NOT LISTED FOR SALE

505 Rheine Rd NW Palm Bay, FL 32907

Estimated Value: $285,000 - $363,000

3 Beds
2 Baths
1,670 Sq Ft
$189/Sq Ft Est. Value

Last Sold November 06, 2014

Last sale price $87,299 $52 Per Sq Ft

Est. 261% increase in value since last sale

Current estimated payment $1,872/month

139 Days on Market

Highlights

  • In Ground Pool
  • No HOA
  • Breakfast Area or Nook
  • Wood Flooring
  • Screened Porch
  • 2 Car Attached Garage

About This Home

As of November 2014

This property is bank owned. It is sold in “as-is” condition without repairs or warranty. Buyer is responsible for verifying all information contained in this listing.

Last Agent to Sell the Property

Stephanie McCall

RealHome Services & Solutions License #3260128 Listed on: 09/03/2014

RealHome Services & Solutions

Last Buyer's Agent

Yun Miao

Wendy Yun Miao Realty License #3087868

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,751

Year Built

  • Built in 1983

Lot Details

  • 0.29 Acre Lot
  • South Facing Home
  • Wood Fence

Parking

  • 2 Car Attached Garage

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Asphalt
  • Stucco

Interior Spaces

  • 1,670 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Screened Porch
  • Breakfast Area or Nook

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Pool

  • In Ground Pool
  • Screen Enclosure

Outdoor Features

  • Patio

Schools

  • Lockmar Elementary School
  • Central Middle School
  • Heritage High School

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association
  • Port Malabar Unit 48 Subdivision

Listing and Financial Details

  • Auction
  • Assessor Parcel Number 28-36-24-Kr-02483.0-0001.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,751

Year Built

Built in 1983

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1983
  • Reso Property Sub Type: Single Family Residence
  • Road Surface Type: Asphalt
  • ResoSpecialListingConditions: Auction
  • Subdivision Name: Port Malabar Unit 48
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 28-36-24-Kr-02483.0-0001.00
  • Location Tax and Legal Elementary School: Lockmar
  • Location Tax and Legal Middle School2: Central
  • Location Tax and Legal High School: Heritage
  • Location Tax and Legal Tax Annual Amount: 1751.28
  • Location Tax and Legal Tax Year2: 2013
  • General Property Information Living Area2: 1670.0
  • General Property Information Lot Size Acres: 0.29
  • General Property Information Lot Size Square Feet2: 12500.0
  • General Property Information New Construction YN: No
  • General Property Information Waterfront YN: No
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: South
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Fencing Fenced2: Yes
  • Fencing Wood2: Yes
  • Flooring Tile: Yes
  • Flooring Wood: Yes
  • Levels One: Yes
  • Pool Features In Ground: Yes
  • Pool Features Private: Yes
  • Road Surface Type Asphalt: Yes
  • Roof:Shingle: Yes
  • Utilities Electricity Connected: Yes
  • Flooring Carpet: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • Interior Features Breakfast Nook: Yes
  • Pool Features Screen Enclosure: Yes
  • Room Types Family Room: Yes
  • General Property Information Lot Size Dimensions: 100.0 ft x 125.0 ft
  • Special Listing Conditions Auction: Yes
  • Special Features: Auction
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Nook, Walk-In Closet(s)
  • Flooring: Carpet, Tile, Wood
  • Appliances: None
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • ResoLivingAreaSource: PublicRecords
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:None: Yes

Exterior Features

  • Pool Features: In Ground, Private, Screen Enclosure
  • Roof: Shingle
  • Fencing: Fenced, Wood
  • Acres: 0.29
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: South
  • Patio And Porch Features: Patio, Porch, Screened
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: 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
  • Utilities: Electricity Connected, Water Available
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Central: Yes
  • Heating:Electric3: Yes
  • 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: Central

Lot Info

  • Lot Dimensions: 100.0 ft x 125.0 ft
  • Lot Size Sq Ft: 12500.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2806800
  • Parcel #: 28-36-24-Kr-02483.0-0001.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 1751.28

MLS Schools

  • Elementary School: Lockmar
  • High School: Heritage

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 3, 2019
Sold by
Miao Yun and Marrin Ken
Bought by
Huggler Priscilla
Current Estimated Value
$314,817

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,915
Outstanding Balance
$187,204
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$127,613

Purchase Details

Listed on
Sep 3, 2014
Closed on
Oct 16, 2014
Sold by
Bank Of America National Association
Bought by
Miao Yun and Marrin Ken
Seller's Agent
Stephanie McCall
RealHome Services & Solutions
Buyer's Agent
Yun Miao
Wendy Yun Miao Realty
List Price
$117,000
Sold Price
$87,299
Premium/Discount to List
-$29,701
-25.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.42%

Purchase Details

Closed on
Aug 4, 2014
Sold by
Salazar Miguel and Countrywide Home Loans Inc
Bought by
Bank Of America National Association

Purchase Details

Closed on
Apr 14, 2014
Sold by
Salazar Miguel and Case #05-2008-Ca-051440
Bought by
Countrywide Home Loans Inc

Purchase Details

Closed on
Jan 14, 2005
Sold by
Swonger James W
Bought by
Salazar Miguel and Salazar Felicita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,700
Interest Rate
5.61%

Purchase Details

Closed on
Nov 25, 1996
Sold by
Swonger Valerie I and Page Valerie Irene
Bought by
Swonger James W
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
Huggler Priscilla $219,500 Precise Title Inc
Miao Yun $87,000 Premium Title Services Inc
Bank Of America National Association -- Attorney
Countrywide Home Loans Inc -- None Available
Salazar Miguel $159,900 Town & Country Title Inc
Swonger James W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huggler Priscilla $212,915
Previous Owner Salazar Miguel $151,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/06/2014 11/06/14 Sold $87,299 -25.4% $52 / Sq Ft
09/17/2014 09/17/14 Pending -- -- --
05/01/2014 05/01/14 For Sale $117,000 -- $70 / Sq Ft
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 $2,497 $178,140 -- --
2024 $2,434 $173,120 -- --
2023 $2,434 $168,080 $0 $0
2022 $2,337 $163,190 $0 $0
2021 $2,387 $158,440 $0 $0
2020 $2,338 $156,260 $12,000 $144,260
2019 $3,106 $143,620 $11,000 $132,620
2018 $2,846 $132,470 $8,800 $123,670
2017 $2,683 $118,670 $6,800 $111,870
2016 $2,373 $111,040 $6,000 $105,040
2015 $2,177 $94,250 $4,000 $90,250
2014 $1,913 $79,720 $4,000 $75,720
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 695671

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-36-24-KR-02483.0-0001.00