NOT LISTED FOR SALE

1650 E Central Ave Merritt Island, FL 32952

Estimated Value: $515,000 - $606,000

4 Beds
2 Baths
1,890 Sq Ft
$296/Sq Ft Est. Value

Last Sold May 20, 2020

Last sale price $309,900 $164 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $3,587/month

164 Days on Market

Highlights

  • Home fronts navigable water
  • Canal View
  • No HOA
  • Boat Lift
  • Wood Flooring
  • Screened Porch

About This Home

As of May 2020

Charming Cape style home w/ 2 bedrooms up and 2 bedrooms down. Imagine sitting on your screened patio, watching dolphins & manatees swim by! Boat lift, and a deep wide navigable canal direct to Banana River with no bridges or restrictions! New roof, HVAC, and NEST thermostat in 2019! If you're looking for a home with lots of character and great potential - you have found it!

Last Agent to Sell the Property

Barbara Zorn

Better Homes & Gardens RE Star License #434043 Listed on: 11/05/2019

Better Homes & Gardens RE Star

Last Buyer's Agent

Non-Member Non-Member Out Of Area

Non-MLS or Out of Area License #nonmls

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,026

Year Built

  • Built in 1966

Lot Details

  • 7,405 Sq Ft Lot
  • Home fronts navigable water
  • Home fronts a canal
  • Street terminates at a dead end
  • South Facing Home

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Shingle Roof
  • Wood Siding
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 1,890 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Screened Porch
  • Canal Views

Flooring

  • Wood
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Outdoor Features

  • Boat Lift
  • Patio

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
  • Replat Of Lots 8 To 17 Blk A Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 24-37-19-04-0000a.0-0015.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,026

Year Built

Built in 1966

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1966
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Dead End Street
  • Road Surface Type: Concrete
  • Reso View: Canal, Water
  • ResoSpecialListingConditions: Real Estate Owned
  • Subdivision Name: Replat of Lots 8 To 17 Blk A
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 24-37-19-04-0000a.0-0015.00
  • 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: 5026.39
  • Location Tax and Legal Tax Year2: 2018
  • General Property Information Living Area2: 1890.0
  • General Property Information Building Area Total3: 2390.0
  • 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 Waterfront YN: Yes
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: South
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Flooring Tile: Yes
  • Flooring Wood: Yes
  • Lot Features Dead End Street: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Levels Two: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • View Water3: Yes
  • Flooring Concrete: Yes
  • Exterior Features Boat Lift: Yes
  • ViewCanal: Yes
  • Special Listing Conditions Real Estate Owned: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Ceiling Fan(s), Split Bedrooms
  • Flooring: Concrete, Tile, Wood
  • Appliances: Electric Water Heater, Other
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • ResoLivingAreaSource: PublicRecords
  • Appliances:Electric Water Heater: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Split Bedrooms: Yes

Exterior Features

  • Exterior Features: Boat Lift
  • Pool Features: None
  • Roof: Shingle
  • Acres: 0.17
  • Waterfront Features: Canal Front, Navigable Water
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Frame, Wood Siding
  • Direction Faces: South
  • 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
  • Construction Materials:Frame: Yes
  • Construction Materials:Wood Siding: Yes
  • Waterfront Features:Canal Front: Yes
  • Waterfront Features:Navigable Water: Yes
  • Construction Materials:Brick2: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Cable Available, Electricity Connected, Water Available
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Central: Yes
  • Heating:Electric3: 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 Size Sq Ft: 7405.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2431902
  • Parcel #: 24-37-19-04-0000a.0-0015.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 5026.39

MLS Schools

  • Elementary School: Audubon
  • High School: Merritt Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2019
Closed on
May 18, 2020
Sold by
Fannie Mae
Bought by
Johnson Aaron C
Seller's Agent
Barbara Zorn
Better Homes & Gardens RE Star
Buyer's Agent
Non-Member Non-Member Out Of Area
Non-MLS or Out of Area
List Price
$369,900
Sold Price
$309,900
Premium/Discount to List
-$60,000
-16.22%
Current Estimated Value
$558,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$248,542
Avg. Annual Appreciation
11.91%
Original Mortgage
$190,000
Outstanding Balance
$170,560
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$387,687

Purchase Details

Closed on
Dec 20, 2018
Sold by
Milano Albert G
Bought by
Federal National Mortgage Association and Fannie Mae

Purchase Details

Closed on
Nov 29, 2004
Sold by
Eyster Patricia H
Bought by
Milano Albert G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,250
Interest Rate
6.62%
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
Johnson Aaron C $309,900 Buyer S Title Inc
Federal National Mortgage Association $373,701 Attorney
Milano Albert G $375,000 Fidelity Natl Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Aaron C $190,000
Previous Owner Milano Albert G $374,825
Previous Owner Milano Albert G $365,000
Previous Owner Milano Albert G $356,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2020 05/20/20 Sold $309,900 -3.1% $164 / Sq Ft
04/17/2020 04/17/20 Pending -- -- --
03/30/2020 03/30/20 Price Changed $319,900 -5.0% $169 / Sq Ft
03/02/2020 03/02/20 Price Changed $336,900 -0.9% $178 / Sq Ft
02/07/2020 02/07/20 Price Changed $339,900 -2.9% $180 / Sq Ft
01/03/2020 01/03/20 Price Changed $349,900 -2.8% $185 / Sq Ft
12/05/2019 12/05/19 Price Changed $359,900 -2.7% $190 / Sq Ft
11/05/2019 11/05/19 For Sale $369,900 0.0% $196 / Sq Ft
04/13/2012 04/13/12 Rented $1,200 0.0% --
04/04/2012 04/04/12 Under Contract -- -- --
01/12/2012 01/12/12 For Rent $1,200 -- --
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
2023 $6,365 $484,960 $0 $0
2022 $5,626 $441,650 $0 $0
2021 $5,408 $366,630 $225,000 $141,630
2020 $4,981 $330,690 $190,000 $140,690
2019 $5,023 $327,530 $173,000 $154,530
2018 $5,026 $335,820 $150,000 $185,820
2017 $4,601 $277,840 $138,000 $139,840
2016 $4,504 $261,600 $130,000 $131,600
2015 $4,272 $233,820 $125,000 $108,820
2014 $3,986 $212,570 $117,000 $95,570
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 860028

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 24-37-19-04-0000A.0-0015.00