NOT LISTED FOR SALE

1385 Cepheus Ct Merritt Island, FL 32953

Estimated Value: $668,000 - $738,000

3 Beds
2 Baths
2,233 Sq Ft
$313/Sq Ft Est. Value

Last Sold May 30, 2023

Last sale price $705,000 $316 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $4,388/month

26 Days on Market

Highlights

  • Boathouse
  • Home fronts navigable water
  • Solar Heated In Ground Pool
  • Boat Dock
  • Boat Lift
  • Home fronts a creek

About This Home

As of May 2023

Beautifully Updated Home with screened pool and boat lift on the canal! 3 Bedroom, 2 Bath, 2 Car Garage, Large Vinyl-Fenced Yard in highly sought-after Neighborhood! This home is Bright, Open, and ready to Entertain with a remodeled Kitchen with granite, soft close drawers, Kitchen Aid Stainless appliances with a separate bar area to match. Hard Floors throughout with 2022 Ceramic Plank Tiles in main living areas. Primary Bedroom has a built-in vanity, walk in closet, and large step in shower in the Bath. The hall bath goes from the 2 other bedrooms to the under-air Florida room that leads out to the huge screened in pool area that overlooks the boat lift, tiki area, and canal. There are hurricane panels, 2017 HVAC & duct replacement. Ready! Enjoy!

Last Agent to Sell the Property

Kaitlin Bertino

Blue Marlin Real Estate License #3454469 Listed on: 03/21/2023

Blue Marlin Real Estate

Co-Listed By

Thomas Kuhn

Blue Marlin Real Estate License #3426320

Last Buyer's Agent

Geoffrey Wright

RE/MAX Aerospace Realty License #3460007

RE/MAX Aerospace Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,553

Year Built

  • Built in 1972

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 80 x 110
  • Home fronts a creek
  • Home fronts navigable water
  • Home fronts a canal
  • East Facing Home
  • Vinyl Fence

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Property Views

  • Canal
  • Pool

Home Design

  • Tile Roof
  • Concrete Siding
  • Block Exterior
  • Asphalt
  • Stucco

Interior Spaces

  • 2,233 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Great Room
  • Family Room
  • Bonus Room
  • Screened Porch
  • Attic Fan
  • Hurricane or Storm Shutters

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom
  • Solar Tube

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Pool

  • Solar Heated In Ground Pool
  • Screen Enclosure

Outdoor Features

  • Boat Lift
  • Boathouse
  • Patio
  • Shed

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 24-36-23-77-0000l.0-0065.00

Community Details

Overview

  • Property has a Home Owners Association
  • Diana Shores Unit No 5 Association
  • Diana Shores Unit No 5 Subdivision

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,553

Year Built

Built in 1972

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1972
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: In Garage
  • Road Surface Type: Asphalt
  • Reso View: Canal, Pool, Water
  • Water Body Name: Sykes Creek
  • Reso Association Amenities: Boat Dock
  • Co List Office Mls Id: obkma
  • Co List Office Phone: 321-877-2902
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Diana Shores Unit No 5
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Reso Other Structures: Boat House, Shed(s)
  • Location Tax and Legal Parcel Number2: 24-36-23-77-0000l.0-0065.00
  • Location Tax and Legal Elementary School: Mila
  • Location Tax and Legal Middle School2: Jefferson
  • Location Tax and Legal High School: Merritt Island
  • Location Tax and Legal Tax Annual Amount: 2552.66
  • Location Tax and Legal Tax Year2: 2022
  • General Property Information Living Area2: 2233.0
  • General Property Information Building Area Total3: 2784.0
  • General Property Information Lot Size Acres: 0.2
  • General Property Information Lot Size Square Feet2: 8712.0
  • General Property Information New Construction YN: No
  • General Property Information Waterfront YN: Yes
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: East
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Fencing Fenced2: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Flooring Wood: Yes
  • Levels One: Yes
  • Pets Allowed Yes: Yes
  • Pool Features In Ground: Yes
  • Road Surface Type Asphalt: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Electricity Connected: Yes
  • View Pool: Yes
  • Flooring Carpet: Yes
  • Water Source Public: Yes
  • Roof:Tile2: Yes
  • General Property Information Carport YN2: No
  • Other Structures Shed(s): Yes
  • View Water3: Yes
  • Room Types Great Room: Yes
  • Pool Features Screen Enclosure: Yes
  • Pool Features Solar Heat: Yes
  • Room Types Family Room: Yes
  • General Property Information Lot Size Dimensions: 80 x 110
  • Flooring Concrete: Yes
  • Exterior Features Boat Lift: Yes
  • Other Structures Boat House: Yes
  • Room Types Bonus Room: Yes
  • ViewCanal: Yes
  • Fencing Vinyl2: Yes
  • Cooling Attic Fan: Yes
  • General Property Information:Pool Private YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Ceiling Fan(s), Primary Bathroom - Tub with Shower, Primary Downstairs, Solar Tube(s), Split Bedrooms, Walk-In Closet(s)
  • Flooring: Carpet, Concrete, Tile, Wood
  • Appliances: Dishwasher, Disposal, Double Oven, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Double Oven: Yes
  • Interior Features:Solar Tube(s): Yes

Exterior Features

  • Exterior Features: Boat Lift, Storm Shutters
  • Pool Features: In Ground, Screen Enclosure, Solar Heat
  • Roof: Tile
  • Fencing: Fenced, Vinyl
  • Acres: 0.2
  • Pool Private: Yes
  • Waterfront Features: Canal Front, Creek, Navigable Water
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: East
  • Patio And Porch Features: Patio, Porch, Screened
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Exterior Features:Storm Shutters: Yes
  • Waterfront Features:Canal Front: Yes
  • Waterfront Features:Creek: Yes
  • Waterfront Features:Navigable Water: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage Door Opener
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Laundry Features:In Garage: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Attic Fan, Central Air
  • Utilities: Electricity Connected
  • Heating: Central
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 20.0
  • Association Fee Frequency: Voluntary
  • Association Name: DIANA SHORES UNIT NO 5
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: DIANA SHORES UNIT NO 5
  • General Property Information:Association Fee: 20.0
  • General Property Information:Association Fee Frequency: Voluntary
  • Association Amenities:Boat Dock: Yes

Schools

  • Middle Or Junior School: Jefferson

Lot Info

  • Lot Dimensions: 80 x 110
  • Lot Size Sq Ft: 8712.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2418432
  • Parcel #: 24-36-23-77-0000l.0-0065.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2552.66

MLS Schools

  • Elementary School: Mila
  • High School: Merritt Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2023
Closed on
May 30, 2023
Sold by
Balagna Sean Joseph
Bought by
Hanley Patrick Joseph and Hanley Cathy Jean
Seller's Agent
Kaitlin Bertino
Blue Marlin Real Estate
Buyer's Agent
Geoffrey Wright
RE/MAX Aerospace Realty
List Price
$719,900
Sold Price
$705,000
Premium/Discount to List
-$14,900
-2.07%
Views
9
Current Estimated Value
$699,180

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,820
Avg. Annual Appreciation
1.58%
Original Mortgage
$300,000
Outstanding Balance
$293,552
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$436,104

Purchase Details

Closed on
Aug 4, 2022
Sold by
Balagna Fred D
Bought by
Fred D Balagna Trust

Purchase Details

Closed on
Aug 13, 1996
Sold by
Brown John David
Bought by
Balagna Fred D and Brownbalagna Sylvie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,000
Interest Rate
7.83%
Source: Public Records

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
Hanley Patrick Joseph $705,000 Prestige Title Of Brevard
Fred D Balagna Trust $100 None Listed On Document
Balagna Fred D $152,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hanley Patrick Joseph $300,000
Previous Owner Balagna Fred D $750,000
Previous Owner Balagna Fred D $267,000
Previous Owner Brown Sylvie M $125,000
Previous Owner Balagna Fred D $137,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2023 05/30/23 Sold $705,000 -2.1% $316 / Sq Ft
03/29/2023 03/29/23 Pending -- -- --
03/21/2023 03/21/23 For Sale $719,900 0.0% $322 / Sq Ft
03/08/2023 03/08/23 Pending -- -- --
03/02/2023 03/02/23 For Sale $719,900 -- $322 / 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 $6,720 $499,770 $300,000 $199,770
2022 $2,553 $204,470 $0 $0
2021 $2,653 $198,520 $0 $0
2020 $2,609 $195,780 $0 $0
2019 $2,558 $191,380 $0 $0
2018 $2,563 $187,820 $0 $0
2017 $2,586 $183,960 $0 $0
2016 $2,626 $180,180 $150,000 $30,180
2015 $2,697 $178,930 $135,000 $43,930
2014 $2,714 $177,510 $125,000 $52,510
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 958038

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 24-36-23-77-0000L.0-0065.00