$80,000
SOLD MAR 28, 2025

1485 S Banana River Dr Merritt Island, FL 32952

3 Beds
2 Baths
1,646 Sq Ft
0.65 Acres

Recently Sold

$49 Per Sq Ft

20% Below List Price

Highlights

  • 0.65 Acre Lot
  • No HOA
  • Chain Link Fence
  • Wooded Lot
  • East Facing Home
  • No Heating

About This Home

As of March 2025

Major Fixer or Tear Down with extensive code violations. Value is in the land. Existing structure is not suitable for occupancy. Unique opportunity to build one or two brand new homes.

Last Agent to Sell the Property

Chuck Bennett

Coldwell Banker Realty License #498661

Coldwell Banker Realty

Last Buyer's Agent

Chuck Bennett

Coldwell Banker Realty License #498661

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,874

Year Built

  • Built in 1954

Lot Details

  • 0.65 Acre Lot
  • East Facing Home
  • Chain Link Fence
  • Wooded Lot
  • Many Trees

Home Design

  • Fixer Upper
  • Concrete Siding

Interior Spaces

  • 1,646 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

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

Utilities

  • No Cooling
  • No Heating
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Banana River Drive Subd Subdivision

Listing and Financial Details

  • Assessor Parcel Number 25-37-07-Cx-*-21.03

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,874

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1954
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Many Trees, Wooded
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Banana River Drive Subd
  • Carport Y N: No
  • Garage Yn: No
  • New Construction: No
  • Reso Property Condition: Fixer
  • General Property Information:Pool Private YN: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 1
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Fencing: Chain Link, Fenced
  • Acres: 0.65
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Concrete
  • Direction Faces: East
  • Construction Materials:Concrete4: Yes
  • Lot Features:Wooded: Yes
  • Lot Features:Many Trees: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Other
  • General Property Information:Garage YN: No
  • Parking Features:Other26: Yes

Utilities

  • Cooling: None
  • Utilities: Cable Available, Electricity Available, Water Available
  • Heating: None
  • Cooling Y N: No
  • HeatingYN: No
  • Water Source: Public
  • Sewer Septic Tank: Yes
  • Heating:None3: 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

  • Current Use: Residential
  • Lot Size Sq Ft: 28314.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2515035
  • Parcel #: 25-37-07-Cx-*-21.03
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

MLS Schools

  • Elementary School: Tropical
  • High School: Merritt Island

Map

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2025 03/28/25 Sold $80,000 -20.0% $49 / Sq Ft
03/17/2025 03/17/25 Pending -- -- --
03/17/2025 03/17/25 For Sale $100,000 +44.9% $61 / Sq Ft
05/07/2013 05/07/13 Sold $69,000 -23.3% $42 / Sq Ft
03/29/2013 03/29/13 Pending -- -- --
02/14/2013 02/14/13 For Sale $90,000 -- $55 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

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 $1,874 $163,020 $0 $0
2022 $1,771 $153,760 $0 $0
2021 $1,598 $112,750 $103,500 $9,250
2020 $1,877 $111,770 $79,350 $32,420
2019 $1,812 $114,280 $79,350 $34,930
2018 $1,655 $93,810 $50,000 $43,810
2017 $1,526 $76,990 $43,750 $33,240
2016 $1,471 $70,290 $40,000 $30,290
2015 $1,370 $58,610 $31,250 $27,360
2014 $1,331 $55,220 $31,250 $23,970
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $50,919 Unknown
Previous Owner $202,000 New Conventional
Previous Owner $143,000 New Conventional
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $80,000 None Listed On Document
Warranty Deed $80,000 None Listed On Document
Quit Claim Deed -- Fidelity Natl
Special Warranty Deed $69,000 Landsafe Title
Trustee Deed -- Attorney
Warranty Deed $101,000 --
Source: Public Records

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

MLS Number: 1040330

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 25-37-07-CX-00000.0-0021.03