NOT LISTED FOR SALE

1229 S Banana River Dr Merritt Island, FL 32952

Estimated Value: $566,000 - $862,000

5 Beds
4 Baths
2,720 Sq Ft
$268/Sq Ft Est. Value

Last Sold June 09, 2015

Last sale price $367,000 $135 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $4,420/month

91 Days on Market

Highlights

  • Above Ground Spa
  • River View
  • Home fronts a canal
  • RV Access or Parking
  • 0.6 Acre Lot
  • Vaulted Ceiling

About This Home

As of June 2015

Completely & exquisitely remodeled like brand new with no HOA fees! Comparable to brand new homes for insurance! Great location! Minutes to shopping, restaurants, & the beach! This home features 5 bedrooms (plus office w/ two built in oak cabinet work stations) & 4 full baths. Private fully furnished teen/guest suite (above the garage) w/ bamboo floors and balcony that has views of the Banana River & Cocoa Beach. Main home could also be set up with an in-law suite if desired. Beautiful porcelain tile throughout & magnificent kitchen highlighted by KraftMaid cabinets (with lifetime warranty); quartz counters; & stainless appliances. Relax in the great room layout with vaulted ceilings & sky lights that are all hurricane rated. On .6 acre there is plenty of room for a pool of your choice. The Florida room features its own brand new split system A/C unit along with a hot tub to enjoy looking out on your beautifully landscaped back yard complete with canal for fishing. There is a full irrigation system on your own private well to keep everything looking spectacular. Keep your boat or watch the manatees in the local marina just down the street. The sellers have spared no expense to make this one of the best homes you will see on the market. Their pride of ownership is exhibited throughout the home. A stunningly gorgeous home for the most elite, discriminating buyer! See attachments for more amenities.

Last Agent to Sell the Property

Dave Gaudreau

Exit 1st Class Realty Listed on: 01/15/2015

Last Buyer's Agent

Leon McDaniel

Daignault Realty Inc License #320846

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,990

Year Built

  • Built in 1978

Lot Details

  • 0.6 Acre Lot
  • Home fronts a canal
  • East Facing Home
  • Front and Back Yard Sprinklers

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • RV Access or Parking

Property Views

  • River
  • Canal

Home Design

  • Metal Roof
  • Concrete Siding
  • Block Exterior
  • Asphalt
  • Stucco

Interior Spaces

  • 2,720 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Great Room
  • Home Office
  • Library
  • Sun or Florida Room
  • Screened Porch
  • Hurricane or Storm Shutters

Kitchen

  • Convection Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 4 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Sink Near Laundry

Outdoor Features

  • Above Ground Spa
  • Balcony
  • Patio
  • Shed

Additional Homes

  • Accessory Dwelling Unit (ADU)

Schools

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

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 25-37-06-Cx-00000.0-0013.09

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,990

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1978
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Sink, Washer Hookup
  • ResoLotFeatures: Sprinklers In Front, Sprinklers In Rear
  • Road Surface Type: Asphalt
  • Reso View: Canal, River
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: None
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Reso Other Structures: Shed(s)
  • Location Tax and Legal Parcel Number2: 25-37-06-Cx-00000.0-0013.09
  • Location Tax and Legal Elementary School: Tropical
  • Location Tax and Legal Middle School2: Jefferson
  • Location Tax and Legal High School: Merritt Island
  • Location Tax and Legal Tax Annual Amount: 1990.18
  • Location Tax and Legal Tax Year2: 2013
  • General Property Information Living Area2: 2720.0
  • General Property Information Building Area Total3: 3296.0
  • General Property Information Lot Size Acres: 0.6
  • General Property Information Lot Size Square Feet2: 26136.0
  • 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: East
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Flooring Laminate: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Levels One: Yes
  • Road Surface Type Asphalt: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Laundry Features Sink: Yes
  • Water Source Well: Yes
  • General Property Information Carport YN2: No
  • Other Structures Shed(s): Yes
  • Utilities Water Available: Yes
  • Room Types Great Room: Yes
  • Cooling Zoned: Yes
  • Room Types Laundry: Yes
  • Room Types Library: Yes
  • Room Types Office: Yes
  • Room Types Florida Room: Yes
  • General Property Information Lot Size Dimensions: 100.0 ft x 260.0 ft
  • Spa Features Above Ground2: Yes
  • ViewCanal: Yes
  • Accessory Dwelling Information Dwelling Type: Apartment
  • Accessory Dwelling Information ADU Attached YN: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-in Features, Ceiling Fan(s), Kitchen Island, Pantry, Primary Bathroom - Tub with Shower, Skylight(s), Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
  • Flooring: Laminate, Tile
  • Spa Features: Above Ground
  • Appliances: Convection Oven, Dishwasher, Dryer, Electric Range, Electric Water Heater, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Total Bedrooms: 10
  • ResoLivingAreaSource: Other
  • Appliances:Convection Oven: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Built-in Features: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Skylight(s): Yes

Exterior Features

  • Exterior Features: Balcony, Storm Shutters
  • Pool Features: None
  • Roof: Metal
  • Acres: 0.6
  • Waterfront Features: Canal Front
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: East
  • Patio And Porch Features: Patio, Porch, Screened
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Exterior Features:Storm Shutters: Yes
  • Exterior Features:Balcony: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Lot Features:Sprinklers In Rear: Yes
  • ConstructionSiding:Roof Metal: Yes
  • View:River: Yes
  • Waterfront Features:Canal Front: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage Door Opener, RV Access/Parking
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:RV AccessParking: Yes

Utilities

  • Cooling: Central Air, Electric, Zoned
  • Utilities: Cable Available, Electricity Connected, Water Available
  • Heating: Central, Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Central: Yes
  • Heating:Heat Pump: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: Jefferson

Lot Info

  • Lot Dimensions: 100.0 ft x 260.0 ft
  • Lot Size Sq Ft: 26136.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2514587
  • Parcel #: 25-37-06-Cx-00000.0-0013.09
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 1990.18

MLS Schools

  • Elementary School: Tropical
  • High School: Merritt Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2015
Closed on
Jun 9, 2015
Sold by
Mihalich Richard and Mihalich Crystal
Bought by
Wegerif Dean R and Wegerif Jennifer L
Seller's Agent
Dave Gaudreau
Exit 1st Class Realty
Buyer's Agent
Leon McDaniel
Daignault Realty Inc
List Price
$430,000
Sold Price
$367,000
Premium/Discount to List
-$63,000
-14.65%
Current Estimated Value
$761,997

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$394,997
Avg. Annual Appreciation
7.27%
Original Mortgage
$330,300
Interest Rate
3.79%

Purchase Details

Closed on
Mar 22, 2002
Sold by
Kulas Andreas A and Kulas Teresa Z
Bought by
Mihalich Richard and Mihalich Crystal

Purchase Details

Closed on
Dec 22, 1995
Sold by
Hartley Thomas J and Davis Rebecca L
Bought by
Kulas Andreas A and Kulas Teresa Z

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,850
Interest Rate
7.29%
Source: Public Records

Range of Values:

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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
Wegerif Dean R $367,000 Fidelity Natl Title Fl Inc
Mihalich Richard $140,000 --
Kulas Andreas A $88,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wegerif Dean R $352,000
Closed Wegerif Dean R $330,300
Previous Owner Mihalich Richard $100,000
Previous Owner Mihalich Richard $40,000
Previous Owner Kulas Andreas A $79,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2015 06/09/15 Sold $367,000 -0.5% $135 / Sq Ft
04/14/2015 04/14/15 Pending -- -- --
03/16/2015 03/16/15 Price Changed $369,000 -14.2% $136 / Sq Ft
01/13/2015 01/13/15 For Sale $430,000 -- $158 / 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 $2,973 $224,630 $0 $0
2022 $2,779 $218,090 $0 $0
2021 $2,888 $211,740 $0 $0
2020 $2,832 $208,820 $0 $0
2019 $2,782 $204,130 $0 $0
2018 $2,787 $200,330 $0 $0
2017 $2,812 $196,210 $0 $0
2016 $2,857 $192,180 $36,000 $156,180
2015 $1,940 $129,770 $28,000 $101,770
2014 $1,994 $128,740 $28,000 $100,740
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2015

    Dave Gaudreau

    Exit 1st Class Realty

  • Leon McDaniel

    Buyer's Agent in 2015

    Leon McDaniel

    Daignault Realty Inc

    (321) 480-0548

    16 in this area

    34 Total Sales

    Section Image
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Map

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

MLS Number: 715264

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 25-37-06-CX-00000.0-0013.09

Florida Brevard County Merritt Island 32952

1229 S Banana River Dr, Merritt Island, FL

This home is located at 1229 S Banana River Dr, Merritt Island, FL 32952 since 15 January 2015 and is currently estimated at $729,970, approximately $268 per square foot. This property was built in 1978. 1229 S Banana River Dr is a home located in Brevard County with nearby schools including Tropical 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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