NOT LISTED FOR SALE

8050 S Tropical Trail Merritt Island, FL 32952

Estimated Value: $1,357,910 - $1,571,000

4 Beds
3.5 Baths
2,707 Sq Ft
$537/Sq Ft Est. Value

Last Sold June 29, 2017

Last sale price $878,000 $324 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $8,488/month

74 Days on Market

Highlights

  • Boat Dock
  • Home fronts a seawall
  • Above Ground Spa
  • Ocean Breeze Elementary School Rated A-
  • Boat Lift
  • RV Access or Parking

About This Home

As of June 2017

Exceptional 4 bdr/3.5 bath S. Merritt Island RIVERFRONT home w/ deep water channel for boaters. Designer kitchen w/ custom built wood cabinets, built-in coffee pot, 2 SS steam double ovens, French door refrig w/ paneled doors, & Quartz/Granite countertops. LR boasts a Stone Fireplace, Vaulted beamed ceilings & triple sliding glass door wall leading out to gorgeous open porch w/ auto screens & outdoor entertainment area. Dining area w/ built ins opens to family room w/ more river views through the impact resistant Low E windows. Outdoor kitchen w/ built in fireplace & jacuzzi, lead to terraced backyard w dock/boat lift & ADDTL dock w/boat/jetski space. Downstairs Master Suite includes his/hers bath, steam shower & jet tub. Owner spared no expense on remodel in 2011. MUST SEE! double French doors overlooking the river & leading out to covered outdoor entertainment area. HIS & HER separate bathrooms & closets w/ built ins. Both baths have walk in showers while HERS boasts a garden tub & Steam shower. Master includes an Office area w/ built in desk. Head upstairs on the gorgeous cherry wood steps & wrought iron railing to 3 bedrooms & a full bath. East bedroom suite has river views w/ french doors leading to upper deck overlooking the river. This home had a TOTAL REMODEL in 2011 & includes 2 tankless water heaters, & 2 new AC/Heat pumps. Gas tiki torches, electric remote controlled role up screen enclosures, two overhead pergolas in backyard, tile roof, large foyer with custom lighting throughout home. DEEP CHANNEL for larger boats. Professionally landscaped yard w/ paver driveway. Tastefully done & a MUST SEE!

Last Agent to Sell the Property

Linda Wise

Tropical Realty & Inv. of Brev License #3001422 Listed on: 03/16/2017

Co-Listed By

Leslie Boucher

Tropical Realty & Inv. of Brev

Last Buyer's Agent

Denise Stanton

Keller Williams Realty Brevard

Keller Williams Realty Brevard

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,831

Year Built

  • Built in 1981

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions are 100 x 180
  • Home fronts a seawall
  • River Front
  • West Facing Home
  • Front and Back Yard Sprinklers
  • Wooded Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway
  • Guest Parking
  • RV Access or Parking

Home Design

  • Frame Construction
  • Tile Roof
  • Wood Siding
  • Asphalt
  • Stucco

Interior Spaces

  • 2,707 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Great Room
  • Family Room
  • Living Room
  • Dining Room
  • Home Office
  • Library
  • Screened Porch
  • Water Views

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Double Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Dual Closets
  • Walk-In Closet
  • Bathtub and Shower Combination in Primary Bathroom
  • Spa Bath

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Above Ground Spa
  • Boat Lift
  • Balcony
  • Patio
  • Outdoor Kitchen
  • Fire Pit

Schools

  • Ocean Breeze Elementary School
  • Delaura Middle School
  • Satellite High School

Utilities

  • Central Heating and Cooling System
  • Well
  • Tankless Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 26-37-20-Jf-00000.0-0005.00

Community Details

Overview

  • No Home Owners Association
  • South Banyan Isles Subdivision

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,831

Year Built

Built in 1981

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1981
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • ResoLotFeatures: Sprinklers In Front, Sprinklers In Rear, Wooded
  • Road Surface Type: Asphalt
  • Reso View: Water
  • Water Body Name: Banana River
  • Reso Association Amenities: Boat Dock
  • Co List Office Mls Id: trop0
  • Co List Office Phone: 321-453-4881
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: South Banyan Isles
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 26-37-20-Jf-00000.0-0005.00
  • Location Tax and Legal Elementary School: Ocean Breeze
  • Location Tax and Legal Middle School2: DeLaura
  • Location Tax and Legal High School: Satellite
  • Location Tax and Legal Tax Annual Amount: 7830.78
  • Location Tax and Legal Tax Year2: 2016
  • General Property Information Living Area2: 2707.0
  • General Property Information Building Area Total3: 3389.0
  • General Property Information Lot Size Acres: 0.41
  • General Property Information Lot Size Square Feet2: 17860.0
  • 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
  • Flooring Wood: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Pets Allowed Yes: Yes
  • Road Surface Type Asphalt: Yes
  • Utilities Electricity Connected: Yes
  • Flooring Carpet: Yes
  • Levels Two: Yes
  • Water Source Well: Yes
  • Roof:Tile2: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • View Water3: Yes
  • Room Types Dining Room: Yes
  • Room Types Great Room: Yes
  • Interior Features Breakfast Nook: Yes
  • Room Types Family Room: Yes
  • Room Types Laundry: Yes
  • Room Types Library: Yes
  • Room Types Living Room: Yes
  • Room Types Office: Yes
  • General Property Information Lot Size Dimensions: 100 x 180
  • Spa Features Above Ground2: Yes
  • Exterior Features Boat Lift: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Nook, Built-in Features, Ceiling Fan(s), Eat-in Kitchen, His and Hers Closets, Kitchen Island, Open Floorplan, Pantry, Primary Bathroom - Tub with Shower, Primary Downstairs, Skylight(s), Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
  • Flooring: Carpet, Tile, Wood, Other
  • Spa Features: Above Ground, Bath
  • Appliances: Dishwasher, Disposal, Double Oven, Electric Water Heater, Microwave, Refrigerator, Tankless Water Heater, Trash Compactor
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning, Other
  • ResoLivingAreaSource: PublicRecords
  • General Property Information Bathrooms Half: 1
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Interior Features:Primary Downstairs: Yes
  • Appliances:Tankless Water Heater: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Built-in Features: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Double Oven: Yes
  • Interior Features:His and Hers Closets: Yes
  • Spa Features:Bath: Yes
  • Fireplace Features:Wood Burning: Yes
  • Interior Features:Skylight(s): Yes
  • Appliances:Trash Compactor: Yes

Exterior Features

  • Exterior Features: Balcony, Fire Pit, Outdoor Kitchen, Boat Lift
  • Pool Features: None
  • Roof: Tile
  • Acres: 0.41
  • Waterfront Features: River Front, Seawall
  • Waterfront: Yes
  • Construction Type: Frame, Stucco, Wood Siding
  • Direction Faces: West
  • Patio And Porch Features: Patio, Porch, Screened
  • Construction Materials:Stucco: Yes
  • Exterior Features:Fire Pit: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Construction Materials:Frame: Yes
  • Construction Materials:Wood Siding: Yes
  • Lot Features:Wooded: Yes
  • Exterior Features:Balcony: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Lot Features:Sprinklers In Rear: Yes
  • Exterior Features Outdoor Kitchen2: Yes
  • Waterfront Features:Seawall: Yes
  • Waterfront Features:River Front: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Circular Driveway, Garage Door Opener, Guest, RV Access/Parking
  • 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
  • Parking Features:Guest: Yes
  • Parking Features:RV AccessParking: Yes

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association Name: none
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No
  • General Property Information:Association Name: none
  • Association Amenities:Boat Dock: Yes

Schools

  • Middle Or Junior School: DeLaura

Lot Info

  • Lot Dimensions: 100 x 180
  • Lot Size Sq Ft: 17860.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2606209
  • Parcel #: 26-37-20-Jf-00000.0-0005.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 7830.78

MLS Schools

  • Elementary School: Ocean Breeze
  • High School: Satellite

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2017
Closed on
Jun 29, 2017
Sold by
Loumankin Thomas and Loumankin Lisa
Bought by
Schafer James H and Schafer Donna J
Seller's Agent
Linda Wise
Tropical Realty & Inv. of Brev
Buyer's Agent
Denise Stanton
Keller Williams Realty Brevard
List Price
$899,000
Sold Price
$878,000
Premium/Discount to List
-$21,000
-2.34%
Current Estimated Value
$1,453,478

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$575,478
Avg. Annual Appreciation
5.88%

Purchase Details

Closed on
Apr 24, 2009
Sold by
Suntrust Bank
Bought by
Loumankin Thomas and Loumankin Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Interest Rate
5.01%

Purchase Details

Closed on
Apr 2, 2008
Sold by
Dahlin Norma Sue and Bank Of America Na
Bought by
Suntrust Bank

Purchase Details

Closed on
Dec 28, 2005
Sold by
Vagianos William
Bought by
Dahlin Norma Sue

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
6.04%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 16, 2005
Sold by
Fawcett Anne C J
Bought by
Vagianos William and Dahlin Norma Sue

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.88%
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
Schafer James H $878,000 Island Title & Escrow Agency
Loumankin Thomas $480,000 Attorney
Suntrust Bank $550,000 None Available
Dahlin Norma Sue -- None Available
Vagianos William $875,000 American Heritage Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Loumankin Thomas $380,500
Previous Owner Loumankin Thomas $384,000
Previous Owner Vagianos William $112,000
Previous Owner Dahlin Norma Sue $0
Previous Owner Vagianos William $500,000
Previous Owner Vagianos William $187,895
Previous Owner Fawcett Anne C J $129,567
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2017 06/29/17 Sold $878,000 -2.3% $324 / Sq Ft
05/29/2017 05/29/17 Pending -- -- --
03/15/2017 03/15/17 For Sale $899,000 -- $332 / 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
2023 $6,817 $528,150 $0 $0
2022 $6,385 $512,770 $0 $0
2021 $6,737 $497,840 $0 $0
2020 $6,701 $490,970 $0 $0
2019 $6,169 $442,510 $0 $0
2018 $6,205 $434,260 $0 $0
2017 $7,658 $516,730 $0 $0
2016 $7,831 $506,110 $300,000 $206,110
2015 $8,101 $502,600 $300,000 $202,600
2014 $8,041 $490,550 $300,000 $190,550
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 778298

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 26-37-20-JF-00000.0-0005.00