NOT LISTED FOR SALE

1570 Bream St Merritt Island, FL 32952

Estimated Value: $474,000 - $510,000

3 Beds
2 Baths
1,520 Sq Ft
$324/Sq Ft Est. Value

Last Sold May 19, 2023

Last sale price $470,000 $309 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,951/month

About This Home

As of May 2023

Work hard, play harder! Enjoy the best of both worlds in this stylish canal-front rental. Minutes from the beach and bustling Cocoa Beach, this modern sanctuary offers the perfect blend of work-life balance. Soak up the sun on your private dock, kayak through tranquil waterways, or simply relax and unwind after a long day. With easy access to the Space Center and vibrant nightlife, this location is your ticket to an exciting and fulfilling life in Merritt Island.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2023
Closed on
May 19, 2023
Sold by
Barker David M
Bought by
Eroma Enterprises Llc
Seller's Agent
Lora Jones
Coldwell Banker Realty
Buyer's Agent
Non-Member Non-Member Out Of Area
Non-MLS or Out of Area
List Price
$499,999
Sold Price
$470,000
Premium/Discount to List
-$29,999
-6%
Views
5
Current Estimated Value
$492,415

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,415
Avg. Annual Appreciation
2.28%
Original Mortgage
$352,500
Outstanding Balance
$344,768
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
$147,647

Purchase Details

Closed on
Oct 6, 2021
Sold by
Barker Madeline J
Bought by
Barker David M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,000
Interest Rate
2.8%
Mortgage Type
VA

Purchase Details

Closed on
Jan 10, 2008
Sold by
Hansen Reid R and Hansen Lynn P
Bought by
Barker David M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,900
Interest Rate
5.94%

Purchase Details

Closed on
Feb 9, 2007
Sold by
Hansen Reid R and Hansen Lynn
Bought by
Hansen Reid R and Hansen Lynn P

Purchase Details

Closed on
Sep 26, 2003
Sold by
Martin Richard B and Martin Gail A
Bought by
Hansen Reid R and Smisek Lynn P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,450
Interest Rate
6.32%

Purchase Details

Closed on
Feb 11, 2002
Sold by
Stokes Miles A
Bought by
Martin Richard B and Martin Gail A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,300
Interest Rate
7.12%
Source: Public Records

Range of Values:

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ICE

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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
Eroma Enterprises Llc $470,000 Island Title & Escrow
Barker David M -- Island T&E Agcy Inc
Barker David M $247,900 Fidelity Natl Title Ins Co
Hansen Reid R -- None Available
Hansen Reid R $231,000 Fidelity National Title Insu
Martin Richard B $134,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eroma Enterprises Llc $352,500
Previous Owner Barker David M $351,000
Previous Owner Barker David M $292,000
Previous Owner Barker David M $241,170
Previous Owner Barker David M $247,900
Previous Owner Hansen Reid R $219,450
Previous Owner Martin Richard B $32,800
Previous Owner Martin Richard B $127,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2024 05/17/24 Rented $5,172,024 +187973.6% --
03/11/2024 03/11/24 Price Changed $2,750 -8.3% $2 / Sq Ft
02/14/2024 02/14/24 For Rent $3,000 0.0% --
05/19/2023 05/19/23 Sold $470,000 -4.1% $309 / Sq Ft
03/24/2023 03/24/23 Pending -- -- --
03/21/2023 03/21/23 Price Changed $489,900 -2.0% $322 / Sq Ft
03/15/2023 03/15/23 For Sale $499,999 0.0% $329 / Sq Ft
03/08/2023 03/08/23 Pending -- -- --
02/22/2023 02/22/23 Price Changed $499,999 -6.7% $329 / Sq Ft
02/15/2023 02/15/23 Price Changed $535,900 -1.8% $353 / Sq Ft
01/27/2023 01/27/23 Price Changed $545,900 -1.6% $359 / Sq Ft
01/09/2023 01/09/23 Price Changed $554,900 -2.6% $365 / Sq Ft
12/14/2022 12/14/22 Price Changed $569,900 -0.9% $375 / Sq Ft
11/02/2022 11/02/22 For Sale $574,900 -- $378 / Sq Ft

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
2023 $2,403 $183,510 $0 $0
2022 $2,242 $178,170 $0 $0
2021 $2,321 $172,990 $0 $0
2020 $2,272 $170,610 $0 $0
2019 $2,218 $166,780 $0 $0
2018 $2,220 $163,680 $0 $0
2017 $2,235 $160,320 $0 $0
2016 $2,265 $157,030 $110,000 $47,030
2015 $2,322 $155,940 $110,000 $45,940
2014 $2,282 $151,460 $95,000 $56,460
Source: Public Records

Agents Affiliated with this Home

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