NOT LISTED FOR SALE

3895 Old Settlement Rd Merritt Island, FL 32952

Estimated Value: $2,935,388 - $4,028,000

6 Beds
5.5 Baths
6,997 Sq Ft
$485/Sq Ft Est. Value

Last Sold April 03, 2014

Last sale price $1,206,900 $172 Per Sq Ft

Est. 181% increase in value since last sale

Current estimated payment $19,961/month

152 Days on Market

Highlights

  • Boat Dock
  • Boat Lift
  • River Front
  • Tropical Elementary School Rated 9+
  • In Ground Pool
  • 0.57 Acre Lot

About This Home

As of April 2014

** SHORT SALE WITH TWO LENDERS * AGENT MUST READ ATTACHED DISCLOSURE BEFORE SUBMITTING AN OFFER * GORGEOUS POTENTIAL * DIRECT INDIAN RIVER FRONTAGE FACING WEST * RENOWNED HISTORY * 200 FEET OF DOCK * BIRTH CAN HOLD A 65 FOOT VESSEL WITH SHORE POWER * SPACIOUS SUMMER KITCHEN * GUEST SUITE * MEDIA ROOM * NEGATIVE INFINITY EDGE POOL WITH GAS FIRE PITS *

Last Agent to Sell the Property

Terry Palmiter

RE/MAX Aerospace Realty License #3119456 Listed on: 08/03/2012

RE/MAX Aerospace Realty

Last Buyer's Agent

Andrew Barclay

EXP Realty, LLC License #3102990

EXP Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,652

Year Built

  • Built in 2007

Lot Details

  • 0.57 Acre Lot
  • Lot Dimensions are 125 x 125
  • River Front
  • East Facing Home

Parking

  • Attached Garage

Home Design

  • Metal Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 6,997 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Vaulted Ceiling
  • Fireplace
  • Family Room
  • Screened Porch
  • Water Views
  • Kitchen Island
  • Laundry Room

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Dual Closets
  • Walk-In Closet
  • In-Law or Guest Suite
  • Separate Shower in Primary Bathroom

Outdoor Features

  • In Ground Pool
  • Boat Lift
  • Balcony
  • Patio
  • Outdoor Kitchen

Schools

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

Utilities

  • Central Air
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Short Sale
  • Assessor Parcel Number 253624CS000000000503

Community Details

Overview

  • No Home Owners Association
  • Georgiana Settlement Subdivision

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,652

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 2007
  • Reso Property Sub Type: Single Family Residence
  • Reso View: Water
  • Water Body Name: Indian River
  • Reso Association Amenities: Boat Dock
  • ResoSpecialListingConditions: Short Sale
  • Subdivision Name: Georgiana Settlement
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 253624CS000000000503
  • 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: 18651.78
  • Location Tax and Legal Tax Year2: 2012
  • General Property Information Living Area2: 6997.0
  • General Property Information Lot Size Acres: 0.57
  • General Property Information Lot Size Square Feet2: 24829.2
  • General Property Information New Construction YN: No
  • General Property Information Waterfront YN: Yes
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: East
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Flooring Wood: Yes
  • Pool Features In Ground: Yes
  • Utilities Cable Available: Yes
  • Levels Two: Yes
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • View Water3: Yes
  • Room Types Family Room: Yes
  • Room Types Laundry: Yes
  • Interior Features Guest Suite: Yes
  • Utilities Natural Gas Connected: Yes
  • General Property Information Lot Size Dimensions: 125 x 125
  • Exterior Features Boat Lift: Yes
  • Special Listing Conditions Short Sale: Yes
  • General Property Information:Pool Private YN: Yes
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-in Features, Guest Suite, His and Hers Closets, Kitchen Island, Primary Bathroom - Tub with Shower, Primary Bathroom -Tub with Separate Shower, Primary Downstairs, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
  • Flooring: Tile, Wood
  • Appliances: Other
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace Features: Other
  • Total Bedrooms: 8
  • ResoLivingAreaSource: Other
  • General Property Information Bathrooms Half: 1
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Built-in Features: Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:His and Hers Closets: Yes

Exterior Features

  • Exterior Features: Balcony, Outdoor Kitchen, Boat Lift
  • Pool Features: In Ground
  • Roof: Metal
  • Acres: 0.57
  • Pool Private: Yes
  • Waterfront Features: River Front
  • Waterfront: Yes
  • 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
  • Exterior Features:Balcony: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Exterior Features Outdoor Kitchen2: Yes
  • Waterfront Features:River Front: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Cable Available, Natural Gas Connected, Water Available
  • Cooling Y N: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No
  • Association Amenities:Boat Dock: Yes

Schools

  • Middle Or Junior School: Jefferson

Lot Info

  • Lot Dimensions: 125 x 125
  • Lot Size Sq Ft: 24829.2
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2511266
  • Parcel #: 253624CS000000000503
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 18651.78

MLS Schools

  • Elementary School: Tropical
  • High School: Merritt Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 19, 2017
Sold by
Arce Pamela S
Bought by
Qureshi Saleem M
Current Estimated Value
$3,394,129

Purchase Details

Listed on
Aug 3, 2012
Closed on
Apr 2, 2014
Sold by
Brady Mark H
Bought by
Qureshi Saleem M
Seller's Agent
Terry Palmiter
RE/MAX Aerospace Realty
Buyer's Agent
Andrew Barclay
EXP Realty, LLC
List Price
$1,164,000
Sold Price
$1,206,900
Premium/Discount to List
$42,900
3.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.46%

Purchase Details

Closed on
Jan 31, 2008
Sold by
Jones Kenneth J and Jones Michele L
Bought by
Brady Mark H and Brady Deborah E Zeman

Purchase Details

Closed on
Apr 15, 2005
Sold by
Austin Edward H and Austin Sara C
Bought by
Brady Mark H
Source: Public Records

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
Qureshi Saleem M $195,000 Alliance Title Ins Agency In
Qureshi Saleem M $1,206,900 Supreme Title Closings Llc
Brady Mark H -- American Heritage Title Co
Brady Mark H $1,000,000 American Heritage Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Qureshi Saleem M $253,000
Previous Owner Qureshi Saleem M $250,000
Previous Owner Brady Mark H $350,000
Previous Owner Brady Mark H $2,000,000
Previous Owner Brady Mark H $203,306
Previous Owner Brady Mark H $1,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2014 04/03/14 Sold $1,206,900 +3.7% $172 / Sq Ft
01/02/2013 01/02/13 Pending -- -- --
08/03/2012 08/03/12 For Sale $1,164,000 -- $166 / 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 $19,319 $1,597,620 -- --
2023 $19,319 $1,551,090 $0 $0
2022 $18,097 $1,505,920 $0 $0
2021 $19,280 $1,462,060 $0 $0
2020 $19,410 $1,441,880 $0 $0
2019 $19,517 $1,409,470 $0 $0
2018 $19,687 $1,383,190 $0 $0
2017 $20,095 $1,354,750 $0 $0
2016 $20,603 $1,326,890 $422,300 $904,590
2015 $21,374 $1,317,670 $422,300 $895,370
2014 $21,032 $1,234,450 $422,300 $812,150
Source: Public Records

Agents Affiliated with this Home

  • Terry Palmiter

    Seller's Agent in 2014

    Terry Palmiter

    RE/MAX

    5 in this area

    56 Total Sales

    Terry Palmiter
    Section Image
  • Andrew Barclay

    Buyer's Agent in 2014

    Andrew Barclay

    EXP Realty, LLC

    (321) 514-9862

    6 in this area

    76 Total Sales

    Andrew Barclay
    Section Image

  • s

    Buyer's Agent in 2014

    spc.rets.3102990

    spc.rets.RETS_OFFICE

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Map

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

MLS Number: 646797

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 25-36-24-CS-00000.0-0005.03

Florida Brevard County Merritt Island 32952

3895 Old Settlement Rd, Merritt Island, FL

This home is located at 3895 Old Settlement Rd, Merritt Island, FL 32952 since 03 August 2012 and is currently estimated at $3,394,129, approximately $485 per square foot. This property was built in 2007. 3895 Old Settlement Rd is a home located in Brevard County with nearby schools including Tropical 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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