$495,000
SOLD FEB 7, 2014

1970 Gates Rd Merritt Island, FL 32952

5 Beds
4 Baths
2,964 Sq Ft
0.33 Acres

Recently Sold

$167 Per Sq Ft

17% Below List Price

193 Days on Market

Highlights

  • Boat Dock
  • River Front
  • No HOA
  • In Ground Pool
  • Vaulted Ceiling
  • Screened Porch

About This Home

As of June 2024

AMAZING Key West style riverfront home with fabuluous sunsets and gorgeous river view from every room! Watch the dolphins play or fish from your own private dock, swim in the free form rock accented pool with waterfall and natural landscaping and tiki bar! 4 bed/2 bath on 2nd floor, guest room and 2 full baths on 1st floor. Soaring river rock fireplace is centerpiece in living room. Come see this special home today and make it your own!

Last Agent to Sell the Property

Cheryl Valdez

Hawkins Realty, Inc. License #601766 Listed on: 11/26/2013

Last Buyer's Agent

Charles Fischer

Housing Market LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,545

Year Built

  • Built in 1989

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 125 x 90
  • River Front
  • Cul-De-Sac
  • Street terminates at a dead end
  • East Facing Home

Parking

  • 2 Car Attached Garage

Property Views

  • Water
  • Pool

Home Design

  • Frame Construction
  • Metal Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 2,964 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Screened Porch
  • Washer and Gas Dryer Hookup

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 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

Outdoor Features

  • In Ground Pool
  • Patio
  • Gazebo

Schools

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

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 25370700007720000000

Community Details

Overview

  • No Home Owners Association
  • N 1/2 Of Govt Lot 3 Exc Orb Subdivision

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,545

Year Built

Built in 1989

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1989
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • ResoLotFeatures: Cul-De-Sac, Dead End Street
  • Reso View: Pool, Water
  • Water Body Name: Newfound Harbor
  • Reso Association Amenities: Boat Dock
  • ResoSpecialListingConditions: Real Estate Owned
  • Subdivision Name: N 1/2 of Govt Lot 3 Exc Orb
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Other Structures: Gazebo
  • Location Tax and Legal Parcel Number2: 25370700007720000000
  • Location Tax and Legal Elementary School: Tropical
  • Location Tax and Legal Middle School2: Jefferson
  • Location Tax and Legal High School: Merritt Island
  • Location Tax and Legal Tax Annual Amount: 6544.8
  • Location Tax and Legal Tax Year2: 2012
  • General Property Information Living Area2: 2964.0
  • General Property Information Lot Size Acres: 0.33
  • General Property Information Lot Size Square Feet2: 14374.8
  • 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: East
  • Cooling Central Air: Yes
  • Flooring Laminate: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Pool Features In Ground: Yes
  • Pool Features Private: Yes
  • Lot Features Dead End Street: Yes
  • View Pool: Yes
  • Flooring Carpet: Yes
  • Levels Two: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • View Water3: Yes
  • Room Types Dining Room: Yes
  • Room Types Family Room: Yes
  • Room Types Living Room: Yes
  • Interior Features Guest Suite: Yes
  • General Property Information Lot Size Dimensions: 125 x 90
  • Other Structures Gazebo: Yes
  • Special Listing Conditions Real Estate Owned: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-in Features, Ceiling Fan(s), Guest Suite, His and Hers Closets, Primary Bathroom - Tub with Shower, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
  • Flooring: Carpet, Laminate, Tile
  • Spa Features: Bath
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplace Features: Wood Burning, Other
  • ResoLivingAreaSource: PublicRecords
  • Interior Features:Built-in Features: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:His and Hers Closets: Yes
  • Spa Features:Bath: Yes
  • Fireplace Features:Wood Burning: Yes

Exterior Features

  • Pool Features: In Ground, Private
  • Roof: Metal
  • Acres: 0.33
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Construction Type: Frame, Vinyl Siding, Wood Siding
  • Direction Faces: East
  • Patio And Porch Features: Patio, Porch, Screened
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Lot Features:Cul-De-Sac: Yes
  • Construction Materials:Frame: Yes
  • Construction Materials:Wood Siding: Yes
  • Construction Materials:Vinyl Siding: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Waterfront Features:River Front: 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
  • Utilities: 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
  • Association Amenities:Boat Dock: Yes

Schools

  • Middle Or Junior School: Jefferson

Lot Info

  • Lot Dimensions: 125 x 90
  • Lot Size Sq Ft: 14374.8
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2515138
  • Parcel #: 25370700007720000000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 6544.8

MLS Schools

  • Elementary School: Tropical
  • High School: Merritt Island

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
$1,600,313

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
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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

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 $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

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Map

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

MLS Number: 669066

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 25-37-07-00-00772.0-0000.00