NOT LISTED FOR SALE

515 Newfound Harbor Dr Merritt Island, FL 32952

Estimated Value: $367,000 - $430,000

3 Beds
2 Baths
1,621 Sq Ft
$242/Sq Ft Est. Value

Last Sold October 29, 2021

Last sale price $305,000 $188 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $2,396/month

52 Days on Market

Highlights

  • No HOA
  • 1-Story Property
  • Ceiling Fan
  • 2 Car Attached Garage
  • Central Heating and Cooling System
  • North Facing Home

About This Home

As of October 2021

Beautiful Home completely renovated! New Roof, New AC, New Kitchen & New Bathrooms with Quartz countertops, New Flooring and more... Split floor plan with multiple living areas and more privacy for the master bedroom. Walk in closet in master bedroom and double closet in the other 2 bedrooms. Plenty of Natural light all through out the house. Privately fenced backyard with large screen room to relax enjoying beautiful Florida sunsets and rocket launches, possibilities are endless, you can add your own pool, a Jacuzzi or just enjoy some gardening! Excellent location, minutes from beautiful beaches!, Kennedy Space Center, Highway 520, 528, and Interstate Route 95, Great Schools, short hour to Universal and Disney Amusement Parks. Kiwanis Island park is just 1.4 miles away with a boat launch area, playground, tennis courts, baseball courts, fishing, etc.. No HOA!

Last Agent to Sell the Property

Cliff Glansen

FlatFee.com License #707077 Listed on: 07/20/2021

Last Buyer's Agent

Ronda Harber

In The Home Zone Realty License #3266697

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,174

Year Built

  • Built in 1966

Lot Details

  • Lot Dimensions are 60x110
  • North Facing Home

Parking

  • 2 Car Attached Garage

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,621 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Vinyl Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

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

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Gateway Unit No 1 Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,174

Year Built

Built in 1966

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1966
  • Reso Property Sub Type: Single Family Residence
  • 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 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: 1174.0
  • Location Tax and Legal Tax Year2: 2020
  • General Property Information Living Area2: 1621.0
  • 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: North
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Levels One: Yes
  • Pets Allowed Yes: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • General Property Information Lot Size Dimensions: 60x110
  • Flooring Vinyl: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Flooring: Vinyl
  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • ResoLivingAreaSource: Other
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Ceiling Fan(s): Yes

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: North
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Attached: Yes

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: 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 Dimensions: 60x110

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 1174.0

MLS Schools

  • Elementary School: Tropical
  • High School: Merritt Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2021
Closed on
Oct 29, 2021
Sold by
Quinta Investments Llc
Bought by
Smith Gregory and Smith Veronica
Seller's Agent
Cliff Glansen
FlatFee.com
Buyer's Agent
Ronda Harber
In The Home Zone Realty
List Price
$355,000
Sold Price
$305,000
Premium/Discount to List
-$50,000
-14.08%
Current Estimated Value
$392,329

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,329
Avg. Annual Appreciation
6.50%
Original Mortgage
$315,980
Outstanding Balance
$289,096
Interest Rate
2.88%
Mortgage Type
VA
Estimated Equity
$103,233

Purchase Details

Listed on
Mar 15, 2021
Closed on
Apr 27, 2021
Sold by
Mtglq Investors Lp
Bought by
Quinta Investments Llc
Seller's Agent
Heith Mohler
Property Marketers LLC
Buyer's Agent
Non-Member Non-Member Out Of Area
Non-MLS or Out of Area
List Price
$199,500
Sold Price
$220,000
Premium/Discount to List
$20,500
10.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
92.20%
Original Mortgage
$176,000
Interest Rate
3%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 23, 2021
Sold by
Plageman Teresa I and Estate Of Patrick L Falgeman
Bought by
Mtglq Investors Lp

Purchase Details

Closed on
May 28, 2004
Sold by
Cascella Andrew and Cascella Ethel
Bought by
Plageman Patrick L and Plageman Teresa I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,500
Interest Rate
5.89%
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
Smith Gregory $305,000 Stewart Title Company
Quinta Investments Llc $220,000 Shore To Shore Title Llc
Mtglq Investors Lp -- None Available
Plageman Patrick L $185,000 Fidelity Natl Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Gregory $315,980
Previous Owner Quinta Investments Llc $176,000
Previous Owner Plageman Patrick L $166,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/29/2021 10/29/21 Sold $305,000 -10.0% $188 / Sq Ft
09/10/2021 09/10/21 Pending -- -- --
09/03/2021 09/03/21 Price Changed $339,000 -1.7% $209 / Sq Ft
08/17/2021 08/17/21 Price Changed $345,000 -1.4% $213 / Sq Ft
07/23/2021 07/23/21 Price Changed $350,000 -1.4% $216 / Sq Ft
07/20/2021 07/20/21 For Sale $355,000 +61.4% $219 / Sq Ft
04/30/2021 04/30/21 Sold $220,000 +10.3% $136 / Sq Ft View Prior Sale
04/06/2021 04/06/21 Pending -- -- --
03/13/2021 03/13/21 For Sale $199,500 -- $123 / 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 $3,993 $296,770 -- --
2024 $3,721 $286,590 -- --
2023 $3,721 $254,360 $115,000 $139,360
2022 $3,752 $267,810 $0 $0
2021 $1,286 $93,410 $0 $0
2020 $1,224 $92,130 $0 $0
2019 $1,159 $90,060 $0 $0
2018 $1,150 $88,390 $0 $0
2017 $1,140 $86,580 $0 $0
2016 $1,142 $84,800 $25,000 $59,800
2015 $1,154 $84,220 $20,000 $64,220
2014 $1,155 $83,560 $20,000 $63,560
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 910918

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 24-37-31-50-0000B.0-0005.00