NOT LISTED FOR SALE

1585 Island Dr Merritt Island, FL 32952

Estimated Value: $272,000 - $307,000

3 Beds
2 Baths
1,220 Sq Ft
$239/Sq Ft Est. Value

Last Sold September 11, 2012

Last sale price $80,300 $66 Per Sq Ft

Est. 263% increase in value since last sale

Current estimated payment $1,684/month

12 Days on Market

Highlights

  • In Ground Pool
  • Open Floorplan
  • Screened Porch
  • Audubon Elementary School Rated 9+
  • No HOA
  • Patio

About This Home

As of September 2012

CASH ONLY! 3/2 home on dead end street. Open floor plan, laundry room, tile flooring. Concrete block construction, enclosed patio also under air adding some extra living sq ft. Great location. Close to beaches and MORE! Sold AS-IS. Bank of America, NA employees & employees household member (includes persons deriving their primary means of financial support from a Bank employee) & HTS business partners of the Bank, are prohibited from purchasing this property, whether directly or indirectly.

Last Agent to Sell the Property

A. Isil Nevins

Daignault Realty Inc License #577668 Listed on: 08/16/2012

Last Buyer's Agent

Kathy Grosch

Better Homes & Gardens RE Star License #34509

Better Homes & Gardens RE Star

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,589

Year Built

  • Built in 1960

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 125 x 75
  • Street terminates at a dead end
  • North Facing Home
  • Wood Fence

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 1,220 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Screened Porch
  • Tile Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Outdoor Features

  • In Ground Pool
  • Patio

Schools

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

Community Details

  • No Home Owners Association
  • New Found Harbor Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 243730810000B0000300

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,589

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1960
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Dead End Street
  • ResoSpecialListingConditions: Real Estate Owned
  • Subdivision Name: New Found Harbor
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 243730810000B0000300
  • 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: 1588.58
  • Location Tax and Legal Tax Year2: 2012
  • General Property Information Living Area2: 1220.0
  • General Property Information Lot Size Acres: 0.22
  • General Property Information Lot Size Square Feet2: 9583.2
  • 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: North
  • Fencing Fenced2: Yes
  • Fencing Wood2: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Levels One: Yes
  • Pool Features In Ground: Yes
  • Pool Features Private: Yes
  • Lot Features Dead End Street: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • Room Types Laundry: Yes
  • General Property Information Lot Size Dimensions: 125 x 75
  • Special Listing Conditions Real Estate Owned: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Open Floorplan, Primary Bathroom - Tub with Shower, Primary Downstairs, Split Bedrooms
  • Flooring: Tile
  • Appliances: Other
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • ResoLivingAreaSource: PublicRecords
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Split Bedrooms: Yes

Exterior Features

  • Pool Features: In Ground, Private
  • Roof: Shingle
  • Fencing: Fenced, Wood
  • Acres: 0.22
  • Waterfront: No
  • Construction Type: Block, Concrete
  • Direction Faces: North
  • Patio And Porch Features: Patio, Porch, Screened
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

  • Utilities: Water Available

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: 125 x 75
  • Lot Size Sq Ft: 9583.2
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2437927
  • Parcel #: 243730810000B0000300
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 1588.58

MLS Schools

  • Elementary School: Audubon
  • High School: Merritt Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2012
Closed on
Sep 7, 2012
Sold by
Deutsche Bank National Trust Company
Bought by
Abbott Joyce E
Seller's Agent
A. Isil Nevins
Daignault Realty Inc
Buyer's Agent
Kathy Grosch
Better Homes & Gardens RE Star
List Price
$72,000
Sold Price
$80,300
Premium/Discount to List
$8,300
11.53%
Current Estimated Value
$291,284

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,984
Avg. Annual Appreciation
9.99%

Purchase Details

Listed on
Aug 16, 2012
Closed on
Aug 13, 2012
Sold by
Keogh Desmond and Keogh Sarah
Bought by
Deutsche Bank National Trust Company
Seller's Agent
A. Isil Nevins
Daignault Realty Inc
Buyer's Agent
Kathy Grosch
Better Homes & Gardens RE Star
List Price
$72,000
Sold Price
$80,300
Premium/Discount to List
$8,300
11.53%

Purchase Details

Closed on
May 13, 2005
Sold by
Keogh Sarah and Keogh Desmond
Bought by
Keogh Desmond and Keogh Sarah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
5.88%

Purchase Details

Closed on
May 2, 2003
Sold by
Citibank N A
Bought by
Sobeck Sarah

Purchase Details

Closed on
Jun 5, 2002
Sold by
Chase Manhattan Mtg Ctiibank N A
Bought by
Sobeck Sarah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,220
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 8, 2002
Sold by
Coeymen David and Coeyman David M
Bought by
Chase Manhattan Mtg

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,220
Interest Rate
6.67%
Mortgage Type
Purchase Money 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
Abbott Joyce E $80,300 None Available
Deutsche Bank National Trust Company -- None Available
Keogh Desmond $50,200 Island Title & Escrow Corp
Sobeck Sarah -- --
Sobeck Sarah $89,000 --
Chase Manhattan Mtg -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Keogh Desmond $160,000
Previous Owner Sobeck Sarah $92,220
Previous Owner Coeymen David $69,090
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2012 09/11/12 Sold $80,300 +11.5% $66 / Sq Ft
08/27/2012 08/27/12 Pending -- -- --
08/15/2012 08/15/12 For Sale $72,000 -- $59 / 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 $1,204 $92,930 -- --
2023 $1,204 $90,230 $0 $0
2022 $1,117 $87,610 $0 $0
2021 $1,121 $85,060 $0 $0
2020 $1,070 $83,890 $0 $0
2019 $1,005 $82,010 $0 $0
2018 $996 $80,490 $0 $0
2017 $986 $78,840 $0 $0
2016 $984 $77,220 $25,000 $52,220
2015 $992 $76,690 $25,000 $51,690
2014 $992 $76,090 $25,000 $51,090
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 647729

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 24-37-30-81-0000B.0-0003.00