NOT LISTED FOR SALE

1178 Potomac Dr Merritt Island, FL 32952

Estimated Value: $372,039 - $420,000

3 Beds
2 Baths
1,559 Sq Ft
$252/Sq Ft Est. Value

Last Sold May 30, 2019

Last sale price $250,000 $160 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $2,497/month

Highlights

  • In Ground Pool
  • Open Floorplan
  • Screened Porch
  • Pond View
  • Vaulted Ceiling
  • Breakfast Area or Nook

About This Home

As of January 2024

Featuring a stunning 3-bedroom, 2-bathroom house with a breathtaking lake view, this unique and luxurious living experience. Step inside and be welcomed by an open and spacious floor plan, perfect for entertaining guests or simply enjoying the peaceful surroundings. The kitchen is equipped with ample storage space, making meal preparation a delight. The master bedroom boasts a serene view of the lake, creating a tranquil retreat after a long day. Outside, a spacious backyard provides the perfect setting for outdoor activities and relaxation. All Osto Property Management residents are enrolled in the Resident Benefits Package (RBP) for $35.00/month which includes HVAC air filter delivery (for applicable properties), credit building to help boost your credit score with timely rent payments, $1M Identity Protection, move-in concierge service making utility connection and home service setup a breeze during

Last Agent to Rent the Property

Dawn Ostovich

Osto Property Management License #683668 Listed on: 01/22/2024

Last Renter's Agent

George O'Halloran II

Osto Property Management License #3525163

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,289

Year Built

  • Built in 1997

Lot Details

  • 5,663 Sq Ft Lot
  • North Facing Home
  • Wood Fence
  • Block Wall Fence
  • Back Yard Fenced

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,559 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Screened Porch
  • Pond Views
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Fence Around Pool

Outdoor Features

  • Patio

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Property Available on 1/22/24
  • Tenant pays for electricity, pest control, sewer, trash collection, water
  • The owner pays for association fees, taxes
  • Assessor Parcel Number 24-37-18-29-0000b.0-0003.00

Community Details

Overview

  • Island Crossings Phase 2 Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,289

Year Built

Built in 1997

Lot Details

0

Parking

2

Rental Info

  • Furnished: Unfurnished
  • Tenant Pays: Electricity, Pest Control, Sewer, Trash Collection, Water
  • Lease Term: 12 Months
  • Owner Pays: Association Fees, Taxes
  • Available Date: 2024-01-22

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1997
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Washer Hookup
  • Reso View: Pond
  • ResoSecurityFeatures: Smoke Detector(s)
  • ResoSpecialListingConditions: Smoking Prohibited
  • Subdivision Name: Island Crossings Phase 2
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: Yes
  • Unit Levels: One
  • Location Tax and Legal Parcel Number2: 24-37-18-29-0000b.0-0003.00
  • Location Tax and Legal Elementary School: Audubon
  • Location Tax and Legal Middle School2: Jefferson
  • Location Tax and Legal High School: Merritt Island
  • General Property Information Living Area2: 1559.0
  • General Property Information Lot Size Acres: 0.13
  • General Property Information Waterfront YN: No
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: North
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Fencing Fenced2: Yes
  • Fencing Wood2: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Levels One: Yes
  • Pool Features In Ground: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • ViewPond: Yes
  • Water Source Public: Yes
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • Interior Features Breakfast Nook: Yes
  • General Property Information Stories Total: 1
  • Utilities Sewer Available: Yes
  • Pets Allowed Breed Restrictions: Yes
  • Utilities Electricity Available: Yes
  • Pool Features Fenced: Yes
  • Special Listing Conditions Smoking Prohibited: Yes
  • Fencing Back Yard: Yes
  • Fencing Block: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Breakfast Nook, Ceiling Fan(s), Open Floorplan, Pantry, Primary Bathroom - Tub with Shower, Primary Bathroom -Tub with Separate Shower, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
  • Appliances: Dishwasher, Dryer, Electric Range, Electric Water Heater, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Open Floorplan: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:Walk-In Closet(s): Yes

Exterior Features

  • Pool Features: Fenced, In Ground
  • Fencing: Back Yard, Block, Fenced, Wood
  • Acres: 0.13
  • Waterfront: No
  • Direction Faces: North
  • Patio And Porch Features: Patio, Screened
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Screened: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Senior Community: No

Association/Amenities

  • Owner Pays:Association Fees: Yes
  • Association Amenities:Pool3: Yes

Schools

  • Middle Or Junior School: Jefferson

Lot Info

  • Lot Size Sq Ft: 5662.8
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2444081
  • Parcel #: 24-37-18-29-0000b.0-0003.00
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Audubon
  • High School: Merritt Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2019
Closed on
May 30, 2019
Sold by
Weber Ryan B and Weber Sarah H
Bought by
Morris Lee M
Seller's Agent
Sharon Weber
Daignault Realty Inc
Buyer's Agent
Jane Velluto-Huber
Daignault Realty Inc
List Price
$265,000
Sold Price
$250,000
Premium/Discount to List
-$15,000
-5.66%
Current Estimated Value
$392,760

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,760
Avg. Annual Appreciation
7.84%
Original Mortgage
$245,471
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Listed on
Jan 28, 2014
Closed on
Jul 7, 2014
Sold by
Hoats Danny J and Hoats Sharon J
Bought by
Weber Ryan B and Weber Sarah H
Seller's Agent
Cindee Cullingford
Coral C's Rlty. & Prop.Mgt.LLC
Buyer's Agent
Christine East
Coastal Living Realty & Inv.
List Price
$199,900
Sold Price
$177,000
Premium/Discount to List
-$22,900
-11.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.30%
Original Mortgage
$168,150
Interest Rate
4.17%

Purchase Details

Closed on
Jul 29, 1998
Sold by
Hoats Danny J
Bought by
Hoats Danny J and Hoats Sharon J

Purchase Details

Closed on
May 29, 1997
Sold by
Pulte Home Corp
Bought by
Hoats Danny J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,500
Interest Rate
8.18%
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
Morris Lee M $250,000 Landmark Title Agency Inc
Weber Ryan B $177,000 Island Title & Escrow Agency
Hoats Danny J $27,500 --
Hoats Danny J $111,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morris Lee M $247,000
Closed Morris Lee M $245,471
Previous Owner Weber Ryan B $168,150
Previous Owner Hoats Danny J $71,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2024 01/29/24 Rented $2,699 0.0% --
01/22/2024 01/22/24 For Rent $2,699 +22.7% --
12/01/2021 12/01/21 Rented $2,200 0.0% --
11/17/2021 11/17/21 Under Contract -- -- --
11/10/2021 11/10/21 For Rent $2,200 +18.9% --
01/01/2021 01/01/21 Rented $1,850 0.0% --
12/23/2020 12/23/20 Under Contract -- -- --
12/15/2020 12/15/20 For Rent $1,850 0.0% --
05/30/2019 05/30/19 Sold $250,000 -5.7% $160 / Sq Ft
04/10/2019 04/10/19 Pending -- -- --
04/10/2019 04/10/19 For Sale $265,000 +49.7% $170 / Sq Ft
07/07/2014 07/07/14 Sold $177,000 -11.5% $114 / Sq Ft
06/05/2014 06/05/14 Pending -- -- --
01/28/2014 01/28/14 For Sale $199,900 -- $128 / 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
2024 $4,289 $324,750 -- --
2023 $4,289 $319,600 $0 $0
2022 $3,741 $280,580 $0 $0
2021 $3,600 $233,570 $72,000 $161,570
2020 $2,723 $205,320 $54,000 $151,320
2019 $2,029 $153,990 $0 $0
2018 $2,028 $151,120 $0 $0
2017 $2,039 $148,020 $0 $0
2016 $2,065 $144,980 $29,000 $115,980
2015 $2,117 $143,980 $29,000 $114,980
2014 $1,487 $104,150 $29,000 $75,150
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 1002745

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 24-37-18-29-0000B.0-0003.00