2 months on rocket

531 Karney Ave NE, Palm Bay, FL, 32907

$269,000

Home List Price

$3,194*

Closing Credit

3 Bedrooms
2 Full Baths
1,588 SqFt
$169/SqFt
House
Schools Nearby

Location

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531 Karney Ave NE, Palm Bay$269,000

Buyer Closing Credits

$3,194*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAdditional Parking, Carport, Garage, Garage Door Opener
Garage2 spaces
Year Built1979
HeatingCentral, Electric, Hot Water
CoolingCentral Air, Electric
FireplaceWood Burning
ViewCity
MLS #1000944
Lot Size0.23 Acres
StatusActive

About 531 Karney Ave NE

PRICE ADJUSTMENT DOWN!! SELLER WANTS IT SOLD. Recently updated 3/2/2 concrete block and stucco home with lots of space, situated in a quiet and well kept neighborhood with city water. The master bedroom is quite large and has the attached master bath with new fixtures. The additional bonus room is approx 200 sq ft with vinyl flooring. All other areas of this home is tiled. The roof was replaced 2018; AC replaced November 2022; Septic pumped in March 2024. The seller is willing to contribute $5,000 towards upgrades and repairs with an acceptable offer, at closing. This area of northeast Palm Bay has good schools and the property is very close to all amenities.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1979
  • Stories: 1
  • Living Area: 1,588 SqFt

Listing Office:

  • Office Name: DD Home Realty Inc
  • Office Phone: (904) 248-0422
  • Listing Agent: Norma D Rhoden

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Refrigerator
  • Flooring Type: Tile, Vinyl
  • Interior: Ceiling Fan(s), Entrance Foyer, Open Floorplan, Primary Bathroom - Shower No Tub, Skylight(s), Split Bedrooms, Walk-In Closet(s), Wet Bar
  • Fireplace: Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: City

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Additional Parking, Carport, Garage, Garage Door Opener

Virtual/3D Tour

  • Virtual Tour: 531 Karney Ave NE

Virtual Tour

Lot Features

Lot Information:

  • Lot: Few Trees
  • Lot Size: 0.23 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric, Hot Water
  • Cooling: Central Air, Electric

School Info

Assigned Schools Information:

  • Palm Bay High School, Public Magnet Grades PK-12
  • Stone Middle School, Public Magnet Grades 7-8
  • Port Malabar Elementary School, Public District Grades KG-6

Other

Directions Information:

  • Directions: From Malabar Road, go east to north on babcock Street. Continue to east on Fallon. Continue on Fallon to north on Karney. Property is on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $269,000
  • Price Per SqFt: $169/SqFt

Tax Information:

  • Annual Amount: $2,430
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Palm Bay, FL.

Med. Sold Price

$329.9K

Med. Price/SqFt

$193

Avg. Days On Market

67

# of Sold Homes

251

531 Karney Ave NE vs Palm Bay

66 DAYS ON ROCKET

-1 Day

$269,000

-$60.9K Less

$169/SqFt

-$24 Less

KEY TAKEAWAY

This property is $60.9K less than the Median Sold Price and $24/SqFt less than other homes in Palm Bay, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Space Coast MLS (Space Coast Association of REALTORS®)
  • MLS Number: #1000944

Listing Office:

  • Office Name: DD Home Realty Inc
  • Office Phone: (904) 248-0422
  • Listing Agent: Norma D Rhoden

IDX Copyright © 2024 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Space Coast Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/27/2024, 5:20:22 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 03, 1997Home Sold
$68,900

Tax History

YEARPROP. TAXASSESSMENT
2020$2,430$133,560
2019$2,357$107,040
2018$2,201$118,080
2017$2,201$101,610

History based on county public records data.

Payment Calculator

$1,410

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$873

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1455429
6
/10
  • Port Malabar Elementary School

  • 301 Pioneer Ave NE

  • 0.67 miles

  • Public District Grades KG-6

Middle School

school-card-donut-1455430
2
/10
  • Stone Middle School

  • 1101 E University Blvd

  • 3.63 miles

  • Public Magnet Grades 7-8

High School

school-card-donut-1455431
2
/10
  • Palm Bay High School

  • 101 Pirate Ln

  • 2.68 miles

  • Public Magnet Grades PK-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $69,345. The majority of Palm Bay, FL residents have income between $35k-100k annually. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 531 Karney Ave NE

What is the listing price of this property?

The listing price of 531 Karney Ave NE property is $269,000.

What type of property is this?

The property 531 Karney Ave NE is a house located in Palm Bay, Florida, 32907.

Is this property for sale now?

Active Listing: 531 Karney Ave NE is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 531 Karney Ave NE are:
Port Malabar Elementary School: GreatSchools Rating 6/10
Stone Middle School: GreatSchools Rating 2/10
Palm Bay High School: GreatSchools Rating 2/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,430 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on November 3, 1997 for $68,900. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 531 Karney Ave NE has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 531 Karney Ave NE is 1,588 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 531 Karney Ave NE is 1979.

Rocket HomesFloridaBrevard CountyPalm Bay32907531 Karney Ave NE

This home is located at 531 Karney Ave NE in Palm Bay, FL and zip code 32907. This 1,588 square foot home, which was built in 1979, sits on a 0.23 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 20, 2024 and is currently priced at $269,000.

In March 2024 more than 25 listings in Palm Bay, FL were sold above the asking price. During the same period more than 86 listings were sold at asking price, while more than 140 were sold below. The inventory of homes for sale in Palm Bay, FL between February 2024 and March 2024 increased by 8.5%. While the average time on the market in March 2024 was 67 days, the median list price was $329,999.

From Rocket Homes Real Estate and based on county public records data.

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