NOT LISTED FOR SALE

555 Balcom Terrace SE Palm Bay, FL 32909

Estimated Value: $289,675 - $306,000

3 Beds
2 Baths
1,296 Sq Ft
$229/Sq Ft Est. Value

Last Sold June 01, 2022

Last sale price $313,000 $242 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $1,848/month

3 Days on Market

Highlights

  • Corner Lot
  • Screened Porch
  • Eat-In Kitchen
  • No HOA
  • 2 Car Attached Garage
  • 3-minute walk to Patrick Woodard Memorial Park

About This Home

As of June 2022

Adorable home on .36 acres with open split floor plan & vaulted ceilings. Fully remodeled in 2020 with new roof, gutters, front door, garage door & opener, exterior paint, lights & ceiling fans. Gorgeous white kitchen with soft close drawers, granite counters, stainless appliances, walk in pantry, and large 8'X3' island. Both baths fully updated and all flooring is luxury vinyl plank besides one carpeted bedroom and one tiled bath. Brand new water heater 4/22. Patio flat roof re-sealed and flashed 3/22. The 240 sq. ft. screened back porch overlooks the peaceful fenced back yard with fire-pit and super cute outbuilding with growing area behind. Double side gates allow easy access. Comes with a transferable termite bond. Located on a quiet street close to all the Bayside lake amenities.

Last Agent to Sell the Property

Thomas Taranto

Keller Williams Realty Brevard License #3096946 Listed on: 04/20/2022

Keller Williams Realty Brevard

Last Buyer's Agent

Thomas Taranto

Keller Williams Realty Brevard License #3096946 Listed on: 04/20/2022

Keller Williams Realty Brevard

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,303

Year Built

  • Built in 1988

Lot Details

  • 0.36 Acre Lot
  • South Facing Home
  • Corner Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Frame Construction
  • Shingle Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,296 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Family Room
  • Screened Porch

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Outdoor Features

  • Patio

Schools

  • Columbia 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 50 Association
  • Port Malabar Unit 50 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 29-37-18-Jr-02684.0-0018.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,303

Year Built

Built in 1988

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1988
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Corner Lot
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Port Malabar Unit 50
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 29-37-18-Jr-02684.0-0018.00
  • 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: 2303.35
  • Location Tax and Legal Tax Year2: 2021
  • General Property Information Living Area2: 1296.0
  • General Property Information Building Area Total3: 1696.0
  • General Property Information Lot Size Acres: 0.36
  • General Property Information Lot Size Square Feet2: 15682.0
  • 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 Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Levels One: Yes
  • Pets Allowed Yes: Yes
  • Roof:Shingle: Yes
  • Flooring Carpet: Yes
  • Water Source Public: Yes
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • General Property Information Carport YN2: No
  • Room Types Family Room: Yes
  • Flooring Vinyl: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen, Kitchen Island, Primary Bathroom - Tub with Shower, Primary Bathroom -Tub with Separate Shower, Split Bedrooms
  • Flooring: Carpet, Vinyl
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Split Bedrooms: Yes

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Acres: 0.36
  • Waterfront: No
  • Construction Type: Frame, Stucco, Wood Siding
  • Direction Faces: South
  • Patio And Porch Features: Patio, Porch, Screened
  • Construction Materials:Stucco: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Construction Materials:Frame: Yes
  • Construction Materials:Wood Siding: Yes
  • Lot Features:Corner Lot: 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, Electric
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Electric3: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Name: PORT MALABAR UNIT 50
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No
  • General Property Information:Association Name: PORT MALABAR UNIT 50

Schools

  • Middle Or Junior School: Southwest

Lot Info

  • Lot Size Sq Ft: 15682.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2937813
  • Parcel #: 29-37-18-Jr-02684.0-0018.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2303.35

MLS Schools

  • Elementary School: Columbia
  • High School: Bayside

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2022
Closed on
Jun 1, 2022
Sold by
Samuel Weaver Ian and Samuel Louise Coral
Bought by
Rocks William James and Rocks Barbara Ellen
Seller's Agent
Thomas Taranto
Keller Williams Realty Brevard
Buyer's Agent
Thomas Taranto
Keller Williams Realty Brevard
List Price
$295,000
Sold Price
$313,000
Premium/Discount to List
$18,000
6.1%
Current Estimated Value
$297,419

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,581
Avg. Annual Appreciation
-1.49%

Purchase Details

Listed on
Jul 7, 2020
Closed on
Aug 5, 2020
Sold by
Carroccio Fred and Carroccio Sharon
Bought by
Weaver Ian Samuel and Weaver Coral Louise
Seller's Agent
Misty Morrison
RE/MAX Alternative Realty
Buyer's Agent
Thomas Taranto
Keller Williams Realty Brevard
List Price
$208,000
Sold Price
$202,000
Premium/Discount to List
-$6,000
-2.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.20%
Original Mortgage
$194,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 1, 2019
Closed on
Oct 31, 2019
Sold by
Narsh David M and Narsh David
Bought by
Carroccio Fred and Carroccio Sharon
Seller's Agent
Jacquelyn Canniff
CENTURY 21 Baytree Realty
Buyer's Agent
Misty Morrison
Misty Morrison Real Estate
List Price
$137,000
Sold Price
$144,500
Premium/Discount to List
$7,500
5.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
55.39%
Original Mortgage
$141,882
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 13, 2018
Sold by
Hare Regina A O and Kathleen Mcgraime Revocable Li
Bought by
Narsh David M

Purchase Details

Closed on
May 9, 2017
Sold by
Delys35 Llc
Bought by
Kathleen Mcgraime Revocab Le Living Tr and Ohare Regina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
4.02%

Purchase Details

Closed on
Sep 16, 2016
Sold by
Narsh David M and Mcgraine Kathleen
Bought by
Mcgraime Kathleen and The Kathleenj Mcgraime Revocab

Purchase Details

Listed on
May 20, 2011
Closed on
Sep 10, 2012
Sold by
Zuzio Joseph and Zuzio Gertrud A
Bought by
Narsh David and Mc Graime Kathleen
Seller's Agent
Jim Taranto
Taranto Realty Team, LLC
List Price
$72,000
Sold Price
$62,000
Premium/Discount to List
-$10,000
-13.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.69%
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
Rocks William James $313,000 Foundation Title & Settlement
Weaver Ian Samuel $202,000 State Title Partners Llp
Carroccio Fred $144,500 Prestige Ttl Of Brevard Llc
Narsh David M -- Attorney
Kathleen Mcgraime Revocab Le Living Tr $100 --
Mcgraime Kathleen -- None Available
Narsh David $62,000 Alliance Title Insurance Age
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Weaver Ian Samuel $194,000
Previous Owner Carroccio Fred $141,882
Previous Owner Kathleen Mcgraime Revocab Le Living Tr --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/01/2022 06/01/22 Sold $313,000 +6.1% $242 / Sq Ft
04/24/2022 04/24/22 Pending -- -- --
04/20/2022 04/20/22 For Sale $295,000 +46.0% $228 / Sq Ft
08/07/2020 08/07/20 Sold $202,000 -2.9% $156 / Sq Ft View Prior Sale
07/08/2020 07/08/20 Pending -- -- --
07/07/2020 07/07/20 For Sale $208,000 +43.9% $160 / Sq Ft
11/04/2019 11/04/19 Sold $144,500 +5.5% $111 / Sq Ft View Prior Sale
10/03/2019 10/03/19 Pending -- -- --
10/01/2019 10/01/19 For Sale $137,000 +121.0% $106 / Sq Ft
09/10/2012 09/10/12 Sold $62,000 -13.9% $48 / Sq Ft View Prior Sale
08/06/2012 08/06/12 Pending -- -- --
05/20/2011 05/20/11 For Sale $72,000 -- $56 / 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 $3,306 $218,630 -- --
2024 $3,472 $217,510 -- --
2023 $3,472 $224,180 $34,500 $189,680
2022 $2,257 $158,880 $0 $0
2021 $2,303 $154,260 $18,500 $135,760
2020 $1,640 $121,090 $0 $0
2019 $2,755 $122,630 $18,000 $104,630
2018 $2,137 $107,690 $14,000 $93,690
2017 $1,990 $91,160 $12,500 $78,660
2016 $1,707 $83,420 $9,000 $74,420
2015 $1,597 $64,950 $7,000 $57,950
2014 $1,436 $59,050 $7,000 $52,050
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 931698

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 29-37-18-JR-02684.0-0018.00