$975,000
SOLD OCT 6, 2014

240 Utopia Cir Merritt Island, FL 32952

6 Beds
5.5 Baths
6,871 Sq Ft
2 Acres

Recently Sold

$142 Per Sq Ft

31% Below List Price

284 Days on Market

Highlights

  • Boat Dock
  • Boat Lift
  • RV Access or Parking
  • Boat Ramp
  • In Ground Spa
  • River View

About This Home

As of October 2014

SELLING over $210K less than APPRAISED VALUE of $1,410,000.00 in November 2013. Grand Indian Riverfront Estate on 2 lush acres! New 50 year roof drive up to Portico & Enter through double doors to foyer w/double stairway & marble floors. 2 floors, full wet bar & double sided fireplace. & 5 sets of French doors overlooking pool and the Indian River w/docks, lift & ramp. Gourmet island kitchen w/cherry cabinets, granite counter tops & subzero refrig, & separate Sub-Zero freezer. Full size wine cooler!

Last Agent to Sell the Property

David Dahne

The Keyes Company Listed on: 11/25/2013

Last Buyer's Agent

David Dahne

The Keyes Company Listed on: 11/25/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,064

Year Built

  • Built in 1987

Lot Details

  • 2 Acre Lot
  • River Front
  • East Facing Home
  • Wooded Lot

HOA Fees

  • $48 Monthly HOA Fees

Property Views

  • River
  • Pool

Home Design

  • Brick Exterior Construction
  • Tile Roof

Interior Spaces

  • 6,871 Sq Ft Home
  • 3-Story Property
  • Furniture Can Be Negotiated
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Family Room
  • Dining Room
  • Loft
  • Bonus Room
  • Screened Porch
  • Security System Owned

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Butlers Pantry
  • Double Oven
  • Gas Range
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • Bathtub and Shower Combination in Primary Bathroom
  • Spa Bath

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

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

Pool

  • In Ground Spa
  • Private Pool
  • Screen Enclosure

Outdoor Features

  • Boat Lift
  • Boat Ramp
  • Patio
  • Outdoor Kitchen

Schools

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

Utilities

  • Central Heating and Cooling System
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 26-37-06-04-0000a.0-0006.00

Community Details

Overview

  • Egrets Cove Subdivision

Recreation

  • Boat Dock

Security

  • Phone Entry

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,064

Year Built

Built in 1987

Lot Details

0

HOA Fees

$48 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1987
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • ResoLotFeatures: Wooded
  • Reso View: Pool, River
  • Water Body Name: Indian River
  • ResoSecurityFeatures: Security System Owned, Entry Phone/Intercom
  • Reso Association Amenities: Boat Dock, Management - Full Time
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Egrets Cove
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Three Or More
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 26-37-06-04-0000a.0-0006.00
  • Location Tax and Legal Elementary School: Tropical
  • Location Tax and Legal Middle School2: Jefferson
  • Location Tax and Legal High School: Merritt Island
  • Location Tax and Legal Tax Annual Amount: 15064.2
  • Location Tax and Legal Tax Year2: 2012
  • General Property Information Living Area2: 6871.0
  • General Property Information Building Area Total3: 9119.0
  • General Property Information Lot Size Acres: 2.0
  • General Property Information Lot Size Square Feet2: 87120.0
  • 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
  • Interior Features Primary Bathroom - Tub with Shower: 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 Private: Yes
  • Utilities Electricity Connected: Yes
  • View Pool: Yes
  • Flooring Carpet: Yes
  • Roof:Tile2: Yes
  • Spa Features In Ground2: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • Room Types Dining Room: Yes
  • Pool Features Screen Enclosure: Yes
  • Security Features Security System Owned: Yes
  • Room Types Family Room: Yes
  • Room Types Laundry: Yes
  • Levels Three Or More: Yes
  • Interior Features Butler Pantry: Yes
  • Security Features Entry PhoneIntercom: Yes
  • Exterior Features Boat Lift: Yes
  • Room Types Bonus Room: Yes
  • Room Types Loft: Yes
  • Interior Features Jack and Jill Bath: Yes
  • Flooring Marble: Yes
  • Exterior Features Boat Ramp - Private: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Bar, Built-in Features, Butler Pantry, Ceiling Fan(s), Eat-in Kitchen, Jack and Jill Bath, Kitchen Island, Pantry, Primary Bathroom - Tub with Shower, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
  • Flooring: Carpet, Marble, Wood
  • Spa Features: Bath, In Ground
  • Appliances: Dishwasher, Disposal, Double Oven, Dryer, Electric Range, Freezer, Gas Range, Microwave, Refrigerator, Trash Compactor, Washer, Water Softener Owned
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace Features: Wood Burning, Other
  • ResoLivingAreaSource: Other
  • General Property Information Bathrooms Half: 1
  • Appliances Dishwasher: Yes
  • Appliances:Gas Range: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Eat-in Kitchen: 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:Split Bedrooms: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Double Oven: Yes
  • Spa Features:Bath: Yes
  • Fireplace Features:Wood Burning: Yes
  • Appliances:Water Softener-Owned: Yes
  • Appliances:Freezer: Yes
  • Appliances:Trash Compactor: Yes

Exterior Features

  • Exterior Features: Outdoor Kitchen, Boat Lift, Boat Ramp - Private
  • Pool Features: Private, Screen Enclosure
  • Roof: Tile
  • Acres: 2.0
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Direction Faces: East
  • Patio And Porch Features: Patio, Porch, Screened
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Lot Features:Wooded: Yes
  • Exterior Features Outdoor Kitchen2: Yes
  • View:River: Yes
  • Waterfront Features:River Front: Yes
  • Construction Materials:Brick2: Yes

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Attached, Garage Door Opener, RV Access/Parking
  • General Property Information:Garage YN: No
  • Parking Features:Attached: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:RV AccessParking: Yes

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 144.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 144.0
  • General Property Information:Association Fee Frequency: Quarterly
  • Association Amenities:Boat Dock: Yes

Schools

  • Middle Or Junior School: Jefferson

Lot Info

  • Lot Size Sq Ft: 87120.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2605794
  • Parcel #: 26-37-06-04-0000a.0-0006.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Negotiable

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 15064.2

MLS Schools

  • Elementary School: Tropical
  • High School: Merritt Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2013
Closed on
Sep 30, 2014
Sold by
Mamo Louis and Mamo Stephanie
Bought by
Butler Stephan Craig and Butler Carole Marie
Seller's Agent
David Dahne
The Keyes Company
Buyer's Agent
David Dahne
The Keyes Company
List Price
$1,410,000
Sold Price
$975,000
Premium/Discount to List
-$435,000
-30.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.14%
Original Mortgage
$780,000
Interest Rate
4.15%

Purchase Details

Closed on
Aug 24, 2001
Sold by
Werner Sheldon L and Werner Stacey
Bought by
Mamo Louis and Mamo Stephanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
7.02%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $975,000 Ladeed Title Corp
Warranty Deed $1,225,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $807,661 New Conventional
Closed $780,000 No Value Available
Previous Owner $808,020 New Conventional
Previous Owner $800,000 No Value Available
Previous Owner $373,118 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2025 07/15/25 For Sale $2,395,000 +145.6% $361 / Sq Ft
10/06/2014 10/06/14 Sold $975,000 -30.9% $142 / Sq Ft
09/05/2014 09/05/14 Pending -- -- --
11/25/2013 11/25/13 For Sale $1,410,000 -- $205 / 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 $13,752 $1,095,600 $0 $0
2022 $12,882 $1,063,690 $0 $0
2021 $13,695 $1,032,710 $0 $0
2020 $13,751 $1,018,460 $0 $0
2019 $13,804 $995,570 $0 $0
2018 $13,916 $977,010 $0 $0
2017 $14,191 $956,920 $0 $0
2016 $14,539 $937,240 $362,250 $574,990
2015 $14,850 $917,050 $345,000 $572,050
2014 $15,159 $882,190 $375,000 $507,190
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 683500

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 26-37-06-04-0000A.0-0006.00