NOT LISTED FOR SALE

490 Milford Point Rd Merritt Island, FL 32952

Estimated Value: $1,149,000 - $1,398,615

4 Beds
3.5 Baths
3,676 Sq Ft
$355/Sq Ft Est. Value

Last Sold July 12, 2017

Last sale price $975,000 $265 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $7,973/month

55 Days on Market

Highlights

  • Boat Dock
  • In Ground Spa
  • River View
  • Boat Lift
  • RV Access or Parking
  • 4-minute walk to Margaret and Danny Strickland Park

About This Home

As of July 2017

DIRECT BANANA RIVER LUXURY POOL HOME WITH BOAT LIFT! Complete makeover in 2012 including the addition of a luxurious top floor 1100 SF Master Suite Retreat with east-facing river views, terrace, tray ceilings, private loft area, luxury bath and flex room currently set up for fitness and yoga. A second Master Suite is on the first floor along with two additional bedrooms and a unique floor plan that boasts river views from most areas of the home. GREAT for entertaining and hosting rocket launch parties! Enjoy the waterfront heated pool and hot tub on cooler evenings and on hot days, you can actually cool the pool with the pool chiller system. Long dock with gazebo and boat lift offer immediate open water access. Call for private showin

Last Agent to Sell the Property

Kate Flack

Perrone Realty, LLC Listed on: 05/06/2017

Co-Listed By

Jerry Frulio

Perrone Realty, LLC

Last Buyer's Agent

Holly Nichol

Crown Head Corporation License #701271

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,092

Year Built

  • Built in 1985

Lot Details

  • 0.28 Acre Lot
  • River Front
  • Street terminates at a dead end
  • West Facing Home
  • Vinyl Fence

Parking

  • 2 Car Attached Garage
  • RV Access or Parking

Home Design

  • Metal Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,676 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Living Room
  • Dining Room
  • Loft
  • Bonus Room
  • Screened Porch
  • River Views
  • Security System Owned

Kitchen

  • Breakfast Bar
  • Double Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Dual Closets
  • Walk-In Closet
  • Separate Shower in Primary Bathroom
  • Spa Bath

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Pool

  • In Ground Spa
  • Saltwater Pool
  • Screen Enclosure

Outdoor Features

  • Boat Lift
  • Balcony
  • Courtyard
  • Patio
  • Gazebo

Schools

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

Utilities

  • Zoned Heating and Cooling
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 24-37-30-01-00000.0-0025.00

Community Details

Overview

  • No Home Owners Association
  • Milford Point Beach Subd Subdivision

Recreation

  • Boat Dock
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,092

Year Built

Built in 1985

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1985
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • ResoLotFeatures: Dead End Street
  • Reso View: River, Water
  • Water Body Name: Banana River
  • ResoSecurityFeatures: Security System Owned
  • Reso Association Amenities: Boat Dock, Park
  • Co List Office Mls Id: perr0
  • Co List Office Phone: 321-452-9838
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Milford Point Beach Subd
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Other Structures: Gazebo
  • Location Tax and Legal Parcel Number2: 24-37-30-01-00000.0-0025.00
  • Location Tax and Legal Elementary School: Audubon
  • Location Tax and Legal Middle School2: Jefferson
  • Location Tax and Legal High School: Merritt Island
  • Location Tax and Legal Tax Annual Amount: 8091.71
  • Location Tax and Legal Tax Year2: 2016
  • General Property Information Living Area2: 3676.0
  • General Property Information Building Area Total3: 4117.0
  • General Property Information Lot Size Acres: 0.28
  • General Property Information Lot Size Square Feet2: 12197.0
  • 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: West
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Fencing Fenced2: 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
  • Pool Features Private: Yes
  • Lot Features Dead End Street: Yes
  • Utilities Electricity Connected: Yes
  • Flooring Carpet: Yes
  • Levels Two: Yes
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • Spa Features In Ground2: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • View Water3: Yes
  • Room Types Dining Room: Yes
  • Cooling Zoned: Yes
  • Pool Features Screen Enclosure: Yes
  • Security Features Security System Owned: Yes
  • Waterfront Features Waterfront Community: Yes
  • Room Types Laundry: Yes
  • Room Types Living Room: Yes
  • Pool Features Electric Heat: Yes
  • Pool Features Salt Water: Yes
  • Exterior Features Boat Lift: Yes
  • Room Types Bonus Room: Yes
  • Room Types Loft: Yes
  • Other Structures Gazebo: Yes
  • Fencing Vinyl2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), His and Hers Closets, Kitchen Island, Open Floorplan, Primary Bathroom - Tub with Shower, Primary Bathroom -Tub with Separate Shower, Primary Downstairs, Skylight(s), Vaulted Ceiling(s), Walk-In Closet(s)
  • Flooring: Carpet, Tile
  • Spa Features: Bath, In Ground
  • Appliances: Dishwasher, Disposal, Double Oven, Electric Range, Microwave, Refrigerator
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning, Other
  • ResoLivingAreaSource: PublicRecords
  • General Property Information Bathrooms Half: 1
  • Appliances Dishwasher: Yes
  • Interior Features:Primary Downstairs: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Double Oven: Yes
  • Interior Features:His and Hers Closets: Yes
  • Spa Features:Bath: Yes
  • Fireplace Features:Wood Burning: Yes
  • Interior Features:Skylight(s): Yes

Exterior Features

  • Exterior Features: Balcony, Courtyard, Boat Lift
  • Pool Features: Electric Heat, Private, Salt Water, Screen Enclosure, Other
  • Roof: Metal
  • Fencing: Fenced, Vinyl
  • Acres: 0.28
  • Waterfront Features: River Front, Waterfront Community
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: West
  • 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:Courtyard: Yes
  • View:River: Yes
  • Waterfront Features:River Front: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, RV Access/Parking
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Attached: Yes
  • Parking Features:RV AccessParking: Yes

Utilities

  • Cooling: Central Air, Electric, Zoned
  • Utilities: Electricity 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
  • Association Amenities:Park: Yes

Schools

  • Middle Or Junior School: Jefferson

Lot Info

  • Lot Size Sq Ft: 12197.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2437413
  • Parcel #: 24-37-30-01-00000.0-0025.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 8091.71

MLS Schools

  • Elementary School: Audubon
  • High School: Merritt Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 1, 2024
Sold by
490 Milford Llc
Bought by
Gordon Scott and Millar Angela
Current Estimated Value
$1,303,904

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,051,637
Outstanding Balance
$1,040,026
Interest Rate
6.09%
Mortgage Type
VA
Estimated Equity
$263,878

Purchase Details

Closed on
Apr 24, 2023
Sold by
Nguyen Thanh and Nguyen Kristine
Bought by
490 Milford Llc

Purchase Details

Closed on
Mar 10, 2023
Sold by
Zhang Xiaozhao and Zhang Yushi
Bought by
Nguyen Thanh and Huynh Kristine

Purchase Details

Listed on
May 6, 2017
Closed on
Jul 11, 2017
Sold by
Mcnew Tammie D
Bought by
Harpootlian Rachel and Harpootlian Joel
Seller's Agent
Kate Flack
Perrone Realty, LLC
Buyer's Agent
Holly Nichol
Crown Head Corporation
List Price
$1,000,000
Sold Price
$975,000
Premium/Discount to List
-$25,000
-2.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.56%
Original Mortgage
$540,000
Interest Rate
3.94%

Purchase Details

Closed on
May 4, 2015
Sold by
Mcnew Terry D
Bought by
Mcnew Tammie D

Purchase Details

Closed on
Sep 21, 2011
Sold by
Erickson Joyce D and Erickson Homestead Joyce D
Bought by
Mcnew Terry D

Purchase Details

Closed on
Jul 20, 2006
Sold by
Erickson Joyce D and Erickson Roy H
Bought by
Erickson Joyce D and Erickson Homestead Joyce D
Source: Public Records

Range of Values:

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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
Gordon Scott $1,305,000 Title Solutions
490 Milford Llc $100 None Listed On Document
Nguyen Thanh $1,125,000 --
Harpootlian Rachel $975,000 Attorney
Mcnew Tammie D -- Attorney
Mcnew Terry D $440,000 Attorney
Erickson Joyce D -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gordon Scott $1,051,637
Previous Owner Harpootlian Rachel $540,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/12/2017 07/12/17 Sold $975,000 -2.5% $265 / Sq Ft
05/16/2017 05/16/17 Pending -- -- --
05/06/2017 05/06/17 For Sale $1,000,000 0.0% $272 / Sq Ft
03/31/2017 03/31/17 Pending -- -- --
03/21/2017 03/21/17 For Sale $1,000,000 -- $272 / 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
2025 $13,780 $1,043,740 -- --
2024 $13,859 $1,090,750 -- --
2023 $13,859 $1,067,430 $530,000 $537,430
2022 $13,121 $1,045,640 $0 $0
2021 $10,394 $740,240 $319,480 $420,760
2020 $10,216 $715,080 $299,820 $415,260
2019 $10,531 $719,550 $299,820 $419,730
2018 $10,126 $671,330 $263,840 $407,490
2017 $9,504 $602,220 $253,020 $349,200
2016 $8,092 $522,880 $216,260 $306,620
2015 $8,789 $506,000 $216,260 $289,740
2014 -- $463,970 $216,260 $247,710
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2017

    Kate Flack

    Perrone Realty, LLC

  • J

    Seller Co-Listing Agent in 2017

    Jerry Frulio

    Perrone Realty, LLC

  • H

    Buyer's Agent in 2017

    Holly Nichol

    Crown Head Corporation

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Map

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

MLS Number: 778784

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 24-37-30-01-00000.0-0025.00

Florida Brevard County Merritt Island 32952

490 Milford Point Rd, Merritt Island, FL

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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