NOT LISTED FOR SALE

490 Sail Ln Unit 603 Merritt Island, FL 32953

Estimated Value: $494,381 - $600,000

3 Beds
2 Baths
2,122 Sq Ft
$551/mo HOA Fee

Last Sold July 06, 2018

Last sale price $379,000 $179 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $3,926/month

121 Days on Market

Highlights

  • Home fronts a seawall
  • Intracoastal View
  • In Ground Spa
  • Fitness Center
  • Gated with Attendant
  • Open Floorplan

About This Home

As of July 2018

PARADISE without the maintenance! Who could ask for more? Spacious, open concept overlooking the Intracoastal Waterway offers a spectacular view of the sunsets that will take your breath away. Step out onto the balcony and see the manatees & dolphins frolicking in the river. This is a sight you will never get tired of seeing! Hurricane season...no worries...lower the shutters with the touch of a button. This is a gated community with all the resort amenities; 2 heated pools, 2 hot tubs, fitness center, sauna, and tennis & basketball courts. Furnishings negotiable. An added bonus to this community is the very active Social Committee. New to the area? This is island living!!!

Last Agent to Sell the Property

Jane Velluto-Huber

Daignault Realty Inc License #3324617 Listed on: 02/21/2018

Last Buyer's Agent

Ivette Wagner

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,298

Year Built

  • Built in 2005

Lot Details

  • Home fronts a seawall
  • River Front
  • South Facing Home

HOA Fees

  • $551 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • 1 Carport Space
  • Garage Door Opener
  • Guest Parking

Property Views

  • Intracoastal
  • River

Home Design

  • Concrete Siding
  • Block Exterior
  • Asphalt
  • Stucco

Interior Spaces

  • 2,122 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Living Room
  • Dining Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Dual Closets
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom
  • Spa Bath

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Pool

  • In Ground Spa
  • Heated Pool

Outdoor Features

  • Balcony

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 24-36-35-34-00000.0-0001.28

Community Details

Overview

  • Association fees include cable TV, insurance, pest control, security, sewer, trash, water
  • Fairway Management Association, Phone Number (321) 806-4908
  • Island Pointe Condo Ph 1B Subdivision
  • Maintained Community
  • Car Wash Area
  • 7-Story Property

Amenities

  • Sauna
  • Clubhouse
  • Secure Lobby

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit

Security

  • Gated with Attendant
  • Secure Elevator
  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,298

Year Built

Built in 2005

Lot Details

0

HOA Fees

$551 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2005
  • Reso Property Sub Type: Condominium
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Road Surface Type: Asphalt
  • Reso View: River, Water, Intracoastal
  • Water Body Name: Indian River
  • ResoSecurityFeatures: Gated with Guard, Smoke Detector(s), Secured Elevator, Secured Lobby
  • Reso Association Amenities: Car Wash Area, Clubhouse, Elevator(s), Fitness Center, Maintenance Grounds, Maintenance Structure, Management - Full Time, Sauna, Spa/Hot Tub, Tennis Court(s)
  • Reso Association Fee Includes: Cable TV, Insurance, Pest Control, Security, Sewer, Trash, Water
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Island Pointe Condo Ph 1B
  • Carport Y N: Yes
  • Entry Level: 6
  • Garage Yn: Yes
  • Unit Levels: Multi/Split
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 24-36-35-34-00000.0-0001.28
  • Location Tax and Legal Elementary School: Mila
  • Location Tax and Legal Middle School2: Jefferson
  • Location Tax and Legal High School: Merritt Island
  • Location Tax and Legal Tax Annual Amount: 4298.5
  • Location Tax and Legal Tax Year2: 2016
  • General Property Information Living Area2: 2122.0
  • General Property Information Building Area Total3: 2122.0
  • General Property Information Lot Size Acres: 0.04
  • General Property Information Lot Size Square Feet2: 1742.0
  • General Property Information New Construction YN: No
  • General Property Information Carport Spaces2: 1.0
  • General Property Information Waterfront YN: Yes
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: South
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Road Surface Type Asphalt: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Flooring Carpet: Yes
  • Pets Allowed Size Limit: Yes
  • Spa Features In Ground2: Yes
  • General Property Information Carport YN2: Yes
  • Pets Allowed Number Limit: Yes
  • Utilities Water Available: Yes
  • View Water3: Yes
  • Room Types Dining Room: Yes
  • Room Types Laundry: Yes
  • Room Types Living Room: Yes
  • General Property Information Stories Total: 7
  • General Property Information Association Phone: (321) 806-4908
  • Security Features Secured Elevator: Yes
  • Security Features Secured Lobby: Yes
  • Pool Features Electric Heat: Yes
  • Utilities Sewer Available: Yes
  • Security Features Gated with Guard: Yes
  • View Intracoastal: Yes
  • Levels MultiSplit: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 7

Interior Features

  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen, His and Hers Closets, Kitchen Island, Open Floorplan, Pantry, Primary Bathroom - Tub with Shower, Split Bedrooms, Walk-In Closet(s)
  • Flooring: Carpet, Tile
  • Spa Features: Bath, In Ground
  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer, None
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Total Bedrooms: 6
  • Stories: 7
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Open Floorplan: Yes
  • Pool Features:Community: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:His and Hers Closets: Yes
  • Spa Features:Bath: Yes
  • Appliances:None: Yes

Exterior Features

  • Exterior Features: Balcony, Storm Shutters
  • Pool Features: Community, Electric Heat
  • Roof: Other
  • Acres: 0.04
  • Waterfront Features: River Front, Seawall
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: South
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Exterior Features:Storm Shutters: Yes
  • Exterior Features:Balcony: Yes
  • Waterfront Features:Seawall: Yes
  • View:River: Yes
  • Waterfront Features:River Front: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached, Carport, Garage, Garage Door Opener, Guest
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Carport: Yes
  • Parking Features:Guest: Yes

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 551.0
  • Association Fee Frequency: Monthly
  • Association Name: Fairway Management
  • Phone: 321-806-4908
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: Fairway Management
  • General Property Information:Association Fee: 551.0
  • General Property Information:Association Fee Frequency: Monthly
  • Association Amenities:Sauna2: Yes
  • Association Amenities:SpaHot Tub: Yes
  • Association Fee Includes:Cable TV: Yes
  • Association Fee Includes:Insurance: Yes
  • Association Fee Includes:Security: Yes
  • Association Fee Includes:Water: Yes
  • Association Amenities:Clubhouse: Yes
  • Association Amenities:Fitness Center: Yes
  • Association Amenities:Tennis Court(s)2: Yes
  • Association Amenities:Elevator(s): Yes
  • Association Fee Includes:Sewer: Yes
  • Association Fee Includes:Trash: Yes
  • Association Amenities:Car Wash Area: Yes
  • Association Fee Includes:Pest Control: Yes

Schools

  • Middle Or Junior School: Jefferson

Lot Info

  • Lot Size Sq Ft: 1742.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2458435
  • Parcel #: 24-36-35-34-00000.0-0001.28
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 4298.5

MLS Schools

  • Elementary School: Mila
  • High School: Merritt Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2018
Closed on
Jul 5, 2018
Sold by
Innovative Contractors Inc
Bought by
Burmester George Michael and Burmester Jean Heimgartner
Seller's Agent
Jane Velluto-Huber
Daignault Realty Inc
Buyer's Agent
Ivette Wagner
Coldwell Banker Realty
List Price
$389,900
Sold Price
$379,000
Premium/Discount to List
-$10,900
-2.8%
Current Estimated Value
$558,845

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,845
Avg. Annual Appreciation
5.05%

Purchase Details

Closed on
Apr 18, 2005
Sold by
Towne Development Of Island Pointe Inc
Bought by
Innovative Contractors Inc
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
Burmester George Michael $379,000 International Title And Escr
Innovative Contractors Inc $465,900 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2018 07/06/18 Sold $379,000 -1.0% $179 / Sq Ft
06/23/2018 06/23/18 Pending -- -- --
02/21/2018 02/21/18 Price Changed $382,900 -1.8% $180 / Sq Ft
02/21/2018 02/21/18 For Sale $389,900 0.0% $184 / Sq Ft
07/13/2016 07/13/16 Rented $2,000 0.0% --
05/18/2016 05/18/16 For Rent $2,000 0.0% --
04/20/2015 04/20/15 For Rent $2,000 0.0% --
04/20/2015 04/20/15 Rented $2,000 -9.1% --
10/09/2014 10/09/14 Rented $2,200 +22.2% --
09/09/2014 09/09/14 Under Contract -- -- --
08/02/2014 08/02/14 For Rent $1,800 +12.5% --
12/30/2013 12/30/13 Rented $1,600 -5.9% --
12/16/2013 12/16/13 For Rent $1,700 +6.3% --
12/16/2013 12/16/13 Rented $1,600 +6.7% --
11/30/2013 11/30/13 Under Contract -- -- --
11/11/2010 11/11/10 For Rent $1,500 -- --
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 $3,451 $272,550 $0 $0
2022 $3,222 $264,620 $0 $0
2021 $3,373 $256,920 $0 $0
2020 $3,327 $253,380 $0 $0
2019 $3,296 $247,690 $0 $0
2018 $4,513 $318,240 $0 $318,240
2017 $4,471 $316,850 $0 $316,850
2016 $4,299 $291,090 $0 $0
2015 $4,055 $199,650 $0 $0
2014 $3,696 $181,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 805924

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 24-36-35-34-00000.0-0001.28