NOT LISTED FOR SALE

461 Forbes St SE Palm Bay, FL 32909

Estimated Value: $34,751 - $54,000

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

Last Sold April 24, 2023

Last sale price $35,000

Est. 25% increase in value since last sale

Current estimated payment $275/month

236 Days on Market

About This Home

As of April 2023

NEWER PAVED ROADS, NEW CONSTRUCTION, AND SURROUNDING GROWTH INTRODUCE THIS UP-AND-COMING NEIGHBORHOOD! BUY THIS LOT ON ITS OWN, OR TRIPLE UP AND ADD THE PARCELS TO THE EAST AND WEST, EXPANDING THE PROPERTY TO .72-OF-AN ACRE! (IF WANTING JUST ONE LOT, CANNOT BUY THIS ONE FIRST OF THE TRIPLE LOT. ) A 9-MINUTE TRIP TAKES YOU TO ALL THE CONVENIENCES AT THE BAYSIDE LAKES COMMERCIAL CENTER. ENJOY THE AREA'S PUBLIX, DUNKIN', WALGREENS, TASTY EATERIES, AND MORE! THE WHOLE FAMILY WILL ENJOY LOVELY BILL MADDEN PARK, JUST 5 MINUTES AWAY. ALL LOCAL SCHOOLS ARE WITHIN A 7 TO 13-MINUTE COMMUTE. THE NEW I-95 SOUTH EXCHANGE IS A 7-MINUTE DRIVE, AND BUSY MALABAR ROAD IS NEARBY, OFFERING A HOST OF BIG-NAME STORES, RESTAURANTS, AND MEDICAL SERVICES. THIS SITE UTILIZES WELL WATER AND SEPTIC.

Last Agent to Sell the Property

Cheryl Smith

Cheryl Smith Realty, Inc License #426949 Listed on: 07/27/2022

Last Buyer's Agent

Judy Wood

Location Real Estate LLC License #453893

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $146

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 83x125
  • Wooded Lot

Schools

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

Utilities

  • Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • Port Malabar Unit 25 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 29-37-31-Gv-01281.0-0037.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$146

Lot Details

0

Listing Details

  • Property Type: Land
  • Reso Property Sub Type: Unimproved Land
  • ResoLotFeatures: Wooded
  • Road Surface Type: Paved
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Port Malabar Unit 25
  • Location Tax and Legal Parcel Number2: 29-37-31-Gv-01281.0-0037.00
  • Location Tax and Legal Elementary School: Westside
  • Location Tax and Legal Middle School2: Southwest
  • Location Tax and Legal High School: Bayside
  • Location Tax and Legal Tax Annual Amount: 146.28
  • Location Tax and Legal Tax Year2: 2021
  • General Property Information Lot Size Acres: 0.24
  • General Property Information Lot Size Square Feet2: 10454.0
  • General Property Information Waterfront YN: No
  • General Property Information Senior Community YN: No
  • Water Source Well: Yes
  • General Property Information Lot Size Dimensions: 83x125
  • General Property Information Number Of Lots2: 1.0
  • Special Features: None
  • Property Sub Type: Detached

Exterior Features

  • Acres: 0.24
  • Waterfront: No
  • Lot Features:Wooded: Yes

Utilities

  • Water Source: Well
  • Sewer Septic Tank: Yes

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: 83x125
  • Lot Size Sq Ft: 10454.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 29-37-31-Gv-01281.0-0037.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 146.28

MLS Schools

  • Elementary School: Westside
  • High School: Bayside

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 4, 2024
Sold by
Webb Deborah
Bought by
Webb Darryl P
Current Estimated Value
$43,917

Purchase Details

Listed on
Jul 27, 2022
Closed on
Apr 18, 2023
Sold by
Odonnell Judith L and Odonnell Mark A
Bought by
Venicatbsh Rajaraman Revocable Living Trust
Seller's Agent
Cheryl Smith
Cheryl Smith Realty, Inc
Buyer's Agent
Judy Wood
Location Real Estate LLC
List Price
$39,999
Sold Price
$35,000
Premium/Discount to List
-$4,999
-12.5%
Views
2

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.42%
Source: Public Records

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
Webb Darryl P $100 None Listed On Document
Venicatbsh Rajaraman Revocable Living Trust $35,000 Peninsula Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/24/2023 04/24/23 Sold $35,000 -12.5% --
03/21/2023 03/21/23 Pending -- -- --
07/27/2022 07/27/22 For Sale $39,999 -- --
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
2025 $535 $31,000 -- --
2024 $478 $28,000 -- --
2023 $478 $25,000 $0 $0
2022 $436 $22,000 $0 $0
2021 $146 $8,500 $8,500 $0
2020 $134 $7,500 $7,500 $0
2019 $174 $6,600 $6,600 $0
2018 $164 $5,600 $5,600 $0
2017 $163 $1,250 $0 $0
2016 $96 $4,000 $4,000 $0
2015 $92 $4,000 $4,000 $0
2014 $85 $3,500 $3,500 $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: 941832

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 29-37-31-GV-01281.0-0037.00