NOT LISTED FOR SALE

583 Collings St SE Palm Bay, FL 32909

Estimated Value: $306,555 - $347,000

-- Bed
-- Bath
-- Sq Ft
10,019 Sq Ft Lot

Last Sold October 23, 2020

Last sale price $19,000

Est. 1,601% increase in value since last sale

Current estimated payment $2,175/month

13 Days on Market

About This Home

As of October 2020

0.23 acre buildable single family residential lot available in Port Malabar Unit #12 of Palm Bay. Located in the southeast section, this lot has City Water available and a drainage canal in the rear allowing more privacy, and is just 1.2 miles - 3 minutes to Turner Elementary School, 2.6 miles - 6 minutes to the Walmart Supercenter, 10.9 miles to Melbourne Airport, and 15.5 miles - 28 minutes to the beaches of Indialantic. From exit #176 of I-95 go west on Palm Bay Road NE for .7 miles, left on Minton Road for 2.5 miles, left on Malabar Road SE for .6 miles, right on Eldron Boulevard for 1.6 miles, and left on Collings Street. The lot will be on your left.

Last Agent to Sell the Property

Phil Rotondo

Coldwell Banker Realty License #3055546 Listed on: 08/25/2020

Coldwell Banker Realty

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

  • $225

Lot Details

  • 10,019 Sq Ft Lot
  • Wooded Lot
  • Many Trees

Schools

  • Turner Elementary School
  • Southwest Middle School
  • Bayside High School

Additional Features

  • Drainage Canal
  • 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-00534.0-0022.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$225

Lot Details

0

Listing Details

  • Property Type: Land
  • Reso Property Sub Type: Unimproved Land
  • ResoLotFeatures: Drainage Canal, Many Trees, Wooded
  • Road Surface Type: Paved
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Port Malabar Unit 12
  • Location Tax and Legal Parcel Number2: 29-37-07-Gn-00534.0-0022.00
  • Location Tax and Legal Elementary School: Turner
  • Location Tax and Legal Middle School2: Southwest
  • Location Tax and Legal High School: Bayside
  • Location Tax and Legal Tax Annual Amount: 224.57
  • Location Tax and Legal Tax Year2: 2020
  • General Property Information Lot Size Acres: 0.23
  • General Property Information Lot Size Square Feet2: 10019.0
  • General Property Information Waterfront YN: No
  • General Property Information Senior Community YN: No
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Utilities Water Available: Yes
  • General Property Information Lot Size Dimensions: Eighty Feet by One Hundred Twenty Five Feet
  • General Property Information Number Of Lots2: 1.0
  • Lot Features Drainage Canal: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Exterior Features

  • Acres: 0.23
  • Waterfront: No
  • Lot Features:Wooded: Yes
  • Lot Features:Many Trees: Yes

Utilities

  • Utilities: Cable Available, Electricity Connected, Water Available

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: 1
  • Current Use: Residential, Single Family
  • Lot Dimensions: Eighty Feet by One Hundred Twenty Five Feet
  • Lot Size Sq Ft: 10019.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 29-37-07-Gn-00534.0-0022.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 224.57

MLS Schools

  • Elementary School: Turner
  • High School: Bayside

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 22, 2022
Sold by
Rh Asset Holdings Llc
Bought by
One Third Land Rental Llc
Current Estimated Value
$323,282

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,877,500
Outstanding Balance
$13,394,457
Interest Rate
5.55%
Mortgage Type
New Conventional
Estimated Equity
-$13,069,864

Purchase Details

Listed on
Aug 25, 2020
Closed on
Oct 16, 2020
Sold by
Perera Surenda
Bought by
Rh Asset Holdings Llc
Seller's Agent
Phil Rotondo
Coldwell Banker Realty
Buyer's Agent
Non-Member Non-Member Out Of Area
Non-MLS or Out of Area
List Price
$20,900
Sold Price
$19,000
Premium/Discount to List
-$1,900
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
80.63%

Purchase Details

Closed on
Jul 14, 2005
Sold by
Velkas Mitchell P and Montalvo Velkas Jennie A
Bought by
Perera Surendra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,100
Interest Rate
5.46%

Purchase Details

Closed on
Mar 30, 1995
Sold by
Atlantic Gulf Com Corp
Bought by
Montalvovelkas Jennie A and Velkas Mitchell P
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
One Third Land Rental Llc -- --
Rh Asset Holdings Llc $19,000 Baldwin Park Title Llc
Perera Surendra $49,000 State Title
Montalvovelkas Jennie A $11,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open One Third Land Rental Llc $13,877,500
Previous Owner Perera Surendra $44,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2020 10/23/20 Sold $19,000 -9.1% --
09/08/2020 09/08/20 Pending -- -- --
08/25/2020 08/25/20 For Sale $20,900 -- --
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 $4,861 $257,960 $36,000 $221,960
2022 $468 $24,500 $0 $0
2021 $363 $17,000 $17,000 $0
2020 $189 $12,500 $12,500 $0
2019 $225 $11,000 $11,000 $0
2018 $202 $8,400 $8,400 $0
2017 $195 $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: 883712

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 29-37-07-GN-00534.0-0022.00