NOT LISTED FOR SALE

55 S Tropical Way Merritt Island, FL 32952

Estimated Value: $308,000 - $321,000

3 Beds
2 Baths
1,286 Sq Ft
$244/Sq Ft Est. Value

Last Sold March 11, 2024

Last sale price $330,000 $257 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $1,895/month

102 Days on Market

Highlights

  • View of Trees or Woods
  • Great Room
  • 2 Car Attached Garage
  • Wooded Lot
  • No HOA
  • Courtyard

About This Home

As of March 2024

Welcome to this private, tropical paradise in Merritt Island with tons of character and possibilities. This lovely home has an open floor plan and the updated, bright kitchen has new cabinets and granite. The home has a NEW ROOF 2022, new flooring in the primary bedroom, fresh paint throughout. Tropical Gardens surround the enclosed Florida room and fenced back yard. The outdoor entertainment boasts of pavers and a tiki bar and a fire pit to enjoy. Merritt Island is desirable and convenient, minutes to the beach and minutes to Historical Cocoa Village. You'll love this oasis tucked away in the heart of Merritt Island.

Last Agent to Sell the Property

Lorri Esty

EXIT 1st Class Realty Listed on: 11/08/2023

Last Buyer's Agent

Lorri Esty

EXIT 1st Class Realty Listed on: 11/08/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,009

Year Built

  • Built in 1965

Lot Details

  • 7,405 Sq Ft Lot
  • East Facing Home
  • Wooded Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Asphalt
  • Stucco

Interior Spaces

  • 1,286 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Great Room
  • Family Room
  • Views of Woods

Kitchen

  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Laundry in Garage
  • Dryer
  • Washer
  • Sink Near Laundry

Outdoor Features

  • Courtyard

Schools

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

Utilities

  • Central Heating
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Tropical Gardens Association
  • Tropical Gardens Subdivision

Listing and Financial Details

  • Assessor Parcel Number 25-36-02-28-0000b.0-0008.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,009

Year Built

Built in 1965

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1965
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, In Garage, Sink, Washer Hookup
  • ResoLotFeatures: Wooded
  • Road Surface Type: Asphalt
  • Reso View: Trees/Woods
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Tropical Gardens
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 25-36-02-28-0000b.0-0008.00
  • 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: 2009.07
  • Location Tax and Legal Tax Year2: 2023
  • General Property Information Living Area2: 1286.0
  • General Property Information Building Area Total3: 1770.0
  • General Property Information Lot Size Acres: 0.17
  • General Property Information Lot Size Square Feet2: 7405.0
  • General Property Information New Construction YN: No
  • General Property Information Waterfront YN: No
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: East
  • Appliances Microwave: Yes
  • Flooring Laminate: Yes
  • Flooring Tile: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Levels One: Yes
  • Pets Allowed Yes: Yes
  • Road Surface Type Asphalt: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Laundry Features Sink: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • Room Types Great Room: Yes
  • Room Types Family Room: Yes
  • View TreesWoods: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Ceiling Fan(s), Kitchen Island, Pantry, Primary Downstairs, Split Bedrooms
  • Flooring: Laminate, Tile
  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Split Bedrooms: Yes

Exterior Features

  • Exterior Features: Courtyard
  • Pool Features: None
  • Roof: Shingle
  • Acres: 0.17
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: East
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Lot Features:Wooded: Yes
  • Exterior Features:Courtyard: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Laundry Features:In Garage: Yes
  • Parking Features:Attached: Yes

Utilities

  • Utilities: Cable Available, Electricity Connected
  • Heating: Central, Electric
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: One Time
  • Association Name: TROPICAL GARDENS
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No
  • General Property Information:Association Name: TROPICAL GARDENS
  • General Property Information:Association Fee Frequency: One Time

Schools

  • Middle Or Junior School: Jefferson

Lot Info

  • Lot Size Sq Ft: 7405.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2501544
  • Parcel #: 25-36-02-28-0000b.0-0008.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Partially

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2009.07

MLS Schools

  • Elementary School: Tropical
  • High School: Merritt Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2023
Closed on
Mar 12, 2024
Sold by
Howes Mariana
Bought by
Myers Maria A
Seller's Agent
Lorri Esty
EXIT 1st Class Realty
Buyer's Agent
Lorri Esty
EXIT 1st Class Realty
List Price
$360,000
Sold Price
$330,000
Premium/Discount to List
-$30,000
-8.33%
Views
70
Current Estimated Value
$314,357

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,643
Avg. Annual Appreciation
-3.99%
Original Mortgage
$180,000
Outstanding Balance
$177,868
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$133,459

Purchase Details

Listed on
Aug 17, 2022
Closed on
Oct 6, 2022
Sold by
Souder Kenneth and Souder Donna
Bought by
Howes Mariana
Seller's Agent
The G2 Group
Florida East Coast Real Estate
Buyer's Agent
Mariana Howes
Exit 1st Class Realty
List Price
$310,000
Sold Price
$286,000
Premium/Discount to List
-$24,000
-7.74%
Views
14

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.68%

Purchase Details

Listed on
Feb 2, 2012
Closed on
Apr 3, 2012
Sold by
Deutsche Bank Trust Company Americas
Bought by
Souder Kenneth
Seller's Agent
Josephine Carpenter
Atlantic Real Estate Brokerage
Buyer's Agent
Josephine Carpenter
Atlantic Real Estate Brokerage
List Price
$79,900
Sold Price
$70,100
Premium/Discount to List
-$9,800
-12.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.30%

Purchase Details

Closed on
Dec 27, 2011
Sold by
Haas David P and Florida Capital Mortgage Co
Bought by
Deutsche Bank Trust Company Americas

Purchase Details

Closed on
Aug 5, 2004
Sold by
Smithson Robert L and Smithson Linda A
Bought by
Haas David P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,900
Interest Rate
8.62%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Feb 27, 2002
Sold by
Thibideau Christopher E and Thibideau Mary Anne
Bought by
Smithson Robert L and Smithson Linda A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,138
Interest Rate
6.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 24, 1999
Sold by
Anderson Ernest S and Anderson Edith M
Bought by
Thibideau Christopher E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,928
Interest Rate
8.22%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Myers Maria A $330,000 None Listed On Document
Howes Mariana $286,000 Prestige Title
Souder Kenneth $70,100 Attorney
Deutsche Bank Trust Company Americas $180,300 Attorney
Haas David P $158,900 Fidelity National Title Ins
Smithson Robert L $94,000 --
Thibideau Christopher E $76,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Myers Maria A $180,000
Previous Owner Haas David P $188,800
Previous Owner Haas David P $11,800
Previous Owner Haas David P $158,900
Previous Owner Smithson Robert L $87,138
Previous Owner Thibideau Christopher E $83,611
Previous Owner Thibideau Christopher E $77,928
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2024 03/11/24 Sold $330,000 -8.3% $257 / Sq Ft
02/19/2024 02/19/24 Pending -- -- --
11/08/2023 11/08/23 For Sale $360,000 +25.9% $280 / Sq Ft
10/12/2022 10/12/22 Sold $286,000 -7.7% $222 / Sq Ft
09/06/2022 09/06/22 Pending -- -- --
08/17/2022 08/17/22 For Sale $310,000 0.0% $241 / Sq Ft
08/06/2022 08/06/22 Pending -- -- --
07/20/2022 07/20/22 Price Changed $310,000 -8.8% $241 / Sq Ft
07/01/2022 07/01/22 For Sale $339,900 +384.9% $264 / Sq Ft
04/09/2012 04/09/12 Sold $70,100 -12.3% $55 / Sq Ft
03/27/2012 03/27/12 Pending -- -- --
02/02/2012 02/02/12 For Sale $79,900 -- $62 / 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
2023 $2,093 $162,960 $0 $0
2022 $2,501 $190,680 $0 $0
2021 $2,449 $167,960 $97,000 $70,960
2020 $2,192 $139,680 $66,000 $73,680
2019 $2,134 $144,390 $66,000 $78,390
2018 $2,004 $128,970 $46,000 $82,970
2017 $1,919 $118,290 $44,000 $74,290
2016 $1,797 $100,990 $30,000 $70,990
2015 $1,629 $74,720 $23,000 $51,720
2014 $1,537 $67,930 $23,000 $44,930
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

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

MLS Number: 979787

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 25-36-02-28-0000B.0-0008.00