NOT LISTED FOR SALE

477 Lanternback Island Dr Satellite Beach, FL 32937

Estimated Value: $1,477,369

4 Beds
3.5 Baths
2,868 Sq Ft
$515/Sq Ft Est. Value

Last Sold May 23, 2014

Last sale price $509,000 $177 Per Sq Ft

Est. 190% increase in value since last sale

Current estimated payment $9,031/month

Highlights

  • Water Views
  • Home fronts navigable water
  • Gated with Attendant
  • Satellite Senior High School Rated A-
  • Boat Lift
  • In Ground Pool

About This Home

As of January 2015

AVAIL. 2/1/15: Stunning Canal Home! In exclusive Tortoise Island. Executive style 4/3 1/2. Features spectacular views East overlooking water from most every rm. Opening the front door steps in to the beautiful formal dining rm & formal front rm areas featuring the 21' soaring vaulted ceilings, go left to enter the delightful Chef's kitchen & lg family rm. Kitchen bounds of many cabinets, kitchen island, secretary area & pass thru to back pool area for entertaining. Wake up to gorgeous sunrises from Master Bedrm balcony. Master suite his/her closets, jetted tub, separate shower. One guest bedrm is located off the family rm with private bath, two other guest bedrms are located to the right of the front door with a private bathroom. Pool,Lawn,Pest Care..BBQ & Patio Furniture Included

Last Agent to Rent the Property

Sheryl Jones

RE/MAX Elite Listed on: 01/20/2015

Last Renter's Agent

Kelly Walen

Ocean Realty Partners LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1988

Lot Details

  • 0.35 Acre Lot
  • Home fronts navigable water
  • Home fronts a canal
  • West Facing Home

HOA Fees

  • $202 Monthly HOA Fees

Parking

  • 2 Car Garage

Property Views

  • Water
  • Pool

Interior Spaces

  • 2,868 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Screened Porch

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Dual Closets
  • Walk-In Closet
  • Bathtub and Shower Combination in Primary Bathroom
  • Spa Bath

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Outdoor Features

  • In Ground Pool
  • Boat Lift
  • Balcony
  • Patio

Schools

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

Utilities

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

Listing and Financial Details

  • Property Available on 2/1/15
  • The owner pays for taxes
  • Assessor Parcel Number 26-37-22-Nf-00002.0-0004.00

Community Details

Overview

  • Tortoise Island Ph 3 Unit 2 Pud Subdivision

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Year Built

Built in 1988

Lot Details

0

HOA Fees

$202 per month

Parking

2

Rental Info

  • Furnished: Unfurnished
  • Owner Pays: Taxes
  • Available Date: 2015-02-01

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1988
  • Reso Property Sub Type: Single Family Residence
  • Reso View: Pool, Water
  • ResoSecurityFeatures: Gated with Guard, Security System Owned, Smoke Detector(s)
  • Subdivision Name: Tortoise Island Ph 3 Unit 2 PUD
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Location Tax and Legal Parcel Number2: 26-37-22-Nf-00002.0-0004.00
  • Location Tax and Legal Elementary School: Sea Park
  • Location Tax and Legal Middle School2: DeLaura
  • Location Tax and Legal High School: Satellite
  • General Property Information Living Area2: 2868.0
  • General Property Information Lot Size Acres: 0.35
  • General Property Information Lot Size Square Feet2: 15246.0
  • General Property Information Waterfront YN: Yes
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: West
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Pool Features In Ground: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • View Pool: Yes
  • Levels Two: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • View Water3: Yes
  • Security Features Security System Owned: Yes
  • Room Types Laundry: Yes
  • Utilities Sewer Available: Yes
  • General Property Information Lot Size Dimensions: 102.0 ft x 150.0 ft
  • Security Features Gated with Guard: Yes
  • Exterior Features Boat Lift: Yes
  • Pets Allowed No: Yes
  • General Property Information:Pool Private YN: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-in Features, Ceiling Fan(s), His and Hers Closets, Kitchen Island, Open Floorplan, Primary Bathroom - Tub with Shower, Vaulted Ceiling(s), Walk-In Closet(s)
  • Spa Features: Bath
  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • ResoLivingAreaSource: Other
  • General Property Information Bathrooms Half: 1
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Built-in Features: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:His and Hers Closets: Yes
  • Spa Features:Bath: Yes

Exterior Features

  • Exterior Features: Balcony, Boat Lift
  • Pool Features: In Ground
  • Acres: 0.35
  • Pool Private: Yes
  • Waterfront: Yes
  • Direction Faces: West
  • 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
  • Exterior Features:Balcony: Yes
  • Waterfront Features:Canal Front: Yes
  • Waterfront Features:Navigable Water: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Garage
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Garage: Yes

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Cable Available, 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: 202.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 202.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

  • Middle Or Junior School: DeLaura

Lot Info

  • Lot Dimensions: 102.0 ft x 150.0 ft
  • Lot Size Sq Ft: 15246.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 26-37-22-Nf-00002.0-0004.00
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Sea Park
  • High School: Satellite

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 13, 2023
Sold by
Mellem Cynthia I and Mellem Carl J
Bought by
Carl J And Cynthia Mellem Revocable Trust and Mellem
Current Estimated Value
$1,477,369

Purchase Details

Listed on
Mar 3, 2014
Closed on
May 21, 2014
Sold by
Martin Evelyn L and Martin John E
Bought by
Mellem Cynthia I and Mellem Carl J
Seller's Agent
Paul Frommann
Coldwell Banker Paradise
Buyer's Agent
Andrew Barclay
EXP Realty, LLC
List Price
$549,900
Sold Price
$509,000
Premium/Discount to List
-$40,900
-7.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.55%
Original Mortgage
$209,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 21, 2006
Sold by
Martin Evelyn L and Martin John E
Bought by
Martin Evelyn L and Martin John E

Purchase Details

Closed on
Sep 30, 1999
Sold by
Landau Herbert and Landau Diane
Bought by
Martin Evelyn L

Purchase Details

Closed on
Jun 30, 1997
Sold by
White Jasper K and White Natalie H
Bought by
Landau Herbert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
7.93%

Purchase Details

Closed on
Jun 30, 1995
Sold by
Anella Vincent and Anella Elizabeth
Bought by
White Jasper K and White Natalie H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
7.79%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Carl J And Cynthia Mellem Revocable Trust $100 None Listed On Document
Carl J And Cynthia Mellem Revocable Trust $100 None Listed On Document
Mellem Cynthia I $509,000 Title Security & Escrow Of C
Martin Evelyn L -- Attorney
Martin Evelyn L $347,000 --
Landau Herbert $330,000 --
White Jasper K $336,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mellem Cynthia I $209,000
Previous Owner Landau Herbert $190,000
Previous Owner White Jasper K $125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/20/2015 01/20/15 For Rent $3,000 0.0% --
01/20/2015 01/20/15 Rented $3,000 0.0% --
09/08/2014 09/08/14 Rented $3,000 0.0% --
08/11/2014 08/11/14 Under Contract -- -- --
08/01/2014 08/01/14 For Rent $3,000 0.0% --
05/23/2014 05/23/14 Sold $509,000 -7.4% $177 / Sq Ft View Prior Sale
04/17/2014 04/17/14 Pending -- -- --
03/03/2014 03/03/14 For Sale $549,900 -- $192 / 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 $13,883 $1,157,510 -- --
2024 $14,525 $1,145,760 -- --
2023 $14,525 $1,173,100 -- --
2022 $10,809 $999,540 $0 $0
2021 $9,095 $652,760 $380,000 $272,760
2020 $8,740 $616,350 $325,000 $291,350
2019 $9,230 $637,290 $325,000 $312,290
2018 $9,170 $615,680 $300,000 $315,680
2017 $8,935 $581,290 $275,000 $306,290
2016 $8,466 $517,210 $240,000 $277,210
2015 $8,387 $489,620 $240,000 $249,620
2014 $6,446 $400,270 $240,000 $160,270
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

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

MLS Number: 715617

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 26-37-22-NF-00002.0-0004.00