NOT LISTED FOR SALE

1276 Potomac Dr Merritt Island, FL 32952

Estimated Value: $392,458 - $519,000

4 Beds
2.5 Baths
1,847 Sq Ft
$242/Sq Ft Est. Value

Last Sold July 31, 2019

Last sale price $320,000 $173 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $2,902/month

12 Days on Market

Highlights

  • Open Floorplan
  • Main Floor Primary Bedroom
  • Community Pool
  • Vaulted Ceiling
  • Great Room
  • Breakfast Area or Nook

About This Home

As of July 2019

Come relax in this beauty. The home is updated and ready for you to enjoy. The 4 bedroom home features a first floor master, a master bath thats gorgeous and usually found in spas, LIFEPROOF specialty flooring, brand new carpet, new appliances, new cabinetry, new roof, fresh paint inside and out.... yep.... what are your waiting for? Oh!! the pool, well the community pool is only a few houses down & within walking distance, so you can save thousands and not deal with the cleaning, monthly expense or the constant stress of someone getting hurt. So, come out and see why this is your next home. ALSO, the Current FHA loan amount for Brevard is at $314,827 so come with very little money down.

Last Agent to Sell the Property

Ralph Perrone

Zonders Realty LLC License #3421627 Listed on: 06/19/2019

Last Buyer's Agent

Jennifer Page

Engel & Voelkers Melb. Central License #3378743

Engel & Voelkers Melb. Central

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,197

Year Built

  • Built in 1998

Lot Details

  • 5,663 Sq Ft Lot
  • South Facing Home
  • Wood Fence

HOA Fees

  • $72 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Shingle Roof

Interior Spaces

  • 1,847 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Great Room
  • Family Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Dual Closets
  • Walk-In Closet
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Porch

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

  • Assessor Parcel Number 24-37-18-29-0000b.0-0052.00

Community Details

Overview

  • Island Crossings Phase 2 Subdivision
  • Maintained Community

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,197

Year Built

Built in 1998

Lot Details

0

HOA Fees

$72 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1998
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Reso Association Amenities: Maintenance Grounds
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Island Crossings Phase 2
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 24-37-18-29-0000b.0-0052.00
  • 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: 3196.87
  • Location Tax and Legal Tax Year2: 2018
  • General Property Information Living Area2: 1847.0
  • General Property Information Building Area Total3: 2267.0
  • General Property Information Lot Size Acres: 0.13
  • General Property Information Lot Size Square Feet2: 5663.0
  • 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
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Fencing Fenced2: Yes
  • Fencing Wood2: Yes
  • Flooring Laminate: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • General Property Information Community Fee(s) YN: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Flooring Carpet: Yes
  • Levels Two: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • Room Types Great Room: Yes
  • Interior Features Breakfast Nook: Yes
  • Room Types Family Room: Yes
  • Room Types Laundry: Yes
  • Flooring Vinyl: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Nook, Built-in Features, Ceiling Fan(s), Eat-in Kitchen, His and Hers Closets, Open Floorplan, Primary Bathroom - Tub with Shower, Primary Downstairs, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
  • Flooring: Carpet, Laminate, Vinyl, Other
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • ResoLivingAreaSource: PublicRecords
  • General Property Information Bathrooms Half: 1
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Interior Features:Primary Downstairs: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Open Floorplan: Yes
  • Pool Features:Community: Yes
  • Interior Features:Built-in Features: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:His and Hers Closets: Yes

Exterior Features

  • Pool Features: Community
  • Roof: Shingle
  • Fencing: Fenced, Wood
  • Acres: 0.13
  • Waterfront: No
  • Direction Faces: South
  • Patio And Porch Features: Porch
  • Patio and Porch Features:Porch: 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, Water Available
  • Heating: Central
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 217.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 217.0
  • General Property Information:Association Fee Frequency: Quarterly

Schools

  • Middle Or Junior School: Jefferson

Lot Info

  • Lot Size Sq Ft: 5663.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2444091
  • Parcel #: 24-37-18-29-0000b.0-0052.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 3196.87

MLS Schools

  • Elementary School: Audubon
  • High School: Merritt Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2019
Closed on
Jul 30, 2019
Sold by
Perrone Llc
Bought by
Turner William and Turner Ariel N
Seller's Agent
Ralph Perrone
Zonders Realty LLC
Buyer's Agent
Jennifer Page
Engel & Voelkers Melb. Central
List Price
$315,000
Sold Price
$320,000
Premium/Discount to List
$5,000
1.59%
Current Estimated Value
$447,115

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,115
Avg. Annual Appreciation
5.53%
Original Mortgage
$320,000
Outstanding Balance
$286,166
Interest Rate
3.8%
Mortgage Type
VA
Estimated Equity
$157,192

Purchase Details

Listed on
Feb 14, 2019
Closed on
Mar 5, 2019
Sold by
The Bank Of New York Mellon
Bought by
Perrone Llc
Seller's Agent
Tiara Shareef
RealHome Services & Solutions
Buyer's Agent
Ralph Perrone
Perrone Realty, LLC
List Price
$201,400
Sold Price
$171,000
Premium/Discount to List
-$30,400
-15.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
420.23%

Purchase Details

Closed on
Sep 4, 2018
Sold by
Dubois Gregory W and Dubois Allison
Bought by
The Bank Of New York Mellon and Tbw Mortgage Backed Trust

Purchase Details

Closed on
Jul 31, 2002
Sold by
Cotter Paul J and Cotter Jennifer
Bought by
Dubois Gregory W and Dubois Allison

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,960
Interest Rate
6.53%

Purchase Details

Closed on
May 27, 1998
Sold by
Pulte Home Corp
Bought by
Cotter Paul J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,155
Interest Rate
7.11%

Purchase Details

Closed on
Nov 26, 1997
Sold by
Pulte Home Corp
Bought by
Bailey William C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,000
Interest Rate
7.38%
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 Buyer Sale Price Title Company
Turner William $320,000 Attorney
Perrone Llc $171,000 Premium Title Svcs Fl Inc
The Bank Of New York Mellon -- None Available
Dubois Gregory W $148,000 --
Cotter Paul J $123,700 --
Bailey William C $110,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Turner William $320,000
Previous Owner Dubois Gregory W $226,400
Previous Owner Dubois Gregory W $30,000
Previous Owner Dubois Gregory W $150,960
Previous Owner Cotter Paul J $126,155
Previous Owner Bailey William C $83,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2019 07/31/19 Sold $320,000 +1.6% $173 / Sq Ft
07/01/2019 07/01/19 Pending -- -- --
06/19/2019 06/19/19 For Sale $315,000 +84.2% $171 / Sq Ft
03/14/2019 03/14/19 Sold $171,000 -10.7% $93 / Sq Ft
02/21/2019 02/21/19 Pending -- -- --
02/15/2019 02/15/19 Price Changed $191,400 -5.0% $104 / Sq Ft
02/14/2019 02/14/19 For Sale $201,400 +17.8% $109 / Sq Ft
02/12/2019 02/12/19 Off Market $171,000 -- --
02/04/2019 02/04/19 For Sale $201,400 +17.8% $109 / Sq Ft
01/31/2019 01/31/19 Off Market $171,000 -- --
01/24/2019 01/24/19 For Sale $201,400 +17.8% $109 / Sq Ft
01/23/2019 01/23/19 Off Market $171,000 -- --
01/15/2019 01/15/19 For Sale $201,400 +17.8% $109 / Sq Ft
01/11/2019 01/11/19 Off Market $171,000 -- --
01/03/2019 01/03/19 For Sale $201,400 -- $109 / 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 $4,729 $351,190 $0 $0
2022 $4,131 $309,280 $0 $0
2021 $3,978 $257,760 $68,400 $189,360
2020 $3,739 $238,740 $51,300 $187,440
2019 $3,269 $201,370 $39,600 $161,770
2018 $3,197 $196,770 $39,600 $157,170
2017 $3,104 $188,100 $38,700 $149,400
2016 $2,915 $162,320 $26,100 $136,220
2015 $2,828 $140,250 $26,100 $114,150
2014 $2,657 $127,500 $26,100 $101,400
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 848197

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 24-37-18-29-0000B.0-0052.00