NOT LISTED FOR SALE

11540 Dragon Point Dr Merritt Island, FL 32952

Estimated Value: $1,344,679 - $1,473,000

3 Beds
3 Baths
2,077 Sq Ft
$674/Sq Ft Est. Value

Last Sold June 15, 2021

Last sale price $1,110,000 $534 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $8,567/month

209 Days on Market

Highlights

  • Boat Dock
  • Boat Lift
  • River Front
  • Ocean Breeze Elementary School Rated A-
  • Intracoastal View
  • Deck

About This Home

As of June 2021

Where the Banana & Indian Rivers meet, this barrier island property showcases captivating views! 1st & 2nd-story decks overlook the water, as a private boat dock & lift are ready for launch! Big windows infuse this home w/natural light. A dramatic stained-glass ceiling crowns an open wood staircase to the sun-lit upstairs living rm. Multiple sliders lead to the wrap-around deck & waterscapes. Feast under the stars in the glass-topped dining area! A modern granite kitchen features SS appliances, ambient lighting & glass door cabinetry. The main owner's suite exhibits balcony access, 2 closets & a tiled bath w/soaking tub. A downstairs bdrm. w/deck entry & attached bath is ideal as a 2nd owner's suite or in-law quarters. A generator & 3M windows add energy-efficiency & protection!

Last Agent to Sell the Property

DeWayne Carpenter

Compass Florida, LLC License #644362 Listed on: 02/06/2021

Compass Florida, LLC

Co-Listed By

Kirk Kessel

Compass Florida, LLC License #3204460

Last Buyer's Agent

Non-Member Non-Member Out Of Area

Non-MLS or Out of Area License #nonmls

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,006

Year Built

  • Built in 1981

Lot Details

  • 10,019 Sq Ft Lot
  • River Front
  • West Facing Home

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Additional Parking

Property Views

  • Intracoastal
  • River

Home Design

  • Frame Construction
  • Metal Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 2,077 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Skylights
  • Family Room
  • Dining Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Dual Closets
  • In-Law or Guest Suite
  • 3 Full Bathrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Boat Lift
  • Balcony
  • Deck
  • Wrap Around Porch

Schools

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

Utilities

  • Whole House Permanent Generator
  • Propane
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 27-37-10-Ek-00000.0-0004.00

Community Details

Overview

  • No Home Owners Association
  • Tropic Pt Waterfront Est, Replat Association
  • Tropic Pt Waterfront Est Replat Subdivision

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,006

Year Built

Built in 1981

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1981
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, In Garage, Washer Hookup
  • Reso View: River, Water, Intracoastal
  • Reso Association Amenities: Boat Dock
  • Co List Office Mls Id: spc.ocflo4
  • Co List Office Phone: 321-214-8400
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Tropic Pt Waterfront Est Replat
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Financial Info Electric: Whole House Generator
  • Location Tax and Legal Parcel Number2: 27-37-10-Ek-00000.0-0004.00
  • 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: 6006.04
  • Location Tax and Legal Tax Year2: 2019
  • General Property Information Living Area2: 2077.0
  • General Property Information Building Area Total3: 3074.0
  • General Property Information Lot Size Acres: 0.23
  • General Property Information Lot Size Square Feet2: 10019.0
  • 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: West
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Utilities Electricity Connected: Yes
  • Flooring Carpet: Yes
  • Levels Two: Yes
  • Water Source Public: Yes
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • General Property Information Carport YN2: No
  • View Water3: Yes
  • Room Types Dining Room: Yes
  • Room Types Family Room: Yes
  • Room Types Laundry: Yes
  • Electric Whole House Generator: Yes
  • Interior Features Guest Suite: Yes
  • Utilities Propane3: Yes
  • Exterior Features Boat Lift: Yes
  • View Intracoastal: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen, Guest Suite, His and Hers Closets, Pantry, Primary Bathroom - Tub with Shower, Primary Bathroom -Tub with Separate Shower, Skylight(s), Split Bedrooms
  • Flooring: Carpet, Tile
  • Appliances: Dishwasher, Disposal, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:His and Hers Closets: Yes
  • Interior Features:Skylight(s): Yes

Exterior Features

  • Exterior Features: Balcony, Boat Lift
  • Pool Features: None
  • Roof: Metal
  • Acres: 0.23
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Construction Type: Frame, Stucco, Wood Siding
  • Direction Faces: West
  • Patio And Porch Features: Deck, Porch, Wrap Around
  • Construction Materials:Stucco: Yes
  • Patio And Porch Features:Deck: Yes
  • Patio and Porch Features:Porch: Yes
  • Construction Materials:Frame: Yes
  • Construction Materials:Wood Siding: Yes
  • Exterior Features:Balcony: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Patio And Porch Features:Wrap Around: Yes
  • View:River: Yes
  • Waterfront Features:River Front: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Additional Parking, Attached, Garage Door Opener
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Laundry Features:In Garage: Yes
  • Parking Features:Additional Parking: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association Name: TROPIC PT WATERFRONT EST, REPLAT
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No
  • General Property Information:Association Name: TROPIC PT WATERFRONT EST, REPLAT
  • Association Amenities:Boat Dock: Yes

Schools

  • Middle Or Junior School: DeLaura

Lot Info

  • Lot Size Sq Ft: 10019.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2712508
  • Parcel #: 27-37-10-Ek-00000.0-0004.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 6006.04

MLS Schools

  • Elementary School: Ocean Breeze
  • High School: Satellite

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 13, 2021
Sold by
Glista Stefan M and Glista Katherine W
Bought by
Glista Stefan M and Glista Katherine W
Current Estimated Value
$1,400,420

Purchase Details

Listed on
Feb 6, 2021
Closed on
Jun 15, 2021
Sold by
Jurak Joseph Richard
Bought by
Glista Stefan M and Glista Katherine W
Seller's Agent
DeWayne Carpenter
Compass Florida, LLC
Buyer's Agent
Non-Member Non-Member Out Of Area
Non-MLS or Out of Area
List Price
$1,290,000
Sold Price
$1,110,000
Premium/Discount to List
-$180,000
-13.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.12%
Original Mortgage
$548,250
Outstanding Balance
$501,745
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$975,761

Purchase Details

Closed on
Oct 15, 2008
Sold by
Sottile Frese Gary B and Sottile Frese Gidget
Bought by
Jurak Joseph Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 18, 2002
Sold by
Klair Kathleen
Bought by
Frese Gary B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 2000
Sold by
Lawson James A and Lawson Barrie W
Bought by
Frese Gary B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
7.82%
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
Glista Stefan M -- Accommodation
Glista Stefan M $1,110,000 Attorney
Jurak Joseph Richard $750,000 Attorney
Frese Gary B $262,600 --
Frese Gary B $585,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Glista Stefan M $548,250
Previous Owner Jurak Joseph Richard $250,000
Previous Owner Frese Gary B $500,000
Previous Owner Frese Gary B $265,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2023 12/23/23 Off Market $1,110,000 -- --
06/15/2021 06/15/21 Sold $1,110,000 -14.0% $534 / Sq Ft
04/29/2021 04/29/21 Pending -- -- --
02/06/2021 02/06/21 For Sale $1,290,000 0.0% $621 / Sq Ft
12/31/2020 12/31/20 Pending -- -- --
12/02/2020 12/02/20 For Sale $1,290,000 0.0% $621 / Sq Ft
11/11/2020 11/11/20 Pending -- -- --
10/01/2020 10/01/20 For Sale $1,290,000 -- $621 / 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 $10,803 $880,280 $0 $0
2022 $10,158 $860,940 $0 $0
2021 $5,453 $467,130 $0 $0
2020 $6,023 $460,690 $0 $0
2019 $6,006 $450,340 $0 $0
2018 $6,046 $441,950 $0 $0
2017 $6,154 $432,860 $0 $0
2016 $6,294 $423,960 $334,480 $89,480
2015 $6,096 $421,020 $334,480 $86,540
2014 $6,519 $411,760 $329,960 $81,800
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 885338

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-37-10-EK-00000.0-0004.00