NOT LISTED FOR SALE

881 Banks St NW Palm Bay, FL 32907

Northwest Palm Bay Neighborhood

Estimated Value: $341,000 - $381,000

4 Beds
2 Baths
2,173 Sq Ft
$165/Sq Ft Est. Value

Last Sold June 03, 2020

Last sale price $210,000 $97 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $2,224/month

21 Days on Market

Highlights

  • Vaulted Ceiling
  • Screened Porch
  • 2 Car Attached Garage
  • No HOA
  • Breakfast Area or Nook
  • Separate Shower in Primary Bathroom

About This Home

As of June 2020

This will not last!! Come put your finishing touches on this lovely City Water home today. Home features block construction, 4 bedroom 2 bathrooms, formal dining, living room and a huge family room. Additional features include vaulted ceilings, quartz kitchen countertops, inside laundry room and large screened patio at back.

Last Agent to Sell the Property

Dave Silver

Virtual Access Realty, LLC License #3177114 Listed on: 04/04/2020

Co-Listed By

Cindy Silver

Virtual Access Realty, LLC License #3245348

Last Buyer's Agent

Susan Ozbun

One Sotheby's International License #3338180

One Sotheby's International

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,174

Year Built

  • Built in 2005

Lot Details

  • 10,454 Sq Ft Lot
  • South Facing Home

Parking

  • 2 Car Attached Garage

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,173 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Family Room
  • Living Room
  • Dining Room
  • Screened Porch
  • Washer and Gas Dryer Hookup

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Schools

  • Meadowlane Elementary School
  • Central Middle School
  • Heritage High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Additional Features

  • Patio
  • Drainage Canal

Community Details

  • No Home Owners Association
  • Port Malabar Unit 48 Association
  • Port Malabar Unit 48 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 28-36-26-Kr-02495.0-0002.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,174

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2005
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • ResoLotFeatures: Drainage Canal
  • Co List Office Mls Id: vare0
  • Co List Office Phone: 321-244-3555
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Port Malabar Unit 48
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 28-36-26-Kr-02495.0-0002.00
  • Location Tax and Legal Elementary School: Meadowlane
  • Location Tax and Legal Middle School2: Central
  • Location Tax and Legal High School: Heritage
  • Location Tax and Legal Tax Annual Amount: 1173.98
  • Location Tax and Legal Tax Year2: 2019
  • General Property Information Living Area2: 2173.0
  • General Property Information Building Area Total3: 2576.0
  • General Property Information Lot Size Acres: 0.24
  • General Property Information Lot Size Square Feet2: 10454.0
  • 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
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Levels One: Yes
  • Roof:Shingle: Yes
  • Flooring Carpet: Yes
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • Room Types Dining Room: Yes
  • Interior Features Breakfast Nook: Yes
  • Room Types Family Room: Yes
  • Room Types Living Room: Yes
  • Lot Features Drainage Canal: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Bar, Breakfast Nook, Primary Bathroom - Tub with Shower, Primary Bathroom -Tub with Separate Shower, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
  • Flooring: Carpet, Tile
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • ResoLivingAreaSource: Other
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:Walk-In Closet(s): Yes

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Acres: 0.24
  • 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
  • Parking Features:Attached: Yes

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association Name: PORT MALABAR UNIT 48
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No
  • General Property Information:Association Name: PORT MALABAR UNIT 48

Schools

  • Middle Or Junior School: Central

Lot Info

  • Lot Size Sq Ft: 10454.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2807860
  • Parcel #: 28-36-26-Kr-02495.0-0002.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 1173.98

MLS Schools

  • Elementary School: Meadowlane
  • High School: Heritage

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2020
Closed on
May 27, 2020
Sold by
Perez Providencia
Bought by
Lauranvil Eliphene and Dorcius Cerette
Seller's Agent
Dave Silver
Virtual Access Realty, LLC
Buyer's Agent
Susan Ozbun
One Sotheby's International
List Price
$224,900
Sold Price
$210,000
Premium/Discount to List
-$14,900
-6.63%
Current Estimated Value
$357,491

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,491
Avg. Annual Appreciation
10.65%
Original Mortgage
$206,196
Outstanding Balance
$185,099
Interest Rate
3.3%
Mortgage Type
FHA
Estimated Equity
$172,081

Purchase Details

Closed on
Feb 19, 2004
Sold by
Algarin Samuel Rodriguez and Nieves Lydia E
Bought by
Perez Pedro and Perez Providencia

Purchase Details

Closed on
May 24, 2000
Sold by
Ronald Lim Pro Corp Inc
Bought by
Algarin Samuel Rodriguez and Nieves Lydia E
Source: Public Records

Range of Values:

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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
Lauranvil Eliphene $210,000 Supreme Title Closings Llc
Perez Pedro $15,000 Peninsula Title Services Llc
Algarin Samuel Rodriguez $4,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lauranvil Eliphene $206,196
Previous Owner Perez Pedro $92,686
Previous Owner Perez Pedro $63,884
Previous Owner Perez Pedro $105,823
Previous Owner Perez Pedro $105,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2020 06/03/20 Sold $210,000 -6.6% $97 / Sq Ft
04/24/2020 04/24/20 Pending -- -- --
04/03/2020 04/03/20 For Sale $224,900 -- $103 / 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
2024 $3,358 $224,580 -- --
2023 $3,358 $218,040 $0 $0
2022 $3,243 $211,690 $0 $0
2021 $3,324 $205,530 $17,000 $188,530
2020 $970 $95,860 $0 $0
2019 $1,174 $93,710 $0 $0
2018 $1,146 $91,970 $0 $0
2017 $1,166 $90,080 $0 $0
2016 $912 $88,230 $6,000 $82,230
2015 $925 $87,620 $4,000 $83,620
2014 $924 $86,930 $4,000 $82,930
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2020

    Dave Silver

    Virtual Access Realty, LLC

  • Cindy Silver

    Seller Co-Listing Agent in 2020

    Cindy Silver

    Virtual Access Realty, LLC

    (321) 508-2664

    31 Total Sales

    Cindy Silver
    Section Image

  • S

    Buyer's Agent in 2020

    Susan Ozbun

    One Sotheby's International

    Section Image
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Map

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

MLS Number: 872647

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-36-26-KR-02495.0-0002.00

Florida Brevard County Palm Bay 32907 Northwest Palm Bay

881 Banks St NW, Palm Bay, FL

This home is located at 881 Banks St NW, Palm Bay, FL 32907 since 04 April 2020 and is currently estimated at $357,491, approximately $164 per square foot. This property was built in 2005. 881 Banks St NW is a home located in Brevard County with nearby schools including Discovery 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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