Island Pointe 500 Sail Ln Unit 302 Merritt Island, FL 32953
Estimated Value: $461,014 - $536,000
3
Beds
2
Baths
2,048
Sq Ft
$676/mo
HOA Fee
Highlights
- Fitness Center
- Clubhouse
- Tennis Courts
- River Front
- Community Pool
- Cul-De-Sac
About This Home
As of June 2022This 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 Listed By
Cassandra Hartford
Kirschner Real Estate G Listed on: 04/29/2022
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
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%
Total Days on Market
21
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,354
Avg. Annual Appreciation
2.10%
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
5.66%
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
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in Merritt Island, FL
Home Values in the Area
Average Home Value in this Area
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
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 | $5,584 | $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
23 Total Sales
-
Seller's Agent in 2018
Joseph McGrath
Vincent Keenan, REALTORS
-
Christie Tipton-Poirier
C
Buyer's Agent in 2018
Christie Tipton-Poirier
LaRocque & Co., Realtors
(321) 794-3369
10 in this area
44 Total Sales
-
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
4 in this area
17 Total Sales
About Island Pointe
Map
Source: Space Coast MLS (Space Coast Association of REALTORS®)
MLS Number: 932879
APN: 24-36-35-34-00000.0-0001.44
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