NOT LISTED FOR SALE

786 Gerlitz Rd SW Palm Bay, FL 32908

Southwest Palm Bay Neighborhood

Estimated Value: $34,516 - $54,000

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

Last Sold December 14, 2023

Last sale price $35,000

Est. 25% increase in value since last sale

Current estimated payment $258/month

349 Days on Market

About This Home

As of December 2023

PAVED STREETS AND RIGHT NEXT DOOR TO A BRAND NEW HOME! THIS IS GOOD FOR PROPERTY VALUES! THE REAR DRAINAGE CANAL EXTENDS THE SPACE BETWEEN YOU AND THE BACK NEIGHBORS, CREATING MORE PRIVACY. 3 MINUTES TAKES YOU TO THE WELL-TRAVELED MALABAR ROAD CORRIDOR, OFFERING A LONG LIST OF HIGH-PROFILE STORES, RESTAURANTS, MEDICAL SERVICES, AND EVERYDAY CONVENIENCES. IT'S 8 MINUTES TO THE SCENIC ST. JOHN'S HERITAGE PARKWAY LEADING TO US-192, I-95, AND MELBOURNE. ONE OF THE CITY'S LARGEST PARKS IS ALSO CLOSE BY, PRESENTING A PLAYGROUND, SPORTS FIELDS, A COMMUNITY CENTER, AND PET AREA. JUPITER ELEMENTARY IS A SHORT 4-MINUTE COMMUTE, HERITAGE MIDDLE SCHOOL IS 15 MINUTES, AND HERITAGE HIGH IS 9 MINUTES. THIS SITE UTILIZES WELL WATER AND SEPTIC.

Last Agent to Sell the Property

Cheryl Smith

Cheryl Smith Realty, Inc License #426949 Listed on: 09/06/2022

Last Buyer's Agent

Rena Smith

Roost Real Estate Co. License #3315209

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $204

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 80x125
  • Wooded Lot

Schools

  • Jupiter Elementary School
  • Central Middle School
  • Heritage High School

Farming

  • Drainage Canal

Utilities

  • Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • Port Malabar Unit 20 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 29-36-02-Gi-01041.0-0038.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$204

Lot Details

0

Listing Details

  • Property Type: Land
  • Reso Property Sub Type: Unimproved Land
  • ResoLotFeatures: Drainage Canal, Wooded
  • Road Surface Type: Paved
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Port Malabar Unit 20
  • Location Tax and Legal Parcel Number2: 29-36-02-Gi-01041.0-0038.00
  • Location Tax and Legal Elementary School: Jupiter
  • Location Tax and Legal Middle School2: Central
  • Location Tax and Legal High School: Heritage
  • Location Tax and Legal Tax Annual Amount: 203.89
  • 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
  • Water Source Well: Yes
  • General Property Information Lot Size Dimensions: 80x125
  • General Property Information Number Of Lots2: 1.0
  • Lot Features Drainage Canal: Yes
  • Special Features: None
  • Property Sub Type: Detached

Exterior Features

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

Utilities

  • Water Source: Well
  • 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: Central

Lot Info

  • Number Of Lots: 1
  • Current Use: Residential, Single Family
  • Lot Dimensions: 80x125
  • Lot Size Sq Ft: 10019.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 29-36-02-Gi-01041.0-0038.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 203.89

MLS Schools

  • Elementary School: Jupiter
  • High School: Heritage

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2022
Closed on
Dec 5, 2023
Sold by
Nguyen Jennifer Hue
Bought by
Tinney Alexus
Seller's Agent
Cheryl Smith
Cheryl Smith Realty, Inc
Buyer's Agent
Rena Smith
Roost Real Estate Co.
List Price
$37,000
Sold Price
$35,000
Premium/Discount to List
-$2,000
-5.41%
Views
9
Current Estimated Value
$43,839

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,839
Avg. Annual Appreciation
13.73%
Original Mortgage
$340,000
Outstanding Balance
$331,101
Interest Rate
5.03%
Mortgage Type
New Conventional
Estimated Equity
-$287,262

Purchase Details

Listed on
Sep 17, 2020
Closed on
Dec 1, 2020
Sold by
Collesano Ann Marie
Bought by
Nguyen Jennifer Hue
Seller's Agent
Diana Burklew
Billero & Billero Properties
Buyer's Agent
Philip Rotondo
Coldwell Banker Realty
List Price
$12,000
Sold Price
$11,000
Premium/Discount to List
-$1,000
-8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
46.52%
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
Tinney Alexus $35,000 State Title Partners
Tinney Alexus $35,000 State Title Partners
Nguyen Jennifer Hue $11,000 Peninsula Title Services Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tinney Alexus $340,000
Closed Tinney Alexus $340,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2023 12/14/23 Sold $35,000 -5.4% --
12/14/2023 12/14/23 For Sale $37,000 0.0% --
08/22/2023 08/22/23 Pending -- -- --
09/06/2022 09/06/22 For Sale $37,000 +236.4% --
12/03/2020 12/03/20 Sold $11,000 -8.3% --
10/27/2020 10/27/20 Pending -- -- --
09/17/2020 09/17/20 For Sale $12,000 -- --
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 $297 $25,500 -- --
2023 $297 $22,000 $22,000 $0
2022 $260 $19,000 $0 $0
2021 $204 $9,000 $9,000 $0
2020 $136 $7,000 $7,000 $0
2019 $177 $6,500 $6,500 $0
2018 $166 $5,500 $5,500 $0
2017 $166 $1,250 $0 $0
2016 $103 $4,500 $4,500 $0
2015 $93 $3,700 $3,700 $0
2014 $90 $3,700 $3,700 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2023

    Cheryl Smith

    Cheryl Smith Realty, Inc

    (321) 544-8449

    550 in this area

    1,460 Total Sales

    Cheryl Smith
    Section Image
  • Rena Smith

    Buyer's Agent in 2023

    Rena Smith

    Roost Real Estate Co.

    (937) 206-1615

    13 in this area

    33 Total Sales

    Rena Smith
    Section Image

  • D

    Seller's Agent in 2020

    Diana Burklew

    Billero & Billero Properties

    (772) 643-1493

    3 in this area

    72 Total Sales

    Diana Burklew
    Section Image

  • P

    Buyer's Agent in 2020

    Philip Rotondo

    Coldwell Banker Realty

See All Agents

Map

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

MLS Number: 945429

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 29-36-02-GI-01041.0-0038.00

Florida Brevard County Palm Bay 32908 Southwest Palm Bay

786 Gerlitz Rd SW, Palm Bay, FL

This home is located at 786 Gerlitz Rd SW, Palm Bay, FL 32908 since 06 September 2022 and is currently estimated at $43,839. 786 Gerlitz Rd SW is a home located in Brevard County with nearby schools including Jupiter Elementary School, Central Middle School, and Heritage 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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