NOT LISTED FOR SALE

525 Chippewa Ave NE Palm Bay, FL 32907

Estimated Value: $357,000 - $440,000

3 Beds
2 Baths
1,890 Sq Ft
$212/Sq Ft Est. Value

Last Sold April 30, 2024

Last sale price $425,000 $225 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $2,448/month

25 Days on Market

Highlights

  • In Ground Pool
  • View of Trees or Woods
  • No HOA
  • RV Access or Parking
  • Vaulted Ceiling
  • Screened Porch

About This Home

As of April 2024

Custom Built Sparkling Pool Home On Spacious .615 Acre Lot. Kitchen Features Custom Cabinets, Granite Counters & SS Appliances. Kitchen Opens To Eat In Area & Family Room Overlooking Pool & Private Back Yard. Split Floor Plan For Convenience. Relax On Your Lanai w/ Cedar Paneled Ceiling & Surround Sound Speakers Overlooking Your Salt Water Pool & Heated Spa. Plenty of Parking For Your RV or Boat On This Oversized Lot. Extras Include 10' Vaulted Ceilings, Aqualink Pool Wireless Controller, Bahama Shutters, Gutters, Hurricane Shutters, MyQ Smart Garage. Down Light Bluetooth Lanai Speakers, Sprinkler System w/ Well, & City Water. Excellent Location Off Of Americ0ana East of Minton!

Last Agent to Sell the Property

Kristin Lindbaek

RE/MAX Elite Listed on: 02/29/2024

Last Buyer's Agent

Jessica McBride

EXP Realty LLC License #3513373

EXP Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,176

Year Built

  • Built in 1996

Lot Details

  • 0.62 Acre Lot
  • West Facing Home
  • Wrought Iron Fence
  • Front and Back Yard Sprinklers

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • RV Access or Parking

Property Views

  • Woods
  • Pool

Home Design

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

Interior Spaces

  • 1,890 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Screened Porch
  • Laundry in unit

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Dual Closets
  • 2 Full Bathrooms

Home Security

  • Security System Owned
  • Hurricane or Storm Shutters

Pool

  • In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Saltwater Pool
  • Waterfall Pool Feature
  • Screen Enclosure

Outdoor Features

  • Patio

Schools

  • Mcauliffe Elementary School
  • Southwest Middle School
  • Palm Bay High School

Utilities

  • Central Heating and Cooling System
  • Well
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,176

Year Built

Built in 1996

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1996
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: In Unit
  • ResoLotFeatures: Sprinklers In Front, Sprinklers In Rear
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Reso View: Pool, Trees/Woods
  • ResoSecurityFeatures: Security System Owned
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: None
  • Architectural Style: Other
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Elementary School: McAuliffe
  • Location Tax and Legal Middle School2: Southwest
  • Location Tax and Legal High School: Palm Bay
  • General Property Information Living Area2: 1890.0
  • General Property Information Lot Size Acres: 0.616
  • General Property Information Lot Size Square Feet2: 26832.96
  • 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: West
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Fencing Fenced2: Yes
  • Flooring Laminate: Yes
  • Flooring Tile: Yes
  • General Property Information Community Fee(s) YN: No
  • Levels One: Yes
  • Pool Features In Ground: Yes
  • Road Surface Type Asphalt: Yes
  • Roof:Shingle: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • View Pool: Yes
  • Flooring Carpet: Yes
  • Water Source Well: Yes
  • Water Source Public: Yes
  • Spa Features In Ground2: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • Room Types Dining Room: Yes
  • Interior Features Breakfast Nook: Yes
  • Pool Features Screen Enclosure: Yes
  • Security Features Security System Owned: Yes
  • Room Types Living Room: Yes
  • Pool Features Waterfall: Yes
  • Fencing Wrought Iron: Yes
  • View TreesWoods: Yes
  • Pool Features Salt Water: Yes
  • Utilities Electricity Available: Yes
  • Room Types Bedroom 2 Level: Main
  • Room Types Bedroom 3 Level: Main
  • General Property Information CDD Fee YN: No
  • Spa Features Heated2: Yes
  • Room Types Primary Bedroom Level: Main
  • General Property Information Stories2: 1
  • Spa Features Private2: Yes
  • General Property Information:Pool Private YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Breakfast Bar, Breakfast Nook, Ceiling Fan(s), His and Hers Closets, Pantry, Primary Downstairs, Split Bedrooms, Vaulted Ceiling(s)
  • Flooring: Carpet, Laminate, Tile
  • Spa Features: Heated, In Ground, Private
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Total Bedrooms: 7
  • Stories: 1
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Interior Features:Primary Downstairs: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:His and Hers Closets: Yes
  • Laundry Features:In Unit: Yes

Exterior Features

  • Exterior Features: Storm Shutters
  • Pool Features: In Ground, Salt Water, Screen Enclosure, Waterfall
  • Roof: Shingle
  • Fencing: Fenced, Wrought Iron
  • Acres: 0.62
  • Pool Private: Yes
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: West
  • 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
  • Exterior Features:Storm Shutters: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Lot Features:Sprinklers In Rear: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, Garage Door Opener, RV Access/Parking
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:RV AccessParking: Yes

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Cable Available, Electricity Available, Electricity Connected, Water Available
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public, Well
  • 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: Residential, Single Family
  • Lot Size Sq Ft: 26832.96
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 7525858

Rental Info

  • Furnished: Unfurnished

MLS Schools

  • Elementary School: McAuliffe
  • High School: Palm Bay

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 29, 2024
Closed on
Apr 25, 2024
Sold by
Sterner Patrick and Sterner Charlene
Bought by
Wells Michael
Seller's Agent
Kristin Lindbaek
RE/MAX Elite
Buyer's Agent
Jessica McBride
EXP Realty LLC
List Price
$459,900
Sold Price
$425,000
Premium/Discount to List
-$34,900
-7.59%
Views
37
Current Estimated Value
$400,426

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$24,574
Avg. Annual Appreciation
-3.89%
Original Mortgage
$224,995
Outstanding Balance
$221,804
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
$178,622
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
Wells Michael $425,000 State Title Partners
Wells Michael $425,000 State Title Partners
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wells Michael $224,995
Closed Wells Michael $224,995
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/30/2024 04/30/24 Sold $425,000 -7.6% $225 / Sq Ft
03/26/2024 03/26/24 Pending -- -- --
02/29/2024 02/29/24 For Sale $459,900 +44.6% $243 / Sq Ft
11/12/2019 11/12/19 Sold $318,000 -2.2% $168 / Sq Ft View Prior Sale
09/25/2019 09/25/19 Pending -- -- --
09/19/2019 09/19/19 For Sale $325,000 -- $172 / 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 $4,176 $349,230 -- --
2024 -- $270,230 -- --
2023 -- $348,350 -- --
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 1006167

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-37-31-FR-00177.0-0015.00