NOT LISTED FOR SALE

590 S Banana River Dr Unit 103 Merritt Island, FL 32952

Estimated Value: $497,000 - $571,000

3 Beds
3 Baths
2,310 Sq Ft
$435/mo HOA Fee

Last Sold November 05, 2014

Last sale price $192,500 $83 Per Sq Ft

Est. 169% increase in value since last sale

Current estimated payment $3,468/month

213 Days on Market

Highlights

  • Fitness Center
  • Vaulted Ceiling
  • Balcony
  • River View
  • Community Pool
  • Subterranean Parking

About This Home

As of November 2014

Beautiful 3 bedroom 3 full bath condo with a direct river view and over 2300 sq ft of living space. Boasts 10 ft ceilings and double vanity sinks in the master bathroom. Gated community offers boats slips for sale, community pool, steam room, and an exercise room. There are 2 assigned parking spaces in garage on the first floor and an additional storage locker. Unit has brand new carpet, paint and appliances. Move-in ready and waiting for a new owner to enjoy this beautiful view of the marina. Freddie Mac First Look expires 4/28/2014

Last Agent to Sell the Property

Garrett Bell

Coldwell Banker Realty Listed on: 10/31/2014

Last Buyer's Agent

Alex Callough

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,390

Year Built

  • Built in 2006

Lot Details

  • River Front
  • South Facing Home

HOA Fees

  • $435 Monthly HOA Fees

Home Design

  • Tile Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,310 Sq Ft Home
  • 4-Story Property
  • Vaulted Ceiling
  • River Views
  • Breakfast Bar

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 3 Full Bathrooms

Parking

  • Subterranean Parking
  • Additional Parking

Outdoor Features

  • Balcony

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Auction
  • Assessor Parcel Number 24-37-31-75-00000.0-0001.03

Community Details

Overview

  • Association fees include insurance, trash
  • Marina Village Condo Ph II Subdivision
  • Maintained Community

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Pet Size Limit

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,390

Year Built

Built in 2006

Lot Details

0

HOA Fees

$435 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2006
  • Reso Property Sub Type: Condominium
  • Reso View: River
  • Water Body Name: Banana River
  • Reso Association Amenities: Fitness Center, Maintenance Grounds, Management - Full Time
  • Reso Association Fee Includes: Insurance, Trash
  • ResoSpecialListingConditions: Auction
  • Subdivision Name: Marina Village Condo Ph II
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Three Or More
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 24-37-31-75-00000.0-0001.03
  • Location Tax and Legal Elementary School: Tropical
  • Location Tax and Legal Middle School2: Jefferson
  • Location Tax and Legal High School: Merritt Island
  • Location Tax and Legal Tax Annual Amount: 3390.09
  • Location Tax and Legal Tax Year2: 2013
  • General Property Information Living Area2: 2310.0
  • General Property Information Lot Size Acres: 0.01
  • General Property Information Lot Size Square Feet2: 436.0
  • 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
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Flooring Tile: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Flooring Carpet: Yes
  • Pets Allowed Size Limit: Yes
  • Roof:Tile2: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • General Property Information Stories Total: 4
  • Levels Three Or More: Yes
  • Special Listing Conditions Auction: Yes
  • Special Features: Auction
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Interior Amenities: Breakfast Bar, Split Bedrooms, Vaulted Ceiling(s)
  • Flooring: Carpet, Tile
  • Appliances: Electric Water Heater, Other
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Stories: 4
  • ResoLivingAreaSource: PublicRecords
  • Appliances:Electric Water Heater: Yes
  • Pool Features:Community: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Vaulted Ceiling(s): Yes

Exterior Features

  • Exterior Features: Balcony
  • Pool Features: Community
  • Roof: Tile
  • Acres: 0.01
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: South
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Exterior Features:Balcony: 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, Electric
  • Utilities: Cable Available, Water Available
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 435.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 435.0
  • General Property Information:Association Fee Frequency: Monthly
  • Association Fee Includes:Insurance: Yes
  • Association Amenities:Fitness Center: Yes
  • Association Fee Includes:Trash: Yes

Schools

  • Middle Or Junior School: Jefferson

Lot Info

  • Lot Size Sq Ft: 436.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 24-37-31-75-00000.0-0001.03
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 3390.09

MLS Schools

  • Elementary School: Tropical
  • High School: Merritt Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2014
Closed on
Nov 5, 2014
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Stark Gordon
Seller's Agent
Garrett Bell
Coldwell Banker Realty
Buyer's Agent
Alex Callough
Coldwell Banker Realty
List Price
$319,900
Sold Price
$192,500
Premium/Discount to List
-$127,400
-39.82%
Current Estimated Value
$518,421

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$325,921
Avg. Annual Appreciation
9.43%

Purchase Details

Closed on
Mar 5, 2014
Sold by
Suntrust Mortgage Inc
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Feb 7, 2014
Sold by
Harbor Homes Llc
Bought by
Suntrust Mortgage Inc
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
Stark Gordon $202,200 Attorney
Federal Home Loan Mortgage Corporation -- Attorney
Suntrust Mortgage Inc $201,000 Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/05/2014 11/05/14 Sold $192,500 -39.8% $83 / Sq Ft
09/30/2014 09/30/14 Pending -- -- --
03/01/2014 03/01/14 For Sale $319,900 -- $138 / 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 $3,667 $298,700 -- --
2024 $3,631 $290,290 -- --
2023 $3,631 $281,840 $0 $0
2022 $3,394 $273,640 $0 $0
2021 $3,551 $265,670 $0 $0
2020 $3,491 $262,010 $0 $0
2019 $3,460 $256,120 $0 $0
2018 $3,472 $251,350 $0 $0
2017 $3,512 $246,190 $0 $0
2016 $3,578 $241,130 $0 $0
2015 $3,721 $241,130 $0 $0
2014 $3,724 $191,090 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2014

    Garrett Bell

    Coldwell Banker Realty

  • A

    Buyer's Agent in 2014

    Alex Callough

    Coldwell Banker Realty

See All Agents

Map

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

MLS Number: 690535

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 24-37-31-75-00000.0-0001.03

Florida Brevard County Merritt Island 32952

590 S Banana River Dr Unit 103, Merritt Island, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Space Coast MLS (Space Coast Association of REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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