NOT LISTED FOR SALE

Island Pointe 500 Sail Ln Unit 101 Merritt Island, FL 32953

Estimated Value: $529,522 - $620,000

3 Beds
2 Baths
2,470 Sq Ft
$573/mo HOA Fee

Last Sold June 26, 2019

Last sale price $585,000 $237 Per Sq Ft

Current estimated payment $4,248/month

43 Days on Market

Highlights

  • Boat Dock
  • Intracoastal View
  • In Ground Pool
  • Fitness Center
  • Gated with Attendant
  • River Front

About This Home

As of June 2019

Enjoy the Island lifestyle with direct Indian River views. Spacious wrap balcony to watch Florida's wildlife - dolphin, manatees & sunsets. Pride of Ownership, original owner! Beautifully custom updated Corner 3 bedroom 2 bath 2470 sq. ft. Chef's Kitchen, double oven, wood cabinetry and quartz countertops. Wood & Tile flooring throughout. Master suite has separate/double Vanities, shower & jacuzzi tub. Guest suite with private balcony. Electric storm shutters on Balconies & Windows. Private garage under the building. Island Pointe is a well sought after Resort Style Guard Gated community. Amenities include a clubhouse, gym & sauna, 2 pools & tennis. Central Merritt Island location & just across the bridge to Historic Cocoa Village where you will find specialty shops and restaurants. restaurants.

Last Listed By

Jennifer McCoy

RE/MAX Elite Listed on: 04/27/2019

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,098

Year Built

  • Built in 2005

Lot Details

  • River Front
  • Southeast Facing Home

HOA Fees

  • $573 Monthly HOA Fees

Parking

  • Subterranean Parking

Property Views

  • Intracoastal
  • River

Home Design

  • Membrane Roofing
  • Concrete Siding
  • Block Exterior
  • Asphalt
  • Stucco

Interior Spaces

  • 2,470 Sq Ft Home
  • Ceiling Fan

Kitchen

  • Breakfast Bar
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Balcony
  • Wrap Around Porch

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 24-36-35-34-00000.0-0001.35

Community Details

Overview

  • Association fees include cable TV, insurance, security, sewer, trash, water
  • Fairway Mgmt Https//Www.Islandpointecondo.Org/ Association
  • Island Pointe Condo Ph 1C Subdivision
  • Maintained Community
  • 5-Story Property

Amenities

  • Sauna
  • Clubhouse
  • Secure Lobby

Recreation

  • Boat Dock
  • Tennis Courts
  • Community Basketball Court
  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pet Size Limit
  • 2 Pets Allowed

Security

  • Gated with Attendant
  • Resident Manager or Management On Site
  • Phone Entry
  • Secure Elevator
  • Hurricane or Storm Shutters

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,098

Year Built

Built in 2005

Lot Details

0

HOA Fees

$573 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2005
  • Reso Property Sub Type: Condominium
  • Road Surface Type: Asphalt
  • Reso View: River, Water, Intracoastal
  • Water Body Name: Indian River
  • ResoSecurityFeatures: Gated with Guard, Entry Phone/Intercom, Secured Elevator, Secured Lobby
  • Reso Association Amenities: Basketball Court, Boat Dock, Clubhouse, Elevator(s), Fitness Center, Maintenance Grounds, Management - Full Time, Management - Off Site, Management- On Site, Sauna, Spa/Hot Tub, Tennis Court(s)
  • Reso Association Fee Includes: Cable TV, Insurance, Security, Sewer, Trash, Water
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Island Pointe Condo Ph 1C
  • Carport Y N: No
  • Entry Level: 2
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling:Electric: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Sewer:Public Sewer: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Kitchen Island, Pantry, Primary Bathroom - Tub with Shower, Primary Bathroom -Tub with Separate Shower, Split Bedrooms, Walk-In Closet(s)
  • Flooring: Tile, Wood
  • Spa Features: In Ground
  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 5
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: 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

Exterior Features

  • Exterior Features: Balcony, Storm Shutters
  • Pool Features: Community, In Ground
  • Roof: Membrane
  • Acres: 0.03
  • Waterfront Features: River Front, Waterfront Community
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: Southeast
  • Patio And Porch Features: Wrap Around
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Exterior Features:Storm Shutters: Yes
  • Exterior Features:Balcony: Yes
  • ConstructionSiding:Roof Membrane: Yes
  • Patio And Porch Features:Wrap Around: Yes
  • View:River: Yes
  • Waterfront Features:River Front: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached, Covered, Garage, Underground
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Covered: Yes
  • Parking Features:Underground2: Yes

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Cable Available, Electricity Connected, 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: 573.0
  • Association Fee Frequency: Monthly
  • Association Name: Fairway Mgmt https//www.islandpointecondo.org/
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: Fairway Mgmt https//www.islandpointecondo.org/
  • General Property Information:Association Fee: 573.0
  • 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:Basketball Court: Yes
  • Association Amenities:Boat Dock: Yes
  • Association Amenities:Tennis Court(s)2: Yes
  • Association Amenities:Elevator(s): Yes
  • Association Fee Includes:Sewer: Yes
  • Association Fee Includes:Trash: Yes

Schools

  • Middle Or Junior School: Jefferson

Lot Info

  • Lot Size Sq Ft: 1307.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2459152
  • Parcel #: 24-36-35-34-00000.0-0001.35
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 3097.88

MLS Schools

  • Elementary School: Mila
  • High School: Merritt Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2019
Closed on
Jun 26, 2019
Sold by
Strisko Randy P and Strisko Debra L
Bought by
Brodie John B
Seller's Agent
Jennifer McCoy
RE/MAX Elite
Buyer's Agent
Jason Engle
EXP Realty, LLC
List Price
$599,900
Sold Price
$585,000
Premium/Discount to List
-$14,900
-2.48%
Total Days on Market
43
Current Estimated Value
$587,131

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,131

Purchase Details

Closed on
Jun 2, 2016
Sold by
Gary L Gates
Bought by
Miles Brenda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
3.66%

Purchase Details

Closed on
Sep 14, 2015
Sold by
Strisko Randy P and Strisko Debra L
Bought by
Strisko Family Trust

Purchase Details

Closed on
Jul 28, 2005
Sold by
Towne Development Of Island Pointe Inc
Bought by
Strisko Randy P and Strisko Debra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$504,720
Interest Rate
1%
Mortgage Type
Fannie Mae Freddie Mac

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
Brodie John B $585,000 Mosley & Wallis Ttl Svcs Inc
Miles Brenda -- --
Strisko Family Trust -- Attorney
Strisko Randy P $630,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Strisko Randy P $250,000
Previous Owner Miles Brenda $360,000
Previous Owner Miles Brenda --
Previous Owner Strisko Randy P $150,000
Previous Owner Strisko Randy P $203,000
Previous Owner Strisko Randy P $504,720
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2019 06/26/19 Sold $585,000 -2.5% $237 / Sq Ft
06/09/2019 06/09/19 Pending -- -- --
04/27/2019 04/27/19 For Sale $599,900 -- $243 / 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 $4,864 $382,730 $0 $0
2022 $4,549 $371,590 $0 $0
2021 $4,788 $360,770 $0 $360,770
2020 $5,356 $362,700 $0 $362,700
2019 $3,090 $229,260 $0 $0
2018 $3,098 $224,990 $0 $0
2017 $3,129 $220,370 $0 $0
2016 $3,185 $215,840 $0 $0
2015 $3,285 $214,340 $0 $0
2014 $3,308 $212,640 $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: 843568

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 24-36-35-34-00000.0-0001.35