NOT LISTED FOR SALE

370 Oak Lake Place Merritt Island, FL 32953

Estimated Value: $519,527 - $559,000

3 Beds
2.5 Baths
2,314 Sq Ft
$235/Sq Ft Est. Value

Last Sold December 04, 2023

Last sale price $551,000 $238 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,354/month

10 Days on Market

Highlights

  • Loft
  • Great Room
  • Home Office
  • Lewis Carroll Elementary School Rated A-
  • No HOA
  • 2 Car Attached Garage

About This Home

As of December 2023

BACK ON THE MARKET!! Come see this Beautiful 2 story Family Home. With plenty of room for that brand new pool, electricity already set. 3 BR 2.5 BA, plus Office, could be a 4th bedroom! Master bedrooom and huge bathroom are on the first floor. The beautiful brick Fireplace is the focal point in the greatroom, plus a bonus room for the Painter, Crafter, Sewer or Toy room. Bamboo flooring in Great Room and Formal Dining room. The Kitchen is ideal for the Chef in the Family with the huge Island, eat in kitchen with brand new appliances. The two car over sized garage has plenty of built in storage. This home comes with a Home Warranty as well as a transferable Termite bond. A/C has an Ultraviolet mold removal/prevention system. Don't pass this one by! Come see this beautiful 2 story 3 bedroom, 2 and a half bath home. This homes features an office/loft plus a bonus room for the Crafter, Sewer, Painter or you name it room. Brand new appliances in this huge kitchen with an Island.

Last Agent to Sell the Property

Richard Hefner

LPT Realty, LLC License #3400335 Listed on: 10/27/2023

LPT Realty, LLC

Last Buyer's Agent

Sherman Gill Jr

EXP Realty LLC License #3583905

EXP Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,513

Year Built

  • Built in 1998

Lot Details

  • 0.36 Acre Lot
  • South Facing Home

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

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

Interior Spaces

  • 2,314 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Ceiling Fan
  • Wood Burning Fireplace
  • Great Room
  • Dining Room
  • Home Office
  • Library
  • Loft

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Dual Closets
  • Walk-In Closet
  • Separate Shower in Primary Bathroom
  • Spa Bath

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Patio

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • River Oaks Plantation Association
  • River Oaks Plantation Subdivision

Listing and Financial Details

  • Assessor Parcel Number 24-36-10-04-0000a.0-0003.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,513

Year Built

Built in 1998

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1998
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Road Surface Type: Asphalt
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: River Oaks Plantation
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 24-36-10-04-0000a.0-0003.00
  • 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: 5513.0
  • Location Tax and Legal Tax Year2: 2023
  • General Property Information Living Area2: 2314.0
  • General Property Information Building Area Total3: 3316.0
  • General Property Information Lot Size Acres: 0.36
  • General Property Information Lot Size Square Feet2: 15682.0
  • 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: 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
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Pets Allowed Yes: Yes
  • Road Surface Type Asphalt: Yes
  • Roof:Shingle: Yes
  • Utilities Electricity Connected: Yes
  • Flooring Carpet: Yes
  • Levels Two: Yes
  • Water Source Public: Yes
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • General Property Information Carport YN2: No
  • Room Types Dining Room: Yes
  • Room Types Great Room: Yes
  • Room Types Laundry: Yes
  • Room Types Library: Yes
  • Room Types Office: Yes
  • Room Types Loft: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Ceiling Fan(s), Central Vacuum, Eat-in Kitchen, His and Hers Closets, Kitchen Island, Pantry, Primary Bathroom - Tub with Shower, Primary Bathroom -Tub with Separate Shower, Split Bedrooms, Walk-In Closet(s)
  • Flooring: Carpet, Tile
  • Spa Features: Bath
  • Appliances: Dishwasher, Disposal, Electric Range, Electric Water Heater, Ice Maker, Microwave, Refrigerator, Other
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning, Other
  • ResoLivingAreaSource: PublicRecords
  • General Property Information Bathrooms Half: 1
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:His and Hers Closets: Yes
  • Spa Features:Bath: Yes
  • Fireplace Features:Wood Burning: Yes
  • Interior Features:Central Vacuum: Yes

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Acres: 0.36
  • Waterfront: No
  • Construction Type: Block, Concrete, Fiber Cement, Stucco
  • Direction Faces: South
  • Patio And Porch Features: Patio
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio And Porch Features:Patio: Yes
  • Construction Materials:Fiber Cement: Yes
  • Construction Materials:Brick2: 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: Electricity Connected
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Electric3: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Name: RIVER OAKS PLANTATION
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No
  • General Property Information:Association Name: RIVER OAKS PLANTATION

Schools

  • Middle Or Junior School: Jefferson

Lot Info

  • Lot Size Sq Ft: 15682.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2411562
  • Parcel #: 24-36-10-04-0000a.0-0003.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 5513.0

MLS Schools

  • Elementary School: Carroll
  • High School: Merritt Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2023
Closed on
Nov 30, 2023
Sold by
Gutierrez Jonathan
Bought by
Saleem Sohail and Muneer Satwat
Seller's Agent
Richard Hefner
LPT Realty, LLC
Buyer's Agent
Sherman Gill Jr
EXP Realty LLC
List Price
$565,000
Sold Price
$551,000
Premium/Discount to List
-$14,000
-2.48%
Views
5
Current Estimated Value
$543,132

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,868
Avg. Annual Appreciation
-0.77%
Original Mortgage
$444,000
Outstanding Balance
$412,606
Interest Rate
6.92%
Mortgage Type
New Conventional
Estimated Equity
$130,526

Purchase Details

Listed on
Dec 13, 2016
Closed on
Jan 27, 2017
Sold by
Madoff Herbert and Madoff Levera
Bought by
Gutierrez Jonathan
Seller's Agent
Maura Hawkes
Tropical Realty Beachside
Buyer's Agent
Cartama Ramos Crafton
El Pueblo Real Estate LLC
List Price
$330,000
Sold Price
$320,000
Premium/Discount to List
-$10,000
-3.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.26%
Original Mortgage
$304,000
Interest Rate
4.16%

Purchase Details

Listed on
Apr 8, 2015
Closed on
Aug 28, 2015
Sold by
Saunders Timothy J
Bought by
Madoff Herbert and Madoff Levera
Seller's Agent
Mitch Ribak
Tropical Realty Beachside
Buyer's Agent
Maura Hawkes
RE/MAX Solutions
List Price
$260,000
Sold Price
$245,000
Premium/Discount to List
-$15,000
-5.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.69%
Original Mortgage
$196,000
Interest Rate
4.02%

Purchase Details

Closed on
Apr 25, 1997
Sold by
Parlotto Gene R
Bought by
Saunders Timothy J
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
Saleem Sohail $551,000 None Listed On Document
Saleem Sohail $551,000 None Listed On Document
Gutierrez Jonathan $320,000 Prestige Title Of Brevard Ll
Madoff Herbert $245,000 Prestige Title Brevard Llc
Saunders Timothy J $24,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saleem Sohail $444,000
Closed Saleem Sohail $444,000
Previous Owner Gutierrez Jonathan $304,000
Previous Owner Madoff Herbert $196,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/23/2023 12/23/23 Off Market $320,000 -- --
12/04/2023 12/04/23 Sold $551,000 -2.5% $238 / Sq Ft
11/06/2023 11/06/23 Pending -- -- --
10/27/2023 10/27/23 For Sale $565,000 +76.6% $244 / Sq Ft
01/27/2017 01/27/17 Sold $320,000 -3.0% $141 / Sq Ft View Prior Sale
12/22/2016 12/22/16 Pending -- -- --
12/12/2016 12/12/16 Price Changed $330,000 0.0% $145 / Sq Ft
12/12/2016 12/12/16 For Sale $330,000 +3.1% $145 / Sq Ft
11/03/2016 11/03/16 Pending -- -- --
09/16/2016 09/16/16 For Sale $320,000 +30.6% $141 / Sq Ft
08/28/2015 08/28/15 Sold $245,000 -3.9% $108 / Sq Ft View Prior Sale
07/24/2015 07/24/15 Pending -- -- --
07/06/2015 07/06/15 Price Changed $255,000 -1.9% $112 / Sq Ft
04/08/2015 04/08/15 For Sale $260,000 -- $115 / 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
2025 $5,701 $394,430 -- --
2024 $5,743 $419,500 -- --
2023 $5,743 $412,520 $66,000 $346,520
2022 $5,213 $384,380 $0 $0
2021 $4,098 $303,310 $0 $0
2020 $4,044 $299,130 $47,000 $252,130
2019 $4,066 $296,890 $0 $0
2018 $4,083 $291,360 $43,000 $248,360
2017 $3,466 $240,320 $0 $0
2016 $3,529 $235,380 $33,000 $202,380
2015 $2,537 $165,880 $33,000 $132,880
2014 $2,552 $164,570 $33,000 $131,570
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 978842

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 24-36-10-04-0000A.0-0003.00