NOT LISTED FOR SALE

254 Sykes Point Ln Merritt Island, FL 32953

Estimated Value: $1,254,000 - $1,446,000

5 Beds
3 Baths
3,481 Sq Ft
$381/Sq Ft Est. Value

Last Sold April 05, 2022

Last sale price $1,300,000 $373 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $8,371/month

358 Days on Market

Highlights

  • Boat Dock
  • Home fronts a seawall
  • Home fronts a creek
  • Lewis Carroll Elementary School Rated A-
  • In Ground Pool
  • Open Floorplan

About This Home

As of April 2022

**BACK-UP OFFERS WELCOME!!**RARE WATERFRONT ESTATE on POINT LOT w/180 degree Breath-taking Views! 5Bed/3Bath, Custom-Designed POOL Home Property, NO Detail was Overlooked Inside & Out! Most LUXURY Furnishings ARE Included, MOVE-IN READY to Enjoy! Noteworthy Features include: NEW PAVERS Front & Back! LG Seawall w/ ''Low'' Maintenance Vinyl Deck, New $75k TILE Roof, Remodeled Kitchen & Bathrms, 2 Gas Fireplaces, Solar Water Heater w/Elec backup, POSS IN-LAW SUITE, Pro Interior Design w/ Distinctive Decor thruout, High Ceilings & Open Floor Plan have the Perfect Flow! Amazing DREAM Kitchen w/Gorgeous Custom Cabs, Tons of Counterspace, Built-in Pantry & More! Huge Luxurious Master Retreat & Bath-Enjoy Special Perks of Ambient Fireplace w/Remote & Computer Control Air-Jet Tub-It's Spa Time!! Light & Bright and Spacious throughout! Floor Plan has the perfect "flow" with the Master Suite all to itself positioned for the best Privacy! Large Screened Lanai for lazy afternoons overlooking the Beautiful Pool and Water Life or Relaxing evenings. Brand New Pavered Pool Area complements the Home's Exterior and shows off it's Well-Manicured Backyard Space. Most of the Rooms enjoy Water Views. Central Vac, Large Laundry Room, conveniently located to garage entry. This is a Home you will be Proud to Entertain in and is famous in the Neighborhood for amazing Christmas parties, Love and Pride of Ownership! Enjoy the Lighted Boat Parades from the Best Seat Possible-Your Own! Located in Highly-Desired Community of Sykes Cove, just minutes from access to RT 528/Orlando, Beaches, Dining, Shopping, A Rated Schools plus the SPACE CENTER, PORT and Ocean! Waterfront Community also Enjoys a Wonderful Playground, Tennis Courts, Park-like Setting for Dog-Walking, Jogging or Relaxing in the Gazebo! Must SEE, Too much to List, Don't forget to ask about the cleverly concealed "Hidden Tub"! CALL TODAY FOR YOUR PRIVATE TOUR!!

Last Agent to Sell the Property

Julie Meyer

RE/MAX Solutions License #3059545 Listed on: 01/09/2022

RE/MAX Solutions

Last Buyer's Agent

Luis Rojas

Redfin Corp.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,245

Year Built

  • Built in 1990

Lot Details

  • 0.29 Acre Lot
  • Home fronts a creek
  • Home fronts a seawall
  • Home fronts navigable water
  • Home fronts a canal
  • Cul-De-Sac
  • West Facing Home
  • Wrought Iron Fence

HOA Fees

  • $38 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Property Views

  • Canal
  • Pool

Home Design

  • Frame Construction
  • Tile Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 3,481 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Central Vacuum
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Fireplace
  • Great Room
  • Living Room
  • Dining Room
  • Screened Porch

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom
  • Spa Bath

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Sink Near Laundry

Pool

  • In Ground Pool
  • In Ground Spa
  • Waterfall Pool Feature

Outdoor Features

  • Patio

Schools

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

Utilities

  • Central Heating and Cooling System
  • Propane
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 24-36-14-Oi-00000.0-0013.00

Community Details

Overview

  • Villa De Palmas Sykes Cove Sec 02 Association
  • Villa De Palmas Sykes Cove Sec 02 Subdivision

Recreation

  • Boat Dock
  • Tennis Courts
  • Community Playground
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,245

Year Built

Built in 1990

Lot Details

0

HOA Fees

$38 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1990
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Sink
  • ResoLotFeatures: Cul-De-Sac
  • Reso View: Canal, Pool, Water
  • Water Body Name: Sykes Creek
  • Reso Association Amenities: Boat Dock, Park, Playground, Tennis Court(s)
  • 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 Parcel Number2: 24-36-14-Oi-00000.0-0013.00
  • Location Tax and Legal Elementary School: Carroll
  • Location Tax and Legal Middle School2: Jefferson
  • Location Tax and Legal High School: Merritt Island
  • Location Tax and Legal Tax Annual Amount: 6244.8
  • Location Tax and Legal Tax Year2: 2020
  • General Property Information Living Area2: 3481.0
  • General Property Information Building Area Total3: 4598.0
  • General Property Information Lot Size Acres: 0.29
  • General Property Information Lot Size Square Feet2: 12632.0
  • 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
  • Cooling:Electric: Yes
  • Fencing Fenced2: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Flooring Wood: Yes
  • Levels One: Yes
  • Pets Allowed Yes: Yes
  • Pool Features In Ground: Yes
  • Pool Features Private: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • View Pool: Yes
  • Laundry Features Sink: Yes
  • Water Source Public: Yes
  • Roof:Tile2: Yes
  • Spa Features In Ground2: Yes
  • General Property Information Carport YN2: No
  • View Water3: Yes
  • Room Types Dining Room: Yes
  • Room Types Great Room: Yes
  • Interior Features Breakfast Nook: Yes
  • Waterfront Features Waterfront Community: Yes
  • Room Types Laundry: Yes
  • Room Types Living Room: Yes
  • Pool Features Waterfall: Yes
  • Fencing Wrought Iron: Yes
  • Utilities Propane3: Yes
  • ViewCanal: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Bar, Breakfast Nook, Built-in Features, Ceiling Fan(s), Central Vacuum, Open Floorplan, Pantry, Primary Bathroom - Tub with Shower, Primary Downstairs, Skylight(s), Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
  • Flooring: Tile, Wood
  • Spa Features: Bath, In Ground
  • Appliances: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Other
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Interior Features:Primary Downstairs: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Breakfast Bar: 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
  • Interior Features:Central Vacuum: Yes

Exterior Features

  • Pool Features: In Ground, Private, Waterfall
  • Roof: Tile
  • Fencing: Fenced, Wrought Iron
  • Acres: 0.29
  • Waterfront Features: Canal Front, Creek, Navigable Water, Seawall, Waterfront Community
  • 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
  • Lot Features:Cul-De-Sac: Yes
  • Construction Materials:Frame: Yes
  • Construction Materials:Wood Siding: Yes
  • Waterfront Features:Seawall: Yes
  • Waterfront Features:Canal Front: Yes
  • Waterfront Features:Creek: Yes
  • Waterfront Features:Navigable Water: 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, Propane
  • 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: 450.0
  • Association Fee Frequency: Annually
  • Association Name: VILLA DE PALMAS SYKES COVE SEC 02
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: VILLA DE PALMAS SYKES COVE SEC 02
  • General Property Information:Association Fee: 450.0
  • General Property Information:Association Fee Frequency: Annually
  • Association Amenities:Boat Dock: Yes
  • Association Amenities:Tennis Court(s)2: Yes
  • Association Amenities:Park: Yes
  • Association Amenities:Playground: Yes

Schools

  • Middle Or Junior School: Jefferson

Lot Info

  • Lot Size Sq Ft: 12632.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2412001
  • Parcel #: 24-36-14-Oi-00000.0-0013.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Partially

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 6244.8

MLS Schools

  • Elementary School: Carroll
  • High School: Merritt Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2022
Closed on
Apr 5, 2022
Sold by
Mcgill Thomas D and Mcgill Joan L
Bought by
Borowicz John Philip
Seller's Agent
Julie Meyer
RE/MAX Solutions
Buyer's Agent
Luis Rojas
Redfin Corp.
List Price
$1,500,000
Sold Price
$1,300,000
Premium/Discount to List
-$200,000
-13.33%
Current Estimated Value
$1,325,961

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,961
Avg. Annual Appreciation
1.48%
Original Mortgage
$960,000
Outstanding Balance
$901,633
Interest Rate
3.38%
Mortgage Type
New Conventional
Estimated Equity
$464,020
Source: Public Records

Range of Values:

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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
Borowicz John Philip $1,300,000 Dockside Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Borowicz John Philip $960,000
Closed Borowicz John $960,000
Previous Owner Mcgill Thomas D $320,300
Previous Owner Mcgill Thomas D $352,000
Previous Owner Mcgill Thomas D $55,000
Previous Owner Mcgill Thomas D $410,000
Previous Owner Mcgill Thomas D $300,700
Previous Owner Mcgill Thomas D $100,000
Previous Owner Mcgill Thomas D $275,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2022 04/05/22 Sold $1,300,000 -13.3% $373 / Sq Ft
02/23/2022 02/23/22 Pending -- -- --
01/08/2022 01/08/22 For Sale $1,500,000 0.0% $431 / Sq Ft
12/22/2021 12/22/21 Pending -- -- --
10/12/2021 10/12/21 For Sale $1,500,000 +15.4% $431 / Sq Ft
04/18/2021 04/18/21 Off Market $1,300,000 -- --
04/10/2021 04/10/21 For Sale $1,379,000 0.0% $396 / Sq Ft
03/23/2021 03/23/21 Pending -- -- --
03/02/2021 03/02/21 For Sale $1,379,000 -- $396 / 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 $12,871 $1,024,520 $423,500 $601,020
2022 $5,963 $478,080 $0 $0
2021 $6,286 $464,160 $0 $0
2020 $6,245 $457,760 $0 $0
2019 $6,225 $447,470 $0 $0
2018 $6,262 $439,130 $0 $0
2017 $6,359 $430,100 $0 $0
2016 $6,498 $421,260 $225,500 $195,760
2015 $6,718 $418,340 $198,000 $220,340
2014 $6,778 $415,020 $198,000 $217,020
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 898472

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 24-36-14-OI-00000.0-0013.00