NOT LISTED FOR SALE

225 S Tropical Trail Unit 301 Merritt Island, FL 32952

Estimated Value: $186,424 - $209,000

2 Beds
2 Baths
1,155 Sq Ft
$172/Sq Ft Est. Value

Last Sold November 08, 2013

Last sale price $48,000 $42 Per Sq Ft

Est. 313% increase in value since last sale

Current estimated payment $1,724/month

About This Home

As of November 2013

First floor corner unit with fireplace! Renovated 2 bedroom 2 bath. Light and bright inside! Kitchen has been updated with newer appliances, fixtures and cabinets. Tile floors throughout. Bathrooms have been updated as well. Balcony off living room /breakfast nook area. Laundry room w/full size washer and dryer. Unit is just steps away from community pool, clubhouse and fitness center. Complex amenities include community pool with spa, tennis and basketball court, car wash area, fitness center, clubhouse, BBQ area, community walking area along the river! Gate community. Onsite property management. Owner pays condo association fees. Tenant must register with onsite management before move in. Owner willing to consider a small pet. One closet does not convey - owner keeps unit's materials materials

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 17, 2022
Sold by
Fisk David D and Fisk Marta R
Bought by
Sheldon Larry M and Payne Debra K
Current Estimated Value
$198,106

Purchase Details

Listed on
May 1, 2013
Closed on
Oct 1, 2013
Sold by
Gavilan Laura
Bought by
Jpmorgan Chase Bank National Association
Seller's Agent
Christine Lawhon
Southern Tropics R.E. LLC
Buyer's Agent
Aida Teague
Southern Tropics R.E. LLC
List Price
$38,000
Sold Price
$48,000
Premium/Discount to List
$10,000
26.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.92%

Purchase Details

Listed on
May 1, 2013
Closed on
Sep 24, 2013
Sold by
Gavilan Laura
Bought by
Fisk David D and Fisk Marta R
Seller's Agent
Christine Lawhon
Southern Tropics R.E. LLC
Buyer's Agent
Aida Teague
Southern Tropics R.E. LLC
List Price
$38,000
Sold Price
$48,000
Premium/Discount to List
$10,000
26.32%

Purchase Details

Closed on
Feb 6, 2013
Sold by
Gavilan Laura
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Apr 18, 2008
Sold by
Sunset Bay Cocoa Llc
Bought by
Gavilan Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,415
Interest Rate
5.82%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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Average Value
Not Available
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
Sheldon Larry M $187,500 None Listed On Document
Jpmorgan Chase Bank National Association -- None Available
Fisk David D $38,000 Countywide Title & Escrow Co
Jpmorgan Chase Bank National Association -- None Available
Gavilan Laura $289,900 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gavilan Laura $246,415
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2019 05/18/19 Rented $1,250 0.0% --
05/09/2019 05/09/19 Under Contract -- -- --
04/29/2019 04/29/19 For Rent $1,250 +31.6% --
04/18/2014 04/18/14 For Rent $950 0.0% --
04/18/2014 04/18/14 Rented $950 0.0% --
11/08/2013 11/08/13 Sold $48,000 +26.3% $45 / Sq Ft
05/01/2013 05/01/13 Pending -- -- --
04/30/2013 04/30/13 For Sale $38,000 -- $36 / Sq Ft

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 $1,928 $163,690 $0 $163,690
2022 $1,754 $142,010 $0 $0
2021 $1,593 $104,720 $0 $104,720
2020 $1,469 $94,370 $0 $94,370
2019 $1,391 $91,610 $0 $91,610
2018 $1,326 $84,880 $0 $84,880
2017 $1,226 $71,410 $0 $71,410
2016 $1,145 $60,320 $0 $0
2015 $1,204 $49,440 $0 $0
2014 $1,000 $44,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

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