NOT LISTED FOR SALE

Island Pointe 500 Sail Ln Unit 502 Merritt Island, FL 32953

Estimated Value: $453,204 - $609,000

3 Beds
2 Baths
2,048 Sq Ft
1,307 Sq Ft Lot

Highlights

  • Gated with Attendant
  • River Front
  • Balcony
  • Heated In Ground Pool
  • Open Floorplan
  • Subterranean Parking

About This Home

As of June 2017

DIRECT INDIAN RIVER 5TH FLOOR CONDO WITH SPECTACULAR VIEWS OF THE INDIAN RIVER AND COCOA VILLAGE. MANY UPGRADES IN THIS LOVELY UNIT THAT INCLUDE GRANITE COUNTER TOPS, MOVABLE KITCHEN ISLAND, LARGE PANTRY. ALL TILE LIVING ROOM AND EVEN THE PATIO AREA IS TILED, PLANTATION SHUTTER WINDOW TREATMENTS, LAUNDRY ROOM, ELECTRIC STORMS SHUTTERS. A PRIVATE 1 CAR GARAGE UNDER THE BUILDING, 2 POOLS, 2 TENNIS COURTS, CLUB HOUSE WITH FULL EXERCISE ROOM.RENT INCLUDES BASIC CABLE, WATER,EVEN HOT WATER, SECURITY IN A GATED COMMUNITY. THIS BEAUTY HAS AWESOME SUNSETS SO DON'T HESITATE TO SEE THIS ONE.

Last Agent to Rent the Property

Lou Ann Janke

RE/MAX Elite Listed on: 05/12/2017

Last Renter's Agent

Lou Ann Janke

Elite Real Estate License #3042844

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,438

Year Built

  • Built in 2005

Lot Details

  • River Front
  • East Facing Home

Parking

  • Subterranean Parking

Interior Spaces

  • 2,048 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Utility Room
  • Water Views
  • Closed Circuit Camera

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Dual Closets
  • Walk-In Closet
  • In-Law or Guest Suite
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom
  • Spa Bath

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Heated In Ground Pool
  • Balcony
  • Patio

Schools

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

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Property Available on 5/12/17
  • Court or third-party approval is required for the sale
  • The owner pays for pest control, pool maintenance
  • Rent includes cable TV, sewer, water, trash collection
  • Assessor Parcel Number 24-36-35-34-00000.0-0001.52

Community Details

Recreation

  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed

Security

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

Additional Features

  • Island Pointe Condo Ph 1C Subdivision
  • Secure Lobby

Condo Details

Home Type

Condominium

Est. Annual Taxes

$5,438

Year Built

Built in 2005

Lot Details

0

Parking

1

Rental Info

  • Furnished: Unfurnished
  • Rent Includes: Cable TV, Sewer, Water, Trash Collection
  • Owner Pays: Pest Control, Pool Maintenance
  • Available Date: 2017-05-12

Listing Details

  • Property Type: Residential Lease
  • Year Built: 2005
  • Reso Property Sub Type: Condominium
  • Reso View: Water, Other
  • Water Body Name: Indian River
  • ResoSecurityFeatures: Closed Circuit Camera(s), Fire Sprinkler System, Gated with Guard, Smoke Detector(s), Secured Elevator, Secured Lobby
  • ResoSpecialListingConditions: Third Party Approval
  • Subdivision Name: Island Pointe Condo Ph 1C
  • Carport Y N: No
  • Garage Yn: Yes
  • Location Tax and Legal Parcel Number2: 24-36-35-34-00000.0-0001.52
  • 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: 2048.0
  • General Property Information Lot Size Acres: 0.03
  • General Property Information Lot Size Square Feet2: 1306.8
  • General Property Information Waterfront YN: Yes
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: East
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Pool Features In Ground: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • Pets Allowed Call: Yes
  • View Water3: Yes
  • Room Types Laundry: Yes
  • Security Features Fire Sprinkler System: Yes
  • Security Features Secured Elevator: Yes
  • Security Features Secured Lobby: Yes
  • Interior Features Guest Suite: Yes
  • Utilities Sewer Available: Yes
  • Security Features Gated with Guard: Yes
  • Security Features Closed Circuit Camera(s): Yes
  • Special Listing Conditions Third Party Approval: Yes
  • Room Types Utility Room: Yes
  • Pool Features Heated: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen, Guest Suite, His and Hers Closets, Kitchen Island, Open Floorplan, Primary Bathroom - Tub with Shower, Walk-In Closet(s)
  • Spa Features: Bath
  • Appliances: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer, Other
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:His and Hers Closets: Yes
  • Spa Features:Bath: Yes

Exterior Features

  • Exterior Features: Balcony, Storm Shutters
  • Pool Features: Heated, In Ground
  • Acres: 0.03
  • Waterfront: Yes
  • Direction Faces: East
  • Patio And Porch Features: Patio
  • Patio And Porch Features:Patio: Yes
  • Exterior Features:Storm Shutters: Yes
  • Exterior Features:Balcony: Yes
  • Waterfront Features:River Front: Yes

Garage/Parking

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

  • Senior Community: No

Association/Amenities

  • Association Amenities:Pool3: Yes

Schools

  • Middle Or Junior School: Jefferson

Lot Info

  • Lot Size Sq Ft: 1306.8
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2459169
  • Parcel #: 24-36-35-34-00000.0-0001.52
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Mila
  • High School: Merritt Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 31, 2011
Sold by
Woodruff Raymond J and Woodruff Cristina A
Bought by
Martoma Bobby D
Current Estimated Value
$534,551

Purchase Details

Closed on
Jun 29, 2006
Sold by
Towne Development Of Island Pointe Inc
Bought by
Woodruff Raymond C and Woodruff Cristina A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,635
Interest Rate
6.6%
Mortgage Type
Stand Alone Second
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
Martoma Bobby D $180,000 Prestige Title Of Brevard Ll
Woodruff Raymond C $530,900 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Woodruff Raymond C $79,635
Previous Owner Woodruff Raymond C $424,720
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2017 06/01/17 Rented $2,100 +2.4% --
05/11/2017 05/11/17 For Rent $2,050 +7.9% --
12/01/2015 12/01/15 Rented $1,900 0.0% --
11/11/2015 11/11/15 Under Contract -- -- --
11/03/2015 11/03/15 Price Changed $1,900 +2.7% $1 / Sq Ft
11/01/2015 11/01/15 For Rent $1,850 0.0% --
10/22/2015 10/22/15 Under Contract -- -- --
10/14/2015 10/14/15 For Rent $1,850 0.0% --
10/01/2015 10/01/15 Under Contract -- -- --
09/17/2015 09/17/15 For Rent $1,850 +15.6% --
05/15/2013 05/15/13 Rented $1,600 0.0% --
05/05/2013 05/05/13 Under Contract -- -- --
04/28/2013 04/28/13 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
2024 $5,438 $427,500 -- --
2023 $5,438 $417,150 $0 $0
2022 $4,792 $377,930 $0 $0
2021 $4,594 $311,990 $0 $311,990
2020 $4,739 $329,260 $0 $329,260
2019 $4,489 $308,630 $0 $308,630
2018 $4,336 $299,050 $0 $299,050
2017 $4,319 $301,760 $0 $301,760
2016 $4,152 $277,220 $0 $0
2015 $3,918 $194,320 $0 $0
2014 $3,573 $176,660 $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: 783276

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 24-36-35-34-00000.0-0001.52