NOT LISTED FOR SALE

5389 Freedom Ln Merritt Island, FL 32952

Estimated Value: $215,621 - $269,000

-- Bed
-- Bath
-- Sq Ft
1 Acres

Last Sold January 27, 2021

Last sale price $162,000

Est. 47% increase in value since last sale

Current estimated payment $1,396/month

23 Days on Market

Highlights

  • 1 Acre Lot
  • No HOA
  • Many Trees

About This Home

As of January 2021

Build your dream home on this beautiful 1 acre parcel in a quiet area. This highly sought after subdivision is filled with beautiful old trees indigenous to Florida, wandering Peacocks! Nestled between the Intracoastal Waterway and the banana river. A two story build will surely afford you views of the river. Don't hesitate as this unique parcel surely will not last. The lot's four corners are demarcated by 4 feet sections of fencing, making it easy to identify the boundaries. Corner markings are approximate.

Last Agent to Sell the Property

Rula Rukab

Keller Williams Realty Brevard License #3459294 Listed on: 12/07/2020

Keller Williams Realty Brevard

Last Buyer's Agent

Rick Harris

Crossover Commercial Group, In License #3317425

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,432

Lot Details

  • 1 Acre Lot
  • Dirt Road
  • Cleared Lot
  • Many Trees
  • 87 Lots in the community

Schools

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

Community Details

  • No Home Owners Association
  • Part Of Govt Lot 4 Lying E Of Subdivision

Listing and Financial Details

  • Assessor Parcel Number 25-37-31-00-00087.0-0000.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,432

Lot Details

0

Listing Details

  • Property Type: Land
  • Reso Property Sub Type: Unimproved Land
  • ResoLotFeatures: Cleared, Few Trees, Many Trees
  • Road Surface Type: Dirt, Gravel, Paved
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Part of Govt Lot 4 Lying E of
  • Location Tax and Legal Parcel Number2: 25-37-31-00-00087.0-0000.00
  • 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: 1431.57
  • Location Tax and Legal Tax Year2: 2020
  • General Property Information Lot Size Acres: 1.0
  • General Property Information Lot Size Square Feet2: 43560.0
  • General Property Information Waterfront YN: No
  • General Property Information Senior Community YN: No
  • General Property Information Lot Size Dimensions: 177.8 ft. wide by 245 ft. deep.
  • General Property Information Number Of Lots2: 87.0
  • Road Surface Type Dirt: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Exterior Features

  • Acres: 1.0
  • Waterfront: No
  • Lot Features:Few Trees: Yes
  • Lot Features:Many Trees: Yes
  • Lot Features:Cleared: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: Jefferson

Lot Info

  • Number Of Lots: 87
  • Current Use: Residential, Single Family
  • Lot Dimensions: 177.8 ft. wide by 245 ft. deep.
  • Lot Size Sq Ft: 43560.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 25-37-31-00-00087.0-0000.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 1431.57

MLS Schools

  • Elementary School: Tropical
  • High School: Merritt Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2020
Closed on
Jan 27, 2021
Sold by
Chaffiot Victor A and Chaffiot Patricia B
Bought by
Drinkwater Paul and Drinkwater Valerie
Seller's Agent
Rula Rukab
Keller Williams Realty Brevard
Buyer's Agent
Rick Harris
Crossover Commercial Group, In
List Price
$173,000
Sold Price
$162,000
Premium/Discount to List
-$11,000
-6.36%
Current Estimated Value
$237,540

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,540
Avg. Annual Appreciation
8.26%

Purchase Details

Closed on
Jan 6, 2006
Sold by
Hernandez Victor and Hernandez Kathy
Bought by
Chaffiot Victor A and Chaffiot Patricia B
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
Drinkwater Paul $162,000 Federal Title Ins Agcy Inc
Chaffiot Victor A $200,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/27/2021 01/27/21 Sold $162,000 -6.4% --
12/31/2020 12/31/20 Pending -- -- --
12/07/2020 12/07/20 For Sale $173,000 -- --
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 $1,734 $933,740 -- --
2024 $1,786 $145,000 -- --
2023 $1,786 $145,000 $145,000 $0
2022 $1,723 $145,000 $0 $0
2021 $1,565 $132,000 $132,000 $0
2020 $1,432 $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 $1,721 $105,000 $105,000 $0
2014 $1,753 $105,000 $105,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Rula Rukab

    Seller's Agent in 2021

    Rula Rukab

    Keller Williams Realty Brevard

    (904) 993-1976

    1 in this area

    27 Total Sales

    Rula Rukab
    Section Image
  • Rick Harris

    Buyer's Agent in 2021

    Rick Harris

    Crossover Commercial Group, In

    (321) 480-9318

    4 in this area

    36 Total Sales

    Rick Harris
    Section Image

  • R

    Buyer's Agent in 2021

    Richard Harris

    Pytha Realty Group

See All Agents

Map

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

MLS Number: 891790

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 25-37-31-00-00087.0-0000.00

Florida Brevard County Merritt Island 32952

5389 Freedom Ln, Merritt Island, FL

Not Listed for Sale

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.

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