NOT LISTED FOR SALE

Island Pointe 500 Sail Ln Unit 302 Merritt Island, FL 32953

Estimated Value: $452,000 - $560,000

3 Beds
2 Baths
2,048 Sq Ft
$676/mo HOA Fee

Last Sold June 28, 2022

Last sale price $474,900 $232 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,841/month

21 Days on Market

Highlights

  • Fitness Center
  • Clubhouse
  • Tennis Courts
  • River Front
  • Community Pool
  • Cul-De-Sac

About This Home

As of June 2022

This Island Pointe unit is direct waterfront on the Indian River in the point 'sunset building'! Unit is like new. Walk-in closets in all bedrooms (master has 2). Master offers river view with sliding door balcony access, shower and jetted tub. Laundry room with utility sink, breakfast nook, bar, 1 car garage too. Island point offers gated entrance, onsite security & lush tropical landscaping; 2 pools, tennis & basketball courts,clubhouse,fitness room, river access for kayaking/paddle boarding, & more. Central to shopping, Cocoa Village, beaches, space center. Nice Condo!!! Wont last long.

Last Agent to Sell the Property

Cassandra Hartford

Kirschner Real Estate G Listed on: 04/29/2022

Last Buyer's Agent

Michelle Zwack

28 Real Estate LLC License #3303664

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,999

Year Built

  • Built in 2005

Lot Details

  • River Front
  • Cul-De-Sac
  • Street terminates at a dead end
  • West Facing Home

HOA Fees

  • $676 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Tile Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,048 Sq Ft Home
  • Ceiling Fan
  • Tile Flooring
  • Water Views

Kitchen

  • Eat-In Kitchen
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Schools

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

Utilities

  • Central Heating and Cooling System
  • Hot Water Heating System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 24-36-35-34-00000.0-0001.44

Community Details

Overview

  • Association fees include cable TV
  • Island Pointe Condo Ph 1C Association
  • Island Pointe Condo Ph 1C Subdivision
  • Maintained Community
  • 8-Story Property

Amenities

  • Clubhouse

Recreation

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

Pet Policy

  • Pet Size Limit

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,999

Year Built

Built in 2005

Lot Details

0

HOA Fees

$676 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2005
  • Reso Property Sub Type: Condominium
  • ResoLotFeatures: Cul-De-Sac, Dead End Street
  • Reso View: Water
  • Water Body Name: Indian River
  • Reso Association Amenities: Clubhouse, Fitness Center, Maintenance Grounds, Spa/Hot Tub, Tennis Court(s), Other
  • Reso Association Fee Includes: Cable TV
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Island Pointe Condo Ph 1C
  • Carport Y N: No
  • Entry Level: 3
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 24-36-35-34-00000.0-0001.44
  • 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: 3998.81
  • Location Tax and Legal Tax Year2: 2021
  • General Property Information Living Area2: 2048.0
  • General Property Information Lot Size Acres: 0.03
  • General Property Information Lot Size Square Feet2: 1307.0
  • 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: West
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • General Property Information Community Fee(s) YN: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Lot Features Dead End Street: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Pets Allowed Size Limit: Yes
  • Roof:Tile2: Yes
  • General Property Information Carport YN2: No
  • View Water3: Yes
  • General Property Information Stories Total: 8
  • Levels Three Or More: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 8

Interior Features

  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen, Elevator, Split Bedrooms, Walk-In Closet(s)
  • Flooring: Tile
  • Appliances: Dishwasher, Disposal, Electric Water Heater, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 8
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Pool Features:Community: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Elevator: Yes

Exterior Features

  • Pool Features: Community
  • Roof: Tile
  • Acres: 0.03
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: West
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Lot Features:Cul-De-Sac: Yes
  • Waterfront Features:River Front: Yes

Garage/Parking

  • Garage Spaces: 1.0
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0

Utilities

  • Cooling: Central Air
  • Heating: Central, Hot Water
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Hot Water: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 676.0
  • Association Fee Frequency: Monthly
  • Association Name: ISLAND POINTE CONDO PH 1C
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: ISLAND POINTE CONDO PH 1C
  • General Property Information:Association Fee: 676.0
  • General Property Information:Association Fee Frequency: Monthly
  • Association Amenities:SpaHot Tub: Yes
  • Association Fee Includes:Cable TV: Yes
  • Association Amenities:Clubhouse: Yes
  • Association Amenities:Fitness Center: Yes
  • Association Amenities:Tennis Court(s)2: Yes

Schools

  • Middle Or Junior School: Jefferson

Lot Info

  • Lot Size Sq Ft: 1307.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2459161
  • Parcel #: 24-36-35-34-00000.0-0001.44
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3998.81

MLS Schools

  • Elementary School: Mila
  • High School: Merritt Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2022
Closed on
Jun 27, 2022
Sold by
Klockars Karl N and Lynn Sara
Bought by
Karl N Klockars Trust
Seller's Agent
Cassandra Hartford
Kirschner Real Estate G
Buyer's Agent
Michelle Zwack
28 Real Estate LLC
List Price
$485,000
Sold Price
$474,900
Premium/Discount to List
-$10,100
-2.08%
Current Estimated Value
$496,472

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,572
Avg. Annual Appreciation
1.83%
Original Mortgage
$170,000
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 29, 2022
Closed on
May 26, 2022
Sold by
Coughlan Charles W and Coughlan Kimberly S
Bought by
Klockars Karl N and Klockars Sara Lynn
Seller's Agent
Cassandra Hartford
Kirschner Real Estate G
Buyer's Agent
Michelle Zwack
28 Real Estate LLC
List Price
$485,000
Sold Price
$474,900
Premium/Discount to List
-$10,100
-2.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 4, 2020
Sold by
Mcgrath Timothy
Bought by
Coughlan Charles W and Kimberlin Kimberly S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,640
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 23, 2011
Closed on
Apr 17, 2012
Sold by
Wright Jimmie Dale and Wright Delores Jeanenne
Bought by
Mcgrath Timothy
Seller's Agent
Jan Petersen
Luxury Real Estate Florida LLC
Buyer's Agent
Gwendolyn Woods
Better Homes & Gardens RE Star
List Price
$299,900
Sold Price
$245,000
Premium/Discount to List
-$54,900
-18.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.52%

Purchase Details

Closed on
Apr 15, 2011
Sold by
Lichtenberger Laurel A
Bought by
Wright Jimmie Dale and Wright Delores Jeanne

Purchase Details

Closed on
Feb 28, 2006
Sold by
Towne Development Of Island Pointe Inc
Bought by
Lichtenberger Laurel A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,720
Interest Rate
6%
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
Karl N Klockars Trust $100 None Listed On Document
Klockars Karl N $474,900 Irene Fonzi Pa
Coughlan Charles W $339,600 Title Security & Escrow Of C
Mcgrath Timothy $245,000 Mosley & Wallis Title Servic
Wright Jimmie Dale $175,000 International Title & Escrow
Lichtenberger Laurel A $515,900 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Klockars Karl N $170,000
Previous Owner Coughlan Charles W $305,640
Previous Owner Mcgrath Timothy $236,000
Previous Owner Lichtenberger Laurel A $412,720
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2024 11/18/24 Off Market $2,100 -- --
06/28/2022 06/28/22 Sold $474,900 0.0% $232 / Sq Ft
05/13/2022 05/13/22 Pending -- -- --
05/10/2022 05/10/22 Price Changed $474,900 -1.1% $232 / Sq Ft
05/07/2022 05/07/22 Price Changed $480,000 -1.0% $234 / Sq Ft
04/29/2022 04/29/22 For Sale $485,000 +2.1% $237 / Sq Ft
04/25/2022 04/25/22 Off Market $474,900 -- --
04/22/2022 04/22/22 For Sale $485,000 +43.1% $237 / Sq Ft
12/14/2020 12/14/20 Sold $339,000 0.0% $166 / Sq Ft
12/01/2020 12/01/20 Pending -- -- --
12/01/2020 12/01/20 For Sale $339,000 0.0% $166 / Sq Ft
07/20/2018 07/20/18 Rented $2,100 -16.0% --
07/16/2018 07/16/18 Under Contract -- -- --
06/10/2018 06/10/18 For Rent $2,500 +38.9% --
08/16/2015 08/16/15 Rented $1,800 +5.9% --
07/24/2015 07/24/15 Under Contract -- -- --
07/07/2015 07/07/15 For Rent $1,700 0.0% --
04/17/2012 04/17/12 Sold $245,000 -18.3% $120 / Sq Ft
04/17/2012 04/17/12 Pending -- -- --
06/23/2011 06/23/11 For Sale $299,900 -- $146 / 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
2024 $5,584 $420,500 -- --
2023 $5,584 $410,150 $0 $410,150
2022 $3,806 $314,130 $0 $0
2021 $3,999 $304,990 $0 $304,990
2020 $4,734 $319,820 $0 $319,820
2019 $4,603 $303,410 $0 $303,410
2018 $4,584 $293,990 $0 $293,990
2017 $4,646 $286,680 $0 $286,680
2016 $4,485 $263,370 $0 $0
2015 $2,915 $194,390 $0 $0
2014 $2,936 $192,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2022

    Cassandra Hartford

    Kirschner Real Estate G

  • Michelle Zwack

    Buyer's Agent in 2022

    Michelle Zwack

    28 Real Estate LLC

    (321) 313-1986

    9 in this area

    22 Total Sales

    Michelle Zwack
    Section Image

  • J

    Seller's Agent in 2018

    Joseph McGrath

    Vincent Keenan, REALTORS

    Section Image

  • C

    Buyer's Agent in 2018

    Christie Tipton-Poirier

    LaRocque & Co., Realtors

    (321) 794-3369

    10 in this area

    41 Total Sales

    Christie Tipton-Poirier
    Section Image

  • D

    Buyer's Agent in 2015

    Doug Sagorski

    Vincent Keenan, REALTORS

  • Jan Petersen

    Seller's Agent in 2012

    Jan Petersen

    Luxury Real Estate Florida LLC

    (321) 684-1494

    3 in this area

    15 Total Sales

    Jan Petersen
    Section Image
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About Island Pointe

Map

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

MLS Number: 932879

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 24-36-35-34-00000.0-0001.44

Florida Brevard County Merritt Island 32953

500 Sail Ln Unit 302, Merritt Island, FL

This home is located at 500 Sail Ln Unit 302, Merritt Island, FL 32953 since 29 April 2022 and is currently estimated at $496,472, approximately $242 per square foot. This property was built in 2005. 500 Sail Ln Unit 302 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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