NOT LISTED FOR SALE

10460 S Tropical Trail Merritt Island, FL 32952

Estimated Value: $2,043,000 - $3,431,000

4 Beds
3 Baths
4,264 Sq Ft
$658/Sq Ft Est. Value

Last Sold April 30, 2015

Last sale price $700,000 $164 Per Sq Ft

Est. 324% increase in value since last sale

Current estimated payment $17,651/month

109 Days on Market

Highlights

  • River Front
  • 0.81 Acre Lot
  • No HOA
  • Ocean Breeze Elementary School Rated A-

About This Home

As of April 2015

SPECTACULAR RIVER TO RIVER VIEW WITH MANY MATURE TREES, THIS PROPERTY HAS DEEP WATER ON BOTH SIDES AND CAN BE SET UP FOR BOATING AND DOCKS ON BOTH THE BANANA AND INDIAN RIVERS. SELLER HIGHLY MOTIVATED. HOUSE NEEDS SIGNIFICANT REPAIRS AND MUST BE SOLD ONLY (''AS IS''). Existing home on land.

Last Agent to Sell the Property

Richard Mellen

Salt Water Realty of Brevard Listed on: 12/08/2014

Last Buyer's Agent

Robert Sisko

CENTURY 21 Baytree Realty License #633406

CENTURY 21 Baytree Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,414

Lot Details

  • 0.81 Acre Lot
  • River Front

Schools

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

Utilities

  • Septic Tank

Community Details

  • No Home Owners Association
  • Unrec Subd As Platted In Db 353 Pg 103 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 27-37-03-26-00000.0-0012.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,414

Lot Details

0

Listing Details

  • Property Type: Land
  • Reso Property Sub Type: Unimproved Land
  • Road Surface Type: Paved
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Unrec Subd As Platted In Db 353 Pg 103
  • Location Tax and Legal Parcel Number2: 27-37-03-26-00000.0-0012.00
  • 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: 10414.1
  • Location Tax and Legal Tax Year2: 2013
  • General Property Information Lot Size Acres: 0.81
  • General Property Information Lot Size Square Feet2: 35100.0
  • General Property Information Waterfront YN: Yes
  • General Property Information Senior Community YN: No
  • Utilities Electricity Connected: Yes
  • Water Source Public: Yes
  • General Property Information Lot Size Dimensions: 100.0 ft x 351.0 ft
  • General Property Information Number Of Lots2: 1.0
  • Special Features: None
  • Property Sub Type: Detached

Exterior Features

  • Acres: 0.81
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Waterfront Features:River Front: Yes

Utilities

  • Utilities: Electricity Connected
  • Water Source: Public
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: DeLaura

Lot Info

  • Number Of Lots: 1
  • Current Use: Residential, Single Family
  • Lot Dimensions: 100.0 ft x 351.0 ft
  • Lot Size Sq Ft: 35100.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 27-37-03-26-00000.0-0012.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 10414.1

MLS Schools

  • Elementary School: Ocean Breeze
  • High School: Satellite

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 14, 2017
Sold by
Phillips Alicia F and Phillips Timothy A
Bought by
Phillips Alicia F and Phillips Timothy A
Current Estimated Value
$2,968,877

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
4.03%

Purchase Details

Listed on
Dec 8, 2014
Closed on
Apr 30, 2015
Sold by
Mcniff Anne E
Bought by
Phillips Timothy A and Phillips Alicia F
Seller's Agent
Richard Mellen
Salt Water Realty of Brevard
Buyer's Agent
Robert Sisko
CENTURY 21 Baytree Realty
List Price
$925,000
Sold Price
$700,000
Premium/Discount to List
-$225,000
-24.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.80%

Purchase Details

Closed on
Oct 6, 1999
Sold by
Mcniff Gerald J and Mcniff Anne E
Bought by
Houk Valorie M and Burns Robert L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,000
Interest Rate
7.79%

Purchase Details

Closed on
Apr 14, 1995
Sold by
Schueler Stephen J and Schueler Julie A
Bought by
Mcniff Gerald J and Mcniff Anne E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
8.49%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Phillips Alicia F $100 --
Phillips Timothy A $700,000 Precise Title Inc
Houk Valorie M $300,000 --
Houk Valorie M $275,000 --
Mcniff Gerald J $550,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phillips Timothy A $275,000
Closed Mcniff Gerald J --
Previous Owner Mcniff Gerald J $513,900
Previous Owner Mcniff Gerald J $500,000
Previous Owner Houk Valorie M $430,000
Previous Owner Mcniff Gerald J $440,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2015 04/30/15 Sold $700,000 -24.3% $164 / Sq Ft
03/28/2015 03/28/15 Pending -- -- --
12/08/2014 12/08/14 For Sale $925,000 -- $217 / 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 $15,046 $1,214,700 $0 $0
2022 $14,055 $1,179,330 $0 $0
2021 $14,841 $1,144,990 $0 $0
2020 $14,899 $1,129,190 $0 $0
2019 $14,965 $1,103,810 $0 $0
2018 $15,091 $1,083,230 $0 $0
2017 $8,247 $581,000 $0 $0
2016 $11,243 $713,800 $563,050 $150,750
2015 $14,623 $883,000 $511,860 $371,140
2014 -- $638,050 $484,920 $153,130
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 712771

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-37-03-26-00000.0-0012.00