NOT LISTED FOR SALE

248 Cove Loop Dr Merritt Island, FL 32953

Estimated Value: $494,000 - $550,000

4 Beds
2 Baths
1,804 Sq Ft
$289/Sq Ft Est. Value

Last Sold December 08, 2020

Last sale price $383,500 $213 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $2,965/month

18 Days on Market

Highlights

  • Lake Front
  • Boat Dock
  • Home fronts a pond
  • Lewis Carroll Elementary School Rated A-
  • In Ground Pool
  • Open Floorplan

About This Home

As of December 2020

UPDATED Lakefront Pool home located in the highly desirable Sykes Cove subdivision. This beautiful 4 bedroom, 2 bath, 2 car garage home has been completely renovated with new tile throughout, new quartz counter tops, black stainless appliances, new baseboards, new roof, new pool resurfacing, new paint inside and out, the list goes on! Light and bright this home has a large open split floorplan that overlooks the pool and lake from almost every room! Spacious large master bedroom suite with step in shower, double sinks and his and hers walk-in closets. Community features tennis courts and gazebo over the lake. Located just minutes to restaurants, shopping, fishing & boating and just a quick drive to the Orlando airport and attractions!

Last Agent to Sell the Property

Jeffrey Scarincio

River Breeze Real Estate License #3087247 Listed on: 10/06/2020

Last Buyer's Agent

Laura Speigner

Daignault Realty Inc License #3105852

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,496

Year Built

  • Built in 1997

Lot Details

  • Home fronts a pond
  • Lake Front
  • South Facing Home

HOA Fees

  • $31 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Property Views

  • Lake
  • Views of Preserve
  • Pond
  • Pool

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Asphalt
  • Stucco

Interior Spaces

  • 1,804 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Family Room
  • Living Room
  • Dining Room
  • Screened Porch
  • Tile Flooring

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Dual Closets
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Patio

Schools

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

Utilities

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

Community Details

Overview

  • Villa De Palmas Sykes Cove Sec 02 Subdivision

Recreation

  • Boat Dock
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,496

Year Built

Built in 1997

Lot Details

0

HOA Fees

$31 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1997
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Road Surface Type: Asphalt
  • Reso View: Lake, Pond, Pool, Water, Protected Preserve
  • Reso Association Amenities: Boat Dock, Management - Full Time, Tennis Court(s)
  • Co List Office Mls Id: pitt0
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Villa De Palmas Sykes Cove Sec 02
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Elementary School: Carroll
  • Location Tax and Legal Middle School2: Jefferson
  • Location Tax and Legal High School: Merritt Island
  • General Property Information Living Area2: 1804.0
  • General Property Information Building Area Total3: 2396.0
  • 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: South
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Appliances Dryer: Yes
  • Washers: 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
  • Road Surface Type Asphalt: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • ViewPond: Yes
  • View Pool: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • View Water3: Yes
  • Room Types Dining Room: Yes
  • Waterfront Features Waterfront Community: Yes
  • Room Types Family Room: Yes
  • Room Types Laundry: Yes
  • Room Types Living Room: Yes
  • View Protected Preserve: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), His and Hers Closets, Open Floorplan, Pantry, Primary Bathroom - Tub with Shower, Primary Downstairs, Split Bedrooms, Walk-In Closet(s)
  • Flooring: Tile
  • Appliances: Dishwasher, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Interior Features:Primary Downstairs: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:His and Hers Closets: Yes

Exterior Features

  • Pool Features: In Ground, Private
  • Roof: Shingle
  • Waterfront Features: Lake Front, Pond, Waterfront Community
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: South
  • 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
  • View:Lake: Yes
  • Waterfront Features:Lake Front: Yes
  • Waterfront Features:Pond2: 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
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • 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

Schools

  • Middle Or Junior School: Jefferson

MLS Schools

  • Elementary School: Carroll
  • High School: Merritt Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2020
Closed on
Dec 8, 2020
Sold by
Downing Rodney E
Bought by
Ritchardson Susan V and Ritchardson Harley P
Seller's Agent
Jeffrey Scarincio
River Breeze Real Estate
Buyer's Agent
Laura Speigner
Daignault Realty Inc
List Price
$399,900
Sold Price
$383,500
Premium/Discount to List
-$16,400
-4.1%
Current Estimated Value
$520,819

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,319
Avg. Annual Appreciation
6.46%

Purchase Details

Listed on
Aug 28, 2018
Closed on
Dec 7, 2018
Sold by
Michaels Glen C and Hoffman Denise M
Bought by
Downing Rodney E
Seller's Agent
Barry Taylor
Daignault Realty Inc
Buyer's Agent
Jeffrey Scarincio
River Breeze Real Estate
List Price
$318,775
Sold Price
$275,000
Premium/Discount to List
-$43,775
-13.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.99%

Purchase Details

Closed on
Sep 5, 1997
Sold by
Holiday Bldr Inc
Bought by
Kraese Herbert K and Kraese Maryellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,500
Interest Rate
7.39%

Purchase Details

Closed on
May 21, 1997
Sold by
Towne Dev Merritt Island Inc
Bought by
Holiday Bldr Inc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Ritchardson Susan V $383,500 Island T&E Agcy Inc
Downing Rodney E $275,000 Island Title & Escrow Agency
Kraese Herbert K $122,700 --
Holiday Bldr Inc $34,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kraese Herbert K $126,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/08/2020 12/08/20 Sold $383,500 -4.1% $213 / Sq Ft
10/24/2020 10/24/20 Pending -- -- --
10/06/2020 10/06/20 For Sale $399,900 +45.4% $222 / Sq Ft
12/07/2018 12/07/18 Sold $275,000 -5.8% $152 / Sq Ft View Prior Sale
11/29/2018 11/29/18 Pending -- -- --
11/28/2018 11/28/18 Price Changed $292,000 -5.8% $162 / Sq Ft
09/27/2018 09/27/18 Price Changed $310,000 -2.8% $172 / Sq Ft
08/28/2018 08/28/18 For Sale $318,775 0.0% $177 / Sq Ft
09/03/2015 09/03/15 Rented $1,800 0.0% --
08/12/2015 08/12/15 Under Contract -- -- --
07/21/2015 07/21/15 For Rent $1,800 +14.3% --
08/02/2014 08/02/14 Rented $1,575 0.0% --
07/18/2014 07/18/14 Under Contract -- -- --
07/14/2014 07/14/14 For Rent $1,575 0.0% --
03/15/2013 03/15/13 Rented $1,575 0.0% --
03/05/2013 03/05/13 Under Contract -- -- --
02/11/2013 02/11/13 For Rent $1,575 +6.8% --
12/01/2012 12/01/12 Rented $1,475 -7.8% --
12/01/2012 12/01/12 Under Contract -- -- --
09/11/2012 09/11/12 For Rent $1,600 0.0% --
03/01/2012 03/01/12 Rented $1,600 0.0% --
01/25/2012 01/25/12 Under Contract -- -- --
01/09/2012 01/09/12 For Rent $1,600 -- --
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
2025 $2,496 $194,710 -- --
2024 $2,460 $189,230 -- --
2023 $2,460 $183,720 $0 $0
2022 $2,297 $178,370 $0 $0
2021 $2,374 $173,180 $0 $0
2020 $2,567 $189,900 $0 $0
2019 $2,514 $185,640 $0 $0
2015 $3,273 $198,780 $50,600 $148,180
2014 $3,036 $180,710 $50,600 $130,110
Source: Public Records

Agents Affiliated with this Home

  • Jeffrey Scarincio

    Seller's Agent in 2020

    Jeffrey Scarincio

    River Breeze Real Estate

    (321) 223-2775

    24 in this area

    93 Total Sales

    Jeffrey Scarincio
    Section Image

  • L

    Buyer's Agent in 2020

    Laura Speigner

    Daignault Realty Inc

    (321) 544-2039

    18 in this area

    44 Total Sales

    Laura Speigner
    Section Image
  • Lisa Page

    Buyer Co-Listing Agent in 2020

    Lisa Page

    Daignault Realty Inc

    (321) 501-3433

    18 in this area

    45 Total Sales

    Lisa Page
    Section Image
  • Barry Taylor

    Seller's Agent in 2018

    Barry Taylor

    Daignault Realty Inc

    (321) 795-7074

    27 in this area

    79 Total Sales

    Barry Taylor
    Section Image

  • C

    Seller Co-Listing Agent in 2018

    Christine Daignault-Taylor

    Daignault Realty Inc

    (321) 591-3228

    24 in this area

    75 Total Sales

    Christine Daignault-Taylor
    Section Image

  • E

    Buyer's Agent in 2015

    Erika White

    Coldwell Banker Res. R.E.

See All Agents

Map

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

MLS Number: 887067

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 24-36-14-OI-00000.0-0128.00

Florida Brevard County Merritt Island 32953

248 Cove Loop Dr, Merritt Island, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Space Coast MLS (Space Coast Association of REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes