NOT LISTED FOR SALE

1185 Faulkingham Rd Merritt Island, FL 32952

Estimated Value: $942,000 - $1,196,000

3 Beds
2 Baths
2,544 Sq Ft
$413/Sq Ft Est. Value

Last Sold March 15, 2024

Last sale price $1,125,000 $442 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $5,938/month

48 Days on Market

Highlights

  • 75 Feet of Waterfront
  • River Access
  • Boat Slip
  • Docks
  • Boat Lift
  • In Ground Pool

About This Home

As of March 2024

BEAUTIFULLY UPDATED! NEW PIPES & MORE! NO HOA! .31 ACRES! POOL HOME! Experience luxury living at its finest with this modern and meticulously remodeled riverfront sanctuary on Banana River. This tastefully updated gem boasts a 6,000lb boat lift on 75 feet of prime waterfront on a .31-acre lot. Step into an open floor plan flooded with natural light from floor-to-ceiling windows, offering breathtaking Banana River views. The stylish interior seamlessly blends modern design with timeless elegance. Worry-free living is guaranteed with new pipes, a newer roof, hvac and more. Entertain or relax by the pool or head to the new outside deck and private dock for unparalleled riverfront enjoyment. The private upstairs owner suite is a haven of tranquility, complete with its own deck for exclusive viewing of spectacular sunsets over the Banana River. Close to pristine beaches and perfectly positioned in the esteemed Merritt Island, this residence offers not just a home but a lifestyle.

Last Agent to Sell the Property

Sarah Rekab

Blue Marlin Real Estate License #3476696 Listed on: 02/03/2024

Blue Marlin Real Estate

Last Buyer's Agent

Paul Lynn

Better Homes & Gardens RE Star License #3270936

Better Homes & Gardens RE Star

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,191

Year Built

  • Built in 1976

Lot Details

  • 0.31 Acre Lot
  • 75 Feet of Waterfront
  • River Front
  • West Facing Home
  • Privacy Fence

Parking

  • 2 Car Garage
  • Attached Carport

Home Design

  • Frame Construction
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,544 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Furniture Can Be Negotiated
  • Skylights
  • 1 Fireplace
  • Tile Flooring
  • River Views
  • Security System Owned

Kitchen

  • Eat-In Kitchen
  • Induction Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • River Access
  • Boat Lift
  • Boat Slip
  • Docks
  • Balcony
  • Courtyard
  • Deck
  • Separate Outdoor Workshop
  • Rear Porch

Utilities

  • Central Heating and Cooling System
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Banana River Drive Subd Subdivision

Listing and Financial Details

  • Assessor Parcel Number 25-37-06-Cx-00000.0-0012.07

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,191

Year Built

Built in 1976

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1976
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: In Unit
  • ResoLotFeatures: Other
  • Reso View: River
  • Water Body Name: Banana River
  • ResoSecurityFeatures: Security System Owned
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Banana River Drive Subd
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Other Structures: Workshop, Other
  • Location Tax and Legal Parcel Number2: 25-37-06-Cx-00000.0-0012.07
  • Location Tax and Legal Tax Year2: 2023
  • General Property Information Living Area2: 2544.0
  • General Property Information Lot Size Acres: 0.31
  • General Property Information Lot Size Square Feet2: 13503.6
  • 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
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • General Property Information Community Fee(s) YN: No
  • Appliances Dryer: Yes
  • Washers: Yes
  • Pool Features In Ground: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Levels Two: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • Other Structures Workshop: Yes
  • Security Features Security System Owned: Yes
  • Waterfront Features Waterfront Community: Yes
  • Exterior Features Boat Lift: Yes
  • General Property Information Water Frontage Feet: 75
  • Utilities Electricity Available: Yes
  • General Property Information Land Lease YN2: No
  • General Property Information CDD Fee YN: No
  • Utilities Cable Connected: Yes
  • Utilities Water Connected: Yes
  • Fencing Privacy: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Eat-in Kitchen, Open Floorplan, Pantry, Skylight(s), Walk-In Closet(s), Other
  • Flooring: Tile
  • Appliances: Dishwasher, Dryer, Electric Range, Induction Cooktop, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Skylight(s): Yes
  • Appliances:Induction Cooktop: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Laundry Features:In Unit: Yes

Exterior Features

  • Exterior Features: Balcony, Boat Slip, Courtyard, Dock, Boat Lift
  • Pool Features: In Ground
  • Fencing: Privacy
  • Acres: 0.31
  • Waterfront Features: River Access, River Front, Waterfront Community
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Frame, Stucco
  • Direction Faces: West
  • Patio And Porch Features: Deck, Rear Porch
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio And Porch Features:Deck: Yes
  • Construction Materials:Frame: Yes
  • Exterior Features:Balcony: Yes
  • Lot Features:Other21: Yes
  • Exterior Features:Courtyard: Yes
  • View:River: Yes
  • Waterfront Features:River Front: Yes
  • Exterior Features:Boat Slip2: Yes
  • Exterior Features:Dock: Yes
  • Patio And Porch Features:Rear Porch: Yes
  • Waterfront Features:River Access: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Attached Carport, Garage
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Garage: Yes
  • Parking Features:Attached Carport: Yes

Utilities

  • Cooling: Central Air
  • Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Water Available, Water Connected
  • Heating: Central
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Current Use: Residential, Single Family
  • Land Lease: No
  • Lot Size Sq Ft: 13503.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 25-37-06-Cx-00000.0-0012.07
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Negotiable

Tax Info

  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2024
Closed on
Mar 15, 2024
Sold by
Fuentes Hector A and Fuentes Mildred J
Bought by
Traenkle Caitlyn M
Seller's Agent
Sarah Rekab
Blue Marlin Real Estate
Buyer's Agent
Paul Lynn
Better Homes & Gardens RE Star
List Price
$1,200,000
Sold Price
$1,125,000
Premium/Discount to List
-$75,000
-6.25%
Views
86
Current Estimated Value
$1,049,749

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$75,251
Avg. Annual Appreciation
-4.18%

Purchase Details

Listed on
Aug 1, 2019
Closed on
Nov 7, 2019
Sold by
Tawil Rita A and Tawil Jack
Bought by
Fuentes Hector A and Fuentes Mildred J
Seller's Agent
Jonathan Williams
Florida Lifestyle Realty LLC
Buyer's Agent
Non-Member Non-Member Out Of Area
Non-MLS or Out of Area
List Price
$550,000
Sold Price
$425,000
Premium/Discount to List
-$125,000
-22.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.08%
Original Mortgage
$318,750
Interest Rate
3.5%

Purchase Details

Closed on
Aug 29, 1997
Sold by
Long Albert William and Long Adelia B
Bought by
Tawil Jack and Tawil Rita A
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
Traenkle Caitlyn M $1,125,000 Z Title Group
Traenkle Caitlyn M $1,125,000 Z Title Group
Fuentes Hector A $425,000 Titlehost Zt South Park
Tawil Jack $172,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fuentes Hector A $318,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/15/2024 03/15/24 Sold $1,125,000 -6.3% $442 / Sq Ft
03/15/2024 03/15/24 Pending -- -- --
02/03/2024 02/03/24 For Sale $1,200,000 0.0% $472 / Sq Ft
01/30/2024 01/30/24 Pending -- -- --
01/26/2024 01/26/24 For Sale $1,200,000 +182.4% $472 / Sq Ft
11/08/2019 11/08/19 Sold $425,000 -5.6% $167 / Sq Ft View Prior Sale
10/07/2019 10/07/19 Pending -- -- --
09/26/2019 09/26/19 Price Changed $450,000 -9.8% $177 / Sq Ft
08/23/2019 08/23/19 Price Changed $499,000 -5.0% $196 / Sq Ft
08/12/2019 08/12/19 Price Changed $525,000 -4.5% $206 / Sq Ft
08/01/2019 08/01/19 For Sale $550,000 -- $216 / 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 $5,191 $781,750 -- --
2024 $5,154 $409,470 -- --
2023 $5,154 $397,550 $0 $0
2022 $4,824 $385,980 $0 $0
2021 $5,072 $374,740 $0 $0
2020 $5,030 $369,570 $195,900 $173,670
2019 $3,118 $224,950 $0 $0
2018 $3,125 $220,760 $0 $0
2017 $3,153 $216,220 $0 $0
2016 $3,206 $211,780 $188,400 $23,380
2015 $3,297 $210,310 $173,250 $37,060
2014 $3,364 $208,650 $173,250 $35,400
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 1003079

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 25-37-06-CX-00000.0-0012.07