NOT LISTED FOR SALE

2365 Palm Lake Dr Merritt Island, FL 32952

Estimated Value: $413,000 - $468,000

3 Beds
2 Baths
1,523 Sq Ft
$294/Sq Ft Est. Value

Last Sold September 06, 2019

Last sale price $287,500 $189 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $2,710/month

1 Day on Market

Highlights

  • Lake Front
  • RV Access or Parking
  • Vaulted Ceiling
  • Home fronts a pond
  • Open Floorplan
  • No HOA

About This Home

As of September 2019

Location, Location, Location. Just minutes from Kelly Park. Updated 3 bedroom 2 bathroom home. Custom designed landscaping surrounds this well maintained property. Open floor plan with high vaulted ceilings and skylights brings the brightness and spaciousness you are looking for. Sip your morning coffee as you gaze across the newely screened patio onto the breathtaking water views. No HOA so bring all your toys! Extra wide two car garage plus a recently widened driveway giving you the space you need.

Last Agent to Sell the Property

Maria Artidiello

RE/MAX Solutions License #3377460 Listed on: 08/07/2019

RE/MAX Solutions

Last Buyer's Agent

Maria Artidiello

RE/MAX Solutions License #3377460 Listed on: 08/07/2019

RE/MAX Solutions

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,604

Year Built

  • Built in 1989

Lot Details

  • 0.35 Acre Lot
  • Home fronts a pond
  • Lake Front
  • West Facing Home
  • Front and Back Yard Sprinklers

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • RV Access or Parking

Property Views

  • Lake
  • Pond

Home Design

  • Frame Construction
  • Shingle Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,523 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Screened Porch

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Spa Bath

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Patio

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Lakes Of Ridge Manor The Phase 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 24-37-18-28-00000.0-0035.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,604

Year Built

Built in 1989

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1989
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Sprinklers In Front, Sprinklers In Rear
  • Reso View: Lake, Pond, Water
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Lakes of Ridge Manor The Phase 2
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 24-37-18-28-00000.0-0035.00
  • Location Tax and Legal Elementary School: Audubon
  • Location Tax and Legal Middle School2: Jefferson
  • Location Tax and Legal High School: Merritt Island
  • Location Tax and Legal Tax Annual Amount: 3603.54
  • Location Tax and Legal Tax Year2: 2018
  • General Property Information Living Area2: 1523.0
  • General Property Information Building Area Total3: 2121.0
  • General Property Information Lot Size Acres: 0.35
  • General Property Information Lot Size Square Feet2: 15246.0
  • 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: West
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Flooring Laminate: Yes
  • Flooring Tile: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Levels One: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • ViewPond: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • View Water3: Yes
  • Room Types Laundry: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-in Features, Ceiling Fan(s), Eat-in Kitchen, Open Floorplan, Pantry, Skylight(s), Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
  • Flooring: Laminate, Tile
  • Spa Features: Bath
  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Built-in Features: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Spa Features:Bath: Yes
  • Interior Features:Skylight(s): Yes

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Acres: 0.35
  • Waterfront Features: Lake Front, Pond
  • Waterfront: Yes
  • Construction Type: Frame, Stucco, Wood Siding
  • Direction Faces: West
  • Patio And Porch Features: Patio, Porch, Screened
  • Construction Materials:Stucco: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • View:Lake: Yes
  • Construction Materials:Frame: Yes
  • Construction Materials:Wood Siding: Yes
  • Waterfront Features:Lake Front: Yes
  • Waterfront Features:Pond2: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Lot Features:Sprinklers In Rear: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage Door Opener, RV Access/Parking
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:RV AccessParking: Yes

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: Jefferson

Lot Info

  • Lot Size Sq Ft: 15246.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2431410
  • Parcel #: 24-37-18-28-00000.0-0035.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 3603.54

MLS Schools

  • Elementary School: Audubon
  • High School: Merritt Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 25, 2024
Sold by
Johnson Peggy L
Bought by
Johnson Peggy L and Wilson Christine L
Current Estimated Value
$447,245

Purchase Details

Listed on
Aug 7, 2019
Closed on
Sep 6, 2019
Sold by
Jones Kim M and Jones Gerald A
Bought by
Johnson Peggy L and Johnson Robert C
Seller's Agent
Maria Artidiello
RE/MAX Solutions
Buyer's Agent
Maria Artidiello
RE/MAX Solutions
List Price
$300,000
Sold Price
$287,500
Premium/Discount to List
-$12,500
-4.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.94%

Purchase Details

Listed on
May 31, 2015
Closed on
Aug 4, 2015
Sold by
Burton James R and Burton Brent
Bought by
Jones Gerald A and Jones Kim M
Seller's Agent
Ronald Wallen
RE/MAX Elite
Buyer's Agent
Lisa Moore
Better Homes & Gardens RE Star
List Price
$249,000
Sold Price
$227,000
Premium/Discount to List
-$22,000
-8.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.93%
Original Mortgage
$199,800
Interest Rate
4.11%

Purchase Details

Closed on
Sep 29, 2008
Sold by
Wells Fargo Bank Na
Bought by
Burton James R and Burton Brent

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,500
Interest Rate
5.43%

Purchase Details

Closed on
Jun 18, 2008
Sold by
Edward Priest Robert E and Edward Prilst Robert
Bought by
Wells Fargo Bank Na and Structured Asset Securities Corp Mortgag

Purchase Details

Closed on
Dec 22, 2006
Sold by
Walker Corey Michael and Walker Shoshanna
Bought by
Priest Robert E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
9.25%

Purchase Details

Closed on
Apr 4, 2005
Sold by
Sadlo Gerald S and Sadlo Myriam A
Bought by
Sadlo Gerald S and Sadlo Myriam A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
7%

Purchase Details

Closed on
Mar 30, 2005
Sold by
Sadlo Gerald S and Sadlo Myriam A
Bought by
Walker Michael and Walker Shoshanna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
7%

Purchase Details

Closed on
Jun 5, 2002
Sold by
Sadlo Gerald Stanley and Sadlo Gerald S
Bought by
Sadlo Gerald S and Sadlo Myriam A
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Johnson Peggy L $100 None Listed On Document
Johnson Peggy L $100 None Listed On Document
Johnson Peggy L $287,500 Title Solutions Of Fl Llc
Jones Gerald A $227,000 Fidelity Natl Title Fl Inc
Burton James R $162,600 Attorney
Wells Fargo Bank Na -- Attorney
Priest Robert E -- Statewide Title & Escrow Llc
Priest Robert E $320,000 Statewide Title & Escrow Llc
Sadlo Gerald S -- --
Walker Michael $260,000 --
Sadlo Gerald S $47,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jones Gerald A $199,800
Previous Owner Burton James R $115,500
Previous Owner Priest Robert E $320,000
Previous Owner Walker Michael $208,000
Previous Owner Sadlo Gerald S $133,000
Previous Owner Sadlo Gerald S $30,100
Closed Walker Michael $52,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2019 09/06/19 Sold $287,500 -4.2% $189 / Sq Ft
08/07/2019 08/07/19 Pending -- -- --
08/06/2019 08/06/19 For Sale $300,000 +32.2% $197 / Sq Ft
08/03/2015 08/03/15 Sold $227,000 -8.8% $149 / Sq Ft
06/17/2015 06/17/15 Pending -- -- --
05/31/2015 05/31/15 For Sale $249,000 -- $163 / 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 $3,136 $249,480 $0 $0
2022 $2,979 $242,220 $0 $0
2021 $3,110 $235,170 $0 $0
2020 $3,072 $231,930 $75,000 $156,930
2019 $3,615 $229,910 $75,000 $154,910
2018 $3,604 $226,340 $75,000 $151,340
2017 $3,405 $201,970 $65,000 $136,970
2016 $3,250 $182,220 $55,000 $127,220
2015 $2,975 $140,410 $55,000 $85,410
2014 $2,612 $127,650 $40,000 $87,650
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 852624

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 24-37-18-28-00000.0-0035.00