NOT LISTED FOR SALE

531 & 539 Balcom Terrace SE Palm Bay, FL 32909

Estimated Value: $485,000 - $497,000

-- Bed
-- Bath
-- Sq Ft
0.54 Acres

Last Sold November 12, 2019

Last sale price $45,000

Est. 989% increase in value since last sale

Current estimated payment $3,062/month

27 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • 4-minute walk to Patrick Woodard Memorial Park

About This Home

As of November 2019

VACANT LAND = Build your New Home on 2 large lots in a Desirable Area = Min. Sq. Ft. of living area for home is 1200 Sq. Ft. = Close to Shopping, Schools, Golf Course and Only 20 Minutes from Beautiful Beaches on the Atlantic Ocean and 10 Minutes from the Indian River. (Intercoastal Waterway) Only one hour from Disney World, Sea World, Universal Studios and 45 Minutes from Kennedy Space Center.

Last Agent to Sell the Property

Jerry Ogburn

Coldwell Banker Paradise License #595474 Listed on: 08/24/2019

Coldwell Banker Paradise

Last Buyer's Agent

Cheryl Smith

Cheryl Smith Realty, Inc License #426949

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $604

Lot Details

  • 0.54 Acre Lot
  • Lot Dimensions are 176' x 125'
  • Corner Lot
  • 2 Lots in the community

Schools

  • Columbia Elementary School
  • Southwest Middle School
  • Bayside High School

Utilities

  • Septic Tank

Community Details

  • No Home Owners Association
  • Port Malabar Unit 50 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 29-37-18-Jr-02683.0-0011.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$604

Lot Details

0

Listing Details

  • Property Type: Land
  • Reso Property Sub Type: Unimproved Land
  • ResoLotFeatures: Corner Lot
  • Road Surface Type: Paved
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Port Malabar Unit 50
  • Location Tax and Legal Parcel Number2: 29-37-18-Jr-02683.0-0011.00
  • Location Tax and Legal Elementary School: Columbia
  • Location Tax and Legal Middle School2: Southwest
  • Location Tax and Legal High School: Bayside
  • Location Tax and Legal Tax Annual Amount: 604.0
  • Location Tax and Legal Tax Year2: 2018
  • General Property Information Lot Size Acres: 0.54
  • General Property Information Lot Size Square Feet2: 23522.0
  • General Property Information Waterfront YN: No
  • General Property Information Senior Community YN: No
  • Utilities Water Available: Yes
  • General Property Information Lot Size Dimensions: 176' x 125'
  • General Property Information Number Of Lots2: 2.0
  • Special Features: None
  • Property Sub Type: Detached

Exterior Features

  • Acres: 0.54
  • Waterfront: No
  • Lot Features:Corner Lot: Yes

Utilities

  • Utilities: Water Available
  • 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

  • Number Of Lots: 2
  • Current Use: Residential, Single Family
  • Lot Dimensions: 176' x 125'
  • Lot Size Sq Ft: 23522.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 29-37-18-Jr-02683.0-0011.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 604.0

MLS Schools

  • Elementary School: Columbia
  • High School: Bayside

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 5, 2025
Sold by
Martinez Christian M Borrero and Morales-Acevedo Liz J
Bought by
R & A Loan Services Llc
Current Estimated Value
$490,091

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Outstanding Balance
$340,000
Interest Rate
6.72%
Mortgage Type
Balloon
Estimated Equity
$150,091

Purchase Details

Closed on
Aug 12, 2020
Sold by
Vintage Estate Homes Llc
Bought by
Martinez Christian M Borrero and Morales Acevedo Liz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,747
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Listed on
Aug 24, 2019
Closed on
Nov 11, 2019
Sold by
Dagrossa Samuel and Dagrossa Darrin
Bought by
Vintafe Estate Homes Llc
Seller's Agent
Jerry Ogburn
Coldwell Banker Paradise
Buyer's Agent
Cheryl Smith
Cheryl Smith Realty, Inc
List Price
$50,000
Sold Price
$45,000
Premium/Discount to List
-$5,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
49.38%

Purchase Details

Listed on
Aug 24, 2019
Closed on
Nov 8, 2019
Sold by
Dagrossa Msria E
Bought by
Vintage Estate Homes Llc
Seller's Agent
Jerry Ogburn
Coldwell Banker Paradise
Buyer's Agent
Cheryl Smith
Cheryl Smith Realty, Inc
List Price
$50,000
Sold Price
$45,000
Premium/Discount to List
-$5,000
-10%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
R & A Loan Services Llc $465,000 Celebration Title
Martinez Christian M Borrero $290,000 Attorney
Vintafe Estate Homes Llc $45,000 Peninsula Title Services Llc
Vintage Estate Homes Llc -- Peninsula Title Services Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open R & A Loan Services Llc $340,000
Previous Owner Martinez Christian M Borrero $284,747
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/12/2019 11/12/19 Sold $45,000 -10.0% --
09/21/2019 09/21/19 Pending -- -- --
08/24/2019 08/24/19 For Sale $50,000 -- --
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
2025 $5,656 $356,470 -- --
2024 $3,986 $346,430 -- --
2023 $3,986 $251,990 $0 $0
2022 $3,858 $244,660 $0 $0
2021 $3,961 $237,540 $0 $0
2020 $439 $18,000 $18,000 $0
2019 $338 $18,000 $18,000 $0
2018 $302 $14,000 $14,000 $0
2017 $293 $3,125 $0 $0
2016 $197 $9,000 $9,000 $0
2015 $175 $7,000 $7,000 $0
2014 $178 $7,000 $7,000 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2019

    Jerry Ogburn

    Coldwell Banker Paradise

    (321) 222-9449

    55 Total Sales

    Jerry Ogburn
    Section Image

  • C

    Buyer's Agent in 2019

    Cheryl Smith

    Cheryl Smith Realty, Inc

    (321) 544-8449

    1,418 Total Sales

    Cheryl Smith
    Section Image
See All Agents

Map

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

MLS Number: 854104

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 29-37-18-JR-02683.0-0010.00

Florida Brevard County Palm Bay 32909

531 & 539 Balcom Terrace SE, Palm Bay, FL

This home is located at 531 & 539 Balcom Terrace SE, Palm Bay, FL 32909 since 24 August 2019 and is currently estimated at $490,091. 531 & 539 Balcom Terrace SE is a home located in Brevard County with nearby schools including Columbia 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.

Nearby Homes