NOT LISTED FOR SALE

590 Thor Ave SE Palm Bay, FL 32909

Port Malabar Neighborhood

Estimated Value: $135,982

1.78 Acres
$76,394 Price per Acre
77,537 Sq Ft Lot

Last Sold May 09, 2012

Last sale price $40,000

Est. 240% increase in value since last sale

Current estimated payment $864/month

369 Days on Market

Highlights

  • 1.78 Acre Lot
  • Cul-De-Sac
  • Many Trees
  • No HOA

About This Lot

As of May 2012

Great exposure on I-95 and a great location when growth returns to the Palm Bay area! Easy access to I-95 when you need to travel north or south. Not far from the intersection of Malabar Road and I-95. Located in a neighborhood of both light industrial and multi-family. This parcel is zoned GC, General Commercial. Bank owned, they are ready to sell!

Last Agent to Sell the Property

Michael Corcoran

One Sotheby's International Listed on: 05/03/2011

Last Buyer's Agent

Seyed Vahid Hosseini

M. David Moallem, Inc

Property Details

Property Type

  • Land

Lot Details

  • 1.78 Acre Lot
  • Cul-De-Sac
  • Cleared Lot
  • Many Trees

Schools

  • Port Malabar Elementary School
  • Palm Bay High School

Community Details

  • No Home Owners Association
  • Port Malabar Unit 40 Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 29370326019900001600

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Reso Property Sub Type: Unimproved Land
  • ResoLotFeatures: Cleared, Cul-De-Sac, Many Trees
  • Road Surface Type: Paved
  • ResoSpecialListingConditions: Real Estate Owned
  • Subdivision Name: Port Malabar Unit 40
  • Location Tax and Legal Parcel Number2: 29370326019900001600
  • Location Tax and Legal Elementary School: Port Malabar
  • Location Tax and Legal High School: Palm Bay
  • Location Tax and Legal Tax Annual Amount: 2588.52
  • Location Tax and Legal Tax Year2: 2010
  • General Property Information Lot Size Acres: 1.78
  • General Property Information Waterfront YN: No
  • General Property Information Senior Community YN: No
  • Water Source Public: Yes
  • Utilities Sewer Available: Yes
  • General Property Information Lot Size Dimensions: 0 x 0
  • General Property Information Number Of Lots2: 1.0
  • Special Listing Conditions Real Estate Owned: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 1.78
  • Waterfront: No
  • Lot Features:Cul-De-Sac: Yes
  • Lot Features:Many Trees: Yes
  • Lot Features:Cleared: Yes

Utilities

  • Utilities: Sewer Available, Other
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Number Of Lots: 1
  • Current Use: Commercial
  • Lot Dimensions: 0 x 0
  • Lot Size Sq Ft: 77536.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 29370326019900001600
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2010
  • Tax Annual Amount: 2588.52

MLS Schools

  • Elementary School: Port Malabar
  • High School: Palm Bay

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2011
Closed on
May 7, 2012
Sold by
Land Holding Llc
Bought by
Moallem David and Moallem Joan P
Seller's Agent
Michael Corcoran
One Sotheby's International
Buyer's Agent
Seyed Vahid Hosseini
M. David Moallem, Inc
List Price
$99,000
Sold Price
$40,000
Premium/Discount to List
-$59,000
-59.6%
Current Estimated Value
$135,982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,982

Purchase Details

Closed on
May 5, 2009
Sold by
Whitaker Holdings Inc
Bought by
Capstone Realty Inc

Purchase Details

Closed on
Aug 12, 2005
Sold by
Ghaeenzadeh Mehran and Ghaeenzadeh Gissou
Bought by
Whitaker Holdings Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$329,250
Interest Rate
5.61%
Mortgage Type
Balloon

Purchase Details

Closed on
Jan 13, 1994
Sold by
Ghaeenzadeh Mehran
Bought by
Ghaeenzadeh Mehran and Ghaeenzadeh Gissou
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
Moallem David $40,000 Peninsula Title Services Llc
Capstone Realty Inc -- None Available
Whitaker Holdings Inc $439,000 Founders Title Agency
Ghaeenzadeh Mehran -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Whitaker Holdings Inc $329,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2012 05/09/12 Sold $40,000 -59.6% --
05/01/2012 05/01/12 Pending -- -- --
04/28/2011 04/28/11 For Sale $99,000 -- --
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 $1,539 $77,550 -- --
2023 $1,539 $77,550 $77,550 $0
2022 $1,548 $77,550 $0 $0
2021 $1,640 $77,550 $77,550 $0
2020 $1,633 $77,550 $77,550 $0
2019 $2,058 $77,550 $77,550 $0
2018 $2,023 $77,550 $77,550 $0
2017 $1,956 $27,296 $0 $0
2016 $1,424 $62,040 $62,040 $0
2015 $1,457 $62,040 $62,040 $0
2014 $1,472 $62,040 $62,040 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2012

    Michael Corcoran

    One Sotheby's International

  • S

    Buyer's Agent in 2012

    Seyed Vahid Hosseini

    M. David Moallem, Inc

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Map

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

MLS Number: 595539

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 29-37-03-26-01990.0-0016.00

Florida Brevard County Palm Bay 32909 Port Malabar

590 Thor Ave SE, Palm Bay, FL

This home is located at 590 Thor Ave SE, Palm Bay, FL 32909 since 03 May 2011 and is currently estimated at $135,982. 590 Thor Ave SE is a home located in Brevard County with nearby schools including Port Malabar Elementary School, Stone Magnet Middle School, and Palm Bay Magnet Senior 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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