$70,000
SOLD MAY 6, 2014

550 Park Ave Merritt Island, FL 32953

4 Beds
2 Baths
1,634 Sq Ft
0.26 Acres

Recently Sold

$43 Per Sq Ft

28% Above List Price

4 Days on Market

Highlights

  • No HOA
  • Built-In Features
  • Laundry Room
  • Separate Outdoor Workshop
  • Cooling System Mounted To A Wall/Window
  • Terrazzo Flooring

About This Home

As of December 2024

Wonderful opportunity for a three bedroom, one bath, single-family home with a one bedroom one bath attached apartment. Great bones, concrete block construction, terrazzo floors and newer roof. Nice size lot includes a large storage shed as well as a workshop.

Last Agent to Sell the Property

Matthew Hausmann

Coldwell Banker Realty Listed on: 04/19/2014

Last Buyer's Agent

Corin Riggs

River Breeze Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,178

Year Built

  • Built in 1954

Lot Details

  • 0.26 Acre Lot
  • South Facing Home

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 1,634 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Electric Range

Flooring

  • Carpet
  • Terrazzo

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Separate Outdoor Workshop
  • Shed

Additional Homes

  • Accessory Dwelling Unit (ADU)

Schools

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

Utilities

  • Cooling System Mounted To A Wall/Window
  • Electric Water Heater

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

$1,178

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1954
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Grove Park
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Reso Other Structures: Shed(s), Workshop
  • 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: 1177.51
  • Location Tax and Legal Tax Year2: 2013
  • General Property Information Living Area2: 1634.0
  • General Property Information Building Area Total3: 2496.0
  • General Property Information Lot Size Acres: 0.26
  • General Property Information Lot Size Square Feet2: 11250.0
  • 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
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Levels One: Yes
  • Roof:Shingle: Yes
  • Utilities Electricity Connected: Yes
  • Flooring Carpet: Yes
  • Flooring Terrazzo: Yes
  • General Property Information Carport YN2: No
  • Other Structures Shed(s): Yes
  • Utilities Water Available: Yes
  • Other Structures Workshop: Yes
  • Room Types Laundry: Yes
  • General Property Information Lot Size Dimensions: 75.0 ft x 150.0 ft
  • Accessory Dwelling Information Dwelling Type: Apartment
  • Accessory Dwelling Information ADU Attached YN: Yes
  • Cooling WallWindow Unit(s): Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-in Features
  • Flooring: Carpet, Terrazzo
  • Appliances: Electric Range, Electric Water Heater, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • ResoLivingAreaSource: PublicRecords
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Built-in Features: Yes

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Acres: 0.26
  • Waterfront: No
  • Construction Type: Block, Concrete
  • Direction Faces: South
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

  • Cooling: Wall/Window Unit(s)
  • Utilities: Electricity Connected, Water Available
  • Cooling Y N: 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 Dimensions: 75.0 ft x 150.0 ft
  • Lot Size Sq Ft: 11250.0
  • 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: 2013
  • Tax Annual Amount: 1177.51

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%
Views
31
Current Estimated Value
$381,742

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,258
Avg. Annual Appreciation
-1.14%
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

Range of Values:

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Average Value
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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 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
2024 $1,870 $160,230 -- --
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: 694728

Space Coast MLS (Space Coast Association of REALTORS®)

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