NOT LISTED FOR SALE

225 S Tropical Trail Unit 808 Merritt Island, FL 32952

Estimated Value: $171,000 - $208,000

2 Beds
2 Baths
1,155 Sq Ft
3,049 Sq Ft Lot

Last Sold March 17, 2022

Last sale price $169,000 $146 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $1,292/month

Highlights

  • In Ground Pool
  • Spa Bath
  • Central Heating
  • River Front
  • Views
  • West Facing Home

About This Home

As of June 2022

RIVER FRONT COMPLEX! 15 MINUTES FROM THE BEACH! This gated community offers spectacular views of the water that can be enjoyed in the community jacuzzi as well as the resort styled pool. Lush and tropical landscaping throughout the community makes you feel like you are on an extended vacation. This spacious two bedroom and two bathroom condo is positioned in this community with a lot of privacy. The community also boasts tons of amenities including a gym, tennis court and a car wash station. Schedule your tour for this tropical paradise today!

Last Agent to Rent the Property

Sarah Rekab

BHHS Florida Realty Listed on: 05/10/2022

Last Renter's Agent

Remy Pagonico

EXP Realty LLC

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,417

Year Built

  • Built in 1986

Lot Details

  • River Front
  • West Facing Home

Parking

  • Assigned Parking

Interior Spaces

  • 1,155 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Property Views

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Spa Bath

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool

Schools

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

Utilities

  • Central Heating
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Property Available on 5/11/22
  • The owner pays for grounds care, pool maintenance
  • Assessor Parcel Number 24-36-35-00-00509.F-0000.00

Community Details

Overview

  • Property has a Home Owners Association
  • Sunset Bay, A Condominium Association
  • Sunset Bay A Condominium Subdivision

Recreation

  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$2,417

Year Built

Built in 1986

Lot Details

0

Rental Info

  • Furnished: Unfurnished
  • Owner Pays: Grounds Care, Pool Maintenance
  • Available Date: 2022-05-11

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1986
  • Reso Property Sub Type: Condominium
  • Reso View: Other
  • Water Body Name: Banana River
  • Subdivision Name: Sunset Bay A Condominium
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Location Tax and Legal Parcel Number2: 24-36-35-00-00509.F-0000.00
  • Location Tax and Legal Elementary School: Tropical
  • Location Tax and Legal Middle School2: Jefferson
  • Location Tax and Legal High School: Merritt Island
  • General Property Information Living Area2: 1155.0
  • General Property Information Lot Size Acres: 0.07
  • General Property Information Lot Size Square Feet2: 3049.2
  • General Property Information Waterfront YN: Yes
  • General Property Information Direction Faces: West
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Pool Features In Ground: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Levels Two: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • Pets Allowed Call: Yes
  • Utilities Sewer Available: Yes
  • Utilities Electricity Available: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Spa Features: Bath
  • Appliances: Dishwasher, Dryer, Electric Range, Electric Water Heater, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Spa Features:Bath: Yes
  • Fireplace Features:Wood Burning: Yes

Exterior Features

  • Pool Features: In Ground
  • Acres: 0.07
  • Waterfront: Yes
  • Direction Faces: West
  • Waterfront Features:River Front: Yes

Garage/Parking

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

Utilities

  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Heating: Central
  • HeatingYN: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association Name: SUNSET BAY, A CONDOMINIUM
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: SUNSET BAY, A CONDOMINIUM
  • General Property Information:Association Fee Frequency: Monthly
  • Association Amenities:Pool3: Yes

Schools

  • Middle Or Junior School: Jefferson

Lot Info

  • Lot Size Sq Ft: 3049.2
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2461378
  • Parcel #: 24-36-35-00-00509.F-0000.00
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Tropical
  • High School: Merritt Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2022
Closed on
Mar 17, 2022
Sold by
Catherine Henderson
Bought by
Medrano-Diaz Ray and Schaeffer Jacqueline
Seller's Agent
Thomas Taranto
Keller Williams Realty Brevard
Buyer's Agent
Sarah Rekab
BHHS Florida Realty
List Price
$179,000
Sold Price
$169,000
Premium/Discount to List
-$10,000
-5.59%
Current Estimated Value
$197,555

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,555
Avg. Annual Appreciation
4.97%
Original Mortgage
$126,750
Outstanding Balance
$121,149
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$78,074

Purchase Details

Listed on
Dec 14, 2020
Closed on
Dec 16, 2020
Sold by
Strombotne Mark
Bought by
Henderson Catherine
Seller's Agent
Thomas Taranto
Keller Williams Realty Brevard
Buyer's Agent
Thomas Taranto
Keller Williams Realty Brevard
List Price
$110,000
Sold Price
$110,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
40.99%

Purchase Details

Listed on
Nov 4, 2015
Closed on
Feb 19, 2016
Sold by
Davis Eugene A
Bought by
Strombotne Mark
Seller's Agent
Aida Teague
Southern Tropics R.E. LLC
Buyer's Agent
Terri Bowyer
Southern Tropics R.E. LLC
List Price
$84,900
Sold Price
$84,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.51%
Original Mortgage
$80,650
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 15, 2012
Closed on
Dec 31, 2012
Sold by
Federal National Mortgage Association
Bought by
Davis Eugene A
Seller's Agent
Mitch Ribak
Tropical Realty Beachside
Buyer's Agent
John and Deana Taylor
Tropical Realty of Suntree
List Price
$55,900
Sold Price
$44,000
Premium/Discount to List
-$11,900
-21.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.28%

Purchase Details

Closed on
Oct 30, 2012
Sold by
Flagstar Bank Fsb
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 12, 2012
Sold by
Casey Josephine
Bought by
Flagstar Bank Fsb

Purchase Details

Closed on
Apr 15, 2008
Sold by
Sunset Bay Cocoa Llc
Bought by
Casey Josephine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,920
Interest Rate
6.08%
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 Buyer Sale Price Title Company
Medrano-Diaz Ray $169,000 Foundation Title & Settlement
Henderson Catherine $110,000 Foundation Ttl & Setmnt Svcs
Strombotne Mark $84,900 Island Title & Escrow Agency
Davis Eugene A $44,000 Oak Ridge Title Inc
Federal National Mortgage Association -- Oak Ridge Title Inc
Flagstar Bank Fsb -- None Available
Casey Josephine $289,900 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Medrano-Diaz Ray $126,750
Previous Owner Strombotne Mark $80,650
Previous Owner Casey Josephine $231,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2022 06/11/22 Rented $1,800 -2.7% --
05/25/2022 05/25/22 Under Contract -- -- --
05/10/2022 05/10/22 For Rent $1,850 0.0% --
03/17/2022 03/17/22 Sold $169,000 -5.6% $146 / Sq Ft
01/24/2022 01/24/22 Pending -- -- --
01/24/2022 01/24/22 For Sale $179,000 0.0% $155 / Sq Ft
01/15/2022 01/15/22 Pending -- -- --
12/17/2021 12/17/21 For Sale $179,000 0.0% $155 / Sq Ft
12/15/2021 12/15/21 Pending -- -- --
11/30/2021 11/30/21 For Sale $179,000 +62.7% $155 / Sq Ft
12/17/2020 12/17/20 Sold $110,000 0.0% $95 / Sq Ft
12/15/2020 12/15/20 Pending -- -- --
12/14/2020 12/14/20 For Sale $110,000 +29.6% $95 / Sq Ft
02/19/2016 02/19/16 Sold $84,900 0.0% $74 / Sq Ft
12/21/2015 12/21/15 Pending -- -- --
11/04/2015 11/04/15 For Sale $84,900 0.0% $74 / Sq Ft
07/01/2014 07/01/14 Rented $925 0.0% --
06/12/2014 06/12/14 Under Contract -- -- --
05/22/2014 05/22/14 For Rent $925 0.0% --
12/31/2012 12/31/12 Sold $44,000 -21.3% $38 / Sq Ft
12/10/2012 12/10/12 Pending -- -- --
10/15/2012 10/15/12 For Sale $55,900 -- $48 / 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 $2,417 $161,880 $0 $161,880
2022 $1,977 $147,600 $0 $0
2021 $1,803 $107,070 $0 $107,070
2020 $1,647 $97,710 $0 $97,710
2019 $1,562 $94,870 $0 $94,870
2018 $1,503 $90,520 $0 $90,520
2017 $1,361 $71,410 $0 $71,410
2016 $1,179 $60,320 $0 $0
2015 $1,238 $48,860 $0 $0
2014 $1,034 $44,420 $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: 934496

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 24-36-35-00-00509.F-0000.00