0005.00

Florida Brevard County Palm Bay 32905 Port Malabar

3214 Tree Ridge Ln NE, Palm Bay, FL

This home is located at 3214 Tree Ridge Ln NE, Palm Bay, FL 32905 since 03 July 2024 and is currently estimated at $555,914, approximately $159 per square foot. This property was built in 1984. 3214 Tree Ridge Ln NE is a home located in Brevard County with nearby schools including Riviera Elementary School, Stone Magnet Middle School, and Palm Bay Magnet Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Space Coast MLS (Space Coast Association of REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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