NOT LISTED FOR SALE

265 Spring Dr Unit 2 Merritt Island, FL 32953

Estimated Value: $169,246 - $201,000

2 Beds
2 Baths
1,037 Sq Ft
$185/mo HOA Fee

Last Sold November 15, 2017

Last sale price $100,000 $96 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $1,378/month

1 Day on Market

Highlights

  • View of Trees or Woods
  • Screened Porch
  • Racquetball
  • Lewis Carroll Elementary School Rated A-
  • Community Pool
  • Patio

About This Home

As of November 2017

Great 2/2 GROUND FLOOR condo in the well managed & nicely maintained Summer Place Condominiums on Merritt Island! JUST RENOVATED! Enjoy your quiet, private backyard & screened porch, shaded by a large Oak. NO NEIGHBORS BEHIND THIS UNIT! Low maint. fees; include pool, playground, video surveillance at entrance, night time security & landscape maintenance. Close to 528, space center, shopping, beaches, & rivers. Merritt Island has some of the best schools in the state. This is the perfect island residence for the price! Or use as an investment, as recent rentals of $1100 in complex point to a phenomenal cap rate. MUST SEE!

Last Listed By

Joseph McGrath

Vincent Keenan, REALTORS License #3279165 Listed on: 11/03/2017

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $414

Year Built

  • Built in 1988

Lot Details

  • 3,485

HOA Fees

  • $185 Monthly HOA Fees

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Asphalt
  • Stucco

Interior Spaces

  • 1,037 Sq Ft Home
  • 2-Story Property
  • Dining Room
  • Screened Porch
  • Views of Woods

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Guest Parking
  • Assigned Parking

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Patio
  • East Facing Home

Listing and Financial Details

  • Assessor Parcel Number 24-36-14-00-00284.J-0000.00

Community Details

Overview

  • Association fees include security
  • Showcase Property Mgmt Association, Phone Number (321) 783-5000
  • Summer Place Condominium Subdivision
  • Maintained Community

Recreation

  • Racquetball
  • Community Playground
  • Community Pool

Pet Policy

  • Pet Size Limit
  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$414

Year Built

Built in 1988

Lot Details

0

HOA Fees

$185 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1988
  • Reso Property Sub Type: Condominium
  • Road Surface Type: Asphalt
  • Reso View: Trees/Woods
  • Reso Association Amenities: Maintenance Grounds, Management - Full Time, Management - Off Site, Playground, Racquetball, Other
  • Reso Association Fee Includes: Security
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Summer Place Condominium
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpet, Vinyl
  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Pool Features:Community: Yes

Exterior Features

  • Pool Features: Community
  • Roof: Shingle, Other
  • Acres: 0.08
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: East
  • Patio And Porch Features: Patio, Porch, Screened
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Assigned, Guest, Other
  • General Property Information:Garage YN: No
  • Parking Features:Guest: Yes
  • Parking Features:Assigned: Yes
  • Parking Features:Other26: Yes

Utilities

  • Cooling: Central Air
  • Utilities: Electricity Connected, Sewer 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: 185.0
  • Association Fee Frequency: Monthly
  • Association Name: Showcase Property Mgmt
  • Phone: 321-783-5000
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: Showcase Property Mgmt
  • General Property Information:Association Fee: 185.0
  • General Property Information:Association Fee Frequency: Monthly
  • Association Fee Includes:Security: Yes
  • Association Amenities:Playground: Yes

Schools

  • Middle Or Junior School: Jefferson

Lot Info

  • Lot Size Sq Ft: 3485.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2458728
  • Parcel #: 24-36-14-00-00284.J-0000.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 414.0

MLS Schools

  • Elementary School: Carroll
  • High School: Merritt Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 22, 2010
Sold by
Hsbc Bank Usa National Association
Bought by
Powers Mary C and Hughes James Horace
Total Days on Market
1
Current Estimated Value
$184,562

Purchase Details

Closed on
Jun 2, 2010
Sold by
Vavala Paul L and Vavala Deborah Minicus
Bought by
Hsbc Bank Usa National Association

Purchase Details

Closed on
Aug 16, 2005
Sold by
Sp Con Ltd
Bought by
Vavala Paul L and Minicus Vavala Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,500
Interest Rate
5.61%
Mortgage Type
Fannie Mae Freddie Mac

Range of Values:

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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
Powers Mary C $35,500 Rels Title
Hsbc Bank Usa National Association -- Attorney
Vavala Paul L $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vavala Paul L $139,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2017 11/15/17 Sold $100,000 +5.4% $96 / Sq Ft
11/05/2017 11/05/17 Pending -- -- --
11/03/2017 11/03/17 For Sale $94,900 -- $92 / 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 $2,028 $150,990 $0 $0
2022 $1,786 $135,870 $0 $0
2021 $1,692 $109,970 $0 $109,970
2020 $1,543 $95,960 $0 $95,960
2019 $1,462 $93,170 $0 $93,170
2018 $1,303 $72,250 $0 $72,250
2017 $1,131 $64,990 $0 $64,990
2016 $1,057 $54,810 $0 $0
2015 $1,004 $43,530 $0 $0
2014 $928 $39,580 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Joseph McGrath

    Seller's Agent in 2017

    Joseph McGrath

    Vincent Keenan, REALTORS

    Section Image

  • C

    Buyer's Agent in 2017

    Christine Lawhon

    Rozzelle Realty Group

See All Agents

Map

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

MLS Number: 797356

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 24-36-14-00-00284.J-0000.00

Florida Brevard County Merritt Island 32953

265 Spring Dr Unit 2, Merritt Island, FL

Homes for Sale in Merritt Island, FL

This home is located at 265 Spring Dr Unit 2, Merritt Island, FL 32953 since 03 November 2017 and is currently estimated at $184,562, approximately $177 per square foot. This property was built in 1988. 265 Spring Dr Unit 2 is a home located in Brevard County with nearby schools including Lewis Carroll 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.

Space Coast MLS (Space Coast Association of REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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