NOT LISTED FOR SALE

2400 Palm Lake Dr Merritt Island, FL 32952

Estimated Value: $488,878 - $724,000

4 Beds
3 Baths
2,498 Sq Ft
$228/Sq Ft Est. Value

Last Sold June 21, 2013

Last sale price $249,900 $100 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $3,336/month

1 Day on Market

Highlights

  • In Ground Pool
  • Vaulted Ceiling
  • No HOA
  • Open Floorplan
  • Wood Flooring
  • Screened Porch

About This Home

As of June 2013

Move-in ready home with in-law suite! Bright and open floorplan with plenty of space for everyone. Large bedrooms, kitchen with granite counters and stainless appliances, huge living area with 12 foot ceilings, in-law suite with full bath, and so much more! Spacious screened porch with in-ground hot tub. Four bedrooms with den that could be used as a fifth. Oversized 590 sq. ft. garage with built-in shelving. Real wood flooring in main living area. Close to 528, Kelly Park, and schools.

Last Agent to Sell the Property

Andrew Barclay

RE/MAX Elite Listed on: 05/10/2013

Co-Listed By

Abby Barclay

RE/MAX Elite

Last Buyer's Agent

Lynnette Hendricks

Florida East Coast Real Estate License #651304

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,561

Year Built

  • Built in 1999

Lot Details

  • 9,583 Sq Ft Lot
  • East Facing Home
  • Wood Fence
  • Chain Link Fence

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,498 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Family Room
  • Living Room
  • Dining Room
  • Screened Porch
  • Hurricane or Storm Shutters
  • Washer and Gas Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • In-Law or Guest Suite
  • 3 Full Bathrooms
  • Separate Shower in Primary Bathroom

Outdoor Features

  • In Ground Pool
  • Patio

Schools

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

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 24371828000000001000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,561

Year Built

Built in 1999

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1999
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Co List Office Mls Id: reli2
  • Co List Office Phone: 321-799-0071
  • 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: 24371828000000001000
  • 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: 2561.44
  • Location Tax and Legal Tax Year2: 2012
  • General Property Information Living Area2: 2498.0
  • General Property Information Building Area Total3: 3430.0
  • General Property Information Lot Size Acres: 0.22
  • General Property Information Lot Size Square Feet2: 9583.2
  • 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
  • Cooling Central Air: Yes
  • Fencing Fenced2: Yes
  • Fencing Wood2: Yes
  • Flooring Laminate: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Flooring Wood: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Levels One: Yes
  • Pool Features In Ground: Yes
  • Pool Features Private: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Flooring Carpet: Yes
  • Fencing Chain Link: Yes
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • Room Types Dining Room: Yes
  • Room Types Family Room: Yes
  • Room Types Living Room: Yes
  • Interior Features Guest Suite: Yes
  • Utilities Natural Gas Connected: Yes
  • General Property Information Lot Size Dimensions: 0 x 0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen, Guest Suite, Open Floorplan, Primary Bathroom - Tub with Shower, Primary Bathroom -Tub with Separate Shower, Primary Downstairs, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
  • Flooring: Carpet, Laminate, Tile, Wood
  • Appliances: Dishwasher, Electric Range, Gas Water Heater, Microwave
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Interior Features:Primary Downstairs: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Gas Water Heater: Yes

Exterior Features

  • Exterior Features: Storm Shutters
  • Pool Features: In Ground, Private
  • Roof: Shingle
  • Fencing: Chain Link, Fenced, Wood
  • 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
  • Exterior Features:Storm Shutters: 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
  • Utilities: Natural Gas 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: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: Jefferson

Lot Info

  • Lot Dimensions: 0 x 0
  • Lot Size Sq Ft: 9583.2
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2431399
  • Parcel #: 24371828000000001000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 2561.44

MLS Schools

  • Elementary School: Audubon
  • High School: Merritt Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2013
Closed on
Jun 21, 2013
Sold by
Forsberg Stephen and Forsberg Stephanie
Bought by
Short Jason Andrew and Lerner Short Eda Renee
Seller's Agent
Andrew Barclay
RE/MAX Elite
Buyer's Agent
Lynnette Hendricks
Florida East Coast Real Estate
List Price
$249,900
Sold Price
$249,900
Current Estimated Value
$569,470

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$319,570
Avg. Annual Appreciation
7.06%
Original Mortgage
$237,405
Interest Rate
3.42%

Purchase Details

Listed on
Sep 10, 2012
Closed on
Oct 31, 2012
Sold by
Galeano Sharon J
Bought by
Forsberg Stephen and Forsberg Stephanie
Seller's Agent
Sandra Southwell
Daignault Realty Inc
Buyer's Agent
Andrew Barclay
EXP Realty, LLC
List Price
$239,900
Sold Price
$220,000
Premium/Discount to List
-$19,900
-8.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.03%

Purchase Details

Closed on
Apr 1, 2011
Sold by
Niederriter Raymond J and Niederriter Rose M
Bought by
Galcano Sharon J

Purchase Details

Closed on
Mar 31, 1999
Sold by
Niederriter Raymond J and Niederriter Rose M
Bought by
Niederriter Raymond J

Purchase Details

Closed on
Nov 10, 1998
Sold by
Henn Lee Ann
Bought by
Niederriter Raymond J and Niederriter Rose M
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
Short Jason Andrew $249,900 International Title & Escrow
Forsberg Stephen $220,000 Fidelity National Title Of F
Galcano Sharon J $194,000 State Title Partners Llp
Niederriter Raymond J -- --
Niederriter Raymond J $29,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Short Jason Andrew $207,500
Closed Short Jason Andrew $237,405
Previous Owner Niederriter Raymond Joseph $127,000
Previous Owner Niederriter Raymond J $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2013 06/21/13 Sold $249,900 0.0% $100 / Sq Ft
05/11/2013 05/11/13 Pending -- -- --
05/10/2013 05/10/13 For Sale $249,900 +13.6% $100 / Sq Ft
10/31/2012 10/31/12 Sold $220,000 -8.3% $88 / Sq Ft
10/02/2012 10/02/12 Pending -- -- --
09/10/2012 09/10/12 For Sale $239,900 -- $96 / 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
2024 $2,873 $218,300 -- --
2023 $2,873 $211,950 $0 $0
2022 $2,686 $205,780 $0 $0
2021 $2,784 $199,790 $0 $0
2020 $2,711 $197,040 $0 $0
2019 $2,658 $192,610 $0 $0
2018 $2,661 $189,020 $0 $0
2017 $2,679 $185,140 $0 $0
2016 $2,720 $181,340 $50,000 $131,340
2015 $2,794 $180,080 $50,000 $130,080
2014 $3,735 $195,350 $40,000 $155,350
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 667735

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 24-37-18-28-00000.0-0010.00