NOT LISTED FOR SALE

131 Island Grove Dr Merritt Island, FL 32952

Estimated Value: $623,000 - $823,000

4 Beds
3 Baths
2,635 Sq Ft
$268/Sq Ft Est. Value

Last Sold March 11, 2021

Last sale price $475,000 $180 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $4,417/month

4 Days on Market

Highlights

  • In Ground Pool
  • Screened Porch
  • Cul-De-Sac
  • Vaulted Ceiling
  • Breakfast Area or Nook
  • 2 Car Attached Garage

About This Home

As of March 2021

Tropical Paradise home located in the extremely desired area of South Merritt Island. Quiet cul de sac street to the west of South Tropical Trail. Kitchen remodeled very open and spacious with beautiful granite counter tops, natural wood cabinets with pull out drawers. Double oven gas stove with griddle. Home offers 4 Bedrooms 3 bath. New Roof 2019, New Carrier AC 2020. Pool was resurfaced in 2018 and New pavers. Oversized Screen porch, great for entertaining. New deep water irrigation well 2017 for lawn sprinklers.

Last Agent to Sell the Property

Ronnie Lawhon

Coldwell Banker Realty License #632601 Listed on: 02/01/2021

Coldwell Banker Realty

Last Buyer's Agent

Michael Derrick

Derrick Real Estate Group, Inc License #3042077

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,832

Year Built

  • Built in 1988

Lot Details

  • 0.35 Acre Lot
  • Cul-De-Sac
  • North Facing Home
  • Wood Fence
  • Chain Link Fence
  • Front and Back Yard Sprinklers

HOA Fees

  • $29 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Frame Construction
  • Shingle Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 2,635 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Family Room
  • Dining Room
  • Screened Porch

Kitchen

  • Breakfast Area or Nook
  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • 3 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Patio

Schools

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

Utilities

  • Cooling Available
  • Heating Available
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • Island Grove/ Mark Rahner Association
  • Island Grove Subdivision

Listing and Financial Details

  • Assessor Parcel Number 25-37-30-27-00000.0-0004.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,832

Year Built

Built in 1988

Lot Details

0

HOA Fees

$29 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1988
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Cul-De-Sac, Sprinklers In Front, Sprinklers In Rear
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Island Grove
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 25-37-30-27-00000.0-0004.00
  • 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: 2832.49
  • Location Tax and Legal Tax Year2: 2020
  • General Property Information Living Area2: 2635.0
  • General Property Information Building Area Total3: 3164.0
  • General Property Information Lot Size Acres: 0.35
  • General Property Information Lot Size Square Feet2: 15246.0
  • 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:Electric: Yes
  • Fencing Fenced2: Yes
  • Fencing Wood2: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • General Property Information Community Fee(s) YN: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Levels One: Yes
  • Pets Allowed Yes: Yes
  • Pool Features In Ground: Yes
  • Pool Features Private: Yes
  • Roof:Shingle: Yes
  • Water Source Well: Yes
  • Fencing Chain Link: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • Room Types Dining Room: Yes
  • Interior Features Breakfast Nook: Yes
  • Room Types Family Room: Yes
  • Room Types Laundry: Yes
  • Flooring Vinyl: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Nook, Ceiling Fan(s), Primary Bathroom - Tub with Shower, Split Bedrooms, Vaulted Ceiling(s)
  • Flooring: Tile, Vinyl
  • Appliances: Dishwasher, Dryer, Electric Water Heater, Gas Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning, Other
  • Total Bedrooms: 9
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Gas Range: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Fireplace Features:Wood Burning: Yes

Exterior Features

  • Pool Features: In Ground, Private
  • Roof: Shingle
  • Fencing: Chain Link, Fenced, Wood
  • Acres: 0.35
  • Waterfront: No
  • Construction Type: Frame, Stucco, Wood Siding
  • Direction Faces: North
  • Patio And Porch Features: Patio, Porch, Screened
  • 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
  • Construction Materials:Frame: Yes
  • Construction Materials:Wood Siding: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Lot Features:Sprinklers In Rear: 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: Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public, Well
  • Heating:Electric3: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 350.0
  • Association Fee Frequency: Annually
  • Association Name: Island Grove/ Mark Rahner
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: Island Grove/ Mark Rahner
  • General Property Information:Association Fee: 350.0
  • General Property Information:Association Fee Frequency: Annually

Schools

  • Middle Or Junior School: Jefferson

Lot Info

  • Lot Size Sq Ft: 15246.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2520849
  • Parcel #: 25-37-30-27-00000.0-0004.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 2832.49

MLS Schools

  • Elementary School: Tropical
  • High School: Merritt Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2021
Closed on
Mar 5, 2021
Sold by
Shannon Stephen M and Shannon Vickie J
Bought by
Box Robert E and Box Adina M
Seller's Agent
Ronnie Lawhon
Coldwell Banker Realty
Buyer's Agent
Michael Derrick
Derrick Real Estate Group, Inc
List Price
$474,900
Sold Price
$475,000
Premium/Discount to List
$100
0.02%
Current Estimated Value
$707,418

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$232,418
Avg. Annual Appreciation
10.70%
Original Mortgage
$475,000
Outstanding Balance
$430,614
Interest Rate
2.7%
Mortgage Type
VA
Estimated Equity
$316,163

Purchase Details

Closed on
Sep 10, 1999
Sold by
Kahle K Wayne and Kahle Sandra C
Bought by
Shannon Stephen M and Shannon Vickie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
8.22%
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
Box Robert E $475,000 Title Solutions Of Fl Llc
Shannon Stephen M $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Box Robert E $80,000
Open Box Robert E $475,000
Previous Owner Shannon Stephen M $161,332
Previous Owner Shannon Stephen M $144,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2021 03/11/21 Sold $475,000 0.0% $180 / Sq Ft
02/05/2021 02/05/21 Pending -- -- --
02/01/2021 02/01/21 For Sale $474,900 -- $180 / 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 $6,399 $500,000 $0 $0
2022 $5,990 $485,440 $0 $0
2021 $2,918 $205,270 $0 $0
2020 $2,832 $202,440 $0 $0
2019 $2,780 $197,890 $0 $0
2018 $2,782 $194,210 $0 $0
2017 $2,799 $190,220 $0 $0
2016 $2,842 $186,310 $42,000 $144,310
2015 $2,919 $185,020 $42,000 $143,020
2014 $2,937 $183,560 $42,000 $141,560
Source: Public Records

Agents Affiliated with this Home

  • Ronnie Lawhon

    Seller's Agent in 2021

    Ronnie Lawhon

    Coldwell Banker Realty

    (321) 960-1173

    12 in this area

    112 Total Sales

    Section Image

  • M

    Buyer's Agent in 2021

    Michael Derrick

    Derrick Real Estate Group, Inc

    Section Image

  • N

    Buyer Co-Listing Agent in 2021

    Natalie Derrick

    Derrick Real Estate Group, Inc

See All Agents

Map

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

MLS Number: 895888

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 25-37-30-27-00000.0-0004.00

Florida Brevard County Merritt Island 32952

131 Island Grove Dr, Merritt Island, FL

This home is located at 131 Island Grove Dr, Merritt Island, FL 32952 since 01 February 2021 and is currently estimated at $707,418, approximately $268 per square foot. This property was built in 1988. 131 Island Grove Dr is a home located in Brevard County with nearby schools including Tropical Elementary School, Thomas Jefferson Middle School, and Merritt Island High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Space Coast MLS (Space Coast Association of REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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