NOT LISTED FOR SALE

10140 S Tropical Trail Merritt Island, FL 32952

Estimated Value: $1,731,000 - $3,886,958

3 Beds
3 Baths
2,171 Sq Ft
$1,388/Sq Ft Est. Value

Last Sold July 02, 2020

Last sale price $815,000 $375 Per Sq Ft

Est. 270% increase in value since last sale

Current estimated payment $16,642/month

115 Days on Market

Highlights

  • Boat Dock
  • River View
  • Vaulted Ceiling
  • Ocean Breeze Elementary School Rated A-
  • Deck
  • No HOA

About This Home

As of July 2020

The view is stunning with 155 feet of Banana River and 55 feet of Indian River frontage. A very private river property with 1.2 acres nestled between Mathers Bridge and Pineda Causeway. Enjoy coffee on the Banana River dock watching the dolphins play in the morning then an aperitif on the Indian River for the sunset in the evening. Call for your appointment today.

Last Agent to Sell the Property

Ellis Wong

RE/MAX Elite License #3284803 Listed on: 05/04/2020

RE/MAX Elite

Co-Listed By

Chris Henderson

RE/MAX Elite

Last Buyer's Agent

Jack Jeffcoat

Ellingson Properties License #3072354

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,446

Year Built

  • Built in 1951

Lot Details

  • 1.2 Acre Lot
  • River Front
  • West Facing Home
  • Irregular Lot
  • Flag Lot
  • Few Trees

Parking

  • 2 Car Attached Garage

Home Design

  • Fixer Upper
  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,171 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • River Views
  • Laundry in Garage

Kitchen

  • Breakfast Bar
  • Dishwasher

Flooring

  • Carpet
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 3 Full Bathrooms

Outdoor Features

  • Deck
  • Separate Outdoor Workshop
  • Porch

Schools

  • Ocean Breeze Elementary School
  • Delaura Middle School
  • Satellite High School

Utilities

  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 26-37-34-Dw-00000.0-0005.00

Community Details

Overview

  • No Home Owners Association
  • J W Stewarts Association
  • J W Stewarts Subdivision

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,446

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1951
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: In Garage
  • ResoLotFeatures: Few Trees, Flag Lot, Irregular Lot
  • Reso View: River, Water
  • Reso Association Amenities: Boat Dock
  • Co List Office Mls Id: reli0
  • Co List Office Phone: 321-752-5858
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: J W Stewarts
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Reso Other Structures: Workshop
  • Reso Property Condition: Fixer
  • Location Tax and Legal Parcel Number2: 26-37-34-Dw-00000.0-0005.00
  • Location Tax and Legal Elementary School: Ocean Breeze
  • Location Tax and Legal Middle School2: DeLaura
  • Location Tax and Legal High School: Satellite
  • Location Tax and Legal Tax Annual Amount: 9445.57
  • Location Tax and Legal Tax Year2: 2019
  • General Property Information Living Area2: 2171.0
  • General Property Information Building Area Total3: 2941.0
  • General Property Information Lot Size Acres: 1.2
  • General Property Information Lot Size Square Feet2: 52272.0
  • General Property Information New Construction YN: No
  • General Property Information Waterfront YN: Yes
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: West
  • Flooring Tile: Yes
  • Levels One: Yes
  • Roof:Shingle: Yes
  • Utilities Electricity Connected: Yes
  • Flooring Carpet: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • View Water3: Yes
  • Other Structures Workshop: Yes
  • Flooring Concrete: Yes
  • Property Condition Fixer: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Bar, Split Bedrooms, Vaulted Ceiling(s)
  • Flooring: Carpet, Concrete, Tile
  • Appliances: Dishwasher
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Vaulted Ceiling(s): Yes

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Acres: 1.2
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: West
  • Patio And Porch Features: Deck, Porch
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio And Porch Features:Deck: Yes
  • Patio and Porch Features:Porch: Yes
  • Lot Features:Few Trees: Yes
  • Lot Features:Irregular Lot: Yes
  • View:River: Yes
  • Lot Features:Flag Lot: Yes
  • Waterfront Features:River Front: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Laundry Features:In Garage: Yes
  • Parking Features:Attached: Yes

Utilities

  • Utilities: Electricity Connected, Water Available
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Name: J W STEWARTS
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No
  • General Property Information:Association Name: J W STEWARTS
  • Association Amenities:Boat Dock: Yes

Schools

  • Middle Or Junior School: DeLaura

Lot Info

  • Lot Size Sq Ft: 52272.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2611757
  • Parcel #: 26-37-34-Dw-00000.0-0005.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 9445.57

MLS Schools

  • Elementary School: Ocean Breeze
  • High School: Satellite

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2020
Closed on
Jul 7, 2020
Sold by
Osorio Christopher R and Osorio Victoria R
Bought by
Patel Vishnu G and Patel Meghavi V
Seller's Agent
Ellis Wong
RE/MAX Elite
Buyer's Agent
Jack Jeffcoat
Ellingson Properties
List Price
$899,000
Sold Price
$815,000
Premium/Discount to List
-$84,000
-9.34%
Current Estimated Value
$3,012,653

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,197,653
Avg. Annual Appreciation
31.51%
Original Mortgage
$500,000
Interest Rate
3.1%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 19, 2016
Sold by
Chapman Laurie J
Bought by
Osorio Christopher R and Osorio Victoria R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
3.45%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 23, 2006
Sold by
Chapman Glenn S
Bought by
Chapman Glenn S
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Patel Vishnu G $815,000 Prestige Ttl Of Brevard Llc
Osorio Christopher R $715,000 Title Security And Escrow Of
Osorio Christopher Ryan -- Title Security And Escrow
Chapman Glenn S -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Vishnu G $2,000,000
Closed Patel Vishnu G $500,000
Previous Owner Osorio Christopher R $155,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2023 12/23/23 Off Market $815,000 -- --
07/02/2020 07/02/20 Sold $815,000 -9.3% $375 / Sq Ft
06/04/2020 06/04/20 Pending -- -- --
05/04/2020 05/04/20 For Sale $899,000 +10.3% $414 / Sq Ft
03/21/2020 03/21/20 Off Market $815,000 -- --
02/09/2020 02/09/20 For Sale $899,000 -- $414 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $8,791 $2,589,550 -- --
2023 $8,791 $751,590 $0 $0
2022 $8,031 $751,610 $0 $0
2021 $7,082 $534,000 $526,670 $7,330
2020 $9,180 $660,050 $493,800 $166,250
2019 $9,446 $663,030 $493,800 $169,230
2018 $9,631 $658,120 $493,800 $164,320
2017 $9,769 $640,120 $493,800 $146,320
2016 $472 $562,730 $562,730 $0
2015 $460 $347,100 $347,100 $0
2014 $460 $335,670 $335,670 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Space Coast MLS (Space Coast Association of REALTORS®)

MLS Number: 866349

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 26-37-34-DW-00000.0-0005.00