NOT LISTED FOR SALE

Estimated Value: $1,078,000 - $1,343,000

5 Beds
3 Baths
3,358 Sq Ft
$351/Sq Ft Est. Value

Last Sold October 06, 2014

Last sale price $514,000 $153 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $6,942/month

6 Days on Market

Highlights

  • Lake Front
  • Gated with Attendant
  • Home fronts a pond
  • Indialantic Elementary School Rated A-
  • In Ground Pool
  • Open Floorplan

About This Home

As of October 2014

COMPLETELY REDONE AMAZING POOL HOME ON THE WATER IN THE CLOISTERS! THIS IS 100% MOVE IN READY AND LOADED WITH ALL THE EXTRAS FOR AN AMAZING PRICE! FEATURES INCLUDE ISLAND KITCHEN WITH GRANITE COUNTER TOPS AND BACK SPLASH, BRAND NEW STAINLESS STEEL APPLIANCES, BREAKFAST BAR AND EAT IN AREA. HOME HAS BRAND NEW FLOORING, UP DATED LIGHTING, NEW POOL SCREENS AND FRESH PAINT. BATHROOMS ARE CUSTOM TILED WITH GLASS INSERTS AND A JETTED TUB IN THE MASTER BATH. THE MASTER SUITE OVERLOOKS THE POOL AND THE LAKE AND BOASTS OF AMAZING MORNING SUNRISES. ADDITIONALLY THERE IS AN UPSTAIRS PRIVATE BEDROOM, FIREPLACE AND POOL SPA! OH DID I MENTION THE THREE CAR GARAGE??? HURRY, THIS HOME WILL CERTAINLY NOT LAST LONG!!!

Last Agent to Sell the Property

Shirley Weems

Waterman Real Estate, Inc. License #3186592 Listed on: 09/05/2014

Waterman Real Estate, Inc.

Last Buyer's Agent

Lynda Austin

Florida East Coast Real Estate License #3275844

Florida East Coast Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,202

Year Built

  • Built in 2000

Lot Details

  • 0.34 Acre Lot
  • Home fronts a pond
  • Lake Front
  • East Facing Home

HOA Fees

  • $75 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Property Views

  • Lake
  • Pond

Home Design

  • Tile Roof
  • Concrete Siding
  • Block Exterior
  • Vinyl Siding

Interior Spaces

  • 3,358 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Screened Porch
  • Security Gate

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Sink Near Laundry

Pool

  • In Ground Pool
  • Outdoor Shower
  • Screen Enclosure

Outdoor Features

  • Patio

Schools

  • Indialantic Elementary School
  • Hoover Middle School
  • Melbourne High School

Utilities

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

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 27-37-25-58-0000e.0-0033.00

Community Details

Overview

  • Association fees include security
  • The Cloisters Phase Iib Subdivision

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,202

Year Built

Built in 2000

Lot Details

0

HOA Fees

$75 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 2000
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Sink
  • Reso View: Lake, Pond
  • ResoSecurityFeatures: Gated with Guard, Security Gate
  • Reso Association Amenities: Management - Full Time
  • Reso Association Fee Includes: Security
  • ResoSpecialListingConditions: Real Estate Owned
  • Subdivision Name: The Cloisters Phase IIB
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 27-37-25-58-0000e.0-0033.00
  • Location Tax and Legal Elementary School: Indialantic
  • Location Tax and Legal Middle School2: Hoover
  • Location Tax and Legal High School: Melbourne
  • Location Tax and Legal Tax Annual Amount: 7202.5
  • Location Tax and Legal Tax Year2: 2013
  • General Property Information Living Area2: 3358.0
  • General Property Information Building Area Total3: 4001.0
  • 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
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Levels One: Yes
  • Pool Features In Ground: Yes
  • Pool Features Private: Yes
  • Security Features Security Gate: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • ViewPond: Yes
  • Flooring Carpet: Yes
  • Laundry Features Sink: Yes
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • Roof:Tile2: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • Room Types Dining Room: Yes
  • Interior Features Breakfast Nook: Yes
  • Pool Features Screen Enclosure: Yes
  • Room Types Family Room: Yes
  • Room Types Laundry: Yes
  • Room Types Living Room: Yes
  • Utilities Natural Gas Connected: Yes
  • Utilities Sewer Available: Yes
  • General Property Information Lot Size Dimensions: 115.0 ft x 0.0 ft
  • Security Features Gated with Guard: Yes
  • Special Listing Conditions Real Estate Owned: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Bar, Breakfast Nook, Ceiling Fan(s), Eat-in Kitchen, His and Hers Closets, Kitchen Island, Open Floorplan, Pantry, Primary Bathroom - Tub with Shower, Primary Bathroom -Tub with Separate Shower, Primary Downstairs, Split Bedrooms, Walk-In Closet(s)
  • Flooring: Carpet, Tile
  • Spa Features: Bath
  • Appliances: Dishwasher, Disposal, Electric Range, Electric Water Heater, Ice Maker, Microwave
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Other
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Interior Features:Primary Downstairs: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Open Floorplan: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Breakfast Bar: 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

Exterior Features

  • Exterior Features: Outdoor Shower
  • Pool Features: In Ground, Private, Screen Enclosure
  • Roof: Tile
  • Acres: 0.34
  • Waterfront Features: Lake Front, Pond
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Vinyl Siding
  • Direction Faces: East
  • Patio And Porch Features: Patio, Porch, Screened
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • View:Lake: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Waterfront Features:Lake Front: Yes
  • Waterfront Features:Pond2: Yes
  • Exterior Features:Outdoor Shower: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: Attached, Garage Door Opener
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 3.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Available, Water Available
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 900.0
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 900.0
  • General Property Information:Association Fee Frequency: Annually
  • Association Fee Includes:Security: Yes

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Lot Dimensions: 115.0 ft x 0.0 ft
  • Lot Size Sq Ft: 14810.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2735581
  • Parcel #: 27-37-25-58-0000e.0-0033.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 7202.5

MLS Schools

  • Elementary School: Indialantic
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2014
Closed on
Sep 24, 2014
Sold by
Us Bank National Association
Bought by
Zentz Tim and Zentz Jenny
Seller's Agent
Shirley Weems
Waterman Real Estate, Inc.
Buyer's Agent
Lynda Austin
Florida East Coast Real Estate
List Price
$529,900
Sold Price
$514,000
Premium/Discount to List
-$15,900
-3%
Current Estimated Value
$1,177,053

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$663,053
Avg. Annual Appreciation
7.91%

Purchase Details

Closed on
Jan 3, 2014
Sold by
Ali Kamal P and Indymac Bank Fsb
Bought by
Us Bank National Association

Purchase Details

Closed on
Apr 10, 2012
Sold by
Sk Investments Llc
Bought by
The Cloisters Homeowners Association Of

Purchase Details

Closed on
Jul 24, 2006
Sold by
Sk Investments Llc
Bought by
Ali Kamal Pasa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$681,000
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Mar 28, 2006
Sold by
Ali Kamal Pasa
Bought by
Sk Investments Llc

Purchase Details

Closed on
Aug 19, 2005
Sold by
Ramsay Larry M and Ramsay Margherita R
Bought by
Ali Kamal Pasa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$628,000
Interest Rate
5.61%

Purchase Details

Closed on
May 20, 2002
Sold by
Granholm Tom R and Granholm Kathy C
Bought by
Ramsay Larry M and Ramsay Margherita R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.98%

Purchase Details

Closed on
Jun 25, 1998
Sold by
Joyal Ent Inc
Bought by
Granholm Tom R and Granholm Kathy C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,900
Interest Rate
7.21%
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
Zentz Tim $514,000 Buyers Title Inc
Us Bank National Association -- Attorney
The Cloisters Homeowners Association Of -- Attorney
Ali Kamal Pasa -- None Available
Sk Investments Llc -- None Available
Ali Kamal Pasa $785,000 State Title Partners Llp
Ramsay Larry M $525,000 --
Granholm Tom R $79,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ali Kamal P $681,000
Previous Owner Ali Kamal P $136,200
Previous Owner Ali Kamal Pasa $628,000
Previous Owner Ramsay Larry M $293,000
Previous Owner Ramsay Larry M $300,000
Previous Owner Granholm Tom R $50,000
Previous Owner Granholm Tom R $71,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2014 10/06/14 Sold $514,000 -3.0% $153 / Sq Ft
09/11/2014 09/11/14 Pending -- -- --
09/05/2014 09/05/14 For Sale $529,900 -- $158 / 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 $7,437 $594,530 -- --
2023 $7,437 $577,220 $0 $0
2022 $6,940 $560,410 $0 $0
2021 $7,299 $544,090 $0 $0
2020 $7,271 $536,580 $0 $0
2019 $7,004 $505,720 $0 $0
2018 $7,049 $496,300 $0 $0
2017 $7,169 $486,100 $0 $0
2016 $7,336 $476,110 $110,000 $366,110
2015 $7,588 $472,810 $110,000 $362,810
2014 $7,510 $421,170 $110,000 $311,170
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 705741

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-37-25-58-0000E.0-0033.00