NOT LISTED FOR SALE

489 Red Sail Way Satellite Beach, FL 32937

Estimated Value: $742,464 - $1,069,000

4 Beds
3 Baths
2,254 Sq Ft
$405/Sq Ft Est. Value

Last Sold December 08, 2014

Last sale price $455,000 $202 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $5,478/month

112 Days on Market

Highlights

  • Boathouse
  • Boat Dock
  • Boat Lift
  • Sea Park Elementary School Rated 9+
  • Home fronts navigable water
  • Solar Heated In Ground Pool

About This Home

As of December 2014

HUGE PRICE REDUCTION!! Rare waterfront pool home for sale in Sleepy Lagoon with super low HOA fees! Watch Dolphins and Manatees feed while you enjoy your breakfast poolside. Boat lift and dock on a deep-water canal close to the Grand, 1/4 acre lot with mature Mango trees & Coconut Palms. Perfect floor plan for Large family, in-laws or long term guests with two master bedrooms! Open living/dining area plus formal dining and family rooms. Tile roof, Inside Utility. Hurricane code garage door and Hurricane shutters throughout. Custom oak cabinets. Solid construction and well maintained. Half wall around the pool allows for rare privacy on the canal without disturbing your water view...Amazing! You won't find another one like it so come see it before its gone!

Last Agent to Sell the Property

Michelle Smith

Real Estate Direct of Florida Listed on: 07/12/2014

Real Estate Direct of Florida

Last Buyer's Agent

Barbara Lyn

RE/MAX Elite License #617792

RE/MAX Elite

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,642

Year Built

  • Built in 1977

Lot Details

  • 0.25 Acre Lot
  • Home fronts navigable water
  • Home fronts a canal
  • Cul-De-Sac
  • North Facing Home

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Property Views

  • Canal
  • Pool

Home Design

  • Tile Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,254 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Family Room
  • Living Room
  • Dining Room
  • Screened Porch

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • In-Law or Guest Suite
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Solar Heated In Ground Pool
  • Screen Enclosure

Outdoor Features

  • Boat Lift
  • Boathouse
  • Patio

Schools

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

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 26-37-22-77-00000.0-0030.00

Community Details

Overview

  • Sleepy Lagoon Subdivision

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,642

Year Built

Built in 1977

Lot Details

0

HOA Fees

$8 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1977
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • ResoLotFeatures: Cul-De-Sac
  • Reso View: Canal, Pool
  • Reso Association Amenities: Boat Dock, Management - Full Time
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Sleepy Lagoon
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Reso Other Structures: Boat House
  • Location Tax and Legal Parcel Number2: 26-37-22-77-00000.0-0030.00
  • Location Tax and Legal Elementary School: Sea Park
  • Location Tax and Legal Middle School2: DeLaura
  • Location Tax and Legal High School: Satellite
  • Location Tax and Legal Tax Annual Amount: 4642.42
  • Location Tax and Legal Tax Year2: 2013
  • General Property Information Living Area2: 2254.0
  • General Property Information Building Area Total3: 2686.0
  • General Property Information Lot Size Acres: 0.25
  • General Property Information Lot Size Square Feet2: 10710.0
  • 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: North
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Levels One: Yes
  • Pool Features In Ground: Yes
  • Pool Features Private: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Electricity Connected: Yes
  • View Pool: Yes
  • Flooring Carpet: Yes
  • Roof:Tile2: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • Room Types Dining Room: Yes
  • Pool Features Screen Enclosure: Yes
  • Pool Features Solar Heat: Yes
  • Room Types Family Room: Yes
  • Room Types Laundry: Yes
  • Room Types Living Room: Yes
  • Interior Features Guest Suite: Yes
  • General Property Information Lot Size Dimensions: 85.0 ft x 126.0 ft
  • Exterior Features Boat Lift: Yes
  • Other Structures Boat House: Yes
  • ViewCanal: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Guest Suite, Open Floorplan, Pantry, Split Bedrooms
  • Flooring: Carpet, Tile
  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Microwave, Refrigerator, Trash Compactor, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Total Bedrooms: 8
  • ResoLivingAreaSource: Other
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Split Bedrooms: Yes
  • Appliances:Trash Compactor: Yes

Exterior Features

  • Exterior Features: Boat Lift
  • Pool Features: In Ground, Private, Screen Enclosure, Solar Heat
  • Roof: Tile
  • Acres: 0.25
  • Waterfront Features: Canal Front, Navigable Water
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: North
  • Patio And Porch Features: Patio, Porch, Screened
  • 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
  • Lot Features:Cul-De-Sac: Yes
  • Waterfront Features:Canal Front: Yes
  • Waterfront Features:Navigable Water: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Utilities: Electricity Connected, Water Available
  • Heating: Central
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 100.0
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 100.0
  • General Property Information:Association Fee Frequency: Annually
  • Association Amenities:Boat Dock: Yes

Schools

  • Middle Or Junior School: DeLaura

Lot Info

  • Lot Dimensions: 85.0 ft x 126.0 ft
  • Lot Size Sq Ft: 10710.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2606774
  • Parcel #: 26-37-22-77-00000.0-0030.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 4642.42

MLS Schools

  • Elementary School: Sea Park
  • High School: Satellite

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2014
Closed on
Dec 8, 2014
Sold by
Perez Michael and Perez Laura
Bought by
Laitier Cyrille Marc and Vanhardenberg Marion
Seller's Agent
Michelle Smith
Real Estate Direct of Florida
Buyer's Agent
Barbara Lyn
RE/MAX Elite
List Price
$510,000
Sold Price
$455,000
Premium/Discount to List
-$55,000
-10.78%
Current Estimated Value
$913,116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$458,116
Avg. Annual Appreciation
6.65%
Original Mortgage
$250,000
Outstanding Balance
$140,788
Interest Rate
4.07%
Estimated Equity
$772,328

Purchase Details

Closed on
Jun 9, 2006
Sold by
Greenfeld Fred G and Greenfeld Deborah
Bought by
Perez Michael and Perez Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.35%

Purchase Details

Closed on
Jan 23, 2003
Sold by
Teal James A and Teal Janice B
Bought by
Greenfeld Fred F and Greenfeld Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
6.01%
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
Laitier Cyrille Marc $455,000 Landing Title Agency Inc
Perez Michael $635,000 Precise Title Inc
Greenfeld Fred F $360,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Laitier Cyrille Marc $250,000
Previous Owner Perez Michael $200,000
Previous Owner Greenfeld Fred F $288,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2014 12/08/14 Sold $455,000 -10.8% $202 / Sq Ft
11/01/2014 11/01/14 Pending -- -- --
07/12/2014 07/12/14 For Sale $510,000 -- $226 / 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 $7,530 $653,530 -- --
2024 $7,520 $574,860 -- --
2023 $7,520 $568,710 $0 $0
2022 $7,908 $747,280 $0 $0
2021 $6,535 $457,070 $210,000 $247,070
2020 $6,182 $425,010 $200,000 $225,010
2019 $6,612 $447,560 $200,000 $247,560
2018 $6,696 $441,570 $200,000 $241,570
2017 $6,610 $417,900 $200,000 $217,900
2016 $6,577 $396,520 $195,000 $201,520
2015 $6,563 $378,470 $195,000 $183,470
2014 $4,601 $289,890 $180,000 $109,890
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 701469

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 26-37-22-77-00000.0-0030.00