NOT LISTED FOR SALE

516 Olsmar St Palm Bay, FL 32908

Southwest Palm Bay Neighborhood

Estimated Value: $348,000 - $394,000

3 Beds
2 Baths
1,809 Sq Ft
$201/Sq Ft Est. Value

Last Sold January 24, 2024

Last sale price $368,000 $203 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,042/month

32 Days on Market

Highlights

  • No HOA
  • Den
  • Patio
  • Screened Porch
  • 2 Car Attached Garage
  • Kitchen Island

About This Home

As of January 2024

WOW- READY FOR YOU - 3 bed, 2 baths, DEN & 20 x 12 + Trussed Screened Porch on City Water. Stone columns lead into the home to find popular level 2 Vinyl Plank Floors throughout. The open plan includes stainless appliances with the island overlooking the family room. The primary suite features a tray ceiling, generous closet, vanity with double sinks, linen closet and large shower with 5' fixed glass door. Also included: WIFI garage door opener, inside laundry, Carriage lights, 2 rear flood lights, LED Light Package in family & primary, 1yr builder/10 yr structural warranty. For a limited time: 10K closing cost or low fixed rate with preferred lender if qualified

Last Agent to Sell the Property

Binki Kaiser

One Sotheby's International License #601426 Listed on: 12/08/2023

One Sotheby's International

Last Buyer's Agent

Margaret Hood

LPT Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $672

Year Built

  • Built in 2023

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

  • 1,809 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Dining Room
  • Den
  • Screened Porch
  • Vinyl Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Outdoor Features

  • Patio

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank
  • Sewer Not Available

Community Details

  • No Home Owners Association
  • Port Malabar Unit 31 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 29-36-25-Jp-01494.0-0011.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$672

Year Built

Built in 2023

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2023
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Other
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Port Malabar Unit 31
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 29-36-25-Jp-01494.0-0011.00
  • 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 Year2: 2023
  • General Property Information Living Area2: 1809.0
  • General Property Information Building Area Total3: 2472.0
  • General Property Information Lot Size Acres: 0.23
  • General Property Information Lot Size Square Feet2: 10019.0
  • 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: North
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • General Property Information Community Fee(s) YN: No
  • Levels One: Yes
  • Roof:Shingle: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • Room Types Dining Room: Yes
  • Room Types Family Room: Yes
  • Flooring Vinyl: Yes
  • Room Types Den: Yes
  • General Property Information CDD Fee YN: No
  • Utilities Sewer Not Available: Yes
  • Special Features: 4098
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Kitchen Island, Split Bedrooms
  • Flooring: Vinyl
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Total Bedrooms: 7
  • ResoLivingAreaSource: Other
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Split Bedrooms: Yes

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Acres: 0.23
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: North
  • 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
  • Lot Features:Other21: 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: Sewer Not Available
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • 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: Southwest

Lot Info

  • Current Use: Single Family
  • Lot Size Sq Ft: 10019.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2912862
  • Parcel #: 29-36-25-Jp-01494.0-0011.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2023

MLS Schools

  • Elementary School: Westside
  • High School: Bayside

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2023
Closed on
Jan 24, 2024
Sold by
Avtec Homes Inc
Bought by
Giordano Cinzia and Maniscalco Giovanni John
Seller's Agent
Binki Kaiser
One Sotheby's International
Buyer's Agent
Margaret Hood
LPT Realty, LLC
List Price
$369,400
Sold Price
$368,000
Premium/Discount to List
-$1,400
-0.38%
Views
22
Current Estimated Value
$364,399

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,601
Avg. Annual Appreciation
-0.05%
Original Mortgage
$331,200
Outstanding Balance
$326,947
Interest Rate
6.61%
Mortgage Type
Construction
Estimated Equity
$40,762

Purchase Details

Closed on
Mar 15, 2022
Sold by
Weber Mark E
Bought by
Avtec Homes Inc

Purchase Details

Closed on
Jan 11, 2005
Sold by
Nachtigall Harry S
Bought by
Weber Mark E
Source: Public Records

Range of Values:

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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
Giordano Cinzia $368,000 Peninsula Title & Escrow Servi
Avtec Homes Inc $86,000 Peninsula Title Services
Weber Mark E $85,000 Peninsula Title Services Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Giordano Cinzia $331,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2024 01/24/24 Sold $368,000 -0.4% $203 / Sq Ft
01/09/2024 01/09/24 Pending -- -- --
12/08/2023 12/08/23 For Sale $369,400 -- $204 / 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
2024 $672 $265,840 -- --
2023 $672 $35,000 $35,000 $0
2022 $213 $19,000 $0 $0
2021 $432 $10,000 $10,000 $0
2020 $409 $7,500 $7,500 $0
2019 $454 $7,500 $7,500 $0
2018 $442 $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

  • Binki Kaiser

    Seller's Agent in 2024

    Binki Kaiser

    One Sotheby's International

    (321) 795-7184

    26 in this area

    98 Total Sales

    Binki Kaiser
    Section Image

  • M

    Buyer's Agent in 2024

    Margaret Hood

    LPT Realty, LLC

See All Agents

Map

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

MLS Number: 982128

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 29-36-25-JP-01494.0-0011.00

Florida Brevard County Palm Bay 32908 Southwest Palm Bay

516 Olsmar St, Palm Bay, FL

This home is located at 516 Olsmar St, Palm Bay, FL 32908 since 08 December 2023 and is currently estimated at $364,399, approximately $201 per square foot. This property was built in 2023. 516 Olsmar St 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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