NOT LISTED FOR SALE

225 Madrid Ct Satellite Beach, FL 32937

Satellite Beach Area

Estimated Value: $842,000 - $1,165,000

4 Beds
2 Baths
2,215 Sq Ft
$466/Sq Ft Est. Value

Sale Details

Date Sold: January 15, 2021

Last sale price $800,000 $361 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $6,876 / mo

Highlights

  • Community Boat Dock
  • Home fronts navigable water
  • Screened Pool
  • Surfside Elementary School Rated 9+
  • Boat Lift
  • Canal View

About This Home

As of January 2021

Attention Boaters & Fisherman! Phenomenal DEEP water canal front home located on a cul-de-sac lot in the Satellite Beach. Just off the Grand Canal, the home offers 130 feet of waterfront that includes a covered boat dock and lift. The residence has been tastefully updated including premium tile flooring, custom cabinetry, granite countertops, recessed lighting and more. The foyer opens to a large living space or great room featuring canal and pool views. A counter height breakfast bar delineates the kitchen and great room. The kitchen's distinctive design and finishes reflect a clean, minimalist aesthetic that is echoed throughout the home. Wall cabinets were minimized to open the kitchen space and allow unobstructed views of the canal. A custom pantry was added to meet all storage needs. needs.

Last Agent to Sell the Property

Greg Ellingson

Ellingson Properties License #3066292 Listed on: 11/24/2020

Co-Listed By

Richard Melo

Ellingson Properties License #3148584

Last Buyer's Agent

Scott Bouchard

Dale Sorensen Real Estate Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,173

Year Built

  • Built in 1976

Lot Details

  • 10,890 Sq Ft Lot
  • Home fronts navigable water
  • Home fronts a canal
  • South Facing Home

HOA Fees

  • $39 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Tile Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,215 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Screened Porch
  • Tile Flooring
  • Canal Views
  • Sink Near Laundry

Kitchen

  • Breakfast Bar
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Pool

  • Screened Pool
  • In Ground Pool

Outdoor Features

  • Boat Lift
  • Deck
  • Patio
  • Outdoor Kitchen

Schools

  • Surfside Elementary School
  • Delaura Middle School
  • Satellite High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 26-37-34-78-00000.0-0025.00

Community Details

Overview

  • Fountains Unit 2, The Association
  • Fountains Unit 2 The Subdivision
  • Maintained Community

Recreation

  • Community Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,173

Year Built

Built in 1976

Lot Details

0.25 Acres

HOA Fees

$39 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1976
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Sink
  • Reso View: Canal, Water
  • Reso Association Amenities: Boat Dock, Maintenance Grounds, Management - Full Time
  • Co List Office Mls Id: elpr0
  • Co List Office Phone: 321-750-7050
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Fountains Unit 2 The
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Primary Downstairs, Walk-In Closet(s), Primary Bathroom - Tub with Shower, Primary Bathroom -Tub with Separate Shower, Split Bedrooms
  • Flooring: Tile
  • Appliances: Dishwasher, Electric Water Heater, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Exterior Features: Outdoor Kitchen, Boat Lift
  • Pool Features: In Ground, Screen Enclosure
  • Roof: Tile
  • Acres: 0.25
  • Pool Private: Yes
  • Waterfront Features: Canal Front, Navigable Water
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: South
  • Patio And Porch Features: Deck, Patio, Porch, Screened

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached

Utilities

  • Cooling: Central Air, Electric
  • Heating: Central
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 465.0
  • Association Fee Frequency: Annually
  • Association Name: FOUNTAINS UNIT 2, THE
  • Association: Yes

Schools

  • Middle Or Junior School: DeLaura

Lot Info

  • Lot Size Sq Ft: 10890.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 26-37-34-78-00000.0-0025.00

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 11173.49

MLS Schools

  • Elementary School: Surfside
  • High School: Satellite

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 24, 2020
Closed on
Jan 13, 2021
Sold by
Bought by
Seller's Agent
Greg Ellingson
Ellingson Properties
Buyer's Agent
Scott Bouchard
Dale Sorensen Real Estate Inc.
List Price
$800,000
Sold Price
$800,000
Current Estimated Value
$1,032,410

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$232,410
Avg. Annual Appreciation
4.71%
Original Mortgage
$548,250
Interest Rate
0.0271%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 12, 2018
Closed on
Jul 12, 2018
Sold by
Bought by
Seller's Agent
Robert Norton
RE/MAX Solutions
Buyer's Agent
Heather Guandolo
Dreyer & Associates R.E. Grp.
List Price
$789,000
Sold Price
$705,000
Premium/Discount to List
-$84,000
-10.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.14%
Original Mortgage
$564,000
Interest Rate
0.045%

Purchase Details

Listed on
Apr 29, 2016
Closed on
Jun 15, 2016
Sold by
Bought by
Seller's Agent
Kalli Kamholz
Hart To Hart Real Estate, Inc.
Buyer's Agent
Toni Pastermack
Pastermack Real Estate
List Price
$694,000
Sold Price
$711,000
Premium/Discount to List
$17,000
2.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.41%
Original Mortgage
$660,000
Interest Rate
0.0361%

Purchase Details

Listed on
Feb 18, 2014
Closed on
Jun 10, 2014
Sold by
Bought by
Seller's Agent
Karen Osiniak
RE/MAX Elite
Buyer's Agent
Kalli Kamholz
Hart To Hart Real Estate, Inc.
List Price
$599,900
Sold Price
$560,000
Premium/Discount to List
-$39,900
-6.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.61%
Original Mortgage
$448,000
Interest Rate
0.0436%

Purchase Details

Closed on
May 11, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
0.0479%

Purchase Details

Closed on
Oct 1, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
0.0575%

Purchase Details

Closed on
Feb 16, 1996
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$800,000 E Title Services Llc
$705,000 Title Solutions Of Florida
$711,000 North American Title Company
$560,000 State Title Partners Llp
$532,000 None Available
$450,000 State Title Partners Llp
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $548,250
Previous Owner $564,000
Previous Owner $660,000
Previous Owner $448,000
Previous Owner $417,000
Previous Owner $296,847
Previous Owner $260,000
Previous Owner $100,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/15/2021 01/15/21 Sold $800,000 0.0% $361 / Sq Ft
11/24/2020 11/24/20 Pending -- -- --
11/24/2020 11/24/20 For Sale $800,000 +13.5% $361 / Sq Ft
07/12/2018 07/12/18 Sold $705,000 -3.3% $318 / Sq Ft View Prior Sale
05/28/2018 05/28/18 Pending -- -- --
05/27/2018 05/27/18 Price Changed $729,000 -2.7% $329 / Sq Ft
05/05/2018 05/05/18 Price Changed $749,000 -2.6% $338 / Sq Ft
03/23/2018 03/23/18 Price Changed $769,000 -2.5% $347 / Sq Ft
01/12/2018 01/12/18 For Sale $789,000 +11.0% $356 / Sq Ft
06/15/2016 06/15/16 Sold $711,000 +2.4% $310 / Sq Ft View Prior Sale
04/30/2016 04/30/16 Pending -- -- --
04/29/2016 04/29/16 For Sale $694,000 +23.9% $303 / Sq Ft
06/13/2014 06/13/14 Sold $560,000 -6.7% $253 / Sq Ft View Prior Sale
04/21/2014 04/21/14 Pending -- -- --
02/18/2014 02/18/14 For Sale $599,900 -- $271 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $14,547 $850,030
2024 $14,405 $826,080
2023 $14,405 $802,020 $0 $0
2022 $13,097 $750,460 $0 $0
2021 $12,070 $605,200 $275,000 $330,200
2020 $11,173 $598,780 $0 $0
2019 $11,147 $585,320 $260,000 $325,320
2018 $12,325 $581,240 $260,000 $321,240
2017 $10,901 $562,700 $260,000 $302,700
2016 $8,940 $455,140 $220,000 $235,140
2015 $9,174 $451,980 $200,000 $251,980
2014 $6,276 $316,700 $175,000 $141,700
Source: Public Records

Agents Affiliated with this Home

  • Greg Ellingson

    Seller's Agent in 2021

    Greg Ellingson

    Ellingson Properties

    (321) 795-0021

    538 Total Sales

    Greg Ellingson
    Section Image
  • Richard Melo

    Seller Co-Listing Agent in 2021

    Richard Melo

    Ellingson Properties

    (321) 750-7050

    66 Total Sales

    Richard Melo
    Section Image

  • S

    Buyer's Agent in 2021

    Scott Bouchard

    Dale Sorensen Real Estate Inc.

  • R

    Seller's Agent in 2018

    Robert Norton

    RE/MAX Solutions

  • Jantina Getz

    Seller Co-Listing Agent in 2018

    Jantina Getz

    RE/MAX

    (321) 543-7310

    46 Total Sales

    Jantina Getz
    Section Image

  • H

    Buyer's Agent in 2018

    Heather Guandolo

    Dreyer & Associates R.E. Grp.

    (321) 750-4346

    10 Total Sales

    Heather Guandolo
    Section Image
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Map

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

MLS Number: 891008

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 26-37-34-78-00000.0-0025.00

Florida Brevard County Satellite Beach 32937

225 Madrid Ct, Satellite Beach, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Space Coast MLS (Space Coast Association of REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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