NOT LISTED FOR SALE

1368 Otter Ln Merritt Island, FL 32953

Estimated Value: $865,000 - $1,000,284

4 Beds
3 Baths
3,366 Sq Ft
$279/Sq Ft Est. Value

Last Sold July 30, 2021

Last sale price $435,000 $129 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $5,871/month

63 Days on Market

Highlights

  • View of Trees or Woods
  • 1.84 Acre Lot
  • Wooded Lot
  • Lewis Carroll Elementary School Rated A-
  • Open Floorplan
  • Vaulted Ceiling

About This Home

As of July 2021

Attention nature lovers. This beautiful and spacious 1.84 acre plus POND! Home is only minutes from the river as well as the beach! Central to popular and well loved shopping plazas and restaurants! HOA is only $300 per year. 4 bed, 3 bath, 2 car garage. Open concert boasts cathedral ceilings, wood burning fire place, formal dining, room, large kitchen with island and breakfast nook. Master boasts double door entry, wood floors, his & hers walk in closets, with one of the largest master bathrooms that you will find with dual vanities, garden tub, walk in shower, and a private water closet. Large screened porch, and huge laundry room. 4th bedroom can be used as a den or flex space (has built ins & no closet)

Last Agent to Sell the Property

Jennifer&Charles Coley

RE/MAX Elite License #3256490 Listed on: 05/04/2021

RE/MAX Elite

Last Buyer's Agent

Om Dabhi

Real Broker LLC License #3462563

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,165

Year Built

  • Built in 2000

Lot Details

  • 1.84 Acre Lot
  • Cul-De-Sac
  • East Facing Home
  • Wooded Lot

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

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

Interior Spaces

  • 3,366 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Great Room
  • Dining Room
  • Screened Porch
  • Views of Woods

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Patio

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Community Details

  • Otter Trace Association
  • Otter Trace Subdivision
  • Maintained Community

Listing and Financial Details

  • Assessor Parcel Number 23-36-25-50-00000.0-0024.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,165

Year Built

Built in 2000

Lot Details

0

HOA Fees

$25 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2000
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • ResoLotFeatures: Cul-De-Sac, Wooded
  • Road Surface Type: Asphalt
  • Reso View: Trees/Woods
  • Reso Association Amenities: Maintenance Grounds, Management - Full Time
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Otter Trace
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Reso Property Condition: Fixer
  • Location Tax and Legal Parcel Number2: 23-36-25-50-00000.0-0024.00
  • 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: 7165.29
  • Location Tax and Legal Tax Year2: 2020
  • General Property Information Living Area2: 3366.0
  • General Property Information Building Area Total3: 4741.0
  • General Property Information Lot Size Acres: 1.84
  • General Property Information Lot Size Square Feet2: 80150.0
  • 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: East
  • Appliances Refrigerators: Yes
  • Cooling Central Air: 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
  • Pets Allowed Yes: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Road Surface Type Asphalt: Yes
  • Roof:Shingle: Yes
  • Flooring Carpet: Yes
  • Water Source Public: Yes
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • General Property Information Carport YN2: No
  • Room Types Dining Room: Yes
  • Room Types Great Room: Yes
  • Interior Features Breakfast Nook: Yes
  • Room Types Laundry: Yes
  • View TreesWoods: Yes
  • Property Condition Fixer: Yes
  • General Property Information:Pool Private YN: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Nook, Ceiling Fan(s), Eat-in Kitchen, Kitchen Island, Open Floorplan, Pantry, Primary Bathroom - Tub with Shower, Primary Bathroom -Tub with Separate Shower, Primary Downstairs, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
  • Flooring: Carpet, Tile
  • Appliances: Dishwasher, Electric Water Heater, Refrigerator
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning, Other
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Open Floorplan: 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

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Acres: 1.84
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: East
  • 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: 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
  • Heating: Central
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 300.0
  • Association Fee Frequency: Annually
  • Association Name: Otter Trace
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: Otter Trace
  • General Property Information:Association Fee: 300.0
  • General Property Information:Association Fee Frequency: Annually

Schools

  • Middle Or Junior School: Jefferson

Lot Info

  • Lot Size Sq Ft: 80150.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2319318
  • Parcel #: 23-36-25-50-00000.0-0024.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 7165.29

MLS Schools

  • Elementary School: Carroll
  • High School: Merritt Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2021
Closed on
Jul 21, 2021
Sold by
Poff James S and Sandra L Burman Trust
Bought by
Scholl Christopher and Martin Madison D
Seller's Agent
Jennifer&Charles Coley
RE/MAX Elite
Buyer's Agent
Om Dabhi
Real Broker LLC
List Price
$500,000
Sold Price
$435,000
Premium/Discount to List
-$65,000
-13%
Current Estimated Value
$940,571

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$505,571
Avg. Annual Appreciation
20.00%
Original Mortgage
$304,000
Interest Rate
2.93%
Mortgage Type
Balloon

Purchase Details

Closed on
Jun 7, 2010
Sold by
Burman Sandra L
Bought by
Burman Sandra L and Sandra L Burman Trust

Purchase Details

Closed on
Feb 25, 2000
Sold by
Otter Trace L C
Bought by
Burman Don M and Burman Sandra L
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
Scholl Christopher $435,000 State Title Partners Llp
Burman Sandra L -- Attorney
Burman Don M $52,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Scholl Christopher $304,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2021 07/30/21 Sold $435,000 -8.4% $129 / Sq Ft
06/18/2021 06/18/21 Pending -- -- --
06/07/2021 06/07/21 Price Changed $475,000 -5.0% $141 / Sq Ft
05/04/2021 05/04/21 For Sale $500,000 0.0% $149 / Sq Ft
04/20/2021 04/20/21 Pending -- -- --
04/15/2021 04/15/21 For Sale $500,000 -- $149 / 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 $10,486 $839,880 -- --
2024 $10,446 $849,800 -- --
2023 $10,446 $825,050 $0 $0
2022 $9,784 $801,020 $0 $0
2021 $6,951 $475,520 $80,000 $395,520
2020 $7,165 $486,790 $95,000 $391,790
2019 $7,370 $490,510 $107,000 $383,510
2018 $7,498 $486,330 $108,000 $378,330
2017 $7,569 $471,800 $102,000 $369,800
2016 $7,242 $429,410 $92,000 $337,410
2015 $7,073 $400,090 $92,000 $308,090
2014 $6,583 $363,720 $72,000 $291,720
Source: Public Records

Agents Affiliated with this Home

  • Jennifer&Charles Coley

    Seller's Agent in 2021

    Jennifer&Charles Coley

    RE/MAX

    (561) 818-2761

    1 in this area

    187 Total Sales

    Jennifer&Charles Coley
    Section Image
  • Om Dabhi

    Buyer's Agent in 2021

    Om Dabhi

    Real Broker LLC

    (321) 794-0216

    9 in this area

    55 Total Sales

    Om Dabhi
    Section Image

  • J

    Buyer Co-Listing Agent in 2021

    Justin Reynolds

    Blue Marlin Real Estate

    (321) 208-6511

    6 in this area

    32 Total Sales

    Justin Reynolds
    Section Image
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Map

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

MLS Number: 901096

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 23-36-25-50-00000.0-0024.00

Florida Brevard County Merritt Island 32953

1368 Otter Ln, Merritt Island, FL

This home is located at 1368 Otter Ln, Merritt Island, FL 32953 since 04 May 2021 and is currently estimated at $940,571, approximately $279 per square foot. This property was built in 2000. 1368 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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