NOT LISTED FOR SALE

8940 S Tropical Trail Merritt Island, FL 32952

Estimated Value: $1,270,000 - $1,518,004

3 Beds
2.5 Baths
3,261 Sq Ft
$427/Sq Ft Est. Value

Last Sold August 28, 2015

Last sale price $489,900 $150 Per Sq Ft

Est. 184% increase in value since last sale

Current estimated payment $8,197/month

66 Days on Market

Highlights

  • Boat Dock
  • Boat Ramp
  • In Ground Pool
  • Ocean Breeze Elementary School Rated A-
  • Boat Lift
  • River View

About This Home

As of August 2015

This is the diamond in the rough that you have been waiting for. This 3 bedroom, 2.5 bath, 3261 sq. ft., pool home situated on .48 acres with 100 feet of direct Indian River front access needs your attention to restore it to its grandeur. This property has a dock with 2 boat lifts and a private boat ramp for easy access. Make this your dream home or a potential investment. The home needs cosmetic repairs and is missing its kitchen. The upside potential is endless. Act today or someone else will.

Last Agent to Sell the Property

Bill Kehoe, Broker

NextHome Platinum License #3375499 Listed on: 06/15/2015

NextHome Platinum

Last Buyer's Agent

Brandon Barker

Keller Williams Realty Brevard License #3303941

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,708

Year Built

  • Built in 1991

Lot Details

  • 0.43 Acre Lot
  • River Front
  • West Facing Home
  • Vinyl Fence

Parking

  • 2 Car Attached Garage

Home Design

  • Frame Construction
  • Tile Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 3,261 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Great Room
  • Family Room
  • Dining Room
  • Tile Flooring
  • River Views
  • Hurricane or Storm Shutters
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Separate Shower in Primary Bathroom
  • Spa Bath

Pool

  • In Ground Pool
  • Screen Enclosure

Outdoor Features

  • Boat Lift
  • Boat Ramp
  • Shed

Schools

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

Utilities

  • Cable TV Available

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 26-37-28-Dr-00000.0-0011.08

Community Details

Overview

  • No Home Owners Association
  • Sanders Subd Subdivision

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,708

Year Built

Built in 1991

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1991
  • Reso Property Sub Type: Single Family Residence
  • Reso View: River, Water
  • Water Body Name: Indian River
  • Reso Association Amenities: Boat Dock
  • ResoSpecialListingConditions: Real Estate Owned
  • Subdivision Name: Sanders Subd
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Other Structures: Shed(s)
  • Location Tax and Legal Parcel Number2: 26-37-28-Dr-00000.0-0011.08
  • 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: 6708.29
  • Location Tax and Legal Tax Year2: 2014
  • General Property Information Living Area2: 3261.0
  • General Property Information Building Area Total3: 3811.0
  • General Property Information Lot Size Acres: 0.43
  • General Property Information Lot Size Square Feet2: 18731.0
  • 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
  • Fencing Fenced2: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Pool Features In Ground: Yes
  • Pool Features Private: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Levels Two: Yes
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • Roof:Tile2: Yes
  • General Property Information Carport YN2: No
  • Other Structures Shed(s): Yes
  • Utilities Water Available: Yes
  • View Water3: Yes
  • Room Types Dining Room: Yes
  • Room Types Great Room: Yes
  • Pool Features Screen Enclosure: Yes
  • Room Types Family Room: Yes
  • Room Types Laundry: Yes
  • General Property Information Lot Size Dimensions: 90.0 ft x 125.0 ft
  • Exterior Features Boat Lift: Yes
  • Fencing Vinyl2: Yes
  • Exterior Features Boat Ramp - Private: Yes
  • Special Listing Conditions Real Estate Owned: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Primary Bathroom - Tub with Shower, Primary Bathroom -Tub with Separate Shower, Primary Downstairs, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
  • Flooring: Tile
  • Spa Features: Bath
  • Appliances: None
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning, Other
  • ResoLivingAreaSource: PublicRecords
  • General Property Information Bathrooms Half: 1
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Spa Features:Bath: Yes
  • Fireplace Features:Wood Burning: Yes
  • Appliances:None: Yes

Exterior Features

  • Exterior Features: Boat Lift, Boat Ramp - Private, Storm Shutters
  • Pool Features: In Ground, Private, Screen Enclosure
  • Roof: Tile
  • Fencing: Fenced, Vinyl
  • Acres: 0.43
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Construction Type: Frame, Stucco, Wood Siding
  • Direction Faces: West
  • Construction Materials:Stucco: Yes
  • Exterior Features:Storm Shutters: Yes
  • Construction Materials:Frame: Yes
  • Construction Materials:Wood Siding: 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

  • Utilities: Cable Available, Electricity Connected, Water Available

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: DeLaura

Lot Info

  • Lot Dimensions: 90.0 ft x 125.0 ft
  • Lot Size Sq Ft: 18731.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2609581
  • Parcel #: 26-37-28-Dr-00000.0-0011.08
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 6708.29

MLS Schools

  • Elementary School: Ocean Breeze
  • High School: Satellite

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 28, 2021
Sold by
Barker Patrick K and Barker Robyn
Bought by
Peat Martin and Peat Melissa E
Current Estimated Value
$1,392,751

Purchase Details

Listed on
Jun 15, 2015
Closed on
Aug 28, 2015
Sold by
Grissom Investments Llc
Bought by
Barker Patrick Kimbrough and Barker Robyn Lynn
Seller's Agent
Bill Kehoe, Broker
NextHome Platinum
Buyer's Agent
Brandon Barker
Keller Williams Realty Brevard
List Price
$799,900
Sold Price
$489,900
Premium/Discount to List
-$310,000
-38.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.89%

Purchase Details

Closed on
Apr 28, 2015
Sold by
Souza Joseph A
Bought by
Td Bank Na

Purchase Details

Closed on
Feb 19, 1998
Sold by
Beito Maria E
Bought by
Souza Joseph A
Source: Public Records

Range of Values:

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Average Value
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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
Peat Martin $350,000 None Listed On Document
Barker Patrick Kimbrough -- Attorney
Grissom Investments Llc $489,900 Gullett Title Inc
Td Bank Na -- None Available
Souza Joseph A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Souza Joseph A $523,000
Previous Owner Souza Joseph A $500,000
Previous Owner Souza Joseph A $30,000
Previous Owner Souza Joseph A $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2015 08/28/15 Sold $489,900 -2.0% $150 / Sq Ft
08/21/2015 08/21/15 Pending -- -- --
08/14/2015 08/14/15 Price Changed $499,900 -23.1% $153 / Sq Ft
07/13/2015 07/13/15 Price Changed $650,000 -18.7% $199 / Sq Ft
06/15/2015 06/15/15 For Sale $799,900 -- $245 / 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 $7,307 $591,410 -- --
2023 $7,307 $574,190 $0 $0
2022 $6,826 $557,470 $0 $0
2021 $7,161 $541,240 $0 $0
2020 $6,921 $518,160 $0 $0
2019 $6,909 $506,520 $0 $0
2018 $9,304 $627,780 $314,500 $313,280
2017 $9,356 $605,570 $314,500 $291,070
2016 $9,475 $585,520 $303,800 $281,720
2015 $6,648 $421,280 $294,800 $126,480
2014 -- $417,940 $266,440 $151,500
Source: Public Records

Agents Affiliated with this Home

  • Bill Kehoe, Broker

    Seller's Agent in 2015

    Bill Kehoe, Broker

    NextHome Platinum

    (321) 394-9813

    1 in this area

    27 Total Sales

    Bill Kehoe, Broker
    Section Image

  • B

    Buyer's Agent in 2015

    Brandon Barker

    Keller Williams Realty Brevard

See All Agents

Map

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

MLS Number: 727827

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 26-37-28-DR-00000.0-0011.08

Florida Brevard County Merritt Island 32952

8940 S Tropical Trail, Merritt Island, FL

This home is located at 8940 S Tropical Trail, Merritt Island, FL 32952 since 15 June 2015 and is currently estimated at $1,392,751, approximately $427 per square foot. This property was built in 1991. 8940 S Tropical Trail is a home located in Brevard County with nearby schools including Ocean Breeze Elementary School, Satellite Senior High School, and Delaura Middle 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.

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