NOT LISTED FOR SALE

865 S Tropical Trail Merritt Island, FL 32952

Estimated Value: $1,029,000 - $1,323,000

4 Beds
3 Baths
2,480 Sq Ft
$477/Sq Ft Est. Value

Last Sold July 31, 2019

Last sale price $770,000 $310 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $7,101/month

6 Days on Market

Highlights

  • Home fronts a seawall
  • Intracoastal View
  • 1.65 Acre Lot
  • Tropical Elementary School Rated 9+
  • In Ground Pool
  • Wood Flooring

About This Home

As of July 2019

This craftman's bungalow is located in a desired area of South Merritt Island directly on the Indian River with 124 feet of waterfront and seawall on 1.6 acres. A rare find!!!! River frontage and acreage! Charming home with original, perfectly maintained features including windows, 45 degree storm sheating and cypress trim, handcrafted. This home has withstood many a storm! Sun room, large living area with coquina fireplace, 2 AC, 2 water heaters, new roof in 2018, and enclosed pool. The property has a large carport, a full detached garage used as a workshop, a variety of fruit trees plus mature oaks. Some of the floors are Merritt Island pine in beautiful shape. The kitchen has a gas stove, pantry and plenty of working space. This unique prize'' will not last on the market

Last Agent to Sell the Property

Sue Nisbet

Nisbet Realty, Inc. License #185587 Listed on: 04/25/2019

Last Buyer's Agent

Zachary Spurlock

RE/MAX Elite

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,992

Year Built

  • Built in 1938

Lot Details

  • 1.65 Acre Lot
  • Home fronts a seawall
  • River Front
  • South Facing Home
  • Few Trees

Parking

  • 2 Car Detached Garage
  • 2 Carport Spaces

Home Design

  • Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2,480 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Intracoastal Views
  • Gas Range

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Dual Closets
  • 3 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • 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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 25-36-02-00-00274.0-0000.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,992

Year Built

Built in 1938

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1938
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • ResoLotFeatures: Easement Access, Few Trees
  • Road Surface Type: Gravel
  • Reso View: Water, Intracoastal
  • Water Body Name: Indian River
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: None
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 25-36-02-00-00274.0-0000.00
  • 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: 3991.62
  • Location Tax and Legal Tax Year2: 2018
  • General Property Information Living Area2: 2480.0
  • General Property Information Building Area Total3: 2480.0
  • General Property Information Lot Size Acres: 1.65
  • General Property Information Lot Size Square Feet2: 71874.0
  • General Property Information New Construction YN: No
  • General Property Information Carport Spaces2: 2.0
  • General Property Information Waterfront YN: Yes
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: South
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Flooring Wood: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: 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 Carpet: Yes
  • General Property Information Carport YN2: Yes
  • Utilities Water Available: Yes
  • View Water3: Yes
  • Pool Features Screen Enclosure: Yes
  • Flooring Vinyl: Yes
  • View Intracoastal: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: His and Hers Closets, Pantry, Primary Bathroom - Tub with Shower, Primary Downstairs, Split Bedrooms
  • Flooring: Carpet, Vinyl, Wood
  • Appliances: Dryer, Electric Water Heater, Gas Range, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning, Other
  • Total Bedrooms: 11
  • ResoLivingAreaSource: PublicRecords
  • Appliances:Electric Water Heater: Yes
  • Interior Features:Primary Downstairs: Yes
  • Appliances:Gas Range: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:His and Hers Closets: Yes
  • Fireplace Features:Wood Burning: Yes

Exterior Features

  • Pool Features: In Ground, Private, Screen Enclosure, Other
  • Roof: Shingle
  • Acres: 1.65
  • Waterfront Features: River Front, Seawall
  • Waterfront: Yes
  • Construction Type: Frame, Wood Siding
  • Direction Faces: South
  • Construction Materials:Frame: Yes
  • Construction Materials:Wood Siding: Yes
  • Lot Features:Few Trees: Yes
  • Waterfront Features:Seawall: Yes
  • Waterfront Features:River Front: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Carport, Covered, Detached
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Carport: Yes
  • Parking Features:Covered: Yes
  • Parking Features:Detached: 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

Schools

  • Middle Or Junior School: Jefferson

Lot Info

  • Lot Size Sq Ft: 71874.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2522327
  • Parcel #: 25-36-02-00-00274.0-0000.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 3991.62

MLS Schools

  • Elementary School: Tropical
  • High School: Merritt Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2019
Closed on
Jul 31, 2019
Sold by
Smith David E and Smith Mary H
Bought by
Schiedel Elizabeth
Seller's Agent
Sue Nisbet
Nisbet Realty, Inc.
Buyer's Agent
Zachary Spurlock
RE/MAX Elite
List Price
$799,900
Sold Price
$770,000
Premium/Discount to List
-$29,900
-3.74%
Current Estimated Value
$1,183,272

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$413,272
Avg. Annual Appreciation
6.82%

Purchase Details

Closed on
Dec 6, 1993
Sold by
Smith John A and Smith Betty Ann
Bought by
Smith David E and Smith Mary H
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
Schiedel Elizabeth $770,000 Island T&E Agcy Inc
Smith David E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schiedel Barrett Lee $400,000
Previous Owner Smith David E $100,000
Previous Owner Smith David E $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2019 07/31/19 Sold $770,000 -3.7% $310 / Sq Ft
04/30/2019 04/30/19 Pending -- -- --
04/24/2019 04/24/19 For Sale $799,900 -- $323 / 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 $7,991 $667,300 -- --
2023 $7,991 $643,660 $0 $0
2022 $8,234 $647,850 $0 $0
2021 $8,540 $612,280 $514,500 $97,780
2020 $8,488 $596,810 $496,440 $100,370
2019 $3,973 $293,880 $0 $0
2018 $3,992 $288,410 $0 $0
2017 $4,048 $282,480 $0 $0
2016 $4,127 $376,400 $376,400 $0
2015 $4,257 $341,280 $341,280 $0
2014 $4,291 $328,780 $328,780 $0
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 843298

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 25-36-02-00-00274.0-0000.00