NOT LISTED FOR SALE

575 Balcom Terrace SE Palm Bay, FL 32909

Estimated Value: $371,000 - $430,000

3 Beds
2.5 Baths
2,395 Sq Ft
$163/Sq Ft Est. Value

Last Sold July 20, 2020

Last sale price $255,000 $106 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $2,449/month

104 Days on Market

Highlights

  • No HOA
  • 2 Car Attached Garage
  • Kitchen Island
  • Fireplace
  • Tile Flooring
  • 2-minute walk to Patrick Woodard Memorial Park

About This Home

As of July 2020

This Property Is Ready For Its New Family, Three Bedroom Two and One Half Bathrooms With A Loft Area. Living, Dining, Kitchen And Family Room Are Ceramic Tile. Large Kitchen Area With Lots Of Cabinets And Center Island. Upstairs The Loft Has Dark Wood Laminate And The Bedrooms all Have Carpet. The Master Bedroom Has Soaking Tub And Separate Stand Alone Shower. Out Back There Is A Large Covered Lanai Overlooking The Pool. Make Your Appointment To See This One Today. Welcome Home

Last Agent to Sell the Property

Frederick Minter

ResiHome, LLC License #3271739 Listed on: 01/25/2020

ResiHome, LLC

Last Buyer's Agent

Connie Trincali

RE/MAX Elite License #449431

RE/MAX Elite

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,670

Year Built

  • Built in 2003

Lot Details

  • 10,019

Parking

  • 2 Car Attached Garage

Home Design

  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,395 Sq Ft Home
  • 2-Story Property
  • Fireplace

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan

Schools

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

Additional Features

  • 10,019 Sq Ft Lot
  • 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-02684.0-0014.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,670

Year Built

Built in 2003

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2003
  • Reso Property Sub Type: Single Family Residence
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Port Malabar Unit 50
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 29-37-18-Jr-02684.0-0014.00
  • 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 Year2: 2019
  • General Property Information Living Area2: 2395.0
  • General Property Information Building Area Total3: 2955.0
  • 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: Southwest
  • Appliances Microwave: Yes
  • Flooring Laminate: Yes
  • Flooring Tile: Yes
  • Roof:Shingle: Yes
  • Flooring Carpet: Yes
  • Levels Two: Yes
  • General Property Information Carport YN2: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Kitchen Island, Split Bedrooms
  • Flooring: Carpet, Laminate, Tile
  • Appliances: Dishwasher, Electric Range, Microwave
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Other
  • Total Bedrooms: 8
  • ResoLivingAreaSource: PublicRecords
  • General Property Information Bathrooms Half: 1
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Split Bedrooms: Yes

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Acres: 0.23
  • Waterfront: No
  • Construction Type: Stucco
  • Direction Faces: Southwest
  • Construction Materials:Stucco: Yes

Garage/Parking

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

Utilities

  • 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: 10019.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2937809
  • Parcel #: 29-37-18-Jr-02684.0-0014.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2019

MLS Schools

  • Elementary School: Columbia
  • High School: Bayside

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2020
Closed on
Jul 20, 2020
Sold by
Us Bank Trust Na
Bought by
Jones Lymuel and Ramos Yelena
Seller's Agent
Frederick Minter
ResiHome, LLC
Buyer's Agent
Connie Trincali
RE/MAX Elite
List Price
$287,000
Sold Price
$255,000
Premium/Discount to List
-$32,000
-11.15%
Current Estimated Value
$389,684

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,684
Avg. Annual Appreciation
8.40%
Original Mortgage
$250,381
Outstanding Balance
$222,433
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$167,251

Purchase Details

Closed on
Aug 13, 2019
Sold by
Barnett Richard A
Bought by
Us Bank Trust Na

Purchase Details

Closed on
Dec 13, 2018
Sold by
Barnett Richard A
Bought by
Barnett Caroline D

Purchase Details

Closed on
Oct 15, 2012
Sold by
Barnett Richard A and Barnett Marcia Jill
Bought by
Barnett Richard A

Purchase Details

Closed on
Dec 14, 2007
Sold by
Cram Paul A and Cram Lisa A
Bought by
Barnett Richard A and Barnett Marcia Jill

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 10, 2003
Sold by
Maronda Homes Inc
Bought by
Cram Paul A and Cram Lisa A

Purchase Details

Closed on
Mar 4, 2003
Sold by
Mair Devan C
Bought by
Maronda Homes Inc Fl

Purchase Details

Closed on
Nov 29, 2000
Sold by
Nationsbank Fl N A
Bought by
Mair Devan C
Source: Public Records

Range of Values:

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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
Jones Lymuel $255,000 Traditions T&E Llc
Us Bank Trust Na -- None Available
Barnett Caroline D -- None Available
Barnett Richard A $81,900 Attorney
Barnett Richard A $225,000 State Title Partners Llp
Cram Paul A $149,600 Adnoram Title Company Inc
Maronda Homes Inc Fl $14,000 --
Mair Devan C $15,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Lymuel $250,381
Previous Owner Barnett Richard A $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/20/2020 07/20/20 Sold $255,000 -5.6% $106 / Sq Ft
05/08/2020 05/08/20 Pending -- -- --
05/06/2020 05/06/20 Price Changed $270,000 -3.0% $113 / Sq Ft
02/27/2020 02/27/20 Price Changed $278,400 -3.0% $116 / Sq Ft
01/25/2020 01/25/20 For Sale $287,000 -- $120 / 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 $4,670 $300,760 -- --
2024 $4,574 $292,290 -- --
2023 $4,574 $283,780 $0 $0
2022 $4,434 $275,520 $0 $0
2021 $4,575 $225,710 $18,500 $207,210
2020 $4,277 $211,460 $18,000 $193,460
2015 $1,249 $108,590 $7,000 $101,590
2014 $1,247 $107,730 $7,000 $100,730
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2020

    Frederick Minter

    ResiHome, LLC

    (407) 970-7038

    5 Total Sales

    Frederick Minter
    Section Image
  • Connie Trincali

    Buyer's Agent in 2020

    Connie Trincali

    RE/MAX

    (321) 544-0055

    55 Total Sales

    Connie Trincali
    Section Image
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Map

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

MLS Number: 866218

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 29-37-18-JR-02684.0-0014.00

Florida Brevard County Palm Bay 32909

575 Balcom Terrace SE, Palm Bay, FL

This home is located at 575 Balcom Terrace SE, Palm Bay, FL 32909 since 25 January 2020 and is currently estimated at $389,684, approximately $162 per square foot. This property was built in 2003. 575 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.

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