NOT LISTED FOR SALE

Island Pointe 500 Sail Ln Unit 601 Merritt Island, FL 32953

Estimated Value: $540,526 - $721,000

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

Highlights

  • Gated with Attendant
  • River Front
  • Vaulted Ceiling
  • In Ground Pool
  • Open Floorplan
  • Balcony

About This Home

As of June 2012

Top floor corner penthouse with wrap a round balcony...shutters. Private garage great gated waterfront condo community with basketball courts, tennis, exercise room located in the heart of merrit island close to restaurants and shopping.

Last Agent to Rent the Property

Gregory Loggins

Loggins Realty Inc Listed on: 06/18/2012

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,137

Year Built

  • Built in 2005

Lot Details

  • River Front
  • West Facing Home

Parking

  • 1 Car Garage

Interior Spaces

  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Laundry Room
  • Property Views

Kitchen

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

Bedrooms and Bathrooms

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

Home Security

Outdoor Features

  • In Ground Pool
  • Balcony
  • Patio

Schools

  • Mila Elementary School
  • Merritt Island High School

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Property Available on 6/30/12
  • Court or third-party approval is required for the sale
  • The owner pays for grounds care, taxes
  • Rent includes cable TV
  • Assessor Parcel Number 24363534000000000155

Community Details

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Gated with Attendant
  • Phone Entry
  • Secure Elevator
  • Hurricane or Storm Shutters

Additional Features

  • Island Pointe Condo Ph 1C Subdivision
  • Secure Lobby

Condo Details

Home Type

Condominium

Est. Annual Taxes

$5,137

Year Built

Built in 2005

Lot Details

0

Parking

1

Rental Info

  • Furnished: Unfurnished
  • Rent Includes: Cable TV, Other
  • Owner Pays: Grounds Care, Taxes
  • Available Date: 2012-06-30

Listing Details

  • Property Type: Residential Lease
  • Year Built: 2005
  • Reso Property Sub Type: Condominium
  • Reso View: Other
  • Water Body Name: Indian River
  • ResoSecurityFeatures: Gated with Guard, Entry Phone/Intercom, 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: 24363534000000000155
  • Location Tax and Legal Elementary School: Mila
  • Location Tax and Legal High School: Merritt Island
  • 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: West
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Pool Features In Ground: Yes
  • Utilities Cable Available: Yes
  • General Property Information Carport YN2: No
  • Room Types Laundry: Yes
  • Security Features Secured Elevator: Yes
  • Security Features Secured Lobby: Yes
  • Security Features Entry PhoneIntercom: Yes
  • Security Features Gated with Guard: Yes
  • Pets Allowed No: Yes
  • Utilities Electricity Available: Yes
  • Special Listing Conditions Third Party Approval: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen, His and Hers Closets, Kitchen Island, Open Floorplan, Primary Bathroom - Tub with Shower, Vaulted Ceiling(s), Walk-In Closet(s)
  • Spa Features: Bath
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • 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:Vaulted Ceiling(s): 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: Community, In Ground
  • Acres: 0.03
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Direction Faces: West
  • 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
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 1306.8
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2459172
  • Parcel #: 24363534000000000155
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Mila
  • High School: Merritt Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 10, 2014
Sold by
Norwood Donna L Clay
Bought by
Watson Jeri K
Current Estimated Value
$636,132

Purchase Details

Closed on
Oct 15, 2009
Sold by
Watson Duane A and Watson Jeri K
Bought by
Watson Jeri K and Clay Donna Leigh

Purchase Details

Closed on
Aug 24, 2005
Sold by
Watson Duane A and Watson Jeri A
Bought by
Watson Duane A and Watson Jeri K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,700
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 27, 2005
Sold by
Towne Development Of Island Pointe Inc
Bought by
Watson Duane A and Watson Jeri K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,700
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
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
Watson Jeri K -- None Available
Watson Jeri K $142,500 Attorney
Watson Duane A -- --
Watson Duane A $750,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Watson Duane A $600,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2012 06/25/12 Rented $1,800 -10.0% --
06/21/2012 06/21/12 Under Contract -- -- --
06/18/2012 06/18/12 For Rent $2,000 -- --
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 $5,137 $417,150 -- --
2023 $5,137 $405,000 $0 $0
2022 $4,804 $393,210 $0 $0
2021 $5,061 $381,760 $0 $381,760
2020 $5,680 $391,000 $0 $391,000
2019 $5,278 $348,790 $0 $348,790
2018 $6,423 $420,150 $0 $420,150
2017 $6,471 $410,390 $0 $410,390
2016 $6,211 $377,020 $0 $0
2015 $5,860 $333,650 $0 $0
2014 $5,074 $273,460 $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: 643232

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 24-36-35-34-00000.0-0001.55