NOT LISTED FOR SALE

1055 Shady Ln Merritt Island, FL 32952

Estimated Value: $665,000 - $863,000

4 Beds
3.5 Baths
3,204 Sq Ft
$231/Sq Ft Est. Value

Last Sold May 21, 2021

Last sale price $500,000 $156 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $4,109/month

5 Days on Market

Highlights

  • In Ground Pool
  • RV Access or Parking
  • Vaulted Ceiling
  • The property is located in a historic district
  • 0.55 Acre Lot
  • Wood Flooring

About This Home

As of May 2021

KeyWest meets Mid Century Charm! Rare find with over 3200sqft of value and further easy equity. Completely cleared front lot on beautiful river road along South Trop is currently used as main drive access. Entire Property hugs corner. Frontage on S. Tropical. So much room to expand, build, and spread out your boats, RV's, and toys! Massive two story, two car garage, with game room or workshop. This is a beautiful multi level home with 2 master suites. The downstairs master suite provides separate entrance, driveway, a massive bath, and bonus 5th bedroom. Private enough to use as a separate income producing property, mother-in-law quarters, or teen/college suite. This home has been updated with new roof, 3new HVAC systems, updated electrical, and mor

Last Agent to Sell the Property

Rachel DeCamp

RISE Realty Services Listed on: 03/26/2021

Last Buyer's Agent

Tim Street

Epique Realty Inc. License #3491502

Epique Realty Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,266

Year Built

  • Built in 1975

Lot Details

  • 0.55 Acre Lot
  • North Facing Home
  • Wood Fence
  • Corner Lot

Parking

  • 2 Car Attached Garage
  • RV Access or Parking

Home Design

  • Shingle Roof
  • Wood Roof
  • Wood Siding

Interior Spaces

  • 3,204 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Great Room
  • Loft
  • Bonus Room
  • Pool Views
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • Bathtub and Shower Combination in Primary Bathroom

Outdoor Features

  • In Ground Pool
  • Patio
  • Separate Outdoor Workshop
  • Shed

Schools

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

Utilities

  • Cooling Available
  • Heating Available
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Additional Features

  • Accessory Dwelling Unit (ADU)
  • The property is located in a historic district

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 25-36-24-00-00013.0-0000.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,266

Year Built

Built in 1975

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1975
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Corner Lot, Historic Area
  • Reso View: Pool
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: None
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Multi/Split, Two
  • New Construction: No
  • Reso Other Structures: Shed(s), Workshop
  • Location Tax and Legal Parcel Number2: 25-36-24-00-00013.0-0000.00
  • Location Tax and Legal Elementary School: Tropical
  • Location Tax and Legal Middle School2: Jefferson
  • Location Tax and Legal High School: Merritt Island
  • Location Tax and Legal Tax Annual Amount: 4266.17
  • Location Tax and Legal Tax Year2: 2020
  • General Property Information Living Area2: 3204.0
  • General Property Information Building Area Total3: 4356.0
  • General Property Information Lot Size Acres: 0.55
  • General Property Information Lot Size Square Feet2: 23958.0
  • 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: North
  • Appliances Refrigerators: Yes
  • Cooling:Electric: Yes
  • Fencing Fenced2: Yes
  • Fencing Wood2: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Flooring Wood: Yes
  • Pets Allowed Yes: Yes
  • Pool Features In Ground: Yes
  • Pool Features Private: Yes
  • Roof:Shingle: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • View Pool: Yes
  • Flooring Carpet: Yes
  • Levels Two: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • Other Structures Shed(s): Yes
  • Room Types Great Room: Yes
  • Other Structures Workshop: Yes
  • Room Types Laundry: Yes
  • Flooring Vinyl: Yes
  • Room Types Bonus Room: Yes
  • Room Types Loft: Yes
  • Lot Features Historic Area: Yes
  • Interior Features Jack and Jill Bath: Yes
  • Accessory Dwelling Information Dwelling Type: Apartment
  • Accessory Dwelling Information ADU Attached YN: Yes
  • Levels MultiSplit: Yes
  • Roof Wood3: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-in Features, Eat-in Kitchen, Jack and Jill Bath, Kitchen Island, Primary Bathroom - Tub with Shower, Primary Downstairs, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
  • Flooring: Carpet, Vinyl, Wood
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Refrigerator
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning, Other
  • ResoLivingAreaSource: PublicRecords
  • General Property Information Bathrooms Half: 1
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Interior Features:Primary Downstairs: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Built-in Features: Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Fireplace Features:Wood Burning: Yes

Exterior Features

  • Pool Features: In Ground, Private, Other
  • Roof: Shingle, Wood
  • Fencing: Fenced, Wood
  • Acres: 0.55
  • Waterfront: No
  • Construction Type: Wood Siding
  • Direction Faces: North
  • Patio And Porch Features: Patio
  • Patio And Porch Features:Patio: Yes
  • Construction Materials:Wood Siding: Yes
  • Lot Features:Corner Lot: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, RV Access/Parking
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Attached: Yes
  • Parking Features:RV AccessParking: Yes

Utilities

  • Cooling: Electric
  • Utilities: Cable Available, Electricity Connected
  • Heating: Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric3: Yes
  • 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: Jefferson

Lot Info

  • Lot Size Sq Ft: 23958.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2511432
  • Parcel #: 25-36-24-00-00013.0-0000.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 4266.17

MLS Schools

  • Elementary School: Tropical
  • High School: Merritt Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 28, 2023
Sold by
Street Timothy
Bought by
Timothy J Street Trust and Street
Current Estimated Value
$731,677

Purchase Details

Listed on
Mar 26, 2021
Closed on
May 21, 2021
Sold by
Decamp Rachel A and Decamp Scott A
Bought by
Street Timothy
Seller's Agent
Rachel DeCamp
RISE Realty Services
Buyer's Agent
Tim Street
Epique Realty Inc.
List Price
$499,999
Sold Price
$500,000
Premium/Discount to List
$1
0.0%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.87%
Original Mortgage
$475,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 5, 2019
Closed on
May 17, 2019
Sold by
Garutti Angelo R and Garutti Carol A
Bought by
Decamp Rachel A and Decamp Scott A
Seller's Agent
Caroline Rowe
RE/MAX Solutions
Buyer's Agent
Rachel DeCamp
RISE Realty Services
List Price
$250,000
Sold Price
$219,000
Premium/Discount to List
-$31,000
-12.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
50.79%
Original Mortgage
$200,000
Interest Rate
4.1%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

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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
Timothy J Street Trust $100 None Listed On Document
Street Timothy $500,000 Attorney
Decamp Rachel A $219,000 Island T&E Agcy Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Street Timothy $130,000
Previous Owner Street Timothy $475,000
Previous Owner Decamp Rachel A $200,000
Previous Owner Garutti Angelo R $35,000
Previous Owner Garutti Carol A $30,667
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2021 05/21/21 Sold $500,000 0.0% $156 / Sq Ft
03/31/2021 03/31/21 Price Changed $500,000 0.0% $156 / Sq Ft
03/30/2021 03/30/21 Pending -- -- --
03/25/2021 03/25/21 For Sale $499,999 +128.3% $156 / Sq Ft
05/17/2019 05/17/19 Sold $219,000 0.0% $73 / Sq Ft
03/21/2019 03/21/19 Pending -- -- --
02/25/2019 02/25/19 Price Changed $219,000 -12.4% $73 / Sq Ft
02/04/2019 02/04/19 For Sale $250,000 -- $83 / 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 $814 $331,640 $0 $0
2022 $789 $321,990 $0 $0
2021 $4,299 $271,630 $84,000 $187,630
2020 $4,266 $269,870 $82,000 $187,870
2019 $2,743 $162,330 $77,000 $85,330
2018 $494 $90,970 $0 $0
2017 $478 $84,300 $0 $0
2016 $472 $82,570 $37,000 $45,570
2015 $1,081 $82,000 $37,000 $45,000
2014 $1,080 $81,350 $37,000 $44,350
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 900452

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 25-36-24-00-00013.0-0000.00