$98,000
SOLD SEP 12, 2022

225 S Tropical Trail Unit 223 Merritt Island, FL 32952

1 Bed
1 Bath
489 Sq Ft
$210/mo HOA Fee

Recently Sold

$200 Per Sq Ft

39% Below List Price

63 Days on Market

Highlights

  • River Front
  • Wooded Lot
  • Community Pool
  • View of Trees or Woods
  • Vaulted Ceiling
  • Tennis Courts

About This Home

As of September 2022

Wonderful and sought after gated community on the Indian River! Spacious 1 bedroom unit with a wooded view. Bosh dishwasher was installed in 2019, as well as new floors in the bathroom. Community features resort style pool, kayaks, community dock, tennis courts and 2 hot tubs. Tenant's lease expires 1/31/2023.

Last Agent to Sell the Property

Aida Teague

Southern Tropics R.E. LLC License #3076756 Listed on: 06/09/2022

Co-Listed By

Tiffany Schanck

Legacy Real Estate Group

Last Buyer's Agent

Theresa Martin

Legacy Real Estate Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,060

Year Built

  • Built in 1986

Lot Details

  • River Front
  • West Facing Home
  • Wooded Lot

HOA Fees

  • $210 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 489 Sq Ft Home
  • 3-Story Property
  • Vaulted Ceiling
  • Views of Woods

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Schools

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

Listing and Financial Details

  • Assessor Parcel Number 24-36-35-00-00504.T-0000.00

Community Details

Overview

  • Association fees include pest control
  • Precision Property Mgt Solutions. Association, Phone Number (321) 684-7793
  • Sunset Bay A Condominium Subdivision
  • Maintained Community
  • Car Wash Area

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Pet Policy

  • Breed Restrictions

Additional Features

  • Community Barbecue Grill
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,060

Year Built

Built in 1986

Lot Details

0

HOA Fees

$210 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1986
  • Reso Property Sub Type: Condominium
  • ResoLotFeatures: Wooded
  • Reso View: Trees/Woods
  • Water Body Name: Indian River
  • Reso Association Amenities: Barbecue, Car Wash Area, Maintenance Grounds, Management - Full Time, Management- On Site, Spa/Hot Tub, Tennis Court(s)
  • Reso Association Fee Includes: Pest Control
  • Co List Office Mls Id: spc.olereg
  • Co List Office Phone: 321-574-5656
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Sunset Bay A Condominium
  • Carport Y N: No
  • Entry Level: 3
  • Garage Yn: No
  • Unit Levels: Three Or More
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 24-36-35-00-00504.T-0000.00
  • 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: 1060.39
  • Location Tax and Legal Tax Year2: 2021
  • General Property Information Living Area2: 489.0
  • General Property Information Lot Size Acres: 0.06
  • General Property Information Lot Size Square Feet2: 2614.0
  • 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: West
  • Appliances Refrigerators: Yes
  • Flooring Tile: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Flooring Carpet: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • Waterfront Features Waterfront Community: Yes
  • General Property Information Stories Total: 3
  • General Property Information Association Phone: 321-684-7793
  • Levels Three Or More: Yes
  • View TreesWoods: Yes
  • Pets Allowed Breed Restrictions: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Interior Amenities: Vaulted Ceiling(s)
  • Flooring: Carpet, Tile
  • Appliances: Dishwasher, Electric Range, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Pool Features:Community: Yes
  • Interior Features:Vaulted Ceiling(s): Yes

Exterior Features

  • Pool Features: Community
  • Roof: Shingle, Other
  • Acres: 0.06
  • Waterfront Features: River Front, Waterfront Community
  • Waterfront: Yes
  • Construction Type: Frame, Wood Siding
  • Direction Faces: West
  • Construction Materials:Frame: Yes
  • Construction Materials:Wood Siding: Yes
  • Lot Features:Wooded: Yes
  • Waterfront Features:River Front: Yes

Garage/Parking

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

Utilities

  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 210.0
  • Association Fee Frequency: Monthly
  • Association Name: Precision Property Mgt Solutions.
  • Phone: 321-684-7793
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: Precision Property Mgt Solutions.
  • General Property Information:Association Fee: 210.0
  • General Property Information:Association Fee Frequency: Monthly
  • Association Amenities:SpaHot Tub: Yes
  • Association Amenities:Tennis Court(s)2: Yes
  • Association Amenities:Barbecue: Yes
  • Association Amenities:Car Wash Area: Yes
  • Association Fee Includes:Pest Control: Yes

Schools

  • Middle Or Junior School: Jefferson

Lot Info

  • Lot Size Sq Ft: 2614.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2461257
  • Parcel #: 24-36-35-00-00504.T-0000.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 1060.39

MLS Schools

  • Elementary School: Tropical
  • High School: Merritt Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2022
Closed on
Sep 12, 2022
Sold by
Andrew Burton Paul
Bought by
Tchistiakova Victoria
Seller's Agent
Aida Teague
Southern Tropics R.E. LLC
Buyer's Agent
Theresa Martin
Legacy Real Estate Group
List Price
$160,000
Sold Price
$98,000
Premium/Discount to List
-$62,000
-38.75%
Total Days on Market
63
Views
17
Current Estimated Value
$142,243

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,243
Avg. Annual Appreciation
12.83%

Purchase Details

Listed on
Jun 15, 2012
Closed on
Sep 28, 2012
Sold by
Fannie Mae
Bought by
Burton Paul Andrew
Seller's Agent
Barbara Zorn
Better Homes & Gardens RE Star
Buyer's Agent
Aida Teague
Southern Tropics R.E. LLC
List Price
$38,500
Sold Price
$35,000
Premium/Discount to List
-$3,500
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.89%

Purchase Details

Closed on
Apr 5, 2012
Sold by
Bennett Yvonne
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 17, 2008
Sold by
Sunset Bay Cocoa Llc
Bought by
Bennett Yvonne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,920
Interest Rate
5.84%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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 $98,000 Island Title & Escrow
Special Warranty Deed $35,000 Reo Title Company Of Florida
Warranty Deed $136,000 Attorney
Special Warranty Deed $169,900 First Security Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $135,920 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2022 09/12/22 Sold $98,000 -14.8% $200 / Sq Ft
08/12/2022 08/12/22 Pending -- -- --
08/09/2022 08/09/22 Price Changed $115,000 -17.9% $235 / Sq Ft
07/11/2022 07/11/22 Price Changed $140,000 -3.4% $286 / Sq Ft
07/06/2022 07/06/22 Price Changed $145,000 -2.7% $297 / Sq Ft
07/05/2022 07/05/22 Price Changed $149,000 -3.8% $305 / Sq Ft
06/27/2022 06/27/22 Price Changed $154,900 -3.2% $317 / Sq Ft
06/09/2022 06/09/22 For Sale $160,000 0.0% $327 / Sq Ft
02/04/2018 02/04/18 For Rent $900 +5.9% --
01/30/2018 01/30/18 Rented $850 0.0% --
01/26/2018 01/26/18 Rented $850 0.0% --
12/20/2017 12/20/17 For Rent $850 0.0% --
09/28/2012 09/28/12 Sold $35,000 -9.1% $72 / Sq Ft
08/28/2012 08/28/12 Pending -- -- --
06/15/2012 06/15/12 For Sale $38,500 -- $79 / 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 $1,659 $112,210 $0 $112,210
2022 $1,173 $99,010 $0 $0
2021 $1,060 $73,400 $0 $73,400
2020 $929 $56,470 $0 $56,470
2019 $866 $54,820 $0 $54,820
2018 $826 $50,430 $0 $50,430
2017 $764 $41,880 $0 $41,880
2016 $714 $35,370 $0 $0
2015 $748 $28,650 $0 $0
2014 $628 $26,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 935978

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 24-36-35-00-00504.T-0000.00