NOT LISTED FOR SALE

5236 Royal Paddock Way Chase Hammock Lakes, FL 32953

Estimated Value: $186,062 - $227,000

1 Acre
$207,687 Price per Acre
43,560 Sq Ft Lot

Last Sold March 19, 2024

Last sale price $195,000

Est. 7% increase in value since last sale

Current estimated payment $1,340/month

337 Days on Market

Highlights

  • Lake Front
  • Home fronts a pond
  • 1 Acre Lot
  • Lewis Carroll Elementary School Rated A-

About This Lot

As of March 2024

One picture perfect acre of the Sun Setting on your Water Front views. Fully cleared, build ready with partial pad high and dry. One of the few lots left in desirable Chase Hammock Lakes with over 100 feet of West facing water frontage. Established gated community of high end, custom built homes situated in N Merritt Island. RV garages welcomed. Only minutes to KSC, watch the rocket launches from the comfort of your own yard! Beaches, golfing and easy access to Orlando via 528 Beachline.

Last Agent to Sell the Property

Peggy Baker

Coastal Living Realty & Inv. License #3032847 Listed on: 02/21/2024

Last Buyer's Agent

Peggy Baker

Coastal Living Realty & Inv. License #3032847 Listed on: 02/21/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,279

Lot Details

  • 1 Acre Lot
  • Home fronts a pond
  • Lake Front

HOA Fees

  • $88 Monthly HOA Fees

Schools

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

Utilities

  • Septic Tank
  • Cable TV Available

Community Details

  • Chase Hammock Lakes Subdivision

Listing and Financial Details

  • Assessor Parcel Number 23-36-25-25-A-14

Property Details

Property Type

Land

Est. Annual Taxes

$1,279

Lot Details

0

HOA Fees

$88 per month

Listing Details

  • Property Type: Land
  • Reso Property Sub Type: Unimproved Land
  • Road Surface Type: Paved
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Chase Hammock Lakes
  • Location Tax and Legal Parcel Number2: 23-36-25-25-A-14
  • 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: 1278.79
  • Location Tax and Legal Tax Year2: 2019
  • General Property Information Lot Size Acres: 1.0
  • General Property Information Lot Size Square Feet2: 43560.0
  • General Property Information Waterfront YN: Yes
  • General Property Information Senior Community YN: No
  • Utilities Cable Available: Yes
  • Water Source Public: Yes
  • General Property Information Number Of Lots2: 1.0
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 1.0
  • Waterfront Features: Lake Front, Pond
  • Waterfront: Yes
  • Waterfront Features:Lake Front: Yes
  • Waterfront Features:Pond2: Yes

Utilities

  • Utilities: Cable Available
  • Water Source: Public
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 1050.0
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

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

Schools

  • Middle Or Junior School: Jefferson

Lot Info

  • Number Of Lots: 1
  • Current Use: Residential, Single Family
  • Lot Size Sq Ft: 43560.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 23-36-25-25-A-14
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 1278.79

MLS Schools

  • Elementary School: Carroll
  • High School: Merritt Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 6, 2005
Sold by
Dionne Casey Jr William R and Dionne Casey B
Bought by
Levine Howard G and Levine Lanfang He
Current Estimated Value
$208,632

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,739
Outstanding Balance
$32,487
Interest Rate
4.5%
Mortgage Type
Seller Take Back
Estimated Equity
$175,200

Purchase Details

Closed on
Jan 21, 2005
Sold by
M2 Constructors Inc
Bought by
Dionne Casey Jr William R and Dionne Casey B

Purchase Details

Closed on
Feb 13, 2004
Sold by
Chase Hammock Lakes Llc
Bought by
M2 Constructors Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Levine Howard G $85,000 --
Dionne Casey Jr William R $230,000 --
M2 Constructors Inc $110,000 International Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Levine Howard G $68,739
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/19/2024 03/19/24 Sold $195,000 -6.7% --
02/24/2024 02/24/24 Pending -- -- --
02/21/2024 02/21/24 For Sale $209,000 0.0% --
01/29/2024 01/29/24 Pending -- -- --
01/25/2024 01/25/24 Price Changed $209,000 -8.7% --
11/15/2023 11/15/23 Price Changed $229,000 -8.0% --
03/23/2023 03/23/23 For Sale $249,000 +24.5% --
02/19/2020 02/19/20 Sold $200,000 -11.1% -- View Prior Sale
01/20/2020 01/20/20 Pending -- -- --
09/23/2019 09/23/19 For Sale $225,000 -- --
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 $2,028 $185,000 -- --
2024 $2,004 $185,000 -- --
2023 $2,004 $185,000 $185,000 $0
2022 $1,722 $166,500 $0 $0
2021 $1,507 $115,000 $115,000 $0
2020 $1,351 $115,000 $115,000 $0
2019 $1,332 $115,000 $115,000 $0
2018 $1,282 $110,000 $110,000 $0
2017 $1,218 $25,000 $0 $0
2016 $1,191 $95,000 $95,000 $0
2015 $904 $55,000 $55,000 $0
2014 $921 $55,000 $55,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 960508

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 23-36-25-25-0000A.0-0014.00