NOT LISTED FOR SALE

3221 Merrimac Ln Indialantic, FL 32903

Estimated Value: $437,000 - $528,223

4 Beds
2.5 Baths
2,043 Sq Ft
$232/Sq Ft Est. Value

Last Sold April 17, 2012

Last sale price $202,500 $99 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $3,012/month

Highlights

  • Gated with Attendant
  • Open Floorplan
  • Main Floor Primary Bedroom
  • Indialantic Elementary School Rated A-
  • Vaulted Ceiling
  • Loft

About This Home

As of November 2020

Walk to the Beach! You'll love this beautiful 2 story, 4 bedroom / 2.5 Bath PLUS Loft Area and Full 2 car garage. This Townhouse has high ceilings and beautiful upgrades throughout. kitchen with island, tile living areas with carpet in bedrooms, central vac, screened back porch, and great community amenities! Come see today!

Last Agent to Rent the Property

Dawn Harper

RE/MAX Aerospace Realty License #3289827 Listed on: 10/23/2020

RE/MAX Aerospace Realty

Last Renter's Agent

Dawn Harper

RE/MAX Aerospace Realty License #3289827 Listed on: 10/23/2020

RE/MAX Aerospace Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,236

Year Built

  • Built in 2003

Lot Details

  • 1,742 Sq Ft Lot
  • West Facing Home

Parking

  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 2,043 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Central Vacuum
  • Vaulted Ceiling
  • Ceiling Fan
  • Loft
  • Screened Porch

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Schools

  • Indialantic Elementary School
  • Hoover Middle School
  • Melbourne High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Property Available on 11/4/20
  • Court or third-party approval is required for the sale
  • The owner pays for grounds care
  • Short Term Lease
  • Assessor Parcel Number 27-37-13-54-00000.0-0069.00

Community Details

Overview

  • Property has a Home Owners Association
  • Ocean Side Village Phase 2C Subdivision

Recreation

  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed
  • 1 Pet Allowed

Security

  • Gated with Attendant

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,236

Year Built

Built in 2003

Lot Details

0

Parking

2

Rental Info

  • Furnished: Unfurnished
  • Owner Pays: Grounds Care
  • Available Date: 2020-11-04

Listing Details

  • Property Type: Residential Lease
  • Year Built: 2003
  • Reso Property Sub Type: Duplex
  • ResoSecurityFeatures: Gated with Guard
  • ResoSpecialListingConditions: Third Party Approval
  • Subdivision Name: Ocean Side Village Phase 2C
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Location Tax and Legal Parcel Number2: 27-37-13-54-00000.0-0069.00
  • Location Tax and Legal Elementary School: Indialantic
  • Location Tax and Legal Middle School2: Hoover
  • Location Tax and Legal High School: Melbourne
  • General Property Information Living Area2: 2043.0
  • General Property Information Lot Size Acres: 0.04
  • General Property Information Lot Size Square Feet2: 1742.4
  • General Property Information Waterfront YN: No
  • General Property Information Direction Faces: West
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Sewer:Public Sewer: Yes
  • Levels Two: Yes
  • Water Source Public: Yes
  • Pets Allowed Total Number Of Pets: 1
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • Pets Allowed Call: Yes
  • Utilities Sewer Available: Yes
  • Security Features Gated with Guard: Yes
  • Room Types Loft: Yes
  • Pets Allowed No: Yes
  • Utilities Electricity Available: Yes
  • Additional Lease Terms Short Term Lease: Yes
  • Special Listing Conditions Third Party Approval: Yes
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Ceiling Fan(s), Central Vacuum, Eat-in Kitchen, Kitchen Island, Open Floorplan, Primary Downstairs, Vaulted Ceiling(s)
  • Appliances: Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • ResoLivingAreaSource: PublicRecords
  • General Property Information Bathrooms Half: 1
  • Appliances:Electric Water Heater: Yes
  • Interior Features:Primary Downstairs: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:Central Vacuum: Yes

Exterior Features

  • Pool Features: Other
  • Acres: 0.04
  • Waterfront: No
  • Direction Faces: West
  • Patio And Porch Features: Screened
  • Patio And Porch Features:Screened: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Garage
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: One Time
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee Frequency: One Time
  • Association Amenities:Pool3: Yes

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Lot Size Sq Ft: 1742.4
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2743214
  • Parcel #: 27-37-13-54-00000.0-0069.00
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Indialantic
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2012
Closed on
Apr 19, 2012
Sold by
Phipps Dennis J and Phipps Irene
Bought by
Stevens Milton W and Stevens Cynthia Ann
Seller's Agent
Silvia Mozer
RE/MAX Elite
List Price
$207,000
Sold Price
$202,500
Premium/Discount to List
-$4,500
-2.17%
Current Estimated Value
$473,556

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$271,056
Avg. Annual Appreciation
6.55%
Original Mortgage
$162,000
Outstanding Balance
$23,092
Interest Rate
3.96%
Estimated Equity
$450,464

Purchase Details

Closed on
Nov 14, 2003
Sold by
Mercedes Homes Inc
Bought by
Phipps Dennis J and Phipps Irene
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
Stevens Milton W $202,500 Attorney
Phipps Dennis J $185,700 B-D-R Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stevens Milton W $162,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2024 11/18/24 Off Market $2,000 -- --
11/06/2020 11/06/20 Rented $2,200 0.0% --
10/23/2020 10/23/20 For Rent $2,200 +10.0% --
11/04/2018 11/04/18 Rented $2,000 0.0% --
10/22/2018 10/22/18 Under Contract -- -- --
10/07/2018 10/07/18 Price Changed $2,000 -9.1% $1 / Sq Ft
10/02/2018 10/02/18 For Rent $2,200 +10.0% --
03/08/2018 03/08/18 Rented $2,000 -9.1% --
12/23/2017 12/23/17 For Rent $2,200 0.0% --
04/17/2012 04/17/12 Sold $202,500 -2.2% $99 / Sq Ft
02/29/2012 02/29/12 Pending -- -- --
01/16/2012 01/16/12 For Sale $207,000 -- $101 / 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 $5,236 $345,830 -- --
2023 $5,236 $335,760 $0 $0
2022 $4,943 $325,990 $0 $0
2021 $4,793 $261,650 $65,000 $196,650
2020 $4,742 $257,360 $65,000 $192,360
2019 $4,911 $256,770 $65,000 $191,770
2018 $5,041 $258,210 $65,000 $193,210
2017 $2,435 $160,960 $0 $0
2016 $2,500 $157,650 $45,000 $112,650
2015 $2,549 $156,560 $45,000 $111,560
2014 $2,511 $155,320 $40,000 $115,320
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 888471

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-37-13-54-00000.0-0069.00