NOT LISTED FOR SALE

731 Raleigh Rd SE Palm Bay, FL 32909

Estimated Value: $317,474 - $331,000

3 Beds
2 Baths
1,607 Sq Ft
$200/Sq Ft Est. Value

Last Sold February 13, 2019

Last sale price $182,000 $113 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $1,931/month

29 Days on Market

Highlights

  • In Ground Pool
  • Vaulted Ceiling
  • Screened Porch
  • Canal View
  • No HOA
  • 2 Car Attached Garage

About This Home

As of February 2019

Desirable pool home with a fantastic tropical backdrop next to a canal offering privacy and tranquility. Soak up the nature from the screened lanai and pool perfect for entertainment and relaxation. Great floor plan with the kitchen in the center and all the living areas spinning around it. A neutral & tasteful color palette matching the gorgeous weathered laminate floors throughout the main area. The spacious master features a walk-in closet & a brand new bathroom. Guest rooms with neutral paint and guest bathroom fully renovated as well. Located in popular Port Malabar Unit 50 with nice homes & city water. 3 minutes to Publix supermarket, good schools, Majors Golf Club and restaurants. 8 min to Eastern Florida State College, I-95 and multiple shopping options including medical facilities facilities

Last Agent to Sell the Property

Thomas Taranto

Keller Williams Realty Brevard License #3096946 Listed on: 01/09/2019

Keller Williams Realty Brevard

Last Buyer's Agent

Nick Cazessus

Compass Florida, LLC License #3305521

Compass Florida, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,151

Year Built

  • Built in 1989

Lot Details

  • 10,019 Sq Ft Lot
  • South Facing Home

Parking

  • 2 Car Attached Garage

Property Views

  • Canal
  • Pool

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Asphalt
  • Stucco

Interior Spaces

  • 1,607 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Family Room
  • Living Room
  • Screened Porch
  • Fire and Smoke Detector
  • Laundry in Garage

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Pool

  • In Ground Pool
  • Screen Enclosure

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 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 29-37-17-Jr-02745.0-0028.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,151

Year Built

Built in 1989

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1989
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: In Garage
  • Road Surface Type: Asphalt
  • Reso View: Canal, Pool, Water
  • ResoSecurityFeatures: Smoke Detector(s)
  • 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: 29-37-17-Jr-02745.0-0028.00
  • 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: 1150.9
  • Location Tax and Legal Tax Year2: 2018
  • General Property Information Living Area2: 1607.0
  • General Property Information Building Area Total3: 2043.0
  • 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: South
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Flooring Laminate: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Levels One: Yes
  • Pool Features In Ground: Yes
  • Pool Features Private: Yes
  • Road Surface Type Asphalt: Yes
  • Roof:Shingle: Yes
  • Security Features Smoke Detector(s): Yes
  • View Pool: Yes
  • Flooring Carpet: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • View Water3: Yes
  • Pool Features Screen Enclosure: Yes
  • Room Types Family Room: Yes
  • Room Types Living Room: Yes
  • ViewCanal: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Primary Bathroom - Tub with Shower, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
  • Flooring: Carpet, Laminate, Tile
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Ice Maker, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:Walk-In Closet(s): Yes

Exterior Features

  • Pool Features: In Ground, Private, Screen Enclosure
  • Roof: Shingle
  • Acres: 0.23
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: South
  • Patio And Porch Features: Patio, Porch, Screened
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: 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
  • Laundry Features:In Garage: Yes
  • Parking Features:Attached: Yes

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Water Available
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Central: Yes
  • Heating:Electric3: Yes
  • Sewer Septic Tank: Yes

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

  • Lot Size Sq Ft: 10019.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2936713
  • Parcel #: 29-37-17-Jr-02745.0-0028.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 1150.9

MLS Schools

  • Elementary School: Columbia
  • High School: Bayside

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2019
Closed on
Feb 13, 2019
Sold by
Spence Sheldon E and Spence Gina D
Bought by
Elliott Charles J
Seller's Agent
Thomas Taranto
Keller Williams Realty Brevard
Buyer's Agent
Nick Cazessus
Compass Florida, LLC
List Price
$189,000
Sold Price
$182,000
Premium/Discount to List
-$7,000
-3.7%
Current Estimated Value
$321,119

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,119
Avg. Annual Appreciation
8.91%
Original Mortgage
$172,900
Outstanding Balance
$151,700
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$169,419

Purchase Details

Closed on
Jul 9, 2010
Sold by
Secretary Of Housing & Urban Development
Bought by
Spence Sheldon E and Spence Gina D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
4.79%

Purchase Details

Closed on
Jan 22, 2010
Sold by
Adelakun Adetayo and Adelakun Adetayo A
Bought by
Chase Home Finance Llc

Purchase Details

Closed on
Jan 12, 2010
Sold by
Chase Home Finance Llc
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Aug 23, 2004
Sold by
Jarrell Loretta and Adelakun Loretta
Bought by
Adelakun Adetayo A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,400
Interest Rate
6.01%

Purchase Details

Closed on
Jun 24, 1994
Sold by
Krell Paul F and Krell Linda I
Bought by
Adelakun Adetayo A and Adelakun Loretta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,755
Interest Rate
8.51%
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
Elliott Charles J $182,000 Supreme Title Closings Llc
Spence Sheldon E $80,000 Lakeside Title & Escrow Agen
Chase Home Finance Llc -- Attorney
Secretary Of Housing & Urban Development -- New House Title Llc
Adelakun Adetayo A $66,400 Peninsula Title Services Llc
Adelakun Adetayo A $83,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elliott Charles J $172,900
Previous Owner Spence Sheldon E $72,000
Previous Owner Adelakun Adetayo A $158,400
Previous Owner Adelakun Adetayo A $79,755
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/13/2019 02/13/19 Sold $182,000 -3.7% $113 / Sq Ft
01/15/2019 01/15/19 Pending -- -- --
01/09/2019 01/09/19 For Sale $189,000 0.0% $118 / Sq Ft
01/02/2019 01/02/19 Pending -- -- --
12/28/2018 12/28/18 For Sale $189,000 0.0% $118 / Sq Ft
12/22/2018 12/22/18 Pending -- -- --
12/17/2018 12/17/18 For Sale $189,000 -- $118 / 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 $2,665 $187,620 -- --
2024 $2,600 $182,340 -- --
2023 $2,600 $177,030 $0 $0
2022 $2,500 $171,880 $0 $0
2021 $2,555 $166,880 $0 $0
2020 $2,503 $164,580 $18,000 $146,580
2019 $3,545 $160,970 $18,000 $142,970
2018 $1,151 $87,110 $0 $0
2017 $1,162 $85,320 $0 $0
2016 $977 $83,570 $9,000 $74,570
2015 $993 $82,990 $7,000 $75,990
2014 $993 $82,340 $7,000 $75,340
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 832179

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 29-37-17-JR-02745.0-0028.00