NOT LISTED FOR SALE

462 Ormond Ave Merritt Island, FL 32953

Estimated Value: $277,000 - $295,626

4 Beds
2 Baths
1,433 Sq Ft
$200/Sq Ft Est. Value

Last Sold July 12, 2023

Last sale price $280,000 $195 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,774/month

138 Days on Market

Highlights

  • Property is near a marina
  • Main Floor Primary Bedroom
  • No HOA
  • View of Trees or Woods
  • Stone Countertops
  • Mature Landscaping

About This Home

As of July 2023

Under contract-accepting backup offers. AMAZING INVESTMENT OPPORTUNITY! CURRENT RENTER IN PLACE AT PRIME RENTAL RATE! $2150 per month! CAN’T MISS 4BR/2BA annual rental close to water in tranquil Merritt Island! This home has been COMPLETELY RENOVATED with shining all new floors, paint throughout, electric upgrades, and updated fixtures and finishes. Open floor plan is light and bright with a GORGEOUS showpiece kitchen, sparkling countertops and new appliances with space for a cozy breakfast nook. Rejuvenate in your spa like baths, spacious bedrooms, or out on the screen-enclosed lanai just waiting for your chaise lounge and grill! GREAT lot too with a private fenced backyard, perfect for tots and pets, and STUNNING views of the rocket launches at nearby Kennedy Space Center! CURRENT RENTER IN PLACE AT PRIME RENTAL
RATE. Lease in place until the end of 2023 Can be a long term renter! This one WON’T LAST!

Last Agent to Sell the Property

Jennifer Williams Garcia

THE LEGACY COLLECTIVE REALTY License #3376969 Listed on: 02/01/2023

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

  • $2,156

Year Built

  • Built in 1969

Lot Details

  • 7,405 Sq Ft Lot
  • South Facing Home
  • Fenced
  • Mature Landscaping
  • Landscaped with Trees
  • Property is zoned RSF

Parking

  • Driveway

Home Design

  • Slab Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,433 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Inside Utility
  • Ceramic Tile Flooring
  • Views of Woods
  • Fire and Smoke Detector

Kitchen

  • Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Property is near a marina
  • Covered Patio or Porch
  • Exterior Lighting

Schools

  • Riviera Elementary School
  • John F. Kennedy Middle School
  • Palm Bay Magnet High School

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Lucas Terrace Sec 02 Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,156

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 1433
  • Lot Size Acres: 0.17
  • New Construction: No
  • Year Built: 1969
  • Building Area Total: 1433
  • Lot Size Sq Ft: 7405
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Owner
  • Building Area Total Srch Sq M: 133.13
  • Escrow State: FL
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 195.39
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 0
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Master Bedroom Main Floor, Solid Wood Cabinets, Stone Counters, Thermostat
  • Appliances Included: Dishwasher, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • ResoLivingAreaSource: Owner
  • Additional Rooms: Inside Utility
  • Living Area Meters: 133.13

Exterior Features

  • Direction Faces: South
  • Exterior Features: Lighting
  • Roof: Shingle
  • Pool Private: No
  • View: Trees/Woods
  • Waterfront: No
  • Patio and Porch Features: Covered, Screened
  • Road Surface Type: Asphalt
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Driveway

Utilities

  • Utilities: Cable Connected, Electricity Connected, Street Lights, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Name: NONE
  • Association: No
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Management: Full Time

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Schools

  • Elementary School: Riviera Elementary
  • High School: Palm Bay Magnet High
  • Middle Or Junior School: JOHN F. KENNEDY MIDDLE SCHOOL

Lot Info

  • Zoning: RSF
  • Parcel Number: 24-36-22-78-00000.0-0004.00
  • Additional Parcels: No
  • Fencing: Fenced
  • Lot Features: Near Marina, Sidewalk, Paved
  • Flood Zone Code: X

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Lease Restrictions YN: 0
  • Additional Lease Restrictions: Tenant in place until 12/31/2023
  • Month To Month Or Weekly YN: 0

Tax Info

  • Tax Annual Amount: 2155.66
  • Tax Block: 78
  • Tax Book Number: 0022/0054
  • Tax Lot: 4

Multi Family

  • Currency Monthly Rent Amt: 2150.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2023
Closed on
Jul 11, 2023
Sold by
770 Capital Ventures Llc
Bought by
Burgess Carol Ann
Seller's Agent
Jennifer Williams Garcia
THE LEGACY COLLECTIVE REALTY
Buyer's Agent
Stellar Non-Member Agent
STELLAR NON-MEMBER OFFICE
List Price
$280,000
Sold Price
$280,000
Views
438
Current Estimated Value
$285,907

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,907
Avg. Annual Appreciation
0.84%
Original Mortgage
$224,000
Outstanding Balance
$218,656
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$67,251

Purchase Details

Listed on
Feb 27, 2022
Closed on
Mar 29, 2022
Sold by
Jodaco Llc
Bought by
770 Capital Ventures Llc
Seller's Agent
Todd Ostrander
RE/MAX Elite
Buyer's Agent
Todd Ostrander
RE/MAX Elite
List Price
$279,500
Sold Price
$282,500
Premium/Discount to List
$3,000
1.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.69%
Original Mortgage
$266,000
Interest Rate
4.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 15, 2021
Sold by
Daj Properties Llc
Bought by
Jodaco Llc

Purchase Details

Listed on
Dec 18, 2014
Closed on
Jan 20, 2015
Sold by
U S Bank Trust Na
Bought by
Daj Properties Llc
Seller's Agent
Danita Bell
Beach Towne Realty LLC
Buyer's Agent
Matthew Bell
Beach Towne Realty LLC
List Price
$14,900
Sold Price
$14,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.91%

Purchase Details

Closed on
Nov 4, 2014
Sold by
Battle Minnie and Case #05-2013-Ca-036508
Bought by
U S Bank Trust Na and Lsf8 Master Participation Trust
Source: Public Records
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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
Burgess Carol Ann $280,000 Home Title
770 Capital Ventures Llc $282,500 Jeffrey A Ville Pa
770 Capital Ventures Llc $282,500 None Listed On Document
Jodaco Llc -- Attorney
Jodaco Llc -- Accommodation
Daj Properties Llc $14,900 Paramount Title
U S Bank Trust Na -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burgess Carol Ann $224,000
Previous Owner 770 Capital Ventures Llc $266,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/12/2023 07/12/23 Sold $280,000 0.0% $195 / Sq Ft
06/20/2023 06/20/23 Pending -- -- --
04/27/2023 04/27/23 For Sale $280,000 0.0% $195 / Sq Ft
04/19/2023 04/19/23 Off Market $280,000 -- --
04/19/2023 04/19/23 Price Changed $280,000 -5.1% $195 / Sq Ft
04/03/2023 04/03/23 Price Changed $294,900 -10.2% $206 / Sq Ft
03/01/2023 03/01/23 Price Changed $328,500 -0.2% $229 / Sq Ft
02/01/2023 02/01/23 For Sale $329,000 0.0% $230 / Sq Ft
01/18/2023 01/18/23 Rented $2,150 0.0% --
01/04/2023 01/04/23 Under Contract -- -- --
11/27/2022 11/27/22 For Rent $2,150 0.0% --
03/30/2022 03/30/22 Sold $282,500 +1.1% $197 / Sq Ft View Prior Sale
03/01/2022 03/01/22 Pending -- -- --
02/26/2022 02/26/22 For Sale $279,500 +1775.8% $195 / Sq Ft
01/20/2015 01/20/15 Sold $14,900 0.0% $13 / Sq Ft View Prior Sale
12/18/2014 12/18/14 Pending -- -- --
12/16/2014 12/16/14 For Sale $14,900 -- $13 / 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
2025 $3,347 $219,560 -- --
2024 $3,480 $229,030 -- --
2023 $3,480 $234,680 -- --
2022 $2,247 $140,160 $0 $0
2021 $1,539 $84,660 $33,000 $51,660
2020 $1,463 $84,100 $31,000 $53,100
2019 $1,419 $88,630 $31,000 $57,630
2018 $1,308 $74,130 $14,000 $60,130
2017 $1,154 $52,580 $10,000 $42,580
2016 $1,097 $45,550 $9,000 $36,550
2015 $1,032 $40,310 $9,000 $31,310
2014 $483 $31,460 $9,000 $22,460
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: C7470714

Stellar MLS

APN: 24-36-22-78-00000.0-0004.00