Seller's Agent in 2015
Barbara Zorn
Better Homes & Gardens RE Star
(321) 537-6262
38 in this area
368 Total Sales
1095 Molaki Dr Merritt Island, FL 32953
Estimated Value: $542,000 - $660,000
4
Beds
2
Baths
1,720
Sq Ft
$357/Sq Ft
Est. Value
Highlights
- Boat Dock
- Home fronts navigable water
- Canal View
- Audubon Elementary School Rated 9+
- Open Floorplan
- No HOA
About This Home
As of March 2015Renovated Canal Front Home! Fresh paint, carpentry, and flooring throughout makes this home move-in ready! This spacious four bedroom, two bath home features an open floor plan, Formal Living Room or Den, Family Room, and Dining Area off of the Kitchen. Enjoy the spectacular canal view from your backyard and watch the manatees play and dolphins frolic! Charming Gazebo adds canal appeal and makes this home stunning from any angle. If you're looking for more privacy you can still overlook the wonderful waterfront from your huge Enclosed Porch. Come and relax and unwind in your dream home! This property is conveniently located close to schools, shopping, dining, and entertainment. This is a Fannie Mae HomePath Property.
Last Agent to Sell the Property
Better Homes & Gardens RE Star License #434043 Listed on: 02/02/2015
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,426
Year Built
- Built in 1966
Lot Details
- 9,020 Sq Ft Lot
- Home fronts navigable water
- Home fronts a canal
- East Facing Home
Parking
- 2 Car Attached Garage
Home Design
- Shingle Roof
- Concrete Siding
- Block Exterior
Interior Spaces
- 1,720 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Ceiling Fan
- Family Room
- Living Room
- Dining Room
- Screened Porch
- Canal Views
Kitchen
- Eat-In Kitchen
- Breakfast Bar
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Split Bedroom Floorplan
- 2 Full Bathrooms
Schools
- Audubon Elementary School
- Jefferson Middle School
- Merritt Island High School
Additional Features
- Patio
- Cable TV Available
Listing and Financial Details
- REO, home is currently bank or lender owned
- Assessor Parcel Number 24-36-23-Iy-00005.0-0023.00
Community Details
Overview
- No Home Owners Association
- Catalina Isle Estates Unit 4 Subdivision
Recreation
- Boat Dock
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 2, 2015
Closed on
Mar 26, 2015
Sold by
Fannie Mae
Bought by
Rait Scott A and Rait Karen T
Seller's Agent
Barbara Zorn
Better Homes & Gardens RE Star
Buyer's Agent
Lester Lane Hines
LoKation
List Price
$234,900
Sold Price
$250,000
Premium/Discount to List
$15,100
6.43%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$364,795
Avg. Annual Appreciation
8.98%
Original Mortgage
$258,250
Interest Rate
3.79%
Purchase Details
Closed on
Nov 4, 2014
Sold by
Phh Mortgage Corporation
Bought by
Fannie Mae and Federal National Mortgage Association
Purchase Details
Closed on
Oct 16, 2014
Sold by
Melancon Dconrad B and Melancon Conrad
Bought by
Phh Mortgage Corporation
Purchase Details
Closed on
Jun 27, 2008
Sold by
Melancon Conrad and Melancon Angela Danette
Bought by
Melancon Conrad
Purchase Details
Closed on
Dec 13, 2006
Sold by
Sheridan Anne M and Anne M Sheridan Trust
Bought by
Melancon Conrad B and Melancon Angela D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,350
Interest Rate
7.42%
Purchase Details
Closed on
Mar 26, 2002
Sold by
Sheridan Anne M
Bought by
Sheridan Anne M
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rait Scott A | $250,000 | Reo Title Company Of Fl Llc | |
| Fannie Mae | -- | Attorney | |
| Phh Mortgage Corporation | -- | Attorney | |
| Melancon Conrad | -- | Attorney | |
| Melancon Conrad B | $273,000 | Attorney | |
| Sheridan Anne M | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rait Scott A | $306,927 | |
| Closed | Rait Scott A | $85,000 | |
| Closed | Rait Scott A | $338,259 | |
| Closed | Rait Scott A | $258,250 | |
| Previous Owner | Melancon Conrad B | $259,350 | |
| Previous Owner | Sheridan Woodrow P | $40,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/26/2015 03/26/15 | Sold | $250,000 | +6.4% | $145 / Sq Ft |
| 02/06/2015 02/06/15 | Pending | -- | -- | -- |
| 12/08/2014 12/08/14 | For Sale | $234,900 | -- | $137 / Sq Ft |
Source: Space Coast MLS (Space Coast Association of REALTORS®)
Tax History Compared to Growth
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 | $4,078 | $330,180 | -- | -- |
| 2023 | $4,078 | $320,570 | $0 | $0 |
| 2022 | $3,812 | $311,240 | $0 | $0 |
| 2021 | $4,002 | $302,180 | $0 | $0 |
| 2020 | $3,975 | $298,010 | $0 | $0 |
| 2019 | $3,937 | $291,310 | $0 | $0 |
| 2018 | $3,956 | $285,880 | $0 | $0 |
| 2017 | $3,529 | $247,520 | $0 | $0 |
| 2016 | $3,594 | $242,430 | $128,000 | $114,430 |
| 2015 | $3,995 | $219,840 | $117,000 | $102,840 |
| 2014 | $3,691 | $189,680 | $117,000 | $72,680 |
Source: Public Records
Agents Affiliated with this Home
-
Barbara Zorn
-
Lester Lane Hines
Buyer's Agent in 2015
Lester Lane Hines
LoKation
(321) 458-0096
3 in this area
13 Total Sales
Map
Source: Space Coast MLS (Space Coast Association of REALTORS®)
MLS Number: 712792
APN: 24-36-23-IY-00005.0-0023.00
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