NOT LISTED FOR SALE

771 Ballon Terrace SE Palm Bay, FL 32909

Estimated Value: $50,000 - $70,000

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

Last Sold December 08, 2023

Last sale price $50,000

Est. 20% increase in value since last sale

Current estimated payment $380/month

45 Days on Market

About This Home

As of December 2023

VACANT LAND = Build your New Home in a
Desirable aerea of Palm Bay = Min. Sq. Ft. of living area for home is 1200 Sq. Ft. = Only 20 Minutes from Beautiful Beaches on the Atlantic Ocean and 10 Minutes from the Indian River. (Intercoastal Waterway) Only one hour from Disney World, Sea World, Universal Studios and 45 Minutes from Kennedy Space Center

Last Agent to Sell the Property

Jerry Ogburn

Coldwell Banker Paradise License #595474 Listed on: 09/25/2023

Coldwell Banker Paradise

Last Buyer's Agent

Ann Richter

INB Realty LLC License #3433443

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $339

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 90' x 125'
  • Irregular Lot

Schools

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

Utilities

  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Port Malabar Unit 50 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 29-37-17-Jr-02723.0-0017.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$339

Lot Details

0

Listing Details

  • Property Type: Land
  • Reso Property Sub Type: Unimproved Land
  • ResoLotFeatures: Irregular Lot
  • Road Surface Type: Paved
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Port Malabar Unit 50
  • Location Tax and Legal Parcel Number2: 29-37-17-Jr-02723.0-0017.00
  • 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: 338.89
  • Location Tax and Legal Tax Year2: 2022
  • 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 Water Available: Yes
  • General Property Information Lot Size Dimensions: 90' X 125'
  • General Property Information Number Of Lots2: 1.0
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Exterior Features

  • Acres: 0.23
  • Waterfront: No
  • Lot Features:Irregular Lot: Yes

Utilities

  • Utilities: Cable Available, Water Available
  • 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

  • Number Of Lots: 1
  • Current Use: Residential, Single Family
  • Lot Dimensions: 90' X 125'
  • Lot Size Sq Ft: 10019.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 29-37-17-Jr-02723.0-0017.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 338.89

MLS Schools

  • Elementary School: Columbia
  • High School: Bayside

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2023
Closed on
Dec 8, 2023
Sold by
Reyes Corazon and Reyes Francisco
Bought by
Inb Bfr Fund 1 Llc
Seller's Agent
Jerry Ogburn
Coldwell Banker Paradise
Buyer's Agent
Ann Richter
INB Realty LLC
List Price
$52,000
Sold Price
$50,000
Premium/Discount to List
-$2,000
-3.85%
Views
16
Current Estimated Value
$60,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,000
Avg. Annual Appreciation
10.24%

Purchase Details

Closed on
Nov 24, 2007
Sold by
Santiago Edward and Santiago Pier C
Bought by
Reyes Francisco and Reyes Corazon

Purchase Details

Closed on
Sep 24, 2005
Sold by
Reyes Francisco B and Reyes Corazon C
Bought by
Santiago Edward and Santiago Pier C
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
Inb Bfr Fund 1 Llc $50,000 Baldwin Park Title
Inb Bfr Fund 1 Llc $50,000 Baldwin Park Title
Reyes Francisco -- None Available
Santiago Edward -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/23/2023 12/23/23 Off Market $50,000 -- --
12/16/2023 12/16/23 Off Market $50,000 -- --
12/08/2023 12/08/23 Sold $50,000 -3.8% --
11/10/2023 11/10/23 Pending -- -- --
09/25/2023 09/25/23 For Sale $52,000 -- --
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
2025 $754 $42,500 -- --
2024 $426 $40,000 -- --
2023 $426 $34,500 $34,500 $0
2022 $339 $24,500 $0 $0
2021 $307 $18,500 $18,500 $0
2020 $288 $18,000 $18,000 $0
2019 $330 $18,000 $18,000 $0
2018 $293 $14,000 $14,000 $0
2017 $282 $3,125 $0 $0
2016 $197 $9,000 $9,000 $0
2015 $175 $7,000 $7,000 $0
2014 $178 $7,000 $7,000 $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: 976025

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 29-37-17-JR-02723.0-0017.00