NOT LISTED FOR SALE

1620 Island Dr Merritt Island, FL 32952

Estimated Value: $342,148 - $468,000

3 Beds
2 Baths
1,332 Sq Ft
$293/Sq Ft Est. Value

Last Sold October 10, 2014

Last sale price $162,000 $122 Per Sq Ft

Est. 141% increase in value since last sale

Current estimated payment $2,298/month

28 Days on Market

Highlights

  • Water Views
  • Open Floorplan
  • Corner Lot
  • In Ground Pool
  • Deck
  • No HOA

About This Home

As of October 2014

Welcome to your own piece of tropical paradise at this welcoming, fresh and bright home that has been completely remodeled over the years including a brand new pool, pool deck and tons of landscaping done in 2013 + 2014. The home is full of charm and personality and the backyard entertaining space is amazing. Pride of ownership shows throughout the entire home from start to finish. So, come get your piece of tropical paradise today.

Last Agent to Sell the Property

Ralph Perrone

Perrone Realty, LLC License #3045618 Listed on: 08/19/2014

Last Buyer's Agent

Andrew Barclay

EXP Realty, LLC License #3102990

EXP Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,459

Year Built

  • Built in 1979

Lot Details

  • 7,841 Sq Ft Lot
  • East Facing Home
  • Wood Fence
  • Corner Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Property Views

  • Water
  • Pool

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,332 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Deck

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • New Found Harbor Subdivision

Listing and Financial Details

  • Assessor Parcel Number 24-37-30-81-0000a.0-0001.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,459

Year Built

Built in 1979

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1979
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • ResoLotFeatures: Corner Lot
  • Reso View: Pool, Water
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: New Found Harbor
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 24-37-30-81-0000a.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: 1459.44
  • Location Tax and Legal Tax Year2: 2013
  • General Property Information Living Area2: 1332.0
  • General Property Information Building Area Total3: 1791.0
  • General Property Information Lot Size Acres: 0.18
  • General Property Information Lot Size Square Feet2: 7841.0
  • 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: East
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Fencing Fenced2: Yes
  • Fencing Wood2: 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
  • Pool Features In Ground: Yes
  • Pool Features Private: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • View Pool: Yes
  • Flooring Carpet: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • View Water3: Yes
  • Room Types Laundry: Yes
  • General Property Information Lot Size Dimensions: 62.0 ft x 125.0 ft
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Ceiling Fan(s), Open Floorplan, Primary Bathroom - Tub with Shower, Split Bedrooms, Walk-In Closet(s)
  • Flooring: Carpet, Tile
  • Appliances: Dishwasher, Dryer, Electric Range, Electric Water Heater, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Open Floorplan: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Walk-In Closet(s): Yes

Exterior Features

  • Pool Features: In Ground, Private, Other
  • Roof: Shingle
  • Fencing: Fenced, Wood
  • Acres: 0.18
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: East
  • Patio And Porch Features: Deck
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio And Porch Features:Deck: Yes
  • Lot Features:Corner Lot: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Utilities: Cable Available, Electricity Connected, Water Available
  • Heating: Central
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Central: Yes

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: 62.0 ft x 125.0 ft
  • Lot Size Sq Ft: 7841.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2437910
  • Parcel #: 24-37-30-81-0000a.0-0001.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 1459.44

MLS Schools

  • Elementary School: Audubon
  • High School: Merritt Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2014
Closed on
Oct 10, 2014
Sold by
Locke Ira M and Locke Linda B
Bought by
Brooks William M and Brooks Teresa K
Seller's Agent
Ralph Perrone
Perrone Realty, LLC
Buyer's Agent
Andrew Barclay
EXP Realty, LLC
List Price
$169,500
Sold Price
$162,000
Premium/Discount to List
-$7,500
-4.42%
Current Estimated Value
$389,787

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$227,787
Avg. Annual Appreciation
8.39%
Original Mortgage
$60,000
Outstanding Balance
$46,249
Interest Rate
4.17%
Estimated Equity
$343,538

Purchase Details

Listed on
Aug 19, 2014
Closed on
Aug 21, 2014
Sold by
Locke Kelley A
Bought by
Locke Ira M
Seller's Agent
Ralph Perrone
Perrone Realty, LLC
Buyer's Agent
Andrew Barclay
EXP Realty, LLC
List Price
$169,500
Sold Price
$162,000
Premium/Discount to List
-$7,500
-4.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Outstanding Balance
$46,249
Interest Rate
4.17%
Estimated Equity
$343,538

Purchase Details

Closed on
Mar 8, 2010
Sold by
Locke Kelley A
Bought by
Locke Ira M

Purchase Details

Closed on
Jun 27, 2003
Sold by
Mortensen Byron E and Mortensen Crystal A
Bought by
Locke Ira M and Locke Kelley Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,800
Interest Rate
5.43%

Purchase Details

Closed on
Aug 15, 2001
Sold by
Riebel Susan
Bought by
Mortensen Byron E and Mortensen Crystal A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,706
Interest Rate
7.18%

Purchase Details

Closed on
Apr 6, 2000
Sold by
Harrell Denise W and Williams Denise
Bought by
Riebel Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,930
Interest Rate
8.29%
Source: Public Records

Range of Values:

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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
Brooks William M $162,000 Attorney
Locke Ira M -- Attorney
Locke Ira M $58,400 None Available
Locke Ira M $106,000 --
Mortensen Byron E $84,500 --
Riebel Susan $67,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brooks William M $60,000
Previous Owner Locke Ira M $115,028
Previous Owner Locke Ira M $122,000
Previous Owner Locke Ira M $84,800
Previous Owner Mortensen Byron E $83,706
Previous Owner Riebel Susan $52,930
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2014 10/10/14 Sold $162,000 -4.4% $122 / Sq Ft
08/29/2014 08/29/14 Pending -- -- --
08/01/2014 08/01/14 For Sale $169,500 -- $127 / 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 $2,143 $172,080 -- --
2023 $2,143 $167,070 $0 $0
2022 $1,997 $162,210 $0 $0
2021 $2,064 $157,490 $0 $0
2020 $2,025 $155,320 $0 $0
2019 $1,969 $151,830 $0 $0
2018 $1,970 $149,000 $0 $0
2017 $1,982 $145,940 $40,000 $105,940
2016 $2,256 $124,130 $25,000 $99,130
2015 $2,104 $106,130 $25,000 $81,130
2014 $1,341 $97,630 $25,000 $72,630
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 702969

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 24-37-30-81-0000A.0-0001.00