NOT LISTED FOR SALE

550 Lucas Place Merritt Island, FL 32953

Estimated Value: $183,531 - $233,000

0.78 Acre
$265,612 Price per Acre
33,977 Sq Ft Lot

Last Sold January 13, 2023

Last sale price $180,000

Est. 15% increase in value since last sale

Current estimated payment $1,237/month

245 Days on Market

Highlights

  • Corner Lot
  • Cul-De-Sac
  • Many Trees

About This Lot

As of January 2023

Build your dream home on this rare .78 acre waterfront lot in central Merritt Island. No HOA or Deed Restrictions so bring your boat or RV, too. Lot is high and dry with no clearing or fill needed with City Water. Property is lined with Foxtail Palms, and also features an Artesian Well that can be utilized for irrigating the landscaping at no cost which is located on the back of the lot. Backyard has a beautiful pond view. This lot is at the end of a cul-de-sac in a quiet, established neighborhood, next to expensive Riverfront Properties.

Last Agent to Sell the Property

Manny Canha

Blue Marlin Real Estate License #3400243 Listed on: 04/06/2022

Blue Marlin Real Estate

Last Buyer's Agent

Non-Member Non-Member Out Of Area

Non-MLS or Out of Area License #nonmls

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,642

Lot Details

  • Cul-De-Sac
  • Street terminates at a dead end
  • Corner Lot
  • Cleared Lot
  • Many Trees

Schools

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

Utilities

  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 24-36-22-00-00794.3-0000.00

Property Details

Property Type

Land

Est. Annual Taxes

$1,642

Lot Details

0

Listing Details

  • Property Type: Land
  • Reso Property Sub Type: Unimproved Land
  • ResoLotFeatures: Cleared, Corner Lot, Cul-De-Sac, Dead End Street, Many Trees
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: None
  • Location Tax and Legal Parcel Number2: 24-36-22-00-00794.3-0000.00
  • Location Tax and Legal Elementary School: Mila
  • Location Tax and Legal Middle School2: Jefferson
  • Location Tax and Legal High School: Merritt Island
  • General Property Information Senior Community YN: No
  • Lot Features Dead End Street: Yes
  • Utilities Cable Available: Yes
  • Utilities Water Available: Yes
  • Utilities Sewer Available: Yes
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features:Cul-De-Sac: Yes
  • Lot Features:Corner Lot: Yes
  • Lot Features:Many Trees: Yes
  • Lot Features:Cleared: Yes

Utilities

  • Utilities: Cable Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Jefferson

Lot Info

  • Current Use: Residential
  • Parcel #: 24-36-22-00-00794.3-0000.00

MLS Schools

  • Elementary School: Mila
  • High School: Merritt Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2022
Closed on
Jan 13, 2023
Sold by
Porter Sergio and Porter Sherri
Bought by
Kopcio Debra and Kopcio Callie
Seller's Agent
Manny Canha
Blue Marlin Real Estate
Buyer's Agent
Non-Member Non-Member Out Of Area
Non-MLS or Out of Area
List Price
$250,000
Sold Price
$180,000
Premium/Discount to List
-$70,000
-28%
Views
16
Current Estimated Value
$207,177

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,177
Avg. Annual Appreciation
5.23%

Purchase Details

Listed on
Jan 8, 2021
Closed on
Apr 30, 2021
Sold by
Kdh Investments Llc
Bought by
Porter Sergio and Porter Sherri
Seller's Agent
Rhonda Pavone
RE/MAX Aerospace Realty
Buyer's Agent
Kristen Romandetti
Keller Williams Realty Brevard
List Price
$169,000
Sold Price
$158,000
Premium/Discount to List
-$11,000
-6.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.92%
Original Mortgage
$126,400
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 20, 2020
Sold by
Lovett Edward T and Lovett Edward
Bought by
Kdh Investments Llc

Purchase Details

Closed on
Aug 3, 2018
Sold by
Blue Origin Llc
Bought by
Lovett Edward T

Purchase Details

Closed on
Mar 1, 2018
Sold by
Mlew Llc
Bought by
Blue Origin Llc

Purchase Details

Closed on
Dec 13, 2017
Sold by
Adjordmin Llc
Bought by
Mlew Llc

Purchase Details

Closed on
Nov 18, 2017
Sold by
Mobley Edgar Lee
Bought by
Adjerdmin Llc

Purchase Details

Closed on
Apr 9, 2015
Sold by
Mobley Edgar Lee
Bought by
Mobley Edgar Lee and Hultgren Jennifer Inger

Purchase Details

Closed on
Aug 25, 2010
Sold by
Mobley Edgar Lee
Bought by
Mobley Edgar Lee
Source: Public Records

Range of Values:

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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
Kopcio Debra $180,000 Dockside Title
Porter Sergio $158,000 Supreme Title Closings Llc
Kdh Investments Llc $130,000 Fidelity Natl Ttl Of Fl Inc
Kdh Investments Llc $130,000 Fidelity National Title
Lovett Edward T -- Attorney
Blue Origin Llc -- Attorney
Mlew Llc -- Attorney
Adjerdmin Llc $40,000 Star Title
Mobley Edgar Lee -- None Available
Mobley Edgar Lee -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Porter Sergio $126,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/13/2023 01/13/23 Sold $180,000 -3.7% --
12/08/2022 12/08/22 Pending -- -- --
11/18/2022 11/18/22 Price Changed $186,998 0.0% --
10/26/2022 10/26/22 Price Changed $186,999 0.0% --
08/04/2022 08/04/22 Price Changed $187,000 -1.1% --
07/07/2022 07/07/22 Price Changed $189,000 -4.5% --
06/11/2022 06/11/22 Price Changed $198,000 -15.7% --
05/30/2022 05/30/22 Price Changed $234,999 0.0% --
05/22/2022 05/22/22 Price Changed $235,000 -4.1% --
04/15/2022 04/15/22 Price Changed $245,000 -2.0% --
04/06/2022 04/06/22 For Sale $250,000 +58.2% --
04/30/2021 04/30/21 Sold $158,000 -6.5% -- View Prior Sale
03/20/2021 03/20/21 Pending -- -- --
01/08/2021 01/08/21 For Sale $169,000 -- --
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 $1,642 $137,500 -- --
2024 $1,660 $137,500 -- --
2023 $1,660 $135,000 $135,000 $0
2022 $1,603 $135,000 $0 $0
2021 $1,474 $112,500 $112,500 $0
2020 $896 $75,150 $75,150 $0
2019 $557 $40,000 $40,000 $0
2018 $488 $34,000 $34,000 $0
2017 $407 $7,000 $0 $0
2016 $378 $24,000 $24,000 $0
2015 $395 $24,000 $24,000 $0
2014 -- $24,000 $24,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Manny Canha

    Seller's Agent in 2023

    Manny Canha

    Blue Marlin Real Estate

    (440) 320-0022

    34 in this area

    114 Total Sales

    Manny Canha
    Section Image

  • N

    Buyer's Agent in 2023

    Non-Member Non-Member Out Of Area

    Non-MLS or Out of Area

  • Rhonda Pavone

    Seller's Agent in 2021

    Rhonda Pavone

    RE/MAX

    (321) 427-0887

    5 in this area

    94 Total Sales

    Rhonda Pavone
    Section Image
  • Kristen Romandetti

    Buyer's Agent in 2021

    Kristen Romandetti

    Keller Williams Realty Brevard

    (321) 604-6072

    8 in this area

    143 Total Sales

    Kristen Romandetti
    Section Image
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Map

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

MLS Number: 931450

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 24-36-22-00-00794.3-0000.00

Florida Brevard County Merritt Island 32953

550 Lucas Place, Merritt Island, FL

This home is located at 550 Lucas Place, Merritt Island, FL 32953 since 06 April 2022 and is currently estimated at $207,177. 550 Lucas Place is a home located in Brevard County with nearby schools including Mila Elementary School, Thomas Jefferson Middle School, and Merritt Island High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Space Coast MLS (Space Coast Association of REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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