NOT LISTED FOR SALE

518 Picasso Ave NE Palm Bay, FL 32907

Port Malabar Neighborhood

Estimated Value: $193,000 - $281,000

3 Beds
2 Baths
1,230 Sq Ft
$199/Sq Ft Est. Value

Last Sold May 29, 2013

Last sale price $58,000 $47 Per Sq Ft

Est. 322% increase in value since last sale

Current estimated payment $1,413/month

175 Days on Market

Highlights

  • In Ground Pool
  • No HOA
  • Skylights
  • Open Floorplan
  • Screened Porch
  • 2 Car Attached Garage

About This Home

As of May 2013

Spacious 3 Bedroom 2 Bath 2Car Garage Home in Northeast Palm Bay .Located on quiet street. Home features open floor-plan,in-ground pool, large fenced backyard,enclosed garage, nice curb appeal and more. Come see today.

Last Agent to Sell the Property

Marvin Richardson

Real Est. Plus REO Executives License #3102106 Listed on: 11/07/2012

Last Buyer's Agent

Marty Piatkowski

Tropic Coast Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $698

Year Built

  • Built in 1979

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 126 x 85
  • South Facing Home

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Shingle Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,230 Sq Ft Home
  • Open Floorplan
  • Skylights
  • Screened Porch
  • Electric Range

Flooring

  • Concrete
  • Terrazzo

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Pool

  • In Ground Pool

Schools

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

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Port Malabar Unit 29 Subdivision

Listing and Financial Details

  • Foreclosure
  • Assessor Parcel Number 28373301021750002600

Home Details

Home Type

Single Family

Est. Annual Taxes

$698

Year Built

Built in 1979

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1979
  • Reso Property Sub Type: Single Family Residence
  • ResoSpecialListingConditions: In Foreclosure
  • Subdivision Name: Port Malabar Unit 29
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 28373301021750002600
  • 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: 698.41
  • Location Tax and Legal Tax Year2: 2012
  • General Property Information Living Area2: 1230.0
  • General Property Information Lot Size Acres: 0.25
  • General Property Information Lot Size Square Feet2: 10890.0
  • 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
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Pool Features In Ground: Yes
  • Pool Features Private: Yes
  • Roof:Shingle: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Flooring Terrazzo: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • General Property Information Lot Size Dimensions: 126 x 85
  • Flooring Concrete: Yes
  • Special Listing Conditions In Foreclosure: Yes
  • Special Features: 1028
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Open Floorplan, Skylight(s), Split Bedrooms
  • Flooring: Concrete, Terrazzo
  • Appliances: Electric Range, Refrigerator, Other
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • ResoLivingAreaSource: PublicRecords
  • Appliances:Electric Range: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Skylight(s): Yes

Exterior Features

  • Pool Features: In Ground, Private
  • Roof: Shingle
  • Acres: 0.25
  • Waterfront: No
  • Construction Type: Frame, Stucco, Wood Siding
  • Direction Faces: South
  • Patio And Porch Features: Porch, Screened
  • Construction Materials:Stucco: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Construction Materials:Frame: Yes
  • Construction Materials:Wood Siding: Yes
  • Construction Materials:Brick2: 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: Cable Available, Electricity Connected, Water Available
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: Stone

Lot Info

  • Lot Dimensions: 126 x 85
  • Lot Size Sq Ft: 10890.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2843926
  • Parcel #: 28373301021750002600
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 698.41

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 16, 2021
Sold by
Lanssens Johnny and Lanssens Patricia
Bought by
John Lanssens Services Llc
Current Estimated Value
$244,882

Purchase Details

Closed on
Aug 18, 2020
Sold by
Lanssens Johnny and Lanssens Patricia A
Bought by
Lanssens Johnny and Lanssens Patricia A

Purchase Details

Closed on
Mar 4, 2020
Sold by
John Lanssens Survias Llc
Bought by
Lanssens Johnny and Lanssens Patricia

Purchase Details

Listed on
Nov 7, 2012
Closed on
May 24, 2013
Sold by
Department Of Housing & Urban Developmen
Bought by
Lanssens Johnny and Lanssens Patricia A
Seller's Agent
Marvin Richardson
Real Est. Plus REO Executives
Buyer's Agent
Marty Piatkowski
Tropic Coast Realty
List Price
$85,000
Sold Price
$58,000
Premium/Discount to List
-$27,000
-31.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.26%

Purchase Details

Closed on
Oct 4, 2012
Sold by
James B Nutter & Company
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Aug 24, 2012
Sold by
Postlewait Kevin Scott and Postlewait Jennifer Beth
Bought by
James B Nutter & Company

Purchase Details

Closed on
Jul 7, 2006
Sold by
Michaels Sean and John G Raymond Trust 518 Picas
Bought by
Postlewait Kevin Scott and Postlewait Jennifer Beth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
9.12%

Purchase Details

Closed on
Jul 8, 2002
Sold by
Raymond John G and Raymond Marie G
Bought by
Michaels Sean

Purchase Details

Closed on
Sep 3, 1997
Sold by
Valkenburg Elliott P and Valkenburg Virginia E
Bought by
Raymond John G and Raymond Marie G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,048
Interest Rate
7.43%
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
John Lanssens Services Llc -- None Available
Lanssens Johnny -- None Available
Lanssens Johnny -- None Available
Lanssens Johnny $58,000 Lawyers Advantage Title Grou
Secretary Of Housing & Urban Development -- New House Title Llc
James B Nutter & Company -- Attorney
Postlewait Kevin Scott $155,000 Fidelity Natl Title Ins Co
Michaels Sean -- --
Raymond John G $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lanssens Patricia A $50,000
Previous Owner Lanssens Johnny $70,000
Previous Owner Postlewait Kevin Scott $182,902
Previous Owner Postlewait Kevin Scott $183,549
Previous Owner Postlewait Kevin Scott $165,000
Previous Owner Raymond John G $84,048
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2013 05/29/13 Sold $58,000 -31.8% $47 / Sq Ft
04/30/2013 04/30/13 Pending -- -- --
11/06/2012 11/06/12 For Sale $85,000 -- $69 / 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 $938 $89,740 -- --
2023 $938 $87,130 $0 $0
2022 $870 $84,600 $0 $0
2021 $868 $82,140 $0 $0
2020 $845 $81,010 $0 $0
2019 $983 $79,190 $0 $0
2018 $959 $77,720 $0 $0
2017 $969 $76,130 $0 $0
2016 $789 $74,570 $6,500 $68,070
2015 $808 $74,060 $6,500 $67,560
2014 $1,611 $67,710 $6,500 $61,210
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2013

    Marvin Richardson

    Real Est. Plus REO Executives

    (321) 794-4217

    4 Total Sales

    Marvin Richardson
    Section Image

  • M

    Buyer's Agent in 2013

    Marty Piatkowski

    Tropic Coast Realty

See All Agents

Map

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

MLS Number: 653585

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-37-33-01-02175.0-0026.00

Florida Brevard County Palm Bay 32907 Port Malabar

518 Picasso Ave NE, Palm Bay, FL

This home is located at 518 Picasso Ave NE, Palm Bay, FL 32907 since 07 November 2012 and is currently estimated at $244,882, approximately $199 per square foot. This property was built in 1979. 518 Picasso Ave NE 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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