1970 Gates Rd Merritt Island, FL 32952
5
Beds
4
Baths
4,451
Sq Ft
0.33
Acres
Highlights
- Boat Dock
- River Front
- Vaulted Ceiling
- In Ground Spa
- Open Floorplan
- Wood Flooring
About This Home
As of June 2024Nestled along the serene shore of Merritt Island awaits a waterfront oasis like no other. A quintessential Key West-style home, boasting luxury and charm with 5 beds/4 baths, this residence offers a blend of coastal elegance and modern comfort. It's an ultimate outdoor paradise, featuring a custom beach-entry pool with a rock bridge, palm island, and an elevated spa. Relax in the shady tiki hut patio or enjoy sunsets from your riverside dock with a covered boat lift. Inside the home features a natural rock fireplace, huge windows, and hardwood floors creating comfort with high-end style. Dual master suites, multiple living areas, a dedicated office space, and a fully outfitted kitchen provide you with the perfect space to call home. The metal-hip style roof will ease your mind as you relax on the covered front porch. In a prime location, this home offers the perfect blend of comfort, style, and convenience. Let this be your dream home!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $12,280
Year Built
- Built in 1989 | Remodeled
Lot Details
- 0.33 Acre Lot
- River Front
- Street terminates at a dead end
- East Facing Home
- Wood Fence
Parking
- 2 Car Attached Garage
- Garage Door Opener
Home Design
- Frame Construction
- Metal Roof
- Wood Siding
- Asphalt
Interior Spaces
- 4,451 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Central Vacuum
- Built-In Features
- Vaulted Ceiling
- Ceiling Fan
- Wood Burning Fireplace
- Water Views
Kitchen
- Breakfast Area or Nook
- Breakfast Bar
- Double Oven
- Electric Cooktop
- Microwave
- Dishwasher
- Kitchen Island
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom on Main
- Split Bedroom Floorplan
- Dual Closets
- Walk-In Closet
- In-Law or Guest Suite
- 4 Full Bathrooms
- Bathtub and Shower Combination in Primary Bathroom
- Spa Bath
Home Security
- Smart Lights or Controls
- Smart Thermostat
- Hurricane or Storm Shutters
- High Impact Windows
Eco-Friendly Details
- Water-Smart Landscaping
Pool
- In Ground Spa
- Saltwater Pool
Outdoor Features
- Docks
- Covered patio or porch
- Fire Pit
Schools
- Tropical Elementary School
- Jefferson Middle School
- Merritt Island High School
Utilities
- Central Heating and Cooling System
- Heat Pump System
- Electric Water Heater
- Septic Tank
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 25-37-07-00-00772.0-0000.00
Community Details
Overview
- No Home Owners Association
- New Found Harbor Subdivision
Recreation
- Boat Dock
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 18, 2024
Closed on
Jun 4, 2024
Sold by
Goodwin Timothy J and Sartin Loretta D
Bought by
Steele Robert
Seller's Agent
Dawn Garrison
Denovo Realty
Buyer's Agent
Julie Steele
Blue Marlin Real Estate
List Price
$1,695,000
Sold Price
$1,640,000
Premium/Discount to List
-$55,000
-3.24%
Views
72
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$39,687
Avg. Annual Appreciation
-2.16%
Purchase Details
Listed on
Sep 2, 2020
Closed on
Mar 12, 2021
Sold by
Armstrong Randolph and Armstrong Cheryl
Bought by
Goodwin Timothy J and Sartin Loretta D
Seller's Agent
Jenn Clements
Coastal Life Properties LLC
Buyer's Agent
Sami Bolger
Coastal Life Properties LLC
List Price
$1,190,000
Sold Price
$1,150,000
Premium/Discount to List
-$40,000
-3.36%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.65%
Original Mortgage
$920,000
Interest Rate
2.7%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 4, 2013
Sold by
Bankunited Na
Bought by
Armstrong Randolph and Armstrong Cheryl
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
4.56%
Purchase Details
Closed on
Apr 8, 2013
Sold by
Johnson Tia A and Rhodes Eric
Bought by
Bankunited Na
Purchase Details
Closed on
Sep 16, 2010
Sold by
Island Land Investment Corporation and Gates Gary L
Bought by
Johnson Tia Anne
Purchase Details
Closed on
Jan 22, 2004
Sold by
Gurney Susan M
Bought by
Johnson Tia A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,500
Interest Rate
6.25%
Purchase Details
Closed on
Oct 14, 2003
Sold by
Gurney Susan M
Bought by
Gurney Susan M
Similar Homes in Merritt Island, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,640,000 | Supreme Title | |
| Warranty Deed | $1,150,000 | International T&E Co Llc | |
| Warranty Deed | $495,000 | Attorney | |
| Warranty Deed | $301,000 | Attorney | |
| Corporate Deed | -- | Superior Title Insurance Age | |
| Warranty Deed | $514,000 | Alliance Title Brevard Llc | |
| Warranty Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $920,000 | New Conventional | |
| Previous Owner | $350,000 | Commercial | |
| Previous Owner | $380,000 | New Conventional | |
| Previous Owner | $150,000 | Credit Line Revolving | |
| Previous Owner | $396,000 | No Value Available | |
| Previous Owner | $900,000 | Unknown | |
| Previous Owner | $300,000 | Credit Line Revolving | |
| Previous Owner | $60,000 | Credit Line Revolving | |
| Previous Owner | $385,500 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/04/2024 06/04/24 | Sold | $1,640,000 | -3.2% | $368 / Sq Ft |
| 05/04/2024 05/04/24 | Pending | -- | -- | -- |
| 04/18/2024 04/18/24 | For Sale | $1,695,000 | +47.4% | $381 / Sq Ft |
| 03/15/2021 03/15/21 | Sold | $1,150,000 | 0.0% | $259 / Sq Ft |
| 11/29/2020 11/29/20 | Pending | -- | -- | -- |
| 10/26/2020 10/26/20 | Price Changed | $1,150,000 | -3.4% | $259 / Sq Ft |
| 09/02/2020 09/02/20 | For Sale | $1,190,000 | 0.0% | $268 / Sq Ft |
| 08/24/2020 08/24/20 | Pending | -- | -- | -- |
| 08/03/2020 08/03/20 | Price Changed | $1,190,000 | -0.8% | $268 / Sq Ft |
| 07/09/2020 07/09/20 | Price Changed | $1,200,000 | -4.0% | $270 / Sq Ft |
| 05/04/2020 05/04/20 | For Sale | $1,250,000 | +152.5% | $281 / Sq Ft |
| 02/07/2014 02/07/14 | Sold | $495,000 | -17.5% | $167 / Sq Ft |
| 12/03/2013 12/03/13 | Pending | -- | -- | -- |
| 05/24/2013 05/24/13 | For Sale | $599,999 | -- | $202 / Sq Ft |
Source: Space Coast MLS (Space Coast Association of REALTORS®)
Tax History Compared to Growth
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 | $12,280 | $975,110 | $0 | $0 |
| 2022 | $11,502 | $946,710 | $0 | $0 |
| 2021 | $9,172 | $685,010 | $0 | $0 |
| 2020 | $7,121 | $522,380 | $0 | $0 |
| 2019 | $7,110 | $510,640 | $0 | $0 |
| 2018 | $7,155 | $501,120 | $0 | $0 |
| 2017 | $7,273 | $490,820 | $227,100 | $263,720 |
| 2016 | $7,455 | $481,960 | $227,100 | $254,860 |
| 2015 | $7,887 | $489,440 | $208,750 | $280,690 |
| 2014 | $7,387 | $412,160 | $208,750 | $203,410 |
Source: Public Records
Agents Affiliated with this Home
-
Dawn Garrison
Seller's Agent in 2024
Dawn Garrison
Denovo Realty
2 in this area
68 Total Sales
-
Mary Thorne
M
Seller Co-Listing Agent in 2024
Mary Thorne
Dale Sorensen Real Estate Inc.
(321) 223-2833
2 in this area
48 Total Sales
-
Julie Steele
Buyer's Agent in 2024
Julie Steele
Blue Marlin Real Estate
(321) 302-2897
12 in this area
52 Total Sales
-
Jenn Clements
Seller's Agent in 2021
Jenn Clements
Coastal Life Properties LLC
(321) 302-1430
120 in this area
586 Total Sales
-
Sami Bolger
Buyer's Agent in 2021
Sami Bolger
Coastal Life Properties LLC
(321) 243-3896
11 in this area
50 Total Sales
-
Cheryl Valdez
Seller's Agent in 2014
Cheryl Valdez
Hawkins Realty, Inc.
(321) 960-2672
3 in this area
33 Total Sales
Map
Source: Space Coast MLS (Space Coast Association of REALTORS®)
MLS Number: 1011338
APN: 25-37-07-00-00772.0-0000.00
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Information is deemed reliable but not guaranteed.
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