NOT LISTED FOR SALE

1655 N Tropical Trail Merritt Island, FL 32953

Estimated Value: $524,000 - $1,616,088

3 Beds
2 Baths
2,768 Sq Ft
$387/Sq Ft Est. Value

Last Sold July 21, 2017

Last sale price $960,000 $347 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $6,053/month

309 Days on Market

Highlights

  • 280 Feet of Waterfront
  • Farm
  • Agricultural
  • 10.05 Acre Lot
  • No HOA

About This Home

As of July 2017

10 acres zoned EU/AU with existing house, 4 outbuildings with a dock running long into the Indian River and a huge yard that has amazing sunset and river views along with giant oak trees decorated with lovely Spanish moss. Looking across the spacious property to the East from the river the grounds are filled with mature orange trees and rows of palms from the previous orange grove and palm nursery. Use your imagination in regards to the development possibilities of this land. As it sits, you could split it in to two riverfront parcels, or go even further with is future land use of 1 unit per acre and subdivide.

Last Agent to Sell the Property

Matthew Hausmann

Coldwell Banker Realty Listed on: 05/27/2016

Last Buyer's Agent

Matthew Hausmann

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,757

Lot Details

  • 10.05 Acre Lot
  • 280 Feet of Waterfront
  • River Front
  • Cleared Lot

Schools

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

Farming

  • Farm
  • Agricultural

Utilities

  • Well
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 24-36-22-00-00006.0-0000.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,757

Lot Details

0

Listing Details

  • Property Type: Land
  • Reso Property Sub Type: Unimproved Land
  • ResoLotFeatures: Agricultural, Cleared, Farm
  • Road Surface Type: Paved
  • Water Body Name: Indian River
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: None
  • Location Tax and Legal Parcel Number2: 24-36-22-00-00006.0-0000.00
  • Location Tax and Legal Elementary School: Mila
  • Location Tax and Legal Middle School2: Jefferson
  • Location Tax and Legal High School: Merritt Island
  • Location Tax and Legal Tax Annual Amount: 3756.95
  • Location Tax and Legal Tax Year2: 2015
  • General Property Information Lot Size Acres: 10.05
  • General Property Information Lot Size Square Feet2: 437778.0
  • General Property Information Waterfront YN: Yes
  • General Property Information Senior Community YN: No
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Water Source Well: Yes
  • General Property Information Water Frontage Feet: 280
  • General Property Information Number Of Lots2: 1.0
  • Special Features: None
  • Property Sub Type: Detached

Exterior Features

  • Acres: 10.05
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Lot Features:Agricultural: Yes
  • Lot Features:Farm: Yes
  • Lot Features:Cleared: Yes
  • Waterfront Features:River Front: Yes

Utilities

  • Utilities: Cable Available, Electricity Connected
  • Water Source: Well
  • Sewer Septic Tank: 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

  • Number Of Lots: 1
  • Current Use: Residential, Single Family
  • Lot Size Sq Ft: 437778.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 24-36-22-00-00006.0-0000.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 3756.95

MLS Schools

  • Elementary School: Mila
  • High School: Merritt Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 1, 2016
Bought by
John E Krieg Revocable Trust
Current Estimated Value
$1,070,044

Purchase Details

Closed on
Mar 13, 2014
Sold by
Krieg John Edward and Krieg John E
Bought by
Krieg John E and John E Krieg Revocable Trust
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
John E Krieg Revocable Trust -- --
Krieg John E -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2017 07/21/17 Sold $960,000 -12.7% $347 / Sq Ft
04/02/2017 04/02/17 Pending -- -- --
05/27/2016 05/27/16 For Sale $1,100,000 -- $397 / 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 $2,664 $217,290 -- --
2023 $2,664 $210,710 $0 $0
2022 $2,487 $204,790 $0 $0
2021 $2,593 $199,040 $0 $0
2020 $2,565 $196,400 $0 $0
2019 $9,386 $675,520 $595,710 $79,810
2018 $9,775 $685,510 $595,710 $89,800
2017 $10,125 $644,020 $580,850 $63,170
2016 $3,644 $249,120 $211,360 $37,760
2015 $3,757 $247,440 $7,250 $240,190
2014 $3,765 $243,520 $7,250 $236,270
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 755599

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 24-36-22-00-00006.0-0000.00