$468,000
SOLD JUN 30, 2023

480 Sail Ln Unit 305 Merritt Island, FL 32953

3 Beds
2 Baths
2,048 Sq Ft
$919/mo HOA Fee

Recently Sold

$229 Per Sq Ft

5% Below List Price

99 Days on Market

Highlights

  • Home fronts a seawall
  • Intracoastal View
  • Heated In Ground Pool
  • Fitness Center
  • Gated with Attendant
  • Clubhouse

About This Home

As of June 2023

Direct WATERFRONT! This 3bd/2ba unit has a Kitchen Island, plenty of cabinet space & Corian countertops. Master Suite complete w/separate his & her WALK-IN closets, jetted tub, walk-in shower & sliding doors to the balcony. Guest suite shares access to guest bath. Tray ceilings & recessed lighting in kitchen & living area. This unit is freshly painted, smoke detectors 2023 & A/C handler/condenser 2020. Electric storm SHUTTERS on balcony. This is a gated community with secure lobby access. Amenities: 2 pools, spa, tennis courts, pickleball, exercise room, sauna & more! RELAX on the balcony & enjoy the view of the SUNSETS over the Indian River; capture vivid KSC Launches & Historic Downtown Cocoa Village Fireworks. Just 15 mins to Cocoa Beach/45 mins to Orlando Int'l Airport & Disney

Last Agent to Sell the Property

Lora Jones

Coldwell Banker Realty License #3374789 Listed on: 03/01/2023

Coldwell Banker Realty

Last Buyer's Agent

Jason Wood

RE/MAX Aerospace Realty License #3206614

RE/MAX Aerospace Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,830

Year Built

  • Built in 2004

Lot Details

  • Home fronts a seawall
  • River Front
  • Southeast Facing Home

HOA Fees

  • $919 Monthly HOA Fees

Parking

  • Subterranean Parking
  • Garage Door Opener
  • Guest Parking

Home Design

  • Membrane Roofing
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,048 Sq Ft Home
  • Ceiling Fan
  • Intracoastal Views

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Dual Closets
  • Walk-In Closet
  • In-Law or Guest Suite
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom
  • Spa Bath

Laundry

  • Dryer
  • Washer
  • Sink Near Laundry

Home Security

Pool

  • Heated In Ground Pool
  • In Ground Spa

Outdoor Features

  • Balcony

Schools

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

Utilities

  • Central Heating and Cooling System
  • Hot Water Heating System

Listing and Financial Details

  • Assessor Parcel Number 2457931

Community Details

Overview

  • Association fees include cable TV, insurance, internet, pest control, security, sewer, trash, water
  • Fairway Management Association, Phone Number (321) 777-7575
  • Island Pointe Condo Ph 1A Subdivision
  • Maintained Community
  • Car Wash Area
  • 8-Story Property

Amenities

  • Sauna
  • Clubhouse
  • Secure Lobby

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pet Size Limit
  • 2 Pets Allowed

Security

  • Gated with Attendant
  • Resident Manager or Management On Site
  • Hurricane or Storm Shutters

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,830

Year Built

Built in 2004

Lot Details

0

HOA Fees

$919 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2004
  • Reso Property Sub Type: Condominium
  • ResoLaundryFeatures: Sink
  • Reso View: Water, Intracoastal
  • Water Body Name: Indian River
  • ResoSecurityFeatures: Gated with Guard, Secured Lobby
  • Reso Association Amenities: Basketball Court, Car Wash Area, Clubhouse, Fitness Center, Maintenance Grounds, Maintenance Structure, Management- On Site, Sauna, Spa/Hot Tub, Tennis Court(s)
  • Reso Association Fee Includes: Cable TV, Insurance, Internet, Pest Control, Security, Sewer, Trash, Water
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Island Pointe Condo Ph 1A
  • Carport Y N: No
  • Entry Level: 3
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 2457931
  • Location Tax and Legal Elementary School: Mila
  • Location Tax and Legal Middle School2: Jefferson
  • Location Tax and Legal High School: Merritt Island
  • Location Tax and Legal Tax Annual Amount: 1830.29
  • Location Tax and Legal Tax Year2: 2022
  • General Property Information Living Area2: 2048.0
  • General Property Information Building Area Total3: 2248.0
  • 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: Southeast
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Pool Features In Ground: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Sewer:Public Sewer: Yes
  • Flooring Carpet: Yes
  • Laundry Features Sink: Yes
  • Water Source Public: Yes
  • Pets Allowed Total Number Of Pets: 2
  • Pets Allowed Size Limit: Yes
  • Spa Features In Ground2: Yes
  • General Property Information Carport YN2: No
  • View Water3: Yes
  • Waterfront Features Waterfront Community: Yes
  • General Property Information Stories Total: 8
  • General Property Information Association Phone: (321) 777-7575
  • Levels Three Or More: Yes
  • Security Features Secured Lobby: Yes
  • Interior Features Guest Suite: Yes
  • Pool Features Gas Heat: Yes
  • Security Features Gated with Guard: Yes
  • View Intracoastal: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 8

Interior Features

  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Elevator, Guest Suite, His and Hers Closets, Kitchen Island, Pantry, Primary Bathroom - Tub with Shower, Split Bedrooms, Walk-In Closet(s)
  • Flooring: Carpet, Tile
  • Spa Features: Bath, In Ground
  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Ice Maker, Microwave, Refrigerator, Washer, None
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 8
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Pool Features:Community: 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
  • Interior Features:Elevator: Yes
  • Appliances:None: Yes

Exterior Features

  • Exterior Features: Balcony, Storm Shutters
  • Pool Features: Community, Gas Heat, In Ground
  • Roof: Membrane, Other
  • Waterfront Features: River Front, Seawall, Waterfront Community
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: Southeast
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Exterior Features:Storm Shutters: Yes
  • Exterior Features:Balcony: Yes
  • ConstructionSiding:Roof Membrane: Yes
  • Waterfront Features:Seawall: Yes
  • Waterfront Features:River Front: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Covered, Garage Door Opener, Guest, Underground
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Covered: Yes
  • Parking Features:Guest: Yes
  • Parking Features:Underground2: Yes

Utilities

  • Cooling: Central Air
  • Heating: Central, Hot Water
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Hot Water: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 918.81
  • Association Fee Frequency: Monthly
  • Association Name: Fairway Management
  • Phone: 321-777-7575
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: Fairway Management
  • General Property Information:Association Fee: 918.81
  • General Property Information:Association Fee Frequency: Monthly
  • Association Amenities:Sauna2: Yes
  • Association Amenities:SpaHot Tub: Yes
  • Association Fee Includes:Cable TV: Yes
  • Association Fee Includes:Insurance: Yes
  • Association Fee Includes:Internet: Yes
  • Association Fee Includes:Security: Yes
  • Association Fee Includes:Water: Yes
  • Association Amenities:Clubhouse: Yes
  • Association Amenities:Fitness Center: Yes
  • Association Amenities:Basketball Court: Yes
  • Association Amenities:Tennis Court(s)2: Yes
  • Association Fee Includes:Sewer: Yes
  • Association Fee Includes:Trash: Yes
  • Association Amenities:Car Wash Area: Yes
  • Association Fee Includes:Pest Control: Yes

Schools

  • Middle Or Junior School: Jefferson

Lot Info

  • Additional Parcels Description: 2457931
  • Parcel #: 2457931

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 1830.29

MLS Schools

  • Elementary School: Mila
  • High School: Merritt Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 20, 2007
Sold by
Osborn James C and Osborn Dorina D
Bought by
Osborn James C and Osborn Dorina D
Current Estimated Value
$485,727

Purchase Details

Closed on
Feb 28, 2005
Sold by
Pastermack Bill and Pastermack Toni
Bought by
Osborn James C and Osborn Dorina D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,800
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 18, 2005
Sold by
Towne Development Of Island Pointe Inc
Bought by
Pastermack Bill and Pastermack Toni

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,800
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Warranty Deed $450,000 Security First Title Partner
Warranty Deed $319,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $205,800 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2023 06/30/23 Sold $468,000 0.0% $229 / Sq Ft
06/30/2023 06/30/23 Sold $468,000 -2.4% $229 / Sq Ft
06/08/2023 06/08/23 Pending -- -- --
05/11/2023 05/11/23 For Sale $479,500 0.0% $234 / Sq Ft
05/08/2023 05/08/23 Price Changed $479,500 -3.1% $234 / Sq Ft
03/01/2023 03/01/23 For Sale $495,000 -- $242 / 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
2023 $2,049 $162,830 $0 $0
2022 $1,907 $158,090 $0 $0
2021 $1,963 $153,490 $0 $0
2020 $1,897 $151,380 $0 $0
2019 $1,850 $147,980 $0 $0
2018 $1,847 $145,230 $0 $0
2017 $1,851 $142,250 $0 $0
2016 $1,950 $139,330 $0 $0
2015 $2,003 $138,370 $0 $0
2014 $2,014 $137,280 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lora Jones

    Seller's Agent in 2023

    Lora Jones

    COLDWELL BANKER REALTY

    (321) 626-2389

    11 in this area

    38 Total Sales

    Section Image

  • S

    Buyer's Agent in 2023

    Stellar Non-Member Agent

    FL_MFRMLS

    Section Image
  • Jason Wood

    Buyer's Agent in 2023

    Jason Wood

    RE/MAX

    (321) 698-5151

    4 in this area

    55 Total Sales

    Section Image
See All Agents

Map

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

MLS Number: 958461

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 24-36-35-00-00252.S-0000.00

Florida Brevard County Merritt Island 32953

480 Sail Ln Unit 305, Merritt Island, FL

This home is located at 480 Sail Ln Unit 305, Merritt Island, FL 32953 and is currently priced at $468,000, approximately $228 per square foot. This property was built in 2004. 480 Sail Ln Unit 305 is a home located in Brevard County with nearby schools including Mila Elementary School, Thomas Jefferson Middle School, and Merritt Island High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Space Coast MLS (Space Coast Association of REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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