NOT LISTED FOR SALE

525 W Gateway Ct Merritt Island, FL 32952

Estimated Value: $551,000 - $918,000

3 Beds
2 Baths
1,821 Sq Ft
$393/Sq Ft Est. Value

Last Sold November 12, 2019

Last sale price $603,000 $331 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $4,364/month

2 Days on Market

Highlights

  • Home fronts a seawall
  • Boat Lift
  • Open Floorplan
  • Boat Ramp
  • In Ground Pool
  • Great Room

About This Home

As of November 2019

Hitting the market with a SPLASH! This home is a boaters dream from the breath taking sunsets to the pool over looking the harbor, you won't be disappointed. Enter through your private courtyard to this beautifully remodeled home with a new metal roof. Home features an updated kitchen with custom solid wood cabinets, stainless appliances include gas range, granite and nook.
Master suite features walk in closet, remodeled bath with slate flooring and sliders to patio. Large living area with a view. Updated tile and wood look flooring. All windows and doors have been replaced. Updated electric and panel. Newer vinyl seawall and deck . This home has it's own private boat ramp and a 10,000 lb boat lift. Deep water and no bridges to navigate. Pool has been resurfaced with new filtration system system

Last Agent to Sell the Property

Dawn Joseph

RE/MAX Aerospace Realty License #3101574 Listed on: 10/12/2019

RE/MAX Aerospace Realty

Last Buyer's Agent

Non-Member Non-Member Out Of Area

Non-MLS or Out of Area License #nonmls

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,999

Year Built

  • Built in 1966

Lot Details

  • 8,712 Sq Ft Lot
  • Home fronts a seawall
  • River Front
  • South Facing Home
  • Vinyl Fence

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Property Views

  • Water
  • Pool

Home Design

  • Metal Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,821 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Ceiling Fan
  • Great Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Dual Closets
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Boat Lift
  • Boat Ramp
  • Courtyard
  • Patio
  • Shed

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Gateway Unit No 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 24-37-31-50-0000c.0-0021.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,999

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
  • ResoLaundryFeatures: In Garage
  • Reso View: Pool, Water
  • Water Body Name: Newfound Harbor
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Gateway Unit No 1
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Reso Other Structures: Shed(s)
  • Location Tax and Legal Parcel Number2: 24-37-31-50-0000c.0-0021.00
  • Location Tax and Legal Tax Annual Amount: 2999.22
  • Location Tax and Legal Tax Year2: 2019
  • General Property Information Living Area2: 1821.0
  • General Property Information Building Area Total3: 2269.0
  • General Property Information Lot Size Acres: 0.2
  • General Property Information Lot Size Square Feet2: 8712.0
  • 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: South
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Fencing Fenced2: Yes
  • Flooring Laminate: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Levels One: Yes
  • Pool Features In Ground: Yes
  • Pool Features Private: Yes
  • Sewer:Public Sewer: Yes
  • View Pool: Yes
  • General Property Information Carport YN2: No
  • Other Structures Shed(s): Yes
  • Utilities Water Available: Yes
  • View Water3: Yes
  • Room Types Great Room: Yes
  • Interior Features Breakfast Nook: Yes
  • Utilities Natural Gas Connected: Yes
  • Exterior Features Boat Lift: Yes
  • Fencing Vinyl2: Yes
  • Exterior Features Boat Ramp - Private: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Bar, Breakfast Nook, Built-in Features, Ceiling Fan(s), Eat-in Kitchen, His and Hers Closets, Open Floorplan, Primary Bathroom - Tub with Shower, Walk-In Closet(s)
  • Flooring: Laminate, Tile
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Gas Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Total Bedrooms: 4
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Gas Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Built-in Features: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:His and Hers Closets: Yes

Exterior Features

  • Exterior Features: Courtyard, Boat Lift, Boat Ramp - Private
  • Pool Features: In Ground, Private
  • Roof: Metal
  • Fencing: Fenced, Vinyl
  • Acres: 0.2
  • Waterfront Features: River Front, Seawall
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: South
  • Patio And Porch Features: Patio
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio And Porch Features:Patio: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Exterior Features:Courtyard: Yes
  • Waterfront Features:Seawall: Yes
  • Waterfront Features:River Front: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage Door Opener
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Laundry Features:In Garage: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Natural Gas Connected, Water Available
  • Heating: Central, Natural Gas
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Central: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Lot Size Sq Ft: 8712.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2439132
  • Parcel #: 24-37-31-50-0000c.0-0021.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 2999.22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 6, 2024
Sold by
George Garrett M and George Christine L
Bought by
George Family Revocable Trust and George
Current Estimated Value
$716,305

Purchase Details

Listed on
Oct 12, 2019
Closed on
Nov 12, 2019
Sold by
Carillion Edward M and Carillion Amy D
Bought by
George Garrett M and George Christine L
Seller's Agent
Dawn Joseph
RE/MAX Aerospace Realty
Buyer's Agent
Non-Member Non-Member Out Of Area
Non-MLS or Out of Area
List Price
$609,000
Sold Price
$603,000
Premium/Discount to List
-$6,000
-0.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.18%
Original Mortgage
$482,400
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 27, 2012
Closed on
Sep 28, 2012
Sold by
Gainey Kristie J
Bought by
Carillion Edward M and Carillion Amy D
Seller's Agent
Daniel Barber
RE/MAX Absolute Service Team
Buyer's Agent
Dawn Joseph
RE/MAX Aerospace Realty
List Price
$399,900
Sold Price
$305,100
Premium/Discount to List
-$94,800
-23.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.03%
Original Mortgage
$244,080
Interest Rate
3.68%

Purchase Details

Closed on
Jan 27, 2012
Sold by
Reeves Lorene S and Reeves Michael W
Bought by
Gainey Kristie J

Purchase Details

Closed on
Nov 4, 2005
Sold by
Reeves Michael W and Gainey Kristie J
Bought by
Reeves Michael W and Waters Christine A

Purchase Details

Closed on
Jun 6, 2005
Sold by
Reeves Lorene S and Reeves Michael W
Bought by
Reeves Michael W and Gainey Kristie J

Purchase Details

Closed on
Apr 21, 2005
Sold by
Reeves Michael W
Bought by
Reeves Michael W and Gainey Kristie J
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
George Family Revocable Trust $100 None Listed On Document
George Garrett M $603,000 Title Solutions Of Fl Llc
Carillion Edward M -- Security First Title & Escro
Carillion Edward M $305,100 Security First Title & Escro
Gainey Kristie J -- Attorney
Reeves Michael W -- Attorney
Reeves Michael W -- --
Reeves Michael W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner George Garrett M $379,500
Previous Owner George Garrett M $482,400
Previous Owner Carillion Edward M $100,000
Previous Owner Carillion Edward M $244,080
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2019 11/12/19 Sold $603,000 -1.0% $331 / Sq Ft
10/14/2019 10/14/19 Pending -- -- --
10/12/2019 10/12/19 For Sale $609,000 +99.6% $334 / Sq Ft
09/28/2012 09/28/12 Sold $305,100 -23.7% $168 / Sq Ft
08/31/2012 08/31/12 Pending -- -- --
04/24/2012 04/24/12 For Sale $399,900 -- $220 / 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
2023 $5,307 $415,570 $0 $0
2022 $4,965 $403,470 $0 $0
2021 $5,230 $391,720 $0 $0
2020 $5,205 $386,320 $0 $0
2019 $2,992 $219,320 $0 $0
2018 $2,999 $215,240 $0 $0
2017 $3,029 $210,820 $0 $0
2016 $3,080 $206,490 $175,000 $31,490
2015 $3,167 $205,060 $175,000 $30,060
2014 $3,189 $203,440 $175,000 $28,440
Source: Public Records

Agents Affiliated with this Home

  • Dawn Joseph

    Seller's Agent in 2019

    Dawn Joseph

    RE/MAX

    (321) 432-7404

    12 in this area

    62 Total Sales

    Section Image

  • N

    Buyer's Agent in 2019

    Non-Member Non-Member Out Of Area

    Non-MLS or Out of Area

  • D

    Seller's Agent in 2012

    Daniel Barber

    RE/MAX

See All Agents

Map

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

MLS Number: 857954

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 24-37-31-50-0000C.0-0021.00

Florida Brevard County Merritt Island 32952

525 W Gateway Ct, Merritt Island, FL

This home is located at 525 W Gateway Ct, Merritt Island, FL 32952 since 12 October 2019 and is currently estimated at $716,305, approximately $393 per square foot. This property was built in 1966. 525 W Gateway Ct is a home located in Brevard County with nearby schools including Tropical Elementary School, Thomas Jefferson Middle School, and Merritt Island High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Space Coast MLS (Space Coast Association of REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes