$45,700
SOLD JUL 29, 2013

225 S Tropical Trail Unit 516 Merritt Island, FL 32952

1 Bed
1 Bath
719 Sq Ft
$224/mo HOA Fee

Recently Sold

$64 Per Sq Ft

4% Below List Price

10 Days on Market

Highlights

  • Fitness Center
  • In Ground Pool
  • Clubhouse
  • Tropical Elementary School Rated 9+
  • Open Floorplan
  • Wooded Lot

About This Home

As of January 2020

Excellent RIVERFRONT community in South Merritt Island. Ideally located surrounded by mature oaks, gated, community pool with on site maintenance. Highly desirable, this 1 bedroom unit features full size laundry room, open living & dining, spacious bedroom and fireplace.

Last Agent to Sell the Property

Karen Kuta

RE/MAX Aerospace Realty License #3046546 Listed on: 06/15/2013

RE/MAX Aerospace Realty

Last Buyer's Agent

Niko Mihatovic

All Real Estate, Inc. License #671933

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $703

Year Built

  • Built in 1986

Lot Details

  • South Facing Home
  • Wooded Lot

HOA Fees

  • $224 Monthly HOA Fees

Home Design

  • Frame Construction
  • Shingle Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 719 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Fireplace
  • Screened Porch
  • Carpet
  • Breakfast Bar
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub and Shower Combination in Primary Bathroom

Outdoor Features

  • In Ground Pool
  • Patio

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 2436350000507D000000

Community Details

Overview

  • Association fees include trash
  • Sunset Bay A Condominium Subdivision
  • Maintained Community
  • Car Wash Area

Recreation

  • Fitness Center
  • Community Pool
  • Park

Additional Features

  • Clubhouse
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$703

Year Built

Built in 1986

Lot Details

0

HOA Fees

$224 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1986
  • Reso Property Sub Type: Condominium
  • ResoLotFeatures: Wooded
  • Reso Association Amenities: Car Wash Area, Clubhouse, Fitness Center, Maintenance Grounds, Management - Full Time, Management- On Site, Park
  • Reso Association Fee Includes: Trash
  • ResoSpecialListingConditions: Real Estate Owned
  • Subdivision Name: Sunset Bay A Condominium
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 2436350000507D000000
  • 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: 703.41
  • Location Tax and Legal Tax Year2: 2012
  • General Property Information Living Area2: 719.0
  • General Property Information New Construction YN: No
  • General Property Information Waterfront YN: No
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: South
  • Cooling Central Air: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Pool Features In Ground: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Roof:Shingle: Yes
  • Flooring Carpet: Yes
  • Levels Two: Yes
  • General Property Information Carport YN2: No
  • Room Types Laundry: Yes
  • General Property Information Stories Total: 2
  • Special Listing Conditions Real Estate Owned: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Interior Amenities: Breakfast Bar, Open Floorplan, Primary Bathroom - Tub with Shower
  • Flooring: Carpet
  • Appliances: Other
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Other
  • Stories: 2
  • ResoLivingAreaSource: Other
  • Interior Features:Open Floorplan: Yes
  • Pool Features:Community: Yes
  • Interior Features:Breakfast Bar: Yes

Exterior Features

  • Pool Features: Community, In Ground
  • Roof: Shingle
  • Waterfront: No
  • Construction Type: Frame, Vinyl Siding, Wood Siding
  • Direction Faces: South
  • 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
  • Construction Materials:Frame: Yes
  • Construction Materials:Wood Siding: Yes
  • Lot Features:Wooded: Yes
  • Construction Materials:Vinyl Siding: Yes

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 224.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 224.0
  • General Property Information:Association Fee Frequency: Monthly
  • Association Amenities:Clubhouse: Yes
  • Association Amenities:Fitness Center: Yes
  • Association Fee Includes:Trash: Yes
  • Association Amenities:Car Wash Area: Yes
  • Association Amenities:Park: Yes

Schools

  • Middle Or Junior School: Jefferson

Lot Info

  • Additional Parcels Description: 2461322
  • Parcel #: 2436350000507D000000

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 703.41

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
Current Estimated Value
$163,948

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
11.17%

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

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 Type Sale Price Title Company
Warranty Deed $82,000 On Point Title Services Llc
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- Attorney
Special Warranty Deed $45,700 Fidelity National Title Of F
Trustee Deed -- Attorney
Special Warranty Deed $209,900 Celebration Title Svcs Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $65,600 Seller Take Back
Previous Owner $199,400 Purchase Money Mortgage
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
2024 $1,966 $145,020 -- --
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: 670634

Space Coast MLS (Space Coast Association of REALTORS®)

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