NOT LISTED FOR SALE

2445 Palm Lake Dr Merritt Island, FL 32952

Estimated Value: $371,000 - $425,000

3 Beds
2 Baths
1,508 Sq Ft
$266/Sq Ft Est. Value

Last Sold August 19, 2022

Last sale price $390,000 $259 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,578/month

88 Days on Market

Highlights

  • Lake Front
  • No HOA
  • Breakfast Area or Nook
  • Vaulted Ceiling
  • Screened Porch
  • Skylights

About This Home

As of August 2022

**MULTIPLE OFFERS RECEIVED -HIGHEST & BEST DUE BY 1:00PM on 7/16/22** You'll immediately love this WATERFRONT, 3 bdrm, 2 bath home on MERRITT ISLAND. INCREDIBLE LAKE VIEWS from most every room in this home. Tons of NATURAL LIGHT from the 3 slider doors and SKYLIGHTS. Master bdrm has VAULTED CEILINGS and a great view of the lake. Includes an EAT-IN KITCHEN and one guest room even has slider doors out to patio. HUGE SCREENED PATIO for you to enjoy the views of lake. Systems have been UPDATED; ROOF (2020), AC (2019), & GAS HOT WATER HEATER (2019). EXCLUSIVE, CONVENIENTLY LOCATED neighborhood is only 2 mins to the INTRACOASTAL WATERWAY, 2 mins to highway SR-528, and only 10 mins to the ATLANTIC OCEAN BEACH. Newly PAINTED INTERIOR and WASHER & DRYER included. Convenient INDOOR LAUNDRY ROOM.

Last Agent to Sell the Property

William Novak

RE/MAX Elite License #3430399 Listed on: 06/16/2022

RE/MAX Elite

Last Buyer's Agent

Barry Taylor

Daignault Realty Inc License #3247698

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,594

Year Built

  • Built in 1989

Lot Details

  • 9,583 Sq Ft Lot
  • Lake Front
  • North Facing Home

Parking

  • 2 Car Attached Garage

Home Design

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

Interior Spaces

  • 1,508 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Family Room
  • Screened Porch
  • Water Views

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Sink Near Laundry

Outdoor Features

  • Patio

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Gas Water Heater
  • Cable TV Available

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 24-37-18-28-00000.0-0039.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,594

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
  • ResoLaundryFeatures: Sink
  • Road Surface Type: Asphalt
  • Reso View: Water
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Lakes of Ridge Manor The Phase 2
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 24-37-18-28-00000.0-0039.00
  • 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: 1594.11
  • Location Tax and Legal Tax Year2: 2021
  • General Property Information Living Area2: 1508.0
  • General Property Information Building Area Total3: 1928.0
  • 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: Yes
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: North
  • Appliances Microwave: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Road Surface Type Asphalt: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Flooring Carpet: Yes
  • Laundry Features Sink: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • Pets Allowed Call: Yes
  • View Water3: Yes
  • Interior Features Breakfast Nook: Yes
  • Room Types Family Room: Yes
  • Room Types Laundry: Yes
  • Utilities Natural Gas Connected: Yes
  • Utilities Sewer Available: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Nook, Ceiling Fan(s), Eat-in Kitchen, Primary Bathroom - Tub with Shower, Skylight(s), Split Bedrooms, Vaulted Ceiling(s)
  • Flooring: Carpet, Tile
  • Appliances: Dishwasher, Dryer, Electric Range, Gas Water Heater, Microwave, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:Skylight(s): Yes
  • Appliances:Gas Water Heater: Yes

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Acres: 0.22
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Frame, Stucco, Wood Siding
  • Direction Faces: North
  • 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
  • Construction Materials:Frame: Yes
  • Construction Materials:Wood Siding: Yes
  • Waterfront Features:Lake Front: 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
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Available, Water Available
  • Heating: Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Heat Pump: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Name: LAKES OF RIDGE MANOR, THE PHASE TWO
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No
  • General Property Information:Association Name: LAKES OF RIDGE MANOR, THE PHASE TWO

Schools

  • Middle Or Junior School: Jefferson

Lot Info

  • Lot Size Sq Ft: 9583.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2431414
  • Parcel #: 24-37-18-28-00000.0-0039.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 1594.11

MLS Schools

  • Elementary School: Audubon
  • High School: Merritt Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2022
Closed on
Aug 18, 2022
Sold by
David R Benedik Trust
Bought by
Deluca Joseph A and Deluca Kristina M
Seller's Agent
William Novak
RE/MAX Elite
Buyer's Agent
Barry Taylor
Daignault Realty Inc
List Price
$403,000
Sold Price
$390,000
Premium/Discount to List
-$13,000
-3.23%
Current Estimated Value
$401,323

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,323
Avg. Annual Appreciation
0.95%
Original Mortgage
$312,000
Outstanding Balance
$298,198
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$103,125

Purchase Details

Closed on
Feb 26, 1997
Sold by
Benedik David R
Bought by
Benedik David R
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
Deluca Joseph A $390,000 Landmark Title
Benedik David R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Deluca Joseph A $312,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2022 08/19/22 Sold $390,000 +1.0% $259 / Sq Ft
07/18/2022 07/18/22 Pending -- -- --
06/29/2022 06/29/22 Price Changed $386,000 -4.2% $256 / Sq Ft
06/16/2022 06/16/22 For Sale $403,000 0.0% $267 / Sq Ft
06/07/2022 06/07/22 Pending -- -- --
06/04/2022 06/04/22 For Sale $403,000 0.0% $267 / Sq Ft
05/24/2022 05/24/22 Pending -- -- --
05/07/2022 05/07/22 For Sale $403,000 0.0% $267 / Sq Ft
05/06/2022 05/06/22 Pending -- -- --
04/21/2022 04/21/22 For Sale $403,000 -- $267 / 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 $4,750 $316,910 -- --
2023 $4,750 $339,660 $110,000 $229,660
2022 $1,563 $121,640 $0 $0
2021 $1,594 $118,100 $0 $0
2020 $1,536 $116,470 $0 $0
2019 $1,475 $113,860 $0 $0
2018 $1,469 $111,740 $0 $0
2017 $1,431 $107,060 $0 $0
2016 $1,441 $104,860 $55,000 $49,860
2015 $1,468 $104,140 $55,000 $49,140
2014 $1,473 $103,320 $40,000 $63,320
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 932910

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 24-37-18-28-00000.0-0039.00