NOT LISTED FOR SALE

542 Olney St SW Palm Bay, FL 32908

Southwest Palm Bay Neighborhood

Estimated Value: $368,170 - $391,000

4 Beds
2 Baths
2,153 Sq Ft
$175/Sq Ft Est. Value

Last Sold January 24, 2022

Last sale price $358,000 $166 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,311/month

2 Days on Market

Highlights

  • Open Floorplan
  • No HOA
  • Hurricane or Storm Shutters
  • Vaulted Ceiling
  • Home Office
  • Porch

About This Home

As of January 2022

MULTIPLE OFFERS RECEIVED ALL OFFERS WILL BE REVIEWED TUESDAY AT 5 PM

Here is a great opportunity to own an Almost Brand New Spacious 4/2 plus and office/flex space. Open floor plan with cathedral ceilings. City water, hurricane shutters, back porch, and much more. No HOA and lots of new homes in the area. Close to schools and Bayside shopping.

Last Agent to Sell the Property

Kim Wilson

Waterman Real Estate, Inc. License #3282957 Listed on: 01/01/2022

Waterman Real Estate, Inc.

Last Buyer's Agent

Non-Member Non-Member Out Of Area

Non-MLS or Out of Area License #nonmls

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $386

Year Built

  • Built in 2020

Lot Details

  • 10,019 Sq Ft Lot
  • North Facing Home

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,153 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Family Room
  • Dining Room
  • Home Office
  • Library
  • Hurricane or Storm Shutters

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Port Malabar Unit 31 Association
  • Port Malabar Unit 31 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 29-36-25-Jp-01507.0-0008.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$386

Year Built

Built in 2020

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2020
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • 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-01507.0-0008.00
  • 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 Annual Amount: 386.24
  • Location Tax and Legal Tax Year2: 2020
  • General Property Information Living Area2: 2153.0
  • General Property Information Building Area Total3: 2573.0
  • 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
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Levels One: Yes
  • Pets Allowed Yes: Yes
  • Roof:Shingle: Yes
  • Flooring Carpet: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • Room Types Dining Room: Yes
  • Room Types Family Room: Yes
  • Room Types Laundry: Yes
  • Room Types Library: Yes
  • Room Types Office: Yes
  • Flooring Vinyl: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen, Open Floorplan, Pantry, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
  • Flooring: Carpet, Vinyl
  • Appliances: Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • ResoLivingAreaSource: Other
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:Walk-In Closet(s): Yes

Exterior Features

  • Exterior Features: Storm Shutters
  • Pool Features: None
  • Roof: Shingle
  • Acres: 0.23
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: North
  • Patio And Porch Features: Porch
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio and Porch Features:Porch: Yes
  • Exterior Features:Storm Shutters: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Name: PORT MALABAR UNIT 31
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No
  • General Property Information:Association Name: PORT MALABAR UNIT 31

Schools

  • Middle Or Junior School: Southwest

Lot Info

  • Lot Size Sq Ft: 10019.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2913146
  • Parcel #: 29-36-25-Jp-01507.0-0008.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 386.24

MLS Schools

  • Elementary School: Westside
  • High School: Bayside

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 1, 2022
Closed on
Jan 24, 2022
Sold by
Lee Wright Jennis and Lee Ada Aileen
Bought by
Kudirka Ross Gordon
Seller's Agent
Kim Wilson
Waterman Real Estate, Inc.
Buyer's Agent
Non-Member Non-Member Out Of Area
Non-MLS or Out of Area
List Price
$349,900
Sold Price
$358,000
Premium/Discount to List
$8,100
2.31%
Total Days on Market
2
Current Estimated Value
$381,754

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,754
Avg. Annual Appreciation
1.66%
Original Mortgage
$208,000
Outstanding Balance
$193,645
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$186,078

Purchase Details

Closed on
Nov 12, 2020
Sold by
Adams Homes Of Northwest Florida Inc
Bought by
Wright Jennis Lee and Wright Aileen Ada

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,668
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 2, 2017
Closed on
Jan 11, 2018
Sold by
Jones Kadri
Bought by
Adams Homes Of Nw Florida Inc
Seller's Agent
Cheryl Smith
Cheryl Smith Realty, Inc
Buyer's Agent
Non-Member Non-Member Out Of Area
Non-MLS or Out of Area
List Price
$12,900
Sold Price
$10,000
Premium/Discount to List
-$2,900
-22.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
61.57%

Purchase Details

Closed on
May 8, 2015
Sold by
Bucci Realty Inc
Bought by
Jones Kadiri

Purchase Details

Closed on
Mar 20, 2015
Sold by
Csbt Enterprises Group Inc
Bought by
Bucci Realty Inc

Purchase Details

Closed on
Sep 25, 2012
Sold by
Faruqui Sabina S
Bought by
Bank Of America Na

Purchase Details

Closed on
May 12, 2005
Sold by
Yardley Charles Serge and Yardley Charles
Bought by
Faruqui Sabina S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
6.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 25, 2004
Sold by
Mjm Investment Group Inc
Bought by
Yardley Charles Serge and Yardley Charles
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
Kudirka Ross Gordon $358,000 None Listed On Document
Wright Jennis Lee $250,200 Mosley & Wallis Ttl Svcs Inc
Adams Homes Of Nw Florida Inc $10,000 Attorney
Jones Kadiri $11,000 Prestige Title Brevard Llc
Bucci Realty Inc $6,000 Prestige Title Brevard Llc
Bank Of America Na $2,300 None Available
Faruqui Sabina S $110,000 Security First Title Partner
Yardley Charles Serge $39,500 Security First Title Partner
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kudirka Ross Gordon $208,000
Previous Owner Wright Jennis Lee $245,668
Previous Owner Faruqui Sabina S $99,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2022 01/24/22 Sold $358,000 +2.3% $166 / Sq Ft
01/04/2022 01/04/22 Pending -- -- --
01/01/2022 01/01/22 For Sale $349,900 +3399.0% $163 / Sq Ft
01/24/2018 01/24/18 Sold $10,000 -22.5% --
11/20/2017 11/20/17 Pending -- -- --
11/01/2017 11/01/17 For Sale $12,900 -- --
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
2023 $2,772 $186,340 $0 $0
2022 $3,349 $217,410 $0 $0
2021 $3,702 $211,080 $10,000 $201,080
2020 $441 $7,500 $7,500 $0
2019 $494 $7,500 $7,500 $0
2018 $458 $6,400 $6,400 $0
2017 $450 $1,250 $0 $0
2016 $386 $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

  • Kim Wilson

    Seller's Agent in 2022

    Kim Wilson

    Waterman Real Estate, Inc.

    (321) 863-8027

    1 in this area

    55 Total Sales

    Section Image

  • N

    Buyer's Agent in 2022

    Non-Member Non-Member Out Of Area

    Non-MLS or Out of Area

  • C

    Seller's Agent in 2018

    Cheryl Smith

    Cheryl Smith Realty, Inc

    (321) 544-8449

    561 in this area

    1,497 Total Sales

    Section Image
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Map

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

MLS Number: 923192

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 29-36-25-JP-01507.0-0008.00

Florida Brevard County Palm Bay 32908 Southwest Palm Bay

542 Olney St SW, Palm Bay, FL

This home is located at 542 Olney St SW, Palm Bay, FL 32908 since 01 January 2022 and is currently estimated at $376,293, approximately $174 per square foot. This property was built in 2020. 542 Olney St SW 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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