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562 Balcom Ter

Palm Bay, FL 32909

3 bd 2 ba 1,468 sqft Built 1992 Lot 11,326 sqft single_family
Most recent sale
$280,000
Apr 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 20, 2023 Sold $382,000 SpaceCoast
Apr 29, 2022 Sold $280,000 MLS #929643
Mar 18, 2022 Listed $300,000 MLS #929643
Jan 27, 2011 Listing removed $119,900 SpaceCoast
Dec 4, 2009 Sold $113,000 MLS #549504
Sep 6, 2009 Listed $119,900 MLS #549504
Jul 19, 2006 Sold $220,000 MLS #415681
Apr 18, 2006 Listed $239,000 MLS #415681
Jul 31, 1996 Sold $91,000 Public Record
Mar 1, 1992 Sold $86,300 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $195,260 $42,500 $237,760 $3,639
2024 $195,260 $42,500 $237,760 $3,709
2023 $209,700 $34,500 $244,200 $4,606
2021 $76,000 $746
2020 $74,960 $726
2019 $73,280 $886
2018 $71,920 $883
2017 $70,450 $915
2016 $69,010 $751
2015 $68,540 $768
2014 $68,000 $775
2013 $67,000 $783
2012 $65,880 $731
2011 $68,510 $753
2010 $88,380 $1,018
2009 $113,790 $1,479
2008 $147,000 $2,014

Property facts

Year built
1992
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,468 sqft
Lot size
11,326 sqft
ZIP code
32909
City
Palm Bay
Street
Balcom Ter
Coordinates
27.96803, -80.65782

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,716
Gross rental yield
11.64%
Implied cap rate
7.57%
Trend-extrapolated value

Frequently asked questions

When did 562 Balcom Ter last sell?
562 Balcom Ter most recently sold on Apr 29, 2022 for $280,000.
What is the current tax assessment for 562 Balcom Ter?
The most recent total assessment for 562 Balcom Ter (year 2025) is $237,760 with $3,639 in property tax.
How does 562 Balcom Ter's assessment compare to its last sale price?
The current assessment is 15.1% below the last sale price of $280,000.
When was 562 Balcom Ter built?
562 Balcom Ter was built in 1992.
How does 562 Balcom Ter compare to others on Balcom Ter?
We track 6 other properties on Balcom Ter. Browse the list under "Other properties on Balcom Ter" to compare beds, baths, and sale history.
What are the property facts for 562 Balcom Ter?
562 Balcom Ter is a 3 bed, 2 bath, 1,468 sqft, 11,326 sqft lot single_family.
Is 562 Balcom Ter a flip candidate?
Yes — 562 Balcom Ter appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 562 Balcom Ter a tax-appeal candidate?
No — 562 Balcom Ter is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-1.4%
Implied 1-yr
-5.7%
2026 Q3
$262K
2026 Q4
$257.9K
ZIP 32909 — Median Price History + Forecast

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