NOT LISTED FOR SALE

520 Milford Point Dr Merritt Island, FL 32952

Estimated Value: $958,000 - $1,328,000

3 Beds
2.5 Baths
2,641 Sq Ft
$448/Sq Ft Est. Value

Last Sold December 19, 2018

Last sale price $745,000 $282 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $7,390/month

29 Days on Market

Highlights

  • Boat Dock
  • River View
  • Vaulted Ceiling
  • In Ground Pool
  • Open Floorplan
  • 5-minute walk to Margaret and Danny Strickland Park

About This Home

As of December 2018

Boaters paradise tucked away on prestigious quiet Milford Point peninsula!Enjoy the wildlife as manatees, dolphins & birds play in your backyard.Watch the sun come up each morning over the river.Enjoy the active Florida lifestyle.Swim in the pool, kayak/paddle board in the river.Fab views of the Banana River including the Exploration Tower & cruise ships!Home has tons of closets, high ceilings, beautiful architectural arches, huge 3 car garage, large neutral tile, home office with French doors, A/C 2017, a huge chef's kitchen with so many cabinets, food prep island, double ovens, reverse osmosis water system & wine chilling fridge!Master bedroom features enormous closets & huge master bath. 9 ceiling fans throughout.Home security system.Coquina rock seawall never has to be replaced.

Last Agent to Sell the Property

Leigh Giannotti

Serving Brevard Realty License #3104436 Listed on: 10/11/2018

Co-Listed By

Tony Giannotti

Serving Brevard Realty License #3068168

Last Buyer's Agent

Kelly Hamilton

Florida Lifestyle Realty LLC License #3216695

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,740

Year Built

  • Built in 2003

Lot Details

  • 0.28 Acre Lot
  • River Front
  • Cul-De-Sac
  • Street terminates at a dead end
  • West Facing Home
  • Wood Fence
  • Front and Back Yard Sprinklers

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Property Views

  • River
  • Pool

Home Design

  • Metal Roof
  • Concrete Siding
  • Block Exterior
  • Asphalt
  • Stucco

Interior Spaces

  • 2,641 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Central Vacuum
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Family Room
  • Living Room
  • Home Office
  • Library
  • Tile Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Dual Closets
  • Walk-In Closet
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Security System Owned
  • Hurricane or Storm Shutters

Pool

  • In Ground Pool
  • Above Ground Spa

Outdoor Features

  • Patio
  • Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Well
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 24-37-30-01-00000.0-0028.00

Community Details

Overview

  • No Home Owners Association
  • Banana River Park Subdivision

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,740

Year Built

Built in 2003

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 2003
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • ResoLotFeatures: Cul-De-Sac, Dead End Street, Sprinklers In Front, Sprinklers In Rear
  • Road Surface Type: Asphalt
  • Reso View: Pool, River, Water
  • Water Body Name: Banana River
  • ResoSecurityFeatures: Security System Owned
  • Reso Association Amenities: Boat Dock
  • Co List Office Mls Id: eibr0
  • Co List Office Phone: 321-576-0037
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Banana River Park
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 24-37-30-01-00000.0-0028.00
  • 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: 5739.99
  • Location Tax and Legal Tax Year2: 2017
  • General Property Information Living Area2: 2641.0
  • General Property Information Building Area Total3: 3327.0
  • 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
  • Fencing Wood2: 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
  • Levels One: Yes
  • Pool Features In Ground: Yes
  • Pool Features Private: Yes
  • Lot Features Dead End Street: Yes
  • Road Surface Type Asphalt: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • View Pool: Yes
  • Water Source Well: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • View Water3: Yes
  • Security Features Security System Owned: Yes
  • Room Types Family Room: Yes
  • Room Types Laundry: Yes
  • Room Types Library: Yes
  • Room Types Living Room: Yes
  • Room Types Office: Yes
  • Spa Features Above Ground2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-in Features, Ceiling Fan(s), Central Vacuum, His and Hers Closets, Kitchen Island, Open Floorplan, Pantry, Primary Bathroom - Tub with Shower, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
  • Flooring: Tile
  • Spa Features: Above Ground
  • Appliances: Dishwasher, Disposal, Double Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • ResoLivingAreaSource: Other
  • General Property Information Bathrooms Half: 1
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Built-in Features: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Split Bedrooms: 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
  • Interior Features:Central Vacuum: Yes

Exterior Features

  • Exterior Features: Storm Shutters
  • Pool Features: In Ground, Private, Other
  • Roof: Metal
  • Fencing: Fenced, Wood
  • Acres: 0.28
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: West
  • Patio And Porch Features: Patio, Porch
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Exterior Features:Storm Shutters: Yes
  • Lot Features:Cul-De-Sac: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Lot Features:Sprinklers In Rear: Yes
  • ConstructionSiding:Roof Metal: Yes
  • View:River: Yes
  • Waterfront Features:River Front: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: Attached, Garage Door Opener
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 3.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Cable Available, Electricity Connected, Water Available
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Central: Yes
  • Heating:Electric3: 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

Schools

  • Middle Or Junior School: Jefferson

Lot Info

  • Lot Size Sq Ft: 12197.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 24-37-30-01-00000.0-0028.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 5739.99

MLS Schools

  • Elementary School: Audubon
  • High School: Merritt Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2018
Closed on
Dec 19, 2018
Sold by
Smith Phillip C and Smith Candice M
Bought by
Hock David J and Hock Maria
Seller's Agent
Leigh Giannotti
Serving Brevard Realty
Buyer's Agent
Kelly Hamilton
Florida Lifestyle Realty LLC
List Price
$774,900
Sold Price
$745,000
Premium/Discount to List
-$29,900
-3.86%
Current Estimated Value
$1,275,792

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$530,792
Avg. Annual Appreciation
6.95%
Original Mortgage
$453,500
Outstanding Balance
$400,341
Interest Rate
4.9%
Mortgage Type
New Conventional
Estimated Equity
$781,510

Purchase Details

Closed on
May 9, 2007
Sold by
Smith Philip C and Smith Candice M
Bought by
Smith Philip C and Smith Candice M
Source: Public Records

Range of Values:

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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
Hock David J $745,000 Fidelity National Title Of F
Smith Philip C -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hock David J $453,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/19/2018 12/19/18 Sold $745,000 -3.9% $282 / Sq Ft
11/09/2018 11/09/18 Pending -- -- --
10/11/2018 10/11/18 For Sale $774,900 -- $293 / 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 $8,538 $705,540 -- --
2024 $8,498 $685,660 -- --
2023 $8,498 $665,690 $0 $0
2022 $7,959 $646,310 $0 $0
2021 $8,424 $627,490 $0 $0
2020 $8,410 $618,830 $299,820 $319,010
2019 $9,155 $619,810 $299,820 $319,990
2018 $5,656 $395,640 $0 $0
2017 $5,740 $387,510 $0 $0
2016 $5,861 $379,540 $216,260 $163,280
2015 $6,054 $376,910 $216,260 $160,650
2014 $6,106 $373,920 $216,260 $157,660
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 826902

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 24-37-30-01-00000.0-0028.00