NOT LISTED FOR SALE

525 Elliot Dr Merritt Island, FL 32952

Estimated Value: $456,253 - $554,000

3 Beds
2 Baths
2,068 Sq Ft
$242/Sq Ft Est. Value

Last Sold February 28, 2014

Last sale price $180,000 $87 Per Sq Ft

Est. 178% increase in value since last sale

Current estimated payment $2,990/month

114 Days on Market

Highlights

  • In Ground Pool
  • Open Floorplan
  • Tile Flooring
  • 0.51 Acre Lot
  • 2 Car Attached Garage
  • 1-Story Property

About This Home

As of February 2014

Come see this great Pool home located in Merritt Island in South Merritt Estates! Home features fresh interior paint, flooring and appliances. Spacious screened in pool on .51 acres of land! Open floor plan. Formal dining, living and family room as well as a pass through kitchen with pass through window. Community HOA offers access to river. Hurry this one will go quick!

Last Agent to Sell the Property

Shirley Weems

Coldwell Banker Realty Listed on: 09/25/2013

Last Buyer's Agent

Daniel Barber

Real Estate Solutions Today License #2168

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,882

Year Built

  • Built in 1965

Lot Details

  • 0.51 Acre Lot
  • West Facing Home

HOA Fees

  • $6 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Tile Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,068 Sq Ft Home
  • 1-Story Property
  • Open Floorplan

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Pool

  • In Ground Pool
  • Screen Enclosure

Schools

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

Utilities

  • Septic Tank

Community Details

  • S Merritt Estates Plantation Sec Plat No 2 Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 25-36-12-77-00000.0-0127.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,882

Year Built

Built in 1965

Lot Details

0

HOA Fees

$6 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1965
  • Reso Property Sub Type: Single Family Residence
  • ResoSpecialListingConditions: Real Estate Owned
  • Subdivision Name: S Merritt Estates Plantation Sec Plat No 2
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 25-36-12-77-00000.0-0127.00
  • 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: 2882.18
  • Location Tax and Legal Tax Year2: 2012
  • General Property Information Living Area2: 2068.0
  • General Property Information Lot Size Acres: 0.51
  • General Property Information Lot Size Square Feet2: 22216.0
  • 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: West
  • Flooring Tile: Yes
  • Levels One: Yes
  • Pets Allowed Yes: Yes
  • Pool Features In Ground: Yes
  • Pool Features Private: Yes
  • Utilities Electricity Connected: Yes
  • Flooring Carpet: Yes
  • Roof:Tile2: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • Pool Features Screen Enclosure: Yes
  • General Property Information Lot Size Dimensions: 140.0 ft x 160.0 ft
  • Special Listing Conditions Real Estate Owned: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Open Floorplan, Split Bedrooms
  • Flooring: Carpet, Tile
  • Appliances: Other
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • ResoLivingAreaSource: PublicRecords
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Split Bedrooms: Yes

Exterior Features

  • Pool Features: In Ground, Private, Screen Enclosure
  • Roof: Tile
  • Acres: 0.51
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: West
  • 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

  • Utilities: Electricity Connected, Water Available
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 70.0
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 70.0
  • General Property Information:Association Fee Frequency: Annually

Schools

  • Middle Or Junior School: Jefferson

Lot Info

  • Lot Dimensions: 140.0 ft x 160.0 ft
  • Lot Size Sq Ft: 22216.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2507938
  • Parcel #: 25-36-12-77-00000.0-0127.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 2882.18

MLS Schools

  • Elementary School: Tropical
  • High School: Merritt Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2013
Closed on
Feb 28, 2014
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Daniels Dan and Daniels Megan
Seller's Agent
Shirley Weems
Coldwell Banker Realty
Buyer's Agent
Daniel Barber
Real Estate Solutions Today
List Price
$224,900
Sold Price
$180,000
Premium/Discount to List
-$44,900
-19.96%
Current Estimated Value
$500,063

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$320,063
Avg. Annual Appreciation
9.28%
Original Mortgage
$135,000
Interest Rate
10%

Purchase Details

Closed on
Aug 17, 2013
Sold by
Ocwen Loan Servicing Llc
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jul 5, 2013
Sold by
Loy Deborah and Case #05-2011-Ca-060414
Bought by
Ocwen Loan Servicing Llc

Purchase Details

Closed on
Jan 11, 2010
Sold by
Joy Deborah J
Bought by
H-2 Llc

Purchase Details

Closed on
Nov 10, 2006
Sold by
Hartnett Florence A and The Florence A Hartnett Trust
Bought by
Loy Deborah J

Purchase Details

Closed on
Dec 12, 2005
Sold by
Loy Deborah J and Hartnett Joseph J
Bought by
Hartnett Joseph J and Hartnett Florence A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,800
Interest Rate
5.76%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 15, 2005
Sold by
Hartnett Joseph J
Bought by
Loy Deborah J and Hartnett Joseph J

Purchase Details

Closed on
Mar 11, 2003
Sold by
Clerk Circuit Court
Bought by
Loy Deborah J
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
Daniels Dan $180,000 Attorney
Federal Home Loan Mortgage Corporation -- None Available
Ocwen Loan Servicing Llc -- Attorney
H-2 Llc -- Security First Title
H-2 Llc -- Security First Title
Loy Deborah J -- None Available
Hartnett Joseph J -- --
Loy Deborah J -- --
Loy Deborah J $142,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Daniels Megan $167,887
Closed Daniels Dan $135,000
Previous Owner Loy Deborah J $260,800
Previous Owner Schneible Robert Raymond $49,760
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2014 02/28/14 Sold $180,000 -20.0% $87 / Sq Ft
01/17/2014 01/17/14 Pending -- -- --
09/25/2013 09/25/13 For Sale $224,900 -- $109 / 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 $3,184 $249,150 -- --
2023 $3,184 $241,900 $0 $0
2022 $2,976 $234,860 $0 $0
2021 $3,100 $228,020 $0 $0
2020 $3,047 $224,880 $0 $0
2019 $2,999 $219,830 $0 $0
2018 $3,006 $215,740 $0 $0
2017 $3,036 $211,310 $0 $0
2016 $3,087 $206,970 $67,100 $139,870
2015 $3,512 $187,420 $60,500 $126,920
2014 $3,272 $169,510 $57,200 $112,310
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 678750

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 25-36-12-77-00000.0-0127.00