NOT LISTED FOR SALE

1285 Mercedes Dr Merritt Island, FL 32952

Estimated Value: $633,000 - $703,000

4 Beds
2.5 Baths
2,390 Sq Ft
$278/Sq Ft Est. Value

Last Sold May 21, 2018

Last sale price $380,000 $159 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $4,021/month

13 Days on Market

Highlights

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

About This Home

As of May 2018

Immaculate S. Merritt Island Pool Home built in Twin Rivers! 4 Bedrooms/2.1 Baths on a lush .34 acre lot! Stunning, bright, open floor plan boasts volume ceilings, Master Suite, formal dining & living rooms, family room, kitchen, laundry room w/half bath. Kitchen has breakfast bar & breakfast nook overlooking the pool! Fabulous master includes pool access, huge walk in closet, shower, garden tub & double sinks! Generous guest rooms and large guest bath with pool/patio access. Gorgeous, lush backyard, screened in porch, tropical lanai & pool perfect for entertaining! 3 Car Garage for the car enthusiast! Private irrigation well!Community dock on the Indian River!

Last Agent to Sell the Property

Toni Pastermack

Pastermack Real Estate License #555056 Listed on: 04/10/2018

Last Buyer's Agent

Tanner Langston

Blue Marlin Real Estate License #3329755

Blue Marlin Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,622

Year Built

  • Built in 1993

Lot Details

  • 0.34 Acre Lot
  • Cul-De-Sac
  • North Facing Home
  • Front and Back Yard Sprinklers

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Asphalt
  • Stucco

Interior Spaces

  • 2,390 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Screened Porch
  • Pool Views
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Range
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Sink Near Laundry

Pool

  • In Ground Pool
  • Screen Enclosure

Outdoor Features

  • Patio

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 25-36-24-02-00000.0-0002.00

Community Details

Overview

  • Twin Rivers Subdivision
  • Maintained Community

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,622

Year Built

Built in 1993

Lot Details

0

HOA Fees

$33 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 1993
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Sink
  • ResoLotFeatures: Cul-De-Sac, Sprinklers In Front, Sprinklers In Rear
  • Road Surface Type: Asphalt
  • Reso View: Pool
  • ResoSecurityFeatures: Smoke Detector(s)
  • Reso Association Amenities: Boat Dock, Maintenance Grounds
  • 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: 25-36-24-02-00000.0-0002.00
  • 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: 2622.4
  • Location Tax and Legal Tax Year2: 2017
  • General Property Information Living Area2: 2390.0
  • General Property Information Building Area Total3: 3008.0
  • 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
  • Flooring Laminate: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Levels One: Yes
  • Pool Features In Ground: Yes
  • Pool Features Private: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Road Surface Type Asphalt: 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
  • Water Source Well: Yes
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • Room Types Dining Room: Yes
  • Interior Features Breakfast Nook: Yes
  • Pool Features Screen Enclosure: Yes
  • Room Types Family Room: Yes
  • Room Types Laundry: Yes
  • Room Types Living Room: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Bar, Breakfast Nook, Built-in Features, Ceiling Fan(s), Eat-in Kitchen, Kitchen Island, Open Floorplan, Pantry, Primary Bathroom - Tub with Shower, Primary Bathroom -Tub with Separate Shower, Skylight(s), Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
  • Flooring: Carpet, Laminate, Tile
  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Freezer, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning, Other
  • Total Bedrooms: 12
  • ResoLivingAreaSource: PublicRecords
  • General Property Information Bathrooms Half: 1
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Built-in Features: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Kitchen Island: 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
  • Interior Features:Skylight(s): Yes
  • Appliances:Freezer: Yes

Exterior Features

  • Pool Features: In Ground, Private, Screen Enclosure
  • Roof: Shingle
  • Acres: 0.34
  • 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
  • Lot Features:Cul-De-Sac: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Lot Features:Sprinklers In Rear: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: Attached, Garage Door Opener
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 3.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

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

Association/Amenities

  • General Property Information:Association YN: Yes
  • 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: 2511502
  • Parcel #: 25-36-24-02-00000.0-0002.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 2622.4

MLS Schools

  • Elementary School: Tropical
  • High School: Merritt Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2018
Closed on
May 21, 2018
Sold by
Schulthess Douglas R and Schulthess Loye M
Bought by
Hankins John and Hankins Andrea
Seller's Agent
Toni Pastermack
Pastermack Real Estate
Buyer's Agent
Tanner Langston
Blue Marlin Real Estate
List Price
$389,900
Sold Price
$380,000
Premium/Discount to List
-$9,900
-2.54%
Current Estimated Value
$665,268

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$285,268
Avg. Annual Appreciation
8.12%
Original Mortgage
$388,170
Interest Rate
4.4%

Purchase Details

Closed on
Dec 21, 1993
Sold by
Centex Real Est Corp
Bought by
Schulthess Douglas R and Schulthess Loye M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,300
Interest Rate
7.05%
Source: Public Records

Range of Values:

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List 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
Hankins John $380,000 Intl Title & Escrow Co Llc
Schulthess Douglas R $168,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hankins John $423,368
Closed Hankins John $423,530
Closed Hankins John $388,170
Previous Owner Schulthess Douglas R $72,000
Previous Owner Schulthess Douglas R $160,850
Previous Owner Schulthess Douglas R $153,000
Previous Owner Schulthess Douglas R $163,685
Previous Owner Schulthess Douglas R $160,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2018 05/21/18 Sold $380,000 -2.5% $159 / Sq Ft
04/24/2018 04/24/18 Pending -- -- --
04/10/2018 04/10/18 For Sale $389,900 -- $163 / 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 $4,691 $371,560 -- --
2023 $4,691 $360,740 $0 $0
2022 $4,390 $350,240 $0 $0
2021 $4,608 $340,040 $0 $0
2020 $4,560 $335,350 $0 $0
2019 $4,326 $313,420 $51,000 $262,420
2018 $4,913 $308,590 $64,000 $244,590
2017 $2,622 $181,310 $0 $0
2016 $2,662 $177,590 $35,000 $142,590
2015 $2,733 $176,360 $35,000 $141,360
2014 $2,750 $174,960 $35,000 $139,960
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 810405

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 25-36-24-02-00000.0-0002.00