NOT LISTED FOR SALE

516 S Plumosa St Unit 16B Merritt Island, FL 32952

Estimated Value: $183,691 - $213,000

2 Beds
1.5 Baths
1,104 Sq Ft
$255/mo HOA Fee

Last Sold March 15, 2018

Last sale price $90,000 $82 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $1,500/month

2 Days on Market

Highlights

  • In Ground Pool
  • Pool View
  • Screened Porch
  • Tropical Elementary School Rated 9+
  • Great Room
  • 1 Car Detached Garage

About This Home

As of March 2018

Opportunity still exists in the sought after central Merritt Island community. Nice condo in GREAT location...close to everything...schools, shopping restaurants, mall. Just minutes from the beach, KSC, Patrick AFB and less than an hour to Orlando airport. Nice floorplan, screened porch, GARAGE, COMMUNITY POOL! NEWER Tankless Water Heater, AC 7 years old, Unit does need minor TLC and has been priced accordingly. Don't miss this super opportunity.

Last Agent to Sell the Property

Paula Veibl

South Brevard Real Estate Inc License #424430 Listed on: 02/19/2018

Last Buyer's Agent

Roger R.B. Bakst

Coldwell Banker Realty License #315568

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $692

Year Built

  • Built in 1981

Lot Details

  • South Facing Home

HOA Fees

  • $255 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Assigned Parking

Home Design

  • Patio Home
  • Villa
  • Shingle Roof
  • Vinyl Siding
  • Asphalt

Interior Spaces

  • 1,104 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Great Room
  • Screened Porch
  • Tile Flooring
  • Pool Views

Kitchen

  • Eat-In Kitchen
  • Electric Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Dual Closets
  • Walk-In Closet

Outdoor Features

  • In Ground Pool
  • Patio

Schools

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

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 24-36-36-00-00541.6-0000.00

Community Details

Overview

  • Penn Place Condo Facebook Page Association
  • Penn Place Condo Ph Iv Subdivision
  • Maintained Community
  • Car Wash Area

Recreation

  • Community Pool

Pet Policy

  • Pet Size Limit

Property Details

Home Type

Condominium

Est. Annual Taxes

$692

Year Built

Built in 1981

Lot Details

0

HOA Fees

$255 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1981
  • Reso Property Sub Type: Condominium
  • Road Surface Type: Asphalt
  • Reso View: Pool
  • Reso Association Amenities: Car Wash Area, Maintenance Grounds, Maintenance Structure, Management - Full Time
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Penn Place Condo Ph IV
  • Architectural Style: Patio Home, Villa
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 24-36-36-00-00541.6-0000.00
  • 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: 691.85
  • Location Tax and Legal Tax Year2: 2017
  • General Property Information Living Area2: 1104.0
  • General Property Information Lot Size Acres: 0.08
  • General Property Information Lot Size Square Feet2: 3485.0
  • 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 Refrigerators: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Pool Features In Ground: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Road Surface Type Asphalt: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • View Pool: Yes
  • Levels Two: Yes
  • Pets Allowed Size Limit: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • Room Types Great Room: Yes
  • General Property Information Stories Total: 2
  • Architectural Style Patio Home: Yes
  • Architectural Style Villa: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen, His and Hers Closets, Walk-In Closet(s)
  • Flooring: Tile
  • Appliances: Electric Range, Refrigerator, Tankless Water Heater
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords
  • General Property Information Bathrooms Half: 1
  • Appliances:Tankless Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Pool Features:Community: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:His and Hers Closets: Yes

Exterior Features

  • Pool Features: Community, In Ground
  • Roof: Shingle, Other
  • Acres: 0.08
  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Direction Faces: South
  • Patio And Porch Features: Patio, Porch, Screened
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Construction Materials:Vinyl Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Assigned, Detached
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Assigned: Yes
  • Parking Features:Detached: Yes

Utilities

  • Cooling: Central Air
  • Utilities: Cable Available, Water Available
  • Heating: Central
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 255.0
  • Association Fee Frequency: Monthly
  • Association Name: Penn Place Condo Facebook Page
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: Penn Place Condo Facebook Page
  • General Property Information:Association Fee: 255.0
  • General Property Information:Association Fee Frequency: Monthly
  • Association Amenities:Car Wash Area: Yes

Schools

  • Middle Or Junior School: Jefferson

Lot Info

  • Lot Size Sq Ft: 3485.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2428148
  • Parcel #: 24-36-36-00-00541.6-0000.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 691.85

MLS Schools

  • Elementary School: Tropical
  • High School: Merritt Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2018
Closed on
Mar 15, 2018
Sold by
Gonser Sherri J
Bought by
Cansas Llc
Seller's Agent
Paula Veibl
South Brevard Real Estate Inc
Buyer's Agent
Roger R.B. Bakst
Coldwell Banker Realty
List Price
$89,900
Sold Price
$90,000
Premium/Discount to List
$100
0.11%
Current Estimated Value
$198,923

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,923
Avg. Annual Appreciation
11.19%

Purchase Details

Closed on
Aug 18, 1997
Sold by
Dingman Denise L
Bought by
Gonser Sherri J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,400
Interest Rate
7.43%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Cansas Llc $90,000 State Title Partners Llp
Gonser Sherri J $39,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gonser Sherri J $64,800
Previous Owner Gonser Sherri J $42,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2018 03/15/18 Sold $90,000 +0.1% $82 / Sq Ft
02/22/2018 02/22/18 Pending -- -- --
02/19/2018 02/19/18 For Sale $89,900 -- $81 / 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
2024 $2,030 $172,690 -- --
2023 $2,030 $147,320 $0 $147,320
2022 $1,800 $133,980 $0 $0
2021 $1,678 $103,850 $0 $103,850
2020 $1,528 $91,560 $0 $91,560
2019 $1,366 $75,510 $0 $75,510
2018 $693 $53,060 $0 $0
2017 $692 $51,970 $0 $0
2016 $699 $50,910 $0 $0
2015 $710 $50,560 $0 $0
2014 $714 $50,160 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

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

MLS Number: 805740

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 24-36-36-00-00541.6-0000.00