NOT LISTED FOR SALE

770 S Banana River Dr Merritt Island, FL 32952

Estimated Value: $1,016,694 - $1,313,000

3 Beds
3 Baths
1,784 Sq Ft
$625/Sq Ft Est. Value

Last Sold April 16, 2015

Last sale price $450,000 $252 Per Sq Ft

Est. 148% increase in value since last sale

Current estimated payment $6,895/month

171 Days on Market

Highlights

  • Boat Dock
  • Home fronts a seawall
  • In Ground Pool
  • Tropical Elementary School Rated 9+
  • Boat Lift
  • Open Floorplan

About This Home

As of April 2015

LOCATION ~ LOCATION ~ LOCATION! Nearly 1/2 acre property on DIRECT, OPEN BANANA RIVER!! Key West vibe resonates a laid-back lifestyle...Relaxing, tranquil, tropical oasis invites you to slow down, put on a little Jimmy Buffet, and come sit next to the water in this 3BR/3BA, Open Floor plan for Family/Living, with separate, formal Dining room, Breakfast Bar, Retractable sliding doors in Kitchen lead to outdoor patio area with large, Oak shade trees and lush, tropical foliage that surround numerous wooden decks and a beautiful, free form, pebble rock pool. Private Covered Boat Dock with Lift; Oversized 2-car garage and circular driveway; Two built in storage sheds; one built off of pool deck and the other on S facing end of property. Bring your Boat!!

Last Agent to Sell the Property

Lisa Clough

Pastermack Real Estate Listed on: 09/18/2014

Last Buyer's Agent

Comp Agent

Space Coast Assoc of REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,143

Year Built

  • Built in 1963

Lot Details

  • 0.43 Acre Lot
  • Home fronts a seawall
  • River Front
  • West Facing Home
  • Wooded Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,784 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Furniture Can Be Negotiated
  • Built-In Features
  • Ceiling Fan
  • Dining Room
  • Bonus Room
  • Water Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Tile
  • Terrazzo

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Boat Lift
  • Deck

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

Listing and Financial Details

  • Assessor Parcel Number 25-37-06-00-00014.0-0000.00

Community Details

Overview

  • No Home Owners Association
  • Banana River Drive Subd Subdivision

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,143

Year Built

Built in 1963

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1963
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Wooded
  • Reso View: Water
  • Water Body Name: Banana River
  • Reso Association Amenities: Boat Dock
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Banana River Drive Subd
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 25-37-06-00-00014.0-0000.00
  • 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: 4143.05
  • Location Tax and Legal Tax Year2: 2013
  • General Property Information Living Area2: 1784.0
  • General Property Information Building Area Total3: 2289.0
  • General Property Information Lot Size Acres: 0.43
  • General Property Information Lot Size Square Feet2: 18595.0
  • 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 Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Levels One: Yes
  • Pool Features In Ground: Yes
  • Pool Features Private: Yes
  • Roof:Shingle: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Flooring Terrazzo: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • View Water3: Yes
  • Room Types Dining Room: Yes
  • Room Types Laundry: Yes
  • General Property Information Lot Size Dimensions: 93.0 ft x 125.0 ft
  • Exterior Features Boat Lift: Yes
  • Room Types Bonus Room: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Bar, Built-in Features, Ceiling Fan(s), Eat-in Kitchen, Open Floorplan, Pantry, Primary Bathroom - Tub with Shower, Walk-In Closet(s)
  • Flooring: Terrazzo, Tile
  • Appliances: Dishwasher, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Total Bedrooms: 9
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Built-in Features: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Walk-In Closet(s): Yes

Exterior Features

  • Exterior Features: Boat Lift
  • Pool Features: In Ground, Private
  • Roof: Shingle
  • Acres: 0.43
  • Waterfront Features: River Front, Seawall
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco, Other
  • Direction Faces: West
  • Patio And Porch Features: Deck
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio And Porch Features:Deck: Yes
  • Lot Features:Wooded: Yes
  • Construction Materials:Other15: Yes
  • Waterfront Features:Seawall: Yes
  • Waterfront Features:River Front: Yes
  • Construction Materials:Brick2: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Circular Driveway, Garage Door Opener
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Circular Driveway: Yes

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No
  • Association Amenities:Boat Dock: Yes

Schools

  • Middle Or Junior School: Jefferson

Lot Info

  • Lot Dimensions: 93.0 ft x 125.0 ft
  • Lot Size Sq Ft: 18595.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2514655
  • Parcel #: 25-37-06-00-00014.0-0000.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Negotiable

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 4143.05

MLS Schools

  • Elementary School: Tropical
  • High School: Merritt Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2014
Closed on
Apr 16, 2015
Sold by
Desoto Teresa and Grimsley Teresa D
Bought by
Chickonski Diana L and Chickonski Mason
Seller's Agent
Lisa Clough
Pastermack Real Estate
Buyer's Agent
Comp Agent
Space Coast Assoc of REALTORS
List Price
$538,900
Sold Price
$450,000
Premium/Discount to List
-$88,900
-16.5%
Current Estimated Value
$1,114,174

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$664,174
Avg. Annual Appreciation
9.12%
Original Mortgage
$405,000
Interest Rate
3.84%

Purchase Details

Closed on
Jan 26, 2009
Sold by
Grimsley Steven M and Grimsley Teresa D
Bought by
Grimsley Teresa D

Purchase Details

Closed on
Dec 17, 2008
Sold by
Grimsley Teresa D and Grimsley Steven M
Bought by
Grimsley Teresa D

Purchase Details

Closed on
Dec 23, 2004
Sold by
Delaney Patricia K and The Patricia K Delaney Trust
Bought by
Grimsley Steven M and Grimsley Teresa D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
5.12%

Purchase Details

Closed on
Oct 13, 1997
Sold by
Delaney Patricia K
Bought by
Delaney Patricia K
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
Chickonski Diana L $450,000 International Title & Escrow
Grimsley Teresa D -- Attorney
Grimsley Teresa D -- Attorney
Grimsley Steven M $639,000 Superior Title Insurance Age
Delaney Patricia K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chickonski Diana L $354,000
Closed Chickonski Diana L $405,000
Previous Owner Grimsley Steven M $200,000
Previous Owner Grimsley Steven M $340,000
Previous Owner Delaney Patricia K $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2015 04/16/15 Sold $450,000 -16.5% $252 / Sq Ft
03/07/2015 03/07/15 Pending -- -- --
09/17/2014 09/17/14 For Sale $538,900 -- $302 / 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 $10,031 $750,840 -- --
2023 $10,031 $814,940 $0 $0
2022 $8,747 $731,480 $0 $0
2021 $8,176 $571,400 $287,000 $284,400
2020 $7,937 $568,520 $284,280 $284,240
2019 $5,862 $391,810 $256,380 $135,430
2018 $5,593 $367,900 $233,130 $134,770
2017 $5,260 $325,210 $207,850 $117,360
2016 $5,344 $315,990 $199,010 $116,980
2015 $4,856 $264,990 $180,700 $84,290
2014 -- $240,900 $180,700 $60,200
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 706752

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 25-37-06-00-00014.0-0000.00