NOT LISTED FOR SALE

580 S Banana River Dr Unit 102 Merritt Island, FL 32952

Estimated Value: $460,767 - $571,000

3 Beds
3 Baths
2,310 Sq Ft
0.55 Acres

Last Sold July 13, 2015

Last sale price $250,000 $108 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $3,064/month

Highlights

  • In Ground Pool
  • 0.55 Acre Lot
  • Central Heating
  • River Front
  • Double Oven
  • Ceiling Fan

About This Home

As of November 2020

Come see this beautiful condo located on the Banana River. This home has 3 bedrooms, 3 bathrooms and 2 car covered parking garage. With room for a big family this 2300+ sq ft open concept home has ample storage for everyone. Marina Village Community has a pool, hot tub, gym and a kayak launch. Close to dining, shopping, beaches and much more!! Pets under 30 pounds accepted with approval. Will be available after Nov. 10, 2020. Check it out wont last long.

Last Agent to Rent the Property

Alisha Campbell

Barrier Island Properties License #3402956 Listed on: 10/22/2020

Last Renter's Agent

Alisha Campbell

LaRocque & Co., Realtors

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,870

Year Built

  • Built in 2006

Lot Details

  • River Front
  • East Facing Home

Parking

  • 2 Car Garage

Interior Spaces

  • 2,310 Sq Ft Home
  • Ceiling Fan

Kitchen

  • Double Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool

Utilities

  • Central Heating
  • Electric Water Heater

Listing and Financial Details

  • Property Available on 10/22/20
  • The owner pays for grounds care, pool maintenance
  • Rent includes cable TV, water, trash collection
  • Assessor Parcel Number 24-37-31-75-00000.0-0001.Xb

Community Details

Overview

  • Marina Village Condo Ph III Association
  • Marina Village Condo Ph I Subdivision

Recreation

  • Community Pool

Pet Policy

  • 2 Pets Allowed
  • Breed Restrictions

Condo Details

Home Type

Condominium

Est. Annual Taxes

$4,870

Year Built

Built in 2006

Lot Details

0

Parking

2

Rental Info

  • Furnished: Unfurnished
  • Rent Includes: Cable TV, Water, Trash Collection
  • Owner Pays: Grounds Care, Pool Maintenance
  • Available Date: 2020-10-22

Listing Details

  • Property Type: Residential Lease
  • Year Built: 2006
  • Reso Property Sub Type: Condominium
  • Water Body Name: Banana River
  • Subdivision Name: Marina Village Condo Ph I
  • Carport Y N: No
  • Garage Yn: Yes
  • Location Tax and Legal Parcel Number2: 24-37-31-75-00000.0-0001.Xb
  • General Property Information Living Area2: 2310.0
  • General Property Information Lot Size Acres: 0.55
  • General Property Information Lot Size Square Feet2: 23958.0
  • General Property Information Waterfront YN: Yes
  • General Property Information Direction Faces: East
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Pool Features In Ground: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Pets Allowed Total Number Of Pets: 2
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • Utilities Sewer Available: Yes
  • Pets Allowed Breed Restrictions: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Appliances: Dishwasher, Disposal, Double Oven, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Appliances:Double Oven: Yes

Exterior Features

  • Pool Features: In Ground
  • Acres: 0.55
  • Waterfront: Yes
  • Direction Faces: East
  • Waterfront Features:River Front: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Garage
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Garage: Yes

Utilities

  • Utilities: Sewer Available, Water Available
  • Heating: Central
  • HeatingYN: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Association Name: MARINA VILLAGE CONDO PH III

Association/Amenities

  • General Property Information:Association Name: MARINA VILLAGE CONDO PH III
  • Association Amenities:Pool3: Yes

Lot Info

  • Lot Size Sq Ft: 23958.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2460075
  • Parcel #: 24-37-31-75-00000.0-0001.Xb
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2021
Sold by
Lee David
Bought by
Rudder Sheree A
Current Estimated Value
$505,192

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,000
Outstanding Balance
$318,478
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$186,714

Purchase Details

Listed on
May 26, 2015
Closed on
Jun 19, 2015
Sold by
Ratzburg Karl D and Ratzburg Roberta C
Bought by
Lee David
Seller's Agent
Binki Kaiser
One Sotheby's Inter Realty
Buyer's Agent
John Zapotocky
RE/MAX Aerospace Realty
List Price
$299,000
Sold Price
$250,000
Premium/Discount to List
-$49,000
-16.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.07%
Original Mortgage
$200,000
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 18, 2009
Sold by
Winemiller Rebecca and Henry Judy B
Bought by
Ratzburg Karl D and Ratzburg Roberta C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
5.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 30, 2009
Sold by
First Fiduciary Dxc Llc
Bought by
Winemiller Rcbecca and Henry Judy B
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 Buyer Sale Price Title Company
Rudder Sheree A $390,000 Countywide T&E Corp
Lee David $250,000 Bella Title & Escrow Inc
Ratzburg Karl D $200,000 Attorney
Winemiller Rcbecca $150,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rudder Sheree A $351,000
Previous Owner Lee David $200,000
Previous Owner Ratzburg Karl D $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/21/2020 11/21/20 Rented $2,500 0.0% --
11/02/2020 11/02/20 Under Contract -- -- --
10/22/2020 10/22/20 For Rent $2,500 0.0% --
07/13/2015 07/13/15 Sold $250,000 -4.5% $108 / Sq Ft View Prior Sale
05/07/2015 05/07/15 Pending -- -- --
04/20/2015 04/20/15 Price Changed $261,900 -12.4% $113 / Sq Ft
04/11/2014 04/11/14 For Sale $299,000 -- $129 / 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
2025 $4,870 $384,550 -- --
2024 $4,834 $391,130 -- --
2023 $4,834 $379,740 $0 $0
2022 $4,521 $368,680 $0 $0
2021 $3,182 $236,860 $0 $0
2020 $3,118 $233,590 $0 $0
2019 $3,083 $228,340 $0 $0
2018 $3,091 $224,090 $0 $0
2017 $3,122 $219,490 $0 $0
2016 $3,178 $214,980 $0 $0
2015 $3,684 $187,400 $0 $0
2014 $3,372 $170,370 $0 $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: 888330

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 24-37-31-75-00000.0-0001.67