NOT LISTED FOR SALE

240 Montego Bay Ct Merritt Island, FL 32953

Estimated Value: $392,000 - $515,000

3 Beds
2 Baths
1,223 Sq Ft
$359/Sq Ft Est. Value

Last Sold June 30, 2014

Last sale price $204,000 $167 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $2,770/month

137 Days on Market

Highlights

  • Home fronts navigable water
  • Canal View
  • Screened Porch
  • Home fronts a creek
  • No HOA
  • 2 Car Attached Garage

About This Home

As of June 2014

Here is a nice home on Central Merritt Island in Catalina Isles. The property has been almost completely updated and not 1967 anymore. The home features a remodeled and open kitchen, remodeled baths, New Sod, Rebuilt Sprinkler System, New Fence w/Gate also with being right on the water this is a great chance to start relaxing sooner than later.

Last Agent to Sell the Property

Ralph Perrone

Perrone Realty, LLC License #3045618 Listed on: 01/04/2014

Last Buyer's Agent

Lynnette Hendricks

Florida East Coast Real Estate License #651304

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,663

Year Built

  • Built in 1964

Lot Details

  • 8,712 Sq Ft Lot
  • Home fronts a creek
  • Home fronts navigable water
  • Home fronts a canal
  • Street terminates at a dead end
  • South Facing Home
  • Chain Link Fence

Parking

  • 2 Car Attached Garage

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 1,223 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Screened Porch
  • Canal Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Patio

Schools

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

Utilities

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

Community Details

  • No Home Owners Association
  • Catalina Isle Estates Unit 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 24-36-26-03-00007.0-0013.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,663

Year Built

Built in 1964

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1964
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • ResoLotFeatures: Dead End Street
  • Road Surface Type: Concrete
  • Reso View: Canal, Water
  • Water Body Name: Sykes Creek
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Catalina Isle Estates Unit 2
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 24-36-26-03-00007.0-0013.00
  • Location Tax and Legal Elementary School: Audubon
  • Location Tax and Legal Middle School2: Jefferson
  • Location Tax and Legal High School: Merritt Island
  • Location Tax and Legal Tax Annual Amount: 2662.61
  • Location Tax and Legal Tax Year2: 2013
  • General Property Information Living Area2: 1223.0
  • General Property Information Building Area Total3: 1800.0
  • General Property Information Lot Size Acres: 0.2
  • General Property Information Lot Size Square Feet2: 8712.0
  • 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
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Fencing Fenced2: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Levels One: Yes
  • Lot Features Dead End Street: Yes
  • Roof:Shingle: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Flooring Carpet: Yes
  • Fencing Chain Link: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • View Water3: Yes
  • Room Types Laundry: Yes
  • Utilities Sewer Available: Yes
  • General Property Information Lot Size Dimensions: 80.0 ft x 110.0 ft
  • ViewCanal: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Ceiling Fan(s), Primary Bathroom - Tub with Shower, Split Bedrooms
  • Flooring: Carpet, Tile
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Split Bedrooms: Yes

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Fencing: Chain Link, Fenced
  • Acres: 0.2
  • Waterfront Features: Canal Front, Creek, Navigable Water
  • Waterfront: Yes
  • Construction Type: Block, Concrete
  • Direction Faces: South
  • Patio And Porch Features: Patio, Porch, Screened
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Waterfront Features:Canal Front: Yes
  • Waterfront Features:Creek: Yes
  • Waterfront Features:Navigable Water: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Attached: Yes

Utilities

  • Cooling: Central Air
  • Utilities: Cable Available, Electricity Connected, Sewer Available, Water Available
  • Heating: Central
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: Jefferson

Lot Info

  • Lot Dimensions: 80.0 ft x 110.0 ft
  • Lot Size Sq Ft: 8712.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2419707
  • Parcel #: 24-36-26-03-00007.0-0013.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 2662.61

MLS Schools

  • Elementary School: Audubon
  • High School: Merritt Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2014
Closed on
Jun 30, 2014
Sold by
Gleason Christopher
Bought by
Smyser James Wesley
Seller's Agent
Ralph Perrone
Perrone Realty, LLC
Buyer's Agent
Lynnette Hendricks
Florida East Coast Real Estate
List Price
$224,900
Sold Price
$204,000
Premium/Discount to List
-$20,900
-9.29%
Current Estimated Value
$439,330

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$235,330
Avg. Annual Appreciation
7.10%
Original Mortgage
$199,938
Interest Rate
4.19%

Purchase Details

Closed on
Oct 23, 2013
Sold by
Yee Gleason Christopher and Yee Chee Heng
Bought by
Gleason Christopher

Purchase Details

Closed on
Feb 8, 2010
Sold by
Trste Llc
Bought by
Chee Heng Yee

Purchase Details

Closed on
Sep 15, 2009
Sold by
Abt Henry Edward and Wells Fargo Bank Na
Bought by
240 Montego Bay Land Trust and Trste Llc

Purchase Details

Closed on
Sep 15, 2005
Sold by
Gompf Raymond H and Gompf Theresa G
Bought by
Abt Henry Edward and Abt Janet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 15, 2003
Sold by
Gompf Raymond H and Gompf Theresa G
Bought by
Gompf Raymond H and Gompf Theresa G
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
Smyser James Wesley $204,000 Attorney
Gleason Christopher -- Attorney
Chee Heng Yee $168,000 Dba Pcs Title
240 Montego Bay Land Trust $105,200 None Available
Abt Henry Edward $275,000 Gulfatlantic Title
Gompf Raymond H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smyser James Wesley $252,000
Closed Smyser James Wesley $199,938
Previous Owner Abt Ii Henry Edward $30,000
Previous Owner Abt Ii Henry E $260,850
Previous Owner Abt Henry Edward $247,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2014 06/30/14 Sold $204,000 -9.3% $167 / Sq Ft
05/21/2014 05/21/14 Pending -- -- --
01/04/2014 01/04/14 For Sale $224,900 -- $184 / 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 $4,577 $215,170 -- --
2023 $4,577 $208,910 $0 $0
2022 $2,476 $202,830 $0 $0
2021 $2,577 $196,930 $0 $0
2020 $2,545 $194,220 $0 $0
2019 $2,494 $189,860 $0 $0
2018 $2,500 $186,320 $0 $0
2017 $2,525 $182,490 $0 $0
2016 $2,564 $178,740 $98,000 $80,740
2015 $2,634 $177,500 $95,000 $82,500
2014 $2,868 $150,200 $78,000 $72,200
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 685892

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 24-36-26-03-00007.0-0013.00