NOT LISTED FOR SALE

1265 Mercedes Dr Merritt Island, FL 32952

Estimated Value: $676,000 - $722,000

4 Beds
3 Baths
2,553 Sq Ft
$273/Sq Ft Est. Value

Last Sold January 29, 2018

Last sale price $390,000 $153 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $4,195/month

29 Days on Market

Highlights

  • Waterfront Community
  • Boat Dock
  • Open Floorplan
  • Tropical Elementary School Rated 9+
  • Heated In Ground Pool
  • Vaulted Ceiling

About This Home

As of January 2018

Beautifully maintained home in the highly sought-after Twin Rivers neighborhood w/Indian River access for fishing/dock! Inviting foyer filled with natural light welcomes you into this 4 bedroom & 3 full bath with formal living room PLUS den/office w/built-ins. The spacious kitchen features stainless steel appliances, walk-in pantry, breakfast bar, & a dining nook with a pool view. Family room w/fireplace overlooks the gorgeous heated, screened-in POOL & SPA. Huge back lanai has access to the pool bath and is perfect for entertaining family and friends! Master bedroom suite boasts a large walk-in closet & updated bath w/double sinks, tiled shower & spa tub. Interior laundry room. Two car garage and lots of storage space! Conveniently located near shopping, beaches, & great schools!

Last Agent to Sell the Property

Emily Merbitz

Pastermack Real Estate Listed on: 11/15/2017

Last Buyer's Agent

Lynnette Hendricks

Florida East Coast Real Estate License #651304

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,772

Year Built

  • Built in 1994

Lot Details

  • 0.34 Acre Lot
  • North Facing Home
  • Wood Fence

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,553 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Family Room
  • Living Room
  • Home Office
  • Library
  • Screened Porch
  • Pool Views
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Sink Near Laundry
  • Washer and Gas Dryer Hookup

Pool

  • Heated In Ground Pool
  • In Ground Spa
  • Screen Enclosure

Outdoor Features

  • Patio

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 25-36-24-02-00000.0-0004.00

Community Details

Overview

  • Gerry Peterson Association, Phone Number (321) 453-6890
  • Twin Rivers Subdivision
  • Maintained Community

Recreation

  • Boat Dock
  • Waterfront Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,772

Year Built

Built in 1994

Lot Details

0

HOA Fees

$33 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1994
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Sink, Washer Hookup
  • Reso View: Pool
  • ResoSecurityFeatures: Smoke Detector(s)
  • Reso Association Amenities: Boat Dock, Maintenance Grounds, Management - Full Time, Other
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Twin Rivers Subdivision
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 25-36-24-02-00000.0-0004.00
  • 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: 2771.97
  • Location Tax and Legal Tax Year2: 2017
  • General Property Information Living Area2: 2553.0
  • General Property Information Building Area Total3: 3013.0
  • General Property Information Lot Size Acres: 0.34
  • General Property Information Lot Size Square Feet2: 14810.0
  • General Property Information New Construction YN: No
  • 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
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Levels One: Yes
  • Pool Features In Ground: Yes
  • Pool Features Private: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Roof:Shingle: Yes
  • Security Features Smoke Detector(s): Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • View Pool: Yes
  • Flooring Carpet: Yes
  • Laundry Features Sink: Yes
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • Spa Features In Ground2: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • Interior Features Breakfast Nook: Yes
  • Pool Features Screen Enclosure: Yes
  • Waterfront Features Waterfront Community: Yes
  • Room Types Family Room: Yes
  • Room Types Laundry: Yes
  • Room Types Library: Yes
  • Room Types Living Room: Yes
  • Room Types Office: Yes
  • General Property Information Association Phone: (321) 453-6890
  • Pool Features Gas Heat: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Bar, 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)
  • Flooring: Carpet, Tile
  • Spa Features: In Ground
  • Appliances: Dishwasher, Disposal, Electric Range, Electric Water Heater, Ice Maker, Microwave, Refrigerator
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning, Other
  • Total Bedrooms: 10
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Open Floorplan: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Breakfast Bar: 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
  • Fireplace Features:Wood Burning: Yes

Exterior Features

  • Pool Features: Gas Heat, In Ground, Private, Screen Enclosure, Other
  • Roof: Shingle
  • Fencing: Fenced, Wood
  • Acres: 0.34
  • Waterfront Features: Waterfront Community
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: North
  • 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

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 400.0
  • Association Fee Frequency: Annually
  • Association Name: Gerry Peterson
  • Phone: 321-453-6890
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: Gerry Peterson
  • General Property Information:Association Fee: 400.0
  • General Property Information:Association Fee Frequency: Annually
  • Association Amenities:Boat Dock: Yes

Schools

  • Middle Or Junior School: Jefferson

Lot Info

  • Lot Size Sq Ft: 14810.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2511504
  • Parcel #: 25-36-24-02-00000.0-0004.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 2771.97

MLS Schools

  • Elementary School: Tropical
  • High School: Merritt Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 14, 2019
Sold by
Oakes Stephen and Oakes Tiffany
Bought by
Start Matthew and Start Nicole
Current Estimated Value
$696,148

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 15, 2017
Closed on
Jan 29, 2018
Sold by
Laffitte Susan
Bought by
Oakes Stephen and Oakes Tiffany
Seller's Agent
Emily Merbitz
Pastermack Real Estate
Buyer's Agent
Lynnette Hendricks
Florida East Coast Real Estate
List Price
$399,900
Sold Price
$390,000
Premium/Discount to List
-$9,900
-2.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.93%
Original Mortgage
$331,500
Interest Rate
3.94%

Purchase Details

Closed on
Oct 16, 2009
Sold by
Laffitte Adrian
Bought by
Laffitte Susan

Purchase Details

Closed on
Sep 19, 1994
Sold by
Centex Real Est Corp
Bought by
Laffitte Adrian A and Laffitte Susan C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
8.37%
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
Start Matthew $375,000 International T&E Co Llc
Oakes Stephen $390,000 Internatioanl Title And Escr
Laffitte Susan -- None Available
Laffitte Adrian A $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Start Matthew Christopher $303,500
Closed Start Matthew $300,000
Previous Owner Oakes Stephen $331,500
Previous Owner Laffitte Adrian A $176,400
Previous Owner Laffitte Adrian A $157,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2018 01/29/18 Sold $390,000 -2.5% $153 / Sq Ft
12/15/2017 12/15/17 Pending -- -- --
11/15/2017 11/15/17 For Sale $399,900 -- $157 / 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 $4,517 $356,870 -- --
2023 $4,517 $346,480 $0 $0
2022 $4,226 $336,390 $0 $0
2021 $4,433 $326,600 $0 $0
2020 $4,383 $322,100 $0 $0
2019 $5,237 $340,420 $51,000 $289,420
2018 $5,284 $334,730 $64,000 $270,730
2017 $2,887 $199,170 $0 $0
2016 $2,934 $195,080 $35,000 $160,080
2015 $3,016 $193,730 $35,000 $158,730
2014 $3,036 $192,200 $35,000 $157,200
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 798348

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 25-36-24-02-00000.0-0004.00