NOT LISTED FOR SALE

1367 Otter Ln Merritt Island, FL 32953

Estimated Value: $787,000 - $1,180,000

5 Beds
3 Baths
3,276 Sq Ft
$278/Sq Ft Est. Value

Last Sold November 14, 2012

Last sale price $285,000 $87 Per Sq Ft

Est. 219% increase in value since last sale

Current estimated payment $5,191/month

61 Days on Market

Highlights

  • In Ground Pool
  • Wooded Lot
  • Screened Porch
  • Lewis Carroll Elementary School Rated A-
  • Pool View
  • Cul-De-Sac

About This Home

As of November 2012

Short Sale-Great home for large family or for inlaw suite. Eat-in kitchen, private backyard, great floor plan. Tropical pool and spa. Beautiful cherry kitchen cabintry, high ceilings. There is a craft room plus 5th bedroom is 15 x 28 next to the pool. Need TLC on carpet & appliances.

Last Agent to Sell the Property

George Lewis

RE/MAX Absolute Service Team Listed on: 04/18/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,004

Year Built

  • Built in 2001

Lot Details

  • 0.6 Acre Lot
  • Cul-De-Sac
  • North Facing Home
  • Wood Fence
  • Wooded Lot

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,276 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Ceiling Fan
  • Screened Porch
  • Tile Flooring
  • Pool Views

Kitchen

  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Pool

  • In Ground Pool
  • Screen Enclosure

Outdoor Features

  • Patio

Schools

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

Utilities

  • Central Air
  • Septic Tank
  • Cable TV Available

Community Details

  • Property has a Home Owners Association
  • Otter Trace Subdivision
  • Maintained Community

Listing and Financial Details

  • Short Sale
  • Assessor Parcel Number 23362550000000002600

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,004

Year Built

Built in 2001

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 2001
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • ResoLotFeatures: Cul-De-Sac, Wooded
  • Reso View: Pool
  • ResoSecurityFeatures: Security System Owned, Smoke Detector(s)
  • Reso Association Amenities: Maintenance Grounds
  • ResoSpecialListingConditions: Short Sale
  • Subdivision Name: Otter Trace
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 23362550000000002600
  • Location Tax and Legal Elementary School: Carroll
  • Location Tax and Legal Middle School2: Jefferson
  • Location Tax and Legal High School: Merritt Island
  • Location Tax and Legal Tax Annual Amount: 5003.81
  • Location Tax and Legal Tax Year2: 2010
  • General Property Information Living Area2: 3276.0
  • General Property Information Building Area Total3: 4459.0
  • General Property Information Lot Size Acres: 0.6
  • General Property Information Lot Size Square Feet2: 26136.0
  • 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
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Fencing Fenced2: Yes
  • Fencing Wood2: Yes
  • Flooring Tile: 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
  • Utilities Cable Available: Yes
  • View Pool: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • Pool Features Screen Enclosure: Yes
  • Security Features Security System Owned: Yes
  • Room Types Laundry: Yes
  • Special Listing Conditions Short Sale: Yes
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-in Features, Ceiling Fan(s), Split Bedrooms, Walk-In Closet(s)
  • Flooring: Tile
  • Appliances: Dishwasher, Disposal, Ice Maker
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Total Bedrooms: 8
  • ResoLivingAreaSource: Other
  • Appliances Dishwasher: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Built-in Features: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Walk-In Closet(s): Yes

Exterior Features

  • Pool Features: In Ground, Private, Screen Enclosure, Other
  • Roof: Shingle
  • Fencing: Fenced, Wood
  • Acres: 0.6
  • 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:Wooded: 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, Electric
  • Utilities: Cable Available, Water Available
  • Cooling Y N: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 150.0
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 150.0

Schools

  • Middle Or Junior School: Jefferson

Lot Info

  • Lot Size Sq Ft: 26136.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2319320
  • Parcel #: 23362550000000002600
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2010
  • Tax Annual Amount: 5003.81

MLS Schools

  • Elementary School: Carroll
  • High School: Merritt Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2012
Closed on
Nov 14, 2012
Sold by
Cormier Karen
Bought by
Deaton James W and Deaton Nancy B
Seller's Agent
George Lewis
RE/MAX Absolute Service Team
List Price
$295,000
Sold Price
$285,000
Premium/Discount to List
-$10,000
-3.39%
Current Estimated Value
$909,214

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$624,214
Avg. Annual Appreciation
9.38%
Original Mortgage
$256,500
Outstanding Balance
$177,330
Interest Rate
3.4%
Estimated Equity
$731,884

Purchase Details

Closed on
Feb 25, 2005
Sold by
Wade William O and Wade Carol
Bought by
Cormier Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
5.61%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jun 15, 2001
Sold by
Wade William E
Bought by
Wade William D and Wade Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,000
Interest Rate
7.06%

Purchase Details

Closed on
May 30, 2000
Sold by
Otter Trace L C
Bought by
Wade William E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,675
Interest Rate
8.27%
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
Deaton James W $285,000 Attorney
Cormier Karen $560,000 Island Title & Escrow Corp
Wade William D $29,000 --
Wade William E $28,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Deaton James W $256,500
Previous Owner Cormier Karen $420,000
Previous Owner Wade William D $238,000
Previous Owner Wade William E $21,675
Closed Cormier Karen $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/14/2012 11/14/12 Sold $285,000 -3.4% $87 / Sq Ft
06/18/2012 06/18/12 Pending -- -- --
04/18/2012 04/18/12 For Sale $295,000 -- $90 / 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
2025 $4,618 $365,570 -- --
2024 $4,578 $355,270 -- --
2023 $4,578 $344,930 $0 $0
2022 $4,287 $334,890 $0 $0
2021 $4,490 $325,140 $0 $0
2020 $4,425 $320,660 $0 $0
2019 $4,388 $313,460 $0 $0
2018 $4,406 $307,620 $0 $0
2017 $4,461 $301,300 $0 $0
2016 $4,547 $295,110 $47,000 $248,110
2015 $4,689 $293,060 $47,000 $246,060
2014 $4,681 $287,990 $37,000 $250,990
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2012

    George Lewis

    RE/MAX

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Map

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

MLS Number: 638811

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 23-36-25-50-00000.0-0026.00

Florida Brevard County Merritt Island 32953

1367 Otter Ln, Merritt Island, FL

This home is located at 1367 Otter Ln, Merritt Island, FL 32953 since 18 April 2012 and is currently estimated at $909,214, approximately $277 per square foot. This property was built in 2001. 1367 Otter Ln is a home located in Brevard County with nearby schools including Lewis Carroll 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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