NOT LISTED FOR SALE

340 Lake Point Place Merritt Island, FL 32953

Estimated Value: $464,293 - $543,000

3 Beds
2 Baths
1,726 Sq Ft
$293/Sq Ft Est. Value

Last Sold December 05, 2013

Last sale price $174,000 $101 Per Sq Ft

Est. 191% increase in value since last sale

Current estimated payment $2,989/month

109 Days on Market

Highlights

  • Lake Front
  • Home fronts a pond
  • Screened Porch
  • Lewis Carroll Elementary School Rated A-
  • No HOA
  • Cul-De-Sac

About This Home

As of December 2013

Dont wait forever for a short sale that might not happen! Bank owned properties can drag their feet as well. Private seller! Great Merritt Island Home plenty of space for entertaining, inside and outdoors. Spacious floorplan highlights the large lot size which is .34 acres. This home has all new kitchen appliances, new kitchen cabinets, new paint inside and out,he backyard. lots of storage space. and new carpet. A large enclosed porch showcases the large private backyard and pond/lake. quick access to SR528, Port Canaveral and local beaches.

Last Agent to Sell the Property

Jamal Sultan

Homefirst Realty License #3052805 Listed on: 08/10/2013

Last Buyer's Agent

Joe Ross

LaRocque & Co., Realtors License #3256865

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,319

Year Built

  • Built in 1989

Lot Details

  • 0.34 Acre Lot
  • Home fronts a pond
  • Lake Front
  • Cul-De-Sac
  • East Facing Home
  • Wrought Iron Fence
  • Front and Back Yard Sprinklers

Parking

  • 2 Car Attached Garage

Property Views

  • Lake
  • Pond

Home Design

  • Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,726 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Screened Porch
  • Washer and Gas Dryer Hookup

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Patio

Schools

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

Utilities

  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • River Island Raquette Club Ph 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 24-36-10-02-0000c.0-0005.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,319

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: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • ResoLotFeatures: Cul-De-Sac, Sprinklers In Front, Sprinklers In Rear
  • Reso View: Lake, Pond
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: River Island Raquette Club Ph 2
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 24-36-10-02-0000c.0-0005.00
  • 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: 2319.31
  • Location Tax and Legal Tax Year2: 2012
  • General Property Information Living Area2: 1726.0
  • General Property Information Lot Size Acres: 0.34
  • General Property Information Lot Size Square Feet2: 14810.0
  • 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
  • Fencing Fenced2: Yes
  • Flooring Tile: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Levels One: Yes
  • Roof:Shingle: Yes
  • Utilities Cable Available: Yes
  • ViewPond: Yes
  • Flooring Carpet: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • Fencing Wrought Iron: Yes
  • General Property Information Lot Size Dimensions: 115.0 ft x 129.0 ft
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Ceiling Fan(s), Walk-In Closet(s)
  • Flooring: Carpet, Tile
  • Appliances: Dishwasher, Disposal, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning, Other
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Fireplace Features:Wood Burning: Yes

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Fencing: Fenced, Wrought Iron
  • Acres: 0.34
  • Waterfront Features: Lake Front, Pond
  • Waterfront: Yes
  • Construction Type: Frame, Wood Siding
  • 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:Cul-De-Sac: Yes
  • View:Lake: Yes
  • Construction Materials:Frame: Yes
  • Construction Materials:Wood Siding: Yes
  • Waterfront Features:Lake Front: Yes
  • Waterfront Features:Pond2: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Lot Features:Sprinklers In Rear: 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

  • Utilities: Cable Available, Water Available

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: 115.0 ft x 129.0 ft
  • Lot Size Sq Ft: 14810.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2411544
  • Parcel #: 24-36-10-02-0000c.0-0005.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 2319.31

MLS Schools

  • Elementary School: Carroll
  • High School: Merritt Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2013
Closed on
Dec 5, 2013
Sold by
Trans American Corporation
Bought by
Miles James B and Moran Catherine L
Seller's Agent
Jamal Sultan
Homefirst Realty
Buyer's Agent
Joe Ross
LaRocque & Co., Realtors
List Price
$185,000
Sold Price
$174,000
Premium/Discount to List
-$11,000
-5.95%
Current Estimated Value
$506,573

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$332,573
Avg. Annual Appreciation
9.48%
Original Mortgage
$134,000
Interest Rate
4.13%

Purchase Details

Closed on
Apr 14, 2003
Sold by
Damico Thomas
Bought by
Churchwell Paul D and Churchwell Janet L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,258
Interest Rate
5.79%
Mortgage Type
VA

Purchase Details

Closed on
Apr 3, 2000
Sold by
Lynch William E
Bought by
Damico Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,000
Interest Rate
8.29%

Purchase Details

Closed on
Sep 24, 1997
Sold by
Lynch William L and Lynch Linda A
Bought by
Lynch William E
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
Miles James B $174,000 Attorney
Churchwell Paul D -- --
Churchwell Paul D -- --
Churchwell Paul D $167,900 --
Churchwell Paul D -- --
Damico Anthony $118,000 --
Lynch William E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miles James B $233,800
Closed Miles James B $205,000
Closed Miles James B $164,000
Closed Miles James B $134,000
Previous Owner Churchwell Paul D $25,000
Previous Owner Churchwell Paul D $31,083
Previous Owner Churchwell Paul D $30,747
Previous Owner Churchwell Paul D $171,258
Previous Owner Damico Anthony $93,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/05/2013 12/05/13 Sold $174,000 -5.9% $101 / Sq Ft
11/27/2013 11/27/13 Pending -- -- --
08/10/2013 08/10/13 For Sale $185,000 -- $107 / 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 $2,742 $228,970 -- --
2023 $2,742 $222,310 $0 $0
2022 $2,674 $215,840 $0 $0
2021 $2,784 $209,560 $0 $0
2020 $2,742 $206,670 $0 $0
2019 $2,388 $180,040 $0 $0
2018 $2,392 $176,690 $0 $0
2017 $2,411 $173,060 $0 $0
2016 $2,447 $169,510 $33,000 $136,510
2015 $2,925 $154,060 $33,000 $121,060
2014 $2,728 $140,060 $33,000 $107,060
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 675150

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 24-36-10-02-0000C.0-0005.00