NOT LISTED FOR SALE

987 Wateroak Dr NE Palm Bay, FL 32905

Port Malabar Neighborhood

Estimated Value: $238,000 - $248,849

3 Beds
2 Baths
1,065 Sq Ft
$230/Sq Ft Est. Value

Last Sold June 18, 2021

Last sale price $195,000 $183 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,649/month

2 Days on Market

Highlights

  • City View
  • Community Pool
  • Patio
  • Clubhouse
  • 1 Car Attached Garage
  • Tankless Water Heater

About This Home

As of June 2021

Bermuda Walk Community NE Palm Bay. 3-Bedrooms, 2-Baths with l-Car Garage.
Tile Floors Kitchen & Baths. Vinyl plank flooring in living/dining/hallway. Bathrooms
have been renovated with walk-in shower in Hall Bath. Community Pool and lawn
mowing included in HOA. Home is across
street from community pool . No home behind, view is of lake.

Last Agent to Sell the Property

Beverly Hannan

J.R. Hannan Realty Inc. License #117468 Listed on: 05/15/2021

Last Buyer's Agent

Aspire Group

EXP Realty LLC License #oevme2Team

EXP Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,705

Year Built

  • Built in 1989

Lot Details

  • 3,920

HOA Fees

  • $83 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Home Design

  • Frame Construction
  • Tile Roof
  • Wood Siding
  • Asphalt
  • Stucco

Interior Spaces

  • 1,065 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • City Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry in Garage
  • Washer and Gas Dryer Hookup

Schools

  • Riviera Elementary School
  • Stone Middle School
  • Palm Bay High School

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater

Additional Features

  • Patio
  • West Facing Home

Listing and Financial Details

  • Assessor Parcel Number 28-37-27-No-03054.0-0-0007.00

Community Details

Overview

  • Port Malabar Unit 59 Subdivision
  • Maintained Community

Amenities

  • Clubhouse

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,705

Year Built

Built in 1989

Lot Details

0

HOA Fees

$83 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1989
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, In Garage, Washer Hookup
  • Road Surface Type: Asphalt
  • Reso View: City
  • Reso Association Amenities: Clubhouse, Maintenance Grounds
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Port Malabar Unit 59
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 28-37-27-No-03054.0-0-0007.00
  • Location Tax and Legal Elementary School: Riviera
  • Location Tax and Legal Middle School2: Stone
  • Location Tax and Legal High School: Palm Bay
  • General Property Information Living Area2: 1065.0
  • 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: West
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Flooring Laminate: 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
  • Association Amenities Maintenance Grounds2: Yes
  • Road Surface Type Asphalt: Yes
  • Sewer:Public Sewer: Yes
  • Flooring Carpet: Yes
  • Water Source Public: Yes
  • Roof:Tile2: Yes
  • General Property Information Carport YN2: No
  • Pets Allowed Call: Yes
  • Pets Allowed Breed Restrictions: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Ceiling Fan(s), Primary Bathroom - Tub with Shower
  • Flooring: Carpet, Laminate, Tile
  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator, Tankless Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Total Bedrooms: 7
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Tankless Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Pool Features:Community: Yes
  • Interior Features:Ceiling Fan(s): Yes

Exterior Features

  • Pool Features: Community
  • Roof: Tile
  • Waterfront: No
  • Construction Type: Frame, Stucco, Wood Siding
  • Direction Faces: West
  • Patio And Porch Features: Patio
  • Construction Materials:Stucco: Yes
  • Patio And Porch Features:Patio: Yes
  • Construction Materials:Frame: Yes
  • Construction Materials:Wood Siding: Yes
  • View:City3: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage, Garage Door Opener
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • Laundry Features:In Garage: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air, Electric
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 250.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 250.0
  • General Property Information:Association Fee Frequency: Quarterly
  • Association Amenities:Clubhouse: Yes

Schools

  • Middle Or Junior School: Stone

Lot Info

  • Additional Parcels Description: 2835452
  • Parcel #: 28-37-27-No-03054.0-0-0007.00

Rental Info

  • Furnished: Unfurnished

MLS Schools

  • Elementary School: Riviera
  • High School: Palm Bay

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2021
Closed on
Jun 18, 2021
Sold by
Mohammed Shaheed
Bought by
Penton David and De Los Angeles
Seller's Agent
Beverly Hannan
J.R. Hannan Realty Inc.
Buyer's Agent
Aspire Group
EXP Realty LLC
List Price
$192,000
Sold Price
$195,000
Premium/Discount to List
$3,000
1.56%
Current Estimated Value
$244,962

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,962
Avg. Annual Appreciation
5.95%
Original Mortgage
$10,000
Interest Rate
2.93%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 5, 2017
Closed on
May 22, 2017
Sold by
Dotson Steven E and Dotson Cali
Bought by
Mohammed Shaheed
Seller's Agent
Josephine Carpenter
Allison-James Estates & Homes
Buyer's Agent
Josephine Carpenter
Allison-James Estates & Homes
List Price
$129,500
Sold Price
$124,000
Premium/Discount to List
-$5,500
-4.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.74%
Original Mortgage
$74,000
Interest Rate
3.97%

Purchase Details

Listed on
Jun 13, 2013
Closed on
Sep 16, 2013
Sold by
Fannie Mae
Bought by
Dotson Steven E and Dotson Cali
Seller's Agent
Reagan Masone
SunCoast Real Estate Group
Buyer's Agent
Debra Millwater
Indian River Realty II
List Price
$65,100
Sold Price
$67,100
Premium/Discount to List
$2,000
3.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.16%

Purchase Details

Closed on
May 21, 2013
Sold by
Hannan Jon R and Sandy Pines Master Association
Bought by
Federal National Mortgage Association
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
Penton David $195,000 Peninsula Title Services Llc
Mohammed Shaheed $124,000 Peninsula Title Svcs Llc
Dotson Steven E $67,100 Attorney
Federal National Mortgage Association -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Penton David $7,785
Closed Penton David $10,000
Open Penton David $191,468
Previous Owner Mohammed Shaheed $74,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2021 06/18/21 Sold $195,000 +1.6% $183 / Sq Ft
05/17/2021 05/17/21 Pending -- -- --
05/15/2021 05/15/21 For Sale $192,000 +54.8% $180 / Sq Ft
06/16/2017 06/16/17 Pending -- -- --
05/22/2017 05/22/17 Sold $124,000 -4.2% $115 / Sq Ft
04/09/2017 04/09/17 Pending -- -- --
04/05/2017 04/05/17 For Sale $129,500 0.0% $120 / Sq Ft
03/30/2017 03/30/17 Pending -- -- --
03/25/2017 03/25/17 For Sale $129,500 0.0% $120 / Sq Ft
03/01/2017 03/01/17 For Sale $129,500 +93.0% $120 / Sq Ft
09/16/2013 09/16/13 Sold $67,100 +3.1% $62 / Sq Ft
08/09/2013 08/09/13 Pending -- -- --
06/12/2013 06/12/13 For Sale $65,100 -- $60 / 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
2023 $2,705 $184,080 $0 $0
2022 $2,602 $178,720 $0 $0
2021 $2,585 $127,020 $25,000 $102,020
2020 $2,438 $120,020 $25,000 $95,020
2019 $2,559 $116,440 $20,000 $96,440
2018 $2,334 $105,960 $15,000 $90,960
2017 $796 $63,610 $0 $0
2016 $683 $62,310 $12,000 $50,310
2015 $644 $61,880 $8,000 $53,880
2014 $1,299 $54,800 $8,000 $46,800
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2021

    Beverly Hannan

    J.R. Hannan Realty Inc.

    (321) 223-5307

    12 in this area

    26 Total Sales

    Section Image

  • A

    Buyer's Agent in 2021

    Aspire Group

    EXP Realty LLC

    (321) 234-4438

    5 in this area

    49 Total Sales

    Section Image

  • J

    Seller's Agent in 2017

    Josephine Carpenter

    Allison-James Estates & Homes

  • R

    Seller's Agent in 2013

    Reagan Masone

    SunCoast Real Estate Group

  • D

    Buyer's Agent in 2013

    Debra Millwater

    Indian River Realty II

See All Agents

Map

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

MLS Number: 905142

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-37-27-NO-03054.0-0007.00

Florida Brevard County Palm Bay 32905 Port Malabar

987 Wateroak Dr NE, Palm Bay, FL

This home is located at 987 Wateroak Dr NE, Palm Bay, FL 32905 since 15 May 2021 and is currently estimated at $244,962, approximately $230 per square foot. This property was built in 1989. 987 Wateroak Dr NE is a home located in Brevard County with nearby schools including Riviera Elementary School, Stone Magnet Middle School, and Palm Bay Magnet Senior 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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