NOT LISTED FOR SALE

8130 S Tropical Trail Merritt Island, FL 32952

Estimated Value: $1,318,000 - $1,656,000

4 Beds
4 Baths
2,951 Sq Ft
$497/Sq Ft Est. Value

Last Sold August 07, 2020

Last sale price $900,000 $305 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $9,133/month

102 Days on Market

Highlights

  • Boat Dock
  • Home fronts a seawall
  • River View
  • Ocean Breeze Elementary School Rated A-
  • In Ground Pool
  • 0.53 Acre Lot

About This Home

As of August 2020

Expansive 168' of DEEP WATER BANANA RIVER frontage with 2 master bedrooms downstairs and 2 bedrooms upstairs. UNBELIEVABLE WIDE ANGLE WATERFRONT VIEWS and Space Center launch front riverfront row seating! Updated kitchen overlooks family room and gorgeous pavered pool area. Privacy abounds in this secure gated and concrete walled estate.Double docks allow for two boats on this deep water channel. New ACs in 2017. New water heater in 2017. Hurricane shutter protection for added security. Oversized newer tile flooring downstairs. Huge POTENTIAL THEATER ROOM. Boater's dream with multiple private porches, summer kitchen and fantastic pie shaped backyard for games and fun. Rare opportunity to own a private estate on the riverfront close to beaches and excellent schools at a competitive price!

Last Agent to Sell the Property

Julia Dreyer

Dreyer & Associates R.E. Grp. License #386132 Listed on: 03/20/2020

Dreyer & Associates R.E. Grp.

Last Buyer's Agent

Julia Dreyer

Dreyer & Associates R.E. Grp. License #386132 Listed on: 03/20/2020

Dreyer & Associates R.E. Grp.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,632

Year Built

  • Built in 1979

Lot Details

  • 0.53 Acre Lot
  • Home fronts a seawall
  • River Front
  • Fenced
  • Front and Back Yard Sprinklers
  • Few Trees

Parking

  • 2 Car Attached Garage

Property Views

  • River
  • Pool

Home Design

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

Interior Spaces

  • 2,951 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Fireplace
  • Great Room
  • Family Room
  • Dining Room
  • Bonus Room

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Dual Closets
  • Walk-In Closet
  • In-Law or Guest Suite
  • 4 Full Bathrooms
  • Separate Shower in Primary Bathroom
  • Spa Bath

Laundry

  • Laundry Room
  • Sink Near Laundry

Home Security

  • Security System Owned
  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Accessible Home Design

  • Level Entry For Accessibility
  • Accessible Entrance

Pool

  • In Ground Pool
  • In Ground Spa
  • Waterfall Pool Feature

Outdoor Features

  • Courtyard
  • Deck
  • Patio
  • Porch

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 26-37-20-Jf-00000.0-0001.00

Community Details

Overview

  • No Home Owners Association
  • South Banyan Isles Association
  • South Banyan Isles Subdivision

Recreation

  • Boat Dock

Security

  • Phone Entry

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,632

Year Built

Built in 1979

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1979
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Sink
  • ResoLotFeatures: Few Trees, Sprinklers In Front, Sprinklers In Rear
  • Road Surface Type: Asphalt
  • Reso View: Pool, River, Water
  • Water Body Name: Banana River
  • ResoSecurityFeatures: Security System Leased, Security System Owned, Smoke Detector(s), Entry Phone/Intercom
  • Reso Association Amenities: Boat Dock
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: South Banyan Isles
  • Reso Accessibility Features: Accessible Entrance
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 26-37-20-Jf-00000.0-0001.00
  • 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: 6631.95
  • Location Tax and Legal Tax Year2: 2019
  • General Property Information Living Area2: 2951.0
  • General Property Information Building Area Total3: 3937.0
  • General Property Information Lot Size Acres: 0.53
  • General Property Information Lot Size Square Feet2: 23087.0
  • 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: Southwest
  • Appliances Microwave: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Fencing Fenced2: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Flooring Wood: Yes
  • Pets Allowed Yes: Yes
  • Pool Features In Ground: Yes
  • Pool Features Private: Yes
  • Road Surface Type Asphalt: Yes
  • Security Features Smoke Detector(s): Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • View Pool: Yes
  • Flooring Carpet: Yes
  • Laundry Features Sink: Yes
  • Levels Two: Yes
  • Water Source Well: Yes
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • Spa Features In Ground2: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • View Water3: Yes
  • Room Types Dining Room: Yes
  • Room Types Great Room: Yes
  • Security Features Security System Owned: Yes
  • Room Types Family Room: Yes
  • Room Types Laundry: Yes
  • Interior Features Guest Suite: Yes
  • Pool Features Waterfall: Yes
  • Security Features Entry PhoneIntercom: Yes
  • Security Features Security System Leased: Yes
  • General Property Information Lot Size Dimensions: 168’ x 180’
  • Utilities Propane3: Yes
  • Room Types Bonus Room: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-in Features, Ceiling Fan(s), Eat-in Kitchen, Guest Suite, His and Hers Closets, Open Floorplan, Pantry, Primary Bathroom - Tub with Shower, Primary Bathroom -Tub with Separate Shower, Primary Downstairs, Skylight(s), Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
  • Flooring: Carpet, Tile, Wood
  • Spa Features: Bath, In Ground
  • Appliances: Dishwasher, Disposal, Electric Range, Electric Water Heater, Ice Maker, Microwave
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Other
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Interior Features:Primary Downstairs: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Open Floorplan: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Built-in Features: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:His and Hers Closets: Yes
  • Spa Features:Bath: Yes
  • Interior Features:Skylight(s): Yes

Exterior Features

  • Exterior Features: Courtyard, Storm Shutters
  • Pool Features: In Ground, Private, Waterfall, Other
  • Roof: Metal
  • Fencing: Fenced
  • Acres: 0.53
  • Waterfront Features: River Front, Seawall
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: Southwest
  • Patio And Porch Features: Deck, Patio, Porch
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Exterior Features:Storm Shutters: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Lot Features:Sprinklers In Rear: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Accessibility Features:Accessible Entrance: Yes
  • Lot Features:Few Trees: Yes
  • Exterior Features:Courtyard: Yes
  • Waterfront Features:Seawall: Yes
  • View:River: Yes
  • Waterfront Features:River Front: 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, Propane
  • 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: SOUTH BANYAN ISLES
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No
  • General Property Information:Association Name: SOUTH BANYAN ISLES
  • Association Amenities:Boat Dock: Yes

Schools

  • Middle Or Junior School: DeLaura

Lot Info

  • Lot Dimensions: 168’ x 180’
  • Lot Size Sq Ft: 23087.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2606205
  • Parcel #: 26-37-20-Jf-00000.0-0001.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 6631.95

MLS Schools

  • Elementary School: Ocean Breeze
  • High School: Satellite

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 13, 2023
Sold by
Olesen Jennifer
Bought by
Phoenix Group 8130 Inc
Current Estimated Value
$1,465,277

Purchase Details

Listed on
Mar 20, 2020
Closed on
Jul 16, 2020
Sold by
Lewis Jewell M
Bought by
Olesen Mark and Olesen Jennifer
Seller's Agent
Julia Dreyer
Dreyer & Associates R.E. Grp.
Buyer's Agent
Julia Dreyer
Dreyer & Associates R.E. Grp.
List Price
$1,000,000
Sold Price
$900,000
Premium/Discount to List
-$100,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.15%
Original Mortgage
$450,000
Interest Rate
3.1%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 4, 2014
Sold by
Lewis Jewell M
Bought by
Lewis Jewell M

Purchase Details

Closed on
Oct 23, 2006
Sold by
Lewis Jewell M R and Lewis Thomas R
Bought by
Lewis Jewell M

Purchase Details

Closed on
Mar 13, 2001
Sold by
Lewis Thomas R
Bought by
Lewis Thomas R

Purchase Details

Closed on
Aug 12, 1999
Sold by
Carman Robert O and Carman Barbara L
Bought by
Lewis Thomas R
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
Phoenix Group 8130 Inc $100 None Listed On Document
Phoenix Group 8130 Inc $100 None Listed On Document
Olesen Mark $900,000 Title Security & Escrow Of C
Lewis Jewell M -- Attorney
Lewis Jewell M -- Attorney
Lewis Thomas R -- --
Lewis Thomas R $450,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Olesen Mark $450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2020 08/07/20 Sold $900,000 -7.7% $305 / Sq Ft
06/28/2020 06/28/20 Pending -- -- --
06/12/2020 06/12/20 Price Changed $975,000 -2.5% $330 / Sq Ft
03/18/2020 03/18/20 For Sale $1,000,000 -- $339 / 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 $13,785 $1,106,750 $575,000 $531,750
2022 $12,504 $1,077,560 $0 $0
2021 $11,643 $836,200 $430,000 $406,200
2020 $6,648 $487,500 $0 $0
2019 $6,632 $476,540 $0 $0
2018 $6,673 $467,660 $0 $0
2017 $6,780 $458,050 $0 $0
2016 $6,929 $448,630 $300,000 $148,630
2015 $7,163 $445,520 $300,000 $145,520
2014 $7,227 $441,990 $300,000 $141,990
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 871426

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 26-37-20-JF-00000.0-0001.00