NOT LISTED FOR SALE

5227 Royal Paddock Way Merritt Island, FL 32953

Estimated Value: $919,780 - $1,095,000

3 Beds
4 Baths
3,745 Sq Ft
$266/Sq Ft Est. Value

Last Sold May 17, 2019

Last sale price $609,000 $163 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $5,930/month

85 Days on Market

Highlights

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

About This Home

As of May 2019

A stunning and grand paver drive leads you to this lakefront home in the prestigious gated community of Chase Hammock Lakes! Sitting on 1 acre of land, this home features high end custom finishes, including double tray ceilings, crown molding, and tall baseboards. Each of the three bedrooms has its own private en-suite bathroom. Bonus room upstairs as well as upstairs guest suite feature a balcony overlooking the lake. Chef's kitchen features granite tops, stainless steel appliances and overlooks the family room with gas fireplace. Enjoy entertaining on the large screened patio with summer kitchen and private pool and spa with brilliant views of the lake.

Last Agent to Sell the Property

Garrett Bell

Coldwell Banker Realty Listed on: 01/18/2019

Last Buyer's Agent

Juli Claassen

Beachline Real Estate, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,848

Year Built

  • Built in 2006

Lot Details

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

HOA Fees

  • $88 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Property Views

  • Lake
  • Pond
  • Pool

Home Design

  • Frame Construction
  • Shingle Roof
  • Wood Siding
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,745 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Home Office
  • Library
  • Bonus Room
  • Screened Porch

Kitchen

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

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Dual Closets
  • Walk-In Closet
  • 4 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom
  • Spa Bath

Laundry

  • Laundry Room
  • Sink Near Laundry
  • Washer and Gas Dryer Hookup

Home Security

  • Security System Owned
  • Security Gate
  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Pool

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

Outdoor Features

  • Patio
  • Outdoor Kitchen

Schools

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

Utilities

  • Central Heating and Cooling System
  • Whole House Permanent Generator
  • Propane
  • Well
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 23-36-25-25-0000e.0-0010.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,848

Year Built

Built in 2006

Lot Details

0

HOA Fees

$88 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 2006
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Sink, Washer Hookup
  • ResoLotFeatures: Sprinklers In Front, Sprinklers In Rear
  • Reso View: Lake, Pond, Pool, Water
  • ResoSecurityFeatures: Security Gate, Security System Owned, Smoke Detector(s)
  • Reso Association Amenities: Maintenance Grounds, Management - Full Time, Management - Off Site
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Chase Hammock Lakes
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Financial Info Electric: Whole House Generator
  • Location Tax and Legal Parcel Number2: 23-36-25-25-0000e.0-0010.00
  • 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: 7847.9
  • Location Tax and Legal Tax Year2: 2018
  • General Property Information Living Area2: 3745.0
  • General Property Information Building Area Total3: 4767.0
  • 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
  • Flooring Laminate: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: 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
  • Association Amenities Maintenance Grounds2: Yes
  • Roof:Shingle: Yes
  • Security Features Security Gate: Yes
  • Security Features Smoke Detector(s): Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • ViewPond: Yes
  • View Pool: Yes
  • Laundry Features Sink: Yes
  • Levels Two: Yes
  • Water Source Well: Yes
  • Pets Allowed Total Number Of Pets: 3
  • Spa Features In Ground2: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • View Water3: Yes
  • Room Types Dining Room: Yes
  • Interior Features Breakfast Nook: Yes
  • Pool Features Screen Enclosure: Yes
  • Security Features Security System Owned: Yes
  • Room Types Family Room: Yes
  • Room Types Laundry: Yes
  • Room Types Library: Yes
  • Room Types Living Room: Yes
  • Room Types Office: Yes
  • General Property Information Association Phone: 321-735-8331
  • Electric Whole House Generator: Yes
  • Pool Features Waterfall: Yes
  • Utilities Propane3: Yes
  • Pool Features Gas Heat: Yes
  • Room Types Bonus Room: 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, His and Hers Closets, Kitchen Island, Open Floorplan, Pantry, Primary Bathroom - Tub with Shower, Primary Downstairs, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar
  • Flooring: Laminate, Tile
  • Spa Features: Bath, In Ground
  • Appliances: Dishwasher, Disposal, Electric Water Heater, Microwave
  • Full Bathrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: Other
  • Total Bedrooms: 11
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Interior Features:Primary Downstairs: 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:Vaulted Ceiling(s): Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:His and Hers Closets: Yes
  • Spa Features:Bath: Yes
  • Interior Features:Wet Bar: Yes

Exterior Features

  • Exterior Features: Outdoor Kitchen, Storm Shutters
  • Pool Features: Gas Heat, In Ground, Private, Screen Enclosure, Waterfall
  • Roof: Shingle
  • Acres: 1.0
  • Waterfront Features: Lake Front, Pond
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Frame, Stucco, Wood Siding
  • Direction Faces: West
  • Patio And Porch Features: Patio, Porch, Screened
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Exterior Features:Storm Shutters: Yes
  • View:Lake: Yes
  • Construction Materials:Frame: Yes
  • Construction Materials:Wood Siding: Yes
  • Waterfront Features:Lake Front: Yes
  • Waterfront Features:Pond2: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Lot Features:Sprinklers In Rear: Yes
  • Exterior Features Outdoor Kitchen2: 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, Propane
  • 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: 2323203
  • Parcel #: 23-36-25-25-0000e.0-0010.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 7847.9

MLS Schools

  • Elementary School: Carroll
  • High School: Merritt Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2019
Closed on
May 10, 2019
Sold by
National Residential Services Inc
Bought by
Smith Cherly A and Smith Dana D
Seller's Agent
Garrett Bell
Coldwell Banker Realty
Buyer's Agent
Juli Claassen
Beachline Real Estate, LLC
List Price
$639,000
Sold Price
$609,000
Premium/Discount to List
-$30,000
-4.69%
Current Estimated Value
$996,945

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$387,945
Avg. Annual Appreciation
8.06%
Original Mortgage
$309,000
Outstanding Balance
$271,122
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$725,823

Purchase Details

Closed on
Oct 5, 2018
Sold by
Adkisson Robert W and Adkisson Amy L
Bought by
National Residential Nominee Services In

Purchase Details

Listed on
Jun 22, 2016
Closed on
Jun 23, 2017
Sold by
Rajee Aggarwal Mukesh C and Rajee Paul
Bought by
Adkisson Robert W and Adkisson Amy L
Seller's Agent
Carl Guettler
Guettler Realty Group
Buyer's Agent
Toni Pastermack
Pastermack Real Estate
List Price
$685,000
Sold Price
$600,000
Premium/Discount to List
-$85,000
-12.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.34%
Original Mortgage
$480,000
Interest Rate
4.05%

Purchase Details

Listed on
Feb 24, 2014
Closed on
Jul 24, 2014
Sold by
Hyres Robert J and Hyres Joan D
Bought by
Rajee Aggarwal Dr Mukesh C and Rajee Paul Dr
Seller's Agent
Greg Ellingson
Ellingson Properties
Buyer's Agent
Boaz Barnavon
Rahal Real Estate LLC
List Price
$569,000
Sold Price
$551,000
Premium/Discount to List
-$18,000
-3.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.96%
Original Mortgage
$417,000
Interest Rate
4.19%

Purchase Details

Closed on
Jun 20, 2008
Sold by
Clark James and Dismore Clark Denise
Bought by
Hyres Robert J and Hyres Joan D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.62%

Purchase Details

Closed on
Sep 12, 2005
Sold by
Quinn Shawn M and Quinn Jacqueline W
Bought by
Clark James and Dismore Clark Denise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$482,000
Interest Rate
6.12%

Purchase Details

Closed on
Mar 15, 2004
Sold by
Chase Hammock Lakes Llc
Bought by
Quinn Shawn M and Quinn Jacqueline W
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
Smith Cherly A $609,000 Fidelity Natl Ttl Of Fl Inc
National Residential Nominee Services In $639,000 Fidelity National Title Of F
Adkisson Robert W $600,000 None Available
Rajee Aggarwal Dr Mukesh C $551,000 Attorney
Hyres Robert J $691,000 Southern Title Hldg Co Llc
Clark James $245,000 International Title & Escrow
Quinn Shawn M $130,000 International Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Cherly A $309,000
Previous Owner Adkisson Robert W $480,000
Previous Owner Rajee Aggarwal Dr Mukesh C $417,000
Previous Owner Hyres Robert J $300,000
Previous Owner Clark James $482,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2019 05/17/19 Sold $609,000 -2.5% $163 / Sq Ft
04/11/2019 04/11/19 Pending -- -- --
02/15/2019 02/15/19 Price Changed $624,900 -2.2% $167 / Sq Ft
01/16/2019 01/16/19 For Sale $639,000 +6.5% $171 / Sq Ft
06/23/2017 06/23/17 Sold $600,000 -4.8% $160 / Sq Ft
04/24/2017 04/24/17 Pending -- -- --
03/21/2017 03/21/17 Price Changed $630,000 -1.6% $168 / Sq Ft
01/30/2017 01/30/17 Price Changed $640,000 -3.8% $171 / Sq Ft
08/25/2016 08/25/16 Price Changed $665,000 -2.9% $178 / Sq Ft
06/22/2016 06/22/16 For Sale $685,000 +24.3% $183 / Sq Ft
07/25/2014 07/25/14 Sold $551,000 -3.2% $147 / Sq Ft
06/07/2014 06/07/14 Pending -- -- --
02/24/2014 02/24/14 For Sale $569,000 -- $152 / 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 $6,925 $566,750 -- --
2024 $6,885 $550,780 -- --
2023 $6,885 $534,740 $0 $0
2022 $6,447 $519,170 $0 $0
2021 $6,805 $504,050 $0 $0
2020 $6,771 $497,100 $115,000 $382,100
2019 $7,775 $520,790 $115,000 $405,790
2018 $7,848 $511,870 $110,000 $401,870
2017 $6,984 $472,180 $0 $0
2016 $7,139 $462,470 $95,000 $367,470
2015 $7,385 $459,260 $55,000 $404,260
2014 $5,535 $340,140 $55,000 $285,140
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 834450

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 23-36-25-25-0000E.0-0010.00