NOT LISTED FOR SALE

505 Milford Point Rd Merritt Island, FL 32952

Estimated Value: $804,000 - $845,652

4 Beds
2 Baths
2,265 Sq Ft
$364/Sq Ft Est. Value

About This Home

This home is located at 505 Milford Point Rd, Merritt Island, FL 32952 and is currently estimated at $823,413, approximately $363 per square foot. 505 Milford Point Rd is a home located in Brevard County with nearby schools including Audubon Elementary School, Thomas Jefferson Middle School, and Merritt Island High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 15, 2024
Sold by
Ratcliffe Trevor and Ratcliffe Trust
Bought by
Sheppard Jerome G and Sheppard Jana D
Current Estimated Value
$823,413

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Outstanding Balance
$344,342
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$479,071

Purchase Details

Closed on
Dec 21, 2010
Sold by
Ratcliffe Trevor
Bought by
Milton Point Llc

Purchase Details

Closed on
Apr 17, 2010
Sold by
Hernandez Carlos and Hernandez Sandra
Bought by
Ratcliffe Trevor

Purchase Details

Closed on
Aug 30, 2007
Sold by
Neer Hurley S and Neer Diane M
Bought by
Hernandez Carlos and Hernandez Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,000
Interest Rate
6.65%

Purchase Details

Closed on
Sep 5, 2003
Sold by
Kent Patricia N
Bought by
Neer Hurley S and Neer Diane M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
4.75%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
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
Sheppard Jerome G $800,000 Title Solutions
Milton Point Llc -- Attorney
Ratcliffe Trevor $400,000 Attorney
Hernandez Carlos $450,000 Platinum Title Of South Flor
Neer Hurley S $360,000 Gulfatlantic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sheppard Jerome G $348,000
Previous Owner Hernandez Carlos $415,000
Previous Owner Neer Hurley S $288,000
Closed Neer Hurley S $36,000
Source: Public Records

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 $8,941 $415,740 -- --
2024 $8,754 $688,740 -- --
2023 $8,754 $677,690 $0 $0
2022 $7,973 $662,000 $0 $0
2021 $7,482 $521,230 $241,500 $279,730
2020 $7,227 $495,100 $215,250 $279,850
2019 $7,636 $513,260 $225,750 $287,510
2018 $7,217 $469,880 $204,750 $265,130
2017 $7,151 $446,620 $178,500 $268,120
2016 $7,145 $426,030 $165,000 $261,030
2015 $6,938 $395,070 $145,000 $250,070
2014 $6,488 $359,520 $145,000 $214,520
Source: Public Records

Map

Florida Brevard County Merritt Island 32952

505 Milford Point Rd, Merritt Island, FL

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