NOT LISTED FOR SALE

1030 N Banana River Dr Merritt Island, FL 32952

Estimated Value: $505,000 - $715,000

3 Beds
3.5 Baths
2,685 Sq Ft
$236/Sq Ft Est. Value

Last Sold May 24, 2013

Last sale price $92,900 $35 Per Sq Ft

Est. 558% increase in value since last sale

Current estimated payment $3,671/month

209 Days on Market

Highlights

  • Open Floorplan
  • No HOA
  • 2 Car Attached Garage
  • Corner Lot
  • Screened Porch
  • Cooling Available

About This Home

As of May 2013

This is a cute 3 bedroom 3.5 bathroom home with great space for the whole family. Upstairs loft with closet and bathroom, with upstairs bedroom. Oversized garage with separate workshop/laundry room. Spacious backyard is perfect to let the pets and kids run! Don''t miss this great buy! This is a Fannie Mae HomePath Property! Purchase this property for as little as 3% down! This property is approved for HomePath Renovation Mortgage Financing. '||chr(10)||'Addendum - OFFER INSTR REQD-Offers MUST HAVE proof of funds & as-is contract-anyexisting cond may prevent financingNo offers from investors will be accepted for review by Fannie Mae until property has been onMLS for 15 days. This is a Fannie Mae HomePath property. Purchase for as little as 3% down. This property approved for HomepathMortgage and Renovation Mortgage Financing  visit www.Homepath.com to learn more on Homepath financing and your localHomepath Lender(s). Commision can go down if price is reduced.

Last Agent to Sell the Property

Barbara Zorn

Better Homes & Gardens RE Star License #434043 Listed on: 10/05/2012

Better Homes & Gardens RE Star

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1988

Lot Details

  • 0.25 Acre Lot
  • West Facing Home
  • Corner Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Frame Construction
  • Shingle Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 2,685 Sq Ft Home
  • Open Floorplan
  • Screened Porch
  • Tile Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan

Schools

  • Audubon Elementary School
  • Jefferson Middle School
  • Merritt Island High School

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • No Home Owners Association
  • Govt Lot 1 And Unsurveyed Land On Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 24373000002710000000

Home Details

Home Type

Single Family

Year Built

Built in 1988

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1988
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Corner Lot
  • ResoSpecialListingConditions: Real Estate Owned
  • Subdivision Name: Govt Lot 1 and Unsurveyed Land On
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 24373000002710000000
  • Location Tax and Legal Elementary School: Audubon
  • Location Tax and Legal Middle School2: Jefferson
  • Location Tax and Legal High School: Merritt Island
  • Location Tax and Legal Tax Annual Amount: 3650.37
  • Location Tax and Legal Tax Year2: 2012
  • General Property Information Living Area2: 2685.0
  • General Property Information Lot Size Acres: 0.25
  • General Property Information Lot Size Square Feet2: 10890.0
  • General Property Information New Construction YN: No
  • General Property Information Waterfront YN: No
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: West
  • Cooling:Electric: Yes
  • Flooring Tile: Yes
  • Roof:Shingle: Yes
  • General Property Information Carport YN2: No
  • General Property Information Lot Size Dimensions: 0 x 10
  • Special Listing Conditions Real Estate Owned: Yes
  • Special Features: 5120
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Open Floorplan, Split Bedrooms
  • Flooring: Tile
  • Appliances: Other
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • ResoLivingAreaSource: PublicRecords
  • General Property Information Bathrooms Half: 1
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Split Bedrooms: Yes

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Acres: 0.25
  • Waterfront: No
  • Construction Type: Frame, Stucco, Wood Siding
  • Direction Faces: West
  • Patio And Porch Features: Porch, Screened
  • Construction Materials:Stucco: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Construction Materials:Frame: Yes
  • Construction Materials:Wood Siding: Yes
  • Lot Features:Corner Lot: 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
  • Parking Features:Attached: Yes

Utilities

  • Cooling: Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: Jefferson

Lot Info

  • Lot Dimensions: 0 x 10
  • Lot Size Sq Ft: 10890.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2437373
  • Parcel #: 24373000002710000000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 3650.37

MLS Schools

  • Elementary School: Audubon
  • High School: Merritt Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2012
Closed on
May 24, 2013
Sold by
Fannie Mae
Bought by
Palmer Thomas Joshua and Palmer Marlo
Seller's Agent
Barbara Zorn
Better Homes & Gardens RE Star
List Price
$101,900
Sold Price
$92,900
Premium/Discount to List
-$9,000
-8.83%
Current Estimated Value
$611,687

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$518,787
Avg. Annual Appreciation
16.37%

Purchase Details

Listed on
Oct 5, 2012
Closed on
Apr 30, 2013
Sold by
Citimortgage Inc
Bought by
Federal National Mortgage Association
Seller's Agent
Barbara Zorn
Better Homes & Gardens RE Star
List Price
$101,900
Sold Price
$92,900
Premium/Discount to List
-$9,000
-8.83%

Purchase Details

Closed on
Mar 14, 2013
Sold by
Wilson Robert and Case #2009-Ca-012065
Bought by
Citimortgage Inc

Purchase Details

Closed on
Nov 1, 2006
Sold by
Rentas Eduardo E and Rentas Holly L
Bought by
Wilson Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,000
Interest Rate
6.25%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Dec 27, 1996
Sold by
Household Realty Corp
Bought by
Rentas Eduardo E and Rentas Holly L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,241
Interest Rate
7.53%
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
Palmer Thomas Joshua $92,900 Attorney
Federal National Mortgage Association -- Attorney
Citimortgage Inc -- None Available
Wilson Robert $240,000 Aaa Title
Rentas Eduardo E $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palmer Thomas Joshua $60,000
Previous Owner Wilson Robert $289,400
Previous Owner Wilson Robert $24,000
Previous Owner Wilson Robert $192,000
Previous Owner Rentas Eduardo E $140,000
Previous Owner Rentas Eduardo E $88,241
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2013 05/24/13 Sold $92,900 -8.8% $35 / Sq Ft
04/30/2013 04/30/13 Pending -- -- --
10/03/2012 10/03/12 For Sale $101,900 -- $38 / 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
2023 $3,861 $286,310 $0 $0
2022 $3,616 $277,980 $0 $0
2021 $3,007 $269,890 $0 $0
2020 $3,697 $266,170 $0 $0
2019 $3,652 $260,190 $0 $0
2018 $3,663 $255,340 $0 $0
2017 $3,700 $250,090 $0 $0
2016 $3,767 $244,950 $93,750 $151,200
2015 $3,877 $243,250 $86,250 $157,000
2014 $4,127 $215,680 $78,750 $136,930
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 651402

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 24-37-30-00-00271.0-0000.00