3214 Tree Ridge Ln NE Palm Bay, FL 32905
Port Malabar Neighborhood
--
Bed
--
Bath
3,480
Sq Ft
0.46
Acres
Highlights
- No HOA
- Central Air
- No Heating
- Balcony
- Fenced
About This Home
As of September 2024Fully 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
Beycome of Florida LLC License #3469487 Listed on: 07/03/2024
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
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,731
Avg. Annual Appreciation
-1.36%
Original Mortgage
$450,000
Outstanding Balance
$445,823
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$109,946
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
Similar Home in Palm Bay, FL
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $562,500 | None Listed On Document | |
| Quit Claim Deed | $100 | None Listed On Document | |
| Warranty Deed | $364,000 | Landing Title Agency Inc | |
| Warranty Deed | -- | -- | |
| Warranty Deed | $94,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $450,000 | New Conventional | |
| Previous Owner | $422,100 | New Conventional | |
| Previous Owner | $3,009,115 | New Conventional | |
| Previous Owner | $341,100 | Commercial | |
| Previous Owner | $66,150 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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
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 | $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
11,382 Total Sales
-
Shrinivas Joshi
Buyer's Agent in 2024
Shrinivas Joshi
Dream Realty
(321) 961-8474
7 in this area
138 Total Sales
-
N
Buyer's Agent in 2024
Non-Member Non-Member Out Of Area
Non-MLS or Out of Area
Map
Source: Space Coast MLS (Space Coast Association of REALTORS®)
MLS Number: 1017397
APN: 28-37-28-01-0000A.0-0005.00
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