NOT LISTED FOR SALE

5425 S Tropical Trail Merritt Island, FL 32952

Estimated Value: $754,000 - $1,085,000

4 Beds
3.5 Baths
2,681 Sq Ft
$347/Sq Ft Est. Value

Last Sold April 13, 2015

Last sale price $360,000 $134 Per Sq Ft

Est. 158% increase in value since last sale

Current estimated payment $5,868/month

95 Days on Market

Highlights

  • Boat Dock
  • 2.1 Acre Lot
  • No HOA
  • River View
  • Main Floor Primary Bedroom
  • Home Office

About This Home

As of April 2015

2 story 4 bed 3.5 bath home built in 1976 on a secluded 2.1 acre double flag lot, old citrus grove. This tropical oasis has access to both the Banana and Indian Rivers, with a private dock on the Banana River side. Neutrally painted,carpeted and tiled throughout. A blank canvas for you to work with and priced accordingly. You can update now or move-in and take your time. Need a loan? The VA loan on this property may be assumable if you qualify.
Come and view today!
NEW! The seller is willing to offer a $50,000 rebate for a full price offer, if the buyer qualifies for a loan and wants to incorporate updates into the loan.

Last Agent to Sell the Property

Susan Goldthorp

Visulate LLC License #3222516 Listed on: 02/04/2014

Last Buyer's Agent

Susan Goldthorp

Visulate LLC License #3222516 Listed on: 02/04/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $530

Year Built

  • Built in 1976

Lot Details

  • 2.1 Acre Lot
  • River Front
  • East Facing Home
  • Flag Lot
  • Few Trees

Parking

  • 2 Car Attached Garage
  • Circular Driveway

Home Design

  • Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2,681 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Wood Burning Fireplace
  • Family Room
  • Home Office
  • Library
  • River Views

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Spa Bath

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Balcony
  • Shed
  • Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 25-37-31-00-00057.0-0000.00

Community Details

Overview

  • No Home Owners Association
  • Part Of Govt Lot 1 In Sec 31 Subdivision

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$530

Year Built

Built in 1976

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1976
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • ResoLotFeatures: Few Trees, Flag Lot, Other
  • Reso View: River
  • Reso Association Amenities: Boat Dock
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Part of Govt Lot 1 In Sec 31
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Other Structures: Shed(s)
  • Location Tax and Legal Parcel Number2: 25-37-31-00-00057.0-0000.00
  • 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: 529.97
  • Location Tax and Legal Tax Year2: 2013
  • General Property Information Living Area2: 2681.0
  • General Property Information Lot Size Acres: 2.1
  • General Property Information Lot Size Square Feet2: 81457.0
  • 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: East
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Pets Allowed Yes: Yes
  • Roof:Shingle: Yes
  • Utilities Electricity Connected: Yes
  • Flooring Carpet: Yes
  • Levels Two: Yes
  • General Property Information Carport YN2: No
  • Other Structures Shed(s): Yes
  • Utilities Water Available: Yes
  • Room Types Family Room: Yes
  • Room Types Laundry: Yes
  • Room Types Library: Yes
  • Room Types Office: Yes
  • General Property Information Lot Size Dimensions: 20.0 ft x 125.0 ft
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-in Features, Primary Downstairs, Split Bedrooms
  • Flooring: Carpet, Tile
  • Spa Features: Bath
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Refrigerator
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning, Other
  • ResoLivingAreaSource: PublicRecords
  • General Property Information Bathrooms Half: 1
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Interior Features:Primary Downstairs: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Built-in Features: Yes
  • Interior Features:Split Bedrooms: Yes
  • Spa Features:Bath: Yes
  • Fireplace Features:Wood Burning: Yes

Exterior Features

  • Exterior Features: Balcony
  • Pool Features: None
  • Roof: Shingle
  • Acres: 2.1
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Construction Type: Frame, Wood Siding
  • Direction Faces: East
  • Patio And Porch Features: Porch
  • Patio and Porch Features:Porch: Yes
  • Construction Materials:Frame: Yes
  • Construction Materials:Wood Siding: Yes
  • Exterior Features:Balcony: Yes
  • Lot Features:Other21: Yes
  • Lot Features:Few Trees: Yes
  • View:River: Yes
  • Lot Features:Flag Lot: Yes
  • Waterfront Features:River Front: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Circular Driveway
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Attached: Yes
  • Parking Features:Circular Driveway: Yes

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No
  • Association Amenities:Boat Dock: Yes

Schools

  • Middle Or Junior School: Jefferson

Lot Info

  • Lot Dimensions: 20.0 ft x 125.0 ft
  • Lot Size Sq Ft: 81457.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 25-37-31-00-00057.0-0000.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 529.97

MLS Schools

  • Elementary School: Tropical
  • High School: Merritt Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2014
Closed on
Apr 13, 2015
Sold by
Kane Dolores E
Bought by
Duren Joseph S and Calo Duren Deborah D
Seller's Agent
Susan Goldthorp
Visulate LLC
Buyer's Agent
Susan Goldthorp
Visulate LLC
List Price
$396,000
Sold Price
$360,000
Premium/Discount to List
-$36,000
-9.09%
Current Estimated Value
$929,877

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$569,877
Avg. Annual Appreciation
9.35%
Original Mortgage
$368,640
Outstanding Balance
$285,325
Interest Rate
3.89%
Estimated Equity
$644,552

Purchase Details

Closed on
Jan 5, 1998
Sold by
Kane Frank E and Kane Dolores E
Bought by
Kane Frank E and Kane Dolores E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Duren Joseph S $360,000 Attorney
Kane Frank E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Duren Joseph S $368,640
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/13/2015 04/13/15 Sold $360,000 -9.1% $134 / Sq Ft
05/10/2014 05/10/14 Pending -- -- --
02/04/2014 02/04/14 For Sale $396,000 -- $148 / 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
2025 $11,663 $424,810 -- --
2024 $11,623 $412,840 -- --
2023 $11,623 $400,820 $0 $0
2022 $4,504 $353,270 $0 $0
2021 $4,723 $342,990 $0 $0
2020 $4,660 $338,260 $0 $0
2019 $4,625 $330,660 $0 $0
2018 $4,646 $324,500 $0 $0
2017 $4,706 $317,830 $0 $0
2016 $4,799 $311,300 $136,000 $175,300
2015 $5,390 $297,300 $136,000 $161,300
2014 -- $277,160 $136,000 $141,160
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 688385

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 25-37-31-00-00057.0-0000.00