NOT LISTED FOR SALE

490 Sail Ln Unit 202 Merritt Island, FL 32953

Estimated Value: $457,266 - $604,000

3 Beds
2 Baths
2,065 Sq Ft
1,742 Sq Ft Lot

Highlights

  • Gated with Attendant
  • River Front
  • Balcony
  • In Ground Pool
  • Open Floorplan
  • Eat-In Kitchen

About This Home

As of May 2016

Island Pointe! Gorgeous views of the Indian River! Three bedroom two bath split plan. One car garage - under the building parking. Gated community. Secure lobby. Super community amenities - pool, tennis, clubhouse! Tenant must have condo association approval before move in. Owner will consider a small pet under 20lbs.

Last Agent to Rent the Property

Kim McNear

Tropical Realty & Inv. of Brev License #640940 Listed on: 03/28/2016

Last Renter's Agent

Dianne Wigelsworth

Found It Homes LLC License #3320322

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,350

Year Built

  • Built in 2005

Lot Details

  • River Front
  • South Facing Home

Parking

  • 1 Car Garage

Interior Spaces

  • 2,065 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Water Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Outdoor Features

  • In Ground Pool
  • Balcony

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Property Available on 5/14/16
  • Court or third-party approval is required for the sale
  • The owner pays for grounds care, pool maintenance, taxes
  • Rent includes trash collection
  • Assessor Parcel Number 24-36-35-34-00000.0-0001.07

Community Details

Overview

  • Property has a Home Owners Association
  • Island Pointe Condo Ph 1B Subdivision

Pet Policy

  • No Pets Allowed
  • Pet Size Limit

Additional Features

  • Secure Lobby
  • Gated with Attendant

Condo Details

Home Type

Condominium

Est. Annual Taxes

$5,350

Year Built

Built in 2005

Lot Details

0

Parking

1

Rental Info

  • Furnished: Unfurnished
  • Rent Includes: Trash Collection
  • Owner Pays: Grounds Care, Pool Maintenance, Taxes
  • Available Date: 2016-05-14

Listing Details

  • Property Type: Residential Lease
  • Year Built: 2005
  • Reso Property Sub Type: Condominium
  • ResoLaundryFeatures: Electric Dryer Hookup
  • Reso View: Water, Other
  • Water Body Name: Indian River
  • ResoSecurityFeatures: Gated with Guard, Secured Lobby
  • ResoSpecialListingConditions: Third Party Approval
  • Subdivision Name: Island Pointe Condo Ph 1B
  • Carport Y N: No
  • Garage Yn: Yes
  • Location Tax and Legal Parcel Number2: 24-36-35-34-00000.0-0001.07
  • Location Tax and Legal Elementary School: Mila
  • Location Tax and Legal Middle School2: Jefferson
  • Location Tax and Legal High School: Merritt Island
  • General Property Information Living Area2: 2065.0
  • General Property Information Lot Size Acres: 0.04
  • General Property Information Lot Size Square Feet2: 1742.4
  • General Property Information Waterfront YN: Yes
  • General Property Information Direction Faces: South
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Pool Features In Ground: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • Pets Allowed Size Limit: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • View Water3: Yes
  • Room Types Laundry: Yes
  • Security Features Secured Lobby: Yes
  • Utilities Sewer Available: Yes
  • Security Features Gated with Guard: Yes
  • Pets Allowed No: Yes
  • Special Listing Conditions Third Party Approval: Yes
  • General Property Information:Pool Private YN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Breakfast Bar, Built-in Features, Eat-in Kitchen, Open Floorplan, Primary Bathroom -Tub with Separate Shower, Walk-In Closet(s)
  • Appliances: Dishwasher, Electric Water Heater, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Built-in Features: Yes
  • Interior Features:Walk-In Closet(s): Yes

Exterior Features

  • Exterior Features: Balcony
  • Pool Features: In Ground, None
  • Acres: 0.04
  • Pool Private: No
  • Waterfront: Yes
  • Direction Faces: South
  • Exterior Features:Balcony: Yes
  • Waterfront Features:River Front: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Assigned, Garage, Underground, Other
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Garage: Yes
  • Parking Features:Assigned: Yes
  • Parking Features:Underground2: Yes
  • Parking Features:Other26: Yes

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Cable Available, Sewer Available, Water Available
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee Frequency: Monthly

Schools

  • Middle Or Junior School: Jefferson

Lot Info

  • Lot Size Sq Ft: 1742.4
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2458414
  • Parcel #: 24-36-35-34-00000.0-0001.07
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Mila
  • High School: Merritt Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 26, 2024
Sold by
Ghayal Kaushik and Ghayal Sejal
Bought by
Ghayal Family Trust and Ghayal
Current Estimated Value
$531,317

Purchase Details

Closed on
May 4, 2005
Sold by
Brien Randall O O and Steen Sharon S
Bought by
Ghayal Kaushik and Ghayal Sejal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,475
Interest Rate
5.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 3, 2005
Sold by
Towne Development Of Island Pointe Inc
Bought by
Obrien Randall O and Steen Sharon S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,475
Interest Rate
5.25%
Mortgage Type
Fannie Mae Freddie Mac
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
Ghayal Family Trust $100 None Listed On Document
Ghayal Family Trust $100 None Listed On Document
Ghayal Kaushik $445,000 --
Obrien Randall O $365,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vanhoff James O $300,000
Previous Owner Ghayal Kaushik $246,475
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2016 05/23/16 Rented $1,750 +2.9% --
05/21/2016 05/21/16 Under Contract -- -- --
05/13/2016 05/13/16 Price Changed $1,700 -5.6% $1 / Sq Ft
03/28/2016 03/28/16 For Rent $1,800 +12.5% --
10/17/2014 10/17/14 Rented $1,600 0.0% --
10/03/2014 10/03/14 Under Contract -- -- --
09/30/2014 09/30/14 For Rent $1,600 -- --
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 $5,350 $412,170 $0 $0
2022 $4,706 $372,260 $0 $0
2021 $4,512 $307,520 $0 $307,520
2020 $4,428 $322,470 $0 $322,470
2019 $4,198 $302,850 $0 $302,850
2018 $4,063 $293,440 $0 $293,440
2017 $3,943 $279,120 $0 $279,120
2016 $3,793 $256,430 $0 $0
2015 $3,580 $171,690 $0 $0
2014 $3,266 $156,090 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Landlord's Agent in 2016

    Kim McNear

    Tropical Realty & Inv. of Brev

    (321) 480-4472

    7 in this area

    12 Total Sales

    Kim McNear
    Section Image
  • Dianne Wigelsworth

    Tenant's Agent in 2016

    Dianne Wigelsworth

    Found It Homes LLC

    (321) 626-6710

    1 Total Sale

    Dianne Wigelsworth
    Section Image
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Map

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

MLS Number: 750219

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 24-36-35-34-00000.0-0001.07

Florida Brevard County Merritt Island 32953

490 Sail Ln Unit 202, Merritt Island, FL

This home is located at 490 Sail Ln Unit 202, Merritt Island, FL 32953 since 28 March 2016 and is currently priced at $531,317. This property was built in 2005. 490 Sail Ln Unit 202 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.

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