$35,000
SOLD SEP 28, 2012

225 S Tropical Trail Unit 223 Merritt Island, FL 32952

1 Bed
1 Bath
489 Sq Ft
$203/mo HOA Fee

Recently Sold

$72 Per Sq Ft

9% Below List Price

74 Days on Market

Highlights

  • In Ground Pool
  • Screened Porch
  • South Facing Home
  • River Front
  • Central Heating and Cooling System
  • Wood Siding

About This Home

As of September 2022

Live in a riverfront, Gated Community with a large pool, hot tub, plus community room with internet access. Cast a pole off the dock or just sit in your unit and enjoy watching the dolphins, manatees and birds. This unit is 1 bedroom, 1 bath on the thrid floor. This is a Fannie Mae property and is approved for HomePath Mortgage and HomePath Renovation Mortgage financing. Purchase for as little as 3% down.

Last Agent to Sell the Property

Barbara Zorn

Better Homes & Gardens RE Star License #434043 Listed on: 06/15/2012

Better Homes & Gardens RE Star

Last Buyer's Agent

Aida Teague

Southern Tropics R.E. LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $538

Year Built

  • Built in 1986

Lot Details

  • River Front
  • South Facing Home

HOA Fees

  • $203 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Frame Construction
  • Shingle Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 489 Sq Ft Home
  • 3-Story Property
  • Screened Porch

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Pool

  • In Ground Pool

Schools

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

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 2436350000504T000000

Community Details

Overview

  • Association fees include security
  • Sunset Bay A Condominium Subdivision
  • Maintained Community

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$538

Year Built

Built in 1986

Lot Details

0

HOA Fees

$203 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1986
  • Reso Property Sub Type: Condominium
  • Water Body Name: Indian River
  • Reso Association Amenities: Maintenance Grounds
  • Reso Association Fee Includes: Security
  • ResoSpecialListingConditions: Real Estate Owned
  • Subdivision Name: Sunset Bay A Condominium
  • Carport Y N: No
  • Entry Level: 3
  • Garage Yn: No
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 2436350000504T000000
  • 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: 537.59
  • Location Tax and Legal Tax Year2: 2011
  • General Property Information Living Area2: 489.0
  • 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 Laminate: Yes
  • Pool Features In Ground: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Roof:Shingle: Yes
  • Utilities Cable Available: Yes
  • Flooring Carpet: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • General Property Information Stories Total: 3
  • Special Listing Conditions Real Estate Owned: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Flooring: Carpet, Laminate
  • Appliances: Other
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords
  • Pool Features:Community: Yes

Exterior Features

  • Pool Features: Community, In Ground
  • Roof: Shingle
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Construction Type: Frame, Stucco, Wood Siding
  • Direction Faces: South
  • Patio And Porch Features: Porch, Screened
  • Construction Materials:Stucco: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Construction Materials:Frame: Yes
  • Construction Materials:Wood Siding: 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

  • Cooling: Central Air, Electric
  • Utilities: Cable Available, 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 Fee: 203.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 203.0
  • General Property Information:Association Fee Frequency: Monthly
  • Association Fee Includes:Security: Yes

Schools

  • Middle Or Junior School: Jefferson

Lot Info

  • Additional Parcels Description: 2461257
  • Parcel #: 2436350000504T000000

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 537.59

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%
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

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 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: 643061

Space Coast MLS (Space Coast Association of REALTORS®)

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