$462,000 - $668,000
RENTED MAR 24, 2025

1040 N Banana River Dr Merritt Island, FL 32952

3 Beds
3 Baths
1,460 Sq Ft
$410 Price per Sq Ft

Last Sold March 07, 2022

Last sale price $645,000 $442 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $3,923/month

Highlights

  • Water Views
  • Above Ground Pool
  • Deck
  • Home fronts navigable water
  • RV Access or Parking
  • Screened Porch

About This Home

As of March 2025

Don't miss this large.,1944 sq. ft. home with 3 bedrooms & 3 baths, corner-lot, canal-front home. Includes a covered boat dock with lift & electricity. Will fit a 25 ft. boat up to 6000 lbs. Canal direct to the open water in the Banana River-NO bridge restrictions! 2 driveways, (1) paved and leading to the detached, 2 car, custom built, 30x 24 garage with metal roof. Room for toys! Includes above-ground pool. New roof, AV, WH and more. Remodeled kitchen with SS appliances. Hurricane shutters & extra room off master that could be an office or craft room, fruit trees, fully fenced and 3 separate patios. Great for multi- generation family .

Last Agent to Rent the Property

Karen Gunn-Bardot

Space Coast Realty & Inv. LLC License #3273992 Listed on: 12/04/2024

Last Renter's Agent

Donna Gianotti-Kelley

Space Coast Realty & Inv. LLC License #3242222

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,525

Year Built

  • Built in 1960

Lot Details

  • 0.33 Acre Lot
  • Home fronts navigable water
  • Home fronts a canal
  • West Facing Home
  • Fenced

Parking

  • 2 Car Detached Garage
  • RV Access or Parking

Interior Spaces

  • 1,460 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Screened Porch
  • Water Views
  • Hurricane or Storm Shutters

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Spa Bath

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Above Ground Pool
  • Deck

Additional Homes

  • Accessory Dwelling Unit (ADU)

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Community Details

  • Sunny Sites Unit 2 Subdivision

Listing and Financial Details

  • Security Deposit $5,625
  • Property Available on 12/4/24
  • Tenant pays for cable TV, electricity, sewer, trash collection, water
  • The owner pays for grounds care, pool maintenance
  • Rent includes gardener
  • $100 Application Fee
  • Assessor Parcel Number 24-37-30-25-00000.0-0007.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,525

Year Built

Built in 1960

Lot Details

0

Parking

2

Rental Info

  • Furnished: Unfurnished
  • Rent Includes: Gardener
  • Tenant Pays: Cable TV, Electricity, Sewer, Trash Collection, Water
  • Lease Term: 12 Months
  • Owner Pays: Grounds Care, Pool Maintenance
  • Available Date: 2024-12-04

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1960
  • Reso Property Sub Type: Single Family Residence
  • Reso View: Water
  • Water Body Name: Banana River
  • ResoSpecialListingConditions: Smoking Prohibited
  • Subdivision Name: Sunny Sites Unit 2
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: Yes
  • Unit Levels: One
  • Location Tax and Legal Parcel Number2: 24-37-30-25-00000.0-0007.00
  • Location Tax and Legal Elementary School: Audubon
  • Location Tax and Legal Middle School2: Jefferson
  • Location Tax and Legal High School: Merritt Island
  • General Property Information Living Area2: 1460.0
  • General Property Information Lot Size Acres: 0.33
  • General Property Information Waterfront YN: Yes
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: West
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Fencing Fenced2: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Levels One: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • View Water3: Yes
  • General Property Information Stories Total: 1
  • Pets Allowed Breed Restrictions: Yes
  • Accessory Dwelling Information ADU Attached YN: Yes
  • Deposits and Fees Application Fee: 100.0
  • Deposits and Fees Security Deposit: 5625.0
  • Utilities Electricity Available: Yes
  • Deposits and Fees Pet FeeDeposit: 500.0
  • Pool Features Above Ground: Yes
  • Special Listing Conditions Smoking Prohibited: Yes
  • General Property Information Stories2: 1
  • General Property Information:Pool Private YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Walk-In Closet(s)
  • Spa Features: Bath
  • Appliances: Dishwasher, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Stories: 1
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Spa Features:Bath: Yes

Exterior Features

  • Exterior Features: Storm Shutters
  • Pool Features: Above Ground
  • Fencing: Fenced
  • Acres: 0.33
  • Pool Private: Yes
  • Waterfront Features: Canal Front, Navigable Water
  • Waterfront: Yes
  • Direction Faces: West
  • Patio And Porch Features: Deck, Porch, Screened
  • Patio And Porch Features:Deck: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Exterior Features:Storm Shutters: Yes
  • Waterfront Features:Canal Front: Yes
  • Waterfront Features:Navigable Water: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage, RV Access/Parking
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Garage: Yes
  • Parking Features:RV AccessParking: Yes
  • Parking Features:Detached: Yes

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Electricity Available, Water Available
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Central: Yes
  • Heating:Electric3: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Jefferson

Lot Info

  • Lot Size Sq Ft: 14374.8
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2437543
  • Parcel #: 24-37-30-25-00000.0-0007.00
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Audubon
  • High School: Merritt Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2022
Closed on
Mar 4, 2022
Sold by
Kelly Douglas L and Kelly Margaret R
Bought by
Batarse Charles and Batarse Lorena
Seller's Agent
Antonio Gagliardi
RE/MAX Aerospace Realty
Buyer's Agent
Angela Lawless
RE/MAX Elite
List Price
$689,000
Sold Price
$645,000
Premium/Discount to List
-$44,000
-6.39%
Total Days on Market
110
Current Estimated Value
$617,187

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$27,813
Avg. Annual Appreciation
-1.26%
Original Mortgage
$395,000
Outstanding Balance
$371,477
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$245,954

Purchase Details

Listed on
Feb 5, 2013
Closed on
Mar 14, 2013
Sold by
Chumley Sarah E and Chumley Jason P
Bought by
Kelly Douglas and Kelly Margaret R
Seller's Agent
Andrew Barclay
RE/MAX Elite
Buyer's Agent
Leon McDaniel
Daignault Realty Inc
List Price
$164,900
Sold Price
$161,000
Premium/Discount to List
-$3,900
-2.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.71%
Original Mortgage
$152,950
Interest Rate
3.56%

Purchase Details

Closed on
Apr 28, 2011
Sold by
Spencer Lori A
Bought by
Schroeder Sarah E and Chumley Jason P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,577
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 30, 2004
Sold by
Sich John S
Bought by
Spencer Lori A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,400
Interest Rate
3.37%
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
Batarse Charles $645,000 Supreme Title Closings
Kelly Douglas $161,000 International Title & Escrow
Schroeder Sarah E $135,000 Precise Title Inc
Spencer Lori A $258,000 Fidelity National Title Insu
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Batarse Charles $395,000
Previous Owner Kelly Douglas L $224,503
Previous Owner Kelly Douglas L $100,000
Previous Owner Kelly Douglas L $68,600
Previous Owner Kelly Douglas $152,950
Previous Owner Schroeder Sarah E $131,577
Previous Owner Spencer Lori A $50,000
Previous Owner Spencer Lori A $268,000
Previous Owner Spencer Lori A $206,400
Closed Spencer Lori A $51,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2025 03/24/25 Rented $3,750 0.0% --
03/12/2025 03/12/25 Price Changed $3,750 -1.3% $3 / Sq Ft
02/20/2025 02/20/25 Price Changed $3,800 -2.6% $3 / Sq Ft
01/17/2025 01/17/25 Price Changed $3,900 -2.5% $3 / Sq Ft
12/04/2024 12/04/24 For Rent $4,000 -4.8% --
03/29/2024 03/29/24 Rented $4,200 0.0% --
03/18/2024 03/18/24 Under Contract -- -- --
03/04/2024 03/04/24 For Rent $4,200 +5.0% --
05/13/2022 05/13/22 Rented $4,000 0.0% --
05/11/2022 05/11/22 Under Contract -- -- --
03/22/2022 03/22/22 For Rent $4,000 0.0% --
03/07/2022 03/07/22 Sold $645,000 -6.4% $332 / Sq Ft
01/26/2022 01/26/22 Pending -- -- --
01/10/2022 01/10/22 For Sale $689,000 +328.0% $354 / Sq Ft
03/15/2013 03/15/13 Sold $161,000 -2.4% $110 / Sq Ft
02/08/2013 02/08/13 Pending -- -- --
02/05/2013 02/05/13 For Sale $164,900 -- $113 / 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 $6,525 $483,840 $208,000 $275,840
2022 $4,560 $336,340 $0 $0
2021 $2,672 $199,960 $0 $0
2020 $2,628 $197,200 $0 $0
2019 $2,150 $161,860 $0 $0
2018 $2,151 $158,850 $0 $0
2017 $2,165 $155,590 $0 $0
2016 $2,193 $152,390 $100,000 $52,390
2015 $2,247 $151,340 $92,000 $59,340
2014 $2,260 $150,140 $93,500 $56,640
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 1031134

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 24-37-30-25-00000.0-0007.00