$280,000
SOLD JUL 15, 2015

580 S Banana River Dr Unit 304 Merritt Island, FL 32952

3 Beds
3 Baths
2,279 Sq Ft
$465/mo HOA Fee

Recently Sold

$123 Per Sq Ft

6% Below List Price

7 Days on Market

Highlights

  • Marina View
  • River Front
  • Balcony
  • Tropical Elementary School Rated 9+
  • Community Pool
  • Subterranean Parking

About This Home

As of December 2024

VIEWS VIEWS AND MORE VIEWS!! This is a like NEW 3br 3bath top floor corner unit. This is the best of the best for the Marina Village community. Property has NEW paint, NEW carpet, and NEW appliances. This property has to be seen to be appreciated. The community has everything you want in a Marina lifestyle. Dockage for large boats and nice pool area. Just steps from your condo to your boat. Many slips are available for rent or purchase. This unit faces straight east for amazing sunrises and ocean breezes. It also is a corner unit so you have wrap around views more windows and lot of light in the unit. This unit also has 10ft ceilings and granite on the counter tops throughout the unit. This one will not last long!

Last Agent to Sell the Property

Ryan Poole

RSI Asset Managament LLC License #682698 Listed on: 05/06/2015

Last Buyer's Agent

Jo Ann Honeywell

Pastermack Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,884

Year Built

  • Built in 2006

Lot Details

  • River Front
  • West Facing Home

HOA Fees

  • $465 Monthly HOA Fees

Property Views

  • Marina
  • River

Home Design

  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,279 Sq Ft Home
  • 3-Story Property
  • Security Gate
  • Electric Range

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Subterranean Parking
  • Additional Parking

Outdoor Features

  • Balcony
  • Wrap Around Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 24373175000000000177

Community Details

Overview

  • Marina Village Condo Ph III Subdivision

Recreation

  • Community Pool

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,884

Year Built

Built in 2006

Lot Details

0

HOA Fees

$465 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2006
  • Reso Property Sub Type: Condominium
  • ResoLotFeatures: Other
  • Reso View: Marina, River, Water
  • Water Body Name: Banana River
  • ResoSecurityFeatures: Security Gate
  • Reso Association Amenities: Management - Full Time
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Marina Village Condo Ph III
  • Carport Y N: No
  • Entry Level: 3
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 24373175000000000177
  • Location Tax and Legal Elementary School: Tropical
  • Location Tax and Legal Middle School2: Jefferson
  • Location Tax and Legal High School: Merritt Island
  • General Property Information Living Area2: 2279.0
  • General Property Information Building Area Total3: 2279.0
  • General Property Information New Construction YN: No
  • General Property Information Waterfront YN: Yes
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: West
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Levels One: Yes
  • Security Features Security Gate: Yes
  • Flooring Carpet: Yes
  • Pets Allowed Size Limit: Yes
  • General Property Information Carport YN2: No
  • Pets Allowed Number Limit: Yes
  • View Water3: Yes
  • Waterfront Features Waterfront Community: Yes
  • General Property Information Stories Total: 3
  • View Marina2: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Interior Amenities: Split Bedrooms
  • Flooring: Carpet, Tile
  • Appliances: Dryer, Electric Range, Electric Water Heater, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Pool Features:Community: Yes
  • Interior Features:Split Bedrooms: Yes

Exterior Features

  • Exterior Features: Balcony
  • Pool Features: Community
  • Roof: Other
  • Waterfront Features: River Front, Waterfront Community
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: West
  • Patio And Porch Features: Wrap Around
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Exterior Features:Balcony: Yes
  • Lot Features:Other21: Yes
  • Patio And Porch Features:Wrap Around: Yes
  • View:River: Yes
  • Waterfront Features:River Front: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Additional Parking, Underground
  • General Property Information:Garage YN: No
  • Parking Features:Additional Parking: Yes
  • Parking Features:Underground2: Yes

Utilities

  • Cooling: Central Air
  • Utilities: Other
  • Heating: Central
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 465.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 465.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

  • Middle Or Junior School: Jefferson

Lot Info

  • Additional Parcels Description: 2460031
  • Parcel #: 24373175000000000177

Rental Info

  • Furnished: Unfurnished

MLS Schools

  • Elementary School: Tropical
  • High School: Merritt Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 26, 2024
Sold by
Frost Michael R and Frost Tracy A
Bought by
Hardy Charles Avery and Jordan Brian Thomas
Current Estimated Value
$511,903

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,500
Outstanding Balance
$356,738
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$155,165

Purchase Details

Listed on
Feb 2, 2018
Closed on
May 23, 2018
Sold by
Stephen Philip
Bought by
Frost Micheal R and Frost Tracy A
Seller's Agent
Toni Pastermack
Pastermack Real Estate
Buyer's Agent
Non-Member Non-Member Out Of Area
Non-MLS or Out of Area
List Price
$379,900
Sold Price
$365,000
Premium/Discount to List
-$14,900
-3.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.74%
Original Mortgage
$265,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 8, 2017
Sold by
Davis Barry B and Davis Mary Lou
Bought by
Davis Barry B and Davis Mary Lou

Purchase Details

Listed on
May 6, 2015
Closed on
Jun 25, 2015
Sold by
Goshen Mortgage Llc Reo
Bought by
Serafini Philip
Seller's Agent
Ryan Poole
RSI Asset Managament LLC
Buyer's Agent
Jo Ann Honeywell
Pastermack Real Estate
List Price
$299,000
Sold Price
$280,000
Premium/Discount to List
-$19,000
-6.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.12%
Original Mortgage
$238,000
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2015
Sold by
Bedizel Ahmet J
Bought by
Goshen Mortgage Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,000
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 16, 2006
Sold by
Harbor Homes Llc
Bought by
Bedizel Ahmet J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,700
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage
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 $515,000 Supreme Title
Warranty Deed $515,000 Supreme Title
Warranty Deed $365,000 Intl Title & Escrow Co Inc
Interfamily Deed Transfer -- Attorney
Special Warranty Deed $280,000 Fidelity Natl Title Fl Inc
Special Warranty Deed -- Fidelity Natl Title Fl Inc
Trustee Deed -- None Available
Warranty Deed $429,900 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $360,500 New Conventional
Closed $360,500 New Conventional
Previous Owner $265,000 New Conventional
Previous Owner $230,150 New Conventional
Previous Owner $238,000 New Conventional
Previous Owner $396,700 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2024 12/13/24 Sold $515,000 -1.9% $226 / Sq Ft
08/01/2024 08/01/24 Pending -- -- --
06/14/2024 06/14/24 For Sale $525,000 +43.8% $230 / Sq Ft
05/25/2018 05/25/18 Sold $365,000 -3.9% $160 / Sq Ft
04/19/2018 04/19/18 Pending -- -- --
02/02/2018 02/02/18 For Sale $379,900 +35.7% $167 / Sq Ft
07/15/2015 07/15/15 Sold $280,000 -6.4% $123 / Sq Ft
05/14/2015 05/14/15 Pending -- -- --
05/06/2015 05/06/15 For Sale $299,000 -- $131 / 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 $3,884 $311,080 -- --
2023 $3,884 $302,020 $0 $0
2022 $3,631 $293,230 $0 $0
2021 $3,805 $284,690 $0 $0
2020 $3,748 $280,760 $0 $0
2019 $3,720 $274,450 $0 $0
2018 $4,756 $302,310 $0 $302,310
2017 $4,685 $299,820 $0 $299,820
2016 $4,326 $249,850 $0 $0
2015 $4,212 $217,800 $0 $0
2014 -- $198,000 $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: 724541

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 24-37-31-75-00000.0-0001.77