NOT LISTED FOR SALE

535 River Moorings Dr Merritt Island, FL 32953

Estimated Value: $814,000 - $1,041,000

4 Beds
3 Baths
2,996 Sq Ft
$317/Sq Ft Est. Value

Last Sold November 30, 2018

Last sale price $729,500 $243 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $5,728/month

7 Days on Market

Highlights

  • Boat Dock
  • Home fronts a seawall
  • Intracoastal View
  • Lewis Carroll Elementary School Rated A-
  • Boat Lift
  • Private Pool

About This Home

As of November 2018

Paradise Island! Direct Waterfront living in desirable River Moorings! Enter this Island over the gated wood bridge entry to this gorgeous custom built canalfront home. BRAND NEW ROOF BEING INSTALLED!! Triple Sliders open to expansive covered Patio/Pool Area overlooking your private covered dock & canal. Eat in Kitchen w plate glass window & expansive views, large island, granite countertops & SS appliances. Formal dining & Office as well. Large master w/ sitting area & ensuite bath w/ claw tub, dual shower & vanities. 2nd Guest room includes wet bar w sliders to pool & murphy bed - a true ''man-cave''. 3 Bdrs/2 baths + Office downstairs with addt'l Loft/4th bedroom/bath upstairs. Excellent for in-law suite, artist or older child. Oversized Garage provides lots of storage too!

Last Agent to Sell the Property

Leslie Boucher

Tropical Realty & Inv. of Brev Listed on: 08/01/2018

Last Buyer's Agent

Kim Tillett

One Sotheby's International License #3218969

One Sotheby's International

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,173

Year Built

  • Built in 1999

Lot Details

  • 0.35 Acre Lot
  • Home fronts a seawall
  • Home fronts navigable water
  • River Front
  • Home fronts a canal
  • North Facing Home
  • Few Trees

HOA Fees

  • $87 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Property Views

  • Intracoastal
  • Canal

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,996 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace
  • Great Room
  • Dining Room
  • Home Office
  • Library
  • Screened Porch
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms
  • Separate Shower in Primary Bathroom

Home Security

  • Security System Owned
  • Security Gate

Pool

  • Private Pool
  • Waterfall Pool Feature
  • Outdoor Shower
  • Screen Enclosure

Outdoor Features

  • Boat Lift
  • Patio

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 23-36-34-26-00000.0-0008.00

Community Details

Overview

  • Jeff Vayda/ Association, Phone Number (321) 459-3199
  • River Moorings Subdivision
  • Maintained Community

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,173

Year Built

Built in 1999

Lot Details

0

HOA Fees

$87 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1999
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Few Trees
  • Reso View: Canal, Water, Intracoastal
  • Water Body Name: Indian River
  • ResoSecurityFeatures: Security Gate, Security System Owned
  • Reso Association Amenities: Boat Dock, Maintenance Grounds, Management - Full Time
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: River Moorings
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 23-36-34-26-00000.0-0008.00
  • Location Tax and Legal Elementary School: Carroll
  • Location Tax and Legal Middle School2: Jefferson
  • Location Tax and Legal High School: Merritt Island
  • Location Tax and Legal Tax Annual Amount: 5173.45
  • Location Tax and Legal Tax Year2: 2017
  • General Property Information Living Area2: 2996.0
  • General Property Information Building Area Total3: 3756.0
  • General Property Information Lot Size Acres: 0.35
  • General Property Information Lot Size Square Feet2: 15246.0
  • 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: North
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Flooring Tile: Yes
  • General Property Information Community Fee(s) YN: Yes
  • Flooring Wood: Yes
  • Levels One: Yes
  • Pool Features Private: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Roof:Shingle: Yes
  • Security Features Security Gate: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • View Water3: Yes
  • Room Types Dining Room: Yes
  • Room Types Great Room: Yes
  • Interior Features Breakfast Nook: Yes
  • Pool Features Screen Enclosure: Yes
  • Security Features Security System Owned: Yes
  • Waterfront Features Waterfront Community: Yes
  • Room Types Laundry: Yes
  • Room Types Library: Yes
  • Room Types Office: Yes
  • General Property Information Association Phone: 321-459-3199
  • Pool Features Waterfall: Yes
  • Utilities Propane3: Yes
  • Exterior Features Boat Lift: Yes
  • View Intracoastal: Yes
  • ViewCanal: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Nook, Built-in Features, Ceiling Fan(s), Eat-in Kitchen, Kitchen Island, Open Floorplan, Pantry, Primary Bathroom -Tub with Separate Shower, Primary Downstairs, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar
  • Flooring: Tile, Wood
  • Appliances: Dishwasher, Disposal, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Other
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Interior Features:Primary Downstairs: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Eat-in Kitchen: 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
  • Interior Features:Wet Bar: Yes

Exterior Features

  • Exterior Features: Outdoor Shower, Boat Lift
  • Pool Features: Private, Screen Enclosure, Waterfall
  • Roof: Shingle
  • Acres: 0.35
  • Waterfront Features: Canal Front, Navigable Water, River Front, Seawall, Waterfront Community
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: North
  • Patio And Porch Features: Patio, Porch, Screened
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Exterior Features:Outdoor Shower: Yes
  • Lot Features:Few Trees: Yes
  • Waterfront Features:Seawall: Yes
  • Waterfront Features:Canal Front: Yes
  • Waterfront Features:River Front: Yes
  • Waterfront Features:Navigable Water: 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
  • Parking Features:Attached: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Cable Available, Electricity Connected, Water Available, Propane
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Central: Yes
  • Heating:Electric3: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 260.0
  • Association Fee Frequency: Quarterly
  • Association Name: Jeff Vayda/
  • Phone: 321-459-3199
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: Jeff Vayda/
  • General Property Information:Association Fee: 260.0
  • General Property Information:Association Fee Frequency: Quarterly
  • Association Amenities:Boat Dock: Yes

Schools

  • Middle Or Junior School: Jefferson

Lot Info

  • Lot Size Sq Ft: 15246.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2319345
  • Parcel #: 23-36-34-26-00000.0-0008.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 5173.45

MLS Schools

  • Elementary School: Carroll
  • High School: Merritt Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2018
Closed on
Nov 30, 2018
Sold by
Nancy Boonani William and Nancy Boonani
Bought by
Chen Christopher and Chen Deborah
Seller's Agent
Leslie Boucher
Tropical Realty & Inv. of Brev
Buyer's Agent
Kim Tillett
One Sotheby's International
List Price
$749,000
Sold Price
$729,500
Premium/Discount to List
-$19,500
-2.6%
Current Estimated Value
$950,531

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$221,031
Avg. Annual Appreciation
4.00%
Original Mortgage
$576,000
Outstanding Balance
$508,456
Interest Rate
4.8%
Estimated Equity
$442,075

Purchase Details

Closed on
Apr 25, 2003
Sold by
Mathews Kenneth William and Mathews Cristy L
Bought by
Bounanni William and Bounanni Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,200
Interest Rate
5.79%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 18, 1995
Sold by
River Moorings Inc
Bought by
Mathews Kenneth William and Hoffman Cristy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,100
Interest Rate
7.43%
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
Chen Christopher $729,500 Island Title & Escrow Agency
Bounanni William $609,000 --
Mathews Kenneth William $62,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Christopher $100,000
Open Chen Christopher $576,000
Previous Owner Buonanni William $389,600
Previous Owner Buonanni William S $100,000
Previous Owner Buonanni William Stephen $38,200
Previous Owner Bounanni William $449,000
Previous Owner Mathews Kenneth W $78,200
Previous Owner Mathews Kenneth William $47,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2018 11/30/18 Sold $729,500 -2.6% $243 / Sq Ft
08/08/2018 08/08/18 Pending -- -- --
07/31/2018 07/31/18 For Sale $749,000 -- $250 / 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 $5,542 $459,010 -- --
2023 $5,542 $426,580 $0 $0
2022 $5,188 $414,160 $0 $0
2021 $5,458 $402,100 $0 $0
2020 $5,406 $396,550 $0 $0
2019 $5,378 $387,640 $0 $0
2018 $5,102 $358,960 $0 $0
2017 $5,173 $351,580 $0 $0
2016 $5,280 $344,350 $185,000 $159,350
2015 $5,458 $341,960 $185,000 $156,960
2014 $5,504 $339,250 $185,000 $154,250
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 820493

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 23-36-34-26-00000.0-0008.00