NOT LISTED FOR SALE

1550 Cunningham Ave Merritt Island, FL 32952

Estimated Value: $200,000 - $267,000

3 Beds
1 Bath
888 Sq Ft
$267/Sq Ft Est. Value

Last Sold May 19, 2014

Last sale price $53,000 $60 Per Sq Ft

Est. 347% increase in value since last sale

Current estimated payment $1,363/month

242 Days on Market

Highlights

  • No HOA
  • Eat-In Kitchen
  • South Facing Home
  • Audubon Elementary School Rated 9+
  • 1-Story Property
  • Carpet

About This Home

As of May 2014

Are you still renting? Imagine the possibilities on this property that is priced to Sell, with a little bit of elbow grease this property can be your new home. This 3 bedroom home, with it's eat-in kitchen and breakfast bar, is perfect for a new family, as it is close to schools, shopping and local area attractions. This is a Fannie Mae HomePath property. Purchase this property for as little as 5% down! This property is approved for HomePath Renovation Mortgage Financing.

Last Agent to Sell the Property

Barbara Zorn

Better Homes & Gardens RE Star License #434043 Listed on: 03/14/2014

Better Homes & Gardens RE Star

Last Buyer's Agent

Michele Corriveau

RE/MAX Solutions License #3051804

RE/MAX Solutions

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,015

Year Built

  • Built in 1960

Lot Details

  • 10,019 Sq Ft Lot
  • South Facing Home

Home Design

  • Membrane Roofing
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 888 Sq Ft Home
  • 1-Story Property

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

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

Community Details

  • No Home Owners Association
  • Harbor Estates Sec 1 Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 24-37-30-76-0000d.0-0001.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,015

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1960
  • Reso Property Sub Type: Single Family Residence
  • ResoSpecialListingConditions: Real Estate Owned
  • Subdivision Name: Harbor Estates Sec 1
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 24-37-30-76-0000d.0-0001.00
  • 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: 1014.98
  • Location Tax and Legal Tax Year2: 2012
  • General Property Information Living Area2: 888.0
  • General Property Information Building Area Total3: 888.0
  • General Property Information Lot Size Acres: 0.23
  • General Property Information Lot Size Square Feet2: 10019.0
  • 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: South
  • Levels One: Yes
  • Utilities Electricity Connected: Yes
  • Flooring Carpet: Yes
  • General Property Information Carport YN2: No
  • General Property Information Lot Size Dimensions: 99.0 ft x 100.0 ft
  • Flooring Vinyl: Yes
  • Special Listing Conditions Real Estate Owned: Yes
  • Special Features: 5120
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Bar, Eat-in Kitchen
  • Flooring: Carpet, Vinyl
  • Appliances: Other
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Total Bedrooms: 6
  • ResoLivingAreaSource: PublicRecords
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Breakfast Bar: Yes

Exterior Features

  • Pool Features: None
  • Roof: Membrane
  • Acres: 0.23
  • Waterfront: No
  • Construction Type: Block, Concrete
  • Direction Faces: South
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • ConstructionSiding:Roof Membrane: Yes

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

  • Utilities: Electricity Connected

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: Jefferson

Lot Info

  • Lot Dimensions: 99.0 ft x 100.0 ft
  • Lot Size Sq Ft: 10019.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2437793
  • Parcel #: 24-37-30-76-0000d.0-0001.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 1014.98

MLS Schools

  • Elementary School: Audubon
  • High School: Merritt Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2014
Closed on
May 19, 2014
Sold by
Fannie Mae
Bought by
Troost Richard
Seller's Agent
Barbara Zorn
Better Homes & Gardens RE Star
Buyer's Agent
Michele Corriveau
RE/MAX Solutions
List Price
$84,000
Sold Price
$53,000
Premium/Discount to List
-$31,000
-36.9%
Current Estimated Value
$236,775

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$183,775
Avg. Annual Appreciation
14.07%

Purchase Details

Closed on
Jul 12, 2013
Sold by
Baumann Chad T and Baumann Robert A
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 4, 2006
Sold by
Baumann Robert A
Bought by
Baumann Chad T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,250
Interest Rate
8.75%

Purchase Details

Closed on
May 9, 2003
Sold by
Liberty Michael L
Bought by
Baumann Robert A and Baumann Chad T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,200
Interest Rate
5.76%

Purchase Details

Closed on
Mar 14, 2002
Sold by
Chandler Anthony V
Bought by
Liberty Michael P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,200
Interest Rate
6.86%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Troost Richard $53,000 Reo Title Company Of Fl Llc
Federal National Mortgage Association -- None Available
Baumann Chad T -- None Available
Baumann Robert A $76,000 --
Baumann Robert A $76,000 Aurora Title
Liberty Michael P $59,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Baumann Chad T $143,500
Previous Owner Baumann Chad T $116,250
Previous Owner Baumann Robert A $72,200
Previous Owner Liberty Michael P $47,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2014 05/19/14 Sold $53,000 -36.9% $60 / Sq Ft
03/24/2014 03/24/14 Pending -- -- --
07/25/2013 07/25/13 For Sale $84,000 -- $95 / 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 $899 $67,600 -- --
2023 $899 $65,640 $0 $0
2022 $849 $63,730 $0 $0
2021 $858 $61,880 $0 $0
2020 $825 $61,030 $0 $0
2019 $773 $59,660 $0 $0
2018 $773 $58,550 $0 $0
2017 $774 $57,350 $0 $0
2016 $781 $56,180 $25,000 $31,180
2015 $786 $55,790 $25,000 $30,790
2014 $1,202 $52,150 $25,000 $27,150
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 673794

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 24-37-30-76-0000D.0-0001.00