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Sold for $249,900
  • $249,900

    241 Velvet Ave NE, Palm Bay, FL 32907

    3beds
    1,358sqft
    Ranch
    Built in 1979
    8,712 Square Feet Lot
    $247,100 Zestimate®
    $184/sqft
    $1,917 Estimated rent

    Home value

    $247,100

    $225,000 - $269,000

    $1,917/mo

    Zestimate® history
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    What's special

    Estate sale. Concrete Block 3/2/with 2 car garage. Amazing mature landscape, Newer roof and AC, interior being freshly painted and new laminate flooring in all 3 bedrooms installed. Easy flow split floor plan, 2nd bath shower has been remodeled and 3rd bedroom has a cozy deck area leading to the to back yard, could be used as a Mother In Law unit, huge screened porch expands your sq ftage to take advantage of comfortable out door living November thru May. Great area for a young family, elementary school right down the street. Home has great bones but needs some updating, bring your imagination and make it your own piece of paradise. Garage has wall AC and was used as workshop. Limited disclosure as Personal Representative has never lived in the home.

    Zillow last checked:

    Listing updated:

    Listed by:

    Dorothy R Balbier 321-626-1473,

    RE/MAX Elite

    Bought with:

    Paul Matchett, 3039052

    J. Edwards Real Estate

    Source: Space Coast AOR,MLS#: 1053286

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Central, Electric
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Dishwasher, Electric Water Heater, Other
    • Laundry: Electric Dryer Hookup, In Garage, Washer Hookup
    Features
    • Flooring: Laminate, Tile
    • Has fireplace: No
    Interior area
    • Total structure area: 1,883
    • Total interior livable area: 1,358 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached, Garage
    • Attached garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Fencing: Back Yard,Vinyl,Wood
    Lot
    • Size: 8,712 Square Feet
    • Features: Other
    Details
    • Additional parcels included: 2844460
    • Parcel number: 2837337502194.00010.00
    • Special conditions: Probate Listing

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Ranch
    Materials
    • Block, Stone, Stucco
    Condition
    • New construction: No
    • Year built: 1979

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Public
    • Utilities for property: Electricity Connected, Water Connected, Other

    Community & HOA

    Community
    • Subdivision: Port Malabar Unit 28
    HOA
    • Has HOA: No
    Location
    • Region: Palm Bay

    Financial & listing details

    • Price per square foot: $184/sqft
    • Tax assessed value: $213,700
    • Annual tax amount: $551
    • Date on market: 8/8/2025
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    10/27/2025Pending sale$249,900$184/sqft
    Source: Space Coast AOR #1053286 Report a problem
    10/22/2025Sold$249,900$184/sqft
    Source: Space Coast AOR #1053286 Report a problem
    8/19/2025Contingent$249,900$184/sqft
    Source: Space Coast AOR #1053286 Report a problem
    8/8/2025Listed for sale$249,900+278.6%$184/sqft
    Source: Space Coast AOR #1053286 Report a problem
    10/25/1999Sold$66,000$49/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$574 +2.1%$65,200 +2.9%
    2024$562 +2%$63,370 +3%
    2023$551 +4.8%$61,530 +3%
    2022$526 -2.1%$59,740 +3%
    2021$537 +1.7%$58,000 +1.4%
    2020$528 -22.9%$57,200 +2.3%
    2019$685 $55,920 +1.9%
    2018$685 +1.1%$54,880 +2.1%
    2017$678 -15.9%$53,760 +2.1%
    2016$806 +26.4%$52,660 +0.7%
    2015$638 -2.9%$52,300 +0.8%
    2014$657 $51,890 -5.1%
    2013-- $54,680 +8.8%
    2012$605 -3%$50,280 -4.2%
    2011$623 -6.2%$52,510 -21%
    2010$664 +5.7%$66,440 -19.8%
    2009$629 +6%$82,800 -23%
    2008$593 -18.2%$107,600 -24.8%
    2007$725 +1.1%$143,000 +23.3%
    2005$717 -4.2%$115,940 +45.5%
    2004$748 -2.1%$79,680 +13.3%
    2003$764 +3.8%$70,340 +6.1%
    2002$736 +3.5%$66,320 +5.3%
    2001$711 +5.3%$62,960 +10.7%
    2000$675 $56,900
    Find assessor info on the county website

    Neighborhood: 32907

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Port Malabar
    • Middle: Stone
    • High: Palm Bay

    Source: Space Coast AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

    Get a cash offer in 3 minutes
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    Estimated market value
    $247,100
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $247,100