NOT LISTED FOR SALE

3500 Reef Place Malabar, FL 32950

Estimated Value: $614,000 - $666,000

3 Beds
2 Baths
2,498 Sq Ft
$256/Sq Ft Est. Value

Last Sold April 18, 2022

Last sale price $525,000 $210 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $4,094/month

4 Days on Market

Highlights

  • Waterfront Community
  • Private Pool
  • Vaulted Ceiling
  • Boat Dock
  • RV Access or Parking
  • Corner Lot

About This Home

As of April 2022

ALL-BRICK POOL HOME ON 1.0 FULL ACRE IN HIGHLY COVETED ROCKY POINT SUB'D! Brand New Roof Feb. 2022! Huge 1,820 Sq.Ft. Screened Pool Area/Porch For Fun, Relaxation and Entertaining. Home Features: Cathedral/Vaulted/Cove Ceilings, Wood Burning Fireplace, Skylights, Wet Bar, Glamour Bath (Separate Soaking Tub/Shower, Private Courtyard) in Large Master Suite; Water Softener and Reverse Osmosis Water System, Security System and More! AC System Replaced Dec. 2015, Water Heater 2021, Pool Deck/Screening Sept. 2020, Drainfield Fall 2014. COMMUNITY DOCK - Can Tie Up Your Boat For 3 Days! Boat Ramps Nearby On Indian River Intracoastal Waterway; Proximate To The Sebastian Inlet. Location Affords Easy Access To Harris, Northrup-Grumman, Employment Centers, Melbourne Int'l Airport and Beaches.

Last Agent to Sell the Property

Maureen Mignone

Dale Sorensen Real Estate Inc. License #702466 Listed on: 02/24/2022

Dale Sorensen Real Estate Inc.

Co-Listed By

Joseph Mignone

Dale Sorensen Real Estate Inc. License #3065565

Last Buyer's Agent

Non-Member Non-Member Out Of Area

Non-MLS or Out of Area License #nonmls

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,358

Year Built

  • Built in 1986

Lot Details

  • 1 Acre Lot
  • Street terminates at a dead end
  • South Facing Home
  • Corner Lot

HOA Fees

  • $10 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • RV Access or Parking

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Shingle Roof
  • Wood Siding
  • Asphalt

Interior Spaces

  • 2,498 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Screened Porch
  • Pool Views
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

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

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Pool

  • Private Pool
  • Screen Enclosure

Outdoor Features

  • Courtyard
  • Patio

Schools

  • Port Malabar Elementary School
  • Stone Middle School
  • Palm Bay High School

Utilities

  • Central Heating and Cooling System
  • Well
  • Electric Water Heater
  • Water Softener is Owned
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 29-38-08-25-00000.0-0018.00

Community Details

Overview

  • Rocky Point Association
  • Rocky Point Subdivision

Recreation

  • Boat Dock
  • Waterfront Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,358

Year Built

Built in 1986

Lot Details

0

HOA Fees

$10 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1986
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Corner Lot, Dead End Street
  • Road Surface Type: Asphalt
  • Reso View: Pool
  • ResoSecurityFeatures: Security System Owned, Smoke Detector(s)
  • Reso Association Amenities: Boat Dock, Management - Full Time
  • Co List Office Mls Id: DSRE0
  • Co List Office Phone: 321-723-9990
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Rocky Point
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 29-38-08-25-00000.0-0018.00
  • Location Tax and Legal Elementary School: Port Malabar
  • Location Tax and Legal Middle School2: Stone
  • Location Tax and Legal High School: Palm Bay
  • Location Tax and Legal Tax Annual Amount: 5358.21
  • Location Tax and Legal Tax Year2: 2021
  • General Property Information Living Area2: 2498.0
  • General Property Information Building Area Total3: 2990.0
  • General Property Information Lot Size Acres: 1.0
  • General Property Information Lot Size Square Feet2: 43560.0
  • 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: South
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Levels One: Yes
  • Pets Allowed Yes: Yes
  • Pool Features Private: Yes
  • Lot Features Dead End Street: Yes
  • Road Surface Type Asphalt: Yes
  • Roof:Shingle: Yes
  • Security Features Smoke Detector(s): Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • View Pool: Yes
  • Flooring Carpet: Yes
  • Water Source Well: Yes
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • General Property Information Carport YN2: No
  • Room Types Dining Room: Yes
  • Interior Features Breakfast Nook: Yes
  • Pool Features Screen Enclosure: Yes
  • Security Features Security System Owned: Yes
  • Waterfront Features Waterfront Community: Yes
  • Room Types Family Room: Yes
  • Room Types Laundry: Yes
  • Room Types Living Room: Yes
  • Flooring Vinyl: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Bar, Breakfast Nook, Ceiling Fan(s), Primary Bathroom - Tub with Shower, Primary Bathroom -Tub with Separate Shower, Primary Downstairs, Skylight(s), Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar
  • Flooring: Carpet, Tile, Vinyl
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Water Softener Owned
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning, Other
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Interior Features:Primary Downstairs: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Fireplace Features:Wood Burning: Yes
  • Interior Features:Wet Bar: Yes
  • Interior Features:Skylight(s): Yes
  • Appliances:Water Softener-Owned: Yes

Exterior Features

  • Exterior Features: Courtyard
  • Pool Features: Private, Screen Enclosure
  • Roof: Shingle
  • Acres: 1.0
  • Waterfront Features: Waterfront Community
  • Waterfront: No
  • Construction Type: Frame, Wood Siding
  • Direction Faces: South
  • Patio And Porch Features: Patio, Porch, Screened
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Construction Materials:Frame: Yes
  • Construction Materials:Wood Siding: Yes
  • Exterior Features:Courtyard: Yes
  • Lot Features:Corner Lot: Yes
  • Construction Materials:Brick2: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage Door Opener, RV Access/Parking
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:RV AccessParking: Yes

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Cable Available, Electricity Connected
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Central: Yes
  • Heating:Electric3: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 120.0
  • Association Fee Frequency: Annually
  • Association Name: ROCKY POINT
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: ROCKY POINT
  • General Property Information:Association Fee: 120.0
  • General Property Information:Association Fee Frequency: Annually
  • Association Amenities:Boat Dock: Yes

Schools

  • Middle Or Junior School: Stone

Lot Info

  • Lot Size Sq Ft: 43560.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2953434
  • Parcel #: 29-38-08-25-00000.0-0018.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 5358.21

MLS Schools

  • Elementary School: Port Malabar
  • High School: Palm Bay

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 29, 2008
Sold by
Taylor Gordon R and Taylor Patricia
Bought by
Laite Luther V and Laite Merissa B
Current Estimated Value
$638,302

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,000
Interest Rate
6.61%

Purchase Details

Closed on
Jul 27, 1993
Sold by
Taylor Gordon R and Taylor Patricia T
Bought by
Bancboston Mtg Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,850
Interest Rate
7.39%
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
Laite Luther V $330,000 State Title Partners Llp
Bancboston Mtg Corp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Laite Luther $303,000
Closed Laite Luther V $313,000
Previous Owner Bancboston Mtg Corp $91,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2022 04/18/22 Sold $525,000 +2.9% $210 / Sq Ft
02/28/2022 02/28/22 Pending -- -- --
02/24/2022 02/24/22 For Sale $510,000 0.0% $204 / Sq Ft
01/15/2021 01/15/21 Rented $2,500 0.0% --
12/19/2020 12/19/20 Under Contract -- -- --
11/18/2020 11/18/20 For Rent $2,500 +28.2% --
03/29/2016 03/29/16 Rented $1,950 0.0% --
03/22/2016 03/22/16 Under Contract -- -- --
11/03/2015 11/03/15 For Rent $1,950 -- --
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 $6,713 $459,010 $155,000 $304,010
2022 $6,882 $508,260 $0 $0
2021 $5,358 $377,670 $130,000 $247,670
2020 $4,920 $339,150 $95,000 $244,150
2019 $4,650 $317,220 $80,000 $237,220
2018 $4,293 $285,030 $61,000 $224,030
2017 $4,048 $259,070 $55,000 $204,070
2016 $3,936 $243,010 $55,000 $188,010
2015 $2,879 $208,980 $55,000 $153,980
2014 $2,878 $207,330 $55,000 $152,330
Source: Public Records

Agents Affiliated with this Home

  • Maureen Mignone

    Seller's Agent in 2022

    Maureen Mignone

    Dale Sorensen Real Estate Inc.

    (321) 749-5860

    1 in this area

    77 Total Sales

    Section Image
  • Joseph Mignone

    Seller Co-Listing Agent in 2022

    Joseph Mignone

    Dale Sorensen Real Estate Inc.

    (321) 501-8307

    1 in this area

    82 Total Sales

    Section Image

  • N

    Buyer's Agent in 2022

    Non-Member Non-Member Out Of Area

    Non-MLS or Out of Area

  • C

    Buyer's Agent in 2021

    Casidy Marks

    CENTURY 21 Circle

See All Agents

Map

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

MLS Number: 927885

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 29-38-08-25-00000.0-0018.00

Florida Brevard County Malabar 32950

3500 Reef Place, Malabar, FL

This home is located at 3500 Reef Place, Malabar, FL 32950 since 24 February 2022 and is currently estimated at $638,302, approximately $255 per square foot. This property was built in 1986. 3500 Reef Place is a home located in Brevard County with nearby schools including Port Malabar 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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