NOT LISTED FOR SALE

1266 Potomac Dr Merritt Island, FL 32952

Estimated Value: $394,232 - $452,000

3 Beds
2 Baths
1,796 Sq Ft
$234/Sq Ft Est. Value

Last Sold October 13, 2017

Last sale price $245,450 $137 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $2,603/month

5 Days on Market

Highlights

  • Open Floorplan
  • Vaulted Ceiling
  • Community Pool
  • Clubhouse
  • Screened Porch
  • 2 Car Attached Garage

About This Home

As of October 2017

Bright and spacious open concept home! This beautiful home features wide windows that illuminate the home with natural lighting. The split-plan provides the privacy you're searching for. The kitchen opens in the living and dining room, making entertaining guests a breeze! The cathedral ceiling makes this home feel even more roomy. Relax and unwind in your Master Bedroom suite featuring a huge walk-in closet, garden tub, and separate shower. The screened patio in the backyard is the ideal spot to have a BBQ. Enjoy the community pool without having to worry about maintenance. Located close to 528 for added convenience. You won't want to miss this one!

Last Agent to Sell the Property

Barbara Zorn

Better Homes & Gardens RE Star License #434043 Listed on: 08/28/2017

Better Homes & Gardens RE Star

Last Buyer's Agent

Rick Harris

Crossover Commercial Group, In License #3317425

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,002

Year Built

  • Built in 1999

Lot Details

  • 6,098 Sq Ft Lot
  • South Facing Home

HOA Fees

  • $71 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,796 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Screened Porch
  • Laundry Room

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

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

Outdoor Features

  • Patio

Schools

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

Utilities

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

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 24-36-13-Rd-0000b.0-0047.00

Community Details

Overview

  • Island Crossings Phase 4B Subdivision
  • Maintained Community

Amenities

  • Clubhouse

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,002

Year Built

Built in 1999

Lot Details

0

HOA Fees

$71 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1999
  • Reso Property Sub Type: Single Family Residence
  • Reso Association Amenities: Clubhouse, Maintenance Grounds
  • ResoSpecialListingConditions: Real Estate Owned
  • Subdivision Name: Island Crossings Phase 4B
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 24-36-13-Rd-0000b.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: 3001.86
  • Location Tax and Legal Tax Year2: 2016
  • General Property Information Living Area2: 1796.0
  • General Property Information Building Area Total3: 2226.0
  • General Property Information Lot Size Acres: 0.14
  • General Property Information Lot Size Square Feet2: 6098.0
  • 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: South
  • Cooling Central Air: Yes
  • Flooring Laminate: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Levels One: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • Room Types Laundry: Yes
  • Special Listing Conditions Real Estate Owned: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-in Features, 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: Laminate, Tile
  • Appliances: Electric Water Heater, Other
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • ResoLivingAreaSource: PublicRecords
  • Appliances:Electric Water Heater: Yes
  • Interior Features:Open Floorplan: Yes
  • Pool Features:Community: Yes
  • Interior Features:Built-in Features: 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

Exterior Features

  • Pool Features: Community
  • Roof: Shingle
  • Acres: 0.14
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • 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

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
  • Utilities: Cable Available, Electricity Connected, Water Available
  • Heating: Central
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 214.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 214.0
  • General Property Information:Association Fee Frequency: Quarterly
  • Association Amenities:Clubhouse: Yes

Schools

  • Middle Or Junior School: Jefferson

Lot Info

  • Lot Size Sq Ft: 6098.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2444537
  • Parcel #: 24-36-13-Rd-0000b.0-0047.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 3001.86

MLS Schools

  • Elementary School: Audubon
  • High School: Merritt Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2017
Closed on
Oct 13, 2017
Sold by
Fannie Mae
Bought by
Owen William H and Owen Barbara A
Seller's Agent
Barbara Zorn
Better Homes & Gardens RE Star
Buyer's Agent
Rick Harris
Crossover Commercial Group, In
List Price
$239,000
Sold Price
$245,450
Premium/Discount to List
$6,450
2.7%
Current Estimated Value
$420,308

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,858
Avg. Annual Appreciation
7.05%
Original Mortgage
$52,000
Outstanding Balance
$37,464
Interest Rate
3.94%
Mortgage Type
Credit Line Revolving
Estimated Equity
$381,726

Purchase Details

Closed on
Aug 1, 2016
Bought by
Federal National Mortgage Asso

Purchase Details

Closed on
Aug 20, 2012
Sold by
Realty Asset Exchange Llc
Bought by
Centurion Systems Llc and 1266 Potomac Land Trust

Purchase Details

Closed on
Dec 22, 2005
Sold by
Hamblin Michael H and Hamblin Gladys C
Bought by
Hooper Kevin S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,600
Interest Rate
6.28%

Purchase Details

Closed on
Aug 30, 1999
Sold by
Pulte Home Corp
Bought by
Hamblin Michael H and Hamblin Gladys C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
7.5%
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
Owen William H $245,500 Reo Title Co Of Florida Llc
Federal National Mortgage Asso $100 --
Centurion Systems Llc -- None Available
Hooper Kevin S $292,000 Southern Title Hldg Co Llc
Hamblin Michael H $124,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Owen William H $52,000
Open Owen William H $115,000
Previous Owner Hooper Kevin S $233,600
Previous Owner Hamblin Michael H $65,000
Previous Owner Hamblin Michael H $26,000
Previous Owner Hamblin Michael H $118,500
Previous Owner Hamblin Michael H $96,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2017 10/13/17 Sold $245,450 +2.7% $137 / Sq Ft
09/03/2017 09/03/17 Pending -- -- --
08/28/2017 08/28/17 For Sale $239,000 -- $133 / 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 $2,904 $225,500 $0 $0
2022 $2,711 $218,940 $0 $0
2021 $2,823 $212,570 $0 $0
2020 $2,781 $209,640 $0 $0
2019 $2,732 $204,930 $0 $0
2018 $2,739 $201,110 $39,600 $161,510
2017 $3,272 $192,150 $38,700 $153,450
2016 $3,002 $166,290 $26,100 $140,190
2015 $2,979 $157,830 $26,100 $131,730
2014 $2,794 $143,490 $26,100 $117,390
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 792823

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 24-36-13-RD-0000B.0-0047.00