NOT LISTED FOR SALE

624 Millwheel Dr Merritt Island, FL 32952

Estimated Value: $635,000 - $674,000

4 Beds
3 Baths
2,199 Sq Ft
$300/Sq Ft Est. Value

Last Sold May 09, 2023

Last sale price $687,800 $313 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $3,916/month

14 Days on Market

Highlights

  • Lake Front
  • In Ground Pool
  • Breakfast Area or Nook
  • Tropical Elementary School Rated 9+
  • Home fronts a pond
  • Fireplace

About This Home

As of May 2023

Desirable South Merritt Island beauty in Watermill subdivision. This 4 bed, 3 bath lakeside pool home is looking for new owners. Transformed from top to bottom to include new roof, entire septic system, AC, Kitchen, baths, flooring, paint, appliances, lighting, pool pump, irrigation system, sod, fencing plus an accent wall from a 100 year old tobacco barn in Tennessee. The accents around the house are the same barn wood to give the home a rustic look! Do not miss your opportunity to see this charming home!

Last Agent to Sell the Property

Theresa Friend

RE/MAX Elite License #3086833 Listed on: 04/02/2023

RE/MAX Elite

Last Buyer's Agent

Christine George

Blue Marlin Real Estate License #3243030

Blue Marlin Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,446

Year Built

  • Built in 1989

Lot Details

  • 0.35 Acre Lot
  • Home fronts a pond
  • Lake Front
  • South Facing Home
  • Wood Fence
  • Front and Back Yard Sprinklers

HOA Fees

  • $19 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Lake
  • Views of Preserve
  • Pond
  • Pool

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Asphalt
  • Stucco

Interior Spaces

  • 2,199 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Tile Flooring
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Home Security

  • Security System Owned
  • Hurricane or Storm Shutters

Pool

  • In Ground Pool
  • Outdoor Shower
  • Screen Enclosure

Schools

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

Utilities

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

Additional Features

  • Water-Smart Landscaping
  • Porch

Community Details

  • Watermill Association
  • Watermill Subdivision
  • Maintained Community

Listing and Financial Details

  • Assessor Parcel Number 25-36-13-27-00000.0-0035.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,446

Year Built

Built in 1989

Lot Details

0

HOA Fees

$19 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1989
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Sprinklers In Front, Sprinklers In Rear
  • Road Surface Type: Asphalt
  • Reso View: Lake, Pond, Pool, Water, Protected Preserve
  • ResoSecurityFeatures: Security System Owned
  • Reso Association Amenities: Maintenance Grounds, Management - Full Time
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Watermill
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 25-36-13-27-00000.0-0035.00
  • 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: 2446.2
  • Location Tax and Legal Tax Year2: 2022
  • General Property Information Living Area2: 2199.0
  • General Property Information Building Area Total3: 2908.0
  • General Property Information Lot Size Acres: 0.35
  • General Property Information Lot Size Square Feet2: 15246.0
  • 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
  • Cooling:Electric: Yes
  • Fencing Fenced2: Yes
  • Fencing Wood2: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Levels One: Yes
  • Pets Allowed Yes: Yes
  • Pool Features In Ground: Yes
  • Pool Features Private: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Road Surface Type Asphalt: Yes
  • Roof:Shingle: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • ViewPond: Yes
  • View Pool: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • Green Water Conservation Water-Smart Landscaping: Yes
  • View Water3: Yes
  • Room Types Dining Room: Yes
  • Interior Features Breakfast Nook: Yes
  • Pool Features Screen Enclosure: Yes
  • Security Features Security System Owned: Yes
  • Room Types Family Room: Yes
  • Room Types Laundry: Yes
  • Room Types Living Room: Yes
  • View Protected Preserve: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Bar, Breakfast Nook, Ceiling Fan(s), Primary Bathroom - Tub with Shower, Split Bedrooms, Walk-In Closet(s)
  • Flooring: Tile
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Other
  • Total Bedrooms: 11
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Walk-In Closet(s): Yes

Exterior Features

  • Exterior Features: Outdoor Shower, Storm Shutters
  • Pool Features: In Ground, Private, Screen Enclosure
  • Roof: Shingle
  • Fencing: Fenced, Wood
  • Acres: 0.35
  • Waterfront Features: Lake Front, Pond
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: South
  • Patio And Porch Features: Porch
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio and Porch Features:Porch: Yes
  • Exterior Features:Storm Shutters: Yes
  • View:Lake: Yes
  • Waterfront Features:Lake Front: Yes
  • Waterfront Features:Pond2: Yes
  • Exterior Features:Outdoor Shower: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Lot Features:Sprinklers In Rear: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Cable Available, Electricity Connected, Water Available
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Electric3: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 233.0
  • Association Fee Frequency: Annually
  • Association Name: WATERMILL
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: WATERMILL
  • General Property Information:Association Fee: 233.0
  • General Property Information:Association Fee Frequency: Annually

Schools

  • Middle Or Junior School: Jefferson

Lot Info

  • Lot Size Sq Ft: 15246.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2508155
  • Parcel #: 25-36-13-27-00000.0-0035.00
  • ResoLotSizeUnits: Acres

Green Features

  • Green Water Conservation: Water-Smart Landscaping

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2446.2

MLS Schools

  • Elementary School: Tropical
  • High School: Merritt Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2023
Closed on
May 9, 2023
Sold by
Holtkamp Adam
Bought by
Cersosimo Scott Eric and Cersosimo Krystal
Seller's Agent
Theresa Friend
RE/MAX Elite
Buyer's Agent
Christine George
Blue Marlin Real Estate
List Price
$690,000
Sold Price
$687,800
Premium/Discount to List
-$2,200
-0.32%
Views
32
Current Estimated Value
$659,430

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$28,370
Avg. Annual Appreciation
-1.79%
Original Mortgage
$412,680
Outstanding Balance
$401,503
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$257,927

Purchase Details

Closed on
Oct 18, 2010
Sold by
Piccolo David M and Piccolo Sherry W
Bought by
Holtkamp Adam and Holtkamp Stephanie S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,983
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 25, 2000
Sold by
Cormack David E and Cormack Bershe L
Bought by
Piccolo David M and Piccolo Sherry W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.91%
Source: Public Records

Range of Values:

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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
Cersosimo Scott Eric $690,000 None Listed On Document
Holtkamp Adam $227,000 Security First Title & Escro
Piccolo David M $189,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cersosimo Scott Eric $412,680
Previous Owner Piccolo David M $256,000
Previous Owner Holtkamp Adam $256,000
Previous Owner Holtkamp Adam $223,983
Previous Owner Piccolo David M $50,000
Previous Owner Piccolo David M $35,000
Previous Owner Piccolo David M $101,050
Previous Owner Piccolo David M $25,000
Previous Owner Piccolo David M $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2023 05/09/23 Sold $687,800 -0.3% $313 / Sq Ft
04/17/2023 04/17/23 Pending -- -- --
04/02/2023 04/02/23 For Sale $690,000 -- $314 / 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 $3,980 $517,010 -- --
2023 $3,980 $308,040 $0 $0
2022 $2,446 $190,990 $0 $0
2021 $2,533 $185,430 $0 $0
2020 $2,473 $182,870 $0 $0
2019 $2,419 $178,760 $0 $0
2018 $2,421 $175,430 $0 $0
2017 $2,437 $171,830 $0 $0
2016 $2,472 $168,300 $80,000 $88,300
2015 $2,539 $167,140 $50,000 $117,140
2014 $2,554 $165,820 $43,000 $122,820
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 960244

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 25-36-13-27-00000.0-0035.00