NOT LISTED FOR SALE

940 S Tropical Trail Merritt Island, FL 32952

Estimated Value: $262,000 - $301,000

2 Beds
1 Bath
1,158 Sq Ft
$236/Sq Ft Est. Value

Last Sold May 15, 2014

Last sale price $46,823 $40 Per Sq Ft

Est. 484% increase in value since last sale

Current estimated payment $1,567/month

12 Days on Market

Highlights

  • 0.57 Acre Lot
  • 1-Story Property
  • Wood Siding
  • No HOA
  • South Facing Home
  • Carpet

About This Home

As of May 2014

Don’t miss out on this home on a large lot on South Merritt Island. Very close to beaches, shopping and restaurants. HUD property sold as-is. (IE) Information from sources deemed to be reliable but not guaranteed.Buyer to verify all information. HUD Property Case # 094-562871 EQUAL HOUSING OPPORTUNITY

Last Agent to Sell the Property

Scott Sawyer

Millenia REALTORS License #585122 Listed on: 03/27/2014

Last Buyer's Agent

Scott Sawyer

Millenia REALTORS License #585122 Listed on: 03/27/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $862

Year Built

  • Built in 1940

Lot Details

  • 0.57 Acre Lot
  • South Facing Home

Home Design

  • Frame Construction
  • Shingle Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 1,158 Sq Ft Home
  • 1-Story Property
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Tropical Elementary School
  • Jefferson Middle School
  • Merritt Island High School

Utilities

  • Cable TV Available

Community Details

  • No Home Owners Association
  • River Cliff Subdivision

Listing and Financial Details

  • Foreclosure
  • Assessor Parcel Number 25-36-02-27-00005.0-0004.02

Home Details

Home Type

Single Family

Est. Annual Taxes

$862

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1940
  • Reso Property Sub Type: Single Family Residence
  • ResoSpecialListingConditions: In Foreclosure
  • Subdivision Name: River Cliff
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 25-36-02-27-00005.0-0004.02
  • 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: 861.7
  • Location Tax and Legal Tax Year2: 2013
  • General Property Information Living Area2: 1158.0
  • General Property Information Lot Size Acres: 0.57
  • General Property Information Lot Size Square Feet2: 24829.0
  • General Property Information New Construction YN: No
  • General Property Information Waterfront YN: No
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: South
  • Levels One: Yes
  • Roof:Shingle: Yes
  • Utilities Cable Available: Yes
  • Flooring Carpet: Yes
  • General Property Information Carport YN2: No
  • Special Listing Conditions In Foreclosure: Yes
  • Special Features: 1028
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Pantry
  • Flooring: Carpet
  • Appliances: None
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • ResoLivingAreaSource: PublicRecords
  • Interior Features:Pantry: Yes
  • Appliances:None: Yes

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Acres: 0.57
  • Waterfront: No
  • Construction Type: Frame, Vinyl Siding, Wood Siding
  • Direction Faces: South
  • Construction Materials:Frame: Yes
  • Construction Materials:Wood Siding: Yes
  • Construction Materials:Vinyl Siding: Yes

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

  • Utilities: Cable Available

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: 24829.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 25-36-02-27-00005.0-0004.02
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 861.7

MLS Schools

  • Elementary School: Tropical
  • High School: Merritt Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2014
Closed on
May 15, 2014
Sold by
Secretary Department Of Housing & Urban
Bought by
Healy Cindy O
Seller's Agent
Scott Sawyer
Millenia REALTORS
Buyer's Agent
Scott Sawyer
Millenia REALTORS
List Price
$41,000
Sold Price
$46,823
Premium/Discount to List
$5,823
14.2%
Current Estimated Value
$273,332

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$226,509
Avg. Annual Appreciation
16.64%

Purchase Details

Closed on
Nov 25, 2013
Sold by
Mcclain Amber E and Florida Housing Finance Corpor
Bought by
U S Bank National Association

Purchase Details

Closed on
Dec 10, 2008
Sold by
Deutsche Bank National Trust Company
Bought by
Mcclam Amber E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
5.95%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Dec 6, 2005
Sold by
Wilson Albert and Wilson Patricia L
Bought by
Mangaroo Nicole L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,400
Interest Rate
7.35%

Purchase Details

Closed on
Sep 21, 2004
Sold by
Langston Timothy S
Bought by
Wilson Albert and Wilson Patricia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
5.37%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Healy Cindy O $46,900 Lawyers Advantage Title Grou
U S Bank National Association -- Attorney
Mcclam Amber E $70,000 Buyers Title Inc
Mangaroo Nicole L $216,000 Aaa Title
Wilson Albert $160,000 Aaa Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcclam Amber E $10,000
Previous Owner Mcclam Amber E $64,611
Previous Owner Mangaroo Nicole L $194,400
Previous Owner Wilson Albert $144,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2014 05/15/14 Sold $46,823 +14.2% $40 / Sq Ft
04/07/2014 04/07/14 Pending -- -- --
03/26/2014 03/26/14 For Sale $41,000 -- $35 / 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
2025 $1,592 $126,530 -- --
2024 $1,560 $122,970 -- --
2023 $1,560 $119,390 $0 $0
2022 $1,451 $115,920 $0 $0
2021 $1,479 $112,550 $0 $0
2020 $1,432 $111,000 $0 $0
2019 $1,371 $108,510 $0 $0
2018 $1,366 $106,490 $0 $0
2017 $1,364 $104,300 $52,800 $51,500
2016 $1,559 $83,110 $36,000 $47,110
2015 $1,397 $62,700 $27,600 $35,100
2014 $1,341 $58,190 $27,600 $30,590
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 692700

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 25-36-02-27-00005.0-0004.02