NOT LISTED FOR SALE

488 Lafayette St SW Palm Bay, FL 32908

Southwest Palm Bay Neighborhood

Estimated Value: $361,706 - $400,000

4 Beds
3 Baths
2,117 Sq Ft
$179/Sq Ft Est. Value

Last Sold May 31, 2022

Last sale price $379,000 $179 Per Sq Ft

Current estimated payment $2,388/month

3 Days on Market

Highlights

  • New Construction
  • Vaulted Ceiling
  • Hurricane or Storm Shutters
  • Open Floorplan
  • No HOA
  • Porch

About This Home

As of May 2022

ACCEPTING ALL OFFERS!!! NEW CONSTRUCTION!!! Brand new construction!!!! This beautiful 4/3 home features an open floor plan. Formal dining, Vaulted ceilings, 5'' baseboards, recessed lights and great room for entertaining. The kitchen features 36' cabinets bump & staggered with crown molding, stainless steel appliances. Master suite includes a large walk-in closet, and shower with a separate garden tub. Home also includes a Trussed roof porch,R-30 insulation, Taexx pest prevention system, double pane (low E) windows w/ Storm Shutters, Moen brushed nickel bath fixtures, pull down attic access stairway and so much more. Full Builder warranties apply. Closing Costs paid w/approved Lender.

Last Agent to Sell the Property

Isabella McFarland

Adams Homes Realty, Inc. License #3524369 Listed on: 04/23/2022

Co-Listed By

Kristi Worley

Adams Homes Realty, Inc. License #234388

Last Buyer's Agent

Calvin Ratteray

EXP Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $467

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 10,019 Sq Ft Lot
  • North Facing Home

Parking

  • 2 Car Attached Garage

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,117 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Family Room
  • Dining Room
  • Laundry Room

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • 3 Full Bathrooms
  • Separate Shower in Primary Bathroom

Home Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Thermostat
  • Water-Smart Landscaping

Schools

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

Utilities

  • Central Heating and Cooling System
  • Geothermal Heating and Cooling
  • Well
  • Electric Water Heater
  • Septic Tank

Additional Features

  • Grip-Accessible Features
  • Porch

Community Details

  • No Home Owners Association
  • Port Malabar Unit 31 Association
  • Port Malabar Unit 31 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 29-36-24-Jp-01486.0-0001.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$467

Year Built

Built in 2022 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2022
  • Reso Property Sub Type: Single Family Residence
  • ResoSecurityFeatures: Smoke Detector(s)
  • Co List Office Mls Id: 01351
  • Co List Office Phone: 321-751-1530
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Port Malabar Unit 31
  • Reso Accessibility Features: Grip-Accessible Features
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: Yes
  • Efficiency: HVAC, Thermostat
  • Location Tax and Legal Parcel Number2: 29-36-24-Jp-01486.0-0001.00
  • 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: 467.01
  • Location Tax and Legal Tax Year2: 2021
  • General Property Information Living Area2: 2117.0
  • General Property Information Lot Size Acres: 0.23
  • General Property Information Lot Size Square Feet2: 10019.0
  • General Property Information New Construction YN: Yes
  • General Property Information Waterfront YN: No
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: North
  • Appliances Microwave: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Levels One: Yes
  • Pets Allowed Yes: Yes
  • Roof:Shingle: Yes
  • Security Features Smoke Detector(s): Yes
  • Flooring Carpet: Yes
  • Water Source Well: Yes
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • General Property Information Carport YN2: No
  • Green Water Conservation Water-Smart Landscaping: Yes
  • Room Types Dining Room: Yes
  • Room Types Family Room: Yes
  • Room Types Laundry: Yes
  • Flooring Vinyl: Yes
  • Interior Features Jack and Jill Bath: Yes
  • Special Features: 4098
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Ceiling Fan(s), Jack and Jill Bath, Kitchen Island, Open Floorplan, Primary Bathroom - Tub with Shower, Primary Bathroom -Tub with Separate Shower, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
  • Flooring: Carpet, Vinyl
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Ice Maker, Microwave
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Total Bedrooms: 7
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Open Floorplan: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:Walk-In Closet(s): Yes

Exterior Features

  • Exterior Features: Storm Shutters
  • Pool Features: None
  • Roof: Shingle
  • Acres: 0.23
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: North
  • Patio And Porch Features: Porch
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio and Porch Features:Porch: Yes
  • Exterior Features:Storm Shutters: Yes
  • Accessibility Features:Grip-Accessible Features: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Attached: Yes

Utilities

  • Cooling: Central Air, Electric
  • 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 Name: PORT MALABAR UNIT 31
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No
  • General Property Information:Association Name: PORT MALABAR UNIT 31

Schools

  • Middle Or Junior School: Southwest

Lot Info

  • Lot Size Sq Ft: 10019.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2912068
  • Parcel #: 29-36-24-Jp-01486.0-0001.00
  • ResoLotSizeUnits: Acres

Green Features

  • Green Water Conservation: Water-Smart Landscaping
  • Green Energy Efficient:HVAC: Yes
  • Green Energy Efficient:Thermostat: Yes

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 467.01

MLS Schools

  • Elementary School: Westside
  • High School: Bayside

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2022
Closed on
May 31, 2022
Sold by
Adams Homes Of Northwest Florida Inc
Bought by
Rodrigitez Ernesto Riveron
Seller's Agent
Isabella McFarland
Adams Homes Realty, Inc.
Buyer's Agent
Calvin Ratteray
EXP Realty, LLC
List Price
$370,700
Sold Price
$379,000
Premium/Discount to List
$8,300
2.24%
Current Estimated Value
$378,177

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$823
Avg. Annual Appreciation
-0.07%
Original Mortgage
$360,050
Outstanding Balance
$342,077
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$36,100

Purchase Details

Listed on
Jul 29, 2015
Closed on
Aug 10, 2017
Sold by
Sw 488 Lafayette Street Unit 31 Llc
Bought by
Adams Homes Of Nw Florida Inc
Seller's Agent
Cheryl Smith
Cheryl Smith Realty, Inc
Buyer's Agent
Kristi Worley
Adams Homes Realty, Inc.
List Price
$7,500
Sold Price
$6,000
Premium/Discount to List
-$1,500
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
137.19%

Purchase Details

Closed on
Feb 11, 2011
Sold by
The Good Samaritan Enterprises Inc
Bought by
Sw 488 Lafayette Street Unit 31 Llc

Purchase Details

Closed on
Mar 12, 2004
Sold by
Giardina Susan and Robertson Susan
Bought by
The Good Samaritan Enterprises Inc
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
Rodrigitez Ernesto Riveron $379,000 Spira Law Group Pa
Adams Homes Of Nw Florida Inc $6,000 Attorney
Sw 488 Lafayette Street Unit 31 Llc -- Attorney
Sw 488 Lafayette Street Unit 31 Llc -- None Available
The Good Samaritan Enterprises Inc $20,000 Peninsula Title Services Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodrigitez Ernesto Riveron $360,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2022 05/31/22 Sold $379,000 +2.2% $179 / Sq Ft
04/27/2022 04/27/22 Pending -- -- --
04/23/2022 04/23/22 For Sale $370,700 +6078.3% $175 / Sq Ft
08/14/2017 08/14/17 Sold $6,000 -20.0% --
05/17/2017 05/17/17 Pending -- -- --
07/29/2015 07/29/15 For Sale $7,500 -- --
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 $4,600 $294,850 -- --
2024 $4,505 $288,450 -- --
2023 $4,505 $280,050 $35,000 $245,050
2022 $311 $19,000 $0 $0
2021 $467 $10,000 $10,000 $0
2020 $441 $7,500 $7,500 $0
2019 $487 $7,500 $7,500 $0
2018 $471 $6,400 $6,400 $0
2017 $435 $1,250 $0 $0
2016 $373 $4,500 $4,500 $0
2015 $365 $4,000 $4,000 $0
2014 $358 $3,500 $3,500 $0
Source: Public Records

Agents Affiliated with this Home

  • I

    Seller's Agent in 2022

    Isabella McFarland

    Adams Homes Realty, Inc.

    Section Image

  • K

    Seller Co-Listing Agent in 2022

    Kristi Worley

    Adams Homes Realty, Inc.

    (321) 960-5444

    84 in this area

    505 Total Sales

    Kristi Worley
    Section Image

  • C

    Buyer's Agent in 2022

    Calvin Ratteray

    EXP Realty, LLC

  • C

    Seller's Agent in 2017

    Cheryl Smith

    Cheryl Smith Realty, Inc

    (321) 544-8449

    541 in this area

    1,445 Total Sales

    Cheryl Smith
    Section Image
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Map

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

MLS Number: 932808

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 29-36-24-JP-01486.0-0001.00

Florida Brevard County Palm Bay 32908 Southwest Palm Bay

488 Lafayette St SW, Palm Bay, FL

This home is located at 488 Lafayette St SW, Palm Bay, FL 32908 since 23 April 2022 and is currently estimated at $378,177, approximately $178 per square foot. This property was built in 2022. 488 Lafayette St SW is a home located in Brevard County with nearby schools including Westside Elementary School, Southwest Middle School, and Bayside 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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