NOT LISTED FOR SALE

2942 Glenridge Cir Merritt Island, FL 32953

Estimated Value: $504,000 - $648,000

4 Beds
2.5 Baths
2,806 Sq Ft
$203/Sq Ft Est. Value

Last Sold May 29, 2014

Last sale price $260,000 $93 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $3,403/month

44 Days on Market

Highlights

  • Lake Front
  • Newly Remodeled
  • Screened Porch
  • Lewis Carroll Elementary School Rated A-
  • Home fronts a pond
  • 2 Car Attached Garage

About This Home

As of May 2014

4 bedroom 2.5 bath home in the desirable Palmetto Subdivision. 2,806 sq ft of living space. Screened in balcony off of master bedroom. This is a Fannie Mae HomePath property. This property is approved for HomePath Mortgage Financing and HomePath Renovation Mortgage Financing. Purchase this property for as little as 5% down!

Last Agent to Sell the Property

Garrett Bell

Coldwell Banker Realty Listed on: 03/04/2014

Co-Listed By

Alex Callough

Coldwell Banker Realty

Last Buyer's Agent

Jack Lyerly

Daignault Realty Inc License #634302

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,184

Year Built

  • Built in 2006 | Newly Remodeled

Lot Details

  • 6,098 Sq Ft Lot
  • Home fronts a pond
  • Lake Front
  • West Facing Home

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Shingle Roof
  • Concrete Siding
  • Stucco

Interior Spaces

  • 2,806 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Screened Porch
  • Water Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Schools

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

Utilities

  • Cooling Available

Community Details

  • Palmetto Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 24-36-14-26-0000b.0-0045.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,184

Year Built

Built in 2006 | Newly Remodeled

Lot Details

0

HOA Fees

$33 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2006
  • Reso Property Sub Type: Single Family Residence
  • Reso View: Water
  • ResoSecurityFeatures: Other
  • Co List Office Mls Id: cwbk5
  • Co List Office Phone: 321-259-5280
  • ResoSpecialListingConditions: Real Estate Owned
  • Subdivision Name: Palmetto
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: Yes
  • Location Tax and Legal Parcel Number2: 24-36-14-26-0000b.0-0045.00
  • Location Tax and Legal Elementary School: Carroll
  • Location Tax and Legal Middle School2: Jefferson
  • Location Tax and Legal High School: Merritt Island
  • Location Tax and Legal Tax Annual Amount: 2183.88
  • Location Tax and Legal Tax Year2: 2013
  • General Property Information Living Area2: 2806.0
  • General Property Information Lot Size Acres: 0.14
  • General Property Information Lot Size Square Feet2: 6098.0
  • General Property Information New Construction YN: Yes
  • General Property Information Waterfront YN: Yes
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: West
  • Roof:Shingle: Yes
  • Levels Two: Yes
  • General Property Information Carport YN2: No
  • View Water3: Yes
  • General Property Information Lot Size Dimensions: 50.0 ft x 120.0 ft
  • Special Listing Conditions Real Estate Owned: Yes
  • Special Features: 1026
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Bar, Built-in Features, Eat-in Kitchen, Walk-In Closet(s), Other
  • Flooring: Other
  • Appliances: None
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • ResoLivingAreaSource: PublicRecords
  • General Property Information Bathrooms Half: 1
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Built-in Features: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:None: Yes

Exterior Features

  • Pool Features: None, Other
  • Roof: Shingle
  • Acres: 0.14
  • Waterfront Features: Lake Front, Pond
  • Waterfront: Yes
  • Construction Type: Concrete, Stucco
  • Direction Faces: West
  • Patio And Porch Features: Porch, Screened
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Waterfront Features:Lake Front: Yes
  • Waterfront Features:Pond2: 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: Other
  • Utilities: Other
  • Cooling Other: Yes
  • Cooling Y N: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 400.0
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 400.0
  • General Property Information:Association Fee Frequency: Annually

Schools

  • Middle Or Junior School: Jefferson

Lot Info

  • Lot Dimensions: 50.0 ft x 120.0 ft
  • Lot Size Sq Ft: 6098.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2457649
  • Parcel #: 24-36-14-26-0000b.0-0045.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 2183.88

MLS Schools

  • Elementary School: Carroll
  • High School: Merritt Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2014
Closed on
May 29, 2014
Sold by
Fannie Mae
Bought by
Mcduffie Jeff A and Mcduffie Tonya
Seller's Agent
Garrett Bell
Coldwell Banker Realty
Buyer's Agent
Jack Lyerly
Daignault Realty Inc
List Price
$275,500
Sold Price
$260,000
Premium/Discount to List
-$15,500
-5.63%
Current Estimated Value
$570,293

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$310,293
Avg. Annual Appreciation
7.15%
Original Mortgage
$208,000
Outstanding Balance
$159,156
Interest Rate
4.36%
Estimated Equity
$411,137

Purchase Details

Closed on
Oct 7, 2013
Sold by
Kucuk Muzaffer and Nationstar Mortgage Llc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 28, 2006
Sold by
Mercedes Homes Inc
Bought by
Kucuk Muzaffer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,200
Interest Rate
6.04%

Purchase Details

Closed on
Jan 31, 2006
Sold by
Island Community Developers Inc
Bought by
Mercedes Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,200
Interest Rate
6.04%
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
Mcduffie Jeff A $260,000 None Available
Federal National Mortgage Association -- Attorney
Kucuk Muzaffer $431,900 B D R Title
Mercedes Homes Inc $2,306,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcduffie Jeff A $208,000
Previous Owner Kucuk Muzaffer $410,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/29/2014 05/29/14 Sold $260,000 -5.6% $93 / Sq Ft
04/16/2014 04/16/14 Pending -- -- --
03/03/2014 03/03/14 For Sale $275,500 -- $98 / 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
2025 $4,151 $328,650 -- --
2024 $4,111 $319,390 -- --
2023 $4,111 $310,090 $0 $0
2022 $3,847 $301,060 $0 $0
2021 $4,022 $292,300 $0 $0
2020 $3,951 $288,270 $0 $0
2019 $3,910 $281,790 $0 $0
2018 $3,923 $276,540 $0 $0
2017 $3,968 $270,860 $25,200 $245,660
2016 $4,537 $258,150 $23,100 $235,050
2015 $4,411 $239,200 $23,100 $216,100
2014 $3,713 $192,770 $23,100 $169,670
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 690783

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 24-36-14-26-0000B.0-0045.00