NOT LISTED FOR SALE

3226 Torrence Ave SE Palm Bay, FL 32909

Estimated Value: $296,000 - $308,079

0.23 Acre
$1,317,478 Price per Acre
10,019 Sq Ft Lot

Sale Details

Date Sold: October 17, 2023

Last sale price $16,500

Est. 1,736% increase in value since last sale

Current estimated payment $1,677 / mo

67 Days on Market

About This Lot

As of October 2023

This lot is ideally located, in the highly sought-after city of Palm Bay. This .23-acre lot offers a fantastic opportunity to build your family dream home in a quiet and peaceful community, with convenient access to all the amenities the city has to offer. It is 80+ feet wide and 125+ feet deep, providing ample space to build a spacious home with plenty of outdoor living areas. You'll love the quiet, peaceful neighborhood, away from the hustle and bustle of city life, while still being just minutes from everything Palm Bay has to offer. Don't miss out on this rare opportunity to own a piece of paradise in Palm Bay. Come see for yourself the potential this lot has to offer.

Last Agent to Sell the Property

Michelle Renea Culbreth

KELLER WILLIAMS LEGACY REALTY Brokerage Phone: 407-855-2222 License #3421717 Listed on: 07/27/2023

KELLER WILLIAMS LEGACY REALTY

Last Buyer's Agent

Stellar Non-Member Agent

STELLAR NON-MEMBER OFFICE

STELLAR NON-MEMBER OFFICE

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $269

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 80x125
  • Property is zoned RS2

Utilities

  • Well
  • Septic Tank
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Port Malabar Unit 24 Subdivision

Listing and Financial Details

  • Legal Lot and Block 4 / 1221
  • Assessor Parcel Number 29-37-33-GU-01221.0-0004.00

Property Details

Property Type

Land

Est. Annual Taxes

$269

Lot Details

10,019 Sq Ft Lot

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.23
  • Lot Size Sq Ft: 10019
  • Status: Sold
  • Street Post Direction: SE
  • Ownership: Fee Simple
  • Escrow City: Orlando
  • Escrow State: FL
  • Escrow Street Name: Lake Nona Village PL Ste 203
  • RATIO Current Price By Calculate: 1.65
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 0
  • Tax Year: 2022
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet

Exterior Features

  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12009C0670G

Utilities

  • Utilities: Cable Available, Electricity Available, Phone Available
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Association: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: RS2
  • Parcel Number: 29-37-33-GU-01221.0-0004.00
  • Additional Parcels: No
  • Current Use: Unimproved
  • Lot Dimensions: 80X125
  • Flood Zone Code: X500

Tax Info

  • Tax Annual Amount: 269
  • Tax Block: 1221
  • Tax Book Number: 16-29
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 14, 2024
Sold by
Build 4 Evh Llc
Bought by
Griffith Jesse Aaron and Griffith Andrea Marie
Current Estimated Value
$303,020

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,250
Outstanding Balance
$294,538
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$8,482

Purchase Details

Listed on
Jul 27, 2023
Closed on
Oct 17, 2023
Sold by
Blake Investment Holdings Llc
Bought by
Build 4 Evh Llc
Seller's Agent
Michelle Renea Culbreth
KELLER WILLIAMS LEGACY REALTY
Buyer's Agent
Stellar Non-Member Agent
STELLAR NON-MEMBER OFFICE
List Price
$33,000
Sold Price
$16,500
Premium/Discount to List
-$16,500
-50%
Views
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
223.35%

Purchase Details

Closed on
Aug 21, 2020
Sold by
Merlot Iii Llc
Bought by
Blake Investment & Holdings Llc

Purchase Details

Closed on
Feb 15, 2011
Sold by
Taleb Haitham and Dib Hiam
Bought by
Coastal Bank

Purchase Details

Closed on
Oct 31, 2008
Sold by
County Of Brevard
Bought by
Merlot Iii Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Griffith Jesse Aaron $315,000 Supreme Title
Build 4 Evh Llc $16,500 Fidelity National Title Of Flo
Blake Investment & Holdings Llc $5,000 None Available
Coastal Bank -- None Available
Merlot Iii Llc $2,783 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Griffith Jesse Aaron $299,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/17/2023 10/17/23 Sold $16,500 -34.0% --
10/03/2023 10/03/23 Pending -- -- --
09/07/2023 09/07/23 Price Changed $25,000 -24.2% --
08/27/2023 08/27/23 For Sale $33,000 0.0% --
08/03/2023 08/03/23 Pending -- -- --
07/27/2023 07/27/23 For Sale $33,000 -- --
Source: Stellar MLS

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 $535 $198,140 -- --
2024 $309 $28,000 -- --
2023 $309 $25,000 -- --
2022 $269 $22,000 $0 $0
2021 $194 $8,500 $8,500 $0
2020 $144 $7,500 $7,500 $0
2019 $183 $6,600 $6,600 $0
2018 $171 $5,600 $5,600 $0
2017 $170 $1,250 $0 $0
2016 $103 $4,000 $4,000 $0
2015 $99 $4,000 $4,000 $0
2014 $96 $4,000 $4,000 $0
Source: Public Records

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Map

Source: Stellar MLS

MLS Number: O6129657

Stellar MLS

APN: 29-37-33-GU-01221.0-0004.00

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