NOT LISTED FOR SALE

480 Gateway Dr Merritt Island, FL 32952

Estimated Value: $358,357 - $371,000

3 Beds
2 Baths
1,423 Sq Ft
$256/Sq Ft Est. Value

Last Sold February 23, 2018

Last sale price $187,000 $131 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $2,123/month

Highlights

  • No HOA
  • Built-In Features
  • Cooling Available
  • 2 Car Attached Garage
  • Dual Closets
  • Breakfast Bar

About This Home

As of February 2018

Snap up this Merritt Island gem before it's too late. Located on a quiet street of attractive homes which only further enhances the value of this property. Inside you'll find neutral tile flooring in the main living areas for easy maintenance, remodeled bathrooms, and fresh interior paint. Outside the spacious fenced in backyard is perfect for pets. New exterior side door and exterior master bath door. The upgrades in this home go beyond the cosmetic with the brand new electrical service upgrade (new main AND panel), and a brand new gas water heater! Pre-market inspection report is available so you can buy with confidence. Don't wait...CALL TODAY!

Last Agent to Sell the Property

Laura Forman

One Sotheby's Inter Realty Listed on: 01/31/2018

Last Buyer's Agent

Darla Schults

Daignault Realty Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,803

Year Built

  • Built in 1964

Lot Details

  • 8,712 Sq Ft Lot
  • South Facing Home
  • Wood Fence
  • Chain Link Fence

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Shingle Roof
  • Wood Siding
  • Concrete Siding
  • Block Exterior
  • Asphalt
  • Stucco

Interior Spaces

  • 1,423 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Ceiling Fan
  • Living Room
  • Dining Room

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Ice Maker
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Dual Closets
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry in Garage
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Patio

Schools

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

Utilities

  • Cooling Available
  • Heating Available
  • Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Gateway Unit No 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 24-37-31-50-0000b.0-0019.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,803

Year Built

Built in 1964

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1964
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, In Garage, Washer Hookup
  • Road Surface Type: Asphalt
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Gateway Unit No 1
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 24-37-31-50-0000b.0-0019.00
  • 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: 1803.12
  • Location Tax and Legal Tax Year2: 2017
  • General Property Information Living Area2: 1423.0
  • General Property Information Building Area Total3: 1953.0
  • General Property Information Lot Size Acres: 0.2
  • General Property Information Lot Size Square Feet2: 8712.0
  • 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: South
  • Appliances Microwave: Yes
  • Cooling:Electric: Yes
  • Fencing Fenced2: Yes
  • Fencing Wood2: Yes
  • Flooring Laminate: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Levels One: Yes
  • Road Surface Type Asphalt: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Flooring Carpet: Yes
  • Fencing Chain Link: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • Room Types Dining Room: Yes
  • Room Types Living Room: Yes
  • Utilities Natural Gas Connected: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Bar, Built-in Features, Ceiling Fan(s), His and Hers Closets, Pantry, Primary Bathroom - Tub with Shower, Primary Downstairs, Walk-In Closet(s)
  • Flooring: Carpet, Laminate, Tile
  • Appliances: Disposal, Electric Range, Gas Water Heater, Ice Maker, Microwave
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • ResoLivingAreaSource: PublicRecords
  • Interior Features:Primary Downstairs: Yes
  • Appliances:Electric Range: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Built-in Features: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:His and Hers Closets: Yes
  • Appliances:Gas Water Heater: Yes

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Fencing: Chain Link, Fenced, Wood
  • Acres: 0.2
  • Waterfront: No
  • Construction Type: Block, Concrete, Frame, Stucco, Wood Siding
  • Direction Faces: South
  • Patio And Porch Features: Patio
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio And Porch Features:Patio: Yes
  • Construction Materials:Frame: Yes
  • Construction Materials:Wood Siding: Yes
  • Construction Materials:Brick2: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage Door Opener
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Laundry Features:In Garage: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Electric
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Water Available
  • Heating: Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Electric3: 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

  • Lot Size Sq Ft: 8712.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 24-37-31-50-0000b.0-0019.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 1803.12

MLS Schools

  • Elementary School: Tropical
  • High School: Merritt Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 14, 2018
Sold by
Poole Ronald D
Bought by
Williams Lee Raymond and Williams Cherie
Current Estimated Value
$364,839

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,650
Outstanding Balance
$154,602
Interest Rate
4.5%
Estimated Equity
$210,237

Purchase Details

Listed on
Jan 31, 2018
Closed on
Feb 23, 2018
Sold by
Gentry Jose D
Bought by
Poole Ronald D
Seller's Agent
Laura Forman
One Sotheby's Inter Realty
Buyer's Agent
Darla Schults
Daignault Realty Inc
List Price
$185,000
Sold Price
$187,000
Premium/Discount to List
$2,000
1.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.09%
Original Mortgage
$158,950
Interest Rate
3.99%

Purchase Details

Closed on
Dec 17, 2010
Sold by
Jpmorgan Chase Bank National Association
Bought by
Gentry Joe D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,425
Interest Rate
4.58%

Purchase Details

Closed on
Sep 21, 2010
Sold by
Fresa Michelle D and Fresa Mark C
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Mar 3, 2005
Sold by
Triroyale Llc
Bought by
Fresa Mark C and Fresa Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,820
Interest Rate
6.12%

Purchase Details

Closed on
Dec 29, 2004
Sold by
Hedman Jason and Estate Of S Allen Adlerstein
Bought by
Triroyle Llc and Triroyale Llc
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
Williams Lee Raymond $187,000 Bella Title & Escrow Inc
Poole Ronald D $187,000 Bella Title & Escrow Inc
Gentry Joe D $65,900 Landcastle Title Llc
Jpmorgan Chase Bank National Association -- None Available
Fresa Mark C $195,000 Gulfatlantic Title
Triroyle Llc $125,000 Gulfatlantic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Lee Raymond $177,650
Previous Owner Poole Ronald D $158,950
Previous Owner Gentry Joe D $49,425
Previous Owner Fresa Mark C $147,820
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/23/2018 02/23/18 Sold $187,000 +1.1% $131 / Sq Ft
02/01/2018 02/01/18 Pending -- -- --
01/31/2018 01/31/18 For Sale $185,000 0.0% $130 / Sq Ft
01/19/2016 01/19/16 Rented $1,300 0.0% --
01/19/2016 01/19/16 Under Contract -- -- --
11/25/2015 11/25/15 For Rent $1,300 +4.0% --
10/29/2014 10/29/14 For Rent $1,250 0.0% --
10/29/2014 10/29/14 Rented $1,250 0.0% --
06/24/2012 06/24/12 Rented $1,250 0.0% --
06/24/2012 06/24/12 Under Contract -- -- --
05/24/2012 05/24/12 For Rent $1,250 -- --
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
2025 $2,443 $195,050 -- --
2024 $2,410 $189,560 -- --
2023 $2,410 $184,040 $0 $0
2022 $2,248 $178,680 $0 $0
2021 $2,327 $173,480 $70,000 $103,480
2020 $2,328 $174,790 $70,000 $104,790
2019 $2,771 $167,830 $59,000 $108,830
2018 $2,071 $134,150 $45,000 $89,150
2017 $1,803 $95,780 $35,000 $60,780
2016 $1,724 $85,830 $25,000 $60,830
2015 $1,625 $74,000 $20,000 $54,000
2014 $1,534 $67,280 $20,000 $47,280
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 803989

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 24-37-31-50-0000B.0-0019.00