550 E Merrimac Dr Merritt Island, FL 32952
4
Beds
2
Baths
1,349
Sq Ft
7,841
Sq Ft Lot
Highlights
- River Front
- Sun or Florida Room
- Breakfast Area or Nook
- Canal View
- No HOA
- Screened Porch
About This Home
As of June 2025Wonderful Location in an A+ school district. One owner home. Excellent opportunity to make this home yours! This is a 4 bedroom two bath home with a two car attached garage. Home needs updating but clean and well taken care of! Backyard setting that overlooks a canal which is perfect for kayaking and paddle boarding. Relax and enjoy seeing beautiful Florida sunsets and rocket launches from this home. Good size yard, you can add your own pool, a Jacuzzi or just enjoy some gardening! Possibilities are endless! Excellent location, minutes from beautiful beaches, close to jobs, shopping, restaurants, schools, Kennedy Space Center, Orlando airport is just 40 minutes away, 50 minutes to Universal and Disney Amusement Parks. Home will sell fast!
Last Agent to Sell the Property
RE/MAX Solutions License #3223057 Listed on: 09/17/2021
Co-Listed By
Ryan Detwiler
RE/MAX Solutions
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,073
Year Built
- Built in 1977
Lot Details
- 7,841 Sq Ft Lot
- River Front
- Home fronts a canal
- West Facing Home
- Wood Fence
Parking
- 2 Car Attached Garage
Home Design
- Shingle Roof
- Concrete Siding
- Block Exterior
- Asphalt
- Stucco
Interior Spaces
- 1,349 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Sun or Florida Room
- Screened Porch
- Canal Views
- Washer and Gas Dryer Hookup
Kitchen
- Breakfast Area or Nook
- Electric Range
- Ice Maker
- Dishwasher
- Disposal
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
- Bathtub and Shower Combination in Primary Bathroom
Outdoor Features
- Patio
Schools
- Tropical Elementary School
- Jefferson Middle School
- Merritt Island High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Community Details
- No Home Owners Association
- Gateway Unit 2, Revised Association
- Gateway Unit 2 Revised Subdivision
Listing and Financial Details
- Assessor Parcel Number 24-37-31-76-0000e.0-0055.00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 6, 2025
Closed on
Jun 18, 2025
Sold by
Wilcox Don S and Fowler Larry L
Bought by
Ward Scott Thomas and Ward Deborah Ann
Seller's Agent
Anna-May Smith
Florida East Coast Real Estate
Buyer's Agent
Anna-May Smith
Florida East Coast Real Estate
List Price
$399,000
Sold Price
$374,000
Premium/Discount to List
-$25,000
-6.27%
Views
77
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.14%
Purchase Details
Listed on
Sep 17, 2021
Closed on
Oct 20, 2021
Sold by
Mcmahon Elleen M and Mcmahon Robert J
Bought by
Wilcox Don S and Fowler Larry L
Seller's Agent
Deborah Detwiler
RE/MAX Solutions
Buyer's Agent
Anna-May Smith
Florida East Coast Real Estate
List Price
$299,900
Sold Price
$270,000
Premium/Discount to List
-$29,900
-9.97%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.31%
Purchase Details
Closed on
Nov 25, 2003
Sold by
Mcmahon Coletta M
Bought by
Mcmahon Coletta M and Mcmahon James E
Similar Homes in Merritt Island, FL
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $374,000 | Title Station | |
| Warranty Deed | $374,000 | Title Station | |
| Warranty Deed | $270,000 | Island T&E Agcy Inc | |
| Warranty Deed | -- | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $40,000 | Stand Alone Second |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/18/2025 06/18/25 | Sold | $374,000 | -6.3% | $277 / Sq Ft |
| 05/06/2025 05/06/25 | For Sale | $399,000 | +47.8% | $296 / Sq Ft |
| 10/20/2021 10/20/21 | Sold | $270,000 | -1.8% | $200 / Sq Ft |
| 10/02/2021 10/02/21 | Pending | -- | -- | -- |
| 10/01/2021 10/01/21 | Price Changed | $275,000 | -8.3% | $204 / Sq Ft |
| 09/17/2021 09/17/21 | For Sale | $299,900 | -- | $222 / Sq Ft |
Source: Space Coast MLS (Space Coast Association of REALTORS®)
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 |
|---|---|---|---|---|
| 2023 | $3,262 | $258,590 | $120,750 | $137,840 |
| 2022 | $3,247 | $268,230 | $0 | $0 |
| 2021 | $2,111 | $161,150 | $0 | $0 |
| 2020 | $2,073 | $158,930 | $0 | $0 |
| 2019 | $2,018 | $155,360 | $0 | $0 |
| 2018 | $2,019 | $152,470 | $45,000 | $107,470 |
| 2017 | $893 | $70,670 | $0 | $0 |
| 2016 | $902 | $69,220 | $25,000 | $44,220 |
| 2015 | $911 | $68,740 | $20,000 | $48,740 |
| 2014 | $916 | $68,200 | $20,000 | $48,200 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2025
Anna-May Smith
Florida East Coast Real Estate
(321) 446-3418
4 in this area
14 Total Sales
-
Seller's Agent in 2021
Deborah Detwiler
RE/MAX
(321) 794-7800
10 in this area
79 Total Sales
-
R
Seller Co-Listing Agent in 2021
Ryan Detwiler
RE/MAX
Map
Source: Space Coast MLS (Space Coast Association of REALTORS®)
MLS Number: 915888
APN: 24-37-31-76-0000E.0-0055.00
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Information is deemed reliable but not guaranteed.
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