540 North Banana River Drive

540 North Banana River Drive in Merritt Island, FL was first built in 1964 and is 60 years old. Although, the building on the property was most recently renovated and altered in 1995. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 4 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 540 North Banana River Drive has 2,214 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 758 ft and the linear feet between the front and back of the lot is 1,500. In total, the area measurement of the land is 11,326 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The home has a gable or hip style roof made of asphalt. For those who need parking, there is a attached garage. The garage is 670 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. The quality of the control joints have been graded by the local assessor with a letter grade of D. The exterior walls of the home are made of materials we are unsure of. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 540 North Banana River Drive sold most recently in Feb 20, 2020 for a total of $152,800. If you work out the math, that's approximately a cost of $52.33 per sqft. Before that, the property was also sold for $122,300 in Apr 18, 2017. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $3,343 in taxes each year. The initial year of tax delinquency occurred in 2021. 540 North Banana River Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $230,800. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.