NOT LISTED FOR SALE

5237 Royal Paddock Way Merritt Island, FL 32953

Estimated Value: $906,824 - $1,021,000

3 Beds
3 Baths
3,633 Sq Ft
$265/Sq Ft Est. Value

Last Sold June 29, 2017

Last sale price $513,500 $141 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $5,741/month

28 Days on Market

Highlights

  • Lake Front
  • Boat Dock
  • Home fronts a pond
  • Lewis Carroll Elementary School Rated A-
  • In Ground Pool
  • View of Trees or Woods

About This Home

As of June 2017

Beautifully updated lakefront home on an acre of private land. This home boasts 3 large bedrooms, 3 full bathrooms, and an addition flex room that can be used as a fourth bedroom, office, theater, or a playroom. The huge chef's kitchen was recently upgraded with gorgeous white cabinets and new granite. Also included in the kitchen are top of the line Thermador, Bosch, and Wolf appliances. Additional features include custom plantation shutters, real hardwood floors, roll down hurricane shutters, the master closet doubles as a safe room with poured concrete walls, new hot water heater, a new pool screen, and much more. The gated community of Chase Hammock Lakes is one of the most desirable neighborhoods in North Merritt Island. The community offers a private walking trail and fishing pier.

Last Agent to Sell the Property

Shannon Connell

Ocean Realty Inc Listed on: 06/20/2017

Last Buyer's Agent

Terry Palmiter

RE/MAX Aerospace Realty License #3119456

RE/MAX Aerospace Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,112

Year Built

  • Built in 2005

Lot Details

  • 1 Acre Lot
  • Home fronts a pond
  • Lake Front
  • Street terminates at a dead end
  • West Facing Home

HOA Fees

  • $83 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Asphalt
  • Stucco

Interior Spaces

  • 3,633 Sq Ft Home
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Family Room
  • Screened Porch
  • Views of Woods

Kitchen

  • Double Convection Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms
  • Separate Shower in Primary Bathroom
  • Spa Bath

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Sink Near Laundry

Home Security

  • Security Gate
  • Hurricane or Storm Shutters

Pool

  • In Ground Pool
  • Screen Enclosure

Outdoor Features

  • Patio

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 23-36-25-25-0000e.0-0009.00

Community Details

Overview

  • Association fees include security
  • Anytime Property Management Heather Wells Association
  • Chase Hammock Lakes Subdivision
  • Maintained Community

Recreation

  • Boat Dock
  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,112

Year Built

Built in 2005

Lot Details

0

HOA Fees

$83 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 2005
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Sink
  • ResoLotFeatures: Dead End Street
  • Road Surface Type: Asphalt
  • Reso View: Trees/Woods
  • ResoSecurityFeatures: Security Gate
  • Reso Association Amenities: Boat Dock, Jogging Path, Maintenance Grounds, Management - Full Time, Management - Off Site
  • Reso Association Fee Includes: Security
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Chase Hammock Lakes
  • Carport Y N: No
  • Garage Yn: Yes
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 23-36-25-25-0000e.0-0009.00
  • 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: 5112.28
  • Location Tax and Legal Tax Year2: 2016
  • General Property Information Living Area2: 3633.0
  • General Property Information Building Area Total3: 4495.0
  • 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
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Flooring Wood: Yes
  • Pool Features In Ground: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Lot Features Dead End Street: Yes
  • Road Surface Type Asphalt: Yes
  • Roof:Shingle: Yes
  • Security Features Security Gate: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Laundry Features Sink: Yes
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • Pool Features Screen Enclosure: Yes
  • Room Types Family Room: Yes
  • Room Types Laundry: Yes
  • General Property Information Association Phone: 735-8331
  • View TreesWoods: Yes
  • General Property Information:Pool Private YN: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Ceiling Fan(s), Open Floorplan, Primary Bathroom - Tub with Shower, Primary Bathroom -Tub with Separate Shower, Primary Downstairs, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
  • Flooring: Tile, Wood
  • Spa Features: Bath
  • Appliances: Convection Oven, Dishwasher, Disposal, Double Oven, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning, Other
  • ResoLivingAreaSource: PublicRecords
  • Appliances:Convection Oven: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Double Oven: Yes
  • Spa Features:Bath: Yes
  • Fireplace Features:Wood Burning: Yes

Exterior Features

  • Exterior Features: Storm Shutters
  • Pool Features: In Ground, Screen Enclosure
  • Roof: Shingle
  • Acres: 1.0
  • Pool Private: Yes
  • Waterfront Features: Lake Front, Pond
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • 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
  • Waterfront Features:Lake Front: Yes
  • Waterfront Features:Pond2: 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
  • Heating:Central: Yes
  • Heating:Electric3: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 1000.0
  • Association Fee Frequency: Annually
  • Association Name: Anytime property Management Heather Wells
  • Phone: 735-8331
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: Anytime property Management Heather Wells
  • General Property Information:Association Fee: 1000.0
  • General Property Information:Association Fee Frequency: Annually
  • Association Fee Includes:Security: Yes
  • Association Amenities:Jogging Path: Yes
  • Association Amenities:Boat Dock: Yes

Schools

  • Middle Or Junior School: Jefferson

Lot Info

  • Lot Size Sq Ft: 43560.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2323202
  • Parcel #: 23-36-25-25-0000e.0-0009.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 5112.28

MLS Schools

  • Elementary School: Carroll
  • High School: Merritt Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 16, 2020
Sold by
Wolfenbarger Randal L and Wolfenbarger Deborah L
Bought by
Wolfenbarger Randal L and Wolfenbarger Deborah L
Current Estimated Value
$962,706

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,000
Outstanding Balance
$114,916
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$847,790

Purchase Details

Closed on
Nov 19, 2019
Sold by
Wolfenbarger Randal L
Bought by
Wolfenbarger Randal L and Rdbb Wolfenbarger Trust

Purchase Details

Listed on
Jun 20, 2017
Closed on
Jun 29, 2017
Sold by
Ocnnell Gerald G and Ocnnell Shannon
Bought by
Wolfenbarger Randal
Seller's Agent
Shannon Connell
Ocean Realty Inc
Buyer's Agent
Terry Palmiter
RE/MAX Aerospace Realty
List Price
$559,900
Sold Price
$513,500
Premium/Discount to List
-$46,400
-8.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.92%

Purchase Details

Closed on
Nov 18, 2015
Sold by
The Stratton Group Of Brevard County Llc
Bought by
Connell Gerald G and Connell Shannon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.87%

Purchase Details

Listed on
Apr 18, 2015
Closed on
May 14, 2015
Sold by
Harris Ross and Dieas Joya
Bought by
The Stratton Group Of Brevard County Llc
Seller's Agent
Greg Ellingson
Ellingson Properties
Buyer's Agent
Shannon Connell
Blue Marlin Real Estate
List Price
$429,900
Sold Price
$410,000
Premium/Discount to List
-$19,900
-4.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.58%

Purchase Details

Closed on
Sep 25, 2003
Sold by
Chase Hammock Lakes
Bought by
Harris Ross and Dieas Joya

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
4.5%
Source: Public Records

Range of Values:

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Average Value
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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
Wolfenbarger Randal L -- Servicelink
Wolfenbarger Randal L -- None Available
Wolfenbarger Randal $513,500 Superior Title Ins Ag Ii Llc
Connell Gerald G $410,000 Superior Title Insurance Age
The Stratton Group Of Brevard County Llc $410,000 Attorney
Harris Ross $99,900 International Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wolfenbarger Randal L $229,000
Previous Owner Connell Gerald G $200,000
Previous Owner Harris Ross $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2017 06/29/17 Sold $513,500 -8.3% $141 / Sq Ft
06/22/2017 06/22/17 Pending -- -- --
06/20/2017 06/20/17 For Sale $559,900 0.0% $154 / Sq Ft
06/02/2017 06/02/17 Pending -- -- --
05/24/2017 05/24/17 For Sale $559,900 +36.6% $154 / Sq Ft
05/15/2015 05/15/15 Sold $410,000 -4.6% $113 / Sq Ft
05/03/2015 05/03/15 Pending -- -- --
04/18/2015 04/18/15 For Sale $429,900 -- $118 / 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 $6,891 $569,000 -- --
2024 $6,850 $552,970 -- --
2023 $6,850 $536,870 $0 $0
2022 $6,466 $521,240 $0 $0
2021 $6,825 $506,060 $0 $0
2020 $6,790 $499,080 $115,000 $384,080
2019 $6,738 $485,120 $115,000 $370,120
2018 $7,289 $472,500 $110,000 $362,500
2017 $5,010 $339,200 $0 $0
2016 $5,112 $332,230 $95,000 $237,230
2015 $6,477 $364,660 $55,000 $309,660
2014 $4,386 $270,850 $55,000 $215,850
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 784360

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 23-36-25-25-0000E.0-0009.00