$390,000
SOLD DEC 2, 2024

550 Park Ave Merritt Island, FL 32953

4 Beds
2 Baths
1,634 Sq Ft
0.26 Acres

Recently Sold

$239 Per Sq Ft

8% Below List Price

84 Days on Market

Highlights

  • No HOA
  • Separate Outdoor Workshop
  • In-Law or Guest Suite
  • Covered patio or porch
  • Eat-In Kitchen
  • Dual Closets

About This Home

As of December 2024

This home has character! Move right into this solid remodeled Merritt Island Gem! Features include 4bd/2 bath, indoor laundry with wash sink, office area & ample amount of storage. 4th bedroom has a separate entrance, beautifully remodeled full bath, walk in closet w/organizer & entertainment room (could be used as in-law quarters) Remodeled kitchen features granite countertops, lighted cabinetry, SS appliances & decorative lighting. Recessed lighting, newer paddle fans, crown molding.Newly painted family room and exterior paint, new facia and soffits 7/24. Workshop is 12.5 x 22.5 with attached enclosed lean-to. Launch your kayak or take a stroll to the Intracoastal/Indian River waterway located at the end of the road. Only 10 mins to the beaches, Port Canaveral Cruise lines, 40 mins to Orlando International Airport. Close to many amenities, restaurants, and shopping. Don't miss out on this adorable home! Pride of ownership shows!!

Last Agent to Sell the Property

Corin Riggs

Blue Marlin Real Estate License #689754 Listed on: 07/26/2024

Blue Marlin Real Estate

Last Buyer's Agent

Matthew Leckel

First Peak Real Estate License #3567693

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,870

Year Built

  • Built in 1954 | Remodeled

Lot Details

  • 0.26 Acre Lot
  • Property fronts a county road
  • Street terminates at a dead end
  • South Facing Home

Home Design

  • Shingle Roof
  • Block Exterior
  • Asphalt

Interior Spaces

  • 1,634 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Fire and Smoke Detector
  • Stacked Washer and Dryer

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Range
  • Dishwasher

Flooring

  • Tile
  • Terrazzo
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Dual Closets
  • Walk-In Closet
  • In-Law or Guest Suite
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Outdoor Features

  • Covered patio or porch
  • Separate Outdoor Workshop

Schools

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

Utilities

  • Central Heating and Cooling System
  • 200+ Amp Service
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Grove Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 24-36-27-01-00000.0-0007.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,870

Year Built

Built in 1954 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1954
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Washer Hookup
  • ResoLotFeatures: Dead End Street
  • Road Frontage Type: County Road
  • Road Surface Type: Asphalt
  • ResoSecurityFeatures: Smoke Detector(s)
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Grove Park
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Reso Other Structures: Workshop
  • Reso Property Condition: Updated/Remodeled
  • Financial Info Electric: 200+ Amp Service
  • Location Tax and Legal Parcel Number2: 24-36-27-01-00000.0-0007.00
  • Location Tax and Legal Elementary School: Mila
  • Location Tax and Legal Middle School2: Jefferson
  • Location Tax and Legal High School: Merritt Island
  • Location Tax and Legal Tax Annual Amount: 1870.11
  • Location Tax and Legal Tax Year2: 2022
  • General Property Information Living Area2: 1634.0
  • General Property Information Lot Size Acres: 0.26
  • General Property Information Lot Size Square Feet2: 11326.0
  • 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: South
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • General Property Information Community Fee(s) YN: No
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Levels One: Yes
  • Pets Allowed Yes: Yes
  • Lot Features Dead End Street: Yes
  • Road Surface Type Asphalt: Yes
  • Roof:Shingle: Yes
  • Security Features Smoke Detector(s): Yes
  • Utilities Electricity Connected: Yes
  • Flooring Terrazzo: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • Other Structures Workshop: Yes
  • Interior Features Guest Suite: Yes
  • Flooring Vinyl: Yes
  • General Property Information CDD Fee YN: No
  • Utilities Water Connected: Yes
  • Property Condition UpdatedRemodeled: Yes
  • General Property Information Stories2: 1
  • Architectural Style Ranch: Yes
  • Road Frontage Type County Road: Yes
  • Electric 200 Amp Service: Yes
  • General Property Information:Pool Private YN: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen, Guest Suite, His and Hers Closets, In-Law Floorplan, Primary Bathroom - Tub with Shower, Split Bedrooms, Walk-In Closet(s)
  • Flooring: Terrazzo, Tile, Vinyl
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Refrigerator, Washer/Dryer Stacked
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:His and Hers Closets: Yes
  • Appliances:WasherDryer Stacked: Yes
  • Interior Features:In-Law Floorplan: Yes

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Acres: 0.26
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Block
  • Direction Faces: South
  • Patio And Porch Features: Covered, Front Porch, Rear Porch, Side Porch
  • Construction Materials:Block2: Yes
  • Patio and Porch Features:Side Porch: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Rear Porch: Yes
  • Patio And Porch Features:Front Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Other
  • General Property Information:Garage YN: No
  • Parking Features:Other26: Yes

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Electricity Connected, Water Connected
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Electric3: Yes
  • 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

  • Current Use: Residential
  • Lot Size Sq Ft: 11326.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2420856
  • Parcel #: 24-36-27-01-00000.0-0007.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 1870.11

MLS Schools

  • Elementary School: Mila
  • High School: Merritt Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2024
Closed on
Dec 2, 2024
Sold by
Marin-Pollard Arlene and Pollard Charles A
Bought by
Miller Amy L
Seller's Agent
Corin Riggs
Blue Marlin Real Estate
Buyer's Agent
Matthew Leckel
First Peak Real Estate
List Price
$425,000
Sold Price
$390,000
Premium/Discount to List
-$35,000
-8.24%
Total Days on Market
84
Views
31
Current Estimated Value
$388,932

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,068
Avg. Annual Appreciation
-1.33%
Original Mortgage
$390,000
Outstanding Balance
$388,562
Interest Rate
6.44%
Mortgage Type
VA
Estimated Equity
-$2,038

Purchase Details

Listed on
Apr 19, 2014
Closed on
May 6, 2014
Sold by
Anderson Samuel David and Estate Of Levenna Theadosia An
Bought by
Pollard Arlene Marin
Seller's Agent
Matthew Hausmann
Coldwell Banker Realty
Buyer's Agent
Corin Riggs
River Breeze Real Estate
List Price
$54,900
Sold Price
$70,000
Premium/Discount to List
$15,100
27.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.63%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $390,000 Island Title & Escrow
Warranty Deed $70,000 Island Title & Escrow Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $390,000 VA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2024 12/02/24 Sold $390,000 -8.2% $239 / Sq Ft
10/19/2024 10/19/24 Pending -- -- --
07/26/2024 07/26/24 For Sale $425,000 +507.1% $260 / Sq Ft
05/06/2014 05/06/14 Sold $70,000 +27.5% $43 / Sq Ft
04/21/2014 04/21/14 Pending -- -- --
04/17/2014 04/17/14 For Sale $54,900 -- $34 / 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 $1,870 $102,950 $90,000 $12,950
2022 $2,048 $137,520 $0 $0
2021 $1,964 $114,100 $75,000 $39,100
2020 $1,792 $101,000 $60,000 $41,000
2019 $1,725 $103,260 $40,000 $63,260
2018 $1,593 $86,850 $34,000 $52,850
2017 $1,455 $68,860 $28,000 $40,860
2016 $1,408 $63,040 $24,000 $39,040
2015 $1,377 $59,040 $24,000 $35,040
2014 $1,196 $47,090 $24,000 $23,090
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 1020617

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 24-36-27-01-00000.0-0007.00