NOT LISTED FOR SALE

392 Waterside Dr Merritt Island, FL 32952

Estimated Value: $925,000 - $1,633,000

5 Beds
3 Baths
3,383 Sq Ft
$427/Sq Ft Est. Value

Last Sold March 23, 2021

Last sale price $1,250,000 $369 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $9,075/month

89 Days on Market

Highlights

  • Property fronts an intracoastal waterway
  • Oak Trees
  • Lap Pool
  • Water Access
  • Safe Room
  • Fishing

About This Home

As of March 2021

''HEART OF WATERSIDE IN SO. MERRITT ISLAND - DIRECT INDIAN RIVERFRONT'' SALT WATER POOL, METAL ROOF & DOCK, LIFT & BOATHOUSE. This Custom Built Front Porch Florida-style home has captured beautiful views of the Indian River from nearly every room. Sitting in the living or formal dining room evokes the feeling of comfortable elegance. The foyer leads the eye straight to the rivers and views of the sparkling pool. Navigator auto pool vac. Cooks enjoy the lg kitchen island & huge walk-in pantry. Start your day in the spacious breakfast rm with a coffee while scanning the river for dolphins & birds. The Lg Master Suite has his & hers walk-in closets and a spa-like bath. The downstairs bedroom has a full bath & private entry. Lg 1/2 acre lot is expertly landscaped with native & tropical plants

Furnishings negotiable. Dining Room chandelier does not convey. Oversized 3 car Garage with workbench & lots of storage. Located on a cul-de-sac in the desirable Waterside community off South Tropical Trail near Rotary Park.
South Merritt Island's Waterside Subdivision with just 18 homes, sidewalks & more! Direct Intracoastal Riverfront.

Last Agent to Sell the Property

Linda Wise

TROPICAL REALTY & INV OF BREVARD License #3001422 Listed on: 11/08/2020

Last Buyer's Agent

Stellar Non-Member Agent

Stellar Non-Member Office

Stellar Non-Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,666

Year Built

  • Built in 2001

Lot Details

  • 0.47 Acre Lot
  • Lot Dimensions are 126' x 264'
  • Property fronts an intracoastal waterway
  • Waterfront Tip Lot
  • River Front
  • Cul-De-Sac
  • Street terminates at a dead end
  • East Facing Home
  • Vinyl Fence
  • Mature Landscaping
  • Oversized Lot
  • Well Sprinkler System
  • Oak Trees
  • Property is zoned EU

HOA Fees

  • $69 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Parking Pad
  • Workshop in Garage
  • Ground Level Parking
  • Side Facing Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Water
  • Garden
  • Pool

Home Design

  • Cape Cod Architecture
  • Slab Foundation
  • Metal Roof
  • Cement Siding

Interior Spaces

  • 3,383 Sq Ft Home
  • 2-Story Property
  • Furnished or left unfurnished upon request
  • Built-In Features
  • High Ceiling
  • Ceiling Fan
  • Shutters
  • French Doors
  • Great Room
  • Family Room Off Kitchen
  • Formal Dining Room
  • Den
  • Utility Room
  • Attic

Kitchen

  • Eat-In Kitchen
  • Convection Oven
  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Solid Wood Cabinet

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Chute

Home Security

  • Safe Room
  • Security System Owned
  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Pool

  • Lap Pool
  • In Ground Pool
  • Gunite Pool
  • Saltwater Pool
  • Outdoor Shower
  • Outside Bathroom Access
  • Chlorine Free
  • Auto Pool Cleaner

Outdoor Features

  • Water Access
  • Covered Patio or Porch
  • Rain Gutters

Utilities

  • Humidity Control
  • Zoned Heating and Cooling System
  • Heating System Uses Propane
  • Thermostat
  • Propane
  • Gas Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 25-36-11-RJ-00000.0-0010.00

Community Details

Overview

  • Association fees include common area taxes
  • Doug Sperling Association, Phone Number (847) 274-6939
  • Waterside Subdivision
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions

Recreation

  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,666

Year Built

Built in 2001

Lot Details

0

HOA Fees

$69 per month

Parking

3

Listing Details

  • HOA Fee Includes: Common Area Taxes
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cape Cod
  • Disaster Mitigation: Hurricane Shutters/Windows, Safe Room
  • Water Extras: Boathouse, Dock - Covered, Dock - Wood, Dock w/Electric, Dock w/Water Supply, Fishing Pier, Lift - Covered, Seawall - Other, Skiing Allowed
  • Water View: Yes
  • Construction Materials: Cement Siding
  • Fireplace: Yes
  • Living Area: 3383.00
  • Homestead: Yes
  • Lot Size Acres: 0.47
  • Year Built: 2001
  • Building Area Total: 4358.00
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5903678?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5903678?w=Customer
  • Lot Size Sq Ft: 20473
  • Building Search Sq Meters: 404.87
  • Directions to Property: Approx. 3 miles south of SR 520 on S. Tropical Trail in South Merritt Island/Brevard County not far from Rotary Park. Turn right onto Waterside Drive, straight ahead to the Indian Riverfront home in the center.
  • Escrow City: Merritt Island
  • Escrow Postal Code: 32953
  • Escrow State: FL
  • Escrow Street Name: N Grove
  • Escrow Street Number: 50
  • List Office Head Office Key Nume: 1049866
  • Status: Sold
  • Tax Year: 2019
  • Special Features: None

Interior Features

  • Room Count: 13
  • Living Area Units: Square Feet
  • Additional Rooms: Attic, Den/Library/Office, Formal Dining Room Separate, Great Room, Inside Utility
  • Flooring: Carpet, Ceramic Tile, Wood
  • Full Bathrooms: 3
  • Interior Amenities: Built in Features, Ceiling Fans(s), Eating Space In Kitchen, High Ceiling(s), Kitchen/Family Room Combo, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Thermostat, Walk-In Closet(s)
  • Appliances Included: Convection Oven, Dishwasher, Dryer, Gas Water Heater, Microwave, Range, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 5
  • Levels: Two
  • Stories: 2
  • Window Features: Shutters
  • Living Area Meters: 314.29
  • Street Number Modifier: 392

Exterior Features

  • Direction Faces: East
  • Additional Water Information: Intracoastal Waterway
  • Water Extras: Yes
  • Waterfront Feet ICW: 126
  • Waterfront Feet River: 126
  • Water Access: Intracoastal Waterway, River
  • Pool Features: Auto Cleaner, Chlorine Free, Gunite, In Ground, Lap Pool, Outside Bath Access, Salt Water
  • Exterior Features: Fenced, French Doors, Hurricane Shutters, Irrigation System, Outdoor Shower, Rain Gutters, Sidewalk
  • Roof: Metal
  • Water View: Intracoastal Waterway, River
  • Flood Zone Code: X & AE
  • Flood Zone Date: 03/17/2014
  • Flood Zone Panel: 12009C0430G
  • Water Access: Yes
  • Pool Private: Yes
  • View: Garden, Pool, Water
  • Water Body Name: INDIAN RIVER
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Front Porch, Rear Porch, Side Porch
  • Road Surface Type: Asphalt

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener, Garage Faces Side, Ground Level, Parking Pad, Workshop in Garage

Utilities

  • Utilities: Cable Available, Electricity Available, Propane, Public, Sprinkler Well, Street Lights, Water Connected
  • Cooling: Central Air, Humidity Control
  • Heating: Central, Electric, Propane, Zoned
  • Laundry Features: Inside, Laundry Chute, Laundry Room
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Deed Restrictions, Fishing, Sidewalk, Water Access, Waterfront
  • Monthly HOA Fees: 68.75
  • Association Fee: 412.50
  • Association Fee Frequency: Semi-Annually
  • Association Fee Requirement: Required
  • Association Name: Doug Sperling
  • Phone: 847.274.6939
  • Association: Yes
  • Security: Security System, Security System Owned, Smoke Detector(s)

Fee Information

  • Other Fees Term: Annual
  • Waterfront Frontage: 252
  • Total Annual Fees: 825.00
  • Total Monthly Fees: 68.75

Lot Info

  • Zoning Compatible: Yes
  • Total Acreage: 1/4 to less than 1/2
  • Zoning: EU
  • Parcel Number: 25-36-11-RJ-00000.0-0010.00
  • Fencing: Vinyl
  • Lot Features: Cul-De-Sac, In County, Oversized Lot, Sidewalk, Street Dead-End, Street Paved, Tip Lot
  • Lot Dimensions: 126' x 264'
  • Lot Size Square Meters: 1902

Rental Info

  • Minimum Lease: 8-12 Months
  • Additional Lease Restrictions: Verify with HOA President Doug Sperling
  • Furnished: Furnished Or Unfurnished
  • Lease Restrictions: Yes
  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 7666.00
  • Tax Book Number: 44-71
  • Tax Lot: 10

Multi Family

  • Waterfront Features: Intracoastal Waterway, River

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2020
Closed on
Mar 23, 2021
Sold by
Moynahan John H and Moynahan Susan M
Bought by
Jacobson John Jay and Jacobson Nancy R
Seller's Agent
Linda Wise
TROPICAL REALTY & INV OF BREVARD
Buyer's Agent
Stellar Non-Member Agent
Stellar Non-Member Office
List Price
$1,325,000
Sold Price
$1,250,000
Premium/Discount to List
-$75,000
-5.66%
Current Estimated Value
$1,443,516

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,516
Avg. Annual Appreciation
6.49%
Original Mortgage
$1,000,000
Outstanding Balance
$906,972
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$743,256

Purchase Details

Closed on
Jul 24, 2000
Sold by
Moynahan Dev Assoc Inc
Bought by
Moynahan John H and Moynahan Susan M
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
Jacobson John Jay $1,250,000 Attorney
Moynahan John H $205,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Jacobson John Jay $98,441
Open Jacobson John Jay $1,000,000
Closed Jacobson John Jay $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2021 03/23/21 Sold $1,250,000 0.0% $369 / Sq Ft
03/23/2021 03/23/21 Sold $1,250,000 -2.0% $369 / Sq Ft
02/05/2021 02/05/21 Pending -- -- --
02/05/2021 02/05/21 Pending -- -- --
01/07/2021 01/07/21 Price Changed $1,275,000 0.0% $377 / Sq Ft
01/06/2021 01/06/21 Price Changed $1,275,000 -3.0% $377 / Sq Ft
12/03/2020 12/03/20 Price Changed $1,315,000 0.0% $389 / Sq Ft
12/02/2020 12/02/20 Price Changed $1,315,000 -0.8% $389 / Sq Ft
11/08/2020 11/08/20 For Sale $1,325,000 0.0% $392 / Sq Ft
10/20/2020 10/20/20 Price Changed $1,325,000 -5.0% $392 / Sq Ft
10/05/2020 10/05/20 For Sale $1,395,000 -- $412 / Sq Ft
Source: Stellar MLS

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 $13,692 $1,125,570 -- --
2023 $13,692 $1,092,790 $0 $0
2022 $12,756 $1,055,170 $0 $0
2021 $7,695 $573,420 $0 $0
2020 $7,672 $565,510 $0 $0
2019 $7,666 $552,800 $0 $0
2018 $7,717 $542,500 $0 $0
2017 $7,849 $531,350 $0 $0
2016 $8,028 $520,430 $310,000 $210,430
2015 $8,312 $516,820 $310,000 $206,820
2014 $8,388 $512,720 $300,000 $212,720
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5903678

Stellar MLS

APN: 25-36-11-RJ-00000.0-0010.00