NOT LISTED FOR SALE

4870 Belize Ln Merritt Island, FL 32952

Estimated Value: $1,793,000 - $2,369,000

5 Beds
5.5 Baths
5,233 Sq Ft
$397/Sq Ft Est. Value

Last Sold July 02, 2018

Last sale price $1,243,800 $238 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $11,939/month

157 Days on Market

Highlights

  • Lake Front
  • RV Access or Parking
  • 2.57 Acre Lot
  • Private Pool
  • River View
  • Open Floorplan

About This Home

As of July 2018

We proudly present a custom built estate home on 2.57 acres of sprawling, panoramic views with 24ft, 12ft and 10ft high ceilings, 8ft high doors, 5 bedrooms with 5.5 bathrooms, dining and living rooms, plus an executive office. It has a side-entrance, over-sized 1,000 sq. ft. attached 3-car garage and a 500 sq.ft. 2-car garage/workshop in a detached building. The first floor and the hallway on the second floor boasts solid Brazilian Cherry wood floors The front entrance has Turkish Travertine tile floors, ceiling with exquisite crown mouldings, hand painted lights and two closets. Sitting off the great family room with its 24ft high ceilings and gas fireplace is an eat-in area, a large, beautiful gourmet kitchen with PRO-line appliances that includes a double oven, SEE SUPPLEMENT warming drawer, wine cooler and two dishwashers, abundant cherry cabinets, beautiful granite counter tops and a built-in desk. The large dining room has an Alabaster chandelier, one of 4 chandeliers in this home, with matching sconces. Adjacent to the great family room and next to the office is a gamer's bedroom/library with its own private bathroom. An elegant curved wooden staircase to upstairs crowned by a beautiful motorized chandelier acts as a centerpiece to this estate home. To complement the staircase is an elevator to upstairs to a hallway that accesses the front and rear balconies. The second floor has 4 bedrooms and three bathrooms and its hallway displays a stunning view to the great room and eat-in areas down below. The large master suite has its own private stairs, a study/sitting room with built-in bar and mini refrigerator and offers views to the North, East and West with a wraparound balcony on three sides so that you can relax to watch space launches. The master bedroom also has his and her toilet rooms (hers include bidet), heated whirlpool tub, large shower with 3 separate heads and controls, on-demand hot water heater, lots of granite counter space with double sinks, and two large walk-in closets, plus a third closet in the bedroom. The first floor patio to the West side of this home has a beautiful screened-in solar heated pool with abundant lounging areas and an outdoor kitchen. The second building boasts a spectacular 151 inch-screen home theatre, a full bathroom, and a large 2 car garage/workshop. With frontage to Honeymoon Lake, this property provides the discerning owner access to the Indian River from one of only a few private boat protected coves in all of Florida

Last Agent to Sell the Property

Donna Ellis

One Sotheby's International License #549076 Listed on: 11/14/2017

One Sotheby's International

Last Buyer's Agent

Debi Vaughan

Ellingson Properties License #3109418

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,075

Year Built

  • Built in 2006

Lot Details

  • 2.57 Acre Lot
  • Lake Front
  • River Front
  • East Facing Home
  • Few Trees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway
  • RV Access or Parking

Property Views

  • River
  • Pool

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Asphalt
  • Stucco

Interior Spaces

  • 5,233 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Central Vacuum
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Home Office
  • Library
  • Screened Porch
  • Security System Owned

Kitchen

  • Breakfast Bar
  • Butlers Pantry
  • Double Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Dual Closets
  • Walk-In Closet
  • Separate Shower in Primary Bathroom
  • Spa Bath

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Sink Near Laundry

Pool

  • Private Pool
  • Solar Heated Pool

Outdoor Features

  • Balcony
  • Patio
  • Outdoor Kitchen
  • Separate Outdoor Workshop

Schools

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

Utilities

  • Zoned Heating and Cooling
  • Electric Water Heater
  • Water Softener is Owned

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 25-37-31-00-00028.1-0000.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,075

Year Built

Built in 2006

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 2006
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Sink
  • ResoLotFeatures: Few Trees, Other
  • Road Surface Type: Asphalt
  • Reso View: Pool, River, Water
  • ResoSecurityFeatures: Security System Owned
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: None
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Other Structures: Workshop
  • Location Tax and Legal Parcel Number2: 25-37-31-00-00028.1-0000.00
  • Location Tax and Legal Elementary School: Tropical
  • Location Tax and Legal Middle School2: Jefferson
  • Location Tax and Legal High School: Merritt Island
  • Location Tax and Legal Tax Annual Amount: 11074.9
  • Location Tax and Legal Tax Year2: 2016
  • General Property Information Living Area2: 5233.0
  • General Property Information Building Area Total3: 6233.0
  • General Property Information Lot Size Acres: 2.57
  • General Property Information Lot Size Square Feet2: 111949.0
  • 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
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Flooring Wood: Yes
  • Pets Allowed Yes: Yes
  • Pool Features Private: Yes
  • Road Surface Type Asphalt: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Electricity Connected: Yes
  • View Pool: Yes
  • Flooring Carpet: Yes
  • Laundry Features Sink: Yes
  • Levels Two: Yes
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • View Water3: Yes
  • Room Types Dining Room: Yes
  • Cooling Zoned: Yes
  • Other Structures Workshop: Yes
  • Pool Features Solar Heat: Yes
  • Security Features Security System Owned: Yes
  • Room Types Family Room: Yes
  • Room Types Laundry: Yes
  • Room Types Library: Yes
  • Room Types Living Room: Yes
  • Room Types Office: Yes
  • Interior Features Butler Pantry: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Bar, Built-in Features, Butler Pantry, Ceiling Fan(s), Central Vacuum, His and Hers Closets, Kitchen Island, Open Floorplan, Pantry, Primary Bathroom - Tub with Shower, Primary Bathroom -Tub with Separate Shower, Skylight(s), Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar
  • Flooring: Carpet, Tile, Wood
  • Spa Features: Bath
  • Appliances: Dishwasher, Disposal, Double Oven, Dryer, Electric Water Heater, Gas Range, Microwave, Refrigerator, Washer, Water Softener Owned
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Other
  • ResoLivingAreaSource: Other
  • General Property Information Bathrooms Half: 1
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Gas Range: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Built-in Features: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Double Oven: Yes
  • Interior Features:His and Hers Closets: Yes
  • Spa Features:Bath: Yes
  • Interior Features:Wet Bar: Yes
  • Interior Features:Skylight(s): Yes
  • Appliances:Water Softener-Owned: Yes
  • Interior Features:Central Vacuum: Yes

Exterior Features

  • Exterior Features: Balcony, Outdoor Kitchen
  • Pool Features: Private, Solar Heat
  • Roof: Shingle
  • Acres: 2.57
  • Waterfront Features: Lake Front, River Front
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: East
  • Patio And Porch Features: Patio, Porch, Screened, Wrap Around
  • 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:Balcony: Yes
  • Waterfront Features:Lake Front: Yes
  • Exterior Features Outdoor Kitchen2: Yes
  • Lot Features:Other21: Yes
  • Lot Features:Few Trees: Yes
  • Patio And Porch Features:Wrap Around: Yes
  • View:River: Yes
  • Waterfront Features:River Front: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: Attached, Circular Driveway, Garage Door Opener, RV Access/Parking
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 3.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Circular Driveway: Yes
  • Parking Features:RV AccessParking: Yes

Utilities

  • Cooling: Zoned
  • Utilities: Electricity Connected, Water Available
  • Heating: Zoned
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Zoned2: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: Jefferson

Lot Info

  • Lot Size Sq Ft: 111949.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 25-37-31-00-00028.1-0000.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 11074.9

MLS Schools

  • Elementary School: Tropical
  • High School: Merritt Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2017
Closed on
Jun 29, 2018
Sold by
Parks Anthony L and Parks Betty
Bought by
Rutstein Julius and Rutstein Judith
Seller's Agent
Donna Ellis
One Sotheby's International
Buyer's Agent
Debi Vaughan
Ellingson Properties
List Price
$1,569,000
Sold Price
$1,243,800
Premium/Discount to List
-$325,200
-20.73%
Current Estimated Value
$2,076,197

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$832,397
Avg. Annual Appreciation
7.15%
Original Mortgage
$75,000,000
Interest Rate
4.6%

Purchase Details

Closed on
Jun 22, 2001
Sold by
Parkin Mark E and Parkin Linda T
Bought by
Parks Anthony L and Parks Betty
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rutstein Julius $1,243,800 Echelon Title Services Llc
Parks Anthony L $221,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Rutstein Julius $75,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/16/2023 12/16/23 Off Market $1,243,800 -- --
07/02/2018 07/02/18 Sold $1,243,800 -20.7% $238 / Sq Ft
04/20/2018 04/20/18 Pending -- -- --
11/14/2017 11/14/17 For Sale $1,569,000 -- $300 / 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 $12,084 $1,163,680 -- --
2024 $12,044 $984,480 -- --
2023 $12,044 $955,810 $0 $0
2022 $11,281 $927,980 $0 $0
2021 $11,981 $900,960 $0 $0
2020 $12,015 $888,530 $0 $0
2019 $14,350 $996,180 $335,050 $661,130
2018 $10,619 $744,910 $0 $0
2017 $10,817 $729,590 $0 $0
2016 $11,075 $714,590 $320,050 $394,540
2015 $11,472 $709,630 $305,050 $404,580
2014 $11,583 $704,000 $300,050 $403,950
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 798228

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 25-37-31-00-00028.1-0000.00