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240 Spruce Ave

Merritt Island, FL 32953

3 bd 1 ba 1,394 sqft Built 1962 Lot 7,841 sqft single_family
Most recent sale
$325,000
Sep 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 28, 2022 Sold $325,000 MLS #944610
Aug 26, 2022 Listed $339,000 MLS #944610
Jan 7, 2022 Sold $280,000 MLS #921226
Mar 28, 2019 Sold $167,000 MLS #837630
Feb 21, 2019 Listed $167,000 MLS #837630
Sep 19, 2013 Sold $80,000 Public Record
Mar 24, 2006 Sold $190,000 MLS #351100
Nov 30, 2005 Listed $194,900 MLS #351100
Sep 1, 1992 Sold $59,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $133,620 $130,000 $263,620 $3,814
2024 $133,620 $130,000 $263,620 $3,379
2023 $166,800 $130,000 $296,800 $3,728
2021 $176,890 $2,316
2020 $109,450 $65,000 $174,450 $2,280
2019 $96,260 $411
2018 $78,640 $48,000 $126,640 $406
2017 $58,320 $46,000 $104,320 $394
2016 $56,660 $29,000 $85,660 $388
2015 $65,760 $376
2014 $59,790 $1,368
2013 $45,490 $1,136
2012 $49,450 $434
2011 $57,350 $504
2010 $73,460 $588
2009 $93,720 $866
2008 $114,000 $1,179

Property facts

Year built
1962
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,394 sqft
Lot size
7,841 sqft
ZIP code
32953
City
Merritt Island
Street
Spruce Ave
Coordinates
28.39133, -80.70554

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,579
Gross rental yield
9.52%
Implied cap rate
6.19%
Trend-extrapolated value

Frequently asked questions

When did 240 Spruce Ave last sell?
240 Spruce Ave most recently sold on Sep 28, 2022 for $325,000.
What is the current tax assessment for 240 Spruce Ave?
The most recent total assessment for 240 Spruce Ave (year 2025) is $263,620 with $3,814 in property tax.
How does 240 Spruce Ave's assessment compare to its last sale price?
The current assessment is 18.9% below the last sale price of $325,000.
When was 240 Spruce Ave built?
240 Spruce Ave was built in 1962.
How does 240 Spruce Ave compare to others on Spruce Ave?
We track 4 other properties on Spruce Ave. Browse the list under "Other properties on Spruce Ave" to compare beds, baths, and sale history.
What are the property facts for 240 Spruce Ave?
240 Spruce Ave is a 3 bed, 1 bath, 1,394 sqft, 7,841 sqft lot single_family.
Is 240 Spruce Ave a flip candidate?
No — 240 Spruce Ave does not appear in our flips dataset.
Is 240 Spruce Ave a tax-appeal candidate?
No — 240 Spruce Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.7%
Implied 1-yr
+7.0%
2026 Q3
$581.5K
2026 Q4
$590.6K
ZIP 32953 — Median Price History + Forecast

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