NOT LISTED FOR SALE

227 Cove Loop Dr Merritt Island, FL 32953

Estimated Value: $453,000 - $540,000

4 Beds
2 Baths
1,809 Sq Ft
$269/Sq Ft Est. Value

Last Sold November 05, 2021

Last sale price $405,000 $224 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $3,054/month

11 Days on Market

Highlights

  • Boat Dock
  • Open Floorplan
  • Tennis Courts
  • Lewis Carroll Elementary School Rated A-
  • Screened Porch
  • 2 Car Attached Garage

About This Home

As of November 2021

JUST WOW! Come view this amazing completely remodeled 4bed, 2 bath home in desirable Villa De Palmas Sykes Cove. Not many houses go for sale in this community as once you move there, you will never want to leave. With the low HOA, community tennis courts, playground and cabanas overlooking the water, why would you! Not to mention, it is only 15 min away from Cocoa Beach and Port Canaveral.
As you walk into the home, you will be greeted with an open split floor plan with large slider doors leading to the outside covered patio area (new screen enclosure), which is great for entertaining. To the left is the formal living area, to the right is the formal dining room, which leads to the upgraded kitchen. The kitchen has ample storage, along with brand new stainless steel appliances includes a washer and dryer, and then there's the garage with the freshly painted floor, ready for those toys! '||chr(10)||'This is a 4 bed, 2 full bath home. The large master bedroom boasts an open en-suite with a huge walk in closet, dual sinks, jetted garden tub, walk in shower and a separate toilet stall. You do not need to worry about the roof as it is only 3 years old. And no cast iron or copper plumbing!'||chr(10)||'This home will not disappoint! Why pay for a new construction when you can have a completely remodeled property, which is ready for you to call home! '||chr(10)||'SELLER MOTIVATED! BRING ALL OFFERS

Last Agent to Sell the Property

Gemma Peterson

Florida Homes & Loans Inc. License #3522887 Listed on: 10/01/2021

Last Buyer's Agent

karen Nierenberg

Mercedes Premier Realty LLC

Mercedes Premier Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,147

Year Built

  • Built in 1997

Lot Details

  • 9,583 Sq Ft Lot
  • East Facing Home

HOA Fees

  • $31 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

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

Interior Spaces

  • 1,809 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Family Room
  • Living Room
  • Dining Room
  • Screened Porch
  • Vinyl Flooring

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Patio

Schools

  • Carroll 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 24-36-14-Oi-00000.0-0091.00

Community Details

Overview

  • Tcb Property Management, , Association, Phone Number (888) 542-1555
  • Villa De Palmas Sykes Cove Sec 02 Subdivision
  • Maintained Community

Recreation

  • Boat Dock
  • Tennis Courts
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,147

Year Built

Built in 1997

Lot Details

0

HOA Fees

$31 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1997
  • Reso Property Sub Type: Single Family Residence
  • Road Surface Type: Asphalt
  • Reso Association Amenities: Boat Dock, Maintenance Grounds, Management - Off Site, Playground, Tennis Court(s)
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Villa De Palmas Sykes Cove Sec 02
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 24-36-14-Oi-00000.0-0091.00
  • Location Tax and Legal Elementary School: Carroll
  • Location Tax and Legal Middle School2: Jefferson
  • Location Tax and Legal High School: Merritt Island
  • Location Tax and Legal Tax Annual Amount: 2146.66
  • Location Tax and Legal Tax Year2: 2020
  • General Property Information Living Area2: 1809.0
  • General Property Information Building Area Total3: 2241.0
  • General Property Information Lot Size Acres: 0.22
  • General Property Information Lot Size Square Feet2: 9583.0
  • General Property Information New Construction YN: No
  • General Property Information Waterfront YN: No
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: East
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Levels One: Yes
  • Pets Allowed Yes: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Road Surface Type Asphalt: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • General Property Information Carport YN2: No
  • Room Types Dining Room: Yes
  • Room Types Family Room: Yes
  • Room Types Laundry: Yes
  • Room Types Living Room: Yes
  • General Property Information Association Phone: 1-888-542-1555
  • Flooring Vinyl: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Ceiling Fan(s), Open Floorplan, Pantry, Primary Bathroom - Tub with Shower, Primary Bathroom -Tub with Separate Shower, Primary Downstairs, Split Bedrooms, Walk-In Closet(s)
  • Flooring: Vinyl
  • Spa Features: Bath
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Spa Features:Bath: Yes

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Acres: 0.22
  • Waterfront: No
  • 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

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Attached: Yes

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 372.0
  • Association Fee Frequency: Annually
  • Association Name: TCB Property Management, ,
  • Phone: +1 888-542-1555
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: TCB Property Management, ,
  • General Property Information:Association Fee: 372.0
  • General Property Information:Association Fee Frequency: Annually
  • Association Amenities:Boat Dock: Yes
  • Association Amenities:Tennis Court(s)2: Yes
  • Association Amenities:Playground: Yes

Schools

  • Middle Or Junior School: Jefferson

Lot Info

  • Lot Size Sq Ft: 9583.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 24-36-14-Oi-00000.0-0091.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 2146.66

MLS Schools

  • Elementary School: Carroll
  • High School: Merritt Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2021
Closed on
Nov 5, 2021
Sold by
Fachner Isaac William
Bought by
Andrus Anthony and Andrus Aisa Marie
Seller's Agent
Gemma Peterson
Florida Homes & Loans Inc.
Buyer's Agent
karen Nierenberg
Mercedes Premier Realty LLC
List Price
$449,900
Sold Price
$405,000
Premium/Discount to List
-$44,900
-9.98%
Current Estimated Value
$486,880

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,880
Avg. Annual Appreciation
4.74%
Original Mortgage
$377,150
Outstanding Balance
$345,689
Interest Rate
3.01%
Mortgage Type
New Conventional
Estimated Equity
$141,191

Purchase Details

Listed on
Jul 14, 2021
Closed on
Aug 12, 2021
Sold by
Nevergold Gaynor W
Bought by
Fachner Isaac William
Seller's Agent
Gemma Peterson
Florida Homes & Loans Inc.
Buyer's Agent
Gemma Peterson
Florida Homes & Loans Inc.
List Price
$275,000
Sold Price
$290,000
Premium/Discount to List
$15,000
5.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
327.25%
Original Mortgage
$232,000
Interest Rate
2.9%
Mortgage Type
Balloon

Purchase Details

Closed on
Nov 6, 1997
Sold by
Trade Wind Bldr Inc
Bought by
Nevergold Gaynor W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,900
Interest Rate
7.31%

Purchase Details

Closed on
Apr 15, 1997
Sold by
Towne Dev Merritt Island Inc
Bought by
Trade Wind Bldr Inc

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
7.86%
Source: Public Records

Range of Values:

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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
Andrus Anthony $405,000 The Closing Agent Llc
Fachner Isaac William $290,000 Knight Barry Title
Nevergold Gaynor W $129,900 --
Trade Wind Bldr Inc $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Andrus Anthony $377,150
Previous Owner Fachner Isaac William $232,000
Previous Owner Nevergold Gaynor W $129,900
Previous Owner Trade Wind Bldr Inc $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/05/2021 11/05/21 Sold $405,000 -4.7% $224 / Sq Ft
10/11/2021 10/11/21 Pending -- -- --
10/06/2021 10/06/21 Price Changed $424,900 -5.6% $235 / Sq Ft
09/30/2021 09/30/21 For Sale $449,900 +55.1% $249 / Sq Ft
08/12/2021 08/12/21 Sold $290,000 0.0% $160 / Sq Ft View Prior Sale
07/19/2021 07/19/21 Pending -- -- --
07/18/2021 07/18/21 Off Market $290,000 -- --
07/14/2021 07/14/21 For Sale $275,000 -- $152 / 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
2025 $5,645 $444,830 -- --
2024 $5,509 $417,870 -- --
2023 $5,509 $402,770 $0 $0
2022 $4,818 $353,740 $0 $0
2021 $2,212 $161,200 $0 $0
2020 $2,147 $158,980 $0 $0
2019 $2,090 $155,410 $0 $0
2018 $2,088 $152,520 $0 $0
2017 $2,097 $149,390 $0 $0
2016 $2,123 $146,320 $46,000 $100,320
2015 $2,183 $145,310 $46,000 $99,310
2014 $2,195 $144,160 $46,000 $98,160
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 917297

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 24-36-14-OI-00000.0-0091.00