NOT LISTED FOR SALE

1250 Grand Cayman Dr Merritt Island, FL 32952

Estimated Value: $624,000 - $818,000

5 Beds
3.5 Baths
3,323 Sq Ft
$213/Sq Ft Est. Value

Last Sold September 05, 2014

Last sale price $310,000 $93 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $4,221/month

50 Days on Market

Highlights

  • Lake Front
  • In Ground Pool
  • Vaulted Ceiling
  • Audubon Elementary School Rated 9+
  • Home fronts a pond
  • Screened Porch

About This Home

As of September 2014

Grand executive-style Pool home situated lakefront in desirable Island Crossings community. Home welcomes you with soaring ceilings in family room that overlooks the pool, separate formal dining room PLUS a separate office/den, spacious kitchen has an island & opens to the family room, 2 master suites (1 upstairs, 1 down), huge loft & 3 bedrms upstairs, 1/2 bath downstairs. Extras: BRAND NEW CARPET, interior laundry room. Backyard showcases a screen-enclosed lanai & pool w/tranquil lakefront setting. Fantastic MI location adjacent to Kelly Park, convenient to A-rated schools, nearby shopping & dining. All non-cash buyers must be pre-approved by Avo Avedissian/PennyMac. Qualified borrowers eligible for financing credit up to $3900 applicable to non-recurring CC &/or interest rate buy-down.

Last Agent to Sell the Property

A. Isil Nevins

Daignault Realty Inc License #577668 Listed on: 07/03/2014

Last Buyer's Agent

Cathy Smith Sharpe

Reef Realty Florida LLC License #3199626

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,622

Year Built

  • Built in 1999

Lot Details

  • 9,375 Sq Ft Lot
  • Home fronts a pond
  • Lake Front
  • South Facing Home

HOA Fees

  • $23 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Lake
  • Pond
  • Pool

Home Design

  • Frame Construction
  • Shingle Roof
  • Wood Siding
  • Concrete Siding
  • Block Exterior
  • Asphalt
  • Stucco

Interior Spaces

  • 3,323 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Family Room
  • Screened Porch
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Separate Shower in Primary Bathroom

Pool

  • In Ground Pool
  • Screen Enclosure

Schools

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

Additional Features

  • Patio
  • Central Heating and Cooling System

Community Details

  • Island Crossings Phase 4A Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 24-37-18-Rc-0000e.0-0047.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,622

Year Built

Built in 1999

Lot Details

0

HOA Fees

$23 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1999
  • Reso Property Sub Type: Single Family Residence
  • Road Surface Type: Asphalt
  • Reso View: Lake, Pond, Pool
  • ResoSpecialListingConditions: Real Estate Owned
  • Subdivision Name: Island Crossings Phase 4A
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 24-37-18-Rc-0000e.0-0047.00
  • 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: 4621.66
  • Location Tax and Legal Tax Year2: 2013
  • General Property Information Living Area2: 3323.0
  • General Property Information Lot Size Acres: 0.22
  • General Property Information Lot Size Square Feet2: 9375.0
  • 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
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Pool Features In Ground: Yes
  • Road Surface Type Asphalt: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • ViewPond: Yes
  • View Pool: Yes
  • Flooring Carpet: Yes
  • Levels Two: 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
  • Pool Features Screen Enclosure: Yes
  • Room Types Family Room: Yes
  • Room Types Laundry: Yes
  • General Property Information Lot Size Dimensions: 75.0 ft x 125.0 ft
  • Special Listing Conditions Real Estate Owned: Yes
  • General Property Information:Pool Private YN: Yes
  • Special Features: 5120
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Nook, Eat-in Kitchen, Primary Bathroom - Tub with Shower, Primary Bathroom -Tub with Separate Shower, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
  • Flooring: Carpet, Tile
  • Appliances: Other
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • General Property Information Bathrooms Half: 1
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:Walk-In Closet(s): Yes

Exterior Features

  • Pool Features: In Ground, Screen Enclosure
  • Roof: Shingle
  • Acres: 0.22
  • Pool Private: Yes
  • Waterfront Features: Lake Front, Pond
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Frame, Stucco, Wood Siding
  • Direction Faces: South
  • 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
  • View:Lake: Yes
  • Construction Materials:Frame: Yes
  • Construction Materials:Wood Siding: Yes
  • Waterfront Features:Lake Front: Yes
  • Waterfront Features:Pond2: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air, Electric
  • Utilities: 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 Fee: 69.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 69.0
  • General Property Information:Association Fee Frequency: Quarterly

Schools

  • Middle Or Junior School: Jefferson

Lot Info

  • Lot Dimensions: 75.0 ft x 125.0 ft
  • Lot Size Sq Ft: 9375.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2444490
  • Parcel #: 24-37-18-Rc-0000e.0-0047.00

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 4621.66

MLS Schools

  • Elementary School: Audubon
  • High School: Merritt Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2014
Closed on
Aug 29, 2014
Sold by
Pennymac Corp
Bought by
Truax Scott and Truax Sonja
Seller's Agent
A. Isil Nevins
Daignault Realty Inc
Buyer's Agent
Cathy Smith Sharpe
Reef Realty Florida LLC
List Price
$334,900
Sold Price
$310,000
Premium/Discount to List
-$24,900
-7.44%
Current Estimated Value
$708,878

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$398,878
Avg. Annual Appreciation
7.79%

Purchase Details

Closed on
May 2, 2014
Sold by
Pfann Laura K and Suntrust Mortgage Inc
Bought by
Pennymac Corp

Purchase Details

Closed on
Mar 20, 2002
Sold by
Giglio Nicodemus A and Giglio Leslie A
Bought by
Pfann Laura K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,750
Interest Rate
6.86%

Purchase Details

Closed on
Mar 10, 1999
Sold by
Pulte Home Corp
Bought by
Giglio Nicodemus A and Giglio Leslie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,820
Interest Rate
6.73%
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
Truax Scott $310,000 Multiple
Pennymac Corp $231,000 None Available
Pfann Laura K $265,000 --
Giglio Nicodemus A $236,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pfann Laura K $36,000
Previous Owner Pfann Laura K $251,750
Previous Owner Giglio Nicodemus A $60,000
Previous Owner Giglio Nicodemus A $188,820
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2014 09/05/14 Sold $310,000 -7.4% $93 / Sq Ft
08/21/2014 08/21/14 Pending -- -- --
07/02/2014 07/02/14 For Sale $334,900 -- $101 / 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 $5,056 $396,660 -- --
2023 $5,056 $385,110 $0 $0
2022 $4,734 $373,900 $0 $0
2021 $4,970 $363,010 $0 $0
2020 $4,912 $358,000 $0 $0
2019 $4,879 $349,960 $41,000 $308,960
2018 $4,937 $345,930 $41,000 $304,930
2017 $5,356 $323,560 $41,000 $282,560
2016 $5,205 $299,320 $34,000 $265,320
2015 $4,986 $273,140 $34,000 $239,140
2014 $4,570 $243,010 $34,000 $209,010
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 700846

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 24-37-18-RC-0000E.0-0047.00