NOT LISTED FOR SALE

505 Apache Trail Merritt Island, FL 32953

Estimated Value: $851,073 - $951,000

4 Beds
3 Baths
3,579 Sq Ft
$251/Sq Ft Est. Value

Last Sold November 03, 2020

Last sale price $645,000 $180 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $4,839/month

34 Days on Market

Highlights

  • Boathouse
  • Lake Front
  • Boat Lift
  • Lewis Carroll Elementary School Rated A-
  • Boat Dock
  • In Ground Pool

About This Home

As of November 2020

Very unique and desirable location:
> Deed restricted community
> Canal-front with boathouse
> Expansive lake view out back
> Great neighbors/neighborhood
- 3,579 sq ft
- 2-story 4+/3+
- Massive 1,100 sq ft garage
- ''Sport'' Pool
- Covered boathouse w/10,000# lift on deeded ''storm-sheltered'' property directly across street
- Deep set-back foundation yields huge, maneuverable driveway and no side/back view of nearby homes from back lanai
- Brick/vinyl siding exterior -no paint/stucco to maintain!
- Double glass front door entry
- Two virtually identical Master Suites/Master Baths (Double sinks, Jacuzzi, toilet, bidet)
- Huge, vaulted kitchen ceiling
- Large laundry room with very high ceiling and shelved walls - tremendous storage under a/c
- Spacious under-stair storage - Full accessible attic throughout'||chr(10)||'- Gas fireplace'||chr(10)||'- Extensive floor tile and virtually indestructible laminate flooring throughout'||chr(10)||'- New roof late 2013'||chr(10)||'- Dual Bryant A/C Heat pumps (2 zones) late 2014'||chr(10)||'- 2 water heaters (1 Kit/Laundry, 1 Bathrooms)'||chr(10)||'- Central house vac'||chr(10)||'- Security/Fire alarm'||chr(10)||'- Huge 2-story screened patio with new paver deck accessible via three sets of French doors (kitchen, family room, bedroom)'||chr(10)||'- 2nd-floor roomy balcony off upstairs master suite'||chr(10)||'- Tons of shade for home and cars from 6 large, healthy oak trees on property'||chr(10)||'- Watch NASA, Air Force, SpaceX, ... launches/landings right outside the front door

Last Agent to Sell the Property

Cliff Glansen

FlatFee.com License #707077 Listed on: 08/13/2020

Last Buyer's Agent

Non-Member Non-Member Out Of Area

Non-MLS or Out of Area License #nonmls

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,439

Year Built

  • Built in 1994

Lot Details

  • 0.43 Acre Lot
  • Home fronts a pond
  • Lake Front
  • Home fronts navigable water
  • Home fronts a canal
  • North Facing Home

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3,579 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace
  • Family Room
  • Screened Porch
  • Canal Views
  • Security System Owned

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Screen Enclosure

Outdoor Features

  • Boat Lift
  • Boathouse
  • Patio

Schools

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

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 23-36-34-51-0000a.0-0029.00

Community Details

Overview

  • Property has a Home Owners Association
  • Indian Bay Estates Ph II Stage 2 Association
  • Indian Bay Estates Ph II Stage 2 Subdivision

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,439

Year Built

Built in 1994

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 1994
  • Reso Property Sub Type: Single Family Residence
  • Reso View: Canal, Water
  • ResoSecurityFeatures: Security System Owned
  • Reso Association Amenities: Boat Dock
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Indian Bay Estates Ph II Stage 2
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Other Structures: Boat House
  • Location Tax and Legal Parcel Number2: 23-36-34-51-0000a.0-0029.00
  • Location Tax and Legal Elementary School: Carroll
  • Location Tax and Legal Middle School2: Jefferson
  • Location Tax and Legal High School: Merritt Island
  • Location Tax and Legal Tax Annual Amount: 4439.06
  • Location Tax and Legal Tax Year2: 2020
  • General Property Information Living Area2: 3579.0
  • General Property Information Building Area Total3: 4727.0
  • General Property Information Lot Size Acres: 0.43
  • General Property Information Lot Size Square Feet2: 18731.0
  • 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: North
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Flooring Laminate: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • General Property Information Community Fee(s) YN: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Pool Features In Ground: Yes
  • Pool Features Private: Yes
  • Roof:Shingle: Yes
  • Levels Two: Yes
  • Water Source Public: Yes
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • View Water3: Yes
  • Pool Features Screen Enclosure: Yes
  • Security Features Security System Owned: Yes
  • Room Types Family Room: Yes
  • Room Types Laundry: Yes
  • Exterior Features Boat Lift: Yes
  • Other Structures Boat House: Yes
  • ViewCanal: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-in Features, Ceiling Fan(s), Pantry, Primary Bathroom - Tub with Shower, Primary Bathroom -Tub with Separate Shower, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
  • Flooring: Laminate, Tile
  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Gas Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Other
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Built-in Features: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Gas Water Heater: Yes

Exterior Features

  • Exterior Features: Boat Lift
  • Pool Features: In Ground, Private, Screen Enclosure
  • Roof: Shingle
  • Acres: 0.43
  • Waterfront Features: Canal Front, Lake Front, Navigable Water, Pond
  • Waterfront: Yes
  • Construction Type: Vinyl Siding
  • Direction Faces: North
  • Patio And Porch Features: Patio, Porch, Screened
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Waterfront Features:Lake Front: Yes
  • Waterfront Features:Pond2: Yes
  • Waterfront Features:Canal Front: Yes
  • Waterfront Features:Navigable Water: Yes
  • Construction Materials:Brick2: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: Attached, Garage Door Opener
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 3.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air
  • Utilities: Water Available
  • Heating: Central
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 270.0
  • Association Name: INDIAN BAY ESTATES PH II STAGE 2
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: INDIAN BAY ESTATES PH II STAGE 2
  • General Property Information:Association Fee: 270.0
  • Association Amenities:Boat Dock: Yes

Schools

  • Middle Or Junior School: Jefferson

Lot Info

  • Lot Size Sq Ft: 18731.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2318565
  • Parcel #: 23-36-34-51-0000a.0-0029.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 4439.06

MLS Schools

  • Elementary School: Carroll
  • High School: Merritt Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2020
Closed on
Nov 3, 2020
Sold by
Frame Norman R
Bought by
Goddard June Elizabeth and Goddard Kenneth Allen
Seller's Agent
Cliff Glansen
FlatFee.com
Buyer's Agent
Non-Member Non-Member Out Of Area
Non-MLS or Out of Area
List Price
$729,900
Sold Price
$645,000
Premium/Discount to List
-$84,900
-11.63%
Current Estimated Value
$900,018

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$255,018
Avg. Annual Appreciation
6.98%
Original Mortgage
$622,860
Outstanding Balance
$555,251
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$344,767

Purchase Details

Closed on
Feb 16, 2010
Sold by
Frame Norman R and Frame Michelina
Bought by
Frame Norman R

Purchase Details

Closed on
Jul 17, 1998
Sold by
Will Manfred C
Bought by
Frame Norman R and Frame Michelina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.94%
Source: Public Records

Range of Values:

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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
Goddard June Elizabeth $645,000 Island T&E Agcy Inc
Goddard June Elizabeth $645,000 Island Title & Escrow
Frame Norman R -- Attorney
Frame Norman R $257,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Goddard June Elizabeth $622,860
Closed Goddard June Elizabeth $622,860
Previous Owner Frame Norman R $220,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/03/2020 11/03/20 Sold $645,000 -7.8% $180 / Sq Ft
09/16/2020 09/16/20 Pending -- -- --
09/11/2020 09/11/20 Price Changed $699,900 -4.1% $196 / Sq Ft
08/13/2020 08/13/20 For Sale $729,900 -- $204 / 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
2025 $799 $457,860 -- --
2024 $5,603 $444,960 -- --
2023 $5,603 $432,000 $0 $0
2022 $5,245 $419,420 $0 $0
2021 $5,519 $407,210 $0 $0
2020 $4,476 $327,370 $0 $0
2019 $4,439 $320,010 $0 $0
2018 $4,458 $314,050 $0 $0
2017 $4,515 $307,600 $0 $0
2016 $4,604 $301,280 $90,000 $211,280
2015 $4,757 $299,190 $90,000 $209,190
2014 $4,795 $296,820 $90,000 $206,820
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 882740

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 23-36-34-51-0000A.0-0029.00