NOT LISTED FOR SALE

2555 Palm Lake Dr Merritt Island, FL 32952

Estimated Value: $341,000 - $462,000

3 Beds
2 Baths
1,754 Sq Ft
$229/Sq Ft Est. Value

About This Home

This home is located at 2555 Palm Lake Dr, Merritt Island, FL 32952 and is currently estimated at $402,536, approximately $229 per square foot. 2555 Palm Lake Dr is a home located in Brevard County with nearby schools including Audubon Elementary School, Thomas Jefferson Middle School, and Merritt Island High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 12, 2022
Sold by
Beatty Luther Revocable Trust
Bought by
Mahar Daniel V and Mahar Caroline M
Current Estimated Value
$402,536

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Outstanding Balance
$212,302
Interest Rate
5.1%
Mortgage Type
Balloon

Purchase Details

Closed on
Feb 9, 2022
Sold by
Karen E Hill Revocable Trust
Bought by
Beatty Luther Revocable Trust

Purchase Details

Closed on
Jun 9, 2020
Sold by
Hill Karen E
Bought by
Hill Karen E and Karen E Hill Revocable Trust

Purchase Details

Closed on
Feb 12, 2008
Sold by
Damico Ronald L and Damico Rose
Bought by
Hill Richard L and Hill Karen E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
6.06%

Purchase Details

Closed on
Feb 6, 2008
Sold by
Lorentz Janice
Bought by
Hill Richard L and Hill Karen E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
6.06%

Purchase Details

Closed on
Jul 18, 2006
Sold by
Damico Ronald L and The Belva G Garber Trust
Bought by
Damico Ronald L and Damico Rose

Purchase Details

Closed on
Feb 23, 2000
Sold by
Garber Belva G and Garber Frank K
Bought by
Garbor Belva G
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 Buyer Sale Price Title Company
Mahar Daniel V $275,000 Global Closing Solutions Llc
Hill Karen E -- Attorney
Hill Richard L $102,500 State Title Partners Llp
Hill Richard L $102,500 State Title Partners Llp
Damico Ronald L -- Attorney
Garbor Belva G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mahar Daniel V $220,000
Previous Owner Hill Karen E $146,000
Previous Owner Hill Karen E $154,000
Previous Owner Hill Richard L $164,000
Source: Public Records

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 $4,902 $352,070 $110,000 $242,070
2022 $3,890 $307,870 $0 $0
2021 $3,598 $233,410 $82,000 $151,410
2020 $3,510 $225,320 $75,000 $150,320
2019 $3,585 $227,730 $75,000 $152,730
2018 $1,478 $112,910 $0 $0
2017 $1,476 $110,590 $0 $0
2016 $1,487 $108,320 $55,000 $53,320
2015 $1,516 $107,570 $55,000 $52,570
2014 $1,521 $106,720 $40,000 $66,720
Source: Public Records

Map

Florida Brevard County Merritt Island 32952

2555 Palm Lake Dr, Merritt Island, FL

This home is located at 2555 Palm Lake Dr, Merritt Island, FL 32952 and is currently estimated at $402,536, approximately $229 per square foot. 2555 Palm Lake Dr is a home located in Brevard County with nearby schools including Audubon Elementary School, Thomas Jefferson Middle School, and Merritt Island High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes