NOT LISTED FOR SALE

3500 Reef Place Malabar, FL 32950

Malabar Area

Estimated Value: $594,000 - $660,239

3 Beds
2 Baths
2,498 Sq Ft
$254/Sq Ft Est. Value

Sale Details

Date Sold: April 18, 2022

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

Est. 24% increase in value since last sale

Current estimated payment $4,211 / mo

4 Days on Market

Highlights

  • Community Boat Dock
  • RV Access or Parking
  • Corner Lot
  • Screened Pool
  • Vaulted Ceiling
  • Pool View

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

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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
  • Screened Porch
  • Pool Views

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

  • Screened Pool
  • Private Pool

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
  • Maintained Community

Recreation

  • Community Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,358

Year Built

Built in 1986

Lot Details

1 Acres

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: Smoke Detector(s), Security System Owned
  • Reso Association Amenities: Boat Dock, Management - Full Time
  • Co List Office Mls Id: spa.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
  • ResoWindowFeatures: Skylight(s)
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

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

Exterior Features

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

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage Door Opener, RV Access/Parking

Utilities

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

Condo/Co-op/Association

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

Schools

  • Middle Or Junior School: Stone

Lot Info

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

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2022
Closed on
Apr 13, 2022
Sold by
Laite Iv Luther V and Laite Merissa B
Bought by
Seller's Agent
Maureen Mignone
Dale Sorensen Real Estate Inc.
Buyer's Agent
Non-Member Non-Member Out Of Area
Non-MLS or Out of Area
List Price
$510,000
Sold Price
$525,000
Premium/Discount to List
$15,000
2.94%
Current Estimated Value
$652,214

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,214
Avg. Annual Appreciation
4.36%

Purchase Details

Closed on
Aug 29, 2008
Sold by
Taylor Gordon R and Taylor Patricia
Bought by
Laite Luther V and Laite Merissa B

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
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Malabar, FL

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$525,000 State Title Partners
Laite Luther V $330,000 State Title Partners Llp
Bancboston Mtg Corp -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $303,000
Previous Owner Laite Luther V $313,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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 -- --
03/22/2016 03/22/16 Under Contract -- -- --
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $7,019 $499,620
2025 $6,842 $486,490
2024 $6,713 $472,780
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

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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

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