489 Lanternback Island Dr Satellite Beach, FL 32937
Estimated Value: $985,000 - $1,266,000
5
Beds
3.5
Baths
3,192
Sq Ft
$350/Sq Ft
Est. Value
Highlights
- Boat Dock
- Home fronts navigable water
- Gated with Attendant
- Satellite Senior High School Rated A-
- Fitness Center
- In Ground Pool
About This Home
As of August 2023Spacious waterfront pool home in the highly sought-after Tortoise Island gated community. As you step through the front door, the view immediately captivates you. The expansive great room has high ceilings, crown molding, and an inviting open plan, perfect for entertaining. Multiple sets of glass doors open to the screened-in pool area and private dock on a navigable canal for seamless indoor/outdoor living. 2 primary bedrooms – one on the 1st floor, and a 2nd floor en-suite with a new deck overlooking the water. Home offers flexible living options - the ultimate in privacy and comfort for everyone. Roof 2018, 2 A/Cs 2016, central vac, and newer appliances. Fantastic location with so much potential to transform your dream into reality, and start living the Florida lifestyle! Call Today!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,862
Year Built
- Built in 1988
Lot Details
- 0.32 Acre Lot
- Home fronts navigable water
- Home fronts a canal
- West Facing Home
- Front and Back Yard Sprinklers
HOA Fees
- $318 Monthly HOA Fees
Parking
- 3 Car Attached Garage
- Garage Door Opener
Property Views
- Canal
- Pool
Home Design
- Frame Construction
- Shingle Roof
- Wood Siding
- Asphalt
- Stucco
Interior Spaces
- 3,192 Sq Ft Home
- 2-Story Property
- Central Vacuum
- Built-In Features
- Ceiling Fan
- Wood Burning Fireplace
- Great Room
- Family Room
- Screened Porch
- Security Gate
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Electric Range
- Microwave
- Ice Maker
- Dishwasher
- Disposal
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom on Main
- Split Bedroom Floorplan
- Walk-In Closet
- Bathtub and Shower Combination in Primary Bathroom
Laundry
- Laundry Room
- Dryer
- Washer
- Sink Near Laundry
Pool
- In Ground Pool
- Screen Enclosure
Outdoor Features
- Balcony
- Patio
Schools
- Sea Park Elementary School
- Delaura Middle School
- Satellite High School
Utilities
- Central Heating and Cooling System
- Well
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 26-37-27-Nf-00002.0-0002.00
Community Details
Overview
- Association fees include security
- Officetortoiseislandhoa.Com Association, Phone Number (321) 773-7573
- Tortoise Island Ph 3 Unit 2 Pud Subdivision
- Maintained Community
Recreation
- Boat Dock
- Tennis Courts
- Community Playground
- Fitness Center
- Community Pool
Additional Features
- Clubhouse
- Gated with Attendant
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 26, 2023
Closed on
Aug 21, 2023
Sold by
Watkins Robbie Calhoun
Bought by
Mazhar Saif and Mazhar Amanda T
Seller's Agent
Laura Forman
RE/MAX Aerospace Realty
Buyer's Agent
Guy Newman
EXP Realty, LLC
List Price
$1,050,000
Sold Price
$950,000
Premium/Discount to List
-$100,000
-9.52%
Total Days on Market
77
Views
128
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,055
Avg. Annual Appreciation
9.31%
Original Mortgage
$760,000
Outstanding Balance
$747,426
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$364,613
Purchase Details
Closed on
Jun 22, 2004
Sold by
Picardi John A and Picardi Elizabeth R
Bought by
Watkins John W and Watkins Robbie C
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
Similar Homes in Satellite Beach, FL
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mazhar Saif | $950,000 | Supreme Title Closings | |
| Watkins John W | $669,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mazhar Saif | $760,000 | |
| Previous Owner | Picardi John A | $150,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/21/2023 08/21/23 | Sold | $950,000 | -9.5% | $298 / Sq Ft |
| 07/10/2023 07/10/23 | Pending | -- | -- | -- |
| 06/26/2023 06/26/23 | For Sale | $1,050,000 | 0.0% | $329 / Sq Ft |
| 06/17/2023 06/17/23 | Pending | -- | -- | -- |
| 06/12/2023 06/12/23 | Price Changed | $1,050,000 | -8.7% | $329 / Sq Ft |
| 05/10/2023 05/10/23 | Price Changed | $1,150,000 | -5.7% | $360 / Sq Ft |
| 04/23/2023 04/23/23 | For Sale | $1,220,000 | -- | $382 / Sq Ft |
Source: Space Coast MLS (Space Coast Association of REALTORS®)
Tax History Compared to Growth
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 | $6,272 | $490,170 | $0 | $0 |
| 2022 | $5,862 | $475,900 | $0 | $0 |
| 2021 | $6,157 | $462,040 | $0 | $0 |
| 2020 | $6,114 | $455,670 | $0 | $0 |
| 2019 | $6,094 | $445,430 | $0 | $0 |
| 2018 | $6,129 | $437,130 | $0 | $0 |
| 2017 | $6,226 | $428,140 | $0 | $0 |
| 2016 | $6,366 | $419,340 | $240,000 | $179,340 |
| 2015 | $6,586 | $416,430 | $240,000 | $176,430 |
| 2014 | $6,645 | $413,130 | $240,000 | $173,130 |
Source: Public Records
Agents Affiliated with this Home
-
Laura Forman
Seller's Agent in 2023
Laura Forman
RE/MAX
(321) 917-2162
111 Total Sales
-
Guy Newman
Buyer's Agent in 2023
Guy Newman
EXP Realty, LLC
(727) 458-0901
26 Total Sales
Map
Source: Space Coast MLS (Space Coast Association of REALTORS®)
MLS Number: 962241
APN: 26-37-27-NF-00002.0-0002.00
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Information is deemed reliable but not guaranteed.
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