NOT LISTED FOR SALE

5166 Royal Paddock Way Merritt Island, FL 32953

Estimated Value: $881,000 - $1,134,000

4 Beds
3.5 Baths
4,201 Sq Ft
$242/Sq Ft Est. Value

Last Sold July 01, 2019

Last sale price $625,000 $149 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $6,069/month

42 Days on Market

Highlights

  • Lake Front
  • Solar Heated In Ground Pool
  • 1 Acre Lot
  • Lewis Carroll Elementary School Rated A-
  • Home fronts a pond
  • Vaulted Ceiling

About This Home

As of July 2019

72 HOUR KICK-OUT CLAUSE IN EFFECT> Prepare to fall in love with this Gated Chase Hammock Lake Estate!! Custom built in 2004, Double etched glass front doors open up to a grand formal living room with a view straight back to the Resort quality pool! Lovely tile floors in the living rm, kitchen, nook, halls baths. Beautiful hardwood floors in the formal dining rm the office (just off the entry - w/dbl glass doors) and neutral carpets everywhere else! Gourmet island kitchen w/cherry wood cabinets, granite counters, stainless steel appliances, pantry, built-in desk, dry bar w/overhead wine rack, breakfast bar nook w/glass sliders out to the patio! The kitchen is all open to the huge family rm w/ corner coquina fireplace a fabulous view of the lake too! The heart of this North Merritt Island masterpiece is the custom pool, magnificent space for entertaining, complete with decorative waterfall, zero edge entry and built-in hot tub with its own waterfall. There's even a float up table. The best part is the whole area is screened in for 12 month flexibility. Above the giant 4 car garage is a large loft area with a 4th bedroom, its own kitchen and a full bathroom. Don't miss out on this one!

Last Agent to Sell the Property

Nick Cazessus

Blue Marlin Real Estate Listed on: 03/22/2019

Co-Listed By

Giuseppe Conoscenti

Prestige Florida Realty License #3233309

Last Buyer's Agent

Kassandra Pecot

License #3077677

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,827

Year Built

  • Built in 2004

Lot Details

  • 1 Acre Lot
  • Home fronts a pond
  • Lake Front
  • East Facing Home
  • Front and Back Yard Sprinklers

HOA Fees

  • $88 Monthly HOA Fees

Parking

  • 4 Car Attached Garage

Property Views

  • Lake
  • Pond

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 4,201 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Washer and Gas Dryer Hookup

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Pool

  • Solar Heated In Ground Pool
  • In Ground Spa
  • Waterfall Pool Feature
  • Screen Enclosure

Outdoor Features

  • Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • Heather Wells Association, Phone Number (321) 735-8331
  • Chase Hammock Lakes Subdivision

Listing and Financial Details

  • Assessor Parcel Number 23-36-25-25-0000a.0-0007.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,827

Year Built

Built in 2004

Lot Details

0

HOA Fees

$88 per month

Parking

4

Listing Details

  • Property Type: Residential
  • Year Built: 2004
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • ResoLotFeatures: Sprinklers In Front, Sprinklers In Rear
  • Reso View: Lake, Pond, Water
  • Reso Association Amenities: Management - Full Time
  • Co List Office Mls Id: prfl0
  • Co List Office Phone: 321-783-5252
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Chase Hammock Lakes
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 23-36-25-25-0000a.0-0007.00
  • 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: 7826.51
  • Location Tax and Legal Tax Year2: 2018
  • General Property Information Living Area2: 4201.0
  • General Property Information Building Area Total3: 5281.0
  • General Property Information Lot Size Acres: 1.0
  • General Property Information Lot Size Square Feet2: 43560.0
  • 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: East
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Flooring Tile: Yes
  • General Property Information Community Fee(s) YN: Yes
  • Flooring Wood: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Pool Features In Ground: Yes
  • Pool Features Private: Yes
  • Roof:Shingle: Yes
  • ViewPond: Yes
  • Flooring Carpet: Yes
  • Levels Two: Yes
  • Water Source Well: Yes
  • Spa Features In Ground2: Yes
  • General Property Information Carport YN2: No
  • View Water3: Yes
  • Interior Features Breakfast Nook: Yes
  • Pool Features Screen Enclosure: Yes
  • Pool Features Solar Heat: Yes
  • General Property Information Association Phone: 321-735-8331
  • Pool Features Waterfall: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Bar, Breakfast Nook, Ceiling Fan(s), Pantry, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar
  • Flooring: Carpet, Tile, Wood
  • Spa Features: In Ground
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning, Other
  • ResoLivingAreaSource: PublicRecords
  • General Property Information Bathrooms Half: 1
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Breakfast Bar: 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
  • Fireplace Features:Wood Burning: Yes
  • Interior Features:Wet Bar: Yes

Exterior Features

  • Pool Features: In Ground, Private, Screen Enclosure, Solar Heat, Waterfall
  • Roof: Shingle
  • Acres: 1.0
  • Waterfront Features: Lake Front, Pond
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: East
  • Patio And Porch Features: Porch
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio and Porch Features:Porch: Yes
  • View:Lake: Yes
  • Waterfront Features:Lake Front: Yes
  • Waterfront Features:Pond2: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Lot Features:Sprinklers In Rear: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Parking Features: Attached
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 4.0
  • Parking Features:Attached: Yes

Utilities

  • Cooling: Central Air, Electric
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Central: Yes
  • Heating:Electric3: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 1050.0
  • Association Fee Frequency: Annually
  • Association Name: Heather Wells
  • Phone: 321-735-8331
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: Heather Wells
  • General Property Information:Association Fee: 1050.0
  • General Property Information:Association Fee Frequency: Annually

Schools

  • Middle Or Junior School: Jefferson

Lot Info

  • Lot Size Sq Ft: 43560.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2323160
  • Parcel #: 23-36-25-25-0000a.0-0007.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 7826.51

MLS Schools

  • Elementary School: Carroll
  • High School: Merritt Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2019
Closed on
Jul 1, 2019
Sold by
Rao Lakshmi
Bought by
Schroyer Bradley T and Schroyer Green Christine
Seller's Agent
Nick Cazessus
Blue Marlin Real Estate
Buyer's Agent
Kassandra Pecot
List Price
$649,000
Sold Price
$625,000
Premium/Discount to List
-$24,000
-3.7%
Current Estimated Value
$1,015,573

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$390,573
Avg. Annual Appreciation
8.09%
Original Mortgage
$484,350
Outstanding Balance
$425,891
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$589,682

Purchase Details

Closed on
Jun 30, 2016
Sold by
Rao Surya P and Rao Mary V
Bought by
Rao Lakshmi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
3.58%

Purchase Details

Closed on
Jun 30, 2006
Sold by
Brevard Homes Inc
Bought by
Rao Surya P and Rao Mary V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$606,400
Interest Rate
6.62%

Purchase Details

Closed on
Nov 15, 2005
Sold by
Racca Raymond G and Racca Raymond G
Bought by
Brevard Homes Inc

Purchase Details

Closed on
Oct 10, 2003
Sold by
Chase Hammock Lakes Llc
Bought by
Racca Raymond G and Racca Raymond G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
6.62%
Source: Public Records

Range of Values:

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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
Schroyer Bradley T $625,000 Dockside Title Llc
Rao Lakshmi $400,000 International Title And Escr
Rao Surya P $758,000 Southern Title Hldg Co Llc
Brevard Homes Inc $575,000 Southern Title Hldg Co Llc
Racca Raymond G $109,900 International Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schroyer Bradley T $484,350
Previous Owner Rao Lakshmi $210,000
Previous Owner Rao Surya P $606,400
Previous Owner Racca Raymond G $292,000
Closed Racca Raymond G $36,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2019 07/01/19 Sold $625,000 -3.7% $149 / Sq Ft
03/22/2019 03/22/19 For Sale $649,000 -- $154 / 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 $7,418 $609,510 -- --
2024 $7,378 $592,340 -- --
2023 $7,378 $575,090 $0 $0
2022 $6,909 $558,340 $0 $0
2021 $7,300 $542,080 $0 $0
2020 $7,272 $534,600 $115,000 $419,600
2019 $7,764 $558,950 $115,000 $443,950
2018 $7,827 $549,280 $0 $0
2017 $7,961 $537,990 $100,000 $437,990
2016 $5,812 $377,180 $95,000 $282,180
2015 $6,005 $374,560 $55,000 $319,560
2014 $6,057 $371,590 $55,000 $316,590
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2019

    Nick Cazessus

    Blue Marlin Real Estate

  • Giuseppe Conoscenti

    Seller Co-Listing Agent in 2019

    Giuseppe Conoscenti

    Prestige Florida Realty

    (321) 693-7751

    40 Total Sales

    Giuseppe Conoscenti
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Map

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

MLS Number: 840320

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 23-36-25-25-0000A.0-0007.00

Florida Brevard County Merritt Island 32953

5166 Royal Paddock Way, Merritt Island, FL

This home is located at 5166 Royal Paddock Way, Merritt Island, FL 32953 since 22 March 2019 and is currently estimated at $1,015,573, approximately $241 per square foot. This property was built in 2004. 5166 Royal Paddock Way is a home located in Brevard County with nearby schools including Lewis Carroll Elementary School, Thomas Jefferson Middle School, and Merritt Island High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Space Coast MLS (Space Coast Association of REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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