1561 Fairlee Ave
Palm Bay, FL 32907
4 bd 2 ba 2,341 sqft Built 1989 Lot 10,019 sqft single_family
Most recent sale
$420,000
Jun 24, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 24, 2022 | Sold | $420,000 | MLS #933431 |
| Apr 28, 2022 | Listed | $419,900 | MLS #933431 |
| Apr 16, 2022 | Price changed | $419,999 | MLS #931965 |
| Apr 13, 2022 | Listed | $434,999 | MLS #931965 |
| Oct 26, 2018 | Sold | $132,000 | MLS #823124 |
| Aug 29, 2018 | Listed | $137,900 | MLS #823124 |
| Jul 23, 2018 | Sold | $98,244 | Public Record |
| May 7, 2007 | Sold | $85,000 | Public Record |
| Apr 13, 2007 | Sold | $190,000 | Public Record |
| Dec 7, 2005 | Listing removed | $149,500 | SpaceCoast |
| Mar 16, 2005 | Sold | $180,000 | Public Record |
| Aug 9, 2004 | Listed | $149,500 | MLS #303259 |
| Aug 1, 1989 | Sold | $88,600 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $272,030 | $42,500 | $314,530 | $5,026 |
| 2024 | $272,030 | $42,500 | $314,530 | $5,330 |
| 2023 | $283,970 | $37,000 | $320,970 | $5,261 |
| 2021 | — | — | $162,860 | $3,444 |
| 2020 | — | — | $148,060 | $3,125 |
| 2019 | $123,570 | $11,000 | $134,570 | $3,001 |
| 2018 | $145,240 | $8,800 | $154,040 | $3,077 |
| 2017 | $131,680 | $6,800 | $138,480 | $2,901 |
| 2016 | $118,800 | $5,000 | $123,800 | $2,472 |
| 2015 | — | — | $94,960 | $2,270 |
| 2014 | — | — | $86,330 | $2,079 |
| 2013 | — | — | $78,490 | $1,890 |
| 2012 | — | — | $72,850 | $1,755 |
| 2011 | — | — | $76,150 | $1,836 |
| 2010 | — | — | $91,830 | $1,978 |
| 2009 | — | — | $118,030 | $2,381 |
| 2008 | — | — | $148,000 | $2,780 |
Property facts
Year built
1989
Property type
single_family
Stories
1
Beds
4
Baths
2
Living area
2,341 sqft
Lot size
10,019 sqft
ZIP code
32907
City
Palm Bay
Street
Fairlee Ave
Coordinates
28.03724, -80.71765
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
$4,331
Gross rental yield
12.37%
Implied cap rate
8.04%
Trend-extrapolated value
—
Frequently asked questions
When did 1561 Fairlee Ave last sell?
1561 Fairlee Ave most recently sold on Jun 24, 2022 for $420,000.
What is the current tax assessment for 1561 Fairlee Ave?
The most recent total assessment for 1561 Fairlee Ave (year 2025) is $314,530 with $5,026 in property tax.
How does 1561 Fairlee Ave's assessment compare to its last sale price?
The current assessment is 25.1% below the last sale price of $420,000.
When was 1561 Fairlee Ave built?
1561 Fairlee Ave was built in 1989.
How does 1561 Fairlee Ave compare to others on Fairlee Ave?
We track 5 other properties on Fairlee Ave. Browse the list under "Other properties on Fairlee Ave" to compare beds, baths, and sale history.
What are the property facts for 1561 Fairlee Ave?
1561 Fairlee Ave is a 4 bed, 2 bath, 2,341 sqft, 10,019 sqft lot single_family.
Is 1561 Fairlee Ave a flip candidate?
Yes — 1561 Fairlee Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1561 Fairlee Ave a tax-appeal candidate?
No — 1561 Fairlee Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-4.5%
Implied 1-yr
-17.9%
2026 Q3
$319.3K
2026 Q4
$319.3K
ZIP 32907 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Fairlee Ave