NOT LISTED FOR SALE

7127 Preserve Pointe Dr Merritt Island, FL 32953

Estimated Value: $683,000 - $723,000

3 Beds
3 Baths
-- Sq Ft
1 Acres

Last Sold November 19, 2019

Last sale price $125,000

Est. 461% increase in value since last sale

Current estimated payment $4,275/month

99 Days on Market

About This Home

As of November 2019

Preserve Point on Merritt Island Florida is an executive community with large custom built homes built on one acre estates. The gated community was started in 2015 and only about 25% of the estates are left out of the total 60 estate. The location is close to NASA Kennedy Space Center, Boeing, Blue Orgin, and other Space X businesses. Merritt Island is located on the Eastern Floridan coast, along the Atlantic Ocean. Preserve Point is located on the North side of Merritt Island which is primarily residential living with large estates, natural wildlife, and of course the space center. Great schools, Carroll Elementary, Jefferson Middle, & Merritt Island High. If you are interested in building a new home and want a great location, this is one of the best places to build in Florida!

Last Agent to Sell the Property

Ryan Solberg

MAXLIFE Realty LLC License #3354351 Listed on: 05/13/2019

Co-Listed By

Christopher Vanrichman

MAXLIFE Realty LLC

Last Buyer's Agent

James Kamenelis

Hoven Real Estate License #3342562

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $767

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 435.6 x 100
  • Cleared Lot

HOA Fees

  • $67 Monthly HOA Fees

Schools

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

Community Details

  • Preserve Pointe Subdivision

Listing and Financial Details

  • Assessor Parcel Number 23-36-15-01-0000c.0-0001.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$767

Lot Details

0

HOA Fees

$67 per month

Listing Details

  • Property Type: Land
  • Reso Property Sub Type: Unimproved Land
  • ResoLotFeatures: Cleared
  • Road Surface Type: Paved
  • Co List Office Mls Id: spc.omaxl
  • Co List Office Phone: 321-373-3536
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Preserve Pointe
  • Location Tax and Legal Parcel Number2: 23-36-15-01-0000c.0-0001.00
  • Location Tax and Legal Elementary School: Carroll
  • Location Tax and Legal Middle School2: Jefferson
  • Location Tax and Legal High School: Merritt Island
  • Location Tax and Legal Tax Annual Amount: 766.7
  • Location Tax and Legal Tax Year2: 2018
  • General Property Information Lot Size Acres: 1.0
  • General Property Information Lot Size Square Feet2: 43560.0
  • General Property Information Waterfront YN: No
  • General Property Information Senior Community YN: No
  • Utilities Electricity Connected: Yes
  • Water Source Public: Yes
  • General Property Information Lot Size Dimensions: 435.6 x 100
  • General Property Information Number Of Lots2: 1.0
  • Special Features: None
  • Property Sub Type: Detached

Exterior Features

  • Acres: 1.0
  • Waterfront: No
  • Lot Features:Cleared: Yes

Utilities

  • Utilities: Electricity Connected
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 66.66
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 66.66
  • General Property Information:Association Fee Frequency: Monthly

Schools

  • Middle Or Junior School: Jefferson

Lot Info

  • Number Of Lots: 1
  • Current Use: Residential, Single Family
  • Lot Dimensions: 435.6 x 100
  • Lot Size Sq Ft: 43560.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 23-36-15-01-0000c.0-0001.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 766.7

MLS Schools

  • Elementary School: Carroll
  • High School: Merritt Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2019
Closed on
Nov 8, 2019
Sold by
Frank Kenneth J and Frank Kiela R
Bought by
Hamilton Jennifer Lee and Hamilton Jodi Michelle
Seller's Agent
Ryan Solberg
MAXLIFE Realty LLC
Buyer's Agent
James Kamenelis
Hoven Real Estate
List Price
$140,000
Sold Price
$125,000
Premium/Discount to List
-$15,000
-10.71%
Current Estimated Value
$700,909

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$575,909
Avg. Annual Appreciation
12.05%
Original Mortgage
$474,000
Outstanding Balance
$419,993
Interest Rate
3.6%
Mortgage Type
VA
Estimated Equity
$280,916

Purchase Details

Closed on
Nov 21, 2014
Sold by
Gold Key Enterprises Llc
Bought by
Frank Kenneth J and Frank Kiela R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,000
Interest Rate
6%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Hamilton Jennifer Lee $125,000 On Point Title Services Llc
Frank Kenneth J $70,000 Countywide Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hamilton Jennifer Lee $474,000
Previous Owner Frank Kenneth J $28,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/19/2019 11/19/19 Sold $125,000 -65.0% --
11/08/2019 11/08/19 Sold $357,300 0.0% $145 / Sq Ft View Prior Sale
11/08/2019 11/08/19 Pending -- -- --
11/08/2019 11/08/19 For Sale $357,300 +155.2% $145 / Sq Ft
08/21/2019 08/21/19 Pending -- -- --
05/13/2019 05/13/19 For Sale $140,000 -- --
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 $6,031 $500,390 -- --
2024 $5,991 $486,290 -- --
2023 $5,991 $472,130 $0 $0
2022 $5,606 $458,380 $0 $0
2021 $5,909 $445,030 $63,000 $382,030
2020 $1,401 $104,000 $104,000 $0
2019 $878 $97,000 $97,000 $0
2018 $767 $79,000 $79,000 $0
2017 $644 $14,750 $0 $0
2016 $431 $27,000 $27,000 $0
2015 $448 $27,000 $27,000 $0
2014 $457 $27,000 $27,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Thomas Walter

    Seller's Agent in 2019

    Thomas Walter

    Arium Real Estate, LLC

    (321) 258-5482

    9 Total Sales

    Thomas Walter
    Section Image
  • Ryan Solberg

    Seller's Agent in 2019

    Ryan Solberg

    MAXLIFE Realty LLC

    (715) 292-1538

    2 in this area

    76 Total Sales

    Ryan Solberg
    Section Image

  • C

    Seller Co-Listing Agent in 2019

    Christopher Vanrichman

    MAXLIFE Realty LLC

  • Nancy May

    Buyer's Agent in 2019

    Nancy May

    One Sotheby's International

    (321) 323-0423

    11 Total Sales

    Nancy May
    Section Image
  • James Kamenelis

    Buyer's Agent in 2019

    James Kamenelis

    Hoven Real Estate

    (321) 345-1925

    2 Total Sales

    James Kamenelis
    Section Image
See All Agents

Map

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

MLS Number: 844871

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 23-36-15-01-0000C.0-0001.00

Florida Brevard County Merritt Island 32953

7127 Preserve Pointe Dr, Merritt Island, FL

This home is located at 7127 Preserve Pointe Dr, Merritt Island, FL 32953 since 13 May 2019 and is currently estimated at $700,909. 7127 Preserve Pointe Dr is a home located in Brevard County with nearby schools including Lewis Carroll Elementary School, Thomas Jefferson Middle School, and Merritt Island High School.

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.

Nearby Homes