NOT LISTED FOR SALE

473 Red Sail Way Satellite Beach, FL 32937

Estimated Value: $979,000 - $1,145,000

4 Beds
3 Baths
2,528 Sq Ft
$415/Sq Ft Est. Value

Last Sold November 08, 2021

Last sale price $1,300,000 $514 Per Sq Ft

Est. 19% decrease in value since last sale

Current estimated payment $6,391/month

26 Days on Market

Highlights

  • Boathouse
  • Boat Dock
  • In Ground Pool
  • Sea Park Elementary School Rated 9+
  • Home fronts navigable water
  • 0.44 Acre Lot

About This Home

As of November 2021

Welcome to beachside canal front living at its finest. Perfectly located in sought after Sleepy Lagoon Subdivision, This 4 bed/3 full bath concrete block, double lot home is one of a kind. Step through the dbl door , stain glass entry way and enter into this completely remodeled 2,524 sq/ft under ice cold air gem. Beautiful hardwood floors throughout this split floor plan. Spacious dinning room and sunken living room will host many events/holiday's. Enter into this amazing kitchen and watch the Chef of the house eyes light up. Miele appliances, 2 Sub-Zero refrigerator's, dual Fisher & Paykel dishwashers, and plenty of storage. The primary suite is spacious, 2 walk-in closets with pool/canal views. Step through any of the 3 sets of sliders onto a large oversized screened patio. Great place for morning coffee while watching the sun raise to a glass of wine and relax after long day on the water. From cook-outs to game or movie night or the big sporting event on the big screen this space will gladly host them all. You are now about to step out onto an amazing & very rare backyard oasis. Over 250 feet of canal frontage along with a huge backyard and a tropical pool the outdoor fun is endless. Covered dock with approx. 7 feet deep water. Sleepy Lagoon and canal are approx 14 ft. deep to accommodate the larger boats. numerous places to launch canoes, kayaks and paddle boards. The trampoline and playhouse are sure to keep the little ones busy. Enjoy a cozy fire on those cooler nights. Watch launches and enjoy all the wild life. Hurricane shutters neatly stacked in spacious garage complete with electric charger station, 2018 Trane A/C, 2018 hot water heater. 2018 Pool pump to mention a few upgrades. security cameras throughout inside/out. DO NOT miss out on this rare gem.

Last Agent to Sell the Property

Rick Drouin

Real Estate Solutions Brevard License #3247932 Listed on: 09/09/2021

Last Buyer's Agent

Shalom McGoffin

Ellingson Properties License #3441320

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,452

Year Built

  • Built in 1978

Lot Details

  • 0.44 Acre Lot
  • Home fronts navigable water
  • Home fronts a canal
  • Cul-De-Sac
  • North Facing Home
  • Wood Fence
  • Front and Back Yard Sprinklers

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Property Views

  • Canal
  • Pool

Home Design

  • Metal Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,528 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Family Room
  • Living Room
  • Dining Room
  • Screened Porch
  • Wood Flooring
  • Hurricane or Storm Shutters

Kitchen

  • Breakfast Bar
  • Microwave
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Dual Closets
  • Walk-In Closet
  • 3 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • In Ground Pool
  • Boathouse
  • Patio

Schools

  • Sea Park Elementary School
  • Delaura Middle School
  • Satellite High School

Utilities

  • Central Heating and Cooling System
  • Well
  • Tankless Water Heater

Listing and Financial Details

  • Assessor Parcel Number 26-37-22-77-00000.0-0025.00

Community Details

Overview

  • Sleepy Lagoon Property Owners Association
  • Sleepy Lagoon Subdivision

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,452

Year Built

Built in 1978

Lot Details

0

HOA Fees

$8 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1978
  • 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: Canal, Pool, Water
  • Reso Association Amenities: Boat Dock, Management - Full Time
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Sleepy Lagoon
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Reso Other Structures: Boat House
  • Location Tax and Legal Parcel Number2: 26-37-22-77-00000.0-0025.00
  • Location Tax and Legal Elementary School: Sea Park
  • Location Tax and Legal Middle School2: DeLaura
  • Location Tax and Legal High School: Satellite
  • Location Tax and Legal Tax Annual Amount: 6452.02
  • Location Tax and Legal Tax Year2: 2020
  • General Property Information Living Area2: 2528.0
  • General Property Information Building Area Total3: 3152.0
  • General Property Information Lot Size Acres: 0.44
  • General Property Information Lot Size Square Feet2: 19166.0
  • 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: North
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Fencing Fenced2: Yes
  • Fencing Wood2: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Flooring Wood: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Levels One: Yes
  • Pool Features In Ground: Yes
  • Pool Features Private: Yes
  • Sewer:Public Sewer: Yes
  • View Pool: Yes
  • Water Source Well: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • Pets Allowed Call: Yes
  • View Water3: Yes
  • Room Types Dining Room: Yes
  • Room Types Family Room: Yes
  • Room Types Laundry: Yes
  • Room Types Living Room: Yes
  • Other Structures Boat House: Yes
  • ViewCanal: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), His and Hers Closets, Kitchen Island, Primary Bathroom - Tub with Shower, Primary Downstairs, Split Bedrooms, Walk-In Closet(s)
  • Flooring: Wood
  • Appliances: Microwave, Refrigerator, Tankless Water Heater
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Total Bedrooms: 8
  • ResoLivingAreaSource: Other
  • Interior Features:Primary Downstairs: Yes
  • Appliances:Tankless Water Heater: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:His and Hers Closets: Yes

Exterior Features

  • Exterior Features: Storm Shutters
  • Pool Features: In Ground, Private
  • Roof: Metal
  • Fencing: Fenced, Wood
  • Acres: 0.44
  • Waterfront Features: Canal Front, Navigable Water
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: North
  • Patio And Porch Features: Patio, Porch, Screened
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Exterior Features:Storm Shutters: Yes
  • Lot Features:Cul-De-Sac: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Lot Features:Sprinklers In Rear: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Waterfront Features:Canal Front: 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: Water Available
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public, Well
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 100.0
  • Association Fee Frequency: Annually
  • Association Name: Sleepy Lagoon Property Owners Association
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: Sleepy Lagoon Property Owners Association
  • General Property Information:Association Fee: 100.0
  • General Property Information:Association Fee Frequency: Annually
  • Association Amenities:Boat Dock: Yes

Schools

  • Middle Or Junior School: DeLaura

Lot Info

  • Lot Size Sq Ft: 19166.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2606770
  • Parcel #: 26-37-22-77-00000.0-0025.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 6452.02

MLS Schools

  • Elementary School: Sea Park
  • High School: Satellite

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2021
Closed on
Nov 8, 2021
Sold by
Stillwell Mona and Stillwell William B
Bought by
Felker John and Felker Edith Maureen
Seller's Agent
Rick Drouin
Real Estate Solutions Brevard
Buyer's Agent
Shalom McGoffin
Ellingson Properties
List Price
$1,350,000
Sold Price
$1,300,000
Premium/Discount to List
-$50,000
-3.7%
Current Estimated Value
$1,049,621

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$250,379
Avg. Annual Appreciation
-5.34%

Purchase Details

Listed on
Apr 7, 2011
Closed on
Apr 30, 2012
Sold by
Brymer John H and Brymer Deborah K
Bought by
Stillwell Mona
Seller's Agent
Kevin Hill
RE/MAX Alternative Realty
List Price
$549,900
Sold Price
$426,300
Premium/Discount to List
-$123,600
-22.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.41%
Original Mortgage
$396,300
Interest Rate
3%

Purchase Details

Closed on
Sep 26, 2003
Sold by
Hoffman Thomas C and Hoffman Denise G
Bought by
Brymer John H and Brymer Deborah K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,700
Interest Rate
3.87%

Purchase Details

Closed on
Jul 28, 1997
Sold by
Cusick David F and Cusick Marjorie E
Bought by
Hoffman Thomas C and Hoffman Denise G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,600
Interest Rate
7.7%
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
Felker John $1,300,000 Prestige Ttl Of Brevard Llc
Stillwell Mona $426,300 State Titel Partners Llp
Brymer John H $505,000 --
Hoffman Thomas C $305,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stillwell Mona $396,300
Previous Owner Brymer John H $322,700
Previous Owner Hoffman Thomas C $214,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2021 11/08/21 Sold $1,300,000 +0.1% $514 / Sq Ft
10/05/2021 10/05/21 Pending -- -- --
09/15/2021 09/15/21 Price Changed $1,299,000 -3.8% $514 / Sq Ft
09/09/2021 09/09/21 For Sale $1,350,000 +216.7% $534 / Sq Ft
04/30/2012 04/30/12 Sold $426,300 -22.5% $169 / Sq Ft
11/04/2011 11/04/11 Pending -- -- --
04/07/2011 04/07/11 For Sale $549,900 -- $218 / 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 $9,827 $835,310 -- --
2024 $9,852 $811,770 -- --
2023 $9,852 $796,370 $312,000 $484,370
2022 $11,648 $979,020 $0 $0
2021 $6,476 $491,030 $0 $0
2020 $6,452 $484,260 $240,000 $244,260
2019 $6,566 $482,930 $0 $0
2018 $6,608 $473,930 $0 $0
2017 $6,720 $464,190 $0 $0
2016 $6,874 $454,650 $234,000 $220,650
2015 $7,459 $434,450 $234,000 $200,450
2014 $7,050 $401,260 $216,000 $185,260
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 915311

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 26-37-22-77-00000.0-0025.00