NOT LISTED FOR SALE

1505 Hannah Dr Merritt Island, FL 32952

Estimated Value: $491,000 - $569,000

3 Beds
2 Baths
1,656 Sq Ft
$318/Sq Ft Est. Value

Last Sold February 17, 2017

Last sale price $230,000 $139 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $3,121/month

5 Days on Market

Highlights

  • Boat Dock
  • Home fronts a creek
  • Deck
  • Home fronts a seawall
  • Canal View
  • Sun or Florida Room

About This Home

As of February 2017

Investor Alert!! Merritt Island Canal Home. This is a fantastic opportunity to own a home with a 60x16 ''fortress'' porch with steel and concrete columns, 2x10 aspen beams with custom saddles and it is screened. This canal is deep water, navigable and approx 100' wide. 4th bedroom was converted to master bedroom walk-in closet and small office but can be converted back to bedroom. Location, Location, Location. At this price it will go fast.

Last Agent to Sell the Property

Kristen Robinson

Pytha Realty Group License #3136422 Listed on: 12/05/2016

Last Buyer's Agent

Kimberly Meyers

Coastal Life Properties LLC License #3334336

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,537

Year Built

  • Built in 1963

Lot Details

  • 8,276 Sq Ft Lot
  • Home fronts a creek
  • Home fronts a seawall
  • Home fronts navigable water
  • Home fronts a canal
  • Street terminates at a dead end
  • North Facing Home
  • Chain Link Fence
  • Front and Back Yard Sprinklers

Parking

  • 2 Car Attached Garage

Home Design

  • Fixer Upper
  • Concrete Siding
  • Block Exterior
  • Asphalt

Interior Spaces

  • 1,656 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Ceiling Fan
  • Dining Room
  • Home Office
  • Library
  • Sun or Florida Room
  • Screened Porch
  • Canal Views
  • Security System Owned

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile
  • Terrazzo

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Accessible Home Design

  • Grip-Accessible Features

Outdoor Features

  • Deck
  • Patio

Schools

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

Utilities

  • Central Heating and Cooling System
  • Whole House Permanent Generator
  • Well
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 24-37-30-89-0000b.0-0044.00

Community Details

Overview

  • No Home Owners Association
  • Vetter Isles Ests Sec 3 Subdivision

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,537

Year Built

Built in 1963

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1963
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • ResoLotFeatures: Dead End Street, Sprinklers In Front, Sprinklers In Rear
  • Road Surface Type: Asphalt
  • Reso View: Canal, Water
  • Water Body Name: Sykes Creek
  • ResoSecurityFeatures: Security System Owned
  • Reso Association Amenities: Boat Dock
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Vetter Isles Ests Sec 3
  • Reso Accessibility Features: Grip-Accessible Features
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Reso Property Condition: Fixer
  • Financial Info Electric: Whole House Generator
  • Location Tax and Legal Parcel Number2: 24-37-30-89-0000b.0-0044.00
  • Location Tax and Legal Elementary School: Audubon
  • Location Tax and Legal Middle School2: Jefferson
  • Location Tax and Legal High School: Merritt Island
  • Location Tax and Legal Tax Annual Amount: 1537.36
  • Location Tax and Legal Tax Year2: 2016
  • General Property Information Living Area2: 1656.0
  • General Property Information Building Area Total3: 1656.0
  • General Property Information Lot Size Acres: 0.19
  • General Property Information Lot Size Square Feet2: 8276.0
  • 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: North
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Fencing Fenced2: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Levels One: Yes
  • Lot Features Dead End Street: Yes
  • Road Surface Type Asphalt: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Flooring Carpet: Yes
  • Water Source Well: Yes
  • Fencing Chain Link: Yes
  • Flooring Terrazzo: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • View Water3: Yes
  • Room Types Dining Room: Yes
  • Security Features Security System Owned: Yes
  • Room Types Laundry: Yes
  • Room Types Library: Yes
  • Room Types Office: Yes
  • Electric Whole House Generator: Yes
  • Utilities Sewer Available: Yes
  • Room Types Florida Room: Yes
  • ViewCanal: Yes
  • Property Condition Fixer: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-in Features, Ceiling Fan(s), Pantry, Primary Bathroom - Tub with Shower, Primary Downstairs, Walk-In Closet(s)
  • Flooring: Carpet, Terrazzo, Tile
  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • ResoLivingAreaSource: Other
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Interior Features:Primary Downstairs: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Built-in Features: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Walk-In Closet(s): Yes

Exterior Features

  • Pool Features: None
  • Roof: Other
  • Fencing: Chain Link, Fenced
  • Acres: 0.19
  • Waterfront Features: Canal Front, Creek, Navigable Water, Seawall
  • Waterfront: Yes
  • Construction Type: Block, Concrete
  • Direction Faces: North
  • Patio And Porch Features: Deck, Patio, Porch, Screened
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Accessibility Features:Grip-Accessible Features: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Lot Features:Sprinklers In Rear: Yes
  • Waterfront Features:Seawall: Yes
  • Waterfront Features:Canal Front: Yes
  • Waterfront Features:Creek: Yes
  • Waterfront Features:Navigable Water: 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, Electric
  • Utilities: Cable Available, Electricity Connected, Sewer Available, Water Available
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No
  • Association Amenities:Boat Dock: Yes

Schools

  • Middle Or Junior School: Jefferson

Lot Info

  • Lot Size Sq Ft: 8276.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2438149
  • Parcel #: 24-37-30-89-0000b.0-0044.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 1537.36

MLS Schools

  • Elementary School: Audubon
  • High School: Merritt Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 19, 2023
Sold by
Kates Jeffrey G
Bought by
Garcia Pey-Rong and Garcia Gerald
Current Estimated Value
$527,196

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,000
Outstanding Balance
$396,869
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
$130,327

Purchase Details

Closed on
Oct 21, 2020
Sold by
Conover Tina Garcia
Bought by
Kates Jeffrey G

Purchase Details

Listed on
Dec 5, 2016
Closed on
Feb 16, 2017
Sold by
Cunningham Franklin H and Cunningham Patricia H
Bought by
Kates Jeffrey G and Beem Tamara L
Seller's Agent
Kristen Robinson
Pytha Realty Group
Buyer's Agent
Kimberly Meyers
Coastal Life Properties LLC
List Price
$230,000
Sold Price
$230,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.20%
Original Mortgage
$176,000
Interest Rate
4.12%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
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
Garcia Pey-Rong $510,000 Island Title & Escrow
Kates Jeffrey G $10,000 None Available
Kates Jeffrey G $220,000 Fidelity National Title Of F
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Pey-Rong $408,000
Previous Owner Kates Jeffrey G $176,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2023 12/23/23 Off Market $230,000 -- --
02/17/2017 02/17/17 Sold $230,000 0.0% $139 / Sq Ft
12/11/2016 12/11/16 Pending -- -- --
12/05/2016 12/05/16 For Sale $230,000 -- $139 / 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 $3,049 $409,840 -- --
2023 $3,049 $236,310 $0 $0
2022 $2,847 $229,430 $0 $0
2021 $2,968 $222,750 $0 $0
2020 $2,928 $219,680 $0 $0
2019 $2,880 $214,750 $0 $0
2018 $2,888 $210,750 $120,000 $90,750
2017 $1,526 $112,550 $0 $0
2016 $1,537 $110,240 $100,000 $10,240
2015 $1,566 $109,480 $85,000 $24,480
2014 $1,571 $108,620 $80,000 $28,620
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 770453

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 24-37-30-89-0000B.0-0044.00