NOT LISTED FOR SALE

498 Thor Ave SE Palm Bay, FL 32909

Port Malabar Neighborhood

Estimated Value: $93,000 - $473,807

0.51 Acre
$555,694 Price per Acre
22,216 Sq Ft Lot

Last Sold October 29, 2021

Last sale price $65,000

Est. 335% increase in value since last sale

Current estimated payment $1,620/month

69 Days on Market

About This Lot

As of October 2021

Built your Multi-Family units on this Vacant Lot or buy the adjacent lot with it and build a multi-family complex. Property is .51 acres. Purchase both and have over an acre of land. Don't miss this great investment opportunity!!

Last Agent to Sell the Property

Tim Sheehan

Progressive Real Estate, Inc. License #631478 Listed on: 03/15/2021

Co-Listed By

Rebecca Sheehan

Progressive Real Estate, Inc. License #3021831

Last Buyer's Agent

Laura Cerpa

EXP Realty LLC License #3342737

EXP Realty LLC

Property Details

Property Type

  • Land

Lot Details

  • 0.51

Schools

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

Additional Features

  • 0.51 Acre Lot
  • Cable TV Available

Community Details

  • Port Malabar Unit 40 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 29-37-03-26-01991.0-0005.00

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Reso Property Sub Type: Unimproved Land
  • Road Surface Type: Paved
  • Co List Office Mls Id: 05020
  • Co List Office Phone: 321-259-0000
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Port Malabar Unit 40
  • Location Tax and Legal Parcel Number2: 29-37-03-26-01991.0-0005.00
  • 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: 1687.85
  • Location Tax and Legal Tax Year2: 2020
  • General Property Information Lot Size Acres: 0.51
  • General Property Information Lot Size Square Feet2: 22216.0
  • General Property Information Senior Community YN: No
  • Utilities Cable Available: Yes
  • Utilities Water Available: Yes
  • Utilities Sewer Available: Yes
  • General Property Information Number Of Lots2: 1.0
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 0.51

Utilities

  • Utilities: Cable Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Stone

Lot Info

  • Number Of Lots: 1
  • Current Use: Multi-Family, Residential
  • Lot Size Sq Ft: 22216.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 29-37-03-26-01991.0-0005.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 1687.85

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 31, 2024
Sold by
Coral Bay Development & Investment Llc
Bought by
Everly Mae Capital Group Llc
Current Estimated Value
$282,601

Purchase Details

Closed on
Jul 9, 2021
Sold by
Great White Holdings Llc
Bought by
Coral Bay Development & Investment Llc

Purchase Details

Closed on
Jan 12, 2012
Sold by
Sa Investment Properties Inc
Bought by
Great White Holdings Llc

Purchase Details

Closed on
Nov 19, 2010
Sold by
Lockhart Scott A
Bought by
Sa Investment Properties Inc

Purchase Details

Closed on
Dec 20, 2002
Sold by
Stein Teddie M
Bought by
Lockhart Scott A

Purchase Details

Closed on
Jul 11, 1997
Sold by
Vaughan Geoffery K
Bought by
Stein Teddie M
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
Everly Mae Capital Group Llc $480,000 Homeland Title Source
Coral Bay Development & Investment Llc $62,500 Landing Title Agency Inc
Great White Holdings Llc -- None Available
Sa Investment Properties Inc -- None Available
Lockhart Scott A $9,500 --
Stein Teddie M $3,800 --
Vaughan Geoffery K $3,800 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2021 10/29/21 Sold $65,000 0.0% --
05/24/2021 05/24/21 Pending -- -- --
03/15/2021 03/15/21 For Sale $65,000 -- --
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 $877 $50,000 $50,000 $0
2022 $772 $40,000 $0 $0
2021 $427 $30,000 $30,000 $0
2020 $1,688 $22,000 $22,000 $0
2019 $1,773 $20,000 $20,000 $0
2018 $1,759 $20,000 $20,000 $0
2017 $1,767 $20,000 $20,000 $0
2016 $1,567 $10,000 $10,000 $0
2015 $1,571 $10,000 $10,000 $0
2014 $1,575 $10,000 $10,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Tim Sheehan

    Seller's Agent in 2021

    Tim Sheehan

    Progressive Real Estate, Inc.

    (321) 259-0000

    7 in this area

    40 Total Sales

    Section Image

  • R

    Seller Co-Listing Agent in 2021

    Rebecca Sheehan

    Progressive Real Estate, Inc.

    Section Image
  • Laura Cerpa

    Buyer's Agent in 2021

    Laura Cerpa

    EXP Realty LLC

    (407) 591-1648

    3 in this area

    67 Total Sales

    Section Image
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Map

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

MLS Number: 899549

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 29-37-03-26-01991.0-0005.00

Florida Brevard County Palm Bay 32909 Port Malabar

498 Thor Ave SE, Palm Bay, FL

This home is located at 498 Thor Ave SE, Palm Bay, FL 32909 since 15 March 2021 and is currently estimated at $283,404. 498 Thor Ave SE 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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