$24,000
SOLD MAR 3, 2021

940 Ithaca Ave SE Palm Bay, FL 32909

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

Recently Sold

9% Below List Price

57 Days on Market

About This Home

As of August 2023

PERKS INCLUDE CITY WATER, PAVED ROADS, AND A GREAT LOCATION! THIS LOT IS IN A BUSTLING AREA WITH LOTS OF RESIDENTIAL HOMES AND NEW GROWTH. MALABAR ROAD IS A QUICK 4-MINUTE DRIVE, OFFERING A LONG LIST OF SHOPPING, RESTAURANTS, AND EVERDAY SERVICES. I-95 IS A 9-MINUTE CAR RIDE, AND THE NEW ST. JOHN'S HERITAGE PARKWAY IS 12-MINUTES AWAY. WALKING DISTANCE TO TURNER ELEMENTARY AND SOUTHWEST MIDDLE SCHOOL. MUST CLOSE AT CERTAIN TITLE COMPANY. SEE NOTES IN AGENT REMARKS.

Last Agent to Sell the Property

Cheryl Smith

Cheryl Smith Realty, Inc License #426949 Listed on: 12/03/2020

Last Buyer's Agent

Non-Member Non-Member Out Of Area

Non-MLS or Out of Area License #nonmls

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $189

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 80x125
  • Many Trees

Schools

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

Utilities

  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners 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

$189

Lot Details

0

Listing Details

  • Property Type: Land
  • Reso Property Sub Type: Unimproved Land
  • ResoLotFeatures: Many Trees
  • Road Surface Type: Paved
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Port Malabar Unit 12
  • 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: 189.47
  • 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
  • Utilities Cable Available: Yes
  • Water Source Public: Yes
  • Utilities Water Available: Yes
  • General Property Information Lot Size Dimensions: 80X125
  • General Property Information Number Of Lots2: 1.0
  • Special Features: None
  • Property Sub Type: Detached

Exterior Features

  • Acres: 0.23
  • Waterfront: No
  • Lot Features:Many Trees: Yes

Utilities

  • Utilities: Cable Available, Water Available
  • Water Source: Public
  • 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: 80X125
  • Lot Size Sq Ft: 10019.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 29-37-07-Gn-00503.0-0015.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 189.47

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
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 Type Sale Price Title Company
Warranty Deed $340,000 Peninsula Title
Warranty Deed $24,000 Tiago National Title Llc
Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes $17,100 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $289,987 FHA
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: 891517

Space Coast MLS (Space Coast Association of REALTORS®)

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