NOT LISTED FOR SALE

5375 Freedom Ln Merritt Island, FL 32952

Estimated Value: $980,000 - $1,387,000

-- Bed
-- Bath
-- Sq Ft
1.01 Acres

Last Sold July 31, 2020

Last sale price $157,500

Est. 638% increase in value since last sale

Current estimated payment $6,847/month

220 Days on Market

About This Home

As of July 2020

Highly desired South Merritt Island 1.0 acre lot on private lane with NO HOA. Two miles south of South Tropical/Courtenay intersection. Lot contains several mature Live Oaks on property. Come build your dream home. Call property owner with questions.

Last Agent to Sell the Property

Ralph Harvey

ListWithFreedom.com License #3337811 Listed on: 05/11/2020

ListWithFreedom.com

Last Buyer's Agent

Becky Schryer

Pastermack Real Estate License #3066656

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,206

Lot Details

  • 1.01 Acre Lot

Schools

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

Listing and Financial Details

  • Assessor Parcel Number 25-37-31-00-00072.0-0000.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,206

Lot Details

0

Listing Details

  • Property Type: Land
  • Reso Property Sub Type: Unimproved Land
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: None
  • Location Tax and Legal Parcel Number2: 25-37-31-00-00072.0-0000.00
  • 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: 1205.65
  • Location Tax and Legal Tax Year2: 2019
  • General Property Information Lot Size Acres: 1.01
  • General Property Information Lot Size Square Feet2: 43996.0
  • General Property Information Senior Community YN: No
  • Utilities Electricity Connected: Yes
  • Special Features: None
  • Property Sub Type: Detached

Exterior Features

  • Acres: 1.01

Utilities

  • Utilities: Electricity Connected

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Jefferson

Lot Info

  • Current Use: Residential, Single Family
  • Lot Size Sq Ft: 43996.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 25-37-31-00-00072.0-0000.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 1205.65

MLS Schools

  • Elementary School: Tropical
  • High School: Merritt Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2020
Closed on
Jul 31, 2020
Sold by
Main Richard L and Main Karen M
Bought by
Jenkins Rocky S and Jenkins Tammy J
Seller's Agent
Ralph Harvey
ListWithFreedom.com
Buyer's Agent
Becky Schryer
Pastermack Real Estate
List Price
$165,000
Sold Price
$157,500
Premium/Discount to List
-$7,500
-4.55%
Current Estimated Value
$1,162,802

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,005,302
Avg. Annual Appreciation
45.41%
Original Mortgage
$118,125
Outstanding Balance
$104,979
Interest Rate
3.1%
Mortgage Type
Commercial
Estimated Equity
$1,057,823

Purchase Details

Listed on
Dec 4, 2018
Closed on
May 14, 2019
Sold by
Long Matthew
Bought by
Maln Richard L and Main Karen M
Seller's Agent
Herve Barbera
Beycome of Florida LLC
Buyer's Agent
Herve Barbera
Beycome of Florida LLC
List Price
$189,500
Sold Price
$152,500
Premium/Discount to List
-$37,000
-19.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.70%

Purchase Details

Listed on
Jun 25, 2012
Closed on
Apr 19, 2013
Sold by
Kronfield Frank
Bought by
Long Matthew
Seller's Agent
Linda Case
Coville Getz & Co LLC
Buyer's Agent
Linda Case
Coville Getz & Co LLC
List Price
$19,900
Sold Price
$105,000
Premium/Discount to List
$85,100
427.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.33%
Original Mortgage
$50,000
Interest Rate
3.65%

Purchase Details

Closed on
Jul 29, 2005
Sold by
Mehta Kanakrai L and Mehta Rita
Bought by
Kronfield Frank

Purchase Details

Closed on
Feb 15, 2001
Sold by
Lueck Ronald
Bought by
Mehta Kanakrai L and Mehta Rita
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Jenkins Rocky S $157,500 Alliance Title Ins Agcy Inc
Jenkins Rocky S $157,500 Alliance Title Of The Treasure
Maln Richard L $152,500 Alliance Title Ins Agcy Inc
Long Matthew $105,000 Alliance Title Insurance Age
Kronfield Frank $275,000 Fidelity Land Title & Escrow
Mehta Kanakrai L $76,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jenkins Rocky S $118,125
Closed Jenkins Rocky S $118,125
Previous Owner Long Matthew $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/31/2020 07/31/20 Sold $157,500 -4.5% --
06/15/2020 06/15/20 Pending -- -- --
05/11/2020 05/11/20 For Sale $165,000 +4.8% --
05/08/2020 05/08/20 Off Market $157,500 -- --
11/07/2019 11/07/19 For Sale $165,000 +8.2% --
05/16/2019 05/16/19 Sold $152,500 -19.5% -- View Prior Sale
12/04/2018 12/04/18 For Sale $189,500 +80.5% --
04/19/2013 04/19/13 Sold $105,000 +427.6% -- View Prior Sale
04/05/2013 04/05/13 Pending -- -- --
06/23/2012 06/23/12 For Sale $19,900 -- --
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 $8,682 $690,870 -- --
2024 $2,064 $697,810 -- --
2023 $2,064 $145,000 $145,000 $0
2022 $1,724 $145,000 $0 $0
2021 $1,731 $132,000 $132,000 $0
2020 $1,550 $115,000 $115,000 $0
2019 $1,256 $90,000 $90,000 $0
2018 $1,292 $90,000 $90,000 $0
2017 $1,333 $22,500 $0 $0
2016 $1,258 $80,000 $80,000 $0
2015 $1,314 $80,000 $80,000 $0
2014 $1,338 $80,000 $80,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 860277

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 25-37-31-00-00072.0-0000.00