NOT LISTED FOR SALE

1280 Potomac Dr Merritt Island, FL 32952

Estimated Value: $382,000 - $416,000

3 Beds
2 Baths
1,559 Sq Ft
$258/Sq Ft Est. Value

Last Sold February 25, 2019

Last sale price $235,000 $151 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $2,502/month

75 Days on Market

Highlights

  • In Ground Pool
  • Clubhouse
  • Great Room
  • Open Floorplan
  • Pool View
  • Porch

About This Home

As of February 2019

***** Price reduced $11k ***** to compensate roof replacement for this lovely 3 bedroom / 2 bath pool home in desirable River Walk. (located behind Island Crossings). Great room plan with high ceilings, all tile floors and newer appliances. Ideal location close to Kelly Park East and West, 10 minute drive to the beach and easy access to 528 & 520, only a 40 minute drive to Orlando airport.

Last Agent to Sell the Property

Agi Anderson

Space Coast Realty & Inv. LLC Listed on: 10/29/2018

Last Buyer's Agent

Flavia Barrial

Exit 1st Class Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,014

Year Built

  • Built in 1997

Lot Details

  • 6,098 Sq Ft Lot
  • South Facing Home
  • Wood Fence

HOA Fees

  • $72 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,559 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Great Room
  • Pool Views
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Range

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • In Ground Pool
  • Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 24-37-18-29-0000b.0-0054.00

Community Details

Overview

  • Association fees include insurance
  • Island Crossings Phase 2 Subdivision
  • Maintained Community

Amenities

  • Clubhouse

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,014

Year Built

Built in 1997

Lot Details

0

HOA Fees

$72 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1997
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Reso View: Pool
  • ResoSecurityFeatures: Smoke Detector(s)
  • Reso Association Amenities: Clubhouse, Maintenance Grounds, Management - Full Time
  • Reso Association Fee Includes: Insurance
  • ResoSpecialListingConditions: Standard
  • 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: 24-37-18-29-0000b.0-0054.00
  • 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: 3014.48
  • Location Tax and Legal Tax Year2: 2017
  • General Property Information Living Area2: 1559.0
  • General Property Information Building Area Total3: 1979.0
  • 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
  • Fencing Fenced2: Yes
  • Fencing Wood2: Yes
  • Flooring Tile: 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
  • 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
  • Sewer:Public Sewer: Yes
  • Utilities Electricity Connected: Yes
  • View Pool: Yes
  • Flooring Carpet: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • Room Types Great Room: Yes
  • Room Types Laundry: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen, Open Floorplan, Walk-In Closet(s)
  • Flooring: Carpet, Tile
  • Appliances: Electric Range, Electric Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • ResoLivingAreaSource: PublicRecords
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Open Floorplan: Yes
  • Pool Features:Community: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Walk-In Closet(s): Yes

Exterior Features

  • Pool Features: Community, In Ground, Private
  • Roof: Shingle
  • Fencing: Fenced, Wood
  • Acres: 0.14
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: South
  • Patio And Porch Features: Porch
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio and Porch Features:Porch: 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
  • Utilities: Electricity Connected, 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
  • Association Fee Includes:Insurance: Yes
  • Association Amenities:Clubhouse: Yes

Schools

  • Middle Or Junior School: Jefferson

Lot Info

  • Lot Size Sq Ft: 6098.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2444093
  • Parcel #: 24-37-18-29-0000b.0-0054.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 3014.48

MLS Schools

  • Elementary School: Audubon
  • High School: Merritt Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2018
Closed on
Feb 22, 2019
Sold by
Minave Llc
Bought by
Ralston Robert and Ralston Deborah
Seller's Agent
Agi Anderson
Space Coast Realty & Inv. LLC
Buyer's Agent
Flavia Barrial
Exit 1st Class Realty
List Price
$259,900
Sold Price
$235,000
Premium/Discount to List
-$24,900
-9.58%
Current Estimated Value
$412,325

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,325
Avg. Annual Appreciation
9.04%
Original Mortgage
$235,000
Outstanding Balance
$208,678
Interest Rate
4.4%
Mortgage Type
VA
Estimated Equity
$203,151

Purchase Details

Closed on
Jun 1, 2011
Sold by
Nalluri Suseela Venkata
Bought by
Minave Llc

Purchase Details

Closed on
Mar 16, 2011
Sold by
Fannie Mae
Bought by
Nalluri Suseela Venkata

Purchase Details

Closed on
Sep 23, 2010
Sold by
Jpmorgan Chase Bank National Association
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 13, 2010
Sold by
Downs William R and Case #05-2009-Ca-64335-Xxxx-Xx
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Jan 6, 2006
Sold by
Serrano Fernando
Bought by
Downs William R and Downs Alison V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.18%

Purchase Details

Closed on
Mar 14, 2003
Sold by
Obrien Paul J and Obrien Brenda J
Bought by
Serrano Fernando

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,200
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage
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
Ralston Robert $235,000 Attorney
Minave Llc -- Attorney
Nalluri Suseela Venkata $140,000 Reo Title Company Of Fl Llc
Federal National Mortgage Association -- Reo Title Co
Jpmorgan Chase Bank National Association -- None Available
Downs William R $295,000 Fidelity National Title
Serrano Fernando $164,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ralston Robert $235,000
Previous Owner Downs William R $175,000
Previous Owner Serrano Fernando $232,000
Previous Owner Serrano Fernando $193,500
Previous Owner Serrano Fernando $131,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2019 02/25/19 Sold $235,000 -3.7% $151 / Sq Ft
01/12/2019 01/12/19 Pending -- -- --
01/04/2019 01/04/19 Price Changed $244,000 -2.0% $157 / Sq Ft
11/30/2018 11/30/18 Price Changed $249,000 -4.2% $160 / Sq Ft
10/29/2018 10/29/18 For Sale $259,900 0.0% $167 / Sq Ft
12/08/2017 12/08/17 Rented $1,800 0.0% --
11/13/2017 11/13/17 Price Changed $1,800 -5.3% $1 / Sq Ft
10/07/2017 10/07/17 For Rent $1,900 +36.2% --
08/27/2013 08/27/13 Rented $1,395 0.0% --
07/28/2013 07/28/13 Under Contract -- -- --
05/15/2013 05/15/13 For Rent $1,395 -- --
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 $2,213 $173,990 $0 $0
2022 $2,062 $168,930 $0 $0
2021 $2,126 $164,010 $0 $0
2020 $1,840 $144,180 $0 $0
2019 $3,170 $197,690 $39,600 $158,090
2018 $3,088 $189,520 $39,600 $149,920
2017 $3,014 $183,590 $38,700 $144,890
2016 $2,831 $158,800 $26,100 $132,700
2015 $2,755 $138,680 $26,100 $112,580
2014 $2,589 $126,080 $26,100 $99,980
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 828253

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 24-37-18-29-0000B.0-0054.00