$268,500
SOLD JUL 11, 2016

3231 Merrimac Ln Indialantic, FL 32903

3 Beds
2.5 Baths
2,044 Sq Ft
$240/mo HOA Fee

Recently Sold

$131 Per Sq Ft

4% Below List Price

20 Days on Market

Highlights

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

About This Home

As of July 2016

Bright and spacious home in the gated beachside community of Oceanside Village. This home features tile floors, tile kitchen back splash, newer AC Condensers (2015), and ground floor master. Large third bedroom is 21ft by 10ft and could be easily converted into two separate rooms to give you that 4th bedroom. Master Bath features double sinks, garden tub and separate shower. Second floor features a large loft that would be perfect for an office. Resort lifestyle with a large community pool, clubhouse, tennis courts, and playground. This home is in move-in condition.

Last Agent to Sell the Property

Jonathan Krauser

J. Edwards Real Estate License #3127056 Listed on: 05/13/2016

Last Buyer's Agent

Jonathan Williams

Florida Lifestyle Realty LLC License #3061722

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,105

Year Built

  • Built in 2003

Lot Details

  • 1,742 Sq Ft Lot
  • Cul-De-Sac
  • Street terminates at a dead end
  • West Facing Home

HOA Fees

  • $240 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

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

Interior Spaces

  • 2,044 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Loft
  • Screened Porch
  • Security System Owned

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Separate Shower in Primary Bathroom

Outdoor Features

  • Patio

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 27-37-13-54-00000.0-0068.00

Community Details

Overview

  • Association fees include insurance
  • Ocean Side Village Phase 2C Subdivision
  • Maintained Community

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,105

Year Built

Built in 2003

Lot Details

0

HOA Fees

$240 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2003
  • Reso Property Sub Type: Townhouse
  • ResoLotFeatures: Cul-De-Sac, Dead End Street
  • Road Surface Type: Asphalt
  • ResoSecurityFeatures: Security System Owned
  • Reso Association Amenities: Basketball Court, Clubhouse, Maintenance Grounds, Maintenance Structure, Management - Full Time, Playground, Tennis Court(s)
  • Reso Association Fee Includes: Insurance
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Ocean Side Village Phase 2C
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 27-37-13-54-00000.0-0068.00
  • Location Tax and Legal Elementary School: Indialantic
  • Location Tax and Legal Middle School2: Hoover
  • Location Tax and Legal High School: Melbourne
  • Location Tax and Legal Tax Annual Amount: 4104.81
  • Location Tax and Legal Tax Year2: 2015
  • General Property Information Living Area2: 2044.0
  • General Property Information Building Area Total3: 2615.0
  • General Property Information Lot Size Acres: 0.04
  • General Property Information Lot Size Square Feet2: 1742.0
  • General Property Information New Construction YN: No
  • General Property Information Waterfront YN: No
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: West
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Lot Features Dead End Street: Yes
  • Road Surface Type Asphalt: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Flooring Carpet: Yes
  • Levels Two: Yes
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • Security Features Security System Owned: Yes
  • General Property Information Lot Size Dimensions: 30.0 ft x 60.0 ft
  • Room Types Loft: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen, Open Floorplan, Primary Bathroom - Tub with Shower, Primary Bathroom -Tub with Separate Shower, Primary Downstairs, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
  • Flooring: Carpet, Tile
  • Appliances: Dishwasher, Disposal, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Total Bedrooms: 8
  • General Property Information Bathrooms Half: 1
  • Appliances Dishwasher: Yes
  • 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
  • Pool Features:Community: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:Walk-In Closet(s): Yes

Exterior Features

  • Pool Features: Community
  • Roof: Shingle, Other
  • Acres: 0.04
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: West
  • 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
  • Lot Features:Cul-De-Sac: 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, Electric
  • Utilities: Cable Available, Electricity Connected, 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: 720.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 720.0
  • General Property Information:Association Fee Frequency: Quarterly
  • Association Fee Includes:Insurance: Yes
  • Association Amenities:Clubhouse: Yes
  • Association Amenities:Basketball Court: Yes
  • Association Amenities:Tennis Court(s)2: Yes
  • Association Amenities:Playground: Yes

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Lot Dimensions: 30.0 ft x 60.0 ft
  • Lot Size Sq Ft: 1742.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2743213
  • Parcel #: 27-37-13-54-00000.0-0068.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 4104.81

MLS Schools

  • Elementary School: Indialantic
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2016
Closed on
Jul 11, 2016
Sold by
Jain Kungun M and Mathur Kungun
Bought by
Endara Jose R
Seller's Agent
Jonathan Krauser
J. Edwards Real Estate
Buyer's Agent
Jonathan Williams
Florida Lifestyle Realty LLC
List Price
$279,900
Sold Price
$268,500
Premium/Discount to List
-$11,400
-4.07%
Current Estimated Value
$467,633

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,133
Avg. Annual Appreciation
6.44%

Purchase Details

Closed on
Nov 12, 2003
Sold by
Mercedes Homes Inc
Bought by
Mathur Kungun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,990
Interest Rate
5.75%
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 Type Sale Price Title Company
Warranty Deed $268,500 Supreme Title Closing Llc
Warranty Deed $221,000 State Title Associates Lllp
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $150,000 New Conventional
Previous Owner $170,990 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2016 07/11/16 Sold $268,500 -4.1% $131 / Sq Ft
05/26/2016 05/26/16 Pending -- -- --
05/13/2016 05/13/16 For Sale $279,900 0.0% $137 / Sq Ft
05/12/2016 05/12/16 Pending -- -- --
05/05/2016 05/05/16 For Sale $279,900 0.0% $137 / Sq Ft
12/31/2014 12/31/14 Rented $1,595 0.0% --
12/21/2014 12/21/14 Under Contract -- -- --
12/18/2014 12/18/14 For Rent $1,595 +11.9% --
12/13/2013 12/13/13 Rented $1,425 +2.2% --
12/02/2013 12/02/13 Under Contract -- -- --
11/27/2013 11/27/13 For Rent $1,395 0.0% --
11/28/2012 11/28/12 Rented $1,395 -2.1% --
11/28/2012 11/28/12 Under Contract -- -- --
10/04/2012 10/04/12 For Rent $1,425 -- --
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 $5,829 $373,380 $0 $0
2022 $5,013 $314,470 $0 $0
2021 $4,593 $250,580 $65,000 $185,580
2020 $4,546 $246,550 $65,000 $181,550
2019 $4,708 $245,990 $65,000 $180,990
2018 $4,817 $246,560 $65,000 $181,560
2017 $4,686 $233,210 $60,000 $173,210
2016 $4,274 $200,900 $45,000 $155,900
2015 $4,105 $184,820 $45,000 $139,820
2014 $3,707 $168,020 $40,000 $128,020
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

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

MLS Number: 753755

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-37-13-54-00000.0-0068.00