NOT LISTED FOR SALE

422 Reading St SE Palm Bay, FL 32909

Estimated Value: $27,000 - $61,000

-- Bed
-- Bath
-- Sq Ft
10,454 Sq Ft Lot

Last Sold September 16, 2021

Last sale price $19,111

Est. 131% increase in value since last sale

Current estimated payment $287/month

81 Days on Market

About This Home

As of September 2021

*Paved Roads Here!* 0.24 acre buildable single family residential lot [Rs2 Zoning] with a right-of-way easement canal in the back of the property available in Port Malabar Unit #25 of Palm Bay. Nicely located in the SE Section near the Bayside Lakes Subdivision, this lot is just 3.1 miles -8 minutes- to Publix Shopping, 3.3 miles -7 minutes- to Bayside High and WestSide Elementary Schools, 13.5 miles to the Melbourne Square Mall, and just 16.3 miles -39 minutes- to the beaches in Indialantic. From Exit #173 of I-95 go west on Malabar Road. Turn left on San Filippo Drive SE and proceed south for 5.7 miles. Turn right on Cogan Drive and left on Reading Street SE.

Last Listed By

Phil Rotondo

Coldwell Banker Realty License #3055546 Listed on: 05/19/2021

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $134

Lot Details

  • 10,454 Sq Ft Lot
  • Many Trees

Schools

  • Westside Elementary School
  • Southwest Middle School
  • Bayside High School

Additional Features

  • Drainage Canal
  • Well

Community Details

  • No Home Owners Association
  • Port Malabar Unit 25 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 29-37-30-Gv-01327.0004.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$134

Lot Details

0

Listing Details

  • Property Type: Land
  • Reso Property Sub Type: Unimproved Land
  • ResoLotFeatures: Drainage Canal, Many Trees
  • Road Surface Type: Paved
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Port Malabar Unit 25
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Exterior Features

  • Acres: 0.24
  • Waterfront: No
  • Lot Features:Many Trees: Yes

Utilities

  • Utilities: Electricity Connected, Water Available
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: Southwest

Lot Info

  • Number Of Lots: 1
  • Current Use: Residential, Single Family
  • Lot Dimensions: Eighty Three Feet by One Hundred Twenty Five Feet
  • Lot Size Sq Ft: 10454.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 29-37-30-Gv-01327.0004.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 133.62

MLS Schools

  • Elementary School: Westside
  • High School: Bayside

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 19, 2023
Sold by
Mv51 Investments Llc
Bought by
Gibraltar Development Llc
Total Days on Market
81
Current Estimated Value
$44,128

Range of Values:

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Average Value
Not Available
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
Gibraltar Development Llc $45,000 Peninsula Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2021 09/16/21 Sold $19,111 -3.5% --
08/09/2021 08/09/21 Pending -- -- --
08/07/2021 08/07/21 Price Changed $19,800 -16.8% --
07/22/2021 07/22/21 Price Changed $23,800 +4.4% --
07/10/2021 07/10/21 Price Changed $22,800 -4.2% --
07/07/2021 07/07/21 Price Changed $23,800 -4.0% --
06/28/2021 06/28/21 Price Changed $24,800 -10.8% --
06/25/2021 06/25/21 Price Changed $27,800 -6.7% --
06/05/2021 06/05/21 Price Changed $29,800 +7.2% --
05/19/2021 05/19/21 For Sale $27,800 -- --
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 $478 $25,000 $0 $0
2022 $436 $22,000 $0 $0
2021 $147 $8,500 $8,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 905465

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 29-37-30-GV-01327.0-0004.00