NOT LISTED FOR SALE

754 SW 7th Terrace Homestead, FL 33034

Village of Palm Bay Neighborhood

Estimated Value: $356,000 - $413,000

3 Beds
2.5 Baths
1,143 Sq Ft
$329/Sq Ft Est. Value

Last Sold January 29, 2024

Last sale price $345,000 $302 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,618/month

45 Days on Market

Highlights

  • Gated Community
  • Garden View
  • Walk-In Closet
  • Clubhouse
  • Community Pool
  • 4-minute walk to Loren Roberts Park

About This Home

As of January 2024

Welcome to the serene community of Village of Palm Bay. Well maintained two- storey detached single family home with 3-bedroom, updated 2.5-bathroom, kitchen with stainless steel appliances and 1-car garage with a bonus storage room under the stairs and a new painted private driveway. Let your imagination run wild by thinking of how you can turn this fenced private and spacious patio into the perfect family entertainment zone. The community offers amenities like a pool, while the lake provides opportunities for leisure. Extremely easy access to US-1, Outlet mall, Florida Everglades Alligator Farm and the beautiful Florida Keys

Last Listed By

Greg Sullivan

ByOwner.Com License #3014237 Listed on: 10/27/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,368

Year Built

  • Built in 1994

Lot Details

  • South Facing Home
  • Fenced
  • Property is zoned 93/PLANN

HOA Fees

  • $114 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Frame Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,143 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Tile Flooring
  • Garden Views
  • Dryer

Kitchen

  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 16-78-25-018-0060

Community Details

Overview

  • Villas Of Palm Bay Subdivision

Recreation

  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,368

Year Built

Built in 1994

Lot Details

0

HOA Fees

$114 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Year Built: 1994
  • Architectural Style: Two Story
  • Carport Y N: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Interior Amenities: Upper Level Primary, Walk-In Closet(s)
  • Main Level Bathrooms: 1
  • Appliances: Dryer, Electric Range, Microwave, Other, Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Tile
  • Living Area: 1143.0
  • Dining Room Type: Family Room

Exterior Features

  • Exterior Features: Fence
  • View: Garden
  • Lot Features: < 1/4 Acre
  • Pool Features: None, Community
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Block, Frame
  • Direction Faces: South
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Yn: No
  • Parking Features: Driveway

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 114.0
  • Community Features: Clubhouse, Gated, Pool
  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 16-78-25-018-0060
  • Zoning Description: 93/PLANN

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4368.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2023
Closed on
Jan 29, 2024
Sold by
Tejera Juan Carlos
Bought by
Rodriguez Yordani
Seller's Agent
Greg Sullivan
ByOwner.Com
List Price
$365,000
Sold Price
$345,000
Premium/Discount to List
-$20,000
-5.48%
Total Days on Market
45
Views
176
Current Estimated Value
$376,067

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,067
Avg. Annual Appreciation
2.52%
Original Mortgage
$333,485
Outstanding Balance
$329,869
Interest Rate
6.66%
Mortgage Type
FHA
Estimated Equity
$25,930

Purchase Details

Closed on
May 17, 2021
Sold by
Tejera Itsvan
Bought by
Tejera Juan Carlos

Purchase Details

Closed on
Feb 3, 2021
Sold by
Tiffany Unlimited Investments Llc
Bought by
Tejera Itsvan

Purchase Details

Closed on
Apr 13, 2012
Sold by
Nationstar Mortgage Llc
Bought by
Tiffany Unlimited Partnership Llc

Purchase Details

Closed on
Aug 17, 2011
Sold by
Diaz Jorge
Bought by
Nationstar Mortgage Llc

Purchase Details

Closed on
Apr 24, 2001
Sold by
Ruel Lobban I
Bought by
Millennium Property Management

Purchase Details

Closed on
Nov 1, 2000
Sold by
Bayview Financial Acquisition Trust
Bought by
Lobban Ruel

Purchase Details

Closed on
Dec 28, 1999
Sold by
Clerk Of The Court
Bought by
Source One Mortgage Services Corp

Purchase Details

Closed on
Aug 7, 1996
Sold by
Southwin Inc
Bought by
Medina Patricia I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,590
Interest Rate
8.24%
Mortgage Type
Balloon

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
Rodriguez Yordani $345,000 Floridian Title Group
Tejera Juan Carlos -- None Available
Tejera Itsvan -- Accommodation
Tiffany Unlimited Partnership Llc $35,000 Attorney
Nationstar Mortgage Llc $21,100 None Available
Millennium Property Management $57,000 --
Lobban Ruel $57,500 --
Source One Mortgage Services Corp $100 --
Medina Patricia I $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodriguez Yordani $99,842
Open Rodriguez Yordani $333,485
Previous Owner Diaz Jorge Luis $169,641
Previous Owner Medina Patricia I $51,800
Previous Owner Medina Patricia I $77,590
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2024 01/29/24 Sold $345,000 -5.5% $302 / Sq Ft
12/12/2023 12/12/23 Pending -- -- --
10/27/2023 10/27/23 For Sale $365,000 -- $319 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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 $4,902 $239,558 -- --
2023 $4,902 $217,780 $0 $0
2022 $4,368 $197,982 $70,896 $127,086
2021 $2,548 $100,155 $0 $0
2020 $2,343 $125,690 $35,448 $90,242
2019 $2,153 $118,015 $26,586 $91,429
2018 $1,926 $109,521 $26,586 $82,935
2017 $1,676 $68,409 $0 $0
2016 $1,530 $62,190 $0 $0
2015 $1,410 $56,537 $0 $0
2014 $1,286 $51,398 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10407012

BeachesMLS (Greater Fort Lauderdale)

APN: 16-7825-018-0060