12 days on rocket

87 Lura Ln, Merritt Island, FL, 32953

$299,900

Home List Price

$3,561*

Closing Credit

4 Bedrooms
2 Full Baths
1,560 SqFt
$192/SqFt
House
Schools Nearby

Location

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87 Lura Ln, Merritt Island$299,900

Buyer Closing Credits

$3,561*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAdditional Parking, Attached Carport, Off Street, Parking Lot
Year Built1962
HeatingCentral, Electric, Heat Pump
CoolingCentral Air
MLS #1011813
Lot Size0.16 Acres
StatusActive

About 87 Lura Ln

Take a look at this beautifully renovated home in Merritt Island. This seller spared no expense renovating virtually every part of this home starting with a new roof, driveway, septic system, and vinyl plank style wood look flooring throughout the home. The brand-new kitchen has solid wood, soft close, grey painted cabinets with a large butler's pantry, gorgeous quartz countertops and new white appliances. Both bathrooms have been fully remodeled. HVAC was installed in June of 2023. In addition, it has a newer hot water heater. Most of the windows have been replaced with energy efficient vinyl windows. This home was designed with a separate living room as well as family room. New 200-amp electrical panel, LED lighting and new fans were installed. All the cast iron sewer pipes were replaced with PVC. This home will not last!

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1962
  • Stories: 1
  • Living Area: 1,560 SqFt

Listing Office:

  • Office Name: Gallo Realty Group LLC
  • Office Phone: (321) 307-6351
  • Listing Agent: Anthony Gallo

Interior Features

Interior Information:

  • Appliances: Convection Oven, Dryer, Electric Oven, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Water Heater, Microwave, Refrigerator
  • Flooring Type: Tile, Vinyl
  • Interior: Butler Pantry

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Additional Parking, Attached Carport, Off Street, Parking Lot

Virtual/3D Tour

  • Virtual Tour: 87 Lura Ln

Virtual Tour

Lot Features

Lot Information:

  • Lot: Few Trees
  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric, Heat Pump
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Merritt Island High School, Public District Grades PK-12
  • Thomas Jefferson Middle School, Public District Grades 7-8
  • MILA Elementary School, Public District Grades PK-6

Other

Directions Information:

  • Directions: Go South on N. Courtenay Parkway and turn right onto Lura Lane the property will be on your left hand side about the 7th house down from N. Courtenay Parkway.

Price Information

Listing Price Info

Price Summary:

  • List Price: $299,900
  • Price Per SqFt: $192/SqFt

Tax Information:

  • Annual Amount: $605
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Merritt Island, FL.

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Merritt Island, FL

City

Med. Sold Price

$474.9K

Med. Price/SqFt

$247

Avg. Days On Market

56

# of Sold Homes

85

87 Lura Ln vs Merritt Island

12 DAYS ON ROCKET

-44 Days

$299,900

-$175K Less

$192/SqFt

-$56 Less

KEY TAKEAWAY

This property is $175K less than the Median Sold Price and $56/SqFt less than other homes in Merritt Island, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Space Coast MLS (Space Coast Association of REALTORS®)
  • MLS Number: #1011813

Listing Office:

  • Office Name: Gallo Realty Group LLC
  • Office Phone: (321) 307-6351
  • Listing Agent: Anthony Gallo

IDX Copyright © 2024 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Space Coast Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/6/2024, 12:50:39 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$605$38,410
2019$532$37,550
2018$520$36,850
2017$520$36,100

History based on county public records data.

Payment Calculator

$1,564

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$966

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-6796596
4
/10

  • MILA Elementary School

  • 288 W Merritt Ave

  • 0.23 miles

  • Public District Grades PK-6

Middle School

school-card-donut-6796597
4
/10

  • Thomas Jefferson Middle School

  • 1275 S Courtenay Pkwy

  • 2.35 miles

  • Public District Grades 7-8

High School

school-card-donut-6796598
4
/10

  • Merritt Island High School

  • 100 Mustang Way

  • 0.82 miles

  • Public District Grades PK-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $33,718. Residents of Merritt Island, FL typically earn less than $35k each year. Typical family type is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 87 Lura Ln

What is the listing price of this property?

The listing price of 87 Lura Ln property is $299,900.

What type of property is this?

The property 87 Lura Ln is a house located in Merritt Island, Florida, 32953.

Is this property for sale now?

Active Listing: 87 Lura Ln is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 87 Lura Ln are:
MILA Elementary School: GreatSchools Rating 4/10
Thomas Jefferson Middle School: GreatSchools Rating 4/10
Merritt Island High School: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $605 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 87 Lura Ln has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 87 Lura Ln is 1,560 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 87 Lura Ln is 1962.

Rocket Homes›Florida›Brevard County›Merritt Island›32953›87 Lura Ln

This home is located at 87 Lura Ln in Merritt Island, FL and zip code 32953 in the Downtown Trailer Haven neighborhood. This 1,560 square foot home, which was built in 1962, sits on a 0.16 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 23, 2024 and is currently priced at $299,900.

In April 2024 more than 7 listings in Merritt Island, FL were sold above the asking price. During the same period more than 17 listings were sold at asking price, while more than 61 were sold below. Between March 2024 and April 2024, Merritt Island, FL real estate market has seen increase in the number of listings by 8.3%. In April 2024, listings were on the market for 56 days. During the same period, the median list price in this real estate market was $474,950.

From Rocket Homes Real Estate and based on county public records data.

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