NOT LISTED FOR SALE

5495 S Tropical Trail Merritt Island, FL 32952

Estimated Value: $4,478,000 - $5,383,589

4 Beds
5 Baths
6,132 Sq Ft
$804/Sq Ft Est. Value

Last Sold April 14, 2020

Last sale price $3,146,350 $513 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $28,837/month

Highlights

  • Boat Lift
  • Private Pool
  • View of Trees or Woods
  • New Construction
  • River Front
  • 5.62 Acre Lot

About This Home

As of April 2020

To-be built home on 5.62 Acres of River to River property. 5 bed, 4 bath with Mother-In-Law Suite and 4 car garage. 165 feet of Indian River and 40 feet of Banana River. Land Value ~$1M.

Last Agent to Sell the Property

Non-Member Non-Member Out Of Area

Non-MLS or Out of Area License #nonmls Listed on: 04/14/2020

Last Buyer's Agent

Stacy-anne Zeller

Compass Florida, LLC License #3439965

Compass Florida, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $34,490

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 5.62 Acre Lot
  • River Front
  • Dirt Road
  • East Facing Home
  • Few Trees

Parking

  • 4 Car Attached Garage

Property Views

  • Woods
  • Pool

Home Design

  • Metal Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 6,132 Sq Ft Home
  • 1-Story Property
  • Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Full Bathrooms

Outdoor Features

  • Private Pool
  • Boat Lift

Schools

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

Utilities

  • Septic Tank

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$34,490

Year Built

Built in 2021 | New Construction

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Year Built: 2021
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Few Trees
  • Road Surface Type: Dirt
  • Reso View: Pool, Trees/Woods
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: None
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: Yes
  • Location Tax and Legal Elementary School: Tropical
  • Location Tax and Legal Middle School2: Jefferson
  • Location Tax and Legal High School: Merritt Island
  • General Property Information Living Area2: 6132.0
  • General Property Information Building Area Total3: 9298.0
  • General Property Information Lot Size Acres: 5.62
  • General Property Information Lot Size Square Feet2: 244807.0
  • General Property Information New Construction YN: Yes
  • General Property Information Waterfront YN: Yes
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: East
  • Levels One: Yes
  • Pool Features Private: Yes
  • View Pool: Yes
  • General Property Information Carport YN2: No
  • View TreesWoods: Yes
  • Exterior Features Boat Lift: Yes
  • Road Surface Type Dirt: Yes
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Other
  • Flooring: Other
  • Appliances: Other
  • Full Bathrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: Other
  • ResoLivingAreaSource: Other

Exterior Features

  • Exterior Features: Boat Lift
  • Pool Features: Private
  • Roof: Metal
  • Acres: 5.62
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: East
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Lot Features:Few Trees: Yes
  • Waterfront Features:River Front: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Parking Features: Attached
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 4.0
  • Parking Features:Attached: Yes

Utilities

  • Sewer Septic Tank: 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

  • Lot Size Sq Ft: 244807.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

MLS Schools

  • Elementary School: Tropical
  • High School: Merritt Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 26, 2025
Sold by
Laurette T Koellner Irrevocable Trust and Victor K Koellner Irrevocable Trust
Bought by
Victor K Koellner K and Victor Laurette T
Current Estimated Value
$4,930,795

Purchase Details

Listed on
Jun 21, 2019
Closed on
Jul 26, 2019
Sold by
Painter Larry Creighton
Bought by
Irrevocabl Koellner Victor K
Seller's Agent
Eva McMillan
Dale Sorensen Real Estate Inc.
Buyer's Agent
Stacy-anne Zeller
Compass Florida, LLC
List Price
$1,350,000
Sold Price
$1,350,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.59%

Purchase Details

Closed on
Apr 14, 2000
Sold by
Strickland Harlis Donald
Bought by
Painter Larry Creighton

Purchase Details

Closed on
Apr 10, 2000
Sold by
Strickland Wesley Todd
Bought by
Strickland Deloris Rollins

Purchase Details

Closed on
Dec 20, 1995
Sold by
Strickland Deloris R
Bought by
Thurmond M Stafford

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
7.33%
Mortgage Type
Purchase Money Mortgage
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
Victor K Koellner K $2,300,000 None Listed On Document
Victor K Koellner K $2,300,000 None Listed On Document
Irrevocabl Koellner Victor K $1,350,000 Supreme Title Solutions Llc
Painter Larry Creighton $680,000 --
Strickland Deloris Rollins -- --
Strickland Deloris Rollins -- --
Thurmond M Stafford $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Thurmond M Stafford $96,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/16/2023 12/16/23 Off Market $3,146,350 -- --
12/16/2023 12/16/23 Off Market $1,350,000 -- --
04/14/2020 04/14/20 Sold $3,146,350 0.0% $513 / Sq Ft
04/14/2020 04/14/20 Pending -- -- --
04/14/2020 04/14/20 For Sale $3,146,350 +133.1% $513 / Sq Ft
07/26/2019 07/26/19 Sold $1,350,000 0.0% $384 / Sq Ft View Prior Sale
06/21/2019 06/21/19 Pending -- -- --
06/21/2019 06/21/19 For Sale $1,350,000 -- $384 / 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 $34,490 $2,956,050 -- --
2024 $34,449 $2,872,750 -- --
2023 $34,449 $2,789,080 $0 $0
2022 $14,138 $1,313,190 $0 $0
2021 $12,974 $993,620 $989,530 $4,090
2020 $15,643 $1,121,100 $837,430 $283,670
2019 $11,493 $828,210 $0 $0
2018 $11,583 $812,770 $0 $0
2017 $11,803 $796,060 $0 $0
2016 $12,088 $779,690 $700,080 $79,610
2015 $12,525 $774,280 $700,070 $74,210
2014 $12,647 $768,140 $700,070 $68,070
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2020

    Non-Member Non-Member Out Of Area

    Non-MLS or Out of Area

  • Stacy-anne Zeller

    Buyer's Agent in 2020

    Stacy-anne Zeller

    Compass Florida, LLC

    (321) 785-7653

    15 in this area

    32 Total Sales

    Stacy-anne Zeller
    Section Image
  • Eva McMillan

    Seller's Agent in 2019

    Eva McMillan

    Dale Sorensen Real Estate Inc.

    (772) 584-0412

    12 in this area

    60 Total Sales

    Eva McMillan
    Section Image
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Map

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

MLS Number: 873306

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 25-37-31-00-00056.0-0000.00

Florida Brevard County Merritt Island 32952

5495 S Tropical Trail, Merritt Island, FL

Not Listed for Sale

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