5401 S Tropical Trail Merritt Island, FL 32952
Estimated Value: $809,189 - $1,303,000
--
Bed
--
Bath
2,650
Sq Ft
$407/Sq Ft
Est. Value
About This Home
This home is located at 5401 S Tropical Trail, Merritt Island, FL 32952 and is currently estimated at $1,077,797, approximately $406 per square foot. 5401 S Tropical Trail is a home with nearby schools including Tropical Elementary School, Thomas Jefferson Middle School, and Merritt Island High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 19, 2019
Sold by
Erdman Michael H and Erdman Fredrika
Bought by
Erdman Michael Hull
Current Estimated Value
Purchase Details
Closed on
Dec 2, 1999
Sold by
Dwyer John Joseph
Bought by
Erdman Ii Michael H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Outstanding Balance
$50,390
Interest Rate
7.94%
Estimated Equity
$1,027,407
Purchase Details
Closed on
Sep 16, 1994
Sold by
Godinet Thong Dee
Bought by
Erdman Michael H and Erdman Fredricka
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
8.51%
Mortgage Type
Purchase Money Mortgage
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Erdman Michael Hull | -- | None Available | |
| Erdman Ii Michael H | $200,000 | -- | |
| Erdman Michael H | $65,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Erdman Ii Michael H | $160,000 | |
| Previous Owner | Erdman Michael H | $50,000 |
Source: Public Records
Tax History Compared to Growth
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 | $6,782 | $553,300 | -- | -- |
| 2024 | $6,743 | $537,710 | -- | -- |
| 2023 | $6,743 | $522,050 | $0 | $0 |
| 2022 | $6,315 | $506,850 | $0 | $0 |
| 2021 | $6,662 | $492,090 | $132,000 | $360,090 |
| 2020 | $1,802 | $115,000 | $115,000 | $0 |
| 2019 | $1,256 | $90,000 | $90,000 | $0 |
| 2018 | $1,292 | $90,000 | $90,000 | $0 |
| 2017 | $1,331 | $22,500 | $0 | $0 |
| 2016 | $1,257 | $80,000 | $80,000 | $0 |
| 2015 | $1,247 | $80,000 | $80,000 | $0 |
| 2014 | $1,209 | $80,000 | $80,000 | $0 |
Source: Public Records
Map
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