$146,475
SOLD APR 25, 2014

1250 Pine Island Rd Merritt Island, FL 32953

3 Beds
2 Baths
2,704 Sq Ft
5 Acres

Recently Sold

$54 Per Sq Ft

27% Below List Price

181 Days on Market

Highlights

  • Lake Front
  • Home fronts a pond
  • Wooded Lot
  • Lewis Carroll Elementary School Rated A-
  • 5 Acre Lot
  • Vaulted Ceiling

About This Home

As of April 2025

3 bedroom 2 bathroom 2 story home located in Merritt Island on 5 acres of land!! This large home offers tons of privacy your own pond and plenty of space for horses and pool. Home features tile floors and laminate floors, cathedral ceilings and 2nd story balcony. Home needs some TLC. This is a great buy for anyone wanting a ton of land and privacy! Hurry this will not last long! This property is now under auction terms.

Last Agent to Sell the Property

Shirley Weems

Coldwell Banker Realty Listed on: 02/16/2014

Last Buyer's Agent

Thomas Miller

Crescent Moon R.E. & Inv. LLC License #3132209

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,365

Year Built

  • Built in 1976

Lot Details

  • 5 Acre Lot
  • Home fronts a pond
  • Lake Front
  • South Facing Home
  • Wooded Lot

Home Design

  • Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2,704 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Wood Burning Fireplace

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Schools

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

Utilities

  • Septic Tank

Community Details

  • No Home Owners Association
  • All Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 23-36-11-00-00506.0-0000.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,365

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1976
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Wooded
  • ResoSpecialListingConditions: Real Estate Owned
  • Subdivision Name: All
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 23-36-11-00-00506.0-0000.00
  • Location Tax and Legal Elementary School: Carroll
  • Location Tax and Legal Middle School2: Jefferson
  • Location Tax and Legal High School: Merritt Island
  • Location Tax and Legal Tax Annual Amount: 2365.14
  • Location Tax and Legal Tax Year2: 2012
  • General Property Information Living Area2: 2704.0
  • General Property Information Lot Size Acres: 5.0
  • General Property Information Lot Size Square Feet2: 217800.0
  • 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
  • Flooring Laminate: Yes
  • Flooring Tile: Yes
  • Roof:Shingle: Yes
  • Utilities Electricity Connected: Yes
  • Levels Two: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • Special Listing Conditions Real Estate Owned: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Bar, Eat-in Kitchen, Split Bedrooms, Vaulted Ceiling(s)
  • Flooring: Laminate, Tile
  • Appliances: Other
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning, Other
  • ResoLivingAreaSource: PublicRecords
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Fireplace Features:Wood Burning: Yes

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Acres: 5.0
  • Waterfront Features: Lake Front, Pond
  • Waterfront: Yes
  • Construction Type: Frame, Wood Siding
  • Direction Faces: South
  • Construction Materials:Frame: Yes
  • Construction Materials:Wood Siding: Yes
  • Lot Features:Wooded: Yes
  • Waterfront Features:Lake Front: Yes
  • Waterfront Features:Pond2: Yes

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

  • Utilities: Electricity Connected, Water Available
  • Sewer Septic Tank: 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 Size Sq Ft: 217800.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2315298
  • Parcel #: 23-36-11-00-00506.0-0000.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 2365.14

MLS Schools

  • Elementary School: Carroll
  • High School: Merritt Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2025
Closed on
Apr 9, 2025
Sold by
1250 Pine Island Road Llc
Bought by
Cicero John Joseph
Seller's Agent
Amy Akins
Coldwell Banker Coast Realty
Buyer's Agent
Eugene Crockett
EXP Realty LLC
List Price
$600,000
Sold Price
$585,000
Premium/Discount to List
-$15,000
-2.5%
Views
119
Current Estimated Value
$590,456

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,456
Avg. Annual Appreciation
3.63%
Original Mortgage
$526,500
Outstanding Balance
$526,500
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$63,956

Purchase Details

Closed on
Sep 24, 2024
Sold by
Eric W Drinkhouse Trust and Drinkhouse Lucinda Suzanne
Bought by
Drinkhouse-Demars Jane Elizabeth

Purchase Details

Listed on
Feb 16, 2014
Closed on
May 23, 2014
Sold by
Drinkhouse Eric W
Bought by
1250 Pine Island Road Llc
Seller's Agent
Shirley Weems
Coldwell Banker Realty
Buyer's Agent
Thomas Miller
Crescent Moon R.E. & Inv. LLC
List Price
$199,900
Sold Price
$146,475
Premium/Discount to List
-$53,425
-26.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.23%

Purchase Details

Listed on
Feb 16, 2014
Closed on
Apr 29, 2014
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Drinkhouse Eric W
Seller's Agent
Shirley Weems
Coldwell Banker Realty
Buyer's Agent
Thomas Miller
Crescent Moon R.E. & Inv. LLC
List Price
$199,900
Sold Price
$146,475
Premium/Discount to List
-$53,425
-26.73%

Purchase Details

Closed on
Jul 9, 2013
Sold by
Wells Fargo Bank Na
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jun 21, 2013
Sold by
Fritz Charles J and Fritz Susan G
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Dec 17, 2004
Sold by
Demars Thomas and Demars Jane
Bought by
Fritz Charles J and Fritz Susan G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.67%

Purchase Details

Closed on
Oct 10, 1996
Sold by
Williams Harold F
Bought by
Demars Thomas and Demars Jane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,864
Interest Rate
8.05%
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 Type Sale Price Title Company
Warranty Deed $585,000 Echelon Title Services
Warranty Deed $585,000 Echelon Title Services
Special Warranty Deed $100 None Listed On Document
Warranty Deed -- Attorney
Warranty Deed $146,500 None Available
Special Warranty Deed -- New House Title Llc
Warranty Deed $201,000 None Available
Warranty Deed $250,000 American Heritage Title Co
Warranty Deed $106,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $526,500 New Conventional
Closed $526,500 New Conventional
Previous Owner $200,000 No Value Available
Previous Owner $25,000 New Conventional
Previous Owner $101,864 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2025 04/10/25 Sold $585,000 -2.5% $216 / Sq Ft
03/05/2025 03/05/25 Pending -- -- --
01/30/2025 01/30/25 For Sale $600,000 0.0% $222 / Sq Ft
08/29/2021 08/29/21 Rented $1,700 -5.6% --
08/18/2021 08/18/21 Under Contract -- -- --
06/25/2021 06/25/21 For Rent $1,800 +28.6% --
08/01/2015 08/01/15 Rented $1,400 0.0% --
06/30/2015 06/30/15 Under Contract -- -- --
05/02/2015 05/02/15 For Rent $1,400 0.0% --
04/25/2014 04/25/14 Sold $146,475 -26.7% $54 / Sq Ft
04/08/2014 04/08/14 Pending -- -- --
10/09/2013 10/09/13 For Sale $199,900 -- $74 / 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 $5,859 $522,830 $0 $0
2022 $4,954 $453,150 $0 $0
2021 $4,129 $279,240 $122,500 $156,740
2020 $3,596 $219,750 $65,000 $154,750
2019 $3,692 $224,100 $65,000 $159,100
2018 $3,779 $226,030 $65,000 $161,030
2017 $3,581 $203,080 $62,500 $140,580
2016 $3,658 $199,060 $62,500 $136,560
2015 $3,564 $185,160 $62,500 $122,660
2014 $3,361 $169,530 $62,500 $107,030
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 679822

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 23-36-11-00-00506.0-0000.00