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
| Date | Event | Price | Source |
|---|---|---|---|
| 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
| Year | Building | Land | Total assessed | Tax 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 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated 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 valuationQuarterly 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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Geography
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