NOT LISTED FOR SALE

1125 Molaki Dr Merritt Island, FL 32953

Estimated Value: $426,000 - $616,000

3 Beds
2 Baths
1,188 Sq Ft
$446/Sq Ft Est. Value

Last Sold June 20, 2014

Last sale price $210,000 $177 Per Sq Ft

Est. 152% increase in value since last sale

Current estimated payment $3,088/month

50 Days on Market

Highlights

  • Boat Dock
  • Home fronts navigable water
  • Open Floorplan
  • Audubon Elementary School Rated 9+
  • In Ground Pool
  • Canal View

About This Home

As of June 2014

Pool home on the canal, private boat dock, 1 Car garage, 3 Bedroom 2 Bathrooms enclosed porch and covered patio area, attached mother-in-law suite, 1,188 sq. ft. living. Brand new pool! Needs interior updating. This is a Fannie Mae HomePath property. This property is approved for HomePath Mortgage and HomePath Renovation Mortgage. Purchase this property for as little as 5% down

Last Agent to Sell the Property

Nick Farinella

Coldwell Banker Realty License #536213 Listed on: 03/28/2014

Coldwell Banker Realty

Co-Listed By

Garrett Bell

Coldwell Banker Realty

Last Buyer's Agent

Danielle McBee

Florida Property Center

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,618

Year Built

  • Built in 1966

Lot Details

  • 9,020 Sq Ft Lot
  • Home fronts navigable water
  • Home fronts a canal
  • South Facing Home

Parking

  • 1 Car Attached Garage

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 1,188 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Canal Views

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • In Ground Pool
  • Patio
  • Porch

Schools

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

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 24-36-23-Iy-00005.0-0026.00

Community Details

Overview

  • No Home Owners Association
  • Catalina Isle Estates Unit 4 Subdivision

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,618

Year Built

Built in 1966

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1966
  • Reso Property Sub Type: Single Family Residence
  • Reso View: Canal
  • Reso Association Amenities: Boat Dock
  • Co List Office Mls Id: cwbk5
  • Co List Office Phone: 321-259-5280
  • ResoSpecialListingConditions: Real Estate Owned
  • Subdivision Name: Catalina Isle Estates Unit 4
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 24-36-23-Iy-00005.0-0026.00
  • 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: 2617.64
  • Location Tax and Legal Tax Year2: 2013
  • General Property Information Living Area2: 1188.0
  • General Property Information Building Area Total3: 1659.0
  • General Property Information Lot Size Acres: 0.21
  • General Property Information Lot Size Square Feet2: 9020.0
  • General Property Information New Construction YN: No
  • General Property Information Waterfront YN: Yes
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: South
  • Flooring Tile: Yes
  • Flooring Wood: Yes
  • Levels One: Yes
  • Pool Features In Ground: Yes
  • Pool Features Private: Yes
  • Roof:Shingle: Yes
  • Flooring Carpet: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • General Property Information Lot Size Dimensions: 82.0 ft x 110.0 ft
  • ViewCanal: Yes
  • Special Listing Conditions Real Estate Owned: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Open Floorplan, Split Bedrooms, Walk-In Closet(s)
  • Flooring: Carpet, Tile, Wood
  • Appliances: None
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • ResoLivingAreaSource: PublicRecords
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:None: Yes

Exterior Features

  • Pool Features: In Ground, Private
  • Roof: Shingle
  • Acres: 0.21
  • Waterfront Features: Canal Front, Navigable Water
  • Waterfront: Yes
  • Construction Type: Block, Concrete
  • Direction Faces: South
  • Patio And Porch Features: Patio, Porch
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Waterfront Features:Canal Front: Yes
  • Waterfront Features:Navigable Water: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes

Utilities

  • Utilities: Water Available

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No
  • Association Amenities:Boat Dock: Yes

Schools

  • Middle Or Junior School: Jefferson

Lot Info

  • Lot Dimensions: 82.0 ft x 110.0 ft
  • Lot Size Sq Ft: 9020.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2417357
  • Parcel #: 24-36-23-Iy-00005.0-0026.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 2617.64

MLS Schools

  • Elementary School: Audubon
  • High School: Merritt Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2014
Closed on
Jun 20, 2014
Sold by
Fannie Mae
Bought by
Chuvala Lara J
Seller's Agent
Nick Farinella
Coldwell Banker Realty
Buyer's Agent
Danielle McBee
Florida Property Center
List Price
$234,900
Sold Price
$210,000
Premium/Discount to List
-$24,900
-10.6%
Current Estimated Value
$529,791

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$319,791
Avg. Annual Appreciation
8.51%
Original Mortgage
$199,500
Outstanding Balance
$151,915
Interest Rate
4.23%
Estimated Equity
$377,876

Purchase Details

Closed on
Jun 10, 2010
Sold by
Pavey Christopher J
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 15, 2005
Sold by
Shaak David A and Shaak Suzette D
Bought by
Pavey Christopher J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,600
Interest Rate
1.75%

Purchase Details

Closed on
Oct 10, 2003
Sold by
Ames Virginia G and Ames Family Trust
Bought by
Shaak David A and Shaak Suzette D

Purchase Details

Closed on
Aug 22, 1995
Sold by
Ames Winslow and Ames Virginia G
Bought by
Ames Winslow
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
Chuvala Lara J $210,000 Stewart
Federal National Mortgage Association $371,600 Commerce Title Company
Pavey Christopher J $394,500 Security First Title Partner
Shaak David A $224,900 Space Coast Title Company
Ames Winslow -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chuvala Lara J $199,500
Previous Owner Pavey Christopher J $315,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/20/2014 06/20/14 Sold $210,000 -10.6% $177 / Sq Ft
05/16/2014 05/16/14 Pending -- -- --
03/27/2014 03/27/14 For Sale $234,900 -- $198 / 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
2025 $3,322 $276,530 -- --
2024 $3,290 $268,740 -- --
2023 $3,290 $260,920 $0 $0
2022 $2,815 $231,570 $0 $0
2021 $2,939 $224,830 $0 $0
2020 $2,912 $221,730 $0 $0
2019 $2,865 $216,750 $0 $0
2018 $2,875 $212,710 $0 $0
2017 $2,908 $208,340 $0 $0
2016 $2,958 $204,060 $128,000 $76,060
2015 $3,438 $188,020 $117,000 $71,020
2014 $3,292 $171,020 $117,000 $54,020
Source: Public Records

Agents Affiliated with this Home

  • Nick Farinella

    Seller's Agent in 2014

    Nick Farinella

    Coldwell Banker Realty

    (321) 704-1600

    22 in this area

    311 Total Sales

    Nick Farinella
    Section Image

  • G

    Seller Co-Listing Agent in 2014

    Garrett Bell

    Coldwell Banker Realty

  • D

    Buyer's Agent in 2014

    Danielle McBee

    Florida Property Center

See All Agents

Map

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

MLS Number: 692841

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 24-36-23-IY-00005.0-0026.00

Florida Brevard County Merritt Island 32953

1125 Molaki Dr, Merritt Island, FL

This home is located at 1125 Molaki Dr, Merritt Island, FL 32953 since 28 March 2014 and is currently estimated at $529,791, approximately $445 per square foot. This property was built in 1966. 1125 Molaki Dr is a home located in Brevard County with nearby schools including Audubon Elementary School, Thomas Jefferson Middle School, and Merritt Island High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Space Coast MLS (Space Coast Association of REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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