NOT LISTED FOR SALE

551 Edison St SE Palm Bay, FL 32909

Estimated Value: $51,000 - $56,000

-- Bed
-- Bath
-- Sq Ft
10,454 Sq Ft Lot

Last Sold August 05, 2024

Last sale price $52,500

Est. 1% increase in value since last sale

Current estimated payment $319/month

58 Days on Market

About This Home

As of August 2024

BEAUTIFUL CITY WATER AREA WITH PAVED ROADS AND LOTS OF NEW CONSTRUCTION!
THIS OVERSIZED LOT HAS A CANAL NEXT TO IT AND A LARGE TRACT OF LAND BEHIND IT BOT OF WHICH PROVIDE PRIVACY FROM NEIGHBORS. THE POPULAR BAYSIDE LAKES COMMERCIAL CENTER IS A 6-MINUTE JAUNT TO THE SOUTH FEATURING A PUBLIX, DUNKIN', WALGREENS, TASTY EATERIES, MEDICAL SERVICES, AND OTHER EVERYDAY CONVENIENCES. THE VIBRANT MALABAR ROAD CORRIDOR IS 9 MINUTES TO THE NORTH, PRESENTING A HOST OF BIG-NAME STORES, RESTAURANTS, AND ACCESS TO I-95. AREA SCHOOLS ARE CLOSE BY FOR CONVENIENCE! DRIVE BY AND HAVE A LOOK!

Last Agent to Sell the Property

Cheryl Smith

Cheryl Smith Realty, Inc License #426949 Listed on: 04/19/2024

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

  • $360

Lot Details

  • 10,454 Sq Ft Lot
  • Wooded Lot

Schools

  • Turner Elementary School
  • Southwest Middle School
  • Heritage High School

Farming

  • Drainage Canal

Utilities

  • Septic Tank
  • Sewer Not Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Port Malabar Unit 12 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 29-37-07-Gn-00540.0-0047.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$360

Lot Details

0

Listing Details

  • Property Type: Land
  • Reso Property Sub Type: Unimproved Land
  • ResoLotFeatures: Drainage Canal, Wooded
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Port Malabar Unit 12
  • Location Tax and Legal Parcel Number2: 29-37-07-Gn-00540.0-0047.00
  • Location Tax and Legal Elementary School: Turner
  • Location Tax and Legal Middle School2: Southwest
  • Location Tax and Legal High School: Heritage
  • Location Tax and Legal Tax Annual Amount: 359.75
  • Location Tax and Legal Tax Year2: 2023
  • General Property Information Lot Size Acres: 0.24
  • General Property Information Lot Size Square Feet2: 10454.0
  • General Property Information Waterfront YN: No
  • Utilities Cable Available: Yes
  • Water Source Public: Yes
  • Utilities Water Available: Yes
  • Lot Features Drainage Canal: Yes
  • General Property Information CDD Fee YN: No
  • Utilities Sewer Not Available: Yes
  • Development Status Raw Land: Yes
  • Special Features: None
  • Property Sub Type: Detached

Exterior Features

  • Pool Features: None
  • Acres: 0.24
  • Waterfront: No
  • Lot Features:Wooded: Yes

Utilities

  • Utilities: Cable Available, Sewer Not Available, Water Available
  • Water Source: Public
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • 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: 10454.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 29-37-07-Gn-00540.0-0047.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 359.75

MLS Schools

  • Elementary School: Turner
  • High School: Heritage

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2024
Closed on
Jul 29, 2024
Sold by
Josephs Veronica E and Josephs Shenae S
Bought by
Lgi Homes-Florida Llc
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
$54,000
Sold Price
$52,500
Premium/Discount to List
-$1,500
-2.78%
Views
22
Current Estimated Value
$52,991

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$491
Avg. Annual Appreciation
0.90%

Purchase Details

Closed on
Oct 10, 2003
Sold by
National Lots
Bought by
Josephs Veronica and Josephs Shenae
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Lgi Homes-Florida Llc $52,500 Empower Title
Josephs Veronica $9,900 Landtech Title Services Inc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2024 08/05/24 Sold $52,500 -2.8% --
06/17/2024 06/17/24 Pending -- -- --
04/19/2024 04/19/24 For Sale $54,000 -- --
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
2024 $360 $36,000 -- --
2023 $360 $36,000 $0 $0
2022 $264 $24,500 $0 $0
2021 $225 $17,000 $17,000 $0
2020 $189 $12,500 $12,500 $0
2019 $226 $11,000 $11,000 $0
2018 $203 $8,400 $8,400 $0
2017 $197 $1,750 $0 $0
2016 $124 $5,400 $5,400 $0
2015 $117 $5,000 $5,000 $0
2014 $103 $3,700 $3,700 $0
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 1011397

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 29-37-07-GN-00540.0-0047.00