NOT LISTED FOR SALE

940 Ithaca Ave SE Palm Bay, FL 32909

Estimated Value: $328,000 - $372,000

4 Beds
2 Baths
1,891 Sq Ft
$183/Sq Ft Est. Value

Last Sold August 30, 2023

Last sale price $340,000 $180 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,997/month

72 Days on Market

Highlights

  • New Construction
  • No HOA
  • 2 Car Attached Garage
  • Open Floorplan
  • Hurricane or Storm Shutters
  • Dual Closets

About This Home

As of August 2023

This new construction single family home is being built right now! The gorgeous open concept home features 4 bedrooms and 2 full bathrooms with double sinks and two walk-in closets in the primary bedroom/bathroom. Also included is a laundry room, pantry, granite kitchen/bathroom counter tops, 12 mil vinyl plank flooring, brushed nickel fixtures, upgraded lighting package, two tray ceilings, and brand new stainless steel appliances. Quick access to I-95 and located minutes away from major shopping centers, restaurants, Walmart and Publix. Photos are from the model, estimated completion beginning of Oct. 2022

Last Agent to Sell the Property

Alexis Peri

Kirschner Real Estate G Listed on: 10/06/2022

Last Buyer's Agent

Clinton Luke

Denovo Realty License #3523797

Denovo Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $363

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 10,019 Sq Ft Lot
  • East Facing Home

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,891 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Hurricane or Storm Shutters

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Patio

Schools

  • Turner Elementary School
  • Southwest Middle School
  • Bayside High School

Utilities

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

Community Details

  • No Home Owners Association
  • Port Malabar Unit 12 Association
  • Port Malabar Unit 12 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 29-37-07-Gn-00503.0-0015.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$363

Year Built

Built in 2022 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2022
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Port Malabar Unit 12
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: Yes
  • Location Tax and Legal Parcel Number2: 29-37-07-Gn-00503.0-0015.00
  • Location Tax and Legal Elementary School: Turner
  • Location Tax and Legal Middle School2: Southwest
  • Location Tax and Legal High School: Bayside
  • Location Tax and Legal Tax Annual Amount: 363.13
  • Location Tax and Legal Tax Year2: 2020
  • General Property Information Living Area2: 1891.0
  • General Property Information Building Area Total3: 2487.0
  • General Property Information Lot Size Acres: 0.23
  • General Property Information Lot Size Square Feet2: 10019.0
  • General Property Information New Construction YN: Yes
  • General Property Information Waterfront YN: No
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: East
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: 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
  • Pets Allowed Yes: Yes
  • Roof:Shingle: Yes
  • Flooring Carpet: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • Room Types Laundry: Yes
  • Flooring Vinyl: Yes
  • Sewer Aerobic Septic: Yes
  • Special Features: 4098
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Ceiling Fan(s), His and Hers Closets, Kitchen Island, Open Floorplan, Pantry, Primary Bathroom - Tub with Shower, Primary Downstairs, Split Bedrooms, Walk-In Closet(s)
  • Flooring: Carpet, Vinyl
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Interior Features:Primary Downstairs: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:His and Hers Closets: Yes

Exterior Features

  • Exterior Features: Storm Shutters
  • Pool Features: None
  • Roof: Shingle
  • Acres: 0.23
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: East
  • Patio And Porch Features: Patio
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio And Porch Features:Patio: Yes
  • Exterior Features:Storm Shutters: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage Door Opener
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Name: PORT MALABAR UNIT 12
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No
  • General Property Information:Association Name: PORT MALABAR UNIT 12

Schools

  • Middle Or Junior School: Southwest

Lot Info

  • Lot Size Sq Ft: 10019.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2927023
  • Parcel #: 29-37-07-Gn-00503.0-0015.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 363.13

MLS Schools

  • Elementary School: Turner
  • High School: Bayside

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2022
Closed on
Aug 30, 2023
Sold by
Ej & Jt Associates Inc
Bought by
Luke Clinton and Luke Kendall Lynn
Seller's Agent
Alexis Peri
Kirschner Real Estate G
Buyer's Agent
Clinton Luke
Denovo Realty
List Price
$359,999
Sold Price
$340,000
Premium/Discount to List
-$19,999
-5.56%
Views
31
Current Estimated Value
$351,902

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,902
Avg. Annual Appreciation
2.26%
Original Mortgage
$289,987
Outstanding Balance
$285,051
Interest Rate
6.81%
Mortgage Type
FHA
Estimated Equity
$69,902

Purchase Details

Listed on
Dec 3, 2020
Closed on
Mar 3, 2021
Sold by
Belgrove Wealth Investments Llc
Bought by
Ej & Jt Associates Inc
Seller's Agent
Cheryl Smith
Cheryl Smith Realty, Inc
Buyer's Agent
Non-Member Non-Member Out Of Area
Non-MLS or Out of Area
List Price
$26,500
Sold Price
$24,000
Premium/Discount to List
-$2,500
-9.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
189.97%

Purchase Details

Closed on
Oct 22, 2020
Sold by
Reznick Sylvia
Bought by
Belgrove Wealth Investments Llc
Source: Public Records

Range of Values:

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Average Value
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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
Luke Clinton $340,000 Peninsula Title
Ej & Jt Associates Inc $24,000 Tiago National Title Llc
Belgrove Wealth Investments Llc $17,100 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Luke Clinton $289,987
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2023 08/30/23 Sold $340,000 0.0% $180 / Sq Ft
11/05/2022 11/05/22 Pending -- -- --
10/26/2022 10/26/22 Price Changed $339,999 -5.6% $180 / Sq Ft
10/06/2022 10/06/22 Price Changed $359,999 0.0% $190 / Sq Ft
10/06/2022 10/06/22 For Sale $359,999 +5.9% $190 / Sq Ft
09/14/2022 09/14/22 Off Market $340,000 -- --
08/25/2022 08/25/22 For Sale $374,999 +1462.5% $198 / Sq Ft
03/03/2021 03/03/21 Sold $24,000 -9.4% --
01/29/2021 01/29/21 Pending -- -- --
12/02/2020 12/02/20 For Sale $26,500 -- --
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
2023 $648 $36,000 $36,000 $0
2022 $482 $24,500 $0 $0
2021 $363 $17,000 $17,000 $0
2020 $189 $12,500 $12,500 $0
2019 $225 $11,000 $11,000 $0
2018 $202 $8,400 $8,400 $0
2017 $195 $1,750 $0 $0
2016 $124 $5,400 $5,400 $0
2015 $117 $5,000 $5,000 $0
2014 $103 $3,700 $3,700 $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: 944607

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 29-37-07-GN-00503.0-0015.00