NOT LISTED FOR SALE

1279 Potomac Dr Merritt Island, FL 32952

Estimated Value: $396,327 - $412,000

3 Beds
2 Baths
1,565 Sq Ft
$258/Sq Ft Est. Value

Last Sold June 15, 2012

Last sale price $139,900 $89 Per Sq Ft

Est. 189% increase in value since last sale

Current estimated payment $2,430/month

480 Days on Market

Highlights

  • In Ground Pool
  • Open Floorplan
  • Pool View
  • Audubon Elementary School Rated 9+
  • Vaulted Ceiling
  • Screened Porch

About This Home

As of June 2012

NOT A SHORT SALE! Double door front entry has pavered porch. Spacious Great Room with cathedral ceilings. Large eat-in kitchen with utility room. Area next to kitchen could be used as family room/formal dining. Sliders to the large screened patio with pool and hottub. Modern ceramic tile throughout with decorative inserts. Master bdrm has walk-in closet, bathroom has jetted tub. Just a little TLC to make this property shine again.

Last Agent to Sell the Property

Tim Murray

Pytha Realty Group License #3220960 Listed on: 11/30/2010

Pytha Realty Group

Co-Listed By

Richard Lemon

Pytha Realty Group

Last Buyer's Agent

Jenn Clements

Daignault Realty Inc License #3098566

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,508

Year Built

  • Built in 1998

Lot Details

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

HOA Fees

  • $71 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,565 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Vaulted Ceiling
  • Living Room
  • Dining Room
  • Screened Porch
  • Tile Flooring
  • Pool Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Ice Maker

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom
  • Spa Bath

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Pool

  • In Ground Pool
  • Screen Enclosure

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • Island Crossings Phase 2 Subdivision
  • Maintained Community

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 243718290000C0004500

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,508

Year Built

Built in 1998

Lot Details

0

HOA Fees

$71 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 View: Pool
  • Reso Association Amenities: Maintenance Grounds, Management - Full Time
  • Co List Office Mls Id: pyth0
  • Co List Office Phone: 321-252-4644
  • ResoSpecialListingConditions: Real Estate Owned
  • Subdivision Name: Island Crossings Phase 2
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 243718290000C0004500
  • Location Tax and Legal Tax Annual Amount: 2507.59
  • Location Tax and Legal Tax Year2: 2010
  • General Property Information Living Area2: 1565.0
  • General Property Information Building Area Total3: 2216.0
  • General Property Information Lot Size Acres: 0.13
  • General Property Information Lot Size Square Feet2: 5662.8
  • 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
  • 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
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • View Pool: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • Room Types Dining Room: Yes
  • Pool Features Screen Enclosure: Yes
  • Room Types Laundry: Yes
  • Room Types Living Room: Yes
  • Special Listing Conditions Real Estate Owned: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Bar, Built-in Features, Eat-in Kitchen, Open Floorplan, Primary Bathroom - Tub with Shower, Vaulted Ceiling(s), Walk-In Closet(s)
  • Flooring: Tile
  • Spa Features: Bath
  • Appliances: Ice Maker
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Total Bedrooms: 6
  • ResoLivingAreaSource: Other
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Open Floorplan: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Built-in Features: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Spa Features:Bath: Yes

Exterior Features

  • Pool Features: In Ground, Private, Screen Enclosure
  • Roof: Shingle
  • Fencing: Fenced, Wood
  • Acres: 0.13
  • 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
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Attached: 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

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

Lot Info

  • Lot Size Sq Ft: 5662.8
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2444121
  • Parcel #: 243718290000C0004500
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2010
  • Tax Annual Amount: 2507.59

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2010
Closed on
Jun 15, 2012
Sold by
The Bank Of New York Mellon
Bought by
Nickum Trisha A
Seller's Agent
Tim Murray
Pytha Realty Group
Buyer's Agent
Jenn Clements
Daignault Realty Inc
List Price
$151,900
Sold Price
$139,900
Premium/Discount to List
-$12,000
-7.9%
Current Estimated Value
$404,332

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$264,432
Avg. Annual Appreciation
8.35%
Original Mortgage
$111,900
Outstanding Balance
$77,862
Interest Rate
3.84%
Estimated Equity
$326,470

Purchase Details

Closed on
Mar 14, 2012
Sold by
Ferrucci Arthur N Roberta and Ferrucci Arthur N
Bought by
The Bank Of New York

Purchase Details

Closed on
Mar 24, 2006
Sold by
Early Patricia A
Bought by
Ferrucci Arthur N and Ferrucci Roberta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.87%

Purchase Details

Closed on
May 4, 1998
Sold by
Pulte Home Corp
Bought by
Early Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,950
Interest Rate
7.03%
Source: Public Records

Range of Values:

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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
Nickum Trisha A $139,900 Attorney
The Bank Of New York -- Attorney
Ferrucci Arthur N $320,000 Fidelity Natl Title Ins Co
Early Patricia A $115,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nickum Trisha A $111,900
Previous Owner Ferrucci Arthur N $100,855
Previous Owner Ferrucci Arthur N $280,000
Previous Owner Early Patricia A $50,000
Previous Owner Early Patricia A $135,000
Previous Owner Early Patricia A $103,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2012 06/15/12 Sold $139,900 -7.9% $89 / Sq Ft
03/23/2012 03/23/12 Pending -- -- --
11/29/2010 11/29/10 For Sale $151,900 -- $97 / 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 $1,917 $149,100 -- --
2023 $1,917 $144,760 $0 $0
2022 $1,786 $140,550 $0 $0
2021 $1,833 $136,460 $0 $0
2020 $1,778 $134,580 $0 $0
2019 $1,719 $131,560 $0 $0
2018 $1,716 $129,110 $0 $0
2017 $1,719 $126,460 $0 $0
2016 $1,736 $123,860 $29,000 $94,860
2015 $1,775 $123,000 $29,000 $94,000
2014 $1,783 $122,030 $29,000 $93,030
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 584761

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 24-37-18-29-0000C.0-0045.00