NOT LISTED FOR SALE

480 Red Sail Way Satellite Beach, FL 32937

Estimated Value: $681,297 - $818,000

4 Beds
2 Baths
2,123 Sq Ft
$348/Sq Ft Est. Value

Last Sold January 17, 2020

Last sale price $390,000 $184 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $3,974/month

Highlights

  • In Ground Pool
  • Open Floorplan
  • Screened Porch
  • Sea Park Elementary School Rated 9+
  • Pool View
  • 2 Car Attached Garage

About This Home

As of September 2023

Lovely 4 bedroom home located in Sleepy Lagoon with split and open floor plan home with formal living room, formal dining, family room, large updated kitchen, large screened in porch overlooking the pool. All Osto Property Management residents are enrolled in the Resident Benefits Package (RBP) for $35.00/month which includes renters insurance, HVAC air filter delivery (for applicable properties), credit building to help boost your credit score with timely rent payments, $1M Identity Protection, move-in concierge service making utility connection and home service setup a breeze during your move-in, our best-in-class resident rewards program, and much more! More details upon application.

Last Agent to Rent the Property

Dawn Ostovich

Osto Property Management License #683668 Listed on: 09/12/2023

Last Renter's Agent

Charlie Brown

RE/MAX Elite License #3059807

RE/MAX Elite

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $699

Year Built

  • Built in 1976

Lot Details

  • 0.28 Acre Lot
  • South Facing Home
  • Fenced

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 2,123 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Screened Porch
  • Pool Views
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

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

Utilities

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

Additional Features

  • Smart Irrigation
  • In Ground Pool

Community Details

  • Property has a Home Owners Association
  • Sleepy Lagoon Association
  • Sleepy Lagoon Subdivision

Listing and Financial Details

  • Property Available on 10/1/23
  • Court or third-party approval is required for the sale
  • The owner pays for pool maintenance, taxes
  • Assessor Parcel Number 26-37-22-77-00000.0-0039.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$699

Year Built

Built in 1976

Lot Details

0

Parking

2

Rental Info

  • Furnished: Unfurnished
  • Owner Pays: Pool Maintenance, Taxes
  • Available Date: 2023-10-01

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1976
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup
  • Reso View: Pool
  • ResoSecurityFeatures: Smoke Detector(s)
  • ResoSpecialListingConditions: Third Party Approval
  • Subdivision Name: Sleepy Lagoon
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Location Tax and Legal Parcel Number2: 26-37-22-77-00000.0-0039.00
  • 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: 2123.0
  • General Property Information Lot Size Acres: 0.28
  • General Property Information Lot Size Square Feet2: 12196.8
  • 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
  • Fencing Fenced2: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Levels One: Yes
  • Pool Features In Ground: Yes
  • Security Features Smoke Detector(s): Yes
  • Utilities Cable Available: Yes
  • View Pool: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • Smart Home Features Irrigation: Yes
  • Utilities Sewer Available: Yes
  • Pets Allowed Breed Restrictions: Yes
  • Pets Allowed No: Yes
  • Utilities Electricity Available: Yes
  • Special Listing Conditions Third Party Approval: Yes
  • General Property Information:Pool Private YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Ceiling Fan(s), Open Floorplan, Primary Downstairs
  • Appliances: Dishwasher, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Interior Features:Primary Downstairs: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Ceiling Fan(s): Yes

Exterior Features

  • Pool Features: In Ground
  • Fencing: Fenced
  • Acres: 0.28
  • Pool Private: Yes
  • Waterfront: No
  • Direction Faces: South
  • Patio And Porch Features: Porch, Screened
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Cable Available, Electricity 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 Frequency: Quarterly
  • Association Name: SLEEPY LAGOON
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: SLEEPY LAGOON
  • General Property Information:Association Fee Frequency: Quarterly

Schools

  • Middle Or Junior School: DeLaura

Lot Info

  • Lot Size Sq Ft: 12196.8
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2606783
  • Parcel #: 26-37-22-77-00000.0-0039.00
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Sea Park
  • High School: Satellite

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2019
Closed on
Jan 17, 2020
Sold by
Youngs Rodney L and Youngs Jacqueline G
Bought by
Leppo Felisa
Seller's Agent
Betsy Bristow
Better Homes & Gardens RE Star
Buyer's Agent
Joel Stradtner
Dale Sorensen Real Estate Inc.
List Price
$400,000
Sold Price
$390,000
Premium/Discount to List
-$10,000
-2.5%
Current Estimated Value
$738,574

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$348,574
Avg. Annual Appreciation
11.83%
Original Mortgage
$390,000
Outstanding Balance
$345,441
Interest Rate
3.73%
Mortgage Type
VA
Estimated Equity
$393,133

Purchase Details

Closed on
Jul 9, 1993
Sold by
Eidson James P and Eidson Christine A
Bought by
Youngs Rodney L and Youngs Jacqueline G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,400
Interest Rate
7.52%
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
Leppo Felisa $390,000 Island T&E Agcy Inc
Youngs Rodney L $152,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leppo Felisa $390,000
Previous Owner Youngs Rodney L $137,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2023 09/14/23 Rented $3,200 +18.5% --
09/12/2023 09/12/23 For Rent $2,700 -15.6% --
12/01/2022 12/01/22 Rented $3,200 0.0% --
10/27/2022 10/27/22 For Rent $3,200 0.0% --
11/15/2021 11/15/21 Rented $3,200 0.0% --
10/12/2021 10/12/21 For Rent $3,200 0.0% --
10/05/2021 10/05/21 Off Market $3,200 -- --
10/04/2021 10/04/21 For Rent $3,200 0.0% --
09/21/2021 09/21/21 Price Changed $3,200 +10.3% $2 / Sq Ft
11/01/2020 11/01/20 Rented $2,900 0.0% --
10/27/2020 10/27/20 For Rent $2,900 0.0% --
10/20/2020 10/20/20 Price Changed $2,900 -3.3% $1 / Sq Ft
10/19/2020 10/19/20 Under Contract -- -- --
10/12/2020 10/12/20 For Rent $3,000 0.0% --
01/17/2020 01/17/20 Sold $390,000 -2.5% $184 / Sq Ft
11/28/2019 11/28/19 Pending -- -- --
11/21/2019 11/21/19 For Sale $400,000 -- $188 / 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 $699 $389,720 -- --
2024 $679 $378,740 -- --
2023 $679 $367,710 $0 $0
2022 $659 $357,000 $0 $0
2021 $638 $346,610 $0 $0
2020 $4,756 $320,010 $110,000 $210,010
2019 $2,481 $184,870 $0 $0
2018 $2,484 $181,430 $0 $0
2017 $2,502 $177,700 $0 $0
2016 $2,541 $174,050 $120,000 $54,050
2015 $2,608 $172,850 $80,000 $92,850
2014 $2,625 $171,480 $80,000 $91,480
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 974951

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 26-37-22-77-00000.0-0039.00