NOT LISTED FOR SALE

3875 Old Settlement Rd Merritt Island, FL 32952

Estimated Value: $584,000 - $783,629

4 Beds
3 Baths
2,092 Sq Ft
$323/Sq Ft Est. Value

Last Sold June 24, 2020

Last sale price $400,000 $191 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $4,158/month

46 Days on Market

Highlights

  • 104 Feet of Waterfront
  • 0.54 Acre Lot
  • No HOA
  • Tropical Elementary School Rated 9+

About This Home

As of June 2020

The residential home that exists on the property was built in 1901 which will need renovation and repairs OR build your Dream home on .54 acre with 104 direct Indian River frontage surrounded by multi-million dollar homes. Property is also listed under Active Residential MLS # 862057.

Last Agent to Sell the Property

Debora Sanders

EXP Realty, LLC License #3068615 Listed on: 04/01/2020

EXP Realty, LLC

Co-Listed By

Jo Ann Haven

EXP Realty, LLC License #3066053

Last Buyer's Agent

Waylon Duff

Pastermack Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,126

Lot Details

  • 0.54 Acre Lot
  • 104 Feet of Waterfront
  • River Front
  • Few Trees

Schools

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

Utilities

  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Georgiana Settlement Subdivision

Listing and Financial Details

  • Assessor Parcel Number 25-36-24-Cs-00000.0-0004.01

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,126

Lot Details

0

Listing Details

  • Property Type: Land
  • Reso Property Sub Type: Unimproved Land
  • ResoLotFeatures: Few Trees
  • Road Surface Type: Paved
  • Water Body Name: Indian River
  • Co List Office Mls Id: spc.oexpr5
  • Co List Office Phone: 888-883-8509
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Georgiana Settlement
  • Location Tax and Legal Parcel Number2: 25-36-24-Cs-00000.0-0004.01
  • Location Tax and Legal Elementary School: Tropical
  • Location Tax and Legal Middle School2: Jefferson
  • Location Tax and Legal High School: Merritt Island
  • Location Tax and Legal Tax Annual Amount: 6126.32
  • Location Tax and Legal Tax Year2: 2019
  • General Property Information Lot Size Acres: 0.54
  • General Property Information Lot Size Square Feet2: 23522.0
  • General Property Information Waterfront YN: Yes
  • General Property Information Senior Community YN: No
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Water Source Public: Yes
  • General Property Information Water Frontage Feet: 104
  • Special Features: None
  • Property Sub Type: Detached

Exterior Features

  • Acres: 0.54
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Lot Features:Few Trees: Yes
  • Waterfront Features:River Front: Yes

Utilities

  • Utilities: Cable Available, Electricity Connected
  • Water Source: Public
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: Jefferson

Lot Info

  • Current Use: Residential, Single Family
  • Lot Size Sq Ft: 23522.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 25-36-24-Cs-00000.0-0004.01
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 6126.32

MLS Schools

  • Elementary School: Tropical
  • High School: Merritt Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2020
Closed on
Jun 24, 2020
Sold by
Downing Catherine A and Downing Catherine A
Bought by
Ingleton Ryan and Ingleton Shyla
Seller's Agent
Debora Sanders
EXP Realty, LLC
Buyer's Agent
Waylon Duff
Pastermack Real Estate
List Price
$595,000
Sold Price
$400,000
Premium/Discount to List
-$195,000
-32.77%
Current Estimated Value
$675,657

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$275,657
Avg. Annual Appreciation
10.65%

Purchase Details

Closed on
Feb 9, 2018
Sold by
Boyd Charles R and Boyd Cynthia G
Bought by
Burns Gregory D and Burns Kimberly J

Purchase Details

Closed on
Aug 22, 2013
Sold by
Provost Susan Charles
Bought by
Provost Susan Charles

Purchase Details

Closed on
Apr 17, 2010
Sold by
Allis Bette B
Bought by
The Bette B Allis Irrevocable Trust

Purchase Details

Closed on
May 16, 2001
Sold by
Slomka Maura J
Bought by
Slomka Edward

Purchase Details

Closed on
Apr 19, 2001
Sold by
Cape Canaveral Hospital Foundation Inc
Bought by
Czumak James C

Purchase Details

Closed on
Jan 31, 2000
Sold by
Cape Canaveral Hospital Foundation Inc
Bought by
Leiseth Bruce R and Bradley Ingrid K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,000
Interest Rate
8.11%

Purchase Details

Closed on
Apr 1, 1999
Sold by
Cape Canaveral Hosp Foundation Inc
Bought by
Leiseth Bruce R and Bradley Ingrid K

Purchase Details

Closed on
Jun 19, 1998
Sold by
Cape Canaveral Hosp Foundation Inc
Bought by
Slomka Edward and Slomka Maura J

Purchase Details

Closed on
Apr 8, 1998
Sold by
Cape Canaveral Hosp Foundation Inc
Bought by
Johnson R Paul and Johnson Sharon

Purchase Details

Closed on
Aug 23, 1994
Sold by
Cape Canaveral Hosp Foundation Inc
Bought by
Thompson Ernestine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,400
Interest Rate
8.74%

Purchase Details

Closed on
Aug 22, 1994
Sold by
Cape Canaveral Hosp Foundation Inc
Bought by
Thompson John H and Thompson Nancy B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,400
Interest Rate
8.74%
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
Ingleton Ryan -- Bella Title And Escrow Inc
Ingleton Ryan $400,000 Bella Title & Escrow Inc
Burns Gregory D $475,000 Mosley & Wallis Title Svcs
Provost Susan Charles -- Attorney
The Bette B Allis Irrevocable Trust -- None Available
Slomka Edward -- --
Czumak James C $35,000 --
Leiseth Bruce R $70,000 --
Leiseth Bruce R $135,000 --
Slomka Edward $37,000 --
Johnson R Paul $36,000 --
Thompson Ernestine M $40,500 --
Thompson John H $40,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ingleton Ryan $726,300
Previous Owner Leiseth Bruce R $427,000
Previous Owner Thompson Ernestine M $32,400
Previous Owner Thompson John H $32,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2020 06/24/20 Sold $400,000 -32.8% $191 / Sq Ft
04/07/2020 04/07/20 Pending -- -- --
04/01/2020 04/01/20 For Sale $595,000 0.0% $284 / Sq Ft
03/13/2020 03/13/20 Pending -- -- --
02/23/2020 02/23/20 Price Changed $595,000 -2.5% $284 / Sq Ft
02/20/2020 02/20/20 For Sale $610,000 -- $292 / 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 $6,072 $473,470 -- --
2023 $6,072 $464,080 $416,800 $47,280
2022 $6,389 $506,980 $0 $0
2021 $6,177 $425,760 $347,500 $78,260
2020 $5,588 $414,990 $335,080 $79,910
2019 $6,126 $452,680 $367,750 $84,930
2018 $6,051 $391,140 $302,410 $88,730
2017 $6,025 $373,770 $302,410 $71,360
2016 $5,898 $348,740 $275,680 $73,060
2015 $5,959 $334,590 $275,680 $58,910
2014 $5,725 $304,180 $275,680 $28,500
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 868521

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 25-36-24-CS-00000.0-0004.01