NOT LISTED FOR SALE

1492 Bent Palm Dr Merritt Island, FL 32952

Estimated Value: $596,000 - $1,123,000

5 Beds
3 Baths
3,646 Sq Ft
$227/Sq Ft Est. Value

Last Sold June 29, 2012

Last sale price $240,000 $66 Per Sq Ft

Est. 245% increase in value since last sale

Current estimated payment $4,930/month

111 Days on Market

Highlights

  • Lake Front
  • Home fronts a pond
  • Wood Flooring
  • In Ground Pool
  • 0.53 Acre Lot
  • Screened Porch

About This Home

As of June 2012

YOU ARE THE WINNER when you buy this spacious 5 bedroom, 3 bath home, with screened patio and pool and 2 car garage. Bank of America Home Loans Prequalification required on all offers, Please allow 2-3 business days for seller response

Last Agent to Sell the Property

Barbara Zorn

Better Homes & Gardens RE Star License #434043 Listed on: 12/23/2011

Better Homes & Gardens RE Star

Last Buyer's Agent

Noreen Bewernitz

Luxury Real Estate Florida LLC License #3182290

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,678

Year Built

  • Built in 2005

Lot Details

  • 0.53 Acre Lot
  • Home fronts a pond
  • Lake Front
  • West Facing Home

Parking

  • 2 Car Attached Garage

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,646 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Screened Porch
  • Eat-In Kitchen

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • 3 Full Bathrooms

Outdoor Features

  • In Ground Pool
  • Patio

Schools

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

Utilities

  • Central Heating and Cooling System

Community Details

  • Property has a Home Owners Association
  • Summers Creek Phase 2 Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 24373178000000004200

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,678

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2005
  • Reso Property Sub Type: Single Family Residence
  • Reso Association Amenities: Management - Full Time
  • ResoSpecialListingConditions: Real Estate Owned
  • Subdivision Name: Summers Creek Phase 2
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 24373178000000004200
  • 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: 4677.84
  • Location Tax and Legal Tax Year2: 2011
  • General Property Information Living Area2: 3646.0
  • General Property Information Lot Size Acres: 0.53
  • General Property Information Lot Size Square Feet2: 23086.8
  • General Property Information New Construction YN: No
  • General Property Information Waterfront YN: Yes
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: West
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Flooring Wood: Yes
  • Pool Features In Ground: Yes
  • Pool Features Private: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Flooring Carpet: Yes
  • Levels Two: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • Room Types Dining Room: Yes
  • Room Types Family Room: Yes
  • Room Types Living Room: Yes
  • General Property Information Lot Size Dimensions: 0 x 64
  • Special Listing Conditions Real Estate Owned: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Eat-in Kitchen, Split Bedrooms
  • Flooring: Carpet, Tile, Wood
  • Appliances: Other
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • ResoLivingAreaSource: PublicRecords
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Split Bedrooms: Yes

Exterior Features

  • Pool Features: In Ground, Private
  • Roof: Shingle
  • Acres: 0.53
  • Waterfront Features: Lake Front, Pond
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: West
  • 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
  • Waterfront Features:Lake Front: Yes
  • Waterfront Features:Pond2: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Attached: Yes

Utilities

  • Cooling: Central Air
  • Utilities: Water Available
  • Heating: Central
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Central: 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 Dimensions: 0 x 64
  • Lot Size Sq Ft: 23086.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 24373178000000004200
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 4677.84

MLS Schools

  • Elementary School: Tropical
  • High School: Merritt Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 28, 2015
Sold by
Joseph Matthew H
Bought by
Patel Kunteshkumar and Patel Meghnaben
Current Estimated Value
$828,673

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,000
Outstanding Balance
$203,846
Interest Rate
3.77%
Estimated Equity
$624,827

Purchase Details

Listed on
Dec 23, 2011
Closed on
Jun 4, 2012
Sold by
The Bank Of New York Mellon
Bought by
Joseph Matthew H and Joseph Staci L
Seller's Agent
Barbara Zorn
Better Homes & Gardens RE Star
Buyer's Agent
Noreen Bewernitz
Luxury Real Estate Florida LLC
List Price
$284,900
Sold Price
$240,000
Premium/Discount to List
-$44,900
-15.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.73%
Original Mortgage
$235,653
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 9, 2011
Sold by
Riggs Kerrie A and Tindle Shannon P
Bought by
The Bank Of New York

Purchase Details

Closed on
May 31, 2005
Sold by
Summers Creek Community Developers Inc
Bought by
Tindle Shannon P and Riggs Kerrie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$465,650
Interest Rate
6.37%
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
Patel Kunteshkumar $335,000 Attorney
Joseph Matthew H $240,000 Morth American Title Company
The Bank Of New York -- Attorney
Tindle Shannon P $517,900 B D R Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Kunteshkumar $263,000
Previous Owner Joseph Matthew H $235,653
Previous Owner Tindle Shannon P $465,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2012 06/29/12 Sold $240,000 -15.8% $66 / Sq Ft
04/12/2012 04/12/12 Pending -- -- --
12/23/2011 12/23/11 For Sale $284,900 -- $78 / 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 $6,846 $508,250 -- --
2024 $6,576 $541,520 -- --
2023 $6,576 $514,920 $0 $0
2022 $5,911 $490,200 $0 $0
2021 $5,334 $352,220 $59,800 $292,420
2020 $5,211 $341,530 $51,750 $289,780
2019 $5,676 $368,710 $51,750 $316,960
2018 $5,784 $366,590 $60,950 $305,640
2017 $6,129 $380,250 $46,000 $334,250
2016 $5,810 $338,150 $36,800 $301,350
2015 $5,521 $304,770 $29,900 $274,870
2014 $5,204 $277,070 $29,900 $247,170
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 630629

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 24-37-31-78-00000.0-0042.00