NOT LISTED FOR SALE

1515 Island Dr Merritt Island, FL 32952

Estimated Value: $270,000 - $346,000

3 Beds
2 Baths
1,172 Sq Ft
$261/Sq Ft Est. Value

Last Sold March 28, 2023

Last sale price $238,000 $203 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $1,963/month

7 Days on Market

Highlights

  • No HOA
  • Separate Outdoor Workshop
  • Patio
  • Screened Porch
  • Eat-In Kitchen
  • Tile Flooring

About This Home

As of March 2023

Why pass up a home when the bones are good? This Classic style Merritt Island home was owned by the same owner for over 40 years!!! A blast from the past with history in its foundation! 3 spacious bedrooms and 2 bathrooms. The exterior and interior was well maintained and kept clean! Roof is less than 5 years old!!! Come check out this beauty and put your own 21st century mark on it to make it your own!!!

Last Listed By

Donald Mullin

Blue Marlin Real Estate Listed on: 02/02/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $707

Year Built

  • Built in 1958

Lot Details

  • 9,583 Sq Ft Lot
  • North Facing Home
  • Wood Fence
  • Few Trees

Parking

  • 1 Carport Space

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 1,172 Sq Ft Home
  • 1-Story Property
  • Screened Porch

Kitchen

  • Eat-In Kitchen
  • Convection Oven
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Separate Outdoor Workshop
  • Shed

Schools

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

Community Details

  • No Home Owners Association
  • New Found Harbor Association
  • New Found Harbor Subdivision

Listing and Financial Details

  • Assessor Parcel Number 24-37-30-81-0000b.0-0010.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$707

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1958
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: In Garage
  • ResoLotFeatures: Few Trees
  • Co List Office Mls Id: obkma
  • Co List Office Phone: 321-877-2902
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: New Found Harbor
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Reso Other Structures: Shed(s), Workshop
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Eat-in Kitchen
  • Flooring: Carpet, Tile
  • Appliances: Convection Oven, Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • ResoLivingAreaSource: PublicRecords
  • Appliances:Convection Oven: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Eat-in Kitchen: Yes

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Fencing: Fenced, Wood
  • Acres: 0.22
  • Waterfront: No
  • Construction Type: Block, Concrete
  • Direction Faces: North
  • Patio And Porch Features: Patio, Porch, Screened
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Lot Features:Few Trees: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Carport
  • General Property Information:Garage YN: No
  • Laundry Features:In Garage: Yes
  • Parking Features:Carport: Yes

Utilities

  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association Name: NEW FOUND HARBOR
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No
  • General Property Information:Association Name: NEW FOUND HARBOR

Schools

  • Middle Or Junior School: Jefferson

Lot Info

  • Lot Size Sq Ft: 9583.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2437934
  • Parcel #: 24-37-30-81-0000b.0-0010.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 706.76

MLS Schools

  • Elementary School: Audubon
  • High School: Merritt Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2023
Closed on
Mar 28, 2023
Sold by
Galletta Frank
Bought by
Diamond Alec and Brock Amber
Seller's Agent
Donald Mullin
Blue Marlin Real Estate
Buyer's Agent
Leah Abston
Blue Marlin Real Estate
List Price
$260,000
Sold Price
$238,000
Premium/Discount to List
-$22,000
-8.46%
Total Days on Market
7
Views
2
Current Estimated Value
$305,856

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,856
Avg. Annual Appreciation
12.88%
Original Mortgage
$233,689
Outstanding Balance
$228,108
Interest Rate
6.32%
Mortgage Type
FHA
Estimated Equity
$77,748

Purchase Details

Closed on
Jun 18, 2014
Sold by
Galletta Josefa R
Bought by
Galletta Rocco P and Galletta Frank A

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
Diamond Alec $238,000 --
Galletta Rocco P -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Diamond Alec $233,689
Closed Diamond Alec $11,684
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2023 03/28/23 Sold $238,000 -8.5% $203 / Sq Ft
02/02/2023 02/02/23 Pending -- -- --
02/01/2023 02/01/23 For Sale $260,000 0.0% $222 / Sq Ft
01/28/2023 01/28/23 Pending -- -- --
01/26/2023 01/26/23 For Sale $260,000 -- $222 / 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 $3,104 $213,560 $145,000 $68,560
2022 $707 $49,850 $0 $0
2021 $696 $48,400 $0 $0
2020 $656 $47,740 $0 $0
2019 $592 $46,670 $0 $0
2018 $581 $45,800 $0 $0
2017 $568 $44,860 $0 $0
2016 $558 $43,940 $25,000 $18,940
2015 $551 $43,640 $25,000 $18,640
2014 $549 $43,300 $25,000 $18,300
Source: Public Records

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

MLS Number: 955696

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 24-37-30-81-0000B.0-0010.00