NOT LISTED FOR SALE

5545 S Tropical Trail Merritt Island, FL 32953

Estimated Value: $1,709,000 - $3,605,237

-- Bed
-- Bath
-- Sq Ft
3.8 Acres

Last Sold January 10, 2013

Last sale price $775,000

Est. 262% increase in value since last sale

Current estimated payment $16,621/month

181 Days on Market

Highlights

  • River Front
  • Wooded Lot
  • No HOA
  • 3.8 Acre Lot

About This Home

As of January 2013

A rare vacant lot stretching from the Indian River to the Banana River. This 3.8 acre parcel has 200'' of shore line on the Indian River. The property measures 1140''x 75'' then expands to 135''W x 600''L. A survey is attached to the listing. Carve out your private paradise among the beautiful trees.

Last Agent to Sell the Property

Jack Gove

Mercedes Premier Realty LLC Listed on: 05/01/2012

Last Buyer's Agent

Leigh Giannotti

Serving Brevard Realty License #3104436

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,413

Lot Details

  • 3.8 Acre Lot
  • River Front
  • Wooded Lot
  • Many Trees
  • 2 Lots in the community

Schools

  • Tropical Elementary School
  • Merritt Island High School

Community Details

  • No Home Owners Association
  • Part Of Lot 1 Sec 6 And Part Of Lot Subdivision

Listing and Financial Details

  • Assessor Parcel Number 26370600000020000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,413

Lot Details

0

Listing Details

  • Property Type: Land
  • Reso Property Sub Type: Unimproved Land
  • ResoLotFeatures: Many Trees, Wooded
  • Road Surface Type: Paved
  • Water Body Name: Indian River
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Part of Lot 1 Sec 6 and Part of Lot
  • Location Tax and Legal Parcel Number2: 26370600000020000000
  • Location Tax and Legal Elementary School: Tropical
  • Location Tax and Legal High School: Merritt Island
  • Location Tax and Legal Tax Annual Amount: 8412.82
  • Location Tax and Legal Tax Year2: 2011
  • General Property Information Lot Size Acres: 3.8
  • General Property Information Waterfront YN: Yes
  • General Property Information Senior Community YN: No
  • General Property Information Number Of Lots2: 2.0
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Exterior Features

  • Acres: 3.8
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Lot Features:Wooded: Yes
  • Lot Features:Many Trees: Yes
  • Waterfront Features:River Front: Yes

Utilities

  • Utilities: Other

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Number Of Lots: 2
  • Current Use: Residential, Single Family
  • Lot Size Sq Ft: 165528.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 26370600000020000000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 8412.82

MLS Schools

  • Elementary School: Tropical
  • High School: Merritt Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 22, 2004
Sold by
Buescher Keith H and Buescher Lila R
Bought by
Girard Greg T and Girard Susan
Current Estimated Value
$2,806,746

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$665,000
Outstanding Balance
$327,690
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,479,056

Purchase Details

Closed on
Jul 11, 2002
Sold by
Burnett Lawrence R
Bought by
Buescher Keith H and Buescher Lila R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,500
Interest Rate
6.67%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Girard Greg T $950,000 B D R Title
Buescher Keith H $675,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Girard Greg T $665,000
Previous Owner Buescher Keith H $472,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/10/2013 01/10/13 Sold $775,000 -3.1% --
10/29/2012 10/29/12 Pending -- -- --
05/01/2012 05/01/12 For Sale $799,990 -- --
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 $22,121 $1,883,450 -- --
2024 $22,081 $1,830,370 -- --
2023 $22,081 $1,777,060 $0 $0
2022 $20,685 $1,725,310 $0 $0
2021 $22,051 $1,675,060 $0 $0
2020 $22,218 $1,651,940 $0 $0
2019 $25,447 $1,800,100 $670,030 $1,130,070
2018 $26,011 $1,789,380 $670,030 $1,119,350
2017 $25,380 $1,671,880 $591,820 $1,080,060
2016 $25,777 $1,620,540 $591,820 $1,028,720
2015 $10,441 $629,760 $591,810 $37,950
2014 $9,819 $591,810 $591,810 $0
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 639699

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 26-37-06-00-00002.0-0000.00