NOT LISTED FOR SALE

225 S Tropical Trail Unit 516 Merritt Island, FL 32952

Estimated Value: $154,634 - $179,000

1 Bed
1 Bath
790 Sq Ft
$298/mo HOA Fee

Last Sold January 03, 2020

Last sale price $82,000 $104 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $1,387/month

1 Day on Market

Highlights

  • Waterfront Community
  • Fitness Center
  • Screened Porch
  • Boat Dock
  • View of Trees or Woods
  • Community Pool

About This Home

As of January 2020

MLS entry for comparables only

Last Agent to Sell the Property

Non-Member Non-Member Out Of Area

Non-MLS or Out of Area License #nonmls Listed on: 01/07/2020

Last Buyer's Agent

Lisa Clough

Cape Canaveral Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,171

Year Built

  • Built in 1986

Lot Details

  • East Facing Home

HOA Fees

  • $298 Monthly HOA Fees

Home Design

  • Frame Construction
  • Shingle Roof
  • Wood Siding
  • Asphalt

Interior Spaces

  • 790 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Screened Porch
  • Views of Woods
  • Security Gate

Kitchen

  • Breakfast Bar
  • Electric Range
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 1 Full Bathroom
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry Room
  • Washer

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 24-36-35-00-00507.D.0000.00

Community Details

Overview

  • Association fees include insurance, pest control, trash, water
  • Sunset Bay A Condominium Subdivision
  • Maintained Community
  • Car Wash Area

Amenities

  • Community Barbecue Grill

Recreation

  • Boat Dock
  • Waterfront Community
  • Tennis Courts
  • Community Basketball Court
  • Fitness Center
  • Community Pool
  • Community Spa
  • Jogging Path

Pet Policy

  • 2 Pets Allowed
  • Breed Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,171

Year Built

Built in 1986

Lot Details

0

HOA Fees

$298 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1986
  • Reso Property Sub Type: Condominium
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Road Surface Type: Asphalt
  • Reso View: Trees/Woods
  • ResoSecurityFeatures: Security Gate
  • Reso Association Amenities: Barbecue, Basketball Court, Boat Dock, Car Wash Area, Fitness Center, Jogging Path, Maintenance Grounds, Maintenance Structure, Management - Full Time, Management - Off Site, Spa/Hot Tub, Tennis Court(s)
  • Reso Association Fee Includes: Insurance, Pest Control, Trash, Water
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Sunset Bay A Condominium
  • Carport Y N: No
  • Entry Level: 2
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Appliances Refrigerators: Yes
  • Cooling:Electric: Yes
  • Washers: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Primary Bathroom - Tub with Shower, Walk-In Closet(s)
  • Flooring: Carpet, Laminate
  • Appliances: Dishwasher, Disposal, Electric Range, Electric Water Heater, Ice Maker, Refrigerator, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Pool Features:Community: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Walk-In Closet(s): Yes

Exterior Features

  • Pool Features: Community
  • Roof: Shingle, Other
  • Waterfront Features: Waterfront Community
  • Waterfront: No
  • Construction Type: Frame, Wood Siding
  • Direction Faces: East
  • Patio And Porch Features: Porch, Screened
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Construction Materials:Frame: Yes
  • Construction Materials:Wood Siding: Yes

Garage/Parking

  • General Property Information:Garage YN: No

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: 298.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 298.0
  • General Property Information:Association Fee Frequency: Monthly
  • Association Amenities:SpaHot Tub: Yes
  • Association Fee Includes:Insurance: Yes
  • Association Fee Includes:Water: Yes
  • Association Amenities:Fitness Center: Yes
  • Association Amenities:Basketball Court: Yes
  • Association Amenities:Jogging Path: Yes
  • Association Amenities:Boat Dock: Yes
  • Association Amenities:Tennis Court(s)2: Yes
  • Association Fee Includes:Trash: 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

  • Additional Parcels Description: 2461322
  • Parcel #: 24-36-35-00-00507.D.0000.00

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 1170.9

MLS Schools

  • Elementary School: Tropical
  • High School: Merritt Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 3, 2019
Sold by
Verhulst Gustaaf
Bought by
Long Staci
Total Days on Market
1
Current Estimated Value
$165,409

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,600
Interest Rate
5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 12, 2014
Sold by
Verhulst Gustaaf
Bought by
Verhulst Gustaaf

Purchase Details

Listed on
Jun 15, 2013
Closed on
Jul 15, 2013
Sold by
Jpmorgan Chase Bank National Association
Bought by
Verhulst Gustant and Verhulst Catharina
Seller's Agent
Karen Kuta
RE/MAX Aerospace Realty
Buyer's Agent
Niko Mihatovic
All Real Estate, Inc.
List Price
$47,380
Sold Price
$45,700
Premium/Discount to List
-$1,680
-3.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.54%

Purchase Details

Closed on
May 24, 2013
Sold by
Bridgewater Jahee and Burgos Melanie A
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Feb 5, 2008
Sold by
Sunset Bay Cocoa Llc
Bought by
Bridgewater Jahee and Burgos Melanie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,400
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Similar Homes in Merritt Island, FL

  • 225 S Tropical Trail Unit 607, Merritt Island, FL 32952

    $189,900

    • 2 Beds
    • 2 Baths
    • 1,010 Sq Ft
    • 225 S Tropical Trail
    • Unit 607
    • Merritt Island, FL

    DIRECT RIVERFRONT VIEWS! Desirable 600 building of Sunset Bay! River views from living room, sunroom area and both bedrooms!! Second floor two bedroom two bath. Master with en-suite bathroom & walk-in closet. Full size washer & dryer in closet area in hallway. Owner will sell furnished with a few exclusions for art and personal belongings. GATED community! Resort like community amenities

    Kim McNear Tropical Realty & Inv. of Brev

    Section Image
  • 225 S Tropical Trail Unit 423, Merritt Island, FL 32952

    $169,900

    • 1 Bed
    • 1 Bath
    • 708 Sq Ft
    • 225 S Tropical Trail
    • Unit 423
    • Merritt Island, FL

    DIRECT RIVERFRONT BUILDING! Owner Financing Available! Save on your mortgage rate & closing costs! Gated South Merritt Island Sunset Bay condo complex! Third floor one bedroom one bath. Open floor plan - living room/dining room area, balcony-sunroom, kitchen, inside laundry room with full size washer and dryer, full bathroom, bedroom and walk-in closet. River views from living room, sunroom

    Kim McNear Tropical Realty & Inv. of Brev

    Section Image
  • 225 S Tropical Trail Unit 110, Merritt Island, FL 32952

    $197,000

    • 2 Beds
    • 1 Bath
    • 1,081 Sq Ft
    • 225 S Tropical Trail
    • Unit 110
    • Merritt Island, FL

    REMODELED corner unit with VAULTED CEILINGS located in a gated community of Sunset Bay! You'll love how spacious this unit is, and the design elements throughout. It's an open floorplan with an added SUNROOM full of windows to let lots of light in. The kitchen has SOLID SURFACE COUNTERTOPS, STAINLESS STEEL APPLIANCES and UNDERMOUNT LIGHTING. There's a full size washer and dryer. The bathroom

    Aida Teague Southern Tropics R.E. LLC

    Section Image
  • 225 S Tropical Trail Unit 802, Merritt Island, FL 32952

    $175,000

    • 2 Beds
    • 2 Baths
    • 1,155 Sq Ft
    • 225 S Tropical Trail
    • Unit 802
    • Merritt Island, FL

    Enjoy a resort-style living experience in this gated, riverfront community! This exceptional ground-floor, fully furnished unit boasts 2 spacious bedrooms and bathrooms, it stands out as one of the largest units in the area. The unit also features a decorative fireplace and an extra enclosed room, adding valuable space. Located directly on the Indian River, the community is lush with tropical

    Marcus Truett MBT Homes

    Section Image
  • 55 Needle Blvd Unit 76, Merritt Island, FL 32953

    $143,000

    • 2 Beds
    • 1.5 Baths
    • 900 Sq Ft
    • 55 Needle Blvd
    • Unit 76
    • Merritt Island, FL

    End unit ground floor entry; Condo has may recent upgrades to include Hot water heater, electrical panel, dishwasher and newer carpeting on the second floor. hurricane shutters , newer primary bathroom.Association amenities include an inground community pool.

    Gina Caccamo, PA C. Apollo Realty Inc

    Section Image
  • 140 Minna Ln, Merritt Island, FL 32953

    $139,000

    • 2 Beds
    • 1 Bath
    • 775 Sq Ft
    • 140 Minna Ln
    • Merritt Island, FL

    Great Investment or Owner/Occupant Opportunity - This is a Bottom Floor Unit close to the Pool with 2BEDROOMS, 1BATH and 775 sf under air. Tile Floors throughout. Only $250 monthly association fee which includes water/sewer. Taxes for the 2024 year were only $1,066.00. This Central Merritt Island property is close to top-rated schools, shopping, dining, entertainment, healthcare providers, and

    Ruben Garcia Garcia Real Estate & Mgmt Svc.

    Section Image
  • 250 N Banana River Dr Unit H8, Merritt Island, FL 32952

    $184,900

    • 2 Beds
    • 1 Bath
    • 912 Sq Ft
    • 250 N Banana River Dr
    • Unit H8
    • Merritt Island, FL

    This TWO BEDROOM unit on the second floor has a lovely view of the canal from the porch! It's light and bright, with the original terrazo floors throughout. The kitchen is open to the living area and has white shaker style cabinets, granite tops and staylish backsplash. The bathroom is remodeled with floor to ceiling tile and a walk in shower. The windows and sliders have been replaced. Carport

    Aida Teague Southern Tropics R.E. LLC

    Section Image
  • 250 N Banana River Dr Unit A23, Merritt Island, FL 32952

    $189,000

    • 2 Beds
    • 1 Bath
    • 912 Sq Ft
    • 250 N Banana River Dr
    • Unit A23
    • Merritt Island, FL

    A rare FIRST FLOOR, TWO BEDROOM condo with WATER VIEWS from the living area! Live in the wonderful community of TREASURE COAST! Carport 37 is assigned to this unit. The unit has been freshly painted. The flooring is terrazo throughout and you'll appreciate how much storage space this unit has. The community offers laundry facilities, onsite management, a heated pool, a tiki hut and access to

    Aida Teague Southern Tropics R.E. LLC

    Section Image
  • 2135 N Courtenay Pkwy Unit 110, Merritt Island, FL 32953

    $160,000

    • 1 Bed
    • 1 Bath
    • 939 Sq Ft
    • 2135 N Courtenay Pkwy
    • Unit 110
    • Merritt Island, FL

    Large 1 bedroom unit in 55+ community of Island Village avail now. Open floor plan with living dining combo, kitchen, and laundry room with washer & dryer. Bedroom features large walk in closet with private bathroom. Back patio has 2 extra storage closets. Well maintained complex offers an abundance of amenities, pool, shuffleboard, tennis courts, clubhouse with exercise equipment, RV/Boat

    Matthew Hausmann RE/MAX Aerospace Realty

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Long Staci $82,000 On Point Title Services Llc
Verhulst Gustaaf -- Attorney
Verhulst Gustaaf Jacob -- Attorney
Verhulst Gustant $45,700 Fidelity National Title Of F
Jpmorgan Chase Bank National Association -- Attorney
Bridgewater Jahee $209,900 Celebration Title Svcs Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Long Staci $65,600
Previous Owner Bridgewater Jahee $199,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2020 01/03/20 Sold $82,000 0.0% $104 / Sq Ft
12/20/2019 12/20/19 For Sale $82,000 +79.4% $104 / Sq Ft
07/29/2013 07/29/13 Sold $45,700 -3.5% $64 / Sq Ft
06/24/2013 06/24/13 Pending -- -- --
06/14/2013 06/14/13 For Sale $47,380 -- $66 / 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 $1,966 $154,790 $0 $0
2022 $1,656 $127,800 $0 $0
2021 $1,456 $84,740 $0 $84,740
2020 $1,223 $68,150 $0 $68,150
2019 $1,150 $66,160 $0 $66,160
2018 $1,171 $73,030 $0 $73,030
2017 $1,039 $54,470 $0 $54,470
2016 $974 $46,010 $0 $0
2015 $1,115 $52,880 $0 $0
2014 $823 $34,290 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

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

MLS Number: 864467

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 24-36-35-00-00507.D-0000.00