NOT LISTED FOR SALE

519 Palm Ave Merritt Island, FL 32952

Estimated Value: $240,000 - $259,000

3 Beds
1 Bath
861 Sq Ft
$290/Sq Ft Est. Value

Last Sold June 04, 2015

Last sale price $55,000 $64 Per Sq Ft

Est. 354% increase in value since last sale

Current estimated payment $1,496/month

5 Days on Market

Highlights

  • No HOA
  • Breakfast Bar
  • Shed
  • Screened Porch
  • Patio
  • Terrazzo Flooring

About This Home

As of June 2015

Location location! Handyman special in desirable Merritt Ridge Subdivision. Priced for the investor or handy homeowner. Centrally located just south of 520. Close to schools, shopping, dining. 15 minutes to the beach and less than an hour to Orlando. Front patio and large back screened porch. Private nice fenced yard. Shed behind carport for laundry and storage. Cash buyer only. Price firm.

Last Agent to Sell the Property

Diane McConnell

Diane McConnell Realty License #3031358 Listed on: 05/18/2015

Last Buyer's Agent

Diane McConnell

Diane McConnell Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,047

Year Built

  • Built in 1959

Lot Details

  • 7,841 Sq Ft Lot
  • North Facing Home
  • Wood Fence

Parking

  • 1 Carport Space

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 861 Sq Ft Home
  • 1-Story Property
  • Screened Porch
  • Terrazzo Flooring

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Shed

Schools

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

Utilities

  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Merritt Ridge Subd Subdivision

Listing and Financial Details

  • Assessor Parcel Number 24-36-35-78-0000e.0-0005.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,047

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1959
  • Reso Property Sub Type: Single Family Residence
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Merritt Ridge Subd
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Reso Other Structures: Shed(s)
  • Location Tax and Legal Parcel Number2: 24-36-35-78-0000e.0-0005.00
  • 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: 1046.92
  • Location Tax and Legal Tax Year2: 2014
  • General Property Information Living Area2: 861.0
  • General Property Information Building Area Total3: 916.0
  • General Property Information Lot Size Acres: 0.18
  • General Property Information Lot Size Square Feet2: 7841.0
  • General Property Information New Construction YN: No
  • General Property Information Carport Spaces2: 1.0
  • 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
  • Fencing Fenced2: Yes
  • Fencing Wood2: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Levels One: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Flooring Terrazzo: Yes
  • General Property Information Carport YN2: Yes
  • Other Structures Shed(s): Yes
  • Utilities Water Available: Yes
  • General Property Information Lot Size Dimensions: 78.0 ft x 100.0 ft
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Bar, Primary Bathroom - Tub with Shower
  • Flooring: Terrazzo
  • Appliances: Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • ResoLivingAreaSource: Other
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Breakfast Bar: Yes

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Fencing: Fenced, Wood
  • Acres: 0.18
  • Waterfront: No
  • Construction Type: Block, Concrete
  • Direction Faces: North
  • Patio And Porch Features: Patio, Porch, Screened
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Carport
  • General Property Information:Garage YN: No
  • Parking Features:Carport: Yes

Utilities

  • Utilities: Water Available

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: 78.0 ft x 100.0 ft
  • Lot Size Sq Ft: 7841.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 24-36-35-78-0000e.0-0005.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 1046.92

MLS Schools

  • Elementary School: Tropical
  • High School: Merritt Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2015
Closed on
Jun 5, 2015
Sold by
Declaration Mcconnell Diane L and Declaration Diane L Mcconnell
Bought by
Azalea Freeway Llc
Seller's Agent
Diane McConnell
Diane McConnell Realty
Buyer's Agent
Diane McConnell
Diane McConnell Realty
List Price
$59,000
Sold Price
$55,000
Premium/Discount to List
-$4,000
-6.78%
Current Estimated Value
$249,539

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,539
Avg. Annual Appreciation
15.64%

Purchase Details

Listed on
May 18, 2015
Closed on
Apr 30, 2015
Sold by
Brown Brandy M and Brown John H
Bought by
Declaration Mcconnell Diane L and Declaration Diane L Mcconnell
Seller's Agent
Diane McConnell
Diane McConnell Realty
Buyer's Agent
Diane McConnell
Diane McConnell Realty
List Price
$59,000
Sold Price
$55,000
Premium/Discount to List
-$4,000
-6.78%
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
Azalea Freeway Llc $55,000 State Title
Declaration Mcconnell Diane L $45,000 Island Title & Escrow Agency
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/04/2015 06/04/15 Sold $55,000 -6.8% $64 / Sq Ft
05/23/2015 05/23/15 Pending -- -- --
05/17/2015 05/17/15 For Sale $59,000 +31.1% $69 / Sq Ft
05/04/2015 05/04/15 Sold $45,000 -9.8% $52 / Sq Ft View Prior Sale
04/12/2015 04/12/15 Pending -- -- --
04/10/2015 04/10/15 For Sale $49,900 -- $58 / 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 $2,259 $175,840 -- --
2024 $2,229 $180,900 -- --
2023 $2,229 $180,640 $0 $0
2022 $2,020 $176,390 $0 $0
2021 $1,807 $128,820 $90,000 $38,820
2020 $1,576 $99,880 $60,000 $39,880
2019 $1,505 $100,140 $57,000 $43,140
2018 $1,439 $92,870 $48,000 $44,870
2017 $1,307 $73,950 $38,000 $35,950
2016 $1,146 $51,250 $16,000 $35,250
2015 $1,096 $46,590 $16,000 $30,590
2014 $1,047 $42,800 $16,000 $26,800
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 725487

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 24-36-35-78-0000E.0-0005.00