NOT LISTED FOR SALE

440 Gails Way Merritt Island, FL 32953

Estimated Value: $859,920 - $1,000,000

5 Beds
5 Baths
4,200 Sq Ft
$221/Sq Ft Est. Value

Last Sold December 17, 2014

Last sale price $400,000 $95 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $5,398/month

461 Days on Market

Highlights

  • Lake Front
  • In Ground Pool
  • 1.51 Acre Lot
  • Lewis Carroll Elementary School Rated A-
  • Home fronts a pond
  • Open Floorplan

About This Home

As of December 2014

Gated private estate in N. Merritt Island with a gorgeous owner-designed pond as you enter the property. Meticulously landscaped 200+ mature Florida friendly exotic fruit & ornimental trees surround you. A grand entry with 2story vaulted ceilings. Tons of natural light shines in from the many windows. Formal liv/din room, family rm PLUS 60ft fully finished & enclosed porch area. Master suite includes two full baths and his/hers walk-in closets along with pool access leading to large custom enclosure complete with summer kitchen and full bath, great for entertaining! Private guest suite with full bath downstairs, 3 bed & 1 bath up. Custom kitchen boasts cook top island, breakfast bar and large 'sushi bar' & can seat up to 20 people! Too much to list! Must s

Last Agent to Sell the Property

Toni Pastermack

Pastermack Real Estate License #555056 Listed on: 07/31/2013

Last Buyer's Agent

Jennifer McCoy

McCoy-Freeman Real Estate License #3011977

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,674

Year Built

  • Built in 1989

Lot Details

  • 1.51 Acre Lot
  • Home fronts a pond
  • Lake Front
  • Street terminates at a dead end
  • South Facing Home
  • Chain Link Fence
  • Wooded Lot
  • Few Trees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Property Views

  • Lake
  • Pond
  • Pool

Home Design

  • Frame Construction
  • Shingle Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 4,200 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Home Office
  • Library
  • Bonus Room
  • Sun or Florida Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Breakfast Bar
  • Convection Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Trash Compactor
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Dual Closets
  • Walk-In Closet
  • In-Law or Guest Suite
  • 5 Full Bathrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer

Home Security

  • Security Gate
  • Fire and Smoke Detector

Pool

  • In Ground Pool
  • In Ground Spa
  • Screen Enclosure

Outdoor Features

  • Balcony
  • Outdoor Kitchen
  • Shed
  • Side Porch

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 23-36-34-00-00515.0-0000.00

Community Details

Overview

  • No Home Owners Association
  • Intracoastal Estates Subdivision

Security

  • Phone Entry

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,674

Year Built

Built in 1989

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 1989
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Dead End Street, Few Trees, Wooded
  • Road Surface Type: Concrete
  • Reso View: Lake, Pond, Pool
  • ResoSecurityFeatures: Security Gate, Smoke Detector(s), Entry Phone/Intercom
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Intracoastal Estates
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Other Structures: Shed(s)
  • Location Tax and Legal Parcel Number2: 23-36-34-00-00515.0-0000.00
  • 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: 4200.0
  • General Property Information Building Area Total3: 5029.0
  • General Property Information Lot Size Acres: 1.51
  • General Property Information Lot Size Square Feet2: 65775.6
  • 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
  • Fencing Fenced2: Yes
  • Flooring Laminate: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Appliances Dryer: Yes
  • Pool Features In Ground: Yes
  • Pool Features Private: Yes
  • Lot Features Dead End Street: Yes
  • Roof:Shingle: Yes
  • Security Features Security Gate: Yes
  • Security Features Smoke Detector(s): Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • ViewPond: Yes
  • View Pool: Yes
  • Flooring Carpet: Yes
  • Levels Two: Yes
  • Fencing Chain Link: Yes
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • Spa Features In Ground2: Yes
  • General Property Information Carport YN2: No
  • Other Structures Shed(s): Yes
  • Utilities Water Available: Yes
  • Room Types Dining Room: Yes
  • Cooling Zoned: Yes
  • Interior Features Breakfast Nook: Yes
  • Pool Features Screen Enclosure: Yes
  • Room Types Family Room: Yes
  • Room Types Laundry: Yes
  • Room Types Library: Yes
  • Room Types Living Room: Yes
  • Room Types Office: Yes
  • Interior Features Guest Suite: Yes
  • Security Features Entry PhoneIntercom: Yes
  • Room Types Florida Room: Yes
  • General Property Information Lot Size Dimensions: 225.0 ft x 293.0 ft
  • Room Types Bonus Room: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Bar, Breakfast Nook, Built-in Features, Ceiling Fan(s), Eat-in Kitchen, Guest Suite, His and Hers Closets, Kitchen Island, Open Floorplan, Primary Bathroom - Tub with Shower, Primary Bathroom -Tub with Separate Shower, Primary Downstairs, Skylight(s), Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
  • Flooring: Carpet, Laminate, Tile
  • Spa Features: In Ground
  • Appliances: Convection Oven, Dishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Trash Compactor
  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Fireplace Features: Wood Burning, Other
  • Total Bedrooms: 15
  • Appliances:Convection Oven: Yes
  • 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
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Built-in Features: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:His and Hers Closets: Yes
  • Fireplace Features:Wood Burning: Yes
  • Interior Features:Skylight(s): Yes
  • Appliances:Trash Compactor: Yes

Exterior Features

  • Exterior Features: Balcony, Outdoor Kitchen
  • Pool Features: In Ground, Private, Screen Enclosure, Other
  • Roof: Shingle
  • Fencing: Chain Link, Fenced
  • Acres: 1.51
  • Waterfront Features: Lake Front, Pond
  • Waterfront: Yes
  • Construction Type: Frame, Stucco, Wood Siding
  • Direction Faces: South
  • Patio And Porch Features: Side Porch
  • Construction Materials:Stucco: Yes
  • View:Lake: Yes
  • Construction Materials:Frame: Yes
  • Construction Materials:Wood Siding: Yes
  • Lot Features:Wooded: Yes
  • Exterior Features:Balcony: Yes
  • Waterfront Features:Lake Front: Yes
  • Waterfront Features:Pond2: Yes
  • Exterior Features Outdoor Kitchen2: Yes
  • Patio and Porch Features:Side Porch: Yes
  • Lot Features:Few Trees: 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, Zoned
  • Utilities: Cable Available, Electricity Connected, Water Available
  • Heating: Central, Electric, Heat Pump, Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Central: Yes
  • Heating:Electric3: Yes
  • Sewer Septic Tank: Yes
  • Heating:Heat Pump: Yes
  • Heating:Zoned2: Yes

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: 225.0 ft x 293.0 ft
  • Lot Size Sq Ft: 65775.6
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2318381
  • Parcel #: 23-36-34-00-00515.0-0000.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

MLS Schools

  • Elementary School: Carroll
  • High School: Merritt Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2013
Closed on
Dec 17, 2014
Sold by
Truong Huan Dinh and Nguyen Tuyet T
Bought by
Ivanauskas Arunas
Seller's Agent
Toni Pastermack
Pastermack Real Estate
Buyer's Agent
Jennifer McCoy
McCoy-Freeman Real Estate
List Price
$469,000
Sold Price
$400,000
Premium/Discount to List
-$69,000
-14.71%
Current Estimated Value
$928,980

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$528,980
Avg. Annual Appreciation
8.09%
Original Mortgage
$280,000
Outstanding Balance
$97,397
Interest Rate
4.09%
Estimated Equity
$831,583

Purchase Details

Closed on
Apr 18, 2002
Sold by
Truong Huan D and Nguyen Tuyet T
Bought by
Truong Huan D
Source: Public Records

Range of Values:

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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
Ivanauskas Arunas $400,000 International Title & Escrow
Truong Huan D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ivanauskas Arunas $280,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2014 12/17/14 Sold $400,000 -14.7% $95 / Sq Ft
11/03/2014 11/03/14 Pending -- -- --
07/30/2013 07/30/13 For Sale $469,000 -- $112 / 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 $5,674 $457,190 -- --
2024 $5,634 $444,310 -- --
2023 $5,634 $431,370 $0 $0
2022 $5,276 $418,810 $0 $0
2021 $5,550 $406,620 $0 $0
2020 $5,364 $390,890 $0 $0
2019 $5,335 $382,110 $0 $0
2018 $5,363 $374,990 $0 $0
2017 $5,440 $367,280 $0 $0
2016 $5,553 $359,730 $50,000 $309,730
2015 $6,011 $335,410 $50,000 $285,410
2014 $5,611 $305,150 $50,000 $255,150
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 674225

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 23-36-34-00-00515.0-0000.00