NOT LISTED FOR SALE

590 S Banana River Dr Unit 101 Merritt Island, FL 32952

Estimated Value: $488,827 - $571,000

3 Beds
3 Baths
2,281 Sq Ft
$515/mo HOA Fee

Last Sold April 12, 2013

Last sale price $275,000 $121 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $3,767/month

1,157 Days on Market

Highlights

  • Boat Dock
  • In Ground Pool
  • Open Floorplan
  • Gated with Attendant
  • River View
  • Clubhouse

About This Home

As of April 2013

BOATERS DREAM! JUST MINUTES FROM CANAVERAL LOCKS..INCLUDES PRIVATE 35 FT BOAT SLIP. Exceptional price = lowest price for a corner unit. Live overlooking MARINA in this Gated community. Second floor corner with wrap around balcony. Direct Riverfront. Many builder upgrades including 10 ft ceilings, Crown molding, pre-wire package for audio security and internet. Community heated pool with spa, fitness room, and dry sauna. Two garage spaces with extra storage room. New A/C

Last Agent to Sell the Property

Barbara Montes

Waterline Real Estate License #3077256 Listed on: 01/24/2010

Co-Listed By

Carlos Montes

Waterline Real Estate License #3169157

Last Buyer's Agent

Caroline Rowe

Daignault Realty Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,467

Year Built

  • Built in 2006

Lot Details

  • River Front
  • South Facing Home

HOA Fees

  • $515 Monthly HOA Fees

Parking

  • Subterranean Parking

Property Views

  • River
  • Pool

Home Design

  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,281 Sq Ft Home
  • 4-Story Property
  • Open Floorplan
  • Screened Porch

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Dual Closets
  • Walk-In Closet
  • 3 Full Bathrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Balcony
  • Shed

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 24373175000000000101

Community Details

Overview

  • Association fees include insurance, pest control, security, sewer, trash, water
  • Marina Village Condo Ph II Subdivision
  • Maintained Community

Amenities

  • Sauna
  • Clubhouse
  • Secure Lobby

Recreation

  • Boat Dock
  • Community Pool
  • Community Spa

Pet Policy

  • Pet Size Limit
  • Dogs and Cats Allowed

Security

  • Gated with Attendant
  • Secure Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,467

Year Built

Built in 2006

Lot Details

0

HOA Fees

$515 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2006
  • Reso Property Sub Type: Condominium
  • Reso View: Pool, River
  • Water Body Name: Banana River
  • ResoSecurityFeatures: Gated with Guard, Secured Elevator, Secured Lobby
  • Reso Association Amenities: Boat Dock, Clubhouse, Maintenance Grounds, Management - Full Time, Sauna, Spa/Hot Tub
  • Reso Association Fee Includes: Insurance, Pest Control, Security, Sewer, Trash, Water
  • Co List Office Mls Id: 01910
  • Co List Office Phone: 321-777-1755
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Marina Village Condo Ph II
  • Architectural Style: Multi Generational
  • Carport Y N: No
  • Entry Level: 2
  • Garage Yn: Yes
  • Unit Levels: Multi/Split
  • New Construction: No
  • Reso Other Structures: Shed(s)
  • Location Tax and Legal Parcel Number2: 24373175000000000101
  • Location Tax and Legal Tax Annual Amount: 3466.88
  • Location Tax and Legal Tax Year2: 2012
  • General Property Information Living Area2: 2281.0
  • General Property Information Building Area Total3: 2639.0
  • 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: South
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Pool Features In Ground: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Sewer:Public Sewer: Yes
  • View Pool: Yes
  • Flooring Carpet: Yes
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • Pets Allowed Size Limit: Yes
  • General Property Information Carport YN2: No
  • Other Structures Shed(s): Yes
  • Pets Allowed Cats OK: Yes
  • Room Types Laundry: Yes
  • General Property Information Stories Total: 4
  • Security Features Secured Elevator: Yes
  • Security Features Secured Lobby: Yes
  • Pets Allowed Dogs OK: Yes
  • Security Features Gated with Guard: Yes
  • Levels MultiSplit: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Interior Amenities: His and Hers Closets, Open Floorplan, Primary Bathroom - Tub with Shower, Primary Bathroom -Tub with Separate Shower, Split Bedrooms, Walk-In Closet(s)
  • Flooring: Carpet, Tile
  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Total Bedrooms: 5
  • Stories: 4
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Open Floorplan: Yes
  • Pool Features:Community: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:His and Hers Closets: Yes

Exterior Features

  • Exterior Features: Balcony
  • Pool Features: Community, In Ground, Other
  • Roof: Other
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: South
  • Patio And Porch Features: Porch, Screened
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Exterior Features:Balcony: Yes
  • View:River: Yes
  • Waterfront Features:River Front: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Underground
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Attached: Yes
  • Parking Features:Underground2: Yes

Utilities

  • Cooling: Central Air
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 515.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 515.0
  • General Property Information:Association Fee Frequency: Monthly
  • Association Amenities:Sauna2: Yes
  • Association Amenities:SpaHot Tub: Yes
  • Association Fee Includes:Insurance: Yes
  • Association Fee Includes:Security: Yes
  • Association Fee Includes:Water: Yes
  • Association Amenities:Clubhouse: Yes
  • Association Amenities:Boat Dock: Yes
  • Association Fee Includes:Sewer: Yes
  • Association Fee Includes:Trash: Yes
  • Association Fee Includes:Pest Control: Yes

Lot Info

  • Additional Parcels Description: 2459535
  • Parcel #: 24373175000000000101

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 3466.88

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2010
Closed on
Apr 12, 2013
Sold by
Savio Joseph A and Savio Christine M
Bought by
Meehan Kevin C
Seller's Agent
Barbara Montes
Waterline Real Estate
Buyer's Agent
Caroline Rowe
Daignault Realty Inc
List Price
$350,000
Sold Price
$275,000
Premium/Discount to List
-$75,000
-21.43%
Current Estimated Value
$528,457

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$253,457
Avg. Annual Appreciation
5.33%
Source: Public Records

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 Buyer Sale Price Title Company
Meehan Kevin C $275,000 Alliance Title Insurance Age
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/12/2013 04/12/13 Sold $275,000 -21.4% $121 / Sq Ft
03/25/2013 03/25/13 Pending -- -- --
01/23/2010 01/23/10 For Sale $350,000 -- $153 / 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 $5,666 $401,800 -- --
2024 $5,931 $422,100 -- --
2023 $5,931 $459,300 $0 $0
2022 $5,066 $387,980 $0 $0
2021 $4,947 $334,210 $0 $334,210
2020 $4,550 $302,370 $0 $302,370
2019 $4,535 $295,000 $0 $295,000
2018 $4,454 $281,520 $0 $281,520
2017 $4,481 $285,860 $0 $285,860
2016 $4,138 $238,220 $0 $0
2015 $4,201 $226,550 $0 $0
2014 $3,844 $205,960 $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: 559839

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 24-37-31-75-00000.0-0001.01