Property Report for 550 E Merrimac Dr, Merritt Island, FL 32952

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550 E Merrimac Dr, Merritt Island, FL 32952
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550 E Merrimac Dr, Merritt Island, FL 32952
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Property Details
  • Property Address 550 E Merrimac Dr, Merritt Island, FL 32952
  • County Brevard
  • Parcel ID 24-37-31-76-0000E.0-0055.00
  • Legal description GATEWAY UNIT 2, REVISED REPLAT OF LOTS 42 TO 60 PB 19 PG 112 LOT 55 BLK E
  • School district Brevard County School District
  • Acreage 0.18
  • Property class Single Family Residence
  • Zoning Subscribe
  • Square footage 1,946
  • Year built 1977
  • Bedrooms 3
  • Bathrooms 2

About the Property

550 E Merrimac Dr is a single family residence in the city of Merritt Island, FL 32952. Located in the Brevard County School District, which resides in Brevard County, FL and built in 1977. This Single Family Residence sits on a 7,841 sq ft lot and features 3 bedrooms, 2 bathrooms and 1,946 sq ft of living space.

The most recent property tax for 550 E Merrimac Dr was $3,247 with an estimated market value range of $402,744 to $419,183. This property was last sold on October 21, 2021 for $270,000.

Property Info

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Flood

Ownership

Land
  • Acres 0.18
  • Square Feet 7,841
Building
  • Units 1
  • Year Built 1977
  • Effective Year Built 2000
  • Stories 1
  • # Fireplaces N/A
  • Garage/Carport 525 sq.ft.
Utilities
  • Cooling Central
  • Heating Central
Interior
  • Square Footage
  • Living Area 1,946
  • Total Rooms N/A
  • Bedrooms 3
  • Total Bathrooms 2
  • Full Bathrooms 2
Your Property Report will also include the following information:

Merritt Island Residential Market Stats

Median Sale Price $515,000 -0.9% YoY
Median Price/sq ft. $190
Brevard County Median Sale Price $515,000 -0.9% YoY

See more Real Estate Trends for Merritt Island including home values, types of properties sold and transaction volumes.

Taxes and Assessments for 550 E Merrimac Dr, Merritt Island

Tax YearTaxesTax Assesed ValueExemptions
2022$3,247 (+53.8%) $161,150 (+1.4%)

2022$3,247 (+53.8%) $268,230 (+68.8%)

2021$2,111 (+4.6%) $158,930 (+2.3%)

2020

2019

2018

2017

Access Full Tax & Assessment History for 550 E Merrimac Dr, Merritt Island. View Tax Information

Sales History for 550 E Merrimac Dr, Merritt Island

The most recent sale on 550 E Merrimac Dr took place on Oct 20, 2021 and recorded on Oct 21, 2021 for $270,000. Sign up for full access to the complete sales history including potential flips, distressed sales and buyer and seller data.
Sale DateRecorded DateBuyer(s)Seller(s)PriceDocument ID

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Recently Sold Comparables
These are nearby recently sold properties that are similar to this property, base on available data.
AddressDistanceSqFtSale DatePrice$/SqFt
535 GATEWAY DR .2 mi2,22306/16/2023$310,000$139
570 BELAIR AVE 2.06 mi2,28607/13/2023$382,000$167
480 SAIL LN APT 503 2.84 mi2,04807/05/2023$528,000$258
Active Mortgages and Equity Analysis
Date RecordedPositionOriginal AmountAmortized BalanceLoan TypeInterest RateLenderLender Type

  • Total Estimated Debt:

  • Estimated Value from ATTOM AVM:

  • Available Equity:

  • Loan To Value Ratio:

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Total Estimated Debt

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Access the complete Mortgage and Equity Analysis for 550 E Merrimac Dr, Merritt Island. View Mortgage and Equity
Automated Valuation Models (AVM)
Our Property Reports contain multiple Automated Valuation Models showing low, median, and high values along with confidence scores.
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Market Value Estimate
Dec 21, 2022 Confidence Score: 98%

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High
Rental Value Estimate ATTOM
Dec 25, 2022

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Various data sets have been provided by a third party or government source and are subject to change and possible errors. Depending on location and source, data may be missing or not available. Information is deemed reliable but not guaranteed to be accurate, up-to-date, or complete. Buyers, investors, and others are responsible for verifying the accuracy of all information.