NOT LISTED FOR SALE

5217 Royal Paddock Way Merritt Island, FL 32953

Estimated Value: $879,000 - $996,000

5 Beds
4 Baths
3,666 Sq Ft
$257/Sq Ft Est. Value

Last Sold March 31, 2021

Last sale price $695,000 $190 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $5,817/month

25 Days on Market

Highlights

  • Lake Front
  • Gated with Attendant
  • Home fronts a pond
  • Lewis Carroll Elementary School Rated A-
  • In Ground Pool
  • Views of Preserve

About This Home

As of March 2021

Highly sought after Chase Hammock Lakes on North Merritt Island. This estate is on a full acre and it has 5 bedrooms and 4 full bathrooms. Woodburning fireplaces in the living room, and master bedroom. Beautiful newly renovated master bathroom. Stunning new $25K kitchen with new cabinetry and gorgeous granite counter tops. The exquisite grecian pool area has beautiful views of the wildlife, forrest, horse trails and the lakeside. Fantastic newly installed tile flooring and one new air conditioner.

Last Agent to Sell the Property

Laura Kutryb

EXP Realty, LLC Listed on: 01/28/2021

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

  • $6,320

Year Built

  • Built in 2005

Lot Details

  • 1 Acre Lot
  • Home fronts a pond
  • Lake Front
  • Home fronts a canal
  • Street terminates at a dead end
  • West Facing Home
  • Wrought Iron Fence
  • Front and Back Yard Sprinklers

HOA Fees

  • $83 Monthly HOA Fees

Parking

  • 4 Car Attached Garage

Property Views

  • Views of Preserve
  • Woods
  • Pool

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,666 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Ceiling Fan
  • Wood Burning Fireplace
  • Great Room
  • Living Room
  • Dining Room
  • Tile Flooring
  • Security Gate

Kitchen

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

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Dual Closets
  • Walk-In Closet
  • In-Law or Guest Suite
  • 4 Full Bathrooms
  • Separate Shower in Primary Bathroom
  • Spa Bath

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Pool

  • In Ground Pool
  • Waterfall Pool Feature

Outdoor Features

  • Patio
  • Fire Pit
  • Gazebo

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 23-36-25-25-0000e.0-0011.00

Community Details

Overview

  • Chase Hammock Lakes Association
  • Chase Hammock Lakes Subdivision
  • Maintained Community

Recreation

  • Jogging Path

Security

  • Gated with Attendant
  • Phone Entry

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,320

Year Built

Built in 2005

Lot Details

0

HOA Fees

$83 per month

Parking

4

Listing Details

  • Property Type: Residential
  • Year Built: 2005
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • ResoLotFeatures: Dead End Street, Easement Access, Sprinklers In Front, Sprinklers In Rear
  • Road Surface Type: Concrete
  • Reso View: Pool, Trees/Woods, Protected Preserve
  • ResoSecurityFeatures: Gated with Guard, Security Gate, Entry Phone/Intercom
  • Reso Association Amenities: Jogging Path, Maintenance Grounds, Management - Full Time
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Chase Hammock Lakes
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Other Structures: Gazebo
  • Location Tax and Legal Parcel Number2: 23-36-25-25-0000e.0-0011.00
  • 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: 6320.33
  • Location Tax and Legal Tax Year2: 2020
  • General Property Information Living Area2: 3666.0
  • General Property Information Building Area Total3: 4696.0
  • 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: West
  • Appliances Microwave: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Fencing Fenced2: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • General Property Information Community Fee(s) YN: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Pets Allowed Yes: Yes
  • Pool Features In Ground: Yes
  • Pool Features Private: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Lot Features Dead End Street: Yes
  • Roof:Shingle: Yes
  • Security Features Security Gate: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • View Pool: 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
  • Room Types Dining Room: Yes
  • Room Types Great Room: Yes
  • Interior Features Breakfast Nook: Yes
  • Room Types Laundry: Yes
  • Room Types Living Room: Yes
  • Interior Features Guest Suite: Yes
  • Pool Features Waterfall: Yes
  • Security Features Entry PhoneIntercom: Yes
  • Fencing Wrought Iron: Yes
  • View TreesWoods: Yes
  • View Protected Preserve: Yes
  • Security Features Gated with Guard: Yes
  • Other Structures Gazebo: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Bar, Breakfast Nook, Built-in Features, Ceiling Fan(s), Eat-in Kitchen, Guest Suite, His and Hers Closets, Kitchen Island, Open Floorplan, Pantry, Primary Bathroom - Tub with Shower, Primary Bathroom -Tub with Separate Shower, Split Bedrooms, Walk-In Closet(s), Wet Bar
  • Flooring: Tile
  • Spa Features: Bath
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplace Features: Wood Burning, Other
  • 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
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Built-in Features: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:His and Hers Closets: Yes
  • Spa Features:Bath: Yes
  • Fireplace Features:Wood Burning: Yes
  • Interior Features:Wet Bar: Yes

Exterior Features

  • Exterior Features: Fire Pit
  • Pool Features: In Ground, Private, Waterfall
  • Roof: Shingle
  • Fencing: Fenced, Wrought Iron
  • Acres: 1.0
  • Waterfront Features: Canal Front, Lake Front, Pond
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: West
  • Patio And Porch Features: Patio
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Exterior Features:Fire Pit: Yes
  • Patio And Porch Features:Patio: Yes
  • Waterfront Features:Lake Front: Yes
  • Waterfront Features:Pond2: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Lot Features:Sprinklers In Rear: Yes
  • Waterfront Features:Canal Front: 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
  • Utilities: Cable Available, Electricity Connected, Water Available
  • Heating: Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric3: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 1000.0
  • Association Fee Frequency: Annually
  • Association Name: CHASE HAMMOCK LAKES
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: CHASE HAMMOCK LAKES
  • General Property Information:Association Fee: 1000.0
  • General Property Information:Association Fee Frequency: Annually
  • Association Amenities:Jogging Path: Yes

Schools

  • Middle Or Junior School: Jefferson

Lot Info

  • Lot Size Sq Ft: 43560.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2323204
  • Parcel #: 23-36-25-25-0000e.0-0011.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 6320.33

MLS Schools

  • Elementary School: Carroll
  • High School: Merritt Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2021
Closed on
Mar 31, 2021
Sold by
Panero Philip J and Fernandez Karla
Bought by
Curry Delrika A and Curry Naomi M
Seller's Agent
Laura Kutryb
EXP Realty, LLC
Buyer's Agent
Non-Member Non-Member Out Of Area
Non-MLS or Out of Area
List Price
$750,000
Sold Price
$695,000
Premium/Discount to List
-$55,000
-7.33%
Current Estimated Value
$943,136

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$248,136
Avg. Annual Appreciation
7.04%
Original Mortgage
$548,250
Outstanding Balance
$493,398
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$449,738

Purchase Details

Closed on
Feb 7, 2020
Sold by
Northcraft Glenn and Northcraft Marsha L
Bought by
Fernandez Karla Colandrea and Panero Philip J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 1, 2016
Bought by
Panero Philip

Purchase Details

Closed on
Aug 30, 2007
Sold by
Panero Philip J
Bought by
Panero Philip and Panero Tracy

Purchase Details

Closed on
Dec 4, 2003
Sold by
Chase Hammock Lakes Llc
Bought by
Panero Philip J
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Curry Delrika A $695,000 Alliance Title Ins Agcy Inc
Fernandez Karla Colandrea $175,000 Alliance Title Ins Agcy Inc
Panero Philip $100 --
Panero Philip -- Attorney
Panero Philip J $110,000 International Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Curry Delrika A $548,250
Previous Owner Fernandez Karla Colandrea $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2021 03/31/21 Sold $695,000 -4.1% $190 / Sq Ft
02/21/2021 02/21/21 Pending -- -- --
02/06/2021 02/06/21 Price Changed $725,000 -3.3% $198 / Sq Ft
01/27/2021 01/27/21 For Sale $750,000 -- $205 / 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 $9,030 $691,850 -- --
2024 $8,990 $728,190 -- --
2023 $8,990 $706,990 $0 $0
2022 $8,420 $686,400 $0 $0
2021 $6,361 $469,890 $0 $0
2020 $6,320 $463,410 $115,000 $348,410
2019 $6,762 $486,370 $115,000 $371,370
2018 $7,367 $478,030 $110,000 $368,030
2017 $7,725 $483,160 $100,000 $383,160
2016 $5,876 $381,340 $95,000 $286,340
2015 $6,073 $378,690 $55,000 $323,690
2014 $6,125 $375,690 $55,000 $320,690
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2021

    Laura Kutryb

    EXP Realty, LLC

  • N

    Buyer's Agent in 2021

    Non-Member Non-Member Out Of Area

    Non-MLS or Out of Area

See All Agents

Map

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

MLS Number: 895577

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 23-36-25-25-0000E.0-0011.00

Florida Brevard County Merritt Island 32953

5217 Royal Paddock Way, Merritt Island, FL

This home is located at 5217 Royal Paddock Way, Merritt Island, FL 32953 since 28 January 2021 and is currently estimated at $943,136, approximately $257 per square foot. This property was built in 2005. 5217 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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