NOT LISTED FOR SALE

1625 Yates Dr Merritt Island, FL 32952

Estimated Value: $500,000 - $559,000

3 Beds
2 Baths
1,624 Sq Ft
$325/Sq Ft Est. Value

Last Sold April 01, 2024

Last sale price $500,000 $308 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,259/month

Highlights

  • Canal View
  • No HOA
  • Walk-In Closet
  • Traditional Architecture
  • Screened Porch
  • Tile Flooring

About This Home

As of April 2024

Perfect home to enjoy the best time of the year! Direct access canal navigation to the Banana River and ocean. Well maintained 3 bedroom 2 bath home with a newer roof. Large two car garage and 60 feet of screened in porch overlooking the water which has a nice dock for entertaining and a boat slip.

Last Agent to Sell the Property

Eva McMillan

Dale Sorensen Real Estate Inc. License #3199073 Listed on: 02/27/2024

Dale Sorensen Real Estate Inc.

Last Buyer's Agent

Eva McMillan

Dale Sorensen Real Estate Inc. License #3199073 Listed on: 02/27/2024

Dale Sorensen Real Estate Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,056

Year Built

  • Built in 1963

Lot Details

  • 7,405 Sq Ft Lot
  • Property fronts a county road
  • North Facing Home

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,624 Sq Ft Home
  • 1-Story Property
  • Screened Porch
  • Canal Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Patio

Schools

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

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Pelican Creek Estates Addn No 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 24-37-30-03-00000.0-0028.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,056

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
  • ResoLotFeatures: Other
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Reso View: Canal
  • ResoSecurityFeatures: Other
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Pelican Creek Estates Addn No 2
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 24-37-30-03-00000.0-0028.00
  • 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: 5055.7
  • Location Tax and Legal Tax Year2: 2022
  • General Property Information Living Area2: 1624.0
  • General Property Information Lot Size Acres: 0.17
  • General Property Information Lot Size Square Feet2: 7405.0
  • General Property Information New Construction YN: No
  • General Property Information Direction Faces: North
  • Appliances Microwave: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Flooring Laminate: Yes
  • Flooring Tile: Yes
  • General Property Information Community Fee(s) YN: No
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Water Source Public: Yes
  • Utilities Water Available: Yes
  • ViewCanal: Yes
  • Location Tax and Legal Zoning Description2: Residential
  • General Property Information CDD Fee YN: No
  • Architectural Style Traditional: Yes
  • General Property Information Stories2: 1
  • Road Frontage Type County Road: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Pantry, Walk-In Closet(s), Other
  • Flooring: Laminate, Tile
  • Appliances: Dishwasher, Electric Range, Microwave
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 1
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Walk-In Closet(s): Yes

Exterior Features

  • Exterior Features: Other
  • Pool Features: None
  • Roof: Shingle
  • Acres: 0.17
  • Construction Type: Block
  • Direction Faces: North
  • Patio And Porch Features: Covered, Patio, Screened
  • Construction Materials:Block2: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Screened: Yes
  • Lot Features:Other21: Yes
  • Patio And Porch Features:Covered2: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Garage
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Garage: Yes

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Cable Available, Electricity Connected, Water Available
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: Jefferson

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 7405.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 24-37-30-03-00000.0-0028.00
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5055.7

MLS Schools

  • Elementary School: Audubon
  • High School: Merritt Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2024
Closed on
Apr 1, 2024
Sold by
Rft Trust and Gonzalez Pamela
Bought by
Baker Tyler L and Baker Brittany R
Seller's Agent
Eva McMillan
Dale Sorensen Real Estate Inc.
Buyer's Agent
Eva McMillan
Dale Sorensen Real Estate Inc.
List Price
$550,000
Sold Price
$500,000
Premium/Discount to List
-$50,000
-9.09%
Views
10
Current Estimated Value
$527,240

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,240
Avg. Annual Appreciation
3.44%
Original Mortgage
$490,943
Outstanding Balance
$483,635
Interest Rate
6.9%
Mortgage Type
FHA
Estimated Equity
$43,605

Purchase Details

Closed on
Sep 29, 1995
Sold by
Trull Francis
Bought by
R F T Tr

Purchase Details

Closed on
Jan 6, 1995
Sold by
Clerk Circuit Court
Bought by
Prop Asset Mgmt Inc

Purchase Details

Closed on
Sep 16, 1994
Sold by
Prop Asset Mgmt Inc
Bought by
Trull Francis

Purchase Details

Closed on
May 17, 1994
Sold by
Clerk Circuit Court
Bought by
Prop Asset Mgmt Inc
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
Baker Tyler L $500,000 Countrywide Title & Escrow
Baker Tyler L $500,000 Countrywide Title & Escrow
R F T Tr -- --
Prop Asset Mgmt Inc -- --
Trull Francis $95,500 --
Prop Asset Mgmt Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baker Tyler L $490,943
Closed Baker Tyler L $490,943
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/18/2024 11/18/24 Off Market $1,800 -- --
04/01/2024 04/01/24 Sold $500,000 -9.1% $308 / Sq Ft
02/27/2024 02/27/24 Pending -- -- --
02/27/2024 02/27/24 For Sale $550,000 0.0% $339 / Sq Ft
04/19/2020 04/19/20 Rented $1,800 0.0% --
04/14/2020 04/14/20 Under Contract -- -- --
10/17/2019 10/17/19 For Rent $1,800 0.0% --
01/17/2019 01/17/19 Rented $1,800 0.0% --
01/14/2019 01/14/19 Under Contract -- -- --
12/11/2018 12/11/18 Price Changed $1,800 -5.3% $1 / Sq Ft
10/30/2018 10/30/18 Price Changed $1,900 -5.0% $1 / Sq Ft
10/18/2018 10/18/18 Price Changed $2,000 -2.4% $1 / Sq Ft
10/15/2018 10/15/18 Price Changed $2,050 -6.8% $1 / Sq Ft
10/05/2018 10/05/18 For Rent $2,200 -- --
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
2025 $5,918 $383,180 -- --
2024 $5,377 $463,430 -- --
2023 $5,377 $392,680 $280,000 $112,680
2022 $5,056 $408,910 $0 $0
2021 $4,789 $329,210 $220,000 $109,210
2020 $4,397 $290,670 $180,000 $110,670
2019 $4,121 $265,690 $150,000 $115,690
2018 $4,327 $273,100 $155,000 $118,100
2017 $4,221 $259,970 $150,000 $109,970
2016 $4,038 $236,280 $130,000 $106,280
2015 $3,855 $207,850 $130,000 $77,850
2014 $3,598 $188,960 $120,000 $68,960
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 1006068

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 24-37-30-03-00000.0-0028.00