NOT LISTED FOR SALE

231 Sykes Point Ln Merritt Island, FL 32953

Estimated Value: $1,216,000 - $1,256,908

4 Beds
4 Baths
3,765 Sq Ft
$329/Sq Ft Est. Value

Last Sold May 01, 2018

Last sale price $730,000 $194 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $8,235/month

166 Days on Market

Highlights

  • Boat Dock
  • Home fronts navigable water
  • Heated In Ground Pool
  • Lewis Carroll Elementary School Rated A-
  • Boat Lift
  • Home fronts a creek

About This Home

As of May 2018

Huge price reduction, fresh paint and new screens! This well-appointed waterfront residence is true Florida living at its best!
Located in Sykes Cove, one of the most desirable neighborhoods on Merritt Island, this beautifully appointed custom built home has a boat dock with direct access to Sykes Creek and the Banana River. The aesthetically rich details of this luxurious residence include 4 custom built-in bookshelves, generous crown molding, deep baseboards and solid hardwood flooring. The closets showcase their custom organizing systems. The custom ladder gives access to the shelving to your own personal library. A chef’s dream kitchen awaits. Entire outside of home has been recently painted. Showcase your culinary skills with a 6-burner 5 Star gas range complete with flat top grill surface and double oven, sub-zero refrigerator, custom wood cabinetry with pull-out shelving large island, motion activated lighting, and a spacious walk-in pantry featuring felt lined drawers for your silver flatware!'||chr(10)||'This home features two dining areas, both formal and informal. The double-sided fireplace creates the perfect cozy room ambiance. Natural lighting from the covered lanai floods the open airy living area. The custom-designed outdoor area features a spacious spa-like setting complete with custom pavers, crystal clear salt water pool/jacuzzi and screened in outdoor shower - All ready for your weekend entertainment! '||chr(10)||'Retreat for the evening into your private master suite featuring lofty 10-foot ceilings accented by exquisite custom crown molding. French doors lead outside to the deck, and an additional door leads outside to a screened-in deck. The downstairs guest room at the front of the home leads onto a screened-in area as well. Relax in the master bath while enjoying jacuzzi tub, huge custom his and hers closets, separate shower and double vanity. This beautiful home also has two second story screened-in balconies on the front and back of the home. Upstairs you will find two additional full baths. The ensuite bath is complete with a laundry chute! '||chr(10)||'Energy efficiency is a key aspect of this designer home fully equipped with tankless water heater (2014), (2) 16 seer A/C units, updated windows (2012), Raypak spa heater and central vacuum system. The oversized garage is well equipped with custom storage cabinets (2012), automatic opener and sealed concrete flooring. '||chr(10)||'Enjoy the boating lifestyle with your own private dock while living on the deep-water canal that leads to open water through beautiful Sykes Creek. '||chr(10)||'Make an appointment today to view this magnificent home! Contact Fabian Marquez @ 321-795-0059.

Last Agent to Sell the Property

Fabian Marquez

Assist 2 Sell Buyers & Sellers License #707913 Listed on: 10/11/2017

Last Buyer's Agent

George Stark

Flag Agency Inc. License #3388133

Flag Agency Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,320

Year Built

  • Built in 1994

Lot Details

  • 8,712 Sq Ft Lot
  • Home fronts a creek
  • Home fronts navigable water
  • Home fronts a canal
  • Street terminates at a dead end
  • North Facing Home

HOA Fees

  • $31 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Property Views

  • Canal
  • Pool

Home Design

  • Frame Construction
  • Concrete Roof
  • Wood Siding
  • Asphalt
  • Stucco

Interior Spaces

  • 3,765 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace
  • Family Room
  • Dining Room
  • Home Office
  • Library
  • Loft
  • Screened Porch

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Butlers Pantry
  • Double Oven
  • Gas Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom
  • Spa Bath

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Sink Near Laundry

Pool

  • Heated In Ground Pool
  • In Ground Spa
  • Saltwater Pool
  • Waterfall Pool Feature
  • Outdoor Shower
  • Screen Enclosure

Outdoor Features

  • Boat Lift
  • Balcony
  • Deck
  • Patio

Schools

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

Utilities

  • Central Heating and Cooling System
  • Propane
  • Tankless Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 24-36-14-Oi-00000.0-0018.00

Community Details

Recreation

  • Boat Dock
  • Tennis Courts
  • Community Playground
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,320

Year Built

Built in 1994

Lot Details

0

HOA Fees

$31 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1994
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Sink, Washer Hookup
  • ResoLotFeatures: Dead End Street
  • Road Surface Type: Asphalt
  • Reso View: Canal, Pool, Water
  • Water Body Name: Sykes Creek
  • Reso Association Amenities: Boat Dock, Management - Full Time, Park, Playground, Tennis Court(s)
  • ResoSpecialListingConditions: Standard
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 24-36-14-Oi-00000.0-0018.00
  • 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: 9320.18
  • Location Tax and Legal Tax Year2: 2016
  • General Property Information Living Area2: 3765.0
  • General Property Information Building Area Total3: 4337.0
  • 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: North
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • General Property Information Community Fee(s) YN: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Flooring Wood: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Pool Features In Ground: Yes
  • Pool Features Private: Yes
  • Lot Features Dead End Street: Yes
  • Road Surface Type Asphalt: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • View Pool: Yes
  • Laundry Features Sink: Yes
  • Levels Two: Yes
  • Spa Features In Ground2: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • View Water3: Yes
  • Room Types Dining Room: Yes
  • Interior Features Breakfast Nook: Yes
  • Pool Features Screen Enclosure: Yes
  • Waterfront Features Waterfront Community: Yes
  • Room Types Family Room: Yes
  • Room Types Laundry: Yes
  • Room Types Library: Yes
  • Room Types Office: Yes
  • Roof Concrete2: Yes
  • Interior Features Butler Pantry: Yes
  • Pool Features Electric Heat: Yes
  • Pool Features Waterfall: Yes
  • Utilities Sewer Available: Yes
  • Pool Features Salt Water: Yes
  • Utilities Propane3: Yes
  • Pool Features Gas Heat: Yes
  • Exterior Features Boat Lift: Yes
  • Room Types Loft: Yes
  • ViewCanal: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Bar, Breakfast Nook, Built-in Features, Butler Pantry, Ceiling Fan(s), Central Vacuum, Kitchen Island, Pantry, Primary Bathroom - Tub with Shower, Vaulted Ceiling(s), Walk-In Closet(s)
  • Flooring: Tile, Wood
  • Spa Features: Bath, In Ground
  • Appliances: Dishwasher, Disposal, Double Oven, Dryer, Electric Water Heater, Freezer, Gas Range, Ice Maker, Microwave, Refrigerator, Tankless Water Heater, Washer
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Other
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Gas Range: Yes
  • Appliances:Tankless Water Heater: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Built-in Features: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Double Oven: Yes
  • Spa Features:Bath: Yes
  • Appliances:Freezer: Yes
  • Interior Features:Central Vacuum: Yes

Exterior Features

  • Exterior Features: Balcony, Outdoor Shower, Boat Lift
  • Pool Features: Electric Heat, Gas Heat, In Ground, Private, Salt Water, Screen Enclosure, Waterfall
  • Roof: Concrete
  • Acres: 0.2
  • Waterfront Features: Canal Front, Creek, Navigable Water, Waterfront Community
  • Waterfront: Yes
  • Construction Type: Frame, Stucco, Wood Siding
  • Direction Faces: North
  • Patio And Porch Features: Deck, Patio, Porch, Screened
  • Construction Materials:Stucco: Yes
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Construction Materials:Frame: Yes
  • Construction Materials:Wood Siding: Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:Outdoor Shower: 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
  • Parking Features:Attached: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Cable Available, Electricity Connected, Sewer Available, Water Available, Propane
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 375.0
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 375.0
  • General Property Information:Association Fee Frequency: Annually
  • Association Amenities:Boat Dock: Yes
  • Association Amenities:Tennis Court(s)2: Yes
  • Association Amenities:Park: Yes
  • Association Amenities:Playground: Yes

Schools

  • Middle Or Junior School: Jefferson

Lot Info

  • Lot Size Sq Ft: 8712.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2412006
  • Parcel #: 24-36-14-Oi-00000.0-0018.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 9320.18

MLS Schools

  • Elementary School: Carroll
  • High School: Merritt Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2017
Closed on
May 1, 2018
Sold by
Bagby Herschel W and Bagby June S
Bought by
Breza Thomas S and Breza Carolyn J
Seller's Agent
Fabian Marquez
Assist 2 Sell Buyers & Sellers
Buyer's Agent
George Stark
Flag Agency Inc.
List Price
$775,000
Sold Price
$730,000
Premium/Discount to List
-$45,000
-5.81%
Current Estimated Value
$1,315,490

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$585,490
Avg. Annual Appreciation
7.79%
Original Mortgage
$584,000
Outstanding Balance
$511,369
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$750,230

Purchase Details

Listed on
May 16, 2016
Closed on
Nov 9, 2016
Sold by
Baghy Herschel W and Baghy June S
Bought by
Baghy Gregory Lynn and Baghy Michael Alan
Seller's Agent
Tom Arnold
CENTURY 21 Ocean
Buyer's Agent
Tom Arnold
CENTURY 21 Ocean
List Price
$715,000
Sold Price
$630,000
Premium/Discount to List
-$85,000
-11.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.52%
Original Mortgage
$315,000
Interest Rate
2.74%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 16, 2016
Closed on
Nov 1, 2016
Bought by
Bagby Herschel
Seller's Agent
Tom Arnold
CENTURY 21 Ocean
Buyer's Agent
Tom Arnold
CENTURY 21 Ocean
List Price
$715,000
Sold Price
$630,000
Premium/Discount to List
-$85,000
-11.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
2.74%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 16, 2016
Closed on
Sep 1, 2016
Bought by
Bagby Herschel
Seller's Agent
Tom Arnold
CENTURY 21 Ocean
Buyer's Agent
Tom Arnold
CENTURY 21 Ocean
List Price
$715,000
Sold Price
$630,000
Premium/Discount to List
-$85,000
-11.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
2.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2015
Sold by
Lee Chin Wai Joseph
Bought by
Linennen Kay

Purchase Details

Closed on
Oct 5, 2007
Sold by
Spindel Sheldon M and Spindel Rosemarie
Bought by
Lee Chin Wai Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$615,000
Interest Rate
6.75%

Purchase Details

Closed on
Jul 10, 1995
Sold by
Coker Thomson John and Coker Thomson Mary Beth
Bought by
Spindel Sheldon M and Spindel Rosemarie

Purchase Details

Closed on
Jun 7, 1993
Sold by
Filipowicz Zigrida
Bought by
Thomson John

Purchase Details

Closed on
Feb 18, 1993
Sold by
Opalais Veronica
Bought by
Filipowicz Zigrida

Purchase Details

Closed on
Feb 9, 1993
Sold by
Dzidrums Martins
Bought by
Filipowicz Zigrida
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
Breza Thomas S $730,000 Attorney
Breza Thomas S -- Attorney
Baghy Gregory Lynn -- None Available
Bagby Herschel $100 --
Bagby Herschel $630,000 --
Linennen Kay -- None Available
Lee Chin Wai Joseph $860,000 Security First Title Partner
Spindel Sheldon M $350,000 --
Thomson John $105,000 --
Filipowicz Zigrida $30,000 --
Filipowicz Zigrida $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Breza Thomas S $584,000
Previous Owner Bagby Herschel W $315,000
Previous Owner Lee Chin Wai Joseph $615,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2018 05/01/18 Sold $730,000 -3.9% $194 / Sq Ft
03/26/2018 03/26/18 Pending -- -- --
02/02/2018 02/02/18 Price Changed $760,000 -1.9% $202 / Sq Ft
10/10/2017 10/10/17 For Sale $775,000 +23.0% $206 / Sq Ft
09/15/2016 09/15/16 Sold $630,000 -3.8% $167 / Sq Ft
07/22/2016 07/22/16 Pending -- -- --
07/14/2016 07/14/16 Price Changed $655,000 -6.3% $174 / Sq Ft
06/02/2016 06/02/16 Price Changed $699,000 -2.2% $186 / Sq Ft
05/16/2016 05/16/16 For Sale $715,000 -- $190 / 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 $12,018 $1,030,840 $0 $0
2022 $10,513 $944,270 $0 $0
2021 $9,291 $656,370 $235,000 $421,370
2020 $8,888 $616,620 $200,000 $416,620
2019 $9,256 $628,110 $200,000 $428,110
2018 $576 $593,210 $0 $0
2017 $554 $581,010 $0 $0
2016 $9,320 $563,760 $205,000 $358,760
2015 $8,687 $497,530 $180,000 $317,530
2014 $8,132 $452,300 $180,000 $272,300
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 795499

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 24-36-14-OI-00000.0-0018.00