NOT LISTED FOR SALE

490 Lanternback Island Dr Satellite Beach, FL 32937

Estimated Value: $1,888,483 - $2,043,000

5 Beds
7 Baths
5,447 Sq Ft
$361/Sq Ft Est. Value

Last Sold September 02, 2020

Last sale price $1,215,000 $223 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $12,272/month

3 Days on Market

Highlights

  • Boat Dock
  • Boat Lift
  • Gated with Attendant
  • Satellite Senior High School Rated A-
  • Fitness Center
  • In Ground Pool

About This Home

As of September 2020

Spectacular home w 100+ ft direct Banana River frontage & a protecting lagoon for the boat dock. Lux atmosphere & mesmerizing water views throughout the open design. Large gourmet kitchen w an integrated snack station, bar, high-end appliances & a kitchen island surrounded by multiple living areas & easy access to the screened pool, lanai & dock w stunning views & sunsets. The sumptuous M suite opens up to a large balcony overlooking the river. Generous en-suite bedrooms throughout w custom-fitted closets. Well-maintained home w 3 fireplaces, 2 staircases, 3 climate zones, NEW TILE ROOF, new gutters & exterior paint. Desirable location on an island reached by a guard gated bridge, prestigious yet family-friendly community. Top rated schools, beautiful beaches & awesome surf spots.... Close to shopping, restaurants & only 58 min to Orlando airport.

Last Listed By

Thomas Taranto

Keller Williams Realty Brevard License #3096946 Listed on: 08/13/2020

Keller Williams Realty Brevard

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,946

Year Built

  • Built in 1987

Lot Details

  • 0.44 Acre Lot
  • River Front
  • East Facing Home
  • Front and Back Yard Sprinklers

HOA Fees

  • $243 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Property Views

  • River
  • Pool

Home Design

  • Frame Construction
  • Tile Roof
  • Wood Siding
  • Asphalt
  • Stucco

Interior Spaces

  • 5,447 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Great Room
  • Family Room
  • Living Room
  • Loft
  • Screened Porch
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • In-Law or Guest Suite
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Pool

  • In Ground Pool
  • In Ground Spa
  • Screen Enclosure

Outdoor Features

  • Boat Lift
  • Balcony
  • Patio

Schools

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

Utilities

  • Central Heating and Cooling System
  • Propane
  • Well
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 26-37-27-Nf-00001.0-0025.00

Community Details

Overview

  • Association fees include security
  • Association Phone (321) 773-7573
  • Tortoise Island Ph 3 Unit 2 Pud Subdivision
  • Maintained Community

Amenities

  • Sauna
  • Clubhouse

Recreation

  • Boat Dock
  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool

Security

  • Gated with Attendant
  • Phone Entry

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,946

Year Built

Built in 1987

Lot Details

0

HOA Fees

$243 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 1987
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • ResoLotFeatures: Sprinklers In Front, Sprinklers In Rear
  • Road Surface Type: Asphalt
  • Reso View: Pool, River, Water
  • Water Body Name: Banana River
  • ResoSecurityFeatures: Gated with Guard, Smoke Detector(s), Entry Phone/Intercom
  • Reso Association Amenities: Boat Dock, Clubhouse, Fitness Center, Maintenance Grounds, Playground, Sauna, Tennis Court(s)
  • Reso Association Fee Includes: Security
  • Co List Office Mls Id: kwbr0
  • Co List Office Phone: 321-259-1170
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Tortoise Island Ph 3 Unit 2 PUD
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling:Electric: Yes
  • Sewer:Public Sewer: Yes
  • Roof:Tile2: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Bar, Breakfast Nook, Built-in Features, Ceiling Fan(s), Guest Suite, Jack and Jill Bath, Kitchen Island, Open Floorplan, Pantry, Primary Bathroom - Tub with Shower, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
  • Flooring: Carpet, Laminate, Tile, Wood
  • Spa Features: In Ground
  • Appliances: Dishwasher, Disposal, Electric Water Heater, Microwave, Refrigerator
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: Wood Burning, Other
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Interior Features:Open Floorplan: Yes
  • Pool Features:Community: 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
  • Fireplace Features:Wood Burning: Yes

Exterior Features

  • Exterior Features: Balcony, Boat Lift
  • Pool Features: Community, In Ground, Private, Screen Enclosure
  • Roof: Tile
  • Acres: 0.44
  • Waterfront Features: River Front, Waterfront Community
  • Waterfront: Yes
  • Construction Type: Frame, Stucco, Wood Siding
  • Direction Faces: East
  • Patio And Porch Features: Patio, Porch, Screened
  • Construction Materials:Stucco: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Construction Materials:Frame: Yes
  • Construction Materials:Wood Siding: Yes
  • Exterior Features:Balcony: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Lot Features:Sprinklers In Rear: Yes
  • View:River: Yes
  • Waterfront Features:River Front: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: Attached, Garage Door Opener
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 3.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Electricity Connected, Water Available, Propane
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 243.0
  • Association Fee Frequency: Monthly
  • Phone: 321-773-7573
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 243.0
  • General Property Information:Association Fee Frequency: Monthly
  • Association Amenities:Sauna2: Yes
  • Association Fee Includes:Security: Yes
  • Association Amenities:Clubhouse: Yes
  • Association Amenities:Fitness Center: Yes
  • Association Amenities:Boat Dock: Yes
  • Association Amenities:Tennis Court(s)2: Yes
  • Association Amenities:Playground: Yes

Schools

  • Middle Or Junior School: DeLaura

Lot Info

  • Lot Size Sq Ft: 19166.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2609020
  • Parcel #: 26-37-27-Nf-00001.0-0025.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 11945.5

MLS Schools

  • Elementary School: Sea Park
  • High School: Satellite

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2020
Closed on
Sep 2, 2020
Sold by
Korte Theodore H and Korte Toni J
Bought by
Hayslip John Watson and Hayslip Diana Christine
Seller's Agent
Thomas Taranto
Keller Williams Realty Brevard
Buyer's Agent
Theresa Friend
RE/MAX Elite
List Price
$1,249,000
Sold Price
$1,215,000
Premium/Discount to List
-$34,000
-2.72%
Total Days on Market
3
Current Estimated Value
$1,967,121

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$752,121
Avg. Annual Appreciation
10.70%

Purchase Details

Listed on
Jan 3, 2015
Closed on
Apr 10, 2015
Sold by
Das Rajive K and Das Kativa
Bought by
Korte Theodore H and Korte Toni J
Seller's Agent
Lourdes Sliwa
Realty World Curri Properties
Buyer's Agent
Bluma Bofford
Indian River Realty II
List Price
$900,000
Sold Price
$825,000
Premium/Discount to List
-$75,000
-8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.43%
Original Mortgage
$417,000
Interest Rate
3.84%

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
Hayslip John Watson $1,215,000 Foundation Ttl & Setmnt Svcs
Korte Theodore H $825,000 Aurora Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Korte Theodore H $417,000
Previous Owner Catambay William $500,000
Previous Owner Catambay William $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2020 09/02/20 Sold $1,215,000 -2.7% $223 / Sq Ft
08/16/2020 08/16/20 Pending -- -- --
08/13/2020 08/13/20 For Sale $1,249,000 +51.4% $229 / Sq Ft
04/10/2015 04/10/15 Sold $825,000 -8.3% $151 / Sq Ft
03/02/2015 03/02/15 Pending -- -- --
01/02/2015 01/02/15 For Sale $900,000 -- $165 / 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 $12,224 $983,410 $0 $0
2022 $11,425 $954,770 $0 $0
2021 $12,090 $926,970 $400,000 $526,970
2020 $11,317 $852,560 $350,000 $502,560
2019 $11,945 $877,520 $350,000 $527,520
2018 $12,100 $865,490 $325,000 $540,490
2017 $10,547 $724,760 $0 $0
2016 $11,723 $769,860 $245,000 $524,860
2015 $11,259 $669,670 $245,000 $424,670
2014 -- $645,030 $245,000 $400,030
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 882728

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 26-37-27-NF-00001.0-0025.00