NOT LISTED FOR SALE

480 Sail Ln Unit 306 Merritt Island, FL 32953

Estimated Value: $474,944 - $556,000

3 Beds
2 Baths
2,048 Sq Ft
$744/mo HOA Fee

Last Sold June 13, 2023

Last sale price $558,000 $272 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $3,749/month

4 Days on Market

Highlights

  • Home fronts a seawall
  • Intracoastal View
  • Clubhouse
  • Fitness Center
  • Heated In Ground Pool
  • Sauna

About This Home

As of June 2023

DIRECT Waterfront views from this beautifully updated 3rd Floor Unit. Kitchen & owner suite upgrades galore: Soft close cabinets & drawers, separate Island, expanded kitchen w/dry bar & Quartz countertops; SS KitchenAid appliances, Convection Microwave Oven, built in Euro Cave Wine Refrigerator, sink w/ No Touch faucet and tilt out cabinet face for storage. Owner Suite w/separate his &her WALK-IN closets & sliding doors to the balcony. Remodeled Owner bath w/Quartz countertops, stunning white wave tile, blue inlay accent, open glass; jetted tub with hi-rise toilet & soft close lid. New LVP flooring in main living areas & recessed lighting; Storm SHUTTERS front & rear. A/C 2019; Maytag W/D 2021. GATED Community, secure lobby access; 2 pools, spa, tennis courts, exercise room, sauna etc! etc!

Last Agent to Sell the Property

Lora Jones

Coldwell Banker Realty License #3374789 Listed on: 05/02/2023

Coldwell Banker Realty

Last Buyer's Agent

Lori Kass

Coconut Properties Fl Real Est License #3318120

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,469

Year Built

  • Built in 2004

Lot Details

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

HOA Fees

  • $744 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
  • Convection Oven
  • Electric Range
  • Microwave
  • ENERGY STAR Qualified Refrigerator
  • Ice Maker
  • ENERGY STAR Qualified Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Vinyl

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

  • Laundry Room
  • Dryer
  • Washer
  • Sink Near Laundry

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 24-36-35-00-00252.T-0000.00

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

Recreation

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

Pet Policy

  • Pet Size Limit
  • 2 Pets Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,469

Year Built

Built in 2004

Lot Details

0

HOA Fees

$744 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
  • 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: 24-36-35-00-00252.T-0000.00
  • 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: 2469.46
  • 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 Lot Size Acres: 0.06
  • General Property Information Lot Size Square Feet2: 2614.0
  • 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: East
  • 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
  • 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
  • Room Types Laundry: Yes
  • General Property Information Stories Total: 8
  • General Property Information Association Phone: 321-777-7575
  • Levels Three Or More: Yes
  • Interior Features Guest Suite: Yes
  • Flooring Vinyl: Yes
  • Pool Features Gas Heat: 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, Vinyl
  • Spa Features: Bath, In Ground
  • Appliances: Convection Oven, Dishwasher, Disposal, Dryer, Electric Range, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Refrigerator, Ice Maker, Microwave, Refrigerator, Washer, None, Other
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 8
  • ResoLivingAreaSource: PublicRecords
  • Appliances:Convection Oven: Yes
  • 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
  • Appliances:ENERGY STAR Qualified Dishwasher: Yes
  • Appliances:ENERGY STAR Qualified Refrigerator: Yes
  • Interior Features:Elevator: Yes
  • Appliances:None: Yes

Exterior Features

  • Exterior Features: Balcony
  • Pool Features: Community, Gas Heat, In Ground
  • Roof: Membrane, Other
  • Acres: 0.06
  • Waterfront Features: River Front, Seawall, Waterfront Community
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: East
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: 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, Electric
  • Heating: Central, Electric, Hot Water
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Electric3: Yes
  • Heating:Hot Water: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 743.57
  • 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: 743.57
  • 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

  • Lot Size Sq Ft: 2614.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2457932
  • Parcel #: 24-36-35-00-00252.T-0000.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2469.46

MLS Schools

  • Elementary School: Mila
  • High School: Merritt Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2023
Closed on
Jun 13, 2023
Sold by
Lane Clifford G and Lane Maryanne
Bought by
Hicks Dave and Hicks Kerry
Seller's Agent
Lora Jones
Coldwell Banker Realty
Buyer's Agent
Lori Kass
Coconut Properties Fl Real Est
List Price
$558,000
Sold Price
$558,000
Views
21
Current Estimated Value
$508,736

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$49,264
Avg. Annual Appreciation
-1.72%
Original Mortgage
$432,000
Outstanding Balance
$422,714
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$114,712

Purchase Details

Closed on
Jun 2, 2010
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Lane Clifford J and Lane Maryanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
5.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 7, 2009
Sold by
Wells Fargo Bank N A
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Sep 27, 2005
Sold by
Meadlock J Wesley
Bought by
Howard David E and Howard Heather R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
5.77%

Purchase Details

Closed on
Jan 6, 2005
Sold by
Towne Development Of Island Pointe Inc
Bought by
Meadlock J Wesley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,810
Interest Rate
7.37%
Source: Public Records

Range of Values:

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
Hicks Dave $558,000 Island Title & Escrow
Lane Clifford J $185,000 New House Title
Federal Home Loan Mortgage Corp -- None Available
Howard David E $435,000 Southern Title Hldg Co Llc
Meadlock J Wesley $360,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hicks Dave $432,000
Previous Owner Lane Clifford G $80,000
Previous Owner Lane Clifford J $135,000
Previous Owner Howard David E $351,000
Previous Owner Howard David E $160,000
Previous Owner Meadlock J Wesley $324,810
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2023 06/13/23 Sold $558,000 0.0% $272 / Sq Ft
05/06/2023 05/06/23 Pending -- -- --
05/02/2023 05/02/23 For Sale $558,000 0.0% $272 / Sq Ft
04/27/2015 04/27/15 Rented $1,650 +3.1% --
03/13/2015 03/13/15 Under Contract -- -- --
03/05/2015 03/05/15 For Rent $1,600 0.0% --
04/24/2014 04/24/14 Rented $1,600 -8.6% --
04/08/2014 04/08/14 Under Contract -- -- --
01/14/2014 01/14/14 For Rent $1,750 +13.3% --
06/20/2012 06/20/12 Rented $1,545 0.0% --
05/18/2012 05/18/12 Under Contract -- -- --
04/25/2012 04/25/12 For Rent $1,545 -- --
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 $2,636 $323,550 $0 $0
2022 $2,469 $314,130 $0 $0
2021 $3,999 $304,990 $0 $304,990
2020 $4,036 $306,460 $0 $0
2019 $4,012 $299,570 $0 $0
2018 $4,031 $293,990 $0 $293,990
2017 $4,046 $286,680 $0 $286,680
2016 $3,892 $263,370 $0 $0
2015 $3,673 $177,020 $0 $0
2014 $3,350 $160,930 $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
  • Lori Kass

    Buyer's Agent in 2023

    Lori Kass

    Coconut Properties Fl Real Est

    (970) 618-6974

    12 in this area

    60 Total Sales

    Section Image

  • K

    Seller's Agent in 2015

    Kim McNear

    Tropical Realty & Inv. of Brev

    (321) 480-4472

    8 in this area

    13 Total Sales

    Section Image
  • Andrew Barclay

    Buyer's Agent in 2015

    Andrew Barclay

    EXP Realty, LLC

    (321) 514-9862

    6 in this area

    76 Total Sales

    Section Image

  • s

    Buyer's Agent in 2015

    spc.rets.3102990

    spc.rets.RETS_OFFICE

  • D

    Buyer's Agent in 2014

    Dee Dee Sheffield

    RE/MAX

See All Agents

Map

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

MLS Number: 963974

Space Coast MLS (Space Coast Association of REALTORS®)

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

Florida Brevard County Merritt Island 32953

480 Sail Ln Unit 306, Merritt Island, FL

This home is located at 480 Sail Ln Unit 306, Merritt Island, FL 32953 since 02 May 2023 and is currently estimated at $508,736, approximately $248 per square foot. This property was built in 2004. 480 Sail Ln Unit 306 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.

Nearby Homes