NOT LISTED FOR SALE

509 Lanternback Island Dr Satellite Beach, FL 32937

Estimated Value: $1,394,000 - $1,718,000

4 Beds
4 Baths
3,578 Sq Ft
$433/Sq Ft Est. Value

Last Sold April 02, 2014

Last sale price $550,000 $154 Per Sq Ft

Est. 182% increase in value since last sale

Current estimated payment $9,533/month

226 Days on Market

Highlights

  • Boat Dock
  • Home fronts a seawall
  • Fitness Center
  • Satellite Senior High School Rated A-
  • Boat Lift
  • Gated with Attendant

About This Home

As of April 2014

Breathtaking French Mediterranean canalfront in exclusive Tortoise Island! Window bands, keystones & brick accents. Dramatic 20 ft entry foyer with illuminated niches and arches, custom curved oak staircase and Italian marble floor. Awesome 20 ft high familyrm with 2 story arched windows and elegant pecan flooring features wet bar and entertainment center. Formal living and dining areas with columns, tray ceilings and dentil crown molding. Please see brochure... '||chr(10)||'Addendum - Elegant fireplace and library niches! Walk in Wine closet! Extensive hardwood molding in familyrm, fleur-de-lis keystones, relief panels, fluted casing! Fantastic kitchen with granite counters, hardwood cabinets, all almost new appliances, marble & granite floor! 2nd floor bridge has columns, arches, & illuminated niches! Master bedrm features unique cantilever bed area, lighted niche, super canal view and marble floor in bath. Sun Deck. Dock/Lift. Ideally located on quiet cul de sac with 3+ car garage. Enjoy club house pool,6 Tennis Courts, Playground, Exercise Room & Saunas, Game & Party Rooms. Welcoming Parties for new neighborhoods & lots of fun actitivites for adults & kids alike. It s like belonging to a Social Club, Health Club, Tennis Club & YachtClub for just $202. per month, plus there s two24 hour security guards.

Last Agent to Sell the Property

DeWayne Carpenter

Dale Sorensen Real Estate Inc. Listed on: 07/08/2013

Co-Listed By

Kirk Kessel

Century 21 Spectrum License #398350

Last Buyer's Agent

Sue Sorensen

Wealth Management Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,199

Year Built

  • Built in 1989

Lot Details

  • 0.31 Acre Lot
  • Home fronts a seawall
  • Home fronts navigable water
  • Home fronts a canal
  • Cul-De-Sac
  • West Facing Home
  • Corner Lot
  • Front and Back Yard Sprinklers

HOA Fees

  • $202 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Frame Construction
  • Tile Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 3,578 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Living Room
  • Dining Room
  • Screened Porch
  • Water Views
  • Security System Owned

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • In Ground Pool
  • Boat Lift
  • Balcony
  • Courtyard
  • Patio
  • Outdoor Kitchen

Schools

  • Sea Park Elementary School
  • Delaura Middle School
  • Satellite High School

Utilities

  • Central Heating and Cooling System
  • Well
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 263727nf000010000100

Community Details

Overview

  • Association fees include security
  • Tortoise Island Ph 3 Unit 2 Pud Subdivision
  • Maintained Community

Amenities

  • Sauna
  • Clubhouse

Recreation

  • Boat Dock
  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Park

Security

  • Gated with Attendant
  • Resident Manager or Management On Site
  • Card or Code Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,199

Year Built

Built in 1989

Lot Details

0

HOA Fees

$202 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 1989
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • ResoLotFeatures: Corner Lot, Cul-De-Sac, Sprinklers In Front, Sprinklers In Rear
  • Reso View: Water
  • ResoSecurityFeatures: Gated with Guard, Key Card Entry, Security System Leased, Security System Owned
  • Reso Association Amenities: Boat Dock, Clubhouse, Fitness Center, Maintenance Grounds, Management - Full Time, Management- On Site, Park, Playground, Sauna, Tennis Court(s)
  • Reso Association Fee Includes: Security
  • Co List Office Mls Id: 05770
  • Co List Office Phone: 321-779-0210
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Tortoise Island Ph 3 Unit 2 PUD
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling:Electric: Yes
  • Sewer:Public Sewer: Yes
  • Roof:Tile2: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-in Features, Ceiling Fan(s), Central Vacuum, Kitchen Island, Primary Bathroom - Tub with Shower, Primary Bathroom -Tub with Separate Shower, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s), Other
  • Flooring: Carpet, Marble, Tile, Wood
  • Appliances: Dishwasher, Disposal, Electric Range, Ice Maker, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning, Other
  • Total Bedrooms: 9
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Built-in Features: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Fireplace Features:Wood Burning: Yes
  • Interior Features:Central Vacuum: Yes

Exterior Features

  • Exterior Features: Balcony, Courtyard, Outdoor Kitchen, Boat Lift
  • Pool Features: In Ground, Private
  • Roof: Tile
  • Acres: 0.31
  • Waterfront Features: Canal Front, Navigable Water, Seawall
  • Waterfront: Yes
  • Construction Type: Frame, Stucco, Wood Siding
  • Direction Faces: West
  • Patio And Porch Features: Patio, Porch, Screened
  • Construction Materials:Stucco: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Lot Features:Cul-De-Sac: Yes
  • Construction Materials:Frame: Yes
  • Construction Materials:Wood Siding: Yes
  • Exterior Features:Balcony: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Lot Features:Sprinklers In Rear: Yes
  • Exterior Features:Courtyard: Yes
  • Waterfront Features:Seawall: Yes
  • Lot Features:Corner Lot: Yes
  • Waterfront Features:Canal Front: Yes
  • Waterfront Features:Navigable Water: 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, Electric
  • Utilities: Cable Available, Electricity Connected, Water Available
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 202.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 202.0
  • General Property Information:Association Fee Frequency: Monthly
  • Association Amenities:Sauna2: Yes
  • Association Fee Includes:Security: Yes
  • Association Amenities:Clubhouse: Yes
  • Association Amenities:Fitness Center: Yes
  • Association Amenities:Boat Dock: Yes
  • Association Amenities:Tennis Court(s)2: Yes
  • Association Amenities:Park: Yes
  • Association Amenities:Playground: Yes

Schools

  • Middle Or Junior School: DeLaura

Lot Info

  • Lot Size Sq Ft: 13503.6
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2608996
  • Parcel #: 263727nf000010000100
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 7198.84

MLS Schools

  • Elementary School: Sea Park
  • High School: Satellite

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2013
Closed on
Apr 2, 2014
Sold by
Gasner John and Gasner Kay
Bought by
Vecchio John D and Vecchio Catherine
Seller's Agent
DeWayne Carpenter
Dale Sorensen Real Estate Inc.
Buyer's Agent
Sue Sorensen
Wealth Management Realty
List Price
$649,900
Sold Price
$550,000
Premium/Discount to List
-$99,900
-15.37%
Total Days on Market
226
Current Estimated Value
$1,550,032

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,000,032
Avg. Annual Appreciation
9.65%

Purchase Details

Closed on
Jan 7, 2010
Sold by
Gasner John and Gasner Kay
Bought by
Gasner John and Gasner Kay
Source: Public Records

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Range of Values:

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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
Vecchio John D $550,000 None Available
Gasner John -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gasner John T $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2014 04/02/14 Sold $550,000 -15.4% $154 / Sq Ft
02/19/2014 02/19/14 Pending -- -- --
07/08/2013 07/08/13 For Sale $649,900 -- $182 / 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
2023 $13,251 $1,068,540 $0 $0
2022 $12,385 $1,037,420 $0 $0
2021 $9,642 $696,600 $380,000 $316,600
2020 $9,521 $676,910 $325,000 $351,910
2019 $10,050 $698,810 $325,000 $373,810
2018 $10,134 $685,760 $300,000 $385,760
2017 $9,883 $647,890 $275,000 $372,890
2016 $9,361 $576,600 $240,000 $336,600
2015 $9,270 $545,470 $240,000 $305,470
2014 $7,483 $464,450 $240,000 $224,450
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 672447

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 26-37-27-NF-00001.0-0001.00